₦airaland Forum

I wish NESTLE and Mobile can fall this low.

Youngzedd:
Na stock fish?

Just dey watch the drama.

Oando effect is affecting most stocks on the NSE.

Sell sell sell everywhere .

Youngzedd:
Some Oando faithful will faint walahi.

They should have implemented stop-loss on their stocks.

And buy below 1 naira.

Elai147:
It will be good, to protect investors. They should have long suspended Oando for consistent delay in releasing their results.

Ye the NSE is considering that.

Oando can't attempt any Right issue on the Floor for now.

That company is a basket

Exclusive - NSE discusses @Oando_PLC sanctions for late delivery of full year results at 11:30WAT @cnbcafrica . Don't miss @EstherUgbodaga

veecovee:
thks, but any bid there?

zero bid, just like yesterday.


Oando might be suspended on NSE by SEC

Just rumors flying around.

veecovee:
pls someone in the house tell me the price, bid and offer of oando this morning.

God bless you.

Best Ask/Bid: 8.13 ( 319,000 ) / 0 ( 0 )

O and O will hit 6 naira before friday

Agbalowomeri:
Oando faithfuls; enter mountain on top Crude oil price

The problem with O and O is not the falling crude oil price, because most local oil marketing survive on local consumption aka Oil Subsidy

But-

. huge debt ($485M)

.Intelligible assets

.Administrative cost

.Unethical management

.Sleeping SEC/NSE

superstar1:
You are minding those bastards. Initially they said they 110%. Then they reduced it to 90%. Later they started banding 75%. Pre-election they scale it down to 60% and now it is 45%. When reality dawns on them, they will actually realise they are not up to 3%.

The last election really debunked all their fallacies

donTbone:
How about the customer base...couldn't that have been the prob? and giving a week for
sim reg z too small faa!

SIM-REG is not week, the process started 2 years ago.

donTbone:
How?
and if they did...how is it their fault?

They were not properly registering their subscribers, until they started having issues with their database.

Glo, Etisalat and Airtel also did sim- reg.

What's force behind Access bank.
That stock is defying gravity

Oando conference call come soon @4 pm

-0.44 (4.23%)- EARLY LOSS

Rayhut:
They can only go home when Nigeria divide. Kwankwaso have told you people to shut up, that anywhere you live in Nigeria is your home, Lagos is the home of Igbo people living it, currently occupying 45% and paying their tax for good of Lagos their home.

The same 45% that couldn't give make JIMI governor with all their noise.

donTbone:
Was it NCC that caused us to undergo those stress or MTN ?
Ion even wanna know! but seriously, MTN is disappointing us...why na?
Even with all the free calls cheats, you guys need some upgrade.

My opinion on this...why is it that its MTN alone that is fined?
Largest customer I guess!

But mind you, any amount whatsoever she is charged, the customers
will surely be the one to pay for it...
NCC, please, easy on MTN!!!

Its MTN that crated problem for their subscribers.

menix:
Pls answer this.
Can u hack a system by using Phishing as a method.

YES

scholes0:
Me I would personally suggest a probe into the Low Ogun state figures and the High Ebonyi and Enugu figures....
It is a well known fact that ogun state has a tonne of industries and activities going on.
Those figures were calculated under GEJ's regime you know....

You can't trust that government and their figures

That Ogun State figure really needs to be probed.

With Highest number of Industries, tertiary institutions and growing property market.

I suspect somebody in Amosun government is not declaring every revenue collected.

IlekeHD:
Exactly.

abuha is a capital now, still no buzz.

if you make Fashola FCT minister Abuja IGR will triple.

MrMbaM:
I dont think you can read well, where did i state that only the Indigent SW contributes the Lagos IGR? You guys are excluding Lagos from the SW and i asked if its in the SE? You should stop being mischievous cos I dont care about what the north or SE generates, its there problem.

They forgot that these Lagos IGR stated increasing during Fashola Regime.

ihedioramma:
this is why i dont want fp things who is this child angrrybull?

ihedioramma:
hello brother's and sister's in the LORD, Please some one take our room to fp and now there are many new names here they are trying to change our topic please dont reply there post we know our self's .

You don't need all these arrogance and discrimination.

The is faceless public forum .

Mpeace:
Pa Emma, what in your opinion could be the implication of the over $461mil (90billion naira) helios/vitol JV deal and why did they deliberately refuse to include it in the released results. WT remains unpredictable and unworthy of trust. In my opinion, this result was released to make some pple sell their holdings while WT and co mop them up before releasing the 3rd qrt result. I wouldn't advise anyone to sell, until the 3rd qrt result is out. Wt that I have come to kn would not just release such a bad result. It is either he wants to declare for bankruptcy (after laundering all the company's money) or he is planning some grand scheme. Only time will tell.

Forget all that results.

Oando will continue dribbling investors, until the NSE/SEC steps in.

Oando made good money in their downstream businesses, but they quickly embezzled the money and declared losses to investors.

ihedioramma:
for the last two years oando news was good any way but they need bad news to take off just look you may not get the stock below#10 nest week .

The stock might not suffer much depending on NSE market sentiment.

But these result Will give the management sleepless nights.

But I noticed that only the banking sector release good results, compared to other sectors.

ihedioramma:
never at all, in all the agm i attend i all ways ask and teach them some things that will be good for the company as i use to do here . in all the company i attend there agm follow shareholders e.t.c knows about me . about my english try smn .

Then you're very lucky.
I have attended several AGM @ MUSON and Civil center and it was shouting and arguments through out the meeting.


Just imagine how an Oando AGM will look like.

operating expense of about N225 billion

These people are scammers.

.@TunjiAndrews & @gboyegaolatunde Review OandO 'bloody' earnings: OANDO FY & HY ANALYSIS on youtube

manie:
we have brown envelope financial journalists and analysts in Nigeria. Those guys need oando's adverts, so dont expect them to rock the boat.

Naa, some of them are really disappointed.

Because they've been marketing Oando to the world as a stable coy.

Even SMN is boiling now

But I know the company Will recover big time.

Oando needs proper restructuring, and thats what FMN is currently doing.

That administrative costs just show that Oando lacks efficiency

@BBoason @TunjiAndrews @OlufemiAwoyemi @Oando_PLC @Dolarpo @j "Enough is Enough -The games are no longer acceptable for us" @OlufemiAwoyemi


@proshare IMO The entire board of @oando_plc should step down.

Agbalowomeri:
Bros u no see the 68billion from "other operating income"? That one no be surprse?

Just visit twitter and see how guy are raking.

They are demanding immediate change in Oando management

manie:
Shareholders are the owners, investors should not invest with sentiments but with facts and figures. I owned Oando shares for 20 years right from the days of Unipetrol, but had to sell my total holdings of over 200k units when the future of the company started becoming bleak.

The bolded was what my Big Bros told people when he was trying to woo investors For starcomms IPO, through his Issuing House.

Until Starcomm KPI started falling, and CDMA business started dying in Nigeria.

Today most people with starcomms stocks, are left hanging. While the Lebanese and Nigeria directors cleared the company treasury and disappeared.

Company owners get levels. If you understand my pigin.

First on cnbc africa - Oando CEO Wale Tinubu speaks on earnings surprise. Oando reports N35 billion loss

manie:
This is a stockmarket investment, you can always go the treasurt bill, real estate or mutual fund thread. Because Oando, Oceanic, Intercontinental, Daar communitation etc disappointed investors does not mean that the stockmarket is not a very good avenue for the informed and intelligent investors to build wealth for themselves and their progeny.

Cool down, no be fight oga.

Some of us have made good profit from Oando fluctuation in the last 5 months, the same Oando people are crying about .

Just telling people to stop attaching sentiments and emotions in investment, especially stocks.
Because the owners are emotionless businessmen.

Just make your money and look away.

ihedioramma:
You take like a child but is what you are now .as you dont have any thing to do with stock why are you here? look this way it is from some of that your money you put in t.bill and mutual they will use it and buy stock's from we shareholders and i have %in that your money at end

Lots of ITK people like you are the reason people loose money unnecessarily.

And we're did you get the fallacy that stock money goes into T.Bills, even some mutual funds from ARM and Stanbic are shielded from the Stock market.

I am not a novice to the Stock market bubbles, I have always been involved in stock market even when I am losing.

But I will never ever invest my emotions in any company I don't have the capacity to make decisions.


You probably never attended any AGM were you have to fight to question the Board of directors.