₦airaland Forum

awesomeJ:
They're not wrong since they didn't put exit time. Could be anytime between 2025 and 2035.

debeey87:
In the midst of the red, champion brewery is showing a lot of resilience. Not sure the result is responsible for that anyway.

SweetDipBenny:
All you youngers that always say " i dont give a fvck". You better give a fvck now, cos one day you'll wish you gave a fvck..

Bearfruit:
so one should marry for money not love?

franchasng:
I acknowledge the points you raised as very big factors in what has been responsible for increase in poverty among Nigerians.


But those aside, how about those that have good jobs but refused to control the way and manner they produce children with the belief that God will take care of them?

Birthing more than 2 kids is not ideal for average income earners in Nigeria of today. Couples should restrict their child bearing to just 2 whether boy or girl, they are all the same in our evolving world of today. Gone are the days of seeing a male child as a superior child just because of lineage continuation.



Many guys got good job, started well and ended up marrying one zero ambition, lazy, zero talent, zero skill, zero dream girl in the name of mistaken love, and such marriage end up destroying all their hardwork and future prospect.


Marriage is very critical to every man's future. Who you marry matters a lot. I am married and I am telling you this from experience.

Many great guys doing well for themselves got slowed down and some sent back to square one by the woman they married.


Don't waive laziness aside. There are lazy Nigerians, or haven't you heard about some Nigerians that traveled to western countries with opportunities and came back home in the name of the culture there is too different, who does that if not the rich? Examples abound all over the place so don't think there are no poor Nigerians that became poor out of their own laziness and zero ambition/push for success.



Let me stop here for now

Kingsnairaland:
What a pity look at how they line them up like school children

seunny4lif:
BREAKING!! RUSSIA STRIKES AZERBAIJANI (ISRAELI) OIL ASSETS IN ODESSA!!

Russian Geran-2 drones have struck the Usatovo area in Ukraine’s Odessa region, targeting both a rail station and a fuel terminal operated by SOCAR, Azerbaijan’s state oil company.

This follows a similar Russian strike on August 6, when a SOCAR oil depot in Orlivka was hit, injuring employees and damaging the facility.

SOCAR operates energy infrastructure across Ukraine, including terminals and logistics hubs. These repeated strikes have raised alarms in Baku.

Azerbaijani President Ilham Aliyev condemned the attacks and warned that Azerbaijan may reconsider its ban on supplying weapons to Ukraine if Russian strikes on Azerbaijani-linked energy sites continue.

These incidents come amid sharply rising tensions between Moscow and Baku, with SOCAR’s presence in Ukraine becoming an unexpected flashpoint in the broader conflict.

Gerrard59:
My issue is married women withholding sex from their husbands. Aside from outsiders dictating to someone how to spend their money, there is nothing I detest than a married woman who deliberately denies her husband sex even when the man fulfills his side of being a husband.

The tales from married men of being denied sex, begging for sex and doing all sorts just to make their wives happy all in the bid to get sex is very worrisome. At the same time, the man gets criticised when he goes outside. I'm yet to read any pastor talk about this issue.

Samantha125:
Don't you have a family house to go to?

ppogba:
Pastor, dem no dey tell pikin make hin no contract leprosy as long as the pikin fit stay inside the forest alone.

ppogba:
Thank God you made use of plural .

Indeed, they are not just on the bourse. They are right here in our eyes and noses.

Like I always say, there is nothing wrong in getting your fingers burnt. Just make sure you put the experience in your CV.

emmanuelewumi:
Another thing to consider is the quality of the earnings.

Some profits are not backed by cash.

I expect a free cash flow conversion of at least 70%

That is free cash flow/profit after tax.

Profit should also be from operation. Some businesses that are popular here made profits through the disposal of their assets or tax credits. This is not sustainable

Continuous reduction in ROE and margins are also red flags

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.