₦airaland Forum

mikeapollo:
Lol !
You for no see or hear me on this forum.
Wetin you wan say about Wale and his gang that own the company and have been buying real oil bloc since decades ago..
My own na just paper shares like anyone here.

zendi:
It is the massive size of your holding I was referring to.
You said Tranche 1 gives you close to one million shares which means you sit on 12 million units already, since ratio of 1:12.
How is an oil block owner better than you?
Or put it another way, Mikeapollo alone owns a sizable chunk of those 1billion barrels underground that Wale bragged about.

Mpeace:
He owns 0.10% of Oando.
Beware of him he is an insider

emmaodet:
In bull markets, investors only see opportunity and are blind to the risks.

In bear markets, investors only see risks and are blind to opportunities

Picky1:
Honestly, still trying to 'critically think' on, what the effect of "drill baby drill" will bring in the short/long run!
cc. @Ositadimma1 or any other thoughts out there!

Mpeace:
I have seen several reports that claim the current price of crude does not support the "drill baby drill" posture as new investments would find it hard the break-even. The biggest threat to oil prices is rather the Ukraine/ Russia peace deal. But The general belief is that oil won't go below 50$/b.
On average, American shale oil production costs range from $35 to $70 per barrel making less sense to increase production and reduce price per barrel. It won't favor american oil companies.
Some oil companies actually have production cost of less than 20$/barrel (eg Seplat) So they should still make some profit at that price(though less than normal). Oil companies like oando only need to reduce their fin. cost to remain profitable.
But I doubt if opec and co will allow oil prices fall that much.

GeneralDae:
The biggest threat to oil prices is the possible tariff on China or anything that could affect the Chinese economy.

Mpeace:
He owns 0.10% of Oando.
Beware of him he is an insider

zendi:
It is the massive size of your holding I was referring to.
You said Tranche 1 gives you close to one million shares which means you sit on 12 million units already, since ratio of 1:12.
How is an oil block owner better than you?
Or put it another way, Mikeapollo alone owns a sizable chunk of those 1billion barrels underground that Wale bragged about.

NB/ I was joking hyperbolically about the size of your Oando holding.

Shalom428:
Flutterwave with over 3 billion dollars valuation about to be listed on NGX. Interesting days ahead.

unite4real:
Are they days away from listening?
Maybe it should be interesting months ahead of the listing will be this year.

Mpeace:
He owns 0.10% of Oando.
Beware of him he is an insider

Shalom428:
Flutterwave with over 3 billion dollars valuation about to be listed on NGX. Interesting days ahead.

SonofElElyonRet:
They said they wanna list?
Modified:
https://statehouse.gov.ng/news/president-tinubupledges-support-for-fintech-companies-as-flutterwave-seeks-listing-on-the-nigerian-exchange/

essentialone:
Chams and eTranzact are two notable players in Nigeria's fintech and payment solutions space. With this new development, will both stocks soon be on Full Bid, since the President of Nigeria wants to support Fintech companies in Nigeria?

Youngzedd:
I will pass until the frequent security breach issues are fixed.


Too many hacks will swallow their profit and may even put them on a minus.


I don't put my money on a company that will always tell say them shot a bird the mama flew away.

SonofElElyonRet:
That is sentimental analysis.. not my turf

essentialone:
Tag the people whose turf it is...

faoogoke:
https://www.vanguardngr.com/2025/02/wale-tinubu-bags-transaction-of-the-year-award/

Wale Tinubu is Investor of the Year

Somebody will go to court

KarlTom:
UPCOMING BM

TODAY 24 February
RONCHESS, TRANSCOHOT

TUESDAY 25 February
NESTLE, NGX, SEPLAT

WEDNESDAY 26 February
LAFARGE, NASCON

THURSDAY 27 February
AIICO, DANGSUGAR, MECURE

FRIDAY 28 February
CONHALL, FCMB

SonofElElyonRet:
But despite the hacks do they still make profit? Have you seen their numbers? At any rate I expect appreciation upon listing.. whether sustainable or not is another kettle of fish

faoogoke:
https://www.vanguardngr.com/2025/02/wale-tinubu-bags-transaction-of-the-year-award/

Wale Tinubu is Investor of the Year

Mpeace:
He owns 0.10% of Oando.
Beware of him he is an insider

Princkez:
I saw OKITIPUPA OIL trading at #182 on NASD....is this true? hmmmm ELLAHLAKES

Princkez:
I saw OKITIPUPA OIL trading at #182 on NASD....is this true? hmmmm ELLAHLAKES