₦airaland Forum

OBAGADAFFI:
https://nairametrics.com/2019/06/03/shareholders-explains-why-secs-move-on-oando-is-backed-up-by-cama/


Even shareholders supports this action by sec.

Who is shareholders. Don't mind those reporters with their yeye stories. No shareholder meeting was held, no way to gauge their opinion.

locodemy:
My brother if they come out for right issue in this cold war,will you buy?

Na them go buy oh. Volpi and mangal, na them

PETERiCHY:
Before bidding OANDO for @66kobo bear in mind SHARE RECONSTRUCTION of 10 for 1 is in the pipeline that will reduce the OS to 1.2 billion.

BARGAIN HUNTERS TAKE!

Rights issue will come first to bring OS to 24bili. My broda, e be like say you dey this bus

Tolktob:
Oando office sealed off by security forces

by Boason Omofaye

the game just started. We go load this one at .66

So na de same united securities be mtn registrars. Na wa oh. Double wahala for dead body.

phemmie06:
Oando has denied all the circular responding to SEC

The same person that signed the first circular published on NSE corporate disclosure site, also signed this denial/disclaimer. Who are they playing

stcool:
Don't mind them... Since it's Wale he wants to come and ask for fair hearing. Both Wale, the board and the Auditors to Oando should all be thrown into jail.

Lol. Its the requirement of law. Just give him a hearing even if you know he is guilty. Remember the CJN who was recently removed, NJC gave him an opportunity to defend himself, even though evidence against him was overwhelming.

Godlylifeoneart:
https://www.thisdaylive.com/index.php/2019/06/02/in-a-fallout-of-secs-action-volpi-moves-to-take-over-oando/amp/

Hmm. E be like say oando go sweet to enter. But at the right price. Make them finish their fight first.

I have seen Oando's reply and I think they have a point and will win in any court that is fair. You cannot make pronouncements on an issue that affects a person's right without first giving the person an opportunity to be heard. Its a basic principle of fair hearing ie called Audi alterum partem. Its a fundamental principle of law. This matter no go end today.

I just hope she's not been settled

AmarachiNnoli:
No youth. But recycled old politicians. Imo is being destroyed finally. Ndo nu.

Youth as in Bello of kogi abi? Thank you

Northeastern:
Zero market exposure, Mpeace told me to be vigilant then, and I no dull. Next entry period is October November for FY result expectation rally.

I think you mean Mendes. I have not been out of the market since 2014 and do not remember asking anyone to leave the market.
I was into oando in recent past, but left to join access(which is beginning to scare me) after I saw access q1 result and Wale's announcement of rights issue before august.

Princkez:
Next should be chairman of FBNH,Oba Otudeko

Former chairman. Fbnh current chairman is Mrs. Awosika. They have had a totally new management team for a long time now.

stcool:
That is why I keep asking is there no way to get back all those Oga's and form a kind of Share holders forum that would correct this wrongs... That SMN was the best critics NSE will ever get.

The corruption still happens, it's in AIICO, TRANSCORP is gradually growing, FO, MTN, to name a few!

Hope Access no folo

Northeastern:
There is no suspension that is going to last two years. I don't know if the fortunes of the company will change, but I know that the share price will not suffer, any negative reaction will be fleeting.

The exit of Wale will pave the way for the Volpi and Mangal to take charge. Even though Volpi's interest is indirect, the initial plan was to take over the company before that small girl ruined herself thinking she was doing Gwarzo. I am not sure what the free float is but I guess it is around 30%, that would not pose a challenge when it is time to increase their stake from the market.

I see NSE delisting Oando, not suspension. If you go back to SEC preliminary investigation report which preceded the forensic audit, you would notice the recommended sanctuary for all the infractions was delisting.
Note that SEC's publication says it would make recommendations to NSE.

The best thing for oando shareholders not is outright sale. ie acquisition.

stcool:
I would love to but again you know the Tinubu Wale and Co never gives up!

Until after the EGM and new board constituted... I will wait and watch. The stock may go on bid for some days! The Normally NSE and brokers chopping

Go on which bid. The stock is headed for japaul positions.

stcool:
Is Lafarge Africa not suppose to file their FY and Q1 '19 results today as they stated;

https://www.proshareng.com/news/Stock---Analyst-Updates/WAPCO-Announces-Delay-in-Filing-of-the-C/45058

They said July.

locodemy:
Following your statement,you r in a long thing.
You people don't listen to simple instructions.

United securities has their own pattern.Just do it and be free.

United securities is just a horrible registrar. All these huddles are deliberate attempts at frustrating shareholders in a bid to ensure the continuos increase in unclaimed dividends. I want to believe that one way or the other, they benefit from these things.

Yayira:
Mpeace I don collect my money jare

Congratulations. Chai, na only me remain oh.

Mcy56:
I listened to some analysis of the [b]presidential inauguration speech xtyday [/b]and I cant but conclude that we're our own problem.
Part of the aftermath could be what we're seeing on NSE today. I pray these selfish leaders wouldn't use political party issues and sentiments to finish this country.

The man no talk anything yesterday. He just take him oath come waka.

Uniondac, 43million units traded today. Is my friend offloading?

Serious manipulations on access. Let no one be deceived by the huge 50million bid at the bottom. Someone is actually offloading

aremso:
they did the pumping on Tuesday and they start the dumping today

who telt you dat. You are does not looks at the proper board.

lancee:
UBA going solo

They ought to. Their interim dividend yield in percentage should be more than mtn's full year dividend yield.

Access Bank Plc - Early Redemption of USD400 Million Subordinated Unsecured Notes

Mcy56:
You're definitely right. There's more to the deal than we know cos Olam is not stoop.id and they've been around for long.

Access to the ports.

stcool:
One Oga analysed this before with the current Q1 and arrived at N25 ....search

25 is not bad at all. That is more than 50% return. But we need to be sure its 25. The calculations are becoming too much and confusing.

Yayira:
The name of the registrar slf go weak you to buy EDC Registrar.. I’ve not heard of them before.. let me check again

The thing is to buy now and do the e-mandate before the deal goes through. Because once the deal is done, them go start do guy

Yayira:
Trust me, anyone that is buying, is buying to sell to olam!!

Olam, the new maga in town.
Shake my head for oyibo pple

Yayira:
@tritritri just eyeing the stock oo.. hope I no dey eye kaya
As for DF my problem is collecting the money after the deal is done.. that na sure % but I no get straight to drag money from afar

Abeg who be DF registrars? Hope no be those yeye united pple. Me sex want join with my tbills money. Tbills done fall too much, Df go give better returns of more than 30%

Mcy56:
Oga Mendes we no talk full offer before o, me and you know say it can't be on full offer for now na. Reverse na reverse o.
Chai! I love the percentage gains by the stocks that matters today. When last have some of them gain 3% talkless of 9 or 10%?
ETI 10%, UBA 9.65%, Access 9.48%, UACN 9.45%, Zenith 9.11%, etc.
The bull will likely extend beyond today.

Access sweet me bad. As I just dey prepare to start mh for the stock, e start to move. Mh postponed.

Mcy56:
Wetin Una dey uninstall?

Na that our small chemist (uniondac)lol. Auto correct wicked oh.

PETERiCHY:
You forget to add FLOURMILL @ N13:50k and HONEYWELL @#1:07K

And our darling uninstall at .24.