₦airaland Forum

vacanci:
It's going to be a long wait my dear. That's the price

EDUECO:
If you're a newbie in equity investment and you have natural inclination for gambling;never you buy Oando to hold indefinitely,sell once you have doubled or tripled your initial stake.

Subsequently,move your winning and invest in shares of dividend paying banks like Zenith,Access,GTB,UBA and Fidelity.

Don't be carried away with the irrational exuberance of Oando shares!

godlyguy:
yahoooil.com/oando/demigodceo

Streetinvestor2:
@oga Emma. It looks my betnaija stock get agents for this thread. It looks they released the information on forward looking net asset valuation because of your persistant observation of liability/asset of the company.
I am trying to understand the motive of such information since they are not ready for the whole results.
What I don't know if it is allowed. Is it right to capture 2024 happenings in 2023 account yr based on the excuse given for shifting ground again for 2023 results. I thought it is q3 results that is supposed to reflect the latest events.

@agba abeg come to my rescue on this accounting practice

robobo:
"It has a Certified Professional Reserves Report (CPR) from D&M, the second largest in the world, which has also been auditing ENI/NAOC, Chevron, Shell and other oil Majors for decades.

With the CPR indicating Gross Recoverable 2p reserves on original 20 per cent Certificate of Proficiency (CoP) stake and new NAOC 20 per cent stake Net Present Value (NPV), (10 per cent is $2 billion respectively), total value of the company has now hit $4 billion, that is, before deduction of acquisition debt of the newly acquired company plus legacy debt.

When appropriate discounts are applied, including working capital, Actual Net Asset Value (NAV) of company, less all long term debt, equity value is about $3 billion."


so Oando don dey release result without releasing result hmmm na wa ooo

Net equity value of $3b (after deducting all debt/ liabilities) hmmmmm which equals N4.8 trillion

meaning at 12b outstanding shares equity value is N400/share

God is watching all of us on 5D


Is this signalling?

KarlTom:
That Thisday article is a 'paid advertisement'

The willing and discerning will read between the lines...

mikeapollo:
This could be a snippet of info from the latest assessment/valuation of Oando.
The share price is likely to drop between now and Oct 23 when the results would be announced, providing an opportunity for those interested to buy.
Meanwhile, the court case (involving the 14 loser minority shareholders) comes up on Oct 10. If still
interested you can try and buy before the Oct10, and thereafter before Oct 2023.

Note:
The above is purely for only those of us who may still be interested or already in Oando:

Caveat emptor!
This no due diligence!
This is not marketing!
This is not monkey hunting!
Those who are not interested can dump or ignore Oando shares immediately and enjoy their peace of mind!

lionshare:
Too many caveats--

megawealth01:
CBN Says Currency In Circulation Now ₦4.1 Trillion With Only 6% In Banks

https://saharareporters.com/2024/10/02/nigerian-central-bank-says-currency-circulation-now-n41trillion-only-6-banks

Streetinvestor2:
@oga Emma. It looks my betnaija stock get agents for this thread. It looks they released the information on forward looking net asset valuation because of your persistant observation of liability/asset of the company.
I am trying to understand the motive of such information since they are not ready for the whole results.
What I don't know if it is allowed. Is it right to capture 2024 happenings in 2023 account yr based on the excuse given for shifting ground again for 2023 results. I thought it is q3 results that is supposed to reflect the latest events.

@agba abeg come to my rescue on this accounting practice

Agbalowomeri:
Make dem tell us where to find

Agbalowomeri:
Make Una gimme stock to buy in November

megawealth01:
If you did not receive "Happy Independence " from your BANK gather here we have meeting

ololufemi:
Mega Baba, you must receive na because you be Ultra High Networth Individual na. Your own greeting go don come with lunch or dinner date voucher sef. 😂🫡

megawealth01:
Zenith never recover from the celebrations

megawealth01:
If you did not receive "Happy Independence " from your BANK gather here we have meeting

mails4funshi:
https://doclib.ngxgroup.com/Financial_NewsDocs/Access_Holdings_-_Merger_Approval.pdf

megawealth01:
ACCESS don enter PENSIONS

The hustle is real even for ACCESS doorside

Mpeace:
Access has been there naa. For some time now.

megawealth01:
CBN Says Currency In Circulation Now ₦4.1 Trillion With Only 6% In Banks

https://saharareporters.com/2024/10/02/nigerian-central-bank-says-currency-circulation-now-n41trillion-only-6-banks

shonyboi:
Hello, its been great following this forum, I have learnt a lot from all posts, please I have a question regarding access . When they released 45k dividends people said they were stingy because their mates like GTB and Zenith dished out N1 as dividends, however since access price has been between 18-20 off late, isn't it still equivalent to what GTB is offering which is 2x the value of Access in terms of share price. I.e 2*access is 36-40 and equivalent of 90k ...and it still has potential for growth as its easier to acquire more units of access which will cost me 2ce to acquire GTB. Am i missing something through my layman reasoning?

unite4real:
Can you also kindly relate Access Bank with UBA and Fidelity as well? Let's look at opposite direction too

megawealth01:
Rumour has it that another COVID called XEC is out and Iran vs Israel has also escalated.

All these things are planned for the stock market to crash so that certain billionaires on Forbes can rebuy for 2025 bull market?

Agbalowomeri:
If you can see it coming, it's probably not cuming