₦airaland Forum

ghm:
... and where do you see the better candidates and where are they coming from? Do you mean from the current set of politicians?

I am not comparing or talking about any specific better candidate(s).
Let the masses that have suffered decide the alternative option, and they would if there is free and fair election.

megawealth01:
💯

@Mega,
You prediction about Unity Bank is about to unfold!
Let me see who go borrow me money fast or I dagger some of my Oando shares

SonofElElyonRet:
you are taking SpaceX serious? He's our resident "aderin poshonu" (comedian)

Lol

Ddll:
Expect breaking news from Unity Bank and Providus Bank soon

Wow!
I hope it would lead to lifting the suspension or coming to raise some equity capital.

essentialone:
Yes, that is Bonus shares, not Dividends.

There are 2 types of dividends: cash dividend and stock dividend.

What Oando is about doing is more like stock dividend

otomatic:
I just de laugh you. The guy provides comic relief here. Everyone one knows him well except you

Lol
Thank you ooo

Agbalowomeri:
Lol are you really chatting with this clown?😂

Pardon me ooo.
Is he faking it or something ?
I don't have any prior knowledge about him.

SpaceX:
I can't tell, it still an ongoing investigation

Contact the brokers and NGX urgently so they can trace the trades on your account and block the culprit's account before the person sells and cash out.

SpaceX:
Someone hacked my trading account.............. I don't know what to say........

How come? Did you use a public system or the app on your phone was compromised ?
You may have to contact the brokers/owners and NGX urgently

sarrki:
Troops hoisted Nigerian flag, showcasing their dominance in the so called hideouts of Bandits in Zamfara

May God protect our troops and help them achieve total victory .
But we need more definite success and total victory over these bandits and terrorists.It is becoming embarrassing

elpaso007:
Dear sir,

Your views and opinions are valid and valued.

However, this particular thread is not the appropriate platform for such discussions.

You can explore the politics section of Nairaland or even open your own thread for such discussions. You can even name it as 'Economic , of PBAT policies: Oando & NGX as a case study.'

Some of us will be happy to come follow up the discussions there.

As previously advised by others, I trust you'll consider this a kind nudge to do the right thing.


Signed,

Concerned NSEMPA Follower.

Somebody made a post and said those who have a lot of Oando should pray that Tinubu wins and stays beyond 2027;
Did anyone say his prayer is in vain or ask him to take those comments to the Politics section ?

But when I said I have Oando but I pray he loses 2027, then you people suddenly remember that there is a Politics section so I should take my reply there.
Is this not hypocrisy or double standards? Pure witchcraft !

There is no way the name of the head of govt and its economic policies will not be mentioned at all in an investment forum. So learn to live with it or ignore the post.

megawealth01:
If you bought Oando many just relax and pray JAGABAN goes for another 4yrs then you will make the wealth you have always wanted to enjoy...?

DYOR

I still believe Oando will do well and recover largely by end of 2026. So there will no qualms when TPain loses in 2027.
The main issue is the price of crude oil and what Trump does in US!

Harvestock01:
"Pray and hope" in vain.

Please just say that you pray and hope he will win.

No need to tell me that I pray and hope in vain because that means you are cursing my prayer! This may lead to reactions and counter reactions.
Some of you guys don't understand how to debate in a public forum, hence you make debates to degenerate unnecessarily! .

megawealth01:
If you bought Oando many just relax and pray JAGABAN goes for another 4yrsi then you will make the wealth you have always wanted to enjoy...?

DYOR

I have much of Oando but I still pray and hope Tinubu loses the 2027 elections. Investments and the financial markets require a president/govt that would be very meticulous with good economic policies that ensure macroeconomic stability. To hell with nonsense.
If Oando is not able to show positive recovery between now and 2027, I will rebalance my portfolio.
Even right now, I have plans to sell some units after the first and second tranche of the share redistribution and then let's see what happens to the rest .

TreasureJunky:
Very good move,, the same fate awaits Tinubu and all the useless politicians come 2027

Exactly!

Raider76:
In the case of dividend the exact payment date is usually specified in the announcement. In this case it is almost same as bonus. No allotment date was specified so it is guess work at this point.

You are right.
However, actual Bonus is even more complicated because it would involve issuance of new shares with a lot of administrative processes. But this is to redistribute pre-existing shares that have been already warehoused, which is less complicated than a bonus.

sophy17:
And how did you come to the conclusion that 'the shares will be issued some few days after Feb 14'?

Hmmm, ok o

That is what usually happens in the capital market when such cut off days are announced(e.g. dividend payments), unless something unusual happens. Even if the issuance is done one month, it would be 30 days (still few days )
The doubt here is probably because of Oando's antecedents but the registrars usually credit shareholders accounts a few days after the cut off date

designking:
No selling. Oando is the only stock with a lot of games.

They are very intentional about their share prices and shareholders. Oando was the best performing share in 2024 and I see them repeating that same feat in 2025.

I currently have 250,000 Oando shares and I will try make it 300,000 before February 14th.

But the price may start to rise when it gets closer to Feb14, so take note.
Wish you best of luck.

designking:
Is Oando issuing the bonus shares valentine day?

No. The shares will be issued some few days after Feb14. But your name and units of shares must be in the register of shareholders (members) on that day (Feb14) before you can benefit from the distribution. Feb14 is the cut off date.
If you wait and sell your shares on Feb15 or Feb16 etc you will still benefit .

SAK:
No more prophetic utterances on OANDO again?

I want him to give us something new.
He has been consistent on Oando, and anyone who is interested should be in by now, I guess.

SonofElElyonRet:
UBA knocking on N40's door

Access Bank also seems attractive at N28.
With GT and Zenith at N50+, Access should be clocking around N40-N45.

lionshare:
Okay, let's agree you are right. Which major O&G investments did Buhari attract that are now responsible for the improvements today, because all these agencies have been in existence since September 2021, yet O&P dwindled? What about the security situation?

Yes, you are right that security is another big challenge.
I recall some security analysts say that Buhari gave contract to Tompolo to secure the pipelines.
This Tinubu govt is also trying to engage Niger Delta community elders to see how to improve the security situation, which is good.
Don't also forget the effect and impact of COVID-19 some few years back
The truth is the PIA is helping to attract more investments in the oil and gas sector by providing clear guidelines and framework for seamless divestments, acquisitions e.g. Chappal Energies-Equinor, NAOC-Oando, Mobil-Seplat etc.
Many more acquisitions will take place soon because there is better understanding and less confusion in the process due to the guiding framework, incentives, mechanisms in the PIA e.g. Shell - Renaissance Group
The law was even used as an excuse by the current govt to remove oil subsidy; that should tell you how influential it has been for sometime now,

Nonybb:
Lol this woman mocked Nigeria on Breakfast Club show which his brother Chal da God host 🤣. She was full of sarcasm that Nigeria has no light

True

Krisuba:
[quote author=Locotrader

Oga leave this thing make him carry two legs up first!!

Bad guy!

lionshare:
PIA was signed in August 2021, yet OP dwindled to 900 BPD in June 2023 from 1.24M in August 2021. Were the players in the sector in ghost mode? Same OP is currently 1.485M (Dec 2024). There are definitely other areas of the economy begging for attention, but in the O&G sector, it's been consistent progress since PBAT came in. That is a fact, also connected to why we are all here. A significant drop in OP will result in a red market, and you of all people should know this. Shalom!

The oil and gas sector is not a ''wait-and-get'' sector. It is a capital intensive one with long gestation period. It is also a very volatile sector.
The benefits of govt policy decisions may not reflect immediately.
Some of the benefits of what this current government is doing may not reflect now. It may take several years to materialize. Similarly, some of the improvements we see today are not the handiwork of this current govt.
But the most critical instrument of change in the industry has been the PIA. It has attracted more investors to the sector because of the clear operational and legal frameworks e.g. the establishment of regulators NMDPRA, NUPRC, domestic crude obligation, product pricing, industry dispute resolution etc. are guided by the PIA 2021. And these are some of the major factors that attract investments to the sector.

veecovee:
Chaii !! Who Bewitched Aliko

Lol
Aliko is focused on the refinery for now, he needs to get it on a solid footing before other business can get his attention

Emir01:
Telling your papa to gate-crash is not an insult, my own papa want to gate-crash too by your definition but is not easy. I want to win less than 50% and become a member of house of representative not even a president. You have right to criticise government policies and I have right to believe in the policies and defend them where is necessary. You have right to hate Tinubu and I have right to love him with all my hrt. God bless PBAT and may the policies continue to yield positive results.

Did I mention your papa or father in what I typed? Is this how you debate in a public forum?
What value/virtue do you place on mentioning ''your papa'', ''your father'' in a public forum?

ndept:
I got your point and you are right. In my own view, if Wale decides to corner the entire shares to himself or cronies, it may eventually lead to litigation from those that initially owns it. Therefore, the best way to do it, is to get the shareholders approval through AGM. Afterall, getting half bread with peace of mind is better than eating the whole bread and thereafter going through persecutions.

The shares were surrendered to Oando as part of settlement for debts owed by the owners, and the agreement was legally signed and sealed, so they cannot sue.
But I think some of the debts were connected to Wale himself. .

lionshare:
If According to you PBAT is an incompetent failure then the previous leaders must have been terrible beyond comparison otherwise how do you explain the increased oil production?

I agree with your theory. A score of 30% is better than 10%, but both are still failures!
The renewed increased oil production is largely due to improved policy, regulatory and legal frameworks that govern the oil sector as contained in the Petroleum Industry Act, 2021 which was promulgated by the Buhari govt (the same APC govt), even though it had been a draft bill for many years. Same with the rehabilitation of the PH refinery.

Buhari is APC, so my point is not based on political party affiliation, but facts.

ndept:
Correct me if I am wrong though, but we seem to forget that Wale himself will benefit and get more shares than anyone else from the share distribution.

He will benefit too, but compare what he would benefit now against the benefit of keeping the whole 4.3billion to himself and the related party subsidiaries.

megawealth01:
The honest truth is I only bought additional shares of Oando because of JAGABANomics not even because of WALE. I still have my reservations about WALE. The day JAGABAN leaves governance I will get out of Oando before then sef

DYOR

You made a good point.
I think Oando just needs to inject enough capital to eliminate the killer finance costs and rationalize the huge admin. expenses which depress their profits.
If they are able to do these two things before 2027, then there will be no fears even after his uncle leaves power.
Hopefully, the share redistribution will be completed before then.

Ovamboland:
Are you so much concerned with who gets credit than the impact of the economic growth we get and impact on the stock market?

The impact is what matters and the impact will always come if the right thing is done. No president will be in office for ever, but we will always feel the benefits or costs of their policy actions.
What is unethical and unprofessional is to do mischief and tell lies by arrogating the success that does not belong to them. This same govt blames Buhari for past policy failures. Why are they not truthful enough to give credit for what he did?