Last year, BUAFoods listed 80 billions ordinary shares at a unit price of 40 Naira. Presently BUAFoods is trading at N171

In a few years from now , DangFoods can sell as high as 500 Naira if everything goes as planned. The population is expanding and food will always remain a constant necessity.

DangFoods will enjoy economies of scale, forward and backward integration. The future is golden for the company

The big boys are not buying for now , they are buying for the future. Institutional investors will continue to mop up Dangsugar till Alhaji pulls the plug . E get why

DD please

FOLLOW THE MONEY

yMcy56:
NAHCO @20 ......from 18.30! Any news? Or maybe it's just investors activities....... This stock have been showing lots of strength for the past 3 weeks....
Sell off in ACCESS on the other hand....... Seems result is close.......but I won't advice anyone to sell in haste sha. Sometimes we don't know what the insiders are up to...

Good afternoon dear, please can i "JAZZ" you a little?

Mfunkynation:
Good afternoon dear,
please can i "JAZZ" you a little?

How sir?

Even wanted to ask if you're still in IKEJA HOTELS cos you mentioned something about it with me in tag.

phoinix:


My friend, relax. Your whole philosophy is based on the fictional position that Dangote will maintain, as if you know what is going on in his mind or all of his moves. That is not a concrete reason. A few years ago, I played the same game with Mansard and lost almost half of my money when it was restructured. After two years, I am still down 24%, even after riding the recent boom. I am not saying it will be the same with Dangote, but my point is that nothing is certain. Forget the pumping. LOL

Lol ... No worries, we will revisit the topic when the cat finally out of the bag.

Ekuu dangote mkt o

Shalom428:
Last year, BUAFoods listed 80 billions ordinary shares at a unit price of 40 Naira. Presently BUAFoods is trading at N171

In a few years from now , DangFoods can sell as high as 500 Naira if everything goes as planned. The population is expanding and food will always remain a constant necessity.

DangFoods will enjoy economies of scale, forward and backward integration. The future is golden for the company

The big boys are not buying for now , they are buying for the future. Institutional investors will continue to mop up Dangsugar till Alhaji pulls the plug . E get why

DD please

FOLLOW THE MONEY

In a few years, DangoteFood may have a serious contender. The market is open and anything can happen. Some FDI may come in and change the game. Dangote may retire and not be so involved in the business. In a country like Nigeria with its immense opportunities and disadvantages, looking ahead beyond 5 years is a dangerous play. Make your money and move on to the next opportunity, because nothing is certain. If it gets to 500 naira, we can get back in before it happens. It won't happen overnight, right? LOL

yMcy56:

How sir?

Even wanted to ask if you're still in IKEJA HOTELS..

Am yet to check out of my room 1.46 ooooo...
please any update?
There will be doing RIGHT ISSUES. don't really understand how the stuff works. can you help interpreted the circular!
Thanks

currentprice:
Ekuu dangote mkt o

My oga any tip for the rest of the yr

when Q2 came with unexpected loss.. I advice a friend with 1m unit of DS to hold on with his stock, that it look like a trap to sell off his holding because noting affected the operational earnings/cash of the company. the loss was just from forex loss. unfortunately he scared about the N90b negative and sold all the 1m unit @ N27 with gain @ 82%.. rest is the story now

I know some of the member here might have fallen into such situation . don't worry, just learn from your mistake... plenty opportunity day ahead.

Mfunkynation:

Am yet to check out of my room 1.46 ooooo...
please any update?
There will be doing RIGHT ISSUES. don't really understand how the stuff works. can you help interpreted the circular!
Thanks

If you can be patient....... especially since you picked at good price.

You have the link to the circular?
Kindly post here so that I and those who knows more than me can help look at it.

phoinix:


My friend, relax. Your whole philosophy is based on the fictional position that Dangote will maintain, as if you know what is going on in his mind or all of his moves. That is not a concrete reason. A few years ago, I played the same game with Mansard and lost almost half of my money when it was restructured. After two years, I am still down 24%, even after riding the recent boom. I am not saying it will be the same with Dangote, but my point is that nothing is certain. Forget the pumping. LOL

MANSARD back then did shares reconstruction to meet NAICOM regulatory requirements on paid-up capital. Nothing much to excite investors

But with DANGOTE FOODS, it is the mergers and birth of a bigger company with economies of scale. Bigger, better and stronger. This will excite investors.

phoinix:


In a few years, DangoteFood may have a serious contender. The market is open and anything can happen. Some FDI may come in and change the game. Dangote may retire and not be so involved in the business. In a country like Nigeria with its immense opportunities and disadvantages, looking ahead beyond 5 years is a dangerous play. Make your money and move on to the next opportunity, because nothing is certain. If it gets to 500 naira, we can get back in before it happens. It won't happen overnight, right? LOL

Firstly , it is quite funny that you are comparing Dangote Group , the MOST VALUABLE BRAND IN NIGERIA 2023 ,to Mansard. Some people will laugh at that comparison.

Secondly , some of us don't buy because of today , we buy into the future. I've been mopping Dangsugar since when it was 5 Naira.

As regards the 5 years plan and unforeseeable future. Dangote Group is in good hands, I don't need to say much on that.And yes, no company is too big too fail.

Lastly, it is very good to book profit when you have made decent gain. Trading with caution is also smart trading , so I agree with some of you points.

That is why I preach due diligence and I always say my post are not for recommendations

FOLLOW THE MONEY

From Morgan CSL

currentprice:
when Q2 came with unexpected loss.. I advice a friend with 1m unit of DS to hold on with his stock, that it look like a trap to sell off his holding because noting affected the operational earnings/cash of the company. the loss was just from forex loss. unfortunately he scared about the N90b negative and sold all the 1m unit @ N27 with gain @ 82%.. rest is the story now

I know some of the member here might have fallen into such situation . don't worry, just learn from your mistake... plenty opportunity day ahead.

Boss please share the opportunities wey dey ahead na

Ginalex:
Boss please share the opportunities wey dey ahead na

for now look at the sector that yet to release Q2. UBA, Access & co.

BUAFOODS
Closed @180!!

Looks like more wins for Sugar lovers.....

There seems to be mini bull in market today.....

yMcy56:
BUAFOODS
Closed @180!!

Looks like more wins for Sugar lovers.....

The two strong men from Kano will continue to battle it out and dominate the food market.

ga fili ga mai doki

dapix:


Yes, last week

I have not received o

Shalom428:
What is the book value of Geregu and BUAFOODS? What is happening and what is going to happen to Dangote Foods transcends Book Value. A lot of power play is going on. Dangote Food is the best bet for Alhaji to consolidate and retain his position as the richest black man

As far as cement is concerned, the new administration's favourite is WAPCO . Dangote refinery might not become fully operational in some months to come, so Alhaji's surest way to retain is Richest Black Man Alive position and consolidate it, is through DangFoods

BUAFOODS with EPS of 5.29 and dividends of 4.5 is trading at 165 , and the fear of Dangfoods might even make Rabiu push it higher ... Is 165 a fair value of BUAFOODS? If BUAFOODS trades at fair value , I bet the current Forbes ranking of RABIU will drop.

A silent healthy rivalry is going on between Alhaji and Rabiu. These billionaires silently fight for market leader ( Share price and Capitalisation ), Rabiu has been the leader in that space for a while now , and I strongly believe Alhaji is coming with DangFoods to Leapfrog him.

Will Rabiu give you up the position easily ? The answer is No! The more Rabiu fights back by pumping , the more Alhaji intervenes and the more the PATIENT INVESTORS smile to the bank. A lot of profit taking will happen along the way but DangFoods will definitely make the PATIENT ONES SMILE.

Putting Book Value , Market Value , Fair Value and whatever values aside, DangFoods is a stock any long term discerning investors should have in his or her portfolio. Food will forever be a constant necessity and the population is projected to increase geometrically in a few years time. DangFoods will surely dominate the industry with economies of scale . The forward and backward integration is projected to be fantastic. I won't be surprised if DangFoods sells at 500 or more in five years from now.

As for Transcorp ... I will not hit the sell button now. I expect Tony to continue to bag the good deals. Every administration has favourites. When other billionaires were lobbying to see PBAT after he was declared winner of the election , the President went to Tony's house to thank him specially and personally. E get why .

FOLLOW THE MONEY.

This is not a Buy / Hold / Sell Recommendations.

Lol ... And BOOM! Rabiu closes today at 180

yMcy56:
BUAFOODS
Closed @180!!

Looks like more wins for Sugar lovers.....

There seems to be mini bull in market today.....

If dangota food get listed and it hit this kind price without reconstruction of dangota sugar shares .Na to sell half and bid for federal government bond direct if I see 15% in it.That will be cool money my people

currentprice:


for now look at the sector that yet to release Q2. UBA, Access & co.
J

Just seeing this.Took speculative position with the cash I was bidding sugar at #32.00 ito acces. Got in at #16 with target for #20.Hope to move it again to oando before court case. Make I try speculate small

I no fit buy sugar at #50 plus oh

Streetinvestor2:
If dangota food get listed and it hit this kind price without reconstruction of dangota sugar shares .Na to sell half and bid for federal government bond direct if I see 15% in it.That will be cool money my people

You can get 16%, rates are expected to go up. The guy who sold 550,000 units of Dangote Sugar shares today can get about N4.5 million for the next 20 to 25 years at N2.25 million every 6 months.

If he divides into 2 and buys March and June FGN bond.

He will be getting N1.25 million every March, June, September and December for the next 25 years which can then be reinvested into stocks, business, real estate, dollar denominated investments etc

Streetinvestor2:
Just seeing this.Took speculative position with the cash I was bidding sugar at #32.00 ito acces. Got in at #16 with target for #20.Hope to move it again to oando before court case. Make I try speculate small

I no fit buy sugar at #50 plus oh

Being rigid with your price will always put one in trouble, what is the difference between N32 and N33.

emmanuelewumi:



Being rigid with your price will always put one in trouble, what is the difference between N32 and N33.

I bought @#39 and #44

I love this forum and the brains who analyse for us.
God bless you all.
Special shout out to @Mcy
Emmanuelewumi
Customstreet
@currentprice
And many more.

OBAGADAFFI:
GLAXO SMITHKLINE on full-Bid.

May the Lord continue to bless the guru, OneGentleGuy for this one. He has always been firm with his position on GSK being a positive one for the future.

RichEstate:
I love this forum and the brains who analyse for us.
God bless you all.
Special shout out to @Mcy
Emmanuelewumi
Customstreet
@currentprice
And many more.

You don forget OneGentleGuy o!

Mfunkynation:

Am yet to check out of my room 1.46 ooooo...
please any update?
There will be doing RIGHT ISSUES. don't really understand how the stuff works. can you help interpreted the circular!
Thanks

I've seen the news on the Rights Issue.....

*Pls refer to the post by @Emmasoft on page 7196 and the post by @Customstreet on page 7197 for Rights Issue....
* You can equally read the posts on the pages for other contributions from NSEMPAs.

https://www.nairaland.com/1131485/nigerian-stock-exchange-market-pick/7196#125118775

https://www.google.com/amp/s/nairametrics.com/2023/08/23/ikeja-hotel-plc/%3famp=1

yMcy56:
BUAFOODS
Closed @180!!

Looks like more wins for Sugar lovers.....

There seems to be mini bull in market today.....

When this thing go reach Zenith and GTbank turn?
When?

Yes o We cant thank @onegentleguy enough for this (GSK). I personally bought over 2 million units at an average price 0f 6.40, i commend myself also for been patient and holding on for over 18months. Discipline is key sometimes in this stock's world. Cant wait to see what the offer will be for GSK. The excitement today might be hinting some announcement might be around the conrner.

Also make i use this opportunity to thank @currentprice and Madam @Mcy also for pointing out DangSugar. You guys are too much

ololufemi:


May the Lord continue to bless the guru, OneGentleGuy for this one. He has always been firm with his position on GSK being a positive one for the future.

Heishere:
I have not received o

will definitely get yours. Received lastweek as well. Weird situation though; I got a call from the registrar office asking for completion of e-mandate (filled for scrip divy though, probably there is a mix-up ) by that evening i got notification of divy.K,

As for GSK play, more space for FIDSON to get creative...

9free:


When this thing go reach Zenith and GTbank turn? When?

in due time, it will be as rain upon Mowngrass...

emmanuelewumi:



Being rigid with your price will always put one in trouble, what is the difference between N32 and N33.

My oga na the work of village people. Naturally I am not rigid when bidding. I felt it will fly since it came down from #37.50 .No wahala it was just 100k unit I wanted to topup. I don fix am for access but that is not my destination. Na oando gamble I wan ply