₦airaland Forum

cocolacec:
reversing

Locotrader:
Wow but N2+ naira is not negotiable.

Can I shock you more

Loco bought 1m units of Royalex this morning at 1.55

E shock you?

kintus:
Cashout don happen. Bag holder will have to wait for another rally to offload .

Raider76:
Probably normal bargain Hunting. Most of the bids are @ N93 and below.

Mpeace:
Sugar is rather falling. If there is any news, It might not be food

Locotrader:
Wow but N2+ naira is not negotiable.

Can I shock you more

Loco bought 1m units of Royalex this morning at 1.55

E shock you?

STNWAUME:
in streetinvestors voice Oando Kpakus don cast

Sunrisepebble:
Waiting for it at 40, I also want to do JIJO

kintus:
No trace of 1M trade executed at N1.55.

Pls, clarify

zendi:
TIP is at 15 today.
If man could see the future.

But now, I saw another post in which you were reporting your discovery that DEAP is the core investor in TIP.

Does it not make sense to expect whatever had been happening in TIP to also rub off on DEAP, perhaps to be reflected in the next DEAP quarterly report?

With the level of interest in DEAP if it releases a good result, nobody will see it to buy, no matter how little is the turnaround.

Just speculating .

Streetinvestor2:
The difference btw us and them is we don't lie when we talk about oando
1.We don't lie thr is a fish farm that don't exist
2 We don't lie to hide the farm location even when we are in benin
3 We don't lie about the true size of th cultivated palm farm
4 we don't lie about 3 tonne oil mill that has no video anywhere.
5We don't lie about head office even when someone here has gone to confirm
6 we don't lie that the 250 billion has already been raised which was not so at egm
7 we don't create lies connecting 250 billion by presco to 250 billion by kpakus
8.We don't lie to convert personal, children, relatives,friends loan at #2.8 to come to egm to just stamp it.
And we don't lie about holdings to support the whole previous lies. We like evidence

The results is coming this Month. What lies will you guys be defending that will be in the results.
I expect you guys to claim that it is how presco and okumu started.
That you told people to put patient fund
That they want to buy ada farm in my state.

Oando results may be bad but they generated revenue. Kpakus does not generate revenue abi they made 68 millions. The ceo, his family, friends and village people are all giving loan to the business to be converted to equity.
What value did he real bring in 2019 that 1.88 billion shares was created for him.

I don't want to talk much till kpakus result comes out this month. You guys should start filling the lies to defend it soon..lol

Streetinvestor2:
The difference btw us and them is we don't lie when we talk about oando
1.We don't lie thr is a fish farm that don't exist
2 We don't lie to hide the farm location even when we are in benin
3 We don't lie about the true size of th cultivated palm farm
4 we don't lie about 3 tonne oil mill that has no video anywhere.
5We don't lie about head office even when someone here has gone to confirm
6 we don't lie that the 250 billion has already been raised which was not so at egm
7 we don't create lies connecting 250 billion by presco to 250 billion by kpakus
8.We don't lie to convert personal, children, relatives,friends loan at #2.8 to come to egm to just stamp it.
And we don't lie about holdings to support the whole previous lies. We like evidence

The results is coming this Month. What lies will you guys be defending that will be in the results.
I expect you guys to claim that it is how presco and okumu started.
That you told people to put patient fund
That they want to buy ada farm in my state.

Oando results may be bad but they generated revenue. Kpakus does not generate revenue abi they made 68 millions. The ceo, his family, friends and village people are all giving loan to the business to be converted to equity.
What value did he real bring in 2019 that 1.88 billion shares was created for him.

I don't want to talk much till kpakus result comes out this month. You guys should start filling the lies to defend it soon..lol

Raider76:
As I said before Oando is the perfect JIJO stock. Both the company and its faithfuls have the habit of pumping the stock with wild optimism and "future looking statements." Then suddenly the company has to release the inevitable marginal, bad or outright suspicious results and we are back to some support level.

Mpeace:
Seplat has provided opportunity for those that bought high but want to leave. 5,700

Revibe:
My Elders what's your take on Access Bank?

SonofElElyonRet:
If to say man fit see future, I for don buy TIP with all my money at N2.. this stock is on fire.. was Japaul's "price paddy" not long ago

yMcy56:
These Oando investors won't kee people for this market.... 😁
You all shouldn't forget that they're coming to the market anyway.....
They'll pump the price to their desired junction once ready...
We are just waiting for AGM on 12th and the likely market price for the fund raising....

The bids on offer aren't that much anyway, except panic sellers starts joining....
I felt the company is deliberately doing some things concerning the result, result looks deliberate, they are gamers.....

GeeKudi:
Isn't it very obvious? How can you claim such humongous cost of sales totally wiping off your entire revenue without any explanation? Na only you dey drill oil for naija?

Agbalowomeri:
We are waiting at N500

Sunrisepebble:
Waiting for it at 40, I also want to do JIJO

mikeapollo:
Those huge costs of sales are not from the drilling costs (E&P segment) .
They are mostly costs of sales from the trading segment (i.e. the cost of crude purchases), which usually produces losses or very low margins for Oando.

The negative gross margin might have been caused by the combined effect of very little drilling activity (E&P) an higher losses from trading activity in Q2

zendi:
No enter overweight oo, or you no go fit jump out of the bus sharply if ogogoro and weed begin worry the driver.

chimex38:
Hmmm.. Cost of Crude purchases
Could it be part of shipping agreement cost which they signed; an MOU with NNPC and the Saudis much earlier in the year to ship crude as middle men to the Arabs preferred global destination?

yMcy56:
WEMA @24
FIDELITY @21.40
ACCESS @28.35

WEMA forcing ACCESS to shake body small small....
Let's see if WEMA will catch up with ACCESS....

It's FIDELITY we were thinking would do the catch-up, but WEMA came from behind and showing muscle 💪 😁

FCMB when?

mikeapollo:
I didn't follow up much on the MOU with NNCP/S. Arabia for crude sales, so cannot tell.

zendi:
No be you say you be giant of Africa?

Giant's head, giant headache.