₦airaland Forum

Here is what is happening in DANGOTE CEMENT
BUA CEMENT &
HBM Stocks



https://www.youtube.com/watch?v=wROjUYkIgnM

[quote author=isaacosas01 post=140566335]Please go and read the detailed Renaissance Capital initiation report dated today, September 7, 2026.

Everything you need to know including financials is there. [/quote

Hello Chief. Grateful if you can oblige a link to this report

Asangbekoko:
Nigerians seem to think it is Dangote Refinery that would make them rich.
Look at the days trading index, every one seems to be selling all in his/her portfolio to buy the IPO.
People's mentality sha. I don't even know whether I would buy any unit yet. My portfolio was carefully selected.

You may be right.
But I think Dangote has built some reputation with the performance of some of his companies e.g. Cement and Sugar.
And with the way institutional, regional and global investors are showing interest in the refinery IPO, retail investors would be tempted as well.

The Red is getting Redder !!

Krisuba:
The Red is getting Redder !!

Bloody
Dangote must be careful ooo

https://open.spotify.com/episode/5DzV1QhXNXwuRig6fCmTu0

A snapshot of trading so far today on the NGX

awesomeJ:
is
Yes you're right. That's where those competitors should help us from from Alhaji's (can't find a word).

But perhaps they're preferring to join him like his cement colleagues did.

It's not only crude prices that have dropped compared to the highs of $120, even naira has strengtened by about N50 compared to when crude was at $120.

But as someone shared yesterday, Alhaji is maximizing profit this year. I think what was shared here was $1.8bn from $13bn sales. That's over 14% net margins, which is quite high for the refining business.

So I agree.

Why govt go put mouth like that when they re also among board of Directors and major shareholding beneficiaries of same profit-margin with their 7.5% stake?

How can you be a referee in your own match?

Won't be a 100% fair play.
Make we manage am like that.

essentialone1:
UBA shares has had a terrible year.

My broda after having the shares for a year and half, I decided to jump ship, after all elulu has taken his money to Seplat and cashing out

I would have been regretting today if I didn’t sell

mikeapollo:
Seems you have not read/heard about US global sanctions; how the US labels some countries/products as ''no go area'' for the rest of the world.....and EVERY country obeys without questions, including Nigeria.
Only very few countries e.g. Russia dare go against it.

US must be a god to you , it’s ok . I get your angle now

https://www.youtube.com/watch?v=fsiWXIUBBZM

Here's a snapshot of trading so far today on the NGX

Dangote Cement is the only Dangote firm making big money and we all know why. Astronomical cement price and nothing more.
That will not happen whether he sell the fuel locally or exports it.

mikeapollo:
You may be right.
But I think Dangote has built some reputation with the performance of some of his companies e.g. Cement and Sugar.
And with the way institutional, regional and global investors are showing interest in the refinery IPO, retail investors would be tempted as well.

faoogoke:
Dangote Cement is the only Dangote firm making big money and we all know why. Astronomical cement price and nothing more.
That will not happen whether he sell the fuel locally or exports it.

Profit is a function of margins (sale price-cost price), volume and efficiency.
Refinery may still make good profits because it has huge capacity (volumes), even if margin is low, theoretically speaking.

The average margin for most refineries is 7%-15%,

Krisuba:
The Red is getting Redder !!

This is just the beginning, Cash is king. Let the dumpers continue, we would cherry pick the sound fundamental ones. The worst hit will be the ones that do not have sound fundamentals.

The saving grace is for interim- dividend banks to come out with their H1 result, or else the bloody nature will continue.


Lesson learnt: In a bullish market there is opportunity to make money, also in a bear market there is also opportunity to make money.

mikeapollo:

Bloody
Dangote must be careful ooo

See potential $1 Trillion economy dey fall yakata to just $2 billion IPO . Our road still far.

I understand you. But Cement business is not like refinery business. Cement with average production cost per bag of less that N1,000 selling for over N12,000.

mikeapollo:
Profit is a function of margins (sale price-cost price), volume and efficiency.
Refinery may still make good profits because it has huge capacity (volumes), even if margin is low, theoretically speaking.

The average margin for most refineries is 7%-15%,

He can manipulate the prices.

mikeapollo:
They want to use the money to expand Lekki refinery from 650,000 to 1.4m barrels per day and also to build the Kenya refinery.
Alhaji Dangote will the one selling because he is the sole or overwhelming majority shareholder right now

brotherly:
See potential $1 Trillion economy dey fall yakata to just $2 billion IPO . Our road still far.

Yea...you are right.
It also shows that most players in the NGX are traders, mobilizing and deploying funds to chase after particular stocks for short-term gains.

[quote author=faoogoke post=140577338]I understand you. But Cement business is not like refinery business. Cement with average production cost per bag of less that N1,000 selling for over N12,000.



U say what!!! This this day light robbery naaa!!

brotherly:
See potential $1 Trillion economy dey fall yakata to just $2 billion IPO . Our road still far.

You they mind government that has only propaganda as its achievement.They are using yeye ASI to make noise that the ngx is performing wonders like we trade the rubbish. When we know few stock can push the rubbish index to even 300k

faoogoke:
I understand you. But Cement business is not like refinery business. Cement with average production cost per bag of less that N1,000 selling for over N12,000.

Cross check your figures

Mass dumping on NGX today. This Dangote Refinery effect is sure kicking in so fast that many don't want to be left out, now that they know the share price and the close proximity of the purchase.

What a week this will be.

4willer:
Mass dumping on NGX today. This Dangote Refinery effect is sure kicking in so fast that many don't want to be left out, now that they know the share price and the close proximity of the purchase.

What a week this will be

Only a week? What about the 4 weeks period of the IPO itself?
But this is opportunity to target some very good fundamental stocks when they drop.

Seems I was right about the dumping once the IPO is actually announced. Nice. I hope they can dump MTN to 600 so I can go and take loan

faoogoke:
I understand you. But Cement business is not like refinery business. Cement with average production cost per bag of less that N1,000 selling for over N12,000.

They are succeeding because of monopoly that was given to them so they formed cable. They are reaping Nigerians in price exploitation and government turned away.That is because the government is benefiting from the corruption. This eventually what is going to happen with the refineries. It only takes a new government coming in that has the people at heart to check mate it. That is why you see the owners of such businesses don't want someone with integrity as president. The people of nigeria are now thr maga to reap off.It is like so now in most commodity alhaji controls higher percentage of market segment

mikeapollo:

Bloody
Dangote must be careful ooo

Wotowoto quietly served Lol.

Na only DAARCOM and TIP dey green

deathwing:
Seems I was right about the dumping once the IPO is actually announced. Nice. I hope they can dump MTN to 600 so I can go and take loan

Don't be carried away.This normal traders doing thr thing. This red you are seeing will disappear by Wednesday or Thursday. Look at the price change in most stock it is not significant figures
Dangote refinery is not a big deal for an investor to sell his fundamental sound stock. How much is the person expecting the Dangote Refinery to return to his portfolio. Abi the shares is expected to be miracle maker to retail investor.
At the end of today many stock on red will still not qualify for price change

Agbalowomeri:
Wotowoto quietly served Lol.

I pray Access dips further so I can buy some more.
Better join us now; and not wait until it clocks N35 before you go dey start to sing ''new songs'' again

I'm not carried away o. I don dey rearrange my portfolio to favour some stocks

Streetinvestor2:
Don't be carried away.This normal traders doing thr thing. This red you are seeing will disappear by Wednesday or Thursday. Look at the price change in most stock it is not significant figures

mikeapollo:

I pray Access dips further so I can buy some more.
Better join us now; and not wait until it clocks N35 before you go dey start to sing ''new songs'' again

Better goan wait at 20+

Agbalowomeri:
Better goan wait at 20+

I will wait until the last week of Dangote IPO; especially if Access is still unable to pay interim dividend by that time.

deathwing:
Seems I was right about the dumping once the IPO is actually announced. Nice. I hope they can dump MTN to 600 so I can go and take loan

even #700

Less

Agbalowomeri:
Better goan wait at 20+