₦airaland Forum

emmanuelewumi:
What led to this was the guy who gave a valuation based on the total asset.


Can you please help us with the current net asset after subtracting all the current liabilities from the total asset based on the last reported financial report of the company.


Thank you

Toluway:
I don join Oando team this morning. B4 it's too late. @25.47.

bovali:
Observe with me. Note: Not financial advise:
https://www.oandoplc.com/press_release/oando-energy-resources-completes-landmark-acquisition-of-conocophillips-nigerian-oil-and-gas-business-for-us1-5-billion/

https://www.oandoplc.com/press_release/oando-plc-completes-783-million-acquisition-of-enis-subsidiary-nigerian-agip-oil-company-naoc/
Cause I’ve seen so many back of the envelope calculations. Shine your eye.

bovali:
Observe with me. Note: Not financial advise:
https://www.oandoplc.com/press_release/oando-energy-resources-completes-landmark-acquisition-of-conocophillips-nigerian-oil-and-gas-business-for-us1-5-billion/

https://www.oandoplc.com/press_release/oando-plc-completes-783-million-acquisition-of-enis-subsidiary-nigerian-agip-oil-company-naoc/
Cause I’ve seen so many back of the envelope calculations. Shine your eye. Go back to 2013/14 of this NSEMPA. No difference between then and now.

megawealth01:
Same game loading...

Make una no fight me ooooo

BullBearMkt:
@bovali, with all due respect, there is a huge difference between the presented charts of OANDO in 2014 and OANDO in 2024. There might be some similar sentiment among retail investors, but in terms of 'smart money' sentiments, there is a huge difference between now and 2014.

2014
On the weekly, price closed above the swing high in the 2nd week of June, it was immediately rejected the following week and never recovered. The monthly outlook is even worse - never closed above the previous high (that's a negative signal)

2024
Having succesfully closed above 16 in July, price has since not looked back. Price also overcame a pause in momentum in the 2nd week of August and closed in a strong bull. A price pullback will likely struggle to go below the low of August 2nd week's low (technically).

There may possibly be some pullback, but as it stands, price is targeting above 90, market reactions at this level will determine the next direction
https://invst.ly/16bc4k (Oando MONTHLY 2024 FULL CHART)

Alagbalaowo:
@BBM please what app do you use for your chart ?

BullBearMkt:
@bovali, with all due respect, there is a huge difference between the presented charts of OANDO in 2014 and OANDO in 2024. There might be some similar sentiment among retail investors, but in terms of 'smart money' sentiments, there is a huge difference between now and 2014.

2014
On the weekly, price closed above the swing high in the 2nd week of June, it was immediately rejected the following week and never recovered. The monthly outlook is even worse - never closed above the previous high (that's a negative signal)

2024
Having succesfully closed above 16 in July, price has since not looked back. Price also overcame a pause in momentum in the 2nd week of August and closed in a strong bull. A price pullback will likely struggle to go below the low of August 2nd week's low (technically).

There may possibly be some pullback, but as it stands, price is targeting above 90, market reactions at this level will determine the next direction
https://invst.ly/16bc4k (Oando MONTHLY 2024 FULL CHART)

bovali:
You forget that anybody can now use phone and sign up to trade from the comfort of their home. So I expect a bigger bubble. You’re a TA guy, you monitor sentiment. Correct me if I’m wrong but what they paid 1.5bn for 20% is what they paid half price for now for another 20% 10 years later? Is Eni foolish? Read the financial statement, rather than dispute ENI just decided to waka pass. You’re a TA guy, you track sentiment. With more people in the market now, wouldn’t that inflate the bubble? My point is, if the convo deal was in 2024, you will see people converting the 1.5bn usd to naira and shouting the share price should be worth that amount. Again, not arguing o but even from a valuation perspective, I think luring anyone to enter now is a bit unfair

brotherly:
Na you give yourself work na. too early to complain say the work hard

Please provide reference showing Agip controlled 40% of the kwale-okpai power plant.

KarlTom:
...

https://gazettengr.com/atiku-demands-immediate-listing-of-nnpcl-on-stock-exchange-in-line-with-provisions-of-petroleum-industry-act/

Can anyone confirm that the PIA actually specified the listing?

BullBearMkt:
I can only respond to the last part of your post. I have never lured anyone into taking a position in any stock. NEVER! And I never will I do that! [b] All my posts have been about showing opportunities when there is a pullback.[/b]

Pesuzok:
Not misleading, installed capacity is 960MW what is gives to the national grid might not be up to that. Nigeria installed capacity is about 12,000 MW but we can only utilise about 5,000MW due to transmission grid constraints

bovali:
Oh no, don’t get me wrong. I’m not saying you’re luring o. No vex. I’m just saying too many people do follow follow without knowing the facts. If after all this, they still decide to invest, that’s fine too. After all, it’s not my money they are using. And no one has crystal ball. If you look at my initial post, you will see people rushing to buy at the top. Just using PE of 10 and their reported last EPS of 6, then one can conservatively assume a 60 Naira per share fair price. But let’s see how it goes. P.S, not responding to anymore Oando posts .

bovali:
You forget that anybody can now use phone and sign up to trade from the comfort of their home. So I expect a bigger bubble. You’re a TA guy, you monitor sentiment. Correct me if I’m wrong but what they paid 1.5bn for 20% is what they paid half price for now for another 20% 10 years later? Is Eni foolish? Read the financial statement, rather than dispute ENI just decided to waka pass. You’re a TA guy, you track sentiment. With more people in the market now, wouldn’t that inflate the bubble? My point is, if the ConocoPhillips deal was in 2024, you will see people converting the 1.5bn usd to naira and shouting the share price should be worth that amount. Again, not arguing o but even from a valuation perspective, I think luring anyone to enter now is a bit unfair

megawealth01:
Unity Bank will set a new track record... They have wider presence/coverage and CBN will take advantage of that...

It's a new dawn

chimex38:
Thank you for the Real time update..#much appreciated.

Nevertheless, the Okpai plant is in 2 phases:1 and 2.

Just to be clear Sir:
Are you certain it's the entire Power plant not currently connected to the Grid or just the phase 2 that's not connected as stated on the punch article?
Thanks for the effort to update the group..

As for your second paragraph..
No harm done..
There nothing like negativity or badbelle, when there is a constructive criticism towards a stock and it's worth considering or giving a real time info.
Same goes for positivity or "goodbelle" , when there is a constructive praise towards a stock worth considering.

If the thread is monotonous, it won't serve the purpose of having a diverse group of people.

SonofElElyonRet:
Unity bank top fan
When are they lifting suspension sef ?

bovali:
Observe with me. Note: Not financial advise:
https://www.oandoplc.com/press_release/oando-energy-resources-completes-landmark-acquisition-of-conocophillips-nigerian-oil-and-gas-business-for-us1-5-billion/

https://www.oandoplc.com/press_release/oando-plc-completes-783-million-acquisition-of-enis-subsidiary-nigerian-agip-oil-company-naoc/
Cause I’ve seen so many back of the envelope calculations. Shine your eye. Go back to 2013/14 of this NSEMPA. No difference between then and now.

emmanuelewumi:
History will always repeat itself but we always think things will be different this time around

naturalflow:
There have never been a stock talked about like oando.Even investing.com put mouth say na STRONGBUY!

Xidget:
I have been silently reading and following up discussions and arguments on this thread, and I must say it is educational. Kudos to everyone.
I read somewhere that Champion breweries may get delisted for not meeting the free float requirements. Can someone pls throw light on what happens to minority shareholders if that is to happen.

Xidget:
I have been silently reading and following up discussions and arguments on this thread, and I must say it is educational. Kudos to everyone.
I read somewhere that Champion breweries may get delisted for not meeting the free float requirements. Can someone pls throw light on what happens to minority shareholders if that is to happen.

BullBearMkt:
"Before you speak, let your words pass through three gates: Is it true? Is it necessary? Is it kind?"
— Rumi

naturalflow:
There have never been a stock talked about like oando.Even investing.com put mouth say na STRONGBUY!