₦airaland Forum

Themandator:
Mind you he wont be giving you anything more than 1 per share dividend because he already sound it out he is expanding




If you have business or land to buy I advise you use the money to buy the land



Give the shares 20 years you won't get half the value you get from the land from the shares


By the way no bank can raise 2 trillion for Dangote alone.

What is the capital base of that bank

the guy think he is schooling olodos,when he said you can get such amount from mid bank,I just back off from reading further

My brother, I don't even know what to say.The "expert" said a barrel of crude will soon get to 500 USD and that is part of the process of phasing out fossil fuels? Ha ha ha.This is more like a half educated bumpkin calling himself an expert. The things we see in Nigeria. God help us

frank417:
Why can't we be professional in our submissions? Some people on this forum need to learn how to make an argument and drive home their point. For someone who claims to be a financial expert, this post is just too opinionated and emotional, and it lacks both expertise and knowledge.

smasher1:
Go back and listen to him, the 2 trillion would be used for expansion but he is not looking for money. He only wants Nigerians to have a part of the company. And 2 trillion is the kind of loan he can get from one mid sized Nigerian Bank without stress. His profit for half year 2026 is more than the IPO size.

So what's wrong in giving ordinary Nigerians a share in a local company? Is this something new? ... or common abroad? .. My beef is Exxon Mobil ... Shell etc all have shareholders ... been extracting Nigerian oil to benefit foreign shareholders ... we have no issue with that. But now the local man is giving locals the opportunity... we have a problem with him... it's not in our interest or to our benefit.

duro4chang:
I no go buy any stock. The Union Bank shares I bought in 2005 or 2006 with 40,000 Naira is still around 12,000 naira today. I wasted money .At the same time I bought Citizens Bank shares. Sanusi came and closed the bank down and that was the end. Nothing for the shareholders. I bought Daar Communication shares, the value today is as useless as tissue paper. I bought Skye Bank shares, Polaris took over. Nothing for the shareholders. That was between 2006and 2010. I spent around 120,000 Naira on share and here I am today.

The problem with Nigeria is the invest and go to sleep.

Rule 1 invest and watch it closely
Rule 2 Don't forget rule 1

EmekaBlue:
He go use gullible Nigerians become Elon musk everywhere Dangote IPO u go dey hear. Nigerians just like what's trending to follow without good confirmation

Do you remember when GTCO was hawking orange?

It made headlines in nairaland then about the disturbance and publicity.

Go check how it’s going…..

NGArmyTerrorist:
They're illiterate interlopers claiming to know it all. They don't know that being a Preference shareholder doesn't give you any right and you don't have a say or being part of decision makers in the company. If you engage them now, they will result in insulting you. So let them wallow in their f000lkshness and they can be arrested if they harass any driver. Again, Dangote is just using this avenue to raise money to sponsor a politician come 2027.

Could please point your claims from the prospectus?

I disagree, why is he building another refinery? You are correct with the type of the shareholder they are, they only need your money and nothing more. The Oil industry will still be very relevant years to come, PMS is not the only product from oil. The war will birth a solution to transportation not oil.
However, the shares may be over priced, the private placement might have profit some set of people.

MrFly:
I knew it, a selfish Dangote can never act in the masses interest. I bought shares in Dangote flour more than 15 years ago yet no substantial increase nor dividends.. I dodged a bullet this time

Kindly reach out to your stock broker.

Na you be d proper olooodo if you don't know those boys calling 'Dangote' are merely catching cruise which is typical of us, Nigerians.

dmexy33:
I have been a broker, a financial adviser and a Financial technology expert for more than a decade, I was very disappointed to see everyone buying DANGOTE REFINERY IPO and nobody, not even one expert in the field spoke on the implications of owning a share in the IPO.

DANGOTE has read the handwriting on the wall so the decided to go public with his refinery IPO. Now let's look at the reality on ground:

1. Why is DANGOTE going public with the IPO?
I know it is hard to believe but you must understand that after the second world War and the formation of OPEC, The global CRUDE OIL supply became an international product i.e the price of a barrel of crude oil in Saudi or Iran or Venezuela will be the same with the Price of a Barrel of CRUDE OIL in Nigeria. Sometimes there are slight differentials in price but the difference is never more or less above or below $20. So with the war raging in the middle east and has driven the price of CRUDE OIL to over $120/barrel, Fuel at the pump has become more expensive and the war will not stop anytime soon and there is a possibility that we will experience an energy crisis due to fuel being very expensive and unaffordable. There is a possibility that a barrel of CRUDE OIL will hit $500/barrel in 3-4yrs. This is part of the process of phrasing out fossil fuel i.e petrol from being used globally like was done in China and being implemented in the UK. So DANGOTE has read the handwriting on the wall and decided to sell the Petrol refinery to the Nigeria people who ignorantly and blindly rushed it without thinking. Olodo uprising indeed.

2. Will you make profit from the buying into the DANGOTE IPO?
Yes, of course you will. But this is how it will happen; Due to exchange rate differentials, since the war in the middle east and Ukraine_Russia isn't ending anytime soon, it is projected that oil price will continue to go up hence, as oil prices skyrocket and the price of refined oil i.e Fuel at the pumps also continues to rise, you can expect you shares in DANGOTE REFINERY to continue to go up. Basically, as DANGOTE REFINERY SHARES PRICE goes up, cost of living for NIGERIANS WILL GO UP.

3. I see all these content creators and even other Nigerians talking about how they are monitoring DANGOTE trucks and calling DANGOTE, etc
All I have to say is that 99% of Nigerians are olodos. Go and read the agreement, find out what kind of share holder you are and stop disgracing yourselves. When you buy shares in the Dangote Refinery IPO, you become a part-owner of the company, but your role is strictly hands-off. You have no say in the day to day running of the company. #olodouprising.

dmexy33:
I have been a broker, a financial adviser and a Financial technology expert for more than a decade, I was very disappointed to see everyone buying DANGOTE REFINERY IPO and nobody, not even one expert in the field spoke on the implications of owning a share in the IPO.

DANGOTE has read the handwriting on the wall so the decided to go public with his refinery IPO. Now let's look at the reality on ground:

1. Why is DANGOTE going public with the IPO?
I know it is hard to believe but you must understand that after the second world War and the formation of OPEC, The global CRUDE OIL supply became an international product i.e the price of a barrel of crude oil in Saudi or Iran or Venezuela will be the same with the Price of a Barrel of CRUDE OIL in Nigeria. Sometimes there are slight differentials in price but the difference is never more or less above or below $20. So with the war raging in the middle east and has driven the price of CRUDE OIL to over $120/barrel, Fuel at the pump has become more expensive and the war will not stop anytime soon and there is a possibility that we will experience an energy crisis due to fuel being very expensive and unaffordable. There is a possibility that a barrel of CRUDE OIL will hit $500/barrel in 3-4yrs. This is part of the process of phrasing out fossil fuel i.e petrol from being used globally like was done in China and being implemented in the UK. So DANGOTE has read the handwriting on the wall and decided to sell the Petrol refinery to the Nigeria people who ignorantly and blindly rushed it without thinking. Olodo uprising indeed.

2. Will you make profit from the buying into the DANGOTE IPO?
Yes, of course you will. But this is how it will happen; Due to exchange rate differentials, since the war in the middle east and Ukraine_Russia isn't ending anytime soon, it is projected that oil price will continue to go up hence, as oil prices skyrocket and the price of refined oil i.e Fuel at the pumps also continues to rise, you can expect you shares in DANGOTE REFINERY to continue to go up. Basically, as DANGOTE REFINERY SHARES PRICE goes up, cost of living for NIGERIANS WILL GO UP.

3. I see all these content creators and even other Nigerians talking about how they are monitoring DANGOTE trucks and calling DANGOTE, etc
All I have to say is that 99% of Nigerians are olodos. Go and read the agreement, find out what kind of share holder you are and stop disgracing yourselves. When you buy shares in the Dangote Refinery IPO, you become a part-owner of the company, but your role is strictly hands-off. You have no say in the day to day running of the company. #olodouprising.

What did you spend a decade doing, losing people's money? Because yours is one big asinine take.

The Dangote Group still owns almost 90% of the refinery yet you're claiming he dumped it on Nigerians.

SpaceX is the biggest IPO but sold off only about 5% of its total equity, and that's a company that's losing money hand over fist with its poor fundamentals and questionable total addressable market. IPOs don't mean dumping to the public, it's simply a way to raise money for growth.

Clearly you're not even a half-baked finance expert, you're barely toasted on one side.

dmexy33:
I have been a broker, a financial adviser and a Financial technology expert for more than a decade, I was very disappointed to see everyone buying DANGOTE REFINERY IPO and nobody, not even one expert in the field spoke on the implications of owning a share in the IPO.

DANGOTE has read the handwriting on the wall so the decided to go public with his refinery IPO. Now let's look at the reality on ground:

1. Why is DANGOTE going public with the IPO?
I know it is hard to believe but you must understand that after the second world War and the formation of OPEC, The global CRUDE OIL supply became an international product i.e the price of a barrel of crude oil in Saudi or Iran or Venezuela will be the same with the Price of a Barrel of CRUDE OIL in Nigeria. Sometimes there are slight differentials in price but the difference is never more or less above or below $20. So with the war raging in the middle east and has driven the price of CRUDE OIL to over $120/barrel, Fuel at the pump has become more expensive and the war will not stop anytime soon and there is a possibility that we will experience an energy crisis due to fuel being very expensive and unaffordable. There is a possibility that a barrel of CRUDE OIL will hit $500/barrel in 3-4yrs. This is part of the process of phrasing out fossil fuel i.e petrol from being used globally like was done in China and being implemented in the UK. So DANGOTE has read the handwriting on the wall and decided to sell the Petrol refinery to the Nigeria people who ignorantly and blindly rushed it without thinking. Olodo uprising indeed.

2. Will you make profit from the buying into the DANGOTE IPO?
Yes, of course you will. But this is how it will happen; Due to exchange rate differentials, since the war in the middle east and Ukraine_Russia isn't ending anytime soon, it is projected that oil price will continue to go up hence, as oil prices skyrocket and the price of refined oil i.e Fuel at the pumps also continues to rise, you can expect you shares in DANGOTE REFINERY to continue to go up. Basically, as DANGOTE REFINERY SHARES PRICE goes up, cost of living for NIGERIANS WILL GO UP.

3. I see all these content creators and even other Nigerians talking about how they are monitoring DANGOTE trucks and calling DANGOTE, etc
All I have to say is that 99% of Nigerians are olodos. Go and read the agreement, find out what kind of share holder you are and stop disgracing yourselves. When you buy shares in the Dangote Refinery IPO, you become a part-owner of the company, but your role is strictly hands-off. You have no say in the day to day running of the company. #olodouprising.

LoLz. Oga be calming down. The IPO is projected to raise $1.2billion which is less than 10% of the $20billion it cost to build the refinery. So NO Dangote is not selling off his refinery to unsuspecting Nigerians. What he has done instead is offload some of the liability for the next expansion phase (which is projected to cost $14.3billion) so that his total liability reduces.

Also this half year has seen record profits for the refinery which means the war has actually been "good" for the business.

IPO is a source of cheap funds from the General public because it is zero interest rate. Imagine the interest rate if Dangote was to borrow the money from banks.

Dividend from an IPO even if the share price goes up , is dependent on the profit declared by the company.

This is a senseless assertion.

He never sold the refinery to anyone. Instead, he is using the investmen to scale the operation.

You said something about diversification from fossils.

Even if that is partly correct, it will take at least 10 or 20 years, maybe more before that happens in developed country. And maybe another 100 years in Nigeria or Africa.

The refinery is yet to supply Nigeria's demand for crude products not to talk of Africa.

You claim to be a financial expert like you are Wareen Buffet. What an idiot. Please get your facts right before opening you mouth.
Nigerians are not gullible, the just grabbed an opportunity presented to them.

dmexy33:
I have been a broker, a financial adviser and a Financial technology expert for more than a decade, I was very disappointed to see everyone buying DANGOTE REFINERY IPO and nobody, not even one expert in the field spoke on the implications of owning a share in the IPO.

DANGOTE has read the handwriting on the wall so the decided to go public with his refinery IPO. Now let's look at the reality on ground:

1. Why is DANGOTE going public with the IPO?
I know it is hard to believe but you must understand that after the second world War and the formation of OPEC, The global CRUDE OIL supply became an international product i.e the price of a barrel of crude oil in Saudi or Iran or Venezuela will be the same with the Price of a Barrel of CRUDE OIL in Nigeria. Sometimes there are slight differentials in price but the difference is never more or less above or below $20. So with the war raging in the middle east and has driven the price of CRUDE OIL to over $120/barrel, Fuel at the pump has become more expensive and the war will not stop anytime soon and there is a possibility that we will experience an energy crisis due to fuel being very expensive and unaffordable. There is a possibility that a barrel of CRUDE OIL will hit $500/barrel in 3-4yrs. This is part of the process of phrasing out fossil fuel i.e petrol from being used globally like was done in China and being implemented in the UK. So DANGOTE has read the handwriting on the wall and decided to sell the Petrol refinery to the Nigeria people who ignorantly and blindly rushed it without thinking. Olodo uprising indeed.

2. Will you make profit from the buying into the DANGOTE IPO?
Yes, of course you will. But this is how it will happen; Due to exchange rate differentials, since the war in the middle east and Ukraine_Russia isn't ending anytime soon, it is projected that oil price will continue to go up hence, as oil prices skyrocket and the price of refined oil i.e Fuel at the pumps also continues to rise, you can expect you shares in DANGOTE REFINERY to continue to go up. Basically, as DANGOTE REFINERY SHARES PRICE goes up, cost of living for NIGERIANS WILL GO UP.

3. I see all these content creators and even other Nigerians talking about how they are monitoring DANGOTE trucks and calling DANGOTE, etc
All I have to say is that 99% of Nigerians are olodos. Go and read the agreement, find out what kind of share holder you are and stop disgracing yourselves. When you buy shares in the Dangote Refinery IPO, you become a part-owner of the company, but your role is strictly hands-off. You have no say in the day to day running of the company. #olodouprising.

I wonder oo.

Please educate him

Neoteny:
What did you spend a decade doing, losing people's money? Because yours is one big asinine take.

The Dangote Group still owns almost 90% of the refinery yet you're claiming he dumped it on Nigerians.

SpaceX is the biggest IPO but sold off only about 5% of its total equity, and that's a company that's losing money hand over fist with its poor fundamentals and questionable total addressable market. IPOs don't mean dumping to the public, it's simply a way to raise money for growth.

Clearly you're not even a half-baked finance expert, you're barely toasted on one side.

mank1234:
This untoldtruth as told by you, can you point us to your source?

I read it in The Weekly Trust physical newspaper, I've searched for the headline online but there doesn't seem to be an online newspaper archive in Nigeria, but that article even detailed all the loans he got to finance that refinery, I was shocked that he took loans to run the thing sef

OAkanni001:
Concerning your title, anybody can claim to be whatever but the fact is do you have what it takes to back up your claim?

My problem with you is your choice of word by calling others " Olodo"

I never claimed refining other derivates from crude oil to be Dangote's Comparative Advantage. If you could read between the line, you will understand that I'm trying to speak about the diversed revenue streams available to the refinery beyond petrol just like any other refineries in the world.

Secondly, Your point does not in anyway hold water because you're speaking as if Dangote refinery sells to only Nigerians. It's an international firm for crying out loud which means it can source for crude oil beyond Nigeria and sell it outside the shores of Nigeria while still making profit.

Moreover, the company is a major asset to Nigeria because it's a source of FOREX earning. It currently source 60% of its crude from Nigeria, refines it, then sell to the local market and overseas thereby attracting dollars into the economy which will also keep the exchange rate stabilized and strengthen the naira. So it is a blessing to Nigerians not a curse.

NNPC currently sells to Dangote in Naira under the naira-for-crude agreement so it shows you're divorced from reality. Every businesses is established to make a profit so why should Dangote become Santa Claus aka Nigerian Messiah?

If not for the refinery, do you know the kind of trouble Nigeria will have been considering the crises in the Middle East if we were still importing finished products?

The blame should be on your government to stop favouring the refinery "if such exists" and also incentivize other players to establish their own refineries so as to foster competition which will create a market where prices are driven by market forces.

Most of what I mentioned up there are Nigerians and their leaders' headache. As an investor, you are less concerned about that.

On your third point, You just keep making a mockery of yourself. I acknowledged that there is a massive push towards green and alternative energy across the globe but it won't happen overnight, it is a multi decade transition.

Those refineries closed down due to war in the middle East and co is a big advantage to Dangote based on the law of supply and demand. The Europe and The UK are recent market which the refinery is currently exploring.

I repeat Dangote is currently planning to open another refinery in East Africa. Are you telling me that he is blind from market realities or the numerous experts and investors backing him are not seeing the handwriting on the wall?

You said and I quote "China has completed phased it out" with reference to crude. Do you mean the same China currently been hit by the soaring oil prices too according to Al Jazeera and kpler or there is another China elsewhere?

I agrred that the demand for petrol has been weakened. That does not mean it has completely been phased out. They need other derivatives for aviation, heavy transport and other petrochemical allied industries.

I need to reiterate this once more, petrol contribute 42.5% to the company's revenue according to the IPO record. That means that the company has other source of revenue beyond petrol and I can tell you that they are prepared for a world where the world move beyond petrol.

On a final note because I won't keep engaging you anymore, if your concern is that many Nigerians investing did not do diligence research before investing, does not understand what they are investing in and they just jump on the wagon for fear of missing out, your concerns will be valid.

But portraying it as if Dangote is trying to see Nigerians as his escape plan from "an investment gone wrong" type shii or he is trying to operate something similar to a ponzi, is a wrong assertion.

Also, branding Nigerians who choose to invest or promote the company IPO as "olodo" Is too much of a statement to make.

You can have issues that are unclear to you or you disagree with, it fine to put it out there, engage in intellectual discussions on a forum like this rather than label the other party as ignorant on a matter you hold half baked knowledge about.

Thanks for the explanation. I learned a lot from your replies. Kindly advise, to what extent should one invest in the Dangote IPO

dmexy33:
Every refinery is an integrated petrochemical complex meaning that as it refines for petro, there are other byproduct comes out before petrol which are useful in making other products like clothes, fertilizer, etc does dangote have the comparative advantage to delve into clothes or fertilizer production?

For Dangote refinery to make money, putting into consideration foreign exchange rates, the refinery makes more profit when the cost of fuel at the pumps go up. Let's assume the price of CRUDE OIL goes from $100 to $120 the refinery will buy crude oil from the FG/NNPC at $120, refine it and sell it at a more expensive price.

And there IS NO DOUBT THAT DANGOTE REFINERY IS USELESS AS FUEL IS BEING PHASED OUT GLOBALLY, many countries in the middle east are losing their refineries to war, same applies to RUSSIA/Ukraine, China has completed phased it out, UK & Europe and US are phasing it out gradually. The refinery will eventually become useless.

It's seems youare more angry that I am a BROKER AND FINTECH EXPERT 😂😂😂😂🤣🤣🤣🤣

how do you conclude usa is phasing out refinery when trump is planning to build a new 168,000 bpd refinery in Texas.

OAkanni001:
Like I said, I don't wish to engage you anymore but I will do it this last time.

You keep repeating the same flawed narrative and dressing it up as financial wisdom.

1. On your claim that oil is an international product with uniform pricing and that shareholders can only make real money if crude keeps skyrocketing

Nobody disputes that crude oil is globally priced with minor differentials. What you conveniently ignore is that a refinery does not make its money solely from the absolute price of crude. It makes money from refining margins, the difference between the cost of crude and the selling price of the finished products.

Dangote Refinery is already selling petrol, diesel, jet fuel, LPG and petrochemicals both locally and internationally. Higher crude prices raise product prices, but the company still captures the margin.

Petrol is one of their major revenue stream but it is not the only thing being produced. They can easily diversify their revenue source and the reason petrol is the highest is because it is based on demand.

Modern refining plants are specifically engineered and optimized to maximize production of certain derivatives, some are optimized for Petrol while others are configured to prioritize diesel or jet fuel based on what is most profitable or requested by the market.

Your assertion that shareholders only profit when petrol becomes extremely expensive is simply not how refining economics work.


2. Your China claim is still wrong.

China has not “completely phased out petrol cars.” Electric vehicles are growing rapidly and have reduced petrol demand, but petrol and diesel vehicles are still on Chinese roads in large numbers. The same applies to the UK congestion charges and America’s gradual EV adoption.

China's Hainan plans to ban sales of fuel cars by 2030: https://www. chinadaily. com.cn/a/202607/14/WS6a55f6d4a310986e2b46535a.html

The above is a reputable news outlet announcing a plan by a major city in China to ban sales by 2030 not even the use of petrol cars.

Now quote your source on the outright ban.

Secondly, to phase out petrol cars, I don't understand your "unaffordable" that could eventually lead to a global energy crisis like you predicted.

But I know to discourage the use of petrol cars, government will either place an outright ban making it usage illegal or adopt a less strict approach by increasing tax and tariff to discourage citizens from using them. Those two measures can't lead to energy crisis.

3. On the cost of living argument:

There is still no automatic one-to-one relationship between Dangote Refinery’s share price or dividends and the cost of living for every Nigerian. Living costs are driven by exchange rates, fiscal policy, logistics, multiple taxes, and government decisions not solely by one company’s performance.

So, if you have a good government with solid economic plans to improve the welfare of Nigerians, the shareholder gains while that does not stops the economy from growth and development.

Infact if the refinery reduces Nigeria’s fuel import bill and earns foreign exchange, that is a net positive for the economy, not a curse.
Your 50k-to-500k example with petrol at 10k per litre is pure speculation designed to scare people.

You cannot invent extreme future prices and then declare that any investment gain is automatically wiped out. That is not forecasting; that is fear-mongering. Real financial analysis weighs actual refining margins, product mix, export potential, and the company’s expansion plans, not worst-case scare stories.

Your repeated claim that the only path to shareholder profit is an unaffordable fuel crisis is not supported by how modern refining actually operates and whether he released the shares to the general public or not, his refinery existed already so the IPO does not make much difference as it is less than 4% of the company valuation.


4. On calling Nigerians “olodo”:
You are free to criticise poor research or bandwagon investing. Many people do jump into IPOs without proper due diligence. That does not give you the right to brand an entire group of investors as fools simply because they chose to participate in a legitimate company offering. We've got institutional investors who partook in the exercise. Are you claiming they don't know what they are doing?

I'm done with ya!

coming to tell us usa is phasing out refinery when trump is planning to build a new refinery, is something else.

How is buying shares makes people gullible. Is it Dangote the only listed company people have bought shares from? Everybody sha wants to form financial expert on top Dangote refinery shares.

People in this country are funny o

A man uses his hard earned money to buy shares

See as body dey pepper people for another person money

Is it your money

If you say u nor wan invest, then dey ur side nau

See me see wahala o

OAkanni001:
Mr. Broker and Fintech Expert,

You just confidently spew gibberish up there and you even went ahead tagging people as olodo when it is so glaring that reverse is the case.

I did not and do not intend to buy shares in the Dangote Refinery for personal reasons. That does not mean those who choose to invest are gullible. But nonetheless I will give reasons why you're wrong.

1. On the claim that Dangote's investment is poorly timed because the world is moving away from petrol, Your point is flawed because it overlooks the fact that the Dangote Refinery is an integrated petrochemical complex, not a pure petrol plant.

In addition to gasoline, it produces jet fuel for aviation, LPG for households, asphalt for construction, and petrochemical feedstocks for plastics and other industries.

Do you think an experienced industrialist of Aliko Dangote’s track record won't consider market trends?

Global oil demand forecasts from OPEC, EIA, and others all point to continued demand or modest decline not outright phase out that you as an armchair expert just predicted.

2. Your submission that an increase in Dangote refinery share price will result to an increase in cost of living cannot be verified substantially because there is no direct, automatic link between the refinery’s share price and Nigerian living costs. Living costs are influenced by many factors such as exchange rates, fiscal policy, logistics, taxes, and global commodity prices.

It is the job of the government to protect its citizens from economic shocks that might result from global changes in oil prices through subsides and other economic measures as done in other countries.

The two variables do not correlate in any way.

3. That shows that you don't understand Nigerians enough to know that those content are just cruise.

concerning the nature of agreement, it is called passive investment and it is a standard passive equity ownership common worldwide.

it is allows the entrepreneur, management or controlling shareholder to execute strategy without excessive bureaucracy While giving investors access to the company financial benefits.

Investors in such companies trust the founders based on previous track records. Take for instance, investing in Elon Musk's SpaceX and Dangote refinery.


So, to cap it all, before you go about calling people olodo, ensure that you have sufficient knowledge on the matter because all I see is you publicly exposing your ignorance.

Thanks for your attention to this matter.

If you have Opay, keep using it. I love ❤ u for this write up.

2

dmexy33:
I have been a broker, a financial adviser and a Financial technology expert for more than a decade, I was very disappointed to see everyone buying DANGOTE REFINERY IPO and nobody, not even one expert in the field spoke on the implications of owning a share in the IPO.

DANGOTE has read the handwriting on the wall so the decided to go public with his refinery IPO. Now let's look at the reality on ground:

1. Why is DANGOTE going public with the IPO?
I know it is hard to believe but you must understand that after the second world War and the formation of OPEC, The global CRUDE OIL supply became an international product i.e the price of a barrel of crude oil in Saudi or Iran or Venezuela will be the same with the Price of a Barrel of CRUDE OIL in Nigeria. Sometimes there are slight differentials in price but the difference is never more or less above or below $20. So with the war raging in the middle east and has driven the price of CRUDE OIL to over $120/barrel, Fuel at the pump has become more expensive and the war will not stop anytime soon and there is a possibility that we will experience an energy crisis due to fuel being very expensive and unaffordable. There is a possibility that a barrel of CRUDE OIL will hit $500/barrel in 3-4yrs. This is part of the process of phrasing out fossil fuel i.e petrol from being used globally like was done in China and being implemented in the UK. So DANGOTE has read the handwriting on the wall and decided to sell the Petrol refinery to the Nigeria people who ignorantly and blindly rushed it without thinking. Olodo uprising indeed.

2. Will you make profit from the buying into the DANGOTE IPO?
Yes, of course you will. But this is how it will happen; Due to exchange rate differentials, since the war in the middle east and Ukraine_Russia isn't ending anytime soon, it is projected that oil price will continue to go up hence, as oil prices skyrocket and the price of refined oil i.e Fuel at the pumps also continues to rise, you can expect you shares in DANGOTE REFINERY to continue to go up. Basically, as DANGOTE REFINERY SHARES PRICE goes up, cost of living for NIGERIANS WILL GO UP.

3. I see all these content creators and even other Nigerians talking about how they are monitoring DANGOTE trucks and calling DANGOTE, etc
All I have to say is that 99% of Nigerians are olodos. Go and read the agreement, find out what kind of share holder you are and stop disgracing yourselves. When you buy shares in the Dangote Refinery IPO, you become a part-owner of the company, but your role is strictly hands-off. You have no say in the day to day running of the company. #olodouprising.

This Internet has given everyone who has 10GB of data to spew any putrid junk. Calling people Olodo whilst you are the slowpoke

First do you even know that Dangote IPO is exactly 3.3% of the total shares capital of the Company. So when you say he sold his refinery to gullible Nigerians you are really sounding ridiculous for someone who calls himself a financial expert.
Secondly the energy crisis in Europe has revealed the weaknesses and vulnerabilities in basing their energy security strategy on renewable energy sources. That's the reason why the price of oil and gas is rising cos of demand. At least you should know basic Economics.

At least you correctly summised that the share price of Dangote Refinanery will rise so investors will get a return on their investment.

Next time,when you want to post cross check your opinion at least with any free AI.tool.

dmexy33:
I have been a broker, a financial adviser and a Financial technology expert for more than a decade, I was very disappointed to see everyone buying DANGOTE REFINERY IPO and nobody, not even one expert in the field spoke on the implications of owning a share in the IPO.

DANGOTE has read the handwriting on the wall so the decided to go public with his refinery IPO. Now let's look at the reality on ground:

1. Why is DANGOTE going public with the IPO?
I know it is hard to believe but you must understand that after the second world War and the formation of OPEC, The global CRUDE OIL supply became an international product i.e the price of a barrel of crude oil in Saudi or Iran or Venezuela will be the same with the Price of a Barrel of CRUDE OIL in Nigeria. Sometimes there are slight differentials in price but the difference is never more or less above or below $20. So with the war raging in the middle east and has driven the price of CRUDE OIL to over $120/barrel, Fuel at the pump has become more expensive and the war will not stop anytime soon and there is a possibility that we will experience an energy crisis due to fuel being very expensive and unaffordable. There is a possibility that a barrel of CRUDE OIL will hit $500/barrel in 3-4yrs. This is part of the process of phrasing out fossil fuel i.e petrol from being used globally like was done in China and being implemented in the UK. So DANGOTE has read the handwriting on the wall and decided to sell the Petrol refinery to the Nigeria people who ignorantly and blindly rushed it without thinking. Olodo uprising indeed.

2. Will you make profit from the buying into the DANGOTE IPO?
Yes, of course you will. But this is how it will happen; Due to exchange rate differentials, since the war in the middle east and Ukraine_Russia isn't ending anytime soon, it is projected that oil price will continue to go up hence, as oil prices skyrocket and the price of refined oil i.e Fuel at the pumps also continues to rise, you can expect you shares in DANGOTE REFINERY to continue to go up. Basically, as DANGOTE REFINERY SHARES PRICE goes up, cost of living for NIGERIANS WILL GO UP.

3. I see all these content creators and even other Nigerians talking about how they are monitoring DANGOTE trucks and calling DANGOTE, etc
All I have to say is that 99% of Nigerians are olodos. Go and read the agreement, find out what kind of share holder you are and stop disgracing yourselves. When you buy shares in the Dangote Refinery IPO, you become a part-owner of the company, but your role is strictly hands-off. You have no say in the day to day running of the company. #olodouprising.

I'm angry they're not dragging you enough for this rubbish you wrote here. You're not a broker at all. Everything you wrote here is just rubbish and lacks depth

dmexy33:
I have been a broker, a financial adviser and a Financial technology expert for more than a decade, I was very disappointed to see everyone buying DANGOTE REFINERY IPO and nobody, not even one expert in the field spoke on the implications of owning a share in the IPO.

DANGOTE has read the handwriting on the wall so the decided to go public with his refinery IPO. Now let's look at the reality on ground:

1. Why is DANGOTE going public with the IPO?
I know it is hard to believe but you must understand that after the second world War and the formation of OPEC, The global CRUDE OIL supply became an international product i.e the price of a barrel of crude oil in Saudi or Iran or Venezuela will be the same with the Price of a Barrel of CRUDE OIL in Nigeria. Sometimes there are slight differentials in price but the difference is never more or less above or below $20. So with the war raging in the middle east and has driven the price of CRUDE OIL to over $120/barrel, Fuel at the pump has become more expensive and the war will not stop anytime soon and there is a possibility that we will experience an energy crisis due to fuel being very expensive and unaffordable. There is a possibility that a barrel of CRUDE OIL will hit $500/barrel in 3-4yrs. This is part of the process of phrasing out fossil fuel i.e petrol from being used globally like was done in China and being implemented in the UK. So DANGOTE has read the handwriting on the wall and decided to sell the Petrol refinery to the Nigeria people who ignorantly and blindly rushed it without thinking. Olodo uprising indeed.

2. Will you make profit from the buying into the DANGOTE IPO?
Yes, of course you will. But this is how it will happen; Due to exchange rate differentials, since the war in the middle east and Ukraine_Russia isn't ending anytime soon, it is projected that oil price will continue to go up hence, as oil prices skyrocket and the price of refined oil i.e Fuel at the pumps also continues to rise, you can expect you shares in DANGOTE REFINERY to continue to go up. Basically, as DANGOTE REFINERY SHARES PRICE goes up, cost of living for NIGERIANS WILL GO UP.

3. I see all these content creators and even other Nigerians talking about how they are monitoring DANGOTE trucks and calling DANGOTE, etc
All I have to say is that 99% of Nigerians are olodos. Go and read the agreement, find out what kind of share holder you are and stop disgracing yourselves. When you buy shares in the Dangote Refinery IPO, you become a part-owner of the company, but your role is strictly hands-off. You have no say in the day to day running of the company. #olodouprising.

I agree that dangote stocks are trash but your write up is a bigger trash. You trying too hard to sound intelligent but so ignorant. China phase out fossil fuel and barrel getting to $500 internationally? 😂. Anyway there will be ignorant people that will think you are making sense

smartkester:
I'm angry they're not dragging you enough for this rubbish you wrote here. You're not a broker at all. Everything you wrote here is just rubbish and lacks depth

absolute rubbish. He is one of those people that try to sound intelligent but knows nothing

serious war between OAkanni001 & Dmexy33

SEGLIZ:
how do you conclude usa is phasing out refinery when trump is planning to build a new 168,000 bpd refinery in Texas.

coming to tell us usa is phasing out refinery when trump is planning to build a new refinery, is something else.

don't mind him. USA starting one of the biggest oil production in Venezuela soon and he is here talking trash

LordReed:
LoLz. Oga be calming down. The IPO is projected to raise $1.2billion which is less than 10% of the $20billion it cost to build the refinery. So NO Dangote is not selling off his refinery to unsuspecting Nigerians. What he has done instead is offload some of the liability for the next expansion phase (which is projected to cost $14.3billion) so that his total liability reduces.

Also this half year has seen record profits for the refinery which means the war has actually been "good" for the business.

his writeup was filled with nonsense and misinformation

You wîcked

mankan2k7:
If you have Opay, keep using it. I love ❤ u for this write up.

emperor4love:
there will be election next year which might affect this investment, secondly,what every one think is profit profit, forgetting this said man is sharing his risk as well,and some thing share is just skyrocket get rich ponzi schemes the do all time,and another thing is,have dangote offset his loan lastly

Election will affect investment? Guy are you reasoning at all?

See who is talking about Dangote offsetting loan.

You obviously don't know anything about shares. Please go and learn before you spew thrash in public space

Bro I let it slide.... In life what u lose can't be compared to your gains

Hamachi:
Kindly reach out to your stock broker.

Hamachi:
The problem with Nigeria is the invest and go to sleep.

Rule 1 invest and watch it closely
Rule 2 Don't forget rule 1

So I should go and sit down in their offices abi? Just watch immediately after the sale of this Dangote shares, the value will go down yakata and it may not rise up to the value you bought it again for years.