₦airaland Forum

Agbalowomeri:
How we no go mention your name

yMcy56:
Needs to update myself on the Tantalizer info and shareholding structure self...

Think the total OS is 5bn, GTL picked 1bn now.....
Will try and check other metrics as well.

Yemy3m:
eterna is after .board meeting.

Krisuba:
Abeg did that college Abdul with plenty book head die in the aacident??

Yemy3m:
get ready. important news out .soon.

KarlTom:
The tasere 1.3billion we are sharing has been decimated

I want to believe that the owners are stylishly buying back their shares.
Possibly planning for a delisting or total buyout...

Krisuba:
Abeg did that college Abdul with plenty book head die in the aacident?? Undead. Abeg tell us oo

KarlTom:
On a more serious note, ETERNA has been playing around ₦30, ₦27, now it's currently at ₦24.70

Any sort of good news will definitely come as a much needed reprieve...

Raider76:
What good news? Was it not the news of Eterna being approved as dealer for Dangote refinery that caused the rally in the first place? Now that anyone can go and buy from the refinery it should go back to its #13.

essentialone:
You are a Real Tomb Raider. hahahhaha N13 position From Thirty to Thirteen. Lol

KarlTom:
On a more serious note, ETERNA has been playing around ₦30, ₦27, now it's currently at ₦24.70

Any sort of good news will definitely come as a much needed reprieve...

Locotrader:
There is still hope for IB but long term.
Both champion and Golden Guinea in better position to do #10 and above before IB

Zegra:
ELLAHLAKES | ELLAH LAKES PLC on full offer.

ogoo4real:
Please when is the qualifications/marked down date for Uba interim dividend

megawealth01:
Our refinery was built without any government incentive – Dangote 

https://nairametrics.com/2024/10/08/our-refinery-was-built-without-any-government-incentive-dangote/

Sunrisepebble:
I think people are overly optimistic about Eterna. Given that the downstream sector is a low-margin business , any success there heavily depends on who can save cost the best and who has the largest network to reach end users and take advantage of higher prices. Total is by far the best company in that sector. For context, they have over 500 retail stations nationwide, whereas Eterna only has 60. Btw, I bought at 20.7 and more units at 21, but sold at 30 after a 40% gain. I personally don’t see much in it. Just my opinion

Ginalex:
October 14th I think

megawealth01:
Our refinery was built without any government incentive – Dangote 

https://nairametrics.com/2024/10/08/our-refinery-was-built-without-any-government-incentive-dangote/

rmx:
https://nairametrics.com/2024/10/09/again-nnpc-raises-petrol-price-in-lagos-abuja/

Petrol prices have gone up today again , yet crude supply is now in naira , game wey clear since

pluto09:
Oil is benchmarked in dollars.
Any arrangements that will bring down the price of petrol when price is still high at international market and the naira keeps losing value will involve subsidy

rmx:
Said all this before, read my past comments , the determinants are oil price and exchange rate , exchange rate even more , oil price is at not at highest this year , check the charts . The point is people expecting prices to come down by dangote were living in hopeville , should be very clear to them by now

olig:
If Alhaji Aliko Dangote run his companies the way some Nigerians want him to run it, all the companies will collapse in less than three years. People always forget that he technically does not own these companies 100%. He is responsible for whatever happens to investors money.

Instead of us to owe our wicked government accountable, we shout Dangote here and there. I am sure many clueless people will blame him to today's hike in pump price now. No business gets free money, only government does.

Whenever the government mention that they generated xxxx in xxxx month, people should endeavour to ask how much Dangote's subsidiaries/companies paid out of that amount.

Government technically want the prices of his products to be high, so that he can make more profits and pay more taxes in return.

We should probably find out/calculate how much tax is paid on a bag of cement. I am not sure he enjoys any tax relief from his new refinery also.

As someone mentioned above, and I have said it several on another platforms, either naira for crude or whatever we call it, DR is not getting crude for free nor is government giving DR at discounted price. Then, what magic do we expect DR to perform? We should just pray and hope (as usual) that the crises in middle east end soon. Otherwise, I wonder what we are going to say and how we will live, if crude price get to 100 dollars, and above.

rmx:
Said all this before, read my past comments , the determinants are oil price and exchange rate , exchange rate even more , oil price is at not at highest this year , check the charts . The point is people expecting prices to come down by dangote were living in hopeville , should be very clear to them by now

Agbalowomeri:
The argument is to allow free market. With good competition, price can trend downwards if international crude prices crash

Agbalowomeri:
The argument is to allow free market. With good competition, price can trend downwards if international crude prices crash

ositadima1:
Give it time; the price will come down as the exchange rate drops, Shebi one analyst said that 1,000 naira per dollar is the the sweet spot , Also, the pressure on dollar reserves will ease, and hopefully, crude production will increase to offset the dollar lost by selling part of it in naira. I believe in the next six months to a year, we will see the naira appreciate.

ositadima1:
Give it time; the price will come down as the exchange rate drops, Shebi one analyst said that 1,000 naira per dollar is the the sweet spot , Also, the pressure on dollar reserves will ease, and hopefully, crude production will increase to offset the dollar lost by selling part of it in naira. I believe in the next six months to a year, we will see the naira appreciate.