₦airaland Forum

MeezPat:
After Pa Emma and AwesomeJ spoke on Bull Rice, I went to Bokku to get mine today.I got two for 59k each but saw there was another Bull Rice Diamond long grain for 74k.

You can refer to me as Josh if you prefer.


Hello @everyone, my first name is Josh 😁

Valthegreat:
Street another thing I noticed from your attachment is that this particular mall in question do not check properly if their vendors are supplying original products directly from companies. If I am not mistaking, both Royal Stallion and Cap Rice are brands of the Stallion Group owned by the Lebanese, that group was the most famous during the era of rice importation but since Buhari banned importation they haven't been much available in the market and as such disgruntled elements that operate in that industry massively produce their bags for re-bagging of other available rice brands so as to sell them at premium prices. As such I don't take any rice vendor I find Cap Rice and Stallion in their stores seriously.

That's is actually what I hear on the street but every supermarket in SS and SE u will always see those two brand.I will be disappointed if Tantalizer new marts don't check quality and source of what they sell.That means thr mineral and spirits will be bad idea to buy because thr are many fake in the region. I expected them to deal directly with the right company sales rep as new entry into the business

zendi:
Ellah may overtake Access in unit price when they announce the success of their PO and complete their mega acquisition.

I repeat, in unit price.
Access remains a trillion naira company by market cap.

It will only take miracle for the PO to be successful

Good evening Pennystockwarri: Please kindly do a video on Red Star PLC.

All work and no play, make Jack a dull boy. With all the inspirational massages from Mankind, i never thought you have time for lyrics like this. Thought you are only for motivatonal books. 👍👍

Mankind2024:
This forum is really dull today.
Make u na enjoy shaggy featuring Rayvon

Girl, you're my angel, you're my darling angel
Closer than my peeps you are to me, baby
Shorty, you're my angel, you're my darling angel
Girl, you're my friend when I'm in need, lady

Life is one big party when you're still young
But who's gonna have your back when it's all done?
It's all good when you're little, you have pure fun
Can't be a fool, son, what about the long run?
Looking back, Shorty always a-mention
Said me not giving her much attention
She was there through my incarceration
I wanna show the nation my appreciation


https://www.youtube.com/watch?v=XWJrPzAUzAs?si=5O-R8QocT5Xa_HqL

The hustle is real

Let me add my own song too.. na me get am. A song for the season..

"Time to be Wise" by "Iyanu". Available on Spotify, Apple music and all other platforms..

Emancipate your mind
Seek and you shall find
Like the woman of Samaria
Yeshua Ha Mashiah


The Truth about Emmanuel receive
God His only Son begotten did give
How His love filled heart did grieve
A wicked web Lucifer did weave
But Yahweh had a plan up His sleeve
To mankind on deathrow reprieve
Clemency only one death could achieve
Full pardon darkness could not perceive
They came to steal to destroy and to deceive
They hunt for human souls and they bereave
Just because their victims don't believe
In the Saviour by the virgin conceived
But a sigh of relief again I heave... I heave
My condemned soul Emmanuel retrieved... Retrieved
He rose now forever we can live... We can live
Joy and freedom to all who receive... Come !


Time to be wise and reject the lies
From your sleep of death arise
They were gods but died like flies
Hear their screams and cries!
Time to be wise and reject the lies
From your sleep of death arise
They were gods but died like flies
Hear their screams and cries!


To Judah's Lion alone I beg you cleave
Don't reject Him, this message receive
His name is the Truth so believe
He loves you even Adam and Steve
But perversion you just have to leave
Make today decision day and not the eve
Suddenly Messiah cometh like a thief
There shall be weeping and wailing and grief!
Damnation that's eternal not brief
So stop the fussing and the fighting and the beef
My words are for the lowly and the chief
Open up your heart and don't be stiff
Iniquity will push you off the cliff... The cliff
But all your dreadful sins He can forgive... Forgive
Salvation to you He wants to give... To give
Look to the Resurrection and live... Live!


Time to be wise and reject the lies
From your sleep of death arise
You are gods, don't die like flies
Wipe the tears from your eyes.
Time to be wise and reject the lies
From your sleep of death arise
Timeless Mr Truth do not despise
Jesus Christ, God of earth and skies!


Save yourself from this sinful generation
Escape the wrath of God to come
Peace be unto you
Shalom!

© Iyanu


https://www.youtube.com/watch?v=Bmfe-CAXauA?si=AJaQpVJ_aSLwbvPA

Mankind2024:
This forum is really dull today.
Make u na enjoy shaggy featuring Rayvon

Girl, you're my angel, you're my darling angel
Closer than my peeps you are to me, baby
Shorty, you're my angel, you're my darling angel
Girl, you're my friend when I'm in need, lady

Life is one big party when you're still young
But who's gonna have your back when it's all done?
It's all good when you're little, you have pure fun
Can't be a fool, son, what about the long run?
Looking back, Shorty always a-mention
Said me not giving her much attention
She was there through my incarceration
I wanna show the nation my appreciation


https://www.youtube.com/watch?v=XWJrPzAUzAs?si=5O-R8QocT5Xa_HqL

Agbalowomeri:
ACCESS will not pay dividends until 2027 and you expect the share price to do 50%😂

And FBNH will pay 60Kobo to ₦1?

What took FBNH to ₦45?

I have suspected insiders are behind the stock manipulation of ACCESSCORP.

Na wa ooo!
I read that the NASS has disovered and raised alarm about forgery of provisions inserted in the new tax laws?
They say provisions in the gazette are significantly different from what NASS deliberated on and passed as legislation.
Another confusion

mikeapollo:
Na wa ooo!
I read that the NASS has disovered and raised alarm about forgery of provisions inserted in the new tax laws?
They say provisions in the gazette are significantly different from what NASS deliberated on and passed as legislation.
Another confusion

And what will their alarm do, they can only bark, they have not exhibited ability to bite

EDUECO:
This ₦40 billion capital private placement is definately insiders or those close to insiders trying to get large shares of ACCESSCORP at cheap price!

Now I know why the price of ACCESSCORP went down from ₦28 to ₦20.

After the fund raising,the share price will definitely move from ₦20 to like ₦30.

They have Kenyan bank capitalization compliance to meet as well.

Streetinvestor2:
It will only take miracle for the PO to be successful

Street no go kee pesin wit laff.



Impossible is nothing.



Miracles do happen.

chimex38:
They have Kenyan bank capitalization compliance to meet as well.

That should be minimum of around ₦33 billion by the end of 2025. I don't think this should be a challenge.

EDUECO:
That should be minimum of around ₦33 billion by the end of 2025. I don't think this should be a challenge.

yes. I get.
I am only trying to add to the reasons for their new capital raise.

mikeapollo:
Na wa ooo!
I read that the NASS has disovered and raised alarm about forgery of provisions inserted in the new tax laws?
They say provisions in the gazette are significantly different from what NASS deliberated on and passed as legislation.
Another confusion

You see these taxes?
Una must pay

KarlTom:
These prices do not make business sense.
2 * 25kg = ₦68k

Hopefully, this time next year, we'll have DANGRICE

With a strong positive mindset, a lot of disappointment can actually lead to blessings. I was very disappointed when DangFood was put on hold because of DangRice not fully functionial but right now I'm beginning to see it as a blessing , especially having accumulating a lot of Nascon at 30 Naira.

Firstly the Rice market is a bit more saturated in Nigeria when compared to Salt and Sugar where Dangote clear has dominance. I believe DangRice will contribute very little to DangFood , Sugar ( when it's fully back ) and salt will carry most of the weight. Right now , I want Sugar and Salt to fly solo, especially with the proposed sugar : salt : rice percentage shares in the earlier published arrangements.

The sugar division of BUAFOODS was the primary revenue driver in the 9M 2025 result . The sugar division contributed 42% to the total revenue of 1.42 trillion in 9M 2025. Meanwhile the Rice division contributed just 6% of total BUAFOODS' revenue in the same period

With Financial cost in control and full implementation of the backward integration, I believe DS will do 300+ in the next 5 years. With controlling market share of over 70% , I believe DS only needs to put it's finances together, it's going to soar. If the sugar division of BUAFoods can deliver so much and DS with the most controlling share in the market, it's a no brainer that , Sugar can soar on it's only without Rice.

Salt is another company that I want to see fly solo. If the present momentum can be sustainable, I believe salt will only do 300+ in the next 5 year with a double digit dividends . Nascon supplies majority of the industries that uses salt in Nigeria , textile , chemical manufacturing, pharmaceutical, water treatment, cosmetics, oil and gas , mining etc

Mr. Chef salt is the only major competition for Dangote Salt and Mr Chef primarily produces cooking salt for domestic use , they don't carter for industries unlike Nascon. Nascon very much like DS controls the largest market share . Worthy of note , BUAFoods no dey produce salt.

Hand don dey pain me ... This is not a buy recommendation

.
https://www.vanguardngr.com/2025/12/christmas-surplus-rice-price-crash-hope-dashed/

"I AM THE LIGHT OF THE WORLD". John 8:12


Christmas is the entrance of The Light int our darkness, the turning of our night into Day


Here is my favourite Christmas Hymn, written in 1683 by the German, Casper Friedrich Nachtenhorfer and translated to English in 1922 by Anna Hoppe.

Enjoy :

This night a wondrous revelation
Makes known to me God’s love and grace;
The Child that merits adoration
Brings light to our benighted race;
And though a thousand suns did shine,
Still brighter were that Light divine.

The Sun of Grace for thee is beaming;
Rejoice, my soul, in Jesus’ birth!
The light from yonder manger streaming
Sends forth its rays o’er all the earth.
It drives the night of sin away
And turns our darkness into day.

This Light, which all thy gloom can banish,
The bliss of heaven glorifies;
When sun and moon and stars shall vanish,
Its rays shall still illume the skies.
This light through all eternity
Thy heaven and all to thee shall be.

O Jesus, precious Sun of Gladness,
Fill Thou my soul with light, I pray.
Dispel the gloomy night of sadness
And teach Thou me this Christmas Day
How I a child of light may be,
Aglow with light that comes from Thee.

Shalom428:
With a strong positive mindset, a lot of disappointment can actually lead to blessings. I was very disappointed when DangFood was put on hold because of DangRice not fully functionial but right now I'm beginning to see it as a blessing , especially having accumulating a lot of Nascon at 30 Naira.

Firstly the Rice market is a bit more saturated in Nigeria when compared to Salt and Sugar where Dangote clear has dominance. I believe DangRice will contribute very little to DangFood , Sugar ( when it's fully back ) and salt will carry most of the weight. Right now , I want Sugar and Salt to fly solo, especially with the proposed sugar : salt : rice percentage shares in the earlier published arrangements.

The sugar division of BUAFOODS was the primary revenue driver in the 9M 2025 result . The sugar division contributed 42% to the total revenue of 1.42 trillion in 9M 2025. Meanwhile the Rice division contributed just 6% of total BUAFOODS' revenue in the same period

With Financial cost in control and full implementation of the backward integration, I believe DS will do 300+ in the next 5 years. With controlling market share of over 70% , I believe DS only needs to put it's finances together, it's going to soar. If the sugar division of BUAFoods can deliver so much and DS with the most controlling share in the market, it's a no brainer that , Sugar can soar on it's only without Rice.

Salt is another company that I want to see fly solo. If the present momentum can be sustainable, I believe salt will only do 300+ in the next 5 year with a double digit dividends . Nascon supplies majority of the industries that uses salt in Nigeria , textile , chemical manufacturing, pharmaceutical, water treatment, cosmetics, oil and gas , mining etc

Mr. Chef salt is the only major competition for Dangote Salt and Mr Chef primarily produces cooking salt for domestic use , they don't carter for industries unlike Nascon. Nascon very much like DS controls the largest market share . Worthy of note , BUAFoods no dey produce salt.

Hand don dey pain me ... This is not a buy recommendation

Alhaji wanted to use the merger to scam us like I said then.Thr was nothing to justify 1 share of rice being equivalent to 11 shares of sugar. He just wanted to accumulate sugar via back door.
Not minding rice company didn't really exist or have something serious on ground

Shalom428:
With a strong positive mindset, a lot of disappointment can actually lead to blessings. I was very disappointed when DangFood was put on hold because of DangRice not fully functionial but right now I'm beginning to see it as a blessing , especially having accumulating a lot of Nascon at 30 Naira.

Firstly the Rice market is a bit more saturated in Nigeria when compared to Salt and Sugar where Dangote clear has dominance. I believe DangRice will contribute very little to DangFood , Sugar ( when it's fully back ) and salt will carry most of the weight. Right now , I want Sugar and Salt to fly solo, especially with the proposed sugar : salt : rice percentage shares in the earlier published arrangements.

The sugar division of BUAFOODS was the primary revenue driver in the 9M 2025 result . The sugar division contributed 42% to the total revenue of 1.42 trillion in 9M 2025. Meanwhile the Rice division contributed just 6% of total BUAFOODS' revenue in the same period

With Financial cost in control and full implementation of the backward integration, I believe DS will do 300+ in the next 5 years. With controlling market share of over 70% , I believe DS only needs to put it's finances together, it's going to soar. If the sugar division of BUAFoods can deliver so much and DS with the most controlling share in the market, it's a no brainer that , Sugar can soar on it's only without Rice.

Salt is another company that I want to see fly solo. If the present momentum can be sustainable, I believe salt will only do 300+ in the next 5 year with a double digit dividends . Nascon supplies majority of the industries that uses salt in Nigeria , textile , chemical manufacturing, pharmaceutical, water treatment, cosmetics, oil and gas , mining etc

Mr. Chef salt is the only major competition for Dangote Salt and Mr Chef primarily produces cooking salt for domestic use , they don't carter for industries unlike Nascon. Nascon very much like DS controls the largest market share . Worthy of note , BUAFoods no dey produce salt.

Hand don dey pain me ... This is not a buy recommendation

This sounds confident, but a lot of it doesn’t hold up once you strip away the optimism.

Using BUA Foods’ sugar contribution to justify what Dangote Sugar Refinery “must” become is a weak comparison. Market share does not equal profitability. Revenue mix does not equal margins. Cost structure, finance costs, asset efficiency, FX exposure, and ROIC are what drive value, not dominance slogans. Without adjusting for these, the conclusion simply doesn’t follow.

Claims like “₦300+ in five years” for Dangote Sugar or NASCON Allied Industries are not analysis, they’re numbers thrown into the air. What earnings level supports that price? At what multiple? With what free cash flow and balance-sheet strength? None of that is addressed.

The biggest issue here is anchoring to price instead of cash flow. Accumulating at ₦30 and projecting ₦300 without walking through cash generation, capex, debt servicing, and dividend capacity is not investing, it’s hopeful extrapolation.

Bottom line: this is a narrative dressed up as conviction. Until earnings quality, free cash flow, and policy risk are explicitly priced in, this remains a good story, not a serious valuation case.

Streetinvestor2:
Alhaji wanted to use the merger to scam us like I said then.Thr was nothing to justify 1 share of rice being equivalent to 11 shares of sugar. He just wanted to accumulate sugar via back door.
Not minding rice company didn't really exist or have something serious on ground

This is exactly my point , it does look like Alhaji wanted to play a fast one on us with the Food thing. And looking at how saturated the rice business is , I would prefer Sugar and Salt to fly solo , especially with the proposed sharing formula.

I made a quick list of stocks that made gains last week.

https://youtube.com/shorts/86T4iUqOm8w?feature=share

ositadima1:
This sounds confident, but a lot of it doesn’t hold up once you strip away the optimism.

Using BUA Foods’ sugar contribution to justify what Dangote Sugar Refinery “must” become is a weak comparison. Market share does not equal profitability. Revenue mix does not equal margins. Cost structure, finance costs, asset efficiency, FX exposure, and ROIC are what drive value, not dominance slogans. Without adjusting for these, the conclusion simply doesn’t follow.

Claims like “₦300+ in five years” for Dangote Sugar or NASCON Allied Industries are not analysis, they’re numbers thrown into the air. What earnings level supports that price? At what multiple? With what free cash flow and balance-sheet strength? None of that is addressed.

The biggest issue here is anchoring to price instead of cash flow. Accumulating at ₦30 and projecting ₦300 without walking through cash generation, capex, debt servicing, and dividend capacity is not investing, it’s hopeful extrapolation.

Bottom line: this is a narrative dressed up as conviction. Until earnings quality, free cash flow, and policy risk are explicitly priced in, this remains a good story, not a serious valuation case.

Sorry to say this oh.It is what I have observed in your posts.You either quote a post to create arguments so that u try to see if u can win it
Then another time your post are like chameleon standard or double standard
All the valuation metrics you mentioned above why have u not been using it in the case of kpakus. You came for his post to justify ur stand on sugar q3 results..
Mr time will prove sugar results to be good by full yr.And sugar will go over #300 in 5 yrs because the backward integration will have materialised. For 2026 it will touch #100.
Bookmark this post.Then the 5 yrs projects can fail if Nigeria happens to thr farm or company

ositadima1:
This sounds confident, but a lot of it doesn’t hold up once you strip away the optimism.

Using BUA Foods’ sugar contribution to justify what Dangote Sugar Refinery “must” become is a weak comparison. Market share does not equal profitability. Revenue mix does not equal margins. Cost structure, finance costs, asset efficiency, FX exposure, and ROIC are what drive value, not dominance slogans. Without adjusting for these, the conclusion simply doesn’t follow.

Claims like “₦300+ in five years” for Dangote Sugar or NASCON Allied Industries are not analysis, they’re numbers thrown into the air. What earnings level supports that price? At what multiple? With what free cash flow and balance-sheet strength? None of that is addressed.

The biggest issue here is anchoring to price instead of cash flow. Accumulating at ₦30 and projecting ₦300 without walking through cash generation, capex, debt servicing, and dividend capacity is not investing, it’s hopeful extrapolation.

Bottom line: this is a narrative dressed up as conviction. Until earnings quality, free cash flow, and policy risk are explicitly priced in, this remains a good story, not a serious valuation case.

It is good to balance optimism with pessimism, so I welcome your opinion .

However, I did a lot of research before stating my 300+ , and double digits dividends in 5 years, all things being equal. Let's leave the rest to Mr. TIME.

It would be nice if he had an informed opinion. The guy is known to post whatever ChatGPT spits out -- sometimes without relevant context or business intelligence (although, this time, I fear he's it's right).

Shalom428:
It is good to balance optimism with pessimism, so I welcome your opinion .

However, I did a lot of research before stating my 300+ , and double digits dividends in 5 years, all things being equal. Let's leave the rest to Mr. TIME.

Streetinvestor2:
Sorry to say this oh.It is what I have observed in your posts.You either quote a post to create arguments so that u try to see if u can win it
Then another time your post are like chameleon standard or double standard
All the valuation metrics you mentioned above why have u not been using it in the case of kpakus. You came for his post to justify ur stand on sugar q3 results..
Mr time will prove sugar results to be good by full yr.And sugar will go over #300 in 5 yrs because the backward integration will have materialised. For 2026 it will touch #100.
Bookmark this post.Then the 5 yrs projects can fail if Nigeria happens to thr farm or company

It really does not matter whether my post affected you emotionally or not, that was never the aim. My aim is to inform readers who might take the original post at face value without questioning it.

It is clear as day that Dangote Sugar is not antifragile, dominance notwithstanding. I made a direct comparison with BUA Foods to show that Dangote Sugar’s operational efficiency is nowhere near BUA’s. Need I remind you how easily Dangote Sugar slipped into negative equity, while BUA remained stable?
We also know Dangote’s long-standing preference for controlling the entire production chain, from raw materials to finished products. The fact that this was not achieved in sugar long ago should already tell you something: backward integration in sugar is either difficult, capital-intensive, or structurally unattractive. Now that the integration has finally begun, it will take time, likely more than five years, to meaningfully replace imports. I broke this down in detail in an earlier post.

So will sugar return to outstanding profitability? I don’t know, and neither does Shalom, who presented no quantitative evidence to support his conclusions.

Not every post is a fight. Learn to see views that don’t align with yours as alternative analyses, not personal attacks.

HesInMe:
It would be nice if he had an informed opinion. The guy is known to post whatever ChatGPT spits out -- sometimes without relevant context or business intelligence (although, this time, I fear he's it's right).

Maybe it’s ChatGPT, maybe it’s me, it doesn’t change the substance of the points made in my post. We’re not here to compete, and this isn’t an exam where using tools is considered cheating. What matters are the reasons presented and what they translate to in your portfolio.

So, once again, it doesn’t matter what you think of me or the source of my post. As long as the reasoning is sound, that’s what should be addressed.

https://x.com/i/spaces/1LyxBXANXypGN

We will be having the management of The Initiates Plc on the space by 4pm Nigerian hour.

Agbalowomeri:
ACCESS will not pay dividends until 2027 and you expect the share price to do 50%😂

The rate at which you keep hammering that Access will not pay dividend till 2027. Is there something you know that we don't know ? They only missed out interim dividend 2025, that doesn't mean they won't pay dividend in 2026. Some of us look foward to these dividends as it is the icing on the cake of our investment

jonnysessy:
The rate at which you keep hammering that Access will not pay dividend till 2027. Is there something you know that we don't know ? They only missed out interim dividend 2025, that doesn't mean they won't pay dividend in 2026. Some of us look foward to these dividends as it is the icing on the cake of our investment

Expect lower dividends across banks next year
ACCESS has no dividend to pay

Shalom428:
The hustle is real

We. will. sooñ get to a stage where Filling stations will wash your car for buying 10 liters of Petrol.

What Alhaji cannot distrupt does not exist.

Agbalowomeri:
Expect lower dividends across banks next year
ACCESS has no dividend to pay

Next year is for consumer goods followed by oil and gas.