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PropertiesRe: Built In 1980, Capacity Doubled In 2012; Private Hall Extension by RichYoungRuler(op): 2:32pm On Jun 08, 2016
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PropertiesRe: Built In 1980, Capacity Doubled In 2012; Private Hall Extension by RichYoungRuler(op): 2:15pm On Jun 08, 2016
more progress photos

PropertiesRe: Built In 1980, Capacity Doubled In 2012; Private Hall Extension by RichYoungRuler(op): 10:42am On Jun 08, 2016
Looking at the concrete boulders brought out you can tell a whole lot of money was pumped into this house and one would have been wasting one's time attempting to use manual labour.
During excavation some terrible soil was encountered along with refuse, which on enquiry i was made to understand there was a pool there before and when it was no longer needed was filled with all sorts. my decision was to excavate to firm soil and fill with some concrete hardcore then with sharp sand which is expected to penetrate the voids created by the boulders then i would fill with water to increase the sand's density so it can sink well into voids. i decided to use sharp sand as that would not create the kind of voids that laterite would create thereby causing cracks in the future and the rains are still here during construction.

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by RichYoungRuler(m): 11:38am On Jun 07, 2016
Concerning o and o again, got this from my brokers;
Dear Investor,

Oando PLC Secures 5 Year, N94.6 Billion Medium Term Facility with a Syndicate of Nigerian Banks

Lagos, Nigeria – Oando PLC (referred to as “Oando” or the “Group”), Nigeria’s leading indigenous energy group listed on both the Nigerian and Johannesburg Stock Exchange, today announces conclusion of a N94.6 Billion facility provided by ten leading financial institutions in Nigeria. The financing, coordinated by the mandated Lead Arranger, Access Bank Plc, is a 5 year Medium Term Note (MTN) at Nibor + 200 bps as a crucial part of our strategic restructuring plans.
Commenting on the transaction, Mr. Wale Tinubu, Group Chief Executive, Oando PLC, said “In a bid to return to profitability in 2016, I am happy to announce the successful completion of restructuring our overall debt profile into a N94.6 Billion Medium Term, 5 year consolidated facility, with a 3 year moratorium on principal. This is the pivotal leg in our Group restructuring plan of Growth; via the Upstream business, Deleverage; via the disposal of $350 million in assets’ value in 2016 and… TO READ MORE, CLICK HERE OR FIND AS ATTACHED
PropertiesRe: Built In 1980, Capacity Doubled In 2012; Private Hall Extension by RichYoungRuler(op):
EgunMogaji:
I'm elated to seeing this equipment in use, especially the Bobcat.

It is my dream to have one in Nigeria, it's an exceptionally useful equipment that has many applications.

Pic shows yours truly in one that I rented for my backyard renovation here. I fell in love with it.

Looks like a nice project. I like the challenges that you faced and would have shown professionalism after you completed it. Time and materials matching.
I just like this man EgunMogaji, I hope to meet U someday. U r such a great person, U r d type that should easily say been there done that and actually mean it. A real multipurpose machine it is.
EgunMogaji,Nice photos, thanks. i like those other machines(esp the mini-cooper) too...$ talks.
*modified
PropertiesRe: Built In 1980, Capacity Doubled In 2012; Private Hall Extension by RichYoungRuler(op): 11:45pm On Jun 05, 2016
Got zinc panels to hoard the existing area and also to protect the floor marble tiles. Got a JCB for clearing and excavation, then manual labor to trim. there are columns involved in the existing building, those happened to be structural because there is a roof deck but because we are having light weight roof this time the columns become non- structural and purely aesthetic cos we need them to mirror the existing onto the proposed.

PropertiesRe: Built In 1980, Capacity Doubled In 2012; Private Hall Extension by RichYoungRuler(op): 11:32pm On Jun 05, 2016
After salvaging what could be salvaged, removal of windows,doors and anti-burglar bars. i called for a bobcat to demolish and excavate since i knew time wastage was going to derep me with this client.

PropertiesRe: Built In 1980, Capacity Doubled In 2012; Private Hall Extension by RichYoungRuler(op):
week 1
work begins with demolition
windows,double swing door,anti- burglar bars, granite tiles on the floor and wall marble both internal and external all had to go!!!

PropertiesBuilt In 1980, Capacity Doubled In 2012; Private Hall Extension by RichYoungRuler(op):
Location: Ogun State
Project Description; A private luxury hall needs to be doubled for an upcoming event. Owner wants his friends to as much as possible not know he has expanded the hall capacity except by size.
Duration; 2 months, mid August to mid October, 2012.
Construction and Project Management Portfolio handled by Rich Ruler Ltd.
Pros; A bungalow project, length was the same but width had to be doubled. simple you would say but not quite.
Cons; some of the finish items couldn't be sourced locally; took time and we had to find another way to make sure the hall was functional and met required criteria for the upcoming event. ofcourse you would not get some 1980 materials in 2012 but we tried matching as much as possible.
A simple expansion/movement joint was created between the old and the new building underneath then tiles laid on top.
Find below a link to some of our projects displayed here;
https://www.nairaland.com/2835349/construction-oouradio-stationago-iwoye-swimming

Thank you for viewing.

Regards,
RichYoungRuler
for Rich Ruler Ltd.

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by RichYoungRuler(m): 1:25pm On Jun 03, 2016
Just got this from my broker
Dear Investor,

EXTENSION TO THE RELEASE OF OANDO PLC’s 2015 AUDITED FINANCIAL STATEMENTS

This is to inform our valued shareholders and key stakeholders that there has been a further extension to the release of Oando PLC’s Full Year End (FYE) 2015 Results.
Additional enquiries and further engagement with our auditor, Ernst & Young (“EY”), post submission of our numbers to them have resulted in delays to the finalization of the Accounts which in turn has resulted in a delay in submitting the Accounts to the Financial Reporting Council of Nigeria (“FRCN”) for regulatory review… TO READ MORE, CLICK HERE OR FIND AS ATTACHED.

Regards.
PropertiesRe: Building A Solar-powered Hostel - A Learning Experience by RichYoungRuler(m): 7:17am On Jun 01, 2016
nextstep:
These are really good points, and after going through all this hassle, I totally concur.
I don't have a traditional roof, so I thought I'd save money by making the panels the roof (note that there is no traditional wood and sheets roof on this house). I was also going for the "wow" factor of having a radical type of roofing, but what a pain in the ass it's been.
I salute your courage and action orientation Sir. If it worked efficiently and better than you expected you would have just opened doors that a lot of us would walk thru perhaps without informing U. Weldone Boss, Kudos!!!
PropertiesRe: General Topic Thread-To Discuss Anything And Everything in Building Construction by RichYoungRuler(m): 11:55am On May 30, 2016
EgunMogaji:
[quote author=EgunMogaji post=46087279]We missed this warning that you gave us grin
Carry go, nothing do you. Area!
Maybe you can send Azuh after them, he's ready to enter market unclad grin
Can't help but laugh,good one Boss, EgunMogaji
Chekitaut....All Is Well, by God's grace.
PropertiesRe: The Construction OOU,Radio Station,Ago Iwoye and a Swimming Pool In Abuja. by RichYoungRuler(op): 12:12pm On May 24, 2016
FastShipping:
Kemta/Idi-Aba axis.
Hi Boss, should be about 4m from my reports on soil type over there. Sent you a mail.
PropertiesRe: The Construction OOU,Radio Station,Ago Iwoye and a Swimming Pool In Abuja. by RichYoungRuler(op): 1:44am On May 24, 2016
FastShipping:
How much can one achieve a small size swimming pool like this at Idi Aba area?
Will get back to you Sir. Do U mean Idi Araba in Lagos?
PropertiesRe: The Construction OOU,Radio Station,Ago Iwoye and a Swimming Pool In Abuja. by RichYoungRuler(op): 1:27am On May 24, 2016
jodeci01:
Good job on the Infinity, how much does it cost to erect something similar?
Sir, thank you. A couple of things decide the final cost like type of soil, levels, scenery etc but let's simply put at not above N5m.
PropertiesRe: Building A Solar-powered Hostel - A Learning Experience by RichYoungRuler(m): 11:35am On May 21, 2016
[quote author=nextstep post=The site we have planned has a very deep water table, and in fact, it's very difficult to reach it with a borehole. It's also on relatively high ground, and during the rains, water flows away. Why use foundation techniques designed for Lekki and PH when we can put the foundation right on the ground? Especially when the slab size is planned to be only 6m x 6m. I can't find it right now, but I thought someone on Nairaland did something similar...

Great thinking Sir ! Sorry, I'm late here,but what if for some reason drains around your area gets blocked and flooding happens for say just 1hr after some heavy downpour like u have in gra Ikeja n some areas in Surulere? Some of these things are based on factors of safety, in such an event the man with 1 course of block around perimeter is not at peace as much as the man with 3 courses of perimeter blocks is. People throw things indiscriminately into drains here, some even build on them.

Images from: http://www.sturmsoft.com/House/pictures.htm
PropertiesRe: Building A Solar-powered Hostel - A Learning Experience by RichYoungRuler(m):
[quote author=EgunMogaji post=37905819
I sometimes wonder how a house built with concrete burns so robustly in Nigeria...[/quote]Boss!!! I hail o!
If my memory serves me right, the American building code's factor of safety and load allowances are higher than the British which we were using . So, their structures are usually more robust. Sharp practices don't help too.
The idea of what works too is detrimental too. People can latch on to the idea that something worked somewhere without thinking of /knowing the thought process behind such decisions and they just copy n paste.
InvestmentRe: Treasury Bills In Nigeria by RichYoungRuler(m): 3:19pm On May 20, 2016
GTBank gave 7.8% p.a for 90 days and gave 7.5% p.a for the previous auction.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by RichYoungRuler(m): 1:15pm On May 20, 2016
kolaish:
OGA, U DEY VEX O. WHAT TYPE OF JOKE IS THIS?
Maybe you and some others will understand when bnsitl say ''monkey hunting'' or monkey hunters. This story has been posted here a long time ago. Cheers
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by RichYoungRuler(m): 11:16am On May 19, 2016
Dragonking:
serious offloading going on in tigerbrand, skyebank, mrs, oando, diamond bank. Bewarned!!!
O and O is currently gaining about 5% so how's it being offloaded massively? Seems to me serious speculation is going on which is normal for traders. U just don't wanna be caught off guard. Sometimes u make gains other times u lose. In other news our dear Afriprud has hit d elusive N3 mark.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by RichYoungRuler(m): 10:45am On May 19, 2016
yinka2011:
putting 50 million in TOTAL today after reading this as confirmation of my analysis

http://www.easykobo.com/News.aspx?id=19432
Wish U all d best bro.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by RichYoungRuler(m): 10:46am On May 13, 2016
fxuser:
a bullish start today !
Tigerbrands break N6 ! ! nawa
Oil stocks up +5% except FO
And MRS
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by RichYoungRuler(m): 9:51am On May 11, 2016
Got this from my broker on Axa Mansard...

Earnings Update – Q1’16 ended 31st March 2016

Investment Summary
Axa Mansard continued its impressive performance in the new financial year, as it posted its Q1’16 result sheet to the Nigerian market showing a 25.81% growth in gross premium written to 8.83 billion (vs. ₦7.02 billion in Q1’16), while profit before tax surged impressively by 46.66% to ₦751.04 million (vs ₦512.08 million in Q1’15). This inspiring performance in the face of the current economic headwinds shows that the company is very well poised to achieving and even exceeding our FY’16F profit after tax of ₦1.64 billion. Given the current result and the expectation of a stable operating environment we reiterate our BUY rating on the company shares at current market price with our valuation placing the company at a fair value of ₦2.40, suggesting an upside potential of 23.71% in the medium term. Impressively, the… TO READ MORE, KINDLY FIND AS ATTACHED
European Football (EPL, UEFA, La Liga)Re: West Ham Vs Manchester United (3 - 2) On 10th May 2016 by RichYoungRuler(m): 10:09pm On May 10, 2016
Quite unbelievable, man utd trailing again
European Football (EPL, UEFA, La Liga)Re: West Ham Vs Manchester United (3 - 2) On 10th May 2016 by RichYoungRuler(m): 9:59pm On May 10, 2016
Gooooallll
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by RichYoungRuler(m): 1:47pm On May 10, 2016
mercylicious:
Plz due diligence required.
Thanks once again, I'm responsible for whatever decision I make,whatever d outcome.
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by RichYoungRuler(m): 1:20pm On May 10, 2016
mercylicious:
@unilever post, they planned to buy it at 44.50naira
2.) They have already started mopping the shares from the floor even b4 shareholders refused the deal, so they went from 50% to 58%

This meeting was held April 27th or so.
Thanks for this info.
Dating And Meet-up ZoneRe: Have You Been Dreaming Of Marrying Your Birthday Mate? Pls Come In by RichYoungRuler(m): 9:33am On May 04, 2016
missbronze:
Nice meeting you sir.

I am 3rd May.
Happy Birthday in arrears. Wish U a wonderful year ahead.
AgricultureRe: Snail Farm Begins - The Birth Of A Farm by RichYoungRuler(m):
gechyy2:
Snail farming seems very interesting following this thread.. Pls how can I construct a pen using tyres... Do I need to build a shade at my backyard before using the tyres?
Hi, you stack tyres on each other say 3 or 4. U put a net on the one before the topmost to prevent a jailbreak. U would have put some soil in the last one beneath. Can send a picture when I'm less busy. Hope U understand though?
Having a shade is not a bad idea but the tires provide a shade with the snails staying in the inner parts of the tyres. The stack also provide shades for them.
PropertiesRe: The Construction OOU,Radio Station,Ago Iwoye and a Swimming Pool In Abuja. by RichYoungRuler(op):
Work has been completed and pool is in use by owners.
Thank you for viewing and for the kind comments.
Egunmogaji...thank you.




Thank you for viewing.
RichYoungRuler
Rich Ruler Ltd.

PropertiesRe: The Construction OOU,Radio Station,Ago Iwoye and a Swimming Pool In Abuja. by RichYoungRuler(op): 9:55pm On Apr 09, 2016
Test running period photos

PropertiesRe: The Construction OOU,Radio Station,Ago Iwoye and a Swimming Pool In Abuja. by RichYoungRuler(op): 7:51pm On Apr 06, 2016
Gradually coming to and end. Please find more progress photos

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