Thursday 12 November 2009

Makaseb Monthly Commentary - October 2009 (PDF)

  • Both medium and longer term returns clearly demonstrate the potential of the MENA asset class. Returns have been comparable to other emerging markets, including the BRIC markets over both periods. MENA markets have posted decent returns over the last 9 years, rising 12.9% per annum
  • There appears to be a clear size effect at work here, with smaller companies outperforming the larger companies (in terms of market cap) by a wide margin.
  • Over the past 5 years Markets which were in bubble territory (mainly the GCC) in November 2000 have all performed modestly. Egypt is the clear winner over the last 5 years, benefitting from a reasonable starting point for valuations for this period

6 comments:

  1. The basic key for any company to grow is the ROI (Return on Investment). If the company is having the right ROI, we hope you will get the better chance to grow.

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  2. Well said home loans, ROI is the major key to success for any kind of business.

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  3. Every organization is based on the ROI. The firm having the profitability will grow with constant level.

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  4. ROI management is major key to success for every kind of business.

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  5. Can some one define what is ROI? What does it stand for?

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  6. ROI ( Return On Investment) The monetary benefits derived from having spent money on developing or revising a system.

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