DANGSUGAR


No matter how you look at it, we have done incredibly well on Dangote Sugar from all odds. First call on this was the N33-N35 per share, and we rode to N70-N88 per share.
Recall, my previous detailed analysis on this, I said if we lose the N71.35/share, I am looking at two regions, which include:
1. The 50-EMA zone of N58.75/share, which is a solid base and
2. The N52.05/share is also a good region to bid
Also, the proposed right issue of N500 billion is a factor to consider. How much will "Alhaji" be pricing the right
#NFA #SENKOREQUESTSESSION
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin