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Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:55am On Apr 23 |
Dey play. TOE once said he does not plan to list the POWER arm until around 2027... Zagee: 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by KayOn1: 12:01pm On Apr 23 |
Accesscorp- Could it be that a major shareholder is exiting? |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 12:04pm On Apr 23 |
DeRuggedProf:...market is for everyone - the Bulls, the Bears and the Pigs 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 12:04pm On Apr 23 |
KarlTom: |
Re: Nigerian Stock Exchange Market Pick Alerts by ndept: 12:06pm On Apr 23 |
KarlTom:Good summary/analysis no doubt. The highlight of the recently released 2022 report should have been centered around the sale of all oando retail outlet to NNPC at the cost of 359 million dollars around October 2022. But I am yet to see where the proceeds is reported in the AFS account. Does anyone know where the money was accounted for, or did it just disappeared? |
Re: Nigerian Stock Exchange Market Pick Alerts by Payunsin: 12:08pm On Apr 23 |
Oando offers now 11.7m from 12.6m some people still very much believe in iit despite the appalling result |
Re: Nigerian Stock Exchange Market Pick Alerts by sterlingD(m): 12:15pm On Apr 23 |
KayOn1:I was asking something like this yesterday |
Re: Nigerian Stock Exchange Market Pick Alerts by KayOn1: 12:23pm On Apr 23 |
sterlingD: No wahala, we dey. Will start buying again from Monday. Let's see how much further down it can go from now till then. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:30pm On Apr 23 |
The cost of sale is still a mystery... ndept: |
Re: Nigerian Stock Exchange Market Pick Alerts by ndept: 12:40pm On Apr 23 |
KarlTom:it was reported in NNPC's financial statement, though I can't laid my hand on it now. https://www.legit.ng/business-economy/energy/1576499-nnpc-acquires-oando-petrol-stations-jetty-pays-n14055-billion-ph-refinery-continues-test-run/ |
Re: Nigerian Stock Exchange Market Pick Alerts by olaremint(m): 12:54pm On Apr 23 |
The people selling FCMB shares at 6.50k. Is it that they bought it at 2 naira or what? Me I am not understanding this shares thing again oo. Is it that people are selling at a loss or what |
Re: Nigerian Stock Exchange Market Pick Alerts by Adinije(f): 12:56pm On Apr 23 |
olaremint:Lol, e be like say u bought at #12 |
Re: Nigerian Stock Exchange Market Pick Alerts by olaremint(m): 12:59pm On Apr 23 |
Tomorrow u will see people selling it for 4 naira tomorrow, hmnnn, it is well |
Re: Nigerian Stock Exchange Market Pick Alerts by KayOn1: 1:01pm On Apr 23 |
olaremint: Accumulate as much as you can or sell yours at the going price. As Cp said, there is money to be made or lost. |
Re: Nigerian Stock Exchange Market Pick Alerts by olaremint(m): 1:01pm On Apr 23 |
Lol, e be like say u bought at #12 No, I bought at 7 and 8 naira, the way it’s going down every day, it seems some people bought when it was 50 kobo. |
Re: Nigerian Stock Exchange Market Pick Alerts by olaremint(m): 1:03pm On Apr 23 |
Accumulate as much as you can or sell yours at the going price. As Cp said, there is money to be made or lost. Sell kini, I am waiting for it to get to 2 naira, so that i will then buy as much as I can We die there 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by KayOn1: 1:03pm On Apr 23 |
KayOn1: They should just give 25k or 30k dividend this time around to crash the price more. We are waiting for them. |
Re: Nigerian Stock Exchange Market Pick Alerts by KayOn1: 1:04pm On Apr 23 |
olaremint: I am actually averaging up. My only fear is with AccessCorp, I do not know if a major shareholder is selling off. |
Re: Nigerian Stock Exchange Market Pick Alerts by olaremint(m): 1:12pm On Apr 23 |
I am actually averaging up. My only fear is with AccessCorp, I do not know if a major shareholder is selling off. banks that are doing poorly since the CBN directives on recapitalization. Seems a lot of abacradabra was going down or investors have developed cold feet. |
Re: Nigerian Stock Exchange Market Pick Alerts by KayOn1: 1:19pm On Apr 23 |
olaremint: 2 years is a long time. The recapitalization will be met. |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:20pm On Apr 23 |
ndept: The proceeds from the sale of Oando retail outlets to NNPC was used to pay down the loans and borrowings. It is reported in Page 79 of the 2022 Accounts under Note 40(b) ''Changes in Liabilities Arising from Financing Activities''.....in the ''Cash flow - Payments'' column of N562.326b....... to settle Interest Bearing Loans and Borrowings (Current and Non-Current) 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BullBearMkt(m): 1:26pm On Apr 23 |
olaremint:...good! That's the way to go. Before you see it at 2 naira, buy some between 4.50 & 5 naira too 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:44pm On Apr 23 |
KarlTom: It is reported in the 2022 Accounts that Oando made losses for 2023 |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 1:47pm On Apr 23 |
BullBearMkt: We need the pigas to remain afloat 😂 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:51pm On Apr 23 |
Jaakay: This is very true. Oando is planning to raise more funds from the market very soon, either through bond issue or shares offer, or both! Please let us all read pages 91 and 92 of the 2022 financial report! if the court case is settled and the request for delisting is thrown out, there may be a rush of activity in Oando! I pray it favours us all! 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by 222Martins(m): 2:11pm On Apr 23 |
Oando peeps are hoping, praying, debating and hanging on to 2022 Q1 Financial Statement for survival; while the rest of us are already making moves in the 2nd Quarter of 2024; and other companies are showing industry forecast for 2025 and beyond. When you talk about living in the past, this is a typical example of it. Is this not one of the 7 wonders of the NGX? 6 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 2:28pm On Apr 23 |
mikeapollo: They want to scam another generation Lol PeTEriChY and MyJoy08 never still recover from their last adventure over 10 years ago 4 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:30pm On Apr 23 |
Oando prophet, are we still good to go or we should just give up on Wale? I'm asking on behalf of the Oando newbies? Peter pls don't reply this message oooooo because I sabi una gamblers wey dey set trap for newbies? 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 2:33pm On Apr 23 |
Agbalowomeri: Agba don come with comedy 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by 222Martins(m): 2:34pm On Apr 23 |
Agbalowomeri:Wahala Oti kpoju!!! |
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 2:35pm On Apr 23 |
mikeapollo: When they bewitched una finish. But eyes Don open well nah 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:44pm On Apr 23 |
Adinije: |
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