The Craze For Dangote Refinery Shares - Misplaced?

In 2005 to 2008, the banks were pushing IPOs, many of those investments have gone the way of MMM.

At a time, I had close to N12m with FSDH, luckily I took out some to invest in real estate, the balance is now less than N200k in value from well over N5m in 2010.

My 5 cent, get into time tested stock like Nestlé all these hype will evaporate in 3 years.