₦airaland Forum

They are agro tech

chimex38:
Zichis not a Tech company..

Yes. I discussed this few pages back using the palm fruit yield as a catalyst for exponential growth..shorteneing the yrs to yield tangible return.
(all things being equal sha).

But its also good to see and visualize what the company represents in future if the current state is maintained as Emma presented it.

Terrorists and bandits are busy killing people all over the country. But they are busy organizing their elections.

PETERiCHY:
Emma is always on the WINNING stocks 🏆 he has never being caught UNAWARES.

By the time STANBIC ZENITHBK & GTCO start NOSEDIVING,

We start hearing things like, "Their FUNDAMENTALS don't SUPPORT their SHARE PRICE so i left 2weeks ago".

Abeg make una dey pity newbies small.

BARGAIN HUNTERS TAKE NOTE

You can find out when I said I was going to reduce the number of shares in my portfolio my months ago.

Mankind2024:
I hold both WAPCO and Dangote Cement.
The modest ₦3 million I invested in Dangote Cement is now worth over ₦30 million.
There was a long period of price suppression, poor liquidity, and outright rejection by retail investors. Many saw it as a dividend stock only, nothing more. It was overlooked and underrated for years.
But everything changed when Femi Otedola highlighted its massive export potential. That revelation opened our eyes. Today, Dangote Cement is finally getting the recognition it deserves. This is its true destination.
Unfortunately, I self-sabotaged my WAPCO position by booking profits too early. A classic case of selling winners too soon.

Dangote Cement was listed by introduction at N135, the share was not available to retail investors until it got to N200. The current price is roughly N1180.

How did your N3 million become N30 million? Abi you did dividend reinvestment ni.

Streetinvestor2:
The flour and sugar I participated was a failure. Na God help us for flour by olem buy out. For sugar it has never been a smooth ride as sugar later went as low as #6 if I am not wrong abi na fbn.I remember buying one of them at #6 to average down

The IPO of Dangote Sugar was N18, it actually went down to N6 at a point in time

This is what Warren Buffett said about IPO ( It is Probably Overpriced)

Mankind2024:
I hold both WAPCO and Dangote Cement.
The modest ₦3 million I invested in Dangote Cement is now worth over ₦30 million.
There was a long period of price suppression, poor liquidity, and outright rejection by retail investors. Many saw it as a dividend stock only, nothing more. It was overlooked and underrated for years.
But everything changed when Femi Otedola highlighted its massive export potential. That revelation opened our eyes. Today, Dangote Cement is finally getting the recognition it deserves. This is its true destination.
Unfortunately, I self-sabotaged my WAPCO position by booking profits too early. A classic case of selling winners too soon.

Do you mean the 3 million you invested in wapco because that is what could be 30m today

My contract notes and diary confirm that I bought Dangote Cement in four tranches between April 1st and April 9th, 2020. Some of the shares were purchased at ₦110, ₦115, and ₦116 per unit.
I currently hold 25,863 units in one of my brokerage accounts.
I wish I had your crystal ball 🔮! It’s only recently that the price has gone hyperbolic.

emmanuelewumi:
Dangote Cement was listed by introduction at N135, the share was not available to retail investors until it got to N200. The current price is roughly N1180.

How did your N3 million become N30 million? Abi you did dividend reinvestment ni.

I respect Warren Buffett, but he has been wrong many times over the years, and he has consistently admitted his mistakes with notable candor.
A prominent example came during the COVID-19 pandemic. In 2020, Berkshire Hathaway sold its entire stakes in the four major U.S. airlines (Delta, United, American, and Southwest), positions worth more than $4 billion at significant loss. Buffett publicly acknowledged it as a mistake, noting that the pandemic had changed the airline business "in a very major way.
Recent regulatory filings show Berkshire Hathaway has returned to the sector. In the first quarter of 2026, it built a new $2.6 billion premium stake in Delta Air Lines (approximately 39.8 million shares, or about 6.1% ownership), making it one of Berkshire’s larger equity holdings.

NB
I hold over 100 units of Berkshire Hathaway B (BRKB), and it has been the worst-performing stock in my foreign portfolio YTD.
My individually hand-picked pie stocks are up 101%, while BRKB is less than 3%.

https://finance.yahoo.com/markets/stocks/articles/warren-buffets-berkshire-makes-major-162121823.html

emmanuelewumi:
The IPO of Dangote Sugar was N18, it actually went down to N6 at a point in time

I remember you once said Warren Buffett is overrated. In the stock market, you can be 100% wrong and still be proven right by the market, just as you can be 100% right and still be proven wrong.
The best approach is humility paired with strong trust in your own judgment, provided it’s backed by thorough due diligence.

emmanuelewumi:
This is what Warren Buffett said about IPO ( It is Probably Overpriced)

My View on Illiquidity on the NGX
Generally speaking, the Nigerian Exchange (NGX) is still evolving, with the banking sector remaining the most liquid.

However, some of the stocks consistently ranked among the 20 most illiquid on the exchange are actually silent compounders with strong long-term potential.
The management teams of these companies often understand their businesses deeply and know when and how to act decisively. If you hold a position in any of them, avoid panic-selling simply because they carry the “illiquid” label.
Time is a great rewarder. Trust your original investment thesis rather than reacting to liquidity rankings. These stocks are indeed illiquid today, but that characteristic alone doesn’t define their future value.
When the management teams decide it’s time to attract and retain serious retail and institutional investors, they know exactly what levers to pull. Actions such as consistent improvement in performance, stronger fundamentals, bonus issues, and attractive dividend payouts have the power to transform these stocks from overlooked names into highly sought-after investments.

emmanuelewumi:
Dangote Cement was listed by introduction at N135, the share was not available to retail investors until it got to N200. The current price is roughly N1180.

How did your N3 million become N30 million? Abi you did dividend reinvestment ni.

ojeysky:
Do you mean the 3 million you invested in wapco because that is what could be 30m today

I have had similar growth. In 2020, when I bought Dangcem, it got down to 116, and that was not the first time it had gone that low. So yes, a 10x actually happened.

ositadima1:
I have had similar growth. In 2020, when I bought Dangcem, it got down to 116, and that was not the first time it had gone that low. So yes, a 10x actually happened.

COVID was a unique opportunity kai

ojeysky:
COVID was a unique opportunity kai

Almost every good opportunity is unique. Chinko’s purchase of WAPCO was also unique; it does not happen every day.

Mankind2024:
I remember you once said Warren Buffett is overrated. In the stock market, you can be 100% wrong and still be proven right by the market, just as you can be 100% right and still be proven wrong.
The best approach is humility paired with strong trust in your own judgment, provided it’s backed by thorough due diligence.

Me keh, how can I say Warren Buffett is overrated. I guess you meant another person.

Kindly show where I said my mentor Warren Buffett was overated

ojeysky:
COVID was a unique opportunity kai

Exactly. Most IPO, I remember the public offer of Oando in 2006 at around N100

Mankind2024:
My contract notes and diary confirm that I bought Dangote Cement in four tranches between April 1st and April 9th, 2020. Some of the shares were purchased at ₦110, ₦115, and ₦116 per unit.
I currently hold 25,863 units in one of my brokerage accounts.
I wish I had your crystal ball 🔮! It’s only recently that the price has gone hyperbolic.

The discussion is about public offers.

You got Dangote Cement share at less than N120 at about 10 years after it was listed


It was listed at N135, most of us who tried to buy it when was listed bought at an average price of N200.

emmanuelewumi:
The discussion is about public offers.

You got Dangote Cement share at less than N120 at about 10 years after it was listed


It was listed at N135, most of us who tried to buy it when was listed bought at an average price of N200.

So, the Dangcem IPO was 135, but by the time it got to the market, it was already 200 naira. That is a 48% return. As a trader, that is even more reason why I should buy this IPO if I can get it, lol.

https://open.spotify.com/episode/4EKOI0Up3Hj03tWrAaAivD

A few stocks I'd be watching closely in this week's trading session on the NGX.

megawealth01:
I knew wapco was going to be a life changer just like UNITY BANK 💗

Your faith in this UNITY seems unshakeable.

But, when will it change the lives?

Hope delayed may injure the heart......

ositadima1:
So, the Dangcem IPO was 135, but by the time it got to the market, it was already 200 naira. That is a 48% return. As a trader, that is even more reason why I should buy this IPO if I can get it, lol.

It was listed by introduction just like Mecure. Pioneer shareholders and insiders were releasing it to the market gradually.

Management of NGX had to meet Dangote to ensure availability of the shares, majority of new shareholders got it at around N200

ositadima1:
So, the Dangcem IPO was 135, but by the time it got to the market, it was already 200 naira. That is a 48% return. As a trader, that is even more reason why I should buy this IPO if I can get it, lol.

True.
But As a retail trader, you belong to the category of "the Market" at 200.

To get it within IPO price is usually a tall order.
After a certain increase in price level, it's better to just hands off.

Zichis comes to mind.


But somehow I just feel DR might just be different.

Mankind2024:
My View on Illiquidity on the NGX
Generally speaking, the Nigerian Exchange (NGX) is still evolving, with the banking sector remaining the most liquid.

However, some of the stocks consistently ranked among the 20 most illiquid on the exchange are actually silent compounders with strong long-term potential.
The management teams of these companies often understand their businesses deeply and know when and how to act decisively. If you hold a position in any of them, avoid panic-selling simply because they carry the “illiquid” label.
Time is a great rewarder. Trust your original investment thesis rather than reacting to liquidity rankings. These stocks are indeed illiquid today, but that characteristic alone doesn’t define their future value.
When the management teams decide it’s time to attract and retain serious retail and institutional investors, they know exactly what levers to pull. Actions such as consistent improvement in performance, stronger fundamentals, bonus issues, and attractive dividend payouts have the power to transform these stocks from overlooked names into highly sought-after investments.

Hmmm.. you gave an insight here.
Make I add:
-For long term investors with high risk appetite.
-Real patient funds is required
-Ones thorough DD is required.
-Patient enough to shut out the temporary noise and short-term outlook.
- keep accumulating.
-its a tall order.. But one can actually make a kill.

It's not easy for the faint hearted sha.
But you have a point.

Mankind2024:
I remember you once said Warren Buffett is overrated. In the stock market, you can be 100% wrong and still be proven right by the market, just as you can be 100% right and still be proven wrong.
The best approach is humility paired with strong trust in your own judgment, provided it’s backed by thorough due diligence.

In the stock market, you can be 100% wrong and still be proven right by the market, just as you can be 100% right and still be proven wrong.
Words on Marble

emmanuelewumi:
It was listed by introduction just like Mecure. Pioneer shareholders and insiders were releasing it to the market gradually.

Management of NGX had to meet Dangote to ensure availability of the shares, majority of new shareholders got it at around N200

I get your point. You are saying the market will be flooded with it and that it may even sell below the IPO price on the market. In that case, the question would be whether it will be scarce or abundant after the IPO. I am talking as a trader ooo.

mikeapollo:
Terrorists and bandits are busy killing people all over the country. But they are busy organizing their elections.

The recent Oyo saga is scary.
and it started with little, little abductions to now a much large scale.
From the core North to Kogi, kwara state, the terrorists now have a tent in Oyo forests!

chimex38:
True.
But As a retail trader, you belong to the category of "the Market".

To get it within IPO price is usually a tall order.
After a certain price level, it's better to just hands off.

Zichis comes to mind.


But somehow I just feel DR might just be different.

I think they want to do it in such a way that everybody with a BVN who wants it can get at least some quantity.

ositadima1:
I think they want to do it in such a way that everybody with a BVN who wants it can get at least some quantity.

That will be cool.
Traders can cook then 😎

Caverton Offshore Support Group Plc was listed on the Nigerian Exchange by introduction in 2014 at a price of ₦9.50 per share. An investor who committed ₦1 million then at approximately ₦9 per share would today have a portfolio worth about ₦722,000, after 12 years of investment excluding the impact of currency devaluation and inflation.

thebargainhunte:
Caverton Offshore Support Group Plc was listed on the Nigerian Exchange by introduction in 2014 at a price of ₦9.50 per share. An investor who committed ₦1 million then at approximately ₦9 per share would today have a portfolio worth about ₦722,000, after 12 years of investment excluding the impact of currency devaluation and inflation.

An investor from IPO till date is selfless patriot to the nation.
Contributing to the industrial development of the nation selflessly without expectation of returns.
Such humane gesture should be emulated.

I agree with your a hundred percent but here's the truth most Nigerians invest and go to sleep. However I am of a different opinion that Alhaji refinery would do wonder (wouldn't go below the IPO) specifically because of the institutional investors.

thebargainhunte:
Caverton Offshore Support Group Plc was listed on the Nigerian Exchange by introduction in 2014 at a price of ₦9.50 per share. An investor who committed ₦1 million then at approximately ₦9 per share would today have a portfolio worth about ₦722,000, after 12 years of investment excluding the impact of currency devaluation and inflation.