₦airaland Forum

Sunrisepebble:
I’ve never understood this “more” expensive thing before, is it because with smaller share prices you get more units which gives the illusion of greater gains? 500k in Oando and 500k in Aradel is the same exact thing if they both move up by 10%, regardless of number of units held.

I had friends who I marketed Aradel to everyday from #5k pre-split and they didn’t buy because it was also “too expensive” but they later bought at the split price of #517 (#10k), not knowing they’d have got more units buying it at #5k

Health3:
To hit it big in this market, you need to wear patience up and down and tie am for head as gele too. See stocks like Chams, toying with Loco's emotions. The moment he sells, the stock will zoom off

GeeKudi:
It's an illusion but the illusion lends weight to how easy the stock price can move.

With the "less" expensive share, price movement is easier compared to the "more" expensive stock.

Sunrisepebble:
I’ve never understood this “more” expensive thing before, is it because with smaller share prices you get more units which gives the illusion of greater gains? 500k in Oando and 500k in Aradel is the same exact thing if they both move up by 10%, regardless of number of units held.

I had friends who I marketed Aradel to everyday from #5k pre-split and they didn’t buy because it was also “too expensive” but they later bought at the split price of #517 (#10k), not knowing they’d have got more units buying it at #5k

mikeapollo:
Thank God Oando was not listed among them! The noise would have been..............!

GeeKudi:
It's an illusion but the illusion lends weight to how easy the stock price can move.

With the "less" expensive share, price movement is easier compared to the "more" expensive stock.

Raider76:
Oando will not go into exploration, which is costly and risky. They prefer buying ready made assets, or buying cheap government assets.

currentprice:
@ ndept , Geekudi & co how mkt ?

hope uacn behaving well

bedsheet has indicated that uacn is better than unilever, cadbury & co in that sector so when unilever do that gra gra few days ago uacn holders should be happy because it a stock that will do better than all in dt industries,

patience pay

Raider76:
Oando will not go into exploration, which is costly and risky. They prefer buying ready made assets, or buying cheap government assets.

yMcy56:
LINKASSURE joining the race....
REGALINS too is still cheap at CP in my opinion....
VERITASKAP on full bid @1.39....
AIICO on full bid @1.49

* Not any recommendation

mikeapollo:
I think Oando is already an Exploration and Production (E&P) company. That is why they have OPL and OML licenses.
The companies they acquired (Conoco Phillips and ENI/NAOC) were big time E&P companies.

The new oil blocks were won by some companies that are even smaller than Oando.

Virtually all the upstream companies are into E&P, although they may be doing partnerships or joint explorations with other major companies in order to minimize their risks and costs

currentprice:
meanwhile those missed Aradel because of those saying it will fall to around N250 should not feel bad. plenty opportunities go come and this will be a lession. Do your DD to the stock you eyeing and look less of what pple saying.

i miss seplat too at 150 because of this

Health3:
CI Leasing don show me pepper. No movement for several months

megawealth01:
The bitterness wey dey the truth na follow come

currentprice:
meanwhile those missed Aradel because of those saying it will fall to around N250 should not feel bad. plenty opportunities go come and this will be a lession. Do your DD to the stock you eyeing and look less of what pple saying.

i miss seplat too at 150 because of this

Sunrisepebble:
Ok, thats a fair point

ositadima1:
Oga, charge that ur phone.

Sunrisepebble:
I believe it'll still come down to that 500 again. If people like, let them miss it again waiting for lower

Health3:
To hit it big in this market, you need to wear patience up and down and tie am for head as gele too. See stocks like Chams, toying with Loco's emotions. The moment he sells, the stock will zoom off

Streetinvestor2:
Na #300/350 I dey wait for lol or nothing for my side..

Locotrader:
We dey here nah.
I dont do 100% one stock portfolio in vain.
We have made enough for the year in many stocks.
This time,we have one basket that will be too heavy to carry on the head.

Tell peterichy to go and appease the gods of Cadbury.

currentprice:
@ ndept , Geekudi & co how mkt ?

hope uacn behaving well

bedsheet has indicated that uacn is better than unilever, cadbury & co in that sector so when unilever do that gra gra few days ago uacn holders should be happy because it a stock that will do better than all in dt industries,

patience pay

Agbalowomeri:
Fishbone don hook peter for throat

HamTrad:
Please who has update on Wapco board meeting

designking:
I wanted to add more Oando to my 50k units but after I check some calculations made here I decided not to add more.

If the Share redistribution (alias share bonus) details and dates are announced, Oando will certainly cross ₦100 per share.

My 50k units will make my Oando portfolio ₦5m and if the bonus ratio is 1:2, that will make my total volume 75,000 units and that will make my portfolio further expand to ₦7.5million from its current ₦3.5m.

That is more than ₦4million profit and 100%+ ROI.... If Wale fit deliver, he will me my Daddy OO

But fear no let me add any units more because it is more of a gamble.

unite4real:
Is there any other special agenda apart from the consideration of the 9 months audited financial report?