₦airaland Forum

toyeoye:
Real-time data, right at your fingertips! 📈 No lags, no refresh—just pure, live updates as they happen. 🚀 Check it out: https://stockbubbles.com.ng/ 🔥

crownprince2017:
You see that dollars issue, banks are criminals in that aspect, having a platform devoid of banks manipulation is a welcome development plus the dollars that will be saved from importation of pms, naira is bound to appreciate, if anyone doubt it, keep accumulating dollars like before. Maybe valuable lessons are just about to be learnt.


At Bovali, what do you see about sugar currently?

Toluway:
https://thenationonlineng.net/oando-nnpcl-mull-plans-to-boost-oil-production/
That Oando has become a giant in Nigeria oil sector may no longer be in doubt.

Niyijac:
Well done. I like the way the bubbles float around, really nice idea. As for the table, I think it can be cleaner. You may wish to remove "Qty." from each row under Volume, you can add that in the header like [VOLUME (Qty)]. The font size can also be reduced slightly to avoid spilling into another line. You should consider closing the gap in the Naira sign and percentage sign. So instead of "9.92 %", you will have "9.92%" for example.

Overall, its great work

Toluway:
https://thenationonlineng.net/oando-nnpcl-mull-plans-to-boost-oil-production/
That Oando has become a giant in Nigeria oil sector may no longer be in doubt.

megawealth01:
WALE and doings

Raider76:
Same story, two headlines

Niyijac:
Well done. I like the way the bubbles float around, really nice idea. As for the table, I think it can be cleaner. You may wish to remove "Qty." from each row under Volume, you can add that in the header like [VOLUME (Qty)]. The font size can also be reduced slightly to avoid spilling into another line. You should consider closing the gap in the Naira sign and percentage sign. So instead of "9.92 %", you will have "9.92%" for example.

Overall, its great work

pluto09:
I think it would had been better if they give information on the number of barrel they are producing now

Locotrader:
I am now fully chamified.
100% one stock portfolio.
Kill or Die

Raider76:
Same story, two headlines

SonofElElyonRet:
Strong man... we still dey Japaul... betrayer you

Omooloriredade:
Please don't take my word for it. It was not an official NGX release.

Considering the context of the meeting, Oando assumed operatorship of the JV with NNPCL and was providing an update/scorecard to the JV partner. Sort of a progress report or impact assessment to NNPCL since taking over.

I'll assume Oando was referring to JV output not it's 40% share of output for below reasons:

1. Oando appeared to be spruiking its achievement. Assume pre-initial or base output is Xboepd.
2. A 50% increase in Oando's production share post acquisition is infact a decrease in JV output. Not something you would celebrate.
3. Mathematically, post acquisition figures will be Xboepd + Xboepd = 2Xboepd. If you read and understood the news to mean Oando's share is now 1.5X, it means the JV has lost 25% of its production. The NNPCL should have issued Oando a "Please explain" so the meeting should not be one for champagne popping. I don't expect NNPCL to join Oando in celebrating a 50% increase it's share of the JV ONLY because of NAOC's asset while NNPCL actually suffered a loss.
4. Q2 production figure was 24,389boepd, if we assume they were able to sustain this rate till August when the acquisition was completed, Oando's share without any increase in JV output should be 48,778boepd. That is, base case is 2X already without any production increase.
5. If we can safely arrive at the conclusion that the 50% increase in production is in fact JV increase and not the outcome of NAOC assets acquisition (which doesn't make mathematical sense), Oando might be implying they are now producing 73,167boepd.

Please note assumptions carefully. If there had been a significant decline in production prior to the period being considered, then the 50% JV production increase could also be misleading.

Conclusion - Make everybody (reporters, NNPCL, Oando etc) rest small. Lets start with Q3 result first.

BHG:
Well done @toyeoye

May I also suggest you make the website responsive so the images and content scales depending on user's mobile device or desktop screen size. You may also consider giving the user an option to personalize their user experience by being able to switch between Night theme (the current dark one) and a day theme. Some of your intended users may not appreciate the dark one.

Once again, well done

Locotrader:
I am now fully chamified.
100% one stock portfolio.
Kill or Die

SonofElElyonRet:
Strong man... we still dey Japaul... betrayer you

Xidget:
Sold CHAMPION and Japaul?

SonofElElyonRet:
Strong man... we still dey Japaul... betrayer you

Locotrader:
I am now fully chamified.
100% one stock portfolio.
Kill or Die

bovali:
@Crownprince, do you have an estimate to what the dilution will be on ellah lakes please? See number 11

Agbalowomeri:
Una dey follow LOCO

chimex38:
FBN..
one week one Trouble
https://www.thecable.ng/the-insider-turmoil-in-first-bank-as-furious-otedola-wields-the-big-stick-after-lavish-party/

mikeapollo:
This is one of the ways to make big returns if you have the mind, cash, and sure of the prospects of the stocks
The higher the risk, the higher the reward.

Locotrader:
I had one stock portfolio around June/July last year.That was Japaul.I made 35million naira profit and has been my best time in trading.

I sense same thing in chams now.Lets give it 6 months to 1 year since there is good fundamental in the stock

Omooloriredade:
Make everybody (reporters, NNPCL, Oando etc) rest small. Lets start with Q3 result first.

Mpeace:
Chai. He come leave you for inside japaul sand