₦airaland Forum

yMcy56:
It's being mentioned here on different occasions.

Streetinvestor2:
Really. How come I was not informed. This na bond now only that it is not guaranteed by the power of naija nation. See whr to put part of betnaija loot

Streetinvestor2:
Really. How come I was not informed. This na bond now only that it is not guaranteed by the power of naija nation. See whr to put part of betnaija loot

Harvestock01:
You were busy "casting" stuffs 🤣🤣🤣

yMcy56:
Why did you say it's not great?

* NIDF Q3 dividend = N5.09
Representing 24.4% yield......
* Growth in performance Y-on-Y

Any long term or dividend investor should have this stock in his/her portfolio

Streetinvestor2:
I will have to get full approval from my oga here as per the top management integrity. If it was Chapel Hill dalham behind it.The expirence I got from one of the female staff during IB right issue was not good.Infact I threatened her and told her to reveal how she got my information because she wanted to scam me during that period

Oga Emma pls come to my assistance here.what do you know about the top management of this fund.Are they like wale and other shakes of custom street.This is because of retirement investment mind set for it.

Streetinvestor2:
I will have to get full approval from my oga here as per the top management integrity. If it was Chapel Hill dalham behind it.The expirence I got from one of the female staff during IB right issue was not good.Infact I threatened her and told her to reveal how she got my information because she wanted to scam me during that period

Oga Emma pls come to my assistance here.what do you know about the top management of this fund.Are they like wale and other shakes of custom street.This is because of retirement investment mind set for it.

yMcy56:
It's being mentioned here on different occasions.

Mpeace:
Make una tell these guys to free gtco naa which type thing be this sef.

chimex38:
I don't know much but I know Chapel Hill is a great financial advisor and investment managment firm for Businesses..
Learnt the present Minister of finance is the founder..(Wale Edun)
Infact he was also the founder of then IBTC that later merged with Stanbic to form present Stanbic IBTC.

And both Chapel Hill and Stanbic are robosts and Champions in the finance and investment world with high level integrity.

In Summary, anything Chapel Hill is involved, you can sleep with 99% eyes closed.

Mpeace:
I saw one stock no NSE equity board, just a couple of sticks below Aradel AVAIF. The share price is 1,000,000 a unit.
I just want ask when that type stock go appreciate in price.

KarlTom:
MorganC just decided to ignore my mails.
Tried calling but both lines are busy...

No wahala

Streetinvestor2:
If for customer service I won't be using Morgan capital. Who ever is at the customer service is so incompetent. The only time you get reply to mail thr is if you copy one madam thr yemisi.If you only send mail to the official handle as per mail they won't ever reply.Then they equally respond to individual call to that firm if you have anyone number thr.The official lines are kept permanently busy so don't even bother calling it

Streetinvestor2:
I don't see anything special about the present finance minister. I need to hear about the present management oh.A girl thr tried scamming of my IB rights. She lied about many things and was sending my documents to just sign on them.She didn't know I was in contact with my broker who was telling me the truth. She was on me to just sign documents to relinquish my rights and send to her .She lied about my actual rights and others.

This does not mean the company is bad but she is a bad egg in that company so don't get me wrong.
I want to know about the top managers of that fund and gauge the sustainability going forward since thr stock is an illiquid stock. The os is less than a billion. I am after consistency in dividend payment and growth

ositadima1:
I take correction very well; that's how I learn. In this case, I clearly stated that my estimates are based on ThisDayLive inputs. I never claimed 100,000 barrels a day was the actual figure. So, I don't see what your correction was. If the figure is wrong, okay, but what I was more interested in were the other costs and whether they are in line. You started giving long explanations about BOE, barrels, and conversions, which are irrelevant to my post. One barrel is about 76 dollars, and the publication referred to barrels per day.

Tpharell:
I submit to you, rather authoritatively, that Oando is not doing anything near 100,000. They are averaging in the thirty something thousand range at the moment, targeting 40k in the immediate. I have already said and shown that your Thisday source piece is based on an erroneous foundation. Tell them to meet me in court about that!

Trojan8:
Oando average production is around the 25k/bbl. mark. Factor in a very bullish estimate, that 100k is not possible. Even the 20% upside From 4 OMLs won't even push peak average production beyond 52k. Post integration of this acquisition, Oando should average around 40-45k/bbl.

ositadima1:
So?

Omooloriredade:
Good attempt but unfortunately GROSSLY inaccurate.

* Peak Oil production was not 100,000bbls/day. Should have been reported as 100,000BOE/day. Also, Peak production can't be used for forecasting.
* Based on point above re BOE, you can't multiply this figure by $76 (the price of oil).
* Gas production figure is wrong. Don't know where that came from. Oando produced c. 31,912,680 MMBtu of gas in 2023.
* Average realised price of gas in 2023 was about $2 per MMBtu. Note - Futures contracts are usually used hedge commodity price risk.
* Your annual revenue was therefore grossly overstated which throws off the rest of your calculations.

However, I commend you for this intellectual exercise.

Things to note:

Gas:
1000Scf = 1Mcf
1000Mcf = 1MMcf
1000MMcf = 1Bcf
1000Bcf = 1Tcf

BOE (Barrel of OIL Equivalent)
1BOE = 6000Scf or 6Mcf or 5.8MMBtu (approx 6MMBtu)

Oil
1BOE = 1bbl (basically oil quantity needs no conversion. Unlike gas and NGLs, what you get is what it is)

So when an Upstream company reports production numbers, they usually refer to BOE to capture Oil, Natural Gas and Natural Gas liquids. Also, you would often see Oil companies qualify an oil well or OML by the proportion of Oil it produces e.g OML ABC producing 70% Oil (that is the %
of oil in the BOE).

Willie2015:
At least first take the 100% profit ... out
Go chop Nkwobi with small stout...
Before u go ask Prophet Utuocha this jamb question...

Laso09:
How did you get a 24.4% dividend yield?
The total dividend so far is less than N14 and for a stock selling for N111.7.

Trojan8:
Actually less than 30k. The 40k target is post Eni's deal which should push peak production around the 52k mark. When you factor in loss time and every other challenges that is peculiar to oil exploration then 40k seems like a fair range. Even Seplat with the largest oil production capacity still average around the 52k mark at the moment.

chimex38:
Sorry about your odeal. I understand your position.

I may have exaggerated with the 99% but this was specifically in comparison with the other "Wale" you were talking about. .
I don't think the management has that kind of public Image.

Though Minister isn't presently in the management since he is now a public office holder.

If you are familiar with credit ratings,(though not full proof)
Augusto rated the Fund Managers(Chapel Deham) an A(IM) and the fund itself NIDF an A(IM==>Investment Managers)

The MD of the fund is Indian
They also have an American as a long term partner.. They bring wealth of experience from international diverse background.

Full list of Management team with little description of each person below
👇👇
https://chapelhilldenham.com/overview/leadership/management-team-bios/#ori

Streetinvestor2:
I don't know anything about oil production. I hard the minster saying he is expecting oando to do 100,000 by December.Are you saying it is not possible from those wells ever in the future. He said his target is for 2M barrel by yr end for the country.

yMcy56:
NIDF
Q3 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/42341_NIGERIA_INFRASTRUCTURE_DEBT_FUND-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

* Q3 distribution: N5.09
* Qualification Date: 21st Oct, 2024
*Payment Date: 28 Oct, 2024

OakPearl:
I recently likened Aradel’s management integrity with that of NIDF in the manner they create shareholder value and try to increase dividend payout to shareholders.
Well, they seem to be proving me right small, small.
Q3 quarterly dividend of N5.09/share has been announced.
The highest payout so far!
We will still chop another one in 3 months time.
Dividend aristocrats don’t fail to keep this in your portfolio.