₦airaland Forum

PETERiCHY:
EDU & COY Rightnow

Another member of the email group

emmanuelewumi:
What is N300 million to a company with a profit after tax of over N350 billion.

N200 million is less than 0.1% of their profit


N200 million to a team of about 20 people is less than half the CEOs annual salary

He thinks Nigerian banks are insurance companies or Ellah lekos.

megamart247:
For once be happy with those making money and stop being pessimistic.

You're a confirmed member of the email group.

yMcy56:
E Ku Market ooo 😁
Where's Edueco that was insulting me?
Hope you listen to my advice yesterday that you should pick some insurance stocks....

** All insurance stocks on full bid in market....

I don't do insurance stocks!

I pity the last buyers of these insurance stocks after the pumping.

SohSoh:
Lol

I sure say na because of Loco dem write say Ellah Lakes and Presco dey compete

The writer is high on something!

Locotrader:
EDUECO,shebi na analysis for stock.
You go do am tire.
Insurance companies wey go see 100,200,300% without results and dividend you dey waste blood.

Anyway if na to get rich,teachers and professors for be the richest people on earth.

Some long analysis for insurance stocks na skip for Loco now.

Okay o

jckgroup1:
All insurance stock on the NGX are currently on full bid.

The challenge now is to identify the few that will enjoy a longer rally...

Or the insurance coys that will really benefit from the presidential approval.

Kindly share your thoughts.

AXA Mansard is one of the best dividend paying Insurance companies.

Custodian is another good one

You can hardly go wrong with consistent dividend paying companies.

yMcy56:
SUNU....
* Has one of the smallest OS in the industry, 5.81bn
* Foreign investor owns around 90% of the Outstanding Shares
* Free float as at March 2025 is 9%, translating to 534Million
* Interpret this message as you think it is in relations to the New Reform Act approved as it suits you..... 😊

** I think all the insurance stocks are in for a re-price as time goes on**

*NB: If you like call it MH, na you sabi.
No one is forcing anything or any stock on anybody...... stick with what works for you and makes you sleep at night.

Good afternoon our Plutomania Presido! You don come again with all these your PLAN WELL stocks.

megamart247:
A blue chip stock is a stock of a large, well-established, and financially sound company that has a history of consistent performance and stable growth. These companies are typically leaders in their industries, known for generating steady profits and paying dividends, making them a relatively safe and reliable investment option, especially for long-term investors.


OGA THATS THE MEANING OF BLUE CHIP STOCK INCASE YOU MISSED YOUR CLASSES

Has FCMB not meant all the criteria in the definition of blue chip stocks? FCMB has meant all the criteria of a blue chip stock.

Zegra:
With all due respect, FCMB is not a blue-chip stock

This is what I google for you:

Itzlinda:
In Nigeria I think the yardstick for becoming blue chip now is to have atleast trillion naira market cap and have a history of growth for may be 10 years.

Fcmb being 400 billion market cap means it might be prone to volatility than trillion naira blue-chip like say Bua or dang

It's market cap being less than

It's not only by market capitalization.

Zegra:
Please google blue chip stock

Okay Guguru,here is an evidence for you!


FCMB is not Unity Bank!

Streetinvestor2:
Agba whr are u.Na watin your insurance index see be this when we talked about aiico.I can't wait to collect my school fees in many of them.
I have collected for aiico.I dey watch others.
I won't let it pass this time because I don't know when the opportunity fit happen again..lol.
When I collect my money they can fly away.

Around 2008 when I was still A REAL NEWBIE;I asked my analogue stockbroker the 'best companies' to buy,he told me to buy insurance companies because they are the best !

Some of those insurance stocks have been delisted.

megamart247:
So FCMB is now a blue chip stock
Your problem is you like castigating stocks you are not invested in and that is very bad.

No na black chip stock?

A bank that has consistently made profit and paid dividends for the past 5 years is what ?

All these 'send me an email' monkey hunting gang think they can antagonize or gaslight me? No they can't!

Itzlinda:
I'm just angry I'm just finding out about this thread not long ago.

I have doubled my money since I joined 3 months ago.

I was losing money back to back in crypto

Cryptocurrency is a kind of advanced Ponzi or scam.

Have it at the back of your mind you can also lose money in stock investment.

FCMB is gradually going up just like WEMA bank did.

Locotrader:
It is another day for 10%

Insurance stocks again today.
Yesterday,they were 7 that did full bids.
Today,others will vex and join.
It's not by results or dividend @ insurance stocks.
Just because iron sharpneth iron and if one finger dips oil,it affects other fingers.

Enjoy the day @ insurance stocks.Volumes in action.insurance Index to rise more.

Game na game

Is not by results or dividend ? Okay oo!

Na when stampede to exit from insurance stocks start now,you go change your talk like motivational speaker.

The return of my money supercedes the return on my money!

Nigeria government even carry their corruption and mediocrity go USA?

Valthegreat:
On a serious note @ymcy and @Aj8 do not deserve that tag at all. They are very valuable members of this group who give all they know for free without holding anything back. Please withdraw their names from the call out, we don't want them to feel bad.

You don't mean it?

Joyful365:
OandO will need additional or around ₦12 trillion+ inflow of equity from shareholders at its current ₦53 to reach a share price of ₦900. This doesn't look likely in the next 7 years.

Prophet has malaria!

Na mosquito cause am!

purity2all:
You don't just throw accusations like that based on assumptions. @ymcy and @ aje are valuable members of this forum. Calling them out on the basis you did is totally wrong.

Another one from the email cell group!

Valuable in marketing the stocks they're about to sell?


Una think na only una wise?

SonofElElyonRet:
Wild unfounded allegations. Type responsibly and not childishly

You think you can gaslight me?

9free:
Lol.......For more jokes, text NSEMPA to 111

NSEMPA na really for jokes!

Why would someone profess that value investors are buying O&O Yahooze Nigeria Ltd. if not that the fellow is joking?

A company that the shareholder's funds is negative and this same company has humongous debt.

pluto09:
There is need for us to exercise restraint in throwing accusations around.
Yes, we have people with ulterior motive around here but those two you quoted are not in that category .

Alright Pluto Presido
I talk am, dem email gangs done dey come out from their hole small small.

SonofElElyonRet:
You have no evidence of this. Not nice to attack people's reputation without hard evidence

You're probably a part of this email group?

SonofElElyonRet:
Wetin concern you with their private correspondence, Mr "Shorboryorkay"?

You no hear say na the email correspondence people dey plan how dem go take pump and dump stocks of mediocre companies?

SonofElElyonRet:
Prophet no rely on prophecy again. Una don put am under pressure. Him don dey shalaye with workings

Him analysis be like paralysis!

Prophet say the value of Oando na between 700 to 800 Naira? I sure say prophet done high.

Streetinvestor2:
You won't understand. I knew emails existed but start suspecting since this yr that this people could have transformed to watsup group. The way some apologies or say they are still in a particular stock when they feel they must have said something wrong. The way they call for team support, validation and give likes.Then you must not say anything against thr audios even when they speak from two side of thr mouth. Then they come out with similar sentence .
Bros if you no shine eyes again for this thread they go chop you maga oh.Play the game with them using long spoon. This place walahi is the only office thr ogas have oh.leave all those audio claims. I be street and igbo man join.Go to markets dominated by igbos.The audio importers they always be 10x to the real importers. Person go carry you enter shop sell you monkey hand making you believe he owns the shop.Na few they get true shop many na guy men way wan chop you maga.This thread has become main market onitsha oh

See 2 members of the email ga.ng

Make we start to dey expose them here.

Wetin una want discuss wey una no fit discuss fo here ,if not be monkey hunting?

ProphetUtuocha:
Value investors
Are accumulating Oando
While folks panic-sale

Based on a comprehensive analysis of Oando PLC's financial health, valuation metrics, growth prospects, and risk factors using the latest available data (as of August 2025), here is an evaluation of its suitability for value investors:

### 📉 **1. Financial Health: Significant Concerns**
- **Negative Shareholder Equity**: Oando reports **negative book value of -₦305.88 billion** (H1 2025), with liabilities (₦7.07 trillion) exceeding assets (₦6.76 trillion) . This results in a problematic **price-to-book ratio of -2.9x** (vs. sector average of 1.1x) .
- **High Debt Burden**: Total debt includes a $375 million reserve-based lending facility. While debt restructuring is underway, the leverage remains extreme (**debt-to-equity ratio of -1,044%**) .
- **Profitability Pressures**: H1 2025 revenue fell 15% YoY to ₦1.72 trillion, and gross profit declined 28% due to reduced trading activity and weaker oil prices .

### 📊 **2. Valuation Metrics: Mixed Signals**
- **Earnings Strength**: H1 2025 EPS surged to ₦5 (from a ₦4 loss in H1 2024). Annualized EPS of ₦10 implies a forward P/E of **5.3x**—well below peers (CONOIL: 98.5x, Sector Avg: 43.5x) .
- **Market Pricing vs. Fair Value**:
- Current price: ₦53.10 (as of Aug 3, 2025) .
- SimplyWall.st estimates intrinsic value at ₦57 (7% undervalued) .
- Investing.com models suggest ₦55–₦60 fair value (3–13% upside) .
- **Low Price/Sales Ratio**: 0.2x vs. sector average of 1.1x, indicating potential undervaluation relative to revenue .

### 🚀 **3. Growth Catalysts: Operational Strengths**
- **Production Surge**: Upstream output jumped 63% YoY to 37,012 boepd, driven by NAOC asset integration and operational improvements .
- **Strategic Diversification**: Expanding into LNG, metals trading, and clean energy (e.g., solar module assembly, EV buses) to offset PMS import declines .
- **Reserve Expansion**: NAOC acquisition boosted recoverable reserves to 983 million boe, potentially generating $11 billion in future cash flows .

### ⚠️ **4. Key Risks for Value Investors**
- **Balance Sheet Instability**: Negative equity and high liabilities could trigger dilution or restructuring failures .
- **Regulatory/Litigation Risks**: Ongoing delisting disputes with minority shareholders may create overhangs .
- **Market Volatility**: 52-week range of ₦26–₦98.40 highlights extreme price swings (+146% YoY but -11.6% weekly) .
- **Sector Headwinds**: Dangote Refinery competition reduced PMS imports, pressuring trading revenue .

### 💎 **Conclusion: Cautious Opportunity for Risk-Tolerant Value Investors**
Oando presents a **high-risk, high-reward profile**:
- ✅ **Potential Buy Case**: If debt restructuring succeeds (planned for Q3 2025) and production growth sustains, the stock could reach ₦60 (13% upside). Its low P/E and operational turnaround align with deep-value strategies .
- ❌ **Avoid Case**: Traditional value investors should steer clear due to negative equity, erratic profitability, and leverage. The absence of dividends exacerbates these concerns .

**Recommendation**: Only suitable for investors with **high risk tolerance** and a conviction in management's ability to execute restructuring. Monitor Q3 2025 debt resolution outcomes and production targets (40,000 boepd) closely before committing .

ProphetUtuocha:
Value investors
Are accumulating Oando
While folks panic-sale

Oando is for gamblers aka hope investors; there is no value in Oando.