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Lazinc's Posts

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Politics / Re: Where Are The Nigerians That Wash Toilets Abroad? by lazinc(m): 9:24pm On Sep 23, 2013
I see loads of Nigerians cleaning and washing toilets here in the UK, though I don't see anything wrong with that because they're just trying to make a living.
Politics / Re: Governors Demand For Okonjo-Iweala’s Resignation by lazinc(m): 9:09am On Sep 18, 2013
Shameless cowards. NOI outperforms any of these jobless so called gov anytime anyday period.

1 Like

Politics / Re: Ibori Owns 30 Per Cent Of Oando – Swiss Bank Document Reveals by lazinc(m): 9:00am On Sep 18, 2013
E don be!!! Let's see how oando go deny this one.
I de come back
Business / Re: My Visit To A Garri Processing Factory With Pictures by lazinc(m): 3:03pm On Sep 17, 2013
SLIDE waxie: Pls dnt hide this post...
Cos na true i wan yan..

Is it that u guys up east are just waking up to this very lucrative-low capital venture?

New garri processing plants are in ifo, itori, eweje, ilewo, and ilara in Ogun state!

U will see everything ranging from. Peeling machines, to washing, grinding, pressing and now the ones in pictures!

Some dnt make it into garri only..
Like d one in ifo dries into chips and pallets, ready to be bagged for importation Some into flour for farmers who has govt LPO's to sell for flour mills!
b
So many people have been depending on these for their millions.

i av also finished my research abt this and i am starting my farm next year. My proposal is alwys ready.

The state govt of Ogun state has institutions across the states which large hectares of land to be available for just 2hectares to a farmer!

My point?
This is not oil revenue! Not every state looks up to that!

You meant exportation I guess?
Business / Re: My Visit To A Garri Processing Factory With Pictures by lazinc(m): 2:51pm On Sep 17, 2013
Abeg okada drop me here make I buy kwilikwili wey I go take soak GARRI when I reach house because this sun dey very hot. wink cheesy cheesy wink cheesy
Science/Technology / Re: Nigerian Uses Magnets To Prove Homosexuality Is Wrong by lazinc(m): 1:53pm On Sep 17, 2013
@Op

Politics / Re: Ibori Hid Assets In Oando - British Prosecutor by lazinc(m): 5:21pm On Sep 16, 2013
Oando again ? This coy is always in the news for all the wrong reasons, though not surprise when you have Wale Tinubu as the boss.

9 Likes

Politics / Re: National Treasurer Of New PDP Resigns by lazinc(m): 11:26am On Sep 16, 2013
theoctopus: When a group of people come together with the sole aim to fight against one man and not to improve the lot of the people, then it is surely bound to fail. That is the same fate APC is going to have. You cannot form a party just to fight GEJ and grab power. It will surely fail.

You just made my day!
God bless you
God bless Nigeria

1 Like

Politics / Re: National Treasurer Of New PDP Resigns by lazinc(m): 11:21am On Sep 16, 2013
Suljosh: RUBBISH! Phuck GEJ phuck PEJ

Mumu!
Religion / Re: How Can I Read The Bible Well? by lazinc(m): 3:37pm On Sep 08, 2013
kendraloops:
which will strike u very very soon. watch out!

This is uncalled for. There are 'somethings' you just ignore
Religion / Re: How Can I Read The Bible Well? by lazinc(m): 11:23am On Sep 08, 2013
@Op,
I will like to share a brief story with you:

The Bible and the Wicker Coal Basket
One day a grandson asked his grandad, "Papa, I try to read the Bible just like you but I don’t understand it, and when I do understand I forget as soon as I close the Bible. What good does reading the Bible do?" The Grandfather quietly turned from putting coal in the stove and said, "Take this old wicker coal basket down to the river and bring back a basket of water."

The boy did as he was told, even though all the water leaked out before he could get back to the house. The grandfather laughed and said, "You will have to move a little faster next time," and sent him back to the river with the basket to try again. This time the boy ran faster, but again the old wicker basket was empty before he returned home. Out of breath, he told his grandfather that it was "impossible to carry water in a basket," and he went to get a bucket instead. The old man said, "I don’t want a bucket of water; I want a basket of water. You can do this. You’re just not trying hard enough," and he went out the door to watch the boy try again.

At this point, the boy knew it was impossible, but he wanted to show his grandfather that even if he ran as fast as he could, the water would leak out before he got far at all. The boy scooped the water and ran hard, but when he reached his grandfather the basket was again empty. Out of breath, he said, "See Papa, it’s useless!" "So you think it is useless?" The old man said, "Look at the basket."

The boy looked at the basket and for the first time he realized that the basket looked different. Instead of a dirty old wicker coal basket, it was clean.

"Son, that’s what happens when you read the Bible. You might not understand it all or remember everything, but when you read it, it will change you from the inside out."

That is the work of God in our lives - to change us from the inside out and to slowly transform us into the image of His son. (Colossians 3:9-10)

Just keep reading and studying the Bible even though you don't get everything, sooner or later you'll start experiencing that transformation from the inside out which lead to self discovery and reconnection with the Master (God).
I had similar experience before but God changed me and my life has never been the same again. I read the Bible at any slightest opportunity I have and its been so awesome to say the least.

You can look forward to this http://www.carriesheart.com/bible-in-90-days-reading-challenge/

God Bless you.

9 Likes

Politics / Re: Uyo - City Of Peace And Beauty (Pictures) by lazinc(m): 4:27pm On Sep 03, 2013
Nice 1 @Ujoinme.

AKS ado Ok smiley smiley smiley
Politics / Re: Uyo - City Of Peace And Beauty (Pictures) by lazinc(m): 4:00pm On Sep 02, 2013
Ikot Abasi Gas Receiving facility (IGRF) that supplies gas to Ibom Power Plant in Ikot Abasi

1 Like

Celebrities / Re: Celebrities Reaction To Miley Cyrus' X-rated VMA Performance by lazinc(m): 2:00pm On Aug 27, 2013
Classic family picture by the Smith's!!

1 Like

Politics / Re: Jonathan With Gov. Dickson & Gov Obi In Yenegoa by lazinc(m): 11:02am On Aug 10, 2013
Chris-OD:


Like Fashola is Tinubu's errand boy and Tinubu is Buhari's errand boy and GEJ is Buhari's president.



grin grin grin

5 Likes

Politics / Re: What President Jonathan Said In Cambridge by lazinc(m): 9:37am On Aug 05, 2013
Wow! what a great speech, very inspiring.
TV/Movies / Re: Movies You Never Get Tired Of Watching by lazinc(m): 3:05pm On Jul 26, 2013
The Shawshank Redemption
The Phone Booth
The Count of Monte Cristo
Fireproof!

1 Like

Investment / Re: Stock Market Tips For Nigerians by lazinc(m): 12:10pm On Jun 20, 2013
sentoms: Sorry for late reply. I Will buy Oando anytime. With view of long term. Cos it well diversify coy with good mgt. D only prob is just there debt profile about #80b. Part of which will be paid from d right issue proceed. Most of d debt were use in acquiring more business. Oando's subsidiaries are Oando GAs, Oando marketing, Oando refinery and exploration,. Its a medium to lonG term company

On the highlighted, I beg to disagree. Oando problem is BAD management. A company that wants to be involve in everything oil and gas without any good strategy in place.
Investment / Re: Investment Opportunity In A Tripartite Investment Synergy & Roles by lazinc(m): 11:03am On Jun 19, 2013
elongodolimited: INVESTMENT OPPORTUNITY
TRIPARTITE INVESTMENT SYNERGY & ROLES
S/N INVESTOR TRI-MODAL LOGISTICS(TML) NATIONAL UNION OF ROAD TRANSPORT WORKERS (NURTW)
1. 14 passengers Vehicle
Manage the business interface between NURTW and Investor Operate Vehicle
2. 1st grade Condition
Collect proceed from NURTW daily Deliver proceeds daily to TML
3. Complete Vehicle Papers
Credit Investor weekly Carry out drivers discipline
4. GPRS Tracking device Send monthly report to Investor Interface with security and traffic official
5. Comprehensive insurance Interface with Insurance(Motor) Carry our minor repairs
6. Major repair(optional) Communicate and monitor Major and Minor repairs Report to TML management
7. Maintenance Insurance(Optional) Implement Maintenance Insurance
8.

COST IMPLICATION
• Average standard bus(Tokunbo) N 700,000
• Configuration of seat and painting : N 250,000
• Vehicle registration: N 46,000
• Comprehensive Insurance N 42,000
• GPRS Tracking: N 70,000
• Overhauling(mechanical) N 50,000
• Accessories(Fire extinguisher
C-caution, Jack & wheel spanner N 8,000
• Total N 1,450,000

PROFITABILITY ANALYSIS
S/N STANDARD PREMIUM
1. Working days(6) Working days(5)
2. Investor manages major repairs TML manages major repair
3. Vehicle license renewal(annually) Vehicle license renewal(annually)
4. N 5,000,000 daily, N 120,000 monthly N 5,000,000 daily, N 100,000 monthly
5. Payback period - 1 year Payback period - 1 year 4 months
6. Projected vehicle life span -4 years Projected vehicle life span -5 years
7. Partially maintenance cost free 100% maintenance cost free.


NOTE,
Projection is still flexible, further discussions are expected to be carried out between the Investor and TML.
An MoU will be drawn to cover the transaction and such shall guide the execution of the operation throughout
the life span of the project.

For further inquaries or question, call 08037202394


Can you please clarify the highlighted (Number 4 of the Profitability Analysis)?
Education / Re: JAMB 2013 Cut-off For Universities 180 & Polytechnics 150 by lazinc(m): 6:04pm On Jun 18, 2013
Akpa ife: No be 2 go 2 school na 2 get work

Ode! Go school first, work will follow thereafter.

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by lazinc(m): 2:38am On Jun 17, 2013
The valuation table below is meant to inform investors on the performance of some Nigerian stocks as well as projections into their future based on current financial positions. It is meant to provide insight into companies that are most likely to record good return or otherwise on their investments in sectors like financial services, Consumer Goods, Industrial Goods, Oil & Gas, Agriculture and Conglomerates.

The research is based on key valuations such as EPS, Projected EPS, Fair value, growth potential etc and it covers every stock under review.

http://www.proshareng.com/news/20203



Disclaimer!! Please be guided, while some of these valuations may be right some are completely baseless, make sure you carry out your own analyses and stick to your strategy before buying any stock.

Thanks

1 Like

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by lazinc(m): 2:24am On Jun 17, 2013
http://www.proshareng.com/news/20204

Eighty (80) stocks remained static as they have not recorded any gains/loss till date. This figure represents a slight drop in the number of static stocks recorded in our previous reports as they stood at eighty-six (86) then.


Forty-eight (45) out of the 80 stocks, representing about 56.25% of the total number of stocks involved are currently trading at their nominal prices.

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by lazinc(m): 12:48am On Jun 13, 2013
9free:
Those pharmaceuticals are really performing wonders but my spreadsheet always says NO anytime I try to pick them up at the car park.
My spreadsheet dey vex anytime I try to compute their balance sheet and cashflow valuations

When you start finding excuses to buy a company shares even though they don't meet your criteria, you become a gambler, not an investor. As the legendary Buffett himself has said, "you are neither right nor wrong because the crowd disagrees with you. You are right because your data(spreadsheet) and reasoning are right"

In this case your spreadsheet doesn't give you the confidence you reasonably expect, I would advice you remain patiently at the car park for other opportunities .

3 Likes

Investment / Re: Nigerian Stock Exchange Market Pick Alerts by lazinc(m): 8:13pm On Jun 12, 2013
stockbull:

there're lot than what you've used. I made this alert when the stock have just started.

Hmmm! Oga stockbull can you expanciate further on the bold?
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by lazinc(m): 9:24pm On Jun 11, 2013
Toluway: Meritrade

Please help! I sent 6 orders to meristem as early as 7 am today and non of them was successfully executed, eventhough I would still have an excess of #100,000 in my account if the orders had been executed successfully. All the stocks are on flight. The organization did not give me any reason for this.

Is it true that the brokerage firm is among the best in Nigeria?


It may be that those shares were not available for purchase, I had similar issue with ARM too and that was what I was told when I made an inquiry why my mandate wasn't executed
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by lazinc(m): 9:01pm On Jun 11, 2013
fxisreal:

which one? insider info or financial info

All join cheesy
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by lazinc(m): 8:05pm On Jun 11, 2013
Born 2be Rich:
Oga 9free where you dey...one of our oga done show im face for here. cheesy

9free:
I dey behind the scene dey try decode who this big Oga be.......
Very soon we go know.

Michael11stock:
The oga na one big man for CSCS coy but him dey hide him logo Oga Elai47 i hail ooooo no forget me for here sha

Elai147:
Hahahah... I no dey cscs o...na me hail u pass my oga. I am loyal

***********************************************************************************************************************

Hahahahaha! Thank God dem don de show small small. Abeg make una carry una protegees along o, we de for side line de watch.
Business / Re: First Bank To Shut Operations For 5 Days by lazinc(m): 10:54am On Jun 05, 2013
Na wao! 5 days? That's too long na. Why not just weekend (Saturday & Sunday). I remember when JP Morgan (one of the biggest banks in the world) acquired Bear Stearns in 2008 , integration and upgrade took just two days (Saturday & Sunday).
I'm expecting some good cash tomorrow, now not even sure if i can get that money till like Wednesday next week.
Msctweeew
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by lazinc(m): 8:07pm On Jun 04, 2013
Elai147: Analyst view (FOR THE WEEK ENDED FRIDAY MAY 31, 2013)
The Market cross the N12tr mark this week N600b short of the highest point in reached in March 2008, thanks to Dangote Cement and NB, as both companies account for 38% of the total Market Capitalisation. Other stocks that have helped to leap the market capitalization up include Nestle Foods, Guinness and Wapco. Indeed the market still has more potential since only a few companies contribute to the current rise in the market indices.

Following the recent trend in the last three weeks, the market movement has been 2.49%, 1.2% and 1.19% up respectively. If this trend continues, it is likely the week ahead may end on a bearish note as short term profit takers effect may prevail. Investors are advised to watch out for a good exit price and an entry point on the other side of the week.

Stocks to watch for the week/month ahead:
1. Skye Bank
2.NASCON
3. UACN
4. UAC-PROP
5. OKOMU
6. FBNH
7. ETERNA
8. CAP PLC

The above stocks have fallen the most in the last two weeks, so we expect to see a rebound on them in the weeks ahead.


Disclaimer:
The information above was gotten from my stockbroker. Please due deligence is important.

Watching NASCON and Okomu Oil with the bulls eyes for a perfect entry. These coys have strong fundamentals. They're just retracing to below their fair/intrinsic values.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by lazinc(m): 11:36am On Jun 04, 2013
Born 2be Rich: Nigeria Stock Exchange:

1. Nigerian Stocks record modest gain, NSE ASI inches up by +0.07%

2. Chams pursues improved revenue base, expands to African countries

3. Mobil’s shareholders approve N5 dividend

4. Multiverse, Chinese firm sign mining deal.. angry

5. Nestle Predicts Lower Consumer Spending

6. Transcorp Extends N13bn Rights Issue




Source; www.proshareng.com






Transcorp is a no go area for me now, let's see what their right issue gat to offer.
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by lazinc(m): 12:22pm On May 30, 2013
stockbull:

every one is a brother.
Try to tolerate no matter what.he can still be useful.if investors were together rubbing minds together,tendoncy of investing success would increase.we need patience.

You're right bruv. We are all reading the nonsense he has been spiting lately about Okomu but as a designed investor you just smile and pass.
We need such in this section because it makes us to go back and dig further in terms of research to ascertain our investment decisions.
God bless you all and happy investing.

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