(June 2019) The last several weeks has seen the dollar depreciate, Bitcoin appreciate, hundreds of acquisitions and mergers, the conspiracy with Tech. giant Huawai, and whispers from trading floors with the investment into SMM/IPO company The Omar Abdulla Group.
The Omar Abdulla Group is an investment company specializing into media investment, bitcoin and forex markets, with other hedged investments into insurance and sports cars.
The latest news hitting trading floors is the eyes of billionaires Jack Ma and Bill Gates, eyeing The Omar Abdulla Group as an investment into technologies in Africa, spanning the high-unemployment rate, with a possible $5 million dollar purchase of 10 000 shares of the company.
‘We have searched hundreds of SMM companies in Africa, and find lucrative opportunities for investment with the South African company, owning shares in Alibaba SA, Instagram SA, Facebook SA, and Go Daddy SA.’ looped CEO of Alibaba, Mr. Jack MA.
Meanwhile, the trading floor has been busy with The United States dollar depreciating amid all currencies with fundamental analysis leading to the rand reaching R10/$ by end-year, added President of SA, Mr. Cyril Ramaphosa.
‘The rand will continue to strengthen as the Federal Reserve will continue to cut interest rates in the U.S, more job opportunities in South Africa, and more money invested into the government failing ‘Eskom and SAA.”
In other news, China seems to be winning the ‘Trade War,’ with The United States, as more companies are affected in The United States than China.
“My meeting with President of China, Mr. Xi Jinping will be to see how we can move forward to have a balance of trade between the two countries, with trade negotiations of up to $600BL” Trump tweeted.
Catching up with Microsoft Ceo, Mr. Bill Gates, he pooled that himself and MA, was looking at South Africa for investment and sees The Abdulla Algorithm the future in software development in Africa.
‘We are peculating the venture capital investment with Abdulla, as we see this company a future listed IPO.’
With the rand said to be strengthening, the steady rise of Bitcoin above $9000 dollars, one has to ask oneself is Libra the cryptocurrency of the future?
‘Bitcoin is digital gold, and Libra is the digital dollar of the future.’ said JSE economist, Mr. Goolam Adam.
Concluding his remarks to Market Mix, Mr. Abdulla hooked that business confidence is increasing in South Africa, and hopes that Gates and MA will purchase the 26% shareholding for The Omar Abdulla Group at $5 million dollars.
‘It’s not the money in a company that grows the company, it’s their shareholders.’