₦airaland Forum

GeneralDae:
Hmm

Sunrisepebble:
The amount of money Oando, Aradel and Seplat are going to make in Q3 no be here

Sunrisepebble:
The amount of money Oando, Aradel and Seplat are going to make in Q3 no be here

jonnysessy:
Locotrader moves brought back with nostalgia a James Hardley Chase titled " Believe this, you believe anything "

Lesson learnt: Do your due deligince before you part with your hard earned money.

Agbalowomeri:
Lol you dey trust Loco mouth with your hard earned money 😂😂😂
Wahala be like......

Streetinvestor2:
They should block it for just 3 months make we check something.

Na seplat go hammer pass

Mpeace:
Seplat money na FG money. The way FG dey tax Seplat ehh I just wonder whether we buy the ExxonMobil asset for them.

Sunrisepebble:
🤣🤣🤣

Streetinvestor2:
Bros no allow food choke me...lwkd.
So fg don turn the money from them to another forex gain by banks join.

Mpeace:
How else do we explain Profit before tax of 207 billion (over 1000% increase) turn to Profit after tax of 23 billion (just 200% increase)

Out of the 207 billion profit Seplat made in q1 FG took 184 billion while Seplat took only 23 billion.

megawealth01:
I think Trump is deliberately trying to lower U.S. oil prices to keep inflation low, which will help secure rate cuts.

Thus, the wealthy individuals are waiting for Iran to strike again, bringing their usual chaos to oil, leading to a price surge and triggering inflation in the USA, making rate cuts impossible. Consequently, all stocks will plummet.

They're waiting for that strike to happen, stocks falls, they enter the market. But I doubt if Trump will permit that.

Stocks here is basically US STOCKS not NGX as NGX plays another league

Mpeace:
How else do we explain Profit before tax of 207 billion (over 1000% increase) turn to Profit after tax of 23 billion (just 200% increase)

Out of the 207 billion profit Seplat made in q1 FG took 184 billion while Seplat took only 23 billion.

mikeapollo:
It was reported in the FY2024 accounts that Oando had settled $400m out of the $525m loan it obtained from Afrexim bank.
If they are able to maintain and continue with the trend and pay off the loans consistently, nothing will stop Oando from bouncing back .
The main problem is the indebtedness
Anyone that wants to sell off can do so but just leave some units there because it will bounce back big.

222Martins:
For anyone looking for a quick 100% capital appreciation, there is one last golden opportunity.

What does Nigerian Brewery, Champion Brewery, International Brewery, MTN and Cadbury have in common? They all came out of losses in either their Q4 2024 or Q1 2025, and they have all done over 100%+ in the short-term.

There is only one major company left to follow the trend and that is Dangote Sugar. Kindly do your own due diligence as this is neither financial advice nor a stock recommendation.

mikeapollo:
Yes, that shows they have the capacity to pay back and the business is viable.
No bank would give such new loans to a business without due diligence and some level of assurance that the business can pay back.
Oando will overcome the indebtedness butbit msy tskevdone time. Some loans were obtained fromtheir customers so will be setttled by sales of crude to them.

Agbalowomeri:
Maybe the company owes unremitted tax before

wanaj0:
The same FY2024 that the external auditor stated clearly that the going concern of OandO is in doubt?

wanaj0:
President of Afrexim is a Nigerian.

More importantly I think Fitch rating has downgraded Afrexim. That says a lot

The auditors opinion about OandO was VERY CLEAR.

222Martins:
For anyone looking for a quick 100% capital appreciation, there is one last golden opportunity.

What does Nigerian Brewery, Champion Brewery, International Brewery, MTN and Cadbury have in common? They all came out of losses in either their Q4 2024 or Q1 2025, and they have all done over 100%+ in the short-term.

There is only one major company left to follow the trend and that is Dangote Sugar. Kindly do your own due diligence as this is neither financial advice nor a stock recommendation.

zendi:
Chai, Nsempa no go kee pesin wit conspiracy theories.

So, maybe Netanyahu is an Oil Trade Monkey Hunter who started bombing Iran to pump up his Oil Trade JIJO.

EDUECO, what do you think ?
You sabi catch the MHs well we'll

pluto09:
I don't want you to go back into hibernation mode again sir.
Your position on OandO will open you up for a serious attack.
People who don't know you will start saying you are badmouthing the company so that the price can fall for you to buy OandO at cheaper price.

wanaj0:
President of Afrexim is a Nigerian.

More importantly I think Fitch rating has downgraded Afrexim. That says a lot

The auditors opinion about OandO was VERY CLEAR.

Pennystockwarri:
Here's a rundown of stocks I'd be watching in the coming week.


https://www.youtube.com/watch?v=1Y76MHEvrQY

wanaj0:
The same FY2024 that the external auditor stated clearly that the going concern of OandO is in doubt?

EDUECO:
This is not about making money from oil.

Netanyahu and Trump are trying to bait China into the conflict. I know Xi Jinping can't fall for it.

SonofElElyonRet:
Hi. Can you guys reach out to JapaulGold and see if we can have the same kinda engagement with them that we had with Ellah on X ?

Mpeace:
The are not owing the FG. They are being taxed at 85% of profit.

They need FG approval to transition to the PIB where they will be taxed at 65% of profit. I don't see FG giving such approval soon.

Either way, the tax is too much.