₦airaland Forum

EDUECO:
I repeat,banks like Zenith, Access,UBA,Stanbic, GTBANK,Fidelity,WEMA,Jaiz and First Bank will continue to declare profit every year from 2025 till 2075.

Banks make money every seconds from their physical office and online(this takes place 24 hours of the day).

Banking business is more lucrative than production of goods.

EDUECO:
Any Nigerian bank that declare loss is a scam!

Banking is very lucrative in Nigeria and in 100 years time it will remain so.

Hoping is not part of my investment strategy. I only invest in stocks of succesful companies.

megawealth01:
They are going through upgrade

PuristForest:
whats going on with meristrade order page and statement page, seems they've not been working. anyone has a response from them on when issue will be resolved.

Hamachi:
Great investors,
I need your candid opinion on this issue.
Presently my net portfolio in stock is #20m from initial investment of #2.8m.
I sold my charisma car on Nov '24.presently l footwagen around.l intended to sell part of my holding in stock to buy Toyota matrix worth of #5m. The issue now is should I hold on till Sept,25 because of the bull season or l should go ahead to buy the car.

SonofElElyonRet:
Don't have shares in lafarge but unless there's a bill passed into law that prevents the acquisition from going ahead, mere resolutions by the national assembly can't stop it. Only a new law, or breach of old law or regulations or regulatory authority or higher executive authority can stop it. My thoughts

megawealth01:
Let me drop a good comparison between the three (3) cement giants...

Company Overview

Dangote Cement is the largest cement producer in Nigeria and Sub-Saharan Africa. It is a subsidiary of the Dangote Group, founded by Aliko Dangote. With a focus on dominating the African market, it operates massive plants in Obajana, Ibese, and Gboko.

BUA Cement is a rapidly growing Nigerian cement company under the BUA Group, led by Abdul Samad Rabiu. Though younger than Dangote Cement, BUA has quickly grown through strategic plant expansion in Sokoto and Okpella.

Lafarge Africa, formerly Lafarge WAPCO, is backed by the Swiss-based Holcim Group. It has a long history in Nigeria and focuses heavily on sustainability and innovative cement solutions, with plants in Ewekoro, Sagamu, Ashaka, and Mfamosing.

Production and Market Reach

Dangote Cement has the highest installed production capacity in Nigeria, estimated at over 35 million metric tons annually. It also exports to more than 10 African countries and enjoys economies of scale.

BUA Cement has approximately 11 million metric tons of annual capacity, focusing mainly on the Nigerian market, though it is beginning to export.

Lafarge Africa has about 10.5 million metric tons of installed capacity. Its export capacity is relatively limited, and its focus is more on deepening local market penetration with eco-friendly cement products.

Financial Performance (2024)

Dangote Cement is by far the most profitable. In 2024, it generated over ₦2.2 trillion in revenue and over ₦390 billion in profit after tax. Its earnings per share (EPS) stood at around ₦22.27, and it paid a dividend of ₦30 per share.

BUA Cement earned around ₦460 billion in revenue and ₦88 billion in net profit. Its EPS was about ₦2.61, with a dividend payout of ₦2.00 per share. Despite its rapid growth, its dividend yield remains relatively modest due to its higher valuation.

Lafarge Africa earned approximately ₦405 billion in revenue and ₦51 billion in profit. EPS was around ₦3.17, and the company also declared a ₦2.00 dividend. It trades at a lower P/E ratio than BUA and Dangote, making it a potential value stock.

Stock Market Standing (as of July 2025)

Dangote Cement remains the most valuable publicly listed company in the cement sector with a market capitalization of over ₦6 trillion. Its share price hovers around ₦490.

BUA Cement’s market cap is about ₦2.3 trillion, with a share price around ₦132. It is seen as a growth stock with strong future potential.

Lafarge Africa is the smallest among the three in market value, standing at roughly ₦400 billion, with a share price in the ₦125 range.

Strategic Focus

Dangote Cement emphasizes dominance through scale, logistics efficiency, and regional exports. Its large integrated plants and wide distribution network give it significant leverage.

BUA Cement focuses on internal growth and efficiency. It has been aggressively expanding, commissioning new lines and power infrastructure to cut costs.

Lafarge Africa, under the global Holcim umbrella, emphasizes sustainability, waste recycling, and green cement technologies. Its Geocycle initiative is one of the most advanced waste-to-energy solutions in the industry.

Strengths and Weaknesses

Dangote Cement’s main strength is scale and profitability, but its large exposure to Nigeria and currency risks are concerns. BUA Cement’s strength lies in fast growth and strategic execution, though its high valuation may limit upside for investors in the short term. Lafarge Africa’s core strength is its alignment with global ESG trends and Holcim’s technical support, but its smaller scale and weaker recent margins are limitations.


My Thoughts

Dangote Cement is best suited for investors seeking stability, large dividends, and African regional exposure.

BUA Cement is ideal for those betting on long-term growth in Nigeria’s infrastructure and industrial sectors.

Lafarge Africa appeals to ESG-conscious investors and value seekers who want a more balanced, sustainable cement player.

mikeapollo:
Regular payment of dividend is very important in assessing stocks. Yes, it is true.
But it is NOT the ONLY basis for assessing stocks. Other factors may cause stocks price to rise based on assessment of potential future prospects as determined by the market.
Honey Well wasn't paying dividends in the last 3 years or so because they were having some challenges and undergoing restructuring. Their majority shareholder (Oba Otudeko) was having several issues in the industry. They also had a protracted court case with one of their creditor banks (I think it was Ecobank). During this period, the share price was undervalued as low as N3 for a very long time.
But after it was acquired recently by FMN, investors saw huge potential for growth and profitability, partly explaining the huge jump from N3 to N27 in about three years.
From N3 to N27 is 800% gain. For those who think about dividends ALONE, Honey Well would not have produced this kind of returns even it were paying dividends consistently in the last 3 years.

Bottom line: choose the strategy that fits your investment goals and identify the right stocks that can give you the required returns: regular dividends or capital gain in the shortest possible time.
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synoble:
C.I Leasing nawa.

Meanwhile I'm wondering why there's so much hype on Bamboo. Took more than an hour to just place a trade, worse of all the trade wasn't executed until 10pm at night and even at a different price. Bamboo investors una dey try oo, this is a disappointing experience for a first timer like myself...

SonofElElyonRet:
Check his other qualifications and experience

EDUECO:
The reason you cannot sell is that the stock price is being manipulated,there are no real buyers for Geregu shares.

Geregu's stock price is not supposed to be more than N200. In fact Geregu is N60 stock when calculated from the shareholder's fund(that is the equity).

EDUECO:
What help do you need?