Opinion article by Duke of Shomolu, Joseph Edgar
*Never lose focus* *Grow in self-confidence*– Still doesn’t have a sense of belonging in the circle he plays.
*Don’t be hasty* – He went to Arise to call him my friend when the coup was still unfolding.
*Surround yourself with experience and reach -* Tony, because of his lack of self-confidence, has surrounded himself with inexperienced yuppies who can’t see the game clearly but who see him as their idol. The only experienced hands I can see there are Sam, Ugo UBA CFO and Mr Nnorom. But can Mr. Nnorom pick the phone and make things happen? Val is distracted with politics and he has sacked Obinna. Basically, what we are seeing is a pseudo Key man risk.
READ ALSO: Our Duke has gone mad again… Edgar makes a very strong case for recolonisation
*Be expansive in benefits* – You can’t buy a stock at N6 and keep it at N1.49k for years and be gallivanting and shouting -‘Africa is in your hands’. Suffering shareholders were happy at the coup because for the first Rone in 6 years the price was moving.
*Forget about the gallery in a game-* Ego, pride, and the rest played a huge role in this humiliation. I would have walked out of that Transcorp with my head held up high. Remember the Apple founder who left.
Buying back the stock at x4 smells of desperation and helplessness. I would have walked. Simple.
READ ALSO: Our Duke has gone mad again… Edgar recounts the day Osa plotted a coup against him
*Don’t lie to yourself* – All Transcorp press releases and official statements are all bull shit. Read them, and you wonder if they see us as idiots
The first statement said that Otedola’s coming in is a show of confidence in our leadership… even boy-scout will never believe that line….
*Learn to make hard decisions -*Tony should sack his financial advisers, who didn’t see this coming even though the market knew this day would come from over 4 years ago.
READ ALSO: Our Duke has gone mad again… Edgar recalls the Mallam with the ‘charm’ and his quest for ‘illicit s3x‘
*Overhaul United Capital immediately* Because more of this will happen. Other Lions have seen his weakness and they will certainly try themselves. That’s how the market works. He should strengthen himself by rebuilding his fences.
*Consolidate your backyard* *before chasing the world-*Dangote has more justification for world conquest, but the man is inside Lekki building his refinery. The world tours like Michael Jackson should end now. Focus and rebuild Transcorp. Leave the United Nations and Davos for political leaders.
READ ALSO: Our Duke has gone mad again… Edgar weighs-in on the perceived ‘marginalisation’ of Igbos
*Dismantle the cult of yes-men* Around you and draw closer to people who will stare you in the face and tell you the truth.
In the last 4 months, I have written over 4 articles on Tony both in Thisday and WhatsApp shouting o. But did the world listen? It was Edgar you were looking for his attention. You want him to give you sponsorship, etc.
Please go back to the articles, and you will see the warning signs.
One that I shouted is that he had weakened UBA to the point that we didn’t even know who the MD of UBA was and look at it now, would UBA have been able to match Otedola in a long drawn out financial war?
Enough for now. As he licks his wounds, let others learn.
Thank you
*Duke of Shomolu*
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