Came here to find help but left with insults when I actually insulted no one.


Na WA oh!

What can we buy next week on NGX abi make we still dey wait the generator low ni

ositadima1:


@120?

at current price

https://doclib.ngxgroup.com/Financial_NewsDocs/38517_PRESCO_PLC-CORPORATE_DISCLOSURE_CORPORATE_ACTIONS_MAY_2023.pdf

Good evening everyone. Please does anyone have the audited financials of Presco?

Is there public holiday on Monday?

Bbbwings:
Is there public holiday on Monday?

Yes... it is work free day

Ginalex:
https://doclib.ngxgroup.com/Financial_NewsDocs/38517_PRESCO_PLC-CORPORATE_DISCLOSURE_CORPORATE_ACTIONS_MAY_2023.pdf

Good evening everyone. Please does anyone have the audited financials of Presco?

Am yet to see it on Ngx site.
The promise to release on 25th and 26th of this month, but nothing has been seen

Thazard:
Came here to find help but left with insults when I actually insulted no one.


Na WA oh!

Majority of those that replied you actually stated the obvious, but you may view it as an insult. For me, I would be frank with you. Firstly, I don't really think you are vast in Agriculture because it is not as buoyant as you think. Beside the tedious side of it, agriculture is bedeviled with a lot of problem such as insecurity (Fulani Herdsmen), increasing and frustrating cost of labour and farm equipment, thieves or people in the village can come overnight with truck and harvest all your cassava before daybreak. Therefore, I will advise you think of other reasonable thing to do.

Know this and know peace, no bank would give loan to someone without adequate collateral/security/antecedents to experiment on agriculture. I am a farmer as well and know what I am talking about. I once work at IITA Ibadan Soil Microbiology Department between 88-91 and partook in their research on increased cassava production in Nigeria.

Lastly, this forum is for stock related issues and not how to raise funds for startup. So, desist from making further comments on this subject. Good luck to you in whatever you decide to lay your hands on.

[quote author=kolaish post=123407012]Majority of those that replied you actually stated the obvious, but you may view it as an insult. For me, I would be frank with you. Firstly, I don't really think you are vast in Agriculture because it is not as buoyant as you think. Beside the tedious side of it, agriculture is bedeviled with a lot of problem such as insecurity (Fulani Herdsmen), increasing and frustrating cost of labour and farm equipment, thieves or people in the village can come overnight with truck and harvest all your cassava before daybreak. Therefore, I will advise you think of other reasonable thing to do.

Know this and know peace, no bank would give loan to someone without adequate collateral/security/antecedents to experiment on agriculture. I am a farmer as well and know what I am talking about. I once work at IITA Ibadan Soil Microbiology Department between 88-91 and partook in their research on increased cassava production in Nigeria.

Lastly, this forum is for stock related issues and not how to raise funds for startup. So, desist from making further comments on this subject. Good luck to you in whatever you decide to lay your hands on.

[/quot
Gbam

kolaish:
Majority of those that replied you actually stated the obvious, but you may view it as an insult. For me, I would be frank with you. Firstly, I don't really think you are vast in Agriculture because it is not as buoyant as you think. Beside the tedious side of it, agriculture is bedeviled with a lot of problem such as insecurity (Fulani Herdsmen), increasing and frustrating cost of labour and farm equipment, thieves or people in the village can come overnight with truck and harvest all your cassava before daybreak. Therefore, I will advise you think of other reasonable thing to do.

Know this and know peace, no bank would give loan to someone without adequate collateral/security/antecedents to experiment on agriculture. I am a farmer as well and know what I am talking about.

Lastly, this forum is for stock related issues and not how to raise funds for startup. So, desist from making further comments on this subject. Good luck to you in whatever you decide to lay your hands on.

I started my palm plantation in 2011 and about a year after I wept on the farm regretting why I took the decision. Though after continuous investment the story is not the same today. I will advise the young man to start trading in garri (his choice of produce) with the little amount he has. He will learn the dynamics and increase his turnover over time. If he's able to gain the trust of the local farmers they will eventually allow him to get their cassava on credit. Understand the value chain and decide where you want to operate. Dangote for example didn't start his cement business by building a factory. I believe if you calm down and piece the snippets of suggestions offered here together, you will see the solution that you seek. If someone even asked you how you arrived at N5 million as the funds you need, I am not sure you will be able to defend it but that's by the way. Sorry for my long epistle.

emmanuelewumi:
What can we buy next week on NGX abi make we still dey wait the generator low ni

Emma u just want to whine us? Market is there for you to buy all the buyable.

Harvestock01:


I started my palm plantation in 2011 and about a year after I wept on the farm regretting why I took the decision.

I just sold about 55 acres of the palm plantation I cultivated in osun state since 2015. I personally went to NIFOR in benin in 2015 to buy Tenera Seedlings that was planted on the farm. Part of the reason why I sold the farm is that I hardly have time to supervise it. I go to the farm once in a year and just when I decided to create time for it last year, I started hearing of kidnappings especially along the same area in Osun state. I don't have N20m ransom to give to anybody in the name of farming

kolaish:
I just sold about 55 acres of the palm plantation I cultivated in osun state since 2015. I personally went to NIFOR in benin in 2015 to buy Tenera Seedlings that was planted on the farm. Part of the reason why I sold the farm is that I hardly have time to supervise the farm. I go to the farm once in a year and just when I decided to create time for it last year, I started hearing of kidnappings especially along the same area in Osun state. I don't have N20m ransom to give to anybody in the name of farming

Kuku invest the money realized from the sale of the land into Okomu and Presco, you will still earn good dividends from agriculture

emmanuelewumi:




Kuku invest the money realized from the sale of the land into Okomu and Presco, you will still earn good dividends from agriculture

Part of my plan though is to buy just 2 stocks (Presco and one other) with it. But my mind keep telling me to wait till around September, maybe I can still get them at a lower low

kolaish:
Part of my plan though is to buy just 2 stocks (Presco and one other) with it. But my mind keep telling me to wait till around September, maybe I can still get them at a lower low

When Presco liquidates their debt in the next 3 years, it has the possibility of exceeding EPS of N30.00.


There is a lawyer who went home with a dividend of over N200 million from Okomu Oil this week.

Mfunkynation:


Am yet to see it on Ngx site.
The promise to release on 25th and 26th of this month, but nothing has been seen

Okay. Thank you

emmanuelewumi:



When Presco liquidates their debt in the next 3 years, it had the possibility of exceeding EPS of N30.00.


There is a lawyer who went home with a dividend of over N200 million from Okomu Oil this week.

You are on point. And to think that this same Presco was selling between N39 - N45 about 4 years ago means that I missed a lot. I would not be surprised if it is selling for N300 in 2 years time.
*edited

kolaish:
You are on point. And to think that this same Presco was selling between N39 - N45 just 4 years ago means that I missed a lot. I would not be surprised if it is selling for N300 in 2 years time.

Follow the earnings growth and use that to determine what you can pay for the stock, if generational low happens while doing this all well and good

Thazard:
Came here to find help but left with insults when I actually insulted no one.


Na WA oh!

Bros my own advice is simple. First nobody go even listen to that kind talk with you
I don't know whr you stay.If you can trek from thr to abj and give it name like,I am trekking for jagaban.The corruption they are sharing fit reach you

emmanuelewumi:



When Presco liquidates their debt in the next 3 years, it has the possibility of exceeding EPS of N30.00.


There is a lawyer who went home with a dividend of over N200 million from Okomu Oil this week.

I for just go my village they. chop grass cutter and steady fresh palm wine.Na retirement don start be that.i no need to be rich like dangota

Thazard:
Came here to find help but left with insults when I actually insulted no one.


Na WA oh!

Country hard oh. I've been successful on my part on being a two time nominee for the NYIF. Each of those two times, I have just spent money following procedures and opening accounts without disbursement. Nigeria is a terrible place. This country is depressing for the everyday young Nigerian.
It is hard raising that sum from commercial banks. Small default of one week I had back in service year with Access, that is how they stopped my 30k access to credit. I thank God for today we're still hustling and bustling.
Perhaps, give BOI a try as I'm trying to meet-up several requirements knowing that staff might still subvert the process.

AGAIN 🇳🇬 IS DEPRESSING FOR THE EVERYDAY YOUNG NIGERIAN

emmanuelewumi:
Don't get me wrong it is very possible to work for 3 years without savings, but one would have used part of the money earned to buy things that can be sold to raise money.


But that clown does not have savings and does not have anything to sell in order to raise money for his proposed agric business

Take it easy man. It is very possible to work for three years and have nothing left. You don't know if he has people that depend on him or if he has some responsibilities.

FoolishBoy419:



Take it easy man. It is very possible to work for three years and have nothing left. You don't know if he has people that depend on him or if he has some responsibilities.

Unfortunately that is none of the business of the financial institutions he needed N5 million unsecured loan from

Streetinvestor2:
I for just go my village they. chop grass cutter and steady fresh palm wine.Na retirement don start be that.i no need to be rich like dangota

Solid passive income, Baba is a Senior Advocate of Nigeria and he has been a shareholder right from when the stock was N5 enjoyed numerous bonus shares.

[quote author=Zagee post=123410125]

Country hard oh. I've been successful on my part on being a two time nominee for the NYIF. Each of those two times, I have just spent money following procedures and opening accounts without disbursement. Nigeria is a terrible place. This country is depressing for the everyday young Nigerian.
It is hard raising that sum from commercial banks. Small default of one week I had back in service year with Access, that is how they stopped my 30k access to credit. I thank God for today we're still hustling and bustling.
Perhaps, give BOI a try as I'm trying to meet-up several requirements knowing that staff might still subvert the process.

AGAIN

aremso:


Emma u just want to whine us? Market is there for you to buy all the buyable.

My oga I saw you nairaland email notification but didn't see your mail in my mailbox. Kindly shoot me a direct mail via 9free@maildotcom.
Thanks

emmanuelewumi:
Don't get me wrong it is very possible to work for 3 years without savings, but one would have used part of the money earned to buy things that can be sold to raise money.


But that clown does not have savings and does not have anything to sell in order to raise money for his proposed agric business

Every other guidance/thing you stated is very much in order except for that part in bold and a bit of what I consider immoderate bluntness here and there.
...we can always guide others without appearing to be overindulgent or harsh.

Our spoken words/guide can either make or break someone.
Even the scriptures advises us to "keep a tight rein on our tongue" so we do not use it to incite or make others stumble. And at Prov 12:18, the wise king Solomon gave a classification to what forms of speech/advice can infer a "stab" or connote "healing or proper guidance".

Ask yourself; What if the situation where to be turned around... what if I was he?
Did other folks guide or address me in a similar manner in my early beginnings?
Even now that am doing well, would it feel normal/ok if I sought advise from someone and they addressed me in that manner?

As I always tell folks; whatever life offers us is only but a PRIVILEGE made possible by GRACE from DEVINE!
...which is why we should rather treat people with compassion, graciousness and nobility.

If there's anyone that ought to know this, it's you!
Many folks here hold you in high esteem. Saying that you should be noble and exemplary should already be taken for granted.

...just offering a piece of advice.
Regards

onegentleguy:


Every other guidance/thing you stated is very much in order except for that part in bold and a few traces of what I consider immoderate bluntness here and there.
...we can always guide others without appearing to be overindulgent or harsh.

Our spoken words/guide can either make or break someone.
Even the scriptures advises us to "keep a tight rein on our tongue" so we do not use it to incite or make others stumble. And at Prov 12:18, the wise king Solomon gave a classification to what forms of speech/advice can infer a "stab" or connote "healing or proper guidance".

Ask yourself; What if the situation where to be turned around... what if I was he?
Did other folks guide or address me in a similar manner in my early beginnings?
Even now that am doing well, would it fel normal if I sought advise from someone and they spoke to me in that manner?

As I always tell folks; whatever life offers us is only but a PRIVILEGE made possible by GRACE from DEVINE!
...which is why we should rather treat people with compassion, graciousness and nobility.

If there's anyone that ought to know this, it's you!
Most folks here hold in high esteem. Saying that you should be noble and exemplary should already be taken be grated.

...just offering a piece of advice.
Regards

Oga the street treats nobody with kids gloves. Let the guy take assimilate all the banter, roll up his sleeves and get to work

emmanuelewumi:
What can we buy next week on NGX abi make we still dey wait the generator low ni

Buy NGSEBNK

onegentleguy:


Every other guidance/thing you stated is very much in order except for that part in bold and a few traces of what I consider immoderate bluntness here and there.
...we can always guide others without appearing to be overindulgent or harsh.

Our spoken words/guide can either make or break someone.
Even the scriptures advises us to "keep a tight rein on our tongue" so we do not use it to incite or make others stumble. And at Prov 12:18, the wise king Solomon gave a classification to what forms of speech/advice can infer a "stab" or connote "healing or proper guidance".

Ask yourself; What if the situation where to be turned around... what if I was he?
Did other folks guide or address me in a similar manner in my early beginnings?
Even now that am doing well, would it fel normal if I sought advise from someone and they spoke to me in that manner?

As I always tell folks; whatever life offers us is only but a PRIVILEGE made possible by GRACE from DEVINE!
...which is why we should rather treat people with compassion, graciousness and nobility.

If there's anyone that ought to know this, it's you!
Most folks here hold in high esteem. Saying that you should be noble and exemplary should already be taken be grated.

...just offering a piece of advice.
Regards

It is clownish to expect an unsecured loan of N5 million for 6 years for a new business, the founder has not exhibited a track record of success in business or his personal finance, the founder does not have tangible asset to contribute to the equity of the start up business. The founder is also a known gambler


The bank manager will walk him out of his office immediately

I started taking stock market investment seriously when I was turned down by a micro finance bank many years ago when I applied for a loan of just 250k.


I asked the bank manager why did he give a guy in the neighbourhood a loan of N1 million for his business, the manager said he had about N4 million worth of shares bequethed to him by his late father who was an accountant.



Lo and behold I started investing in shares seriously, within 9 months I got a secured loan of 400k from UBA and an unsecured loan of 100k.


It is left for the guy to pick the needed information and see what he can do to solve his problem.


There is no sentiment in business, it is clownish to need N5 million and you don't want to put anything down which you will lose if the business failed.


It is selfish, he wants the bank to bear all the risks and he should not have any risk whatsoever

Agbalowomeri:


Oga the street treats nobody with kids gloves. Let the guy take assimilate all the banter, roll up his sleeves and get to work

Exactly.


Nothing is free, even in Freetown you have to pay