₦airaland Forum

GeeKudi:
It's expected, of course, after waking up to some free shares, those who are interested in the cash would take that option.

Sunrisepebble:
On second thoughts I think I agree with @Hesinme view about the banks.
For those that have alloted shares already, since they’re already listed, they will qualify for dividend. We could see a lower dividend per share for these banks that alloted. The full year earnings will be divided by old shares but the dividend will be paid on new shares.
It could be a much lower dividend yield than we’re used to. What would market reaction be then

ositadima1:
That’s your opinion, and I respect that. But just like you, I have the right to hold mine.

This was the same argument I had with him back then—don’t discourage others just because you got burned in the past. Oando did 13 baggers, and whether you refuse to touch it with the longest pole on earth or not, that fact remains unchanged. It has yet to crash as Oga Emma predicted.

Let’s watch and see.

Streetinvestor2:
Oga if you don't know anything in this business till now.You should quit and go try something else. What is the imaginary numbers. You rushed to quote my post as hope analysis to get likes.Did you not see oando q4 results and FY unaudited results. Thr was good improvement in the q4 results and q1 2025 will be better because revenue will definitely increase because production is expected to be higherl . If you no sabi FA stop pretending to know it.
The last ellah lake esult I saw had no revenue
generation. They made expenses from the Air and retained earnings was heading more south.
Bro if you no sabi the business. Is better you calm down to learn and stop doing notice me.What blood asset that is not generating a kobo abi na me prepare the results.

chimex38:
Lol...so you dey follow thread? Here I thought you only speak "stockbubbles".

Nice site by the way. Kudus!👍

Princkez:
watch out for institutional investors to take up remaining 3b units @#100 and cash realised to be distributed as special dividend to shareholders...#10 per share

chimex38:
True.. No doubt
but here and there isnt in their numbers.

Locotrader:
Una don begin turn English upside down because of Oando.

chimex38:
Na wash joor
Nigeria ko Nigérien ni.

megawealth01:

mikeapollo:
How can that be done?
Distribute ones and monetize which rest?

Raider76:
I believe you don't own any Oando shares. Because I don't think any minority shareholders who know the potential capital gain in Oando shares in the next year or two will ask for cash, or any other option, at this time.

Streetinvestor2:
Based on what naija management can do.They should give me my own let me decide the best way to use it.
Can you say whr the money gotten from selling the fuel stations went .Abeg no loud this option oh

Bagwa:
You will soon hear from Wale ASAP

Huge is coming Feb , June 😃

emmanuelewumi:
Na wa oooo, I am yet to see mine

eddyakinrinde:
Please when did they credit your Zenith shares

PuristForest:
If our TA does not work, how have we been recording over 200% in most of the assets that we document, check our twitter handle and get the gist, i held myself from making this post about the market cos i always know that folks will generally not receive it well but i had to say it so that people be cautious and maybe perform better due diligence before jumping into buying...Even in the red years, there will always be winners. Our TA is strictly based on principles of Elliot wave theory and it works for the most part becuasae market moveements are driven by human psychology and moves in cycles of optimism and pessimism whcih are reflected indistict wave patterns. you dont have to believe but there are rules in everything in life including the market. One of many pointers i can give you towards a bearish market in Q2 is the ASI itself, we will be hitting a market top in april at about 108k after a 5 wave impulse, when that happens, then our next support will be 100k and that will take us to about october, that 6% decline will not come easy i can tell you for free..do the maths.

chimex38:
But they go around marketing convincing the Public to invest?

Bombarding emails to customers to purchase Right Issue and public offers?

Holding webiners, whatsapp sections, public enlightenment, etc

Spending heavily in terms of time analysising companies result as they come every quarter, Being abrest of daily happenings in the political scene and world economics to stay informed as frontliners, just to dish out up-to-date research and point out recommendation to the public on weekly basis.

All these doesn't mean anything to them personally?
Because they don't personally spend money abi?

In my opinion again, It's not massively possible?
Probably, very very few of them don't.

megawealth01:
I prefer my Access to Oando ooooo

OakPearl:
My brother, the executive recklessness is so sickening with these people.
I struggle to see such justification no matter how much explanation I have read about it.
I was so impressed when I read about Otedola’s reaction to that of FBN. And he is a billionaire oh.
I mean, you can still have a very good party without those wastages.

mikeapollo:
So workers need Davido, Wizkid and Burna Boy to keep their spirits high? Incredible So other companies that did not invite these artistes, are you saying that their workers spirits are low or demoralized?

mikeapollo:
Xmas party can be held in a modest way just like other companies. They don't even need to invite any artiste to have Xmas party.
What is the essence of inviting and paying huge sums to 3 artistes when your shareholders are struggling and the company is hugely debt ridden? How many companies did you see or hear that they paid 3 expensive artistes for Xmas party? Will you do thst if your own company is strugling to survive?
Stakeholders like banks and creditors are also there.
We just read a few days ago how Otedola reacted when FBN held a lavish party for a retiring director.

essentialone1:


at how much?

mikeapollo:
Not just bad; it is very unethical, unprofessional, insensitive, and stupid (pardon my English).
That is why they made sure the AGM was held before the nonsense party in order to avoid criticisms at the AGM. But they must be called out at the next AGM

mikeapollo:
You made good points
But in that case, then there should be a publication saying that the debtor has changed his mind and now willing to pay cash instead.
What we were told in clear language is that management directors have reached and approved a firm agreement with the debtor to settle the debts with its shares. Any cash elementz complicate matterz because there was no specific value placed and agreed for each share at the AGM.

HesInMe:
Basic accounting should suggest that the repayment of a debt that is already on the books should have no impact on shareholders' equity -- unless there are gains (or reversal of write-offs) arising from the repayment. That's unlikely, since the debtor in this case, Whitmore Asset Management, is owned by Tinubu and Co. That's how riddled with ethical issues this "deal" is.

mikeapollo:
If is it true that shareholders actually expressed preference for cash payment, then it shows how shareholders could sometimes undermine their own interest.
What was the value or price that was agreed or placed on each share?
So what happens if Oando management adopts a particular value per share to pay cash to the shareholders and then the share price on the NGX jumps higher the following day or week?

designking:
I like this sound of this. ₦100 is enough for me.

Sunrisepebble:
Check SPDC’s website also. They own AFAM VI

Sunrisepebble:
@babsO2. What Transcorp acquired was the FGs plants and the fast power plant