₦airaland Forum

SonofElElyonRet:
I think Trump's leverage is that China exports a whole lot to USA but you are right that he wasn't counting on China being belligerent. Not everyone will agree to be publicly humiliated and bullied without fighting back

Streetinvestor2:
You don off load and trying if you can push it down again to #35 to reload and sell at 40 plus.Na people way dey even consider your calls be mugu...lol

delvzy:
This trade war between the US and China tends to last for a while to see who burge first.
Just look at another matter brewing in the UK, where the parliament had to come back from a recess to potentially renationalise British Steel from heading into a total collapse.

While I don't agree with some part of Trump’s tariff push but a man’s go to do what he gotta to remain as a world leader.

Picky1:
Bros, Oando no cast again....or you are on the other side now?

zendi:
that one don pass.

Oando has reset for a new bull run.
Take position for an impressive Q1 result that will reflect the impact of new assets and boost hope that debths will be repaid off one day.

But keep an eye on crude oil.
Oil stock cannot be heading to Sokoto while oil price is nosediving to PH.

SonofElElyonRet:
So your bull run is conditional upon healthy crude price

SonofElElyonRet:
So your bull run is conditional upon healthy crude price

Agbalowomeri:
Are you really asking this question? If Brent near $40 expect ASI at 65k

zendi:
In fact, if Brent drops to $50, drillers will start winding down production, given Nigera's high cost of production. There are things I refrain from uttering here, to avoid triggering panick selling.

GeneralDae:
“President Trump exempts smartphones, computers, and chips from the new tariffs on China”.

Even Trump don dey mellow.

GeneralDae:
Even $50 is not good for U.S. They are now net exporters of crude and some in the U.S oil industry have also argued they don’t want crude that low. OPEC+ members like Russia and Brazil are also lamenting low oil prices because it would affect them greatly so I believe and hope oil prices do not get to $50.

Agbalowomeri:
Are you really asking this question? If Brent near $40 expect ASI at 65k

zendi:
In fact, if Brent drops to $50, drillers will start winding down production, given Nigera's high cost of production. There are things I refrain from uttering here, to avoid triggering panic selling.

zendi:
That one is from lobbying at home.
Didn't you hear that Apple airlifted home cargo planes of phones, was it yesterday, to try and beat some of the tariff payment?
And while at that, lobbying also must have continued day and night, through Trump's many friends in Big Business.

Mpeace:
Shebi you know say somepeople buy this Oando at 90+
Abeg no cause High bp

emmaodet:
They can keep averaging down

GeneralDae:
“President Trump exempts smartphones, computers, and chips from the new tariffs on China”.

Even Trump don dey mellow.

KarlTom:
...

Agbalowomeri:
Are you really asking this question? If Brent near $40 expect ASI at 65k

delvzy:
This trade war between the US and China tends to last for a while to see who burge first.
Just look at another matter brewing in the UK, where the parliament had to come back from a recess to potentially renationalise British Steel from heading into a total collapse.

While I don't agree with some part of Trump’s tariff push but a man’s go to do what he gotta to remain as a world leader.

zendi:
In fact, if Brent drops to $50, drillers will start winding down production, given Nigera's high cost of production. There are things I refrain from uttering here, to avoid triggering panic selling.

zendi:
Oil around that price is sure recession for all oil dependent economies, so you should highlight that 'hope' again for the sake of Nigerians who don't know what is encroaching.

emmaodet:
Whatever befalls Nigeria is all her fault.
Who works in an oil. Company like shell, earning 3m per month with other income totalling 5/6m per month, yet doesn't diversity and invest part into other investment.
Rather, he is always in the club drinking to stupor, even owing the club owner debts. Owes the hotel owner debts for sleeping in 7 start hotels with his concubines, took massive mortgage for house and car just to keep showing off as a big man working with shell.
If such person is laid off after 20 years in service, it means he is a fool for not having any savings nor investment and if the children that were ignored, throw out of school for having a reckless father who comes home late, drunk and always beating their mother, not always dropping feeding money are all watching and hoping nothing befalls them when their father goes out of job, then, they are not any better.
Don't plan with Nigeria. Have your own plans

GeneralDae:
I agree Nigeria should have been diversified by now but the worries about low oil prices is not just a Nigerian thing though.
It’s a worry for all nations with oil as a major source of export except you are U.S and Saudi Arabia. Even in U.S, the uncertainty is affecting crude oil producers. The big producers like Exon with lesser operating costs may be able to cope with low oil prices but not small producers in the U.S.

emmaodet:
The whole oil and gas industry is really experiencing a cut back in finance and budget.
Many oil rigs don't run night shifts again, just day duty alone thereby dropping half workers.
Even ports have reduced so many workers and night crew and few and in some areas, none.
I observed this at kizomba alpha, bravo at block-15 at Soyo, Angola, same in Luanda sonils port, likewise cabinda.
From Congo to Gabon to Nigeria, the story is the same.
Honestly, being in the industry, I am not really bullish on the long term of the industry.

Heishere:
It has happened before. I think between 2016-2017. The industry will recover. But before then Aradel need to come down below 300.

megawealth01:
ARADEL is too expensive at current price in my own rating

Mpeace:
Don't let aradel pass you. That stock is undervalued but time only will tell.

megawealth01:
When is the dividend qualification?

megawealth01:
When is the dividend qualification?