₦airaland Forum

ositadima1:
Backward integration will take years and huge investment in land and produce, for now, importation of sugar is unavoidable.

ositadima1:
So, all the companies with negative equity due to currency devaluation, like MTNN, NESTLE and others, are now building refineries. The irony is that the refinery has nothing to do with it—they've been at a disadvantage since entering negative equity, compounded by poor efficiency.

ositadima1:
As i see d coded buying, i bought small to generate small cash for my weekly groceries.

Raider76:
Alhaji maybe the one with the genuine results. Me I am sceptical of all these "fantastic" results being released by most of these companies and banks. Smells like 2006.

Krisuba:
Ahhh. Janet has finally came!!

Ginalex:
The way I dusted my slippers today ehn, I'm glad I listened to the inner voice... Because this hopeville for DS matter don tire me... It's looking like the refinery halted the progress of all other Alhaji's businesses. It is well

Agbalowomeri:
You don abandon your 1M21B challenge?😂

pluto09:
Na when bear comes will go hear plenty story of how stock market is a scam.
Everybody is a pro now 🙂

Agbalowomeri:
You don abandon your 1M21B challenge?😂

Agbalowomeri:
You don abandon your 1M21B challenge?😂

sterlingD:
NASCON Q3 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/42550_NASCON_ALLIED_INDUSTRIES_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

designking:
Hope this is not as bad as the Dangote Sugar?

Locotrader:
I am looking forward for that 100k ASI breakout tomorrow and next week.

We may see 120k by year end.

For kobo stock lovers like me,go and line up for prestige,It is a 100% stock .

10% with full bid is certain this morning.

I am also expecting 15 stocks to be on full bid today.

Xmas here we come

sterlingD:
NASCON Q3 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/42550_NASCON_ALLIED_INDUSTRIES_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

ositadima1:
I analyzed DS on several occasions, foreseeing challenges that others did not seem to take seriously. I demonstrated why backward integration would be difficult and time-consuming (long term strategy, and will take years and conciderable investments) , and I highlighted the significant issue of negative equity, especially in the context of high interest rates. I also compared DS with BUA Foods to underscore its inefficiencies. Additionally, I explained why owning businesses within the same group does not guarantee they can support each other effectively.

Similarly, I pointed out MTNN's negative equity issue to mcy56, noting how problematic this is in the current economic climate. I presented facts, but some people preferred to ignore them, focusing on emotions rather than evidence. The posts are here, as are the criticisms of them.

Mpeace:
Not all negetives for mtn. They actually returned to profit in q3.

KarlTom:
The market didn't respond to yesterday's fantastic results.

Let's see what happens today...

Mpeace:
Not all negetives for mtn. They actually returned to profit in q3.

Locotrader:
Results are too good for market to ignore.
I expect ASI to close higher today.

Mpeace:
Not all negatives for mtn. They actually returned to profit in q3.

Agbalowomeri:
Locodemus

OakPearl:
The thing with this market is that after all said and done, Mr Market will just come and do what “he” likes and then it will appear as though some companies did so well and are not appreciating in price, while some that didn’t do well are getting attention.
Happens all the time.

Zegra:
Lol
Dangote sugar is inching up

OakPearl:
The thing with this market is that after all said and done, Mr Market will just come and do what “he” likes and then it will appear as though some companies did so well and are not appreciating in price, while some that didn’t do well are getting attention.
Happens all the time.