Dexterax: Apparently bull season just dey start...

passwelle: Forte Oil Audited results half year till June
http://www.nse.com.ng/Financial_NewsDocs/7090_FORTE_OIL_PLC_AUDITED_Q2_JUNE_2014_FINANCIAL_STATEMENTS_AUGUST_2014.pdf

passwelle: erm I dont think so
EPS on half year is N1.9 on a share that trades above N200! assuming this "feat" is replicated through the rest of the year we are looking at EPS of c. N4. Conoil is paying a dividend of N4 on a share thats less than N80 @ the mo.

currentprice:

that is the reason i said Fo result na die despite the increase, eps still below 2 for that high stock price. bad market

currentprice:

that is the reason i said Fo result na die despite the increase, eps still below 2 for that high stock price. bad market

Dragonking:

Hope sa you don happy..i didnt want to spoil your mood that there was no interim dividend as expected but the result was good..oya watch rally...oando you see ya life..mtchheeew

passwelle:
Full disclosure: I just bailed out of FO.

currentprice:

that is the reason i said Fo result na die despite the increase, eps still below 2 for that high stock price. bad market

feelamong:

DEAD CAT BOUNCE??

Dragonking:
Thats what some people said when it was N70...now it is above N200..What do i know.

passwelle:
As in hen, but Geregu fit still helep them before year end

currentprice:



yes FO cowboy will like to up his position on Forbes lists, no surprise if i see permanent bid for the stock. too risky for someone like me

Dexterax:

Since the drug is being extracted from tobacco leaves, we might as well spread the rumour that non-smokers are more likely to surrender their immune systems to ebola than smokers.

Abeg oh, my B&H Switch is precious to me, no price spikes allowed!

SWG1:

Good insight for you . Atleast u could reduce ur stake in okomu and wapic, then buy high volumes of B&H til it goes into bid, then increase the price and sell.

#Do ur due dilogence cos smokers are reliable to die young

Yem0350: NSE shares dey confuse someone at times. A company wit bad result wit its shares moving northward afta announcement. Hope ebola has not entered dis market sha.

Yem0350: NSE shares dey confuse someone at times. A company wit bad result wit its shares moving northward afta announcement. Hope ebola has not entered dis market sha.

deept:

i wonder o, maybe just buy japaul at 50k and wait, it can only go up

4dchairman: OBAMA orders airstrike on Iraq,this has led to rise in crude price and shares of oil companies.

Dragonking:

source please?

Dragonking:

source please?

4dchairman: OBAMA orders airstrike on Iraq,this has led to rise in crude price and shares of oil companies.

myjoy08:


http://www.theguardian.com/world/2014/aug/08/obama-authorises-iraq-air-strikes-against-isis

http://online.wsj.com/articles/iraqi-militants-seize-christian-villages-1407404503

Dexterax:

We should be coasting at US$ 120 per barrel and above if the militants get to the oil-rich southern part of Iraq. Bullish for oil-producing companies (esp if the general Asian energy demand remains constant, especially India and China), bearish for oil refinery stocks (due to high crude prices and accompanying low margins), bullish for palm oil plantation companies (I'd rather not go further here), etc.

Ess: Meanwhile, Oxygen is performing not bad so far.

myjoy08: Hello my good family of Nairaland, i hope everyone is coping with the conditions of the market presently...lol. Just want to ask if anyone would be surprised if Oando declare a reasonable dividend having seen what they have gone through for some months, years due to the acquisition of COP deal? Plz am just asking not a recommendation to buy or sell. I still stand on the fact that any investment made in Oando presently can never go wrong. I hope someone is taken a some look at Agriculture sector and insurance sector? Good Luck
NB: The result is not yet out but am just asking the questions, Plz!

Dragonking:

The oxygen boys are nothing but noise makers..let them release result then rally upwards and not all these gboju gboju games..