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Health / Re: Pregnancy Are You Pregnant Or Going Through A High Risk Pregnancy,,lets Talk by oluwaleokey: 4:26am On Apr 07, 2021
AbbynHummy:



Please wait for another 1 week. Most babies don't come on their due date. It's usually two weeks to or two weeks after. Though most doctors are likely to induce at 41 weeks. But who is that doctor preaching elective cs? undecided he wan chop money?

Thank you mama for your input
I guess I will patiently wait till 41 then I can opt for induction
I have been eating n swallowing pineapples like mad, please what other labour triggering fruits or food should I add?

The doc obviously want cash, kept threatening the baby is growing by the day, that we should go home n prepare for CS incase... I expected atleast a membrane swap but no way
Health / Re: Pregnancy Are You Pregnant Or Going Through A High Risk Pregnancy,,lets Talk by oluwaleokey: 11:29pm On Apr 06, 2021
indian03:



To me, if the baby is head down and everything is OK,then its not too early to do induction at 40 weeks.i never pray to reach that time. Infact if Induction is possible at 37,38 weeks, I would gladly opt for it grin.. and yes baby will keep on adding weight

Of course baby has been confirmed to be head down and everything okay...
Just some offline mamas saying horribly things about induction gone wrong is an inevitable CS... there is a high tendency that a baby with head down would spin many times as a result of the induction, when this happens the only alternative is CS hence if you intend to be induced, you should equally plan a CS incase...
Health / Re: Pregnancy Are You Pregnant Or Going Through A High Risk Pregnancy,,lets Talk by oluwaleokey: 10:42pm On Apr 06, 2021
Sabi Mamas, trust we are cool
Long story, scan gave my edd as 5th April while FMC gave 6th
Today 6th we are actually 40 weeks and a day gone.
A private doctor has been preaching inducement and preferably elective CS,
Baby weighs about 3.8
STM, although my first baby was induced n delivered normal.

Thinking its way too early, how much more do you think I can still hold on before opting for inducement? Is it bad waiting till we clock 41weeks? Heard at this point, baby grows by the day, how true?

I am restless
I need una candid advice....help a mama biko
Investment / Re: Treasury Bills In Nigeria by oluwaleokey: 9:16am On Mar 29, 2021
Lazyyouth4u:


Just to add to my earlier post. Some of your senior men them may just give you an amount based on the 100k ‘profit’. But the problem with this is the following:

1. Is the company in an industry that is growing? What’s the point of paying guy man big money for a company wey fintech or new innovators don dey enter to disrupt and take away all market share?

2. Even if the industry dey grow, can you run the business and be making the same 100k wey the guy dey make? As one of your senior men rightly said, a correct barber shop wey dey depend on the skills and loyal customers wey the former owner get cannot expect the profitability to continue when a new person buys the business. Many of the loyal customers will japa leaving new owner to start afresh.

So even if you decide to just apply an arbitrary multiple to the earnings to arrive at a price, adjustments must still be made to reflect the growth of the company/industry and the value wey the previous owner was bringing that you probably will not have.

Only an expert can guide you on how to apply the multiple and make these adjustments.

Good luck!

Senior you don almost confused me tongue
Presently carrying out a swat analysis and feasibility studies of the said business
Location place a key role
In this case the location (platform) is quite hot... so even with the lesser skills like oga ahib mentioned it can still thrive let alone when we come on board with an innovative method of running same business... I hope you sha get the point, you know our grammar dey sharp grin
Investment / Re: Treasury Bills In Nigeria by oluwaleokey: 9:08am On Mar 29, 2021
ahiboilandgas:
a certain skill must be required even if na customer retention skill,human resource management skills etc to maintain or improve the current income...

You are absolutely right sir,
the platform would make it easier to achieve this... I equally intend to retain employee or a lil reshuffle to balance things up

3 Likes

Investment / Re: Treasury Bills In Nigeria by oluwaleokey: 9:00am On Mar 29, 2021
Lazyyouth4u:


I no be one of your senior men them. Just a lazy youth but here are my lazy thoughts sha grin

You say 100k profit per month. Is that truly profit (after deducting all costs and expenses) or is it just revenues? You need to be sure about that.

There are different ways to value a business and I will try not to get too technical.

1. If you know anyone that has bought similar businesses, how much did they pay? You can use the multiple they paid and apply to this business proposal after making some adjustments.

2. Discounting the future cash flows. You will need to make projections of the money the business will be making in the future and then discount using relevant cost of capital

3. Net asset value of the business. If na business wey get hard assets simply find the market value of these assets and deduct all known debts and liabilities.

As you can see, it is not as simple as just coming on a faceless forum to ask how much to pay for the business.

I advice you to find correct person wey dey work for better investment bank and pay the person small money to help you look into it and do some analysis. If you are really serious about it, I’m sure you will be willing to part with 100k or so for this service if the business make sense.

Senior youth...
The 100k profit is actually after all costs and expenses although I had already made some research plus I trust the judgement I would likely get here couple with me little experience, I want to believe that would be fine as against seeking advise from an investment bank worker...
Thanks Senior youth
Appreciate your advise
Investment / Re: Treasury Bills In Nigeria by oluwaleokey: 8:48am On Mar 29, 2021
ahiboilandgas:
is he producing service or selling merchandise..some business have good will and personality of the owner ...example if my barber that make 10k daily decide to sell the business on this parameters the new person will struggle to make 1k daily...

You made sense however it doesn't require any personal skills... let's say a transfer of ownership (customers base inlcusive)...
Thanks for your input sir
Investment / Re: Treasury Bills In Nigeria by oluwaleokey: 5:38am On Mar 29, 2021
emmanuelewumi:



100k per month that is N1.2 million per annum. Did you deduct, employees cost,rent, electricity, generator costs, transport and logistics costs. Since it is a business and not an investment, it will include your active participation in the running of the business, did you deduct your salary before arriving at the monthly profit of 100k.

If yes, I think you can offer N5 million for the purchase of the business

Never thought of and considers all these factors...
Thank so much sir Emma, let me go back and re-arrange... by the time I prefessionally mention all these, him self go confirm I be international business analyst cool... gives me more negotiating power
Once again thank you sir

7 Likes

Investment / Re: Treasury Bills In Nigeria by oluwaleokey: 3:24am On Mar 29, 2021
Well done Senior men them...
Please I would appreciate an advise on a business proposal... someone due to (marriage) relocation wishes to sale off his business services (one off payment) that makes about a minimum of 100k profit per month (verified & confirmed), this business has existed for two years plus...

Long story short, he has refused to mention any price rather kept saying I make an offer...
Really don't know how to analyse or calculate what to offer for such deal...
Any clue or hint on how best to negotiate on this will be appreciated... I no wan over offer....
Just hope the guy self no dey this thread ni grin
Car Talk / Re: Mercedes Benz Thread by oluwaleokey: 3:24am On Mar 23, 2021
Hi guys
Good to see this thread
I actually wish to purchase an old school mercedes V-boot, auto gear, functioning A/C
Don't really know the model (year range) that has the best fuel efficiency and spare parts available in the market.
I don't mind to buy a direct tokunbo if its still available and where can I get it?
Will highly appreciate recommendations
Many thanks guys
Food / Re: Nife’s Aquatic Foods.(dealers In Thailand Fishes: Cut Cut And Butterfly) by oluwaleokey: 11:39am On Mar 05, 2021
ahiboilandgas:
Ok I have sent u a mail ..Regards
Seen and replied
Sir, can you modify the quote that shows my contact
Many thanks
Food / Re: Nife’s Aquatic Foods.(dealers In Thailand Fishes: Cut Cut And Butterfly) by oluwaleokey: 9:23am On Mar 05, 2021
.....
Investment / Re: Treasury Bills In Nigeria by oluwaleokey: 2:21pm On Mar 04, 2021
ahiboilandgas:
they luv ponzi

Senior man
I sent you a PM
Abeg sir, I need your candid advise on a downstream related contract, I cannot discuss it openly for some reasons...
Will be grateful to hear from you or if you've got a preferable way of reaching you
Await your response sir
Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by oluwaleokey: 2:56am On Feb 18, 2021
SurveyorGeo:


These measurements are in feet, 1metre = 3.3ft
Front = 41/3.3 = 12.42m
Back = 77/3.3 = 23.33m
Left = 233/3.3 = 70.60m
Right = 129/3.3 = 39.09m
The total size of the land is approx. 970.43sqmts ( Based on your Engr measurements)

This was helpful, thanks
I realised going by 50 x 100 that its up to 2plots
Many thanks
Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by oluwaleokey: 2:55am On Feb 18, 2021
smallsmall:



Your total landmass is approximately One and half plots. (1.47 Plots).
Though it is not a regular-shaped 18.18M X 36.36M plot.
Thanks buddy
With the aid of Google, I had to mathematically follow it up
I guess you used 60ft x 120ft, the lagos standard according to google
Going by 50ft by 100ft, it's up to 2plots and some little fractions
What do you think
Properties / Re: Building Of My Cheap Self Cons with Pics by oluwaleokey: 6:33pm On Feb 17, 2021
Please guys, I just acquired a land but have not employed the services of a surveyor yet however a site engineer that I engaged for fencing was able to measure the land round with a tape for the fencing purposes

Please who can assist interpret/calculate this figure for me
I'd like to know how many plots

Front = 41ft
Back = 77ft
Left = 233ft
Right = 129ft


And also, can I get an estimate quotation for a round dwarf fence
Like a
How many blocks
Bags of cement
Materials involved etc
Just want to have a clue of the range

Any help will be highly appreciated
Thanks
Properties / Re: General Topic Thread-To Discuss Anything And Everything in Building Construction by oluwaleokey: 6:19pm On Feb 17, 2021
Please guys, I just acquired a land but have not employed the services of a surveyor yet however a site engineer that I engaged for fencing was able to measure the land round with a tape for the fencing purposes

Please who can assist interpret/calculate this figure for me
I'd like to know how many plots

Front = 41ft
Back = 77ft
Left = 233ft
Right = 129ft


Any help will be highly appreciated
Thanks
Technology Market / Re: Professor On Any Type Of Generator. by oluwaleokey: 12:17pm On Feb 07, 2021
zhukafa:


The carburetor is faulty. get a new one and save stress.

Suspected it
Will get a new one if it can't be serviced
Thanks
Will revert back
Technology Market / Re: Professor On Any Type Of Generator. by oluwaleokey: 12:15pm On Feb 07, 2021
fineboynl:
service the carburetor
Will do that
Thanks
Technology Market / Re: Professor On Any Type Of Generator. by oluwaleokey: 11:15pm On Feb 05, 2021
Hi guys
Please my tec juniormax has been misbehaving, works perfectly until recently, the gen would make some funny dead plug sound and switches off immediately

Once I clean the plug and restart, the gen would function a while and switches off again. I Bought two new plugs but same thing keep occuring however I discovered that a black smoke sort of would fill the plugs everything I remove them for cleaning

Please what could be the root cause and kindly proffer solution
Thank you
Investment / Re: Treasury Bills In Nigeria by oluwaleokey: 12:56pm On Jan 27, 2021
ahiboilandgas:
Get ready to for 187 per litre P.M.S.....full your tank today......

Thanks Senior man
I dey fuel station like this.... feeling like an inner caucus cabal way dey get info first....

4 Likes

Investment / Re: Treasury Bills In Nigeria by oluwaleokey: 10:50am On Sep 19, 2020
TransAtlanticEx:
Hi ahib.
Please a friend of mine is trying to buy a truck or go into the transportation business(land).
He is a newbie in this business though and will like to know a few things from veterans like you.
The truck type is 12 tyres,25 tonne truck either DAF or MAN diesel(not trailer ooo,just single body truck with carriage).The type abokis use to carry tomato from north and yam even beans.
He will like to know some few things.
How much the truck cost direct tokunbo.
The type of documentation to do.
How much does trucks like this balance in a week.
What are the best type of truck to buy,like are the different variants in this brand?
How much can a truck like this make weekly.
Highly anticipating your response,thanks.

Me too, would like to have info on this although someone once said the type that carry chippins from quari n the rest of them are more lucrative... Still researching on it.

Any vital info in these will be highly appreciated

2 Likes

Investment / Re: Treasury Bills In Nigeria by oluwaleokey: 10:30am On Sep 19, 2020
Biaaa Lazyyouth, if tear you just one better slap for ear eh, you go get sense instanta

Na wetin nah? You obviously said you dont give out advise in a public forum and here you are trying to fight someone who has been recognised in this forum perhaps before you started using smart phone

Take your time oo
You no wan teach yet you wan stop someone from teaching us? Na witchcraft be dat o

Dont bother yourself about what we dey assimiliate, just dey your dey biko
I don need a prophet to tell me that you are not just happy the way him shares info and lectures us

Mtcheww...
Except you change your ways...from this very moment, we will totally ignore you like our oga did... Bye bye lazyyouth

6 Likes

Autos / Re: N1,200,000 or Less Tokunbo Cars by oluwaleokey: 9:08am On Sep 19, 2020
Car dealers don hijack amdman
Bro remember how you started o
Them car dealers agressively fought you but we the now ordinary buyers stood firm by you which led to the success of you penetrating the market.

I believe they must have told you so many lies, perhaps we too dey complain blah blah however trade wise bro
Whatever it is, dont forget how you started
Once an alternative shows up, trust me, they would dumb you dark assssss

I repeat
Trade wisely
Not bad, if you still give small space for people here to buy, i mean, find way to sustain here not the other way round where we only got to see closed deals. Are trying to make us jealous or what?

Yes they just want to monopolise the trade n still resale at an exorbitant price for us
Why are am evening saying all these?

Amdman do the right as it has always been OR...

18 Likes

Autos / Re: N1,200,000 or Less Tokunbo Cars by oluwaleokey: 3:33am On Sep 18, 2020
amdman:


I totally agree with the part of looking at Lexus RX with new eyes. The way it drives is simply a pleasure treat.

Amdman do you have a different thread now?
Closed deals everywhere
I want to close a deal with ya
Whatsapp?

3 Likes

Investment / Re: Treasury Bills In Nigeria by oluwaleokey: 12:30pm On Sep 15, 2020
ahiboilandgas:
Lagos is too full so i travel to less competitive location...to get the certificate.

I dey for one of the south eastern states...i beleive its less competitive as well
Investment / Re: Treasury Bills In Nigeria by oluwaleokey: 12:08pm On Sep 15, 2020
ahiboilandgas:
I can fund the lpg station by my self but why ? There is cheap money 100bn naira from cbn at 7 percent with training and asistance to set up .....i can take this risk ......i was with a leader in the down stream yesterday he had 112 filling stations ,600 trucks 52m litre depot in Lagos and also do crude swap for nnpc ....yet he strategizing to open an airline ...the margins are down ....investors seek new avenue to make money ....so why cry over hopless 3 percent for tb ......Nigeria is a developing Nation so there are oppurnties everwhere ....look at iceberg pure water ...started by a small labasene chap now very big .how about cway ...how can Indians see this oppurnties while us citizens cannot ....There no EASY MONEY.

Nna eh?
See a leader for downstream yet dey still find money for other sector...
But sir, how can benefit from the100bn naira cbn at 7 percent with training and asistance to set up
Senior man i am ready and available,
Investment / Re: Treasury Bills In Nigeria by oluwaleokey: 11:57am On Sep 15, 2020
ahiboilandgas:
Lpg is the future of energy ...i will be constructing a medium scale Lpg plant to refill both cars and cylinder ....there are 11m car in Nigeria but over 50m lpg cooking cylinders ....i cant go wrong with commodity that everbody uses ....that what dangote sells .....

Sir synthetic oil dey your head
I dey feel your optimism in the real sector moreover with the recent move by nnpc to convert all their stations to include lpg, lng and cng... I guess others would definitely follow suit...

Baba we way be upcoming nko... Actually planned setting up a lpg skid plant...those small ones although i wouldnt mind to construct a small scale plant to fill both cars n cylinders too...
Any headups from you will be highly appreciated... I would have ask for a PM but i know as e dey be for here...

My many kekes don almost wan turn person to agbero work grin... For the benjamin, e dey play e dey show
Investment / Re: Treasury Bills In Nigeria by oluwaleokey: 11:48am On Sep 15, 2020
ahiboilandgas:
go to semdan to train on entrepreneurship am even attending one as part of the requirement to access the 100 bn Lpg funds by the cbn at 7 percent for 5 years .....to even get a free location i have to travel down to northwest zone ..

Senior man,
Is it a zonal thing?
I tried checking their south east zonal office on the web but having some cobstraint
Car Talk / Re: Maintenance Tips On Cars. by oluwaleokey: 6:06pm On Aug 26, 2020
GAZZUZZ:


Your car is calibrated in miles, replace it every 30,000 miles. (I am not going by the factory manual)

Oga boss
I appreciate sir
Car Talk / Re: Maintenance Tips On Cars. by oluwaleokey: 6:04pm On Aug 26, 2020
radautoworks:


Okay, it's due for a change from the last picture. Make sure to use the right fluid. I posted an online tool in some places to help you figure out the right fluid.

Thanks boss
This was helpful

1 Like

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