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At the rate things are going and with the last dangote flour offer yet to be sorted out and listed.i think it will take until mid 2008 before he does the cement coy offer.i just feel so
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anytime he likes he should come, i can assure u we will be waiting, i expect the cement to be the goldmine, but with Dangote u never can tell again????? the flour is not yet over, lets see the end of that soap opera and see the effect it would have on people.
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I doubt if he will come out with anything till Danflour is listed and people see how it is doing. The success of future offers from him will very much depend on how much of people's expectations are met by the performance of Danflour.
Do not forget that Danflour is riding on the success of Dangsugar and that was used in the case of NASCON too. If you consider the performance of NASCON so far after the special sale, Danflour had better be listed soon and at a good price too. Traditionally most newly listed stocks enjoy an initial hype and therefore rise, irrespective of the performance of the coy. Hopefully we will have our certs by then and people who want to take advantage of that will be able to |
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Appoints Richard Antony Hadley, a former executive vice president of the Africa region for the cement division of the Larfarge Group as chief executive officer of Dangote Group’s cement division.
See gist in - BusinessDay... the voice of business - Dangote Cement gets chief executive |
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So much is being said about Dangote Cement but things don't seem to be looking up for the company and the man Dangote.
Many investors are not happy with way and manner the Dangote flour offer went and are likely to be cautious toward Dangote Cement. The coffin on Dangote Cement however is government's lifting of the ban on importation of cement. Perhaps attention should shift elsewhere! |
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Congrats all. Keep investing! Keeping earning! Keep shining! Kay
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FG approves importation of cement
You guys can read for yourself. Irrespective of the ban, i still don't think it will be a downturn for the local cement comapnies, Dangote included. We might notice a drop in profits since they will have to reduce their price to compete effectively but i still think it will be attractive. Let's wait and see the figures first. |
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I doubt as much cos Dangote is also importing cement.its a temporary measure.the only pple that can import are pple with cement companies i.e. infrastructure as proven evidence of establishing a cement factory.other individuals or othersiders are not allowed.and it will serve as a quick for income for them to put into their biz.at the same time control the high cost of cement.its temporary
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