₦airaland Forum

crownprince2017:
That loan supposed to be converted at the price as at when the loans were obtained.
But we wait for more clarity but surely those guys are hiding some vital information.

jideflash:
the way the ceo is smiling after the resolution vote. u go know say his plan don enter. 3bn debt converted at 2.8naira, with current price of 10naira. the guy don clean mouth.

GeeKudi:
Whoever is in charge of their zoom control should be seriously flogged. Such mediocrity!

mikeapollo:
Regular payment of dividend is very important in assessing stocks. Yes, it is true.
But it is NOT the ONLY basis for assessing stocks. Other factors may cause stocks price to rise based on assessment of potential future prospects as determined by the market.
Honey Well wasn't paying dividends in the last 3 years or so because they were having some challenges and undergoing restructuring. Their majority shareholder (Oba Otudeko) was having several issues in the industry. They also had a protracted court case with one of their creditor banks (I think it was Ecobank). During this period, the share price was undervalued as low as N3 for a very long time.
But after it was acquired recently by FMN, investors saw huge potential for growth and profitability, partly explaining the huge jump from N3 to N27 in about three years.
From N3 to N27 is 800% gain. For those who think about dividends ALONE, Honey Well would not have produced this kind of returns even it were paying dividends consistently in the last 3 years.

Bottom line: choose the strategy that fits your investment goals and identify the right stocks that can give you the required returns: regular dividends or capital gain in the shortest possible time.
.

Streetinvestor2:
Like you know
In the only agm/egm I have ever attended which was that of conoil. Mr nwosu asked the board present to beg adenuga to try and attend one agm. That he has never attended to any before for conoil. The man no send anybody massage....walahi

HesInMe:
Only because this is a public forum with people of different investment levels: The bolded is not investment advice. Do not attempt this at home. Your mileage may vary.

mikeapollo:
His shareholding (with directors, co-promoters) in Oando was about 70% or more but it will be reduced with the share redistribution exercise.
It may still be reduced further if he does not take a chunk of the shares in the new public offer and debt-equity conversion

Zooposki:
I'm new on this thread but it's hard to read most of your comments. A lot of you sound so arrogant. What is happening to you all?

megawealth01:
Something strange wants to happen with Oando. The volumes there has been going up. I have been buying up my holdings back in batches

Investcom:
Dangote sugar share price is coming down. Dont say l didnt tell you

Sunrisepebble:
Every mallam to their kettle

SonofElElyonRet:
That's if price keeps going down as you earnestly wish

Princkez:
this one nah retirement stock...

otokx:
Looks like 150

SonofElElyonRet:
I might average down... But what price is your usual entry point? Sub N1?

yMcy56:
LEGENDINT
Traded below it's listed price today....
Closed @5.31
Listing price: 5.64...

Bargain hunters take note. 😊

GeeKudi:
Have they commissioned the oil mill as promised?

SonofElElyonRet:
The patience needed for Deap looking like it'll be a long drawn one. Deap dumping deeply and dip is dipping more and more.. hope the wait will be worth it.. from dump to dunk?

Agbalowomeri:
Hope no be you plunge the account into red in the first place

Zagee:
This una marriage they sweet oo. Oga dey find steady inflow, you dey manage portfolio. See combo!!
Intentional couple. Nice one!

I wish both of you early retirement from active work!

DonDiego:
What is really going on at FirstHoldco and between Otedola and Thisday's Nduka Obaigbena? From the look of things, it seems some people are clearly above the law as the regulatory agencies of CBN, SEC and NGX can't seem to even enforce their own rules.

In the end, it is the small fry investors like some of us that bear the brunt of any negative fallouts on the possible poor performance of the company and the attendant dip in the value of its shares.


https://www.thisdaylive.com/2025/07/22/thisday-arise-media-group-responds-to-harassment-and-attack-on-free-speech-press-freedom-by-firstholdco-plc/

GeeKudi:
I think FirstBank is on a delibarate downward journey to N31, the exit price used for Otudeko.