The Biggest Growth Story of the Next 50 Years
May 12th, 2008 | By Frank Hemsley | Category: International InvestingIf you didn’t get a chance to read Saturday’s email, you won’t have seen what my trusted colleague, Manraaj, calls “the biggest growth story of the next 50 years”.
To save you trawling back through your inbox looking for that, let me just give you the link through to the nitty-gritty. This leads you through to the name of a London AIM-listed share that could be a real legacy-making investment:
http://click.fspeletters.com/t
I can tell from the number of inquiries that came in on Saturday that Profit Watch readers were very receptive to Manraaj’s investment idea. That’s great to see - because I think those people who are following him into this share will see great returns.
But I also had a number of emails from readers who thought that the idea of investing in “the Dark continent”, as someone put it, was utter madness. Why invest in a continent riddled with corruption, poverty and violence, was the gist of the objections.
Fair enough. It’s a natural reaction. But the truth is that those stereotypes aren’t true of most of Africa.
Go where the “smart money” is going…
The smart money is finally catching on that there are really amazing growth prospects in Africa, as The Independent notes:
“As investment banks continue to feel the effects of the credit crunch in the West, some are looking to Africa as the latest emerging market opportunity to boost flagging profits.
“Banking powerhouses Citigroup and JP Morgan operate in sub-Saharan Africa. But last week Russian investment bank Renaissance Capital (RenCap) showed signs of things to come as it bought stakes in New World Investments in Ghana and Pangaea/EMI Securities in Zambia.”
Take a look at this opportunity and see whether you like the sound of it. You can review Manraaj’s in-depth report on one company he believes could help British investors cash in on this great long-term story:
http://click.fspeletters.com/t
And if your interests lean more towards going for quick in and out profit-grabs, then look out for details from me tomorrow about the latest Forex strategy we’re endorsing. You should see what people using this system are saying.
More on that tomorrow.
Until then…
Best regards,
Frank Hemsley
Profit Watch
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