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Denn's Posts

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AutosRe: Price Reduced...Registered 2002 Ford Explorer Sports Trac Pick Up For Sale N1m by Denn(op):
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AutosRe: Price Reduced...Registered 2002 Ford Explorer Sports Trac Pick Up For Sale N1m by Denn(op):
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AutosPrice Reduced...Registered 2002 Ford Explorer Sports Trac Pick Up For Sale N1m by Denn(op):
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BusinessRe: Youwin Business Competition 2013 by Denn(m): 1:06pm On Apr 01, 2015
Krak:
I never meant to say that you were not wise, I am sorry if you think otherwise.

And no, I never campaigned for Buhari or against Jonathan.
Ok sir
BusinessRe: Youwin Business Competition 2013 by Denn(m): 1:01pm On Apr 01, 2015
1Dray:
Apologies sire, I just discovered you weren't the exact person. I mistook you for someone else.
I apologise for my crude comment too.

Will retract that comment now.

Cheers
BusinessRe: Youwin Business Competition 2013 by Denn(m): 11:22am On Apr 01, 2015
Even before the elections. ...as early as even before first tranche, we had discussions on the continuity of youwin should a new government come into power.

I can remember vividly that I advocated for our first tranche to be treated as if it would be the last tranche...A lot of sane people also said this.

I treated my first tranche as the last tranche and my business can survive without any additional funding.

However, due to some other people's business peculiarity, it might not be possible.

It does not mean they are unwise and the use of such words to describe awardees should be frowned at.

We are now at this cross road.. ..We have wto options; to keep on bickering or to come together as one voice to find a solution.
BusinessRe: Youwin Business Competition 2013 by Denn(m): 11:09am On Apr 01, 2015
Krak:
You are still making the same mistake I had been talking about all along. An inteligent and wise person could easily deduce that something had changed in our Socio-polititical climate.

You should have known that things would change regardless of whatever effort you made.

Like I said, continuing on that same line of thought could actually give the new government more reason to scrap youwin.

Be careful what you say online, I am 100 percent sure that high-ranking people from both the outgoing and incoming government regularly visit this particular thread.

You are a business person and it takes wisdom to run a successful business that can stand the test of time. I hope you understand what I mean, you can read between the lines.
I would prefer you come out bold in your assertions.

If you have grudges with either me or my posts, be bold enough to point them out.

Making blanket assumptions and diplomatically calling me unwise is what I would not tolerate.

I have pointed out in my earlier posts that being neutral is not the best way to go.

Yes, it takes wisdom to run a business.... and a wise person would have prepared for the probability of a government change.

Trying to prevent a change in government is also a business decision.

And do you think I stand not to defend anything I say online? I am not a ghost and people know how to get to me.

My argument remains...If you are an awardee and still clamoured for a change in government, then you should have made plans for other financial sources.

Let's focus on the facts and leave personal sentiments out of this discussion.

Now that we have a new government coming in by May, our steam should be directed at our future prospects instead of fanning personal egos.

Did you campaign for Buhari?
BusinessRe: Youwin Business Competition 2013 by Denn(m): 9:05am On Apr 01, 2015
globaldream:
Denn. I saw many awardee , openly campaigning against goodluck. So it is not a lie, it is true. I am not going to prove anything for the sake of peace and mutuality. I have sufficient prove.
Ok...
Car TalkRe: Why Is Car Tyres Always Black? ??????? by Denn(m): 8:55am On Apr 01, 2015
Tires were originally in white...


Originally rubber tires were white, which is the natural color of rubber. In the early 1900s, Binney & Smith began selling their carbon black chemicals to Goodrich Tire Company, as it was found that the use of carbon black in rubber manufacturing significantly increased certain desirable qualities for rubber meant to be turned into tires. (Binney & Smith would later switch to making school products, and, eventually, re-name their company after their most popular product, Crayola Crayons.)

In any event, carbon black works as a reinforcing filler in rubber, which increases the durability and strength of the rubber. Specifically, adding about 50% by weight of carbon black increases the road-wear abrasion of the produced tire by as much as 100 fold and improves the tensile strength of the tire by as much as 1008%. For the uninitiated, the tensile strength is the amount of force needed to pull something to its breaking or bursting point.

Adding carbon black also helps conduct heat away from certain hot spots on the tire; specifically, in the tread and belt areas, which can get particularly hot at times while driving. This reduces thermal damage on the tire, further extending its lifespan.

http://www.todayifoundout.com/index.php/2011/07/making-tires-black-instead-of-the-natural-white-color-of-rubber-produces-a-much-stronger-and-longer-lasting-tire/
BusinessRe: Youwin Business Competition 2013 by Denn(m): 8:31am On Apr 01, 2015
Krak:
The truth is that a sensible business-savvy person does not dabble into politics.

Yesterday within hours after Buhari's victory I saw him together with Dangote, Otedola and Wale Tinubu. Those were the wise ones who refused to openly support any party knowing fully well that the wind could blow in any direction at any time.

I saw some Youwin awardees openly campaigning for GEJ on this thread some weeks back and spewing all kinds of invectives. Now the tide has turned and the new party could actually use the uterances of some Youwin awardees on Nairaland to actually kill the program (who knows).

A wise business person must be publicly neutral in order to always remain relevant, I hope we all learn from this. Many of us should actually have anticipated this change and prepared accordingly.

I am not an APC supporter although I support the idea that Nigeria needs some kind of shift at this point in time.
I disagree.

In business, decisions that would affect the going concern status of the entity are never joked with. Political situations or risks are always critically analysed and mitigants put into place.

Every youwin 3 business had to make a political decision based on their future financial outlays. Indifference or non-alignment would have been a wrong strategy.

Politics is business and business is politics.

Dangote is a savvy business man with very strong political skills. He might not campaign openly but he funds every major opponent discreetly.....and they all know it. The Nigerian Corporate Forum (of with Dangote is a member) was aligned to GEJ.

Every youwin 3 awardee who was politically 'neutral' took a wrong business decision except the remaining 70% of funding was not critical to the business for the 2015 year plan.
BusinessRe: What Is The Way Forward For Youwin Applicant by Denn(m): 8:01am On Apr 01, 2015
Expect a new programme. ..youwin will come under a new name and new process.

Just be on the watch out
BusinessRe: Youwin Business Competition 2013 by Denn(m): 7:57am On Apr 01, 2015
30 whole minutes after you accuse someone and you can't provide the proof?

I move on.
BusinessRe: Youwin Business Competition 2013 by Denn(m): 7:56am On Apr 01, 2015
^^^^^^^^
Still waiting....
BusinessRe: Youwin Business Competition 2013 by Denn(m): 7:36am On Apr 01, 2015
^^^^^^
still waiting for the proof.
BusinessRe: Youwin Business Competition 2013 by Denn(m):
1Dray:
I'm not accusing a whole body here, but can confidently point you as one of the awardees that campaigned against him. I have my evidences.
Comment retracted .
BusinessRe: Youwin Business Competition 2013 by Denn(m): 7:20am On Apr 01, 2015
I don't think any sensible and business savvy youwin awardee would have campaigned against GEJ except some who has embezzled the first tranche.

1Dray, you cannot accuse a whole body just on your assumptions.

Thanks
AgricultureRe: Acres Of farm Land For Sale In Villages Near Wasinmi, Ogun State. by Denn(op): 7:17am On Apr 01, 2015
Good morning
BusinessRe: Youwin Business Competition 2013 by Denn(m): 10:08pm On Mar 31, 2015
NOW THAT GMB IS IN POWER....

Possible Scenarios. .

1. GEJ instructs secretariat to pay all outstanding tranches irrespective of milestone.

2. Tranche 2 milestone goes on as planned with payments happening before may 29th. Third tranche not coming in.

3. GEJ dumps all interest in pet projects and focuses on leaving aso rock.


Scenario 2 is more likely in my own opinion.

Scenario 1 is my wish but seems not feasible as the government currently has overspent during elections and meeting recurrent expenses for the next 60 days would be of greater priority.

With scenario 3, the fate of the programme lies in the benevolence of GMB. He is not expected to continue with the scheme because:
- it is a pet project of the incumbent. Most of the opposition were never a beneficiary and would want it scrapped.
- GMB is expected to have his own pet projects which would be similar and even at competition with youwin.
-GMB has made so much promises that recurrent and capital expenses are expected to double in the next few months. So many cost cutting measures are expected.

Sorry guys, first tranche was it.
BusinessRe: Young And Aspiring Entrepreneurs In Abeokuta,let's Meet! by Denn(m): 9:09am On Mar 31, 2015
Good morning.

Please when is the next meeting?

I would love to attend.
AgricultureRe: Acres Of farm Land For Sale In Villages Near Wasinmi, Ogun State. by Denn(op): 9:01am On Mar 31, 2015
Heavy rainfall yesterday and today...
AgricultureRe: Acres Of farm Land For Sale In Villages Near Wasinmi, Ogun State. by Denn(op): 7:02am On Mar 30, 2015
Good morning. ..rains are here.....
AgricultureRe: Acres Of farm Land For Sale In Villages Near Wasinmi, Ogun State. by Denn(op): 3:50pm On Mar 28, 2015
shinaboy:
How far are thefarmlands from the express
I spend an average of 15 minutes driving from the express to the farm. Others might spend less or more...
AutosRe: BMW 3 And 5 SERIES CARS @ Giveaway Prices by Denn(m): 9:32pm On Mar 27, 2015
chibecanglobal:
2.5m
2.5m for a 2003 BMW 3 series? huh?

Does it have inbuilt transformer that can power a street?

Does it also come with a lifetime driver?
AgricultureRe: Acres Of farm Land For Sale In Villages Near Wasinmi, Ogun State. by Denn(op): 9:54am On Mar 27, 2015
Good morning...
AgricultureRe: Invest In My 20 Hectare Watermelon/cucumber Farm by Denn(m): 9:24am On Mar 27, 2015
rationalmind:
Even though your calculation seems to be wrong which makes me wonder where you learnt your own maths as well, I get the point. I was confusing ROI with getting ones initial capital back.

50% ROI is 0.5 multiplied by 250,000 which is 125,000. That means after 5 months, you get 125,000. The initial capital remains as you rightly said.
You are right....my calculation was wrong (just woke up then ) but my point was right.

Seems we went to the same school for our maths but I attended more classes....lol

I will modify my post accordingly.
BusinessRe: Youwin Business Competition 2013 by Denn(m): 7:52am On Mar 27, 2015
good morning
AgricultureRe: Invest In My 20 Hectare Watermelon/cucumber Farm by Denn(m):
rationalmind:
If the contract is just for a year and I get 50% ROI at the end of five months, that means, I'll have gotten 100% ROI by the end of 10 months with no profit to show for it.

So, what's the need?
where did you learn your own maths?

return on investment means the extra income you make on your capital.

if you invest 250k, in five months, you get 250k multiplied by 1.5 and that gives N375,000. If ROI is payable at the end of the 5 months, you get N125,000 ....your initial 250k is still there to be either re-invested for another 5 months or you call it in.
AgricultureRe: My Backyard Cucumber With Pictures by Denn(m): 6:43am On Mar 27, 2015
jasper7:
am following with full interest. you call it trellis, I call it staking. different nomenclature, the same practice. let me bring my pen and paper to join the class. Hope to benefit from your classes sir
dear op....


there is a Professor of "Cucumbering" in your class o....

During exams, please dont use the same marking scheme for all of us o.

just saying....

Announcer....class rep
AgricultureRe: Acres Of farm Land For Sale In Villages Near Wasinmi, Ogun State. by Denn(op): 9:09am On Mar 26, 2015
Good morning

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