Heishere:


Too much imagination. You will learn.

The gambling never comot body

Agbalowomeri:


The gambling never comot body

E dey bone marrow

Labdi69:
Bought my first stocks yesterday.

I bought dangote sugar, fidelity bank, Oando and transcorp. I feel like selling my transcorp to top oando.

Once i hit it big, i quit the 9-5 rate race immediately and ride off into the sunset.

Make the sun no set on you sha.

Labdi69:
Bought my first stocks yesterday.

I bought dangote sugar, fidelity bank, Oando and transcorp. I feel like selling my transcorp to top oando.

Although my portfolio value dropped slightly after i bought yesterday o. Silly me i thought it was typographical error on the app oo. I now called customer care to complain 😁. They must have had a good laugh.

I’m not moved by daily price movements anyway especially as I’m in it for the long haul. I have also managed to develop some shock absorber from my days in gambling.

Once i hit it big, i quit the 9-5 rate race immediately and ride off into the sunset.

One of the most important rules is DO NOT APPLY EMOTIONS TO INVESTING IN THE STOCKS MARKET.

If i were you, i will not have the FOMO feeling right now. Take your time to study the market behavior while using a token to use in the course of the experience.

Be calming down

Heishere:


Too much imagination. You will learn.

he will learn on the journey....

Heishere:


Too much imagination. You will learn.

His seems to be the case of a toad in water being heated. As far as NSE is concerned the toad always ends up jumping out of the water after being seriously scalded and injured.

Bizibi:
he will learn on the journey....

No point being negative or else no one will invest. I also believe that no two people share same fate, so I can’t use your experience to forecast my own future.

Again, key is to invest what you can loose and not loose sleep.

Lets also not act like there aren’t people making money here or you saying i made a mistake by investing?

The ogas in the house, pa Emma, mcy , current price et, al. What is your advice on oando,the noise is getting much on it ooo...pls help the newbies..

Let the newbies breathe ooooo...

Labdi69:


No point being negative or else no one will invest. I also believe that no two people share same fate, so I can’t use your experience to forecast my own future.

Again, key is to invest what you can loose and not loose sleep.

Lets also not act like there aren’t people making money here or you saying i made a mistake by investing?

like I said to the other guy you will learn on the journey, some of us have been investing since the days of oceanic,zenith and intercontinental,wealth passed down from Dad to son still will pass down to the next generation.it has been a crazy and wonderful journey.It is not negative,it is a journey for you.

crownprince2017:
The ogas in the house, pa Emma, mcy , current price et, al. What is your advice on oando, the noise is getting much on it ooo...pls help the newbies..

If you have the money, buy as much of Oando as you can.
But you have to be patient until at least next year. The gain will be massive when they declare their results for FY2023
Oando has had some governance challenges in the last 10 years or so in the board room (management/shareholders), SEC troubles, forex losses and interest on loans etc. that affected their performance in the past.
They seemed to have turned the corner with the declaration of profits in FY2021 and acquisition of ENI/NAOC which could be a gamechanger. Also, a look at the share prices of its peers on the NSE....that should tell you that OANDO can potentially sell between N50-100 in the next few months, especially when the buyout offer is rejected at the AGM ordered by the court.

mikeapollo:


If you have the money, buy as much of Oando as you can.
But you have to be patient until at least next year. The gain will be massive when they declare their results for FY2023
Oando has had some governance challenges in the last 10 years or so in the board room (management/shareholders), SEC troubles, forex losses and interest on loans etc. that affected their performance in the past.
They seemed to have turned the corner with the declaration of profits in FY2021 and acquisition of ENI/NAOC which could be a gamechanger. Also, a look at the share prices of its peers on the NSE....that should tell you that OANDO can potentially sell between N500-100 in the next few months, especially when the buyout offer is rejected at the AGM ordered by the court.

₦500!!
Fear God nah

mikeapollo:


If you have the money, buy as much of Oando as you can.
But you have to be patient until at least next year. The gain will be massive when they declare their results for FY2023
Oando has had some governance challenges in the last 10 years or so in the board room (management/shareholders), SEC troubles, forex losses and interest on loans etc. that affected their performance in the past.
They seemed to have turned the corner with the declaration of profits in FY2021 and acquisition of ENI/NAOC which could be a gamechanger. Also, a look at the share prices of its peers on the NSE....that should tell you that OANDO can potentially sell between N500-100 in the next few months, especially when the buyout offer is rejected at the AGM ordered by the court.

If oando sell for 500, seplat will go for 25,000

Mpeace:
If oando sell for 500, seplat will go for 25,000

Lol..

chimex38:

Lol..

Apologies; it was a typo. I wanted to type N50-N100

mikeapollo:


If you have the money, buy as much of Oando as you can.
But you have to be patient until at least next year. The gain will be massive when they declare their results for FY2023
Oando has had some governance challenges in the last 10 years or so in the board room (management/shareholders), SEC troubles, forex losses and interest on loans etc. that affected their performance in the past.
They seemed to have turned the corner with the declaration of profits in FY2021 and acquisition of ENI/NAOC which could be a gamechanger. Also, a look at the share prices of its peers on the NSE....that should tell you that OANDO can potentially sell between N50-100 in the next few months, especially when the buyout offer is rejected at the AGM ordered by the court.

Please take note: I wanted to type N50-N100

chimex38:


₦500!!
Fear God nah

You should know it was an error; price cannot increase from N500 to N100
I meant to type ''N50-N100''

chimex38:


₦500!!
Fear God nah

mikeapollo:


Please take note: I wanted to type N50-N100

Noted.

Mpeace:
If oando sell for 500, seplat will go for 25,000

Seems you are being conservative. By same ratio Seplat will sell for close to N1m

mikeapollo:


You should know it was an error; price cannot increase from N500 to N100
I meant to type ''N50-N100''

Ok..Typo error.

Probably caught up in the
OandO euphoria on this forum hence didnt notice...

Someone once said Trancorp will go from around 4 Naira 400 or 500, I don’t remember the exact number but it was so absurd I couldn’t control myself but call their bluff!

He said, a company valued at 100Billion+ will grow 10,000% and no one here raised any concern until I called them out! Btw, the only catalyst for making this absurd call was because Otedola was buying the stock!

But the reaction I see here everytime someone says Oando will grow 1,000% is surprising. Hopefully Oando can prove the naysayers wrong!

crownprince2017:
The ogas in the house, pa Emma, mcy , current price et, al. What is your advice on oando,the noise is getting much on it ooo...pls help the newbies..

The ultimate decision is yours. The antecedents of Oando and what happened to people's portfolio in the past can only be likened to an investment horror movie. For me, I don't believe in the repentance of a poisonous snake but that's me. Take a decision, you'll either make an enormous gain or you'll learn a monumental lesson. That's the beauty of the game.

Which stock is exposed to this recent OLAM allegations?

We need block button on NSEMPA. Those monickers spamming the thread with O &O would have chopped blocking aswear...

UBA Interim. Any guesses?

Camoready:
UBA Interim. Any guesses?

my pillow says N0.35k

Mfunkynation:

my pillow says N0.35k

That will be fair in view of how GTCO & Fidelity have raised the bar.

Coolcash1:
We need block button on NSEMPA. Those monickers spamming the thread with O &O would have chopped blocking aswear...

I thought it is only me that has noticed it.They are trooping in dove to recommend oando .The MH na different level.Thank God my call for onado na many moon ago and placed my target at #20 if the court case goes against the management of oando.I don't know how to dig up old post I for try repost one

BabsO2:

That will be fair in view of how GTCO & Fidelity have raised the bar.

I'm really surprised the 25kobo interim dividend didn't move Fidelity shares as expected

Mfunkynation:

my pillow says N0.35k

I wonder what the hold up is. Usually by now, QD & PD should’ve been announced.

mikeapollo:


If you have the money, buy as much of Oando as you can.
But you have to be patient until at least next year. The gain will be massive when they declare their results for FY2023
Oando has had some governance challenges in the last 10 years or so in the board room (management/shareholders), SEC troubles, forex losses and interest on loans etc. that affected their performance in the past.
They seemed to have turned the corner with the declaration of profits in FY2021 and acquisition of ENI/NAOC which could be a gamechanger. Also, a look at the share prices of its peers on the NSE....that should tell you that OANDO can potentially sell between N50-100 in the next few months, especially when the buyout offer is rejected at the AGM ordered by the court.

Be careful of the type of advice you give to a newbie.