₦airaland Forum

Mpeace:
The one that would finally finish oando is when sec will say no result until the case is concluded.

I foresee 1M units of OANDO selling for 800k
BARGAIN HUNTERS BEWARN!

*ThE OcToPuS*

The National Broadcasting Commission has suspended the operating license of DAAR Communications PLC
Director General of the Commission Isa’aq Modibbo disclosed this at a briefing in Abuja.

The NBC boss says the decision was taken because of the company’s persistent violations of the NBC’s broadcasting Code, despite several warnings from the commission

He adds that this decision is not taken on any form of partisan consideration and the suspension stands until further notice

https://tvcnews.tv/nbc-suspends-daar-communications-license-of-operation/

Dokpesi is a CORPORATE THIEF that ought to rot in jail.

Mcy56:
People shouldn't be quick to forget that Oando was sold for 3naira around 2016 and it stayed within that range for quite some times.
Anyway Episode 2 loading......happy viewing.

Better sell your OANDO now because this time around it's heading to sub N1. 00

A stitch in time saves 9.

locodemy:
10 for 1 is too small,I'm looking at 20 for 1

First and foremost OANDO will get to 20kobo nominal value before the 10 for 1 SHARE RECONSTRUCTION will take place.

The manipulators Wale and coys are now thrown into the dustin of history.

Mpeace:
the game just started. We go load this one at .66

Before bidding OANDO for @66kobo bear in mind SHARE RECONSTRUCTION of 10 for 1 is in the pipeline that will reduce the OS to 1.2 billion.

BARGAIN HUNTERS TAKE!

The demystification of Bola Tinubu continues. On the last day in May 2019, the news broke out like a bombshell. The Securities and Exchange Commission, (SEC), announced that it had concluded its ‘investigation’ into the activities of Oando Plc and found its management culpable.

The SEC further announced that it was unilaterally ordering Oando’s Group Chief Executive Officer, Mr. Wale Tinubu, his deputy, Mr. Eyimofe Boyo and other identified board members, to resign and directed that an Extra-Ordinary General Meeting be convened to appoint new directors, on or before July 1, 2019.

Earth shattering! Ground breaking! A bombshell! Ordinarily, these terms are used as exaggerations. But on this occasion, they could even be said to be understatements.

But what is really happening here? As the late Afrobeat legend, Fela Kuti, sang in his song Overtake Don Overtake Overtake (ODOO), ‘people wey no know they happy, people wey know them dey look’. (Could that be where the late Bola Ige got the idea for his siddon look brand of politics?).

The truth is that on this issue, there is much more to what is happening than meets the eye. Much, much more.
You see, the Cabal are using Nasir El-Rufai to clip Bola Tinubu’s wings politically, and now they have moved on to the next stage of their 2023 long term strategy: clipping Bola Tinubu’s financial wings through the instrumentality of the Securities and Exchange Commission.

Many people do not know that the relationship between Bola Tinubu and his nephew, Wale Tinubu, the now erstwhile Chief Executive Officer of Oando, goes beyond just familial dealings. It runs much deeper. Much deeper than meets the apparent eye.

For instance, it is Wale Tinubu that introduced Babatunde Raji Fashola to his uncle, Bola Tinubu, eventually paving the way for Fashola to become his Chief of Staff while he (Bola Tinubu) was Governor of Lagos, and ultimately to make him (Fashola) his successor. The bond between Bola and Wale Tinubu runs deep!

Perhaps it is a coincidence that Wale Tinubu’s then burgeoning company, Ocean and Oil, acquired the Federal Government’s shares in Unipetrol in 2000, just a year after his uncle, Bola Tinubu, became governor. And perhaps it is not a coincidence. You do the math!
Those who think it is a coincidence that Nasir El-Rufai flippantly unleashed his salvo against Tinubu three weeks ago on May 4, 2019 and the Securities and Exchange Commission moved against Oando on the last day of May, need to do a little digging. I will help them.
Nasir El-Rufai and Oando have history together. Very long and deep history. You see, Nasir El-Rufai was the Director General of the Bureau of Public Enterprises when Wale Tinubu’s Ocean and Oil acquired Unipetrol’s shares.

I am a researcher and a very meticulous record keeper. I interview people and keep meticulous records of my interviews, because Nigeria is a dog eat dog environment, and you need to protect yourself if you are involved in Nigerian politics. And as far as I am concerned, the pen is mightier than the sword. Hence I keep records.

I interviewed a personnel of the Bureau of Public Enterprises, who was in their employment in a high ranking capacity at the time when Wale Tinubu and Eyimofe Boyo acquired Unipetrol.

This high ranking person’s documented testimony to me is that the duo initially came to acquire a hotel the Federal Government sought to divest from.

Nasir El-Rufai, according to my source, then asked Tinubu and Boyo why they would want to acquire a hotel when they were already involved in the oil and gas sector, albeit, as small players.

He encouraged them to bid for one of the oil companies then. They had not thought of that because they felt those things were for the big players who had godfathers (back then, Tinubu was not the Jagaban that he is today).

Well, to cut a long story short, the duo went back to their den and repackaged themselves, and to use a cliche, the rest is history.
I am adept at spotting patterns. As Bishop TD Jakes once said, ‘nothing just happens’. If you are not able to spot patterns, you will be so clueless in politics until the day that your enemies will shave your head in your absence (apologies to Chief MKO Abiola).
The fact that Nasir El-Rufai unleashed his salvo about cutting certain godfathers to size, three weeks ago in Lagos, and then this recent move by the Securities and Exchange Commission against a company that is only one degree separated from both El-Rufai and Tinubu, cannot be a coincidence. Not at all!

I will keep exposing these patterns. Unfortunately for these bloodsucking vampires who are retarding Nigeria’s growth, I am not within their reach, like Dele Giwa, so the only Letter Bomb they can send to me are spiritual arrows and my God is able to make every weapon formed or fashioned against me fall to the ground.

The move against Oando is Act 2, Scene 1, in the cabal’s Machiavellian plot involving the Fulani intelligentsia against an errant Yoruba warlord. It is the tragedy of Alimi and Afonja all over again. Sadly, someone is repeating history because he does not realise that the devil has no new tricks. What the devil does is what the devil has always done since he started his mischief making from the Garden of Eden.

Bola Tinubu has been caught in an old South Indian Monkey Trap!
In the American writer and philosopher, Robert Maynard Pirsig’s seminal book, ‘Zen And The Art Of Motorcycle Maintenance’, (published in the year of my birth, so it holds a special significance for me), the author describes how Indians catch a monkey using an ancient Monkey Trap.

According to Pirsig, the trap “consists of a hollowed-out coconut, chained to a stake. The coconut has some rice inside which can be grabbed through a small hole”.

The monkey’s hand fits through the hole, but his clenched fist can’t fit back out. “The monkey is suddenly trapped.”
The Fulani intelligentsia (which I greatly admire and studiously research) trapped Bola Tinubu in their Monkey Trap by giving him the promise of a future impossible or future possible Presidency. As long as Bola Tinubu’s fist is clenched on that promise, he can never escape their trap. He thus, remains beholden to them in a way that Olusegun Obasanjo never was and never will be.

As a result of this trap, Bola Tinubu will stay where he has been placed, and allow himself be subjected to whatever disgrace and insult his trappers choose to mete out on him. Sadly, he is a victim of his own inordinate lust for power.

This is the same thing that another branch of the Fulani intelligentsia did in the banking sector using the then Governor of the Central Bank if Nigeria, Sanusi Lamido Sanusi (who is now getting his own comeuppance as Kano’s emir) to upend those they felt had grown wings by becoming too big for their breeches.

For the above, I refer my readers to Mrs. Cecilia Ibru’s recent interview on the above subject matter (Sanusi persecuted me as he thought I wanted his job at CBN – Cecilia Ibru, Punch Newspapers, May 11, 2019).

The problem with Southern Nigeria, and specifically, people like Bola Tinubu, and Samuel Ladoke Akintola before him, is that, while the North preserved and still uses the leadership ethos they learnt from their leaders, such as Shehu Uthman Dan Fodio (one of my mentors) and Sardauna Ahmadu Bello (another mentor of mine), Southerners on the other hand have jettisoned the wisdom of their own sages, like Obafemi Awolowo, Nnamdi Azikiwe, Bishop Samuel Ajayi Crowther, and yes, Olusegun Obasanjo.
That is why we keep repeating history and instead of accepting responsibility for this, we prefer to blame history for repeating itself.


https://www.thisdaylive.com/index.php/2019/06/02/bola-tinubu-caught-in-a-monkey-trap/?amp

PETERiCHY:
I said this 2yrs ago but some doubted it Wale Tinubu and his gangs are the WOLF of CUSTOM STREET.

For long OANDO Shareholders fund has been in the negative territory.

By the time they are through with the investigation SHARE RECONSTRUCTION will set in.

*ThE OcToPuS*

I made the above prediction in 2017.
.
Wale Tinubu is the MOST corrupt CEO in NSE both dead and alive and he suppose rot in jail

OANDO shareholders should brace up because their EQUITY is over DILUTED and heading to GOLGOTHA.

The new MANAGEMENT will take a drastic DECISION via SHARE RECONSTRUCTION afterward will the price will now drop to the REAL VALUE.

BARGAIN HUNTERS TAKE NOTE !

*The OcToPuS*

PETERiCHY:
No be this NEXT LEVEL era
Zenithbk that will still come to beg us #11 junction.
Go and mark it.

The INAUGURATION party is OVER
MTN back to TOP CHART.

43m units cross-deals done so far.

Interim dividend loading...

AGM come AUG.

LOCO don't miss this LOLLIPOP experience

Godlylifeoneart:
https://www.forbes.com/sites/kenrapoza/2019/05/28/nigeria-has-become-africas-money-losing-machine/#54b2dc5477ac

All thanks to BUBU

In STOCK MARKET on the long run 90% ends up Losing their fund. 6% are lucky to break even while ONLY 4% actually GAINS.

NEWBIES TAKE NOTE.!

Mcy56:
Lol. No mind him. E pain am as Zenith bus zoom off.

No be this NEXT LEVEL era
Zenithbk that will still come to beg us #11 junction.
Go and mark it.

Michael11stock:
so you inside this boat? it is well it will rise chai from 34?

Do I resemble PA Emma

onegentleguy:
"I know of a man who was 'drowned in the vicissitudes of the Stock market'. ...his pathways was built around the PAST than the future.
...until the PRESENT left him behind !!"
~Sinclair

"Without the PAST, there is no PRESENT or FUTURE"-Benjamin Franklin

Mpeace:
And our darling uninstall at .24.

Yes till 2moro everyone INSURANCE COVER is VALID as long as you logged in at our recommend Hotspot .23

Mcy56:
Lol. You sound disappointed.
Make Una happy small for the halt at least, even if na for just this one day.

Really
Dissapointed that FLOURMILL and HONEYWELL someone strongly recommended at #34 and N2:10 are now trading N13:35 and N107 respectively

onegentleguy:
Thank God we were able to grab some fine opportunities !!

Some folks saw a juicy OPPORTUNITY in some great coys including FCMB, FIDELITY, UBA and ZENITH @ N1.55, N1.60, N5.50 and N18.85 respectively, and were still waiting for them lower... screaming that Nigeria is about to go into extinction.
Some were even waiting for ZENITH @ N13 !!
While some were hoping to get them, perhaps for free !!

Well, UBA and ZENITH closed @ N6.25 and N20.95 !!

As one of my Oga would say; Yanzu za su iya saya su mafi girma. Abin duniya !!

You forget to add FLOURMILL @ N13:50k and HONEYWELL @#1:07K

maishai:
Men This Nse is kind of making me a Long termer....... All gains since the beginning of the year has been wiped out...All analysis right now is confusing, My loss right now should have fetched me the muscle I wanted to buy in December... I am just consoling my self that I have fundamentally sound stocks....

Any way I am still buying


God be with us all

As an old cargo in this business you ought to know between MAY and OCTOBER whatever you see you take let alone this NEXT LEVEL regime.

Just like WAPCO,
FLOURMILL is experiencing a DEATH CROSS in fuxer & BBM voice.
Sub #10 is not farfetched.
BARGAIN HUNTERS TAKE NOTE!

MTNN actually started selling at circa N150 and the GROSS most had was it acted as CATALYST which shake the length and breath of NSE and threw up a lot of BONANZA BARGAINS.

Many LONG-TERM INVESTORS are currently in limbo and this just the beginning. MTN is a GAME CHANGER and THINGS will NEVER remain the SAME.

like I advice earlier one only need to PATIENTLY wait for their 2quarter results in order to take VINTAGE POSITION.


*ThE OcToPuS*

ahiboilandgas:
See people way get money ....no be us just hustlers...that they pray for tb to reach 18 percent ....

This Damac hills around jumeirah.

WEEKEND TONIC

Intendy:
Stocks with new 52 week lows

Uba #5.65k
Zenith #18.80k
Flourmills #14.40k
Ucap #2.10k
Academy press #0.27k

New 52 week highs
Mtn #149.00k

Why add salt to our injury.
You are a badt person

This stock market na yeye something
2wks ago some were planning on how to follow TONY chop power money @#5 now to break even self na WAEC

Even though ALS INDEX is heading to 32k courtesy of MTNN additional 3Trillion market cap but this the way NSEMPA is now watching the NSE

Jejebabaa:
Sir Pero, what entry price do you advise to average down UBA with this MTNN Listing? Kindly let me know when the Wealth transfer will start as i no get patience.

UBA once touched N3:00k in 2016. So u can start accommulating at Sub N4. This market is no running to anywhere.

We can see that SANITY is gradually returning to the MARKET no more long epistle all thsnks to OGA BEAR

When BUHARI use VETO power to steal ATIKU MANDATE. I told investors to watch that space and trade the market with a PESSIMISTIC MINDSET for the next 4yrs.

BUBU with a 2nd term MANDATE got nothing else to lose or campaign for again. Aside quietly retiring to DAURA in 2023.

He's now fulfilled and ready to join his ancestors so if ECONOMY like let it slide into DOUBLE RECCESSION that's the least of his PROBLEM.

*ThE OcToPuS*

RabbiDoracle:
Zenith nearing 18.

Market has become " aturu ta ba".

Food everywhere. Serve yourself!

With MTNN listing I have review my ZENITHBK aka ZEEBEE entry price from #16 to N11.

Above all Emeliefe and coy are busy looking for #115billion to plug the DEFICIT in their ACCOUNT. no be my money they go use make up.

2019 is year of WEALTH TRANSFER
but PATIENCE is KEY

BARGAIN HUNTERS TAKE NOTE.

rebekah2011:
The only thing that can make the shareholders of Lafarge Africa rejoice is if only the majority shareholder is ready to buy out other shareholders. The business is in a mess.

That's part of financials book cooking we are talking about imagine WAPCO from #115 in 2013 to #9:20 2 days.

Well BARGAIN HUNTERS should sharpening their cutlass let's start taking position from subN7:00k in anticipation of a TAKEOVER or BUYOUT.

DeRuggedProf:
Is it available EVERYWHERE YOU GO yet?

So you EXPECT MTNN to fly from #90 straight to N500

mendes911:
Sir Peter jumped into MTNN yesterday and it stopped it's bull run today. Peterichy's factor never disappoints.

Go and read my previous post. I said will monitor MTN financials for 6mths then divert all my fund in MONEY MARKET if I'm satisfied.

jamace:
Bro Peter, don't you know that once any good thing enters Naija, it automatically catches the Naija bug of corruption?

First and foremost MTNN has made BILLIONS of DOLLARS in profit from Nigerians since Aug 2001 when they launched their STARTER PACK. and they areant willing to share their PROFITS with local investors.

Now that they were made to list under duress they will definitely device means to push the share price far away from the reach of local investors and their GAME PLAN is WORKING perfectly.

bigjay01:
MTN? Not a chance!

As a dividend hunter, how is MTN better than GTB, Zenith, UBA et al? Then again school fees must be paid somehow.

To the guy talking about foreign loan, my advice to you is to be well counselled. In 2007, I took advantage (at least I thought I was) of the dirt cheap credits available here (quite a few 0% rates available at the time). The exchange rate at the time was £1~=N200ish. We know where we are today and the rest they say is history.

Bottom line - not for the faint hearted!

If ZENITHBK is not window dressing their result why does it always tanks after releasing their so called good report