₦airaland Forum

Agbalowomeri:
Now they have to explain where $100M waka go

The guy dey really choke dem for throat

PUNCH Lite
Group sues Lagos for $100m Dangote refinery land deal

https://punchng.com/group-sues-lagos-for-100m-dangote-refinery-land-deal/#google_vignette

megawealth01:
PUNCH Lite
Group sues Lagos for $100m Dangote refinery land deal

https://punchng.com/group-sues-lagos-for-100m-dangote-refinery-land-deal/#google_vignette

Government being dragged like generator wotowoto

Dangote Refinery plans sea transport for 75% of local supply, targeting Warri, Port Harcourt, and Calabar

https://nairametrics.com/2024/09/16/dangote-refinery-plans-sea-transport-for-75-of-local-supply-targeting-warri-port-harcourt-and-calabar/

megawealth01:
Dangote Refinery plans sea transport for 75% of local supply, targeting Warri, Port Harcourt, and Calabar

https://nairametrics.com/2024/09/16/dangote-refinery-plans-sea-transport-for-75-of-local-supply-targeting-warri-port-harcourt-and-calabar/

Life of an entrepreneur in Nigeria

OakPearl:
Whenever you hear Dangote Sugar, stop thinking of cubes of sugar. Remember you are talking about a refinery!

That is what most people here don't know. Dangote does business of scale and the singular reason the cement, sugar and salt businesses slowed was because Dangote Refinery.

designking:
That is what most people here don't know. Dangote does business of scale and the singular reason the cement, sugar and salt businesses slowed was because Dangote Refinery.

Not necessarily the truth

NNPC Releases Another Estimated Petrol Price Breakdown 

https://punchng.com/nnpc-releases-another-estimated-petrol-price-breakdown/

Agbalowomeri:
Abeg make he continue to provoke

We are getting there gradually

Very important

megawealth01:
NNPC Releases Another Estimated Petrol Price Breakdown 

https://punchng.com/nnpc-releases-another-estimated-petrol-price-breakdown/

Make shame catch nnpc small na

Agbalowomeri:
Na only cube of sugar my brain fit reason abeg

I no surprise oh, na you gather modules of garri the last time.
Abi no be garri dem dey use follow soak with the cubes of sugar?

OakPearl:

I no surprise oh, na you gather modules of garri the last time.
Abi no be garri dem dey use follow soak with the cubes of sugar?

Chai this man wicked o

IYGEAL:
Very important

Na themselves fit fight themselves to release Nigeria from their clutch

Agbalowomeri:
Na themselves fit fight themselves to release Nigeria from their clutch

AMEN

Whatever will free helpless Nigerians is welcomed

The economy must experience freedom

designking:
That is what most people here don't know. Dangote does business of scale and the singular reason the cement, sugar and salt businesses slowed was because Dangote Refinery.

No doubt about him doing business of scale, but I don’t think it’s the refinery that slowed the other businesses down.
He is organized enough to multitask his vision for the group. For cement, I think it will take some time for us to see what Otedola saw and racked up the much he invested that ballooned the price from around N300 to N700+ between last quarter of 2023 and February 2024.
Upscaling vision for Sugar and Nascon businesses (Dangfoods) slowed because of the hitches with SEC on the merger approval. That in itself is now only a delay that will soon be done with as I hear there’s enough reason to include rice in the deal. They are dotting the i’s and crossing the t’s.
I won’t be surprised if supplies for both stocks begin to wane.

Agbalowomeri:
Chai this man wicked o

No worry.
We will not forget your impact both on and off the field.

DANGOTE SUGAR REFINERY PLC: Losses may subsist due to FX pressures

https://research.cardinalstone.com/storage/ResearchReports/CardinalStone%20Research%20-%20Company%20Update%20-%20Dangote%20Sugar%20Refinery%20Plc%20-Losses%20may%20subsist%20due%20to%20FX%20pressures%20-%2022%20August%202024.pdf

Courtesy: CardinalStone

4willer:
DANGOTE SUGAR REFINERY PLC: Losses may subsist due to FX pressures

https://research.cardinalstone.com/storage/ResearchReports/CardinalStone%20Research%20-%20Company%20Update%20-%20Dangote%20Sugar%20Refinery%20Plc%20-Losses%20may%20subsist%20due%20to%20FX%20pressures%20-%2022%20August%202024.pdf

Courtesy: CardinalStone

The possibility of NS/DS to continue going south is still viable until a major development happen for them...

Bargain hunters be prepared for a kill

We go dey load am at every giving opportunity

It Makes No Sense For NNPC To Sell Dangote Petrol Higher Than Imported One-IPMAN 

https://www.channelstv.com/2024/09/16/it-doesnt-make-sense-for-nnpcl-to-sell-dangote-petrol-higher-than-imported-ones-ipman/

megawealth01:
The possibility of NS/DS to continue going south is still viable until a major development happen for them...

Bargain hunters be prepared for a kill

We go dey load am at every giving opportunity

If you ask me, that’s my plan too.
To load up more at any further dip despite my initial entry price for Sugar at N9.

OakPearl:
No doubt about him doing business of scale, but I don’t think it’s the refinery that slowed the other businesses down.
He is organized enough to multitask his vision for the group. For cement, I think it will take some time for us to see what Otedola saw and racked up the much he invested that ballooned the price from around N300 to N700+ between last quarter of 2023 and February 2024.
Upscaling vision for Sugar and Nascon businesses (Dangfoods) slowed because of the hitches with SEC on the merger approval. That in itself is now only a delay that will soon be done with as I hear there’s enough reason to include rice in the deal. They are dotting the i’s and crossing the t’s.
I won’t be surprised if supplies for both stocks begin to wane.

I strongly believe there is something about to happen to Dang Sugar and Nascon, hence I have been stocking up both stocks whenever I have spare funds.

OakPearl:
If you ask me, that’s my plan too.
To load up more at any further dip despite my initial entry price for Sugar at N9.

Wow. We almost same entry. But BE has increased because of my last purchase

megawealth01:
The possibility of NS/DS to continue going south is still viable until a major development happen for them...
Bargain hunters be prepared for a kill
We go dey load am at every giving opportunity

@megawealth01 is one of my favorite person on this thread... I made some real cash from his picks and cautions.

Abeg should I sell my FirstBank stocks now? I have already made almost 40% on the recent rally. I can't seem to find why FBNH has been rallying and I doubt if the recent price can be sustained.

designking:
@megawealth01 is one of my favorite person on this thread... I made some real cash from his picks and cautions.

Abeg should I sell my FirstBank stocks now? I have already made almost 40% on the recent rally. I can't seem to find why FBNH has been rallying and I doubt if the recent price can be sustained.

My view: any shares that you have now, keep till January

megawealth01:
Life of an entrepreneur in Nigeria

My brother, in other climes the gov't supports you through many means - 0% credit, tax holidays, etc.
In naija they try to destroy you and your business if you refuse to add, "something" for those in gov't.

designking:
@megawealth01 is one of my favorite person on this thread... I made some real cash from his picks and cautions.

Abeg should I sell my FirstBank stocks now? I have already made almost 40% on the recent rally. I can't seem to find why FBNH has been rallying and I doubt if the recent price can be sustained.

The powers fighting for the soul of First Bank is responsible for the price rise. Two of the chief characters are Femi Otedola and Oba Otudeko. Currently based on performance, they are not near UBA. Imagine them paying a dividend of 40 kobo and delaying it up till September when their peers have already paid final dividend in May and about to pay interim this month. As long as current value is concerned, UBA should be selling for around N30 ahead of FBNH but indeed the market obeys money so money is chasing firstbank irrespective of their fundamentals that’s why.
This fact is not meant to be viewed as an attack on First Bank which myself was once a staff of.
Simply unemotional post, because in this market, separate emotions and be at peace.

Have anyone asked themselves the possibility of PBAT (as Minister of Petroleum) vetoeing the payment of subsidy to Alhaji?

Likewise we need to ask ourselves whether we expected the 'cabals' to let go of the their food basket without a fierce fight?

This drama is na unending one.
As for me and my family, we are well seated

Some things are as clear as transparency in Nigerian governance...

Abeg make the 'fight' continue till ₦40.

I want to check something...

OakPearl:
The powers fighting for the soul of First Bank is responsible for the price rise. Two of the chief characters are Femi Otedola and Oba Otudeko. Currently based on performance, they are not near UBA. Imagine them paying a dividend of 40 kobo and delaying it up till September when their peers have already paid final dividend in May and about to pay interim this month. As long as current value is concerned, UBA should be selling for around N30 ahead of FBNH but indeed the market obeys money so money is chasing firstbank irrespective of their fundamentals that’s why.
This fact is not meant to be viewed as an attack on First Bank which myself was once a staff of.
Simply unemotional post, because in this market, separate emotions and be at peace.

megawealth01:
Between NNPCL and Alhaji Refinery who is Lai Mohammed and who is Ajuri Ngalale?

Lol..
You really dey catch cruise with these Heavy-weights

Agbalowomeri:
Na only cube of sugar my brain fit reason abeg

lol. You're not alone..

Bagwa:
https://hallmarknews.com/oando-abandons-loss-making-down-stream-for-upstream-operations/?amp=1

OANDO shot themselves in the leg while trying to MEDIA HYPE.
They should just improve on the financials instead of all these unnecessary media dramas