Philantropists:
Well done to you guys, just incase any of you have property for sale or know anyone selling property in Lekki Phase 1 or 2 I will buy.

My budget is N120 ~ N150 million.
I will give the person N500k commission.
Thanks

DM me.

emmanuelewumi:



80 years old man

Papa Pascal Dozie.

He has worked hard and invested well

that old baba koguna they earn almost 1bn too ? ...why did the man allow diamond to go why not recapitalze?lfrom such earning...

Phyde:

DM me.

i never collect the 500k commission abi u don chance me

ahiboilandgas:
they will close the factory....the poor can sustain the factory

How will they close the factory?
This distributors that keep buying,who do you think they are selling to?Ghosts?
They buy from the factory and sell to owners of bars,clubs,lounges etc...
Now if Nigeria breweries could afford to own all those bars,clubs and lounges throughout nigeria,they will not sell to distributors(the so called rich) again.
They will just produce and distribute to all their shops nationwide and sell directly to the consumers(mostly the poor) making huge profits because they have eliminated lots of sharks in the supply chain and will have more cashflow as nobody will owe them no more because these so called distributors owe them a lot If you don't know
They will do better instead fyi

So this is the process flow from manufacturer to user

Theconglomerate:
How many times will those companies buy the batching machines?
Did they come to this world to buy matching machines?
You make 30m today and jesus will have to come down before you see another one,is that what you call business?
In that same time frame,young shall grow buses are moving poor people in and out of lagos with luxurious bus up and down.
Who is making more money if we liken their capital bases?
This thing you are trying to argue is a business I know too well about,so I wonder why you keep arguing.
Supply today,stay idle for 2 years while those doing everyday business are raping you up and down when it comes to money.

which industry equipment do u sell or have sold b4?....batching machind u buy consumables steady ...if i install 30 units if rx2 ...u buy consumable of over 500k monthly so it not 2 years things

ahiboilandgas:
that old baba koguna they earn almost 1bn too ? ...why did the man allow diamond to go why not recapitalze?lfrom such earning...

He managed the company well, the CEO who took over from him came from First Bank. He also took the bank to greater heights, until he resigned to contest for the governorship of Abia State under APGA unfortunately he lost

His son took over the bank from the CEO who resigned to join politics, unfortunately his son could not manage the business

Based on the acquisition of Diamond Bank by Access Bank, there was a share exchange formula, the Baba was also allocated shares of Access Bank that will give him substantial amount of money as dividends.

ahiboilandgas:
chaii...everbody must not be in Lagos ....i see woman that are not indigenous to Lagos selling items less than 10k as capital , i wonder why all this stress when u can move to enugu and be in old park or ogui road selling same at same price with less stress and cost of accommodation....i cup of ogogoro of 30 naira will be same 30 naira in enugu....i think over 5 million dont have any jusification to add to the burden of Lagos

Saw a little girl resting under the bridge around Mile 2 after hawking pure water under the sun. I was in a bus on traffic and called her to get one. I asked her, what is the total startup and profit for the day, she said 1,600. I just gave her the 1600 to go home as rest for that day. Not really easy for some in Lagos.

ahiboilandgas:
which industry equipment do u sell or have sold b4?....batching machind u buy consumables steady ...if i install 30 units if rx2 ...u buy consumable of over 500k monthly so it not 2 years things

You sell batching machine daily?
Is that what you are trying to say?
I was in machinery lease over 10 years ago(as a employee) when the so called rich will come and hire your machine for 3 months work.
They will hire all sorts of machines from you;
Swamp bogey,bulldozer,grader,loader,porter-char,etc...
You will see daily rate of 2million a day×60days=120,000,000naira.
You will be seeing your money only on paper while you are getting drowned in bureaucracy to get paid.
Go and collect the money na?
Nothing beats everyday business where you sell to the poor,absolutely nothing.

9jatriot:
So this is the process flow from manufacturer to user

identify the rich people in this process in alphabetic...jamb question...or who get rich

When you are old the best thing is to have investments that will give you steady returns. Why should he use his own money to recapitalised non performing loans.

Access Bank is crazy they are currently recovering some of the bad debts


Na CEO of Access dey even lead the debt recovery exercise

ahiboilandgas:
identify the rich people in this process in alphabetic...jamb question...or who get rich

The farther you are from the end user the richer you are. This is applicable to all industries except few like IT.

Theconglomerate:
You sell batching machine daily?
Is that what you are trying to say?

the bactch and coding machines need consumable to work ...it like a industrial printer ....u buy cartridges,inks etc ...10 m naira consumable will not be enough for dunfil to produce indomie per months acrosa the factories....if u buy a photocopy machine ..u no go buy inks or if u buy printer...do u ever stop buying catt in a printing press

emmanuelewumi:
When you are old the best thing is to have investments that will give you steady returns. Why should he use his own money to recapitalised non performing loans.

Access Bank is crazy they are currently recovering some of the bad debts


Na CEO of Access dey even lead the debt recovery exercise

whoa some of my niggaa abused the credit card .....wahala dey

ahiboilandgas:
the bactch and coding machines need consumable to work ...it like a industrial printer ....u buy cartridges,inks etc ...10 m naira consumable will not be enough for dunfil to produce indomie per months acrosa the factories....if u buy a photocopy machine ..u no go buy inks or if u buy printer...do u ever stop buying catt in a printing press

I see,now you fall back to my point.
Now you are getting excited because you are housed in dufil-prima factory doing this work for them.
What if they replace you with someone else?Your oga's machine become useless.
Also know that some people also print for the general public(poor people) in their shops that your oga can't stand them money wise.
They print for occasions,birthdays,weddings,etc...

Theconglomerate:
You sell batching machine daily?
Is that what you are trying to say?
I was in machinery lease over 10 years ago when the so called rich will come and hire your machine for 3 months work.
They will hire all sorts of machines from you;
Swamp bogey,bulldozer,grader,loader,porter-char,etc...
You will see daily rate of 2million a day×60days=120,000,000naira.
You will be seeing your money only on paper while you are getting drowned in bureaucracy to get paid.
Go and collect the money na?
Nothing beats everyday business where you sell to the poor,absolutely nothing.

let me help u ...not related what u are saying ...

Theconglomerate:
I see,now you fall back to my point.
Now you are getting excited because you are housed in dufil-prima factory doing this work for them.
What if they replace you with someone else?Your oga's machine become useless.
Also know that some people also print for the general public(poor people) in their shops that your oga can't stand them money wise.
They print for occasions,birthdays,weddings,etc...

i dont work with him..my oga
.mean people i look up to in business world mainly elderly people

I don't know the order, but I reckon that dealers make more money than manufacturers, then distributors, then retainers and then sellers.

suppliers are in categories. The type of suppliers you are trying to describe are the big rich suppliers, there are other poor suppliers who mostly supply raw materials.

Wiseoldman:


The farther you are from the end user the richer you are. This is applicable to all industries except few like IT.

Theconglomerate:
I see,now you fall back to my point.
Now you are getting excited because you are housed in dufil-prima factory doing this work for them.
What if they replace you with someone else?Your oga's machine become useless.
Also know that some people also print for the general public(poor people) in their shops that your oga can't stand them money wise.
They print for occasions,birthdays,weddings,etc...

it not for the poor or weddings ...na for processing company's food and pharmaceutical

ahiboilandgas:
it not for the poor or weddings ...na for processing company's food and pharmaceutical

well it seem I don't know about this batxhing machine well.

9jatriot:
I don't know the order, but I reckon that dealers make more money than manufacturers, then distributors, then retainers and then sellers.

suppliers are in categories. The type of suppliers you are trying to describe are the big rich suppliers, there are other poor suppliers who mostly supply raw materials.

there are no poor suppliers to big companies...a truck load of molasses used by Nbplc cost 12m

What of those that supply water tanker or maize?

ahiboilandgas:
there are no poor suppliers to big companies...a truck load of molasses used by Nbplc cost 12m

Theconglomerate:
well it seem I don't know about this batxhing machine well.

take a pack of Any thing look at some bar codes used in scaning for prices at check out counter in supermarket that what it does ....so even yor tomatos business if u stop selling to the poor and start grinding and repackaging and i supply u code machines to seal ,print info on the products and sell to the rich (dealers)...we will become rich

emmanuelewumi:
When you are old the best thing is to have investments that will give you steady returns. Why should he use his own money to recapitalised non performing loans.

Access Bank is crazy they are currently recovering some of the bad debts


Na CEO of Access dey even lead the debt recovery exercise

That may be the reason why some companies are inviting investors at 5% intrest to pay off loans

ahiboilandgas:
take a pack of Any thing look at some bar codes used in scaning for prices at check out counter in supermarket that what it does ....so even yor tomatos business if u stop selling to the poor and start grinding and repackaging and i supply u code machines to seal ,print info on the products and sell to the rich (dealers)...we will become rich

Hmm I see.
So it prints just bar codes on items?

9jatriot:
What of those that supply water tanker or maize?

truck of maize is how much Bleep million ....Nb can buy water from tanker na unserious company dey buy water....there automated plant in iganmu is top notch and they may need million pf litres of treated water to make beer...

emmanuelewumi:
When you are old the best thing is to have investments that will give you steady returns. Why should he use his own money to recapitalised non performing loans.

Access Bank is crazy they are currently recovering some of the bad debts


Na CEO of Access dey even lead the debt recovery exercise

Theconglomerate:
Hmm I see.
So it prints just bar codes on items?everthing on the item batch number ,design etc

na 4m each....nfm bougt 80 pcs currently working

Barrytone:

Please see below, the indicative terms of the proposed offer:
Issuer Dangote Cement PLC
Description: Series 15 Series 16
Tenor: 175-days 266-days
Target Size:
Up to ₦50.0billion across both tenors
Discount Rate (%): 4.8833% 5.7492%
Implied Yield (%): 5.0000% 6.0000%
Offer Open Date: Thursday, 14 May 2020
Offer Close Date: Wednesday, 20 May 2020
Allotment Date: Wednesday, 20 May 2020
Issuer Rating: Aa2 (Moody); AA+ (GCR)
Minimum Subscription: ₦5.0million
Tax Consideration: Free and clear of withholding taxes

Like this

ahiboilandgas:
na 4m each....nfm bougt 80 pcs currently working

But there is something I still don't understand.
Why didn't the company just buy off the machines and take over its operation?
Why contract its operation to the supplier of the machine?

emmanuelewumi:



The unit price of the most expensive thing sold by Dangote is about N3000, but the revenue made is in hundreds of billions.

When MTN and Econet now Airtel came to Nigeria, the lowest card by MTN was N1500, while the lowest card by Airtel was N1000.

Glo came and disrupted everything, which made them to crash the lowest card to N100.

From the minimum card of N100, MTN made a total revenue of over N1 Trillion from both voice and data in 2019.

A lot of people are poor, any product that will satisfy the needs of the poor will definitely produce money.

Check out the volume of transactions that will take place in Nigeria, if some Chinese Investors come to Nigeria to build a minimum of 200,000 housing units at an average cost of less than N5 million. They have access to cheap finance, manpower and raw materials

The bolded hit me like a bomb. Thank you sir.

Theconglomerate:
But there is something I still don't understand.
Why didn't the company just buy off the machines and take over its operation?
Why contract its operation to the supplier of the machine?

if u buy photocopy machine u no go buy paper contnuesly