DANGCEM Dangote Cement just had about a 50% retracement from an all time high of 763naira/share in January 2024. Current Price: 349
Dangote Cement Plc is Africa's largest cement producer, although the recent entry of Huaxin Cement and their acquisition of Lafarge has positioned them to become a major competitor in the African cement industry, challenging established players like Dangote Cement and BUA Cement.
Regardless Dangcem is still a key market leader in Cement Manufacture. Low Risk buy zones for #Dangcem is btw 242 - 349
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