KarlTom:
Q1 2025 is being muted

https://newtelegraphng.com/dangote-refinery-mulls-dual-listing-on-ngx-london-stock-exchange/

Wow. Thanks for the info.
Man must find some money and keep. Dangote Refinery will be loud on NGX!

mikeapollo:


Wow. Thanks for the info.
Man must find some money and keep. Dangote Refinery will be loud on NGX!

Loud like transpower.
Friends and associates go first take, then brokers, before we go see units buy. Na when the price done settle we go fit buy units from the floor of the exchange, except if they do publix offer.

A private equity firm that holds about 20% of the shares outstanding. They invested in the company a while ago, I think around #300 levels and are now looking to exit having made significant returns on their investment. Rumor has it that it could even be them pushing for the NGX listing for ease of exit (more traction/liquidity on NGX). But I doubt they can just dump their shares on the market like that, so I don’t think it’s anything to worry about as of yet, they will have to find a strategic buyer for the volume they hold and I have it on good authority that they will do an offer for sale

Divineability:


Kindly throw more light. What is PE? A'm sorry, I'm new here.

I started my 1m challenge last week which I used to pick wapco at average price of 36+.

Game on.

The infos you drop here are simply invaluable. Thanks and thanks.

Sunrisepebble:
A private equity firm that holds about 20% of the shares outstanding. They invested in the company a while ago, I think around #300 levels and are now looking to exit having made significant returns on their investment. Rumor has it that it could even be them pushing for the NGX listing for ease of exit (more traction/liquidity on NGX). But I doubt they can just dump their shares on the market like that, so I don’t think it’s anything to worry about as of yet, they will have to find a strategic buyer for the volume they hold and I have it on good authority that they will do an offer for sale

2nd highest dividend yield on the NGX in 2023 (14.31%).

60% year to date returns on the NGX in 2024 (as at 15th September 2024).

Which company achieved all the above? SFS REIT.

In this episode, we chat with Mr. Samuel Oshodipe (Real Estate investment Analyst, SFS REIT) about the real estate market, how COVID in 2020 affected valuations, how SFS REIT navigated that period skilfully, how the company produced stellar returns in 2023 and what the outlook for 2024 is.

This is a really insightful conversation which retail investors will do well to pay attention to.

https://open.spotify.com/episode/4fs4K2jVtDPaIVikTyw4NA?si=wXwC9aqTR_qfCL0jmZDMHA

Sunrisepebble:
A private equity firm that holds about 20% of the shares outstanding. They invested in the company a while ago, I think around #300 levels and are now looking to exit having made significant returns on their investment. Rumor has it that it could even be them pushing for the NGX listing for ease of exit (more traction/liquidity on NGX). But I doubt they can just dump their shares on the market like that, so I don’t think it’s anything to worry about as of yet, they will have to find a strategic buyer for the volume they hold and I have it on good authority that they will do an offer for sale

Stay safe.

Unveiling

Bagwa:
Unveiling

🤲🤲 Happy Sunday boss

NNPCL confirms buying 16.8 million litres of petrol from Dangote at N898 per litre

https://nairametrics.com/2024/09/15/nnpcl-confirms-buying-16-8-million-litres-of-petrol-from-dangote-at-n898-per-litre

Bagwa:
https://www.thisdaylive.com/index.php/2024/09/15/why-everyone-wants-to-be-like-wale-tinubu/

Empty article! Makes no cogent point or analysis

megawealth01:
NNPCL confirms buying 16.8 million litres of petrol from Dangote at N898 per litre

https://nairametrics.com/2024/09/15/nnpcl-confirms-buying-16-8-million-litres-of-petrol-from-dangote-at-n898-per-litre

Our true national daily consumption of petrol is between 20million to 25million litres.

Mpeace:
Loud like transpower.
Friends and associates go first take, then brokers, before we go see units buy. Na when the price done settle we go fit buy units from the floor of the exchange, except if they do publix offer.

Exactly my thoughts too, Na to just buy and key into any of the already existing Dangote companies because all of them must surely rally alongside the anticipated bride of the NGX "DanRef"

megawealth01:
NNPCL confirms buying 16.8 million litres of petrol from Dangote at N898 per litre

https://nairametrics.com/2024/09/15/nnpcl-confirms-buying-16-8-million-litres-of-petrol-from-dangote-at-n898-per-litre

The relationship btw Dangote and NNPC dob spoil finish.
https://www.nairaland.com/8214188/dont-mislead-nigerians-dangote-denies

I heard Dangrefinery sold way cheaper than the sum NNPCL is quoting to Nigerians.
Anything to continue importation

Mpeace:
I heard Dangrefinery sold way cheaper than the sum NNPCL is quoting to Nigerians.
Anything to continue importation

Shame on Nnpcl, you have 4 refineries which cannot provide Nigerians with a liter of fuel.

Mpeace:
The relationship btw Dangote and NNPC dob spoil finish.
https://www.nairaland.com/8214188/dont-mislead-nigerians-dangote-denies

All these back n fort disclaimer within few days.
becoming an Abuse of PR (Public Relations).

That's how we Nigerians swallow every data released by NNPC when they were both sole importer/Regulator...
(we no get choice) From fuel consumption, to import cost, etc.
I wonder how their Financials would have been if they were listed. They need serious external auditors to act right.

megawealth01:
NNPCL confirms buying 16.8 million litres of petrol from Dangote at N898 per litre

https://nairametrics.com/2024/09/15/nnpcl-confirms-buying-16-8-million-litres-of-petrol-from-dangote-at-n898-per-litre

No longer 25m litres

designking:


Our true national daily consumption of petrol is between 20million to 25million litres.

It would have dropped much lower by now

Mpeace:
The relationship btw Dangote and NNPC dob spoil finish.
https://www.nairaland.com/8214188/dont-mislead-nigerians-dangote-denies

The fight continues

Mpeace:
I heard Dangrefinery sold way cheaper than the sum NNPCL is quoting to Nigerians.
Anything to continue importation

It is obvious

https://ewnation.com/nascon-after-a-60-correction/
https://ewnation.com/fidelitybk-a-corrective-phase-with-reversal-potential/
more https://discord dot /C5zdaS2P (replace the dot)
What can we expect next?

Hello. May I kindly ask what the bond here is called? And do banks offer these?

ositadima1:


On a serious note, for people in the diaspora, wouldn't it be better to invest in these 17-18% bonds that last for years? You could simply repatriate $40,000 to $50,000, put it in one of those bonds, and use the returns to handle all those requests (wahala...) from your Nigerian family and relatives back home.

You could give out 1 million naira at random to any lucky family or friend every month, and they would love you for it without any further expenses on your part. Your initial $50,000 investment would still be there, though it might fall in value over time. But what do you care? It's just $50,000, right? And you can keep giving for years.

PuristForest:
https://ewnation.com/nascon-after-a-60-correction/
https://ewnation.com/fidelitybk-a-corrective-phase-with-reversal-potential/
What can we expect next?

Sentiment favors a NASCON rally this week due to the Dangote refinery success. NASCON is Dangote third most important company after Dangote Cement.

Dangote intend merging the Dangote Sugar and Dangote Rice with NASCON though the mergers failed.

NASCON will rally at least 25% this week due to positive market sentiments and expectations for the Dangote Group.

designking:


Sentiment favors a NASCON rally this week due to the Dangote refinery success. NASCON is Dangote third most important company after Dangote Cement.

Dangote intend merging the Dangote Sugar and Dangote Rice with NASCON though the mergers failed.

NASCON will rally at least 25% this week due to positive market sentiments and expectations for the Dangote Group.

According to dangote, there is nothing in the salt business. The man no too regard NASCON. Its one of his smallest business

designking:


Sentiment favors a NASCON rally this week due to the Dangote refinery success. NASCON is Dangote third most important company after Dangote Cement.

Dangote intend merging the Dangote Sugar and Dangote Rice with NASCON though the mergers failed.

NASCON will rally at least 25% this week due to positive market sentiments and expectations for the Dangote Group.

Nothin is going to favor Alhaji...
Until another aboki become the President..
He has to fight like every other bizness in Naija... in this season...
But He is gonna sail thru cos he is from the North.....
D presidency knows how important the North is ....

Mpeace:
The relationship btw Dangote and NNPC dob spoil finish.
https://www.nairaland.com/8214188/dont-mislead-nigerians-dangote-denies

Dangote is trying to be smart by half and not look bad to Nigerians with the high price . He said absolutely nothing in that statement

Simply tell us what price you sold to nnpc , you sold to them in dollars , won’t it be converted to naira for consumers to buy in Nigeria

Probably waiting till October when he receives crude in naira , even at that, pricing might just be slightly better . The exchange rate is the Koko , that determines everything . All this things are simple basic economics , except there is a subsidy element

Will love to be in dangotes shoes , his feasting has just begun

Feygbe:
Hello. May I kindly ask what the bond here is called? And do banks offer these?

Go to https://www.dmo.gov.ng/

Under 'Bonds,' navigate to 'Bond Issuance Calendar.' The latest one available is for Q3. You may have to wait for the release of the Q4 calendar.

Looking at the attached document, the last auction date listed is for today. Also, note that these are reopening bonds, meaning they were issued before, but the government has chosen to offer more of them.

Yes, banks and brokerage houses offer Nigerian bonds. To invest in bonds through a bank, you may need to register for a separate investment account or complete additional paperwork.

No dullings guys!! MCNichols still looking at a push to 1.69 from Aug 26th post before the we commence WC again...short timers can sell, long timers can remain.....

ositadima1:


Go to https://www.dmo.gov.ng/

Under 'Bonds,' navigate to 'Bond Issuance Calendar.' The latest one available is for Q3. You may have to wait for the release of the Q4 calendar.

Looking at the attached document, the last auction date listed is for today. Also, note that these are reopening bonds, meaning they were issued before, but the government has chosen to offer more of them.

Yes, banks and brokerage houses offer Nigerian bonds. To invest in bonds through a bank, you may need to register for a separate investment account or complete additional paperwork.

Why is it that interest rate on shorter bonds like 5 years always higher than long term years like 10 years when devaluation will have more effect on 10 years bond than 5 years bond.
Under normal condition, a 10 years bond should have a better higher interest rate to cover for years of inflation and devaluation

rmx:


Dangote is trying to be smart by half and not look bad to Nigerians with the high price . He said absolutely nothing in that statement

Simply tell us what price you sold to nnpc , you sold to them in dollars , won’t it be converted to naira for consumers to buy in Nigeria

Probably waiting till October when he receives crude in naira , even at that, pricing might just be slightly better . The exchange rate is the Koko , that determines everything . All this things are simple basic economics , except there is a subsidy element

Will love to be in dangotes shoes , his feasting has just begun

Una just dey hate for nothing
The pricing is entirely on NNPCL plate. From the statement made by the company, it is obvious that NNPCL was only truthful by half.

We will wait till October to see how far

Agbalowomeri:


Una just dey hate for nothing
The pricing is entirely on NNPCL plate. From the statement made by the company, it is obvious that NNPCL was only truthful by half.

Hate ke , loving his moves , it’s the move that gullible Nigerians believe , I don tell una reality

He should come out and state the Price he sold to them if it’s a lie . Very simple , don’t we know the price he sells diesel , aviation fuel etc .

I tell people i bought from you 1 naira and provide my evidence , you say No you dint , then tell us how much you sold it and your evidence . All So basic . I sign out on this