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Mikeapollo's Posts

Nairaland Forum › Mikeapollo's Profile › Mikeapollo's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 4:35pm On Oct 19
Streetinvestor2:
Why u dey laugh. What else can he present besides the flip flop policies he has shown in the past 3 yrs.The likes of wike , umehi and apc governors knows he will be incapacitated so it will just be another 4 yrs of corruption and looting. Are you ready for another 4 yrs of life to be be wasted with not well thought economic policies
'',,,,na blood go dey everywhere you go including NGX..''

This is what made me laugh grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:52pm On Oct 19
SonofElElyonRet:
Zichis excluded. You should still be in the green
So, you dey for ''one corner'' dey yab our ''Uncle'', abi? grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:50pm On Oct 19
Streetinvestor2:
That will only happen if Atiku or obi wins
if baron rigs himself in na Blood go dey everywhere you go including ngx
grin grin
Crime › Re: Missing Nigerian Tiktoker Sarah Lizzy Found Dead (video) by mikeapollo: 3:43pm On Oct 19
Prestar:
Missing Nigerian TikToker Sarah Lizzy Reportedly Found Dead Days After Meeting a Man She Met Online



Small girls looking for soft, fast life!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:48pm On Oct 19
megawealth01:
WOW. Congratulations I'm advance
grin grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:30pm On Oct 19
megawealth01:
ACCESS and OANDO dey stain WHITE ooooo
Which kind ''stain white'' gain? grin
Why not wear khaki ''black'' or ''dark blue'colours
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:28pm On Oct 19
megawealth01:
How many will WAIT as GENZ don't really have the PATIENCE culture na?
The first attraction will be when Alhaji declares/pays dividends in dollars by Apr-Jun 2027.
He may declare like N35-N40 ($0.025 or $0.03 at N1,333) per share by my rough speculation
(I may be damn wrong oooo, just speculating) grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:05pm On Oct 19
megawealth01:
No worry wetin go run people go village still dey at hawking stage... Na Genz I dey pity... People will be REFINED grin

Soon people will understand that the rich no send poor man. Una wan follow rich people drag ba? 😂
My guy, Alhaji go shock una!
With such influence, mettle, pedigree and wealth, you think he would set up such huge investment and allow it to dwindle in value?
Would you allow such if it were you? Every damn billionaire wants higher value for their investments.
It may be slow, but the price will jump after 2-3 years, especially after expansion to 1.4m barrels
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:00pm On Oct 19
Agbalowomeri:
When last did you see BARGAIN HUNTERS TAKE NOTE? grin
Hunter hunted? grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:56pm On Oct 19
Agbalowomeri:
ZICHIS and AVACAP don send am go village grin
I knew this could only come from Agba!
Na only people wey run go village you dey see and know for NGX! grin
No wonder you want Oando to send me go village too!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:52pm On Oct 19
Agbalowomeri:
Lol wetin I wan use Viagra for?

My papa still nack enter 80 without enhancement
Original Omo Oko! Daddy's boy!
But who told you there was no ''enhancement''?
Abi you think say every thing must be chemical like Viagra?
Baba must have been using some natural remedies that you did not know was doing the magic!

Hope you were not standing by the window listening to some sounds...........bad boy! grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:28pm On Oct 19
Wotowotoman:
Ogbeni, go back and read my posts very carefully. And then show me where I said businesses can’t or don’t take loans. You go just open mouth waaa dey talk wetin pass your power.

It’s one thing to take out loans. It’s another thing to be able to pay back comfortably. And another altogether for lenders to want to throw money at you when they are not convinced the project will have the cash flows to pay back. Go and do a little bit of research on how the refinery was financed and all the issues that lenders on that transaction went through.

You dey there dey talk equity. How will a company that is not making enough to pay down huge loans even have profits or excess cash from its retained earnings in the first place? Which kind misyearning be that? huh

Again, if you no sabi topic that is being discussed, better to sit out and learn from those that have first hand information.
So Dangote Refinery cannot make enough profits to pay down its loans or what?
Do you know the terms of the loans? Are you the one that arranged the loans for them before grandstanding? What kind of empty, nauseating effusion is this?
If you did not know that paying back loans from profits is like using equity (retained earnings) before I told you so, then eat humble pie and sit somewhere, or continue to exhibit and enjoy your ignorant arrogance.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:52pm On Oct 19
megawealth01:
What's happening to FRANCE?
Some say it is as a result of loose immigration policy and that the UK would follow soon.
Fortunately, I have not seen many blacks or Africans amongst the protesters.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:44pm On Oct 19
megawealth01:
No billionaire maintains sufficient liquid capital to fund a multi-billion-dollar project entirely upfront without affecting their liquidity position. Even the wealthiest individuals typically rely on structured financing, strategic investments, asset liquidation, or phased funding to execute projects of such magnitude...
Thank you my bro.
Some people just come here to talk arrogantly anyhow.
They don't even understand that big businessmen use credit (loans) to build their businesses and fortunes. The money bags are the biggest customers for loans. They use other peoples' money to build their enterprise, and then pay back the loans from the gains they make.
I read a few days ago, how Tony Elumelu took loans to buy his stake in Seplat. He has since made some huge gain on the investment, and can afford to pay back the loan with proceeds from the investments e.g. annual dividends or sell off some of his shares etc.
In the end, he keeps his own money (cash) and still benefits from the use of other peoples' resources (loan)
Foreign Affairs › Re: ECOWAS, Sahel Bloc Return To Negotiation Table Nine Months After by mikeapollo: 12:27pm On Oct 19
That is the effort of the Ghanaian President, John Mahama.
Somebody became Nigeria president and destroyed almost everything everywhere
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 12:14pm On Oct 19
Wotowotoman:
And Dangote had excess cash but decided to be begging retail investors to come and invest? Ogbeni, if you no sabi, learn to sit out discussions wey pass your power abeg.
Really? So you are the ''know-it-all'', right?
Arrogance in ignorance
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:46am On Oct 19
Wotowotoman:
Who said anything about idle funds? If you know what lenders in the refinery in Naija went through, your question should be which international lenders apart from the African DFIs go dey ready to drop the billions in long term loans like they did for the Naija refinery?

Of course loans are needed, but he will be more careful with amount of loans this time around.

By the way, you think say e easy to get investors to give you equity to pay down loans? If the business was churning out the cash flows wey you project, why you wan dilute your ownership to bring in outsiders?

From what you have written, I doubt that you know how business works in the real world. What the hell do you mean by using equity funds to repay the loans gradually? huh
Loans can be repaid from profits from operations. The profits (retained earnings) are part of equity.
Where and how did you misplace your notes/textbooks, Mr Prof.?
So yes, loans can be repaid gradually from equity. What may differ is the size of the loan and the repayment timelines.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:05am On Oct 19
Wotowotoman:
On paper or reality? 🤔

In any case, he’s not ‘building’. He plans to. And if it goes on as planned, it will surely have something to do with some sort of synergies with the one in Naija. A case of trying to make the best of the situation he finds himself in.

He certainly will not make the mistake of taking on huge loans for that project as he did with the one in Naija. This is why the key to its success will be investments from the East African governments.

By the way, think am well. How person go enter place wey no get crude oil and developed crude oil pipelines to build that kind massive project? I know he has his reasons but this is a very valid question.
Such huge projects will always involve loans.
He cannot possibly keep such huge funds idle in his vaults and be waiting for projects to come on stream.
So he would most likely get the huge loans to provide immediate funding for the project, and then use equity funds to repay the loans gradually. It is cheaper and safer for him to do so.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:55am On Oct 19
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:40am On Oct 19
ayobama1:
How many homes have been demolished?
Homelessness is not only caused by demolishing!
It can also be caused by inability to pay for exorbitant house rents, so the person is evicted and starts squatting.
Landlords are using the high costs of building materials e.g. Cement to increase house rent like mad. House rents that used to be around N700k have been increased to N2m-N3m
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:19am On Oct 19
pluto09:
And some who couldn't build house when cement price was N1,700 per bag are now building houses with cement price at N15, 000 per bag......
Yes, and many more people are becoming homeless too.
That is partly why Nigeria today has the highest number of poor people in the world; the poverty capital of the world
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:17am On Oct 19
Agbalowomeri:
When your Oando reach 1000 remember me in your kingdom
Oando at N1,000 ke? grin
We don't have such ''long-throat'' target.
Any 3-digit figure is okay. Some of us dont even expect it to click N100 too soon
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:15am On Oct 19
ayobama1:
How much was a bag of cement before 2013 because Nigeria didn't start in 2013

Anyone that lives long enough will buy 1 bag at N1,000,000.00
A bag of Cement in 2007 was about N1,200-N1,500. Let's even say N1,300
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:02am On Oct 19
Bags of Cement That N1,000,000 Could Buy:

2013: 588 bags (N1,700 per bag)
2022: 285 bags (N3,500 per bag)
2026: 67 bags (N15,000 per bag)
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:54am On Oct 19
Agbalowomeri:
Your advice came just in time! grin
E be like say, somebody dey always look for me! I need to be careful now.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:28am On Oct 19
Agbalowomeri:
You see why I said that you are never objective? grin

Street has done this over and over and over but I don't think you ever commented but just one mention of Obi, you dey give advise grin grin grin
What have I done?
I just gave an advice. I did not mean to take sides.
My advice is to everybody that has been tribalizing issues, whether Street or someone else.
May be you want me to quote Street's post to be happy
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:26am On Oct 19
SonofElElyonRet:
Bigger picture. Only Atiku Obi combination can unseat Tinubu. Kwakwanso is a light weight in the north when compared to Atiku. Even in Kano his stronghold, APC has made inroads. The governor he put there has defected to APC.
Are you also aware that Kwakwanso was one of the first governors to introduce Sharia criminal law? I believe USA flagged him as an extremist sometime ago (I stand to be corrected)
Yes, An Atiku-Obi ticket would be 100% sure to defeat Tinubu!
Why Obi left ADC I don't understand, but that is another story. Some people said he is ''working'' for Tinubu huh huh
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:22am On Oct 19
GeeKudi:
Nobody is talking about Tinubu’s invincibility and you’re not answering my question. Who among these jesters look like replacing Tinubu? When you talk about death, are you guaranteed tomorrow? Or who says you cannot die before Tinubu? The question I asked you is who among these people is in the business of replacing him?
Any of the people you call ''jesters'' can replace Tinubu because Tinubu himself is ''jester number 1''.
I can see anything that makes him better than the people you describe as ''jesters''
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:18am On Oct 19
vacanci:
Your tribesman Obi will make it worse.

That man is supposed to be a Reverend Father. He missed his calling
Let's avoid tribalizing every discussion on politics
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 5:08pm On Oct 18
No
GeneralDae:
I am using the overall market cap. Let’s keep it simple. At the end of 2013, the market cap was 13.23 trillion naira ($82.69 Billion) at an exchange rate of 160/$. In October 2026, it is at 160.83 trillion naira ($120.70 Billion) at an exchange rate of 1332.50/$. If you account for dollar inflation on the market cap between the periods, 2026 still beats 2013 but not 2007 yet.
So what is your point? So many companies have listed in the NGX after 2013.
Was it Tinubu or this govt that established the companies?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:21pm On Oct 18
GeeKudi:
The question is who among them is actually in the business of replacing Tinubu? Is it the content creator Bangladeshi man whose own party structure is daily working against and himself keeps flip flopping on the most basic policy issue? Or kachalla?
Is Tinubu now Jesus Christ or a holy prophet that cannot be replaced? So what about if he should die?
Anyone of them can become president. It is for the people to decide
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 8:14pm On Oct 17
GeneralDae:
What of market cap? Even using all of these you mentioned above, this stock market is currently at its second highest level ever (only behind the 2007/2008 season in some indices)
How many companies listed on the stock exchange can be said to have been established as a result of any special or unique policy of this govt? None. Absolutely none!
Companies like MTN, Airtel, Dangote, Aradel etc all added to the stock induces but none came to exist because of govt. So this issue of giving credits to the govt should not be exaggerated..

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