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Mikeapollo's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:15am On Oct 31, 2025
Raider76:
We are a people devoid of patriotism. It is self first, tribe second and religion third.
That is why govt. appointments and policies should not show any coloration of the terrible biases you have rightly identified.
Once people perceive govt as being biased towards any of these, it further kills their patriotism and leads to all sorts of problems we are experiencing in different regions/zones of the nation currently.
Although, some of these issues pre-dated this current govt. (govt in this context is a general term, not necessarily PBAT govt alone.)
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:36am On Oct 31, 2025
PETERiCHY:
We have in this GAME for over 2 DECADE and we clearly stated that OANDO & ACCESS are only good for JiJO..

I was BORN and BRED in LAGOS ISLAND around TINUBU SQUARE to be precise and the ADEWALE I know will device all means to circumvent OANDO shareholders till they go PRIVATE..

Know this and know peace ✌️

BARGAIN HUNTERS TAKE NOTE!
''E lo fo kan ba le'' grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:35am On Oct 31, 2025
sterlingD:
They should stop this practice of annualizing their EPS.
Exactly, very misleading
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:21am On Oct 31, 2025
Error
Politics › Re: Fuel Tax Won’t Begin Until Naira Appreciates, Oil Price Falls — Oyedele by mikeapollo: 9:52am On Oct 31, 2025
Phred1717:
This policy is very premature, I don't know who is advising PBAT. Why is the president bend on making more money to the government, the tax burden on the masses is way out of reach. How many refineries do we have, why can the government make other refinery work then bring up this Tax policies
It is because he is just clueless, hence he thinks only enacting policies and taxing people to generate more revenue would be the solution.
A govt that would rush to spend N16trillion on an emergency new road that would take more than 5 years to complete, while several existing major roads are totally gone and impassable for motorists in all parts of the country.
Politics › Re: Fuel Tax Won’t Begin Until Naira Appreciates, Oil Price Falls — Oyedele by mikeapollo: 9:25am On Oct 31, 2025
Bobloco:
Exactly! You’ve nailed it.

They keep making knee-jerk economic decisions without any long-term thinking.

Infact every sane person should know by now that the Tinubu administration parades the most useless set of individuals as economic advisers in the history of this nation. They talk before they think. individuals with patch-patch CVs parading themselves as technocrats. Every policy they roll out seems disconnected from the real economic situation on ground. No consistency, no strategy, just pure trial and error!
The moment he made that reckless statement ''subsidy is gone, whether you like it or not'' at the inauguration ground, and how he floated the naira all of a sudden (without any serious consultation or background work), I realized we are in big trouble with this govt.
Their main focus is to raise revenue by whatever means and spend on their vaunted, poorly conceived projects and policies, rather than prudent management of the economy.
Politics › Re: Fuel Tax Won’t Begin Until Naira Appreciates, Oil Price Falls — Oyedele by mikeapollo: 9:05am On Oct 31, 2025
Bobloco:
https://www.vanguardngr.com/2025/10/fuel-tax-wont-begin-until-naira-appreciates-oil-price-falls-oyedele/#google_vignette
Just telling lies and lies.
How many times would govt use ''road maintenance'' as excuse to increase fuel price?
The same road and infrastructure maintenance was one of the reasons the govt gave when they removed subsidy from fuel, with the govt saying the savings would be used to maintain and build more roads and infrastructure.
This Taiwo Oyedele would destroy his own reputation with the way he is going about defending the indefensible because of these tax laws
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 7:55am On Oct 31, 2025
leo1234:
Oando and seplat also top the list for debt burden. grin
That is to say the upstream oil and gas sector is highly capital intensive.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo:
jonnysessy:
Today happens to be the last day for dropping of Q3 reports. See as companies dey drop the reports without giving one any time to properly analyse it. Even Oando too is not left out. I guess many no wan pay fine to NGX. But, I doubt if Banks like Fidelity and Access can make any progress in this regards. Particularly Fidelity, I don't think I have seen their H1 2025 results.

Please, has anyone received the second tranch of Oando bonus ? I am waiting for my own so as to package everything together and enter either Seplat or Aradel ( i don't mind having very small units there). Both clearly have direction, I just tied money in Oando and it is even depreciating by the day. They can't see their mate in Seplat and Aradel churning out very impressive results. sad sad sad
I think distribution of the Tranche2 is for early next year, according to someone who has gone through the notes to Q3 2025 results. But the qualifying date would not change i.e. 30-June,2024
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo:
KarlTom:
@ the bolded, Factual is a better parlance...

If you see me hitting a stock hard, I am heavily interested/invested in it smiley

The result is VERY GOOD. I only highlighted the grey areas (some of which have been clarified in the unaudited results release)
Oando is a goldmine in waiting!
The successful turnaround from downstream to upstream is no mean feat.
Imagine what would happen after successfully raising fresh capital (to eliminate huge finance costs) and additional oil blocs in Nigeria, the Angola operations, Trinidad refinery etc.

It has been a long, difficult journey and unfortunately some investors might have lost money in the past but the future is very bright.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 3:42pm On Oct 30, 2025
KarlTom:
AMEN!!!

"In addition, we also executed the first tranche of our share distribution programme, delivering a 5.33% dividend yield, with the second tranche scheduled for early next year..."
So there is no Tranche 2 this year huh
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo:
KarlTom:
OandO cool

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? shocked
FINANCE INCOME ₦209.7bn
Q3 EPS ₦11

Abrakadabra
@KarlTom, you are our famous Chief Monitor for the oil and gas companies.
But why are you always hard on Oando? grin grin
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
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:49am On Oct 30, 2025
oxx4:
Una go just open mouth wa and rubbish go dey comot for there. A simple search will show you the the company has grown the seed funding of $1bn from 2013 to over $3bn. Make una stop the country hate
Must you be rude, disrespectful and use derogatory words because you decided to support and bootlick a govt?
Do you understand the meaning of the word ''probably''?
The people who hate the country are the ones making the citizens to suffer unprecedented untold hardship while they award dubious N16 trillion contract to their cronies and friends without competitive tender process, no NASS approval, no budgetary scrutiny and approval, no transparency, no accountability.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:57am On Oct 30, 2025
Willie2015:
l dey tell u
Na goat I dey chop for Xmas
Sold my Dangcem and Access to enter Seplat
See another one grin grin
Thou shall be thy brother's keep. Remember the law of thy God on Xmas.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:50am On Oct 30, 2025
Mpeace:
Seplat interim dividend for Q3 should be like N100 per share. Not bad.
Aradel N10.
My Xmas chicken and rice done ready.
And Seplat and Aradel are in the same upstream oil industry like another company oooo? God dey. grin grin
Will you be your brother's keeper and dash us something for Xmas? Our CEO and ''prophet'' are nowhere to be found for now and we are not sure they will be back for Xmas.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:08am On Oct 30, 2025
megawealth01:
grin
@Mega, where are you?
We've been missing you for some days now.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:41am On Oct 30, 2025
I read this morning that Tinubu's govt. has imposed 15% Import Duty on Petrol and Diesel
Foreign Affairs › Re: Israel Kills 104 In Overnight Strikes, 66 Women And 46 Children Among The Dead by mikeapollo: 9:38am On Oct 30, 2025
Ndenomy:
-Isreal has been doing that. You can ask any ai app including chatgpt, GENOCIDE!!

Kill innocent citizens and not the Hamaz they claim to be fighting. Fact is Isreal is expanding hence need to clear the palestinians , what i call ethnic cleansing . Shey the ones blinded by religion wont see anything wrong with this. Same ones that will ccrrry when terrorist kill them in Nigeria. If your life is important , so does the Palestinians. Idgaf about Isreal taking Hamas , they at war so it’s fine, but why the ordinary Palestinians if not that you have a plan of ethnically cleansing them?
Israel is not expanding. They are living inside the land that belongs to their forefathers right from time.
The Arabs called Palestinians are the ones squatting in Israeli towns like Bethlehem, Shiloh, Hebron, Jerusalem etc. and they want to claim and hijack those places from Israel by force.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 9:02am On Oct 30, 2025
chimex38:
A part of the excess revenue or Reserve(whichever) is usually meant to fund Budget Deficit amongst others not constant borrowing.
These Fund is called Stabilization Fund.

These are managed by Nigerian Sovereign Investment Authority(NSIA). The proceeds from this investments are meant to service our Budget deficits from time to time.

What's stopping Govt from going this route? undecided

https://nsia.com.ng/stabilization-fund/
They have probably looted the stabilization fund, so there is nothing in the fund
Foreign Affairs › Re: Israel Kills 104 In Overnight Strikes, 66 Women And 46 Children Among The Dead by mikeapollo: 8:54am On Oct 30, 2025
Dogalmighty17:
The greatest lie in the history of mankind is that a group of savages were able to decieve the rest of the world with the claim that they are god's own country. Blood thirsty savages that's what they are.
Nobody has forced you to believe they are God's own country (by the way, it is America that makes that claim for itself).
There are other people to who would force you to believe what they worship or they behead and kill you, or they attack and burn the place where you worship whatever you believe
Foreign Affairs › Re: Israel Kills 104 In Overnight Strikes, 66 Women And 46 Children Among The Dead by mikeapollo: 8:42am On Oct 30, 2025
themanderon:
See them. So no Hamas members was taken out? Only women and children. These lies will no longer fly except with their terrorist sympathizers.
Palestinians is Hamas and Hamas is the Palestinians. Know this and know peace.
There cannot be peace in Gaza so long as Hamas whose doctrine is the destruction of Israel are in power there.
Don't mind those fools and liars. They think everybody is empty and stupid like them
Foreign Affairs › Re: Israel Kills 104 In Overnight Strikes, 66 Women And 46 Children Among The Dead by mikeapollo: 8:40am On Oct 30, 2025
Front0lane:
Isreal not even those olfrom the Bible talk more of this cursed genocidal IDF as anything to do with God. The day you figure that out is when your brain finally start working.
So it is your Palestinians and Hamas terrorists that have everything to do with God. Your brain has finally finished working.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:25pm On Oct 29, 2025
Care4:
Nobody is going to sell any time soon. my ASO is over 10 years in the cooler. Written it off. So, we ride it till it gets soft.
grin grin grin
These youth of today!
What are you riding till it gets soft?
And you are a man ooo!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:47pm On Oct 29, 2025
SonofElElyonRet:
Is there anything positive to look forward to in CI leasing? Wondering whether to sell or hold? Sincere advice would be appreciated
grin grin Welcome
We have been missing you in the last few days?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:22pm On Oct 29, 2025
BabsO2:
It makes sense to not distribute tranche 3-6 but to sell it to a new investor and use the money to pay off debts and speedup business turnaround. I have always said this is the better option for current investors.
They should sell shareholders compensation (redistributed shares) to which new investors again when there is already AGM approval to raise additional capital?
The AGM approved that the shares be redistributed to shareholders. If they want to sell to new investors, then there will be another AGM to authorize the sale and the price must be disclosed. And that will create more confusion.
Shareholders have invested and tied down their capital for long without dividends so they need something as compensation.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 8:49am On Oct 29, 2025
chimex38:
see as you waste all these on NL instead of copying Bayo Onunaga and Coordinating Economy minister
U no try... grin cheesy

Better contest 2027 Oo cheesy
grin grin
Na one guy make me do that oooo
You have to support my campaign. Just make the billions in NGX and donate some formy campaign
Pets › Re: Adult Male Dog Needed For Adoption by mikeapollo: 5:02am On Oct 29, 2025
Unruly77:
Good morning anyone has an adult male dog for give away or adoption within Lagos, if will be in best of care let me know your terms and condition.... 08135564186 DM if available
Is it really safe and advisable to adopt adult dogs? I have read stories of how some dogs attack kids of their owners or neighbours.
I think it is,w better to adopt dogs when they are still young so they can grow with the kids around and get farmilar with them for safety reasons.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 6:20pm On Oct 28, 2025
Agbalowomeri:
Na was o so we are still not up to that 84
Effect of massive devaluation
Foreign Affairs › Re: Germany Signs €2 Billion Euro Deal To Buy Missiles From Israel by mikeapollo: 6:17pm On Oct 28, 2025
Mirasteel:
Why did Iran target most of the valuable and important buildings in Israel? if not because of USA Israel would have been a toast.
Which valuable and important buildings in Israel? And how many military officers in Israel?
Why do you people like to deceive yourselves with funny lies?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 5:59pm On Oct 28, 2025
courage89:
While a lot of us are focusing on the very high capital gain tax, this can actually be a blessing in disguise for NGX. I see the steep capital gain tax as a risk mitigation to help reduce capital flight in the face of economic stagnation, recession, sanctions and protect the long term stability and growth of NGX.

Most times, we’ve been made to believe capital flight that paralyze and damage Nigerian capital market are caused by political uncertainty, corruption, macroeconomic instability including: currency depreciation, high inflation, external debt, high interest rate and others…While these rationale are very valid, they are not the major reasons.

Other reasons that can trigger sudden capital flight includes: sanctions by foreign governments, statements from big corporations or financial institutions and others. These triggers can happen at any time, due to no fault of the government. Speculative attacks from these capital flight will end up having catastrophic consequences on Nigerian economy.

Example of this was in 2015, when JP Morgan removed Nigeria from its index bond. This sudden exclusion triggered significant capital outflows, with foreign investors selling their Nigerian bonds, stocks and other assets. Leading to decline in stock market, devaluation of naira, higher interest rates, job losses and other economic problems. Let’s assume we had this CGT at the time, could this have prevented the speculative bubble of the 2015?

The long term stability and growth of NGX should be the most important factors. Any policy/ policies to strengthen this stability and growth should supersede short term gains of all investors.
Nigerian investors don't want the CGT. It is not about capital flight or no capita flight by foreign investors
The NGX is now dominated by local investors.
Most foreign investors sold off their shares as prices fell drastically during the global financial crisis and Covid-19 pandemic giving Nigerians the opportunity to buy more shares.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 5:24pm On Oct 28, 2025
Raider76:
Capital Gains Tax: Taiwo Oyedele dismisses claims Nigerian investors are frustrated


https://dailypost.ng/2025/10/27/capital-gains-tax-taiwo-oyedele-dismisses-claims-nigerian-investors-are-frustrated/
I doubt if this Taiwo Oyedele has any investments in NGX, otherwise he wouldn't be saying this.
I pray he dose not destroy his reputation because of this unpopular CGT policy of the govt..
Foreign Affairs › Re: Ghana Removes English As The Main Language by mikeapollo: 5:09pm On Oct 28, 2025
TouchNfollow:
https://x.com/Joe__Bassey/status/1982505417159950558?t=lZ9t1t1-pKYatGFeLg4L2A&s=08[/quote]It is only for Primary 1-3 pupils, in order to aid their understanding as infants or toddlers

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