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Did Obi Lie About The Value Of His Investment In International Brewery? - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Did Obi Lie About The Value Of His Investment In International Brewery? (462 Views)

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Did Obi Lie About The Value Of His Investment In International Brewery? by PHIPEX(m): 6:13pm On Jun 24, 2022
In response to this https://www.nairaland.com/7194893/never-said-investment-sabmiller-now


I believe things should be put in context when they are reported in the news. The interview being referenced was in 2018/2019. Everyone with knowledge of how investments are valued knows the value of a company or business is not always constant.

At the time the interview was made, the share price of the company was around #40 per share and his investment was rightly over #100m. IAs at now the price crashed to #5 as a result of the poor state of the Nigerian economy in the recent years which crashed the value of Naira against the dollar.

See the graph showing the movement of the shares of the company below as reference. you can see it even crossed #50 per share around 2019. HE WAS 100% CORRECT

lalastilala

Re: Did Obi Lie About The Value Of His Investment In International Brewery? by PresidObi: 6:13pm On Jun 24, 2022
Peter Obi has never lied.

That's why all his opponents are jittery

They have looked under every rock, still no dirt.

First they said he didn't leave any money behind

Later they said he didn't invest any money

Later they said he invested but the value is now low

Later they will say he invested but they cannot see the roof of the company while standing in Lagos. grin

Better go and verify.

1 Like

Re: Did Obi Lie About The Value Of His Investment In International Brewery? by Nobody: 6:14pm On Jun 24, 2022
probably..Obi not better than the others
Re: Did Obi Lie About The Value Of His Investment In International Brewery? by Golan007: 6:15pm On Jun 24, 2022
This one is still trying to help Obi.

grin
Re: Did Obi Lie About The Value Of His Investment In International Brewery? by PHIPEX(m): 6:17pm On Jun 24, 2022
Golan007:
This one is still trying to help Obi.

grin

If you understand Finance, you will know he was very accurate when the statement was made

2 Likes

Re: Did Obi Lie About The Value Of His Investment In International Brewery? by XerXers: 6:17pm On Jun 24, 2022
People are just desperate to find something against Obi but they are yet to find anything
Re: Did Obi Lie About The Value Of His Investment In International Brewery? by r4bbit: 6:21pm On Jun 24, 2022
e don do na,make una rest. grin
Re: Did Obi Lie About The Value Of His Investment In International Brewery? by PresidObi: 6:21pm On Jun 24, 2022
PHIPEX:
If you understand Finance, you will know he was very accurate when the statement was made

If he understands finance, would he have been supporting the other candidates who will not make any impact?

1 Like

Re: Did Obi Lie About The Value Of His Investment In International Brewery? by Factcheck0001: 6:22pm On Jun 24, 2022
PresidObi:
Peter Obi has never lied.

That's why all his opponents are jittery

They have looked under every rock, still no dirt.

First they said he didn't leave any money behind

Later they said he didn't invest any money

Later they said he invested but the value is now low

Later they will say he invested but they cannot see the roof of the company while standing in Lagos. grin

Better go and verify.

Re: Did Obi Lie About The Value Of His Investment In International Brewery? by Biodun556(m): 6:23pm On Jun 24, 2022
Golan007:
This one is still trying to help Obi.

grin


grin grin

Packaging Peter Obi with lies is back firing. Doyin Okupe warned them

1 Like 1 Share

Re: Did Obi Lie About The Value Of His Investment In International Brewery? by PresidObi: 6:24pm On Jun 24, 2022
[quote author=Factcheck0001 post=114122786][/quote]

How many times will this lie be bursted?

1 Like

Re: Did Obi Lie About The Value Of His Investment In International Brewery? by Jennyjay283: 6:26pm On Jun 24, 2022
Everybody is a liar!
Not because his contesting or been selected,that they will be finding any means to criticize on him!
Re: Did Obi Lie About The Value Of His Investment In International Brewery? by plaindealer: 6:27pm On Jun 24, 2022
Even Oga Pandora don roll back his lies and blamed it on some Unknown youth, but Pandora school of lying graduates are still pursuing the lies.

Shey an by force to lie ni abi den dey take lies collect money from bank?

Na wa o.. grin grin
Re: Did Obi Lie About The Value Of His Investment In International Brewery? by Factcheck0001: 6:32pm On Jun 24, 2022
PresidObi:


How many times will this lie be bursted?
prove me wrong with facts bro

One thing I don’t like about peter obi fans is that they are too mischievous,they see white n want u to call it black

That’s wrong
Re: Did Obi Lie About The Value Of His Investment In International Brewery? by PHIPEX(m): 6:36pm On Jun 24, 2022
Factcheck0001:
prove me wrong with facts bro

One thing I don’t like about peter obi fans is that they are too mischievous,they see white n want u to call it black

That’s wrong
Are you not seeing the shares price in 2019 up there, what other fact are you looking for?
Re: Did Obi Lie About The Value Of His Investment In International Brewery? by Mynd44: 7:14pm On Jun 24, 2022
PHIPEX:
Are you not seeing the shares price in 2019 up there, what other fact are you looking for?
The highest the shares was valued at is $66 Million

You have to be "special" to believe $66 million is almost $100 million

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