Dangote cement

[paddylo]

Originally Posted by knightofdelta

And you think the valuation of Dangcem is dependent on the Nigerian GDP? How will a sudden revaluation of the GDP affects the cashflow of the company? How will it lead to a sudden upsurge in demand for the cement produced by Dangcem? I thought the valuation of a company is dependent on the profits and balance sheet?

There is no hard and fast rule that the stock market must make up 80 - 100% of GDP. You seem not to know that the shadow economy is like five times larger than the one we see on paper. The financial services sector account for almost 45% of total market cap yet it accounts for less than 5% of economic growth; that should tell you something.

NB. I talk to international fund managers almost every day.

No fast rule on stock markets as % of GDP, but pls lets have the market capitalisation as % of GDP for South Africa, Indonesia, Phillippines, Colombia etc, and see where they stand vis a vis us. I believe the data will show us as an outlier, which has to move up in valuation.

The rebasing of GDP will attract funds into the country to industrial and consumer names as well as some banks.

Shadow economy has no bearing on this as my driver just bought a plot of land and is building a house in badagry as we speak, i doubt if he has paid any federal income tax in the last 10 years, but he is good for Dangote Cement.

Financal services sector is an underperformer due to the low financial inclusion in Nigeria, if they get their acts together they will be rewarded with a higher market cap as well as increased impact on GDP.

Bottom line, i rode DANGCEM up to N150 and am taking profits for now, you waited for N80/N70 but never got a chance to buy.

The stock is still gonna hit N200 by year end 2013, MARK THIS POST.

For those i am educating and making to read, its my pleasure. .

[knightofdelta]

Originally Posted by paddylo

No fast rule on stock markets as % of GDP, but pls lets have the market capitalisation as % of GDP for South Africa, Indonesia, Phillippines, Colombia etc, and see where they stand vis a vis us. I believe the data will show us as an outlier, which has to move up in valuation.

The rebasing of GDP will attract funds into the country to industrial and consumer names as well as some banks.

Shadow economy has no bearing on this as my driver just bought a plot of land and is building a house in badagry as we speak, i doubt if he has paid any federal income tax in the last 10 years, but he is good for Dangote Cement.

Financal services sector is an underperformer due to the low financial inclusion in Nigeria, if they get their acts together they will be rewarded with a higher market cap as well as increased impact on GDP.

Bottom line, i rode DANGCEM up to N150 and am taking profits for now, you waited for N80/N70 but never got a chance to buy.

The stock is still gonna hit N200 by year end 2013, MARK THIS POST.

For those i am educating and making to read, its my pleasure. .

Hehe. While you were busy mopping up Dangcem, I was busy buying International breweries. Well, Dangcem tried and oscillated between N100 - N150 while Intbrew moved from N6 to N16. I took the profits and re-invested all into Diamond bank at N3.90 - N4.20. I have no regret not buying Dangcem, none whatsoever.

Oh, I forgot you hate penny stocks.

[eniyanman]

Originally Posted by paddylo

No fast rule on stock markets as % of GDP, but pls lets have the market capitalisation as % of GDP for South Africa, Indonesia, Phillippines, Colombia etc, and see where they stand vis a vis us. I believe the data will show us as an outlier, which has to move up in valuation.

The rebasing of GDP will attract funds into the country to industrial and consumer names as well as some banks.

Shadow economy has no bearing on this as my driver just bought a plot of land and is building a house in badagry as we speak, i doubt if he has paid any federal income tax in the last 10 years, but he is good for Dangote Cement.

Financal services sector is an underperformer due to the low financial inclusion in Nigeria, if they get their acts together they will be rewarded with a higher market cap as well as increased impact on GDP.

Bottom line, i rode DANGCEM up to N150 and am taking profits for now, you waited for N80/N70 but never got a chance to buy.

The stock is still gonna hit N200 by year end 2013, MARK THIS POST.

For those i am educating and making to read, its my pleasure. .

A good starting point is to determine the % contribution to GDP of listed companies, as is today. The principal contributors to GDP i.e. agriculture, telecommunications and oil and gas are not dominant on the NSE. Re-basing won't change this. Market capitalisation is only a reflection of the companies who list on the capital market. what happens if Dangcem withdraws from the NSE and lists elsewhere, will it no longer contribute to GDP? In my view, market cap to GDP ratio is only an indication of the level of public ownership of enterprise in a country.

[nosa2]

Originally Posted by eniyanman

A good starting point is to determine the % contribution to GDP of listed companies, as is today. The principal contributors to GDP i.e. agriculture, telecommunications and oil and gas are not dominant on the NSE. Re-basing won't change this. Market capitalisation is only a reflection of the companies who list on the capital market. what happens if Dangcem withdraws from the NSE and lists elsewhere, will it no longer contribute to GDP? In my view, market cap to GDP ratio is only an indication of the level of public ownership of enterprise in a country.

exactly! The fact is that oga paddylo is just trying to win the argument irrespective of the facts

[hispy99]

Dangote Cement: Analysts predict higher share price growth

Analysts at FutureView Financial Services Limited, an investment banking company in Nigeria, have projected that the share price of Dangote Cement Plc will soon hit a high of N237. They have, therefore, recommended the shares to investors for purchase, saying it has significant upside potential considering its current market value.

Wey Oga Paddylo

[paddylo]

Originally Posted by hispy99

Dangote Cement: Analysts predict higher share price growth



Wey Oga Paddylo

I dey siddon look.. .

[afolabi27]

Originally Posted by hispy99

Dangote Cement: Analysts predict higher share price growth



Wey Oga Paddylo

You didn't know? Paddylo wrote that research report

[nosa2]

Originally Posted by paddylo

I dey siddon look.. .

You come across as someone who knows what he's doing but your love for Sanford cement is baffling, its not like the numbers are that impressive and thou institutional investors might be forced to buy, due to liquidity, there's no compelling reason for us small fry to look at it. Why assume the institutional disadvantage when you don't have to?

[paddylo]

Dangote Cement Reopens Nigeria’s Gboko Plant as Demand Increases - Bloomberg

[Dicobody]

Originally Posted by paddylo

Dangote Cement Reopens Nigeria�0‰9¢ã�6¾4s Gboko Plant as Demand Increases - Bloomberg

Dangote cement and oga Paddylo are too synonymous.make we change the thread name to Paddylo cement

[hispy99]

Originally Posted by Dicobody

Dangote cement and oga Paddylo are too synonymous.make we change the thread name to Paddylo cement

u dey find trouble o

[netotse]

Originally Posted by paddylo

Dangote Cement Reopens Nigeria’s Gboko Plant as Demand Increases - Bloomberg

and in Nigerian newspapers they say the plant was reopened after he held a closed door meeting with Jonathan.

[Salida]

Originally Posted by paddylo

Dangote Cement Reopens Nigeria’s Gboko Plant as Demand Increases - Bloomberg

Dangote reopens Gboko Cement Plant, To Operate at Half Capacity - Proshare

[hispy99]

Dangote Cement announces new Zambian plant

[paddylo]

Dangote Cement Jumps Most on Record on Profit Bets: Lagos Mover - Bloomberg

[paddylo]

Dangote Cement closes at N160 per share.

[Salida]

Originally Posted by paddylo

Dangote Cement Jumps Most on Record on Profit Bets: Lagos Mover - Bloomberg

Originally Posted by paddylo

Dangote Cement closes at N160 per share.

The same way some people were betting on NESTLE declaring bonus. Make the result come out first.

[Oracle]

Originally Posted by paddylo

Dangote Cement closes at N160 per share.

But you sold your stake nah?

[dr dowell]

Originally Posted by Oracle

But you sold your stake nah?

I doubt if Dangote will pay more than N5.00 as dividend. This one will do them like film. All this coys are not performing wonders it is only banks results that will bring back the bull in the market.

[Oracle]

Originally Posted by dr dowell

I doubt if Dangote will pay more than N5.00 as dividend. This one will do them like film. All this coys are not performing wonders it is only banks results that will bring back the bull in the market.

There should be massive sell-off in banks stocks because these results we see can't be sustained in 2013. Also they will start the hard task of lending to people/businesses rather than making the bulk of their money through placements.