₦airaland Forum

Kaczynski:
Nigerians are too poor afford uber hence no patronage so they bolted.

You must be one of the Uber drivers who divert clients offline

megawealth01:
LASACO should forgive me

Add Veritaskap

essentialone:
This year 2026 FUGAZ Banks Performance:

1. FirstHoldco Bank Plc: has gained 212.94%
2. UBA Bank Plc: has gained 11.64%
3. GTCO Bank Plc: has gained 46.64%
4. Access Bank Plc: has gained 46.67%
5. Zenith Bank Plc: has gained 105.66%


Thank you for your attention to this matter...

Oando should emulate them

mikeapollo:
The AGM is in 2 weeks time, may be there is some good news. May be not.

Hian he should remove the negative equity first..... We'll buy afterwards

Penny stock you'll always be banned

megawealth01:
OANDO

All normal investors should not be buying Oando until it clears the regulatory issues regarding it rights issue.....

you just like pressing peeps necks

megawealth01:
Oando should join this rally so my political calculations can be in ORDER

of course!

KarlTom:
The reference to 2008 NGX was not based on the market correction like your post inferred...

Yoursfaithful:
I agree with you on this..

Thanks.

KarlTom:
I sincerely hope the regulators will do their due diligence properly.
Recent listings haveeft a negative impression in shareholders minds which is, in itself, a very bad precedence for future listings...

The founder and Group CEO is Gliffeth Wonuigwe, a Nigerian lawyer, corporate administrator, and energy entrepreneur who trained at the University of Lagos and the Lagos Business School....
Even Wale Oan... Is far better than this...

just like AVACAP was a Listing by Introduction, it did not complete an IPO process to discover its true public value beforehand. The market is currently going through its natural "price discovery" phase. It is common for new listings to experience massive, volatile price swings before finding a stable baseline from 13 to 6 at present....

KarlTom:
You missed the point in its entirety...

Please guide me

megawealth01:
NGX of 2008 loading

The sentiment that the "NGX of 2008 is loading" is a common fear whenever the market experiences sharp corrections, but a look at the data shows that today's Nigerian Exchange (NGX) has a fundamentally different market structure than the fragile bubble that burst in 2008

Causes of the 2008 crash
2008 crash was an artificial bubble waiting to burst. Following the 2004/2005 banking consolidation, commercial banks aggressively issued loans to retail investors and stockbrokers specifically to buy their own bank shares. When the Global Financial Crisis hit, foreign investors pulled out their funds rapidly. The unsecured margin loans went toxic, forcing banks to panic-sell collateral, which tanked the ASI by 70% in 12 months and destroyed ₦7.5 trillion in wealth

Reasons against....
1. Negligible Margin Trading: In 2008, almost everyone was playing with borrowed bank money. Today, margin trading accounts for less than 5% of market volume. Investors are trading with actual capital, meaning they aren't forced to liquidate portfolios during a dip.

2. The Domestic Shield: In 2008, hot foreign money fled instantly. Today, foreign investors have largely pulled back, and the market is powered by local pension funds (PFAs) and retail liquidity that has nowhere else to go due to FX realities....

3. Stricter Governance: The SEC and NGX now enforce rigid circuit breakers, strict financial disclosures, and real-time trading monitoring that did not exist 16 years ago... Or else stocks like japaulll and Wale would have been so high on speculative plays ..

4. Capital Rotation, Not Devaluation: Current market bleeding is driven by the Central Bank of Nigeria (CBN) lifting restrictions on high-yield OMO bills. Smart money is simply rotating out of overbought stocks into fixed-income assets yielding near 20%—this is healthy market behavior, not a systemic death spiral....

So megawealth01 and the iru wa, ogiri wa co traveler ppogba please be guided on this market floor.

ghm:
If you are considering buying, if you have some semi-patient money, these are the stocks with analyst's consensus BUY and good upward potentials. DYOR+DYDD applies.

Why is oando not on the list?

jonnysessy:
You see dumping. some other see accumulating.

When this is written 6, some other may see it as 9.

It depends on your position and perspective. Only time will tell if it was dumping or accumulation

Definitely dumping now 10.7 million units....why do they always wait until close of the market to dump

Jeffy101:
10 DRIVERS NEEDED – ILUPEJU, LAGOS
A reputable company based in Ilupeju, Lagos is urgently recruiting Drivers.
Salary: ₦120,000 Monthly
Work Days: Monday – Friday
Location: Ilupeju, Lagos

Applicants MUST live in or around any of the following areas:
• Sango
• Ikorodu
• Abule Egba / Iyana Ipaja
• Ilupeju
• Oshodi
• Ketu
• Surulere

Requirements:
• Valid driver's licence
• Good knowledge of Lagos roads
• Responsible and reliable
• Punctual and hardworking
• Previous driving experience is required

Interested candidates should send their CV via WhatsApp to: 0907 930 0033

Only candidates residing in the listed locations should apply.


URGENT JOB VACANCY – EXECUTIVE DRIVER
A reputable company based in Maryland, Lagos is urgently recruiting an Executive Driver.
Position: Executive Driver
Location: Maryland, Lagos
Salary: ₦125,000 Monthly
Work Days: Monday – Friday

Requirements:
• Minimum of 4 years driving experience
• Must live in or around Maryland
• Must have a valid driver's licence
• Must be responsible, neat, reliable and punctual
• Good knowledge of Lagos routes is required

Interested candidates should send their CV via WhatsApp to: 0907 930 0033

Only qualified candidates living close to Maryland should apply.

Be careful not to recruit kidnappers at 120k per month in Lagos.... I doubt the reputability of the said firm..

See ACCESS dumping..... just two people dumping 7.2 million units....

KarlTom:
Leave Oga Nosa, let's address your matter.

How do you intend to exit the shark-infested waters you are currently in?

Sale order first thing this morning.....a fire sale!! I can't be holding a 10 Naira stock at 33 naira

KarlTom:
So you were not aware of the company's debt before you reentered? #joker

I was. But I wasn't aware that Oando is being sold for 10 Naira per unit on the JSE.

mikeapollo:
You need to ''belong'' and ''identify'' with true ''Oandites'' who can ''pressure'' him to put ''smiles'' on our face.
But you are still busy ''forming'' and falling our hand.
''Kwantinue''. The ''sharks'' and ''crocodiles'' are still in the water. .

I am getting my share from him no doubt....but not through the deprived masses

crownprince2017:
Nosa is buying vfd, case closed.

Based on its current financials, the estimated fair value for VFD Group Plc (NGX: VFDGROUP) sits between ₦12.50 NGN and ₦14.20 NGN, presenting a mild-to-moderate upside from its current market price of ₦11.30 NGN..... He's running into troubled waters. But it's his money....

It the past... Corolla no longer commands such premium.

ladyjblinks:
PRICE: 6M
LOCATION: LAGOS

Call or WhatsApp 08039550565 for inspection and purchase

3.5 million offer... Ready to pick it

mikeapollo:
No mind am. ''Forming'' both sides instead of being ''loyal'' to ''loyal'' members

I'm only loyal to my money here .... Wale is living the life of a king not a CEO of a company in distress

KarlTom:
You are now helping them service the debt ainit...

I only entered with my toe and the water is infested with sharks, crocs etc.... on my way out.... 2.7trillion debt is not a joke plus negative equity of 500b!!

Greed and avarice.... be careful not to run into troubled waters

nosa2:
I am not doing it to assist anybody; I will be doing it to pump my stock hence I need to wait till i have finished buying

yMcy56:
OANDO's time is also coming...

I'm having some opinion that maybe Wale intends selling the remaining stakes meant for distribution to a strategic investor, that could be the reason we haven't heard about 2026 phase distribution of shares.

* I think this will be a welcomed development considering the fact that it could help reduce the debt burden.
* I don't expect shareholders to object to this, in as much as this will help shape the company the more.

** If this should be the case, then we should expect significant jump in OANDO's price...
It's even necessary because it's been down for so long..

OANDO is a debt servicing and CAPEX firm period!!!

GeeKudi:
Mr PETER, Is OANDO by any chance part of this OIL & GAS sector?

Retail investors in Oando PLC have faced long-term problems with their investments, mostly because the company has been very slow to share its financial reports. Because Oando did not release these official documents on time, government regulators like the SEC and the FRCN had to step in. These delays caused the Nigerian Exchange (NGX) to stop people from trading Oando shares for long periods, which meant regular investors could not sell their stocks or get their money out. Even a plan to buy out smaller investors and take the company private became a major frustration because it was delayed by legal and government hurdles for years.

There is also a big gap between the company’s growth and what regular investors actually receive:

- Big Purchases, No Dividends: While Oando has been buying large assets, such as the NAOC onshore business from Eni, they have not paid any dividends (cash rewards) to regular shareholders for several years.
- Spending Priorities: The money the company makes is used to pay off massive corporate debts and buy more businesses instead of being shared with investors.
- Executive Control: Even though regular investors are not making money, the managers and top leaders still keep their high-paying jobs and control over the company.

Essentially, many small investors feel they are being ignored while the company focuses on a strategy that helps the big bosses but leaves everyone else with nothing.

Beeron:
Explaining NGX FTSE Russell HYPE Buying After 11 Straight Trading Sessions of Losses


https://www.youtube.com/watch?v=F1nEX8HpKZY

You need to do deeper research. Stop regurgitation of nothing new. Maybe if you have been diligent enough, you'd have known that Vietnam is exiting FTSE as NGX is coming in..... Go and study to show thyself approved. I will not spoon feed you.

KarlTom:
It's not ideal to use this comparison in isolation.
There's no daily price ceiling and floor on the JSE unlike the NGX ( +10%/-10%).
JSE OAO can drop from 0.12 to 0.01 tomorrow if JSE market so decides...

Don't be coy, JSE is a more reflective exchange. You snooze you loose. Miss filing you loose, miss dividends you lose... Negative equity you lose. In fact Oando has been suspended several times on the JSE. Bro that's a company in distress

OANDO IS CURRENTLY SOLD FOR 12 south African cents... equivalent of 10 naira on the JSE ... the journey to 6 naira ongoing

Icentautos:
That amount will not buy u bike

Says who? Quote a reasonable price

7 million is very fair for a naija used