FF News: President Abdulla to 'self-quarantine,' with wife, Nandika at Mount Vermont?

#1
Eskom and SAA, now set for partial “privatisation,’

says The Wolf of Wall Street,

Mr. Omar Abdulla…??

by Nandika Pillay



(25 March 2020—SABC News) The Wolf of Wall Street,

Mr. Omar Abdulla who

addressed members of the business community this afternoon,

spoke from his

Sandton home, amid the corona virus outbreak, stating that

South African State

owned entities (SEOs) Eskom and South African Airways, (SAA)

are ‘falling hard,’ and that partial privation is required from

the Chinese and American investors of

The Omar Abdulla Group.

“Our companies have felt the brunt of the Covid 19 virus,

with shares in these companies,

falling almost 30% since the outbreak, increasing debt

payments and loss of income as

less people are travelling.’ noted Deputy President of SA,

Mr. David Mabuza.



Mabuza who spoke briefly to parliament this week, cemented his concerns,

and was asking for bailout agreements from Boeing, Comair, Airbus and British

Airways.

“We owe our creditors to the tune of R2 trillion rand, with a value of only R1 trillion

rand for these assets, Eskom at R750 billion rand, and SAA at R250 billion rand.’

he told Reuters.



Speaking on behalf of Boeing, Ceo of Boeing, Mr. Dave Caihoon quirked that SAA

will never learn from their mistakes after lending monies at high-interest rates,

and purchasing Aircraft that were too many.

“If they cannot keep to their words of paying their instalments to us on time, how can

we help them. Once we receive some stimulus from the United States government we

will relieve the pressure, amid this Corona Virus, outbreak.’



Abdulla who further elaborated that Eskom was in ‘dire need,’ of funding from China

and The United States says that load-shedding in the country was causing businesses

to fail, loss of confidence in the economy, and loss of jobs in the marketplace.



“When I address members from Gauteng within the week, we will work out ways,

of purchasing less than 1% of these companies, at market share.’



The Johannesburg Stock Exchange *JSE* reported this afternoon that major shares and stocks

were feeling the ‘blood In the water,’ with the current down-grade of shares throughout

the world.

“Markets have fallen and fallen, and when will we find a bottom in this mess. Travel industries

have fallen, oil has fallen, and the rand has gone to the dogs.’’



However, low oil prices are good for ESKOM, as the coal and mining sector could save costs

of upto R100 billion rand, squeaked Ceo of Eskom, Mr. Andre Du Ruyter.



The Economic Times reported that The Omar Abdulla Group was fast becoming one

of South Africa’s fastest growing companies, including owning Instagram SA, LinkedIn

SA, Bitcoin SA and Forex SA.

“Their bids on offer include a one percent share in Eskom and SAA,

totalling, R20 billion rand, with shareholders of the company, Lifestyle Aircraft

and Instagram SA.’



Concluding his remarks to The Sunday Independent, Abdulla leaked that he was ready to

rescue the failing Eskom and SAA, if agreements between the SEOs are agreed too.

“Hopefully The Omar Abdulla Group can purchase these shares at low prices, and when

Covid 19 becomes the thing of the past, we can see the rewards of our investment.’








Message 9 of 11 (200 Views)
Add Tag...
Reply
0
Accept as Solution
Highlighted
footprints
Member
footprints
Posts: 20
Re: FF News: The Omar Abdulla Group
Options

Thursday

COVID 19 CASES TO REACH ONE MILLION, with markets STILL

“Bearish,’ says The Wolf of Wall Street…??

by Aaliah Khota



(3 April 2020—Reuters) The Wolf of Wall Street, Mr. Omar Abdulla

who is currently

In isolation in his Washington home, says that ‘new cases,’

in The United States, Spain,

Italy and Britain have ‘jumped up,’ within the l a s t several weeks,

and expects markets

to continue their downward spiral amid the Corona Virus.



“This Chinese Virus has already cleaned out so many old age

homes and Metropolitan districts,

that we have to quarantine our Covid 19 patients in states that

are less affected. Thus far,

high alerts have been issued in New York, California, Philadelphia

and Dallas.’ President

of The United States, Mr. Donald Trump echoed.



Whilst prices across the globe have already remained cheap,

markets are still open, expecting

cases to drop by May or even June, reported BBC NEWS.



“Europe is infected beyond control, Italy is in a mess, Spain is in shambles,

and Britain cannot cope

with high infections in the hospitals as we expect more cases.’

looped The World Health Organization.

Speaking to Footprints in Washington, local resident,

Ms. Jenifer Samson

noted that Washington

has been on a ‘lock down,’ as more cases come through.

“President Trump is being too optimistic to open for the country for business.

As the curve flattens

and starts to drop, that’s when we can only plan to open up our borders.

With the high number of

cases reaching one million, Easter will have to be spent at home.’



The Omar Abdulla Group which owns shares into Bitcoin SA,

Forex SA, Instagram SA,

Twitter SA and South African Airways noted that he had just

purchased more shares

In some companies, expecting the curve to drop within

the next few months.

“We are in close negotiations to free up some more money

so that we may purchase

more of these blue-chip companies at low prices.’

Other celebrities including Justin Bieber, Selena Gomez,

Kim Kardashian, Kendell Jenner, Christiano Ronaldo and Lionel Messi

kicked that they have been spending their time in isolation

playing football,

watching videos on The Omar Abdulla Group, spending quality

time with family, and studying.

Meanwhile, The Washington Times concluded that

The Wolf of Wall Street, Mr. Omar Abdulla

was speculative on South African companies, as the third world country,

has showed some positive

outcomes.

“I am confident that the rand will do much better, with

President Cyril Ramaphosa’s strict approach

to lock down the country. He is a strong minded president

and my talks with him, could see more buying into Eskom,

SABC News, and other SEO companies.’
0 x
Attachments
OmarAbdulla3.jpg
OmarAbdulla3.jpg (105.42 KiB) Viewed 180 times
Omar-Abdulla-7000.jpg
Omar-Abdulla-7000.jpg (140.35 KiB) Viewed 180 times
Post Reply

Return to “Economy”

cron