₦airaland Forum

Streetinvestor2:
Pls don't mind him if you are new in stock business. For now the bank has nothing to offer.There are plenty sound stocks to put your money. Not every thing they call stock is stock...some na stock fish

9free:
I bought Sugar and Salt almost at their peak prices during the last rally. I don hand their matter to God.

Streetinvestor2:
Madam mcy pls tell them is time to move Okomuoil. They have to close the gap btw it and presco. And my second betnaija at #30 confirmed.

No clear direction yet as per protest. I went to stanbic bank, t is closed. I will see well before another investment in oando as I was ok going in even at #30 but #10 is equally possible if...
Agbalowomeri pls pass me some garri for now

Omooloriredade:
I fell for the temptation to post about Oando today. If there was ever a cue to stop that was it. I no be Oando marketer o.

Omooloriredade:
Let me help you out

Read this news item - https://thesun.ng/nigeria-increases-oil-production-by-28000-bpd-with-new-utapate-crude/

Oando has a 40% Working Interest (WI) in OML 13 (QUA IBO). That is WHY

Most of us here don't even understand the upstream business let alone know how to value Oando, a company with negative equity. Let's just keep watching, okay?

BTW, this has nothing to do with the NAOC acquisition that effectively doubles production.

Forgot to include disclaimer so here goes: Not a recommendation to buy or sell Oando as I'm not qualified to give any form of financial advice. I have also been wrong many times before.

yMcy56:
There's strong accumulation of OANDO!
The more offer is coming out @30.55, the more they're clearing it!
Are institutional investors involved too?
Or the Asset managers?
Or maybe FPIs self?
Chai! No be small thing oo......demand seems more than supply
34M+ units done in transactions so far ....

Abeg, make dem help DS/NS ministry with 100k o....

Japaul also getting attention in market..

SonofElElyonRet:
Me wey sell on qualification date nko? No be bewitchment be dat? Wishful thinking that it'll dip in price after mark down... na someone 's post on NSEMPA i follow but na my decision.. i bear full responsibility... we go again... other opportunities will come

Raider76:
Where is everybody?

Streetinvestor2:
Oando will soon hit back #10....watch out

I stand with protesters

Payunsin:
Gambling

Seunn11:
OANDO!

This stock, if allowed the degrees of freedom worthy of the class it ought to belong to, should be heading to 750 Naira by the time the DEAL is sealed.

Raider76:
And we said the products are not up to our standards.

veecovee:
The United States of America, Spain, France, South Korea, Angola, Togo, Guinea, Belgium, Israel, and Singapore, have been listed as the top 10 importers of petroleum products from Nigeria’s $20 billion Dangote Refinery

This is even as students across tertiary institutions in the country under the aegis of the National Association of Nigerian Students, NANS, have passed a vote of confidence on the Dangote Refinery.


However, the products that have been shipped to the countries at different times include fuel oil, gasoline, jet fuel and Naphtha, thus attracting additional foreign exchange to the nation. ...

https://www.vanguardngr.com/2024/08/dangote-refinery-usa-spain-france-south-korea-singapore-others-make-top-10-importers/

KarlTom:
I have actually written them...

Bagwa:
Japaul 20B Loading, Coming days

Willie2015:
U sure say UCAP go drop...
D pple wey go de queue go plenty...
at dat price..
Make we dey observe sha..

Heishere:
What is your level of certainty regarding the rumors?

Mfunkynation:
After fake bonus.... what did you expect

onegentleguy:
If truly you have a stake in the coy, it'd be better to hold at this time. You can average down at key price points if you're good in TA, otherwise do nothing. But don't sell at a loss. ...especially if do not have a pressing need for the fund.

Same goes to all those who genuinely are in it. (not those who claim to be)

PA and volume distribution is already showing that the asset price is near a FVZ.
...before you will come back here to lament.

"The reason most analysts 'will sing songs of FEAR, is because they are ready to dance to a different melody of GREED and also do the opposite after having you dance to different rocks of excitement'.
...the key lies in knowing when to draw a thin line between and adjust your footsteps accordingly."
~Sinclair

"If there's one thing to learn from the stock market, it's the fact that those who know WHEN and HOW to 'take their necessary but required drug of patience' hardly 'fall sick'.
...the market often tend to reward them with the passage of TIME!"
~Sinclair

Zegra:
So why did you say soon?