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Davodyguy's Posts

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Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by davodyguy: 8:51am On Apr 11, 2021
diordaves:
The difference is much but it may not be greed. It may be as a result of cost of sale. The seller is carrying a lot of cost you are not carrying.

From your figures, you got your dollar at N420. We are not sure how much the seller got his/her dollar.

Your price does not include shipping/clearing cost. The seller's sale price will include this.

Your price does not include warehousing cost. The seller will carry this cost.

Your price does not include the cost of sale on Jumai. The seller will carry this cost.

You will not carry logistics/delivery cost but the seller will probably carry some cost.

Your figures don't include overhead cost like internet (broadband) cost, energy cost, rent, staff/apprentice cost, inflation cost, etc. The seller will carry these costs.

And above all, your price does not include profit margin.

My brother, the cost of running a business in Nigeria is very high. The final sale price most times is as a result of the cost of doing business in Nigeria and may not be greed.
All 10 lights weigh 2 kg.

Let's assume the highest shipping cost per kg is ₦5,500(which is still high compared to what I pay), this gives us ₦11,000.

Cost of 10 lights is ₦8,400
+
Cost of shipping 10 lights to Ajao Estate Lagos is ₦11,000
+
Transportation from my office to pick it up is ₦2000

Total: ₦2000+₦11,000+₦8400= ₦21,400

Let's add profit margin of 50% of cost = ₦17,200

Profit + Cost= selling price
₦17,200 + ₦21,400= ₦38,600

₦38,600/10 items
Each item should be ₦3,860.

Let's just even increase everything, this takes us to ₦5,000 per unit.

At ₦5,000 per unit he's making over 50% as profit.

₦10,000 per item is greed
Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by davodyguy: 8:50am On Apr 11, 2021
Jasobry:
Was it free shipping?
All 10 lights weigh 2 kg.

Let's assume the highest shipping cost per kg is ₦5,500(which is still high compared to what I pay), this gives us ₦11,000.

Cost of 10 lights is ₦8,400
+
Cost of shipping 10 lights to Ajao Estate Lagos is ₦11,000
+
Transportation from my office to pick it up is ₦2000

Total: ₦2000+₦11,000+₦8400= ₦21,400

Let's add profit margin of 50% of cost = ₦17,200

Profit + Cost= selling price
₦17,200 + ₦21,400= ₦38,600

₦38,600/10 items
Each item should be ₦3,860.

Let's just even increase everything, this takes us to ₦5,000 per unit.

At ₦5,000 per unit he's making over 50% as profit.

₦10,000 per item is greed
Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by davodyguy: 8:49am On Apr 11, 2021
coldcandy:
No amount for shipping+warehousing+transport+profit+etc can make a product price jump from 840 in Alibaba to 10,000 in jumia. This is clear stealing from the ignorant like me. Scam.
All 10 lights weigh 2 kg.

Let's assume the highest shipping cost per kg is ₦5,500(which is still high compared to what I pay), this gives us ₦11,000.

Cost of 10 lights is ₦8,400
+
Cost of shipping 10 lights to Ajao Estate Lagos is ₦11,000
+
Transportation from my office to pick it up is ₦2000

Total: ₦2000+₦11,000+₦8400= ₦21,400

Let's add profit margin of 50% of cost = ₦17,200

Profit + Cost= selling price
₦17,200 + ₦21,400= ₦38,600

₦38,600/10 items
Each item should be ₦3,860.

Let's just even increase everything, this takes us to ₦5,000 per unit.

At ₦5,000 per unit he's making over 50% as profit.

₦10,000 per item is greed
Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by davodyguy: 8:48am On Apr 11, 2021
JustCryptos:
How do you handle shipping? Won't the price increase significantly once that is factored in? But then, you can't rule out the fact that sellers inflate prices.
All 10 lights weigh 2 kg.

Let's assume the highest shipping cost per kg is ₦5,500(which is still high compared to what I pay), this gives us ₦11,000.

Cost of 10 lights is ₦8,400
+
Cost of shipping 10 lights to Ajao Estate Lagos is ₦11,000
+
Transportation from my office to pick it up is ₦2000

Total: ₦2000+₦11,000+₦8400= ₦21,400

Let's add profit margin of 50% of cost = ₦17,200

Profit + Cost= selling price
₦17,200 + ₦21,400= ₦38,600

₦38,600/10 items
Each item should be ₦3,860.

Let's just even increase everything, this takes us to ₦5,000 per unit.

At ₦5,000 per unit he's making over 50% as profit.

₦10,000 per item is greed
Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by davodyguy: 6:27pm On Apr 10, 2021
We often attribute all forms of inflationary causes to the government, forgetting some Nigerians are greedy.

The first image is a well light advertised on Jumia at ₦10,000 each.

I bought 10 of this same light this week on Alibaba for ₦8400, that's ₦840 each

The second image is the evidence of my purchase, so it's not as if I'm making mouth with lies.

Celebrities › Re: Regina Daniels And 12yr Old Sister Snapped In A Club [PICS] by davodyguy: 8:50pm On Apr 08, 2021
biacan:
That's nothing new 2012 when I was 13 I do go to club with my brother.......so you people should free her abeg
You're now 21, I guess
Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by davodyguy: 9:48am On Apr 08, 2021
topsy23:
Check the price of 4mm no sellers can sell 4mm for 19000
Na wa
European Football (EPL, UEFA, La Liga) › Re: Bayern Munich Vs PSG UCL (2 - 3) On 7th April 2021 by davodyguy: 9:14am On Apr 08, 2021
paulos8:
No of goals count ist before home and away factor...2 goals from Bayern in the reverse fixture will peg the goals aggregate at 4-3 in favour of Bayern and they advance
ok
European Football (EPL, UEFA, La Liga) › Re: Bayern Munich Vs PSG UCL (2 - 3) On 7th April 2021 by davodyguy: 8:08am On Apr 08, 2021
MrNipplesLover:
Na where Bayern go put themselves in trouble be that, if them go on full massive attack. Dem need to play with brain cos PSG get Neymar and mbape if counter attack happen...

The easiest way for Bayern to disqualify PSG na if dem fit beat dem 2 to nil, and I doubt it that PSG won't have a goal on their own pitch...

I doubt it.

PSG fit even beat them for the 2nd leg.

Remember say their hitman Lewandowski no go play for the returning leg.

I pity Bayern.
You guys on this forum need to learn a thing or two about away goals. If Bayen wins by 2 goals to nothing, they would not be qualifying.

I am a Bayern Munich fan, but the way you put it is not how it works.

Away goals is about the number of goals you scored at your opponent's home.

Bayern need to score 3 or more goals in Paris and hope PSG doesn't equalized in order to make it to the semi final
European Football (EPL, UEFA, La Liga) › Re: Bayern Munich Vs PSG UCL (2 - 3) On 7th April 2021 by davodyguy: 8:05am On Apr 08, 2021
Jackson105:
.


You don't know football, 2 unreplied goal is enough it will change the agregate to 4 against the 3 of PSG
You are the one who don't know how away goals rule work and I will educate you now

oliverano:
grin

Simple arithmetics man...Lol

The game ended 2:3

If Bayern should score 2 unreplied goals, that's

2 + 2 = 4 and 4>3.

Scoring 3 unreplied means 5:3 and that's too much but Bayern won't mind scoring even 10 if they got the chance!
I will also educate you as well.



Away goals rule has nothing too much to do with arithmetic but the number of goals you score at the opponent's home

PSG last night scored 3 goals away, meaning in the home of Bayern. they scored more goals.

If Bayern returns to Paris next week and not equal the number of goals PSG scored in Munich, then Bayern is out

It is not adding and subtracting

It is simple if bayern wins 2 nil in Paris, to take the aggregate to 4-3, Bayern would get kicked out because they scored only two goals in Paris, while PSG scored 3 in Munich.

That is how away goals rule work. It is not adding and subtraction.

If Bayern win in Paris by 2-1 to take the aggregate to 4-4, Bayern would still get kicked out because PSG away from home scored 3, while Bayern away from home scored only 2

To educate you two, see something below

The away goals rule is a method of breaking ties in association football and other sports when teams play each other twice, once at each team's home ground. By the away goals rule, the team that has scored more goals "away from home" wins, if the total goals scored by each team are otherwise equal. This is sometimes expressed by saying that away goals "count double" in the event of a tie,[1] though in practice the team with more away goals is simply recorded as the victor, rather than having additional or 'double' goals added to their total.

Any team that scored more goals away from their home would win.

If Bayern drew 3-3 yesterday and they play 2-2 in Paris, that means 5-5 on aggregate. Bayern would be kicked out for scoring only 2 goals in Paris, while PSG scored 3 in Munich.

Bayern need to score 3 or more goals in Paris and hope PSG doesn't equalized in order to make it to the semi final
European Football (EPL, UEFA, La Liga) › Re: Bayern Munich Vs PSG UCL (2 - 3) On 7th April 2021 by davodyguy: 10:59pm On Apr 07, 2021
paulos8:
2 unreplied goals PSG is gone
Wrong.

It's 3.

They scored 3 in Munich, and Bayern needs to at least match that or top it
Politics › Re: Paris Loan funds Bribery Accusation: Fayemi, Name The Bribers by davodyguy: 8:56am On Apr 07, 2021
isn't it obvious?
Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by davodyguy: 4:04pm On Apr 06, 2021
yungmin:
Please, for those that have registered companies, how did you all apply for EFCC's SCUML? The thing is driving me crazy. They just keep rejecting my application for one flimsy reason or the other. Please, share tips! is there a "Nigerian" factor to it? huh
I have been on mine since 2018.

A chap at EFCC said if I can give him N200k, he would do it 'free'
Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by davodyguy: 9:28am On Apr 05, 2021
EgunMogaji2:
Lecturers are lecturing. Let me be taking notes.

But our ogas no use too much big English o grin
Honestly, this thread is getting back to how it was before it got infiltrated by adverts.

Post your challenge, let people analyze it for you, but what do we have?

People trying to sell themselves instead of sharing experience on dealing with issues
Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by davodyguy: 9:01pm On Apr 04, 2021
Enyinne:
One aboki dey tell me transfer is 487 per dollar .how come u sold at 497 . Kindly enlighten me . I hv transfer to sell on Tuesday
From local bank to international bank?

From Nigeria to a bank in china for instance?
Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by davodyguy: 8:55pm On Apr 04, 2021
diordaves:
Make I join the debate.

A bungalow is a single storey with ONE floor: the ground floor.

A four-flat and duplex is a double storey with TWO floors.

But in Nigeria, four-flat or duplex is a storey building.

So if one says in Nigeria, I want to build a storey building of four flats, that's an UPSTAIRS with two floors.

Architects in the house, what's the professional term?
To professional Estate Surveyors and Valuers, to avoid the confusion on nomenclature, we describe as follows

1. A development/ building which has a single floor. i.e after the blocks comes the roof, without decking for more blocks, that's a bungalow. It's has just one floor

2. Development on two floor levels (ground floor and the upper floor first floor as some may call it) is a house, then the design will tell you if it's a detached house, semi detached or a town/ terrace house. This kind of development has 2 floors, ground floor and upper floor.

3. A maisonette can also be described as having two floors. In a typical maisonette, you'll have the living room and kitchen on the ground floor, then the bedrooms would be on the upper floor, but found in condominiums mostly

4. Town houses/ Terrace houses can be on two or more floors. Ground floor, first floor and second floor (3 floors). In some town houses, you'll have a family dwelling on four floors. Ground floor, first floor, second floor and third floor (4 floors)

I try to avoid the storey or story building debate, by simply describing a family dwelling kind of development based on the never of floors before the roof.

My kind of development falls under a semi detached house on two floors.

It's a semi detached house because at the frontal part it accommodate a duplex, which has ground and first floor, then at the rear part a block of apartments.

That's a single building having two sections with a common roof and separated by party wall
Politics › Re: House Of Representatives’ Provocative Hijab Bill - Punch Editorial Board by davodyguy: 9:42am On Mar 31, 2021
It will not stand
Celebrities › Re: MC Bob Marries Ogechi Ogenyi In A Colourful Wedding Ceremony (Pictures) by davodyguy: 8:40pm On Mar 29, 2021
Alex on the beat
Celebrities › Re: Peter Olayinka And Yetunde Barnabas' Wedding Introduction (Photos) by davodyguy: 3:25pm On Mar 27, 2021
kalu61:
E for be me and you right there if say you de reply Dm grin



Congratulations to you guys.
You get kudi, ego or owo? Like the guy? huh
Celebrities › Re: Peter Olayinka And Yetunde Barnabas' Wedding Introduction (Photos) by davodyguy: 3:24pm On Mar 27, 2021
Pidginwhisper:
I pray it last. Because ehn ehn
??
Sports › Re: Nigeria Super Eagles Travel To Benin By Boat For AFCON Qualifier (Photos, Video) by davodyguy: 11:24am On Mar 26, 2021
Hope gunboats excort them, before we hear of kidnapping
Celebrities › Re: Betty Irabor Celebrates Her 64th Birthday (Photos) by davodyguy: 2:11pm On Mar 25, 2021
Sannioluwatobi1:
You say what. 64�
She is the publisher of Genevieve Magazine
Celebrities › Re: Betty Irabor Celebrates Her 64th Birthday (Photos) by davodyguy: 2:10pm On Mar 25, 2021
Is she the wife of Soni Irabor?
Politics › Re: Jethro Yakubu, Taraba Commissioner Resumes Work Under A Tree (Photo) by davodyguy: 9:36pm On Mar 24, 2021
This is deplorable
Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by davodyguy: 5:09pm On Mar 24, 2021
modath:
Hello
hi
Politics › Re: ‘Blame Ganduje If Anything Happens To Me' - Jaafar Jaafar by davodyguy: 9:09pm On Mar 22, 2021
Interesting
Gandollar
Politics › Re: Court Orders Man To Wash Public Toilets For 30 Days For Being Rude by davodyguy: 2:56pm On Mar 17, 2021
The law is for the poor
Health › Re: 88 COVID-19 Vaccination Centers In Lagos (full List) by davodyguy: 1:07pm On Mar 17, 2021
great
Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by davodyguy: 9:44pm On Mar 16, 2021
jeffdaniel:
@Davodyguy thanks for your reply.
smiley
Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by davodyguy: 9:43pm On Mar 16, 2021
Enyinne:
Kindly check again sir
Replied you just now.

No vex, I've been busy at work and doing finishing works.

All the items imported for house finishing works arrived last Wednesday. So I have 14 days to finish and move
Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by davodyguy: 4:32pm On Mar 16, 2021
Enyinne:
Good day Sir, pls check ur mail
Nothing from you dropped yet
Properties › Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by davodyguy: 3:41pm On Mar 15, 2021
Jasobry:
Abs now 6500
JK 6000

In my location
Inside life shocked cry

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