When a palm oil company's profit is bigger than the market cap of some major banks
When a palm oil company's profit is bigger than the market cap of some major banks: "Presco Plc has posted a remarkable financial performance for the quarter ended June 30, 2025, signaling what analysts now describe as a golden era for Nigeria’s palm oil sector. The company reported a pretax profit of N53.2 billion in Q2 2025, marking a 156% increase from N20.7 billion recorded in the same period last year. The result lifted Presco’s half-year pretax earnings to N111.8 billion, up 121.76% from H1 2024, driven primarily by a massive jump in revenue."
Check the market caps of some banks in Nigeria. Notice that Presco's profit is LARGER than some banks. That tells us where the value is right now. I mean Presco and Okomu Oil are the real Bitcoins in Nigeria, and young people should explore palm trees as they are the real "osisi na ami ego" [the tree which produces money as the fruits]