it goes up doesn’t mean it will come down. Financial Market Enthusiast|Stocks Trader in the Embryo|Crypto Trader|Airdrop|Technical analyst|⛺ #camper4life
@VitafoamNG PLC a thread 🧵
*Overview & Bussiness model*
Vitafoam Nigeria Plc is Nigeria's leading manufacturer of polyurethane foam products in Nigeria.
They produce mattresses, pillows, cushions, duvets, bedding accessories, furniture, and industrial applications...
3. Total Equity: ₦37.3 billion (strong growth of ~42-49% YoY from ~₦25.0 billion in FY2024), reflecting robust profit retention and improved shareholder value
@VitafoamNG PLC a thread 🧵
*Overview & Bussiness model*
Vitafoam Nigeria Plc is Nigeria's leading manufacturer of polyurethane foam products in Nigeria.
They produce mattresses, pillows, cushions, duvets, bedding accessories, furniture, and industrial applications...
I gave an update that Vitafoam was ready for another upward swing from the N54.90 it was and someone on Twitter challenged my position with a technical chat doubting my claim. Well, one month after, Vitafoam climbs 34% and is now N74 as we speak.