emmanuelewumi:



That takes us to another question, what is your definition of being wealthy?

There is a biological ceiling on the number of people a person can know and relate with personally in a life time, It's ceiled at 150 persons(definition of a small village)

Never consider yourself wealthy if you don't transcend the norms, values and culture of the group that surrounds you to live the life you truely desire......Norms values and culture of our group are the prisons we all are locked in and need to free ourselves from




..................... Oo oops

Just ranting

Oga ichimoku pilot spotted


How is the cloud!!!!!!!

Lazyyouth4u:


Anyone that collects N80m as retirement money from Shell was not a senior staff member and wasn’t getting the perks you are talking about.

Wow junior staff collects 80m severance and after 5 years is looking for Menial jobs


Na him do himself sha

afroxyz:


Of course you shouldn't expect 24 hrs eletricity. But what i expect is that someone who got about N80m as pay-off not to go bankrupt under 2-5 years and be looking for contract job

For you to get an #80 million severance package, it must mean ur time input into company affairs must be very valuable so the company must have provided u a ride that is changed every 5 years, a comfortable living quarters, probably bursary for your kids education, to mention a few

If you happen to see only the perks company gives you and not your time input into company affairs, you might probably make the highlighted mistake

afroxyz:

The link is though you are an employee it is always good to have investing/entrepreneurship acumen. A good percentage of Shell workers could not maintain their living standard within 2-5 years after collecting pay off because they did not develop these skills when working. The priviledges they enjoyed while working did not allow them plan for life after work. Many took consultancy jobs to survive. Only very few opened service companies after they left.

When one lives this life of comparative scrutiny, you may never enjoy your current life, one good thing with working with big firms, you get to enjoy the laws of economics of scale as fringe benefits

Take for example, electricity, Shell must generate lots of mega watts to power their drilling equipment successfully, the remnant of their power generation activities might power 3 local government successfully in Rivers state.....

Now a typical shell staff would enjoy 24hrs light in his quarters and be able to use any type of home appliance


I want to believe it is out of place for employees of shell to start thinking of how they would enjoy 24hrs light to maintain the standard of living they previously enjoyed

ukay2:


Please where is the link to the debt payment at N9 per share.

Thanks

That's what they used the proceeds of the rights issue they did last year


Been sipping zobo and digesting audited reports for d past week

House, please what strategy would listed pet marketing companies play out going forward in view of the start of Dangote refinery.....

Mobil opted for delisting
Rak unity Pet is slowly winding down operations
Ardova is aggressively building filling stations
MRS............I don't know
Total...........,,,I seriously don't know

The quietness in this industry "MAKES ME FEEL" players are strategically positioning for the next big thing.......,... Though there is no anticipation from investors.....

I suspect silent mergers, acquisitions are going on

And when news hit the market, the keys to the doors will be firmly locked


Please do us good if u have info especially if u work around Tincan Apapa

wanaj0:
Eku market ooo

E ku ojo marun o

ojeysky:


Kai those in the bus already will wonder what you are saying.....I beg o. No give people high blood pressure

If u r already in d bus don't fret, Ambev paid #9 per share to rescue intbrew from bank debt,

It says a lot on the belief of Ambev.......

But I trust this market, it must dip before the good news that will take it to promise land

onegentleguy:
Quite a whole lot of past post to read from!
Was looking to see if those who heavily criticized UACN would be among the many. Particularly those that were projecting a 2-3 entry price back then… but they have all disappeared. What a world we live in!

Felicitation to all those who keyed in @ btw N4.5-4.6 (when we 1st called it out here) up to an AP of N6-7 (a period which saw the coy consolidate for quite some time) and were patient enough to reap their rewards.
For the mid to long term folks, UACN is a HOLD!
Raking off the peg from both the special div and UPDC REITS allotment (circa 55k + approx N1.27) the 65k actual div still carries a real return slightly higher than everything the fixed income space can offer. …more so, when UACN books is now even much more healthier.

For the short term folks, an added 15-37% premium from previous mkt close of N9.90 is feasible but with a 1-0.67 probability as u go up that premium (low to high)... so yes UACN can still rise from here!
That said, those journeying with the vehicle should do well to drop off @ ur desired destination in line with ur set out plan before embarking on it.

GSK is another that will very well reward the patient. With GSK, the clause “extremely under-priced” is the most fitting/perfect description. The just released YE 2020 financial print shows that even @ a price peg of N15, GSK will still have an MoS(RR in view) that can more than cover up for an above average risk premium.
As I stated here back then, those looking at the surface (EM effect, certain key profitability and growth indices) in the SoI will not see the HUGE VALUE therein. …unless u dig much much deeper into the coys CFS, then relate and where necessary benchmark against certain very pivotal lines in their BS.

Hear this; Even if an “emefielenical play” should increase yield at the fixed income space by over 2x and/or a fiscal play should push up surrounding risk (i.e inflation peg) by near the same margin, GSK will still be undervalued @ N15.
Elsewhere, certain KEY No trend in the coys CFS and BS is again telling me that something positive(the pursuit for ROI in view) might happen in the not so distant future… including but not limited to the possibility of a buyout @ a very juicy premium.

But we are done talking GSK. Time will help take good care of the rest!

Disclaimer: Before u act on this post, pls do well to read through my signature below. …and even then ensure u are fully guided by ur instinct.

Selah

Sir

Please shine ur light on international breweries

They just used the recently concluded rights issue to shave a hugh chunk off their debt

I was impressed by the fact that the majority holders still coughed out enough cash to offset debt and might have no plans of receiving dividend soonest

I have plans for it @ #2

emmanuelewumi:



A guy lost his job, he met his brother who has a Shareholders Association for advice.

His brother told him to use part of his severance package to register a Shareholders Association, use 300k to buy shares in over 200 companies on NSE and NASD. Boom he is in business.

Joblessness and corruption is responsible for the proliferation of shareholders association in Nigeria. We have over 1000 shareholders associations.

Depending on the company and pedigree of the leader of the shareholders association, some companies pay as high as 100k for praising the company at AGM.

But GTB is stingy, they don't like GTB.

Imagine having N1000 worth of shares in 300 companies, but you collect up to N10,000 as PR from the companies

I would probably register NSEMPA as the foremost active shareholder association in Nigeria and boom I too would start getting my cut

Matters arising:

Rak Unity and Pet, a company I have tried to acquire their shares for past 3 years is finally winding up operations in the next 24 months and seize to be a going concern

This coy div payout comes second to total


Any idea who they sold out their tank farms to.

ChybuzzDD:


If ever "laugh out loud" each time you hear about that, it's completely out of ignorance.
You don't need to be a miner to make money in cryptocurrency.
There are miners, and there are traders and investors.

You need to do some research on things you don't quite understand, and become knowledgeable.

Concerning the post above, which provided a premise for your expected condemnation, why would any sensible person buy from a telegram group when there lots of recognized exchanges??

Most info on bit coin just get way too technical before one gets to the 10th page,

I just want to obtain money(bit coin), keep it and spend it when I want, but this whole bit coin makes it look like I'm learning a new trade

Maybe that's y it appeals to I.T individuals

FlashDboy:
Whoever is planning to buy crypto from these telegram groups like escrow, don't do it.. They are scam.... They keep posting transactions buy this, receive that, sell this, they are al clique don't fall for it.
I am trying to buy some crypto from escrow, a friend added me to the group immediately the admin receive the money I paid he removed me from the group.

What they do is the buyer pays to admin, the seller credite your wallet and the admin will then credit the seller acct. They are all lies pls don't fall for it.

Many will not understand the importance of regulation till they loose their hard earned money.........

As bad as we all complain of cbn, sec fdic amcon, they serve to regulate the activities of players in their jurisdiction

I laugh out loud when I hear Nigerians say they are cashing out on crypto currency where none have bought dedicated asics designed to mine Bitcoin and co even at the pc level........


I believe crypto currency is the future of digital money but not in the way, it's being peddled by Nigerian marketers,

odimbannamdi:


Baba, you sef saw it abi? Just because the baba wants to make a whopping 300naira per dollar, he doesnt mind if millions of Nigerians experience untold hardship to achieve it.

Oga Emefiele, please continue to defend our naira biko...

God pass all of them.

Hope this doesn't degenerate to a political row

Ades1:



20m though, how many people for Naija get 20M?

Everything just get K leg for for that country

E go suprise u

There r a lot of people that can cough out 20 million.....

Don't get trapped by the narrative out there....... Take a good look around u, in Lagos for example, the rate at which storey buildings are going up makes u wonder if cement is truely 3800 per bag, right now u need a minimum of 30million to finish a storey building

Yet to see UBA alert o

Jamestown123:
To some extent sir. Cassava and sesame seeds are what I specialize on sir.

Can u produce cassava during the period of scarcity........

Can u handle it when ur cassava comes out during the period of glut

As far as u r not a rookie farmer, this should be ur major headache, so what r ur solutions to this

One reason many people can never be entrepreneurs is the TRANZACTION COST in dealing with customers

Reading an annual report or going through a company's account summarizes figures and not hurdles encountered in making those numbers true to meaning

Take sales for instance, many might not understand what it takes to make sales, the chasing of customers up and down, undercutting of competitors, giving extremely generous credit lines , @ times lies we generate to avoid taking back goods and services gone bad from customers ....... This usually is for the one man business


When you cap this transaction cost up, many people including me just prefer to collect a token as wages and allow Oga deal with the rigors of business

Jamestown123:
Good day ladies and gentlemen. Please is anyone here afraid of investing into agriculture? I think the best place to invest your money right now in Nigeria is agriculture. Due to food inflation going on Everytime now in Nigeria, I think it's safe to say agricultural investment is one of the best investment right now in Nigeria.
Now I have access to about 100 hectares of farm land in Benue state. It's in a safe community free from Fulani herdsmen issues and community crisis's.
So I'm hoping if anyone here is interested in investing into agriculture, can work with me in cultivating cassava and sesame seed in the land. You can fully fund the whole project if you want, all I have to do is make sure the land is available and also security is available. Workers and everything needed in the farm can be provided by me. My gain will just be 30% of the total profit made from the project. Please if interested you can asked me for more explanation and cost of starting everything thank you very much.

Do you really know the true nature of agriculture......

Willie2015:


Stingy bank
Dem and UBA dey the same stingy association.

Access try small


At least they are acquiring other entities


UBA keeps funding Tony's dreams

ahiboilandgas:
Tenate B bought EOD 7 years Ago while Tenate A was not having Car ....5 years on tenate A bought a small car while Tenate B bought another car of the house wife .....tenate A and B and their wives are all graduates from Nigerian university

Why judge

This line of reasoning comes from the assumption that There is a blue print for the ideal life

Lots of assumptions are rife in the analysis

DrAwo:

You are probably not looking hard enough...
The more stones you turn over, the higher the probability that you'll find a gem...
#Selah...

If UACN goes ahead with #1.2 ...... I now feel like that peterichy cargo plane meme swallowing goods


Thank God I never sold

yMcy56:
JULIUS BERGER:
Dividend: 0.40k
Qualification Date: May 28, 2021

http://www.nse.com.ng/Financial_NewsDocs/32741_JULIUS_BERGER_NIGERIA_PLC%20CORPORATE_ACTION_ANNOUNCEMEN.pdf

http://www.nse.com.ng/Financial_NewsDocs/32738_JULIUS_BERGER_NIGERIA_PLC%20_AUDITED_FINANCIAL_STATEMENT.pdf

What d Bleep is this



Selling off fasy

I need a bond that can pay me @ least 15% per annum for the next 9 years..........



Hopefully a bond thread will be opened, I read in a lot of annual report companies paying off bonds and the least coupon they pay is 13%.


That are never advertised

Tobex4realTobex234:
Fintech is disrupting everywhere and causing commotion everywhere. Traditional banks are losing their staffs, and now they are losing their customers so the aggression is understandable.

And young people will prefer Fintech because of their innovation. PayPal doesn't accept Nigerians till Flutterwave came. Nigerian freelancers have always being duped by traditional banks exchanging their USD for them at 380 before these apps came.

All Nigerian banks card have now set a limit of $100 on international purchase before Barter came.
These people are casing commotion everywhere, offering real value and I love to see it.

Even in Europe, Revolut, Monzo, N26 and Starling bank are causing these kind of commotion

Please kindly shed more light


Maybe open a thread on Fintechs


I once listened to GT Agbaje keep ranting on how Fintechs are giving them tough competition

But they have not sold the idea to old monies

obaze21:
So apart from treasury bonds and like, what other safe investment are there? Pls help

Savings account

Risk and investment go hand in hand

Why should one invest in something other than banks on the nse

Anytime I look away from banks my heart bleeds.....

Without banks, investing in the nse is utter waste as the minimum to recoup ones investment is a minimum of 20 years

OgogoroFreak:
No system is 100% secure. Even bank accounts can be compromised. If you allow your email to be hacked then alot of damages can be done with most systems.

And someone here is looking for who will help him with bank statement

Chai

There is God o

emmanuelewumi:
We all want convenience, but we should also consider the safety of our funds and Investments.


If more than 50% of your networth are in digital forms and can be easily converted to cash in seconds, we need to be security conscious.

This is one reason I love beaureaucratic paperwork,most times it frustrates owners with genuine intent, but most times ends up being tha bane of scammers......

Biafran4life:
I think what you mentioned are the imported version.The 195 diseal generator to power it should be about 500k.The local fabricated should not cost more than 500k presently based on what the price was then I stayed in KD. Then it was less than 200k from a good welder with good finising double mould for 6 inches and single mould for 9 inches.The Yoruba guys could do wonderful finishing.Look for contact in the north axis if you consider block business for local machine.I believe with 1.5M you can start on low key plus space to use for it.And you can compliment the 5 and 4 inches with manual mould.Wishing you success

My dear u r overflogging the horse,

With just 1million, move out of the city and enter the interiors, there are lots of developing areas, lease or rent land for a year........ Not more than 1k for half a plot......with proper introduction and sincere intent, a lot of people will willfully lease u their land as the land will be put to use and not overgrown with weeds and trees

There is no way a 9-5 person like me will advise u on block molding, Na u b consultant, even when u don't know, u are better disposed at who to ask, u must have met with countless site engineers, plumbers, electricians, building contractors and must have visited many block molding industries

Please wear ur hard hart be proud and get ready to answer our questions, ur experience would be highly valued on this thread as many of us have sites we are developing

Zobah:
Good evening all!

I am writing this with heavy hearts and tears in my eyes I will be 28 years old this year ending.

it's been a long time coming from 8 years of SERIOUS hustling (carrying blocks at building site). But by God's grace I have been able to save =N=2m without stealing or killing to make money.

I need advice on what type of INVESTMENT I should invest the money into.

NB: The underlisted are out of my scope
a. CryptoCurrency
b. Gambling/Betting of all sort
c. Network Marketing/ Referral business program
d. Agritech & affiliatiate marketing

Thank you for you anticipated responses.

Suffering will forever be a mindset.....That u carried block for 8 years and can boast of 2million in your account speaks a lot about you

My dear you don't need advice again, u r a MAN

What u must change is the mindset that a block carrier is a failure......

That a Block carrier located this thread speaks Volume

Dear mute the noise of the crowd and enjoy the works of ur hands


Selah