₦airaland Forum

Mankind2024:
You don't have a personal investment philosophy, but I share information that can enlighten and empower investors. Your fear or caution is unfounded and holds no weight. Your view point is negative and anti-prosperity.
It has zero impact on my investment goals and objectives. Wake up ,diversify your portfolio and board the train of prosperity.
I'm the CEO of my portfolio and solely responsible for my investment decisions. I need zero validation from your gaslighting ⛽️ negative views.
The evidence is there for you to see. I will provide feedback in September or October and give you a final advise to eat your words

***Bookmarked this page***
The Magnificent 7 stocks don't belong to me, I've been following them since 2020. I can share more insights, educate, and encourage you to do your own research. As a modest self-investor, I'm not intimidated. The tech boom is still in its early stages, and the Magnificent 7 have yet to reach their full potential. While others may have doubted their success, my portfolio has gained $2K at the close of trading yesterday, thanks to these stocks. I'll refrain from sharing further updates on the Magnificent 7 to avoid derailing this thread.

yMcy56:
- 2023 AFS to be finalized by 31st August
- 2023 AFS, Q1 2024 and Q2 2024 to be released by Sept

https://doclib.ngxgroup.com/Financial_NewsDocs/41618_OANDO_PLC-OANDO_PLC_-_PRESS_RELEASE__CORPORATE_ACTIONS_JULY_2024.pdf

bovali:
The difference between me and you is that I have no emotional attachment to any stock. Show your workings. My history is here in this thread. You cannot put words into my mouth. I am extremely objective. Let Oando close above 16 Naira first. Till then, it will continue moving sideways. See my trades from last quarter. I exited at 15 and entered other stocks that are now rallying as you can see from the portfolio I posted, while oando has not moved once

yMcy56:
GEREGU Feb 19, 2023... around 160 or so when this post was made...

Feb 22, 2023


Just saw these posts.....
1000 In barely a year. We see how Ote$$ handles it in near future again. Lol
*Not any advice o. Its not MMM but for the extra patient ones. DD*

Omooloriredade:
From where I stand, the completion of the Oando deal is a game changer for the company. I expect Oando to release an announcement to breakdown what this acquisition means to the company and its shareholders. That's what a good CEO would do. Sell the news while it's hot. Many may still not understand the ramifications though until they see the Q3 and Q4 results which should incorporate Agip's assets.

Oando's best asset has just been doubled while they shed the less quality assets. We can argue poor leadership is also a bane of this company. It's an empty post, lets see if Wale can manage to put the ball in the net. Recent news suggests a genuine turnaround might be in the offing.

The FG has signified interest in cranking up crude production which should augur well for E&P companies. If they can manage security and infrastructure availability properly such that it translates to increased production, there could be some good money to be made by all players. As for Oando, their financial report should look better if they can push for 100,000BOE in production this year.

My post could be misleading so please do your own DD.

bovali:
The difference between me and you is that I have no emotional attachment to any stock. Show your workings. My history is here in this thread. You cannot put words into my mouth. I am extremely objective. Let Oando close above 16 Naira first. Till then, it will continue moving sideways. See my trades from last quarter. I exited at 15 and entered other stocks that are now rallying as you can see from the portfolio I posted, while oando has not moved once

Omooloriredade:
I'm a bit confused here. Is there anything wrong with respectfully advising you and everyone else to exercise caution? I can't fault his post. It was just a friendly advise? You have gone full ballistic on a friendly caution bro.

We are not here to compete with each other. I hope everyone agrees? If we can be respectful and accommodating of opposing views that would be great. I wish you goodluck with your investments mate.

Raider76:
Now I see why they got the court case adjourned to October.

PETERiCHY:
WAIT for it @ circa #9:00k.
That's A very strong SUPPORT level.

BARGAIN HUNTERS TAKE NOTE!

bovali:
Acquisition that’s been priced in since

Omooloriredade:
From where I stand, the completion of the Oando deal is a game changer for the company. I expect Oando to release an announcement to breakdown what this acquisition means to the company and its shareholders. That's what a good CEO would do. Sell the news while it's hot. Many may still not understand the ramifications though until they see the Q3 and Q4 results which should incorporate Agip's assets.

Oando's best asset has just been doubled while they shed the less quality assets. We can argue poor leadership is also a bane of this company. It's an empty post, lets see if Wale can manage to put the ball in the net. Recent news suggests a genuine turnaround might be in the offing.

The FG has signified interest in cranking up crude production which should augur well for E&P companies. If they can manage security and infrastructure availability properly such that it translates to increased production, there could be some good money to be made by all players. As for Oando, their financial report should look better if they can push for 100,000BOE in production this year.

My post could be misleading so please do your own DD.

Streetinvestor2:
The same thought equally crossed my mind

yMcy56:
- 2023 AFS to be finalized by 31st August
- 2023 AFS, Q1 2024 and Q2 2024 to be released by Sept

https://doclib.ngxgroup.com/Financial_NewsDocs/41618_OANDO_PLC-OANDO_PLC_-_PRESS_RELEASE__CORPORATE_ACTIONS_JULY_2024.pdf

SonofElElyonRet:
No.. right now na guaranteed minimum returns of N7

Omooloriredade:
To be fair, since your background is finance, it's easy to understand why you would scrutinize financial report and base your investment decisions on the financial health of companies. I suppose you can't be bothered about operations but would wait to see how they translate to figures in the financials.

I guess one would not expect Oando to fit your investment philosophy so I also found it interesting that you traded it previously and still waiting for it at a bargain? Nothing wrong with that. Smart move if you can pick buy low and sell high. It's all about the money.

I hope you don't see my post as confrontational though. All I'm here for is friendly discussion on stocks...haha.

mikeapollo:
The acquisition might have been priced in already. But the benefits (cost efficiency, performance and profits etc.) accruable from the acquisition of ENI/NAOC assets will only start reflecting in Oando's financials going forward!
Wait until you see the 2024 Q3 and full FY2024 financial results.
Oando is making gradual, remarkable progress in spite of the difficulties in past years, but some people are neck-stiff in acknowledging it.
Investment analysis does not begin and end with past performances. Future revenues and profits are also key to investment decisions.

Omooloriredade:
From where I stand, the completion of the Agip deal is a game changer for the company. I expect Oando to release an announcement to breakdown what this acquisition means to the company and its shareholders. That's what a good CEO would do. Sell the news while it's hot. Many may still not understand the ramifications though until they see the Q3 and Q4 results which should incorporate Agip's assets.

Oando's best asset has just been doubled while they shed the less quality assets. We can argue poor leadership is also a bane of this company. It's an empty post, lets see if Wale can manage to put the ball in the net. Recent news suggests a genuine turnaround might be in the offing.

The FG has signified interest in cranking up crude production which should augur well for E&P companies. If they can manage security and infrastructure availability properly such that it translates to increased production, there could be some good money to be made by all players. As for Oando, their financial report should look better if they can push for 100,000BOE in production this year.

My post could be misleading so please do your own DD.

Raider76:
Maybe a crezier thought is that Oando is releasing all these belated results just to meet the delisting requirements.

mikeapollo:
The acquisition might have been priced in already. But the benefits (cost efficiency, performance and profits etc.) accruable from the acquisition of ENI/NAOC assets will only start reflecting in Oando's financials going forward!
Wait until you see the 2024 Q3 and full FY2024 financial results.
Oando is making gradual, remarkable progress in spite of the difficulties in past years, but some people are neck-stiff in acknowledging it.
Investment analysis does not begin and end with past performances. Future revenues and profits are also key to investment decisions.

Omooloriredade:
I'm a bit confused here. Is there anything wrong with respectfully advising you and everyone else to exercise caution? I can't fault his post. It was just a friendly advise? You have gone full ballistic on a friendly caution bro.

We are not here to compete with each other. I hope everyone agrees? If we can be respectful and accommodating of opposing views that would be great. I wish you goodluck with your investments mate.

PETERiCHY:
So you MEAN we should WAIT for 2024 Q3 and full FY2024 financial results that will be release in 2026

bovali:
All these are long term and uncertain. Niger Delta is not where you will use force to get what you want. If they don’t get it right, they will waste money on fixing old pipelines that were previously bombed and it will get bombed again once there is small community disagreement. I personally know what the gas industry is struggling with right now with regards protecting its pipelines. All in all, I pray we get this right. If Nigeria doesn’t work for me, it must work for my children

naturalflow:
We all agreed to wait for oando at 9-10 junction,someone will sneak and buy at 14.

Payunsin:
The story is getting clearer.

PETERiCHY:
So you MEAN we should WAIT for 2024 Q3 and full FY2024 financial results that will be release in 2026