₦airaland Forum

Streetinvestor2:
For now na dogoyaro Farm till we begin see palm oil from the farm
This your bargain price na till infinity. It was close to #4 before and it was bargain price. You for wait till it get to #2 so that you buy majority stake at bargain price...lol

Badt somebory spotted.

Streetinvestor2:
You should ask yourself if they are truly cocoa company on ground or just . cocoa company on paper .Na so persons dey answer gold here but na sand he dey sell.Many cooperate scarmer dey this nse.

Haha......that cracked me up big time.
Fake it till you make it. Na so neighbours go dey call lab attendant "doctor" or mechanic "engineer". Feel good!

They are truly a cocoa company but have been the doldrums for years. Same way Naija (particularly because of the SW) is a cocoa country on ground and not just on paper but we all know the story.

For JapaulSand, since they acquired real Gold companies with mining licences that should justify their name change to JapaulGold?

megawealth01:
I have a huge stake in ELLAHLAKES

I am still learning, but the shares outstanding in comparison to the free float, does that not call for concerns?

Hogwarthtrades:
This site is really chill, reminds one of finviz. Is there more coming in terms of features like charts, scanners and current trade placements,etc free vs premium options?
I will keep an eye out. Viva Nigeria !

Reminds me of "MarketWatch". They had stocks visually represented in squares that would glow red or green as the market data changes. It was cool back in the days.

@Toyeoye Passionate, driven, responsive, innovative ......... Way to go! Good on ya bruh!

@Megawealth01 Your bargain entry price for Aradel must have been a wickdt one. You no rate Aradel be that. I think it's safe to buy below N500. We can almost say every Aradel employee don buy finish at those levels. Yawa go gas for office if Aradel no deliver. Their MD go hear ween. Jokes!!!

Omooloriredade:
Reminds me of "MarketWatch". They had stocks visually represented in squares that would glow red or green as the market data changes. It was cool back in the days.

@Toyeoye Passionate, driven, responsive, innovative ......... Way to go! Good on ya bruh!

@Megawealth01 Your bargain entry price for Aradel must have been a wickdt one. You no rate Aradel be that. I think it's safe to buy below N500. We can almost say every Aradel employee don buy finish at those levels. Yawa go gas for office if Aradel no deliver. Their MD go here ween. Jokes!!!

You know... Any stock I'm buying for long term is usually gotten at a wickedtt price

Omooloriredade:
Reminds me of "MarketWatch". They had stocks visually represented in squares that would glow red or green as the market data changes. It was cool back in the days.

@Toyeoye Passionate, driven, responsive, innovative ......... Way to go! Good on ya bruh!

@Megawealth01 Your bargain entry price for Aradel must have been a wickdt one. You no rate Aradel be that. I think it's safe to buy below N500. We can almost say every Aradel employee don buy finish at those levels. Yawa go gas for office if Aradel no deliver. Their MD go here ween. Jokes!!!

I still wish it goes back to below 470 so I can add more.

Streetinvestor2:
Did you even read the article.It Is not everything that is politics. The good news is cocoa farmers are making good money based on many factors mentioned in the article just like the guys in palmoil too.The naira devaluation is a gain to some businesses like we saw in banks.The main gain came from price surge in cocoa at the international market in dollars

Okay

Streetinvestor2:
Betnaija stock fit do full bid today with the way I am seeing it.The bid is increasing

#BetOnOando
Specially for you.

https://www.cnbcafrica.com/media/6364224464112/oanda-ceo-on-building-energy-infrastructure-in-africa-/

Choiceguy:
@ Babs02 kindly share the site where you downloaded mkt activity history of Oando. Also Toyeoye it will be nice to have this type of search platform.

Click on market watch if you have investment-one brokerage account. This leads you to a site where you can watch the market in 3D like a broker.

I think anyone interested without a brokerage account linked to it can also subscribe and pay for the service of infoware limited directly on https://svcs.infowarelimited.com/IMDT/

Omooloriredade:
#BetOnOando
Specially for you.

https://www.cnbcafrica.com/media/6364224464112/oanda-ceo-on-building-energy-infrastructure-in-africa-/

This for all of us abegi. Nice interview with Wale. Make him just grow Oando to beat Seplat for us

Wale go finish the media with news this weekend. The full bid Oando go face will most likely come from Trump and BTC?

Toluway:
https://nairametrics.com/2024/12/13/dangote-sugars-debt-fx-and-losses-what-is-the-way-out/

Remember this post"

ositadima1:
Description of Biological Assets (Note 17 of 2023 Financial Reports)

Biological assets consist of growing cane, which is expected to be harvested as agricultural produce for sugar production. These assets have been measured at fair value less the cost to sell. As of December 31, 2023, the group has a total of 8,283 hectares of growing cane (2022: 8,092 hectares).

Yield Estimation and Sugar Production Potential

The yield of sugarcane varies significantly based on factors like soil quality, climate, and farming practices. We can make a rough estimate using the following assumptions:

Average yield: Approximately 60-100 tons of sugarcane per hectare per year
Given area: 8,283 hectares
Conservative estimate: 70 tons per hectare

This results in:

8,283 hectares times 70 tons/hectare = 579,810 tons of sugarcane per year

The amount of sugar produced from sugarcane also varies, but on average:

1 ton of sugarcane yields about 100-110 kg of sugar

From our estimated yield:

579,810 tons times 100 kg/ton = 57,981,000 kg or about 58,000 tons of sugar

Future Independence Projection

Achieving full independence in sugar production will take much more than four years. The Dangote Refinery has an installed capacity of 1.44 million tonnes per year, would require about 24 times its current (8,283 hectares) size.

Based on the balance sheet, the value of the biological assets increased from 6.9 billion to 14.4 billion while the land area increased from 8,092 hectares to 8,283 hectares. Acquiring an additional 191 hectares likely cost around 7.5 billion, indicating that acquiring sufficient land to meet the refinery's capacity would require approximately 7 trillion naira (or 336 billion, ok i am getting conflicting numbers and i am sleepy too ).

In conclusion, substantial investment and expansion are needed to achieve the desired production capacity.


Note that I used help of Claude to make this assumptions.

They had about 8,000 hectares at the time. Did you notice they’re shifting the timeline from 4 years to 6 years now? I still think it will take even longer. With their current negative equity and unsecured loans at nearly 30% interest for working capital, acquiring enough land to reach 150,000 hectares will be extremely challenging. Incidentally, my calculations were quite close—I estimated they’d need 24 times the existing 8,000 hectares to achieve full independence. It’s going to be a long and tortuous journey for DangSugar. Good for Jijo, but it may not be the best choice for a long-term investment. Perhaps the merger, if it happens, could add some excitement for Jijo enthusiasts.

ositadima1:
Take a look at the snapshot I quickly put together. There may be errors as I was rushing to finish before watching the new episode of Silo. You’ll notice that while debt is increasing, equity is growing at a faster rate. The debt-to-equity ratio remains well below 100%, and for 2024, the 70% figure represents the first six months. I’m positive that it will be lower by year-end. The blue cell in the corner is where I doubled the equity value to annualize the six-month data. Everything else should be self-explanatory.

The most recent results for the company is q3 2024 and I think it would have been better if you had used the 9 months result for your computation.
The net profit for 9 months is less than 300b.

Omooloriredade:
#BetOnOando
Specially for you.

https://www.cnbcafrica.com/media/6364224464112/oanda-ceo-on-building-energy-infrastructure-in-africa-/

ok..Nice insight from the Maradona himself
I will give him benefit of doubt. I will move my bet to long term and see how it plays out.He is a man with great ambition which I like to see in men.If he hits 100,000 barrels soon in few yrs na hammer be dat.
Betnaija stock activated to long term in my portfolio. Will look for cash from somewhere else to now put in presco and transcorp plc .As wapco is now on hold

BabsO2:
This for all of us abegi. Nice interview with Wale. Make him just grow Oando to beat Seplat for us

I struggle to see how Wale will fail to turn Oando at this juncture. He has the wind at his back.

Stumbled on a report that an extra 300MW is now ready to hit the grid from Okpai phase 2 leaving just 150MW till Q3 2025.

A back of the envelope calculation of Power companies using only one metric - market capitalisation.

Let's look at the Market valuation of listed Power companies on the NGX.

Geregu > OS x SP = 2,500,000,000 x 1150 = N2,875,000,000,000
Geregu Name plate capacity = 435MW
Otedola factor and free float influenced valuation so grossly unreliable.

Transcorp Power > 7,500,000,000 x N360 = N2,700,000,000,000
Transcorp Power Name plate capacity = 2000MW (approx)
1MW = N2,700,000,000,000 / 2000MW = N1,350,000,000

Asssuming we can rely on this figure as an industry metric;
Okpai IPP (1 & 2) Name plate capacity = 1000MW (approx)
Okpai IPP (1 & 2) market valuation = N1,350,000,000 per MW x 1,000 MW = N1,350,000,000,000
Oando's share = 40% of N1,350,000,000,000 = N540,000,000,000

Since the FG has been keen to privatise power plants lately, I say Wale should whisper in Uncle's ear that he wants to buy the FG's share in the JV. Take bank loan and buy up the remaining 60% (FG will sell cheap ) , transfer to existing shareholders and list Oando power (Okpai IPP 1& 2) on the NGX.

OR

After buying up FG's stake, list on the NGX, either do a share sale to the public or a PP to strategic investors (instant profit) and pay down some of the outstanding bank loans.

Oando's situation is unique in the sense that, not only does it Oando a stake in the IPP, it also supplies gas to the IPP as part of the JV.

Disclaimer - Na just speculation levels o. Options suppose dey sha. A lot of irons in the fire. Wale say make we #BetOnOando

Seplat will revive hundreds of Exxon’s idle oil wells: So why is Nigeria’s stalling IOC divestment?

https://businessday.ng/news/article/seplat-will-revive-hundreds-of-exxons-idle-oil-wells-so-why-is-nigerias-stalling-ioc-divestment/?amp&_gl=1*12sbre7*_ga*Nm1WSVkwOWdYUjZJRHNQTzVFdDV1TEJnQmwyRE5VNGprVE1NVVhlaVJzT0g3ZlBNOWozWjRNREpNOUN2bFBFQQ..

pluto09:
The most recent results for the company is q3 2024 and I think it would have been better if you had used the 9 months result for your computation.
The net profit for 9 months is less than 300b.

I don’t understand what you’re trying to prove here. Yes, the 9-month revenue is less than ₦300 billion, but it was still higher than the 9-month revenue in 2023, which ended up closing the year at ₦455 billion. Revenue and costs fluctuate throughout the year; sometimes, costs are more concentrated during specific periods, and the same can happen with revenue. In my opinion, a 6-month period provides a better representation, second only to a full-year analysis.

ositadima1:
I don’t understand what you’re trying to prove here. Yes, the 9-month revenue is less than ₦300 billion, but it was still higher than the 9-month revenue in 2023, which ended up closing the year at ₦455 billion. Revenue and costs fluctuate throughout the year; sometimes, costs are more concentrated during specific periods, and the same can happen with revenue. In my opinion, a 6-month period provides a better representation, second only to a full-year analysis.

Not trying to prove anything, make you no vex

pluto09:
Not trying to prove anything, make you no vex

Lol, I was about to pull out my Winchester Double Barrel—but we’re all good people here.

Omooloriredade:
I struggle to see how Wale will fail to turn Oando at this juncture. He has the wind at his back.

Stumbled on a report that an extra 300MW is now ready to hit the grid from Okpai phase 2 leaving just 150MW till Q3 2025.

A back of the envelope calculation of Power companies using only one metric - market capitalisation.

Let's look at the Market valuation of listed Power companies on the NGX.

Geregu > OS x SP = 2,500,000,000 x 1150 = N2,875,000,000,000
Geregu Name plate capacity = 435MW
Otedola factor and free float influenced valuation so grossly unreliable.

Transcorp Power > 7,500,000,000 x N360 = N2,700,000,000,000
Transcorp Power Name plate capacity = 2000MW (approx)
1MW = N2,700,000,000,000 / 2000MW = N1,350,000,000

Asssuming we can rely on this figure as an industry metric;
Okpai IPP (1 & 2) Name plate capacity = 1000MW (approx)
Okpai IPP (1 & 2) market valuation = N1,350,000,000 per MW x 1,000 MW = N1,350,000,000,000
Oando's share = 40% of N1,350,000,000,000 = N540,000,000,000

Since the FG has been keen to privatise power plants lately, I say Wale should whisper in Uncle's ear that he wants to buy the FG's share in the JV. Take bank loan and buy up the remaining 60% (FG will sell cheap ) , transfer to existing shareholders and list Oando power (Okpai IPP 1& 2) on the NGX.

OR

After buying up FG's stake, list on the NGX, either do a share sale to the public or a PP to strategic investors (instant profit) and pay down some of the outstanding bank loans.

Oando's situation is unique in the sense that, not only does it Oando a stake in the IPP, it also supplies gas to the IPP as part of the JV.

Disclaimer - Na just speculation levels o. Options suppose dey sha. A lot of irons in the fire. Wale say make we #BetOnOando

I have been buying up the dips on Oando... I don't see how Oando can stay under ₦100 for long. Oando is at least a ₦180 stock.

I am Betting on Oando

designking:
I have been buying up the dips on Oando... I don't see how Oando can stay under ₦100 for long. Oando is at least a ₦180 stock.

I am Betting on Oando

Na Wale me I dey follow him body language

Omooloriredade:
I struggle to see how Wale will fail to turn Oando at this juncture. He has the wind at his back.

Beautiful analysis as always. I enjoy reading your analysis!

BabsO2:
Beautiful analysis as always. I enjoy reading your analysis!

On eyes on Adewale

BabsO2:
Beautiful analysis as always. I enjoy reading your analysis!

ALL on eyes on Adewale

BabsO2:
Beautiful analysis as always. I enjoy reading your analysis!

ALL eyes on Adewale

By the way, Godlyguy, where are you hiding?
Come to meeting on Tuesday and ask your questions.
But if you will be rude to the Cowboy, then our bouncers will have the permission.........

Be wise !

Oga megawealth01. You can edit your posts by pressing "Modify". Then make your changes and repost. Meanwhile, go easy on the weekend drinks.😀

megawealth01:
ALL eyes on Adewale

Raider76:
Oga megawealth01. You can edit your posts by pressing "Modify". Then make your changes and repost. Meanwhile, go easy on the weekend drinks.😀

Sleep be dey my eyes then na early momo things