The capital market analysts argued that despite the downturn that pervaded the nation’s capital market in the past few years, there is a need for investors to leverage the current low prices of stocks and expand their portfolio for future capital appreciation.
He also advised that investors should not panic but increase their stake inequities with intrinsic value, especially during this season when dividend payment is ongoing. “Also, expect repositioning to continue, while profit-taking will reduce on the strength of expected payouts and earnings surprises. However, we would like to reiterate that investors should not panic but go for equities with intrinsic value, especially during this season when dividend payment is ongoing.
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