₦airaland Forum

KarlTom:
Explosion on Trans-Niger Pipeline.

Operated by NNPC/Renaissance JV...

Heishere:
Aradel needs to come down for us.

Mpeace:
If Aradel comes down that will be great, but that stock is too cheap on current price.
If they continue this year with the result of q4 2024, then na for moon you go see the price.

Aradel and Mtn are two stocks I pray to buy before the release of q1 2025 results.

Agbalowomeri:
You will still get it cheaper

Agbalowomeri:
You will still get it cheaper

mikeapollo:
You may have good point but it baffles me how all you say is hinged on Oando's past performance or experience alone, without even mentioning other players in the industry to support your point. There was/is Seplat, Mobil, Total, Shell, Chevron, Texaco (now MRS) etc

starpower:
I bought my seplat 322 in 2020 it was an oil price glut. Same occidental corporation. Bought at 162 during 2016 later to sell at 598 around 2018 not too sure.

SonofElElyonRet:
COMING SOON: ACCESS BANK PLC SERIES 3 & 4 COMMERCIAL PAPER OFFER

Mpeace:
We need the money for our next "shopping spree" We go soon buy world bank.
While shareholders only watch as they spend our money.

SonofElElyonRet:
COMING SOON: ACCESS BANK PLC SERIES 3 & 4 COMMERCIAL PAPER OFFER

SonofElElyonRet:
COMING SOON: ACCESS BANK PLC SERIES 3 & 4 COMMERCIAL PAPER OFFER

Mpeace:
"Asset" bank should be a Case study of how company majority owners and executives live large while shareholder only get "hope" as reward.

The former CEO built a world class mansion and university etc ... as he continued to "expand the bank"
The new set are saying simply saying "emi lokan" (it my turn) to "expand the bank"

Agbalowomeri:
I no understand this bank again

Mega come out o

SonofElElyonRet:
COMING SOON: ACCESS BANK PLC SERIES 3 & 4 COMMERCIAL PAPER OFFER

zendi:
l have been focusing on Oando because the negative effect of possible oil glut I'm talking about is on crude oil and crude oil stocks only. Except for Seplat, none of these other companies you mentioned has upstream operations quoted on the Ngx, as to be relevant to my topic. All of them are downstream stocks on NGX, which are actually impacted positively in periods of oil glut. And of Oando and Seplat which are upstream and quoted, Oando is the one I'm well acquainted with, having been trading in it at my capacity from the beginning of it's upstream story to this moment. I have never bought a single share of Seplat.

I know you're a heavy staker in Oando, but other people have equally had their own experiences with the stock at their own level, some probably starting even long
before you.

Yet, again, impossible is nothing.
And it could well be that you are actually the Wale, masquerading here as Mikeapollo, in which case I hail.

NB/ Besides, some of these multinationals you mentioned are also into shale production in their home country, in addition to their conventional production, and would not have been exposed to the same things Oando suffered during the shale boom.

onuku:
How genuine is it?

KarlTom:
🚨
State of Emergency declared in Rivers State

Agbalowomeri:
I no understand this bank again

Mega come out o

KarlTom:
🚨
State of Emergency declared in Rivers State

KarlTom:
🚨
State of Emergency declared in Rivers State

Executive and Legislative arm suspended for an initial period of 6months.
Judicial arm of government remains untouched.

Vice Admiral Ibok-Ete IBAS (rtd) appointed as Administrator for the next 6months...

SonofElElyonRet:
Fubara, deputy governor, House of assembly suspended for 6 months.. retired military personnel appointed military administrator.. Wike remains FCT minister and would in all likelihood operate as the unofficial military administrator

onuku:
How genuine is it?

KarlTom:
Having experienced a drop in oil quota in February, Nigeria seem to be on course for further decline in output.

It's sad that this Trans-Niger Pipeline explosion is what eventually moved the President to act...

Ibusho:
what is happening to BUA cement

Raider76:
What will be the likely effect on oil stocks of
companies with onshore assets?