₦airaland Forum

Uchetoba:
I saw something in this result.

emmanuelewumi:
It is a wonderful performance, the return on equity also experienced great improvement.


I have a fair value of N150 for the stock

ProphetUtuocha:
Nice one.
Indeed, only the discerning ones will key into the huge opportunities revealed in the Oando result, especially in the midst of reactionary, bad belle MH analysis by some angry folks!

emmanuelewumi:
Continuing with the improvement in quote.

Working capital improved from negative N817 billion in 2022 to negative N1.63 Trillion in 2023, based on the body language of the auditors it must have improved to over negative N2 Trillion by the end of 2024.

The equity also improved tremendously from negative N197 billion in 2022 to negative N267 billion in 2023, from the body language of the auditor it might improve to over N300 billion by the end of 2024

emmanuelewumi:
Who would have been patient to read the Koko of the matter on page 92, if not from the auditors report that mentioned note 49 which can be found on page 92.

Rather it was the profit after tax of N60 billion that was highlighted

A major information of this nature ought to be in the first 5 pages of the report

emmanuelewumi:
It is a wonderful performance, the return on equity also experienced great improvement.


I have a fair value of N150 for the stock

ositadima1:
Why are you silent about Dangote Sugar, which you also praised and promoted here, while Oando seems to be such a big issue for you? Both companies currently have negative equity. Of course, you’re entitled to your opinion.

Some people have already made more profit on Oando, with its price moving from 10 to 80, than you have with Aradel at its current price, no be juju be that?

emmanuelewumi:
Continuing with the improvement in quote.

Working capital improved from negative N817 billion in 2022 to negative N1.63 Trillion in 2023, based on the body language of the auditors it must have improved to over negative N2 Trillion by the end of 2024.

The equity also improved tremendously from negative N197 billion in 2022 to negative N267 billion in 2023, from the body language of the auditor it might improve to over N300 billion by the end of 2024

emmanuelewumi:
Because Oando is a religion stock with many faithfuls and worshippers.

And Dangote Sugar always released their results at the appropriate time, did not wait till the stock wss suspended before they released their results and they are not been hyping their stories on social media, so that informed insiders will gradually sell their shares to uninformed retail investors

emmanuelewumi:
Because Oando is a religion stock with many faithfuls and worshippers.

And Dangote Sugar always released their results at the appropriate time, did not wait till the stock wss suspended before they released their results and they are not been hyping their stories on social media, so that informed insiders will gradually sell their shares to uninformed retail investors

ositadima1:
I’ve already pointed out the loans Oando secured in 2024. With all the negativity you’re presenting, how do you explain Oando’s ability to secure over 1.3 billion USD in 2024 alone? Are you suggesting there’s some kind of conspiracy, or that the NAOC assets are merely audio?

emmanuelewumi:
Banks won't mind if the company continues to work for them, banks and insiders are playing a different game compared to the game retail investors


In all these almost N200 billion went to banks as finances costs and about N24 billion went to workers as staff expenses and it has been increasing almost every year referring to what banks and insiders make

Na shareholders never get dividends in about 10 years.

Insiders who are major shareholders holders are getting juicy benefits sha.

Na you go decide if you have the temperament to be a long term holder in that type of scenario

ositadima1:
Your arguments seem to be going in circles. First, you claimed Oando is like Enron, suggesting it’s presenting misleading numbers and heading for a crash. Now, you’ve acknowledged that they’re generating returns for investors. So, which is it?"

ositadima1:
Why are you silent about Dangote Sugar, which you also praised and promoted here, while Oando seems to be such a big issue for you? Both companies currently have negative equity. Of course, you’re entitled to your opinion.

Some people have already made more profit on Oando, with its price moving from 10 to 80, than you have with Aradel at its current price, no be juju be that?

Raider76:
You know there were people who made a lot of money in the then NSE in 2006 - 2008 on companies that didn't even have an office. Just from the euphoria and sentiment of the market. Obviously there are those who are here just to make money anyhow, and the quickest is through sentiments. But I have observed that there are also those who want to learn to professionally analyze companies and results. And it is through those later group that future professional investors may emerge. I think we should allow such people to analyze these results and learn from each other. If the sentiment people don't like what they are saying just scroll down. Others maybe learning from them.

Agbalowomeri:
Knowing Wale, that they didn't release 2024 quarterly results together means nothing much to expect from them.

Oando will go the way of NB and IB. The current shareholders will end up with 5% of the company after fundraising. As Una no accept delisting😂

emmanuelewumi:
Banks are higher on the food chain, banks are not investors they are lenders.


Shareholders are the last on the food chain.

And might not have any crumb to feed on.

I think I am done with you on this matter.


As earlier said it is a wonderful stock with a fair value of N150.


Please buy more

Raider76:
You know there were people who made a lot of money in the then NSE in 2006 - 2008 on companies that didn't even have an office. Just from the euphoria and sentiment of the market. Obviously there are those who are here just to make money anyhow, and the quickest is through sentiments. But I have observed that there are also those who want to learn to professionally analyze companies and results. And it is through those later group that future professional investors may emerge. I think we should allow such people to analyze these results and learn from each other. If the sentiment people don't like what they are saying just scroll down. Others maybe learning from them.

ositadima1:
That’s the point—analyzing the results objectively, without bringing in biases from past failures. I analyze results here too, and I presented Oando objectively, clearly showing that the negative trends from its past may have shifted with new evidence. If you didn’t notice that, then you may be biased as well.

ositadima1:
Banks are not investors—is this the kind of objective analysis Raider76 is referring to? Ok nah.

Bizibi:
wait ooo, company wey nor get office be dey nse....one of the reasons why I like seeing things for myself.

Raider76:
I don't assume or label anyone as biased. To do that will mean I have a "confirmation bias". Which means not accepting any view point that doesn't agree with my own. If I am like that then I won't be on NSEMPA. Because being here means I am looking to learn and be informed.

Pesuzok:
If Oando is dead, no lender or investor will sink in millions of dollars, they are seeing the potential. At least the auditor still reported things the way it is based on 2023 financials.

There is something different going on in Oando that might turn things around. What is DS currently doing to turn their only situation around?

emmanuelewumi:
Some businesses are on life support and are currently in the Intensive Care Unit.

Such businesses will need to undergo corporate surgical operation.

Then injections of capital to stabilize the business

emmanuelewumi:
For that Oando account the more you look the less you see.


I no know where to start from sef, my brain no reach to analyze anything because foundation no dey to build on