₦airaland Forum

So will Presco and Okomu give special dividend for November 2026?

Shoe get size just go for your size, the problem is buying a car you can't maintain easily .

That you can afford the purchase cost doesn't mean you can afford the maintenance costs

Nov/Dec/Jan discount season on our annoited stocks will be loud, be prepared to load up on your annoited stocks.

Deep Market correction almost like a crash loading

Tinubu's second tenure will humble everyone.

The prices we are crying about today may look like dream prices.

Stay prepared, the days ahead if you are living in Nigeria will be tougher.

Where is the lie, just clock it and stay locked in

Bola is his name, do you realise Atiku is the first name too

Let us focus on main issue not distractions

I predicted right

Zenith Bank
Interim dividend - 1.50
Final dividend - 10.50

Clock it

Banking sector is funny 🤣, once a bank releases a disappointing news it automatically affects other banks, esp among FUGAZ.

People who keep over 3 banking stocks at a time in their portfolio dey try.

One thing with a good stock/business is that it doesn't stay down for too long, those who know their value will drive them back up fast.

Dangote refinery IPO is not driving stocks down as was anticipated, almost every stock is selling at a premium now.

I want more MTN below 800 and may be TIP below 23, may be it will happen around Nov/Dec

Devil has suffered for far too long for everything bad.

You made a bad decision, instead of you to dump or divorce her and take responsibility, you are blaming the devil.

Christianity and Devil concept spoilt most African brains, religion is poison. The devil is not responsible you are.

Take responsibility, man up and send her packing

elengine:
You all better praise GTCO for the 1 naira because Zenith no dey pay shishi

Zenith will pay at least 1.50 interim and 10.50 final dividend

1m investment in Presco 12 yrs ago is now worth over 83.4m. Imagine someone that invested 5m then that is enough to retire, just one stock

This is fantastic return, I am not sure if there is any other ngx stock that matched this within the same period.

Lesson - Stock is a long term investment but staying long term does not guarantee success, picking the right stock is the main thing otherwise you turn share holder instead of an investor.

megawealth01:
As seen on the internet

What will be the value of 300k in 20 yrs time that is the real question, it may struggle to buy 2bags of rice then and to get todays value you may need 1.5m

Plentydreams:
This girl I barely resumed talking to her and I decided to gift her 15k in naira for her breakfast and she sent me,"good morning thanks" should I be concerned, because the proper culture of an African is supposed to be with proper gratitude,note that I am not asking her out,we have known for a while but I only felt like gifting her.


PS; this is only for the Yoruba's culture

Correct SIMP continue, next time make it 100k, now she will plan well on how to milk you dry and block you since she has nothing to lose.

megawealth01:
Usually, in any year leading up to a presidential election, I pull out my funds from all my investment accounts and leave only my main account active. This is because I invest primarily with a long term perspective and I prefer to position my finances conservatively during periods when significant political and economic uncertainties may arise.

© MEGAWEALTH01

There is no uncertainty Tinubu will win (rig) convincingly and the oppositions are to weak for any revolution. The masses are also too fearful to risk their lives in any major protests.

Tinubu has captured Nigeria already and he has told everyone that all is fair in politics including rigging, thurgery, vote buying etc

For my newbies, In the stock market anything is possible, while fantasizing about the possible gain also be prepared to survive your loses. Nothing is certain, we are all trying to predict the future, if you predict correctly you win otherwise you lose.

Surviving your loses will keep you in the gain long enough to win.

Permanent loss of capital is gain over

How can you win in a game without understanding the rules? Invest in your stock market education to increase your odds of winning.

Unexpected alert from Presco, 2025 final dividend of ₦14.66 has been received

Long overdue, Presco good job there

faoogoke:
I am not buying the IPO. I however wish those buying and Mr Dangote the very best.

My hope is that the exercise will not end up generating a negative awareness about the stock market to newbies.

If Dangote Refinery dont deliver to the expectations of investors, many will give up on the NGX completely.

If i dont see a better opportunity in the market before October 2, i will take some position in the king of MOAT. The odds are all in the favour of Dangote refinery to do well. As an investor my funds are patient usually, i will hold for 5 years minimum and this IPO at 525 will look unbelievable by 2031 or less. This game is all about having much more wins and ensuring that you can survive you loses.
Ordinary Aradel i bought at 510 in July 2025 touched 2000 in April 2026,less than 1 year. TIP PO I bought at 9.5 in January 2026 touch 35 in less than 6 months.

President of the Dangote Group, Aliko Dangote, has assured the investing public that the Dangote Petroleum Refinery and Petrochemicals FZE will be the most viable company in Africa by the end of December 2026.

https://www.channelstv.com/2026/09/14/dangote-refinery-will-be-the-largest-company-in-africa-by-december-end-aliko/

If Alhaji continues this hype over subscription may be more than 10x. He is looking for 2.5T may end up with 25T.

This IPO is giving MMM vibes it's like a fever

Alot of people especially newbies with MMM mindset chasing quick profit fit dey disappointed

Meanwhile largest doesn't mean the most profitable or the most investor value creator.

Dangote Refinery IPO has already received inflow of over ₦1.5 trillion. Alhaji plans to raise ₦2.5 trillion and the offer is still valid till Oct 13th.

Where una dey see this money? 😳

Aliko still dey sell market, I heard bamboo and most fintech apps has crashed already as newbies rush to buy thinking it is first come first served 😂😂😂.

While smart investors are waiting for few days to the end to be sure there won't be crazy opportunities in other stocks before settling for some position in the IPO.

10x in 2 years says Oga Aliko Dangote

Aliko Dangote, President of Dangote Industries Limited, believes shares in Dangote Petroleum Refinery could deliver substantial gains for investors, saying the stock being offered at N525 could eventually trade at N10,000...

Wow Over subscription loading

If they do 10 for 1 shares reconstruction it can reach 10k in 3 years

ghm:
My own concern about the Dangote Refinery listing on NGX

Assuming full subscription at the IPO price (ignoring any price appreciation or depreciation), Dangote Refinery will account for approximately 40% of the entire NGX market capitalisation. when it is finally listed.

A 40% weighting transforms the NGX from a diversified exchange into what is effectively a "Dangote Refinery Exchange." This creates an unprecedented situation where the performance of a single company defines the financial health of the nation's entire stock market.

That level of concentration is extremely vulnerable – and risky for every investor.

What are your thoughts on this and what do you suggest we should do as investors in preparation for this?

It's even bigger than any sector in NGX

I don't think it's an issue just treat Dangote refinery as a super sector in your portfolio and maintain a well diversified portfolio.

Keep cash available for opportunities created by the IPO.

Continue accumulating fundamentally strong businesses outside Dangote refinery.

Don't make Dangote refinery more than 10 to 20% of your portfolio

Obi will be rigged again, he can't even defeat Atiku let alone ruthless Tinubu.

Did you hear Tinubu or presidency condemning what happened in Benue, no way it's part of the plan and they have seen that the stupid Obi did nothing, they will implement in all apc states and frustrate his movements.

Obi is too stingy to be a Nigerian politician, 5m will hire 1000 thugs to be on ground waiting your arrival and match force with force.

Same way he will be rigged and ask to go to court again, stop supporting Obi he can't protect your votes he has no plan to counter anything but to run away.

Ordinary state Governor chased you and you wan fight Tinubu?

Winning presidential election is expensive and it's for ruthless men like Wike, Tinubu

Dangote Petroleum Refinery recorded a ₦19.13 trillion ($13.91 billion) revenue in the first half of 2026, more than doubling from ₦8.64 trillion recorded in H1 2025.

The refinery also posted an after-tax profit of $1.82 billion, compared with a $476 million loss reported for the full year 2025. EBITDA stood at $2.60 billion, while gross profit rose to ₦3.43 trillion from ₦225.2 billion a year earlier.

The strong performance was attributed to more stable production, higher refinery throughput and increased sales of petrol, diesel and jet fuel, including performance testing at up to 700,000 barrels per day in June 2026.

The results come as Dangote Refinery prepares for its proposed initial public offering (IPO).

Do you want him to be injured he doesn't have enough security to contain the thugs backed by a state Governor.

Peter Obi acts as if he is in an ideal society when he knows he is in a Tinubu captured Nigeria. What do I mean, Tinubu said that all is fair in politics that includes thuggery and intimidation if you cant match them you can't win them.

If a mad man collects what belongs to you, you have to act mad to get it back immediately.

All these his Mr Nice man and avoiding prison n trouble will lead to another massive rigging against him.

I am waiting for sell offs to drag MTN to below 750 to buy more as Dangote refinery IPO hits NGX with bearish trend . TIP will also make sense at 20 or below.

Ngx will be heavily bearish between 14th September and 13th October. Bargain hunters better be prepared. It has even started today

You will see great stocks selling at great prices because of Dangote refinery IPO

MTN dividend landed safely 💪 starting my day with a big smile

TIP yet to pay my dividend

Structure your life such that credit alert comes in from several sources, the more the better

Dangote Refinery IPO: Nigerians Could Soon Own a Stake in Africa’s Energy Giant


Nigerians may soon have the opportunity to own a piece of the Dangote Refinery, with the proposed initial public offering reportedly priced at N525 per share. The offering is expected to comprise approximately 4.1 billion shares, with the transaction potentially raising about $1.5 billion. The order book is reportedly expected to open on September 14.

Beyond the size of the offering, the investment thesis is closely tied to the refinery’s ambitious expansion programme. Capacity is targeted to increase from 650,000 barrels per day to 1.4 million barrels per day, a scale that would position the facility as the world’s largest single-site refinery if achieved.

For investors, this is not simply an opportunity to buy into an operating refinery. It represents potential participation in an existing industrial platform while also gaining exposure to future capacity expansion, earnings growth and the broader value-creation cycle that could accompany increased utilisation and scale.

At the proposed offer price, investors would face the following indicative capital requirements:

- 100 shares: N52,500
- 1,000 shares: N525,000
- 10,000 shares: N5.25 million
- 100,000 shares: N52.5 million

However, one important detail remains outstanding as the promoter are yet to determine the minimum number of shares an individual investor will be permitted to subscribe for during the offer has yet to be confirmed. That threshold will be particularly important in determining how accessible the IPO is to retail and minority investors.

At N525, the more important question is not simply whether the shares are “cheap” or “expensive,” but what investors are effectively paying for today versus the potential earnings and intrinsic value the refinery could generate over the next five years and beyond.

The proposed entry price gives minority investors an opportunity to position themselves alongside the refinery's long-term expansion strategy. If the capacity expansion is executed successfully, production scales efficiently and profitability strengthens, the company could potentially create substantial additional shareholder value.

That, however, is an investment thesis, not a guaranteed outcome.

Investors will need to assess the refinery's valuation against projected cash flows, operating margins, financing requirements, expansion costs, crude supply dynamics, refined-product demand, regulatory conditions and the eventual dividend policy. The post-listing market price will also provide a crucial test of whether public-market investors agree with the IPO valuation.

The IPO presents investors with two broad strategies.

Participate at N525 means that investors would gain direct exposure at the offer price and potentially benefit from long-term value creation if the expansion programme delivers as projected.

For long-term investors, the central attraction is the possibility of owning a stake in an asset whose value could expand materially as capacity rises from 650,000 to 1.4 million barrels per day.

The real opportunity, therefore, may lie not in a short-term listing gain, but in whether today's N525 entry price represents an attractive valuation for the refinery's earnings and intrinsic value five years from now.

If the IPO achieves its reported size, it could mark a watershed moment for Nigeria's capital market, and potentially one of the country's most consequential opportunities for retail investors to participate directly in large-scale industrial value creation.

The question for investors is straightforward, would you buy the refinery at N525 today, or wait for the market to establish its price after listing?

Source - Gilbert Ayoola

I have read alot about Dangote refinery from those opposed to the IPO price of 525 who are mainly saying it's expensive and they won't buy because the price will likely fall after listing.

I always enjoy reading opposing analytical views because they help me see some blind spots so keep them coming.

Someone claim they are heavily indebted, os too large etc

Well prospectus will help us see all the details to decide what percentage of position is wise to take in this IPO 15%, 25%, 40% or 50%.

Dangote refinery is a super moat and there is no way any investor holding up to 3 to 5 years won't smile - my verdict.

WhizdomXX:
Please explain to us Sir. You say it will become extremely cheap as a moat and still a dream entry price that won't happen.

I mean the IPO price of today and the price it can go to in 3 to 5 years. Imagine buying IPO at 525 and in 3 years or less the price goes to 2500.

unite4real:
if this is how you measure valuation with a straight line, dem go job you in the stocks market easily.

Why did Aradel not go to N10,000 since Seplat is now selling intra day around N14,800.

You need to wait for the prospectus to be out. You will know the total number of outstanding shares. Do your due diligence with their reported financial reports and then take your decision after seeing their income statement, Balance sheet and cash flow.

It may shock you that the N525 is expensive

It's a fair valuation given the price of the private placement and in the medium to long term 3 to 5 years it will become extremely cheap and a dream entry price that won't ever happen again. A moat will always become cheap over time. I am talking as an investor not a trader.