The Port Moresby Stock Exchange Limited (POMSoX) will kick start its 2016 Investor Education Program on the 30th March 2016 with a seminar program in Port Moresby. It will be held at the Port Moresby Crown Plaza from 9am to 12pm. The popular Investor Education program is open to the public and to interested individuals. The Investor Education program is part of our commitment to educate and bring awareness to Papua New Guineans about investment in shares.
“Every year the stock exchange endeavors to improve the seminar program content and structure to expand the level of knowledge for new information to new and existing investors,” said Mr. Vincent Ivosa – Acting General Manager of POMSoX.
Mr. Vincent Ivosa said that the First Time Investor Seminars are geared towards empowering Papua New Guineans with the basic knowledge of undertaking investment in the stock market. Many ordinary people who have attended our seminars have gained very important information about investment generally.
“We want our retail market to be engaged by constantly being in the market place to continuously buy and sell shares. Our efforts are focused on expanding the retail investors market—this is where the bulk of our people are—and as much as possible, we would like to create a culture of investing rather than spending. This can only be achieved through constant education and awareness programs.”
The two primary objectives of the Seminar are to:
Educate Papua New Guineans on the basic information and steps and procedures that are involved in buying and selling shares; and
Promote, develop and enhance a saving and investment culture among Papua New Guineans.
In launching the 2016 program, Mr. Ivosa said that participants would acquire knowledge on the process involved in buying and selling shares, how to read share prices, assessing investment options and strategies, knowing the market structures, benefits and risks associated with shares, services of a stockbroker, and investment tips, among many others.
A seminar schedule is attached. A standard fee of K150.00 will be charged for interested individuals. The seminars will be conducted by officers from the POMSoX, BSP Capital and Kina Securities. For more information, interested individuals should contact the Stock Exchange on Ph: 320 1980, fax: 320 1981 or email: pomsox@pomsox.com.pg
We also wish to inform Papua New Guineans that in May 2016, we will roll out an intermediate investor education program, geared to provide additional information for those participants that have attended our First Time Investor Education Program. It is our commitment to continue to educate local investors about managing their investments in the share market.
The intermediate program will teach participants:
a) About reading and understanding company annual reports
b) Understanding financial statements
c) Understanding financial ratios
d) Understanding fundamental and technical analysis
e) Share market investment strategies
f) Gearing and margin lending
g) Risks and rewards
h) Improving investors’ skills and more.
