₦airaland Forum

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

And Dangote Sugar is no more getting subsidized forex yanfu yanfu for raw sugar importation. Now he has to face the reality of limited forex earning state of the nation.

Does BUA produce raw sugar?
BUA Group produces raw sugar in Nigeria1
. They have two sugar plantations located in Lafiagi, Kwara State, and Bassa, Kogi State1
. Additionally, BUA operates two sugar refineries in Apapa, Lagos State, and Port Harcourt, Rivers State1
. These facilities process raw sugar and refine it into high-quality products for various industries1

Zagee:
Your fine prints are not even helping matters either.😂
This is unbelievably long.

With this battered naira, he'd have to rely on fx from that refinery. He just has to find that pipeline of fx.

Technically, we're importing sugar
Cost will remain high even to final consumers.

Looks like it's Dangote importing raw sugar at the moment, while BUA is producing raw sugar locally in Nigeria.

BabsO2:
Looks like it's Dangote importing raw sugar at the moment, while BUA is producing raw sugar locally in Nigeria.

😳

Hmmm prestige

KarlTom:
It's an acronym for Nigerian Stock Exchange Market Pick Alerts

.

BabsO2:
Looks like it's Dangote importing raw sugar at the moment, while BUA is producing raw sugar locally in Nigeria.

They bought out the shareholders of a sugar plantation in Adamawa state that has existed for a long time. Not sure they're importing 100%

debeey87:
They bought out the shareholders of a sugar plantation in Adamawa state that has existed for a long time. Not sure they're importing 100%

I read that online. The question now is when will Dangote Sugar stop importing the raw sugar we can produce locally and source 100% locally and stop the forex waste/losses. It's timing will indicate when a turnaround will be witnessed. Insiders or those in the know will benefit from MH on the information.

@Streetinvestor2
Your company result don land o.....na only one page 😁
Maybe it's mistake or that's how they report theirs..

https://doclib.ngxgroup.com/Financial_NewsDocs/42551_AVA_INFRASTRUCTURE_FUND-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

Oga Currentprice , abeg help us check your bedsheet for the fair price of VFDGROUP based on current released result.....

Also,.UACN Q3 is out, what's the update on this as well as the fair price based on the numbers?

Thanks sir.

Agbalowomeri:
This one wey you appear with Janet, should we run?😂

Just referring to sugar. It has thrown me up three times and I sat still now it has entered Janet stage!!

Aradel has refused to dip further. I was hoping it will dip to around ₦450 today given the beating it took yesterday.

Krisuba:
Just referring to sugar. It has thrown me up three times and I sat still now it has entered Janet stage!!

It's well.
DS really dealt with many people and it was the stalled merger that caused it, but I Blvd there'll always be a way out.

From market reaction so far, it's looking like the loss has been priced in, because one would have expected it to resume on full offer but it still have around 1m bids for now......
Hopefully, the aggressive dumpers wey dey vex won't come and drag the price down below current market price......

designking:
Aradel has refused to dip further. I was hoping it will dip to around ₦450 today given the beating it took yesterday.

No price change yet so #450 can't be possible today.

As at now, market is generally trading sideways for both the battered and the good ones.....
This is what we called "Market having a mind of its own" 😊

They both import sugar. Just not sure of the % quota...

BabsO2:
Looks like it's Dangote importing raw sugar at the moment, while BUA is producing raw sugar locally in Nigeria.

yMcy56:
It's well.
DS really dealt with many people and it was the stalled merger that caused it, but I Blvd there'll always be a way out.

From market reaction so far, it's looking like the loss has been priced in, because one would have expected it to resume on full offer but it still have around 1m bids for now......
Hopefully, the aggressive dumpers wey dey vex won't come and drag the price down below current market price......

They should please drag it very down joor

We value investors go reason more at a new bargain junction

megawealth01:
They should please drag it very down joor

We value investors go reason more at a new bargain junction

🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣🤣

Me sef I just dey laugh the result...

yMcy56:
@Streetinvestor2
Your company result don land o.....na only one page 😁
Maybe it's mistake or that's how they report theirs..

https://doclib.ngxgroup.com/Financial_NewsDocs/42551_AVA_INFRASTRUCTURE_FUND-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

ARADEL
Officially @495.10.......even with the N8 interim dividend....
Anyone planning to load or average down should just watch the movement first.....

JB Q3
https://doclib.ngxgroup.com/Financial_NewsDocs/42555_JULIUS_BERGER_NIGERIA_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

ARADEL don dey go ghetto?

Those using stanbic Ibtc broker to trade,can you trade on their app.

No way here.
I was told of system upgrade which has lasted for over 3 days now.

Cardinal stone is looking like the best of all these digital platforms from observations

Cititrader I am also watching them with their platform.They need to embrace full digital platform

designking:
Aradel has refused to dip further. I was hoping it will dip to around ₦450 today given the beating it took yesterday.

Bros it already dipped by 10% today Na, that's how far it can go daily. Wait till tomorrow

MTN charts path back to profit, declares N4bn for Q3

https://businessday.ng/technology/article/mtn-charts-path-back-to-profit-declares-n4bn-for-q3/#google_vignette

MTN Q3 report is the inflexion point for profitability amidst the currency loss storm

ojeysky:
Bros it already dipped by 10% today Na, that's how far it can go daily. Wait till tomorrow

Blood dey hot

yMcy56:
ARADEL
Officially @495.10.......even with the N8 interim dividend....
Anyone planning to load or average down should just watch the movement first.....

JB Q3
https://doclib.ngxgroup.com/Financial_NewsDocs/42555_JULIUS_BERGER_NIGERIA_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

JB operating cost eating up almost all revenue.

Guinea insurance is another stock for insurance lovers and kobo stock lovers to watch.It will outperform the market soon

yMcy56:
ARADEL
Officially @495.10.......even with the N8 interim dividend....
Anyone planning to load or average down should just watch the movement first.....

JB Q3
https://doclib.ngxgroup.com/Financial_NewsDocs/42555_JULIUS_BERGER_NIGERIA_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

Yes oooo. It looks it can dip further down. It is better to wait until it bottoms

All these people rushing to sell will soon rush back at higher cost

Access Hong Kong branch for the Asian market

68m+ offers for UBA

JIJO?

gods of Bargain Hunters, abeg let Aradel close at 495.10 today and go full offer again tomorrow @445.60 so we can finally buy into this wonderful company🤲🏽.