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Ayomiposi
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Ayomiposi
@shiley__
Caught in the echoes of where worlds blur.
Between being and beyond. เข้าร่วม Nisan 2017
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Ayomiposi รีทวีตแล้ว
Ayomiposi รีทวีตแล้ว
Ayomiposi รีทวีตแล้ว

@komo1_teslim TBH too I actually think it's going to be 30 days sha.. and if that happens then Monday also deserves to be a public holiday.. No be our fault say them rush go declare holiday now
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I’ll begin my masters program with a fully funded scholarship before the end of the year.
Eno 🇺🇸 🇬🇧 🇨🇦 🇫🇷 🇵🇹@mydearenomfon
I’ll begin my masters program with a fully funded scholarship before the end of the year
English
Ayomiposi รีทวีตแล้ว

I no fit know am!!! If you like open my brain 😩😩😩
Kolapo Imãm▫️@PiousGeek
This is just a sneak peak 😂
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Ayomiposi รีทวีตแล้ว
Ayomiposi รีทวีตแล้ว
Ayomiposi รีทวีตแล้ว
Ayomiposi รีทวีตแล้ว

BUA Foods:
✑ Market value: $9.9bn
✑ Total assets: $956mm
✑ Revenue: $980mm
✑ Asset turnover: 1.03x
MTNN:
✑ Market value: $9.4bn
✑ Total assets: $3.4bn
✑ Revenue: $3.4bn
✑ Asset turnover: 1.00x
Dangote Cement:
✑ Market value: $8.6bn
✑ Total assets: $3.9bn
✑ Revenue: $2.9bn
✑ Asset turnover: 0.74x
Airtel:
✑ Market value: $5.9bn
✑ Total assets: $13.4bn
✑ Revenue: $6.2bn
✑ Asset turnover: 0.46x
BUA Cement:
✑ Market value: $4.5bn
✑ Total assets: $1.2bn
✑ Revenue: $788mm
✑ Asset turnover: 0.65x
Seplat:
✑ Market value: $4.5bn
✑ Total assets: $6.2bn
✑ Revenue: $2.9bn
✑ Asset turnover: 0.47x
☞ The coy with the least assets and revenue, BUA Foods, is the most capitalised company on the NGX. There are questions about BUA Foods’ price discovery, but the company is the fastest-growing among names on the list. It is also the most efficient in terms of its ability to sweat its assets (which can be attributed to positive economics associated with its business, e.g., market structure, pricing power, distribution strength, bargaining power over customers)
☞ Airtel is the least in terms of sweating its assets out, and when compared to MTNN. If I strip out “goodwill” from Airtel’s balance sheet, the asset turnover improves to 0.6x. But I won’t. The original asset turnover of 0.46x is what I’d work with because it tells me that Airtel probably overpaid for previous acquisitions (if your “goodwill” cannot translate to much more revenue for me, then there may be a problem with the price I paid).
Generally, any disparity between the total assets, revenue, and market value dynamics of companies typically rests on the following:
1. Revenue growth rate: stage of business lifecycle. Also influenced by industry structure and the bargaining power of the business
2. Profit margins, influenced by pricing power and business model
3. Level of investment requires: how heavy are working capital requirements and capex
4. Indebtedness: what is the capital structure of the company
Once you evaluate companies within these contexts, you can easily identify which of them may be mispriced.
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Ayomiposi รีทวีตแล้ว
Ayomiposi รีทวีตแล้ว
Ayomiposi รีทวีตแล้ว

By my calculation, if the ICAN MAy 2026 diet exams holds May 12 - 14, you will have 92 days to prepare. If it holds May 19 - 21, you will have 99 days to prepare.
Since there are 24 hrs in a day, you will have between 2,208 hrs and 2,376 hrs. If you choose to spend at least 3 hrs daily studying, you would get between 276 hrs and 297 hrs.
The recommmended study time is 300 hrs.
You would also need to have a detailed study plan and strategy for each ICAN paper. Distribute the available hours based on the weight of each syllabus. The hours should also be split between reading and practicing past questions.
Are you writing the ICAN May 2026 diet exams?
Not early to start.
Make each hour count.
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