₦airaland Forum

Oando responded

Oando

robobo:
I beg wey my popcorn dealer ooooo. Make he supply me enough quantity to last one week 😄. Show wan begin

Receivable over 3 Trillion Oando

mikeapollo:
I don't think the NAOC acquisition will play a huge role in Oando's results for Q3 2024. The deal was finalized towards the end of August, so September 2024 is the only full month that will reflect in Q3 2024.
Q4 2024 should provide a better view of the impact from NAOC acquisition.

They consolidated there account with ENI….

Raider76:
Obviously they will release Q3 before the AGM. Probably on 16th, which was the date mentioned by Bagwa

Q3 will be release before 16 for sure

https://doclib.ngxgroup.com/Financial_NewsDocs/42646_OANDO_PLC-_NOTICES_OF_ANNUAL_GENERAL_MEETING_(AGM)_-__ANNUAL_GENERAL_MEETING_(AGM)_NOVEMBER_2024.pdf

Sunrisepebble:
Our Trinidad Refinery ?

Wale will suprise this market don’t worry just 2 weeks coming

Mpeace:
q3 results expected

Time will tell but is before 2nd week of Dec

ProphetUtuocha:
Those who've ignored the beautiful one
Will soon feverishly run after her

Mark this!

Very soon , I will quote this 6th Dec 😁

16 Nigerian Stocks to own in 2025 :

1, Julius berger plc: N164 / first half earnings: Turnover: N243b & net profit : N11.4b / e.p.s : N7.17/ p.e ratio : 22/ Target is N250

2, OANDo plc: Share price : N77 / 2023 earnings: / e.p.s :N6 / p.e ratio: 12.8/ Target is N200

3, Presco plc: N485 / First half Turnover: N88b & net profit N38.8b / e.p.s N 38.8 / p.e ratio: 12.5/ Target is N650

4, Custodian plc: N11.65 / First half earnings: Turnover: N60b & net income N22.1b / e.p.s N3.77 / p.e ratio: 3.09 /Target is N18

5, UACN plc: N20.2 / First half earnings: Turnover; N83b & net income N8.9b / e.p.s N3K.04 /p.e ratio: 6.7/ target is N35

6, Conoil plc: N176/ First half earnings: Turnover: N180b & net income N8b / e.p.s N11.56 / p.e ratio; 15/ Target: N250

7, Total plc: N673/ First half earnings; turnover: N529b & net income N20.5 b/ e.p.s : N60/ p.e: 11.2/ target is N1,000

8, Bua foods plc; N 394 / First half earnings: Turnover:N 672b & net income N130b / e.p.s :N 7.27 / p.e ratio: 54/ Target: N550

9, Geregu plc: N 1,150 / First half earnings: N80b & net income N20b & e.p.s : N8 / p.e ratio: 143/ target is N1,500

10, Zenith Bank PLC: N37.45/ First half earnings: Turnover: N2 trillion & net income: N577b / e.p.s : N18.40/ p.e ratio: 2/Target is N50

11, Gt Bank plc: share price:N50 / First half earnings; Turnover: N702b & net profit; N494b / e.p.s : N16 / p.e ratio : 3.12/Target is N60

12, UBA plc: Share price :N25 / First half earnings: Turnover; N1.3b & net profit ; N300b / e.p.s : N9 / p.e ratio: 2.7/target: N35

13, Aradel plc: Share price: N620/ First half earnings: Turnover: N268b & net profit: N104b / e.p.s : N24 / p.e ratio: 25/Target is N1,400

14, Fidelity bank plc: Share price: N13 / First half earnings: Turnover: & net profit : N159b / e.p.s : N4.9/ p.e Ratio : 2.6/Target is N25

15, Seplat plc: Share price; N5,200/ first half earnings: Turnover: $421m & net profit: N244b / e.p.s: N91.7 / p.e Ratio: 56/Target is N,6,000

16, Access bank PLC: Share price:N19/ First half earnings: Turnover: N2.2 trillion & net profit: N281b / e.p.s : N5.3. /p.e ratio : 3.5/Target: N35

( E.P.S: means earnings per share/ P.E ratio is price earnings ratio) ( If am to select 6 best; Julius berger, OANDo, fidelity bank, Presco, UACN, Zenith)

Thanks, David atta

MARKET BULLETIN


24 October 2024 NGXREG/IRD/MB79/24/10/24


Notification of Suspension of Trading in the Shares of Oando Plc

Trading License Holders and the investing public are hereby notified that pursuant to the provisions of Rule 3.1, Rules for Filing of Accounts and Treatment of Default Filing, (Default Filing Rules), which states that:

“If an Issuer fails to file the relevant accounts by the expiration of the Cure Period , The Exchange will:
a) Send to the Issuer a “Second Filing Deficiency Notification” within two (2) business days after the end of the Cure Period;
b) Suspend trading in the Issuer’s securities; and
c) Notify the Securities and Exchange Commission (SEC) and the Market within twenty- four (24) hours of the suspension”,
trading in the shares of Oando Plc has been suspended from the facilities of Nigerian Exchange Limited (NGX or The Exchange) effective today, Thursday, 24 October 2024 for not filing their Audited Financial Statements for the year ended 31 December 2023.

In accordance with the Default Filing Rules set forth above, the suspension of trading in the shares of Oando Plc shall be lifted upon the submission of the relevant financial statements.

.


Godstime Iwenekhai
Head, Issuer Regulation Department

Testimonies777:
I had the premonition that Aradel will breathe or spill on Oando and Eterna

Those that dumped Oando Lastweek and load aradel in OTC market na dem offloading there Aradel and reload Oando back now for liquidity and future 100% - 300% capital appreciation

Personal opinion

I will rather buy 10 unit of Oando than 1 unit of Aradel.

I have some unit of Aradel too

robobo:
There should actually be an official court sitting announcement where the case should be official withdrawn or dismissed.

Anything short of that would be WT keeping to his unclean way, because it only leaves a backdoor that can later be exploited.

Ohkey

zendi:
Attention, Bagwa, and others.
Is today's Oando court a night session?
No stunt is beyond senior cowboiz of pulling off.
I've camped all day around Google and nairametrics, yet no updates.
I just want to hear the latest from the Judge's lips on that matter.

No any serious court case again,Wale and Co already accumulated alot of Oando at lower price below 10 Naira while you are afraid of delisting. They fought for it behind the scenes.

You will never see any official court sitting announcement again

Facts Behind the Listing and Closing Gong Ceremony by Aradel Holdings Plc

Dear Market Participants,

Pursuant to the Company’s request to withdraw its shares from trading on the NASD OTC Exchange, we wish to inform you that the shares of ARADEL HOLDINGS PLC will be placed on suspension at the Close of Business (COB) Friday, October 11, 2024.

Background

At the Annual General Meeting of Aradel Holdings PLC held on Wednesday, June 5, 2024, the shareholders approved the voluntary delisting of the company's shares from the NASD OTC Securities Exchange, subject to obtaining the necessary regulatory approvals and complying with all applicable regulatory requirements.

See details below:

Company Name: Aradel Holdings PLC
Symbol Code: SDARADEL
Date of Suspension: 11/10/2024 (COB)
Please be guided accordingly.

Thank you.

O

https://trinidadexpress.com/newsextra/3-shortlisted-to-purchase-refinery/article_f82dd1ee-8025-11ef-abf1-af1d54a7aecd.html

Xidget:
UBA nice one. Chai I should have bought more at #21.9 but I was waiting for 20.9 that never came

104M BID DEPTH

Unveiling

Aradel notice of stock split