₦airaland Forum

emmanuelewumi:
Excluding finance cost.

Meaning NOPAT includes finance costs

emmanuelewumi:
Minimum required return from the investment capital .


NOPAT already has the finance cost in it. That is the major difference between NOPAT and PAT

emmanuelewumi:
Family and friends

emmanuelewumi:
I don't understand you

We are considering the total invested capital in generating the return.

20% is the excess return above the discount rate.

Net operating profit after tax: includes the profit after tax and the finance cost

The invested capital is the equity and debt .

megawealth01:
MENTORS WILL SHOW YOU SHORTCUTS THAT YEARS OF HUSTLING WON’T.

NettyNelly:
Pa Emma, I'm Just curious if you would rather take the loan term you explained above, where you pay a lump sum at maturity. Compared to an interest free loan that is ammortized monthly over a year.
If you factor in the TVM and opportunity cost involved in a bull run we currently have.

emmanuelewumi:
10% is not a good one in Nigeria.

The discount rate for Naira denominated asset is 20%


The difference between the ROIC and the discount rate of 20% multiplied by the Invested Capital will give you the Economic Value Advantage

Assuming a stock has equity of N30 billion and debt of N20 billion. The invested capital is N50 billion

If the Net Operating profit after tax is N20 billion...

The ROIC is 40%.

The economic value added or economic profit will be (40%-20%) multiplied by N50 billion

Which will give an economic profit of N10 billion.

If the ROIC is 10% for a Naira denominated asset, it will make a negative economic profit even though it made accounting profit. Thereby destroying value


Long term wealth creation ability of a stock is in the creation of Economic Value Advantage or economic profit

emmanuelewumi:
They do through their sister company called Orange One Finance Limited

Loan is for a year and bullet payment of principal and interest at maturity. Just that their interest rate is high at 33%. Another problem is that they only give a maximum loan of N20 million

So if you get a loan of N10 million at 33% per annum for a year

You will pay a lump sum of N13.3 million at maturity.


Not bad sha if you use the loan for business.

emmanuelewumi:
FSDH Capital

United Capital

Meristem Securities

Investment One Stockbrokers.


I have accounts with all of them and I have gotten loans from all of them

FSDH Capital and United Capital are the best for me.


But I doubt if you can meet up because the right offer is time sensitive

emmanuelewumi:
Since it is not yet profitable why dont you use Price/ Sale.

Compare the revenue to market capitalization. Average Price/Sale ratio in the sector is currently 3.5

crownprince2017:
At ellah, we want to raise that capital at 50.

There is another big news coming.


Keep digging. Investing is a real job.

Oyel money is real, the doubters have been shut.

Katell:
I am proudly a weak man. I won't be gaslighted. "Do the crime, do the time".

If all sins are forgivable, Satan won't have casted into the lake of fire.

Yes, I am weak man and I don't want to upgrade.

irumole1975:
Many men are self absorbed especially Nigerian men. I read a post on Twitter yesterday about a man who find out his child isn’t his and the wife has been sleeping around with her ex. The man on knowing this stopped all responsibility on the woman and called the marriage quit. What a weak man.

Strong men forgive! They don’t resent and dwell on past mistakes. The children should not suffer because of the little mistake from the mother. Talk to ur wife, ask her why she cheated, apologise to her and let her know you still have her best interests at heart. Marriage is all about forgiveness.

Also, you can try talk to the man she cheated on u with and tell her to stop sleeping with ur wife. Thai way ur wife will know u truly love her and her respect for u will increase.

Nigerian men should learn to swallow their ego

Thepenn:
Honestly, it's not the rejection that hurts most times but the silence.

I wish they can have the decency to say an outright NO and save people from having hope in vain.

Gerrard59:
This is not true. Ondo is. The major cocoa producing states in the country are in the southwest. Cross River is the top non-southwest producing state.

Gerrard59:
600K ke? It was 1.1m per tonne. Take it or leave it. Traders had to go to far-flung states to buy cocoa because it was in enormous demand in the major producing states.

Mankind2024:
100% paternal + Maternal.

Mankind2024:
Investment Marathon: Reaching Highs in NGX, NYSE & Crypto.
When I was growing up, common sayings in Shagamu, and among the Yorubas were 'The journey of a thousand miles begins with a step,' 'You can take a horse to the river but can't force it to drink,' and 'Think and grow rich.' These sayings don't fully align with today's reality. Now we know the journey of a thousand miles begins with the first taken step. We can also force a horse to drink water by feeding it with concentrated salt to cause thirst. Growing rich involves thinking, continuous learning, DOING, and growing rich.
On Nairaland NSEMPA forum of today, many investors aren't proud of their wins in a faceless forum; rather, the JIJO (Jump In, Jump Out) traders are the ones celebrating their wins. This norm shouldn't continue. I'd rather share my investment successes and mistakes to celebrate personal milestones and encourage others that long-term investing is key to building generational wealth, after all, no one knows me. Sharing milestones by investors on a faceless forum outweighs perceived disadvantages.

On this note, I'm proud of my long-term investments:
- NGX portfolio with N170M CAPITAL appreciation within 6 weeks in blue-chip companies in the ongoing rally.
- NYSE $11k(N19.5M) gain in my foreign portfolio despite the selloff seen 2 weeks ago
- N48M($32K) returns on CAPITAL in cryptos and digital assets YTD in the ongoing crypto rally.

These wins came through learning, discipline, perseverance, steadfastness, and prayers. I believe in taking care of my young and future self and family while aiming for generational wealth. Sharing investment milestones boosts perseverance in holding assets and helps achieve SMART goals. I'd say I've been favoured in my personal finance and investment journey. I hope to share hitting the US$1M goal one day.
Once again, investment is a marathon while short-term trading is a sprint. Wishing you all a fruitful H2, 2025.

tensazangetsu20:
4 kids in 2025 😆😆🤣😆😆😆. Tinubu should tax you differently.

Tallesty1:
Do you get? A nice article but he nearly ruined it with that part.

Nearly everything men did in 1985, they’re still doing today, but you don’t see anybody telling them to stop because it’s 2025. Look at marriages, even after divorce, the core things a man provides in marriage, he can still be mandated by court to keep providing for the woman and kids. But nothing binds the woman to do anything for him. It’s crazy.

In my family, everybody cooks. And being the one who stayed in the village longer, I cook local foods better than all of them. Recently, we were in the village for Easter, and I was the one cooking. My brothers were there, their wives too, and my sister, my mother, and others, I was cooking because I love cooking and I trust my own food. But all this talk about 2025 doesn’t move me. Yes, it’s 2025, I can order any food from my phone; heck, I can order both the food and the chef.

Nobody remembers it’s 2025 when we tell men to be the providers and do all the heavy lifting. Recently, because a woman died over ₦500k, the internet was full of “don’t settle for less” and “marry a man that can always cough out a million.” This is coming from a POS attendant that earns ₦15k monthly without any allowance.

Recently in a conversation with one, she said she can't marry a broke guy because she doesn't want to suffer; and I asked why she would suffer because of his brokenness when he isn’t asking for her own money?

Women have all the opportunities that men have, they have the education men had, they can get all the skills men have access to, and for some good reason, it’s even easier for them. But nobody reminds them it's 2025 when they hold back their own money and expect everything to come from the man. Nobody tells them it's 2025 when they're planning their dream weddings without contributing a single kobo.

Na man dey do man las las, NEPO kids dey buy off the whole food in the canteen because they no wan queue while LAPO kids are being told to start cooking because it's 2025. Na money and fellow man dey do man.

I dey live in one beedrom, I marry woman put inside, she no add extra room, na me dey pay the bills but na she settle for less.

Chineke kpọkwa ha ọkụ

Joyful365:
OandO will need additional or around ₦12 trillion+ inflow of equity from shareholders at its current ₦53 to reach a share price of ₦900. This doesn't look likely in the next 7 years.

SonOfNobody:
Ellah price may go up again any moment from now. If you're in, sit tight.

chimex38:
Sometime last year, they stated they were investing in AI to reduce exploration or rigging cost. They know it's an issue.
I just hope it's part of their CAPEX this year so as to increase bottom line upcoming years.

Zagee:
OANDO has to be using helicopter to transport crude, cuz I don't understand why an increase in revenue is directly proportional to cost of sales. Is there no cost cutting measures to adopt?

WritterNg:
🇬🇧 🇬🇧 🏴󠁧󠁢󠁥󠁮󠁧󠁿

soqmeov:

franchasng:
Don't let anybody mislead you, no tribe is devoid of criminal elements.


Yes certain crimes are more peculiar to some tribes in Nigeria but that doesn't mean others commit same crime, maybe not as much as the others.


The Igbo people are more prone to drug trafficking yes, I am Igbo and I must admit the truth. But also remember that our current President who is a Yoruba was involved in certain transactions when he lived in the US that brought controversy and accusing fingers towards him being involved in international drug business in the US in a large scale.


We also have other prominent Yorubas that US even requested for their extradition for being involved in same.

But still, it's more prevalent among the Igbos.

Then when you come to international wire fraud and Internet scam, the Yorubas take the lead in Nigeria.


The Hausas and the Fulanis take the center stage in Islamic terrorism and violence.


But in all, no race is devoid of criminal elements.

Zagee:
Insurance business is strange. One quarter its 3b in profit, the next it's 600m in profit 😐.

Only one so far was "caring" enough to give an economic forecast on Q3😂
Extreme sports!

Agbalowomeri:
Another victim

Agbalowomeri:
Loco go send some people back to the village

Raider76:
The way these so called fuel marketers are complaining that the proposed Dangote fuel distribution plan will lead to job losses you would think Alhaji is going to use drones and robots to do the distribution. Yeye people.

Mpeace:
https://doclib.ngxgroup.com/Financial_NewsDocs/44672_TOTALENERGIES_MARKETING_NIGERIA_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

So Totalenergies is now a loss making oil company. Na wa oh Eps from N60 to -8