If you invested N 1,000,000.00 in Dangote Cement at the beginning of 2019, you now have N 874,316.00

September 11, 2019 by  
Filed under Nigeria Stock Exchange

Our goal Expresspostings.com is to point Nigerians to the direction of making money. We sometimes use case studies and today case study is Dangote Cement.

If we invested N 1,000,000.00 in Dangote Cement at the beginning of the year 2019 when Dangote Cement was at N 185 Naira per share. The money will be down to N 874,316.00 right now because the stock is at N 160.00 per share as of today September 11, 2019.

Therefore, Dangote Cement may not be a good investment for now or the next year because it has a downtrend and the company is not doing anything to change direction to profitability.

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