₦airaland Forum

godlyguy:
They will be suspended

KarlTom:
There are exceptions.

UBA was delayed... 😉

godlyguy:
Where is Oando's result?

Be wise

KarlTom:
I don refresh Corporate Disclosure tire...

Sunrisepebble:
How do the solve the negative equity is my question

Sunrisepebble:
How will it when nobody is even buying 100k

mikeapollo:
This is a fallacious fantasy!
There is nothing like ''production war room''! Oil and gas is produced in the oil fields, not in any ''room'' anywhere.
Oando should cut this crap and focus more on delivering good production numbers from their now-revamped oil fields and their financial performance

megawealth01:
Like I told you back sometimes ago, If I see improvements in Oando's books I will load up a lot of to add up to the quantities I have left with meristem . Make they improve their books first. I don't even mind their price if this happens

olig:
But this is not the case Stanbic IBTC Stockbrokers Limited. You have to provide utility bill that bears your name. I am technically stuck with them because of that. Unfortunately, I can't even sell my holdings or withdraw. After opening the account it was dormant in less than two months, without notice.
They are now telling me that I should provide a Stanbic bank account, etc.
I still don't have their time yet; I don't have much there. My old certificate that I want to demat are also with them for close to three months now. They kept pushing me here and there.

Ginalex:
Something hoooge is coming... Elumelu stocks are sh*aking their a$$es on a yatch .. maybe birthday present go come in early . I didn't have the audacity to average down much, but I was only able to average down from 358 to 334

Raider76:
This scenario crossed my mind yesterday. There will be huge conspiracy theories if they try pulling that out.

Tpharell:
If you believe the minister has a switch in his office that he can flip to achieve that, then yes!

ProphetUtuocha:
Food for thought:
Between the hastily formed 'Renaissance group' and the legendary Oando, which company is more qualified to manage the SPDC's assets?

https://www.reuters.com/markets/deals/nigeria-rejects-shells-13-billion-oil-asset-sale-thisday-reports-2024-10-16/

Watch out as things unfold!

Xidget:
I don't think it has dropped to #738 yet. Last 100kunits deal I saw was #772

Why are they buying in 80kunits tho

Sunrisepebble:
I’m patiently waiting for it at 600 to re-enter. Hopefully before results

KarlTom:
I bought on NASD @260

GeeKudi:
Might be going all the way down to N500

yMcy56:
According to Pa Emma's analysis on ARADEL, it's still a good stock...
Only try to watch out for likely bottom if interested....
What is presently happening in market may be connected to some negative info/news, OR some Ogas trying to depress the price to be able to enter cheaply OR, NGX is trying to find fair value for the share price, Or maybe taking profit to enter another cheaper one or too renter cheaply......
Many likely ifs and reasons actually....

mikeapollo:
Aradel and Seplat's prices will surely have some ''contagion effect'' on Oando.
All that is required is for Oando to post some decent profit for HY2024 when results come out on Oct 23rd.

ProphetUtuocha:
Soon folks will realize that which they were excited about is not the anointed one even as the real deal stares them in the face.

yMcy56:
Its that big Oga with offer @840 that came to scare people
Creating liquidity I guess.
The noise before listing was just too much 😁

* He has removed it again.....the single offer was over 5M....
* Let him remove it and allow the stock climb small at least ... He and one or two others with huge volumes...

emmanuelewumi:
Better to buy GtB or Zenith.
Wetin I Sabi?

leparj:
6M naira into Zenith shares or into FGN Bonds at 18.085% interest per annum for 3 yrs and reinvesting every coupon payment into Zenith Bank Shares?
Or buying UBA shares?
Which is the smartest move?
Ogas in the house guide me. Especially Oga Emma.
Final DD as always is mine and I won't come here one day to say anyone made me lose my money.

KarlTom:
TRANSPOWER

https://doclib.ngxgroup.com/Financial_NewsDocs/42322_TRANSCORP_POWER_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

KarlTom:
I also read the Thisday article and I smiled... masssive PR

For context, they are referring to this article of 01 November 2011:
https://www.forbesafrica.com/focus/2011/11/01/plucky-young-eaglet-soared-outrageous-fortune/

godlyguy:
I will be happy if they get it right this time just that I don't want them to MH but to be honest in their dealings. I want Oando to succeed but they should come out clean

godlyguy:
They have started their oando MH this time with all tactics. Aradel or Seplat are no mate to oando. OANDO should release their financials first then we will judge their demigod sincerity henceforth until then it pure MH.

Warning. If you drag me I will frustrate you

designking:
Oando is heading to ₦50 which is a good entry price.

yMcy56:
Make una no vex o......but can you guys just take these Naira/PMS discussions to the appropriate thread on NL before the politics guys invade here.

Let's stick to the purpose of this thread pls.
The discussion is becoming unending. Haba!!