₦airaland Forum

Agbalowomeri:
What's confusing there Lol

Maybe na the way brain dey interprete am.
I actually thought it was 10% of 10k(like 0.1 of 10k. )
Until I saw the actual face value of the entire dividend.

These penny stocks can be funny sometimes.

Panadee:
Just read it this way: ₦0.10k

Yes. This is a better interpretation for my brain process
Thank you.

Is it ok to now finally say that the ENI acquisition by Oando has failed to affect its top and bottom lines? It is now 4 quarters since the acquisition.

Agbalowomeri:
Una wey understand financial engineering over to you
This na book keeping and cooking

ItGeek:
Has anyone done an analysis of CWG's performance? the numbers don't look so good.

On the contrary, The numbers looks good with half year eps standing at N1.40 from 70k in 2024. Revenue grew by 50% year on year.Profit after tax grew by about 105%. Operating expenses didn't swallow all profit this is presently a well managed company and one stock to watch.

I topped up the units i bought at N9 yesterday at N19 . I see the stock settling at N25-N30 in the medium term.

Raider76:
Is it ok to now finally say that the ENI acquisition by Oando has failed to affect its top and bottom lines? It is now 4 quarters since the acquisition.

Probably Just as someone has been saying about the Shell acquisition by seplat.
Tax issues, realignment of interest with locals for smooth operations,etc.

Probably will take a while..just saying.

chimex38:
simply be written as 10k or ₦0.1
This 0.10k dey confusing
companies n confusion.

Endorsed.

Would it be weird if I say that I am just getting to know about stock trading? Someone should please put me in the game, abeg. I need tutorial on where to start

chimex38:
Maybe na the way brain dey interprete am.
I actually thought it was 10% of 10k(like 0.1 of 10k. )
Until I saw the actual face value of the entire dividend.

These penny stocks can be funny sometimes.

Hope say you never overbudget

Vectoryoko:
Would it be weird if I say that I am just getting to know about stock trading? Someone should please put me in the game, abeg. I need tutorial on where to start

GAME

I said this and they told me I had personal issues with the company

Raider76:
Is it ok to now finally say that the ENI acquisition by Oando has failed to affect its top and bottom lines? It is now 4 quarters since the acquisition.

Agbalowomeri:
Hope say you never overbudget

lol.. Naa.
Earnings isn't that wonderful to me.
Though they somehow increased cash.

megawealth01:
GAME

Where to start from?

Vectoryoko:
Where to start from?

Start from page one here so you will understand that "once upon fundamentally sound stocks can disappear in the long term..."

Get knowledge about the rules of the game first

Consolidated Hallmark and Royalex are holding companies though listed in different sectors of NGX.

With the latest results of both companies,I expect Royalex to rise to meet consolidated or consolidated Hallmark will descend to meet Royalex @ sub N2.

Both stocks should be rubbing shoulders until another result surface which I think Royalex will break another record.

Today is Friday,let the demand for Royalex close the stock in green zone for the week.
It's really a good time for Royalex

Happy new month

JiJo mode activated

I do not know if it is just me, but I have noticed that you seem to have shifted from posting only negative news about Nigeria to now positive news. Is this a result of another mindset shift?

megawealth01:
Nigeria’s economy to outpace UK, others in 2025 — IMF

https://guardian.ng/news/nigeria/national/nigerias-economy-to-outpace-uk-others-in-2025-imf/

📄 Document Title: OANDO PLC – QUARTER 2 – FINANCIAL STATEMENT FOR 2025
📅 Period Covered: 6 months ended 30 June 2025
🔗 View Full Report (PDF)


---

🔹 H1 2025 FINANCIAL PERFORMANCE

✅ Revenue

₦799.43 billion

+67.1% increase from ₦478.45 billion in H1 2024


✅ Gross Profit

₦132.16 billion

+38% from ₦95.77 billion in H1 2024


✅ Operating Profit

₦88.01 billion

+66% from ₦52.98 billion in H1 2024


✅ Profit Before Tax

₦45.76 billion

vs ₦9.33 billion in H1 2024 (up +390%)


✅ Profit After Tax

₦32.89 billion

vs ₦6.91 billion in H1 2024 (up +376%)


✅ Earnings Per Share (EPS)

₦2.46

Compared to ₦0.52 in H1 2024



---

🔸 EXPENSES & COSTS

⚠️ Finance Cost

₦44.43 billion

Slight increase from ₦42.43 billion in H1 2024


⚠️ Administrative Expenses

₦40.8 billion

Up from ₦32.6 billion in the same period last year



---

🔸 BALANCE SHEET POSITION (As of 30 June 2025)

Item Amount (₦)

Total Assets 2.14 trillion
Total Liabilities 1.87 trillion
Total Equity 264.4 billion



---

🔸 SEGMENT PERFORMANCE

1. Crude Oil and Natural Gas

Revenue: ₦352.3 billion


2. Trading (Refined Petroleum Products)

Revenue: ₦427.6 billion


3. Energy Services & Others

Minor portion of the remaining revenue



---

🔸 CASH FLOW HIGHLIGHTS

Net cash from operating activities: Positive

Net cash used in investing activities: Mainly on capex and exploration

Net cash used in financing activities: Interest and debt servicing



---

📌 MANAGEMENT COMMENTARY (Summary)

Growth driven by higher trading volumes and improved oil market conditions.

Operational efficiency and cost control contributed to increased margins.

The company continues to restructure its liabilities and optimize working capital.

From the Oando result,you can see that Oando's liabilty is so big when compared to its asset.

That is why I always go for best managed companies because I don't have time to waste with mediocre companies.

Are there commissions or fees to be paid when a rights issue is exercised?

At the current share price, UBA is cheaper in the open market than the rights issue.

I wonder if that changes when transaction charges are considered?

ojesymsym:
I do not know if it is just me, but I have noticed that you seem to have shifted from posting only negative news about Nigeria to now positive news. Is this a result of another mindset shift?

Hope you ain't mistaken me for someone else?

ojesymsym:
I do not know if it is just me, but I have noticed that you seem to have shifted from posting only negative news about Nigeria to now positive news. Is this a result of another mindset shift?

Maybe you are confusing the handle

Mega has always been neutral

Vectoryoko:
Would it be weird if I say that I am just getting to know about stock trading? Someone should please put me in the game, abeg. I need tutorial on where to start

It's not a game. Start from a change of mindset. You are buying into the ownership of companies to share in their profits or gains if you pick rightly ( identify value) through research and learning, or losses if you don't; except by His Grace.

Invest in knowledge while using small amounts to master the ropes. Read at least ALL the previous posts of this year to understand how things flow. Pay attention to Pa Emma, he is not Pa for nothing, Agba…., yMcy, Megawealth...never get tired of his use of intentional, Sunrisepepple.. the ace of insider info, Gina/chimex...they know how to apply caution, KarlTom…our accurate time keeper with analysis as sharp as a razor, and so many others. Never buy at the top, buy when the product is cheap or not expensive. EPS/RSI will help you figure that out…. It's not called a market for nothing. Buy when the products( stocks) are on sale…just as you would on Oyigbo, Ogbete, Onitsha, Shoprite, Liverpool Street, Oxford Street, Macy's, etc.
Happy investing.

megawealth01:
Hope you ain't mistaken me for someone else?

Oh we responded at the same time Lol

Yes. H1 not really bad but the Q2 is disturbing. What could make cost of sales overshoot revenue? What sort of inefficiency is that?
I read through the report to see if they have a note of explanation for that bloated cost of sales but couldn't find any.

EDUECO:
📄 Document Title: OANDO PLC – QUARTER 2 – FINANCIAL STATEMENT FOR 2025
📅 Period Covered: 6 months ended 30 June 2025
🔗 View Full Report (PDF)
---

🔹 H1 2025 FINANCIAL PERFORMANCE

✅ Revenue

₦799.43 billion

+67.1% increase from ₦478.45 billion in H1 2024

✅ Gross Profit

₦132.16 billion

+38% from ₦95.77 billion in H1 2024


✅ Operating Profit

₦88.01 billion

+66% from ₦52.98 billion in H1 2024

✅ Profit Before Tax

₦45.76 billion

vs ₦9.33 billion in H1 2024 (up +390%)

✅ Profit After Tax

₦32.89 billion

vs ₦6.91 billion in H1 2024 (up +376%)

✅ Earnings Per Share (EPS)

₦2.46

Compared to ₦0.52 in H1 2024

GeeKudi:
Yes. H1 not really bad but the Q2 is disturbing. What could make cost of sales overshoot revenue? What sort of inefficiency is that?

You can only get mediocre performance from a mediocre/corrupt management.

https://www.youtube.com/watch?v=WgfJXf4p9fk

Stocks I'd be watching in today's trading session on the NGX

aj8:
It's not a game. Start from a change of mindset. You are buying into the ownership of companies to share in their profits or gains if you pick rightly ( identify value) through research and learning, or losses if you don't; except by His Grace.

Invest in knowledge while using small amounts to master the ropes. Read at least ALL the previous posts of this year to understand how things flow. Pay attention to Pa Emma, he is not Pa for nothing, Agba…., yMcy, Megawealth...never get tired of his use of intentional, Sunrisepepple.. the ace of insider info, Gina/chimex...they know how to apply caution, KarlTom…our accurate time keeper with analysis as sharp as a razor, and so many others. Never buy at the top, buy when the product is cheap or not expensive. EPS/RSI will help you figure that out…. It's not called a market for nothing. Buy when the products( stocks) are on sale…just as you would on Oyigbo, Ogbete, Onitsha, Shoprite, Liverpool Street, Oxford Street, Macy's, etc.
Happy investing.

Change of MINDSET 😘

Agbalowomeri:
Oh we responded at the same time Lol

E dey confuse me for SOMEONE definitely 😁

Oh really, my apologies.

megawealth01:
Hope you ain't mistaken me for someone else?

Agbalowomeri:
Maybe you are confusing the handle

Mega has always been neutral

GeeKudi:
Yes. H1 not really bad but the Q2 is disturbing. What could make cost of sales overshoot revenue? What sort of inefficiency is that?
I read through the report to see if they have a note of explanation for that bloated cost of sales but couldn't find any.

Sometime last year, they stated they were investing in AI to reduce exploration or rigging cost. They know it's an issue.
I just hope it's part of their CAPEX this year so as to increase bottom line upcoming years.

Ding

Everyday Nigeria this Nigeria that. No be only us dey Africa.
Let us breathe na.

Trump Just "like" Nigeria as a country too much.
Like chykee wey no dey gree her chyker

https://newtelegraphng.com/trump-imposes-new-15-tariff-on-nigeria-other-african-countries/