₦airaland Forum

godlyguy:
I thought oando and seplat are in the same league of play or has anything changed?

Those deceiving the unsuspecting should continue but just know that oando will be taken seriously serious when they get on their toes and stop relying on the goodwill of politicians. They should come out CLEAN this time around that's if they mean business. Media noise alone won't do the job. Improve on the books

Habaa oga. Don't you have a little bit of moral, shame or humility? The same Oando you have been warning people not to buy since it was N25 moved in price to N90 in less than 2 months and humbled you and your warning. Yet you still have the justification to still be talking about it, instead of you to keep quiet and enter into your shell quietly. Haba, please respect yourself and concern yourself with other important things that will better your life. Is it because of Oando that you came to NSEMPA? Do you know that some people here may have missed out of the Oando largesse due to your persisted grievance against Oando? Traders, including myself here made massive gain from Oando and will still enter Oando if I still see the price as being undervalued when they release their result towards the end of this month.

Once again, Kudos to people like @Bagwa, prophet Utuocha, Ymcy, onlygentleguy, mikeapollo, megawealth and others who sticked to their perceived vision and journey of Oando and by now everyone has, and is still reaping massively from the Oando capital appreciation.

DeRuggedProf:
...MGHOPJLHHTOTIOB

My one and only Prof. JAPAUL in your sight this morning!!!

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

My good customer has changed for the better , I love this new you, please stick to the bolded on this platform. You may not know it, but this forum comprised of honourable men that loves peace of mind. Most people here are in their mid-fifties including me, and so does not deserve all this sheep, goat and derogatory statement, let us respect each other and live as one entity, united together in wealth.

Wishing you Good luck in all your endeavours.

lol at the way you have all made yMcy to develop thick skin in this forum. You all should be gender sensitive and remember that she is a female member and take it easy on her please.

I want to specially appreciate all OandO faithfuls. I duff my hart for @Bagwa, @prophet Utuocha, @yMcy56, @Mikeapollo, @Megawealth, @onlygentleguy, @Princkez, @Pesuzok, @Nigerialabalaba, et al. You are all appreciated and may the good Lord continually shine the light of his countenance on you and your entire household.

Special shout out to all others who didn't believe in the Oando's upward journey as well. You are all great. We are all good brothers and sisters. I know some of us are trying to watch each others back. Kudos to all. I exited Oando this morning with massive gain. I wish all others that are still in the bus a smooth sailing. Good luck to you all.

megawealth01:
You see real MATURITY is learning to ignore in a faceless platform...

Thanks for the bolded though. Just atimes, "evil thrives when good people keep quiet".

By the way, where is our deruggedprof? I missed his poem a lot.

ositadima1:
This is funny. The people who make the loudest noise don't even have anything tangible in the stock; their only goal is to stifle other members' opinions in the thread. If you are such a fan of Oando, show us your investment so we can see. Streetinvestor wants to show you his bet (make una compare notes nah).

If you can't do that, then let's respect each other and others' opinions.

Even you Osita!!! When did you join the naysayers? I am not a little boy that will be showing my investment in a public forum because I want to prove myself to a nobody. Only empty barrel makes noise. FYI, I have been in the stock market for the past 22 years. Don't let my handle deceive you. I was out of the country for a while and forgot the details of the old handle, that is why I came up with this one just about 6 months ago.

Most of our resource persons here like Rabbi the oracle, wanajo, Ihedi (one love), Born2beRich, currentprice, Pa emma, Agba, Peterichy, onlygentleguy, jamace, Nosa, bullbearmarket, 9free, Locodemy (now Locotrader), Mcy, sellydion, chillykelly86, just to mention a few are all people to be with, not the person you are defending. He has been more of a nuis!ance here since he came to this thread and have fought more than 10 people after joining a year ago.

only one man disturbing this honourable forum with 2 handles. When O and O is doing well, he will come with one and start blabbing like a stacked illiterate that he is, and when they are not doing well, he will come with cast. Even, if you don't have reasonable work doing, why not go and sleep. Afterall, sleep is good for your health. I don't know the joy he derived from the going down of O and O, only sadist behaves that way.

Oando is a stock like any other stock on the NSE. There is bound to be profit taking and support at a particular point, which happened last week and someone is busy shouting cast, here and there... as if he just started stock investment yesterday

O and O casting the caster since 1800....

Omooloriredade:
@Crownprince2017

They said you should go and learn how to quote someone o

Yes, they are targeting a few cash crops too.

Palm Oil, Soyabean (Soya oil), Cassava and Maize.

"Ellah Lakes Plc. currently owns 2400 hectare Greenfield palm plantation in Edo State (on which planting has commenced and mill installation is to take place before end of Q1 2024), 5,000 hectares in Ondo State (to be used for planting of Cassava, Soybean and Maize), and approximately 3,700 hectares, located in Enugu State which is being developed for the cultivation of Soybean, and Rice. The company went into a public private partnership with the Enugu State government, taking over a strategically positioned business in the state. Three leading FMCG companies in Nigeria have already been signed up as off takers for our produce."

This one too na hope level o - #green shoot. Keen to read their next report.

Good to see your take on Ellah/Elijah Lakes This are the things we want to see on this forum, not the posts of the sadist/juvenile above. It is always the sweetest to get into a stock before the stock's upward journey begins. But then, it is worthy to note that Elijah lakes activities are always characterized with "WILL", yet no practical activity to suggest reality on ground. That is why someone classified them as AUDIO FARMERS. The most recent discussion we had on Elijah lakes on this forum was to the effect that someone promised to visit their farms physically to assess their work and feed us back, which we are still waiting for. We are missing some people like Sir wanajo, he would have given us the inside and off the street analysis on Elijah lakes.

netotse:
Good morning house, for users for morgan capital, can you still request a withdrawal on their platform or is there a different process?

Yes to the bolded. It is the easiest way to make withdrawal

all of you that are replying @undead are as guilty as the moniker. It is 'streetinvestor' moniker, created to dillute/flood this honourable forum with non.sens.

emmanuelewumi:
It came out of the wood in 2023 yet financial position deteriorated the more in 2023 compared to 2022.

Warren Buffett said you can't get out a hole by digging deeper.

A business can't get out of a financial crisis by getting deeper into debt.


That is why businesses are recapitalized.

There are opportunities in the sector but can't be effectively harnessed in the current precarious financial condition of the business or else they will be working for the banks

Add the PAT of the business to provisions for depreciation and amortization, subtract capital expenses and the decrease in working capital from about negative N800 billion to negative N1. 5 Trillion. You will realize that owners earning is negative

lol at the bolded. That is why you are a model on this forum. Your views and criticisms are worthy of note to discerning investors. But to a trader, it may not matter because an average trader would have made millions from Oando and run away with the loot before the reality of your analysis come to past.

You are so good in what you are doing and I wish we have more of you on this forum.

@all. Let's talk about the merger arrangement between the Dangote children: DS/NASCON/DF. I have some reservations about it. Will the previous scheme of merger/allotment still hold taking into consideration that the financials of all the companies involved has changed drastically compared with that of last year when the deal was consumated? Or will they start a new merger talk based on the current financials at the appropriate time?

emmanuelewumi:
The problem is with the recapitalization that can turn 1 million shares to 100k shares.

In order to avoid this shareholders will need to pump in more money, do you think shareholders who have not earned dividends in 8 years will be willing to do that?

That is why insiders and their friends in politics will pump in the required capital injection which will dilute the holdings of the retail investors

Remember that Wale and Boyo owns about 60% of Oando shares. Therefore, any decision taken about all shareholders will also affect their holdings too. Will they allow their shares to shrink alongside other minority shareholders?

What I personally thought was that Oando will release good results over the next one year that will return the company to profitable ways, vis-a-vis positive equity. Thereafter they will then go for right issues which will be allocated to family and friends at more than N100 per share, while the proceeds will be used to pay the debt owed by the company to AFREXIM et al.

yMcy56:
Why won't he take break?
He should stay so they can be pouring insult on him?
Some people are just so immature and aren't ready for what investment is all about.
See some crying over pullback in OANDO, maybe they forgot that quite some people picked it much lower......and possibly waiting to top up or re-enter after selling with profit.
Kids everywhere you go on Nsempa, not even about years of investing for some.

Yet to read their hate posts on RT that's been firing on since below N1....@1.83 today.....the day that one decides to take a break, you'll see them crying upandan the thread.

No mind them. I don't know what is so special in Oando going down or being on offer, after all, it was on bid for weeks too. Meanwhile, be on the look out for anyday or time the offer start to dry, there is money to be made there if one is lucky to pick before the offer dry up.

yak:
Is it a good time to enter or it's already late?

Only If you can get it at less than N2. Then you will have to be the patience type. In the next 6 months, I believe the result of their right issue of N20b may start to reflect on their financial statement. I see Japaul share price making a capital appreciation of 80% over the next one year. Think Japaul, think Multiverse!

cocolacec:
morgan itrade is not working on my laptop.Is this a general problem?

working perfectly. log out and log in again

Streetinvestor2:
Yes I am full of myself. Your cursed opinion has nothing to do with m neither am i interested in it..when the forum becomes your family property is when you can tell your family members to keep quiet or not The people I have here as my ogas will never make investment decisions without DD like clown of your type.And they are not expecting praise singing in any stock before they make profit in that stock.This is why they decid to buy,hold or sell after DD.And my personal opinion does not change anything. Like one of my oga said here,he doesn't care what you think when he accumulated gtbank. Next reply won't come out this polite if you don't ignore my post too.I don't even care if you exist in this thread.You only have the right to call me out if I am posting something not related to stocks

Stop consoling and deceiving yourself with words that never sink deep into your mind. Do you even have friend in real life? I wonder what type of friend will go along with an uncultured/uncouth mouth like you coupled with an unbridled tongue!!!. Again, ask yourself if the way you are behaving is the way @currentprice, emma, agbalowomeri, ositadima et al are behaving that makes people to be comfortable with them.

I have tried to mold your person in my own little way, the rest is left for you. If you like don't adapt, your headache. I have other reasonable thing to do and I am through with you.

Streetinvestor2:
It is even beginning to annoy me because of this oando matter. So because I am in a stock I should always be posting positive things about it .Did I tell you I am here to market stocks for any company. I have big investment in IB and i am still posting negative things here about it with millions of naira paper loss. If you don't like my post pls jump and pass or you won't like my reply. I didn't borrow from you to invest oh.If you making profits in any stock is by others singing praises of the stock then you don't know what you are doing.
Have you seen me attacking anyone here for negative comments on IB infact na me dey even attack ogg for posting positive things on IB because they don't add up to me.

I have never seen you shout "IB don cast" endlessly the way you shouted "Oando don cast" today. On the bolded, I wish to tell you that this forum has been enjoying relative peace since the likes of you came and I believe many here still value their peace more than anything else. How can someone read your posts and swallow it and move on without replying, that will be unreasonable. What I am telling you is not only applicable on this forum but in public. Your behaviour reminds me of former Governor Ajimobi, who only value himself and his reasoning alone more than anybody else, at last he was humbled by the masses despite all the good he did in Oyo State.

Sincerely speaking, you are part of the resource person on this platform, but you spoil it with your personal relationship with others. Nobody expect you to be one sided in your post because this forum strives on positive criticism. But say your mind and leave it there, not repeatedly shouting and justifying your position on what many perceived wrongly.

Streetinvestor2:
Lol.i don't have to tell anybody if I have sold my oando or not when I no borrow money from the person buy.You have been posting about gtbank since you sold and I have not seen it crash. If anyone wants to make investment decisions like the way sheep behaves...follow follow..It is his business. It won't stop me from posting my opinion. You dont llike it you go consult financial adviser.To buy hold or sell is not my business and adds no value to my investment.
I will still post tomorrow and DD will not be advised

Why hasn't anyone convinced you to buy since you started relaxing with your gari..lol.

You are so full of yourself that you don't value other peoples' opinion. Are you feeding anybody here or has anybody beg you for money or food here? Even Dangote, Elumelu, Otedola don't talk loosely the way you talks. You seriously need to check your attitude very well. When many talks and complain about you, try and check yourself to know if what you are doing is acceptable.

Nobody is annoyed that you sold, after all it is your money and your decision, you don't owe anybody one kobo. But the grudge many have against you is the way you are shouting and talking down on Oando. If I am not mistaken, you type "Oando don cast" more than 6 times. Even if you don't have anything reasonable doing, why not keep quiet. After all, SILENCE IS GOLDEN. Being quiet will not take anything away from your personality. Mind you, It is some peoples' investment that you are talking down and it is like adding salt to injury on their investment that is presently not giving them the desired turn over. Mind you, some went into Oando at N40+.

Again, ask yourself if the way you are behaving is the same way Pa emma and other people you respect here behaves.

vacanci:
To the Dangote faithfuls.

here is all you need to hear from the horses mouth. Everything about his companies and the vision ahead.

he mentioned and talked about his Rice business at several intervals here. You need to watch to the end.

This man is just a genius


https://www.youtube.com/watch?v=qCvwVqaaKfQ?si=YzHdP36uYWNAm9ja

Thanks for this clip

lancee:
i beg anybody in touch with Morgan , they no reply mail and not picking up
ymcy56

If it is about withdrawal of fund, the quickest way is to use the withdrawal request on the morgan i-trade platform

cocolacec:
Should I sell my Japaul today or wait for more days for price increase?

lol. If you don't have immediate needs of money, you can leave it for the next 4 months, by then you stand the chance of selling at over 60% higher than the current market price.

With this information by bagwa on japaul, the stock may close on bid today

Princkez:
I believe its time will come as they have not started harvesting their products....when they start reporting revenue then we go know. Im planning to visit some of their farms to see what is on ground...

Thanks. We shall be waiting on you for a brief on your report.

Bagwa:
Japaul

Thank you Bagwa

Agbalowomeri:
Una don abandon banks

Your post always make me laugh You better go and stock up more garri

onegentleguy:
It should also pay handsomely to be in CaVeRtOn.

Thanks for your insight. I just went through caverton Q2 and saw an impressive EPS of 111k which is largely due to net (foreign) exchange difference. Do you think this will be sustainable going forward?

Agbalowomeri:
Person dey return home, you wan stop am for road? No place like home biko😂

Agbaaaa, take your time o

Ginalex:
These ones can never change. Thank goodness I'm not in this ship

The most consistent company in NGX reporting losses back to back

KarlTom:
Just seeing this...

https://www.vanguardngr.com/2021/07/breaking-sec-settles-lingering-dispute-with-oando-plc/

This news is stale and capable of misleading some people here into buying the stock hurriedly. I will advise you correct or delete it please

Where is customstreet? Hope all is well sha. I missed you o.