for those who care or who have oando.
the stock final bustop 133.60 and it will be so for along time

yMcy56:

Good thought.
This is how it should be......
Even if it now falls a bit lower than pick up price, it will always come back up and move to green zone....😊

Sometimes while waiting endlessly, someone else will just appear from nowhere to clear the offers....
It happened yesterday in FMN and used to happen on different occasions.

please how much dividend did FMN Paid

RodgersAkpafu:


I would like to add some perspective on this very good point you raised with respect to dividends and asset valuation

You see, whether you like it or now, part of the reason WHY that is the case is because we live in a LOW TRUST SOCIETY.

So investors will rather take the dividends that they can see and touch with their two eyes, than take a chance at retained earnings for 10 years straight for reinvestment that could then lead to massive capital appreciation in the next decade.

Long story short
whether we like it or not, most of us don't trust the management or regulatory oversight in totality

when management is telling you that we wanna retain all earnings for capital reinvestment, a Conventional Nigerian will be suspicious

2006-2008 period is still fresh in our mind
the results were "good"
but wetin happen las las?
till date most companies have not attained those highs of that period

and this is almost 16 years going


My thoughts sha
thank you

Japaul, Daarcommunication and starcoms come to mind

DON'T ARGUE WITH DONKEYS

"The donkey said to the tiger:
"The grass is blue."
The tiger replied:
"No, the grass is green."
The discussion heated up, and the two decided to go to the lion, the king of the jungle.
Already before reaching the forest, where the lion was sitting on his throne, the donkey began to shout:
"His Highness, is it true that the grass is blue?"
The lion replied:
"True, the grass is blue."
The donkey hurried and continued:
"The tiger disagrees with me and contradicts and annoys me, please punish him."
The king then declared:
"The tiger will be punished with 5 years of silence."
The donkey jumped cheerfully and went on his way, content and repeating:
"The grass is blue!"
The tiger accepted his punishment, but he asked the lion:
"Your Majesty, why have you punished me? After all, the grass is green."
The lion replied:
"In fact, the grass is green."
The tiger asked:
"So why are you punishing me?"
The lion replied:
"That has nothing to do with the question of whether the grass is blue or green. The punishment is because it is not possible for a brave and intelligent creature like you to waste time arguing with a donkey, and on top of that come and bother me with that question."
The worst waste of time is arguing with the fool and fanatic who does not care about truth or reality, but only the victory of his beliefs and illusions. Never waste time on arguments that don't make sense... There are people who, no matter how much evidence and evidence we present to them, are not in the capacity to understand, and others are blinded by ego, hatred and resentment, and all they want is to be right even if they are not. When ignorance screams, intelligence is silent. Your peace and quietness are worth more."


That somebody is bashing a stock does not make him a donkey

That somebody is hyping a stock does not make him a tiger

my advice to the people ruling us

lessons for those ruling us
At their Peak, they rule, chase other animals, catch, devour, gulp and leave their crumbs for hyenas. But age comes fast.

The old Lion can't hunt, can't kill or defend itself. It roams and roars until it runs out of luck. It will be cornered by the hyenas, nibbled at and eaten alive by them. They won't even let it die before it is dismembered.

Life is short. Power is ephemeral. Physical beauty is short-lived, I have seen it in lions. I have seen it in old people. Everyone who lives long enough will become weak and very vulnerable at some point.

Therefore, let us be humble. Help the sick, the weak, the vulnerable and most importantly never forget that we will leave the stage one day.

`my advice to the people ruling us

lessons for those ruling us
At their Peak, they rule, chase other animals, catch, devour, gulp and leave their crumbs for hyenas. But age comes fast.

The old Lion can't hunt, can't kill or defend itself. It roams and roars until it runs out of luck. It will be cornered by the hyenas, nibbled at and eaten alive by them. They won't even let it die before it is dismembered.

Life is short. Power is ephemeral. Physical beauty is short-lived, I have seen it in lions. I have seen it in old people. Everyone who lives long enough will become weak and very vulnerable at some point.

Therefore, let us be humble. Help the sick, the weak, the vulnerable and most importantly never forget that we will leave the stage one day.

my advice to the people ruling us

lessons for those ruling us
At their Peak, they rule, chase other animals, catch, devour, gulp and leave their crumbs for hyenas. But age comes fast.

The old Lion can't hunt, can't kill or defend itself. It roams and roars until it runs out of luck. It will be cornered by the hyenas, nibbled at and eaten alive by them. They won't even let it die before it is dismembered.

Life is short. Power is ephemeral. Physical beauty is short-lived, I have seen it in lions. I have seen it in old people. Everyone who lives long enough will become weak and very vulnerable at some point.

Therefore, let us be humble. Help the sick, the weak, the vulnerable and most importantly never forget that we will leave the stage one day.

my advice to the people ruling us

lessons for those ruling us
At their Peak, they rule, chase other animals, catch, devour, gulp and leave their crumbs for hyenas. But age comes fast.

The old Lion can't hunt, can't kill or defend itself. It roams and roars until it runs out of luck. It will be cornered by the hyenas, nibbled at and eaten alive by them. They won't even let it die before it is dismembered.

Life is short. Power is ephemeral. Physical beauty is short-lived, I have seen it in lions. I have seen it in old people. Everyone who lives long enough will become weak and very vulnerable at some point.

Therefore, let us be humble. Help the sick, the weak, the vulnerable and most importantly never forget that we will leave the stage one day.

my advice to the people ruling us

At their Peak, they rule, chase other animals, catch, devour, gulp and leave their crumbs for hyenas. But age comes fast.

The old Lion can't hunt, can't kill or defend itself. It roams and roars until it runs out of luck. It will be cornered by the hyenas, nibbled at and eaten alive by them. They won't even let it die before it is dismembered.

Life is short. Power is ephemeral. Physical beauty is short-lived, I have seen it in lions. I have seen it in old people. Everyone who lives long enough will become weak and very vulnerable at some point.

Therefore, let us be humble. Help the sick, the weak, the vulnerable and most importantly never forget that we will leave the stage one day.

Payunsin:
My liver cut n I sold 50% of my Oando yesterday.
Wetin dey floor ooo.
What can I buy.
This Oando igaara no get part 2.
I thank God

i have a huge quantity of oando that i am always scraed whenever i see the way it is going

Trenow:
if such is the reality is there possibility of commiting the juju without her corporation, because she not even feeling remorseful of her actions

she has been strongly tied with a wicked charms that is not easy to break

RealityKings:
Dem don go lock your brother wife for babalawo side
To commot the juju go hard o

@ OP this the solution to the problem

ndept:
I want to specially appreciate all OandO faithfuls. I duff my hart for @Bagwa, @prophet Utuocha, @yMcy56, @Mikeapollo, @Megawealth, @onlygentleguy, @Princkez, @Pesuzok, @Nigerialabalaba, et al. You are all appreciated and may the good Lord continually shine the light of his countenance on you and your entire household.

Special shout out to all others who didn't believe in the Oando's upward journey as well. You are all great. We are all good brothers and sisters. I know some of us are trying to watch each others back. Kudos to all. I exited Oando this morning with massive gain. I wish all others that are still in the bus a smooth sailing. Good luck to you all.

all these people you mentioned how many uints do think you they have

emmaodet:


lol.
Investing.com? that their balance sheet, statement of cashflow and financial statement figures are not always correct?
Have you compared any released official financial statement from any company on ngx and compare it to what invest.com use for their financial ratios?
Egungun be careful, na express you dey go

this is the result of sentimental analysis

Payunsin:
Those who wants to gamble on Oando too much this morning oooo.
42m bid

this OANDO people are queuing to buy once did a public offer at N97 arround 2002

post this in islamic section and copy the link and mail me

Such statement has been made around 2008 or2009 all the answers give were ridiculed

The Central Bank of Nigeria's (CBN) directive for banks to embark on rights issues (RI) has backfired, as investors shun the offerings due to overpricing. Despite aggressive marketing, the RI prices exceed secondary market prices, deterring investors. Compounding the issue,
.
.
see the bank had already forsee all these trouble, most of the banks dont want create useless unit that will not benefit anybody so they will suely pay the capitalaisation fee from retain earning

ask your self How many more unit will be created by each of this banks that will not dilute their dividend payout to pittance
Fidelity Bank PLC has over 32.012 billion shares
UBA had over 34.199 billion outstanding shares
FBN Holdings Plc had over 44.87 billion outstanding shares.
Guaranty Trust Holding Company had over 29.37 billion
Zenith Bank PLC (ZENITHB) had a public float of 27.65 billion shares outstanding.
That of fidelity and first bank is something to ponder about

Mankind2024:
Nigeria's Banking Sector: Rights Issue Conundrum
the Federal Government of Nigeria (FGN) introduced a 70% tax on forex gains for 2023-2025, further eroding investor confidence.

The Dichotomy of RI Prices and Market Prices:

Investors face a dilemma: RI prices are higher than current market prices, making it unattractive to subscribe. The disparity has led to a decline in banking stocks, with prices continuing to drop. To mitigate this, investors should:
- Exercise caution when considering RI subscriptions
- Monitor market trends and prices
- Wait for banks to reassess and adjust RI prices

A Call to Action for Banks:
To salvage the situation, banks must:
- Reassess and adjust RI prices to below current market prices
- Engage with investors to rebuild trust
- Demonstrate transparency and responsiveness to market dynamics
The rights issue conundrum in Nigeria's banking sector demands prompt attention. Banks must acknowledge the misstep and take corrective measures to restore investor confidence.
By adjusting RI prices and engaging with investors, banks can mitigate the downward trend in share prices and ensure a more successful rights issue.
Investors, in turn, must remain vigilant and informed to navigate this challenging landscape.

ProphetUtuocha:
This forum is strange. For providing freebies, people insult one. Meanwhile, everything I have shared here were selflessly done and have helped folks become richer. Those who keyed onto my 2024 prophesy are better off today. Yet, folks insult one without justification. The other time, I wanted to reveal another jewel but what I got was heaps of insults! Yet, what I see lying down, many folks will not see even from the tree top! That's life!

i will surly neutralise your prophecy with a lot of redoil

happiness440:
Registration of Private Limited Company In Nigeria

The Corporate Affairs Commission (CAC) was established by the Companies and Allied Matters Act, which was promulgated in the year 1990 to regulate the formation and management of companies in Nigeria. The CAC is saddled with the responsibility of registering companies in Nigeria. It is a must for company formation in Nigeria if you want to run a legal business here.

Let's an Accredited professional handle your CAC registration today.

i want to register business name how much

How many more unit will be created by each of this banks that will not dilute their dividend payout to pittance
Fidelity Bank PLC has over 32.012 billion shares
UBA had over 34.199 billion outstanding shares
FBN Holdings Plc had over 44.87 billion outstanding shares.
Guaranty Trust Holding Company had over 29.37 billion
Zenith Bank PLC (ZENITHB) had a public float of 27.65 billion shares outstanding.
That of fidelity and first bank is something to ponder about

the woman is making feminist comments to blackmail the boy into submission and another female feminist behind the door is giving the woman thumb up

give a dog a bone and he will sing your praise while eating the bone but finish eating the bone ....................

W0t0w0toman:


Scam... Trust Seyi at your own risk... Seyi that has been in that position for 20yrs and messed up rt Briscoe is whom investors want to trust With their funds. Rt Briscoe that is a living dead company. I dey laugh

Lovers of Toyota vehicles who buy from one of its foremost dealer, Briscoe Nigeria Plc can begin to start looking for another company to trade with as we can report authoritatively that the company is on the verge of folding up, due to fraudulent practices currently going on there. Our sources within the company revealed that even though the management of the Company has been trying to conceal this fact but on a daily basis, it’s becoming difficult for them. The company is ‘broke’ & heavily indebted we learnt. The company’s indebtedness is to the tune of N14bn at the moment & has been consistently making losses in the past 4 years. The loss for year 2014 is in the tune of N1.84bn, a situation which will make the shareholders likely revolt this time around. The half year report for this current year is already estimated at a loss of over N1bn. There are insinuations that this is due to bad management, particularly the current Managing Director, Mr Bukola Oluseyi Onajide who since taking over in January 2010 has nosedived the fortunes of company. The smooth-talking Managing Director is enjoying very good relationship with the Chairman of the board of directors & there is not even a single Executive director in the company; this has made it practically impossible for other board members to know the ‘true’ situation of the company. It was also learnt that the daughter of the foremost Toyota Representative in Nigeria (Chief Ade-Ojo) is also on the board of the dying company but she’s also not aware of the underground happenings. It has been alleged that the current Managing Director & General Manager (Finance) have embezzled over N500 million. This is however not new to some people as it was discovered allegedly that the General Manager (Finance) was involved in fraud in his last organization before joining RT Briscoe. The two men our sources disclosed have been siphoning the company’s funds & covering up the books in a smart way. The Chairman was due for retirement since 2013 but is still trying to retain the seat despite the bad situation of the company. The Managing Director lives a very extravagant and flamboyant lifestyle; throwing very lavish parties all on the company’s resources. The current situation has forced the company to commence sacking of workers; it was learn that close to 70 members of staff will be affected by this exercise. The Managing Director according to our sources within the company gives out brand new vehicles to several of his female friends & family members at the expense of the organization and also colluding with the GM (Finance) to siphon large amounts of money. This looting prompted the GM (Finance) to recently delete all the CCTV recordings in his office so as to destroy any evidence that could implicate him. The Managing director we learnt doesn’t have regard for all members of staff as he sees himself as the all-in-all because there is no single Executive Director or Deputy Managing Director. Most of the productive salesmen have been frustrated out of the system. Meanwhile, so many shareholders are preparing for war as the AGM comes up in a few days. Stay tuned for more details on his fraudulent and philandering lifestyle.


copied........................

RT Briscoe Nigeria Plc has obtained the approval of the Securities and Exchange Commission (SEC) to raise N10 billion through a newly introduced savings and investment scheme.

The Group Managing Director of the company, Seyi Onajide, said the savings and investment scheme would allow the rich, semi-rich and the poor to participate, and the company to gradually build up capital.

On how it works, he cited an example that someone could buy 100,000 shares at N100,000 by saving over a specified period between 18 and 24 months, while big pocket investors could activate a one-time payment on their investments.

He said the idea was to allow the existing 43,000 RT Briscoe shareholders, who are mostly retired, to pay in instalments owing to the impact of the harsh economic situation on people’s income.

Onajide said the investment would go to a trustee approved by the SEC, who would keep the invested sum with interest until the trustee calls a meeting of all subscribers to decide if their money is to be converted into Briscoe shares or not.

“The savings and investment initiative gives opportunities to all interested parties to grow funds, either to buy Briscoe shares or not. There will be additional benefits for those who end up choosing to buy Briscoe shares,” he said.

yMcy56:

Thanks.
Thank you my Sister Ginalex.
I never come back o, na insurance sector bring me out.
Dem don talk say make I no dey put mouth for stock matter as per say I no be investor and can only put mouth for the stock I invest in. Lol.

By the way, how did Mansard do you strong thing?
Thought you bought when it was below N2?

@bolded that is the main reason nigeria is in a very bigger mess because people chose to keep quiet in certain important matter.

please i beg you in the name of whatever you serve always share everything concering the NGX here so that those who wish to learn will learn

clown you think for farmers to provide there own security against fulani heardsmen is a simple talk

see helinus you are the problem of Nigeria

helinues:
The other day, when I said we have so many dead beat dads in Nigeria, some people were attacking me unnecessarily.

If reasonable number of father's have been responsible, I do not think any of their kids would be waiting for FG to put food on their table.

Considering the way some people come online daily to blame whatever they might be going through on FG, then that should begs the question when they added FG to their next of kin when they have parents.

Government don't put food on masses table, people should face the reality of life and stop blaming FG for everything.

clown dancing naked in public complaining to the police that people are laughing at him

helinues:
Enough of your activities on this forum. You have a grace of just one week to stop or the security operatives would look into your matter with immediate effects.

We have tried our best to be polite with everyone, the bullying must stop hence forth.

Below is the response from Nigeria Police Force sharing the full details on how to report your case with the numerous evidence I have for against you.

I shouldn't have created this thread but I don't bite and hide, I bite and stand with it. Those who refused to advise the guy and his fellows shouldn't cry victimization when the security operatives start acting.

https://www.nairaland.com/8041835/seun-blackmailing-extortion-racketeering-should

https://www.nairaland.com/8097931/seun-involve-security-operatives-guy

https://www.nairaland.com/8095456/seun-again-regarding-notorious-nl

https://www.nairaland.com/7810445/newly-created-monikers-troll-only

https://www.nairaland.com/7826775/seun-time-involve-security-operatives

femi4:
really, I thought only Benin Republic certificates were banned

see you can obatain BSC result from most african university withing 2 days and proceed to too nysc even when they were caught they are still doing it for me