₦airaland Forum

KarlTom:
Add some yeast

The ''yeast'' we are looking for is dividend, anyhow anyhow!

alfajohn:
Don’t be a man of little faith. The potential upside in a few years will surpass your expectations.

No be my fault na
Delayed hope and expectations can dampen faith.
Let Wale do something first so that our faith can rise

SonofElElyonRet:
Dangote refinery wa nko?

Alhaji's refinery is midstream/downstream (not upstream like Seplat, Oando and Aradel).
If FG does not sabotage it with the naira for crude, supply shortage and refined products imports, it could probably outstrip the upstream companies because it enjoys some unique monopoly advantage. But the IPO price may affect how much of it investors could buy and benefit going forward.

madridguy:
Joke aside, Trump get bad mouth Macron will forever regret his actions for marrying his teacher

Meanwhile, no amount of insult will make Macron deploy his soldiers for Israel's war. Benjamin Netanyahu want war with Iran so badly, so let him deploy the IDF and Mossad to Iran for fight and stop looking for who will fight their war.

I guess you claim to love Iran?. Netanyahu, IDF and Mossad have already done huge damage to Iran and you want them to do more?
Okay, tell the new Ayatollah and Iranian leaders to come out of hiding; l want to check something!

KarlTom:
Sadly I doubt USofA will chicken out.

They won't want to admit losing the war neither will they want to abandon Israel.
I'm optimistic it'll end soon but the 'how' is still a mystery...

How has US ''lost'' the war?
The US is trying to avoid bombing and destroying everything in Iran, because it would affect the innocent civilians (who even protested against the Ayatollah regime), and also affect the global oil prices. If not for US restraint, Israel would have destroyed all the oil, power, water, and other economic infrastructure in Iran.
The problem that US has is Donald Trump himself, because he talks too much and is inconsistent and unstable. Some of the things he says are totally unnecessary and unpresidential, and that is what Iran is taking advantage of

megawealth01:
So in other words the potentials in OANDO is extremely huge na Wale just dey dul things?

To me, the potential is second only to SEPLAT. If they can tidy up the accounts and are able to attract enough capital to clear the debts, Oando can easily clock N200 and even N500+ in few more years. The power plant itself can be ramped up to full capacity to create more value and money for investors

naturalflow:
I don't get it!are you an advocate to wale or oando?This is the same issue with the APC govt and where we are today.eeeeem PDP did it in 2years,give APC a chance!till today we are still giving them chance.

I am no advocate to no one. I am only expressing an opinion on what I think is realistically possible within a time frame of less than 18months.
According to experts it takes an average of about 30-36months to build a power plant of 350-400mw, assuming power generation is the core and sole focus of the company.
But we all know Oando is primarily an Oil producing company so their focus would most likely be first and foremost, to increase the production of oil from assets acquired from NAOC, Angola etc, then ramp up in other areas afterwards. So comparing it to another company iwhose core business is power generation is misplaced. And 18 months is not a realistic time line to jump from 350mw to 900mw! That is my point. And the figures are inaccurate.
When we discuss issues we should try and do so from a broad perspective based on facts and be willing to listen to contrary opinions.
We all want to make money from our investments in these companies

robobo:
Escape valve instead of facing the fact that it is possible within the time frame and calling out the actors

we have a long way to go

ciao

Your are correct! Fantastic.
2013 to 2017 is ''two years'' indeed.!
And 160mw to 620mw is ''525%'' indeed.!

Meanwhile Sep2024 to March 2026 is not yet 2 years, so let us keep pushing them!

robobo:
i replied you that the info is in public domain

"" Key Milestones and Achievements
Capacity Turnaround: At the time of the physical takeover on November 1, 2013, the plant was generating only 160 MW. Within just two years, Transcorp increased this by over 525%, reaching 620 MW by 2017.""


above states that Tony increase Ughelli capacity by 525% within two years of take over.

Not only that there was clear communication on intent by Tony all through the two years, is there any communication from Oando by now. i remember vividly that after the two years increase there was also clear communication by Tony that the target was 1000 and they will be partnering with GE to achieve same

let us continue to defend/ support mediocrityy/ cunningness/ greediness

It is okay. Never intended this to be a back and forth issue. You are 10000000% correct and right!
2013 to 2017 is two years indeed!

robobo:
so the goal post has shifted from how to do it (as if it is impossible)? to how long did it took to do it (to it is possible but what time frame)

Okay ooooo. that will also soon cahnge becuase the information are in public domain

let us continue to defend/ support mediocrityy/ cunningness/ greediness

you have something that you have not fully exploited; barely exploiting 30-40% of its value then you go and buy an extra piece of the same thing. and start making media round to celebrate same.

its okayyyyyyyyyyyyyyyy

Maybe you did not read my earlier post very well.
My question was how do you expect them to do it in 12-18months; before you responded by making reference to Tony did at Ugheli

robobo:
How did Tony increase the capacity of Ughelli?

Tell us if he did it in 12-18 months, immediately after he acquired it.
Transcorp Power transaction took place several years before now.

It is good to push Oando to do it, but I am not sure such was feasible in 12-18months considering the fact that it Is part of a larger set of assets acquired from NAOC

Kaliningrad:
Iran has destroyed more US aircrafts, oil tankers, bases, radars, air defense systems, factories and industries in just one month than Ukraine has in 4 years.

The US has lost 26 aircrafts/drones in only 1 months of war. Imagine how much they'll lose in 6 months.

Iran would probably come out of this war a nuclear power, unless they're governed by extremely dvmb people.

Is it because US has restrained Israel from bombing and destroying all the economic and social infrastructures in Iran because of the possible effects on civilians?
Iran is behaving like a dying horse kicking anyhow.
If the power, energy, water systems etc had been destroyed by Israel, Iran would not have any platform or capacity to use to fire those missiles.

robobo:
Abeggiiii make una face front

Oando has not fully utilised the full 960MW capacity of Kwale-Okpai Power Plant but is going after / procuring another 60 MW turbine.

Bunch of unserious people. if they are serious, by now the utilisation of Kwale-Okpai Power Plant should have moved from the about 300-350 they took over from NAOC to its full capacity of 960 mw. Also talk should have been in place to spin it off as an entity standing alone on NGX thereby maximising its value and releasing some cashflow for Oando itself but i guess that is not immediately gratifying like the 60mw.

Unserious bunch.

You may have solid points of concern.
just some curiosity:
If NAOC operated the power plants for several years and handed it over to Oando at only 300-350mw in Aug/Sep 2024, how do you expect Oando to move and almost triple the capacity to 960mw just after about 12-18months?

PropTrader:
If history is to repeat, then Unity Bank shareholders will likey be paid in cash. Shareholders of the savings and loans companies, including Spring Mortgage, that were acquired or merged with United Mortgage before it transmuted to Providus Bank were all paid cash for their shares. If Providus owner does a share exchange then his shareholder base will balloon beyond 50 shareholders and he will be forced to converr to a Plc by law. I doubt he want to run a Plc for now.
It will be interesting to see their rights issue circular. It should throw some light but in absence of that I tend to believe he will pay off the shareholders in cash. It's the cheaper option for him in the long run.

Yeah...you are right

Racoon:
https://www.facebook.com/share/15g2SkPYN2D/

Remember, Nigeria says they will appeal against FIFA's decision to allow DRC.
So watch out, anything can happen at the last minute.
Remember, we are the giants of Africa and the world cup is now our birth right whether we qualified on the field of play or not!

megawealth01:
The reason for bringing this to your attention and many others of my followers is to let una know that we have choice to either SURRENDER at a price or get new allotted PROVIDUS SHARES

From the just concluded PRIVATE PLACEMENT they sold PROVIDUS for 8 naira... And it was rushed before una even got the feel

Babi la hot🔥

Just got the RECORDS

Me sef I wouldnt mind buying at N10

megawealth01:
@mike...

This is the true picture... It's either you take cash or you get new PROVIDUS shares allotted to you...

"As part of the consideration, the statement said Unity Bank shareholders will either receive N3.18 per share or be allotted 18 ordinary shares of Providus Bank for every 17 shares previously held in Unity Bank."

Okay, thanks.
I guess most shareholders would opt for shares

yMcy56:
Did PROVIDUS mentioned listing on NGX after merger?
Because what I read the last time was swapping of shares of UNITY for PROVIDUS at certain ratio or buyout of UNITY shareholders at 3.20 or so......the price UNITY attained at some point.

Several publications indicate they may list on NGX after the conclusion of the Unity acquisition/merger. Below is a sample
https://businessday.ng/markets/article/providus-bank-may-list-on-ngx-after-unity-bank-merger/

yMcy56:
Who says UNITY is coming back as UNITY?
The arrangement with PROVIDUS is acquisition.......and if it's merger, then the name cant come back as UNITY either.

As at now, we still needed update on the merger self.

Whether Unity or Providus, is not the issue now.
What maters is the value when they list or do a PO

BlackViper:
https://thenationonlineng.net/nuc-bars-honorary-degree-holders-from-using-dr-title/

Now NUC wakes up to follow what Ghana did

dre11:
https://punchng.com/fg-eyes-oil-windfall-to-fund-n9tn-budget-gap/

A very pathetic country with no long term strategy or thinking.
Sharing oil windfall since 1970s Udoji Awards with nothing to show. That was a time when countries like Singapore, Malaysia, Indonesia ect were using their money to build infastrcture for development but Nigeria was sharing money to civil servants to buy colour television, sound systems, cars and marry more wives.

megawealth01:
Listing at 10 naira is undervalued anyways

Really?
Well, time will tell.
It is better undervalued so that investors can benefit more when the price appreciates

megawealth01:
Someone here said Oando will give dividends this year... @Ba...

If these two entities does well this year omo na jagaban hand work ooooo

It is better they list at N10. Private Placement was at N8.
Sterling Bank is trading below N8

robobo:
Shey una wan kill Wale niiiiiii
make una let the poor boy breatheeeeeeeeeeeeeeeeeeeeeeeeee
EPS is 30
He has delivered a dividend yield of 16.35% for total 2025 FY, arguably the best on NGX for 2025FY.
he deliver interim dividend of 1 for 7 (8.3% yield)
then he delivered final dividend of 2 for 27 (7.4% yield)
una con still dey find another dividend, SHEY UNA WAN KILL AMMMMM. ABI MAKE HIN PAY WITH HIM BLOOD HABAAAAAAA

The first was 1 for 12 (8.3% yield)
The second is approx. 2 for 29 (6.827%)

They miss the exact ratios and percentages in some fractions

KarlTom:
Is GeeKudi now one of the prophets?

There is nothing too much money cannot do. That is money anointing speaking ''prophetically''

Agbalowomeri:
Seems we are back to post-dividend dumping

Who are the ''we''? Are you counting yourself inclusive? Because you always anti-Bull
Say something and let people hear you

Agbalowomeri:
Why you dey spoil parole na

Don't tell me you forged that Corporate Actions publications of Access Bank

GeeKudi:
Mike, I got my alloted shares now. Thanks.
I told you they started with the egbons in the house

Great.
More KUDI for the GEE!

megawealth01:
OANDO

They are calling us all sorts of names.
God dey. I know that Saul became Paul one day and he did well. It was the Lord's doing.
Dont blame me, again, for praying. Everything good or bad needs prayers.
Shalom!

nedu666:
Gtb 11.76. Access abeg o just do 6 naira.

I don't expect Access to do anything more than N3.50.
They submitted their accounts almost a month ago and it is not yet published; is CBN pushing back?.

Sunrisepebble:
GTCO final dividend of N11.76k per share

Wow. And what was the interim dividend?

thebargainhunte:
Is today not March 31, where is our OANDO 2nd distribution?

Oh ye unbelievers, have ye checked your CSCS account and not see that Wale has performed?
As the ''Prophet'' sayeth, Oando shall surprise ye all in due time.