₦airaland Forum

guyzgirl:
An exposé on the dangers of protectionism and the ill-fate Nigerians are being roped into.

https://www.1914reader.com/p/the-king-of-food

This signals death to effective competition and the rise of a cartel as we have seen in the cement industry. I thought he had better economic advisers than to produce this policy!

Streetinvestor2:
I thought u follow they look for spirit in the result..lol
The only problem is the mood in the market. The stock for fly but let see what happens

Abeg u don see sugar result that is the last in my portfolio I am interested. Any other result na cruise I go take em to catch
Presco/okumo ok
Wapco OK
IB OK
Oando OK
Sugar....

KarlTom:
"During the period, we made meaningful progress in integrating operations, strengthening security
and community relations, as well as resolving legacy issues inherited at the point of operatorship.
Most notably, we achieved a partial recovery of substantial receivables that had remained
outstanding for several years and made significant headway in renegotiating long-standing legal
matters that had previously been fully provisioned for. These milestones underscore the depth of our
leadership and our unwavering commitment to unlocking value...”

https://doclib.ngxgroup.com/Financial_NewsDocs/45338_OANDO_PLC-OANDO_PLC_-9M_2025_UNAUDITED_RESULTS_RELEASE_CORPORATE_ACTIONS_OCTOBER_2025.pdf

mikeapollo:
@KarlTom, you are our famous Chief Monitor for the oil and gas companies.
But why are you always hard on Oando?
You are always unwilling to accept positive or encouraging results from Oando why?
Did we or our CEO or prophet offend you?
You no wan make we do Xmas? Na woooo

KarlTom:
I have been trying to decipher the reason for the delay in distributing the bonus.

With this discovery, I am trying to hope that Mr Wale has not dribbled investors...

KarlTom:
ChatGPT

“Positive” as in net income or gain (i.e., administrative expenses showing a credit balance instead of a cost), can happen only in special cases — when recoveries, reversals or reclassifications exceed the actual expenses

🟢 1. Expense Reversal or Recovery

If prior-year over-accrued admin expenses are reversed:

e.g., a ₦5 million accrual for audit fees was made but actual cost was ₦3 million → ₦2 million reversal (credit).
This appears as a negative expense (a “positive” to profit).

🟢 2. Reimbursement from Partners or Affiliates

Common in oil & gas joint venture operations:

If one operator incurs admin costs on behalf of partners and gets reimbursed, the reimbursement can offset or exceed admin costs.

🟢 3. Reclassification of Shared Services

Sometimes head-office expenses are reallocated to project or production costs.
If this reallocation is more than the booked admin expenses, it results in a net credit to the administrative expense line.

🟢 4. Foreign Exchange Gains or Other Income Posted Against Admin Costs

Occasionally, FX gains, insurance recoveries, or write-backs mistakenly (or for convenience) net off admin costs, yielding a “positive” total.
...

Sunrisepebble:
I don’t understand this NAHCO result

Sunrisepebble:
Admin expense gain, ok

KarlTom:
OandO

https://doclib.ngxgroup.com/Financial_NewsDocs/45329_OANDO_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_OCTOBER_2025.pdf

POSITIVE ADMIN EXPENSE of ₦30,860bn?
FINANCE INCOME ₦209.7bn
Q3 EPS ₦11

Abrakadabra

Sunrisepebble:
Admin expense gain, ok

Agbalowomeri:
Recalibration don finish

Una go average down tire

pluto09:
I think our people need to pay more attention to our budget.
We have a national budget the government is working on.
The budget has a deficit of about N13 trillion which is to be financed by domestic and external borrowing.
That is to say that even if we meet our revenue target,we will still have a shortfall of about N13 trillion.
I sincerely don't know how you think a stabilisation fund of about $3 billion is what should be used to finance a year budget deficit of about N13 trillion.
We still need a long way to go, the money we are generating as a country is still very low in relation to our population.

Agbalowomeri:
NB and CADBURY back to losses in quarter 3
Wetin dey sup?

Willie2015:
U berra calm down...

We go still load under ₦700

Streetinvestor2:
My school fees analysis target price is #5.How anybody take understand my post is at his own risk

Ladygracy:
Is this Aso savings a good buy

kintus:
Do not chase a moving train or try to catch a falling knife.

Some of us have made the mistake in the past and we hope that you newbie learn from history rather than experience.

In the other news: why is it difficult to deposit money into Atlas through their sterling account?

Any alternative pls?

I am looking at getting Tantaliser, Tip and Cutis and more of VFD......any thoughts on this? I can hold for another 2years.

Selah

emmanuelewumi:
Probably the stock price when he made the statement.

So if he made the statement when GTB was N60, we should be expecting a total dividend of N9.

If he made the statement when GTB was N80, we should be expecting a total dividend of N12

emmanuelewumi:
15% dividend yield without reference to the stock price.

How is that possible?

mikeapollo:
Lol
KarlTom!, KarlTom!!, KarlTom!!!,
How many times did I call you?
You are looking for trouble ooooo

emmaodet:
My brother, kole ye e.
Na dollar I dey earn, moving downward is not in my best interest.