₦airaland Forum

GeneralDae:
We wait and see. No matter what the world does, the major players in this game are China and the EU. If they don’t bow and instead decide to retaliate, then it may not go as planned for Trump.

Thirteen parallels between the thought process of Donald Trump as described in his book The Art of the Deal and his decisions and leadership style as President of the United States:

1. Focus on Negotiation and Deal-Making
• In The Art of the Deal: Trump emphasizes the importance of negotiation as an essential skill in business. He focuses on the art of striking a deal, always aiming for favorable terms and the best possible outcome, using leverage, and being willing to walk away if necessary.

• As President: This same negotiation mindset played a significant role in his foreign and domestic policies. For example, Trump’s “America First” foreign policy often revolved around re-negotiating trade deals (like NAFTA, renegotiated into USMCA) and pressuring NATO allies to meet defense spending commitments. His approach to North Korea, which included direct negotiations with Kim Jong-un, also reflected his deal-making mentality.

2. Emphasis on Confidence and Self-Promotion
• In The Art of the Deal: Trump stresses the importance of confidence and building a public persona. He talks about promoting oneself in the media and using publicity as a tool for business success.

• As President: Trump frequently leveraged media to amplify his image and reinforce his policies. He used Twitter as a tool to communicate directly with the public, often bypassing traditional media outlets, while also promoting his policies as successes regardless of criticisms. His self-confidence and media savvy became trademarks of his presidency.

3. A Willingness to Take Risks
• In The Art of the Deal: Trump talks about the importance of taking calculated risks and pursuing big opportunities, even when they seem daunting. He suggests that bold decisions often lead to greater rewards, and he reflects on risks he's taken throughout his business career.

• As President: Trump's decision to pull the U.S. out of the Paris Climate Agreement was a high-profile example of his willingness to take risks on the international stage. Similarly, his tax cuts, his stance on trade wars with China, and his handling of the COVID-19 pandemic were often marked by unconventional decisions that had significant long-term implications.

4. Emphasis on Control and Centralized Power
• In The Art of the Deal: Trump repeatedly mentions his need for control in business and how he stays deeply involved in his projects. He values centralized decision-making and is not shy about asserting his authority.

• As President: Trump’s leadership style mirrored this emphasis on control. He often sought to centralize power in the executive branch, using executive orders to bypass Congress, and was known for making unilateral decisions. His administration’s stance toward the “deep state” and attempts to undermine checks and balances in government reflected this desire to have more centralized authority.

5. Adaptability and Opportunism
• In The Art of the Deal: Trump talks about the importance of being adaptable and spotting opportunities. He mentions how he has learned to pivot when circumstances change, often capitalizing on unforeseen moments.

• As President: This flexibility was evident in his changing stance on issues like immigration, healthcare, and international alliances. For instance, his shift on North Korea, where he initially advocated for "fire and fury" but later engaged in direct talks, mirrored his ability to adapt to new opportunities and challenges.

6. Relentless Focus on Winning
• In The Art of the Deal: Trump stresses that his goal in every venture is to win. He talks about having a competitive nature and not settling for anything less than victory, framing it as an essential mindset for success in business.

• As President: This obsession with winning became central to Trump’s presidency. Whether it was the 2016 election itself, his political battles with the Democratic Party, or his handling of issues like the economy, Trump often framed his policies as "winning" for the country. His "Make America Great Again" slogan reflected this focus on achieving success and victories, often casting opposition as "losers."

7. Understanding of the Importance of Perception and Image
• In The Art of the Deal: Trump talks about the importance of perception in business, explaining that how others view you is often more important than what is actually true. He’s aware of the power of image, public relations, and controlling the narrative.

• As President: Trump’s presidency was marked by his acute awareness of image and media narratives. He understood that controlling the media narrative and public perception was vital for his political success. His frequent use of social media to challenge negative portrayals and his emphasis on winning the “fake news” narrative were direct extensions of his emphasis on perception from his book.

8. Attention to Detail and Big Picture Thinking
• In The Art of the Deal: Trump often mentions the importance of balancing big-picture thinking with attention to detail. While he is focused on large-scale deals, he does not neglect the granular aspects that can make or break them.

• As President: Trump was known for being detail-oriented in areas like immigration policy (e.g., focusing on specific immigration numbers, border security measures, and trade details) while also focusing on the broader vision of reshaping America’s global role and restoring economic growth. This dual approach of thinking both strategically and tactically was evident throughout his presidency.

9. Aggressive Use of Leverage
• In The Art of the Deal: Trump talks about using leverage as a tool in negotiations. He stresses that having something the other party wants or needs gives you the upper hand in any deal.

• As President: Trump employed leverage in various diplomatic and economic negotiations. For instance, his administration used tariffs as leverage in trade talks with China and other countries. Similarly, his “maximum pressure” campaign against Iran utilized economic sanctions as a means of gaining diplomatic leverage.

10. Surrounding Himself with Strong People
• In The Art of the Deal: Trump highlights the importance of hiring the right people and assembling strong teams who complement his skills. He emphasizes his reliance on advisers and experts but also stresses that he keeps a tight grip on decision-making.

• As President: Trump's staffing decisions reflected this mindset. He selected individuals for key positions who were often seen as strong figures in their respective fields, such as Rex Tillerson for State and James Mattis for Defense. However, over time, his administration saw a high turnover rate, which was partly a result of his belief in surrounding himself with strong, capable individuals who could deliver on his vision but also his tendency to quickly dismiss people who didn’t align with his approach.

11. Controversial and Unconventional Tactics
• In The Art of the Deal: Trump admits to using unconventional tactics in business to break the norms and secure advantages. He is unapologetic about using bold, sometimes controversial approaches if they can help him achieve his goals.

• As President: This characteristic was evident in his presidency. For example, his decision to publicly criticize or challenge traditional allies (like NATO and the EU) was a break from conventional diplomatic norms. Similarly, his use of executive orders, and his approach to handling issues like immigration and the border wall, defied traditional political expectations and often sparked debate and controversy.

12. Crisis Management and Resilience
• In The Art of the Deal: Trump writes about how he’s learned to thrive in difficult situations, pointing out that the best opportunities often arise from challenges or crises. He speaks about his resilience in overcoming setbacks and turning adverse situations to his advantage.

• As President: Trump’s presidency was marked by several crises, from the Mueller investigation to the COVID-19 pandemic, as well as racial tensions and impeachment. His ability to frame these challenges as opportunities, often deflecting blame or using them to rally his base, was a clear reflection of his crisis management approach. Even when facing political and legal challenges, he maintained his stance that adversity could be turned into a "win" for his political agenda.

13. Autonomy and the Desire to Control the Narrative
• In The Art of the Deal: Trump talks about the importance of maintaining autonomy in decision-making and how he dislikes being micromanaged. He emphasizes the need for an individual to control their narrative, especially when it comes to their business dealings.

• As President: Trump’s presidency was marked by his desire to maintain a high degree of control over the narrative, often deflecting or dismissing critical media coverage and preferring to operate independently rather than being bound by political norms or advice from advisors. His hands-on approach, from tweeting to public speeches, allowed him to dictate the message he wanted to project.

https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/POTENTIAL%20DELAY%20IN%20THE%20PUBLICATION%20OF%20THE%20GROUP’S%20AUDITED.pdf

jideflash:
They have a 5 year strategic expansion plan using M&A. Nothing surprising here.
https://www.thisdaylive.com/index.php/2023/01/18/in-new-5-year-strategic-plan-access-corporation-outlines-measures-to-deepen-financial-services-in-africa/

It noted that Access Bank also registered successes across its ambition and vision over the past five years.

“By 2027, we expect the Nigeria Bank to be contributing about 52 per cent of revenues compared to about 82 per cent (nine- month 2022). The new verticals will also be contributing about 12 per cent of total revenues, as revenues from African subsidiaries is expected to double over the next five years.

“Profit Before Tax contributions from Nigeria bank is expected to reduce from about 63 per cent (9M’22) to about 33 per cent, while the new verticals are expected to contribute about 19 per cent of the profitability by 2027, while African Subsidiaries will contribute about 20 per cent as our footprint grows across the continent,” it stated.

According to Access Corporation, also known as Access Holdings Plc, by the end of 2027, it expects to have presence in at least 26 countries and in at least three organisations for Economic Co-operation and Development (OECD) countries supporting trade (United Kingdom, France & United States of America).

It projected that its customer acquisition drive would hit 100 million for the Retail Business by 2027 and would continue as it migrates majority of customers to digital platforms by 2027 across all touchpoints.

“Our primary focus on trade is to leverage established presence across trade and financial hubs across the world to continue driving trade outputs. Presence in London, Dubai, Hong Kong, Lebanon, Beijing, Mumbai etc. and extensive footprint across the continent,” it added.


Eventually, if all goes well according to the excerpt from the article above, shareholders would enjoy better ROI .

Niyijac:
Well done. I like the way the bubbles float around, really nice idea. As for the table, I think it can be cleaner. You may wish to remove "Qty." from each row under Volume, you can add that in the header like [VOLUME (Qty)]. The font size can also be reduced slightly to avoid spilling into another line. You should consider closing the gap in the Naira sign and percentage sign. So instead of "9.92 %", you will have "9.92%" for example.

Overall, its great work

Well done @toyeoye

May I also suggest you make the website responsive so the images and content scales depending on user's mobile device or desktop screen size. You may also consider giving the user an option to personalize their user experience by being able to switch between Night theme (the current dark one) and a day theme. Some of your intended users may not appreciate the dark one.

Once again, well done

Adamma91:
Why not just do 360 days at once instead of roll over 3 times a year

https://www.youtube.com/watch?v=Vp-Ycgkyv9U?feature=shared

emmanuelewumi:
If there is a cement stock that can do 100% in the next 12 months.

Lafarge Africa is the stock

Oga Emma, I salute you Sir.Thank you

emmanuelewumi:
In 2008 FBN securities asked clients whose portfolio was less than N5 million to transfer their accounts to other houses.

Cardinal Stone was newly established then, they just captured the clients given Red card by FBN securities, fast forward to 2020 and beyond Cardinal Stone started getting more businesses than FBN Securities

They were overconfident. They also failed to adapt to change and reinvent themselves quickly as the years went by..

GeeKudi:
Well, I currently use MorganCapital. It's not an app. It's a web portal. It has live updates, both price and volume data.

NB: This is not an advertisement for MorganCapital. It is just my experience using their portal.

Apart from that, MorganCapital charges are also very reasonable:

BUY: 0.88% + N4.30 SMS charges
SELL: 1.225% + N4.30 SMS charges

Ibrahim505:
Me too
I'm using gtb

I don't know anyone using GTB that has received yet

Streetinvestor2:
Really. How come I was not informed. This na bond now only that it is not guaranteed by the power of naija nation. See whr to put part of betnaija loot

Streetinvestor2:
I don't understand. They pay dividend every quarter. If yes. How much was paid the first,second and third quarter for 2024

Q1 - 4.23
Q2 - 4.27
Q3 - 5.09

Ginalex:
UBA still leads in terms of dividend yield

When FO was battling for Transcorp PLC, he felt shareholders should be getting more ROI. This appears to have gingered up TOE because companies that have his footprint on the exchange are becoming more generous .

yMcy56:
Oga Agba, is anyone trying to link Oba Otudeko in these FMN/Honeywell issue self?
What if hes planning to take Honeywell back?
I'm just thinking out loud.....😁

He may be doing some underground work here....
We can see how's he's dragging FBNH with Ote$$ till now.....
He was under duress to release Honeywell that time, he had limited choice..

Who are the owners of this Excelsior self?

As reported in its 2009 Annual Financial Statements submitted to the Nigerian Stock Exchange, approximately 48% of FMN’s shares are traded publicly, without further specification of ownership in regard to these.

The same report identifies the majority, private shareholder of FMN as Excelsior Shipping Company Limited, with 51.59%.

George Coumantaros and his family are believed to be the owners of Excelsior Shipping Company Limited. Excelsior is incorporated in Liberia and inquiries with the Liberian registry confirmed that the company is owned by Greek interests. A 1964 U.S. civil litigation case against a Liberian registered shipping vessel names John Coumantaros, George Coumantaros’ son, as Excelsior’s sole shareholder.

George S. Coumantaros and his son, John George Coumantaros, control Southern Star Shipping Company, Inc., Flour Mills of Nigeria Plc and its subsidiaries.

As previously mentioned, George Coumantaros and his family are believed to be the owners of Excelsior Shipping Company Limited, the controlling shareholder of Flour Mills of Nigeria Plc. Excelsior is incorporated in Liberia and details of its corporate records are held with the Greek branch of the registry, which is located in Piraeus. Since it is common for Greek shipping companies to be registered in Liberia, a corporate registries office is located there.

Verbal inquiries with the Liberian registry established that Excelsior is owned by Greek interests. A 1964 case of U.S. litigation claim against a Liberian owned vessel names John Coumantaros as Excelsior’s sole shareholder.

The Coumantaros family is a well-connected Greek-U.S. shipping family and has a significant profile on the New York social scene, where it appears to be extremely well connected.

Politically, the family also appears to have important ties. FTI noted several contributions to the Republican Party, as well as an apparent family connection to John Negroponte, a former senior U.S. diplomat under the George W. Bush and Ronald Reagan administrations whose ambassadorial posts included Iraq in 2004 and 2005, following which he was the Director of National Intelligence until 2007.

As at 2009, George Coumantaros held a leadership position with the following corporations:

- Southern Star Shipping Company, Inc. – Founder, CEO and CFO
- Flour Mills of Nigeria Plc – CEO
- Interstate Grain Corporation (U.S. entity) – Director
- Athens College – U.S. Board of Trustees
- The West of England Ship Owners Mutual Insurance Association – Former Vice Chairman

Discreet inquiries into George Coumantaros’ reputation provided no negative information and depicted him in a positive manner. One Lagos-based corporate source stated that George Coumantaros is widely viewed as the driving force behind Flour Mills of Nigeria Plc and is responsible for its profitability. Another source also noted him to be well regarded among Nigerian shipping and business circles.


John George Coumantaros was born on December 10, 1961, and resides in New York. He is the son of George Coumantaros and information indicates that he is currently the ultimate holder of the family’s stake in the family’s companies.

As at 2009, John Coumantaros held a leadership position with the following corporations:

- Flour Mills of Nigeria Plc – Group Managing director
- Nigerian Bag Manufacturing Company (Nigerian Entity) – Chairman
- United Cement Company of Nigeria (Nigerian Entity) – Chairman

Payunsin:
Access @ 17 n Uba 23 with dividend
Which is better to buy now

UBA at 23 gives you N2.07k dividend after tax (10% guaranteed)
If the price has gone down by the time dividend is paid, you can use some or all of your dividend to purchase more shares to average down.

For Access bank, current dividend qualifying date is now in the past.

Please note that this is my personal opinion based on your question so kindly apply due diligence

KarlTom:
Excellent profit margin y-o-y largely due to FVTOCI.
Similar to FBNH (FVTPL)...

Spot on 👍

UCAP to pay #1.80k dividend as well

Jaakay:
NASCON ALLIED INDUSTRIES PLC- QUARTER 5 - FINANCIAL STATEMENT FOR 2023

https://doclib.ngxgroup.com/Financial_NewsDocs/40443_NASCON_ALLIED_INDUSTRIES_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_MARCH_2024.pdf

1 naira dividend

Proposed bonus
Two (2) new ordinary shares of 50 kobo to every hundred (100) existing ordinary shares held by Company shareholders
was proposed at the board meeting held on February 27, 2024 and subject to approval at the Annual General Meeting.

Ositadima2:
I am wondering where else I can obtain a daily price list report with the level of detail this one provides, including the daily high, low, close, open prices, and trading volumes. Unfortunately, when I checked the Morgan report yesterday, it only contained updated information for two stocks.

I dey pay 20k annually for this service ooo.

If you give MorganCapital your email address, they would send it to you everyday.

toyeoye:
I can smell maturity in @emmanuelewumi

Sir @emmanuelewumi, I have learn't a lot from you on this platform in 2023 and I'm extremely grateful for that.Your ability to behave with equanimity under tremendous provocation has taken my respect for you to another level. Let's all be mindful of the fact that the platform may be faceless and we may have a message with good intentions to pass across, but HOW we do so is extremely important.

IamR:
I just saw it (15.75% FGN OCT 2033) in my CSCS account now. You can contact your investment house.

My friend spoke with someone at Morgan Capital few days ago.He was told they don't have an update yet on the allotment.

MeezPat:
Send them a mail. I got my certificate since though I bought through a commercial bank

@ibrahim505, did you get a confirmation when you contacted Morgan Capital?

BabsO2:
Yes now. Some bulls are released for such things

I predict FCMB playing catch up if it doesn't want to be left far behind once the Q3 audit comes out.

FCMB is currently 6.90 (7.81%) . What's going on

UNION BANK OF NIGERIA PLC
31-03-2008 YEAR ENDED
2008 2007
TURNOVER N112.989b N89.242b
PROFIT BEFORE TAXATION N33.012b N17.577b
IT DEV. FEE (N307m) NIL
DEFERRED TAX (N741m) (N752m)
TAXATION (N5.109b) (N2.949b)
PROFIT AFTER TAXATION N26.855b N13.876b
RETAINED EARNINGS N20.393b N10.711b
BALANCE SHEET INFORMATION
FIXED ASSETS N29.468b N27.887b
CASH AND BANK BALANCES N46.956b N29.847b
OTHER DEBIT BALANCE N1.052tr N642.360b
TRADE CREDITS (N686.309b) (N432.084b)
OTHER CREDIT BALANCES (N317.318b) (N160.526b)
WORKING CAPITAL N95.795b N79.597b
NET ASSETS N125.263b N107.484b
PROPOSED DIVIDEND N1.00 PROPOSED BONUS ISSUE 1 FOR 6 AGM
NOVEMBER 26TH 2008 CLOSURE OF REGISTER NOVEMBER 17TH TO
21ST 2008 PAYMENT DATE DECEMBER 3RD 2008

FatherOF2:
Remember 0-3 months. I don't do candles.

I just wanted to quickly commend FatherOF2 on his constant loyalty to this forum.I've been viewing this forum for a few months now and have learn' so much from it.I realised only recently why activity has slowed down on it.

Even though i don't agree with what Seun did,i do beleive a lot in loyalty.And loyalty is not known until it's tested.the lesson i have learn't the most so far though is to ensure that if you are in a venture that can be replicated by another person,you have to constantly be at the cutting edge.

Seun,i beleive in your vision and i know that you made mistakes,but i can see you shine again.I want you to realise that i do not blame ANY of the guys that moved on to another site (because we are all human beings),but i know you can dream again!.

People (i inclusive) can take your coat of many colours,but your dream can't be taken.

Seun,FatherOF2 et all,keep the fire burning and i hope this month of May shall be profitable to us all.

wanaj0:
@ All,

Na wa for Naija OOOO.

Just finished a meeting with a rep of a company (portfolio and fund managers).  I ask them what they do and was told they BUY opportunities. Being hearing abou such but to do I confirmed it.

While everyone was buying Dangote Flour PO, those guys paid 20.00 for the offer and were allotted in FULL. Don't ask me how!!!!!!! That's the opportunity they buy!!!! They charge you 2% of the returns on your portfolio.

Saw the Universal Insurance that they bought at 1.85!!! So basically they buy 'juicy' offers at a premium and are able to maximise opportunities. This is a serious imperfection in the market!!!!!!!

Well, will go and register with them (or get someone to register) so that I can see the opportunities since it will be listed on my statement and I can now BUY those opportunities myself.

Maybe all these HYIP schemes were into this kind of things also.

If you can get IAA, abeg go get am OOOO. Once it is listed, na Maiduguri that one dey go even though the fundamentals na nothing!!!

hmm!! definately eye popping provided you check them out thoroughly.I tell you i've heard different stories along this line.if we can even cast our mind back to a few pages ago,Elder Napoleon gave us an insight to how to get your full allotment from some of this POs.

A few of the HYIP schemes were also in to it,but as you know in Nigeria of today expect the unexpected anytime.