₦airaland Forum

Thunderlicious:
Wetin dey worry this ucap self? Very stubborn.

It must fall... I am patiently waiting for it at my usual junction.

cadno:
Which shows U are still very interested in this stock, so y discourage people...Oando was N2.98 some month back..I sold all my Vitafoam after sometime and have never looked back...but when u bad mouth a stock and still keep eyeing it...i suspect foul play

The issue of oando has been on for years, you can check from on around page 10 of this thread or so, no be today I dey their matter.. The same on SMN, the longest debate ever in respect to the stock market was on oando... Stop comparing oando with vitafoam. If you can sit down and watch investors get burnt in vitafoam after your experience, well sorry I can't do that. I prefer to do the needful so that my conscience will be clear.

locodemy:
oga km10...........you will regret this soon

Regret? You are the one currently sitting in the hot seat not me.
If you think you know better than the auditors who are professionals and have rang a warning bell about the continuity of this company, then I can only pray for God to help you because when the time comes, you won't know... Skye bank and MRS are examples.

cadno:
Oga Born....hw market...Na only Oando Tori de bring U out..

Your are right... Oando vs B2BR have been fighting for years. That's why the tag #jokeoftheyear has been trending here for about 3years now.. I only do so to warn other investors From making the same mistake as I did.
People should be wary of FCMB and FBNH as they are the major financiers of COP deal... If oando is in trouble they are likely to be affected.
My humble thoughts

Elai147:
I sincerely hope Oando is not next in line. BnSiTL who are in for long term should be careful with this coy.

Oga Elai leave them, even the crook called uncle wale is using style to offload his, let them stay there... When a whole Auditor is ringing the warning bells, let them be forming heart of Lion abi na tiger. Time will tell.

As for MRS if have friends that are working there... Does it mean that Macon will take over the business or sell it's properties?

Intendy:
https://www.proshareng.com/news/People/Oando-Plc-Appoints-Ikeme-Osakwe-and-Ademola-Akinrele-as-Non-Executive-Directors/31620

http://www.vanguardngr.com/2016/07/n38bn-loss-oando-counters-ernst-young-concern-future/

oando vs auditor
Round 1 fight

ernst young has simply said the truth about oando by ringing the warning signals about this cursed stock, but as usual the sentimental shareholders won't agree..
Oando is heading to the rocks, even it's auditor has raised the warning... Uncle wale has offloaded some units on Friday worth about N200m... If you are still waiting for it to reach km10 then you are sitting on a long thing...

Waiting for this dead stock at my usual junction.. N2 junction to be precise.

#jokeoftheyear

Morgan capital is using Skye bank, right? Abeg, i hope our money is safe? I no wan hear story o!!!

megainvest:
Ok. Their first assignment: Publish the result and let us see. No time for tori!

With CBN taking over, they have no choice than to publish the result.

Intendy:
what I'm saying here is that infinity is behaving like unity bank when they want to make the going look good.

if the result was bad they will be waiting to align it with other bad result s or drop it in dthe midst of good result to go unnoticed.

Okay.

Intendy:
http://nse.com.ng/Financial_NewsDocs/14168_INFINITY_TRUST_Q2_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

oga born2berich see as d coy post result sharp sharp cause it's good.

Are you comparing infinity trust to the likes of skye bank? Seriously? How many people trade in infinity trust when compared to skye bank?

''No company will delay a good result'' have been said severally on this thread but many will not heed to the warnings. Current information has it that the CBN plans dissolving the board and management of skyebank plc and partial take over the bank..Now, the stock is on full offer and no single bid..Reminds me about oceanic bank plc saga. It is well. I hope none of NSEMPA is caught in this web.

Godisfaithful:
July gifts from Meristem Securities...have a blessed weekend

Enough JIJO on that day then.

locodemy:
PETERICHY;228115 wrote:
I STILL MAINTAIN ALL MY STANCES FROM ONSET
1.OANDO will make all long termers stinkingly RiCH
2.If you have a short term fund or borrowed fund of any sort
don't go near OANDO.
3.If you cant take the heat then better stays off the kitchen.
4.As long as NSE is concerns my PORTFOLIO is
100% OANDO.
5.If you have an idle fund invest OANDO and sleep with both
eyes closed.
6.After the RAIN comes the SUNSHINE.
7.Bear in mind my instincts never lied for once.
I REST MY CASE
*ThE OcToPuS*

Oga Peter pls say something.......i culled this from SMN.Now that the result is finally out likewise Q1.Do we buy or sell?

That was when he was doing TumbumTumbum analysis. You even forgot to add the part where he said oando will reach N1,000 in 5 years time. (He made that statement about 2-3years ago). We are still counting. When the time reaches, Pa Emma will claim his bet while i collect my usual commission.

The market reaction towards the stock was still not impressive. Dont get sucked in. #jokeoftheyear

Manonamission:
So not even a forward looking statement or another press release to expect result on or before July 31st? Skye, Oando and Stanbic, there is God o.

Forget about oando. The CEO himself is a crook and derives pleasure in punishing the shareholders. Expect another forward looking statement soon. #jokeoftheyear

9free:
I have said before that I will not do Insurance companies on the NSE again, but Aiico selling far below NEM seems tempting.....
Yzed, B2bR, GiF, Mercy, what sayeth thou??

Anybody buying insurance shares is solely on his or her own. I still have about 5 insurance companies that i am hoping to dump but no single buyer for over 8years now.

Is this applicable to staff going for internal interview?

NuttyChoky:
It is working here 10:20am

thanks, let me try again

Morgan itrade is down right?

lancee:
http://abokifx.com/nigerias-oando-signs-94-6-bln-naira-restructuring-loan

Oando will keep deceiving it's shareholders no matter how long. A company that has a financial crook as MD/CEO should be totally avoided you till you see a clear direction from them...

Lest we forget, the useless company has shifted the release date again for its FY2015 result..This is one news they won't want you to see.
#jokeoftheyear

http://www.oandoplc.com/media/press-release/extension-to-the-release-of-oando-plc%e2%80%99s-2015-audited-financial-statements/

feelamong:
http://www.nse.com.ng/Financial_NewsDocs/13712_FBN_HOLDINGS_PLC_-_PRESS_RELEASE_CORPORATE_ACTIONS_MAY_2016.pdf

Good move by fbnh management. It is best to inform the public and shareholders about what is going on than to wait for it to come out to the public and cause unnecessary panic selling.

Manonamission:
It's not a done deal. The target is 75% but the parent company failed to achieve target. Still on 58.53%. Using the news post as a basis for a BUY decision is what I would consider risky.

You might be right..Let me make more findings though

Intendy:
welcome back.you are right.there was even a proposal for tender offer then

Thanks. I just preferred to watch from the sidelines as things unfold. I was surprised seeing the news again when i remembered that this was a done deal since last year. Was the newspaper company paid to bring out this old news again?

mercylicious:
I jus entered unilever
http://thenationonlineng.net/shareholders-block-unilevers-bid-overriding-stake-unilever-nigeria/

Nigerian shareholders largely shunned a N43 billion share-acquisition bid by Unilever Overseas Holdings, United Kingdom aimed at acquiring a quarter of Unilever Nigeria’s shares to increase the multinational’s majority equity stake in the Nigerian subsidiary to 75 per cent.
The latest audit of Unilever Nigeria, scheduled to be presented to the company’s general meeting on May 12, indicated that Unilever UK’s total shareholdings in Unilever Nigeria only increased by 8.49 per cent from 50.04 per cent to 58.53 per cent after the conclusion of acquisition bid. Besides, Unilever UK had resorted to mopping up the shares of Unilever Nigeria through the Nigerian Stock Exchange (NSE).
Unilever UK now holds 58.53 per cent, 16.47 per cent short of the 75 per cent, through two holding companies-Unilever Overseas Holdings BV Holland, which holds 50.04 per cent and Unilever Overseas Holdings BV, which holds 8.49 per cent. Nigerian investors retain 41.47 per cent shareholdings in Unilever Nigeria.
“The total shareholding of Unilever Overseas Holdings B.V. increased to 321,395,410 following the Tender Offer to other Shareholders of Unilever Nigeria Plc and open market purchases made during closed periods in 2015,” according to the audit.
The Nation’s check indicated that Unilever UK holds a total of 2.214 billion ordinary shares of 50 kobo each out of Unilever Nigeria’s total issued shares of 3.78 billion ordinary shares of 50 kobo each. A breakdown showed that Unilever Overseas Holdings BV Holland holds 1.89 billion shares.
Under the extant laws, a 75 per cent equity stake would have given Unilever UK the overriding majority equity stake to undertake several strategic transactions including mergers, acquisitions, new capital issues and other major corporate changes with little or less resistance from Nigerian shareholders.
A shareholders’ leader who spoke to The Nation said they mobilised against the acquisition bid because Nigerian shareholders felt the bid was not fair and in the best interest of Nigeria. The shareholders’ leader cited shareholders’ resistance to similar move by GlaxoSmithKline UK, which was forced to abandon bid to acquire overriding majority equity stakes in GlaxoSmithKline Consumer Nigeria by acquiring shares held by minority Nigerian shareholders.
Unilever Overseas Holdings, the United kingdom-based foreign core investor in Unilever Nigeria, had in first half of 2015 sought to increase its majority equity stake in the Nigerian subsidiary from 50 per cent to 75 per cent, citing long-term strategic importance of Unilever Nigeria to its global business.
In a transaction initially valued at about N43 billion or £144.5 million, Unilever Overseas Holdings sought to increase its equity stake in the Nigerian company from 50.04 per cent up to a maximum of 75 per cent by buying additional shares from minority shareholders. The tender offer sought to acquire about 942.42 million ordinary shares in Unilever Nigeria at a price of N45.50 per share in cash.
In a statement signed by Richard Hazell, Director, Unilever Overseas Holdings B.V, Unilever had said it was making the additional share acquisition as part of long-term strategic plan by the conglomerate as it believes that Nigeria offers significant growth potential.
“The Unilever Group has had a major presence in Nigeria for many years and continues to believe that the country offers significant growth potential. This makes Nigeria a strategic long term investment priority for Unilever Overseas. Globally, the Unilever Group is focused on investing in the foods, household and personal care categories and the long heritage and great brands of Unilever Nigeria in these categories in Nigeria make it attractive for Unilever Overseas to increase its holding in Unilever Nigeria, whilst maintaining its stock exchange listing,” Unilever stated in the statement enclosed in the tender offer.

Is this news not old news? I thought this news came out early last year?

MissTechy:
Err I don't understand your question.. you can't register for my domain name

I am actually asking for how you registered your dormain name...I just need the steps

Arnoldo:
what kinda host do u intend using? or u wana use ?

I intend to use dot com

Arnoldo:
Godaddy will do..you can even use their coupon to buy domain as cheap as $0.99

thanks..the reason I ask is because I intend starting my own blog soon...I need details on how to start after getting my domain registered on godaddy. Please can you help?

ChuzzyBlog:
whogohost is cool and have good customer relationship

Thanks, please give me their link and details

ChuzzyBlog:
This should help...

https://www.nairaland.com/2438717/goodnews-adsense-applicantsget-adsense-approved#35659311>

Please may i know the domain register you are using or better still, recommend a good one for me.

MissTechy:
LMAO, that was a mistake and I have reported it, but it hasn't been deleted yet. no vex

Hi misstechy and all, please i would like to know the domain name you are using and how to go about registering for it. Your quick response will be highly appreciated.

swimcash:
hello Ouse, I bought UBA shares in 2007, bought for #35 per unit, n I bought 3000units. few months after purchasing d shares, its lost it values frm #35 to #5 per shares. at present I av over 10000 unit bt due 2 d fall of d value I was frustrated n I seize following d current values. pls can any1 inform me on d present value of UBA stocks? tnks

The current price of UBA is N3.60
N3.60 X 10,000 units= N36,000 value

ufotty2001:
JESUS CHRIST 0.41 @ THAT SHARE PRICE OF 1.15... THIS IS ANOTHER UCAP

Transcorp hotel is different from transcorp PLC...You better don't fall for another trap...Take note.