₦airaland Forum

godlyguy:
A bag of rice now 110k and minimum wage is 70k! Happy October 1 Nigeria

Be wise

The choice is clear as to whether to earn minimum wage or plant rice. Anything else na whining

godlyguy:
Mention oando nothing will happen. Oando is bigger than the regulators. They can do anything and get away with it?

Yawn 🥱

To succeed in the stocks business, one needs a giant size strainer to sieve the substance from the noise in the market 😀

Streetinvestor2:
Do you have idea what made up the expenses. If the expenses is not waste then no problem.



Like what I said in the past.If they had shown the farm size occupying the palm trees since they are already harvesting maginal fruit. And structure on ground to transform fruit to palm oil instead of paparazzi. It would have made better sense

This round is to make the "cow bois" happy, it is just to generate some excitement around the SP

Raider76:
This is just a dream.

Dreams do come true.

megawealth01:
Una go wait tire. Do you think it's bubu that's still in-charge. [/b]Bulaba sabi macroeconomics ooooo

[b]

I hope your account has not been hacked 😕

Zagee:
"Even though even though, why are you using Ade and Olu"
You must be tribalistic..☻️☻️☻️

Laugh mattazzz

Sunrisepebble:
A private equity firm that holds about 20% of the shares outstanding. They invested in the company a while ago, I think around #300 levels and are now looking to exit having made significant returns on their investment. Rumor has it that it could even be them pushing for the NGX listing for ease of exit (more traction/liquidity on NGX). But I doubt they can just dump their shares on the market like that, so I don’t think it’s anything to worry about as of yet, they will have to find a strategic buyer for the volume they hold and I have it on good authority that they will do an offer for sale

Stay safe.

yMcy56:
How could you forget our one and only Customstreet?
Sometimes, [/b] I do feel Sunrisepebbles is somehow Oga Customs self.... [b]

When we tell them to tone down on their rude and careless posts, they turn it to attack......
You won't believe the kind of personalities here and even those our Ogas on top....
@CP, Oga Oracle, Oga Wanaj0, Oga Emma, even Agba and quite some others with simple monikers that one can't even imagine.....some don't post, some it's once a.while......

My exact thought too 😌

https://www-bbc-co-uk.cdn.ampproject.org/v/s/www.bbc.co.uk/news/articles/cvg3gwkkk4mo.amp?amp_gsa=1&amp_js_v=a9&usqp=mq331AQGsAEggAID#amp_tf=From%20%251%24s&aoh=17261480289425&csi=0&referrer=https%3A%2F%2Fwww.google.com

Scotland's only oil refinery to close down.

godlyguy:
From the look of things japaul holders look more [/b] sincere[b] than oando

How on earth will you be indirectly telling people to sell off all they have and get into an heavily indebted oando who only relies on the goodwill of politicians to survive?

Be wise

This is another SA, Sincerity Analysis

Streetinvestor2:
Then again on serious note.Why all this people praising oando now and attacking anyone with opposite view.why didn't they praise seplet when it was around #300 here.Abi dey been no dey into crude oil and gas then.Atleast I for do better DD as the result of the praising..

The reason why I don't venture any opinion (and I will not venture any) about Oando is that it has exhaustively been discussed in prior years. I may not be wrong to describe it as arguably the most discussed stock on this platform. It always elicit divisive responses that often degenerate.

There's enough opinions and materials out there for any one to make a decision either way.

Notwithstanding, it is not everyone that runs from the kind of risk and rewards that Oando currently present.

Whether you are a rookie, newbie or veteran, you are still the CEO of your portfolio.

godlyguy:
It wasn't a MH here for new entrants so anyone on it knew exactly what is up

Oando did a solid media campaign here and it broke out in other media channels. They just sold whatever they sold but soon it will be over and those warned will understand better especially if you got carried away by the half truth from both this government and oando

One man's food, is another man's poison. This life ehn.

godlyguy:
That's in your imaginations. As it is in my character I won't attack but say my mind with respect.

I have nothing against oando or any stock. I don't have regrets in investments as I am a fundamental SOUND investor now EXPERIENCED

New entrants please study and make personal improvement in your investment journey

This is reassuring.

However, please warnings shouldn't be the only thing that newbies will be enjoying from you, we need the full benefit from your EXPERIENCE. Show us the road to the money 💰

godlyguy:
I will keep sounding the warnings repeatedly

Please don't stop at just warning them, do something to help them too by giving them a few nuggets of where they should be investing their funds in the market. You should provide your rationale for your suggestion too.

No be only warning them go shop, you need to feed your "sheep" too.

chimex38:
Omo!
Abobi!
Definition of Due Diligence on a fellow Homo Sapien

Make i borrow the phrase of NSEMPA house:
"Not a buy or sell recommendation" .

If you think you are big, ngx will unbig you 😉
If you think you are smart, ngx will unsmart you 😉
The key is stay humble, stay focused and HEAL

godlyguy:
oando does not have that yet

Do you advise that we should wait until then before buying or that those who are already inside to exit until there's PAT before re-entering?

This may provide useful insight to Unity Bank enthusiasts.

https://proshare.co/articles/the-unity-bank-plc-providus-bank-combination-the-making-of-an-uncommon-lender-and-matters-arising?menu=Market&classification=Read&category=Stock%20%26%20Analyst%20Updates

2zona:
You mean Enjoycorp rather? Are both same and related to champion breweries?

Owned by the same person.

sky2891:
https://doclib.ngxgroup.com/Financial_NewsDocs/FBN_HOLDINGS_-_DIVESTMENT_FROM_FBNQUEST_MERCHANT_BANK_LTD.pdf

This same EverCorp?

https://www.premiumtimesng.com/tag/evercorp-industries-limited

toyeoye:
The market is unfortunately not yet flooded.

You're right, oil and gas is 89% of our exports o. If action is not taken and CBN keeps paying subsidies on FX, it will go back up sooner or later.

I'm not holding my breath

How much fx do we spend importing refined petroleum products?

Laso09:
It might be too early to start celebrating.
A lot still need to be done.

Are you a Celebration Police?

Ballzproblemm:
stupid agenda merchant,by Dec dollar will be over #2000 your naira will keep depreciating while those with sense that invested in dollars will be smiling to the bank 😒.

inflation will erode your naira finish .

How did you arrive at N2000 to the USD? What events have you identified to bring this about? I am only interested in the reasoning behind your conclusion. Bien venue.

Prof Aluko and Prof Awojobi were arguably the two most illustrious economists to have ever come out of Nigeria. When they both lived, they never agreed to the same economic direction for the country. All their economic propositions were born out of deep and rigorous thought processes rather than random ideas and offhand comments.

debeey87:
https://docuhub3.nibss-plc.com.ng/edmms/self-service

Link to mandate your shareholding for any company in Nigeria.

I completed the required information in the portal and it's been more than 2 weeks without any update.

Locotrader:
If #16,many will like to japa today.
The way the oando is trading now is telling me some are bailing out

Nobody will be able to bail out without people willing to bail in.

222Martins:
The only way to stop this is to make trading in such a way that, once you place a bid or offer, you cannot adjust or cancel it until that trading day is over. Unless this is done, it will continue.......

InvestmentOne is already doing that. You can only cancel your order between 4.00 pm and 7.00 am the following day. I am not sure if other brokers are implementing such restrictions.

Streetinvestor2:
We the locals they try for this nse.If government gets it right and foreign investors come really join the market. Na shout of joy go full everywhere.

On another note transcorp go be something else in 5 yrs from now. [/b]i have a feeling the government will get it right with time on this forex thing. The black market will then die a natural death.[b]

[/b]Naija my country is destined for greatness. I have faith in her for turn around. It will be a gradual process.[b] Never a fan of this government but it can't be as bad as pmb government

"Progress happens too slowly to notice but setbacks happen too quickly to ignore" Morgan Housel

PETERiCHY:
You crash out at #13.80
Don't worry we will remind you when it get to #500 since you don't know that OANDO now run the affairs of NNPCL

BARGAIN HUNTERS TAKE NOTE!

Is there anything stopping it from reaching N1,000?

PETERiCHY:
USD sighted @#1451

BARGAIN HUNTERS TAKE NOTE!

Premium tears loading for hoarders

BabsO2:
Looking at the trends of FCMB price and underlying growth in earnings and Book Values over the last 10 years .

Shareholders selling it anyhow below current prices based on perceptions of previous prior year low prices will be taking a loss. Especially if the economy continues on a growing path in Naira terms plus if bank assets are not severely damaged but safeguarded from poor lending practices.

The people buying and selling don't have the same investment objectives. Some are trading to make a few coins by 230 while others may be buying to keep for dividend. What about those who may be selling to pay their rent, buy a new car etc. Their entry prices and targets are equally different. That's the psychology of investment

Mpeace:
Oando is really doing well today.

Too early to call. The closing price on Friday would provide a clearer indication of where it is headed