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Miyachi's Posts

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Autos / Re: Innoson Should Look Into Partnership With Toyota To Bring Back The Corolla by Miyachi: 10:34am On May 23, 2022
GENES11S:



You are missing the point, the name Corolla is synonymous to Toyota. It is what got them where they are now.

They have never and will never share that name with another auto brand. They can build the parts for other auto brand but it cannot be named Corolla (or anything similar). This people take brand superiority very serious oo.

Have you wonder why Ford sue Toyota for trying to name the Tundra truck similar to their F1 series?

Brand is everything to them, they can sell innoson the parts but it can never be called a Corolla. They don't do business that way.

Innoson would have to come up with a product line of their own but they will get (buy) the parts from Toyota.

I understand the point you're making, but it seems you've not understood what OP is asking.
Read through my post, I never claimed that they've ever sold their trademark or brand to any company. They've sold their technology as rebadged cars and even their engines to other automakers, that is essentially what OP is asking. It is possible but the question is will it be economically feasible?

2 Likes

Autos / Re: Innoson Should Look Into Partnership With Toyota To Bring Back The Corolla by Miyachi: 11:51pm On May 22, 2022
GENES11S:





Toyota doesn't do business that way. They will rather open a Toyota plant in Nigeria for such production than combine with other car brand in that way.

The best thing Innoson can do is to sign a deal with Toyota so that they (Toyota) will be producing engine for some of inoson vehicles. Mazda did the same thing with some of their product line.

Actually, they do.

GM sold rebadged Corollas under their Geo brand from the late 90's to early 2000s. The Pontiac Vibe is another rebadged Corolla. Toyota is also collaborating with Mazda (I think, the Mazda 2. Toyota sells it as the Yaris ia). They've collaborated with BMW and have their engine in the Supra, the list goes on.

If it is a good enough deal, they'll take it. But I don't think it's going to make any financial sense to them, the market for new cars is Nigeria is a niche one. It's going to be difficult to make it affordable and still make a profit.

5 Likes

Celebrities / Re: Cubana Chief Priest Buys 2022 Toyota Land Cruiser Worth N110 Million by Miyachi: 12:49pm On May 14, 2022
COMPAQ:


Looking at the body panel behind the rear quarter window, it is the 2022 edition so the writer just didn't get his facts on the V8 right.

Unlike front and rear bumpers that can be facelifted, the main body panels can't be updated once a new model comes out that changes window cutouts etc.

I thought so too. But I wouldn't put anything past Nigeria auto traders once the financial incentive is high enough because I've seen wonderful things. I've also seen on some forums, people doing the conversion on older models because of the scarcity of the LC300.
Celebrities / Re: Cubana Chief Priest Buys 2022 Toyota Land Cruiser Worth N110 Million by Miyachi: 12:47pm On May 14, 2022
COMPAQ:


Looking at the body panel behind the rear quarter window, it is the 2022 edition so the writer just didn't get his facts on the V8 right.

Unlike front and rear bumpers that can be facelifted, the main body panels can't be updated once a new model comes out that changes window cutouts etc.

I thought so too. But I wouldn't put anything past Nigeria auto traders once the financial incentive is high enough because I've seen wonderful things.
Celebrities / Re: Cubana Chief Priest Buys 2022 Toyota Land Cruiser Worth N110 Million by Miyachi: 12:44pm On May 14, 2022
SeaTrade:
Land cruiser wait list? undecided
You no know wetin you dey talk. grin grin
Yes, wait list. Or rather, you don't know what you're talking about.
Celebrities / Re: Cubana Chief Priest Buys 2022 Toyota Land Cruiser Worth N110 Million by Miyachi: 10:42am On May 14, 2022
gonkin:
The Last of the landcruiser lineup. Its so expensive and unaffordable that toyota decided to stop producing landcruiser. Cuz people don't take it off road anymore. Well im glad I own one of the most durable of the landcruiser lineup ever manufactured.
Not entirely true, they've only discontinued the Land Cruiser in the US because of low sales and fierce competition. It was a business decision since the sales from their other models were cannibalizing the market for the Land Cruiser.
In the US, you can get the Lexus 570 or 600 which is more expensive than the LC, so it's not about the price.

Elsewhere, you can still get the Land Cruiser.
Celebrities / Re: Cubana Chief Priest Buys 2022 Toyota Land Cruiser Worth N110 Million by Miyachi: 10:29am On May 14, 2022
Carmartng:
Celebrity Bar Man, Pascal Chibuike Okechukwu popularly known as Cubana Chief Priest and Imo-born show promoter, businessman, who is the Owner of Club Xhrine in Owerri has silently gifted himself a 2022 Toyota land cruiser in 2022.


https://www.youtube.com/watch?v=X6TWlZrLvKk

Carmart now understands Cubana Chief Priest has taken Toyota land cruiser as his favourite ride, recall on March 16, 2022, we reported that Mr Pascal also bought 2021 Toyota Land Cruiser.

About 2022 Toyota Land Cruiser
The 2022 Toyota Land Cruiser is expected to be equipped with a 5.7-litre V8 engine that would produce equal to or less than 381 horsepower and 401 pound-feet of torque. An eight-speed automatic transmission and four-wheel drive are expected to be standard. This big V8 engine should have no problem hustling the Land Cruiser around town and up to highway speeds.

The 2022 Toyota Land Cruiser is an SUV in Nigeria and it’s already available for purchase in most Nigerian showrooms. Toyota Land Cruiser is powered by a 5.7-litre V8 Gas engine that is good for 381 horsepower and 401 pound-feet of torque with a Four-wheel drive 8-speed automatic transmission. The expected launch date for this model is November 2021 and the Expected price is between N84 million to N110 million.

https://www.carmart.ng/public/blog/cubana-chief-priest-buys-2022-toyota-land-cruiser-worth-n110-million/

There is no v8 in the 2022 Land Cruiser. If it has a v8 in it, it probably is a face-lifted older version.
Plus these cars are currently scarce and have a long wait-list even in other countries.

25 Likes 2 Shares

Career / Re: I Have Great Respect For People With These Professions. by Miyachi: 1:00pm On May 06, 2022
emetisuccess:


Are u a developer
Project where I dey handle now, I don chop money finish but I never near 60% completion. Hmmm
grin cheesy
Technology Market / Re: All Offerup, Letgo, Craigslist, 5miles, Ebay, Amazon Deals.*READ FIRST PAGE* by Miyachi: 9:43pm On May 05, 2022
Anyone selling Lenovo Type-C chargers, or any OEM brand, 65w preferably?
Technology Market / Re: All Offerup, Letgo, Craigslist, 5miles, Ebay, Amazon Deals.*READ FIRST PAGE* by Miyachi: 10:32am On Apr 29, 2022
iPhone 11 64gb
Unlocked
98% Battery Health
Phone & box
₦220,000

Lenovo T480s
Core i7-8650u
8gb ddr4
500gb SSD
₦200,000

PlayStation 5 DualSense Controller
White
₦35,000

Call/Whatsapp 0802 919 2708

Celebrities / Re: Yul Edochie And His Second Wife, Judy Austin (Photos) by Miyachi: 6:10pm On Apr 28, 2022
phemmyfour:
Prov 5:18-19

So be happy with your wife and find your joy with the woman you married -
19 pretty and graceful as a deer. Let her charms keep you happy; let her surround you with her love
"Be happy with your wife...", meaning it's a choice you have to make. It comes from within, it is not external.

NLT says:
Let your wife be a fountain of blessing for you. Rejoice in the wife of your youth. She is a loving deer, a graceful doe. Let her breasts satisfy you always. May you always be captivated by her love.
Proverbs 5:18‭-‬19 NLT

You can chose to be happy, content and satisfied with your "wife" or go about philandering. You can only blame yourself.
Celebrities / Re: Yul Edochie And His Second Wife, Judy Austin (Photos) by Miyachi: 1:25pm On Apr 28, 2022
phemmyfour:
He that finds a wife....
Well it says "a good thing". I don't think that was what it meant there.

I personally don't think a spouse is the secret to happiness, it can't be sustainable. That's a high pedestal to put anyone on.
If you can't be happy with one, what makes you think the magic number is two.
Celebrities / Re: Yul Edochie And His Second Wife, Judy Austin (Photos) by Miyachi: 9:03am On Apr 28, 2022
phemmyfour:
He deserves his happiness. Let him be.

In this life.....We LL always have these categories of men.

Some will not marry

Some will marry and break up

Some will marry just one

While some will marry more than one

He's chosen to be in no 4, let's live with it
grin cheesy cheesy
You find "happiness" by marrying many women? That's a new one.

1 Like

Technology Market / Re: All Offerup, Letgo, Craigslist, 5miles, Ebay, Amazon Deals.*READ FIRST PAGE* by Miyachi: 6:14pm On Apr 25, 2022
T480s
Core i7-8650u
8gb ddr4 memory
500gb ssd
200k

1 Like

Politics / Re: Lagos Traders Protest ₦600 Million Loss To Ponzi Scheme Matthew Agbaje by Miyachi: 9:03am On Apr 25, 2022
grin grin

This never gets old, people never learn.
If someone can make such wonderful returns, why do you think he needs your money?

2 Likes

Politics / Re: You Talk Too Much: I Was Referring To Security Agents, not El-Rufai -NSA Monguno by Miyachi: 8:03pm On Apr 22, 2022
angry cheesy
Technology Market / Re: All Offerup, Letgo, Craigslist, 5miles, Ebay, Amazon Deals.*READ FIRST PAGE* by Miyachi: 9:17am On Apr 20, 2022
New Playstation 5 DualSense Controller
White
₦35k

Call/Whatstapp 0802 919 2708

Celebrities / Re: Full Video Of Rita Dominic Traditional Wedding Yesterday by Miyachi: 8:05am On Apr 20, 2022
Wait, is that her dad?
Politics / Re: Electoral Act: Buhari Won’t Force Amaechi, Ngige, Others To Resign by Miyachi: 6:51am On Apr 17, 2022
How is the bill controversial?

Should the cabinet members be worried about their jobs or managing their campaign.
Should they be paid with taxpayer's money while they campaign and neglect their duties?

36 Likes 1 Share

Islam for Muslims / Re: Can One Have Intercourse During Ramadan? by Miyachi: 11:52am On Apr 15, 2022
If you don't want to make Aljana
Celebrities / Re: Court Awards N25m In Favour Ajibola Ajayi Against Linda Ikeji by Miyachi: 9:47am On Apr 15, 2022
DoctorOlasDesk:



Like i tell people, I won't choose how i react when i'm provoked, the aggressor should choose their actions wisely. When provoke, it is unwise to tell a victim how to react

Oga, you will end up in jail very Okay. Use that in court and see how it holds up.

3 Likes

Celebrities / Re: Court Awards N25m In Favour Ajibola Ajayi Against Linda Ikeji by Miyachi: 9:44am On Apr 15, 2022
DoctorOlasDesk:
Good. Then was Chris Rock's nasty comments against Will Smith not worthy of same treatment being in the same category? Any information used maliciously is tantamount of ridiculing the victim, hence an offense. So, why is the academy awards banning will smith for ten years and letting Chris Rock, the one who incited everything walk away freely like he's the victim. This world ehn
Good luck winning the case.
Technology Market / Re: All Offerup, Letgo, Craigslist, 5miles, Ebay, Amazon Deals.*READ FIRST PAGE* by Miyachi: 1:00pm On Apr 14, 2022
iPhone 13 Pro Max
Factory Unlocked
Silver
Brand New & Sealed
600k
SOLD
Escrowed by Wese90
Nairaland / General / Re: How Can I Stop Being Soft Hearted As A Guy by Miyachi: 12:44pm On Apr 14, 2022
Solofresh2:
Yes,I find it out hard to no because of the fear of being criticized
You say "yes" not for fear of being criticised, but because you fear offending the other person.

You place a lot of importance on your public image, you want to please everyone so that they think you are a good person. This will not get you anywhere but would rather enslave you to your fellow man.

Do not live by the opinions of others. Man is fickle; you can sacrifice all for someone and they'll forget the good you've done tomorrow.

9 Likes 1 Share

Phones / Re: Elon Musk Offers To Buy Twitter For $43 Bn by Miyachi: 12:12pm On Apr 14, 2022
dfrost:


The guy no get time for 2,000 words per sheet. Simple and straight to the point. No time.

Deal or no deal? Twitter board over to you. cheesy

Word. I was surprised the letter was short and succinct.
This is so Elon. I thought it would be a multiple page letter, but alas he's got no time for bs.

1 Like

Phones / Re: Elon Musk Offers To Buy Twitter For $43 Bn by Miyachi: 12:02pm On Apr 14, 2022
AyinlaGbajumo:
How rich is this guy, damn

$43b won't cut it tho

Twitter will be worth more than that in 3 years
Could be worth more or less, no one really knows. With current realities, that amount is an overvaluation.

2 Likes

Phones / Re: Elon Musk Offers To Buy Twitter For $43 Bn by Miyachi: 12:00pm On Apr 14, 2022
Offer and threat in the same letter. grin

7 Likes

Business / Re: Rebuttal- Lies About Flutterwave By David Hundeyin. by Miyachi: 9:56am On Apr 13, 2022
I'm not sure this totally qualifies as a rebuttal.

There is a case before the Industrial Court concerning the company defrauding a former employee of their stock options. Then their is the allegations of insider trading; buying back stock options below their fair market price (forcefully, if I may add). The accusations of sexual impropriety is not even addressed.
Business / Re: Rebuttal- Lies About Flutterwave By David Hundeyin. by Miyachi: 9:38am On Apr 13, 2022
What does God have to do with any of the allegations?
Business / Re: Fraud, Perjury, & Insider Trading At Flutterwave - David Hundeyin by Miyachi: 7:04am On Apr 13, 2022
playboy19:


Well, perhaps he has some more damning information than this, but until he post them, this right here is hogwash. I personally have not seen any insider trading for now. And if you guys are referring to the buy-back activities with the stock options, then it's nonsense because most stock options comes with a first-right-of-refusal clause.

It is insider trading.

https://www.lexology.com/library/detail.aspx?g=e24dc4ab-2a77-43d9-8a78-9ea46eca1aca#:~:text=The%20insider%20trading%20laws%20apply,private%20companies%20and%20employee%20shareholders

TL;DR

1. The insider trading laws apply to private companies as well as to public companies, and to transactions with employees and employee stock plans as well as with third-party shareholders.
Moreover, this case emphasizes that the SEC will prosecute cases involving private companies and employee shareholders.

2. The SEC believes that valuations used as a basis for buying shares from employees should be current as of the date of purchase when companies tell their shareholders that purchases will be made at current “fair market value.”

3. Family-owned companies should beware of behavior that could suggest that the family is using its control position to increase its ownership percentage at the expense of employees and other shareholders.
Business / Re: Fraud, Perjury, & Insider Trading At Flutterwave - David Hundeyin by Miyachi: 11:44pm On Apr 12, 2022
playboy19:
I read the whole thing all I see here is office romance gone wrong and personal vendetta.

So this David boy wants to destroy a $3B company because of a CEO who couldn't keep its third leg in check? The dunce was even expecting investors to kill the company because "the money invested is insignificant compared to their pool". Is that guy insane?
You clearly don't get the big picture. This might be something potentially akin to the Wework scandal.

There's insider trading and clearly it seems Flutterwave is worth much less than its valuation (but hey, which tech unicorn isn't?). We can't see their financials so we can't know for sure. There's just something ominous about the story, it seem like he hasn't even scratched the surface.

8 Likes

Business / Re: Fraud, Perjury, & Insider Trading At Flutterwave - David Hundeyin by Miyachi: 11:30pm On Apr 12, 2022
ivolt:

Don't be deceived, he didn't investigate anything, an insider exposed the company's inner working
and information.
From all indications, it seems that he did investigate. The recordings and sources corroborate the report.
Clearly the story wasn't libelous.

2 Likes

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