₦airaland Forum

Olaide1295:
You people bring politics into economic conversations and will complain when the argument doesn’t go in your favor. You can say politics and economy are related, but where is the line? Some people like me believe this President is on the right track and have evidences to back it up. But if we start having the political back-forth on this thread, won't it derail the conversation?

NettyNelly:
Pa Emma, can you share your understanding of their business model and how they make money.
From the Little I found out, it seems they charge airlines (on contract basis), and clearing agents on a regulated tariff, but I don't have a full picture of how that works.

1. Is their earnings dollar indexed?
2. What are the possible risks that would impact the company's earnings?

I would appreciate your insights on this, Sir.

NettyNelly:
emmanuelewumi

Sunrisepebble:
Yes, my new MH stock but MH with good intentions

emmanuelewumi:
Please invest in what you understand or know the story behind them.

Get in touch with your financial advisor or use the internet to get the information you need.

Thank you

NettyNelly:
What I am seeing in Vitafoam is the same as Beta Glass. Just that Beta Glass would materialize faster, with a 60% upside or more from here.

Beta Glass PAT ranged from 4bn - 6bn in the last 5 years, with no substantial earning growth.
But they have already earned 8.3bn in 9m 2024, with an FY annualized earnings of 11bn in View. But the stock is still trading at the 2019- 2023 price range.
They have a new Management team installed this year; a New COO joined in Q1, a New CFO in mid-year, and a new CEO in Oct.

If you look at the parent Company Frigoglass, they are making efforts to increase their export Market, that's inline with these new appointments.

megawealth01:
Tony Elumelu all white party with Davido, Wizkid and others last night voom UBA got positive today but the other guy own no even move Oando up. God dey sha

Bovis:
Tell us what the government should do differently? After all the years of subsidies didn’t translate to nationwide developments but huge debts and massive corruption

Venezuela and Norway are classic examples of two rich resource countries that you should go and research before you condemn the current government policies

Tax Reforms are desperately needed because there’s no ‘Representation without Taxation’. I wonder why previous administrations didn’t implement this policy especially our PHD holder Goodluck Jonathan that squandered the funds in the excess crude account and many other opportunities

megawealth01:
Tony Elumelu all white party with Davido, Wizkid and others last night voom UBA got positive today but the other guy own no even move Oando up. God dey sha

mikeapollo:
I don't go for jobs that I am not prepared for! Only incompetent and clueless people do that.

Willie2015:
I am a fan of BAT...
But he was in haste with his reforms....
At least 2 refineries and Dangote Refinery need to start...
operation before even looking at subsidy removal...
That's one of the conditions in the KPMG report before inauguration....
Both removal of subsidy and floating of exchange rate pushed more people into poverty...
that's roughly 129m Nigerians....under poverty line.....
...that less than N3500/day to survive....
How far an tax reforms go....with hunger & starvation emerging...
We are broke according to BAT and yet we have a bloated admin....
Big boyz are feeding fat while the masses should endure the pains....
Maybe BAT need to look at the Argentine President who achieved the impossible...

*Inflation plummeted to 2% monthly....
*Poverty declined from 57% to 46%....
*Argentina achieved its first fiscal surplus in 123 years....
*Cut govt ministries from 18 to 8...

Agbalowomeri:
If BAT wait for conditions to be right, no reforms will be implemented. In Buhari's 8 years how many times did Dangote postpone launching of his refinery? A refinery that was supposed to start operating by the end of Buhari's first tenure?

BAT understands this terrain very well. Scatter everywhere first then we will arrange it back. People fail to realize that some cabals were benefiting from the status quo and will do everything for those conditions not to be met

Agbalowomeri:
If BAT wait for conditions to be right, no reforms will be implemented. In Buhari's 8 years how many times did Dangote postpone launching of his refinery? A refinery that was supposed to start operating by the end of Buhari's first tenure?

BAT understands this terrain very well. Scatter everywhere first then we will arrange it back. People fail to realize that some cabals were benefiting from the status quo and will do everything for those conditions not to be met

designking:
This place is looking like Nairaland politics section.

designking:
This place is looking like Nairaland politics section.

Willie2015:
Getting 4 refineries to work in a year ...
is not a rocket science... Bros
D political will is just lacking...
U dont kill your citizens with hunger and starvation...
in the name of scattering everywhere....
BAT is not ready to face the cabals...
but willing to trade the masses for the pain of reforms...

Willie2015:
Getting 4 refineries to work in a year ...
is not a rocket science... Bros
D political will is just lacking...
U dont kill your citizens with hunger and starvation...
in the name of scattering everywhere....
BAT is not ready to face the cabals...
but willing to trade the masses for the pain of reforms...

HesInMe:
I was asking for metrics to track the success of economic policies, some of which I actually endorse (at least in principle, even though the execution has been lacking). Those policies have a direct impact on market performance. How is that politics? And who is this "you people" you are referring to?

Tell us how you know the policies are on the right track. Inflation and debt are rising (austerity typically reduces both). Long-term strategic investors, and Nigeria's young elite, are fleeing. The naira is still unstable. Views on corruption haven't changed. The disastrous suppression of the new Dangote Refinery was a body blow to sagging business confidence. What economic success metrics are you looking at?

pluto09:
Fuel will never be cheaper without subsidy even if all our refineries are working. PBAT did well by removing the subsidy and floating the naira.

Olaide1295:
You people bring politics into economic conversations and will complain when the argument doesn’t go in your favor. You can say politics and economy are related, but where is the line? Some people like me believe this President is on the right track and have evidences to back it up. But if we start having the political back-forth on this thread, won't it derail the conversation?

HesInMe:
C'mon. If you believe the current policies are the right ones, you have to be able to tell us: 1) when they will work, 2) how they will work, and 3) how we will know that they're working, i.e., what objective evidence we should look out for to track progress.

Just saying trust Tinubu, or blaming the other guy, or trying to whip up ethnic division is so unsatisfactory when there is grinding hunger across the land. Defend the policies on the substance.

emmanuelewumi:
Sir kindly add to the review of Vitafoam please. What’s the growth trajectory of the company now? Is it suitable for long term or short term
Investment?

🙏🏻



Not bad on weekends and public holidays provided it is related to the economy, investment, business and finance

ositadima1:
You should stop complaining and make do with whatever your leaders provide. Learn to take advantage of the situation, as every challenge presents an opportunity. For example, in a water-flooded area, it's better to be the person who owns a fleet of canoes than the one stuck with a Mercedes 190. Everything else is just talk. Leaders come and go—T-Pain will rule and leave, and we don’t even know if the next president will reinstate all the subsidies.

In Nigeria, every leader does what they believe is politically right. There is no continuity, only corruption and looting. So, all these arguments are pointless because time moves on, and tomorrow will bring a new set of challenges.

Willie2015:
Maybe BAT need to look at the Argentine President who achieved the impossible...

*Inflation plummeted to 2% monthly....
*Poverty declined from 57% to 46%....
*Argentina achieved its first fiscal surplus in 123 years....
*Cut govt ministries from 18 to 8...

ositadima1:
You should stop complaining and make do with whatever your leaders provide. Learn to take advantage of the situation, as every challenge presents an opportunity.

Agbalowomeri:
If BAT wait for conditions to be right, no reforms will be implemented. In Buhari's 8 years how many times did Dangote postpone launching of his refinery? A refinery that was supposed to start operating by the end of Buhari's first tenure?

BAT understands this terrain very well. Scatter everywhere first then we will arrange it back. People fail to realize that some cabals were benefiting from the status quo and will do everything for those conditions not to be met

GeneralDae:
Nah getting 4 refineries to work in a year is rocket science especially if you are replacing old parts not just doing turn around maintenance. It would have been foolish for Tinubu to keep waiting on the refineries while the country continued to bleed via ways and means debt and other debts.