₦airaland Forum

megawealth01:
If I tell people that I have won 100k playing casino they won't believe. It will still be called AUDIO

I'm yet to see really WEALTHY folks in this part of the world that don't set aside money for gambling/speculation

The only challenge I discovered as it concerns this type of gambling is that when you played and lost 100k you didn't tell us but when you win you broadcast it. Both of us, in fact all of are guilty of this, so when I want to tell myself the truth I understand that if I can't share the loose I shouldn't share the win also so that feeble minded people don't loose their money thinking I am encouraging them to gamble because both loose and win do happen.

ositadima1:
Lol, what he is doing now is an IPO, which means allowing others to acquire partial ownership of the current refinery. It is not the same thing as an expansion.

The refinery, as a separate entity, can source funds for expansion either internally from retained earnings or externally through debt. I don't think we should mix these two.

I think this is the same misconception people had when Dangote Sugar was in trouble. Many assumed that, because it majorly belonged to Dangote, he would simply inject funds from his other businesses to support it. Eventually, the DS had to raise capital through a Public Offer.

Wrong!

Every IPO or PO raises fresh capital

What you described here, how is it different from listing by introduction?

The Biggest Mistake Beginner Investors Usually Make When Trying To Invest In The Nigeria Stock Market

Two Investors Bought the Same Stocks; One Made Money; One Lost Money; Here's What Happened:




https://www.youtube.com/playlist?list=PLelyzjGuxrbj-ORzfwOEveV2vK0j1e3fw

Agbalowomeri:
So the 700,000 barrel per day company was constructed with about $20B. Where is the fund for the expansion to 1.4m barrel per day coming from if we all want the company to retain the valuation of $20B?

He is not listing the company at 20b, it is probably going to be listed at 50b.
That singular act is expected to at least double his net worth. That is how the rich get richer.
He doesn't need the money from the masses for expansion, there are other avenues available to him.

Agbalowomeri:
So that means this summary is wrong ba?

Dangote Petroleum Refinery is raising funds primarily to support a massive expansion of its processing capacity from its current 700,000 barrels per day to 1.4 million barrels per day by 2028,

The valuation by the production of 1.4 million barrels per day is supposed to be $50B. That is my own understanding

But Dangote recently revealed he rejected NNPC ‘s bid to increase their stake in his refinery. He has also repeatedly claimed he will be listing to allow ordinary Nigerians part ownership of the refinery. He also claimed he was selling only 10% of the entire refinery and it will be across some African exchanges.

Beeron:
The Biggest Mistake Beginner Investors Usually Make When Trying To Invest In The Nigeria Stock Market

Two Investors Bought the Same Stocks; One Made Money; One Lost Money; Here's What Happened:




https://www.youtube.com/playlist?list=PLelyzjGuxrbj-ORzfwOEveV2vK0j1e3fw

As usual, this exposé is so insightful and quite engaging. You also have a knack for going down to the minute details. This peculiar quality makes your tutorials standout. Weldone!

pluto09:
He is not listing the company at 20b, it is probably going to be listed at 50b.
That singular act is expected to at least double his net worth. That is how the rich get richer.
He doesn't need the money from the masses for expansion, there are other avenues available to him.

So your argument is that the company is not worth $50B conservatively? Even when the production doubles?

Dangote is a highly gentleman
If na me, nothing wey go make me list at less than $100B even with a production capacity of 700,000

Agbalowomeri:
So your argument is that the company is not worth $50B conservatively? Even when the production doubles?

Dangote is a highly gentleman
If na me, nothing wey go make me list at less than $100B even with a production capacity of 700,000

lol, how much upside does a refinery listing have? The technology is not revolutionary. We have had it more than a century. One air strike or terrorist sabotage with a drone and everything grinds to a halt. Even if Dangote is the only one refining fuel in Africa, he can only refine so much with what is on ground. $100b ko 😆😆.

Agbalowomeri:
So the 700,000 barrel per day company was constructed with about $20B. Where is the fund for the expansion to 1.4m barrel per day coming from if we all want the company to retain the valuation of $20B?

There are some basics finance principle everyone in finance knows bro.
That a refinery was built for $20B doesn’t give it valuation above $20B, its doesn’t work like that.

In finance we say replacement cost ≠ market value. A refinery is worth what its cash flows justify, not what it cost to build.

Svoboda:
As usual, this exposé is so insightful and quite engaging. You also have a knack for going down to the minute details. This peculiar quality makes your tutorials standout. Weldone!

my goal is help people peel the fear from them. Fear is why many people make some irrational decisions and prevent some from even investing.

Maybe if someone makes them see how things works, they will be encouraged to take risks more.


"When knowledge is known, it's no more a risk"-- Muktar Muhammad

isaacosas01:
There are some basics finance principle everyone in finance knows bro.
That a refinery was built for $20B doesn’t give it valuation above $20B, its doesn’t work like that.

In finance we say replacement cost ≠ market value. A refinery is worth what its cash flows justify, not what it cost to build.

Good then

Build your own $20B and offer it for $10B valuation

Beeron:
my goal is help people peel the fear from them. Fear is why many people make some irrational decisions and prevent some from even investing.

Maybe if someone makes them see how things works, they will be encouraged to take risks more.


"When knowledge is known, it's no more a risk"-- Muktar Muhammad

You dey post

You dey comment

And still dey respond to yourself

Agbalowomeri:
So your argument is that the company is not worth $50B conservatively? Even when the production doubles?

Dangote is a highly gentleman
If na me, nothing wey go make me list at less than $100B even with a production capacity of 700,000

I have not seen the prospectus to know exactly what the worth of the company is.
I am just speaking hypothetically about IPO generally and the antecedent of the man at the center of the whole issue.
What we have for now is a 700,000b/d and the valuation should reflect that.
The valuation will definitely not be the same when the production doubles.
This is the time for him to get some benefits for his labour so he is free to price the company as much as he wishes.

pluto09:
I have not seen the prospectus to know exactly what the worth of the company is.
I am just speaking hypothetically about IPO generally and the antecedent of the man at the center of the whole issue.
What we have for now is a 700,000b/d and the valuation should reflect that.
The valuation will definitely not be the same when the production doubles.
This is the time for him to get some benefits for his labour so he is free to price the company as much as he wishes.

With these valuations only Dangote himself and Private placement (institutional investor) will make money.

Agbalowomeri:
You dey post

You dey comment

And still dey respond to yourself

Another witchcraft moment

Beeron:
my goal is help people peel the fear from them. Fear is why many people make some irrational decisions and prevent some from even investing.

Maybe if someone makes them see how things works, they will be encouraged to take risks more.


"When knowledge is known, it's no more a risk"-- Muktar Muhammad

Very true, my brother. What seemed so abstract and distant now looks so close to home.

Agbalowomeri:
So your argument is that the company is not worth $50B conservatively? Even when the production doubles?

Dangote is a highly gentleman
If na me, nothing wey go make me list at less than $100B even with a production capacity of 700,000

As in ehen!! All of them are looking at the cash invested. They are valuing the risk Alhaji took, his time and effort at zero. Wickedness in high places.

I am not buying sha. It is against my religion to buy IPO or PO. Only thing I can consider is rights issue

Some people go learn the hard way be that.

megawealth01:
Nigerians HARDLY do due diligence

isaacosas01:
There are some basics finance principle everyone in finance knows bro.
That a refinery was built for $20B doesn’t give it valuation above $20B, its doesn’t work like that.

In finance we say replacement cost ≠ market value. A refinery is worth what its cash flows justify, not what it cost to build.

Was it actually 20 billion that was used to build it.
The refinery alhaji was shifting the cost himself daily for subsidize foreign exchange from cbn..lol

Agbalowomeri:
You dey post

You dey comment

And still dey respond to yourself

LWKD. Na watin come my mind.I see one strange moniker they respond. Is he looking for watching benefits from YouTube..lol

Streetinvestor2:
Was it actually 20 billion that was used to build it.
The refinery alhaji was shifting the cost himself daily for subsidize foreign exchange from cbn..lol

This man you no trust anybody

isaacosas01:
There are some basics finance principle everyone in finance knows bro.
That a refinery was built for $20B doesn’t give it valuation above $20B, its doesn’t work like that.

In finance we say replacement cost ≠ market value. A refinery is worth what its cash flows justify, not what it cost to build.

This refinery exported Jet fuel of at least 158000 bpd in March and April. They supplied over 80% of Nigeria’s petrol (Nigeria is roughly a $10 Billion petrol market) in addition to petrol exports. They also dominate supply of diesel in Nigeria , and are second largest source of LPG in the country. When you add petrochemicals of roughly $100 million monthly also, the business should comfortably make close to a $2 Billion revenue on a good day while spending around $1.3 Billion on crude oil

Streetinvestor2:
Was it actually 20 billion that was used to build it.
The refinery alhaji was shifting the cost himself daily for subsidize foreign exchange from cbn..lol

Refineries of this scale around the world are actually worth that amount and even slightly more now.

toyeoye:
🚨 VFDGROUP's limit-up rally has completely unraveled.

The stock touched ₦11.55 (+10%) earlier today but has since plunged to ₦10.20 (-2.86%).

A brutal intraday reversal as sellers overwhelm buyers.

https://www.youtube.com/watch?v=JR50FQIQN2A?si=Af9e2nQH88_gve70

Look at the video above. Do you have access to complete market flow data similar to what brokers use? I’m not sure whether you can build something like this. It doesn’t need to be as complicated; even a simple heat map that highlights liquidity would be useful in real time.

Please take a look at the video and understand what is being explained.

Thanks.

GeneralDae:
Refineries of this scale around the world are actually worth that amount and even slightly more now.

Give me one example. Just 1 example of refineries around the world of this scale with this ridiculous valuation.

isaacosas01:
Give me one example. Just 1 example of refineries around the world of this scale with this ridiculous valuation.

I meant the amount it takes to build it.

ositadima1:

https://www.youtube.com/watch?v=JR50FQIQN2A?si=Af9e2nQH88_gve70

Look at the video above. Do you have access to complete market flow data similar to what brokers use? I’m not sure whether you can build something like this. It doesn’t need to be as complicated; even a simple heat map that highlights liquidity would be useful in real time.

Please take a look at the video and understand what is being explained.

Thanks.

Thanks for sharing this... I know exactly the type of market flow visualization you're referring to.
The challenge on NGX is data access.
NGX does make deeper data available through its premium licensing arrangements, but the economics are quite different from the public market data feed we currently use. It introduces significant licensing costs and redistribution restrictions.
That said, there may be a middle ground. Using the data we currently receive, we can potentially build simplified liquidity and market participation indicators that wouldn't be true order-book heatmaps, but they could still provide useful real-time insight into where attention and liquidity are moving across the market.
We're actively exploring ways to surface more of these signals without requiring the expensive institutional-grade data feeds.

Nobi stock market again? I haven't forgotten 2008 season na

Shalom428:
Some people go learn the hard way be that.

E pain me that green and white won't be in this year's edition 😭

megawealth01:
E pain me that green and white won't be in this year's edition 😭

So US don begin cancel people's visa after dem don book flights, hotels and Air B&B

TRUMP

Agbalowomeri:
So US don begin cancel people's visa after dem don book flights, hotels and Air B&B

Shalom428:
Some people go learn the hard way be that.

What's your verdict? We shouldn't buy DR?