Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,158,158 members, 7,835,876 topics. Date: Tuesday, 21 May 2024 at 04:44 PM |
Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (10970027 Views)
Nigerian Stocks To Buy - 2024 Best Performing Stocks / Free Stock Market Pick Alert For All Investors Globally!!! / Dangote Resumes As President Of Nigerian Stock Exchange (2) (3) (4)
(1) (2) (3) ... (7224) (7225) (7226) (7227) (7228) (7229) (7230) ... (7781) (Reply) (Go Down)
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 11:37am On Aug 31, 2023 |
phoinix: 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 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:43am On Aug 31, 2023 |
vacanci: Can't you see it was a typo? Use your acumen, sir. If you don't, it will waste away. B not T. LOL |
Re: Nigerian Stock Exchange Market Pick Alerts by Deadlytruth(m): 11:45am On Aug 31, 2023 |
Khalidade:No forex trader with an actually working strategy reveals it to any other person, not even for a fee. This is because a truly working strategy in forex can, with a reasonable lot size, give you within 2 hours what it will take you twelve months to gather from tutorial fees for teaching forex to others. That is my own personal experience in forex. My point in essence is that if you were really a forex guru, you won't be here marketing it. 8 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 11:53am On Aug 31, 2023 |
phoinix: 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 with economies of scale following their merger 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 11:58am On Aug 31, 2023 |
vacanci: The revenue of BUAFOOD is 418.3 billion naira, as stated in its last audited books. |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 11:58am On Aug 31, 2023 |
phoinix:From the valuation of rice.How about if it made more profit than sugar. Do you know which product in bua food that contributed the most in the result because it can't be sugar because dangota sugar controls that sector |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 11:59am On Aug 31, 2023 |
[quote author=Streetinvestor2 |
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 12:16pm On Aug 31, 2023 |
phoinix: 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
|
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:35pm On Aug 31, 2023 |
vacanci: Una go analyze tire 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by essentialone(m): 12:39pm On Aug 31, 2023 |
una go explain tire. No... |
Re: Nigerian Stock Exchange Market Pick Alerts by OBAGADAFFI: 12:48pm On Aug 31, 2023 |
Where can I get ETI bonus and dividend history from 2000 till 2022 |
Re: Nigerian Stock Exchange Market Pick Alerts by ekkywolex(m): 12:49pm On Aug 31, 2023 |
megawealth01: |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 12:50pm On Aug 31, 2023 |
phoinix: 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 |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 12:52pm On Aug 31, 2023 |
phoinix: That of Dangote Sugar was N403 billion NASCON N59 billion. |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 12:53pm On Aug 31, 2023 |
emmanuelewumi: You are doing well Why I talk na because I dey Dangote ship... Dangote should help me test am to km100 |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 1:15pm On Aug 31, 2023 |
Adegbe67:Guy respect yourself.This has no business here 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:17pm On Aug 31, 2023 |
vacanci: I got it from their last audited results, 2022.
|
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 1:30pm On Aug 31, 2023 |
habeebsalami: Dey play 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Yoast: 1:35pm On Aug 31, 2023 |
megawealth01:Lol.. The Mugu no sabi say nsempa people are unscammable. This is the worst place to try to scam people with his olodo tactics 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 1:36pm On Aug 31, 2023 |
phoinix: 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
|
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:37pm On Aug 31, 2023 |
megawealth01: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...... 3 Likes 2 Shares |
Re: Nigerian Stock Exchange Market Pick Alerts by Ajibade123(m): 1:40pm On Aug 31, 2023 |
vacanci:Dangote's sugar gross profit in 2022 was 91 million naira? |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 1:44pm On Aug 31, 2023 |
vacanci: The problem is efficiency. How much of that revenue is converted to profits? |
Re: Nigerian Stock Exchange Market Pick Alerts by MrDiligence: 1:45pm On Aug 31, 2023 |
yMcy56: Hi please what's your take on transcorp. Hold or sell. Thanks |
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 1:49pm On Aug 31, 2023 |
Ajibade123: it's Billion not Million |
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 1:57pm On Aug 31, 2023 |
MrDiligence: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. The TA ogas could also help us out here. * I think "Hold" is the advice from analysts for now. |
Re: Nigerian Stock Exchange Market Pick Alerts by MrDiligence: 2:00pm On Aug 31, 2023 |
yMcy56: 3.3, Thanks to your recommendation about 3weeks ago |
Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 2:03pm On Aug 31, 2023 |
There will continue to be a cord binding Dangote Sugar and Nascon until they are suspended. The Pull and push effect. The price difference btw them can only be fair at 9.1%. For every price of NASCON, the equivalent price of SUGAR has to be additional 9.1% added to NASCON price. This should guide anyone considering which one of them is cheaper now. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:04pm On Aug 31, 2023 |
phoinix: Instead of focusing on PAT, try to look at the Net Operating Profit After Tax Mind you Dangote Rice was not in the equation in 2022, I want to believe Dangote Rice is more profitable than NASCON. With the recent ban on exportation of rice by Indian government in order to reduce the high cost of the product in India. I see Dangote Rice doing very well going forward 4 Likes |
(1) (2) (3) ... (7224) (7225) (7226) (7227) (7228) (7229) (7230) ... (7781) (Reply)
Viewing this topic: SonofElElyonRet, Willie2015, dammybrite, courage89(m), NL1960, SetrakusRa(m), Excellent7(m), ololufemi and 6 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 40 |