₦airaland Forum

angelo82:
Stanbic was even 4. something in 2009....

immanuello:
I will go cele, make God help bring oando to #5 and make oil fall to $30.

By then i can buy gtb at perhaps #7.50,fbnh@#3,Zenith @#5.00,cap@#7,Mobil @#15.ROTFL seriously!

PETERiCHY:
Some people tend to be blinded by their selfish interest. I ve been an entrepreneur for the past 19yrs so I talk from experience. Now let's d calculation. For the past 52wks most stocks in NSE has lost btw 50-100% but Oando is still above 100%. and has been hovering btw #23 and #27 for the past 4mths. not minding they recently paid 1.5billion dollars for COP, still went ahead to propose #1:00k dividend for their shareholders and they even promise to be paying interim dividend henceforth. So how tell me how Wale has deceived us?
Well if you talk of deception ask those in OKOMUOIL. SKYEBANK. UBA. ACCESSBANK. FIDELITY. to mention but few.

Dexterax:
There you have it, dear PrOpHeT.

You're about to discover that a company, in principle, is configured to outlive it's shareholders.

It is also very likely that the shareholders will never live to see their precious NOAH's ARK priced at the NGN 100.

stokfrick:
oando dropping seriously! too bad!
any bad news on wapic? tot i got it cheap@ 0.72. shit!

kokobaba:
@house,
Am already planning towards 2015. Going forward, this is what I intend to do:
Am moving out of the banks cos I think the cbn regulation and headwind is going to extend till 2015 and I feel the scenario in the banking sector is going to be the same as this year if not worse. The banks will definitely declare dividends as usual but it might fall.
I am pitching my tent majorly with companies in the consumer sector and also oil and gas. I feel these companies should be able to give me the capital appreciation I desire.

ucheson2: Many have applauded the so called transcorp hotel ipo. May I ask them some questions:

1. what is the present shares in issue of THP?

2. Have you multiplied the said issue share by the N10 they are telling you to buy their ipo, do you think those two hotels one in Abuja and one in Calaba are worth that amount?

3. What are the features and capacities of the two new hotels they wish to build with the whole of N8,000,000,000?

4. Why were all the articles about this ipo scilent on these and other important issues? ......

Charlesnerd: How long have you used Meritrade?

How would you rate their customer care?

I am shopping for a broker with real-time trading facility. Its between Morgan and Meritrade ,undecided.

deeonlyme: the car is in lagos and location is not an issue if we can agree on a price

dsonofmaan: Dexter's recent posts against the stock is borne out of the fact he doesn't wanna be wrong that he sold early, he wants backing and he's getting it a whole bunch of *bootyLickers*

Born2berich is just mad that Oando didn't make rich on time, he got tired of waiting...

Passwell#followfollow...

passwelle: No conspiracy anywhere. People make money on the bourse, and it is always from other people. As this is a public fora, with people of different backgrounds who may read "you cant go wrong" and act on it, folks are just pointing out salient observations on the stock and its results e.g why is there no EPS in any of the 2014 results? Yet we have an interim declared. Who here knows the OS of Oxygen for a fact? Folks here compare it with FO and Seplat and expect a similar meteoric rise, well FO has a little over 1b OS and Seplat has 500m plus OS. Go figure. We are here to help ourselves. Ask the folks who didnt take heed to Feelamong's warning late Aug on Transcorp's dead cat bounce, or the Cocoa lovers who just got served.

mpi210: The qualification date of the interim dividend far no be small.

They might throw in the rights issue before that date........

Sharp guys!!

passwelle: Yes you did. Are you not surprised? I am very very surprised Sir. I dont know what your line of business is, but would you not be surprised to hear of any company that earned 23k (page 2 of their audited statements) and plan to pay out 30k dividend?

Mpeace: I'm begining to understand myjoy08's believe in oando, and I now see some sense in the believe that they may post a very impressive result(whenever they decide to) and even pay dividends. I just did a personal analysis of the whole COP deal, and my conclusion is that the whole sum spent in the purchase would not reflect in the profit and loss analysis. They may only appear in the liabilities column, and almost every company on the exchange do have liabilities(large or small). For instance, the sum borrowed from several financial institutions by FO and Transcorp to finance their power sector acquisitions did not reflect as losses in their results. Although there are outstanding payments to be made on the COP deal, the proceeds of the acquired company's buisness may just be used to defray the outstanding sum while that of the rights issue would go to the settlement of liabilities to financial institutions. I also think that the delays in releasing the result and the whole hide and seek game are justa n attemt at making investors to sell in frustration, while WT and friends mop up and accumulate more shares. Just an opinion(I might be wrong).

omaojo1: This post only shows how ignorant you are when it comes to understanding the basics of a Balance Sheet and Income Statement. Keep living in fantasy island.

Oma ya e lenu.

Mpeace: I'll just reserve my comment, as only time(and WT) will tell. It will look like magic to many.

passwelle: @ Mpeace, Oando, surprising everyone except the Cowboys since 2012! grin

Mpeace: I'm begining to understand myjoy08's believe in oando, and I now see some sense in the believe that they may post a very impressive result(whenever they decide to) and even pay dividends. I just did a personal analysis of the whole COP deal, and my conclusion is that the whole sum spent in the purchase would not reflect in the profit and loss analysis. They may only appear in the liabilities column, and almost every company on the exchange do have liabilities(large or small). For instance, the sum borrowed from several financial institutions by FO and Transcorp to finance their power sector acquisitions did not reflect as losses in their results. Although there are outstanding payments to be made on the COP deal, the proceeds of the acquired company's buisness may just be used to defray the outstanding sum while that of the rights issue would go to the settlement of liabilities to financial institutions. I also think that the delays in releasing the result and the whole hide and seek game are justa n attemt at making investors to sell in frustration, while WT and friends mop up and accumulate more shares. Just an opinion(I might be wrong).

passwelle: @ Mpeace

omaojo1: This post only shows how ignorant you are when it comes to understanding the basics of a Balance Sheet and Income Statement. Keep living in fantasy island.

Oma ya e lenu.

nitrogen: You sure about the bolded? I think it is your bank that always give you a certain rate, with you thinking that it is the secondary market you are buying from, the minimum volume required for secondary market purchase or sale is 250m. Well, maybe your fund is close to or well over 250m, and if that is the case, then you have been accessing the secondary market truly.

By the way, the last time I checked, you can get 10.60 or so for a mid-tenor bill in the secondary market, also, there are Omo bills at 10.75/10.80.

It all depends on your advisor sha.