₦airaland Forum

crownwealth:
Bi Buhari!

Bi daddy and mummy e

Oloriburuku .
Will you even be allowed to ask other candidates questions during the debate?
What a useless reason .
I trust fl@thead ipobians to start jubilation because of this flimsy excuse .
This bastard is an opposition and he’s displaying so much pride .
The same person said in an interview that if they like let them vote for me . Just imagine the useless man .
It shall not be well with you Atiku and anyone supporting you .
Next level is certain

Oyindidi:
Tout, na who be mugun? Take your life wey be like buhari 4 years achievement comot for my mention.

Next level is a goal .
Wail to death

Ahamefuna0001:
How did has Osibande spent ?

Gbagaun !

JasonScoolari:
NessaBoo, how far?

Fuck_ off

Oyindidi:
Come with sense if you want quote me

Mugun

DesChyko:
The lesson has been given. Take correction and move on

Next level is certain

Oyindidi:
Na hired crowd, no right thinking person from plateau go support this old man

Sharrap

troubleseller:
Look at the amount of people viewing this thread. If we could all take this interest to the polls and vote in who we need, I swear we'll be better for it.

Lmfao .
People viewing the thread wey no reach 2k na I’m this one dy scream

DesChyko:
Zombies and shallow memory.
Buhari blatantly refused to attend the past debate. And none of that had to do with the useless excuse you gave up there. According to him, the organizers are against him that's why he won't attend.
You guys just defend whatever you hear without really committing them to memory. Just 4 years and you've forgotten his excuse for boycotting the debate?

Wow . You’re really smart o .
You’re so smart baje baje .
In your Ipob mind Buhari started contesting 4 years ago .
Mugun

MhizzAJ:
Just look at how dirty a full state is

Nigeria is a joke...A very big one

Panic attack loading

NessaBoo:
Debate has started, and he's nowhere to be found.

Don’t mind these Mumu people

Yem0350:
Ask any Nigerian

Ok

Yem0350:
GEJ attended in the last election

Prove it !

LiveByNight:
So few likes ?

It's really getting lonely being a buhari supporter isn't it ?

Take the likes to fill ballot boxes on February 16 .
Dadandindin

NessaBoo:
What's happening... Don't think Atiku or Buhari are showing up

No PDP presidential candidate has ever attended debate since 1999 . I thought Atiku will break the record upon all the ranting by pdpigz that PMB must attend debate .
Useless set of people .

Lmfao

Election wey Buhari don win already abi which one ?
Next level is certain

onegentleguy:
U might be having a wrong view of things with the parts in bold my dear. ...and here's why;
LAFARGE' current FX denominated loans are HEDGED.
The company learnt a bitter lesson after it had a combined FX related loss of near N37B between 2016 to 2017.
What it has now done is to seek fx cover/protection for its dollar related loans from the CBN. ...which was done using a non-deliverable forward contract format.
The interpretation of this is that LAFARGE is also well covered should the CBN decide to devalue the Naira later this year.
Other positive for the coy include;
1) The company's cost line accrued from their high debt burden should further ease out as near 70% of the current rights proceed shall be subjected to delaveraging.
Current efforts on restructuring should also help to curb down their cost and expense line(opex, admin exp) which has been a major drag on the coys earnings line. A cursory look at the coys Q3 2018 financial print, and u will observe that there was a moderation in the usual pressure from some of these cost input.
In the past I have always said that one of the greatest challenge with LAFARGE is the issue of COST MANAGEMENT & OPTIMIZATION. ...so the importance of this line can not be over emphasized.

2) The company's South African arm which hitherto has had a repeated negative GROSS and EBITDA MARGIN is now back in the positive territory, following a better performance in Q3 2018. This should 'serve some breath of fresh air' to LAFARGE AFRICA(the group) given that the running of that arm has also eaten deep into the coys overall earnings.

That said, I am also of the view that the weight with its negative still outweighs the positives.
I am particularly worried about the coys finance expense(which was up by near 35% YoY), and ensured a negative PAT, despite a gap up in revenue on the back of an increase in sales to over N72 B !! That line may likely witness even more pressure given that the company also plans to expand either of their Shagamu or Ashaka plant. So I expect a little more strain in their cost line. ...particularly CoS and FC and ultimately GROSS and PBT MARGIN.(short term in view)
Unless of course, the company decides to sell/divest from its SA arm and fund the expansion/construction from the generated cashflow.
Then again is the worry over the impact of significant dilution that the on-going rights issue will give rise to. The company's OS is expected to see an addition of over 7.4B shares ...which in the short term will impact on the coys ROE, EPS and EM.
See other worries from the post above.

At its Friday's closure price N12.80, the stock presents an MoS discount to tap from. ...'cause using a mix of valuation model, I have a FV estimate of N19.50.
Which presents the possibility of a 52% price appreciation to market. However, my worries over the present risk inherent in the coy can well surmount that discount.
So is the equity price of LAFARGE cheap at the moment? ...YES. Especially if ur investment perspective is that of the long term.
Is there a possibility that it can get cheaper? ...YES.
So I'll prefer to take a few more drug of patience with this coy. ...we believe that the coys financial print for FY 2018 and Q1 2019 will give a clearer guide on the right way to go !!

My inference;
Sometimes, cheap might be expensive. ...and at other times, a seeming discount might actually be a premium.

My advise;
Pls follow ur instinct.

DISCLAIMER: NOT to be interpreted to mean any sought of recommendation. ...due diligence should still remain ur 1st priority.

Ok

emmanuelpopson:
buhari won't dare to come for the debate. he knows his blunders may Mar his chances at the polls since this will be the only contests he and atiku are gonna be involved in... If buhari doesn't come.. atiku should just stay clear of the venue.. it's that simple..

Did GEJ debate in 2015?
Has any pdp presidential candidate attended debate since 1999?

Buhari used to attend presidential debate when he started contesting and he said he stopped attending when the sitting presidents never attended .
So, STFU .

Next level is certain

JasonScoolari:
Don't let that roadside vendor deceive you baby, Atiku is the right hand. I can assure you that.

Sharrap

omooba969:
Your comment has no merits coz you should ask yourself why the BIL is being charged to court if he hasn't committed any offence.

Ok

omooba969:
Both are complicit.

You didn’t answer my question.
I guess you get the point already

omooba969:
Why blame women, are you trying to exonerate the brother-in-law?

Was she raped?

Lmfao

chiefolododo:
How about mosque? Book is haram

A mosque is not a business enterprise . Unlike the church

sekzy99:
Good afternoon. I registered for exams but no confirmation was shown. After I submitted the page that came up was asking me to replenish my account.

Note: I had 12000 in my wallet n I registered 12 exams.

How do I know I have been registered for exams? Saw a slip after I registered for courses.

Money has been deducted. Reflects on wallet expenses

Go back to that “register exam” page , you should see the list of exams you’ve already registered

Hausa women do their own .
Yoruba women do their own
Igbo women ,the same thing .
Are women generally useless ?

Omololu001:
Lol... Most of the yeebos supporting atiku on nairaland, I don't understand how most of them change suddenly... They are always abusing Fulani's/Muslims, but they now have their head in a Fulani Muslim ass now