₦airaland Forum

Niyijac:
Is there anything deducible from this chart?

nairavsdollars:
Can anyone confirm if true that Wale Tinubu is stepping down at Oando?

yMcy56:
UBN
NOTICE OF DELISTING
Finally, Union Bank is leaving NGX after more than a year with confusion ...

https://doclib.ngxgroup.com/Financial_NewsDocs/NOTICE_OF_DELISTING_OF_UBN_SHARES.pdf

olaremint:
People just day offload Oando as e day go up. We die there.

yMcy56:
UBN
NOTICE OF DELISTING
Finally, Union Bank is leaving NGX after more than a year with confusion ...

https://doclib.ngxgroup.com/Financial_NewsDocs/NOTICE_OF_DELISTING_OF_UBN_SHARES.pdf

nairavsdollars:
Can anyone confirm if true that Wale Tinubu is stepping down at Oando?

UkwuAmu:
Aradel formerly NDEP (Niger Delta exploration company ) now 715 on NASD, Seplat over 2k , Oando which has transitioned to an upstream production company must shit or vomit . The 2022 Annual result is very key . No way shareholders are accepting anything less than 100 .

Choiceguy:
"Wale" and his gang wants to delist at 7

mikeapollo:
That N7 offer price for Oando will never succeed! I am ready to fight a one man battle or war on that.
I am suspecting the least price would be the N16.50 that was achieved a few weeks ago (according to SEC rules) or a higher price if the price moves up in future before the relevant AGM to discuss the delisting.
If the shareholders reject the delisting and the company is able to weather the storm and remains afloat, a lot of people who bought at N4-N5 would make huge profits.

BabsO2:
Some who bought at those prices would have off loaded a chunk. Perhaps they are the ones booking some profits and creating the trade volumes.

mikeapollo:
That N7 offer price for Oando will never succeed! I am ready to fight a one man battle or war on that.
I am suspecting the least price would be the N16.50 that was achieved a few weeks ago (according to SEC rules) or a higher price if the price moves up in future before the relevant AGM to discuss the delisting.
If the shareholders reject the delisting and the company is able to weather the storm and remains afloat, a lot of people who bought at N4-N5 would make huge profits.

mikeapollo:
That N7 offer price for Oando will never succeed! I am ready to fight a one man battle or war on that.
I am suspecting the least price would be the N16.50 that was achieved a few weeks ago (according to SEC rules) or a higher price if the price moves up in future before the relevant AGM to discuss the delisting.
If the shareholders reject the delisting and the company is able to weather the storm and remains afloat, a lot of people who bought at N4-N5 would make huge profits.

IYGEAL:
Did any company pay dividend today?

Got a dividend-like alert with scanty descriptiony.

megawealth01:
I doubt it sha... OANDO might not delist as planned and if they do it should be a WIN WIN situation for all until then...
If you want to build something just get a good unit of OANDO just Incase WALE becomes a nice guy

OANDO is a gamble

megawealth01:
I doubt it sha... OANDO might not delist as planned and if they do it should be a WIN WIN situation for all until then...
If you want to build something just get a good unit of OANDO just Incase WALE becomes a nice guy

OANDO is a gamble

emmanuelewumi:
It appears the merger of Dangote Sugar, Dangote Rice and NASCON will be concluded by the first quarter of 2024

emmanuelewumi:
Flour Mills paid last week Friday

sboga:
Wale is an already a nice guy who flies around in his fleet of private jets financed by Oando. Those close to him know his game. Oando finances the lifestyle.

He may not delist tho so can push the price to 200 and then drop the rights issue and steal more. If delist then he sells to private investors at 200. In any case he wins.

Lol he may even delist ant 7 and then re-list at 200 and then kill the stock price back to n 2 and repeat again. Nse is a joke you know this.

If nse was a serious stock exchange then Oando will not be where it is maybe around 200.

Yoast:
I was thinking it will come like a thief in the night this Q4

emmanuelewumi:
It appears the merger of Dangote Sugar, Dangote Rice and NASCON will be concluded by the first quarter of 2024

BabsO2:
Looking at trading volumes we plenty for the gamble.
Out of the 12billion shares of Oando outstanding, 2billion shares have been traded this year.

Stockbrokers, CSCS, Stock Exchange would have collected some nice fees out of the N16b traded value for Oando this year any which way it goes .

megawealth01:
OANDO might still get to 200 sha but the delisting thing is just the fears...

Wale selling it in future will surely be 200 minimum in whatever exchange rate he uses... In his own words about 98% or thereabout of OANDO funds are all in dollars

sboga:
They will delist at 7 Naira.
They have acquired enough shares through proxies to vote yes to 7.
Those minority shares will be later sold at 200-300 Naira to FI’s
Trust King Wale

megawealth01:
OANDO might still get to 200 sha but the delisting thing is just the fears...

Wale selling it in future will surely be 200 minimum in whatever exchange rate he uses... In his own words about 98% or thereabout of OANDO funds are all in dollars

Streetinvestor2:
I expect it before forbes rating for next year.Then the rabiu guy is making too much noise as per the value of his company in nse.Alhaji needs to expand the gap more in forbes rating via the marger and his refinery coming to production partially by December too
,

Mpeace:
See a typical Nigerian company delistment and compare this to that of GSK.
Union bank delistment started almost three years ago, and they are still planning for approval, before taking to management. They have not yet started talking about court ordered meeting.

bisiki2:
Good Day Madam,
Does it mean they will pay an additional 70 kobo?