KayOn1:


I beg to disagree. It is NOT, especially when it pertains to Nigeria.
My prayer is may " NIGERIA " never happen to any of us again.

lionshare:


As an investor I will blame okomu-oil management; its their job to manage the community and her expectations! They must keep all parties in the negotiation room & end all hostilities. If at all there will be any news its must be a Good news for investors

lionshare:


Here lies my grouse with the initial post; I want to believe you are not Nigerian because if you are then you shouldn't be existing as she should have happened to your existence by now.

Read this very well! There is no perfect country in the world as a matter of fact Nigeria is not any where close to the worse place on earth and Yes a lot of things succeeds here!

lionshare:


Here lies my grouse with the initial post; I want to believe you are not Nigerian because if you are then you shouldn't be existing as she should have happened to your existence by now.

Read this very well! There is no perfect country in the world as a matter of fact Nigeria is not any where close to the worse place on earth and Yes a lot of things succeeds here!

ositadima1:


If I were the management of OkumuOil, I would never give in to extortion. I would beef up security, install motion sensors and cameras on the premises' perimeters. I would employ the military or paramilitary to guard the establishment. I would provide living quarters for the workers and safe transportation in and out of the company.

The community should go and establish their own farm. All this does not mean the host and neighboring communities will not receive some corporate social responsibility, but it should be a voluntary decision and not forced extortion. Kilode!!

KayOn1:


I am full blooded Nigerian but Nigerian did happen to me. I will just leave it at that.

DrAkpamudehe:


Common man, check google na. These are not hidden

ositadima1:


If I were the management of OkumuOil, I would never give in to extortion. I would beef up security, install motion sensors and cameras on the premises' perimeters. I would employ the military or paramilitary to guard the establishment. I would provide living quarters for the workers and safe transportation in and out of the company.

The community should go and establish their own farm.

All this does not mean the host and neighboring communities will not receive some "corporate social responsibility", but it should be a voluntary decision and not forced extortion. Kilode!!

ositadima1:


If I were the management of OkumuOil, I would never give in to extortion. I would beef up security, install motion sensors and cameras on the premises' perimeters. I would employ the military or paramilitary to guard the establishment. I would provide living quarters for the workers and safe transportation in and out of the company.

The community should go and establish their own farm.

All this does not mean the host and neighboring communities will not receive some "corporate social responsibility", but it should be a voluntary decision and not forced extortion. Kilode!!

KayOn1:


I am full blooded Nigerian but Nigerian did happen to me. I will just leave it at that.
I still invest in Nigeria because that's my root and will always be.

lionshare:


As long as you are not 6-ft under the ground, Nigeria is yet to happen to you; should be grateful to Nigeria. Hope is for the living, hopelessness is for the dead - besides, what is the assurance that whatever happened to you here cannot happen anywhere else?

I find it illogical that people are hoping to make money from the Nigeria bourse yet are hopeless about Nigeria. Does this make sense?

KayOn1:


Are you saying the meaning of Nigeria happening to someone means only when the person ends 6-ft under? Haba!
I am grateful to God that I came out alive but we are not talking about hope & hopelessness.

Where do we start? Leah Sharibu, Dangote Cement workers Okpella kidnap of ...

KayOn1:
Transcorp @12. Interesting times ahead.

lionshare:


As long as you are not 6-ft under the ground, Nigeria is yet to happen to you; should be grateful to Nigeria. Hope is for the living, hopelessness is for the dead - besides, what is the assurance that whatever happened to you here cannot happen anywhere else?

I find it illogical that people are hoping to make money from the Nigeria bourse yet are hopeless about Nigeria. Does this make sense?

KayOn1:


Are you saying the meaning of Nigeria happening to someone means only when the person ends 6-ft under? Haba!
I am grateful to God that I came out alive but we are not talking about hope & hopelessness.

Where do we start? Leah Sharibu, Dangote Cement workers Okpella kidnap of ...

lionshare:


All these vices could have happened anywhere call-out those who are responsible without ridiculing country. That you made it out is testament that a lot things succeeds here.

Besides; you should know sentiment = hope & lack of it which is key market driver.

KarlTom:
I just confirmed the Bini and Ijaw are their hosts.
The Okomu plantation happens to be the only major business (aside hotels) in the town so...
Indeed it is well...

KayOn1:


If you know those that are responsible, please tell me o. We have a long way to go.

All we are asking from the Government of the day is sort out the security issues and power and leave the rest for Diaspora Nigerians. 75% or more are ready to head home.

** I don't think that is asking for too much.

ositadima1:


If I were the management of OkumuOil, I would never give in to extortion. I would beef up security, install motion sensors and cameras on the premises' perimeters. I would employ the military or paramilitary to guard the establishment. I would provide living quarters for the workers and safe transportation in and out of the company.

The community should go and establish their own farm.

All this does not mean the host and neighboring communities will not receive some "corporate social responsibility", but it should be a voluntary decision and not forced extortion. Kilode!!

KarlTom:
I share similar sentiment but it's not this easy...

I once referenced the Niger Delta militants in this discourse. Would you honestly say that Shell, ENI, AGIP, TEXACO etc did not have enough money to get these things (security and CCTV) when the expatriates were being kidnapped every other day?
Honestly, I hope the mgt of OKOMU can quickly tackle this before everything goes south.

NB
OKOMU oil plantations, rubber plantations, turbines, mills, etc are scattered on over 15,000 hectares of vegetation (maybe more).
How many battalions of NA will be able to successfully cover such expanse of land

It's a really sad situation to be in...

KayOn1:


Not even the OIC's could secure a much lesser acreage. The company cannot do it. It is the Government's job.

Adinije:
I did same with UBA. I sold 70% of my UBA stock at 26.9. I am hoping to buy back at #21.5 on Monday

I also sold my NAHCO at 36.3, hopefully, I can buy back at #30

Mfunkynation:

it's always luck with this strategy!
I know it's Uba that you are not lucky to grab

vacanci:


How is the Luck doing now. Bought UBA today at N22. and will average down from there, if it doesn't go down, i am fine.

megawealth01:


What nation are you living in?

ositadima1:


Sometimes I don't really understand it. What is poor treatment? If a company employs you and you feel you are not paid enough or the conditions are not suitable, why don't you leave the place or start making efforts to leave? You will still be in the same establishment complaining every year. I see that all the time.

I'm sure OkumuOil did not get those lands for free; they invested in the lands and took huge risks to see the company to where it is today. And you, some lazy, jobless youths, want to tap into that just because your fathers gave birth to you in that locale. The entitlement mentality I see in some people is nauseating.

KayOn1:


And what makes you think it won't dip further considering the all around bad news. The Government has to take security serious. You'll see the effect of Okpella & Okomu attack in the coming weeks when investors start doing their Scenario analysis and portfolio rebalancing after Qtr2. If it can happen to Okomu, ... what stops it from happening to Presco & ...

The synopsis are not looking good, I am afraid.