₦airaland Forum

yMcy56:
OANDO Q2 2024
Attached
Exited loss position already....now in profit..
Also working on the so called debt they've been shouting about.....
So how's someone saying the company is gone with all these?

Raider76:
Please tell me why you are bullish on Aradel. Don't you think the fact that its participation with 4 other companies in the Shell assets purchase which is now stopped should make it less attractive? Don't you think also that the price at which it listed on NGX was too high to begin with?

yMcy56:
OANDO Q2 2024
Attached
Exited loss position already....now in profit..
Also working on the so called debt they've been shouting about.....
So how's someone saying the company is gone with all these?

ojeysky:
Obviously Na present govt they help Oando otherwise that company is a gonna!

bolton08:
News are coming for Aradel...

1. Divestment of 1.3billion dollar shell on shore assets by renaissance consortium which comprises Aradel

2. PMS train in Aradel refinery is posed to be commissioned

These are fact you can verify

If you have it hold it for long term. Its a healthy coy. No shaking

GeeKudi:
Auditors need to start querying what companies are reporting as cost of sales. In so many of the results released since last week, you see cost of sales/operating cost eating up over 90% of company's revenue.

yMcy56:
OANDO Q2 2024
Attached
Exited loss position already....now in profit..
* Increase in Revenue..
* Increase in PAT...
* Also working on erasing the so called debt they've been shouting about.....
So how's someone saying the company is gone with all these?
All these negative talks is looking more like bad belle to me, and someone somewhere getting pained that this company is improving.

https://doclib.ngxgroup.com/Financial_NewsDocs/42585_OANDO_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_NOVEMBER_2024.pdf

GeeKudi:
Auditors need to start querying what companies are reporting as cost of sales. In so many of the results released since last week, you see cost of sales/operating cost eating up over 90% of company's revenue.

mikeapollo:
I was just going through the Q2 2024 results and noticed a few things.
No need to accuse anyone of bad belle. Let everyone share his opinions, and you ick which one makes sense to you.

Raider76:
I recall my post above on people bullish on Aradel. This was when it was above 600. I still believe it got highly over priced at NASD due to the tremendous level market sentiment created.

The issue of the uncertainty surrounding the proposed acquisition of Shell assets alone should make one cautious of the stock. Even though of recent there are indications of wavering on the part of government, probably showing the level of lobbying, and "Ejoor Sir", going on. You wonder how a regulator that withheld consent because they assessed the companies acquiring the assets as incapable of managing the assets will now say they are reconsidering. Can the companies acquire that competency overnight?

Agbalowomeri:
Where is the increase in PAT? Abi my eyes dey pain me ni?

Raider76:
I recall my post above on people bullish on Aradel. This was when it was above 600. I still believe it got highly over priced at NASD due to the tremendous level market sentiment created.

The issue of the uncertainty surrounding the proposed acquisition of Shell assets alone should make one cautious of the stock. Even though of recent there are indications of wavering on the part of government, probably showing the level of lobbying, and "Ejoor Sir", going on. You wonder how a regulator that withheld consent because they assessed the companies acquiring the assets as incapable of managing the assets will now say they are reconsidering. Can the companies acquire that competency overnight?

Agbalowomeri:
Where is the increase in PAT? Abi my eyes dey pain me ni?

Agbalowomeri:
Where is the increase in PAT? Abi my eyes dey pain me ni?

bolton08:
NUPRC rejected the application for the consortium to address a lapse in the submission.
You may verify if you have someone within.

bolton08:
NUPRC rejected the application for the consortium to address a lapse in the submission.
You may verify if you have someone within.

bolton08:
NUPRC rejected the application for the consortium to address a lapse in the submission.
You may verify if you have someone within.

Raider76:
And what was the lapse?

BullBearMkt:
IF ARADEL INTRINSIC VALUE IS HIGHER THAN CURRENT PRICE, THEN WE HAVE GREAT OPPORTUNITIES!
As ARADEL's stock price is declining the selling pressure is reducing; and with the stock trying to find a good demand zone, we can only rely on the intrinsic value of the stock to provide confidence. If the intrinsic value is significantly higher than the current price, then this presents a promising opportunity for a long-term investment.

ARADEL's contraction season is here...

PLAN YOUR TRADES AND TRADE YOUR PLANS

emmanuelewumi:
Look at investment over a period of 5 years and above to determine if you have made money from the investment.

Seplat was N600 in 2018 and even came down to N300 over the years, the company paid dividends 4 times.

Nahco was listed at N5, it came down to N2 sef over the years, we all know the current stock price of Nahco snd the company never missed dividend payments since it was listed over 20 years.

Presco and Okomu were listed at N5, both never missed dividend payment since they were listed.

Let us go back in time to 1999, Nestle was N20 in 1999, Unipetrol (nos known as Oando) was over N40 in 1999.

Nestle rose to over N1000, never missed dividend payments. Although Nestle is currently having challenges at least shareholders have made their money back in multiple folds.

Compared to the other one that could not pay dividends for decades. And shareholders funds was wiped off

This post is addressed to investors and not speculators

emmanuelewumi:
Until we start playing the stock market with patient funds or we have predictable multi streams of income, it will be difficult to enjoy the wealth creating potentials of the stock market

emmanuelewumi:
We don't want monkey hunting oooooo,

Aradel that is going down non stop, less is see where it will be in 3 years time Sha.

I am planning to increase my holdings from the proceede of my sale of Guinness and Nigeria Brewery. I now want to be an ethical investor, I don't want to own stocks of companies that make alcoholic beverages again.

emmanuelewumi:
Until we start playing the stock market with patient funds or we have predictable multi streams of income, it will be difficult to enjoy the wealth creating potentials of the stock market