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Nairaland Forum / Nairaland / General / Business / Stock Exchange Rally: Dangote Makes $1.1bn In Six Days (18398 Views)
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Re: Stock Exchange Rally: Dangote Makes $1.1bn In Six Days by woodmood: 4:37am On Jun 06, 2017 |
realnas: Congratulations my brother. The opportunity is there for everybody to make money now but sorry to say, Nigerian youth are too lazy. Rather than key into this, that will rather channel their energy in to why DANGOTE is being favoured and all what not. From January till date,FBNH has doubled it's price. What about May and Baker? Between last week and now, Fidelity, FCMB and Diamond have appreciated by 20 percent. Go into the world and prosper. Let others keep wailing about change. |
Re: Stock Exchange Rally: Dangote Makes $1.1bn In Six Days by lloyds(m): 6:07am On Jun 06, 2017 |
There are many politicians and ex-military leaders that have wealth more than Dangote, e.g. Babangida, Danjuma, Atiku etc. But Forbes only recognize those that make fortunes through legalized means. Most likely he is even fronting for some of them. |
Re: Stock Exchange Rally: Dangote Makes $1.1bn In Six Days by Afribest(m): 7:26am On Jun 06, 2017 |
Bondesniger:Start with what you have and every other things will come one after another bro! |
Re: Stock Exchange Rally: Dangote Makes $1.1bn In Six Days by seXytOhbAd(m): 8:27am On Jun 06, 2017 |
ausarchive: Another rumour monger peddling his wares. Where is the source of all the rubbish you just wrote? Why won't he get a better dollar rate when he is obviously in more need of it than kunle or Emeka who want to pay school fees? Dangote has over 30k workers. Free the man jare |
Re: Stock Exchange Rally: Dangote Makes $1.1bn In Six Days by Bondesniger(m): 8:41am On Jun 06, 2017 |
Afribest:am an applicant i dont have money now but working out something |
Re: Stock Exchange Rally: Dangote Makes $1.1bn In Six Days by seniwellsFX: 9:09am On Jun 06, 2017 |
These are the kind of profit one records when he or she runs a monopolistic business empire supported by the powers that be. Dangote has successfully monopolised the entire Nigerian economy as well as the stock market. For a single listed company to have a market share that equates to 1/3 of the entire market capitalization in an emerging market bourse,then you know there is trouble. Prices in Such stock market can easily be manipulated. Anyway,congrats to him. But as u may know,share prices rise and fall due to various macro economic and market sentiment forces. So as a market insider myself,i do not value the wealth of a business owner based on hot paper money.but rather on actualized profits at the end of each financial year. So let's watch out for dangote's end of year financial statement. |
Re: Stock Exchange Rally: Dangote Makes $1.1bn In Six Days by Umarlulu: 9:15am On Jun 06, 2017 |
aminho:mariya kai tsaye bawani kara? ?? |
Re: Stock Exchange Rally: Dangote Makes $1.1bn In Six Days by debeey87(m): 9:53am On Jun 06, 2017 |
Bondesniger: What you need isn't start up capital but to be able to pitch your idea to the right people. Ask your self, if given 3mins, can you convince an investor to put money in your business |
Re: Stock Exchange Rally: Dangote Makes $1.1bn In Six Days by davibid: 11:10am On Jun 06, 2017 |
CocoBee: Three trillion, five hundred and seventy eight billion, five hundred and six million, five hundred and fifty five thousand, fifty Naira. 1 Like |
Re: Stock Exchange Rally: Dangote Makes $1.1bn In Six Days by Nobody: 11:45am On Jun 06, 2017 |
davibid: You try bruv! But I think it's Three trillion, five hundred and seventy eight billion, five hundred and six million, five hundred and fifty five thousand, fifty naira! |
Re: Stock Exchange Rally: Dangote Makes $1.1bn In Six Days by davibid: 1:33pm On Jun 06, 2017 |
CocoBee: It was an oversight #modified 1 Like |
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