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Nairaland Forum / Nairaland / General / Investment / Effect Of Naira Redomination On Stock Market Investments? (11458 Views)
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Re: Effect Of Naira Redomination On Stock Market Investments? by Mustay(m): 6:48pm On Sep 06, 2007 |
anyway, we still 've 2 congratulate SOLUDO cos 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 |
Re: Effect Of Naira Redomination On Stock Market Investments? by Ess: 9:13pm On Sep 06, 2007 |
And there goes another tribalist, cant 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. |
Re: Effect Of Naira Redomination On Stock Market Investments? by Mustay(m): 9:49pm On Sep 06, 2007 |
i knew some1 was gonna reply 2 that what makes u think i aint hausa? thatz d truth fella. . . .it'll affect the bureau de change guys |
Re: Effect Of Naira Redomination On Stock Market Investments? by Sadman(m): 12:19am On Sep 07, 2007 |
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? |
Re: Effect Of Naira Redomination On Stock Market Investments? by Mustay(m): 1:38am On Sep 07, 2007 |
the FACE value not the INTRINSIC value 'll change |
Re: Effect Of Naira Redomination On Stock Market Investments? by Ess: 10:33am On Sep 07, 2007 |
@ Mustay, U think the bureau de change guys have an impact on this Yar'adua governtment? Na wa o. |
Re: Effect Of Naira Redomination On Stock Market Investments? by Mustay(m): 3:50am On Sep 08, 2007 |
yes |
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