₦airaland Forum

KarlTom:
Can anyone check this results please? Maybe I'm missing something

The net FVOCI doesn't tally with what's stated in note 18.1...

Checking it also and not getting the value quoted in the income statement

Locotrader:
Champion is a Northern candidate.
This result is superb because I know where they are coming from and where they are going to.Brewery sector is resurrecting.These current prices are injustices which can never be sustain.

With eps of 11k in Q1, we are looking at 44k FY eps.
At the CP of #4, with a earning growth of atleast 50% in FY25, I expect the price to rise to #6-#8

ojeysky:
EPS is on the positive for a start

Yes, the P/E ratio is around 10 and with an estimated earning growth of 50%, I think it is a good stock at current #4 price.
They have zero debt/loan and good OCF and FCF but dividends of 10k is use-less

bukatyne:
If women were really ruthless, 60% of Nigerian men will not be married.

Because most have nothing to make them ruthless in the first place.
Just you know, most ladies are not that attractive, beautiful as they think.
Also, being ruthless is more visible when a lady perceives she is in the same level like you.
A lady teacher looking down on a male teacher.
A nurse who won't date a male nurse. Etc

Acidosis:
Majority of women are very ruthless when deciding on who to marry. They don't care about your feelings. They won't marry you out of pity.

Hmmmmmm
Thank God you are seeing what we have been parroting for years.
I just hope average men can be this ruthless too and look beyond worthless beauty and sex.
There are 2 sides of a relationship - Love and Business.
Most women consider the 2 ruthlessly. You can be handsome, caring and good on bed (the Love/Attraction side) but how financially buoyant are you to sustain a family (the Business side)? She may date you for sometime but will drop the relationship at the shortest moment when a better option shows up.
For men, please watch out for this too.
Beauty, nice shapes - bumbum and boobs, caring, respectful, God-fearing etc is the Love side. Unfortunately most men are totally satisfied with it.
The Business side? By associating with her, what do you benefit from her? How does associating with her rubs positively on you?
Good examples -
A lady working high class jobs at LNG, Mobil, Nigeria Bewery etc that dating and marrying her gives you connections to contracts, helps you recruit your brothers or friends into these organisations because she is part of the HR or knows someone there.
Dating and marrying high status men's daughters like senators, governors, corporate top dogs daughters that associating with these ladies helps and makes your journey in life softer. I can explain on this later.
I am tired of seeing men working themselves up a bit all just to come back to Nigeria to pick a broke poor lady, regularly pulling broke ladies up and her family but when the tidy turns, the lady won't hesitate to leave

LordAdam16:
Had to be diplomatic and conservative.
To avoid the "demarketing Nigeria" accusation.
If 10% is a biblical pestilence; 90% is Armageddon.

Believe it or not, the caste system contributes to the Indians being able to put a lid on their wayo tendencies.
Observe how Nigerian low-skilled workers complain about Indian bosses. Think of that as a social convention.
It's akin to a natural disciplinary board. Woe betide you if you f*ck up an operation as a dalit or lower class.
Your bosses who are habitually upper class will come down on you with the fury of a thousand suns.
In fact, your daily interactions will give you an inkling of what awaits if you give them a reason to go ham.
And their society will at worse be indifferent. There'd be the recognition that you FA and it's FO time.

In addition, there is this instinctive deference and veneration of any semblance of authority.
To be fair, this is true of most Asians to a degree. But it is part of the social fabric in India.
Much of what Nigerians decry as eye service and excessive brownnosing by Indians in office politics is the natural byproduct of that system, flawed as it may be.
Also explains why they naturally will flood a company with compatriots. Social mobility is an Herculean task. So when you find an opportunity, that's your golden chance to bring in family, fellow caste members, and even lower caste who'll cement your economic control and make no fuss. The boss or owner(s) that let you do that is a demi-god. Your demi-god. So there's no incentive to wreck the enterprise.
A Nigerian sees a thriving enterprise and visualizes lavish ceremonies, BBL baddies, spending spree. An Indian sees a thriving enterprise and visualizes improving the lives of his entire caste, the compounding economic effect, and the invaluable social benefit.

There's another aspect to this.
In Nigeria, a sibling steals from you and in the family meeting you'll be implored to let it go.
A gaggle of Nigerians with the "na where we dey work, we go chop" mindset is the most destructive force in the universe.
Western companies are products of high-trust societies. So it's a terrible match.
Nigerians are perfect as board pieces. Slot individually in any role, anywhere, and you have a model employee.
But a self-sustaining majority-staffed Nigerian outfit will achieve critical mass to be a menace to any company or industry on the planet.
Again, I'll repeat, this is not a foregone conclusion. But the elevated risk in itself is disqualifying.

Lastly, I agree with you that in some respect their crookedness is not "crude and raw and open".
This does not only apply to Indians. Westerners can be criminally-minded as well. Corruption is everywhere.
I'd use an analogy to state the difference.
Westerners will only steal ripe fruits through elaborate schemes.
Indians and several other third worlders might steal ripe fruits and unripe fruits they'll keep until they ripen.
Nigerians will steal all the fruits. Then fall the tree to use it as lumber/firewood. We fit even sell the land sef.

-Lord

WriteerNg:
⚡Pakistani MP Bilawal Bhutto:

Indus is ours, and it will remain ours. Either our water will flow, or Indian blood will.

Pakistani MP Bilawal Bhutto:

Indus is ours, and it will remain ours. Either our water will flow, or Indian blood will. pic.twitter.com/gKtgHBAj6b

— Clash Report (@clashreport) April 26, 2025

Hmmmmmmm
This is getting serious

advanceDNA:
Lol ....Technically, every marriage is a business transaction you women because y'all consider financial gains first before anything ... (Y'all prefer it's one way: "the man should connect and elevate a bró)ke woman" )

There is uproar when it is in other direction.

helinues:
I will bend if any Africa countries would make the list. Why should black monkeys be allowed for 90 days entry visa

It's time to make Africa better and F this people once and for all.

What a shame that no single African country is on the list.
A continent of whooping 54 countries and non eligible for that.

TerraCota:
I think you are mixing things up: final year dividend paid today is N1.20 per share. The N4.0 is the Q1 interim dividend to be paid on May 20th.

Ohhhh... Okay. Thanks alot

Heishere:
Na Lafarge I receive. UBA never land

I received lafarge too but not what am expecting.
Final dividend is #4.0 per share and I have 220,000 units, I am surprised to be paid #240,000 instead of roughly 800,000.

LordAdam16:
NL bot is on a rampage.
My last detailed comment was autodeleted.

---

Competitive advantage is a thing.
Arizona is the top destination to set up chip fabs in the US. For chip design, go to California.
India has cemented its control of the global back office industry.
If Nigeria wants a piece of the pie, we'll have to do things that should have been done a decade ago.
Applies to South Africa as well.

To be fair, it's a glaring opportunity.
I don't think people are deliberately leaving money on the table, be they Diasporans or company execs.
If someone breaks the mold, the floodgates will open.

The obvious question is "Why has no one dipped their toe in"?
A forum comment would not do it justice.
Take Andela as a case study. It should be our TCS.
There is zero chance that no one at Andela or affiliated with Andela floated, "Why not keep the engineers on our payroll and be a sub-contractor to Western conglomerates"? The basic business case is not rocket science.

I could cover some of the reasons, but I'll essentially be screaming into the void.
Security is right at the top.
You have 1000 staff. Say 10% are bad eggs. 100 Nigerians motivated to wreck your operation is a biblical pestilence.
I'm not saying it's a foregone conclusion and inevitable. But the risk alone will send you to an ICU.
To combat this, you'll have to become deliberately inefficient. A lot of the companies with GCCs are in sensitive sectors.
The math does not work if we cannot be cheaper, more productive, and more secure than the Indian behemoths.
You talked about diasporans leading the charge. Well, every one of them has horror stories playing in the Nigerian market. Some have PTSD.
So it's not a mystery that no one is eager to take the plunge. Tomato farming became a debacle. Tomato farming.
Let's just say opening an outfit to sub-contract to the likes of Chevron, Boeing, Roche, and Goldman Sachs while somehow outcompeting the Indians who've been at this for decades will be quite the undertaking.

I'll wrap up by saying all is not lost.
There are Nigerian firms in the BPO industry. We have a smattering of call center operations.
Perhaps, with time we'll move up the value chain.
BPO is the largest private employer in the Philippines. So it's not like India is the big bad wolf.
The opportunity exists and the West is not blameless. But Nigeria has simply not done enough to leverage the opportunity.

-Lord

@ the bolded

Sunrisepebble:
https://doclib.ngxgroup.com/Financial_NewsDocs/43863_BUA_CEMENT_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_APRIL_2025.pdf

N2.39 EPS, N81bn PAT.

All the cement coys cashing out

Looking at the EPS, the stock price looks too expensive

zendi:
Your own privy trading will make those board members look like fools who don't know how to exploit opportunities.

pansophist:
If you are not at your best as a person, the other gender will be used to punish you.

Broke men get their daily dose of punishment from women. Infact the worse punishment broke men suffers is being invisible. Because a woman have to notice you to even reject or treat you bad.

women past their prime get their punishment from men. Firstly, broken men will always feel like he is the prize. She will pay for still being in the dating market past her prime, and men will be the punisher.

Chaii....
This life is unfair

SeaTrade:
My experience.
Have been talking to this girl,smart and all.
But I think she pedestalises herself so much and think every other person is beneath her.
A young girl for that matter ooo(early twenties).
Work a federal government job(no offense to civil servants),still lives with her mom who is also a civil servant,so I mean it doesn't take a rocket scientist to figure this one is still trying to figure life out.
But you need to see how this girl refer to people she thinks is beneath her.
Riff-raff,stupid,this and that...And honestly I find it hard to differentiate she and the people she looks down on.
And has a very dark mind too,like really dark,warped and weird.
Omo I gats commot body oo,I think the mom struggled so much to cater for her ,went through it,developed some bitterness on the way and vomited it in her and she swallowed hook,line and sinker.
Sad situation and this girl is pretty and has a good head on her shoulders,trauma just no want leave am.

WritterNg:
⚡Japan is considering increase in imports of American soybeans to help US offset loss of exports to China.

I don't know but it seems Japan is a shadow of herself.
She is literarily kissing US bumbum

WriteerNg:
⚡Pakistan says Indian defense, naval, and air advisors in Islamabad declared persona non grata, to leave by April 30.

Na WA ooo

As we dey try quench one fire, another one dey come up.
Hope it is not the CIA behind all these?
Like a logger head between China and Russia since India is backed by Russia and Pakistan backed by China

WriterrNg:
⚡US Treasury Secretary Bessent:

China’s current economic model is built on exporting its way out of its economic troubles. It’s an unsustainable model that is not only harming China but the entire world.

Lol... While US current economic model is built on printing itself out of economic troubles using dollars which is not only the harming US but the entire world.

Watcharena:
They both have common losers

WriterrNg:
⚡Burkina Faso's military government has said it foiled a "major plot" to overthrow junta leader Capt Ibrahim Traoré, with the army alleging the plotters were based in neighbouring Ivory Coast.

Security Minister Mahamadou Sana said the coup attempt was led by current and former soldiers working with "terrorist leaders". The intention was to attack the presidential palace last week, he added.

The aim of the plan was to "sow total chaos, and place the country under the supervision of an international organisation", Sana said on state television on Monday.

It is the latest of several claims of attempts to remove the junta leader who seized power in 2022 amid increasing militant attacks.

It is still the same thing.
The hand of Japan but the Voice of US.
A ploy to make US look neutral while it is others that is supporting Ukraine.... Lol

tobore4u:
"And to our surprise, a man came to say that one of the women was his wife and instantly, he divorced her three times"

Tayorshd87:
You right from this angle too bro ..

We can't just conclude because same children might grow up to become millionaires too and the family lineage will Prosper.

And what if they don't become millionaires rather useless boys on street?
Hoping on your kids to make it in future to take the family out of poverty is useless plan to me honestly

Bobodee09:
My actual problem is fear of the unknown and unforseen expenses.

For instance last year March my daughter just came back from school and by night she got really sick.
In just 6days we spent over 200k on hospital bills.

I don't have people to run to for help, infact I hardly even ask anyone for help...so I can't afford to be financially stranded.

So that my fear which limits me alot but I think I need to put it aside now.

I was once like you who was scared of the fear of unknown.
Even when the money is there, I was always scared of spending it on myself because who knows, what may come up and nobody to run to for bail out but I had to change my plans.
Dropped my cost of living down even though my wife complained about it so as to free up more disposable income.
This disposable income should be invested into safe investments like mutual funds that give regular passive incomes.
As your passive income grows, it starts taking care of you house bills while you have more income for yourself.
This plan may take 2/3 years to materialize but it's worth it.

Parizz:
you fork around?

No bro, i don't but sure do take good care of myself even though i am married.
Looking good, smelling nice and having admirers is actually not bad.

Staywithbina:
Bro that’s the life ,go to gym ,go for shopping,take yourself out ,spend on expensive clothes and shoes ,expensive wrist watch ,go for swimming,rent a house inna big men environment,eat good food ,put
On nice deodorants,don’t even allow anyone who’s not your level around you ,spend time with bigger boys and girls ,get a sweet ride ,go for sky dives ,have fun with your self ,do it all
The time and all the time ,keep 20 plus girlfriends and Call up any of them when you need em ,spend good money on yourself ,make sure when you are spending 10k on a woman that you already spent 5m on yourself

You are very correct bro....when you do all these, naturally you see your value rise and it will look as if a veil has been lifted from your face when you see the calibers of women you are now rolling with.
You will look back at your old simp days when you were always begging your Ex, always trying your best to make the relationship work while your babe is giving cold shoulders and you will feel like laying down make dem wipe you better koboko for your foolishness.

PantShifter:
The money is gone, just look for a way to fùck her and get your money's worth

Nah!!!!
The pussy is on the table but ain't banging a married woman....that is my red line