₦airaland Forum

megawealth01:
Another Petrol Scarcity Is Looming - Fisayo Soyombo

https://x.com/fisayosoyombo/status/1833041546926493787

The "experts" running this country...
Dangote better do the dangfood merger make we see money take buy fuel. Japa cost is too much these days.

Sunrisepebble:
Sizeable bids for Seplat between today and yesterday, 4k soon approaching

Seplat has been on full bid since, but the 100k single transactiin remains the main issue.
It might not get it unless one of the ogas does the needful.
Because of that rule, stocks like this need special intervention to make any movement

https://www.vanguardngr.com/2024/09/lokpobiri-tasks-oando-on-100000bpd-oil-production/

This one is for oando people. The content will interest you.

Seplat can do10% today if only someone will be gracious enough to sell 100k units. There are enough bids.

emmanuelewumi:
Coupled with just 220 million shares and a forecast EPS of N1000 for the year

Using the OS and assuming all other things to be equal, my rough maths suggests that Aradel at 10,000 is equal to Oando at about N176

yMcy56:
If Aradel could be trading at Circa 10k....then we'll still be patient with OANDO.....

There are bids on ground, once profit takers are done, we'll be able to see road again....
Crossing N100 is the next task now......

Meanwhile, CI Leasing is cruising upward in market.,.... Currently @4.47......

** Caveat: Not any form of advice*"

The only problem with your oando/Aradel comparism is the fact that price movement rule is not the same.
That 100k single transaction rule is what is stopping some companies from moving. It appears not to operate in the platform where aradel is listed. Thats why its experiencing such appreciation at that high price.

megawealth01:
So subsidy isn't gone after all?

According to NNPC, subsidy is gone, but they only sell fuel below the landing cost..
I wonder what that means.

Zagee:
What is all this talk of NNPCL monopoly on buying from DR? What happened to our enlisted right-to-purchase coys?

If them buy direct, who go come subsidise the fuel?
NNPC will buy at 1,200 and sell to Nigerians at 850

megawealth01:

https://www.youtube.com/watch?v=a7j5S9xhowY?feature=shared

Aliko Dangote has officially announced the commencement of petrol production at the Dangote Refinery. He expressed his gratitude to President Tinubu for permitting the sale of crude oil in Naira. He presented the first sample of the petrol to press Peep the colorless petrol in the bottle on the table I never knew petrol was meant to be this colour less

Hmmm dangote better collect money upfront before selling to Nigerian govt cos them fit owe him the cost of setting up that refinery.

Streetinvestor2:
If I call you out to prove it now.You will say I want to show off.Can you Bring out any post showing whr I told you or anyone regarding that.And if you can't. I advise you do respect yourself. The decision to buy hold or sell is your business as I had always preached

I can play dirty but have decided to hold back going forward

I no get Oando, but I know wetin I dey talk.
Once you sell: "e don cast" But once you buy ...

Abeg oh. I no sabi play dirty and I no dey curse. I no sure say I done quarrel with any body for here.

Streetinvestor2:
OANDO OANDO Don cast.

My BE in the three batch of purchases are as follows
1 8.96
2 11.21
3 12.41
That. Means I have very good margin of safety. So don't even quote me if it turns out otherwise

That said, I decided to put a call to someone I respect alot in this business and who by all standards a big man in this country and a full stake holder in nse.The privileged of having his direct contact is one of benefit of being Dan arawa by association.It is a life line I hardly use for small things but I decided to use it today
The information from his end is I should go and sleep based on oando. He said oando is going far strictly based on political will.He said short time target will be #100 and told me what to expect by February/March which I will not mention here.

I personally have decided to pull out all the money I gambled in oando by the time it hit #100 soon and reinvest in Fundamental sound stocks since I am an FA believer.Pls this is not a buy,hold or sell advise. I just did not want to keep all my brief discussion on oando to myself. The money to buy oando is yet to be scratched based on what he told me..

You too get double mouth. After deceiving many to sell. Lol.
From all indications, you have re entered oando. Time to sweet talk the stock.

olig:
Good to know that ASUU is more powerful than the government. Obviously, ASUU also made the newly created universities "non self sufficient". ASUU has always proposed many ways to fund university. Go and check how ETF came to being. And now politicians have hijacked it using it to fund irrelevant things.

It is amazing "how selfish ASUU is", in a country where the take home of a professor is less than 500k. In University like UI where we had to help our professors carry kegs to look for water up and down. Where we had to contribute money to hire generator for months (when there is no reliable power) in order to do analysis and research needed to represent the university in national and international competitions. ASUU IS ALWAYS THE PROBLEM, right? Including the schools that doesn't have ASUU.

I end my case here o. This is Nigeria Stock Picks not ASUU or government thread

When I said before that if not for ASUU I for no go school, people no understand.

They will not understand how irresponsible government is in Nigeria. They fail to look at other sectors that the government has total control, how badly they have faired.
You think govt cares about your education when all their kids are in Uk and other developed climes.

If not for ASUU una for see "Band A" university with any how education. Go and ask Nigerian Airways, NEPA, Nigerian Refineries, NITEL etc how government has made them more "profitable".

Govt only cares about money generation(that may be soon looted). You dont know how happy they are with the man at Jamb, that have been increasing "profit year in year out"

If you allow them, all they will do is "privatisation and comercialization" nothing more.

Raider76:
You have to get rid of ASUU first. They are the ultimate leaches that believe everything has to come from government. If Unilag is a private university in the example you gave they would have built the ferry.

If not for ASUU, some of us for no go school.

Make I help the oando ministry

https://www.nairaland.com/8199844/nnpcl-hand-over-warri-kaduna

Totalenergies officially moved so early. Now 673.90

Slow and steady ride

Abeg make una allow oando sleep this night naa.
Its 11pm already and una still dey call oando oando oando

SonofElElyonRet:
https://punchng.com/amcon-set-to-sell-ibadan-disco/

Hope Tony is listening

Money no too dey for discos

Meanwhile wey dat person wey say there will be pull back in Total, Oando and others.
Come and pay me mmy money

Seplat alert just landed. Very efficient in dividend payment.

designking:
A lot of stocks will pull back tomorrow and it is a good time to buy these stocks

1. Oando
2. Eterna
3. JAPAUL
4. C & I Leasing
5. FBNH
6. Ellah Lakes
7. Total

Put your money, Total will not pull back tomorrow

Sunrisepebble:
Omo someone don move 100k Total Energies

Wow Oour Total energies.
Chai 1k will not be bad.

Streetinvestor2:
How much did he really lose in the market. I no dey trust naija guys oh.I hope he did not go and invest the money in dubai and claimed he lost the money in stock. You remember that guy in ph who did it to guys in forex after invest in dubai and relocating his fmly too.MBA forex I think

MBA forex scam lol. It wasn't just in ph. Imo Aba and some others hot burnt too

Agbalowomeri:
You suppose don share garri reach this side o with your loot

Lol I never lootvyet. Na still paper profit for now. We go book at 1k lol

Sunrisepebble:
Total Energies Full bid

Wow this is lovely. It has also recorded an official price increase. Now 563. We move...

That una analysis on Transcorp the other day, e dey work. Oando is now 12 and moving.

megawealth01:
That's SEPLAT sha... Imagine wetin I buy 500+ ooooo

Hope say you buy plenty. I hear something like bonus shares but I no know the time.

Seplat. Even though na 10% movement we need, but we take this small 122 appreciatiin in good faith.

As seplat dey go up, I know say oando people go just dey up their target price.

Streetinvestor2:
They no try for 50kobo dividend after 3x of revenue compared to last Yr from the link.why they no pay us #1.

They are yet to state the amount to be paid. 50kobo was for lasst year.

megawealth01:
Which of the transcorps?

The main the main transcorp. I still dey wait my own.

Trojan8:
Any ideas about what is driving TOTAL?

Result so far, and dividend history.

emmanuelewumi:
What is Transcorp equity? What is the outstanding shares?

The OS is the main challenge. Once reconstruction is done, the true value will be seen.

megawealth01:
We plenty oooooo... I'm equally waiting to do top up at 30 or sub

But there is a new player in the cemet industry (Mangal) and dangcement is increasing its capacity.
That industry go hard small