We are now at CSE - with a PE10 & we were in 2010-2014 with a market Cap of 25 B - now 13B ,
So there is more much more space to go - our most of the PLC not improved there prices of the shares in 7 years - that is not real most of these PLC made positive improvements - due to the way of trading that is not reflected with the current stock prices .
I am sure on that Yes till we go to ASPI OVER 7300 am and i will be positive - Sadly i dont have big funds to invest
But am encouraging middle class youth to invest in CSE - not to play casino in CSE - Invest with less CREDIT -you are safe and you are in for huge rewards and surely more than bank FD rates returns in 9-12 months
Corona is not going to go away like a cough and cold it will stay for many many years
I strongly hope before 2021 JUNE we will the world will get a vaccine and then things will settle and stocks world over will go sky rocket
I hate all politicians yet now first time since independence we have a dedicated minister for stocks and he is given 6 months by the President to perform - so by hook or crook he will work - am sure he will bring lot of methods like flat USD rates BOI Facilities for foreign investors and funds who will invest in stocks in CSE
I heard that HE like to get foreign funds to the country by way of stock buying from local companies by foreigners - and they will get a flat USD rate to buy and sell stocks - there are many more positive things in Minister Cabral's mind and will come slow and steady - these are few things for me to stay positive .
Yes till we go to ASPI OVER 7300 am and i will be positive - Sadly i dont have big funds to invest
But am encouraging middle class youth to invest in CSE - not to play casino in CSE - Invest with less CREDIT -you are safe and you are in for huge rewards and surely more than bank FD rates returns in 9-12 months