₦airaland Forum

WhizdomXX:
In one hand govt is supporting him, in another govt. is against him. Is this the true definition of no matter whose ox is gored?

Their so-called ''support'' for him is out of pressure from Nigerians.
Let to govt alone, they would import everything and not give him single liter of crude to refine.
They still want to import refined products because that's where they make money

Wotowotoman:
Ogbeni, abeg no lie. You don pass WAEC English? 🤔

Abeg, commot your face
Na idea we need.
You wan find out how the devil entered hell fire?

chimex38:
Imagine the audacity

He couldn't even call me on phone to ask my input before touching money from "our" collective pull of resources as a bona-fide shareholder

I have written a letter to convene an EGM to this effect!!!


lol...Make we dey cruise dey go

You people should allow Alhaji breathe ooo!
Remember, Alhaji can do the ''roforofo''fight too....like he did with NMDPRA chairman

faoogoke:
Dangote should understand that the company belongs to many of us now.
At which board meeting did we decide he take this decision?

Lol. How many of you?
Where is your share certificate or account number?
Just be careful ... Your application could be returned and money refunded in full if you talk too much

HORLADY:
Atiku's analysis indeed.
As if Atiku can analyse any data without hiring a professional.

That's what all leaders do. Hire the right professionals to get the job done well.

MODESTY2024:
So what's the determined value placed on each share

Though another contribution above stated clearly that individuals would not have their shares cancelled

You have to contact the company secretary or registrars to know the determined value of each share

MODESTY2024:
Thanks for shedding light. But how do they determine the quantity of shares to be cancelled that corresponds to the capital returned?

Each single share to be cancelled has a determined value already calculated or placed on it.
You get the quantity of shares when you divide the total amount of capital (money) to be returned by the value placed on each share

Pete002:
https://punchng.com/international-breweries-to-pay-investors-n84bn-capital-return/


is this going to be paid like divident?

Yes, but capital return would not have deduction of withholding tax and the shares will be cancelled after shareholders receives the money i.e. the capital sum of the share has been returned and the share is withdrawn or cancelled by the company

megawealth01:
Do you now have easy access to bank loans in NAIJA?

For where?
Still very high rates.

BullBearMkt:
With the way CBN making borrowing easy; stocks & money markets will ultimately benefit

CBN making borrowing "easy" at MPR of 23%?
What are the lending rates of banks?
The reduction is good, but borrowing would not be easy if banks do not reduce their rates.

Saturnalia:
The Yorubas have commensurate response to every words or actions spoken or taken by intruders who have always coveted our ancestral land since 1966.

In 2013, when Orji Uzor Kalu said Lagos was a No Man’s Land and that the Igbos developed Lagos.

Fashola sent his team to check the status of the payment of Land use charge of Kalu’s houses in Parkview and Lekki.

He was owing 15M Naira. Fashola’s men sealed both houses and gave him 2 weeks to pay or both houses would be demolished.

He shouted on T.V and took newspaper pages to complain and cry victimization. He went to court, he sent emissaries to Fashola. No respite.

A day to the deadline, bulldozers moved and parked in front of the sealed houses. Kalu rushed down from his East.

He then knew that Lagos was not a No Man’s Land after he paid.

II dont support the foolish people that say that Lagos is a no man's land

But no governor has the power to demolish a building because the owner has not paid land use e charge.
Them no born that governor well, including Fashola, to demolish a building because of land use charge.
It can never happen! Stop that lie.

Dangote Plans $10bn Investment To Tackle Power Crisis

https://www.nairaland.com/8752584/dangote-plans-10bn-investment-tackle

This man is trying his best. He will make his profits, but also create opportunities for people.

Anyone that is also interested in investing in the Power sector should start building their plant now.
Before we go dey hear ''monopoly'' .

franchasng:
Every Eke market day, Tinubu and his political Apostles will remember tribalism and will start to remind Yorubas that Lagos belongs to them as if any Nigerian have ever declared war to take over Lagos state and move it to another region, this is really shameful and what makes it more appalling is the fact that his people do fall for this unscrupulous political tactics of whipping up tribal sentiments as a way of rallying support for himself and political family to continue to hold on to Lagos state for their selfish gains, ire oh

Stick to the topic or keep mute.

I dont support Tinubu.

But the insult ''Lagos is a no man's land'' had been going on long before Tinubu became governor, not to talk of president.
Every town, village, city etc belong to some indigenous people.
We all should respect our host communities anywhere we are - North, South, East. That is how to live in peace and harmony

princepee:
Happy birthday King sunny Ade.
King of juju music.
Sunny and obey are my all time best Yoruba musician...
Orders are noise makers.

Which ''king''? Na just hype
Obey is ahead of him when it is purely about music; lyrics, composition, guitar works, arrangement, delivery, instrumentation, percussion,

But congrats to him, he is very good and dances very well

HacheNoire:
Israel has what capacity?

Tell the God of Israel-US to step aside and see if Iran won’t turn IS to dust?

What does Israel produce? Same Israel the IS just sent $2.8 billion worth of bombs too?

Nigeria will run over Israel if the US and all western nation steps aside. Stop hyping those beggars!

They are leaches on other nations!

Even the iron dome they were boasting about, if not for Trump that opened up, y’all still will be denying the US never built it for them.

Nuclear weapon tech was stolen from the USA.

What does the country have to wage a war on its own? Are they the Tesla, Microsoft, Toyota, Samsung, Honda or Nvidia?

That apartheid state called Israel is a parasite!

Truly someone is drunk or hallucinating

HacheNoire:
That won’t work! It’s just a bait to soil the US reputation in the eyes of international community.

The US cannot meet the terms of Iran and that guarantees more bombing!

With high energy prices and Trumps approval rating in the mud, Iran holds all the cards and just baiting the US.

Iran holds all the cards? Which cards, when Iranians are suffering and inflation is already 400%+ in Iran?

megawealth01:
Na me you dey wyne ba? Who buys crypto assets and go dey sleep abi snore bayi? 😂

Na strong people like you fit go into crypto.
It can really turn one into a billionaire within a short period. But I fear the downside.
But one may try it with one some specific, limited funds and withdraw the gains as you go.

megawealth01:
As you don assume say I be Charles ba? You know I won't reveal my identity in public space 😂 😂 😂 😂 😂


Back to your question

The fundamentals of a crypto asset include utility, adoption, revenue/fees, tokenomics, supply/unlocks, developer activity, security, competitive advantage and valuation.

For a 700,000–1.4 million bpd refinery IPO, the key fundamentals are capacity utilisation, crude supply, crude costs, refining margins, product yields, operating costs and market demand.

You also need to examine debt, capital expenditure, cash flow, export economics and the company's ability to consistently convert refinery operations into profit and free cash flow.

Most importantly, large capacity does not automatically mean large profits; sustainable margins and high utilisation are what matter.

For the IPO, the final question is: How much sustainable cash flow can the refinery generate and is the IPO valuation reasonable relative to those future earnings and cash flows?

Be in mind this is NAIJA oooooo where DANGOTE still get battles ahead with Government ooooo

Thanks. You do well.
If the refinery business goes bad and is liquidated, the company would have to realize its assets and distribute residual value to share holders after settling creditors

If the crypto crashes, what would investors get back? What are the assets realizable?

megawealth01:
As seen on the internet

If you understand Crypto, you will understand IPOs.... Just that The IPO market in Nigeria is OVER REGULATED hence it is stiffled. First of all, IPOs are just institutionalised Crypto. Its about hype before its about utility. How many people who are subscribed to the IPO care about the Refinery as they care about their money doubling? I showed you how media impacts price in Crypto. Someone talked down on Transhuman Coin and boom, the price went up. Negative comment targeted at me but it led to positive movements in the charts. You saw it. Why? Hype. As long as people are TALKING about it, traders will hear and trade the asset. That's why Dangote hyped the IPO - I was told that Billions of Naira were invested in only MEDIA. Remember that Dangote's multiBillion PR Deal with CNN hit the news first before the IPO.

But some of you look down on Crypto but value IPOs... I laugh 😃. Na the same thing. Just that one is regulated and the other is an open market.

For people like me, we know how to play in both markets - we build in both the centralised and decentralised markets.

© Charles Awuzie

Let's answer these questions:

What are the underlining fundamentals for a crypto stock?
What are the underlining fundamentals for a 700k to 1,4m barrels per day refinery IPO?

GeeKudi:
Japaul is doing something at 2.45.

Tell us what it's doing that you see

A man's heart is where his treasure is
An investor's eye is where his stock moves

newreality:
Good morning.
Please is investing in stock through zedcrest safe?

I wanted buy Dangote Refinery IPO through it.

Please, your knowledge would be appreciated

My advice is, if possible, visit your stockbroker / Issuing House and do the IPO online application in their office or call them so they could guide you and avoid issues or errors.
This is the first time an IPO is being done online and there could be challlenges or errors that could prove very costly at the end of the exercise.
And always make sure you print and keep a copy of your application form and means of payment

megawealth01:
Ope oooo

lol
You're on a looong thing

megawealth01:
What if OANDO delist bayi?

At it stands, Oando cannot delist for any price less than N75 (conservative estimate)
That could be problem to people who bought at higher prices,, but a plus to those who bought at much lower price.

masterfactor:
The 12 day war said otherwise. The United States of America had to beg for a ceasefire, before their proxy in the middle East(Israel) will be wipe off the map.

My friend, don't you people have shame at all? No conscience to say the truth even when it is obvious?

Within 12 days, Israel used female pilots to bomb and kill Ayatollah Ali Khamanei, IRGC commanders, military generals, Ali Larijani, nuclear scientists etc. Close to 1,000 top Iranian government officials, military generals and nuclear scientists killed by Israel, using some female pilots.
And you are here shamelessly saying what?

WhizdomXX:
Probably Herbert died too early.

Yeah

presiade:
It has remembered COVID-19 protocols.

But until recently, Zenith was paying higher dividends than GT, and it had a higher yield too.

GeeKudi:
When I said too big, I do not reference only land mass and population. The diversity in our population has proven more problematic than being resourceful. For instance, it is laudable to utilize public funds for religious propagation in some homogeneous communities whereas some others would rather spend on education. And then Abuja comes up with NECO and JAMB to level everybody up educationally regardless of the choices at the grassroots. You check the profiles of some professors in some parts of the country and you would see that such profiles would struggle to be ranked as senior lecturers in other universities in the same country.

I hear people say there is beauty in diversity but as far as Nigeria is concerned, our own diversity is a mess.

You are right to a large extent.
But I think another problem is that, at independence, we did not have a single, unifying national leader or founder of the nation s e.g. like Mandela, Sekou Toure, Julius Nyerere, Kenneth Kaunda, Kwame Nkrumah etc.
There was little or no nationalistic consciousness
So we got independence without a nationalistic direction, philosophy etc. And it is affecting us up to date.

presiade:
GTCO is about to maintain the usual social distancing with its younger brother ZENITHBANK. ZENITHBANK will also tag along when the moneybags start deploying, though.

HacheNoire:
Same delusional beings said same prior to South Africa’s freedom!

Even prior to our own independence, it always looked impossible.

History WILL always repeat itself!

Another delusional thinking!

So called Palestine is NOT like South Africa

The land of South Africa belongs to the blacks; the whites came to meet them on the land. All the kings that ruled on the land in their history are black South Africans. The history is there.

The land of Israel, including Judea and Samaria, Jerusalem, Hebron. Galilee etc. belongs to the Jews and Israelis.
The Arabs came to meet them on the land. All the kings that ruled on the land (e.g. David, Solomon, Hezekiah etc) are Jews. The history is there.

GeeKudi:
That is why I personally hold the opinion that Nigeria is too big to be adminstered centrally. Frankly speaking, It is too big to be a country. A lot of things are forced on people because we want everyone to go at the same pace. It's a deception that only serves for eternal suspicion, mistrust and retrogression. The irony is that we all realize this but afraid to face it.

The problem is the attitude and mindset of the people.

Just have a look of countries like India, Brazil, Indonesia etc. and you would see that Nigeria is actually a small country, relatively.
Even DR Congo is more than 2 times bigger than Nigeria in land area. But Nigeria has higher population.

Even if the country should divide, nothing would work in the new, smaller countries if we/they retain this same destructive attitude and mindset.

emmanuelewumi:
Did you know where we were coming from when it built those schools under 12 months?

That was at a time when we had shift system in Lagos public schools. A set of students will go to school in the morning and after set will go to school in the afternoon, because we did not have enough schools in Lagos.

What he did then was to provide a structure that could serve purpose of schooling, he also got teachers from Ghana, India and some other countries.

Did the students who attended Jakande school get good education? Yes.
Some of those students are now in their mid 50s and 60s.

If Jakande was in charge for 8 years, I am sure he would have upgraded the schools.

Average civil servants could afford to buy an apartment in his estates for between N4000 and N6000.

Unfortunately you will need a minimum of N60 million in order to buy an apartment in the estates built by our current leader.

His estates were affordable because he dealt directly with the manufacturers of building materials

Political opponents, (especially NPN) wanted to undermine and ridicule Awolowo and UPN's achievements in the educational sector in the West comprising Lagos, Oyo, Ogun, Ondo and Bendel states. Some of us attended those schools and sat in classes they described as ''pig barns'', ''poultry farms'' etc. Today, we are thankful to Awolowo, his UPN governors and can stand shoulder-to-shoulder with those who attended the so called ''best schools'' of that era and beyond.

Some had their education beginning from classes under the tree, but they went on to become great men and women in society.

GeneralOuki:
"The photographer also described an organised mechanism for intimidating journalists, run through a WhatsApp group which, he said, was managed by a senior Hamas media official at the Rafah crossing. Personal details and phone numbers of journalists were posted in the group, he said, so that online activists could launch coordinated attacks against them if they said or wrote anything that displeased the organisation."

The propaganda machine that Hamas deployed is arguably the best ever in history. Also, this also reveals that a lot of these activists are all working for a terrorist group, Greta and her flotilla nonsense can't spare a thought for Sudan which is experiencing a worse humanitarian crisis than Gaza.

The propaganda machine is not from Hamas.
The propaganda is the unified strategy, plan and agreement by all the haters and enemies of Israel, especially the Arab and Muslim world, supported by their politicians, media, civil society, their sympathizers etc funded with billons and billions of hard currency.
Somehow, they have succeeded in hoodwinking some gullible western leaders by painting the picture of ''victim'' because Israel is able to survive and respond forcefully.
If they had their way, they would have deleted Israel from the surface of the earth long ago.