Relationship is like the stock market,
You trade value for more capital appreciation or dividends.
Make sure you are bringing value to your partner. You cant keep collecting and not giving back.
@BlessedGirl001
I won't come here to tell you sales is easy anywhere. Sales is exhausting.
Every industry has its own pressure. The targets may look different, but the demands are the same.
So don't assume that if you move to another company that things will suddenly become easier. Most times, it's the same pressure wearing a different uniform.
I see the messages in my inbox. I see the struggle with the weight of targets, rejections, pressure, uncertainty, and the daily grind that comes with the job. I understand because I've been there too. The least I can do is to encourage you, give you tips on how to come out from difficult situations.
But again my advice here is simple: stop seeing sales as just a job for survival. See it as a lifestyle and a means for more.
The people who thrive in sales are not always the most talented. They are often the ones who learn how to embrace the process, stay consistent, and keep showing up even when things are not going their way.
With sales experience, you can learn how to create opportunities for yourself.
This is where the real value lies.
Sales is very funny and unpredictable.
I know an RM on BO grade that was struggling in Bank A with the constant threat of she will be sacked due to non performance, she managed to secure a move to another Bank on SBO grade level.
When she moved to the new Bank, she became a superstar.
Wrong work environment could just be the reason why you're struggling.
One reason why you should never FOMO is that there will always be opportunity in the market.
You missed TIP’s dip?
There was an MTN dip waiting in front.
You missed Mtn’s dip?
There was a fidson dip waiting for you.
If you miss Fidson’s dip, there will still be more opportunities where you can deploy your capital.
Never be in a haste, never FOMO
Don’t put yourself under unnecessary pressure to invest.
If it’s really not convenient for you to invest now, tomorrow you will still find opportunities.
Be WISE!
Davido’s recently deleted social media post may have been a temporary lapse in corporate discretion, but for the Nigerian capital market, it provided the most definitive receipt of the year.
By posting a picture of the unexecuted private placement form for the Dangote Petroleum Refinery & Petrochemicals FZE, the Afrobeats star accidentally handed the market the exact coordinates of Africa's most anticipated listing.
While the form itself was blank, the printed offer parameters were highly telling: the private placement is structured around 3 billion ordinary shares priced at $0.35 (35 cents) per share.
Here is the breakdown of what this leak means for the upcoming Initial Public Offering (IPO) and the valuation of the refinery.
The Private Placement Valuation Math
Using the prevailing exchange rate of ₦1,373 per US Dollar as a benchmark, we can calculate the exact domestic cost basis of this early-stage capital round:
1. Price Per Share (In Naira):
$0.35 × 1373 = ₦480.55
One pre-IPO share is priced at approximately ₦480.55.
2. Total Value of the Private Placement Tranche:
The total value of this specific 3-billion-share private offering is approximately **₦1.442 Trillion** (roughly $1.05 billion).
Narrowing the IPO Pricing Band
In corporate finance, private placements executed ahead of a public listing are typically offered at a strategic discount (usually ranging between 15% and 30%) to compensate early anchor investors (such as possibly his friend Femi Otedola, who has reported requested a $100 million stake) for illiquidity and execution risk.
If ₦480.55 represents the discounted, pre-IPO entry level, we can logically project the public listing price on the Nigerian Exchange (NGX) to land within the ₦600 to ₦800 per share corridor.
This pricing strategy has major implications for the market:
1. Democratic Market Liquidity: At ₦600 to ₦800 per share, the stock remains highly accessible to retail investors. Unlike elite, high-priced peers like Seplat (which recently crossed the ₦10,000 milestone) or Aradel (trading above ₦1,200), a sub-₦1,000 entry price ensures massive retail volume, deep order books, and healthy post-listing liquidity.
2. Implied Total Valuation: If Dangote Group plans to float approximately 10% of the refinery’s equity to raise up to $5 billion, a private placement of $1.05 billion (representing ~2% to 2.5% of the company at this stage) aligns perfectly with the target overall valuation of $40 billion to $50 billion.
The Wolf’s Verdict
The leak confirms that the valuation of the Dangote Refinery is not built on speculative hype but on precise, dollar-denominated assets.
Buying in at the private placement rate of ~₦480.55 is a structural advantage, but even if retail investors have to wait for the official public listing in the ₦600 to ₦800 range, the long-term outlook remains incredibly robust. Given that the refinery is already operating at a massive scale and generating USD-equivalent revenues (with dividends promised in USD despite buying in Naira), this will undoubtedly become the anchor asset of the Nigerian capital market.
The speculation is over. The pricing corridor is set. Position your cash reserves accordingly before the September bell rings.
The game is the game. 🐺