₦airaland Forum

F

GeneralDae:
The question is: Who else can replace him amongst Atiku or Obi? I am not convinced we have good choices in the opposition.

Anybody can replace anybody!
None of them is special, so let's stop this "who can replace him" talk! It is irritating!

H

Agbalowomeri:
If dem fit value Oando at over N100, what God cannot do....

You are just looking for my trouble with this mention of Oando, that you are using to torment me and fellow Oandoites.
But I leave it for God and Wale!
God and Wale that made N5 to N90 possible iare still alive!

SonofElElyonRet:
If they have valued it at N700 pre expansion, what is bad about that? 🤷

Why/How did they give it a lower valuation before now?
That is my concern.
Very soon, they may come up with another higher valuation.

SonofElElyonRet:
Source: Nairametrics
Renaissance Capital Africa (RCA) has raised its valuation of Dangote Petroleum Refinery and Petrochemicals FZE to N700.41 per share, representing a 33.4% premium to the N525 IPO offer price.

Tlhese analysts could mislead some investors
The refinery will ne expanded to 1.4m barrels in about 3 years. That should be the basis of any valuation

Agbalowomeri:
Please return all the money you made o else I will curse Oando and ACCESS to take back the money

I am waiting for Oando share redistribution so I can sell and buy more Access.
Access Bank Ghana just declared a 70% increase in dividend..
That is what would likely happen iwhen Access Nigeria declares dividend.

Agbalowomeri:
Bros how do you describe a bullish market? It has nothing to do with nominal value. That is why they tell you that "whenever there is currency devaluation, expect a bullish market"

Thanks for confirming my point.
The bullish run under Obasanjo was not caused as a result of massive currency devaluation and inflation.
That makes the bull under Obasanjo different and "superior" to what you are seeing now. It is real bull vs "fake bull"

Agbalowomeri:
You dey mind him. NGX has done 5 baggers since 2023. Only during Obasanjo leading to the 2008 crash did we see this before

In terms of nominal figures, one can say that the NGX has grown several times. But in real terms, factorng in inflation and exchange rate depreciation, not much has happened. It has been more of asset repricing.
For example, in 2022, a GT stock of N30 could buy bottled water. The same GT stock of N150 in 2026 cannot buy bottled water anymore.

We should look at prices of stocks like money in our hands and what it could buy between 2002 and 2026.
What happened Obasanjo's time was real growth, without any massive devaluation and inflation. K

megawealth01:
If they list according to my timing with little OS, I will reason dem because bad leaders come and go

It will have good prospects, no doubt.
I expect the OS to be large. Every state, (especially Niger Delta) must have some allocated shares in it.

megawealth01:
Funny enough if the OS is little I might reason it...

The only reason I'm indifferent about DANGOTE REFINERY IPO is because of the OS

It is govt's poor corporate governance, policy inconsistencies, interference, corruption etc that are my concerns.
Ordinarily, NNPC should be one of the best NGX stocks to invest in

KarlTom:
I believe that we are seeing more disclosure because the IPO is drawing closer...

https://businessday.ng/news/article/nnpc-advances-ipo-plans-moves-to-close-governance-gaps/

People should tread cautiously with NNPC IPO, even though the prospects may look and sound very attractive!
If you know, you know

Raider76:
I will believe NNPCL's numbers the day I start believing Oando"s.

That suggests you are not in Oando at all

KarlTom:
NNPCL

Is this 80% of PT paid as dividend

As dividend to whom?
When the people are still crying and wallowing in poverty?

SonofElElyonRet:
Government is trying to save face

https://www.thisdaylive.com/2026/10/14/lagos-calabar-coastal-road-presidency-disowns-plan-to-bypass-some-states/

Just look at what they are saying:

In a statement posted on the Presidency’s official X handle, the government declared that at no time did the President direct that the 750km dualised Lagos-Calabar Coastal Highway be discontinued to East-West Road from Edo State.


Please help my poor English:
Do you discontinue to; or discontinue from?

They are introducing words to cause confusion that never existed

ppogba:
And you left out the biggest beneficiaries. Members of the NRA.
National Riffles Association

iykyk

jonnysessy:
Lesson learnt: In this business, if you want to succeed you can't be a one-stock-man, you must at one point diversify your portfolio with different sectors. At least with a minimum of 10 stocks is not bad depending on your resources. No matter your emotional attachment to a stock, you should also buy other names.

Yeah, correct

chimex38:
Lol.. Everything gaz get election conspiracy theory angle to it

Make this election come go sharp-sharp make we fit dey analyze market purely based on economics not politics.

Political economy

In most cases, the politics do determine or influence the economics e.g. US-Iran war (politics) influencing the price of oil, profits and share price of oil companies.
Also, US oil companies making bigger money by having access to Venezuela oil after US removed Maduro as president.

ppogba:
Whatever they need to know should not take like the second coming.

Hopefully by end of October

chimex38:
True sha.. 26m no small.

But
1)where both foreigners, USA, UK, Africans,Diaspora-Nigerians as well as HNI Nigerians are involved, the average units per shareholders fit exceed 50,000units.
2)Especially considering our exchange rate.
3)To Dangote and his calliber of circle, you have to excuse him for calling "26m worth of shares" "chicken change"

Make Alhaji just allot me all the units I have applied for so far.
Still looking for money to buy more

ppogba:
P.A. : Sir, people are seriously awaiting the other Banks Half year results Sir.

CBN Gov: We are going WTO

P.A : What has that got to do with the results Sir? Why can't we just call Auntie Ngozi?

CBN Gov; Why not call Adaora? I mean we are going to Wear Them Out. When they are tired of waiting, we will release the Interim Dividendless results and by then, there wouldn't be any issue.

P.A: I understand Sir.

CBN Gov: Learn to decode parables. Get me Adaora on phone.

P. A: Okay Sir.

They need to know the banks that have made adequate provisions in their books for 2027! If you know, you know!

ProphetUtuocha:
ETI (Ecobank), the diamond 💎 in the rough
Will soon be the sought after bride!

Have you abandoned Oando now for ETI?
Folks here on this form know you more as Oando 'prophet''

Notable Speeches By Nigerian Leaders


https://www.nairaland.com/8766342/which-these-nigerias-leader-speech

*“Nigeria's problem is not money, but how to spend it.”*
-Gen. Yakubu Gowon

*"Our problem is not the absence of resources, but the presence of too many resourceful thieves."*
-RIP Dr. Nnamdi Azikiwe

* *“The children of the poor you failed to train will never let your children have peace”*
-RIP Chief Obafemi Awolowo

*"When insecurity lasts for more than 24 hours, a government official has a hand in it."*
-RIP Gen. Sani Abacha

chimex38:
The bitter truth is that he and his businesses has a net-value addition to society- humanity, survival, basic comfort, discoveries, Luxury and even solutions to previously hopeless health-situations despite his utterances at times.

I don't know you as a person, but if you offer or sell a value that adds value to my life and future generations.
Irrespective of our differences, at some point I will have to swallow that aspect of pride and patronize my destiny helper


even If I don't, my future generations might give-in out of desperation and necessity for lack of conservative alternative.
So?


We are all HUMANS first-of-all before race, tribe, culture, religion. Majority of humans will naturally gravitate towards who and what provides these additions values to them for their human and genetic survival first.


That's why I love China, they are at the forefront of preserving their values and opinions while advancing with technology that inculturizes their Chinese values, perspective, tribe and beliefs.

I think Germans and Japan too were a bit conservative country in the 1800 and 1900s but they also advanced in their own way with the rest of the world while preserving their identity, beliefs and opinions.

Exactly!
China practices Communism, and discourages the practice of Christianity and Islam.
But we all patronize their products because they are very useful and serve our critical needs!

kenzo25:
Pm Desinate Bennet is now the new ISREAL PM
https://apnews.com/article/israel-middle-east-iran-nuclear-health-coronavirus-pandemic-deea22832a1cb2d95736f342958083fd

FAKE NEWS
This is 2021 news.

NETANYAHU REMAINS PM OF ISRAEL

SonofElElyonRet:
No wahala.. Oando may still not appreciate correspondingly
Personally I hope pengassan and nupeng succeed in stopping the sales or at least the JV stake

Lol
Why always Oando?
Awon ota po'ju enemy lo!

If it happens, do not say I did not inform you.

SonofElElyonRet:
Apollo Theorem

https://www.petroleumprice.ng/news/articles/nupeng-pengassan-reject-sale-of-nnpcl-stakes-to-oando

https://guardian.ng/energy/nupeng-pengassan-reject-fgs-planned-sale-of-jv-oil-assets/

https://guardian.ng/news/nnpc-opens-bid-to-sell-stakes-in-oil-gas-assets/


These are some of the publications.

SonofElElyonRet:
Apollo Theorem

Nooo.
So you are not aware? Why not do some simple search

But I thought some people said they had killed Netanyahu some months ago and were celebrating.

wink2015:
Israel needs a BOLD, BRAVE AND FORCEFUL LEADER to deal with the antagonistic culture of the arabs especially the palestinians whom are relentless in their struggle to wrestle land from the zionist government.

Gbam!
You just hit the nail on the head!
A leader like Netanyahu is what the Israelis need at this moment; not one useless soft leader that can be easily shoved aside or influenced by pressure
I hope they would not regret this change

budaatum:
They do have influence. If they remove themselves from the current coalition Israel will have to elect a new government.

And then Netanyahu would be back again!

SonofElElyonRet:
Didn't catch that.. Asset stripping?
p.s. dat one no mean say make Oando price go up. Na still wale

There is plan by NNPC to sell its stake in some JVs to Renaissance (Aradel), Oando, Sterling Oil and some other investors in the upstream sector. The FG mooted the idea sometime ago, but soft-pedaled after PENGASSAN and other stakeholders kicked against it.
The article you posted clearly shows that they still intend to go ahead with the plan. If it happens, Aradel and Oando will surely be beneficiaries and it will enhance their production, revenue, profit and upward trajectory of their prices, especially for Oando.