Raider76's Posts
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Who no wan beta tin? Nigerian government playing local politics and conflict of interest will watch this refinery fall into foreign control. chimex38: |
Chai. Looks like every YouTuber, stock analyst and TV financial broadcaster has turned into a valuer for Dangote Refinery. |
How many refineries around the world are 700,000 bpd size and 3yrs old? Please mention them, their OS and share price. Rubyjade: |
Lol. Convert the price of 525 to $ at N1,400/$. The 120b OS will give a valuation of $45b. At this valuation if they were to say make the OS 20b, which is the type of OS we are used to, the share price will come to N3,150.00. With this the same people complaining that 120b OS is too high will say they are being priced out. So Alhaji really wants the common man to have a shot at owning pieces of the refinery. But Alhaji may also be targeting something in return. Imagine the price moves to N1500 in 2yrs. He will be worth over $100b on the Forbes billionaire list. Stockhunter: |
Nigeria's Dangote says refinery IPO to open within days https://www.reuters.com/business/energy/nigerias-dangote-says-refinery-ipo-open-within-days-2026-09-03/ elengine: |
Where Seplat? Ocallen: |
I think he should emulate Alhaji's management style. That is be as honest and transparent as possible, hire the best you can afford from home and abroad, and achieve results so people and institutions will want invest in your companies. Streetinvestor2: |
They need to pump it back to the RI price of 50. toyeoye: |
Another African Country wants in on Dangote’s $16 billion refinery https://africa.businessinsider.com/local/markets/another-african-country-wants-in-on-dangotes-dollar16-billion-refinery/9n4kp0f |
Looks like AVACAP will have a support at N7 as I predicted. |
I don't know why such people are politics. That's why they can't reach Dangote level. Itzlinda: |
Dangote East African Refinery https://www.bloomberg.com/news/articles/2026-08-21/dangote-offers-east-african-nations-30-stake-in-new-refinery |
Wale on X https://x.com/i/status/2090089111210090906 Twenty years ago, when we listed Oando on the Johannesburg Stock Exchange, we were told what would be required of us. Adopt IFRS. Build a board with independent directors who could tell the founder "no". Get on a plane and explain ourselves, quarter after quarter, to people who had never set foot in Lagos. It was uncomfortable. It was also the most valuable thing we ever did to ourselves. I returned to that experience in London at the Royal African Society's (@royafrisoc) discussion on the next 125 years of mining, oil and gas in Africa, where I was asked what African companies need in order to scale. The answer begins at home. Much of African enterprise started out fractured; family-held, informally governed, structurally invisible to anyone underwriting a twenty-year risk. Global capital hesitates over what it cannot examine. Governance, hence, is more than a compliance exercise. It is the instrument that makes a company legible to the world. The second half of the answer sits with the world. When European lenders withdrew from African hydrocarbons in pursuit of their own net zero commitments, they did not end demand for African energy. They ended their participation in it. African institutions stepped into that space. Afreximbank is now the largest financier of oil and gas on this continent, with more than twenty-five billion dollars committed. We have done the harder work of making ourselves investable. What doesn't get financed doesn't get built, and there is a great deal still to build here, for those willing to build it with us. |
I appreciate your concern. But in this case there is a law which makes it mandatory to recapitalise by July 31 2026. In effect any insurance company that does not comply by that date will be illegally conducting business. NIACOM has no power to extend the deadline. These companies were given time to comply. If we want to be law abiding country these companies should be closed by midnight July 31st. yMcy56: |
Capitalism is not soft hearted. But they can still sell their assets to other firms. faoogoke: |
Could be. Foreign investors do serious DD, they may not buy Oando shares. faoogoke: |
Maybe Oando's regulator is in heaven and is too busy to send down the approval. That resolution number 3.2 is so broad makes me wonder what business the company is actually in chimex38: |
AVACAP Looks like Myc's protest letters helped. |
SEC orders Nigerian capital market firms to cut North Korea, Iran ties https://nairametrics.com/2026/08/15/sec-orders-nigerian-capital-market-firms-to-cut-north-korea-iran-ties/#google_vignette |
Thanks. I thought the ticks remain unchanged. It may not really matter under competitive bidding conditions. chimex38: |
I have not seen this 1kobo increment rule change anywhere. Please help with the link. chimex38: |
Imagine if on Monday NGX say they are postponing the new rules implementation after so many have sold shares at a loss in readiness for the take off. I hope that does not happen. essentialone: |
Abi oo. Even if na goat you go buy you no go look hin bodi? sterlingD: |
Lol. Na by mouth they did the transaction? ![]() megawealth01: |
It may also find support at N7 going by end of day trading today. I am looking to do some quick scalping here. KarlTom: |
