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Nigerian Stocks To Buy - 2024 Best Performing Stocks / Free Stock Market Pick Alert For All Investors Globally!!! / Dangote Resumes As President Of Nigerian Stock Exchange (2) (3) (4)
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Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:57pm On Jul 19 |
Laso09:If that is the standard practice, then Dangote refinery needs to comply. Maybe he is seeking the same concessions he's enjoyed in all his other businesses. I am sure the shareholders of company like Seplat will not be confortable to let go the $5/barrel. |
Re: Nigerian Stock Exchange Market Pick Alerts by Emndy(m): 2:01pm On Jul 19 |
presiade: As far as longterm growth and valuation is concerned, Presco don leave Okomu for tarmac. Even Okomu's CEO said it. They don't have any expansion plans. Presco na boss now. Dem no be mate. Both are quaility businesses by the way. |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:07pm On Jul 19 |
... ositadima1: |
Re: Nigerian Stock Exchange Market Pick Alerts by presiade(m): 2:19pm On Jul 19 |
Emndy:No problem, we'll still enjoy the ride. Okomu will continue the trend until Monday. That would be at least a 20% run in two days. |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:19pm On Jul 19 |
I am an industrialist. I am active in the construction and oil/gas industry so I have an idea of what is going on. I can also understand the various perspectives of some responses so far BUT we need to ask ourselves some pertinent questions: 1. Are we okay with importation of refined petroleum products? 2. Are we okay with the impact #1 has on our economy? 3. Let me paraphrase #2: are we AWARE of the impact? 4. Do we know the damage subsidy is doing to our economy? 5. Lastly, if NUPRC says DANGREFINERY is not licensed, how come they are selling diesel in the Nigerian market? I once stated on this platform that Aliko has friends on both sides so I am keen to see the outcome of this whole drama... 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 2:26pm On Jul 19 |
ositadima1:You dey mind the criminals in this government. I can tell you that 50% of fuel and gas sold in ss and se are from the ones refined in the creeks. And what is the quality. They are stealing us blind by fixing bloated imported figure. Why is nnpc the only one importing. IF they have problem with the one from dangota refinery. They should make government refinery produce the quality one they claim. Why are they canvassing for imported products as substitute. You see that nnpc boss is a big criminal and that is why townhall is keeping him.They have alot in common 5 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by bovali(f): 2:27pm On Jul 19 |
Laso09: I’ll just drop this here cause sometimes we’re too emotional as Nigerians. This same Dangote: https://x.com/emekabk21/status/1814131174253772851?s=46&t=S-fB0C8yRxjxeCDpRFi4rw |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 2:30pm On Jul 19 |
KarlTom:There is no doubt some disgruntled elements are benefiting from fuel importation, subsidy and all that. I'm sure the refinery must have done cost benefits of high sulphur crude importation and low to non sulphur available in Nigeria. As a private firm, the company needs to comply with international practices. We often, allow emotions to becloud our judgement at times. Govt should make all local refineries working effectively & allow people to purchase the quality suitable to power their cars, equipments etc. That is what is obtainable every-where in the world; not to provide concession to individual to keep all the monies. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:34pm On Jul 19 |
UCAP. 40.55 OANDO. 18.25 CUTIX. 5.99 |
Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 2:36pm On Jul 19 |
KarlTom:I skipped 1-4 considering i can't speak for the whole country. I am also not a spokesperson for Dangote cement. As for number 5. I will only speak on the misrepresentation of fact the NMDPR official ought to be fired for the misrepresentation of facts . If you state a refinery is at 45% capacity and no license in one breath, he knew what he was doing. By sheer reasoning / deduction, refinery full utilisation takes months ~ 6- 18 months (depend on country and regulatory bodies). The reason for such high level of impurity may be due to some sections of the distillation process not working (by omission or commission). One thing we can attest to is that Dangote group can be shrewd af when it comes to his competitors, but will never short change on quality except for payments as alluded by BUA group in his early days If the allegation of suspending importation of AGO and the like was requested to favour the refinery at the detriment of the country is true, that is a d*ck head move by the dangote group. |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:40pm On Jul 19 |
Thank you for recalling this 'write-up'. It's common knowledge that every business person (especially in Nigeria) is shrewd in their unique way(s) and are constantly seeking ways to enrich themselves. Anyways let's stop assuming/presuming/speculating and wait for the official/unofficial statement from Dangote Industries... bovali: |
Re: Nigerian Stock Exchange Market Pick Alerts by Hogwarthtrades: 2:48pm On Jul 19 |
bovali:it's hard to take people tweeting about IBETO seriously when it is clear it was a re-bagging factory. On the long run the government of the day will favour an industry builder to ensure it's backward integration policy is seen through and give necessary support to such vs an importer. That is how behemoth industries begin and bolster. here's Reno omokri's witness account take with a mudu of salt https://x.com/renoomokri/status/1759311693815963938 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:50pm On Jul 19 |
I laugh at the bolded. I rest my case on this issue till a statement from DI Hogwarthtrades: |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:51pm On Jul 19 |
QED! Hogwarthtrades: |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 2:59pm On Jul 19 |
dpacificheraclx: Quite a mature, responsible and reasonable way to engage. If I'll ever consider that part in italics, it'll be because of folks like this and close pals (including some esteemed members here) who've also suggested similar line in the past, and NEVER because of some bashful no-good-attention-seekers with foot-in-the-mouth-syndrome who have decided to only "think, eat, sleep and dream Onegentleguy". As some of my pals will say; they will continue to make Onegentleguy even more popular! I do not have the luxury of time for unfruitful engagements. ...not even a tiny bit of it! The goal remains the same; grow, continue to grow and help as many as possible to do the same. Thanks @ dpacifi But pls am not a Boss oo. (I noticed you mentioned it no fewer than 4 times in your post and I was starting to feel a bit uneasy and shy) Na minimum wage earner I be oo. Infact, am hoping the govt can kick-start in earnest the newly approved 70k wage so I can take care of some basic needs. It is well 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Picky1: 3:19pm On Jul 19 |
KarlTom: Naija and it's people...always one step forward and two steps backwards Anyways, we must all beware of, "The danger of a single story"! I will rather we discuss - UCAP/CUTIX - interim div and bonus and leave politics to the greedy poli-thieves who have never added any value. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 3:23pm On Jul 19 |
Heishere: Thanks dear. ...Like others, I truly appreciate your support. But pls permit me to also state that the post you quoted is a logical one. You'd agree with me that @ dpacifi was constructive and objective and so it'll be nice to accord him some measure of homage. Forget the few bad eggs here. I know a few of them, and believe me when I say they aren't worth the time. ...not even a tiny bit of it! They're just a bunch of detractors and distraction. As always; just FOCUS on how to grow your portfolio and living a worthy life. Regards 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 3:24pm On Jul 19 |
Don't go about assuming the NGX is not political... Picky1: |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:30pm On Jul 19 |
KarlTom: I am expecting Oando to drop further. Reason: In recent times, there seems to be some forces that pull back the price so they can mop up as much as possible. I also want to buy, so the lesser it gets (in the shortest time), the better for bargain hunters like me. |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 4:01pm On Jul 19 |
mikeapollo: |
Re: Nigerian Stock Exchange Market Pick Alerts by Laso09: 4:08pm On Jul 19 |
bovali: And you think the person that wrote this was not emotional. To me , nothing is new in what he said, it is all about the old long hatred against dangote by many in the country. Why didn't ibeto start his own cement production in the country when importation was banned according to some people? How many private companies got licence for refinery in the country even before dangote? Where are the refineries or is it that dangote also stop their refineries from working? Dangote definitely is not perfect but most of the allegations against him are also faulty in my opinion. 8 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Pesuzok(m): 4:36pm On Jul 19 |
Emndy: Hmmmm, I smell Signing ceremony
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Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 5:52pm On Jul 19 |
SpaceX: I'm really beginning to like this guy.. what a comic way to start the weekend 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by olig(m): 6:03pm On Jul 19 |
Don't mind them. Even those that cam not create just one job are hating him. They have no idea what it takes. He has also suffered failure in many businesses, nobody will talk about that. Only that government favours him. And so what Some people stills more than amount needed for a refinery, how many people benefited from that? Nothing cam please Nigerians. Imagine we removed Dangote from Nigerian economy today, where are we going to be? When you remove army and police, Dangote is the highest employer of labour in Nigeria; higher than the clueless government we have. Another sentiment is that "cement is cheaper in other countries he export to". That is economics and business. At the end it pays Nigeria, because the job is with us. Only the market is with them. The same way Samsung is cheaper here than in Korea, etc. I have ordered and equipment from Germany before. I initially thought I could carry it along. Bust doing the calculation, it is cheaper to deliver to Nigeria, than a German address. When you export, you are "good", when you import, "you bring in some sort of poverty". Why do we think Trump is wanting all American industries back on their soil? Laso09: 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 6:32pm On Jul 19 |
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 6:34pm On Jul 19 |
olig: U need to read Wiki Leaks... report on Dangote in 2005... Dangote Business Model is classified..... as 'Beggar-thy-countrymen' .... 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 7:13pm On Jul 19 |
Please how long does it normally takes after closure date for bonus shares to be credited to one's CSCS account? |
Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 7:20pm On Jul 19 |
Raider76:I think nobody knows the exact time frame |
Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 7:38pm On Jul 19 |
Mfunkynation: Oga can't wait to offload |
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 8:33pm On Jul 19 |
megawealth01: A Big Gamble, no matter how some people hate hearing reality check that help some other people err on the side of caution. Oando remains a gamble because the cloud of Delisting still hovers over it. All that Court did was to order the cowboy to go and reach accord with the minorities. This is victory for shareholders because it strengthens their negotiating hand against the cowboyz. For one, #7.07 delisting is dead and buried because accord cannot be reached on that term. But, on the bad side for shareholders, the rigging of shareholder votes is the easiest thing in the world.. So, all eyes now on Wale's Desk for his response to the Court outcome. * If he announces an immediate shareholders meeting venued at the edge of Sambisa Forest or at Yankari Game Resort or on Gembu Plateau Resort overlooking Cameroun, in Gongola State, then he will get his ratification for delisting. *But if there is a Press Release declaring that Shareholders Meeting is no longer necessary because Delisting is no longer on the table, then the Oando stock Bus will turn to a Rocket and soar over #100, other things being equal. In the absence of this renunciation of delisting, even the Deal Signing Event somebody is smelling above will not produce more than a 2 days bull. 1 Like |
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