₦airaland Forum

If you consistently prioritize your future needs, life will become easier and easier.

If you consistently prioritize your current wants, life will become harder and harder.

WriteerNg:
⚡Trump:

Ukraine will have to pay, or find out where the money went.

In bull markets, investors only see opportunity and are blind to the risks.

In bear markets, investors only see risks and are blind to opportunities

JESHAL007:
Leverage is any advantage that gives you an upper hand in your dealing with women so that you can checkmate her feral nature and always be in a position of power in the relationship

1)The ability to walk away because you have options typically because you have high SMV
2)Having money ( relatively comfortable that she's dependent to you to a reasonable degree and used to the financial stability)
3)The ability to replace her
4)The ability to practice traditional gender roles due to strong institutions like sound family laws, strong influence of religion and traditions
5)Her choosing you because she is the one chasing, heavily invested in the relationship emotionally by having genuine desire in you so you have advantage in the sense that you are the one that loves the least hence the one in power
6) Having strong masculine frame with strong boundaries that are enforced
7)Having redpill awareness is leverage on it's own

A broke and lonely man living in scarcity of romance, sex, can't have leverage for the majority of men although we have broke thugs, bad boys, that are enjoying women at their best and having baby mamas but they are a minority, most broke guys engage in crime to attract women for sex like yahoo

Okay.
Thanks, now I understand

JESHAL007:
Men who think leverage isn't important or that much of a big deal —or that the issue of leverage is simply petty secondary school manipulation tactics— are just ignorant and know nothing. Never give up leverage by whatever means.

I don't understand this statement. Can you shed more light on it?
I see you have been reading a lot of redpill books bro due many comments you drop here.
Thanks for the redpill comments, you are well celebrated.

JESHAL007:
If women were judged by the same standards women use to judge men:

- Height
- Fitness
- Humor
- income
- Exciting life
- Emotional control

Almost all women would be considered failures.

WritterNg:
⚡Foreign minister Baerbock let the "cat out of the bag":

EU reportedly plans a €700 billion weapons package to arm Ukraine.

Will Ukraine ever be able to pay back these loans?
They sha want to recolonize Ukraine unborn generations

WritterNg:
⚡Trump demands higher share of Ukrainian GDP than reparations imposed on Germany at Versailles — Telegraph

Waoooo
Waoooo
Just waoooo
This is recolonization in broad day light

WriterrNg:
⚡U.S. to Claim 50% of Ukraine’s Resource Revenues for Reconstruction Aid

A leaked draft agreement shows the U.S. securing 50% of Ukraine’s mineral, oil, gas, and infrastructure revenues in exchange for post-war financial support.

The deal, centered around a “Reconstruction Investment Fund,” would give the U.S. control over Ukraine’s resource licensing and long-term economic influence.

Key Terms of the Agreement

— The U.S. government (USG) commits to long-term financial investment in Ukraine’s stability and reconstruction.

— Ukraine (GOU) must allocate 50% of all revenues from resource extraction licenses to the U.S., effectively granting Washington a financial stake in Ukraine’s economy.

— The Reconstruction Investment Fund will have exclusive authority over how Ukraine issues and manages resource licenses.

— The U.S. will have a “right of first refusal” to purchase any exportable minerals before Ukraine can sell them elsewhere.

— Ukraine must waive sovereign immunity, meaning the U.S. can legally seize Ukrainian assets if Ukraine fails to meet its financial obligations.

— The agreement classifies Ukraine’s resource deals as commercial transactions, making them subject to U.S. and international arbitration.

— The U.S. gains full audit rights over Ukraine’s financial books related to the Reconstruction Fund.

— Ukraine must provide monthly financial reports to the U.S. and appoint an independent auditor, paid by Ukraine.

— The agreement does not specify an expiration date, meaning U.S. financial interests in Ukraine’s resources could remain indefinitely.

Ukraine Refuses

President Zelensky refused to sign a draft mineral resource agreement with the United States, stating that it does not adequately protect Ukraine's interests.

“The agreement is not ready to protect us, our interests.”

A former senior Ukrainian official called the U.S. offer "a colonial agreement"

The U.S. seeks 50% of Ukraine's rare minerals and has signaled it is open to deploying American troops to guard them if there is a deal with Russia to end the war.

Na real Colonial agreement

Crayfish09:
That scumbag is beyond redemption. If America should massacre his whole family and brag about it on TV, he'd accuse his family of secretly working for Iran and hoist the American flag over their graves. Very useless person

ositadima1:
Sunrisepebble raised a very strong point—read his submission below—but none of the people who posted in Oando's defense cared to address it. I saw a lot of half-baked attempts, with some outright wishful thinking.

Oando gained over 300 billion from forex gains, which is not a constant, and spent over 200 billion on operating costs (excluding COGS), ending with about 60 billion in profit. (I'm quoting from memory, and you can verify my numbers.) His point is very valid: operating costs are high. Imagine if there had been no 300 billion windfall—the result would have been negative.

I expected reasonable defenses, such as an explanation that the high operating costs might be due to merger with NAOC and temporary or other factors. Instead, what I found here was very disappointing.




Let me list the various defenses presented here and highlight how nonsensical some of them are:



This person is busy calculating $50 per barrel but has completely ignored the costs and financing involved in lifting the barrels—totally childish.



This person is comparing two companies with different ordinary share structures, which is worse than wishful thinking. This is the same self acclaimed in-house prefect who is quick to call out derailers yet falls short themselves.



Another one failed to address the elephant in the room—what is the point of increasing revenue if costs are rising even faster?

At the very least, I expected someone to propose a partial solution to this concerning issue or simply deny that the problem exists.

Apologies.
I didn't take that into consideration.
Let me go check their last report to make a more informed decision

HMCall - Haldane Mcall

1. Understanding The Business

They company cater for middle class and low-income Nigerians with their hotels ranging from 40k/night in Surulere to 25k per night in Ikorodu.

2. Moat Analysis

They are in an industry with so many players and low-barrier entry.
In my opinion, there is no moat in this industry, so it is an open field. We have so many low-budget hotels up to the high class 3-star, 7-star hotels.
They can't compete with Transcorp or Ikeja hotels who rake in billions from hotel reservations of 100k minimum per night.
Their properties range from 200/300m per flat in Ikeja, Surulere to 35m per flat in mile 2. They also have flats to sell in Togo and Benin rep.

3. Investment Thesis

In a world where technological advancement is changing a lot of things very fast, it becomes hard predicting 5, 10 years growth of a company without expecting a disruption.
Disruptions from services like Airbnb poses a long-term threat to hotel businesses.
I believe the company with adjust to these changes and adapt in the long term. Also, they are into buying and selling of properties and i also believe they will have to take advantage of listing their hotels and properties online/digital advertisement like Jiji etc.

4. Fundamental Analysis

Revenue (2024 - 2021) = 3.64b - 1.74b - 2.92b - 1.31b
GP = 20.6b - 0.92b
OP = 1.01b - 0.38b - 0.15b - 79m - 172m
NP = 0.68b - 0.26b - 98m - 53.7m - 117.5m
OS = 3.12b
EPS = 22k / Price = #5.87
Cash = 1.06b - 0.27b
A deposit for shares of 5b which may be converted to shares sooner or later. That will be a dilution of 850m shares to make total OS of roughly 4b
There is a current liability of 1.62b that needs to be paid within a year - Director's current account.
Work-in-progress / Inventory = 3.42b - 0.5b

5. Valuation
Rev per share (2024 - 2021) = 116k - 56k - 94k - 42k
EBIT per share = 32k - 12k - 5k - 3k
From the figure below, we can see revenue has been growing since 2021 by 29% per year
Operating profit has also been growing from 2021 by 80% per year
12 months average rev/share growth rate = 107%
12 months average EBIT/share = 167%
The company has been growing at a fantastic rate for the past 12 months in revenue and operating profit likewise for the past 4 years.
Current PE = 26.7x and keeping a conservative earning growth rate for the next 4 years at 40%,
Current eps = 22k.
Estimated EPS FY28 = 22k x (1 + 0.4) ^4 = 85k
Hmcall will be #17/share in the next 4 years at a PE of 20. Which means a 5m invested now in Hmcall will be 17m in 2028
But at a PE of 10 (avg ASI PE, Ikeja hotel PE is , Hmcall price will be #8.5
Which means future earning has been priced in.

mikeapollo:
Lol
If they want to raise normal equity, they would pump the share price on NGX to a much higher value.
They may also raise deferred equity which usually comes with low interest rates.
We do not know if the share redistribution would also involve cancellation of some inter-co payables as well, as suggested in one of their publications

I think the current price seems reasonable at P/E of 12. Pumping it up won't be really attractive because investors will compare the PE to Aradel and other companies in the same sector

Sunrisepebble:
I laugh at the bolded, "some"? Have you seen the level of borrowing on the balance sheet? Its not just some they need o
The debt load was about 2.76 trillion and finance cost was N232 billion last year. If they want to reduce their debt by 50% they'd need to raise 1.4 trillion

To raise 1.4 trillion, that will be additional 23b shares at #60/share to give a total outstanding shares of 36b, dropping the price to #20 per share from #60.
Finance cost will drop by half from 232b to166b using FY24 as example while PAT will rise to 232b.
New eps will be #6.4 per share for a #20 per share stock which looks undervalued.
That will be a P/E of roughly 3.
Current P/E is around 12, using that, the new price will rise from #20 to #77.
This is aside expected growth in coming years

shoodboi2:
USAID doesn't need to pay all these ones. When they're ready to apply for visa, they will screenshot all their comments here and add it to their application.

Masterviolence:
Now that USAID has been unceremoniously yanked away, I anticipate a long-overdue restoration of decorum and sanity in the months ahead. However, I don’t expect an immediate transformation, after all, I suspect they still have a dwindling reservoir of funds to cling to, like a shipwrecked sailor rationing his last coconut before reality rudely reminds him that the island isn’t getting any bigger.

USAID is just One out of the many mediums they use to funnel money to other countries for their destabilizing bro. They are only opening that.
I won't be surprised if they have up to 20 different mediums

WriteerNg:
⚡Jordan's King Abdullah II on hosting Palestinians:

We must consider how to implement this in a way that serves everyone's interests.

Most of these guys wealth are in the west. They will threaten them with regime change or seizing their loots or exposing their corrupt acts.

WriteerNg:
⚡Jordan's King Abdullah II on hosting Palestinians:

We must consider how to implement this in a way that serves everyone's interests.

Lol.
In other words, they will take the displaced gazans. Slaves

Dvdpity:
It's only an idiot will take such offers... because the chances to survive russian artillery barge is Very low.. you might die before the first paycheck.

WriterrNg:
⚡Ukrainian President Zelensky offers perks for 18-25 year-olds joining the Army:

$24,000/year.
Free university admission (no exams).
Zero-interest mortgage.
1-year contract.

That is if they will live to enjoy it or have them.
Why not send your family members with these mouth watering contract.

WritterNg:
⚡Netanyahu to Fox News:

We must find a place for the Palestinians to go.

Lol
May we not accept visitors that will chase us out of our house tomorrow in Jesus name.

75 years ago, these guys came crying to be accepted but now, they are saying the indigenes should be relocated. Broad day light robbery and no one is talking

freakyamanda:
You are even worse than disobedience. So the actions of US funded media are not influence by the US abi? You are pathetic.

Most of these guys are on USAID payroll

WriiterNg:
Seun.... Once again I'm pleading 🙏🏻

Please fix this picture upload limit... we're really suffering 😰

Even if it's only for this thread, we'd appreciate.

I guess he is part of the media USAID pays regularly.
Nairaland is on their payroll

mikeapollo:
This is how a dubious govt and it's agencies shortchange it's people and investors.
They rebased inflation in order to project an artificial low rate, and that is what they are using to manipulate TB rates now.

I expect bank interest rate to fall too, abi.
There is no point keeping it at 27.5-28% from Cbn and 30% interest on loan from banks.
If TB rates are dropping, inflation rate dropping, then the normal and reasonable thing to follow is bank interest rate. It will be fraudulent still keeping it high

Youngzedd:
Is there a website to see all the upcoming and ongoing commercial papers?

There is a thread for CP on nairaland.
You get updates there. I am in that thread too

pansophist:
And the projection continues.

Because I stated who a virtuous women should be, same virtuousness that is acknowledged by religion, culture, tradition, history, and basic moral sense, I am now an hypocrite, vengeful, rejected, suffer from shadenfraude, a redpiller, have audio money, nightwatcher, and so forth.

This is the effect of not holding women to standards. They will get damaged and fight men who wants to help them.

Go ahead and keep insulting, but in the real world, reality is harsher than my words. You might be young and still see attention as a currency, but when real men comes knocking, they will judge you by your virtue.

If he does not, he is not a real men. Real men are guardians of morality, they set structures, and your rotten self will not be eligible to integrate into their system.

You think `I am your problem lol. If you are realistic as you claimed, you would admit that women should be virtuous, and you should try to help women around you to close their leg.

If a woman read what I wrote and follow it, she most likely will preserve or regain her virtue, but if they read yours, they will remain damaged, because no where in your post you rebuke immorality, but instead, fight me.

You are a typical modern woman. Can speak big english, probably have wig on, but extremely daft. Or in the words of the great sagamite, you are a cretinous fvcktard

You even gave her attention. She called me out also and called me monkey face but I am used to ladies like her here abusing me for saying the truth so I just skipped.
Come to think of it - if ladies who just came to this earth and for no reason have taste and levels, for no reason are been given gifts, money, helped with car lift and so many more. If they can be discussing among themselves about how Kemi shouldn't date Jide because he is not in her level, she is more educated, earn equally or more, beautiful or dated someone financially better than Jide in the past, So why do they think a man shouldn't have taste too?
Why do they think a man who has worked up the ladder without help and against all odds shouldn't have taste or class or levels or requirements?
If a lady without anything can have it how much more someone who has paid the price to have what women have for free?
So they expect him to be cheap? Without taste and just pick a random girl on the street?
Most Nigerian ladies who travelled abroad will never look back at their boyfriend in Nigeria and they justify it by claiming she has stepped up but wants a guy who travelled out to be grateful of coming to pick a local girl back home?

luminouz:
Lol .a driver in Dubai is too low for mama wey wan marry? Hypergamy is real oh... The funny thing is she might even be older with lower sexual market value yet she believes she deserves Dangote.

Boss, your boy never marry oh .. make I marry engineer na...

Hypergamy is a bastard. It is not as if the girl is even beautiful like that.
You never marry? Oboy, time dey go oooo, do make you marry make you born 7 kids ooo.... Lol

Raalsalghul:

Poverty na bastard bro

I dey inside that bus too oo, na why I sabi am

mikeapollo:
Who has ''rebasing'' helped?
Dubious rebasing schemes to whitewash obvious failures

If you are financially stable and from a financial stable home with long history of exposure and social life, you will hardly settle with a common woman. You will have taste and a bit hard to impress due to long history of dating ladies who regularly buy you gifts to show their love and take you out even though you are doing that to them too.
Many women hate these set of men because they have taste and know what they want. Most women want rich but low esteem men who are just satisfied getting sex alone because when a woman meets a man with taste, she knows giving him sex alone is nothing and will start putting pressure on her which they don't like

We need to separate categories of financially stable men we have to that we won't mix them up.
Even if you are doing fine, long years of scarcity, background, exposure etc all play a big role in your decision making.
A man from a poor background with long years of struggling and scarcity will quickly marry his heartthrob if he experiences breakthrough.
He will quickly settle for less even though he could have gotten something better that will match his new status because that is what most women will do anyway.
I connected my immediate brother to a lady who works with me and looking for a husband.
After about 6 months, I asked my brother how far the relationship is going with her and he told me they are no more talking.
Calling the girl, she was very angry with me that I rated her low. That my brother is too low in everything for her.
He is just a driver in Dubai earning probably 200k then while she is a second engineer earning 1.2m.
I had to beg her and closed the case.

JESHAL007:
I want to tell you for Free that many Nigerian Men most especially the Financially Poor Men are aware thier Wives are being fvcked by other Men but they just decide to feign ignorance because They are at their Wives Mercies and they know how difficult it is to get Modern Ladies if you are not a Financially Successful Man.

It takes a great self-esteem and self-integrity to chase a bad mannered woman out of let a cheating wife goes if you are poor or struggling.
I have seen many situations where poor men begged their cheating wives to come back home, they will settle and fix the issues. He has forgiven her before.
What options do they have again? None
An Elder in our church informed the church executives about his wife moving out of their home to a herbalist.
How the woman got to the herbalist, only God knows.
Rumour had it that she do go there to do juju until bush meat (herbalist) catch hunter (wife), Some said the herbalist used juju on her.
The story be say, herbalist don collect assistant pastor wife wey get 3 kids already and the husband was in the emergency meeting, crying and telling the executives to help him in the situation to beg the wife to come back and also beg the herbalist to release his wife. Him go manage am like that.
Will a financially stable man do that? Hell No