₦airaland Forum

ositadima1:
Backward integration will take years and huge investment in land and produce, for now, importation of sugar is unavoidable.

Your fine prints are not even helping matters either.😂
This is unbelievably long.

With this battered naira, he'd have to rely on fx from that refinery. He just has to find that pipeline of fx.

Technically, we're importing sugar
Cost will remain high even to final consumers.

Locotrader:
Where is cornerstone making these billions from?

Imagine 24B naira profit

Aiico 12B profit

While I praise all these insurance stocks,this time around I give it to prestige

Prestige is another veritas kapital.

Let's see how far it will get to.

I once said "insurance will be insuring". It goes with the proposed economy. Also, their has been a surge in number of health insurance acquisition(Just one product). I think 2*million now. That number is still poor for a population of ~200m.
Go an get an Insurance cover if you dont have one, btw !!

BullBearMkt:
Increase in price of raw material - sugar, labour and freight expenses might have a toll on DangSugar's profitability. The coy's revenue YoY increase of about 56.4%. Alhj should find ways to address these high operational costs. Probably all attentions are on the Dangote Oil refinery now

That DS journey will be long o. Sugar doesn't take a year to grow sha... Backward integration should be yielding fruit soon, except for security reasons(if existing).

emmanuelewumi:
Have you guys seen GTB result?

Sources say 1trillion net profit in 9 months

Uncle Tee is currently hawking at the market square

OakPearl:
Analogue brokers clients may be selling down thinking they are booking profits from the unchanged quantity with post reconstruction price.
Wahala!

Lol. They should continue please. Pa Emma said it was a single digit stock. I am waiting at the single digit equivalent post reconstruction 😂

Waste of time. Either they stop electing useless heads or find competent administrators. No more Quilox money for Zamfara and the likes.

onuku:
My people, please what is going on with TRANSCORP? Last year I checked, it was N1.98. What is the current price? I bought 250K units then at N1.98.

Thank you.

👍
Please keep checking every year.

Willie2015:
I entered at N19...
It should scale N27 comfortably

It's always a waiting game 😌

megawealth01:
Hope you bought ACCESS when I was shouting for people to buy at 16/17? There are few list of my HONEST stock lists to buy just know which is for GAMBLES or INVESTMENT

If you did got into ACCESS at that bargain entry that's cool

Some of my picks are for GAMBLES (short lived) while some are for real INVESTMENT (dividends etc enjoyment). It's up to you to strike the huge differences as you know we all have to do our DD

First buy since covid. Topped up at circa 9.

megawealth01:
UNILEVER is one of my heavy buys at average entry of 14.98 almost 15

Many were even told to buy several here when it was as low as 16 or so

Everyone should put an eye on this COY

DYOR

Megawealth "true true no be nickname". It is actually a name

BullBearMkt:
UNILEVER IHITS A NEW 4-YEAR HIGH
After years of sellers battering the stock and a series of ranging prices, UNILEVER closed this week at a new 4-year high. Could this signal a positive outlook for Unilever Nigeria Plc after achieving 46% revenue growth in the first nine months of 2024?

PLAN YOUR TRADES AND TRADE YOUR PLANS

Let's say the minimum wage actually hits the account by this month ending . Kudos to those who grabbed and snatched it at circa 13-14. First FMCG to see light.

Agbalowomeri:
Omo learning and experiencing are two different things o. In this bull period, you will get away with so many jagajaga moves. When serious school fees hit you, you go shout I am a chosen😂

A bull market is like gambling and winning 80% of the time. Your adrenaline go pump to all time high. You would think it's your brilliance that's winning you streaks. Let's enjoy it while it lasts though.

There is an anomaly in the Nigerian market mainly caused by the banks. Inflation and high interest rates are supposed to bring the market down. However, our banks appear to be round-trip ping treasury bills and Forex. As long as the rates are high, maybe they can maintain this level but some are already showing weakness. I suspect that when the earning realities set in, banks will lead the bear, hopefully from Q1 next year.

Before then sha, I am expecting a violent Xmas bull to cap the bull. If it happens, to your tent O' Israel😂

More reason why we all need "a personal hedge fund" like a fixed income fund or proceeds from business to swoop in like a Knight in shiny armour😁.

I don do waiting Machine Learning dey call reinforcement learning well well from the Agba..s wey dey here . Hence, I carry my hands up when talking as a mark of respect. 🙌🏽

Japa-gold

365days perhaps.

Oando has been loud about everything else, but its AFS. Wo! shakara o'kpor!

gamaliel9:
Today i finally exited my long term analogue broker---let me not mention name but it has " Trust" to her name. Transfer my shares to another company, they sent forms, i filled them, with utility bill, nin, passport, signature confirmation, etc, still they did not transfer.... My strategy-- i sold all my shares with them...nonsense and ingredients....i instructed them to even sell at market price ...cscs promply sent all the sell alert. Toh...

I am waiting for T+3, hopefully my money should hit my bank account...or i escalate to SEC....

Please, post SEC address here to report them in case my money does not land on Tuesday or Wednesday. Toh

Load the toad ooo.. Turbo to the moon

Very yeye people. I went through it for over 4months trying to transfer someone's holdings. It will not hit your account on that day o. They'd post a cheque in like one week time and set the clearance date to 24hrs. Very mischievous! Trading with your money.

RodgersAkpafu:
limit orders is for their US positions
Not NGN

Oowwww. Now that's awful.

designking:
But the market has not presented ₦35 also Bamboo does not have an option for limit orders.

GeeKudi hello.....

Or you mean this option is not available for purchase of local stocks, cuz I don't use them for local purchase of stocks.

designking:
Here is one major issue with Bamboo app. They usually don't update their stocks' prices and when you try placing an order, they use the outdated price.

This morning, I tried placing a buy order for Dangsuga but Bamboo is quoting ₦35 per share to purchase Dangsuga when the market value is around ₦31.

They will execute the order at ₦35 and pocket the difference of ₦4.

To one guy who called Bamboo a "scam". Charges are high. No doubt, but when you continue to use Market Order to place a bid, you're going to get exactly what the market has presented- be it high or low. Rather, use a LIMIT Order option when you place a bid for a stock.

[quote author=Krisuba post=132539030][/quote]That's what many a few calls it a bet cum investment

A conversation between the oil folks.

SEPLAT: "ARADEL! Hold my beer. Men mount"

ARADEL: (carefully holds the beer and whispers "ARA a-gbala DEL oo" )

OANDO: (Smiles mischievously)

purity2all:
It seems, he is already getting headway on what he wants. Read the last part of the news item on this, on Nairametrics.

The defense counsel are already seeking an out-of-court settlement.

Yeah. I see.

ositadima1:
Here is a breakdown of the key points:

1. Dangote Refinery has filed a lawsuit against the Nigeria National Petroleum Corporation Limited (NNPC), Matrix Petroleum Services Limited, A. A. Rano Limited, and four other companies.

2. Dangote Refinery is seeking to void the import licenses of these companies, claiming they are importing refined petroleum products that Dangote Refinery is already producing and able to supply.

3. Dangote Refinery is seeking ₦100 billion in damages against the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) for allegedly continuing to issue import licenses to these companies.

4. Dangote Refinery claims the import licenses issued to these companies are crippling its business, as its products are left largely unpatronized.

5. Dangote Refinery is also seeking several other declarations and injunctions, including:
- Declaring that Dangote Refinery is exempt from all federal, state and local government taxes, levies and other rates as a Free Zone Enterprise.
- Preventing NMDPRA from imposing additional levies on Dangote Refinery.
- Ordering NMDPRA to withdraw the import licenses issued to the other companies.

6. The case is currently adjourned to January 20, 2025 to allow the parties to attempt to reach a settlement.

7. This lawsuit comes amid disputes between Dangote and regulatory authorities, as well as Dangote's previous announcement of willingness to sell his refinery to NNPC.

I'm not "The Law", but I laughed at some of his prayers. Let's see how far this can stretch in the courts.

Mpeace:
Seplat gain today just too sweet.
The stockhas been my best. E don delivere from all angle.
Dividend recieved has almost covered capital.
Capital appreciation on the other hand is simply unbelievable

I understand this feeling with Occidental from the US stock market

Mpeace:
Transafam owns it. Heirs holsings own majority stake in transafam with transcorp owning just 5%.

It's alright. Nursery department at work.

ositadima1:
Is Transpower into distribution? (He get why i dey ask) If not, as a power generating company within a country with very low power output, I would be careful because competition is coming. Some foreign investors will prefer building their own systems from the ground up, which can disrupt Transcorp's perceived dominance. These are my thoughts.

You missed the part where Uncle T owns AEDC?? Testing phase

ositadima1:
I read the latest publication of "Frankly Speaking" by Dele Sobowale in Vanguard, which claimed that a refinery is a bad investment for Dangote because crude oil is a dying business.
.......

In conclusion, oil and gas refining will still be big business 30 years from now.

Big Market for Africa and the Carribeans.


That dude sounds like a "Western-apologist"

KarlTom:
I do hope he lists it o.
https://punchng.com/how-i-got-permit-for-2bn-nigerias-biggest-power-plant-davidos-father/

TOP 4 Economies in Africa and their effective power generating capacities:

1. South Africa ~40,000 Megawatts
2. Egypt ~ 40,000 Megawatts
3. Algeria ~ 50,000 Megawatts
4. Nigeria ~ 7,000 Megawatts.

PS: installed Generating capacity is upwards of 13,000 Megawatts .

The Power Infrastructure needs to be greatly invested in and existing infrastructure improved on...

The UAE run on 100K MW installed system capacity with 50k operational and idle capacity each(if my memory serves me right)

The infrastructure funds are for capital preservation NIDF and AVAIF.
Transcorp Power and Co are idle wealth. Long term!!

🚨 🚨 🚨

A dieing horse. By the time we eventually settle for proper fiscal federation. You might be holding the cow's tail, especially in that ministry. Make hay while the sun shine.

"Dangote still dey find money oo"

https://nairametrics.com/2024/10/12/dangote-to-begin-crude-oil-production-before-the-end-of-2024-report/


You see that betnaija, we go ride am!!!

Can't fault them. The characters of LGA chairmen can be questionable. The absence of people with pedigree will only make LGAs exposed to ineptitude and mediocrity.