₦airaland Forum

Sunrisepebble:
Was about to say this. Aradel that is being used as comparison already has a working refinery. Now they are adding 135kbpd of oil production and 350,000 mmscf of annual gas production (about another 150kboepd from my calculation ) with this acquisition. In addition they also have a power plant now, Afam VI (650MW capacity) that is connected to the grid already … The 5% stake in Chappal is also huge when they eventually IPO

Its night and day
I also haven't mentioned our potential London listing but wanted to leave out assumptions

mikeapollo:
Wale has also tried by ensuring that Oando is now compliant and up-to-date as regards NGX/SEC requirements for filing of quarterly results. Hopefully, we should have the unaudited accounts for Q4 2024 by Mar/Apr 2025 and the audited version by Jun 2025.

KarlTom:
In recent times, most of the news from/about OandO are not easily understood...

megawealth01:
My joy in this whole thing is that Wale said that he isn't delisting Oando...

In the days ahead Mr Time will do the needful?

WALE should go and sin no more?

mikeapollo:
Please can anyone verify this for me:

I did some rough estimates of the possible ratio for the bonus redistribution by Oando, based on the numbers provided above i.e. current 42% common shareholders to increase to about 65% after the exercise.

It seems the bonus could be in the ratio 1:2 (i.e. 1 new share for every two shares previously held).

Please the finance and mathematics gurus should help confirm

ositadima1:
Approximately one year from yesterday (2023-12-1 to 2024-12-15). You can see this in the code as the last 250 days.

ositadima1:
Oando was below 70 for quite a while, yet some people with their "tachere" thinking thought they were smarter than the big boys, who invested over 40 billion Naira at levels above that. If you had bought at 62, you would have outperformed those 50 billion Naira investments this year alone. Do you think the moneybags threw in that much money without analyzing the upside? Do you really think your "tachere" mindset and limited exposure can beat the billions? You’re deluded.

The same goes for Aradel. Billions have been invested at levels above the current price. Forget wretched analysis and follow the money (Billions).

Omooloriredade:
I struggle to see how Wale will fail to turn Oando at this juncture. He has the wind at his back.

Omooloriredade:
#BetOnOando
Specially for you.

https://www.cnbcafrica.com/media/6364224464112/oanda-ceo-on-building-energy-infrastructure-in-africa-/

Choiceguy:
@ Babs02 kindly share the site where you downloaded mkt activity history of Oando. Also Toyeoye it will be nice to have this type of search platform.

chimex38:
Good question. same thing I always ask myself.
Always Missing in Action

megawealth01:
Meristem Customer Service just gave me this response...

"Kindly be informed that the stock market opens from 10: 00 am and closes by 2:20pm Mondays to Fridays"

megawealth01:
No longer 2.20pm?

toyeoye:
Not quite close at the time of posting the update sir.

toyeoye:
ARADEL has somehow leaped into top 5

megawealth01:
Nigeria Cocoa Exports Jumps By 300% From ₦‎161.8 Billion To ₦‎644 Billion 

https://www.businessamlive.com/nigerias-6bn-cocoa-potential-drives-demand-for-serious-productivity-investments/

megawealth01:
Do you have a price projection in the long term for uba?

Streetinvestor2:
The guys in palm oil business na kill by yr end oh.I bought 1.5 litters of palm oil at #4500 yesterday for the quantity needed.The thing shock me though the vendor says it is of very high quality and not mixed

robobo:
u sabi, plus another advantage is it help prevent the Ote$ effect/threat (hostile takeover)

this is an example of situation where our (retail investor/minority) interest (better pricing) aligns with that of mover/shakers.

Mpeace:
I pray Elumelu considers taking more shares like 70-85% stake in his listed companies. It will help him(and help us too)

Raider76:
Who will buy @28 when the RI is @25, a more than 10% difference? The extension of the RI period to 30th December may also be discouraging people.

owolabi5:
TRANSCORP MAY BE NEXT!

That dude is grossly undervalued relative to its subsidiaries.

#TONY INDEX

#BILLIONAIRES INDEX

parisbookaddict:
i think those FPI will see the naira gains on the dollar as an incentive to stay put on the market. my fear was that a continuing depreciating naira would discourage foreign participation, especially after a trump win. Does anyone else have thoughts on this?

Omooloriredade:
When it comes to regulatory disclosures and investor relations, Seplat has such a high standard that it may be almost impossible for Oando to match.

Oh boy! See detailed presentation na. A lot of work sifting through the web, results to find corresponding data on Oando.

mikeapollo:
I am not impressed with the 50% increase in output as announced by Oando.
Before the acquisition, Oando, ENI and NNPC were in a JV with ratio 20: 20: 60 respectively
After Oando acquired ENI, their share in the new JV is now 40%, which should automatically translate to an increase in output of 100% or thereabout.
So why are they only achieving a 50% increase 3 months after the acquisition? Are they unable to fully exploit and produce from the fields?
Oando should be reporting at least 80% increase in output by now, otherwise something more fundamental may be wrong e.g. inability to acquire rigs and other equipment to produce crude oil as much as possible.

Experts in the oil and gas sector can educate me on this if I am mistaken.

mails4funshi:

https://www.youtube.com/watch?v=mPmz4uaeJdo

crownprince2017:
In anything you do don't let analysis paralysis about Nigeria economy send you away from the stock market, history will be rewritten.
2025-2026 will be massive.
Few words is enough for the wise.

Sunrisepebble:
In the long run the dollar will always appreciate against the Naira. It is just economic fact.
Dollar forever remains dollar, i've never seen anyone regret buying dollar. Unless you are buying for trading purposes, like those looking to make gains on the trade earlier in the year when Naira fought back a little and later depreciated again