₦airaland Forum

ositadima1:
It seems like you bend things to suit your view when it’s convenient. Banks are investors. A company obtains funding in two ways: debt and equity, and both are forms of invested capital.

chimex38:
I don't think I agree with this.

1)Deducting from u guys argument, Banks are generally assumed to be lenders unless categorically stated as investors and even if so, such banks should also be found in the shareholding structure of companies I think(at least as an Influential shareholders if not Major shareholders)

2) Banks return as company lenders are guaranteed through collateral.
(worst case)

Investors return isn't guaranteed.(worse case)

I believe you know all these. You are just pulling legs

Harvestock01:
If Oando is a religion, there's little wonder you are one of it's adherents otherwise why would you devote so much time and energy. Let go.

ositadima1:
My argument is that banks are investors. Anyone who lends money to a business is an investor because their return isn’t guaranteed.

If Oando was able to raise 1.3 billion dollars, it’s clear that lenders have confidence in recovering their principal. This is basic finance.

pluto09:
Is it today that oando has been getting loan from lenders.
What did they do with the ones they got before this? Debt upon debt.

yMcy56:
Mega, did you bother to check the 2023 result at all......or you will just continue to comment based on what another person is saying?

This new Auditor has been engaged since 2023 November or thereabout, so are you insinuating they're not competent enough? Or was engaged specifically to work on 2023 FYE report?
What is the crime in engaging a different Auditor by the way?

The issue I sometimes have with your Oando comments is that you continue to make posts based on your mindset most of the time.

I'm just surprised that some people are just bent on seeing the negativity and debts but was silent on the return to profitability in the first place.......I'm sure they're disappointed that OANDO is making progress so far.

Read thru the attached on page 11 of the report, put your old mindset on one side and try to at least pick something positive out of it.

ositadima1:
We have equity holders (or shareholders) and debt holders—both are investors, and both carry risks.

Just like shareholders, debt holders or lenders perform due diligence before committing their money. If a company truly had no prospects, as my Oga Emma suggests, no bank would lend to it. It’s that simple.

emmanuelewumi:
If Oando na bank, CBN would have taken over the management of the business

Harvestock01:
What is the obsession with Oando, if I may ask? Eat it, you say it is bone, throw it away, you say there's small meat inside. This Oando matter na wa o.

MARKETJJC:
Elder statesman, why not leave Oando alone, you have been on this same side since Oando was #8 and Oando thoroughly trashed and humiliated you will it performance in price inside this NSE

We love you invaluable education but Oando defiled all your reservations in the past and will still do it again, like how bua cement dealt with you


Please, between Oando and DANGOTE sugar that you have been trumpeting for, which one do you recommend we go for?

My respect

chimex38:
Just seeing this.
Debt holders as - Investors
OK. we learn everyday

ositadima1:
Have they ever received 1.3 billion dollars before, yes or no?

emmanuelewumi:
If Oando na bank, CBN would have taken over the management of the business

emmanuelewumi:
A typical religion has adherents, dogmas, and those who challenge the doctrines of the religion.

That is why atheists are very active on Naira land religion threads

pluto09:
Is it today that oando has been getting loan from lenders.
What did they do with the ones they got before this? Debt upon debt.

MARKETJJC:
Elder statesman, why not leave Oando alone, you have been on this same side since Oando was #8 and Oando thoroughly trashed and humiliated you will it performance in price inside this NSE

We love you invaluable education but Oando defiled all your reservations in the past and will still do it again, like how bua cement dealt with you


Please, between Oando and DANGOTE sugar that you have been trumpeting for, which one do you recommend we go for?

My respect

Emumakpo:
Please, let Elder Stateman make his comments. His comments are educating even beyond the Oando stock

ositadima1:
Terminology can be tricky, but defaults are real, even with collateral. A bank won’t lend money if it senses issues with collecting interest payments—are you aware of this?

ositadima1:
Oga Emma's argument is that the majority shareholders (owning more than 70%) will take advantage of the minority shareholders by recapitalizing the company in their favor. If na only this him talk, i for jejely keep quiet.

Zagee:
In all of this. I think staying in the middle with the argument of Oando will be better. Turning a corner with the profitability, but again backlog of debts. Making necessary interventions here and there. Raised 1trillion already through debt this year. So it's finally down to recapitalization: the question is how? Right issues or trading a % of their 70% holding. Either way, it's clear fresh capital is needed. Waiting for 2024 results is just one way to be cautionary. Those "who know Wale" will be selling off by Monday(if suspension is lifted) and those who don't know will want to find out what path to recapitalization.

Let everyone do as pleased. 😌

ProphetUtuocha:
Beware
Of those who write in anger
Who spills out emotionally laden analysis as holy grail
Driven by their previous losses, miscalculation
And blinded by their hatred of an individual

Beware
Of those who promoted dangsug and aradel
As if they knew what they were saying
And got folks trapped therein
Just because of their vested interest and MH

For, whether they like it or not, Oando's audited 2023 result is "RENEWED HOPE RELOADED". The foundation of greatness has been laid and the future is brighter than ever!

ProphetUtuocha:
Beware
Of those who write in anger
Who spills out emotionally laden analysis as holy grail
Driven by their previous losses, miscalculation
And blinded by their hatred of an individual

Beware
Of those who promoted dangsug and aradel
As if they knew what they were saying
And got folks trapped therein
Just because of their vested interest and MH

For, whether they like it or not, Oando's audited 2023 result is "RENEWED HOPE RELOADED". The foundation of greatness has been laid and the future is brighter than ever!

chimex38:
I agree.
servicing of debt is key.
They must have seen positive pointers in the company.

I just don't usually classify banks as Investors.

Streetinvestor2:
Go sit for gutter with your rubbish marketing in the name of spiritual. Is only a follow follow person that takes this your double handles serious

emmanuelewumi:
A typical religion has adherents, dogmas, and those who challenge the doctrines of the religion.

That is why atheists are very active on Naira land religion threads

Harvestock01:
If Oando is a religion, there's little wonder you are one of it's adherents otherwise why would you devote so much time and energy. Let go.

Harvestock01:
Challenging another man's religion is most often a waste of time.