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The cheapest stock in an overvalued market may still be overvalued |
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The cheapest stock in an overvalued market may still be overvalued |
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I think he will be cuter if he is on orange! ![]() ![]()
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For every buyer there is a seller, and the future will prove one of them to have made a mistake.
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This is an example: If I open a bid for the construction of X km of road, I will get their quotations. You will tell your front to submit their quotation having a lower value than Maybe(Julius Berger) and having the same specifications of the road,materials to be used etc. Then you knock off the main contractor that will do the job. If a job is meant to be done with N30b. You will need to budget like N30b plus a certain percentage for unforeseen changes that might occur. That unforseen changes will be pocketed. Then I will press on the contractor to reduce standards/quality. If the road thinkckness is to be 8 inches thick, you may tell them to make it 4 inches. This is a savings from material, labour and time! If the road is to be X km long, you may reduced it by some measurement and you will have savings from material, labour and time. If the road is to be Y metre wide, you will reduce it by some measurement and you will have savings from material, labour and time. At the end of the job, you will be earning more than the contractor doing the job for doing NOTHING! There is no standard, no supervision. There is Nothing!
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For every buyer there is a seller, and the future will prove one of them to have made a mistake.
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The cheapest stock in an overvalued market may still be overvalued |
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__________________
The cheapest stock in an overvalued market may still be overvalued |
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__________________
The cheapest stock in an overvalued market may still be overvalued |
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__________________
The cheapest stock in an overvalued market may still be overvalued |
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I sorry for this country.
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Align yourself with stocks that pay dividend so that if e no vomit, e go shit -ORACLE |
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during the time of waziri, there was so much impunity toward curruption. that was when we had the worst type of plea bargain by Igbinedion.
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Align yourself with stocks that pay dividend so that if e no vomit, e go shit -ORACLE |
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"If you don't have ambition, you shouldn't be alive." Aliko Dangote |
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THEWILL - Expanding the National Conversation - DEPRIVATION & DERIVATION PRINCIPLES: WHY THE NORTH IS POOR (I)
Interesting write up but with a lot of mix ups in geography and some oil block ownership.. Enter South Atlantic Petroleum Limited (SAPETRO). South Atlantic Petroleum (SAPETRO) is a Nigerian Oil Exploration and Production Company that was created in 1995 by General T. Y. Danjuma. General Sani Abacha awarded the Oil Prospecting License (OPL) 246 to SAPETRO in February 1998. Enter AMNI (or is it AMIN?) International Petroleum Development Company. AMNI owns two oil blocks – OML 112 and OML 117. In the production sharing contract, AMNI gets 60% for owning the oil block and Total gets 40% for providing technical advice. OML 112 was awarded on the 12/02/1998 while OML 117 was awarded 06/08/1999 all by Gen. Abdulsalami Abubakar. Operations started on both blocks 0n 26/02/2006. The licenses are due to expire 11/02/2018 and 05/08/2019 respectively. (Now you see why the next election is important?). The Okoro and Setu fields in OML 112 are operated by Afren Energy, a company substantially controlled by Rilwanu Lukman. The Okoro and Setu oil fields have about 50 million barrels in reserve and currently produce/exports just a little below 20,000 barrels per day. The chairman of AMNI International Petroleum and Development Company is Alhaji (Colonel) Sani Bello a Fulani from Kontagora, Niger State. Lest I forget, Alhaji Bello’s son- Abu, is married to General Abdusalami Abubakar's eldest daughter. Enter Oriental Energy Resources Limited, a company owned by Alhaji Mohammed Indimi, a Fulani and close friend of General Ibrahim Babangida. Also worthy of note is that General IBB’s first son is married to Alhaji Mohammed Indimi’s daughter – Yakolo Indimi-Babangida, who also serves as a director in the company. Alhaji Indimi hails from Niger State Oriental Energy Resources Limited runs three oil blocks: OML 115, the Okwok field and the Ebok field. OML 115 and Okwo are OML PSC, while Ebok is an OML JV. All of them crown offshore oil blocks. OML 115 on its own is 228 sqKm. On OML115 Oriental Energy Resources Limited has 60 per cent while Equity Energy Resources AS, which Alhjai Aliko Dangote’s oil and gas investment vehicle has 40 per cent (Aliko Dangote is from Kano). On Okwok, Addax has 40% and on the Ebok field, Oriental Energy Resources shares with none: its 100%. AMNI produces twice as much as Cavendish Petroleum. Enter Express Petroleum and Gas Limited floated by Alhaji Aminu Dantata, solely for the purpose of fronting for winning oil block(s) even though he and the company are in no way qualified for the award. General Abacha awarded him OML 108 on the 1st of November, 1995. But come o.. KOD, where una dey when these people were sharing the whole of the oil in Niger delta among themselves?
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“The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.”-William Arthur Ward Last edited by cashrules; 28th February 2012 at 11:25 AM. |
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This is the root of Boko Haram and why the Northern oligarchy wants to maintain the number one position at all costs. That informed the so-called 'northern consensus candidate' concuction. But these rogues are in for the worst surprise of their lives. If they like let them employ the Arab suicide bombers, they've lost it already. |
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The truth is that if Nigerians want to move forward they need to start telling themselves the truth. Everyone who committed treason needs to have their award stripped, they need to be tried and sentenced to death (they could then be pardoned), every economic decision carried out by these governments that benefitted individuals needs to be reversed, this includes allocation of oil blocks, land and other concessions because the governments were illegal thus decisions taken illegal. Do this and you send a strong message that we as a society respect laws irrespective of time, but as long as you celebrate rebels and coup plotters your laws will forever remain a joke.
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"If you don't have ambition, you shouldn't be alive." Aliko Dangote |
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The Knight of Delta "Pursue excellence and success will follow, pants down" - Ranchoddas Shamaldas Chanchad "People do not have to believe in you for you to succeed. Work hard. When you succeed, they will believe." - Stephen Keshi |
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What we need right now is to develop a vibrant private sector that will dwarf the Nigerian Government. We need companies that can have better credit ratings than Nigeria. UBS Warburg's asset base dwarf the GDP of Switzerland...
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The Knight of Delta "Pursue excellence and success will follow, pants down" - Ranchoddas Shamaldas Chanchad "People do not have to believe in you for you to succeed. Work hard. When you succeed, they will believe." - Stephen Keshi |
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