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Nairaland Forum / Nairaland / General / Business / Dangote Is Selling Cement For 1,150 Naira In Zambia (66034 Views)
Sani Dangote Is Dead! Vice President, Dangote Group Dies / Dangote Is Selling Dangote Flour Mills For N130 Billion ($361.11 Million) / Why Aliko Dangote Is Bad For Nigeria - Feyi Fawehinmi (2) (3) (4)
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Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Pelxmiye(m): 7:32pm On Apr 07, 2021 |
Aconomist: My brother ,the thing tire me oooo 2 Likes |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by BluDesk: 8:26pm On Apr 07, 2021 |
Aconomist: Abeg protect your identity and stay anonymous o. Since thus thread gained popularity, the exact analysis we posted on this thread is being discussed heavily even among societal persons. I believe it's safe to say this thread had revealed to me that some top. Placed persons whose names I won't reveal are anonymously reading threads and following teeth for teeth In all we post, we should play safe plz. 2 Likes |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Aconomist: 8:34pm On Apr 07, 2021 |
BluDesk:Thanks for the information. |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by BluDesk: 8:41pm On Apr 07, 2021 |
Aconomist: |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by DedeNkem: 10:58pm On Apr 07, 2021 |
Dangote is the most corrupt crooked businessman in Nigeria! He's a northerner and can commit whatever crime he likes without facing the law! 5 Likes 1 Share |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by 9jaRealist: 4:49am On Apr 08, 2021 |
virago: Golden Penny and GOLDEN SUGAR are two DIFFERENT AND DISPARATE FMN subsidiaries... That you do not know that ELEMENTARY fact epitomizes your lack of knowledge on the subject matter. FACTS! Not feelings!! > |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Krismas(m): 4:54am On Apr 08, 2021 |
BluDesk:It seems to me, that u are attempting to jeopardize the profits of covert miners? Dont u know that solid minerals racketting is a multi-billion dollar business in Nigeria? Who told u that any mineral is laying fallow? |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by 9jaRealist: 4:57am On Apr 08, 2021 |
Aconomist: This “monkey” can recall the cancer drug Lomustine priced at over 1000% its cost of production.... Meanwhile your uncouth juvenile insults merely betray your lack of a substantive argument and a crude personal upbringing. SMH > 1 Like |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Krismas(m): 5:22am On Apr 08, 2021 |
Acidosis:On the contrary. Dangote cement is more expensive than the rest in my area. I make sure i find out the price of all the available brands, before going for the cheapest. Afterall, LIMESTONE IS LIMESTONE? Though it is rumoured, that Dangote cement is the least durable, loosing its binding strength significantly as time sets in.. And on the pack, its always PLUS MINUS 50KG! Meaning it could be more, or it could be less, depending on luck? Only recently, the company even ran a promo, SPELL D-A-NJ-G-O-T-E and be a millionaire. Do u know any winner? |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Krismas(m): 5:50am On Apr 08, 2021 |
9jaRealist:This aconomist fellow, has alleged that cement production in Nigeria is OFFICIALLY a quasi-monopoly! Production licence is highly restricted. Making me to suspect, shud any player in the industry attempt to cross Dangote, his licence may be summarily revoked |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Krismas(m): 6:18am On Apr 08, 2021 |
Aconomist:Dear bro. Welldone there for the post, It's Been eye opening.. Cool down with these MAI SASANCI. Thanx 2 Likes
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Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by virago(f): 9:10am On Apr 08, 2021 |
9jaRealist: Your lack of proof is now very evident , see how you have dodged every attempt to provide proof of your claim. Prove that Golden Sugar sold sugar before 2013 and prove that all I have said is wrong , you're just beating about the bush. You are just as empty as Buhari |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Aconomist: 3:50pm On Apr 08, 2021 |
9jaRealist:Lomustine is one product out of thousands developed by GlaxosmithKline. The whole business has an EBITDA margin of 23% after you factor in less profitable drugss, its cost of production and research, salaries, regulations etc. Here is the link to Glaxo's EBITDA margins: https://www.macrotrends.net/stocks/charts/GSK/glaxosmithkline/ebitda-margin Do you want to know why Nigeria is a zoo? Look in the mirror and see a monkey. I'll stop insulting you when you produce a reasonable argument. 3 Likes
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Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Aconomist: 4:58pm On Apr 08, 2021 |
Tycyborg:Forget Ghana. That's a corrupt monkey country just like Nigeria, and they don't even have limestone. Look at places like South Africa and India. Here is 50kg cement from India selling for 320 rupees or 1600 naira. We know Dangote can produce cement at this price because his profit margin tells us he is selling at more than double his cost of production. The Indian cement companies earn EBITDA margins of 10% of their selling price, while Dangote earns 60% in Nigeria. 2 Likes
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Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Aconomist: 5:03pm On Apr 08, 2021 |
Here is 50kg of cement selling for 258 rupees in India, which is 1,317 naira. If Nigerian companies refuse to sell at a reasonable price, let people import from outside the country. 1 Like
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Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Wizzzzmike: 5:42pm On Apr 08, 2021 |
Aconomist: Stupid like you.. do you know how many cement factories in Ghana... The competition in cement in Ghana is fvckin tight. 2 Likes |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Aconomist: 5:58pm On Apr 08, 2021 |
Wizzzzmike:Shut up. Ghana is even more monkeyish than Nigeria. You had ONE COMPANY, Ghacem, monopolizing the industry for 40 years. https://www.change.org/p/ghacem-stop-ghacem-s-one-company-cement-monopoly-in-ghana 3 Likes 1 Share |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by blaise26abj(m): 7:34pm On Apr 08, 2021 |
blaise26abj: |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Tycyborg(m): 11:14pm On Apr 08, 2021 |
[quote author=Aconomist post=100611408] Forget Ghana. That's a corrupt monkey country just like Nigeria, and they don't even have limestone. Look at places like South Africa and India. You have a point but you didn't look at the fact that lets use South African because I know very less about India... South African had a steady electricity compare to Nigeria that runs every production on generator... That factor alone may increase the hike... It's all business and if business is not making the average gain then the business will surely sink... Some factors we are not looking into is electricity, transportation system and the country's policy itself... We have greedy people in government who doesn't care about the masses... They will impose huge returns on companies without looking at the effect... During Jonathan period remember what virgin airways said... He said Nigeria is a dream killer and he was referring to the politicians... I don't know why some people see either Jonathan or buhari as a saint... They are all useless people 2 Likes |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Aconomist: 11:41pm On Apr 08, 2021 |
[quote author=Tycyborg post=100620765][/quote] oh shut up man. You don't understand the cement industry. All cement plants have their own powerplants and that makes their cost of production cheaper, not more expensive. Maybe you aren't smart enough to understand this. And I'm sick of explaining it to you idiots. |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Tycyborg(m): 11:54pm On Apr 08, 2021 |
Aconomist: You shut up because you don't even research before you type rubbish... Research. First... And the power plant is run by what? Cement... It shows how daft you are or you have little knowledge about business... Did you even read the news at all since 2016 till date concerning the problem and upgrade he is actually facing concerning the shortage of gas to power his plants and so on... It shows you know next to nothing... |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Aconomist: 12:17am On Apr 09, 2021 |
Tycyborg:Dangote Cement Nigeria has the highest profit margins of any cement company on earth by a factor of 3x higher than the second most profitable. His cost of production doesn't even matter at that point. Stop arguing blindly. His profit margin in Nigeria is 60% compared to less than 20% South Africa. 1 Like 1 Share |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Tycyborg(m): 12:40am On Apr 09, 2021 |
Aconomist: You are right on that and just like what I have said... Whose person's fault is that? You blame dangote for that but did you know how much the government collect from him for tax alone? and how he fund their election just to gain firends? In Nigeria we call it settlement...imagine you were to transport a bag of rice from Lagos to delta and you settle 100 police on your way, please wont you put an increment? Are you expecting him to lose? Everything still boil downs to all I said about the government... Aside the government things are upside down in the country so you expect him to lose? If he was wrong about the increment then why is government not saying anything about his increment? Look at how much we are paying for data to browse in this country... It all boils down to government... You tax us big with some settlement here and there we will increase our prices... Ask virgin airways during Jonathan's regimn or research it to know what he said... He didn't hide his mouth, he said it all and left the country including his business... |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Onuhgabriel(m): 1:06am On Apr 09, 2021 |
expliciit:Wouldn't you like his source of criminality? Idiot� |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by popizaino(m): 11:41am On Apr 09, 2021 |
BluDesk: Your kind is rare |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by BluDesk: 11:47am On Apr 09, 2021 |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Nobody: 4:05pm On Apr 09, 2021 |
Aconomist:Bro can we chat on some investment proposal? Tech specifically |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Wizzzzmike: 6:21pm On Apr 09, 2021 |
Aconomist:Lol illiteracy is indeed a disease. Zoogerian calling someone monkey..lol |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Aconomist: 9:30pm On Apr 09, 2021 |
Wizzzzmike:The whole economy of Ghana is smaller than lagos -- a city of 15 million. Useless Ghanaian coconut head. Why are you even here? Go worry about your own country. |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Wizzzzmike: 9:53am On Apr 10, 2021 |
Aconomist: Illiterate at its peak Lol...why did you mention Ghana, when Ghana has nothing to do with price of cement in zoogeria lol... Lagos economy is bigger than Ghana but yet they're more poverty in Lagos than he whole of Ghana... I see stupidity is friend huh? |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Aconomist: 3:44pm On Apr 10, 2021 |
Wizzzzmike:Most ghanians practice open defecation. Monkeys 1 Like 1 Share |
Re: Dangote Is Selling Cement For 1,150 Naira In Zambia by Wizzzzmike: 3:47pm On Apr 10, 2021 |
Aconomist: Lol but almost all zoogerians practice open defecation than Ghana lol... Illiterate pig lol |
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