₦airaland Forum

SonofElElyonRet:
Wetin concern you with their private correspondence, Mr "Shorboryorkay"?

EDUECO:
See 2 members of the email ga.ng

Make we start to dey expose them here.

Wetin una want discuss wey una no fit discuss fo here ,if not be monkey hunting?

EDUECO:
You no hear say na the email correspondence people dey plan how dem go take pump and dump stocks of mediocre companies?

Zagee:
AI is revolutionizing upstream operations. From autonomous drillers to intelligent coil tubing operations.

Which one did they implement?

SonofElElyonRet:
You have no evidence of this. Not nice to attack people's reputation without hard evidence

pluto09:
There is need for us to exercise restraint in throwing accusations around.
Yes, we have people with ulterior motive around here but those two you quoted are not in that category .

ositadima1:
I’m buying 75,000 units of DangCem tomorrow. I'm dreaming of ₦800. I sold my entire position in total last week. Where’s that guy who tracks Level 2 data? You’ll see the 75k block live tomorrow.

EDUECO:
You're probably a part of this email group?

ositadima1:
I’m buying 75,000 units of DangCem tomorrow. I'm dreaming of ₦800. I sold my entire position in total last week. Where’s that guy who tracks Level 2 data? You’ll see the 75k block live tomorrow.

EDUECO:
See 2 members of the email ga.ng

Make we start to dey expose them here.

Wetin una want discuss wey una no fit discuss fo here ,if not be monkey hunting?

ositadima1:
I’m buying 75,000 units of DangCem tomorrow. I'm dreaming of ₦800. I sold my entire position in total last week. Where’s that guy who tracks Level 2 data? You’ll see the 75k block live tomorrow.

9free:
Lol.......For more jokes, text NSEMPA to 111

SonofElElyonRet:
Wild unfounded allegations. Type responsibly and not childishly

EDUECO:
You think you can gaslight me?

purity2all:
You don't just throw accusations like that based on assumptions. @ymcy and @ aje are valuable members of this forum. Calling them out on the basis you did is totally wrong.

EDUECO:
Another one from the email cell group!

Valuable in marketing the stocks they're about to sell?


Una think na only una wise?

EDUECO:
You think you can gaslight me?

EDUECO:
Alright Pluto Presido
I talk am, dem email gangs done dey come out from their hole small small.

ProphetUtuocha:
So much noise on Oando, but what do we decipher from their recent data?

A fair value analysis based on Oando PLC’s unaudited H1 2025 financial results (for the six months ended 30 June 2025):

0-1Revenue was ₦1.72 trillion (~US $1.12 billion), down ~15% year‑on‑year, mainly due to softer trading volumes and lower realized prices  .

299-0Upstream production surged by ~63% YoY to ~37,012 boepd, supported by integration of NAOC assets, higher uptime, and revamped facilities  .

474-0Gross profit declined 28% to ₦59 billion; operating loss hit ₦158 billion despite net profit of ₦63 billion, boosted by a sizable tax credit and strong finance income (~₦159 billion finance income; ₦209 billion tax credit)  .

735-0Profit‑after‑tax stood at ₦63 billion, essentially flat YoY (~₦62.6 billion in H1 2024)  .

📊 Valuation & Fair Price Estimate

1. Earnings Power

H1 PAT ≈ ₦63 billion → Annualize to ~₦120 billion (assuming H2 performance rebounds).

If the full‑year 2025 profit reaches ₦150 billion (given upstream gains and turnaround from H2), and assuming 2 billion shares outstanding, EPS ≈ ₦75/share.

2. P/E Multiples & Comparables

Nigerian energy peer group typically trades between P/E 8–12×.

Applying P/E of 10→ fair value ≈ ₦750/share; at P/E 8→ ₦600/share; at P/E 12→ ₦900/share.


3. Asset‑Based / DCF Sketch

Upstream reserves ~983 MMboe → long‑term value, especially with expansion into Angola.

Capex guidance of $250–270 million for H2 and drilling; if production rises beyond 40k boepd and oil price stays strong, cash flow improves meaningfully.

Simplified discounted cash flow (very rough): if free cash flow stabilizes at ₦200 billion/year (~US $160 million) with WACC of 12%, a perpetuity value ≈ ₦1.67 trillion → per share fair value ~₦830 (assuming ~2 b shares).

🔍 Summary Fair Value Range

Method Estimated Value (₦/share)

P/E = 8× ~600
P/E = 10× ~750 (central estimate)
P/E = 12× ~900
Simplistic DCF ~830
Implied fair range **₦600–900 per share**

🚩 Key Risks & Considerations

AGGRESSIVE tax credits and finance income distorted H1 earnings; H2 may not repeat that boost.

Volatility in global oil prices, FX rates, and downstream trading margins could swing actual profits.

862-15Balance‑sheet concerns: equity had negative retained earnings at H1 (summed group Equity ≈ ₦−270 billion)  .

Capital restructuring and debt conversion plans are underway—these may dilute existing shareholders or alter capital structure.

✅ Bottom‑Line Estimate

If H2 execution picks up and trading improves, ₦700–800 per share seems a reasonable fair‑value midpoint today. A conservative stance using a modest P/E of 8 yields ₦600, while a more optimistic surprise or smoother H2 execution justifies nearer ₦900.

crownprince2017:
a N314.91 million net monetary
loss in line with IAS 29 was reported as a result of the hyperinflationary
environment in Ghana. However, it was an improvement to the
N756.60 million loss reported in Q1’25, reflecting moderation of
inflation in Ghana


Can someone please help me interpret the above statement I got from Cardinalstone analysis of presco.

I want to make sure we on the same page

Joyful365:
OandO will need additional or around ₦12 trillion+ inflow of equity from shareholders at its current ₦53 to reach a share price of ₦900. This doesn't look likely in the next 7 years.

ositadima1:
I’m buying 75,000 units of DangCem tomorrow. I'm dreaming of ₦800. I sold my entire position in total last week. Where’s that guy who tracks Level 2 data? You’ll see the 75k block live tomorrow.

Joyful365:
OandO will need additional or around ₦12 trillion+ inflow of equity from shareholders at its current ₦53 to reach a share price of ₦900. This doesn't look likely in the next 7 years.

Valthegreat:
On a serious note @ymcy and @Aj8 do not deserve that tag at all. They are very valuable members of this group who give all they know for free without holding anything back. Please withdraw their names from the call out, we don't want them to feel bad.

megawealth01:
Presco still lost money because of inflation in Ghana, but the loss was much smaller than in the previous quarter, which is a positive sign indicating that the inflation problem in Ghana is not as bad as it was earlier in the year.