₦airaland Forum

megawealth01:
I'm sure you bought TANTALIZERS when I called it out at sub 0.50k here?

Forget all the noise from attention seekers. Many people go join the hustle for gambles soon

I missed out oo!
Poor me.
But congrats to those milking it.

megawealth01:
You want to hear the truth. Majority of those that bashed Oando made a kill nobi everything we go talk here

Money does not like too much noise!
Chop and clean mouth, no strings attached.
It is all good. Let us make the money from whatever stocks that would give us good money. No emotions attached.
Kudos to all those who made money from Oando.
Please let the experts or those with insider info release the next stocks that can give us good money.

bovali:
Just been looking at my updated portfolio and been smiling since. Please who sells house in Ikoyi? . Oando alone gave me 300m+ which i have sold and put in fixed income. Will be using the interest to follow loco in his Jijo till I find any better fundamentals. Christmas will be good this year.

Congrats. And thanks for the various analyses and your sincerity this time around.
But it is interesting that you made so much from Oando.
I recall I was one of the people trying to convince you about Oando's prospects when it was still struggling to cross the N16 mark; and you said you had sold all your Oando units after making some 40% gain.
Well, I am also waiting to make my kill in Oando. My target is 10 digits, and will hopeful hit that mark very soon.

AntiChristian:
This message no clear abeg!

How is it possible for Atiku to restrict the presidential zoning to the SE and not the south in general?

Is it bad if someone wants to contest democratically for the position of the president?

Atiku actually wanted to sideline Wike but in the end divided his house and lose the election.

I don't think PDP will ever get such opportunity they had with a full house with the G5, Kwankwaso and Obi ever!

President Jonathan was from the South South, therefore Atiku was fair enough to suggest that the South East should provide the next president after Buhari.
But Wike refused because of his ambitions

tundegan:
Atiku is just a shadow of himself.

This is a man that was once the most powerful politician in Nigeria but now he is just a mere footnote.

What an irrelevant quote is this? Why diverting attention from the main thrust of the article?

megawealth01:
They go soon tire and my ANAMBRA project go begin cruise

Hmmm!
''Anambra Project''.....that is billions talking.
If you now, you know

TimiRume:
Importance of having elders in a church

Modified: Haven seen his previous videos from years back on this matter of phone ringing, and also the recent one where he walked out, I don't think he is wrong. In short, I agree with him. He has been preaching about the need for discipline in the body of Christ and why we need to show reverence to God's word when we come for it. Eventhough I think the person whose phone rings should be asked to leave instead of the whole congregation paying for one person's carelessness, he said he finds it difficult to ascend in the spirit when there are phone distractions. So even if the person at fault leaves, he won't still be able to impart much on the congregation( though God can be merciful).

My conclusion is that disciplinary measures like this may appear cold and unloving but at the end they would prove effective.

It is good to make the congregation conscious of discipline whilst in the church and preaching is going on .
But a man of God who is truly in the Spirit should minimise and control the effect that ringing of phones has on him . How many things would he stop when he hears the ringing of phones? Having his meal, praying or shagging his wife ? Would he stop these things because of the ringing of phones,?

Agbalowomeri:
Make dem use their holding collect loan from their stockbroker and default. The stockbroker go find way out

The stockbroker would most likely give margin loan to buy shares and they would hold the shares in their custody.
No short cut to financial freedom.

yMcy56:
The only saving grace we highlighted here that time works well now....
Shareholders' voting power! 🙌

Now some other ones planning delisting should better learn from here! 😁

If OANDO like, let them talk about delisting again, they wont part with anything less than N300 😁

WAPIC exit also stalled......guess shareholders also refused the 0.69 buyout price...

Source: https://www.channelstv.com/2024/11/14/just-in-nnpcl-reaches-1-8m-barrels-per-day-crude-oil-production/

NNPCL hits 1.8m barrels per day!
What could be the possible impact on the crude oil production numbers coming from NNPC JV partners like Seplat, Oando, Aradel etc?

Youngzedd:
Check this out https://saharareporters.com/2024/08/21/nigerian-state-owned-oil-company-nnpc-retail-surrenders-control-ovh-energy-operator

These are the lies and misleading reports that were churned out by some media houses, maybe due to ignorance, deliberate mischief, politics, propaganda etc.
The same newspaper later issued a revised report stating that NNPC now owns the retail filling stations
The truth is this: NNPC is the owner of all former Oando stations. Oando does not operate filling stations anymore.

Youngzedd:
I heard they lost their retail to Oando. Also, they no longer enjoy fuel monopoly, do you still think it will still worth it after all these?

NNPC actually acquired (bought over) Oando retail outlets, that is why you see NNPC in all the filling stations that used to be Oando. Hence, NNPC now has the largest number of retail filling stations in Nigeria.

ololufemi:
With this move, I see the current administration considering the transformation of the NNPCL into a Publicly Listed Company and eventually listing it on the floors of the NGX, JSE and LSE.

Can you throw more light on why you believe the FGN could be considering listing NNPC on NGX?

yMcy56:
The only saving grace we highlighted here that time works well now....
Shareholders' voting power! 🙌

Now some other ones planning delisting should better learn from here! 😁

If OANDO like, let them talk about delisting again, they wont part with nothing less than N300 😁

WAPIC exit also stalled......guess shareholders also refused the 0.69 buyout price...

I just hope this commitment and strength to reject the proposal by Management would be replicated and the SEC would not shortchange investors.
If Oando should try the nonsense delisting, lets hope the shareholders who bought at lesser prices e.g. N20 and below would not outweigh those who bought at much higher prices and compromise the votes.
Oando should be made to pay a very heavy price.

adeniyiemmanuel:
NIGERIANS ARE TRULY BLESSED.

It is the land of USA that is ''blessed'' in this context, so don't twist it to give the glory to any other country.
Let the young talented lady come back to school and live in Nigeria, and let's see if she would be able to do jack!
There are so many talented kids and youth like her living and schooling in Nigeria but they cannot do jack because the ''cursed'' system in Nigeria would not allow them to excel. But when such people find themselves in US or Europe, they excel very well.
So the ''blessed'' in this context is the country where opportunities are provided and people are encouraged and incentivized to excel.
People from all parts of the world are excelling in America because the facilities, systems are there, so America is the blessed land!

Dapromzy333:
https://news360ng.com/no-one-has-ever-defeated-tinubu-nsa-nuhu-ribadu-warns-new-terriorist-group-lakurawa/

Shameless sycophant Ribadu.
This was the man as EFCC chairman who accussed Tinubu of corruption as Governor of Lagos when Obassnjo was president . He claimed it was the constitutional immunity that was preventing him from arresting Tinubu.
Today, the same Ribadu has rushed to receive appointment as NSA under the same Tinubu that he accused of being corrupt.
Shameless things

zendi:
If shellholders refuse to let Oando delist from the NGX, Oando will delete the shellholders by PP capital raising. By delisting or by deleting, shellholders shall not be part of the goldmine, sorry.

Lol,
How does deleting shellholders/shareholders by PP work? I want to learn.

Harvestock01:
You also saw how Proshare tweak and polish old stories to look new? That should tell you there's an agenda to it and Proshare has a dog or is being used by other dogs in the fight.

I will sit tight and follow the season film titled "Oando"

This could be one of the thorny issues that may be raised if Oando decides to do an equity fund-raise without putting some clarity and finality to the matter. Although an equity raise (from the public) is more or less a confirmation that they are no longer delisting.

robobo:
The debt raise (bond) is to pay down on some of the expensive loans procured earlier in the year to close the ENI deal (check the notes to AFS 2023)

But the ENI deal was executed with loans from Afrexim Bank, with more favourable rates and terms.
The debt raise may rather be to settle other expensive, commercial loans that were taken for working capital support and operations.

robobo:
the 2023 AFS stated that they intend to wrap up bond in Q4 2024 ( i doubt if this is possible again) then thereafter follow up with equity

meaning they are looking at maybe H2 2025 or early 2026 (when some result reflecting ENI's purchase would have reflected in result.

Oando already took some loans in 2024. Their ability to manage and pull through 2024 is even a surprise to many. But the interest finance costs is becoming a huge drain on the profits.

yMcy56:
Lol.
Once these guys are ready forget o....
They knows how to go about it and make it happen.

When UBA fixed RI for 35 and was announced when trading below 28, they knew how they moved the price above 30....

UBA dey make profit and declare dividend ooo, so the market would always cooperate with whatever they decide to do.
Alternatively, Oando can obtain shareholders approval to go for private placement if they know where to get the money without coming to the larger market. If they come to the public market, many issues/questions would be raised which they may not be able to answer, unless it is on the heels of very good Q1 or H1 2025 performance report.

yMcy56:
All offers at days low mopped up
You can sell if you think your BP is rising nah.
OANDO is coming for fund raising, we don't know at what price yet but there may be pumping when the time is coming near......
Not any form of certainty that there'll be pumping but highly likely once the price is determined....
Again, not still sure of the means of fund raising, may be in form of Bond or equity.

Oando better wait until after releasing H1 2025 results when they incorporate inflows from ENI's assets and showing very good bottom line before coming out to raise funds.
Otherwise, they fund-raising could raise more questions and probably fail to rake in the required funds.

Sunrisepebble:
I’m yet to look at the numbers myself but what is the fair value of Oando. And why is the profit so low compared to the enormous revenue?

From the accounts released so far, Oando has been engaging in huge Supply & Trading activity to boost their revenue. Incidentally, the same segment is sometimes also responsible for their huge losses, apparently due to volatility and fluctuations in prices of crude/refined oil products, as it affects their business.

Their highest profit margin (percentage wise) comes from Exploration & Production (E&P), which is basically the crude oil that they extract from the ground and sell. This segment also generates the highest margin for Seplat and Aradel. This is why the new oil fields acquired from ENI will be key to Oando's future prospects.

By my own rough analysis, the ENI fields could add about N150-N200b or more to the bottom line of Oando annually, as new operators of the fields.

REDshouse:
Finally Dangote have his way to monopolize the oil industry same way he did for Cement that is no longer affordable to the common man ...dangote cement is 9k per bag ...

Allow every one to compete evenly in the biz. This is only way to reduce price

Others should be allowed to compete, but strategically and economically, it is better we encourage more investors to establish local refineries.
The FG/NNPC are the problem!
What they should have done is to agree to sell the crude to Dangote in naira at a pre-determined fixed exchange, and then negotiate and agree to a pricing template so that citizens could buy the products at reasonable, affordable prices from the refinery. This would ensure that Dangote does not take advantage to make excess profits.
But the NPPC adding their own margin/markup on something they did not produce shows how irresponsive and irresponsive the FGN/NNPC are about the negative impact of the price of fuel on the economic hardship of the people

KarlTom:
Something is brewing in OandO.

This media hype is quite unusual...

Let us keep watch and monitor what is going on or coming from the ENI oil fields (which is E&P) and the Okpai power plants. The
E&P segment/sector yields the highest profit margin (%) for Seplat, Aradel and Oando itself so what will be coming from the ENI fields will be very key. But Oando may have to do some staff rationing/right sizing in the nearest future in order to maximise the gains from the acquisition because of ENI staff .

iwaeda:
https://nairametrics.com/2024/11/11/presidency-directs-n5-4-trillion-subsidy-savings-toward-nationwide-development-initiatives/

Foolish talk. Which infrastructure ?
For dead people to use the infrastructure after they die of hunger or what ?

SAK:
You can't compare ARADEL with OANDO. ARADEL is well managed i.e good corporate management. Their result is always timely and they have consistent history of dividend payments.

I was referring to the performance of the two stocks on NGX, especially when Oando gained in price.
Aradel has been going down consistently until when Oando started going up.
Some of these things may or may not be necessarily incidental or coincidental.

You are comparing 2 companies in terms of corporate governance and return to shareholders.
A company and its stocks may not necessarily have same performance. Don't mix the two.

GeeKudi:
My question: In all of this squabble and its analysis, where does the masses come in?
We are not interested in their roforofo, we just want to buy fuel as cheap as possible.
Who will give us this? Is it what Dangote is fighting for?
The refinery was built largely from the vault of the CBN. Dangote is now denying all of that?
What is the essence of selling crude to him in naira if there is nothing in it for us - the Nigerian market?
We just want to buy fuel as cheap as possible.

Please, let us appreciate entrepreneurs who take risk with their investments to add value and create jobs for people, while making their profit.
How was the refinery built largely from the vault of CBN?
Ten (10) Nigerian banks and two 92) South African banks syndicated the loans with which Dangote built the refinery

KarlTom:
OandO. +7.03%
ETERNA. ±
ARADEL. +10%

Is Oando now pulling Aradel along, or what?

Mpeace:
They can just chip im small dividend like geregu. N8 or somthimg like that

No available reserves to do that now, unless they are able to churn out some massive profits to wipe out the negative equity.

Zagee:
For the sake of our sanity, let us stick to circa 100

Anything can happen in the market!
Sticking to a particular target price could be very sticky!
Oando's sudden price drop in 3 days should be an eye-opener and a wake up call.