₦airaland Forum

designking:
Those still waiting for Aradel at ₦250 to enter will either forget about Aradel or be forced to enter at ₦500.

It will come down again, bro.
It's a game.
If you play it like them, you would make money.

Good opportunity for those who felt trapped in Aradel to sell now if within their pick up price.

The big sellers will likely resume selling now too, maybe codedly.

Raider76:
On the bolded, all normal countries try to protect their home industries from competing with foreign manufacturers through restricting imports. These restrictions come in forms ranging from tariffs to outright bans of imports. You will recall how Trump used tariffs on Chinese goods. On the other hand countries help their industries' exports through actions ranging from subsidizing manufacturing costs, to make production cheaper so they can sell their products cheaper in foreign markets, to outright dumping of their products cheaply abroad.

So it is only in Nigeria that somehow this logic stands on its head. Government doesn't seem to care, at least in petrol refining, if local refining is sacrificed in favour of imports. It is absurd that importers are loudly beating their chests and shouting that they can import cheaper than buying from the local refinery. Of course they can. World trade is set up like that as explained above. Nigeria is a large market. So even if Dangote cuts his price and sells at a loss there will be foreign refiners who will match him just so they don't lose the Nigerian market. You will agree with me that there is no significant local refineries besides that of Dangote. So he can only be a monopoly against imports, which normal countries actually assist their industries to be.

On top of that it is increasingly clear that there may be a strong conflict of interest that allows imports to continue despite the fact that importing keeps pressure on the value of the Naira, and inflation higher, both of which the Government is supposedly trying to fight. All this is working against the interest of the country, endangering the jobs of the Nigerians in the Dangote refinery, all in favour of a few powerful importers, foreign industry and workers.

My question: In all of this squabble and its analysis, where does the masses come in?
We are not interested in their roforofo, we just want to buy fuel as cheap as possible.
Who will give us this? Is it what Dangote is fighting for?
The refinery was built largely from the vault of the CBN. Dangote is now denying all of that?
What is the essence of selling crude to him in naira if there is nothing in it for us - the Nigerian market?
We just want to buy fuel as cheap as possible.

KarlTom:
Sometimes it could be very frustrating.

Did I even mention that my ARADEL was lodged two days ago? That's right. Since I sent the first mail on 15 October...

Anyway, just keep sending mails (SEC, Registrar, Brokers).
Also make sure to request for your CSCS (this could show you the true standing)

Thank you, jare.

BabsO2:
You most likely have more than one broker. Have you checked your various stockbroker CSCS statements?

The other portfolio on CSCS was taken down few days before the outcome of the reconstruction was announced. I gave this nregistrar the details.

Please, does anyone know what is going on with African Prudentials, the registrar for TRANSCORP? All the units of TRANSCORP I had before the reconstruction is missing. I keep sending messages without any satisfactory response

BabsO2:
50 kobo or N1 doable out of 2024 EPS that stood at N5.04 in H1, to demonstrate their recovery is on course and to appease shareholders that asked the question last year at the AGM

2024 EPS should be greater than N10

Will be too much asking to expect dividend in 2024. 2025 would be a bit more realistic.

People want to see how they can successfully recapitalize first.

brotherly:
person wey buy part of my OANDO at 61.7 today there is GOD o . 150k units fa...

chimex38:
-->When you quote the 1st previous post, you copy the entire post. Then exit the page.

-->Then go ahead and quote the 2nd previous post.

--> paste the 1st previous post(that you copied) before or after the 2nd previoud post you just quoted(depending on the order you want to place them)

--->then comment a fresh-post below the two quoted previoud post

.....and, how do you delete a post, please?

robobo:
He go hard for Tony to maintain the 35 price, although he meant well because the price (35) would allow for less dilution.

but the thing hard no be small

Yeah. Looks like there is are deliberate efforts by some forces to frustrate this. It's so massive.

I think there is a serious battle going on for the soul of UBA. That thing is struggling for balance between two very strong opposing forces.

BullBearMkt:
I don't think that is correct. Donal Trump's policy favours oil and gas industry during his 1st tenure. His policies mainly focused on domestic production through significant deregulation. During this period oil price rose, though not significantly.

Try to dey put some legends on your charts. Merci

megawealth01:
Leave so he can learn maybe in a hard way?

I just pray he doesn't get too hurt the way he is moving.

He really needs to calm down and learn. Maybe he is not even reading most of the info being put up here.

As it is, UBA will have to maintain the >35 SP. Otherwise, the RI will fail.

KarlTom:
Don't loud it...

Na so.

If you check some of the individual volumes that have been going down ehnn
and they claim it's a bad stock.
The resurgence will be loud

KarlTom:
I think I am beginning to understand @EmmanuelWumi
Over the last few days, he has mentioned the sale of certain 'moribund' stocks.

He just might be sharpening his cutlass for the kill...

I do not agree with many theories and claims BUT I have learnt to read between the lines

THE BULL IS COMING!

Anyone who is not descerning enough to know when they are being gaslighted, na em sabi.
They try to force price down so they can pick

mikeapollo:
@Prophet, no need to use unnecessary, unprovoked derogatory words on our colleagues on this platform. Just deliver your message in good conscience and those who align with you would welcome and appreciate it. You don't need to banter anyone. Oando (and other stocks) belong to all of us, especially those who have invested in it. Even the larger public should have an opinion, because it is a public company.

Did you see the way they've been taunting him in contrast to how people have been gracious to those who promoted Aradel here and those who have sheepishly followed those promoters to buy Aradel?

megawealth01:
Expo?

It's apparently inevitable!

emmanuelewumi:
Na divine, apostolic and prophetic declaration, we shall definitely take back out possessions in seven folds.

Now you're gloating!

Good to see you confirming people's opinion that your views are laden with hate and some personal vendetta.
Maybe we will hget to know what happened between you and them someday?

One thing I know for sure, is that the market is massively bigger than this forum. Big guns here like you have opined on what would happen to stocks in the market, only for their predictions to fall flat back on their faces. Yours may have appeared to have coincided with what is happening with this stock of interest to you, but you need to realize that the market is bigger than this forum and popular opinions here will not always align with the market.

yMcy56:
OANDO Q2 2024
Attached
Exited loss position already....now in profit..
Also working on the so called debt they've been shouting about.....
So how's someone saying the company is gone with all these?

Auditors need to start querying what companies are reporting as cost of sales. In so many of the results released since last week, you see cost of sales/operating cost eating up over 90% of company's revenue.

bastardson:
We all said we gonna buy anything below 500.. Now everyone Dey fear 🤣😀.

When should we genuinely buy in?

Result couldn't help, Interim Dividend couldn't help, unless there is a major big news to drive sentiment in favour of the stock, the real fall of Aradel still dey do press up.

Princkez:
na me...I go soon clear everything,just dey watch

'cos I no just understand again o

Lol.

All the people placing their OANDO shares on offer. Who go buy am?

megawealth01:
Those Importing PMS Cheaper Than Ours Are Selling Substandard Products – Dangote


https://dailytrust.com/Those-importing-PMS-Cheaper-Than-Ours-Are-selling-Substandard-Products-Dangote-Refinery

Na today?

Agbalowomeri:
Of course, that's not what I am saying. How much will his indulgencies cost the company? E no fit pass N1B but you see that N233B admin expenses hmmmm

Did you see that of Julius Berger?

mikeapollo:
You sincerely believe or think a rational, educated person would struggle all his life to establish a huge company like Oando from the scratch, and then start chopping ''admin expenses'' in order to sabotage the profitability of the company, such that it could lead to the eventual collapse of the company and loss of all his investment?

Most of these analysis and analysts are coming from a place of hate and they have repeatedly admitted this. Why does it still bother you?

Just catch cruise with them, if you can, and move on to the next comment.

Will the suspension be lifted today?

In the few days I have been here, I have seen members refer to some select few as "elders", "pa", "oga" etc. Is it by age or the number of years they've been here?

Because all I can see are mostly petulant and childish individuals who are not able to hold their emotions in check in a social forum like this. We all can do better. We should be able to disagree with one another without jettisoning decorum and social ethos.

emmanuelewumi:
I don't think Street attacked him for sharing his opinions concerning Oando backed with facts, figures out historical antecedents but I think he attacked him for going personal and abusive

......and in the process, he went personal and abusive himself.

It is always better to ignore such uncouth and ill trained people.

emmanuelewumi:
Kilode, loan at 30% and 42% Keh.

Even me, the highest interest on my loans is 27%.

Oando should be able to negotiate lowers rates na, abi na cowboys dey give the loans to the company ni

You no go go find one owanbe attend this weekend and chop jellof rice? hian!!

megawealth01:
So prophecy dey stockmarket?

It's just a presentation style, I guess.

megawealth01:
VAWULENCE is that you?

Just for the records I no hate Wale ooooo after all I'm making money from his games

You're like the typical s'eku s'eye - non-committal