₦airaland Forum

GeeKudi:
The Nigerian populace is at the mercies of its merciless capitalists. Here, prices can double over night at the slightest trigger and never come down. In Europe, at the onset of the COVID crisis when there was panic shopping everywhere, you enter a mall and the shelves are almost empty but prices stayed practically unchanged in stack contrast to what obtains in Nigeria. There should be stricter regulations/laws to protect Nigerian consumers from price gouging.

chimex38:
Seems importation can't even compete.
Cuz no one is talking about importation or taking advantage of the gap as importers are still doing for petrol imports.

emmanuelewumi:
Don't you think it is better to buy shares in such companies

awesomeJ:
You that I know, my guess is you were waiting for it to crash to #12 😁😁😁

Streetinvestor2:
Cement is banned completely from being imported into Nigeria. If not many importers would have brought it into the country as it is 2 dollars in China

emmanuelewumi:
Don't you think it is better to buy shares in such companies

Streetinvestor2:
Cement is banned completely from being imported into Nigeria. If not many importers would have brought it into the country as it is 3 dollars in China

Streetinvestor2:
Cement is banned completely from being imported into Nigeria. If not many importers would have brought it into the country as it is 3 dollars in China

GeeKudi:
Of course, without doubt. I am in the stock market with a practical approach of 'following the money'. However, on a deeper look, these guys don't even make the money to benefit shareholders. In their books, you see insertions of unbelieveable percentage of revenue being taken up by production cost leaving only crumps as dividends whereas company owners and executives continue to live larger than life.

Back to the main discussion, I am of the opinion that prices of goods in Nigeria are mostly determined by greed from producers and middle men and not a true reflection of the state of the economy. There should be more measures to protect the consumers.

Streetinvestor2:
It same news that move other companies in the sector most times and not results. Nothing was spectacular in saplet last result.And is not result either that is moving aradel now.Or have u seen its results

KarlTom:
Ding

Streetinvestor2:
Funny enough thr are monikers on this thread I don't take serious. I see them as just occupying space and this moniker happens to be in that category..lol

awesomeJ:
Here where I'm currently constructing, I learnt of a new brand Mangal, he too prices like his predecessors.


So even though there are now 4 players, competition still in non existent.

emmanuelewumi:
Why can't they set up a manufacturing plant and also benefit from the huge profit in the sector .

GDP per capita will continue to go down unless we start producing and exporting

Thank God things are gradually looking up in the last 18 months

PETERiCHY:
ACCESSBK Value Zone is @t circa #15 else whatever you see you take,

Meanwhile ACCESSBK shell-holders rightnow

BARGAIN HUNTERS TAKE NOTE!

mikeapollo:
Thank you, Prefect!

rmx:
Someone mentioned high entry barrier , true , I use to think that was the only issue but there is another major one

the main limitations is most of the major limestone mining licenses are locked up , you will basically have to buy out one of the big players like was done to larfarge to have access to them ,or someone that has that mining lease and has not started production , that is where the game is

Mangal however started production recently also

megamart247:
If wishes were horses beggars will ride likewise if making noise is equal to making money by now you ought to have been a billionaire.

Streetinvestor2:
Life na turn by turn in oil and gas sector.
It looks the news on aredel expired yesterday
We wait for oando own news lol
It will definitely come too

PETERiCHY:
Opportunity for those trapped in ACCESSBK to bail out @t #22.80 after this grace period their next port of call is #20 junction..

BARGAIN HUNTERS TAKE NOTE!

funkymedina2:
SOS Livestock in distress
https://doclib.ngxgroup.com/Financial_NewsDocs/45245_LIVESTOCK_FEEDS_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_OCTOBER_2025.pdf

kintus:
New long term investors claimed for Aradel. Wish you guys luck. okay. Bye.