₦airaland Forum

Raider76:
But one of these companies has just developed an innovative dividend called "share redistribution", which they will pay to shareholders for the next three years, barring any unforseen shenanigans.

Innovative dividend

@ololufemi
Calm down Man..
His initial statement was simply harmless. It was rather even consoling

no need making a mountain out of a molehill.
Unless na cruise

jideflash:
mistake, the EPS is 23kobo not N23naira.

Correct.
Though, there are a lot more positives from that highlight

jideflash:
mistake, the EPS is 23kobo not N23naira.

Eagle eyes

zendi:
The President is the Minister for Petroleum.
It is a retained portfolio, by discretion of the President.

Buhari did too.

The Minister of State, Lokpobiri, not Kyari, is his deputy in the Ministry.
The Minister of State is also called the Junior Minister.
There is one or two in every Ministry.

I know all these. I only said I forgot PBAT is still the actual minister.
and also meant that Kyari(NNPC GMD) seems more visible than the actual state minister(Lokpobiri)

Thanks all the same for the breakdown.

SonofElElyonRet:
Why dem no fit spell quarter for top of the page nah?

All these Eagle eyes

KarlTom:
We are technically on same page.

PBAT, in this scenario, acted as the Minister of Petroleum Resources in which capacity the proposal was presented to [and adopted by] the FEC headed by the President

The bolded is Minister BAT

Lol... I get you now.
I forget say PBAT na still Chiarmo for that side
Na Lokpobiri Kyari sef i think say na Minister
Na him visible for media pass.

toyeoye:
Correction, Street analysis

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

Nice site by the way. Kudus!👍

Streetinvestor2:
ok make I give you my maths angle based on my purchases which was a bet then.
I have 2 batches of purchase then on my bet naija stock
The first was BE of less than #10
The second has BE of less than #15
It is this third that I was targeting #65 and below hoping the news will come late

Now if oando gives me 1 for 12.If I decide to sell @#70.I will have 8 figures as proceeds
This has covered the cost for all the batch 1 purchase plus enough change
If the second distribution happens this yr again.The proceeds will cover batch 2 if the unit I get is the same as the first distribution.
Therefore my money that will be left in oando will be the one for this batch 3.
The first and second batch of oando shares go now be free units.Abeg I nobe witch. I appreciate that effort coming from wale.
Pls this is applicable to my situation in oando investment going forward.

I get you perfectly.
I was only saying Profit should increase this 2025 to help cover principals-debts gradually and hence discourage coming to the market to raise funds. and even if they eventually do, it will be very minimal.
But from such an entry level of yours and @ current price, any possible dilution is very far from you

KarlTom:
The bolded might be interpreted as taking things personal. It was not an Executive Act of PBAT.

There is what we call the Production Curtailment and Domestic Crude Oil Supply Obligation Regulations (DCSO) 2023 which is issued AND enacted by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) as premised on Section 109 (2) of the PIA...

The Petroleum Industry Act (PIA) was signed into law on 16th August, 2021

OK.. maybe I should've used obliged instead of forced.
(But that's how I perceive executive orders just as Trump is doing ).
Nothing personal.

The PIA might have provided for the DCSO as you stated to sell quotas to local refinery.
But the currency of transaction of crude-sale was changed to Naira by PBAT.
It was in the news then.
My emphasis is on the use of the Naira for local transaction rather than the usual Dollar 💵

Streetinvestor2:
The debt is middium to long time.Are they servicing the debt...yes
Is there possibility of default..no
Can they pay back from assets/revenue over time...yes
Is the debt affecting level of profit..yes
Is something still left after cost of finance...yes
This answers are more positive to me in my street sense..
The only fear for me now is oil price should not drop.I am buying my third batch. I don't need validation oh..After all alhaji failed me in sugar.
Q4 2024 was negative. I expect q1 2025 to be positive

I like your angle to it.
I also hope for the best without much dilution.

Streetinvestor2:
As it stands now.I will bet on oando doing 100% this yr than any stock above #500 doing 100%.I say as I see it.I have no attachment to any stock as I have different stock in my portfolio. Wale is doing well in his actions for sometimes now.i will rather bet on #70 than many big companies.

With this redistribution. It is good dividend for the next three yrs as I expect good appreciation. For the negative shareholders fund.The company will overcome it as oil production increases with increased revenue. I doubt they will come for any fund raising. If they should be coming for that.The likes of sugar,mtn etc should equally be coming for that but I don't think is going to happen...
My street sense..
The only worry on oando now is crash in the price of oil besides that nothing dey happen

The debt no be here Oo .
Plus Most of the Oil Companies are forced to sell a percentage to local refineries in dollars Naira) by PBAT executive act.
Unless probably their debts are restructured for long term.
I think they will have to come to the market.

emmaodet:
Stocks with unusual high volume today

Probably banks Q4 2024 expectations

aj8:
Top Ten Trades Today/ Top Twenty Trades Today

ha!! What's cooking?
Dem don finally acquire CBN?

Raider76:
But these shares belong to current shareholders TODAY. Is it ok for a company to hold shares belonging to shareholders and be giving them back in tranches over 3 years? This is different from dividends for which the company has to earn profits annually. Anyway these are my views, at the risk of being called an Oando hater by the powers that be here. I was holding since before the AGM, and I have now sold the news.

The shares belong to OandO and they decided to pay shareholders rather than even creditors.
Anyone investors see na to collect am.. at all at all

Sunrisepebble:
Wale

https://gazettengr.com/wale-tinubu-sues-peoples-gazette-demands-n1-billion-over-story-on-oandos-takeover-of-agip-nigerian-assets/

defamation and cyber bullying na crime according to police

Wale dey go through all publications in 2024 for all possible libel suit

Balance sheet creditors must be paid

yMcy56:
If you've been following the history of OANDO, I think this should be a welcomed development to anyone.
It is a right step in the right direction.

Let's say current share price is 70 now
70/3 +70 = N93/100......should give us the new price range.....
Lol, make una no mind my shortcut calculations oooooh 😁
...but it's expected at that range or above as time goes on...😁
OANDO needs to move above 100.......time is what we don't know yet.

Yes around that price.if looked at like a share buyback or share reconstruction.

True True, wale smart.
I cut cap 🙌

Whatever ideas investors have, you have to restrategise..

GeeKudi:
And you don't reckon Lagos and Abuja to be part of Nigeria?

I think we should resist this urge of discrediting anything that has to do wth our country.

OK. If you say so..
but it subtly passes the illusion of a good spread of healthcare system in the country.

BabsO2:
I no read the story. But it could be related to some Nigerians coming to attend dental clinic in Nigeria as there are some advantages for doing so. Or like that CNN anchor story.

Former CNN anchor Isha Sesay, of Sierra Leonean descent, brought her mother to Nigeria for medical treatment. She praised the Nigerian medical staff for their exceptional care, noting that her mother was admitted to Lagoon Hospital in Apapa, where she spent three months in the Intensive Care Unit. 

Stuff like this here and there.

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

Sunrisepebble:
700 million shares na joke to you
They’re not even releasing corporate disclosure that they’re selling

Not releasing cuz sale is in piece meal and on a daily I suppose.
I believe until they aggregate it to a substantial quantity to avoid unnecessary periodic flooding of notifications on NGx
(like Airtel).

On a lighter note

Make dem kuku do share distribution for boyz so price go move .

Dem go get am back when Price reach 4digits+

pluto09:
Yes, some are coming from outside to attend clinics in Nigeria but not in the scale of what we can call trooping.
Two major factors are responsible for this, you get your appointment on time and it is cheaper.
But believe you me, this is mostly happening in some selected/elite private hospitals.
The government run hospitals can't compete in that space.

yes, u make a point.
cheaper currency is also a major factor and specialised private hospitals.

essentialone:
Access Bank PLC SDACCESS
Afriland Properties Plc SDAFRILAND
AG Mortgage Bank Plc SDAGMBANK
Air Liquide Plc SDAIRLIQ
Central Securities Clearing System (CSCS) PLC SDCSCSPLC
Cititrust Holdings PLC SDCITITRUST
Friesland Campina Wamco Nigeria PLC SDFCWAMCO
NASD Plc SDNASDPLC
Aradel Holdings PLC SDARADEL
Nigeria Mortgage Refinance Company Plc SDNMRCPLC
UBN Property Company Plc SDUBNPROP
Purple Real Estate Income PLC SDPURPLERE
11 PLC SD11PLC
CAPITAL HOTELS PLC SDCAPHOTEL

Aradel should have seen removed. maybe some others sef, I dunno.

But dem no dey update their website.
Na money everybody dey find

Recently Usman danfodio university Sokoto just celebrated it's first kidney transplant...
A university that started it's medical school in 1983 or so..
Equipped to standard from 2013 upwards till in 2025 they achieved a dream.

FMC Owerri has just converted to FUTH less than 3yrs ago.. Due to the upgraded facilities, the doctors just succeeded in using IVF treatment for the first time few months ago.

In both cases, the brains at the universities and clinics are there but no facilities or funded research.
Na to dey train Doctors who japa and do wonders outside naija.
But themselves don't have the facilities, spread and funded research to perform these break through here and on time.

(Kpele for the unrelated thread epistle 🙄)

Agbalowomeri:
Do you know how long they stay on the queue for clinic appointments? Lots of Nigerians in the UK/Us/Canada opt out to come naija for medical/surgical procedure when frustrated with clinic appointments

Well, probably true with UKs current health care crisis but its basically an admin/population Problem not poor treatment or lack of equipment or maintenance.
And their destination is probably LAGOS.. That's all.
A stretch would be National Hospital Abuja or some military hospitals.
most na referral things.

megawealth01:
What if it's true?

Nigeria has one of the best brains in the medical field

So 1-2 persons come Nigeria for medcare means UK dey flock into Nigeria,?
I agree on best brains but not hospital.
Healthcare is largely infrastructure.

As for brain, the research centres with recurrent allocations to sustain innovation aren't there for the brainy health personnels to prove their worth.

The only thing we better pass US of A(though not UK) now na Aircraft Safety..

Na gbasgbos crashes for USA since last year..
I go prefer Xjet abi na Ibom Air and Airpeace to any US flying object.

essentialone:
List some of the companies presently on Blue

They are all categorised at their website below.

https://nasdng.com/prices-markets/securities-categorization/

NASD, CSCS, AFRILAND, CAPITAL HOTEL, etc are all in blue.

megawealth01:
US, UK Patients Now Seek Medical Care In Nigeria - Minister Of Health, Pate

https://www.vanguardngr.com/2025/02/us-uk-patients-now-seek-medical-care-in-nigeria-fg/

Will this news push pharma stocks?

Na wash joor
Nigeria ko Nigérien ni.

Sunrisepebble:
Not really a new information but FYI for Aradel owners. The PE firm is still selling down their stake. They're the ones that won't let it go higher
Im not sure why they're doing it on the open market like this but I guess they are yet to find a buyer for the huge quantity

All the intermittent full bid Aradel has been doing since listing never do to sell off?

I think Aradel has done more than 4 full bids at different times if not more since listing..

This is simply Chams in high places

emmaodet:
Which stock do you think will move from Nasd to NGX?

As essential one said okitupupa is most likely as they seem to have voiced their intentions. But they are far from ready.

According to the little know about NASD rules from their website,

It is still placed in Pink color..
Kind of like a growth stock on NASD platform.

The functional active stocks that have met the basic NASD requirements are in Blue..
They should be the most likely to list.

essentialone:
I place my own Bid at Market Price. Try it. It will surely pick soon.

If market order price skyrockets exponentiallly by more than 10%, like, 20-30% you may not get up-to 50% of your volume..
Isn't that how NASD operates?

mikeapollo:
The huge finance costs on the debt is depressing profits and contributing to loss making.
Poor or inadequate profits would make it difficult for the company to attract more investors and also affect the share price.
The crude oil in the ground stills requires funds (cashflow) for it to be pumped and sold to generate revenue, otherwise it would remain dormant. So it is advisable they reduce the debt and related finance costs in order to improve profit margins.

In one of the numerous articles, Wale say Engr. AI will be employed to do drilling to reduce cost