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02/06/15
12:47
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Originally posted by taboon
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It is pretty obvious that business in a developing country is riskier than first world countries like Australia. Cameroon has one of the most stable Democratic societies in the Region. As they and other countries in the region grow this risk is reduced.
Most developing countries get the same C3 rating so no big surprise there.
The funny thing is and what surprised me was that when you look at the table of risk, Cameroon appears to be no more riskier than quite a few other Countries that you would think are much more developed than Cameroon. That could be seen as a positive testament to their ongoing evolution. eg. Greece, Argentina, Jamiaca, Viet nam, Egypt etc.
It is also no surprise that Cameroons financial and economic foundations are still underdeveloped together with their infrastructure.
Projects like SDL provide massive infrastructure, jobs, and financial injections into the economy which go a long way to assist countries like Cameroon and Congo to evolve and develop those parts of the economy and structure that will provide a sound foundation for the future.
In doing so their risk factor improves as the country become more stable and economic foundations are laid and further developed.
Westcott has every right just like any geniune shareholder to call out those posters whose prime purpose appears to be motivated by other factors other than the want to discuss the stock or the company. He doesn't play Charades..He might drive one..
I still don't understood why someone who doesn't own a stock would want to continually post on SDL unless they have another hidden agenda.
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Hi taboon
Surely the only agenda from both holders or non holders is to make money. Nothing hidden about that! This is the sharemarket forum not an online dating site!
cheers
donedeal