ndept:
This statement really tells who you are. Waiting to benefit from someone tears. God will help you.

Loco and 222martins will be roasted when the local champions report or update fails.
Chai....I go enter guest mode.

I can only put my money on what I can endure.

ndept:
I need you to just say amen to the prayer first in order for you to judge your conscience. Even Otedola, Elumelu etc will not make that statement you made in public forum. The NGX is not all about someone loosing before you make it. If you must know, there is always a win-win situation most atimes. When you buy stock, make some money and hand over to another set to make their money too. Some bought UBA @ N5 and sold at N12 to others who are still holding/have sold at current price of N23. Not necessarily praying for people to loose money for you to profit from their lost.

The last time I check, your name is not agbalowomeri , I would have understand your position. I come in peace sha.

Do you believe that 222martins is Loco's second handle?
Just make attempt

222Martins:
I have been following this NSEMPA group right from when it was created with this same moniker....but i don't comment because i don't need public opinion to invest or move my money; all i do is read, laugh and move on. And yMcy56 moniker of yesterday is talking about me being a new moniker that will disappear soon. Even Streetinvestor2 too.....Funny people!!.... .

This time will still be a thing of the past

222Martins:
Na laugh i just dey laugh you .........When jungle mature, all animals will know their level... I no be like una wey dey change moniker like pant to hide una identity. For now, make we dey enjoy the mask of our moniker.

But what i will not fail to do is to drink your tears in NS/DS when the price falls.........No matter how pained and bittered you are, no emotions in business and investing.

Bro stand on your feet ooo.
Las Las na me go drive them out to their guest mode.

You know na this champion bind us together for now.We can misunderstand to agree later.

Streetman doesn't understand this nah

Streetinvestor2:
And do you have any level.Is obvious this moniker is a supporting moniker for the same person

You mean Martins222 is Loco?
Same Loco attacked martins222 sometime ago about one trading he did and alerted us here about it

No need for any attack bro.what has happened has happened.We can only wait for some updates and damage control things

KayOn1:


Who did you give warning to

I told Newbies a while ago, buy only stocks with fundamentals and people were talking about Gold refinery. Ok. Like Japaul, like Jegede.

We are waiting for GRAVE ROBBER price like some people use to say here.

I am surprised to see this question.
I warned about this present Q1.
I even published the previous year Q1 for comparison.

ProphetUtuocha:
Where are the nay sayers? Abeg, make una bring your Oando, make we buy ooo!

What you are seeing is damage control.
The stock will be paraborating at 8.50 to 9.50 region for some time waiting for the next court case adjournment and the 2023 calamity to be released around July.

You have every opportunity to bail out now and look for a low BP stock to enter.

Shebi I gave warning of this one on time.
Nothing on the table again.

https://doclib.ngxgroup.com/Financial_NewsDocs/41000_JAPAUL_GOLD_AND_VENTURES_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_APRIL_2024.pdf

I fear no evil is not when train is coming in the opposite direction.

Stay and get crushed.

3T na your mate?

ositadima1:


He shock me too. It goes a long way to show that Streetinvestor is an impartial kind of guy that say things as he see them. While the Loco guy nah agenda kind of person way they always comment base on him own personal target, very MH kind of person. Make una dey follow am with caution o, he fit put una for wahala, atikpoju ooo, wani ka abasi ooo ...

Na Wetin dey on the table I dey look now.
I was inside oando until I see nothing on the table but calamities and bomb.I sold off 2 days ago.streetinvestor be my guy but he misses the champion way.we go know who is right and wrong very soon.

222Martins:
Funny guy...... I will rather put my money in a local player that knows its market and turns a profit, than a National player trying to serve everybody and turns a loss. Before i put my N1 in ChampBrew, i knew my "Why", "the Upside" and the "Downside"...... That is the reason why you will never see me use words such as: Hope and Pray.

Win or lose, time will tell. No shaking

Today is local champions board meeting sha

https://doclib.ngxgroup.com/Financial_NewsDocs/40925_CHAMPION_BREW._PLC.-_NOTICES_OF_BOARD_MEETING_(BM)_-_NOTICE_BOARD_MEETING_(BM)_APRIL_2024.pdf

Streetinvestor2:
Lwkd.My sugar was never because of marger and onado na bet as I have always said.
Champion is hope villa.I will rather buy IB and Champion. How many state you they see Champion compared to hero.It is easy for IB to touch #10 than Champion to see even #6.
Even if the new owner buy for #10 is not because the stock worth it.Forte oil was bought for #65 and we wr paid less than #20.
If we go buy that no new investor can buy Sugar and oando less than #100.The hold better prospects than beer in nigeria context

Champion does no worth above #2.50 if hero Company is just above #4
Champion suppose sabi its mate for street If not NB come refine the beer na watin them dey call brukutu for North be Champion .Champion never even start the journey. You don see whr Company way no be brewery Company they take over brewery business.

Strong man.Good night.
See you tomorrow

Streetinvestor2:
I know you sabi write English but it won't work on champion. Bonus will not take champion anywhere because they won't be the first to do so.champion is the same hope villa.

Otedola sold forte oil for #65 .how much did they buyout other shareholders
The new buyers only bought NB 86% and never said they are buying the remaining 14%
And akwa ibom state owns the major remaining stake and will not sell it to anyone. Champion is local player. If anyone is interested in breweries he should look at national player.Nobody is offering to buy you out and can even buy you out.I will rather gamble in IB than gamble with local champion that has one production line that hardly meets local demand
And new player coming in has not shown an expertise that is why they want NB to still remain in charge for a yr.They want to learn the job while on the job.For now champion is hope villa like other hope villa...na me talk am.

Nobi wen you do better sales you go declear loss.when you no even meet demand of akwa ibom na him you dey talk say other breweries dey declear loss way sell at national level

Champion is only good below #2.50 to be on the safe side.

I can see you are stressed already but just take it easy.See heat flowing on your face.clean with hanky pls.You will overcome this horrible time oando and sugar has brought to you and other shell holders.

I just want to let you know that any price Raysun sold their 86% will also reflect on the company share price.Just tell them to announce the price let's see if the current price will not catch up with it.Unless they are selling at 2.50 then the share price has to plumet to 2.50.The 14% and small free float is the reason I entered the stock.We will shock you with it and you will remain silent for a while.

Just take it easy.This champion might lead you to a guest mode or change of moniker.

Zagee:


At what price will they value the stock prior to conversion?
All things being equal, Oando is not a single digit naira stock.

Oando price should be more than #50 if they get it right but they don't want you as a shareholder.

Their plan is to delist in NsE and continue with JSE.Do you think they are releasing these outstanding results because of NSE?
Better go to JSE and wait for them.
They can't service this 3T naira debt hoping on distress Nigeria shareholders

Zagee:


Paragraph 1: What then is stopping them?

Paragraph 2: Oh well, another way to services debt to vendors.


This is 2022 report we're burning rest over. Redflags from bad debts duely noted, Oya bring the 23FY report let's see how you've addressed the issues.

If you are relying on 2023 report for success story,you will be disappointed.2023 is another bombshell waiting for explosions.

Raising of funds is the only option left now to clean their mess.If this fails,oando will cease to exist.

You have to wait till 2025/26 to see a strong balance sheet that is if you are still a shareholder by then.

Zagee:


First off, Loco, what crime have we comitted in purchasing Oando? The write-up from premium times felt like you were the one telling the writer how to use the words to convey the message of DOOM!! . Are you advising us or you're shouting at us

To the matters:
The bomb is to scare minority holders off so they can have less people to pay-off should they eventually de-list. If they are serious, we should have crossed that bridge a long time ago(Why all the psychological warfare?)

3Trillion debt? Is GTB an E&P company? Don't they know their place? With a growing revenue presently at 1.9T, 3Trillion is small debt and am sure they don't plan paying it in one SWOOP

Proposed 1trillion capital raise. Audacious, but let's see if bonds will come-up Q2.

OML 60-63 is a game changer for them!!
Loco allow us oooooooo

THIS IS NOT AN ADVICE BUT A PERSONAL OPINION ON THE OANDO MATTER.

SP PLEASE FALL!!

lol @ Loco.Hope you considered this in your optimism

If the proposed advances from the exiting major shareholders are convertible debts, which often allows creditors to convert debt to equity in case of default, it could give Mr Tinubu and Mr Boyo another option of acquiring Oando fully, both of them being the core shareholders, if the plan to buy other shareholders fails.

Oando will also consider “the issuance of stock instead of cash for payment for services to vendors until profit and healthy cash flows from profitable operations may be achieved,” according to the earnings report.

ProphetUtuocha:
So much noise on a company that will still deliver 400% this year. All because of the release of an outdated (2022) result. Meanwhile, the company's future trajectories are very bright!

To you it is outdated but to oando,it is latest.
Is outdated result suppose to put a fresh panic in a stock price? Why releasing this bomb now ?
3 Trillion debt no dey fear you.
Imagine Gtb capitalization is debt to oando.
Stock wey never reach 500B capitalization is oweing 3T

222Martins:
So only one production line is working and yet they did not declare loss even when other brewers were declaring massive loss? Well for now, i don't care about production line. All i am waiting for in ChampBrew is answer to these 2 questions:

1. Are you declaring bonus or not? If YES, how much bonus?
2. For how much did Raysun sell their stake to Enjoycorp?

Aby oooo

Potbelly man wey loco Don dey follow since🤮

ndept:
Oando that is talking about coming to market to raise capital. There is more to Oando, the stock is full of drama and I trust we are yet to see half of it until around November.

Na so report say am.untill then.

Make them do quick release all their outstanding results including Q1 2024,I fit change my mind once I see something on the table.

Let's digest this news first

Oando’s chances of continuing business doubtful as debt widens funding gap https://www.premiumtimesng.com/business/business-news/688710-oandos-chances-of-continuing-business-doubtful-as-debt-widens-funding-gap.html

Streetinvestor2:
Na the champion matter we still dey oh.if you wan produce beer you got stop malt production because na one production line dey work now....lol

You know say there is something on the table now not hopeville.....

Choiceguy:


All this people selling @ 9.20,I wonder at what price they enter because I am pretty sure that most people holding till now bought at above #10+

Aby oooo.
I am still seeing another 5-10% loss tomorrow.
People will still rush out tomorrow because there is 70% possibility of oando going on technical suspension at this time the price is down if the wish of Wale is to delist

Better watch the trend well and trade cautiously.

Adinije:
They will still split ur 100k units. Lol

I have seen it b4. And it happened to me today with UNILEVER. Market movers move the price when they want to.

Ngx is a case of the more u look, the less u see.

The first day the Dangsugar news broke out, I saw an order of 90k, and 10k units. And I knew someone is attempting to crash price. But Whoever was in control of executing orders, spilt it.

If you doubt it, try it tomorrow.

Na true you talk but i want to help creating liquidity for my people so that those who want to bail out can do so while future holders can remain and be looking unto GOD

let them just allow 10% loss for 2 or 3 days,liquidity will surface

Mpeace:
Lol. borrow me money naa. I ready to buy but na de money be de issue.

No be enthusiasm you take buy before?
Why you wan borrow now?
Tell mercy to lend you 4.3m for 100k units

yMcy56:

Lol.
Na stocks dem buy dey no ki.ll person..
Their case still better pass those marketing IB that has been delivering losses upon losses...
From Guinness to Interbrew .......as market no sell for those ones, Champions replaced them..... We dey here, we dey watch the Champions.

Better to do less of talking now till things becomes clearer..

Nah Wetin dey for table we dey collect now.
If anyone misbehave,we go treat am well.
No permanent love now ooo

Mpeace:
As long as dangsugar never start fall, we can manage what we are seeing. Atleast, for the meantime.

Try buy 100k units now and tomorrow let's see what happens.

Na like this una go dey every day?

Oando, Dangote sugar and Nascon Don weak our brothers and sisters at Nsempa and general market.

It's good like this so that sanity will return

KarlTom:
As things stand, 7.07 won't fly.
I think any buy out cannot be less than 14.4 which is the highest price within the last 6months...

Watch out what is about to happen.
Once they succeed in pushing the price down,they will announce suspension on the share price.This will be a nice strategy Wale will use to pay you off at #7.07

Raider76:
OANDO turning around. Now more bids than offers!

They want to restore your confidence so they will do the next offload that will take it to sub #8 and finally #7.07 which they will Ask you to cash out mandatorily

Champions brewery closed at 3.68 yesterday.

What to expect in tomorrow's board meeting

1. Declaration of bonus issues to shareholders.

2. change of Directors in favour of Enjoycorp,the new investor.

3. 2024 Q1 result declaration.

Any of these in the right way can send the price above #4 in the coming days.

Oando Q1,2,3 were fair calamities.
They come use bomb close the 2022.
It's well.
I will say that #7.07 is on their mind.

mikeapollo:


This is very true.
[b]Oando is planning to raise more funds from the market very soon, [/b]either through bond issue or shares offer, or both!
Please let us all read pages 91 and 92 of the 2022 financial report!

if the court case is settled and the request for delisting is thrown out, there may be a rush of activity in Oando!
I pray it favours us all!

When they bewitched una finish.

But eyes Don open well nah

Laso09:


You are no more dragging oga position with cp again

Drag what nah.
Oga is oga.
Boy fit see road pass oga.
Cp na my Boss ooo