₦airaland Forum

designking:
Aradel will profit greatly from this Oando suspension. It is a good thing SEC suspended Oando and send a warning to most companies that don't respect their rules.

Short term investors should stay clear of Oando cos Wale can even delay the suspension for the next 6months to 1year until the books are perfect to the present public.

Oando don hang many Jijo investors XMas money 😄

KarlTom:
OandO. ±
ETERNA. ±
ARADEL. ±

mikeapollo:
Nobody can shout you down, because this forum is even a faceless one.
At least @Godlyguy is a living witness because nobody has been able to shout him down.

All contrary opinions, including yours, are welcome! But such opinions should also be debatable!

Maybe, what is happening is ''majority carrying the vote (which you call shout) over the minority''

robobo:
the person wey loss and the person wey die don finally meet each other

eni to ku ati eni to sonu ti pade

lollllllllllllllllllllllllllllllllllllllllllllllllllllllllll

Sunrisepebble:
What is the view of Presco here. It has entered my eye especially with the GOPDC acquisition and their dividends but it has been on offer for weeks. I wanted to wait for small pull back as not to enter at all time high. But no movement in the stock

emmanuelewumi:
I did a research on Presco yesterday based on your question.

Earning growth

2019 N3.70k

2020 N5.20k

2021 N19.80k

2022 N12.80k

2023 N32.40k

Half year 2024 N38, this is higher than what was made in 2023.

Forecast EPS for 2024 N70.00

emmanuelewumi:
Stock price performance of Presco.I used 23rd October as reference

23rd October 2019 N28
23rd October 2020 N65

23rd October 2021 N89

23rd October 2022 N128

23rd October 2023 N181

23rd October 2024 N485

mikeapollo:
Why mocking and laughing at the supposed 'hanging'' of jijo investors, who are actually your neighbours?.
Have you forgotten the commandment, ''thou shall love your neighbour as thyself''?
Guys are not smiling oooo!
Let Oando release the results and allow guys to flex at Xmas

Sunrisepebble:
Reading a report on them, to complete their acquisition of GOPDC, which should add about #25bn to their revenue. They are going to raise debt and equity. I don’t know if I should wait till the capital raise or buy now before 9months and interim dividend

emmanuelewumi:
Not a good stock to JIJo , the movement is usually slow and steady but it will surely move


The compounded annualized growth is 72%, I am of the opinion that they can have another compounded annualized growth of over 50% for another 5 years.

From the price history courtesy of CSCS online

1 million units bought for N38 million in 2019 is now worth N485 million and generated a dividend of N24 million in 2023.
Dividends earned from 2019 till date should be about N40 million

SAK:
where is that prophet?? He has never seen in advance this suspension o! There is God o.

Sunrisepebble:
Thank you Chief, duly noted. I will put some of the Aradel loot to work

ProphetUtuocha:
Calm ... calm ... calm!

Folks should not allow
Those who in their
Fear and analysis paralysis
Lost out on Oando
To scare them
On an action
That contrary to them
Is positive and commendable

For there's no cause for concern
In that which was done
It has only provided sane investors
A new opportunity to gather fund
And launch an accumulation drive
When the gate opens

ProphetUtuocha:
Calm ... calm ... calm!

Folks should not allow
Those who in their
Fear and analysis paralysis
Lost out on Oando
To scare them
On an action
That contrary to them
Is positive and commendable

For there's no cause for concern
In that which was done
It has only provided sane investors
A new opportunity to gather fund
And launch an accumulation drive
When the gate opens

zendi:
"Shareholders of Oando are advised to exercise caution when dealing in the shares of Oando until a further announcement is made."

Warning from the Desk of the Oando Cowboy himself sometime in 2023.
And should he have added you should always keep a satchet of paracetamol handy, while praying it never gets to the level for amlodipine.
This suspension could be the tip of a much deeper plot.
Even the refusal to file result could be by design, to ochestrate this suspension, and who knows what next, and for how long.

KarlTom:
This quote was part of the Press Release notifying the NGX and Investors of the Proposed Scheme of Arrangement.

Last line on Page 1 (https://www.wstc.com.ng/wp-content/uploads/2023/03/Oando-Plc-Proposed-Scheme-of-Arrangement.pdf)

I like how we are all trying to milk this OandO suspension sha...

ProphetUtuocha:
Calm ... calm ... calm!

Folks should not allow
Those who in their
Fear and analysis paralysis
Lost out on Oando
To scare them
On an action
That contrary to them
Is positive and commendable

For there's no cause for concern
In that which was done
It has only provided sane investors
A new opportunity to gather fund
And launch an accumulation drive
When the gate opens

robobo:
lollllll. the more you look the less you see

undead:
My collegue Abdul-'Alim say, no warri. say people talk, talk talk, dont fallo, dont fallo, dont fallo. Say 15 years expiriency in Operato profit by some Emma Nwumi is overeted.

I tell you wit confidency Oando go 150 gaskia. no warri, dont missy dont missy.

ndept:
Much Ado about Nothing. The suspension on O and O shares is good for those inside the bus already (except for those that needs money for emergency). The share price would have plunged downward from this morning back to around N74 (Though not a good one for me, because I would have bought more units as I am having less than 100,000 units now and hope to buy close to 500,000 units at around N74).

I reiterates again, O and O may still achieve price of N130 in the next 5 months.

Above is my opinion please.

emmanuelewumi:
But contrary opinions were welcomed


I was once banned on this thread about un top Oando matter.

I had to write Seun that the moderator should tell me my offence

emmanuelewumi:
In my case it was not bot.

I wrote Seun and I was unbanned immediately

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...

mikeapollo:
Please, let us avoid this kind of comment; it is unnecessarily personal and could be seen as being petty.

It does not matter and it's no one's business whatever percentage anybody decides to invest as long as the person investing has not come to beg anyone here for his daily bread.
The person who has invested 1%; 50%, 70% or 100% etc. of his capital in any stocks may be a million times richer and wealthier than the person who is trying to mock him out of sheer ignorance, and sometimes absolute stupidity.

I know you are not the stupid or foolish type, even if a complete idiot is trying to make you his friend and seeking your company in his foolishness!

KarlTom:
ACCESS on full bid

KarlTom:
As expected...

UBA RI