₦airaland Forum

yMcy56:
WEMA @30!
ACCESS @31.30
ACCESS which way na?

We dey wait for Access dividend; at least N3. Then the price can shift to N45-N50 range or higher

megawealth01:
That I bought this thing at sub 12 naira is funny sha

I bought WAPCO below N9; GTB and Zenith below N17. Sold everything after some rise and used the proceeds to buy Oando at around N5-N6. This was a couple of years ago
If you see me holding on to Oando, e get why.

Note: Not a buy or sell advice.
Please stay away from Oando if you don't have the mind for tsunamic volatility and convulsions on the way to a long term loot.
I don't do the so-called monkey hunting.

megawealth01:
Nothing una go tell me. Wale or his boys dey here ooooo

After I yab am yesterday seems he has gotten to work on OANDO

OANDO now close to 47 naira from 43 naira

You the ''Oando gang'' on NSEMPA no go kee Wale for us oooo. Stop terrorizing him, abeg.

helinues:
Na under Tinubu's government some people have been blaming that Dangote has been making big moves

The last official cross over night which I attended ( Over a decade ago), that pastor said, the same year you are complaining of things not working for you, some people are questioning why the sudden blessings.

Life is not fair to anyone, learn how to deal with it without nagging unnecessarily

What kind of talk is this useless talk?
Dangote built his refinery under Buhari's regime, and the success story would definitely lead to other investments, whether Tinubu is the one in Aso Rock or not. Stop looking for ways or stories to steal credit where none exists.

Tinubu was elected to fix the economy and resolve insecurity challenges, which he has failed to do.
Tinubu was not elected to supervise or manage the expansion of the businesses of a private businessman into other African countries!

faoogoke:
I am afraid of excess production in future. He wants to do same with the fertilizer plants.
I hope he knows what he is doing.

Alhaji needs to penetrate and dominate the market share FIRST, and that is what he is trying to achieve! Whatever else that follows would be addressed or managed accordingly.
It would not make sense for him to invest so much and take high risks, and then lose the market share to some fringe players.

Very clueless bunch of people who missed they way and found themselves in govt house.
They are sand-filling the lagoon to build estates for themselves thereby causing flooding everywhere but they want to blame the poor masses for it.

ojeysky:
Dividends from which result na...anyway i dey there too sha

Have a look at their FY2025 draft accounts and look under "Company", rather than "Group". They seem to be up to something.

lawani:
So does this thing being discussed here qualify as tax? Does a one off registration fee qualify as tax? Tax is something government will always come back to collect.

It is an unnecessary and exploitative fee or levy.
Whether you call it tax or levy or fee, the bottom line is that govt is charging and collecting money from people for it which is wrong. Period!

BabsO2:
This steep valuation is not supported by hydrocarbon reserves valuation.

What valuation do you think is realistic based on hydrocarbon reserves?
Recall they still have more oil resources that could be reclassified as reserves in medium to long term

ogoo4real:
How do you mean

Making and declaring huge profits, which possibly would translate to high dividends (i.e. cash minting) for investors

Bizibi:
abeg add holy water.

Okay oo.
May be we should shave his head, robe in white colour clothes and whip him with some spiritual brooms donated by NSEMPA folks.
The ''no-dividends'' spirit must leave him!

Bizibi:
wale problem is wale. Once that is fixed things will fall in place.

That is serious ooo!
Remember, Wale cannot deliver himself ooo. So we need some external force, e.g. spiritual cleansing, shareholders aluta, SEC, etc. to deliver him.

megawealth01:
No push me to talk ooooo

Talk oooo. You are a shareholder, for that matter!
May be your talk could liberate other people from endless hope or hopelessness in Oando.

robobo:
Oga Mike stop making excuse for him. the main problem is someone believing he is the smartest person in the room and pure ego. Even if he is not upstream experienced as at then he has considerable experience in midstream which though might not be equivalent to upstream but could still the called upon and networked to get requisite knowledge. So what about after more than 10 years post conoco, has anything been different??

I also need my dividends and capital appreciation from my shares.
I am only saying the obvious from what I read about how he ventured into oil and gas, but that is not to excuse his responsibility.
Going into a business (with people's money) without the requisite knowledge and experience is even reckless on his part and cannot be forgiven! So no excuses.

However, a single misfortune or wrong move in a highly capital-intensive, risk-laden but lucrative sector like oil and gas, may take several years to recover or even lead to total collapse of a company. e.g. NestOil.
But Wale still has to carry the responsibility to turn things around, very quickly.

megawealth01:
If not Wale all these years, Oando would be competing with ARADEL in price

I think Wale and his team went into upstream business (from downstream filling stations) with little or no experience whatsoever in the sector!
Probably the reason they bought Conoco Phillips at an overvalued price, among other issues.
The inexperience is the biggest challenge and undoing.
It could have been different if he had worked in the upstream sector e.g. in a global oil company like Shell, Chevron etc. before acquiring Unipetrol/Oando or if he had gone into partnership with experienced professionals in the upstream sector.

robobo:
My own na btw N500 -N1000 after the book is cleaned (1. negative equity cleared 2. Adequate working capital has been raised (so less dependent on bank borrowing) and 3. dividend restored)

Na wa ooo!
No wonder the expectation of 900mw power plant in 12 months.
You want Oando at N1,000 so that you can start competing with Dangote?
Is it good? God dey ooo.

KarlTom:
Some of us are sitting pretty on over 600% profit.

Except a 'tsunami' happens, those stocks are for keeps...

Use your kettle wisely

Experience and wisdom

KarlTom:
Some of us are sitting pretty on over 600% profit.

Except a 'tsunami' happens, those stocks are for keeps...

Use your kettle wisely

This is full of experience and wisdom.

megawealth01:
OANDO matter no be clear eyes sha

That is why hints from people like @Bagwa and @Prophet can be useful.
Seems Bagwa is busy enjoying himself somewhere (like Agba and his babes) while Prophet could be on the mountain awaiting more revelations.

megawealth01:
AMEN... I dey follow you for the fasting and prayers oooooo as na SPIRITUAL ANALYSIS fit save OANDO bayi

We wait for our ''prophet'' in the ''wilderness''

megawealth01:
I don target 289 sha

Haba: You don increase am from N189 to N289?

Dagah2:
This read is but an Opinion.
Since issues between the PSquare brothers popped up to the public eye, a lot has been insinuated by the public. Some said it was with one of the Okoye's wife, others greed etc. However, I have always backed my opinion with facts that Peter better known as Mr. P is the issue. His person actually is.

1. FALLOUT WITH GLO
Long before their fallout, the 2 brothers were co-signed Glo ambassadors. In the long run, Peter established his Dance With Peter show under Glo, but that was not the catch. His twin brother supported and showed up for him. How did it end? Mr.P had a fallout with Glo over the same show. Broke off and ended things. Who still hears of Dance With Peter?

2. SOLO CAREER
Mr.P was the first to launch a solo career, releasing singles and coming online to rant. He had a few songs then he felt would blow him up not knowing it doesn't work that way. He even released his album with the name "The Prodigal" . It took his brother almost 2 years to launch his own solo career. This was even as his brother had records of releasing his solo songs in PSquare name before then just so peace could reign. We can be the judge who has made more impact individually between the 2.

3. DEADLOCK AMBITIOUS ADVENTURES
From running out to launch his Zoom bet, zoom bids and zip cloth lines, it has always been ambitions without direction from Mr.Peter. One would wonder why this is part of my points, the hidden fact is in the group sifting his ideas then: his songs, ideas and ambitions posed directionless. Little wonder why he complained of being sidelined. Can we see the uselessness of these ideas and how it would have belittled the name "PSquare". He is about releasing an album of remix to PSquare songs. Such mess can only come from a greedy and selfish.

4. WICKED CIRCLE OF FRIENDS
Between the 2 brothers, Mr.P keeps friends that rightly would be called enemies. Don Flex in particular seems to be enjoying, benefitting and courting the disunity between the 2 brothers. Always appearing, dancing and cheering the self acclaimed prodigal son up. If this Don flex and other circle of wicked friends cannot advise Mr. P or cutting ties in public with him, they need be called out. Imagine keeping friends with an almost 50yrs old man changing his birthday to spite his twin brother. Either they are asslickers or mentally unstable themselves!

5. GREED
It is proven that the greedy one between the 2 is Mr.P. Despite an equal share while contributing less, he feels cheated. From saying they don't regard him to accusing his brothers of stealing from him, excuses upon another has been his trademark.

CONCLUSION
Mr. P should call himself to a meeting. He should advise himself, blackmailing your brothers and all the stunts to pull a Tuface will not and can never work for him. He should do his solo career and stop destroying the peace and legacies of the PSquare brand lest his tomorrow judge him in an unfair way.

Very senseless talk!
Grandstanding in a matter that does not concern you. A paid rabble rouser?
Do you know where it pinches more than he who wears the shoe?
All what is mentioned above is no reason why the brothers should have treated him the way they did. Initially, they fought him because he dared married a Yoruba lady, who incidentally helped the twins' music career when they were struggling and had nothing!

megawealth01:
PETERICHY said I should load more at 40 naira sha

@Bagwa said Wale is preparing to declare dividend. If that happens, N100 loading. The N40 would be a give away price.

megawealth01:
E dey lule like WALE no send us again

E lo f'okan ba'le

megawealth01:
OANDO

Wale go wyne you but no shake

Wetin happen? Any news?
Abi na the stock price wey don lule?

God1000:
The genocidal Zionist entity is a terrorist organization responsible for worst massacre of the 21st century

Which massacre are you talking about?

lawani:
If you remove solar in any country, their power supply would become like Nigeria's

The bottom line is that the public power system provides enough, constant power for the citizens in developed countries! That is what matters.
But we don't have the same thing in Nigeria. So citizens have to use other sources like solar, generator etc to have electricity, and a very useless govt wants to tax people for that again? In other words, the govt prefers that the people live in darkness and power outage and do nothing about it.

lawani:
So something that is standard practice all over the world should not be done in Lagos or Nigeria? But that is like saying this is the only way but you must not use it!

Very shallow, myopic talk.
Is power outage and darkness also a standard practice all over the world?
When you talk, put things in proper context and perspective.
Installing solar panels has almost become a necessity in Nigeria because the public power supply is virtually dead.
But in developed countries and others, the public power supply is mostly constant and uninterrupted. So the govts tax those who install solar panels in order discourage or limit its use and people to switch and use the public power supply, which helps to generate revenue to the govt. for maintenance of the infrastructure.

Exousiang01:
This is very simple, it's global practice.
I don't understand why people go crazy over little issues.

Very shallow, myopic talk.
Is power outage and darkness also a global practice or phenomenon?
When you talk, put things in proper context and perspective.
Installing solar panels has almost become a necessity in Nigeria because the public power supply is virtually dead.
But in developed countries and others, the public power supply is mostly constant and uninterrupted. So the govts tax those who install solar panels in order discourage or limit its use and people to switch and use the public power supply, which helps to generate revenue to the govt. for maintenance of the infrasctructure.

Codevalley:
Exactly what I saw on the news Wema released earlier today. 1.25k dividend with QD of 29th of April.

For a stock trading around N25-N30?
Wema should come back to N15 or lower.

Successlane:
Where ?

In Israel?

Jews are the most populous in Israel, followed my Muslims, then Christians

Religious Demographics in Israel:

Jewish: Approximately 73.5% – 74.3%

Muslim: Approximately 18% – 18.1%

Christian: Approximately 1.9% – 2%

Druze: Approximately 1.6%

Other/Unclassified: Approximately 4.8% – 5%

Ironically, the Christians in Judea and Samaria (aka West Bank) were 80% when Israel was directly administering the place. Today, Christians are less than 20% when the placed is being administered by the so-called 'Palestinians''. They are systematically destroying the biblical landmarks and sites because they know those are evidence that the land belonged to the Jews.

Itzlinda:
Another thing I have also learnt now is to consider the attitude and character of ceo while investing.

Zenith bank ceo wey de do hin things lowkey de deliver.

But the red and white bank ceo wey de buga on social media don carry shareholder money enter another line of business

Hmmmm....people for this forum get mouth to yab CEOs ooooo! See yabis from pretty ladies!
Elumelo don suffer for NSEMPA