Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  NIGERIAN STOCK EXCHANGE,THE  >  Dangote Cement Plc    DANGCEM   NGDANGCEM008

DANGOTE CEMENT PLC (DANGCEM)
My previous session
Most popular
  Report  
End-of-day quote. End-of-day quote  - 01/21
190 NGN   -2.51%
2017Board of South Africa's PPC rejects Fairfax offer, AfriSam merger
RE
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Dangote Cement : African billionaires shrink from 23 to 20 in 2019

share with twitter share with LinkedIn share with facebook
share via e-mail
0
01/12/2019 | 05:14am EST

!-- Alhaji Aliko Dangote -- Alhaji Aliko Dangote Buffeted by plunging stock prices and weaker currencies, the number of African billionaires has shrunk to just 20, down from 23 a year ago. Four people fell off Forbes' annual list of the continent's richest since last year while one returned to the ranks after a four-year absence.

All but four members of the list have smaller fortunes than a year ago. For the eighth year in a row, Aliko Dangote of Nigeria is Africa's richest person.

His estimated $10.3 billion net worth, however, is nearly $2 billion less than a year ago, primarily due to a roughly 20% drop in the stock price of Dangote Cement, his most valuable asset. The continent's second richest is Mike Adenuga, also of Nigeria, worth an estimated $9.2 billion.

Adenuga owns Globacom, which is Nigeria's third-largest mobile phone network, plus oil exploration firm Conoil Producing, extensive real estate holdings in Nigeria and a network of 12,000 cellphone towers. His net worth has climbed dramatically from $5.3 billion in January 2018 as a result of more detailed information provided by him about his assets.

Number three in Africa is diamond heir Nicky Oppenheimer of South Africa. His grandfather founded diamond mining firm DeBeers, which Nicky ran and then sold to mining giant Anglo American for $5.1 billion cash in 2012. He is currently worth an estimated $7.3 billion, down from $7.7 billion a year ago.

Among the few on the list who are richer than a year ago is Strive Masiyiwa of Zimbabwe, worth an estimated $2.3 billion, up from $1.6 billion last year. He's richer due to a rise in the share price of Econet Wireless Zimbabwe and a new investment that boosted the value of his stake in fiber-optic and satellite-services firm Liquid Telecom.

© Pakistan Press International, source Asianet-Pakistan

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on DANGOTE CEMENT PLC
01/18DANGOTE CEMENT : uses AUMUND Group technology
AQ
01/14DANGOTE : killer-truck not ours
AQ
01/13DANGOTE CEMENT : SA, Egypt have the most billionaires in Africa
AQ
01/13DANGOTE CEMENT : SA, Egypt have the most billionaires in Africa
AQ
01/13DANGOTE CEMENT : SA, Egypt have the most billionaires in Africa
AQ
01/12DANGOTE CEMENT : 'Dangote BlocMaster best for construction in swampy area'
AQ
01/12DANGOTE CEMENT : African billionaires shrink from 23 to 20 in 2019
AQ
01/11FORBES : Dangote Africa's Richest, Adenuga Second, Alakija Second Woman
AQ
01/11DANGOTE CEMENT : 'Dangote BlocMaster best for construction in swampy area'
AQ
01/11DANGOTE CEMENT : Maintains Position As Africa's Richest Man
AQ
More news
Financials (NGN)
Sales 2018 905 B
EBIT 2018 350 B
Net income 2018 244 B
Debt 2018 -
Yield 2018 5,87%
P/E ratio 2018 14,44
P/E ratio 2019 10,65
Capi. / Sales 2018 3,67x
Capi. / Sales 2019 3,35x
Capitalization 3 321 B
Chart DANGOTE CEMENT PLC
Duration : Period :
Dangote Cement Plc Technical Analysis Chart | MarketScreener
Full-screen chart
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 12
Average target price 258  NGN
Spread / Average Target 32%
EPS Revisions
Managers
NameTitle
Joseph Oyeyani Makoju Group Chief Executive Officer & Director
Aliko Dangote Chairman
Arvind Pathak Chief Operating Officer
Brian Egan Group CFO, Director & Executive Director-Finance
Sani Dangote Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
DANGOTE CEMENT PLC0.16%9 226
LAFARGEHOLCIM17.28%28 941
ANHUI CONCH CEMENT COMPANY6.05%24 878
SHREE CEMENT LIMITED-9.55%7 628
CHINA RESOURCES CEMENT HOLDINGS LIMITED4.42%6 482
TAIWAN CEMENT CORP--.--%5 965