₦airaland Forum

KarlTom:
UNITY BANK 🏦

zendi:
So the new entity will emerge as 'Providus Bank', since it is Unity shares that will be converted to Providus ?

Sorry, I haven't read the long documents you posted.

zendi:
So the new entity will emerge as 'Providus Bank', since it is Unity shares that will be converted to Providus ?

Sorry, I haven't read the long documents you posted.

Ddll:
Yes

GeeKudi:
He said investment income cash flow and not net worth. I think it makes sense.

MrSamsung:
Sorry the bolded, is it annually, monthly, weekly or daily?

rmx:
For a year ?
That’s just 1.2m a month . Wow

Or its monthly

rmx:
Understood perfectly what he meant

Just felt it is was very low to be in the top 5 % in Nigeria if Monthly , on second thought with gdp par capital at 2/3k dollars maybe justified

Ddll:
Yes

emmanuelewumi:
Per annum.

The key word is investment income. Eg rent, dividend, royalties, coupon etc and not salary or trading profit.

By the time you add active income like salaries to the investment income, the total income will be far more than average

bastardson:
Is Oando a buy at 48?

Na the money wey I wan use for Chams I dey plan put inside

bastardson:
Is Oando a buy at 48?

Na the money wey I wan use for Chams I dey plan put inside

zendi:
Beauty is in the eye of the beholder.

To one bargain hunter, a buy.
To another, a falling knife.

Your DD.

zendi:
Beauty is in the eye of the beholder.

To one bargain hunter, a buy.
To another, a falling knife.

Your DD.

mikeapollo:
Before you buy, consider these questions/factors:
i. Do you have the appetite for the risk that Oando carries?
ii. Do you appreciate the potential future prospects and value of the company?
iii. Are you willing to wait for the long term (possibly more than 6 months and in 1 year)?

Not buy/sell advice.
DYOR

Note:
I cannot advise a newbie or inexperienced fellow to buy Oando at the moment because of its peculiar situation, even though I am bullish on it.

rmx:
10k$ a month should put you in the top 1% in Nigeria

SonofElElyonRet:
Otuocha soro

mikeapollo:
I dey fear for you oooo.
The guts that you have to pick on our Oando ''Prophet'' is amazing!

SonofElElyonRet:
Market is red

SonofElElyonRet:

He recently picked on Ellah too nawu

Agbalowomeri:
Una don chop belleful na

Make market drink some blood for sacrifice

bastardson:
Thanks a lot, although I ain’t a newbie. Lol

I have avoided Oando for a while, same way I would never touch Ellah Lakes even if it goes to 50. The TA just doesn’t sit well with me.

My target entry for Oando is actually 37 based on my DD.

But no one can tell

megawealth01:
And what if it goes below?

zendi:
The name will be a welcome refreshment.
Unity Bank was not very popular with the banking public.

mikeapollo:
Anything can happen. Let Oando even go down to N20, so that the ''big hunters'' can ambush and hunt it down for a huge kill.

crownprince2017:
Agba good stock no gree deeper, they just they commot small small change, when will they red heavily abeg, some loot available for replanting.

emmanuelewumi:
Are you trying to say 2 million Nigerians make an annual investment income of $120,000 or N180 million per annum.

I don't think that is possible.