Effect Of Naira Redomination On Stock Market Investments?

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Nairaland Forum  |  General Discussion  |  Business  |  Stocks & Investment (Moderator: FOD)  |  Effect Of Naira Redomination On Stock Market Investments?
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Author Topic: Effect Of Naira Redomination On Stock Market Investments?  (Read 6243 views)
Mustay (m)
Re: Effect Of Naira Redomination On Stock Market Investments?
« #128 on: September 06, 2007, 06:48 PM »

anyway, we still 've 2 congratulate SOLUDO because his ideas make SANUSI's tenure look inactive. at least we 've a visionary GOv'nor.

for the 0.23,  0.777 etc, in the NSE; we'll just get used 2 it.


YAr'Adua shocked me b suspending it on his interview.


Probably there's pressure 4m the HAUSAs; the tribe the idea affects the most


Ess
Re: Effect Of Naira Redomination On Stock Market Investments?
« #129 on: September 06, 2007, 09:13 PM »

And there goes another tribalist, can't we Nigerians ever come to term in our actions? Whats the hausa got to do with this now. I thought the hausa's were not ruling for 8 years now. Please stop putting ethnical sentiments in your judging on such national issues.
Mustay (m)
Re: Effect Of Naira Redomination On Stock Market Investments?
« #130 on: September 06, 2007, 09:49 PM »

i knew someone was going to reply 2 that

what makes u think i aint hausa?


thatz d truth fella. . . .it'll affect the bureau de change guys
Sadman (m)
Re: Effect Of Naira Redomination On Stock Market Investments?
« #131 on: September 07, 2007, 12:19 AM »

I am not an economist but i think the value of shares will be reset, because  0.5 kobo (which will be the new value of shares after dividing 50kobo by 100) can be said to be insignificant in money terms, so the value will be increased and the amont of units one owns will diminish, but i don't think the value of your investment will be affected. What do you guys think?
Mustay (m)
Re: Effect Of Naira Redomination On Stock Market Investments?
« #132 on: September 07, 2007, 01:38 AM »

the FACE value not the INTRINSIC value 'll change
Ess
Re: Effect Of Naira Redomination On Stock Market Investments?
« #133 on: September 07, 2007, 10:33 AM »

@ Mustay,
You think the bureau de change guys have an impact on this Yar'adua governtment? Na wa o.
Mustay (m)
Re: Effect Of Naira Redomination On Stock Market Investments?
« #134 on: September 08, 2007, 03:50 AM »

yes
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