₦airaland Forum

mikeapollo:
An integrated energy company is one that operates in the upstream (exploration & production), midstream (refining) and downstream (distribution) sectors of the oil and gas value chain.
The ''integrated energy company'' may be a cliche that most Nigerian oil companies like to use for PR & marketing (like how individuals make use of titles), but it could never have been a truly integrated energy company without operations in the E&P sector.
I am talking about substance rather than form.

emmanuelewumi:
The ConocoPhillips transaction was an upstream asset

NettyNelly:
You can't totally judge with CCC, there may be reasons why Receivables for Eg is growing faster, which you may not be able to know, except you speak with the CFO.

Take Mecure for Eg. They have had an unloved CCC in since last year, but when you speak with the management you will get a better picture.

mikeapollo:
Conoco Philips was acquired in 2014 (if I'm not mistaken), and that is when Oando's struggles began, when they ventured into the Upstream business as I already mentioned in my earlier post.
As a Downstream company, they paid consistent dividend of:
i). N3 per share for 2008 to 2011;
ii).N4 per share for 2007
iii). N2-N2.50 consistently for 2001-2006.

There was a special dividend of N6 in 2008

EDUECO:
Tell your dad to meet a good stockbroker so that he can dematerialize(digitalize) the share certificate.

You see why it is good to buy a good company.

mikeapollo:
Conoco Philips was acquired in 2014 (if I'm not mistaken), and that is when Oando's struggles began, when they ventured into the Upstream business as I already mentioned in my earlier post.
As a Downstream company, they paid consistent dividend of:
i). N3 per share for 2008 to 2011;
ii).N4 per share for 2007
iii). N2-N2.50 consistently for 2001-2006.
There was a special dividend of N6 in 2008

Oando was not an ''integrated energy company'' before they acquired Conoco Philips. They became after the acquisition.

emmasoft:
First, your dad needs to open a stock/cscs account with a broker. To make the transfer easy, you can also open an account with the same broker. Then, send the share certificate to the stockbroker for the demat process. Demat is the process of digitalizing the paper certificate and also other holdings that the certificate may not be available will all be deposited in his cscs account. With that done, he can do a transfer/a cross deal with you for you to have the shares in your cscs account.

Click the 3rd link on my signature to open cscs account for free with Investment One Stockbrokers.

emmanuelewumi:
11 years or 2 business cycles is more than enough to see the effects of the acquisition on the bottom line, as earlier said some of us on SMN ie StockMarketNigeria though that would be the game changer unfortunately that never happened .

Anyway the motto of the company is "Oando the future". The future is endless and the future is pregnant

KarlTom:
The share certificates should not be mandatory IF:

1. the deceased had only one stockbroker. Simply reach out to them for the dematerialization.
2. the deceased had CSCS online access. If not, you can create one if you have their CHN and CSCS account number.

However, if the holdings was all analogue, you'll have to do a search on the sec website for unclaimed dividends to ascertain the shares held.
The details you extract, will be used to contact the registrars.

You need to realize that the LA has to reflect ALL the shares held.
That means you have to update the LA after you have gotten the list of shares held.
Also, for you to be given attention, you have to be an administrator of the estate.

@ the bolded
Yes I have.
I didn't have to submit any share certificate because the deceased had only one stockbroker and an active CSCS online access so it was quite easy 😊

megawealth01:
Oando don big pass this market. In only in Oando because of JAGABANomics

Mpeace:
They are being mischievous. If you go to the registrars yourself they will give the real requirement. You don't need share certificates. It's been phased out.

Agbalowomeri:
Village people have tied the belle

pluto09:
Many of the stocks you bought are good but you might have bought at the wrong time.
Advising you on what to do might be difficult as no one knows the future.
If the market continues with the bullish run,then you will be fine.
On the other hand if bears rear its head it might be a long journey.
If you have come to the market last year and bought those shares,you probably by now be feeling like a pro.....Luck is a big factor in this game.

NajibatAde:
Thank you very much. We have started working on it based on your advise

megawealth01:
This new set of investors no get chill oooooo

But insurance sha

hallysonia:
This question came right in time.

Currently, all my portfolios except Jaiz are red. Even the Jaiz self has reduced in return.

I have the following (with current return at -2.0% of the total money invested):

ABCTRANS bought at 5.42 - bought because I read a positive new about the company.

ARADEL bought at 528.53 - bought because the value is close to all-time low and based on technical/fundamental analysis

DS bought at 63.62 - bought because it is increasing, but didn't sell because it still has a strong fundamental

JAIZ bank bought at 4.53 - bought because I believe the bank will do well in the future

BUA Cement bought at 178.25 - ought because it is increasing. I didnt realize it was close to all time high

TRANSCORP bought at 52.70 - bought because it has a strong fundamental.

My plan is starting with 1.2million, but I have realized that these would turn into dust if care is not taken. How I wish I had read some previous conversion before making my investment decision.

Pa Emma, I was touched by your statement about "smart people learn from expert experience and those who want to learn from personal experience will suffer the most." Not that I'm learning based on my personal experience, but I can't factor out the fact that a 3 weeks old potential investor like me should be very patient. That I have money does not mean I have to make a wary investment decision.

megawealth2, come to my aid, edakun. You once said something about POVERTY and PROUDNESS. I am not proud o.

Streetinvestor2, nosa2, EDUCO, and others. E help wa.

PS:
1. I am potential investor, not really a trader. Currently running my PhD (Maths and Stat) in graduate school, so I don't have time for daily trading.
2. I am not interested in an interest based banks, breweries industries, gambling/lotto industry as well.

Apology for my brevity in typing..
Ali

emmanuelewumi:
Access Bank stock price 15 years ago

CooldipoMPS:
What is your recommendation for those of us that are holding the bag for insurance stock, cut the loss buy selling and possibly buy back later or continue to suffer loss and hope for a rebound?

Mfunkynation:
Good morning Uncles and Auntie, please why can I buy or sell Jaiz bank shares via Morgan Capital?

Mpeace:
Insurance pple don start again. I see Aiico on full bid

emmanuelewumi:
Presco stock price 15 years ago.

yMcy56:
If your purpose in NGX is not for MMM or CBEX, then just be patient.
NGX is not for get rich quick biz and if you continue to listen to every comment, especially negative comments here, then you won't invest.
If na crypto you want, just know you can't find it in NGX.

chigozie69:
Good morning house, pls is this the app of Morgan capital on playstore

chigozie69:
Good morning house, pls is this the app of Morgan capital on playstore

Ginalex:
That was how Dangsugar touched 51.35.. I say make I pick small and continue to observe movement