₦airaland Forum

[quote author=Born2berich post=332745[b][/b]15]

True but i have a gut feeling oando is heading to its planned right offer of N22 at DEC before they re-adjusted it downwards to N16 becuase of the bearish market. For example, UBA came out with its right at N4 then re-adjusted it downwards to N3.5 due to the perceived negative sentiments in the market at that time but since then it has currently touched the N6 mark. Oando will want to attain a more positive price before releasing result. These are my 5kobo thoughts.

NB: This is not a buy or sell recommendation to anybody. BUY or SELL at your own discretion[/quote]Yes that dream can only be achieve on the euphoria of a successful hand over come May 29th but for now the pendulum will continue the to and fro swings.

Born2berich:
You forget that it has already broken the N20.50 barrier about a week plus.

It was just an intraday price but wasnt sustainable that's why it's going back for refuelling.

Their right was #16:50k and money bags are very good bargain hunters..If you know what I mean.

Born2berich:
I doubt if it touches N15 for now.

I was able to buy more oando at N17.40 . I hope i made the right move.

Bear in mind the support its trying to build is the one that will break the #20naira barrier and they will need some money bags so time will tell.

4dchairman:
The support is aound 17.00 to 17.50

What you are seeing now is home video the real support will build around #15.

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Processor01:
May the good lord make your portfolio and farmland green (I know say you be farmer too )

Happy birthday sister mercy, wishes you long life and properties.

http://www.pmnewsnigeria.com/2015/04/23/buhari-expect-changes-from-june-1/

PiB loading......................

Manonamission:
What's the implication of this, please?

http://www.vanguardngr.com/2015/03/oando-shareholders-to-get-more-value-for-investment/

OER successfully realized $234 million by resetting its crude oil hedge floor price from an average of $95.35 per barrel to $65.00 per barrel on 10,615 bbls/day for the next 18 months and another 1,553 bbls/day for a further 18 months until January 2019. The company will pay an additional $4 million from its cash reserves.
Hedge positions are investment decisions often taken by companies with the intention of offsetting potential losses/gains that may be incurred, especially during a global downturn.

4dchairman:
Hello,please any news that may lead to price movement of the following stocks- transcorp and oando.

Since this week Brent has been hovering between $63 and $64 and OANDO hedged @ $65

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manie:
Point of correction Bola Tinubu is Wale Tinubu's uncle, therefore Bola Tinubu's children are Wale Tinubu;s cousin.

Yes i meant to say Oga Wale is Bola Tinubu's nephew and in addition to that.

Mr.Wale Tunubu's late father Mr. Kafaru Tinubu was the founder of K.O Tinubu & Co which was the law firm where Fashola worked and was Head of Chambers before he became Bola Tinubu's Chief of Staff.

stokfrick:
Pls what is d difference b/w this tinubu and the one that owns oando?

Bola Tinubu and Wale Tinubu are cousins and owners of OANDO.
One is a CEO while the other is a godfather.

ucheson2:
I see Oando drop to N5. Ogd Wale how make

http://www..com/talk/?action=gallery;sa=view;id=61405

http://www.thecapital.ng/index.php/home/2127-diezani-s-main-man-tope-sonubi-lobbies-buhari-through-wale-tinubu

Oga Wale being the current right-hand man of GMB now wines and dines with the president elect,

So you can as well wait for OANDO @50kobo junction the choice is all yours.

PETERiCHY:
"This is the day the Lord has made, We shall rejoice and be glad in it "-Psalm:118vs24.

Now let's welcome the great grand father of BULL.

God bless the good people of Nigeria!
God bless OANDO faithfuls!!

*ThE OcToPuS*

http://www.proshareng.com/news/26527/Stocks-celebrate-democracy-records-historical-gain-Proshare
The equities market closed today on a positive note, as NSE ASI appreciated by +8.33 to close at 34,388.46 basis points, compared with the +2.13 appreciation recorded previously. Its Year-to-Date (YTD) returns currently stands at -0.78%

That's the great grand father of the BULLS i was talking about he visits the market once in a century.

*ThE OcToPuS*

PETERiCHY:
One thing most investors fail to understand is that over 95% of fund that is meant to exit the market has been pulled by last week. This week we should expect a sideway trading then after the election come and see the great grand father of BULL which last the rest of 2nd quarter then market correction will set in between 3rd and 4th quarter that's when a lot of pigs will get slaughtered.

*ThE OcToPuS*

"This is the day the Lord has made, We shall rejoice and be glad in it "-Psalm:118vs24.

Now let's welcome the great grand father of BULL.

God bless the good people of Nigeria!
God bless OANDO faithfuls!!

*ThE OcToPuS*

bigass:
i am surprised we dont have a free fall in the market.

One thing most investors fail to understand is that over 95% of fund that is meant to exit the market has been pulled by last week. This week we should expect a sideway trading then after the election come and see the great grand father of BULL which last the rest of 2nd quarter then market correction will set in between 3rd and 4th quarter that's when a lot of pigs will get slaughtered.

*ThE OcToPuS*

Agbalowomeri:
Afriprud and uba seen at 2.11
Transcorp at 1.88
Dangcem at 111
Fbnh at 5.56
Diamond at 2.5
Sky at 1.6
Fcmb at 1.6
Fidelity at 0.5
Dangsuga at 3.5
Ubcap at 1.11
Wapco at 30
Oando at 8.5

Is this not your benchmark? Now that God is about answering your prayer on Afriprud you want to revert.

Agbalowomeri:
If you studied the chart last year, u should be prepared for this. However, it will revert back to the mean. Best time to buy afriprud is now.

#Shorting

Why should we buy now that it has not reach your #2:11k recommendation, abi u don change benchmark?

Well my benchmark for Afriprud is N1:48k take it or leave it.

bigjay01:
I laugh in Swahilli!

been there, done that and got the T-shirt.

Reminds me of 2007/2008

Bloomberg - Emerging Stocks Head for Longest Slump in Five Months on China

http://www.bloomberg.com/news/articles/2015-03-11/emerging-stocks-head-for-longest-losing-streak-in-five-months

Bloomberg - U.S. Stocks Erase 2015 Gains http://www.bloomberg.com/news/articles/2015-03-10/gains-vanish-in-s-p-500-as-profit-picture-worsens-on-dollar-gain

pdozie:
So you advice we wait for the market to be bearish again before investing right?
Any thoughts on CCNN? Proshare recommends it for this week

Cheers

STOCK MARKET is all about opportunities. It can even take you up to 6months to sight and seal one good deal and you will be home and dry.

in essence your money mustn't always be in the market unless it is an idle fund.

We have 14 more working days before election so you don't need any rocket science to you what will happen.i rest my case.

Primetech:
FCMB, First and Skye which is better?

If you buy FCMB or SKYE above #2:00k you are on your own. as per FBN is already saturated.
Forget the market noise Smart traders are simply recouping their investment before the D day. Don't say you were not warned. .

Tinubu is a learner

bigass:
A friend just told me she lost 5.5 million. She invested 10 million last year in NSE now her portfolio is worth 4.5 million. Trade with care oooo

Has she sold? if the answer is no then tell her that she lost NOTHING, i repeat tell your friend that she lost NOTHING.

In stock market your don't count your chick before they hatch which inturn means "You don't gain or lose until you sell". Period!

yemi221:
John kerry is 71
John macain is 78
Joe Biden is 72

So what are you saying.

Those ones of course have their certificates. Can BUHARI provide his own certificate?

Hmmm Alaba bois

Hmmm Buhari this Buhari that. Well Buhari and his apologist should enjoy the castle that they are building in the air while it last bcoz after FAILBUHARI 14TH the reality will set in.

KanwuliaJara:
Who gives a QUARTER OF A PHOCK?

A dunce by any other name remains a DUNCE!

An abortion would have been better!

Does she really call 'this goodluck' of a nuisance A CHILD?



[img]http://gifs.gifbin.com/062010/

1277899575_crocodile-tears.gif[/img]

For the above comment that you made henceforth i declared GOODLUCK will surely depart from your life and as well unabated TEARS will start flowing from your eyes.

"Mark my words except I'm not called by GOD"