Lafarge Africa PLC released its FY2025 Audited Financials on the 26th of February, 2026, and the numbers were quite impressive. From a struggling company a few years ago with its loss-making South African misadventure to a company that has become a toast to investors, Lafarge has seen it all. Between December 17, 2018 and January 23, 2019 the company did a Rights issue of 7.4 billion ordinary shares at ₦12 per share on the basis of 6 new shares for every 7 existing shares held. Sometime in 2019 the share price even dipped further to ₦9 - ₦10 range. That same company, Lafarge Africa PLC (NGX ticker symbol: WAPCO) now has its share price trading at circa ₦215 as at the date of publishing this article, placing its valuation on the NGX at over ₦3.4 trillion. Imagine for a moment that you had invested ₦1 million in the stock when it was selling for ₦10 and held until now, that would have been a 21.5 bagger right there, essentially appreciating to ₦21.5 million within a period of 7 yea...
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