₦airaland Forum

BabsO2:
That's in prior years?
The unaudited 2023 showed positive free cashflow after paying interest due on loans.
I suspect they may have poor bookkeeping practices. And or their new auditors are slow (thinking about your prior comments on how some audit firms are slow)

MadmaxX489:

Xidget:
Omo, this Aradel na pure One chance

ojeysky:
Aradel is now at 500 o, where are those that were waiting at that price, have they bought yet? Looks like the govt denial has affected the stock

Blaqq2:
who dey buy zenith like this

otokx:
The person is seeing something that we are not seeing.

emmanuelewumi:
Promote keh, I will give my opinion based on verifiable facts and figures.

Concerning Arabel, if you are not an investor don't buy it.


I remember buying Seplat for N600 and came down to N390 where is Seplat as we speak.

I remember buying Presco at N62 and it came down to N50, where is Presco now.

All these happened in less than 5 years

KarlTom:
Seems the year-end bull don dey get small energy o...

cocolacec:
Aradel reversing

OakPearl:
I do not support Oando’s delay in releasing their reports, but some times, we get so biased we don’t realize when we over-flog a simple matter.
This is not to chastise any individual directly or make a case for Oando; but the technical suspension on Oando is it different from that placed on Unity Bank, NPFMFB and others who also defaulted Rule 3.1?
Nothing new about this suspension in my opinion.
The only disadvantage for short term traders is the uncertainty of how soon they comply to get their funds out. That in itself could also turn a blessing in disguise.
As for long term investors in the bus, I even see it as an advantage because they might eventually get some more good updates on the new inroads they are making which could spike the price immediately after the suspension is lifted.
Better to keep an open mind because you can easily be misled and miss out on opportunities from a stock you actually have no quarrel with.

Blaqq2:
Una no dey give recommendations for this forum oo
Naso so oando everywhere

Newbies fit lost
Con lost again

emmanuelewumi:
Easy to reference picks that went well, what about stocks that went south based on your “opinion”
In the stock market there will be wins and losses however selective bias when not in a stock should be discouraged.
Please enlighten me with the facts at your disposal regarding Dangote rice Ltd that informed your opinion it was worth more than the other merging entities! Dangote rice wasn’t even in existence but Alhaji chose to play a fast one. In saner climes would Alhaji have been able to pull such trick just by registering a biz name and ascribing it some thin air valuation?

Promote keh, I will give my opinion based on verifiable facts and figures.

Concerning Arabel, if you are not an investor don't buy it.


I remember buying Seplat for N600 and came down to N390 where is Seplat as we speak.

I remember buying Presco at N62 and it came down to N50, where is Presco now.

All these happened in less than 5 years

Blaqq2:
who dey buy zenith like this

ice234:
So I am not the only one noticing this.
All I see here is oando this oando that.

KarlTom:
Make una no vex...

Those who used to drop recommendations had been victimized in the past.

So it's up to everyone to do their research and act on it accordingly...

ositadima1:
Your points are strong, but the way you presented them seems to be a direct quote from someone else. Please double-check and repost to ensure it's your original post.

emmanuelewumi:
It appears someone invested more than 70% of his capital on Oando.
You will alright, this is an opportunity for you to load more at a cheaper price

MadmaxX489:
Scarcasm!
I bought at 6.18 and have sold and made 8 figures profits from Oando. Members are entitled to give an opinion on a stock but full disclosure regarding your bias should be made. The fact you don’t like the stock doesn’t mean it won’t make money for others.
On a lighter note you have dogged my question;

Please enlighten me with the facts at your disposal regarding Dangote rice Ltd that informed your opinion it was worth more than the other merging entities! Dangote rice wasn’t even in existence but Alhaji chose to play a fast one. In saner climes would Alhaji have been able to pull such trick just by registering a biz name and ascribing it some thin air valuation?

emmanuelewumi:
It appears someone invested more than 70% of his capital on Oando.

You will alright, this is an opportunity for you to load more at a cheaper price