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Sonety2k's Posts

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PropertiesRe: . by sonety2k(m): 4:07pm On Apr 07, 2012
Conquistad: I have a couple of plots of land near Beckadims just close to Unilorin campus. I would like to start a student hostel there for rent. I need a developer who is familiar with Ilorin, campus student requirements, student hostel design and supervision etc to advise me on the project.

Please let me know if you fit these qualities and are interested in this project.
How many plots iis the land ? mail me details - sonetauto@yahoo.com
AdvertsRe: Cars,buses,coasters,trucks And Luxurious Buses Available For Charter. by sonety2k(m): 3:14pm On Apr 07, 2012
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BusinessRe: Free Sachet Pure Water Business Plan by sonety2k(m): 3:11pm On Apr 07, 2012
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BusinessRe: I Need A Business Plan For A Bottle Water Business by sonety2k(m): 3:10pm On Apr 07, 2012
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AdvertsRe: Free Report On Cashew Nuts business: Don't Start Without Reading This. by sonety2k(m): 3:00pm On Apr 07, 2012
lomzy1: We are in another season of cashew nuts business. It is time for local farmers, local agents/distributors, suppliers and exporters to make money.
A business man or a trader culd only fit into 2 of d mentioned categories. Its either u are a supplier (supplying to cashew nuts export companies in Nigeria), basically Lagos who in turn export it abroad, most of these companies are owned by indians, india is one of d largest importers and exporters of cashew nuts!!! It would be interesting to know that india do not produce cashew nuts but they are one of d largest exporters of cashew nuts in d world. This is possible because india have a free trade agreement with most asian countries thus it is better for those countries to import from india rather than import from africa or any other country because of d import duty tariff.
Going into cashew business is not an easy task for a new beginner cos a lot of things have to be put into consideration eg,
1. Do u want to be a supplier (supplying to export companies in lagos)
2. Do u want to export yourself (selling to overseas buyers)
3. Capital requirement (how much are u willing to invest Considering the above two options, an exporter requires more capital)

What u need to know about cashew business / terms.

1. Cashew nuts are sold per ton.
2.13 bags make a ton. 30 tons make a truck / long trailer.
3. Grading or scaling : u need to know how it is measured, weighed and packaged in bags, if not u will be cheated by local agents or distributors, they will cheat u in your presence.
4. Quality or KOR : cashew nuts in nigeria are priced and negotiated based on d quality. D quality of Nigeria cashew nuts is between 42 - 54 KOR. There is a way this test is carried out by exporters, d test is physical and u could monitored it yourself but u need to have an idea/knowledge about it or else u will be cheated by these indian exporters.
5. Price ; cashew nuts price fluctuate almost every week, so u need to know d current price at every point in time.
6. Packaging: cashew nuts could be packaged in two bags only namely jute or polythene, this also determines d final price u buy from local sellers and d price Ʊ sell to exporters. Cashew nuts in jute bags are more expensive than polythene bags. Most exporters prefer it in jute bags.
7. Haulage or trucking : u need to know d price u will transport ur cashew nuts from one destination to the other, this also affects d price in a way.
8. Exporters of cashew nuts in Nigeria: they are mainly in lagos and mostly indian companies.
9. Where to get cashew nuts in Nigeria: u need to know d source of your business.
10. If u are exporting, u need to know d export duty, fob price, cnf price and freight price.

Advise : first timers, u have to be very careful abt this business, some people are using this business to defraud unsuspecting traders. Most people organize seminars and will only tell u how to make money in cashew business but they will never tell u how risky, vulnerable it is. Most of these seminar organize have never been to any of d villages that produce cashew nuts, they've never been to d farms, meet with d local farmers, local distributors, do not know that the quality determines d price, etc.

Pls note that cashew is profitable if u have everything under your control I.e good quality, right people working for u, capital (very important cos u could buy in large qty and store for a higher price later, u will also have an edge over your competitors), entering d biz at d right time, at an early period, especially now, february, price is still low now, but it will go higher by next month, march.

I could go on and on talking about this business.

Research is very necessary, do your own little research before u venture into this biz (u either succeed or fail) it depends on how best u manage every situation u encounter during d course of d biz.
I wish u all good luck.

This is just my own piece of contribution to nairaland. I have gained a lot on this wonderful site. am proud to be a nairalander!!

I have just shared with u what u would have normally paid for. it might not be detailed enough but I guess it would help some folks out there who have been trying to go into cashew business but don't know where to start from.
This is just the theory aspect, the main work is physical, u have to be present wherever u are buying from, don't just sit down in lagos or wherever and expect your consignment to get to u without stories, even those who have been in d game for long still monitor it physically sometimes), let your level of trust be minimal. I know a lot of people that have lost money in this business, I was a victim also when I started!! But as they say experience is d best teacher, I have a lot of experience ever since.

I think I have to stop here. I wish u guys best of luck.

For advise, assistance, consultancy and partnership, pls contact 08023881557, 07064821943, bimbolajide@hotmail.com
Nice one
AdvertsRe: Cashew Nuts For Sale by sonety2k(m): 2:56pm On Apr 07, 2012
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BusinessRe: Cashew Nuts Urgently Needed Exworks Lagos by sonety2k(m): 2:55pm On Apr 07, 2012
Beedee777: 500MT Cashew nuts with the following parameters (Nut Count 170-190 & KOR/Outturn 47-51 lbs) urgently needed in Lagos.Delivery can be in minimum lots of 90-120 tons. Serious suppliers should please send their phone numbers to exports@terranovaroyale.com.ng

Payment term: TT

Thank you.
Whats your price term ?
Jobs/VacanciesRe: Sales Rep Needed by sonety2k(m): 2:47pm On Apr 07, 2012
What product is it ?
BusinessRe: Business Plan For Palm Kernel Oil Extracting Factory by sonety2k(m): 2:44pm On Apr 07, 2012
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AutosRe: **PRE-ORDERING FROM THE USA AT REAL TIME BIDDING . by sonety2k(op): 3:57pm On Apr 06, 2012
jethro2: Please can you help with the price of Mistubishi canter and Nissan cabster. My email is adesola_yinka@yahoo.com. Thanks
Thanks but we don't have any on gound presently , if you want it urgent , You can call these Number - ( 08034048482 ) they have thee outlet in Ibadan
BusinessRe: Bill Gates Gives Yam Farmers $12m: In Nigeria & Ghana by sonety2k(m): 10:33pm On Apr 02, 2012
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AutosRe: **PRE-ORDERING FROM THE USA AT REAL TIME BIDDING . by sonety2k(op): 10:28pm On Apr 02, 2012
Drop All Your Pre ~ Order Request Here
AutosRe: **PRE-ORDERING FROM THE USA AT REAL TIME BIDDING . by sonety2k(op):
Thanks and i will send all the details of the Suv to you mail box , check it and let me know how we go about it
AutosRe: FLASHYYYY VOLKSWAGEN BUG FOR SALE **(Price Slashedddd)* @ 800k by sonety2k(op): 10:17pm On Apr 02, 2012
debolah: is this ride still available can it go for 550k
Yes . But it can't go for 550k , I can give you for 800k

Thanks
PropertiesRe: Plot Of Land For Sale @ Ago Iwoye Beside OOSU , Suitable For Student Hostel by sonety2k(op): 10:14pm On Apr 02, 2012
STILL AVAILABLE
AutosRe: FLASHYYYY VOLKSWAGEN BUG FOR SALE **(Price Slashedddd)* @ 800k by sonety2k(op): 10:08pm On Apr 02, 2012
STILL AVAILABLE
AutosRe: Checkout This 2 Units Of Mdx And 1 Unit Of 2005 Toyota Matrix All Are Fuloptions Just Cleared! by sonety2k(m): 9:58pm On Apr 02, 2012
Happy Sales
AutosRe: Entry Level. . . .Emperoh Has Recruited One; 2007 Honda CR-V by sonety2k(m): 9:54pm On Apr 02, 2012
Chief Emperoh let see the final touch
AutosRe: Famous WeiLongDa Brand China Spraying Painting oven factory and exporter by sonety2k(m): 5:33pm On Mar 29, 2012
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BusinessRe: DISTRIBUTORSHIP DEAL: New Sparkling Wine/champagne In Nigeria by sonety2k(m): 4:07pm On Mar 27, 2012
Baba viperman show us the pictures and send us some samples for testing
BusinessRe: Transport And Haulage Business by sonety2k(m): 3:55pm On Mar 27, 2012
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BusinessRe: I Need A Business Partner In Lagos And Aba . I Live Abroad. Please Get In Touch! by sonety2k(m): 5:23pm On Mar 24, 2012
send details to - sonetauto@yahoo.com
regads
ComputersRe: Nigerian Manufactured Tablet Competing With IPAD And Samsung Galaxy by sonety2k(m): 8:21pm On Mar 21, 2012
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AutosRe: Automatic Fuel/water Transfer Pump (auto Siphon) by sonety2k(m): 3:27pm On Mar 18, 2012
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AutosRe: R-model Mack Truck ( 25 - 30tons). Run And Drive by sonety2k(m): 2:50pm On Mar 18, 2012
And whats the Price?
AutosRe: FLASHYYYY VOLKSWAGEN BUG FOR SALE **(Price Slashedddd)* @ 800k by sonety2k(op): 1:41pm On Mar 18, 2012
STILL AVAILABLE
BusinessRe: How Will You Pay Back N5m in 10 Months? by sonety2k(m): 3:04pm On Mar 13, 2012
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AutosRe: 7-14 Seater Vehicle Needed For Hire/charter by sonety2k(m): 3:39pm On Mar 07, 2012
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PropertiesRe: Land For Sale @ Ibadan by sonety2k(op): 9:32pm On Feb 23, 2012
[size=14pt] SOLD ! SOLD !! SOLD !!! [/size]
PropertiesRe: Plot Of Land For Sale @ Ago Iwoye Beside OOSU , Suitable For Student Hostel by sonety2k(op): 9:28pm On Feb 23, 2012
Still Available
AutosRe: FLASHYYYY VOLKSWAGEN BUG FOR SALE **(Price Slashedddd)* @ 800k by sonety2k(op): 4:21pm On Feb 13, 2012
cool
PhonesRe: Free Blackberry Unlocking Codes (NOT BLACKBERRY 10 DEVICES) by sonety2k(m): 9:44am On Feb 12, 2012
Lexusgs430:
96449672 - MEP 2 (NETWORK )
0952806699714680 - MEP 4 (SERVICE PROVIDER )
Keep up the Good Work Baba Lexus

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