EISDigital:
Check this out if it might interest you.

Sir, that is 10%per annum profit projection With extremely high risk!
If na u, you go do am?
When fgn bond will give better With near zero risk.
Y Boyz, slow down.

unite4real:


wow. makes me think you are @ahiboilandgas 's wife

my wife na squadermania...i have a cap on her expenses

unite4real:


wow. makes me think you are @ahiboilandgas 's wife

i even had to go back and check d moniker to see maybe its @ahiboilandgas ..maybe d wife is typing on behalf of her husband

Happy new year co-investors. May the new year be a profitable one for us all.

Happy New year folks....

Page 1020 for 2020

Happy new year 5more hours to go here

HAPPY NEW YEAR!!!!!!!!!!

Nigsrdumb:



What is the incentive of investing in naira at 5 % when you can earn 7 % in a foreign currency to mitigate any gra gra from CBN?


The economic indicators don't make sense, it's not clear what emefiele is trying to achieve.

I'm negotiating the price of a property in Ibadan for ten million, rent is 1 mill per annum, that's an roi of ten percent and I don't need to worry about inflation.

I don't think the guy is fear mongering just being realistic

hmm... dont ask the tenants but use someone to act like a prospective tenant. A rent of 1m per annum in Ibadan? Then the cost price is to be negotiated for N10m? a house with a rent of 1m per annum cannot have a market value of N10m. Not like i am trying to say something but look very well.

Poanan:


hmm... dont ask the tenants but use someone to act like a prospective tenant. A rent of 1m per annum in Ibadan? Then the cost price is to be negotiated for N10m? a house with a rent of 1m per annum cannot have a market value of N10m. Not like i am trying to say something but look very well.

This is informed analysis. Let him do his research well

tracyorez:

Funny enough.it is the excess I saved from monthly shopping from my husband.he gives me a lot for shopping and I decided to shop less and save more.
I am a full time housewife.

Wow! Amazing. I wish I could open a thread with this quote. . .

Happy new year to everyone!!

Happy new year to gurus in the house. Please what is your professional advice on this overwood investment (www.overwood.ng)

tracyorez:

I invested both capital and interest at first,then added my extra savings that's all.
Material things don't move me so I save alot.

tracyorez:

Wowww.i want to save so that if my husband gets into any difficulty in future,I will make sure he doesn't beg or take any loan.
the difference here is that my husband leaves little or no cash flying around for you to even steal. He is always investing and doesn't drink much so I make do with only what he gives me.
He won't easily get broke though as we already have 4 different buildings on rent excluding our residence with several empty lands and petrol tankers.
I will be strongly behind anytime he needs help cos he is a very good man.

Lol, are these statements conflicting? I probably should be minding my business though.

Poanan:


hmm... dont ask the tenants but use someone to act like a prospective tenant. A rent of 1m per annum in Ibadan? Then the cost price is to be negotiated for N10m? a house with a rent of 1m per annum cannot have a market value of N10m. Not like i am trying to say something but look very well.

What do you think should be a realistic return on a rental property, sir?

.

ositadima1:


What do you think should be a realistic return on a rental property, sir?

300k

Emeksonuchenna:
Happy new year to gurus in the house. Please what is your professional advice on this overwood investment (www.overwood.ng)

are the regulated by Sec and CBN it onwed by one Tayo or so. Oga shine your eyes o! You better diversify even 11plc has divested into hotels because of low margins in the downstream.

lavylilly:
300k

You mean 3% , I thought it was closer to 8% . What would the minimum yearly rate of return be on a rental property?

lavylilly:
300k

. Things are generally cheap in Ibadan. Rents also just affordable. Inquiry about rents in dat area will give u clue. Independent investigation important.

INFOTECH2:


Boss
To the bold part.

How can I expand into this sector. Need your advice

it capital intensive...a 45000 litres truck cost around 12m but capable of generating 800 k monthly...or 50k daily (apapa to airport )...but u need to have a contract or open hire agreements with a mulitinational like total ,MRS ,conoil ,forte oil citec etc ...but they collect 5 trucks above as minimum or partner with others that have contracts to add yours as a sub contractor

dipoolowoo:
Treasury Bills Rates May Hit 3% at Next PMA
https://businesspost.ng/economy/treasury-bills-rates-may-hit-3-at-next-pma/

Lol! 3% kwa?

If it truly crashes to that level then it's becoming almost comical. Make them just scrap am Na!!

2019 ...we moved a total of 15million litres of aviation fuel 5 million litres of pms for MRS , Onando, ceta , Nigeria airforce using a fleet of 16 trucks ...recorded 3 accidents in april, august and December with insurance paying 80 percent of the loss (7m ,1.5m,5.2m) we also paid tax of about 1.5m and have a wht of ( 5m )....we currently have a court case court against a bus company that hit our tanker....even with the poor Nigeria economy we grossed 150m in 2019

ahiboilandgas:
2019 ...we moved a total of 15million litres of aviation fuel 5 million litres of pms for MRS , Onando, ceta , Nigeria airforce using a fleet of 16 trucks ...recorded 3 accidents in april, august and December with insurance paying 80 percent of the loss (7m ,1.5m,5.2m) we also paid tax of about 1.5m and have a wht of ( 5m )....we currently have a court case court against a bus company that hit our tanker....even with the poor Nigeria economy we grossed 150m in 2019

Nat bad at all. Oil gas will always deliver, but Na for the strong men like una. Me no get that kind liver oooo

alezzy13:


Lol! 3% kwa?

If it truly crashes to that level then it's becoming almost comical. Make them just scrap am Na!!

I am still struggling to understand what they want to achieve by reducing TBills to almost nothing

You are so so open. May God bless you and your efforts.

Does this biz get saturated. What is the simplest and easiest entry point if someone wants to learn the ropes.

ahiboilandgas:
2019 ...we moved a total of 15million litres of aviation fuel 5 million litres of pms for MRS , Onando, ceta , Nigeria airforce using a fleet of 16 trucks ...recorded 3 accidents in april, august and December with insurance paying 80 percent of the loss (7m ,1.5m,5.2m) we also paid tax of about 1.5m and have a wht of ( 5m )....we currently have a court case court against a bus company that hit our tanker....even with the poor Nigeria economy we grossed 150m in 2019

If you look at the it from the lender who has a choice point of view, you can get the general idea of what they aim to achieve. Whether you accept it or not is a different matter entirely.

Emmaesty:
I am still struggling to understand what they want to achieve by reducing TBills to almost nothing

alezzy13:


Nat bad at all. Oil gas will always deliver, but Na for the strong men like una. Me no get that kind liver oooo

u must belong to a particular industry...to tap into the oppurnity...

Exactly, sounds good to be true. In Ibadan of all places for such rent.
Then a 10m with a rent of 1M looks like a very far stretch.

Poanan:


hmm... dont ask the tenants but use someone to act like a prospective tenant. A rent of 1m per annum in Ibadan? Then the cost price is to be negotiated for N10m? a house with a rent of 1m per annum cannot have a market value of N10m. Not like i am trying to say something but look very well.

So investors must try to run small enterprise,thier are more oppurnties outside fixed income or treasury bill with silly return .....we must take minimal risk ,thier notting like zero risk it a fallacy cos devalution can strike unannounced.rate can drop ,bid might fail etc

Why will an investor keep 3 m at 5 percent that 12500k monthly ....when ibrahim bids for benz 1999 from auction sites for 1.1m max and resale for 1.4 making 300k he has sold over 13 unit of Benz 1999 and 2003 model ...

Suprisely a cars wash own by a friend gross 20k daily in lagos ..car are wash for 1k per one ......the total investment no reach 1m

ahiboilandgas:
u must belong to a particular industry...to tap into the oppurnity...

Yeah. I'm still exploring my options.

The agric crowdfunding schemes seems to be doing ok. tho I still dey look am Sha. . .
I've also been following the discussions on real estate keenly here. I have land which I bought yrs back but didn't develop.
Then this eurobond thingy