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Nairaland Forum / Nairaland / General / Investment / Oando Posts 2014-FY And Q1-2015 Results (22648 Views)
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Re: Oando Posts 2014-FY And Q1-2015 Results by meshacha1: 9:58pm On Oct 23, 2015 |
K |
Re: Oando Posts 2014-FY And Q1-2015 Results by kelvkings: 9:58pm On Oct 23, 2015 |
.......... |
Re: Oando Posts 2014-FY And Q1-2015 Results by sonnie10: 9:59pm On Oct 23, 2015 |
FriedPlantain: Oando = Wole Tinubu = Bola Tinubu = Buhari |
Re: Oando Posts 2014-FY And Q1-2015 Results by veraponpo(m): 10:00pm On Oct 23, 2015 |
FriedPlantain: Was 'change' in 2014 and first quarter of 2015? The last time I checked it was transformation agenda, youwin, TAN, etc 1 Like |
Re: Oando Posts 2014-FY And Q1-2015 Results by OkekeChristian(m): 10:00pm On Oct 23, 2015 |
[size=16pt]Utobo n'achi anyi nazi ebuari naijiria.[/size] |
Re: Oando Posts 2014-FY And Q1-2015 Results by mobiss(m): 10:00pm On Oct 23, 2015 |
Hope downsizing won't be the next route, to beat down expenditure and operating cost. Just insinuating. |
Re: Oando Posts 2014-FY And Q1-2015 Results by Cleanman(m): 10:00pm On Oct 23, 2015 |
my comment:
I hit front page ! |
Re: Oando Posts 2014-FY And Q1-2015 Results by ednut1(m): 10:03pm On Oct 23, 2015 |
Afren in administration, oando with huge lose. Oboy oil industry na die this year o |
Re: Oando Posts 2014-FY And Q1-2015 Results by Nobody: 10:04pm On Oct 23, 2015 |
Buhari's election expense left that gaping hole in Oando's financials. So we can expect NNPC to throw some sweetheart deals in Wale Tinubu's direction soon - even the Baba Hausa can't say no to that. He knows it's favour for favour 1 Like |
Re: Oando Posts 2014-FY And Q1-2015 Results by OBAGADAFFI: 10:08pm On Oct 23, 2015 |
operating expense of about N225 billion These people are scammers. |
Re: Oando Posts 2014-FY And Q1-2015 Results by Yksoul(m): 10:09pm On Oct 23, 2015 |
THIS ECONOMIC DOWN TURN AND LOSSES WITH OIL PRICE FALLING TO $52 STARTED LATE LAST YEAR,DURING GOODLUCK JONATHAN REGIME,WHEN AMERICA MASSIVELY SHIFTED THEIR OIL-BUYING MARKET FROM NIGERIA TO IRAN.IT WAS THEN OKONJO IWEALA SAID 2015 WOULD BE A CHALLENGING YEAR FOR NIGERIA.JONATHAN CAUSED IT WITH LACK OF FUTURE PLANS 2 Likes |
Re: Oando Posts 2014-FY And Q1-2015 Results by Lancier(m): 10:10pm On Oct 23, 2015 |
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Re: Oando Posts 2014-FY And Q1-2015 Results by GudluckIBB(m): 10:12pm On Oct 23, 2015 |
I have a feeling this is just a ploy for share holders to dump their shares while Oando mop them up. Their Q3 will be better that's why they released this. By the time they release Q3, they might even give dividend and by then, they would have been controlling the majority share holding. But in all, I blame Nse for allowing Oando to hold on to their results, 10 months after. |
Re: Oando Posts 2014-FY And Q1-2015 Results by jonuel1(m): 10:14pm On Oct 23, 2015 |
veraponpo: Hope your stupidity isn't factory fitted? The First Quarter as mentioned isn't the conventional one. Companies have their own operational calendar. |
Re: Oando Posts 2014-FY And Q1-2015 Results by bettercreature(m): 10:14pm On Oct 23, 2015 |
SeverusSnape:You are just an idiot and i dont think you read the whole article because it stated that their misfortune started in 2014 not in 2015 2 Likes 1 Share |
Re: Oando Posts 2014-FY And Q1-2015 Results by busyflexz(m): 10:15pm On Oct 23, 2015 |
Wow have any of their profit impact an average Nigerian? davide470: |
Re: Oando Posts 2014-FY And Q1-2015 Results by ajebuter(f): 10:15pm On Oct 23, 2015 |
That happens when you replace. Goodluck with 'body language' 2 Likes |
Re: Oando Posts 2014-FY And Q1-2015 Results by arobest10(m): 10:20pm On Oct 23, 2015 |
lilprinze:Aloo ponu, as my friend usually say, ur gullibility too high I.e oo goju, is 2014 and Q1 of 2015 Buhar's regime? I think u are from Zoo or wetin u dey call ur Biafra? 1 Like |
Re: Oando Posts 2014-FY And Q1-2015 Results by wristbangle: 10:22pm On Oct 23, 2015 |
Emekamex: Is your brain so dumb to comprehend the Quarterly report was from 2014 to early 2015. Why una dey brainless like this nau? Haba! 1 Like |
Re: Oando Posts 2014-FY And Q1-2015 Results by SeverusSnape(m): 10:24pm On Oct 23, 2015 |
bettercreature:You're just a slavish fool. Zombie be gone. |
Re: Oando Posts 2014-FY And Q1-2015 Results by Yksoul(m): 10:24pm On Oct 23, 2015 |
THIS JONATHAN HAS DESTROYED THIS COUNTRY,WITH HIS LACKADASICAL ATTITUDE THEY WERE ENGULFED ON ELECTION AND TO NEGLECT ANY STATE OR PERSON THAT IS APC AND CHANGE ADVOCATING PEOPLE 2 Likes |
Re: Oando Posts 2014-FY And Q1-2015 Results by SeverusSnape(m): 10:25pm On Oct 23, 2015 |
Emekamex:Guy!!! You no go kill me with laugh o |
Re: Oando Posts 2014-FY And Q1-2015 Results by bettercreature(m): 10:25pm On Oct 23, 2015 |
SeverusSnape:cum rag! 1 Like |
Re: Oando Posts 2014-FY And Q1-2015 Results by wristbangle: 10:26pm On Oct 23, 2015 |
lilprinze: Sometimes I pity and shake my head on the crop of graduates or intending graduates in this country. Cant u read the story? Must your hatred for bubu daura and love for otuoke local orangutan close your sense of reasoning? They made mention of 2014 to early 2015 quarterly report which was solely otuoke local orang-utan administration 6 Likes 1 Share |
Re: Oando Posts 2014-FY And Q1-2015 Results by SeverusSnape(m): 10:27pm On Oct 23, 2015 |
bettercreature:Filthy nitwit! |
Re: Oando Posts 2014-FY And Q1-2015 Results by Nobody: 10:29pm On Oct 23, 2015 |
FriedPlantain:Good. In addition to the Exploration and Production Asset impairment, there' are also property and equipment (rig) impairments - all caused by the plummeting oil prices. |
Re: Oando Posts 2014-FY And Q1-2015 Results by Nobody: 10:32pm On Oct 23, 2015 |
sonnie10:You guys should learn to reason well and put on your thinking cap. This had nothing to do with all those people you mentioned, except you want to tell me that they were responsible for the global fall in oil prices - From $110/bbl to $49/bbl. Or are you just being Sarcastic? 4 Likes |
Re: Oando Posts 2014-FY And Q1-2015 Results by arsetalks(m): 10:49pm On Oct 23, 2015 |
This will be good news for people like myself, perfect opportuinty to take position after the inevitable down trend of the stock's price in the market. 1 Like |
Re: Oando Posts 2014-FY And Q1-2015 Results by PHIPEX(m): 10:50pm On Oct 23, 2015 |
This kind of loss is enough to crumble companies, I expected so much from this company especially after the much publicised acquisition it made in 2014. I feel for its shareholders. |
Re: Oando Posts 2014-FY And Q1-2015 Results by 247notire(m): 11:05pm On Oct 23, 2015 |
veraponpo:You and the mugus that liked ur comment are thoroughly uninformed or misinformed... Now let me educate all of u. Falling oil prices affected even the biggest players in the sector and revenues have been hit badly, many of them have had to review operating expenses and there has even been job cuts. Now about salaries, but many states never owed their civil servants, it was the governors who mismanaged and embezzled funds, even in the face of dwindling allocations, that were hit very hard. GEJ had nothing to do with these things. Ur comparing the days of Awo with now, that even makes ur folly more glaring... And dnt u talk about Igbos cos u knw nothing about it! It was 20 pounds each, even if u had a million naira. Talk more of loss of properties and investments in many parts of the country... Now tell me why an igbo man who knows his history will not be angry at this Zoo called Nigeria! We know u all hate us so we would rather be on our own... Shout out to Onwa, Ifesinachi, Dozzy Oil, Innoson, and the rest of the igbo billionaires making us proud. We shall overcome... Give us a referendum, how hard can this be!!! 6 Likes 1 Share |
Re: Oando Posts 2014-FY And Q1-2015 Results by lumeneng22: 11:13pm On Oct 23, 2015 |
Why posting losses this time? all these years of profiteering you kept quiet abi you wanna cut jobs? E ode had Nigeria companies o. |
Re: Oando Posts 2014-FY And Q1-2015 Results by Koolmak(m): 11:18pm On Oct 23, 2015 |
busyflexz:Yes it has...if not directly,then indirectly. Petroleum companies pay 85% of there taxable profit as tax. With this loss no tax will be collected this year and possibly subsequent years due to tax relief effect and so on. This loss may also mean a fall in share price and also no dividend for their average shareholders. |
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