Nigerian Stock Exchange Market Pick Alerts - Investment (10802) - Nairaland
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| Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 7:58pm On Jul 25 |
There's already one cement brand called "Mango" coming in from Niger Republic. I don't know if it is being legally imported or smuggled in. But for some reason it is being sold at the same price as the local cement brands. Given the greed of our businessmen the imported cement may not be cheaper than the local one. londonerr: |
| Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 8:01pm On Jul 25 |
Raider76:Is this different from mangal cement that is made in Kogi? |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:12pm On Jul 25 |
Soon China go dey ship in cements enter NAIJA |
| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 8:22pm On Jul 25 |
londonerr:It is never going to happen That is why the chinko used the way of wapco to come in as they have waited for long for government to allow import from thr country. Whr will u go and import it from is it not same China.The only thing that can happen is more China cement companies coming into Nigeria. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 8:28pm On Jul 25*. Modified: 8:47pm On Jul 25 |
Raider76:It is mangal. It is owned by a northerner and produced in Nigeria....kogi. He is a well known billionaire in the North. I don't think thr is even a single cement factory in Niger Republic. It is Dangote Cement company that export to that country. When Nigeria government sealed her boarders some yrs back.it affected them alot because most construction work whr put on hold. Before it came into market. He promised to use his cement price to crash the retail price and people whr happy and waiting. When it finally landed it joined the cement cabal in price exploitation of Nigerians as usual..The only company that should have made price reduction possible was bua but his cement is even more expensive in SE as he equally has capacity. The billionaires in dollars control the cement sector and fund political parties so they will never allow any importation.....go verify from ibeto |
| Re: Nigerian Stock Exchange Market Pick Alerts by Olaide1295: 9:09pm On Jul 25 |
Raider76:Such a crazy proposition. They should be beaten with 2 by 2 if they ever try this. Yiu want them to sell the living to buy the dead? |
| Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 9:18pm On Jul 25 |
Yes. It is a different product. This is Mango, like in mango fruit. otomatic: |
| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 9:59pm On Jul 25 |
Raider76:Really, which part of the country or state did u see this mango cement. I go like verify for personal reasons |
| Re: Nigerian Stock Exchange Market Pick Alerts by Ajibade123(m): 10:27pm On Jul 25 |
yMcy56:Could access reach like 40 this year? |
| Re: Nigerian Stock Exchange Market Pick Alerts by londonerr: 10:35pm On Jul 25 |
Streetinvestor2:It must happen. |
| Re: Nigerian Stock Exchange Market Pick Alerts by londonerr: 10:36pm On Jul 25 |
Raider76:Is it mangal |
| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 10:40pm On Jul 25 |
londonerr:You will make it happen or who will make it happen |
| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 10:49pm On Jul 25 |
Raider76:You are right. I called a friend in Kebbi who said is new product smuggled from Niger Republic to Nigeria...Mango cement |
| Re: Nigerian Stock Exchange Market Pick Alerts by londonerr: 11:06pm On Jul 25 |
Streetinvestor2:Just wait |
| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 11:35pm On Jul 25 |
londonerr:It is like you are a jokerThe new president I know coming next yr will not even consider it as thought...lol |
| Re: Nigerian Stock Exchange Market Pick Alerts by chimex38: 12:07am On Jul 26 |
Krisuba:He sees Robots and Ai doing the magic. .....ensuring supply of goods and services all over the world will eventually outway World demand. With so much supply due to automaton and also varying substitutes by Robotic and Ai related, consumer pricing will be so cheap and probably almost worthless in monetary terms... #Just interpreting
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| Re: Nigerian Stock Exchange Market Pick Alerts by londonerr: 4:56am On Jul 26 |
Streetinvestor2:Ok. I'm not one to trade online insults or argue with faceless strangers. |
| Re: Nigerian Stock Exchange Market Pick Alerts by elengine: 7:14am On Jul 26 |
Ajibade123:Those private placement holders are looking at your comments with smile 😃 10 naira *20 million units is enough for them |
| Re: Nigerian Stock Exchange Market Pick Alerts by londonerr: 8:17am On Jul 26 |
elengine:Question is how much was the mysterious pp |
| Re: Nigerian Stock Exchange Market Pick Alerts by otomatic(m): 8:37am On Jul 26 |
Streetinvestor2:Na wa o. |
| Re: Nigerian Stock Exchange Market Pick Alerts by elengine: 9:50am On Jul 26 |
londonerr:1.1b units 😀 |
| Re: Nigerian Stock Exchange Market Pick Alerts by Pennystockwarri(m): 10:41am On Jul 26 |
| Re: Nigerian Stock Exchange Market Pick Alerts by londonerr: 11:08am On Jul 26 |
elengine:I mean price per unit ... I think 20 naira per unit |
| Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 12:25pm On Jul 26 |
londonerr:$0.35 per unit |
| Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 12:25pm On Jul 26 |
Streetinvestor2:Is it cheaper? If not, why bother? |
| Re: Nigerian Stock Exchange Market Pick Alerts by delvzy(m): 12:28pm On Jul 26 |
Nigeria is the place to be investment wise. We need to see more arms of governments partner with listed companies on the NGX to boost the economy. A word is enough for a wise government that want to see its people succeed. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 1:36pm On Jul 26 |
londonerr:If is how u see it now.Then your advise was not needed in my post u quoted from onset....thank u |
| Re: Nigerian Stock Exchange Market Pick Alerts by Beeron: 1:49pm On Jul 26 |
| Re: Nigerian Stock Exchange Market Pick Alerts by ogoo4real: 2:07pm On Jul 26 |
Ajibade123:As you have mentioned it, it must happen. |
| Re: Nigerian Stock Exchange Market Pick Alerts by londonerr: 2:08pm On Jul 26 |
Streetinvestor2:I will continue to freely comment as I deem fit within the rules of the platform...but not descend into the sewers at any point.... My post wasn't a DM. |
| Re: Nigerian Stock Exchange Market Pick Alerts by TerraCota: 2:09pm On Jul 26 |
| Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 2:50pm On Jul 26 |
StockBaron:Dont be too excited on this. it might even affect the performance negatively depending on whether there had been adequate provisioning for the debt as per IFRS standard. remember they had been carrying the debt as receivables and the FG is paying based on agreed haircut to the debt, so if they had not make provisioning for this before now, then it will impact the performance negatively. All said it should be positive for cashflow. |
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