Lebanon Opportunities

Better go with preferred shares and Solidere

ew local options are open to investors amid the de facto capital controls, the currency depreciation, and the risks looming over the banking sector and government bonds. Many investors are looking for physical assets to preserve the value of their wealth as concerns about rising inflation mount. Some of these investors saw Solidere’s shares as a possible option since the underlying assets are real estate properties. Some analysts cautioned against investing in Solidere’s shares in light of the unrest in Beirut Central District, and because it is a loss-making company. They advised investors against investing in the banks’ current capital increase, or in their preferred shares. Analysts are recommending against investing in sovereign bonds in light of the uncertainty regarding the government’s plans for maturing Eurobonds. Financial institutions and brokerage firms are accepting checks from investors as payments for

Sie lesen eine Vorschau. Registrieren Sie sich, um mehr zu lesen.

Mehr von Lebanon Opportunities

Lebanon Opportunities2 min gelesen
Honey
The USAID-funded LIVCD project worked with the private sector at different levels of the honey value chain to make honey processing more efficient and innovative. The project improved the technology and beekeeping practices of over 1,700 beekeepers i
Lebanon Opportunities5 min gelesen
Money Heisted
Businesses, as well as ordinary citizens, are resorting to ingenious and often intricate ways to bypass the de facto capital controls preventing them from using their own funds deposited in bank accounts. Deals are performed at a premium, currently r
Lebanon Opportunities4 min gelesen
Precious Wearables
Local watch and jewelry businesses have observed a notable demand in the sector. The demand is mainly for high end watches, precious stones and gold bullion. Customers are transforming their cash money, or money deposited in bank accounts, into valua