Ositadima1's Posts
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yMcy56:I said it, like 2022. ![]() |
yMcy56:That is not a sister right there; that is a big, hairy man. XY chromosomes. |
megawealth01:You spend too much time on this thread. That's why. Is it healthy? I don't know. |
megawealth01:https://www.nigerianstat.gov.ng/ |
ojesymsym:I like her very much, more than you can imagine. I like all children of God, especially those who are going astray. I have a big, soft heart like that. |
yMcy56:How am I tarnishing Oando's image by telling the truth? I merely pointed out that Oando's ownership in the Okpai power generation plant is not 100% but 40%, contrary to the false information you were disseminating. If Oando should take issue with anyone, it should be with those of you who produce false statements without conducting proper background checks. Dey play... |
stcool:People dat entered at 81 got injured I swear, even if the DS come do pass that 80 next year they go don miss opportunities like Oando as they go dey wait make the thing set again. I no hate any stock, but better to enter early when ur mates dey enter, no sense in encouraging people to enter stock way don do x8. Make dey no take because emotions and selfishness put others for injury. ![]() |
stcool:Reasoning and comprehension don dey go, emotions don take over, lol. |
yMcy56:No be una wey dey inside him dey tell, make una emotions no clog una reason o, so if person enter now the thing come do kpeke kpeke, you go stand strong say na u support am, or u go disappear as u do before for 2022. ![]() |
yMcy56:Shebi u talk your own, they did not argue or throw tantrums, somebody talk him own you come they para on top. |
Pesuzok:I'm not sure what you mean here. I wasn't aware that Oando had a 20% stake in a power plant (which didn’t significantly impact their revenue). Now, with their stake increased to 40%, let’s hope it makes a difference. As for other facilities like the OBOB gas plant, they're not commercial for obvious reasons. |
mikeapollo:https://www.power-technology.com/data-insights/power-plant-profile-okpai-power-plant-nigeria/?cf-view |
KarlTom:Ok, u dey right. But Oando share there is 40% not 100%. Except u won carry my share and your share dash Oando. ![]() |
brotherly:I don't assist my opposition, but on a serious note, the ownership ratio of the Kwale-Okpai power plant under the NNPC/NAOC/ConocoPhillips (acquired by Oando) stands at 60/20/20. It’s up to you to conduct your research. ![]() |
Raider76:The Okpai Power Plant, officially known as the Okpai Independent Power Plant (IPP), is one of Nigeria's key power generation facilities. It is located in Okpai, Ndokwa East Local Government Area of Delta State, Nigeria. Here’s a detailed overview of the plant: Background and Ownership: The Okpai Power Plant was a joint venture between the Nigerian National Petroleum Corporation (NNPC) and Nigeria Agip Oil Company (NAOC), which is a subsidiary of the Italian energy giant Eni. Commissioning: The plant was initially commissioned in 2005 and marked as one of the significant milestones in Nigeria's efforts to boost electricity generation. Technical SpecificationsType: Combined Cycle Gas Turbine (CCGT) Power Plant. Capacity: The plant has a generating capacity of approximately 480 megawatts (MW) from its original setup. There was an expansion (Okpai Phase 2) that added an additional 500 MW capacity, bringing the total capacity to nearly 1000 MW. Fuel Source: The plant is gas-fired, utilizing natural gas extracted from the Okpai field and other nearby gas fields. Copied. |
I am the equalizer of the Oando positive sentiments. It's a tough job, but it has to be done. ![]() |
brotherly:With this acquisition, Oando's interest in the Kwale-Okpai power plants (Phases 1 & 2) has increased to 40%. These plants have a combined nameplate capacity of 960 MW, but only 384 MW of this capacity is attributable to Oando based on their 40% stake. |
ositadima1:The Dangote Refinery in Nigeria has an installed power generation capacity of 435 megawatts (MW). |
There's no need for emotional outbursts. I'm just contributing my own opinion, since Oando covers more than 70% of every page here. Unless you don't want me to comment again. |
debeey87:How much of it is utilized by operations? Here, I mean the surrounding oil processing plants owned by the company. |
Raider76:I don't know if it's a liability, but I have seen so many people talking about the revenue that will come from power generation alone, throwing numbers around. They should first check if this generation capacity was generating revenue as an independent entity or if it was just a component of operations. ![]() |
My conclusion is to take the power generating plants out of the equation, as they are not for commercial purposes like those of Geregu and Transcorp. Don't take my word for it; verify and verify again. |
Streetinvestor2:This is a very interesting point. It does not seem like their power plants are linked to the national grid, based on my experience while I was at Ebocha. The surrounding community was using free electricity; nobody paid a dime. The power supply was steady. Also, the gas plant in Omoku was used to power the Ebocha Oil Center operations. As far as I know, these power generating plants are not commercial but used to run the in-house operations and neighboring communities. If Oando decides to commercialize this power, then it will be a big issue between them and the surrounding communities. |
All this is dynamic o, both intrinsic and consensus value is updated based on new information. |
Laso09:I like your point of view. Let me chime in with my own understanding. Let's take a loaf of bread as an example: the value placed on a loaf of bread varies depending on who the individual is and where they're coming from. A very hungry person may value it highly since they need to quench their hunger quickly, while someone who is not as hungry may not value it as much. Similarly, some people may see it as large when they compare it with what they've seen elsewhere, while others may have a different opinion. Sometimes, many people may have similar views and push the value very high or very low. But, the FA person tries to quantify the value based on the properties of the loaf of bread itself. They may try to measure the caloric content and assign a number based on that, hence the idea of intrinsic value. I believe intrinsic value should be a range because there are many ways an item can be valued, and they may all give different valuations. Again, FA practitioners came up with the idea of margin of safety to address this variability. So, there is the intrinsic value and the consensus value. I think this is what makes FA in a nutshell. |
SonofElElyonRet:Danjuma |
That was in 2015, Ebocha Oil Center. |
KarlTom:Imagine you’re on your way to work and see thick smoke in the distance. As you approach your worksite, you discover it’s on fire—a large storage tank burning due to poor safety practices. Agip is the worst when it comes to safety, and I’ve heard it got bad after Nigerians took over most of the top positions.
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KarlTom:When it comes to work ethics and conditions, Agip is the worst of them all. I once worked at the Ebocha Oil Center, one of their storage, preprocessing, and distribution fields, and I know what I witnessed there. Oando has been collaborating with Agip for quite some time—I remember seeing them during my time there. Most of the operations were already being run by Nigerians. I believe they had a few Italians at their gas plant in Omoku. But do you really think the issues of insecurity, volatility, and asset theft will disappear once Oando fully takes charge? |
Willie2015:$19b is minor. |
KarlTom:I downloaded it and reviewed it that day, but I didn’t see where the revenue from Nigerian operations was stated. Ok, aside from that, you might be thinking their focus on green energy explains the sale, but it still doesn’t justify selling so cheaply if it’s worth more. Hopefully, Oando and Tinubu will manage it better than the Italians, but that remains to be seen. |
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