₦airaland Forum

ositadima1:
If you look closely, my comparison is based on efficiency since they are both in the same space. From your perspective, DS has performed much worse, with only sugar having a bigger cost of sales compared to a whole conglomerate of products.

Though, DS is significantly larger than BUA's sugar sector.

Why do you think the merger alone will make it more efficient? They are still individual products made at different plants.

Look at my post again and see that the difference in efficiency is almost twice as much.

ositadima1:
Why was BUA Foods more efficient than Dangote Sugar in 2023? Dangote Sugar lost 170 billion in forex exchange, while BUA Foods lost only 80 billion. Based on rough calculations, if Dangote Sugar had been as efficient as BUA Foods (here I mean in terms of reduced cost of sales, DS would have had extra 100 billion or more), they would have ended the year with no losses or very minimal losses. Dangote Sugar should look to BUA Foods to learn from their playbook.

Streetinvestor2:
The first news was not a good news to oando image but the prompt disclaimer was a good news from then....my opinion

Streetinvestor2:
just because cement made a loss today. It means your prophecy Haa been fulfilled. You see why people like me don't want to hear things from many so called men of God is this country. Thr is no difference btw them and politicians. Infact some of them are the ones making the youth believe thr is no dignity again in labour. That you can get rich through some magical miracle.
I have come to make it now as yeild stick for red flag.If ihave any business dealings with you and you introduce yourself as man of God or spiritual....I run with my legs touching my back.

unite4real:
Even the holy book admonish us to diversify.

Ecclesiastes 11
NIV
Invest in Many Ventures
1 Ship your grain across the sea;
after many days you may receive a return.
2 Invest in seven ventures, yes, in eight;
you do not know what disaster may come upon the land.

3 If clouds are full of water,
they pour rain on the earth.
Whether a tree falls to the south or to the north,
in the place where it falls, there it will lie.
4 Whoever watches the wind will not plant;
whoever looks at the clouds will not reap.

5 As you do not know the path of the wind,
or how the body is formed[a] in a mother’s womb,
so you cannot understand the work of God,
the Maker of all things.

6 Sow your seed in the morning,
and at evening let your hands not be idle,
for you do not know which will succeed,
whether this or that,
or whether both will do equally well.


Below are some areas of diversification we all look at

1. Stocks local
2. stocks foreign
3. Local BONDS
4. Foreign Bonds (eurobond)
5. Cryptocurrency
6. Real estate
7. Treasury Bills
8. Entreprenuship
9. Commercial papers
10. FOREX

I no like the last one at all because I cannot compete against super computers

SonofElElyonRet:
Shucks! Wale find another good news to replace this fake good news 🙏

Streetinvestor2:
So you saw this as good news for oando....pls why. The cause of the bull you saw on oando is the sell agreement that is going viral in most media news now.The larger population may not have been privilege to hear it earlier than some of us here.I have people who don't even know what is still up with 3 banks in nigeria today.
It is now that the news is trending or going viral. The same will soon happen too on the latest judgment. Is only Nairametrics that has reported it if I am not wrong

Bagwa:
https://doclib.ngxgroup.com/Financial_NewsDocs/41804_OANDO_PLC-OANDO_PRESS_RELEASE__CORPORATE_ACTIONS_JULY_2024.pdf

Excellent7:
Not only UBA.
I expect the UGAZ to at least double their interim dividends.
This could be a double slam that encourages investors with respect to the capital raisings and enables management to more easily equal or surpass last years total dividend in anticipation of increased outstanding shares by end of the year.

Streetinvestor2:
Total mm pls do the needful now.pls release 100k units

KarlTom:
20.35

Quater to FULL BID

yMcy56:
Seems FCMB's Market Maker has been hijacked by FIDELITY........and Notore's MM has taking over.

On a good day, FCMB would have rode on the strength of the fantastic Q2 to circa 10!


Meanwhile, OANDO is sighted @20 in market!

Yesterday, we dey talk say that news na fresh one, Oga Mikeapollo dey talk another thing....
OANDO wey be say, we dey look forward to fresh news everytime ni. 😁

yMcy56:
....and where's the analysis? 🤔
You didn't see cross deals in my post?
Today na Friday, maybe you don dirty your eyes again....
Oya, insult me as you did the last time. 🤔

vacanci:
TransPower on the beat. This corruption no be here.

98k units in uncountable trades.

After buying over 30M units at N336, maybe they will use a single 100k units to move the price up.

These money bags know how to play this game

Choiceguy:
Nobody they discuss about result.the forum is gradually changing unlike before.nawaoo

Streetinvestor2:
Yes both jse and London too

Superex:
Chai thank you. This one is worthless.

mikeapollo:
The regulator that decides, NUPRC, had announced officially on July 3, that the deal is 100% complete. This carries more weight in my estimation.
What Oando and ENI are saying does not add anything new to what NUPRC had said 3 weeks earlier.
Hence, this is still old news.

SonofElElyonRet:
But dis na toro kobo sha

dapix:
Ding

sterlingD:
TRANSCORP POWER Q2 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/41749_TRANSCORP_POWER_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JULY_2024.pdf

yMcy56:
Chai!!
People are trying....dey don move am to 8 quick quick!

Mankind2024:
On Judgment Day, God Will Not Punish Nigerian Entrepreneurs - Aliko Dangote - Politics - Nairaland

https://www.nairaland.com/8163758/judgment-day-god-not-punish

yMcy56:
UCAP is supposed to touch around 45 before markdown, but these guys won't just allow that stock to breathe!
Could it be that they placed big offers at high prices to buy cheaper or they're actually taking profits?


Meanwhile, FCMB Q2 2024
Over +250% gain in PAT
Hope I see it right....
https://doclib.ngxgroup.com/Financial_NewsDocs/41739_FCMB_GROUP_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JULY_2024.pdf

mikeapollo:
Lol😊
You must have been giving ProphetUtuocha some ''close marking'' on this Oando matter.

ProphetUtuocha:
My predictions for 2024:
- Oando will not delist. It will reposition and will appreciate by minimum 400% this year.
- Most banks, especially FUGAZE will outperform
- The Dangote stocks will underperform
- Many will pay school fees in the insurance sector
- Nigerian economy will start a crucial recovering process.
- Foreign investors will gradually return from 1st half of the year
- Nigeria's rating will go up as positive economic indicators ramp up.

mikeapollo:
Jokes aside, a lot of the things ProphetUtuocha said/predicted about Oando has come to pass.
I think he deserves some credit and he seems to have some ''insider'' knowledge of things happening in Oando.
But he should not be putting us in suspense and hoard info about the stocks.
Whatever would be would be eventually!

robobo:
why he no go Red. when una want collect 70% reward from wetin una no work for / put in any risk for