₦airaland Forum

Mpeace:
Aradel has officially fallen. Now 448.00
Na wah oh

It has to.
They generated roughly 100% in revenue but a 200% in cost of sale to 132b swallowed up any gains made.
An eps of #7.77 Q1 is just #31 annualized.
With a PE of 10 and total dividends of maybe #30, I expect the price to roam around 350-450

bernardluccky:
The truth is that, when I finish NID form that maritime academy and discover that the school has no certificate I told my dad that I want to learn a programing skill but my dad friend insist I write jamb again and go for computer science instead and my parents agreed.

The only mistake I made is that I did not think about it I just accept because I believe everything they say is for my betterment.

You can be learning a skill and still be going to school.
If you drop out to face skill alone and it doesn't go as planned in future, you will regret it alot.
Better to have 2 options than 1.
The more options you have in life, the better for you

WritterNg:
Lol. You don finally cast this him other account.

Last last na the 2 accounts go dey follow themselves talk for here. 😁 😁

And these

Coming late for me

APCsupporter:
They're all hidden. This is long, long overdue, but I'm happy. We shouldn't be made to read unnecessary rubbish everyday just because we are using nairaland

Any moniker that is insultive or writes rubbish, I will just quietly send him to the BLOCK industry

Gerrard59:
Agreed.


Even Ikeja GRA does not look feasible considering the continuous Mainland vs Island rivalry.


Sorry, but does this really happen in real life? I really doubt o as Cave explained it.

If you are going to come down, not too low. Lekki, VI and environment should be the lowest too.

To an extent, I can understand not marrying from a polytechnic for a man who studied at Covenant. See why I said the VI to Iyana Ipaja does not look feasible? But what about Covenant (man) and UNILAG (woman)? CU (woman) and first generation federal university (man)? Let's also put in mind that those from public universities outnumber their private universities' counterparts. But what I see happening will be arranged or marriages by recommendations. Many parents, especially of their privately educated daughters, will want to be involved in choosing men for them. To solve most of these problems, the Nigerian economy has to grow at above 5 - 7% GDP rate.

How will growing the economy by 5% GDP solve the problem?

emmasoft:
Please note that all dollar funds, including NDF, operate differently from MMF. They don't have the same underlying assets. While MMF assets are TBills and commercial papers, Dollar funds have eurobonds as underlying assets.

In investment categorization with respect to risk, an MMF is low-risk or conservative, while a dollar fund is medium-risk or moderately conservative.

Why do you classify eurobonds as moderate risk instead of low? Since bonds are low risk investment

CaveAdullam:
I get your point, Chief.

But the heart will always go for what it wants.

Creating a chasm for love which is automatically becomes romantic classism does more harm than good.

Love is not business. Business is not love. Both are separate concepts.

By the way, there's a higher possibility of CU male graduate + CU female graduate. But if it never occurred and it eventually becomes a poly female graduate that's what the heart really want.

The thing here is that most marriages are based on same level of spouse's potentials.

And in a hypothetical scenario, if we really want to tour this line, the majority are not going to get married.

Summarily: as witnessed average men and women get married to mates at the same level as them.

Thanks.

I get your point bro but how come women are not blind to pick someone above them? It is because they don't choose with emotions (Love) rather Logical.
Any one who chooses based on emotions/Love would always regret it on the long run.
Women are not blind to come back from Canada or US or UK to pick a spouse yet the men are so blind to do such.
Women heart are not soft towards a lady working in Chevron to pick a teacher yet a man's heart is so emotional.
Everything begins from mindset.
I will regularly nature them in the kind of ladies to bring home.
Moreover, your environment 85% of the time will give you your spouse.
Where you go to regularly is where you will most likely see your spouse - CU environment, back home to Lekki, shopping at ShopRite, church at winners in Lekki, golf club house etc is 85% most likely where you will meet who you will toast and date.
Unlike poor people who are not conscious of their life's actions, I am very very conscious of it.
You said if we toe this line marriage will crumble or reduce, I doubt that just that most will marry within their level.
One thing am sure is that, no lady will use marriage to my son to correct her family's broke situation.
Not my sons.
Moreover, the only reason marriage is still happening is because men Love it and will go a length to have it.
If most women are educated and have good jobs, they recent it.
Women don'tike marriage, they only like relationship.
In relationship, they are not obligated to do anything or have any responsibility. They don't enjoy waking up every morning to cook for you and the kids or fo to the market.
If they can, they also want to wake when they feel like, cook and eat what they feel like and when they feel like without the necessary pressure of it from marriage.
With relationship, they still get the sex, gifts, outings without the necesity of cooking for you when you come to their apartment or wash your clothes. A can of coke in the fridge with snack should do while you gist and have sex.
They should all cut us some slacks about marriage up and down abeg

Qatar2022:
If a rich guy have family like you he will be poor forever

CaveAdullam:
Nice points, chief.

Those women in higher offices and of higher statuses are getting married to men at the same level as them and higher.

There's something we must understand: top-tier people are the 0.1% of every society. They are not common. In most cases they only rotate within their axis - individuals at same level as them.

Back to the evolutionary game: men date lower while women date higher.

Men date lower because they easily flex their authority - leading, providing, and protecting. Women date higher because they are the weaker sex and search for the aforementioned men to safeguard them.

Going back to the majority of the population - middle class and lower class, there will always be a higher possibility and probability in dating and marriage within their strata.

Even if men date lower, in many wedding ceremonies we've have been opportuned to witness on social media - high profile men in their numbers got married to high profile women. And vice-versa.

Men aiming for high profile women must be occupying high profile zones. This is not a work of letters and imagination. It must be so.

Women are not visiting clubs and high-end places with their expensive make-up and wears for nothing. They are simply targeting fat preys - rich and successful men.

If men are advised to marry high-value women, they also must raise their standard by becoming high value men.

The crux of the matter: men and women as we've continuously witnessed every weekend always get married at approximately same level as their potential mates.

Of course, in last few decades, there has been a social and cultural change which affects the way we see dating, romance, love, and marriage. However, regardless of socio-cultural changes, humans will still rotate around their biological and evolutionary axis.

Thanks.

Cc. Gerrard59

Yes, I understand bro and it is okay by me but my point is that even if men are going to go low, it shouldn't be that low all in the name of Love.
We go too too too low honestly.
Marry within your range or band.
All kind of ladies will always be within your band.
I don't want to believe it is only the ladies from broke homes that are humble or submissive. You will find them in the middle and upper class too. It is your job as a man to find them and marry if you are in that class.
Most ladies who were born and brought up in Lekki won't dare marry a guy from egbeda all in the name of Love.
The least they can settle for is a guy in Lekki too or abroad while a guy staying in VI will be wifing a lady in iyana ipaja all in the name of yeye Love.
If you are going to come down, not too low. Lekki, VI and environment should be the lowest too.
I can have a son who I sponsored to convenant university come home with a lady from Polytechnic honestly. I and his mother would reject her.
I will threaten her not to come near my house again.
The least he can go is Babcock or any top tier private uni, not even govt federal universities honestly.
Apologies to most of us that went to govt schools but unfortunately, I won't allow my son descend so low to pick a lady from there.
Actually I don't care if we have rich kids in govt. schools but he dare not

Don't mind them.
They will be shouting he doesn't want to help, he doesn't want to help as if there is anything to help in them
Ask them if it is business they want to do, they will say No.
Any handwork, No
School nko, No
I want to travel out to canada or US...na that pone be their own helping.
Oga, abeg make you HELP your HELPER to HELP you easy

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.