Nigerian Stock Exchange Market Pick Alerts - Investment (8569) - Nairaland
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| Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 10:16am On Dec 17, 2024 |
This surely could not be the news the Oando insiders were marketing to us ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 10:18am On Dec 17, 2024 |
The Ghana plant they’re acquiring for export is likely why. I’m wondering why they haven’t come out to say officially though. Still yet to see the outcome from the October board meeting Mfunkynation: |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:20am On Dec 17, 2024 |
cocolacec:Thanks. Watching LIVE now |
| Re: Nigerian Stock Exchange Market Pick Alerts by ojeysky(m): 10:28am On Dec 17, 2024 |
ositadima1:Oando and Aradel are miles apart...I just wonder what will have happened to Oando if present govt wasn't in town, they basically started making money after that yet they are still in red. There goes the red on Oando on the floor.... |
| Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:31am On Dec 17, 2024 |
OANDO Result yet to be digested by many.... AGM ongoing.... Good result from my amateur's perspective People just like to act in haste OANDO still remains an untapped goldmine 😊We are waiting for AGM outcome......make we see how the bonus talk go be ...😊 |
| Re: Nigerian Stock Exchange Market Pick Alerts by designking: 10:32am On Dec 17, 2024 |
Wale style of leadership is the singular reason Oando is still in a messy state. Oando might struggle for a while before any meaningful progress can be seen. Massively dumping of the Oando stock is ongoing and might continue till Friday. Oando may touch ₦45 with this renewed selloff |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:33am On Dec 17, 2024 |
designking:💯 |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:34am On Dec 17, 2024 |
![]() ojeysky: |
| Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:35am On Dec 17, 2024 |
ojeysky:You need to be objective. Aradel listed at close to 800 naira, but it was the same "red" on the floor that brought it down to below 500 before it reversed. So, the red on the floor is nothing new. The facts are undeniable: the company is making money, and the negative equity will soon be resolved, whether the current president does it himself or not—it doesn’t matter. |
| Re: Nigerian Stock Exchange Market Pick Alerts by toyeoye(m): 10:35am On Dec 17, 2024 |
Hmmm
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| Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:37am On Dec 17, 2024*. Modified: 11:09am On Dec 17, 2024 |
designking:When result was bad self, did it struggle to move from N8/10 to N90? Once the cowboys are ready, let's leave other stories...... By Q4 2024, the result will shed light on the new shareholding structure Then we see how it fares again... This result is ordinarily expected to take it to full bid self.... It's even looking like some people trying to depress the share price in market as at now..... Something wey go still cross 100..... When is what I don't know, may be sooner than expected, may be later. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Harvestock01(m): 10:40am On Dec 17, 2024 |
designking:This will represent the golden opportunity of a generation. |
| Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 10:41am On Dec 17, 2024 |
Sunrisepebble:Lol. ![]() How do you mean? You may help us with some context. Oando's turnaround or transformation cannot be a sudden, one-time, overnight feat. It will be gradual. But some signs have started to emerge. e.g. the gross margin ratio is about 6% in the Q3 2024 against between 4% and 5% for prior periods . But they need to work on the huge administrative expenses. A segment (E&P) is doing relatively well, while others (e.g. Corporate Services) are just draining away the profits and dragging the company backward. Fortunately, the ENI assets fall under the E&P segment, but it was only 1 month operation that was included in the Q3 2024 results ended 30-Sep-2024 (i.e. the acquisition was around 3 week of August 2024) |
| Re: Nigerian Stock Exchange Market Pick Alerts by MoonWater: 10:43am On Dec 17, 2024 |
Interesting |
| Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:44am On Dec 17, 2024 |
This... designking: 🤔designking: |
| Re: Nigerian Stock Exchange Market Pick Alerts by olaremint(m): 10:45am On Dec 17, 2024 |
Please who told cardinal stones to upgrade their website, it has been hell on that platform since Friday |
| Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 10:45am On Dec 17, 2024 |
KarlTom:The weathercock effect ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:45am On Dec 17, 2024 |
MRS Meanwhile MRS is sighted @145 in market... Is the buyout price of N135 no longer holding? ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:49am On Dec 17, 2024 |
![]() KarlTom: |
| Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 10:53am On Dec 17, 2024 |
I was looking for quick Jijo. I don’t have as much faith as some of you do in Wale but I’ll keep my units for now mikeapollo: |
| Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:01am On Dec 17, 2024*. Modified: 11:22am On Dec 17, 2024 |
Sunrisepebble:Lol. ![]() There will always be opportunities for Jijo. The price has started falling. You can wait and buy when it falls to your preferred or comfort level and sell again when it rises. Oando has good potential but its journey to full recovery will not be an easy ride . |
| Re: Nigerian Stock Exchange Market Pick Alerts by essentialone1: 11:06am On Dec 17, 2024 |
essentialone:Any one has any update on Afrinvest website that has been undergoing upgrade forever? |
| Re: Nigerian Stock Exchange Market Pick Alerts by bovali(f): 11:15am On Dec 17, 2024 |
On this oando agm, all I’ll say is some of these shareholders are weapons fashioned against the company. Rather than hold management accountable they’re doing eye service |
| Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 11:20am On Dec 17, 2024 |
Those guys are for-hire shareholders, coming for free food, and goody bag. bovali: |
| Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:22am On Dec 17, 2024 |
bovali:Thanks and God bless you my sister! These Oando shareholders at the AGM are just too hypocritical for my liking. They did similar thing at the previous AGM. Seems like they were either planted by the management or seeking some favours from them I regret not being able to attend. |
| Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 11:22am On Dec 17, 2024 |
These are not Shareholders but Praise Singers. |
| Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 11:26am On Dec 17, 2024 |
GeeKudi:Not all of them... The person in suit currently speaking is saying the truth...... talking about shareholders not receiving dividends, compares ARADEL and SEPLAT in terms of profit making, etc. The Mr. Adio that talked about adopting prospectus or something also talks well..... I was even thinking say abi na Streetinvestor be this...😁 |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:27am On Dec 17, 2024 |
I love this current speaker. The guy is saying the gospel truth to Wale |
| Re: Nigerian Stock Exchange Market Pick Alerts by bovali(f): 11:30am On Dec 17, 2024 |
megawealth01:True. Only him and the other guy with the aeroplane analysis did well |
| Re: Nigerian Stock Exchange Market Pick Alerts by designking: 11:32am On Dec 17, 2024 |
Make Oando hurry up return back to ₦30/₦40 so that we can load more for a long term hold. For now, forget about Oando doing ₦100. It will oscillate between ₦45 - ₦65 which is ₦20 possible takeout each cycle. Na clowns full this Oando management. They are not serious for a mega oil Corporation. They should learn from Seplat and Aradel. ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:34am On Dec 17, 2024 |
GOD bless this woman talking now. That delisting is still an issue ooooo |
| Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 11:36am On Dec 17, 2024 |
......and they keep scrambling the link each time there is such voice speaking the inconvinient truth except if it's just my network misbehaving. yMcy56: |
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