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Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' - Business (5) - Nairaland

Nairaland Forum / Nairaland / General / Business / Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' (56132 Views)

Elon Musk Is Now The Richest Person In The World / Elon Musk Overtakes Bill Gates As The 2nd Richest Man In The World / Coca-cola To Start Producing Marijuana Infused Drinks. (2) (3) (4)

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Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by MrSensor(m): 10:13am On Apr 28, 2022
Minjim:
He can't afford to buy coca cola.
he can buy Coca-Cola and Nigeria too
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by SamPeeLamen(m): 10:14am On Apr 28, 2022
Man buying companies for fun, Elon Musk.
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by TOPCRUISE(m): 10:16am On Apr 28, 2022
He want to die this year angry
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by Tohsynetita1: 10:17am On Apr 28, 2022
SmartyPants:


It's not about buying it outright. There are a million ways to buy coca cola without buying it outright, same way he's not buying Twitter outright.
Please explain further. What is outright buying?
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by derecho(m): 10:17am On Apr 28, 2022
I expect you to get the gist and stop behaving naive.
What amount of money do you think we are talking about?Is Dangote in the same league with Cubana Chief Priest?Do you see dangote(number 150 in the world) behaving like the latter?

What Elon spent on twitter is more than Dangote's wealth.You think he looks at money the same way Dangote sees it?

King Solomon is the richest man that ever lived and at a very early age.What didn't he see? This same person for 40years enjoyed stupendous wealth and in his wisdom mused "All is vanity" and you are here talking about what you don't know.
Udemzy05:


You need to get it first bro.

2 Likes

Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by derecho(m): 10:18am On Apr 28, 2022
Do you understand the meaning of EVERYTHING?
Remag666:

The bolded is a big fat lie and you know it...money is not everything but you dey find money undecided
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by Slynation(m): 10:19am On Apr 28, 2022
derecho:
When money too much...you'll understand the meaning of "Vanity Upon Vanity"

All the people shouting "money...money..More money" never see money.

When you really get this money, you'll understand what Solomon was saying.
Lol...let the money come first, I want to experience vanity as well grin
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by MichaelSokoto(m): 10:19am On Apr 28, 2022
habsydiamond:
Which one be cocaine coca cola.. If this happens which I doubt, there will be abuse of this drink with 3.5 whatever of cocaine in one multiplied by 3 to 5 bottles. That's drug abuse ooo

Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by just2endowed: 10:19am On Apr 28, 2022
einsteine:


Total Assets is not what is used to value a public company.

It is the market capitalisation and you have to pay a premium over the market capitalisation to buy the company. In Coca Cola's case, the market cap is almost 300 billion US dollars.

Yes that's true..... Corrected.
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by SmartyPants(m): 10:21am On Apr 28, 2022
einsteine:


He is buying Twitter outright. 100%.

And no, he can't afford Coca Cola. With no experience in consumer goods/beverages, banks won't lend him money like they are doing for the Twitter deal.

kosovo:


Dude bought Twitter outright, 100% cash..


There is no excuse for this sort of ignorance because where on earth did you hear that he bought it and paid cash? You assumed that, probably from reading headlines without understanding the content.

1. He is not buying Twitter outright. He is buying with the help of Investment banks. His actual stake will be around 30%

2. He has not bought Twitter yet. He has an agreement with the board but there are still many hoops to go through. Point is, the sale is not concluded not to talk about buying it with cash.

https://www.bloomberg.com/news/articles/2022-04-27/confused-by-musk-s-twitter-lbo-here-s-what-s-weird-quicktake#:~:text=What%20is%20the%20deal%3F,if%20the%20transaction%20goes%20through.
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by alabo1: 10:21am On Apr 28, 2022
onomeabuja:

No how much b Coca Cola.....
È cost past d twitter wen him buy

Coca cola is worth approximately 265 billion USD currently. He can't afford to buy it. Peace

1 Like

Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by Elliotwaveforec: 10:21am On Apr 28, 2022
So there's cocaine in Coke; Cocaine and maybe Kolanut.
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by Nobody: 10:22am On Apr 28, 2022
Johnnycastro18:
After COCA COLA, Next would be dangote cement
To put more cement inside grin grin
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by Tonytonex(m): 10:23am On Apr 28, 2022
Na cruise he dey catch. And moreover, coca-cola is not for sale.
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by derecho(m): 10:23am On Apr 28, 2022
Of course, I don't consider ritual money as real wealth.
My reference is King Solomon's wealth.
There are people shouting money here on NL who will become confused and lose their peace if you give them 2Billion dollars. Don't forget to convert it to naira.

BigYash:
If money is not everything, wetin be the other thing bros? When we say money,no be ritual money,wen peace of mind no follow. We are talking about real good money here bro..

1 Like

Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by SIRTee15: 10:23am On Apr 28, 2022
AirFireEarthH20:
This Elon Musk is always tweeting during night time or day time. I remember some democrats on his Twitter page accusing him and his father of stealing diamonds in South Africa and he was busy replying the tweet with funny stuffs. One would even think he's jobless because he's always online.

No wonder he's a subtle racist. U need to hear about maltreatment of blacks working in his factory, including calling some areas slave quarters.
some smart blacks are cashing out though- they sued tesla and got compensated big time.
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by Taidi(m): 10:24am On Apr 28, 2022
id911:
Do you agree with his tweets?




https://mobile.twitter.com/elonmusk/status/1519480761749016577
It seems you don't know Elon musk on twitter. Na cruise the guy dy catch.

1 Like

Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by Tonytonex(m): 10:24am On Apr 28, 2022
alabo1:


Coca cola is worth approximately 265 billion USD currently. He can't afford to buy it. Peace
They won't even sell it.
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by ALABACONNECT(m): 10:25am On Apr 28, 2022
Major cruise grin
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by showafrica(m): 10:25am On Apr 28, 2022
Flier:
Elon musk shouldn’t have bought twitter because of conflict of interest,he will probably regret the decion in the nearest future when the communist and so on starts burning Tesla cars for deleting their tweets on Twitter

He bought it specifically for free speech. Right now you can go to tweeter and talk nonsense nobody go delete am.
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by BigYash: 10:26am On Apr 28, 2022
derecho:
Of course, I don't consider ritual money as real wealth.
My reference is King Solomon's wealth.
There are people shouting money here on NL who will become confused and lose their peace if you give them 2Billion dollars. Don't forget to convert it to naira.

No be lie sha..
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by CeeManCollins(m): 10:26am On Apr 28, 2022
Can somebody remind this guy to try bidding for Nigeria, Buhari and co might consider it a good business.
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by toujurs: 10:26am On Apr 28, 2022
l69l:
grin lets make everybody HIGH
grin grin, coca cola will be the new Spanish fly at an affordable price. Mad o grin
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by Titaniumental: 10:27am On Apr 28, 2022
At this rate Mr Musk will buy everything including Nigeria grin grin grin
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by einsteine(m): 10:28am On Apr 28, 2022
SmartyPants:




There is no excuse for this sort of ignorance because where on earth did you hear that he bought it and paid cash? You assumed that, probably from reading headlines without understanding the content.

1. He is not buying Twitter outright. He is buying with the help of Investment banks. His actual stake will be around 30%

2. He has not bought Twitter yet. He has an agreement with the board but there are still many hoops to go through. Point is, the sale is not concluded not to talk about buying it with cash.

https://www.bloomberg.com/news/articles/2022-04-27/confused-by-musk-s-twitter-lbo-here-s-what-s-weird-quicktake#:~:text=What%20is%20the%20deal%3F,if%20the%20transaction%20goes%20through.


You are the one who is ignorant.

His offer is for the entire stock of Twitter.

He is borrowing 70% of the money but would hold 100% of the equity. Next time, actually read the links you put up instead of trying to win an argument. You don't even know what LBOs are. When the Glazers bought Man Utd, they contributed 10% of the financing but owned the entire club outright.

LBOs basically turn a chunk of equity into debt. If it's a fast growing company, then there is an opportunity to make outsized gains plus there are tax advantages as interest payments are tax deductible whereas dividends are taxed.

In summary, although Musk is only contributing a part of the financing, when the deal is done, he will be holding 100% of the equity.

Allow those of us who have finance training educate you on this instead of claiming faux knowledge

1 Like 1 Share

Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by naija4life247: 10:28am On Apr 28, 2022
l69l:
grin lets make everybody HIGH

You will never be as HIGH as the Most High God.
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by Nobody: 10:29am On Apr 28, 2022
derecho:
When money too much...you'll understand the meaning of "Vanity Upon Vanity"

All the people shouting "money...money..More money" never see money.

When you really get this money, you'll understand what Solomon was saying.
Very true, the more money you have the more difficult it is to impress you.
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by Titaniumental: 10:29am On Apr 28, 2022
showafrica:


He bought it specifically for free speech. Right now you can go to tweeter and talk nonsense nobody go delete am.
You actually think Elon Musk a real business hustler and guru to the core bought Twitter cos of the freedom of speech thing grin grin grin grin
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by naija4life247: 10:29am On Apr 28, 2022
derecho:
When money too much...you'll understand the meaning of "Vanity Upon Vanity"

All the people shouting "money...money..More money" never see money.

When you really get this money, you'll understand what Solomon was saying.

That's true. That's why I am working to get plenty money, so that I can see the Vanity Upon Vanity
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by Tremple8v: 10:30am On Apr 28, 2022
Make this dude just bid for 9ja . I go happy no be small.
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by purplekayc(m): 10:30am On Apr 28, 2022
And how much is the coca cola company worth?
Re: Elon Musk Wants To Buy Coco-Cola To 'Put The Cocaine Back In' by Tonytonex(m): 10:31am On Apr 28, 2022
Dorwadora:
Lol.... Coca-cola worth maybe 10 times more..... Coke is been consumed in every country except Cuba and North Korea.

Modified: There's a disclaimer on Google for the worth because it's an open secret that companies don't declare their real net worth because of tax.
why are they not drinking it in Cuba and North Korea?

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