Friday, May 2, 2014

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5 Interview Questions and Answers that can Guarantee you a Job

Have you ever felt pretty stupid after an interview? You knew without anyone telling that you’ve done woefully. It’s an embarrassing and morale-dampening position to be. But it does not have to e a continued trend; you can equip yourself, not only to impress your interviewers, but to get the job. Adequate preparation is necessary to do well at an interview. It is best you brainstorm likely questions you interviewer would ask based on the industry, company and job requirement. However, based on researches and experiences, there are certain questions most interviewers can’t resist asking like the tricky “Tell me about yourself” question. I’m going to examine five of these general questions and also providing insights on how best to answer them.

Tell me about yourself
This could be a tricky question, as it might be hard to tell what exactly they want to hear or where you are expected to stop. However, please note that the worst way to approach this question is telling the interviewer your life story; they are definitely not interested in that. The best approach is to discuss how your background (skills, education, experiences etc.) makes a you a great candidate.

What are your strengths and weaknesses?
It’s alright to share your strengths, but ensure they are strengths that will help your effectiveness on the job, nobody cares about your cooking skills except you are being interview for a catering job. Also, note that when talking about your weakness, the best approach is to share a weakness that you’ve turned around. For example, you used to be a “latecomer” but have learnt effective time management, such that your punctuality is now being commended by people. Also beware of overused or untrue responses such as, “Well my greatest weakness is that I work too hard and need to learn to take it easy once in a while”. Nobody believes such; tell the truth always.”

Where do you want to be in the next 5 years from now?
Employers want to know if you will be there for the long haul. They need to know you are not just applying for the job because you need money they also to know if you have realistic expectation of your career.
Show them that you’ve done some self assessment and career planning. Let them know that you hope to develop yourself professionally, take on additional responsibilities at that particular company and help the company in any way you can. Avoid absurd statements like “I don’t know” or “I want your job”

Why are you leaving your current job?
Employers want to know the reason for you leaving you current job. Is it simply a money issue or are you looking for `an opportunity to advance your carrier? If your leaving because you don’t like your boss, don’t talk negatively about your Bo, just say you have different work philosophies. If the work has being boring to you simply 8say you are looking for a more challenging position. Discuss the positives that came out of your most recent job-dwell on why you think this new position is ideal for you and why you’ll be great addition to their company.

What is your salary requirement?
An employer, by asking this question, simply wants to know if you have realistic expectations about remuneration, if you want more than they can give and if you are flexible about your expectations. Avoid answering this question in the first interview because you may short-change yourself. Give them a salary range and not a specific amount if possible, let them make the first offer. Don’t readily accept the first offer; there might be room for negotiation. Be sure to take your experience and educational achievements into consideration. Be brief and go straight to the point and be comfortable with the silence that my come after.

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Monday, March 24, 2014

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10 Ways to Avoid a Heart Disease

With doctors offices busier than ever, you are lucky if you get 30 minutes with one, which is why it’s not surprising that even when it comes to our vital organs, the advice we receive especially on heart disease issues can sound somewhat pedestrian. Advices like:
Exercise Regularly,
Watch your Diet,
Don’t Smoke and
Limit your Drinking.
These advices can sometimes sound somewhat quack but they are actually the best of advises.
Is there anything else you should be doing to protect your life and avoid fatal heart diseases? Yes there are numerous things but I’ve streamlined it to just 10 tips or techniques that can help you avoid all sort of heart attacks be it fatal or not. They include:

1.   Do not skip your breakfast. Study has shown that people who do take their breakfast regularly are less prone to heart diseases and heart attacks.
2.       Try to burn at least 50 calories a day doing some strenuous exercises like swimming or hiking or anything of similar activity this helps to burn unnecessary fat around the heart thereby reducing the occurrence of a heart attack.

3.       Meditate for at least 20 minutes a day excluding your normal spiritual meditation. This reduces a lot of mental stress and also helps in putting your blood pressure under control thereby helping you to avoid a heart attack.

4.       Drink a lot and variety of teas and also take water as much as you can but avoid taking excess of it. These liquid substances help prevent heart diseases.

5.       Avoid caffeinated drinks like Coffees, Coca Cola and Pepsi amongst others, they increase blood pressures and a high blood pressure can bring about a fatal heart attack.

6.       Take cereals daily; they contain folic acids that help prevent heart diseases

7.       Stop your sugar intake; swap sugar with honey

8.       Make friends at work. Healthy work relationships help a lot in the control of high blood pressure.

9.       Extramarital affairs increases your risk of a fatal heart attack so avid it.

10.Put these tips to use. Remember your life will benefit more when you have a few heart diseases.

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Friday, March 21, 2014

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The Stock Market | How to Analyze a Company's Fundamentals

A quick way to know what you are buying using all the results posted on Stock Exchange Market, other than the Annual report includes:
1. You will need to know what kind of investor you are. Short term or Long term?
People usually say for long term, price
doesn't matter, but price do help you maximize your gains and minimize your losses.
2. If u want to buy a stock amongst these lists of stocks for example:
Year End results shown on Stock Exchange Market

Outstanding Shares = 2billion units
Current Price=N2
Turnover(2010)=N5.8billion Turnover(2009)=N3.6billion
PBT(2010)=N2.5billion PBT(2009)=N1.1billion
PAT(2010)=N2.1billion PAT(2009)=N700million
Net asset(2010)=N9billion
Net asset(2009)=N7billion
Dividend(2009)=15kobo Dividend

Outstanding Shares=6billion units
Current Price=N1
PBT(2010)=N4billion, PBT(2009)=N6billion
PAT(2010)=N3.5billion, PAT(2009)=N5.2billion
Net Asset(2010)=N48billion, Net Asset(2009)=N51billion. Dividend(2009)=50kobo, Dividend

Outstanding Shares=28b units
Current Price=N20
PBT(2010)=N50billion, PBT(2009)=N45billion,
PAT(2010)=N40billion, PAT(2009)=N35billion
Net Asset(2010)=N200billion, Net Asset(2009)=N196billion
Dividend(2009)=75kobo, Dividend(2010)=100kobo.

Outstanding Shares=12billion units
Current Price=N80
Turnover(2010)=N220billion Turnover(2009)=N180billion
PBT(2010)=N18billion PBT(2009)=N15billion
PAT(2010)=N10billion, PAT(2009)=N11
Net Asset(2010)=N120billion, Net
Dividend(2009)=50kobo, Dividend

Looking at these examples, you can easily calculate
¤ EPS= PAT/(O/S)
¤ PER= Current price/EPS
¤ BV=Net Assets/(O/S);
¤ Dividend Yield= Current Dividend /Current price * 100%.

• O/S is Outstanding Shares
• PBT= Profit Before Tax
• PAT= Profit After Tax
• PER= Price Earning Ratio
Stock A:
¤ Current EPS=N1.05
¤ Current PER=1.9
¤ BV=N4.5
¤ Dividend Yield=25%
Stock B:
¤ Current EPS=N0.583
¤ Current PER=1.7
¤ BV=N8
¤ Dividend Yield=20%
Stock C:
¤ Current EPS=N1.43
¤ Current PE=14
¤ BV=N7.14
¤ Dividend Yield=5%
Stock D
¤ Current EPS=N0.833
¤ Current PE=96
¤ BV=N10
¤ Dividend Yield=0.5%
What to do:
• Look at the 4 stocks and screen them based on their PER. The ones with lowest PERs pass. So I expect U to pick stock A and stock B.
• Then u look critically at stock A and B (based on the results above as shown on the annual report of the SEM). Look at dividend yields of both and ponder on them. If you buy A now at the current price, you will hold A for 4 years assuming that they keep paying the same dividend and at the end of the 4 years, I will almost have the capital I used in buying A. But if I buy B, I will have to hold 5 years based on the dividend. This then calls for your investment period. How long are you ready to hold seeing such juicy dividend yield!?
• Still looking at the dividend, you will see that for A, there is more than a 200% increase in the dividend paid in 2010 and
the one paid in 2009. For stock B,there is 150% decrease in dividend paid in 2010 and that paid in 2009. You may start thinking that stock A is better.
• Using analysis based on book value(BV), You will find out that while stock A is trading at N2, stock B is at N1. But the worth of the company A is N4.50 while the worth of company B is N8. At this point, If you buy A at its current price, then you are paying N2 for a company worth N4.5. That is 125% discount! However buying B would mean that u are paying N1 for a company worth N8. And that is 700% discount.
The question now is which will you buy? Many things will be considered before buying either A or B or even C.

This is the quickest way to analyze a stock before buying. That is for a lameman. But seasoned investors on SMN don't do this. They sleep with the annual report. It takes them time to analyze the annual report and then come up with what to buy. They look at the debts, receivables, turnover,management, cost control measures and everything about the balance sheet. They even compare years of each report before buying and that is for the seasoned investors.
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Thursday, March 20, 2014

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The Stock Market | Dividends

Dividends are returns paid to shareholders of a company out of the profits of the company. They are paid periodically upon recommendation by the board of directors and subsequent approval by shareholders of the company at the Annual General Meeting (AGM).
Types of Payment
Dividends are payed via dividend warrants (a cheque like payment) or bonus issues and are mailed to shareholders or credited directly to their bank accounts if they had previously filled an e-dividend or e-bonus accounts with the company's registrar in which the are happen to be a shareholder.
E-dividend is an electronic transfer of dividends into a shareholder's account without relying on the physical dividend warrant. To, however enjoy the e-dividend facility a shareholder will have to fill an e-dividend authorization
form and submit it to his bank. That way the shareholder is sure to receive dividends in his own private current account.
Ex-Div Period
The Ex-Div date/period is the cut-off date for payment of dividend and also the date upon which the share price trades less the amount of dividend per share that will be paid. As such when a company declares dividends it usually accompany it  with a date of closure of register. Therefore, the shareholders that will get dividends are those that have their names on the register on or before the date of closure of register. Therefore if you make any purchase of share after the ex-div date or period' you will not be paid dividends for that period.
Types of Dividends
There are different types of dividends some of which are cash dividends or script dividends.
Cash dividends are periodically paid out of the profits of a company. Cash dividends can also be paid when the company liquidates, but this dividend will only come up after all the creditors have been settled. Bonus issues are also classified as dividends except that they are not cash payments. They are dividends issued in the form of shares to shareholders which they can now decide to sell in the Stock Exchange Market for cash.
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10 Ways to Ensure Safety at Home

Do you know that over 5,000 deaths and injuries are caused by home accidents yearly? Yet, the home is supposed to be a safe haven.
Most domestic accidents are results of carelessness, complacency and ignorance. We take so many things for granted and only get cautious when we hear of an accident that led to serious injuries and death. Here are some important safety tips to follow:
1. Keep all households products and medicines out of children's' reach.
2. Store medicines separately from household products.
3. Leave all original labels on all products and read the label before and after using.
4. Never give or take medicines in the dark
5. Keep medicines and household products in their original containers. Never transfer to a soft drink bottle or other containers.
6. Never refer to medicines as being "sweet" not minding how good it tastes.
7. Pour liquids on the side opposite the label so the moisture doesn't blur the writing on the label.
8. Avoid taking medicines in front of children as they tend to imitate adults.
9. Be most attentive at peak (busy) periods because that is when home accidents occurs among the children.
10. Stick to these ten important home safety tips 
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Wednesday, March 19, 2014

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The Stock Market | Qualities of a Good Stock Broker

There are numerous qualities that a good stock broker posses but these are the main qualities that qualifies one to be a good stock broker.
1. Consistency: A good stock broker must have a consistent trading history. He must have been in the business for quite a while and must have been known for his consistent skills.
2. Perfect Knowledge: A stock broker that is considered to be good must have the best knowledge of the stock market. He must be familiar with the trends of the market.
3. Advisory Skills: For stock broker to be considered as good, he must posses a great advisory skill. He must be ready to give out good and quality advises to his client during sales and purchases of stocks and shares.
4. Being Concerned: He should not just carry out a purchase or sale of shares requested by his clients but instead look deep into the shares, make a comprehensive research and advise the client before carrying out the transaction.
5. Punctuality: A good stock broker must be punctual in carrying out purchases and sales requested by his clients. A procrastinating stock broker is a bad stock broker because in this fabulous investment category, procrastinations should not be entertained at all because we all know how detrimental it can be when there is an increase or decrease in the price of a share. 
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What a world we live in. The saying ‘it is easier said than done’ is a very true saying. I can remember vividly how happy and joyous I was while my dad was still alive and also hale and hearty. I then felt everything was okay because there was peace and there were no signs of mornings in the family. This peace then inspired me while on a computer to write a post on my blog about those that were depressed due to one negative occurrence or the other which was titled  "MOTIVATION: JUST GET UP AND WIN”. During that post I highlighted some common negative occurrences that brought grave dejection and depression to the soul of people and these includes.

Death of a Loved One
Examination Failure
Career Failure
I have though experienced the second one (EXAMINATION FAILURE) at a point in my life, but I found it so easy to get over just because I was quite young and I learnt my mistakes so fast and also made my weaknesses my strengths.

Let me say fortunately for me I was privileged to have an experience of the first one (DEATH OF A LOVED ONE) because the good Lord doesn’t bring misfortune to his loved ones. It was my dad that passed on to glory. His demise happened just like a wind that blew pass. It happened just within few minutes with no departing sign. He breathed his last on his bed around 10:30pm (Nigerian Time) but efforts were made to revive him because we all found it so hard to believe that he can just pass on like that, but fortunately for us all, all our efforts were futile because God knows best and he has purposely taken him home for a reason that is unknown to us all.

Days after his demise I came across this post "MOTIVATION: JUST GET UP AND WIN" that I wrote exactly a week before his glorious exit. I went through this post again and smiled saying “IT IS EASIER SAID THAN DONE”. I remembered how happy I was while writing the post and compared it to how sad and depressed I am currently. I smiled once again and said even with more affirmation that ‘it is easier done than said’. Then, all sorts of thoughts and speeches of consolation that I had received during the period of his demise started running through my mind. I was happy as well as sad. I was happy because I had a very great assurance that he lived a glorious life and that we will surely meet at the master’s feet to part no more, but I was as well sad because he has created a great vacuum in my heart and also that he never lived long enough to eat the fruit of his labour. It was then that I reasoned with a popular Yoruba saying “e ni kan lo mo” (Meaning-It is only does that are directly affected that knows the weight of a loss) I then nodded again
saying in a confirmatory voice “IT IS EASIER SAID THAN DONE”.

Engr. Olusola Olugbemro Dokunmu
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