₦airaland Forum

Agbalowomeri:
Oando people Una must double portfolio from Oando otherwise una go pay fine

KarlTom:
Make una free OandO naa

https://doclib.ngxgroup.com/Financial_NewsDocs/42089_OANDO_PLC-OANDO_PRESS_RELEASE__CORPORATE_ACTIONS_SEPTEMBER_2024.pdf

vacanci:
is that the only thing you could say about the recommendation of CWG?

Why don't you do your own due diligence.

Check their most recent report and check the previous prices and what's going for now.

As for me i am not even happy that they have started pointing it out because i have not finished accumulating it. I am still expecting money so i can load more before it moves.

I have to respect guys here that are not so selfish for pointing out opportunities which benefit us here. It takes a lot do do some research and due diligence before they come here to do such recommendation.

Some people will have sleepless night to get out information freely for another who will simply make like 40% in short time without blinking. Respect to those guys.

MARKETJJC and BullBearMkt, una weldone.

Me i did my due diligence and its one stock i have selfishly been loading before you guys did your recommendation here.

Sunrisepebble:
The Oil Company I’ve been promoting is now @#8,150

Jerekre:
Cos you're a heavyweight

RodgersAkpafu:
why do you think so ?

bovali:
Atiku is too funny lol. Politics in Nigeria is interesting sha.
1. Transition of NNPC to NNPC Limited:
• Section 53 (1): This section mandates the incorporation of a new entity, Nigerian National Petroleum Company Limited (NNPC Limited), which will take over the assets, interests, and liabilities of the NNPC.
2. Ownership and Shares:
• Section 53 (3): This section states that the ownership of all shares in NNPC Limited shall be vested in the Federal Government of Nigeria, to be held by the Ministry of Finance Incorporated and the Ministry of Petroleum Incorporated on behalf of the government.
• Section 53 (5): This section allows the government to transfer, sell, or dispose of shares held by the government in NNPC Limited, which opens the door to a potential public listing. But does not mandate it.
3. Listing on the Stock Exchange:
• Section 54 (1): This section suggests that NNPC Limited may seek to increase its capital by a public offer of shares or by a private placement, implying the potential for listing on the Nigerian Stock Exchange.
• Section 54 (2): This section reinforces the possibility of listing by stating that such offerings will be in accordance with the Companies and Allied Matters Act (CAMA) and the Investment and Securities Act.
4. Commercialization and Market Principles:
• Section 64 (a): This section requires that NNPC Limited operate on a commercial basis, ensuring profitability and accountability, which are prerequisites for any company considering listing on a stock exchange.

In summary, the PIA does not specify a timeline for NNPC Limited’s listing on the NSE, it does indicate that the government may choose to divest its shares to the public through an initial public offering (IPO).

yMcy56:
If anyone is watching market tradings closely, you'll notice that some guys picking OANDO @84.55 are not even on queue.....
Make nobody come give anyone stress here.
Exit if you want exit and allow us breathe.
After-all you don see say no be me dey buy am...or any of those making us to see what's going on.
If you make gains or have made gains, shey na my pocket you go put am or any other person's pocket? 🙄

megawealth01:
Ebi like he likes you

megawealth01:
Last warning. Stop hating. Preach love. OANDO 10% daily over sure for us faithfuls.

Any new entrant wey go call me out because of Oando go collect 2 by 2

stcool:
I dont want to be a party spoiler...but if it does not happen today...expect a full offer tomorrow.

I expect a massive dump from here or at most N89/N90

jonnysessy:
I need advise, i have been observing Oando shares gaining 10% on a daily basis. I am seriously considering selling off all my other shares and use the money to buy Oando. Imagine what 10% could do to my small portfolio on a daily basis. To make money fast, one needs to be in this stock big time to also enjoy what others are enjoying. I can't continue to be in the sideline. There is money to be made here. Oando here i come.

stcool:
Good to be back...Oando still dey trending list

Hope una no go get BP like Dangote Sugar & Salt.

Those that didnt sell at N80+....will be foreced to sell @N36 below.

Expect Full offer soon!

Trojan8:
What are we buying this week?

Oando's ship has sailed unless you have crazy risk tolerance.

Pesuzok:
Not correct

faoogoke:
This Oando projections! Make una dey careful.

People don't recognize that all the acquisitions are done with money Oando borrowed.

One can only hope Oando is able to pay back.

yMcy56:
OANDO
Pepper them.....
Close to full bid....

bovali:
You forget that anybody can now use phone and sign up to trade from the comfort of their home. So I expect a bigger bubble. You’re a TA guy, you monitor sentiment. Correct me if I’m wrong but what they paid 1.5bn for 20% is what they paid half price for now for another 20% 10 years later? Is Eni foolish? Read the financial statement, rather than dispute ENI just decided to waka pass. You’re a TA guy, you track sentiment. With more people in the market now, wouldn’t that inflate the bubble? My point is, if the ConocoPhillips deal was in 2024, you will see people converting the 1.5bn usd to naira and shouting the share price should be worth that amount. Again, not arguing o but even from a valuation perspective, I think luring anyone to enter now is a bit unfair

Pesuzok:
Not misleading, installed capacity is 960MW what is gives to the national grid might not be up to that. Nigeria installed capacity is about 12,000 MW but we can only utilise about 5,000MW due to transmission grid constraints

brotherly:
Na you give yourself work na. too early to complain say the work hard

Please provide reference showing Agip controlled 40% of the kwale-okpai power plant.

ositadima1:
My conclusion is to take the power generating plants out of the equation, as they are not for commercial purposes like those of Geregu and Transcorp.

Don't take my word for it; verify and verify again.

ositadima1:
This is a very interesting point. It does not seem like their power plants are linked to the national grid, based on my experience while I was at Ebocha.

The surrounding community was using free electricity; nobody paid a dime. The power supply was steady. Also, the gas plant in Omoku was used to power the Ebocha Oil Center operations. As far as I know, these power generating plants are not commercial but used to run the in-house operations and neighboring communities.

If Oando decides to commercialize this power, then it will be a big issue between them and the surrounding communities.

megawealth01:
Some sold their investments to fund the trip... Well they will appeal it sha using a good immigration attorney

megawealth01:
The name UNITY will be retained as for the restructuring Mr Time will attend to that...

CBN will most likely have a strict oversight of the bank which is a huge plus for the shareholders and stakeholders

Emir01:
It's obvious you're an animal. Pig!

Olaide1295:
Posts like these would be deleted if I was a mod. You have no reputation, no precendents. Yet come here to give people advise without explaining why.
He says "E get why....All I can say for now". Mr. Man, who are you and why should people care what you have to say?