contumely2:


PAMM sounds like getting a team etc.

Do such people exist here?

Are there ways I can trade myself and make reasonable profit no matter how little?

W

ok

contumely2:

I understand.

Please give me more clue. I have checked PAMM. Everything looks confusing

Find the guy here called FXManager, he'll be your guide and help into the FX world.

Can you do me a favor?

contumely2:

There is more to this than meets the eye. Seems what you are stating are for public consumption. It's understandable. PETROL STATIONS DON'T RELY ON 10 PER LITRE ISH.

Petrol stations buy from "bunkery" at a very cheap rate. They go there at times armed. I know a petrol station in Onitsha that is into it full time. (I know you must know about it.)

They also tamper with metres. If you take a 20 litre gallon to any station, at least 25 litres will be needed to fill it. Some stations have been sanctioned for this and I am sure those are the ones that didn't settle the inspectors ---- I think they are from DPR.

All these are first hand experiences.

If petrol stations sell or rely by the margins you are quoting, then 90% of stations would have closed. There are many stations here that can't sell upto 5,000 litres daily.

It's just like a governor contesting just because of salaries he will be paid --- not upto 1m sef.

But he will embezzle billions through contract inflation etc.

Almost all big money in Nigeria are from illegalities and standard breaches.

I really don't know about bunkering ,I avoid buying product from South South,over 500 truck in warri military based arrested for bunkering ,metering tempering is done by manager/pump attendants....if a station sells 5000 litres daily that 150,000 litres per month it will earn around 3m net monthly

ahiboilandgas:
I really don't know about bunkering ,I avoid buying product from South South,over 500 truck in warri military based arrested for bunkering ,metering tempering is done by manager/pump attendants....if a station sells 5000 litres daily that 150,000 litres per month it will earn around 3m net monthly

How do you cope with the stress of doing biz in the oil industry, the cabal, the rivals, the uneccesary eyes of everyone on industry personnel especially by security forces and all the whole drama?

healthserve:



How do you cope with the stress of doing biz in the oil industry, the cabal, the rivals, the uneccesary eyes of everyone on industry personnel especially by security forces and all the whole drama?

we are operating on retail end,and just small players aspiring to grow ...we have seen the rise of other small players...ateio ,MRS, AA rano ,azman ,cita .....we are not very significant but support critical roles

ahiboilandgas:
I really don't know about bunkering ,I avoid buying product from South South,over 500 truck in warri military based arrested for bunkering ,metering tempering is done by manager/pump attendants....if a station sells 5000 litres daily that 150,000 litres per month it will earn around 3m net monthly

I think metre tampering is done by managers in connivance with the owners. You personally may not do it.

But why is it that 20 litres of fuel doesn't fill 20 gallon?
Even when you buy from NNPC mega stations?

ahiboilandgas:
we are operating on retail end,and just small players aspiring to grow ...we have seen the rise of other small players...ateio ,MRS, AA rano ,azman ,cita .....we are not very significant but support critical roles

Okay. I was managing mutual funds some years back with ( 50 - 100m group funding ). We were looking for entry into the oil industry but the first few persons I spoke with discouraged me stating it was a biz for unclean individuals down with charms, guns and worth nots. I withdrew my participation in the team following these comments. How true is this view? Rest assured, I'm privileged to see the oil industry as a tough one with plenty stress. Can you change my view for the future. One thing you said caught my attention once the security forces sees you as a male in the South South, you're almost apprehended with criminal-handling force, it irks me


I'm looking into wholesale gas station terminals and retail gas stations for the nearest future though. I learnt there's massive opportunity in wholesale gas station terminal service industry

Gun hmm I never seen any gun around loading depot or filling station except na police...get ur location like asaba ,study the frequency of car traffic ,get your land ,get your dpr approvals,build your station ,lease it out to total or MRS for 10m annually ,collect 5 years lease 50m ,get appointed as the dealer for the same station and chop 5 naira margin and use truck to generate way bill......where the charms and gun dey for this process...u want use charm for white man for total or gun for dpr

ahiboilandgas:
Gun hmm I never seen any gun around loading depot or filling station except na police...get ur location like asaba ,study the frequency of car traffic ,get your land ,get your dpr approvals,build your station ,lease it out to total or MRS for 10m annually ,collect 5 years lease 50m ,get appointed as the dealer for the same station and chop 5 naira margin and use truck to generate way bill......where the charms and gun dey for this process...u want use charm for white man for total or gun for dpr

So what does it really entail to build one?? Like roughly,how much does it take to build a standard station with 3 - 4 pumps??

ahiboilandgas:
Gun hmm I never seen any gun around loading depot or filling station except na police...get ur location like asaba ,study the frequency of car traffic ,get your land ,get your dpr approvals,build your station ,lease it out to total or MRS for 10m annually ,collect 5 years lease 50m ,get appointed as the dealer for the same station and chop 5 naira margin and use truck to generate way bill......where the charms and gun dey for this process...u want use charm for white man for total or gun for dpr

I meant associated risks @ guns and charms. I.e business associates. Also, not the storage point facility but the purchase and loading sectors Sir



10m annually that's low compared with volumetric analysis of what it entails and the invested amount. Considering the setting up involves high amount. If I invest the same amount let's say 100 - 200m into other industries I'll cash out more than 50% annually. 10m per month on an invested setup cost of let's say 200m isn't good returns on risk/cash investment


As a business man, this doesn't make sense. A gas station with less than this amount gives up to 400% returns. Why then build and transfer ownership for 5% annual returns. Not cool Sir


100 - 200m to setup supermarkets, logistics fleet or even agriculture affords higher profit returns with low risks self.


Cc FarahAideed SarkinYarki Racoon

Akin3891:


Wht are d rates? N Wht r d procedures to invest? It's been Tbs for me for years, it's sweet to have ur profits all at once, then you know how to cut d cakes. FG bonds is not cool with me because of the break down of coupons, i do invest 50% of my yearly profits in tbs in another bizz, hence keeping all funds with the FG is not suitable for me.

Contact FBNQUEST for the application form. The requirements are the normal account opening supporting documents. The minimum you can invest is 2,500$. See the enclosed factsheet for details as at October.

chigo4u:

Why not try dollar investments with stanbic. Their dollar fund is cool. I’ll soon be moving all my dollar to that.
I think Buhari is the one holding dollar rate as it is because all these cbn policies should be telling on the dollar but yet dollar has been stable. Remember Buhari promised to make dollar = naira so I think he’s the kind of person that will do anything to wage dollar rate.

I got this from Stanbic dollar fund. It is under consideration.

healthserve:


I meant associated risks @ guns and charms. I.e business associates. Also, not the storage point facility but the purchase and loading sectors Sir



10m annually that's low compared with volumetric analysis of what it entails and the invested amount. Considering the setting up involves high amount. If I invest the same amount let's say 100 - 200m into other industries I'll cash out more than 50% annually. 10m per month on an invested setup cost of let's say 200m isn't good returns on risk/cash investment


As a business man, this doesn't make sense. A gas station with less than this amount gives up to 400% returns. Why then build and transfer ownership for 5% annual returns. Not cool Sir


100 - 200m to setup supermarkets, logistics fleet or even agriculture affords higher profit returns with low risks self.

it just an example....if u build a station in awolowo rd ikoyi and total want to lease it what will be the amounts ?will it be same with asaba or kaduna ....a station on a lease of 10m annually Wil be wort around 100m ....2 u will be appointed the dealer and still make margins on product sold like 1m monthly ,u still make profit on deseal ,engine oil and service plus the supermarket and lpg gas stand ,u still make money transporting to the station like 1m (gross monthly) if u need futher explanation u have to pay for consultancy.....if capitalism

ahiboilandgas:
it just an example....if u build a station in awolowo rd ikoyi and total want to lease it what will be the amounts ?will it be same with asaba or kaduna ....a station on a lease of 10m annually Wil be wort around 100m ....2 u will be appointed the dealer and still make margins on product sold like 1m monthly ,u still make profit on deseal ,engine oil and service plus the supermarket and lpg gas stand ,u still make money transporting to the station like 1m (gross monthly) if u need futher explanation u have to pay for consultancy.....if capitalism

Lol. I'm a business god amongst men myself Sir

Staking 100m to get even 15m annually is bad business for me. I'll never do such in my life. I have over fifty comprehensive manufacturing industries blueprint for the future. I'm just engaging in a discussion and considering the attraction ive always avoided and have remained skeptical about the oil sector. Gas I'm cool with. Gas is the future


Besides the setup of the infrastructure to licensing of a four pump station would hit 120-150m. From land purchase to underground tanks, to pumps jeez. 100m won't sufficiently accommodate a four pump station Sir without sweat and serious money management

Adiwana:


So what does it really entail to build one?? Like roughly,how much does it take to build a standard station with 3 - 4 pumps??

depend on location...cost of land constitutes about 50 percent of main cost ...the pumps are 750 k each ,canopy 4 leg like 2m underground tank 4 m each ( pms ) ago then office 5m then floor 2m with 30m outside Lagos and abuja u can build one

healthserve:


I meant associated risks @ guns and charms. I.e business associates. Also, not the storage point facility but the purchase and loading sectors Sir



10m annually that's low compared with volumetric analysis of what it entails and the invested amount. Considering the setting up involves high amount. If I invest the same amount let's say 100 - 200m into other industries I'll cash out more than 50% annually. 10m per month on an invested setup cost of let's say 200m isn't good returns on risk/cash investment


As a business man, this doesn't make sense. A gas station with less than this amount gives up to 400% returns. Why then build and transfer ownership for 5% annual returns. Not cool Sir


100 - 200m to setup supermarkets, logistics fleet or even agriculture affords higher profit returns with low risks self.

Can you give examples of businesses that give annual net profit of 50% on the invested capital

It is very possible and also make more than that with micro and small businesses that are labour intensive.

The N50 million is for the lease on the property, which a smart person would have reinvested before the lease expires in 5 years time

emmanuelewumi:



Can you give examples of businesses in the business but he doesn't that give annual net profit of 50% on the invested.

It is very possible and also make more than that with micro and small businesses that are labour intensive.

The N50 is for the lease on the property, which a smart person would have reinvested before the lease expires in 5 years time

There are lots of businesses Sir


1. Food processing industry be it sea food, poultry crop. Just processing oh not even the food production aspect



2. Marketing - Bulk wholesale supplies of commodtieis like carbonated drinks etc


3. Retail Gas supply


4. Logistics chain for goods delivery


5. Nylon production


6. Nylon Marketing


7. Plastics Recycling


8. Supermarket.

9. Forex

There's a lot. If we're open to critical review of business blueprints first before going ahead to forge them on ground, you'll realise many businesses gives 50% and more annually Sir. Ive managed businesses across diverse fields for people so I know

Disclaimer. I don't do businesses with people online. We're just engaging in a conversation. I'm not asking anyone to contact me or soliciting for money or investments in anyway

healthserve:



Lol. I'm a business god amongst men myself Sir

Staking 100m to get even 15m annually is bad business for me. I'll never do such in my life. I have over fifty comprehensive manufacturing industries blueprint for the future. I'm just engaging in a discussion and considering the attraction ive always avoided and have remained skeptical about the oil sector. Gas I'm cool with. Gas is the future


Besides the setup of the infrastructure to licensing of a four pump station would hit 120-150m. From land purchase to underground tanks, to pumps jeez. 100m won't sufficiently accommodate a four pump station Sir without sweat and serious money management

nope ,it depend on location ...cost of land is the main item ,dpr (1m) 120m station will role in about 40m annually ...their other thing

ahiboilandgas:
nope ,it depend on location ...cost of land is the main item ,dpr (1m) 120m station will role in about 40m annually ...their other thing

The future is bright my brother. Its only a matter of time


120m to roll in 40m annually while reading newspaper is good business. Now you're talking. Can you be involved in setting up and holistic business setup for this venture?

healthserve:



There are lots of businesses Sir


1. Food processing industry be it sea food, poultry crop. Just processing oh not even the food production aspect



2. Marketing - Bulk wholesale supplies of commodtieis like carbonated drinks etc


3. Retail Gas supply


4. Logistics chain for goods delivery


5. Nylon production


6. Nylon Marketing


7. Plastics Recycling


8. Supermarket.

There's a lot. If we're open to critical review of business blueprints first before going ahead to forge them on ground, you'll realise many businesses gives 50% and more annually Sir. Ive managed businesses across diverse fields for people so I know

I disagree with 2 my opinion though.

healthserve:



There are lots of businesses Sir


1. Food processing industry be it sea food, poultry crop. Just processing oh not even the food production aspect



2. Marketing - Bulk wholesale supplies of commodtieis like carbonated drinks etc


3. Retail Gas supply


4. Logistics chain for goods delivery


5. Nylon production


6. Nylon Marketing


7. Plastics Recycling


8. Supermarket.

There's a lot. If we're open to critical review of business blueprints first before going ahead to forge them on ground, you'll realise many businesses gives 50% and more annually Sir. Ive managed businesses across diverse fields for people so I know

I am actually looking at Bulk Gas supply and Marketing - Bulk wholesale supplies of commodities like carbonated drinks etc. Can 30m naira be enough for any of the two?

DaBogu:
I disagree with 2 my opinion though.

I've managed at least 70 ventures across 15 sectors so I know. In fact my specialty is working on financially moribound businesses and bring it back to profit track. Nevertheless, your opinion is highly valued. Mind stating your reasons Sir?

DaBogu:
I disagree with 2 my opinion though.

Why, please?

healthserve:



There are lots of businesses Sir


1. Food processing industry be it sea food, poultry crop. Just processing oh not even the food production aspect



2. Marketing - Bulk wholesale supplies of commodtieis like carbonated drinks etc


3. Retail Gas supply


4. Logistics chain for goods delivery


5. Nylon production


6. Nylon Marketing


7. Plastics Recycling


There's a lot

Dont mistake gross profit for net profit.

Have you taken care of the rent, salaries, marketing and distribution expenses, government dues, levies, taxes, insurance, depreciation, loan repayment and many more.
These appear to be labour intensive for some of us

healthserve:
I did that wo



I've managed at least 70 ventures across 15 sectors so I know. In fact my specialty is working on financially moribound businesses and bring it back to profit track. Nevertheless, your opinion is highly valued. Mind stating your reasons Sir?

I did that fews ysr back and it was a very bad venture.

IamR:

I am actually looking at Bulk Gas supply and Marketing - Bulk wholesale supplies of commodities like carbonated drinks etc. Can 30m naira be enough for any of the two?

To do any business these days is simple Sir though people think it requires huge money. Get a consultant like ahiboilandgas here, our own brother. Get comprehensive business report which they will charge a small sum, from there you can either scale down or build up Sir


For Gas you'll need like 2-3 plots of land to do a good work. I recommend 30-40million for Gas Sir


For wholesale carbonated drinks from truck for local area supply to shop rent to installations 15-18m is more than good for such a project Sir


Disclaimer : I'm not soliciting for patronage nor money. I'm just engaging in a business discussion.

DaBogu:
I did that fews ysr back and it was a very bad venture.

Exactly what people say. I did back and fail so its bad. Mind stating the businesses you did. Area you set it up. What went wrong. What could have been done right? Why you think its a bad idea.


Disclaimer: I'm not soliciting for patronage or money or private discussions

emmanuelewumi:



Can you give examples of businesses that give annual net profit of 50% on the invested capital

It is very possible and also make more than that with micro and small businesses that are labour intensive.

The N50 million is for the lease on the property, which a smart person would have reinvested before the lease expires in 5 years time

sir because of u I will explain futher,the 50 m lease will be used to supply product at 133.to the station ,The futher my truck will convey to my lease station at 120,000k per trip if I sell 10 trucks monthly will have made 1m from halauge ,4 m from retail of pms then 850k from lease that months ,ago sale and engine oil will absorb the over head ...i can also buy product in bulk from total and retail on the truck without discharging ....i can buy 1m litres at 133m from total as a dealer and sell at 138 to other dealer unregistered making 5m without loading the product...if scarcity show with 2 months u don make the entire investment......remember the station is a going concern and it appreciating....if am exiting I will sell at premium

emmanuelewumi:





Dont mistake gross profit for net profit.

Have you taken care of the rent, salaries, marketing and distribution expenses, government dues, levies, taxes, insurance, depreciation, loan repayment and many more.
These appear to be labour intensive for some of us

Is this a business feedback or inherent fear. Have you seen a comprehensive analysis on any of these businesses or engaged in them personally?


I've done plastics recycling personally


I've done nylon marketing personally


I've managed a supermarket personally


I've done wholesale supply personally


I've been involved with food supplies to a food franchise in Lekki Gbagada for more than five years personally.


See any business that can't make 50% minimum annually isnt looking into its business aanalysics and operational indices to ascertain why its doing right or wrong and how to improve its productivity to make maximum impact Sir

Disclaimer: I'm not soliciting for private business discussions, investments or money in anyway. We're just engaging in an innocent discussion

ahiboilandgas:
sir because of u I will explain futher,the 50 m lease will be used to supply product at 133.to the station ,The futher my truck will convey to my lease station at 120,000k per trip if I sell 10 trucks monthly will have made 1m from halauge ,4 m from retail of pms then 850k from lease that months ,ago sale and engine oil will absorb the over head ...i can also buy product in bulk from total and retail on the truck without discharging ....i can buy 1m litres at 133m from total as a dealer and sell at 138 to other dealer unregistered making 5m without loading the product...if scarcity show with 2 months u don make the entire investment......remember the station is a going concern and it appreciating....if am exiting I will sell at premium

In this case product supply due to quick loading and quick sales without setting up a station is golden

healthserve:



The future is bright my brother. Its only a matter of time


120m to roll in 40m annually while reading newspaper is good business. Now you're talking. Can you be involved in setting up and holistic business setup for this venture?

reading new paper (no way oooh )u have to get involve....it a blue collar work ooh .....if 5 trucks dey road na 50m naira be that ....