₦airaland Forum

You are an intelligent person

GeneralDae:
Valid question. I don’t think he has anything against borrowing itself for growth but why not consolidate your finances first before expanding aggressively?

GeneralDae:
Valid question. I don’t think he has anything against borrowing itself for growth but why not consolidate your finances first before expanding aggressively?

Just keep buying the cement coys

Na dem go supply the cement for concrete roads for all the loans wey Jagaban dey take to build all the super highway to Sokoto and coastal road to Calabar

Infact in Lagos now some ready to use concrete firms are struggling to meet demands to construction coys building houses cos the road building guys have bought up every thing

megawealth01:
I will just abandon ETI for ECOWAS for life

Nice! For me when PE starts to reach 10 I will carry my load and move to Iran or Venezuela.

I sold 7.5% still left majority because of your advice

nosa2:
Did you sell your ETI?

I have bookmarked this statement...

Abeg those two stocks you said you will drop after buying up, how far?

nosa2:
Nice! For me when PE starts to reach 10 I will carry my load and move to Iran or Venezuela.

Make these shareholders association allow me hear wassup na

yMcy56:
ACCESS needs to also shift base..... up...
The rate WEMA is pursuing is alarming...😊a

* WEMA @31.25
Already at par with ACCESS!

** Some pullback down to 30...Wema

Access is not just ready. I don't know why

megawealth01:
CHAI. I downrated WEMA sha

Wema na my retirement stock… went aggressive with the right issue.

GeneralDae:
Valid question. I don’t think he has anything against borrowing itself for growth but why not consolidate your finances first before expanding aggressively?

There is nothing like consolidation nor expansion going on. It is borrowing for jamboree!
They are borrowing and awarding dubious, inflated contracts without tender, no bidding, no senate approval, no budgetary allocation etc. to cronies like Chagoury brothers who had no competence nor experience whatsoever in construction.
But all of a sudden, contracts are being withdrawn from reputable companies like Julius Berger and handed over to Chagoury Brothers without any cross bids.

PinkNature:
what’s the best stock to buy with this funds

Just go and buy foodstuffs at home

mikeapollo:
There is nothing like consolidation nor expansion going on. It is borrowing for jamboree!
They are borrowing and awarding dubious, inflated contracts without tender, no bidding, no senate approval, no budgetary allocation etc. to cronies like Chagoury brothers who had no competence nor experience whatsoever in construction.
But all of a sudden, contracts are being withdrawn from reputable companies like Julius Berger and handed over to Chagoury Brothers without any cross bids.

Can Julius Berger do a better job than Hitech when it comes to coastal road constructions?

I have been on the road these last few days criss crossing most states in the south. They have literally turned the whole country to a construction site. The road construction going on between Ebonyi and Cross River states over the river Cross is monumentally massive!
They are all concrete roads.

feelamong:
Just keep buying the cement coys

Na dem go supply the cement for concrete roads for all the loans wey Jagaban dey take to build all the super highway to Sokoto and coastal road to Calabar

Infact in Lagos now some ready to use concrete firms are struggling to meet demands to construction coys building houses cos the road building guys have bought up every thing

ogoo4real:
Access is not just ready. I don't know why

Access is assessing who are the ''loyal'' shareholders and who are the ''fair-weather'' shareholders.
Una go show your true colours very soon.

mikeapollo:
There is nothing like consolidation nor expansion going on. It is borrowing for jamboree!
They are borrowing and awarding dubious, inflated contracts without tender, no bidding, no senate approval, no budgetary allocation etc. to cronies like Chagoury brothers who had no competence nor experience whatsoever in construction.
But all of a sudden, contracts are being withdrawn from reputable companies like Julius Berger and handed over to Chagoury Brothers without any cross bids.

Dey play, show us the same process for past leaders and in Anambra when Obi was governor

ogoo4real:
Access is not just ready. I don't know why

It will surely cross ₦80 .

UBA will also cross ₦80 very soon

ogoo4real:
Access is not just ready. I don't know why

ACCESS wey UNITY BANK go overtake when it's relisted

You don't need name calling na

olaremint:
Dey play, show us the same process for past leaders and in Anambra when Obi was governor

Na we be the loyal shareholders ooooo. I've been holding since 2007

mikeapollo:
Access is assessing who are the ''loyal'' shareholders and who are the ''fair-weather'' shareholders.
Una go show your true colours very soon.

GeneralDae:
Can Julius Berger do a better job than Hitech when it comes to coastal road constructions?

Construction of major roads (coastal or not) is the Julius Berger specialty.
Hitech has no track record in constructing major roads, apart from the ones they got from Tinubu/Lagos state for some roads in Lagos state.

GeneralDae:
Can Julius Berger do a better job than Hitech when it comes to coastal road constructions?

Julius Berger constructed Third Mainland bridge, coastal road should not be a big deal.


The coastal road contract should have been given to 3 firms

megawealth01:
I have bookmarked this statement...

Abeg those two stocks you said you will drop after buying up, how far?

I never buy oh. Though one of them was Transcorp. I'm mentioning now because I've decided not to buy it. The fundamentals look good but the thing no ginger my spirit. Transcorp Hotel valuation rubs me the wrong way and the power thing is just too political.

As for the second one I don start to buy. Expecting some money which I will use to finally load up.

That's a tad harsh (although I sense a hint of banter)..
Many billionaires of today started with less than that figure several years ago...

olaremint:
Just go and buy foodstuffs at home

Let me know when you don buy the second one...

As for transcorp I have dashed Tony wetin remain when i sold a lot of it at sub 16 naira before reconstruction... I bought at sub 1.50k years back

nosa2:
I never buy oh. Though one of them was Transcorp. I'm mentioning now because I've decided not to buy it. The fundamentals look good but the thing no ginger my spirit. Transcorp Hotel valuation rubs me the wrong way and the power thing is just too political.

As for the second one I don start to buy. Expecting some money which I will use to finally load up.

Zenith Bank is now worth over $4 Billion.

KarlTom:
INTBREW has a MktCap of ₦2.4tn, NB ₦2.6tn, GUINNESS ₦1.1tn

Same principle is used to "evaluate or compare" similar equity like ARADEL vs SEPLAT...

Are you saying it's reasonable to say INTBREW is worth almost same as the largest brewery in Nigeria (NB)? Won't you agree with me that either one is overvalued compared to the other (one is undervalued compared to the other)?

emmanuelewumi:
Julius Berger constructed Third Mainland bridge, coastal road should not be a big deal.


The coastal road contract should have been given to 3 firms

Julius Berger pray to the wrong gods

They are why management don't take shareholders seriously at AGMs. I listened to that of CWG as well and it was mostly praise singing from beginning to the end. Even the chairman was hurrying them to hasten up. I listened to NAHCO's AGM twice and there was a Dr who consistently asked intelligent questions based on the numbers in the report, grey areas that needed clarification and future plans of the business.

megawealth01:
Make these shareholders association allow me hear wassup na

I don’t rule it out. In the next 2-3 years it could definitely get to 1k if we work with a 15-20x PE

yMcy56:
Lol.
It's updated projections.....
He first projected all these rise we are presently witnessing around 2022.....
Now all have achieved the first projections....

Also predicted that ASI will do 100k+....... ACHIEVED!
Recently projected 235k next .....
It's now @224k!!
Next according to him will be 260k!!
Watching keenly...
Wow!! Some Ogas on top dey this forum!

** CAVEAT: DD Applies**
No one should say na one person push am to buy any stock ooo....but allt least we've seen how far the projection goes and is going.....I mentioned it as reminder...😊

PinkNature:
what’s the best stock to buy with this funds

Buy UBA and ACCESSCORP.

olaremint:
Dey play, show us the same process for past leaders and in Anambra when Obi was governor

And who says I am for Obi, or Atiku, or Kwakwanso, or Amaechi or Wike or Tinubu?
I don't assess people who are not yet in power as president. I give all of them (including Tinubu) the benefit of the doubt and wait until they become president, before I assess their performance in office!
I don't pre-judge anyone of them. A pupil/student must sit and perform in an exam before you score him ''zero'' or ''excellent''.
The failures of past presidents cannot excuse or justify the failures of the current president. Failure is failure!

I am not aware of a past presdent/govt that took away projects from a credible Julius Berger and handed over to Chagoury Brothers without tender, cross bidding, etc.

GeneralDae:
Zenith Bank is now worth over $4 Billion.

And ACCESSCORP is around $US 1.2 Billion.

ACCESSCORP has great potential for price appreciation in the short run.

The same favor that Hitech is benefiting now was what Julius Berger benefited from in the 80s and 90s which makes you think they’re a civil engineering giant. Is it right? No, but What's sauce for the goose is sauce for the gander!

mikeapollo:
Construction of major roads (coastal or not) is the Julius Berger specialty.
Hitech has no track record in constructing major roads, apart from the ones they got from Tinubu/Lagos state for some roads in Lagos state.