₦airaland Forum

Payunsin:
₦74 minus ₦ 5.70
Yet I am finding it difficult to sell
This is definitely greed.
My assumption is that those that bought at ₦76 also want to make money

Mpeace:
Make I help the oando ministry

https://www.nairaland.com/8199844/nnpcl-hand-over-warri-kaduna

megawealth01:
You work for them?

megawealth01:
If you have info about UBA RI please share here...

Thanks

yMcy56:
OANDO
As at now in market, any offer that comes up @74 is being picked immediately......
Are some other Asset Managers or other entities buying?
Make we dey observe sha.
- Over N4.8bn staked on it so far......with over 66M units in transactions......

** Looking more like crossing to themselves at that price....

** Those getting bored with O&O discussions, make Una no vex.......it's because that's the trending stock in market for now......you can be skipping some posts**

Zagee:
Banks(UGAZ) are generally back to Strategic level for a first tranche buy.

(Please do not cause any unnecessary bull thank you)

GeeKudi:
I believe the profit taking will continue early next week and we may see it at 60+ before it rallies again.

Boshins:
Biko, remove JAPual o....we never enjoy limelight oo...we r still cooking....

Zagee:
Not really.

GeeKudi:
I believe the profit taking will continue early next week and we may see it at 60+ before it rallies again.

megawealth01:
Why you remove F

Choiceguy:
For me Oando movement will be determine by inside information based on the result they submit. We should watch out the price movement.

MARKETJJC:
Boss man, where is Oando support base on your TA?

GeeKudi:
I believe the profit taking will continue early next week and we may see it at 60+ before it rallies again.

Willie2015:
Are you sure of this
With the above news today
Got to increase my Oando units 2day..
Oando will likely pick one of the refineries..


https://www.nairaland.com/8199844/nnpcl-hand-over-warri-kaduna

ositadima1:
Have you been to the refineries? Those refineries are massive liabilities. It will cost quite a lot to put them back in order, except if they want to use them for scrap. I've been to Eleme refinery, but don't take my word for it. Just do some research on restarting a refinery that has been left for more than 20 years.

Anything is possible in Nigeria; they might sell it at a ridiculous price or just give it away to their relations.

Willie2015:
When u are the President nephew ?
Anything is possible....

Locotrader:
Japaulians will enjoy 10 10 percentage ride next week.

Those who already acquired sit tight and enjoy a new ride.

This Present Govt will make some companies and people rich.

I swear......

Enjoy

yMcy56:
That was how some guys made many to sell off @39+ and to re-enter the bus became difficult until today when it touches 73+....
Why not just keep following the market and news, instead of all these assumptions.......
Can you tell us the reason for this post? TA, FA or SA?


* Meanwhile, over N5.6bn has been staked on +76M units transactions so far........
Lowest it has gone as at now is 73.50.......still ranging btw 73.50 and 74........so far...

Choiceguy:
Bullbearmkt will help out

ositadima1:
Oando is already heavily indebted. For the purchase of Agip, they only placed about 10% or less in equity; the rest is debt. Even if they get the refineries for free, they will still have to spend millions of dollars they currently don't have. It's better not to commit to too many things. They should pay off the humongous debts first before pursuing other money sinks.

In my opinion, it will not be a good idea. There is only so much that family ties can do before others start protesting.

cocolacec:
Thanks for the info.What price should we enter Japaul?

cocolacec:
Thanks for the info.What price should we enter Japaul?

MARKETJJC:
Any price that you will be angry or be pained or have heart attack if it starts going south after you bought