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Suggestions Needed On Where To Invest N14million For 23months - Investment (9) - Nairaland

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Suggestions Needed, Please Where Can I Invest 100k / Your Suggestions Needed / Suggestions Needed Urgently... (2) (3) (4)

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Re: Suggestions Needed On Where To Invest N14million For 23months by Vatod(m): 7:33pm On Jun 02, 2020
godswilld10:

Nigerian use is between 4m or so.....but the business is so cool and there's a lot of money in it
which one is more profitable between the 911 and 10 tires
Re: Suggestions Needed On Where To Invest N14million For 23months by godswilld10(m): 7:41pm On Jun 02, 2020
Vatod:
what’s the downside of the business
just to carry palm fruits from the plantation to the mill.....the company is a white man company
Re: Suggestions Needed On Where To Invest N14million For 23months by godswilld10(m): 7:42pm On Jun 02, 2020
Vatod:
which one is more profitable between the 911 and 10 tires
10tires
Re: Suggestions Needed On Where To Invest N14million For 23months by godswilld10(m): 7:46pm On Jun 02, 2020
godswilld10:

10tires
Something like this

Re: Suggestions Needed On Where To Invest N14million For 23months by SavageResponse(m): 4:04pm On Jun 04, 2020
godswilld10:

Nigerian use is between 4m or so.....but the business is so cool and there's a lot of money in it

How many trucks do you own?
Re: Suggestions Needed On Where To Invest N14million For 23months by godswilld10(m): 11:58am On Jun 05, 2020
SavageResponse:


How many trucks do you own?
1
Re: Suggestions Needed On Where To Invest N14million For 23months by dedons: 2:21pm On Jun 05, 2020
Nitric:
I need suggestions or proposals for investment of the sum of N16 million for a period of 30 months starting from May 2020.

All sectors of the economy are welcome including including forex trading and other online businesses, just make sure you can defend your proposal with evidence of past performance.

I would also consider investing in a viable business venture but would need to exit by November 2022
.
Re: Suggestions Needed On Where To Invest N14million For 23months by Heleex: 6:12pm On Jun 05, 2020
dedons:
Can you sponsor my LPO for monthly supply of goods to a certain company. while we both share the profit.

What is the average amount of the LPO on monthly basis?

What is the percentage split of profit?

When is the normal payment for the LPO?

How do you intend to mitigate the risk against investor's capital?

Are you ready to provide collateral and go through legal processes for security of investor's fund?

Are you willing to do domiciliation of payment for the LPO to investor's account?
Re: Suggestions Needed On Where To Invest N14million For 23months by dedons: 6:27pm On Jun 05, 2020
Heleex:


What is the average amount of the LPO on monthly basis?

What is the percentage split of profit?

When is the normal payment for the LPO?

How do you intend to mitigate the risk against investor's capital?

Are you ready to provide collateral and go through legal processes for security of investor's fund?

Are you willing to do domiciliation of payment for the LPO to investor's account?
Can we chat on WhatsApp?
Re: Suggestions Needed On Where To Invest N14million For 23months by Heleex: 8:11pm On Jun 05, 2020
dedons:
Can we chat on WhatsApp? 08172709501

Those questions haven't need of private communication.

2 Likes

Re: Suggestions Needed On Where To Invest N14million For 23months by SavageResponse(m): 4:37am On Jun 06, 2020
dedons:
Can we chat on WhatsApp? 08172709501


Are you in Lagos?
Re: Suggestions Needed On Where To Invest N14million For 23months by kaywhy09(m): 7:10am On Jun 06, 2020
.
Re: Suggestions Needed On Where To Invest N14million For 23months by dedons: 11:08am On Jun 06, 2020
SavageResponse:



Are you in Lagos?
Yes, I am.

please my WhatsApp 08172709501.
Re: Suggestions Needed On Where To Invest N14million For 23months by Nitric(m): 12:20pm On Jun 06, 2020
dedons:
Can we chat on WhatsApp?

The questions @Heleex asked are in order and it's obvious he is experienced in business/project finance.

Answering these questions here will not constitute disclosure of trade secret therefore I see no reason why you want to move the conversation to WhatsApp at this stage.

I have checked out your profile and it was created in 2009 therefore I'm confident you're not a scammer that is why I have taken my time to explain the importance of the questions and why you need to answer them.

[quote author=Heleex post=90346475]
What is the average amount of the LPO on monthly basis?

Before any serious person commits to an engagement he/se would like to have an idea of the scale of the transaction. The volume also gives an indication of your experience level.

What is the percentage split of profit?
What is your proposed profit sharing formula with your financier?

When is the normal payment for the LPO?
How long will it be before the company makes payment on the invoice. Depending on the company it could range from 14 - 45 days

How do you intend to mitigate the risk against investor's capital?
What steps would you take to ensure that you perform the contract to specification such that the company that issued the LPO will not have any reason to unduly delay payment or make deduction for poor-performance?

Are you ready to provide collateral and go through legal processes for security of investor's fund?
Are you ready to sign an agreement that will set out the terms of the relationship and the obligations of each party to the transaction?

Are you willing to do domiciliation of payment for the LPO to investor's account?
What this means is that when making payment the client will route the payment straight to the bank account of the investor.
This is a good way of ensuring that the proceeds are not diverted by you.
Personally as far as I am concerned this is the most important condition and based on my previous unpleasant experience before I will never even consider financing this type of transaction no matter the ROI if domiciliation of payment into my business account is not in place!

3 Likes

Re: Suggestions Needed On Where To Invest N14million For 23months by dedons: 12:25pm On Jun 06, 2020
Nitric:


The questions @Heleex asked are in order. Answering them here will not constitute disclosure of trade secret therefore I see no reason why you want to move the conversation to WhatsApp at this stage

.
Re: Suggestions Needed On Where To Invest N14million For 23months by dedons: 12:45pm On Jun 06, 2020
Heleex:


What is the average amount of the LPO on monthly basis?

What is the percentage split of profit?

When is the normal payment for the LPO?

How do you intend to mitigate the risk against investor's capital?

Are you ready to provide collateral and go through legal processes for security of investor's fund?

Are you willing to do domiciliation of payment for the LPO to investor's account?

1) Average LPO Amount is N16.1m monthly with an average profit of N4m monthly

2) It will be agreed on by both of us

3) Exactly 30days after delivery

4) Samples of the products have been sent to the company and have been confirmed to be exactly what is needed

5) I don't really have a collateral but I can go through any legal process.

6) Yes, payment can be made directly to investors bank account. it's left for me to inform the company about it.

I hope to hear from you. As LPO starts counting from Monday the 8th of June and will only last for a week.

You can reach me on 08172709501.

Thank you.
Re: Suggestions Needed On Where To Invest N14million For 23months by Nitric(m): 6:51pm On Jun 06, 2020
dedons:


1) Average LPO Amount is N16.1m monthly with an average profit of N4m monthly

2) It will be agreed on by both of us

3) Exactly 30days after delivery

4) Samples of the products have been sent to the company and have been confirmed to be exactly what is needed

5) I don't really have a collateral but I can go through any legal process.

6) Yes, payment can be made directly to investors bank account. it's left for me to inform the company about it.

I hope to hear from you. As LPO starts counting from Monday the 8th of June and will only last for a week.

You can reach me on 08172709501.

Thank you.

I just sent you an email
Re: Suggestions Needed On Where To Invest N14million For 23months by Heleex: 7:20pm On Jun 06, 2020
Nitric:


The questions @Heleex asked are in order and it's obvious he is experienced in business/project finance.

Answering these questions here will not constitute disclosure of trade secret therefore I see no reason why you want to move the conversation to WhatsApp at this stage.

I have checked out your profile and it was created in 2009 therefore I'm confident you're not a scammer that is why I have taken my time to explain the importance of the questions and why you need to answer them.


@Nitric, This is your thread, so I don't want to derail discuss. What is your assessment of the response from @dedons.

Are you solely able to provide the financial obligation?

@dedons, are you able to provide financial records or balance sheet of at least 2years of operations?

dedons:


1) Average LPO Amount is N16.1m monthly with an average profit of N4m monthly

2) It will be agreed on by both of us

3) Exactly 30days after delivery

4) Samples of the products have been sent to the company and have been confirmed to be exactly what is needed

5) I don't really have a collateral but I can go through any legal process.

6) Yes, payment can be made directly to investors bank account. it's left for me to inform the company about it.

I hope to hear from you. As LPO starts counting from Monday the 8th of June and will only last for a week.

You can reach me on 08172709501.

Thank you.
Re: Suggestions Needed On Where To Invest N14million For 23months by ahmedio: 7:49pm On Jun 06, 2020
Nitric:
I need suggestions or proposals for investment of the sum of N16 million for a period of 30 months starting from May 2020.

All sectors of the economy are welcome including including forex trading and other online businesses, just make sure you can defend your proposal with evidence of past performance.

I would also consider investing in a viable business venture but would need to exit by November 2022

If you are in Lagos go into Joint Venture with a developer. You can sell the property on lease and make about 80% ROI
Re: Suggestions Needed On Where To Invest N14million For 23months by Nitric(m): 8:27pm On Jun 06, 2020
Heleex:

@Nitric, This is your thread, so I don't want to derail discuss. What is your assessment of the response from @dedons.
Please feel free to approach Dedons if you are also interested in the transaction.
I am satisfied so far but I need to probe further to determine the nature of items to be supplied, confirm business registration, review financial records regarding previous LPOs and generally assess his experience and competency.
I have sent him an email requesting further information.

Are you solely able to provide the financial obligation?
I am solely able to provide the financial obligation but being that this would be my first time of doing business with him I will possibly only accept to finance just a proportion (Please note that I have not yet given a firm commitment yet, I will need to conclude my due diligence before I decide whether to proceed or not)


@dedons, are you able to provide financial records or balance sheet of at least 2years of operations?
Re: Suggestions Needed On Where To Invest N14million For 23months by Heleex: 10:16am On Jun 07, 2020
[quote author=Nitric post=90384672][/quote]

At this stage, it is too early to make a decision on interest in the transaction because there are detailed investigation and assessment/analysis that have to be done to aid decision making.

Considering the time-limit of financing the LPO as mentioned by @decons, it will be practically impossible to carry out my due diligence within such period and for this reason, I cannot confirm an interest.

2 Likes

Re: Suggestions Needed On Where To Invest N14million For 23months by SavageResponse(m): 8:39pm On Jun 07, 2020
kaywhy09:
Forex Trading is your best bet, especially when you plan to invest for so long. Ask me, I'll show you. Check my sig n

Another self-acclaimed forex trading champion grin

Please respond to the question on this thread:

https://www.nairaland.com/5889914/it-possible-survive-only-profits
Re: Suggestions Needed On Where To Invest N14million For 23months by dealerman(m): 9:11am On Jun 08, 2020
Invest in Rice Processing and Distribution. Nigeria stable food is Rice and there more than 100 million Nigerians who eat rice at list once daily.
Your ROI is 100% in the 1st 8-9months.
If you need more details, feel free to contact me 07014114189
Re: Suggestions Needed On Where To Invest N14million For 23months by Nitric(m): 8:43pm On Jun 08, 2020
dealerman:
Invest in Rice Processing and Distribution. Nigeria stable food is Rice and there more than 100 million Nigerians who eat rice at list once daily.
Your ROI is 100% in the 1st 8-9months.
If you need more details, feel free to contact me 07014114189

Are you talking about Nigerian rice or foreign rice?
Re: Suggestions Needed On Where To Invest N14million For 23months by Sysdatek: 8:50pm On Jun 08, 2020
Another thread to mop up peoples business ideas

cheesy grin
Re: Suggestions Needed On Where To Invest N14million For 23months by dealerman(m): 10:56pm On Jun 08, 2020
Nitric:


Are you talking about Nigerian rice or foreign rice?

I mean local rice
or you invest in local supply of wood for export, it's 100% ROI within the first 3 months
Re: Suggestions Needed On Where To Invest N14million For 23months by Nitric(m): 9:06am On Jun 10, 2020
boxdfrosh:
Contact me on WhatsApp call or SMS +2348067344821
You can invest in

4.) Renting equipment for physical mining of raw materials like gold, platinum, diamonds, asphalt,bitumen,limestone and marble


Please explain how this works

1 Like

Re: Suggestions Needed On Where To Invest N14million For 23months by abel83215: 10:55am On Jun 10, 2020
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Re: Suggestions Needed On Where To Invest N14million For 23months by Bee2011: 2:08pm On Jun 10, 2020
You can invest a proportion of that in palm oil production. We partner with you for a maximum of 2 years. If you are ready you let me know. Interest will be agreed between both parties and terms and conditions will be spelt out. Collaterals available.
Re: Suggestions Needed On Where To Invest N14million For 23months by Nitric(m): 10:58am On Jun 11, 2020
Bee2011:
You can invest a proportion of that in palm oil production. We partner with you for a maximum of 2 years. If you are ready you let me know. Interest will be agreed between both parties and terms and conditions will be spelt out. Collaterals available.

Has you business been in operation for at least 24 months?

Where is your operational facility located?
Re: Suggestions Needed On Where To Invest N14million For 23months by Bee2011: 1:34pm On Jun 11, 2020
Yes...Our operational base is in Akwa Ibom state.

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