phoinix:


Why do people think that DangFoods will be adjusted to be closer to BUAFoods, only for the sake of bridging gaps? Last year, BUAFoods made 91.3T naira PAT, while sugar (54.7T) and salt (5.5T) combined for 60.2T, with rice maybe 67T. In my opinion, BUAFoods will be the market leader with better ROE and higher equity.

vacanci:


This is the biggest lie i have seen in my entire life.

All the companies that made profits in the entire west africa put together cannot be up to 91T Naira.

Dangote sugar revenue is less than 430B in a year. how come the profit is 54T after tax.

fear God

Khalidade:


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phoinix:


Can't you see it was a typo? Use your acumen, sir. If you don't, it will waste away. B not T. LOL

vacanci:


even if it's typo, lets look at their 2023 Half year report

BUAFOOD revenue is 176B naira

DANSUGAR revenue is 202B
NASCON revenue is 38B
DANRICE we dont know yet

add the 3 dangote companies and you can see for yourself that dangote food is running fine and will dethrone BUAFOOD

phoinix:


Why do people think that DangFoods will be adjusted to be closer to BUAFoods, only for the sake of bridging gaps? Last year, BUAFoods made 91.3B naira PAT, while sugar (54.7B) and salt (5.5B) combined for 60.2B, with rice maybe 67B. In my opinion, BUAFoods will be the market leader with better ROE and higher equity.

phoinix:


The revenue of BUAFOOD is 418.3 billion naira, as stated in its last audited books.

vacanci:


check their 2023 H1 Report as attached pls. This one is direct from them. I dont know where your own is coming from

https://doclib.ngxgroup.com/Financial_NewsDocs/39167_BUA_FOODS_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JULY_2023.pdf

megawealth01:


Una go analyze tire

phoinix:


Why do people think that DangFoods will be adjusted to be closer to BUAFoods, only for the sake of bridging gaps? Last year, BUAFoods made 91.3B naira PAT, while sugar (54.7B) and salt (5.5B) combined for 60.2B, with rice maybe 67B. In my opinion, BUAFoods will be the market leader with better ROE and higher equity.

phoinix:


The revenue of BUAFOOD is 418.3 billion naira, as stated in its last audited books.

emmanuelewumi:



PAT doesn't tell the whole story.


Have you considered the Earnings Before Interest and Taxes, Operating Cash Flow, Free Cash Flow, net debt/FCF


Based on the last audited report


The operating cash flow of Dangote Sugar is N105 billion

Free Cash Flow N80 billion


Operating profit N82 billion


The company is also cash rich with about N180 in the bank and other liquid instruments

Adegbe67:


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2 Go to the tutorial lessons and learn how to trade and how the forex market works, 3 Make sure you follow daily market trends forex factory

vacanci:


check their 2023 H1 Report as attached pls. This one is direct from them. I dont know where your own is coming from

https://doclib.ngxgroup.com/Financial_NewsDocs/39167_BUA_FOODS_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JULY_2023.pdf

habeebsalami:


I have registered and deposited 100,000 Naira only what should I do next and what currency pair should I trade?

megawealth01:


Dey play

phoinix:


I got it from their last audited results, 2022.

megawealth01:
Dey play

vacanci:


check their 2023 H1 Report as attached pls. This one is direct from them. I dont know where your own is coming from

https://doclib.ngxgroup.com/Financial_NewsDocs/39167_BUA_FOODS_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_JULY_2023.pdf

vacanci:


ok. for the same year 2022, Dangote Sugar and Nascon put together without Rice is N462B which is more than BUAFOOD.

sugar N403B
nascon N59B

Sugar profit in 2022 alone was N91.6B

yMcy56:

Same person different moniker

Meanwhile, E Ku Sugar joor......
Lots of accumulation codedly ongoing in the 54/55.30 range........
Some cross deals as well.....

Patiently observing......

Ajibade123:

Dangote's sugar gross profit in 2022 was 91 million naira?

MrDiligence:

Hi please what's your take on transcorp. Hold or sell. Thanks

yMcy56:

What's your entry price?
Though I'm not an expert o, can just advice you with what I'll do if in your position.

phoinix:


The problem is efficiency. How much of that efficiency is converted to profits?