RenCap and Chapel Hill Denham are bullish on Dangote Refinery and Petrochemical.
2026 profit forecasts: $3.61bn vs $4.10bn.
Expansion payoff: 2030 vs 2029.
Both predict growth, however they differ on when it lands and what it is worth.
My take: execution and entry price will decide the returns. Basically, try the IPO then load up in the first few trading months and wait.
Chapel Hill Denham values Dangote refinery at $62.53 billion in 12 months
Current valuation is around $48 billion at an IPO price of N525 per share
Projected 12 month upside is 30.3%
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NGX top 20 companies by market capitalisation across different periods.
Before (in 1995), it was manufacturing. Then the banks reigned. Now it is the telcos.
“Has Ronaldo scored two free kicks in a match” 🤡
Ronaldo holds the record for the most 2-free-kick goals in a single match in football history. He’s also the only player to have done it for three or more different clubs, and he is one of the few players to score two free kicks in a single Champions League game.
Don’t confuse visibility with value.
Not everything that gets attention is valuable, and not everything valuable gets attention.
This has been one of the biggest problems with the Nigerian social media space.
I'm not joking when I say the bar for gaining access to my life is so high that even those who already have access still need to keep verifying their access.
I am NOT opening the door to a stranger until it is abundantly clear to me that you don't come with complications.
The word ‘friend’ means so much to me, the same way a ‘life partner’ means much.
I met you on social media, at work, and in church; that doesn't automatically mean you are a friend.
You are FAR from being an acquaintance.
I did a HARD job arranging every piece of my life to make it manageable in this tricky world.
Opening it up to wolves is the last thing I’d like to play with.
People complicate great things.
Be careful.
Hold up your wall like that of Jericho.
The NGX has announced that these changes will take effect next week Monday, 17th August, 2026.
I expect this to aid swift price movements and allow the market to adequately show their view of a company's value.
Large stocks like Aradel and Presco would move much faster.
If you get pregnant for a man and he tells you he does not want the baby and you keep it and give birth for reasons best known to you, please be prepared to train the baby by yourself and do not call him deadbeat. 😒😒😒 Like I am a lover of women but some of you all do too much. 😳
One of the values my parents instilled in me was to help others without expecting anything in return. Not everyone will repay your kindness with kindness. That’s about who they are, not who you are. So keep helping, keep being kind & Allah will place kind people in your life!