₦airaland Forum

joycluv:
My humble advice is this; don't wait until you have the whole money before you start. And don't listen to those carpenters coz they will like you to pack all the woods in the timber market and drop for them to be wasting them as if it was not your sweat. Don't buy the whole woods at once and then you have to keep a very sharp eye on them. Then coming to the roofing sheets, if you have the the time and the brain, go for aluminium coz it's not as expensive as those theives called roofers make people to believe

i Am just tired ......seeing the qoutation alone is discouraging ....but i have learnt one or two things from you .....will follow your advice ..thanks

joycluv:
My dear, their quotations will always be too much and scary. So focusing at it will discourage you and might result to you abandoning the project. To your questions: (1) Aluminium is thicker in gauge than Cameroon zinc. Again, some Cameroon zincs contain iron which make them rust after some time. (2) Cameroon zincs are 15pcs in a bundle (2ft x8ft per pc) and costs 17,500 for the plain ones as at last 2 weeks that I roofed my own. But I used the new one they call "animal skin design- a bundle of it was 23,000 as at that time. (3) As for woods, like I stated earlier, I had some trees which I cut. So when those ones finished, we counted the number to purchase which were just few pieces.

Thanks a lot for this very Grateful

joycluv:
It would not be enough even with the cheapest materials. I just completed my own roofing (3bedrooms) using Cameroon zinc. I had some trees which I cut and sawed so I only bought just few pieces of wood. I had to buy the materials myself, so no room for ripping off. I negotiated labour to the last kobo(70k) for both the wood work and the installation of the zinc and I didn't raise the roof too high, yet I spent about 640k. So you can now see why I said that 500 can not be enough.

i will like to ask question as regards Cameroon Zinc ......how much is it in the market ........and whats the difference between it and Aluminium ..how did you go about getting the exact woods for the building ...i recieve a qoutation which i seems to be too much for me and am looking for way to reduce cost.

any help with this will appreciated

thanks

This is what i like about your cars....Always Neat

ojesymsym:
You are still on "will", that mail should have gone out last night.

Perhaps she is giving him benefit of the doubt ...but as you rightly say something fishy is going on ......

12 Noon is not too far for him to redeem himself by paying all the money .......all the crying is just to play the emotional card ,first he has a issues with his family now he is in the Hospital .

I have learnt one or two lesson from the whole scenario

PharmAlfred:
Buy GSK on the pull back

what entry price are you looking at please ...thanks

samguru:
AIICO insurance!

If you have small change you are not using for now,why not gamble with AIICO insurance?

The company has prospect ooo

what did you suggest the entry price should be..... want to know what you mean by mark down

thanks

Dum20:
@emmanuelewumi Oga Emma,

I agree with you but i want to share a story.

I am a dividend investor. I used to believe in buying a stock at a good price and leave it for dividends or using the dividend to pay my bills and not bothered about the price fluctuations until a few years ago something happened.

I bought Fidson at an average price of N1.50 it dropped to below N1 and later rose to above N7. That is about 366% returns in capital invested.

So assuming I used N1 million to buy Fidson at N1.50, that is approx 700,000 units of fidson.

At N7 the value of those units would be N4.9 million.

I did not still sell the Fidson and i watched it's price drop to about N3 or less.

Presently Fidson is at N3.40 so that will be N2,300,000, that means it has lost a value of N2.6 million

Fidson has been paying dividend of 15k consistently exceot for the year they paid 25k. I will use 25k for all those years and assuming it is the past 6 years. The dividend in one year is 25k X 700,000 = N175,000, in 6 years it is N1,050,000.

So for holding unto Fidson for all those years and adding the dividend total earned or total value is N3,350,000

That brings loss in value to N1,550,000.

If i used a figure more than the N1 million as capital invested the potential loss in capital or returns would have been much more.

This experience made me change strategy to take advantage of the up and downs of the market but stick strickly with dividend paying stocks.

Same thing happened with Zenith this January is peaked at N24 and dropped to N11 in March, one can say their capital has been preserved as at november this year but an opportunity was also lost in January.

love this analysis.... give better understanding on how things work out there..... well done sir

Still Available

Happy Birthday...... Thanks for all you do.... God bless you real good

onegentleguy:
U are welcome bro !!

Now let me tell u the very same thing I told @rebakah when he had doubt after I recommended NEIMETH @37-39k then.
Hear this;
Before u or any other doubter will see what I am seeing in GSK, the price would've headed past its YtD high of N8.60 and push towards N11.70... it's FVE, using a mix of key valuation metrics that seeks a conservative reward margin but factors in a high risk premium !!

U no go see am. ...the reason I mentioned the part in bold.(see post above)
I would've put out a few of my valuation models to spot HIDDEN VALUE, but I don't want to do a long epistle.
It's just like NEIMETH and WAPCO when we called for a buy in it. ...those who were only looking at the surface couldn't see it then, until now.

Bull or NO bull, GSK is a very strong BUY @ the current mkt price. ...infact, accumulate !!
I like when people have doubts though. ...I even inculcate it in my strategic play with positioning.
I will remind u of this post on the day of reckoning.

Btw, we also hold other great coys.
Selah

Ibibioson:
@Collins1507.

Please do not do anything with this fraudster called hsl-broker. Don't fall for his write ups. I did and have regretted. I paid him 3m to supply roofing materials and ceilings for my projects, but he took my money and ran away. Finally I got him arrested. The case is in the court now.
If you think, see the attached screenshot.

Wow...in court ....whats the unwarranted circumstances that is happening now that doesnt happen when u collecting the Money Using Money meant for work for Burial .......why are people falling hands like this ....cant even trust people with money again ..oga oooo

[quote author=GAZZUZZ post=95074097][/quote]can you help to inspect this Car @Gazuz..... and how much Is the vehicle going last @ryhmaholic

9jatriot:
Even though I do not know what the role of exclusive and concurrent list is for, but I can tell you for free that even if you burn that list, state governors will look for another excuse.
My proof: Portable water supply and grade b roads are not con those list, how have the states fared in both items. NO state in Nigeria (I hear Calabar has though) has the supply of portable water to their homes. Those list is one of the long list of excuses we hold on to when we want to justify our reasons for not succeeding as a nation.

well states has their issues too no doubt.... but they will still tell you they are receiving a very low amount from the federation account and they are doing all their best....the centre is not holding up well

ahiboilandgas:
this state structures are not producing Good result....i still think the regional govt is better...

my thought....The way we all look at the center is also affecting a lot of things....but who are the one that is meant to make that Decision NASS or the President... as for NASS they are OK with what they are enjoying so I don't see them making any move...

ahiboilandgas:
this state structures are not producing Good result....i still think the regional govt is better...

my thought....The way we all look at the center is also affecting a lot of things....but who are the one that is meant to make that Decision NASS or the President... as for NASS they are OK with what they are enjoying

So sad to see what this thread as been reduce to..... Oga Ahib remains an icon for me...and am so happy he still with us and still give advice on the thread after all the name calling which is unnecessary by the way...... I hope we all stop all this name calling and focus cos there is more to learn from each other

Thanks

nice one ...keep it coming

Like Dowen ...Car looks fine


The Corolla is which year please ? First Body or Painted

emmanuelewumi:
The year will end in 81 days time, what are the investment mistakes we made in 2020? What are the deals, investments and businesses that made good money for us in 2020?

My investment mistakes was not making good use of advice I got from here from properties to sukuk Bond to Coverting some naira to Dollar..... To be Honest the information we receive from here has been awesome thanks to Oga Ahib and Mr Emma, but then thanks to Ngrdumb I was able to start with the US Stock market and Nigerian Stock market but waiting for the US election to finish then will have to start all over again.

thanks to other wonderful men and woman whom I cannot mention .... that always find it cool to give us update from time to time..... very grateful and God bless you all

emmanuelewumi:
Better than disturbing tenants to pay their rents.

My Boss ......Just a quick Question sir .

which of the REIT is good to buy at this moment

and what Price will you advice one to Get in

any help will be apprecited sir

thanks

Affordabledeals:
add 250 naaa . The car go fly come your compound

my brother if I get magic wand to add that 250 I for Don do ham.... we still dey follow you sha hopefully we will get something affordable that we can deal with..

MaestroID:
Clean “03” Corolla Sport for sale in 100% buy and drive condition. Serious buyers only should send a message or call me. AC is chilling like ice, neat interior and exterior. Buy and drive to any destination.
Price : 1.500M

Call : 07062418173

Hi... Car looks neat.... just check your twitter handle you didn't open your DM... but anyway how much is it going for last and what's your location

what is the use of Power steering pump and what's the effect on the vehicle as it is bad....

can it be fixed??

cool but nah 1M cash I get..... anyway if that can't work already following up to see some better deals Thanks

Cool .....

Awesome review ...but this non Negotiable is something oooo

I prayed POTUS get on his feet very soon .......

balitaaluminium:
You know these days price are not fixed, to avoid confusion, please ,
can you chat me up on whatapp ?
090-38-14-51-66
thanks .

Ok I will thanks for the Prompt Response

akeensbussy:
I don't know how much they sell plank in Benin but let me tell you the best method to adopt.

buy 2by12 plank at the sawmill here in the southwest, it is btw 1800 to 200 naria. Tell the to cut it for you in 2by3, 2by4 and 2by2.

four your four bedrooms, get 300 planks of 2by3 and 2by4. that is 120pcs of 2by3 and 180pcs of 2by4 for the main roofing. then get 120 pcs of 2by2 for your logging.

one 2by12 plank will give you 4pcs of 2by3 plank or 3pcs of 2by4 plank or 6pcs of 2by2 plank.

for the roofing, u either use Alo zinc or slate.
Alo zinc is 22,000 naira per bundle (15pcs) while slate is 1,220 naira from distributors or 1,050 from the company (Nigerite). For the Alo zinc, by 10bundles, which is 150pcs while for the slate by 200pcs.

Reason is that Alo zinc is 3feet longer than Slate and 1 or 0.6foot wider than slate.

buy 1bags of 4 inches nail and half bag of 3inches nail. buy slate nail, it comes in packet, buy 3packets, buy Rinches 20pcs. The rinches is inform of aluminum and it straight. it will hold the slate or Alo zinc at the center to prevent water or rain.

buy Agba 30pcs( 100naira/one). Agba is what we call it here but don't know what u call it there. long tiny iron rope to pin you roofing to the house.

buy facing Board 20pcs(1500 naira south west price)

Go and buy all this your self. ask the seller if there is any other things u need to buy.

After buying everything take it to ur site and call carpenter and negotiate.

if carpenter tell u 50 naira u price it for 20 naria till u reach ur own satisfactory price.

I paid 35k for my own workmanship.

Thanks

matoseyems:
Is alo zinc the same as Cameron and Ghana zinc

Hi There have gotten an answer to this thats what i was about to ask ??

Hi Balita,

Good Morning ...just want to make enquiry....How much is 0.45/0.55 sqm of Longspan now

Looking forward to your response

Thanks

Hi Josiko,

Is the Vehicle still Available ??