₦airaland Forum

KarlTom:
@ositadima1

Let me drop my 2cents.

Generally speaking, the oil business is a massive gamble. Here's what I mean: the current figures used are all estimates.
Secondly, any company with license in the E&P has sufficient resources to serve as collateral for loans. (Even Nigeria used oil to secure loans).
The profitability index of each sector is what each company needs to look into.

I don't think funding will be an issue IF OandO wants to secure either WR or PHR (though I feel they will rather build a smaller capacity refinery from scratch because of the moribund nature of those refineries).

Aside loans, they can raise funds through an IPO or RI which I believe will be OVERSUBSCRIBED...

megawealth01:
You wan calculate ba?

Oya do the calculations of $1/unit and see the magic

perfectgen:
At the time of the Agip acquisition, they didnt have the luxury of high share price and demand like this. They would have had to release higher number of units of the shares to raise the funds; it is technically cheaper then to get a loan from a bank than today that the share price is moving closer to #100 and adding that asset to the company's holding will make it more formidable.

I hope that they don't buy any of the refineries; I feel Tony Elumelu Heirs Oil will do better than them in the refineries, but if they choose to acquire it, funding won't be as much of a problem to them as you imagined.

perfectgen:
What if they use this high share price rally to raise funds through a preferential offer to acquire and revamp the refinery, do you think that they won't still be able to achieve the purported objectives?

Willie2015:
When u are the President nephew ?
Anything is possible....

Willie2015:
Are you sure of this
With the above news today
Got to increase my Oando units 2day..
Oando will likely pick one of the refineries..


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

Alagbalaowo:
Just when I thought I would be getting some offers tomorrow

You go sell abi you no go sell?

Streetinvestor2:
So what did you use to arrive at the fair value since what fundamentals or sentiments says is not necessary. Did you consult an oracle

megawealth01:
E be like all the sugar/salt gang dey our trending lawyer/govt stock if not eh... Na vawulence you for chop

KarlTom:
This option is serious...

ositadima1:
In my opinion, people buying NB are basing their hopes on a company they once knew, not the current reality on the ground. NB will sell for 15 naira or below when things become clearer (negative equity already). It's a very risky stock; I would stay clear of that one.

KarlTom:
IMO
The bolded is a possibility only IF USD sells for ₦2500+ (which is not looking likely) ...

NB, Nestle, MTN are in same WhatsApp group.

MARKETJJC:
I don't think there is any manipulation. Three things will explain this from the little I have learned in this market: (1) cross deal; (2) none of those on the top queue came from the same stock broker as the seller or sellers, no matter your position, a seller will first sell to the in house buyer on the queue no matter his position before selling to another buy on the queue too, (3 )That number one you are seeing there is not actually the number person, the real number buyer may have had his quantities partially filled and he is then move away from the front to the bottom for the next person to be number one, but the original number one person must finish his quantities before that present number one will get his. So it is possible for you to be number 1 at a particular point in time but another person before you will be receiving first.

I hope this haphazard explanation clears you.

MARKETJJC:
No sir but I will do 100% before I go leave that stock, looking at the market we still dey go up and we will cross 1 and go above .

I had made like 40% as at this morning, then sold half of my holding just before/at panic then bought more units. Sold at 0.86, bought back at 0.74, more money, more units.

We go dey go up and be doing jangulova with it. Price increases more money, it decreases still more money.

Those guys up there, if they are serious, let them come down and sell to us on the line

Streetinvestor2:
Like I said C and I leasing is a good company. That does not mean you should not know the value to place on the stock price for now.Dont go and fall mugu to traders and come back here and start crying. Just know that some want to push it to a particular percentage high so that they can dump and leave you with your kaya.It does not mean the stock is a bad stock. Go in with good margin of safety

Always try and filter the noise..lol

Locotrader:
If there is any stock wey don cast,na UCAP.
This investment has become a long term.
18B shares no be moi moi if #1 dividend has to continue.
Profit after will cast
EPS will cast
Share price will also cast
Dividend will cast join.

I need education in UCAP.On a serious note

Locotrader:
For those of us here looking for what to buy today,C&I leasing is not for everyone today and possibly this week sha.

This Abbey Mortgage is never for everyone.It is highly illiquid but a good stock to hold.You need a good lecture on how to acquire illiquid stocks.

Start buying CHAMS from this morning.Dont miss it.I repeat,DONT MISS IT.

Stop envying those in Oando.They deserve the reward.Not everyone can gamble oando.Let them eat the fruit of their labour.It is a #200 and above stock.Unless Tinubu is not our president again.

May you be blessed today.

Back to my cave for observations.

yMcy56:
Actually, in my evening school , we were taught that "he" can be used to refer to both genders in certain circumstances......
It's all these gender advocates that are trying to make it specific to all situations....
After-all, what a man can do, a woman can also do it better...

yMcy56:
The UBA single 5m+ bidder @22.50 looks suspicious....
He placed that bid Nd was crossed to him towards closing....

Good and favourable sentiments in Market today with lots of stocks closing @+10%..

Streetinvestor2:
My broker just called me.He told me is Warren Buffett that is buying

I didn't want to say it till market close for the day

ojesymsym:
How exactly do we do this? At that age na only play and cartoon de their head na.

I would really love to know a practical method that works, particularly in situations where madam non also de interested, (Sorry talking from the perspective of the man)

Agbalowomeri:
That's the problem with parents. You people start late and you want your kids to suddenly take up habits that are alien to them. Start financial education as early as 7-10

ositadima1:
Okomuoil is still a buy. To target 425 for a sharp 30% gain. My calculated price range is 289 to 563, based on 22 dividend (14 + 8, I think)

My palliative to you reader .

I told a girl, "Look, if you seriously need that 25k for your cream, just do as I say. Take this 20 and invest it; it's all I have". Did I try?

Locotrader:
Great reward awaits you for this revelation.
It will not pass you by if you really want
Make sure you hold some of it.
Have a picture of what happened in Multiverse.

If you no have oando,comfort yourself here with a 100 to 500% returns in a short time.

Enjoy

BullBearMkt:
..."when money matters, I don't joke around". Time has a way of proving me R/W. I'll leave it at that.

MARKETJJC:
Truly, I have not added anything because I have got no other job since I finished NYSC. Once I discovered here then NSE, I traded everyday with my phone. So trading is my job and I pay myself #150k every month as my job.

Senior, I won't say that I am good but I have been lucky and I know that for sure this luck will not last forever, so I am maximizing right now that I am still lucky.

Streetinvestor2:
You have turned 300k to 19m in two yrs without additional fund.You are highly good in this business

ositadima1:
I have kept one moniker since February 2010. I don't need multiple accounts. I know a lot of people here who have multiple accounts, including OGG. I don't play like that.

MARKETJJC:
and you now want to stifle other members via portfolio size harassment and intimidation?

Abeg, is it size in Oando or in another stock/stocks that you people want to do challenge in?

ojesymsym:
Osita, u sure say non be your alter ego be this?

Streetinvestor2:
Today is a great day for me and fmly.

On another news.one guy has finished molding his father.It is time for him to mold this thread by doing the needful. I was expecting him to report the clown handle to mod but NO.Instead he has issues with the caster who is not on the same level. This envy is too long to continue to harbour. I remember when it started many months back.
Oga if truely you believe in oando and invested what it takes and not noise. I went into onado as a bet and said I will only put what I can afford to lose.And you went in as investment with what you feel is good investment .All this cry is becoming too much.Pls do us a favour and post this your investment on my bet here and let me post mine.So that next time you want to commit suicide we know how to take your matter serious. And this goes to anyone who is crying too much for e don cast.Audio investors don dey too much..lol