₦airaland Forum

gabscity:
Why you no talk this thing since

iskalamong:
From a technical stand point, Oando has broken the N47 weekly resistance by closing above it today.

That's a valid break of structure (BOS), if price makes new high in the coming week without breaking the support at N40, then we are likely going higher.

That will confirm a market struture shift (change of character).

Thus, we may have seen the bottom and may be at the beginning of an uptrend.

Position trading stop loss would be below recent swing low at N35 and target above N90 mark. Entry below N50 (The lower, the better). Reward to risk is c.3:1.

All in, your rumours align with the stock's technical picture.

Disclaimer:
This is for educational purposes only and is by no means an investment advice.

Cheers 🍻

Iskalamong

.

deathwing:
Is it that we can't spell 'forecast' or what in Nigeria? I'm guessing it's a wrongly spelled category on the NGX upload portal.

Stockpromoter:
But listed in the insurance sector and volume and values added to the insurance index.
I love that.

mikeapollo:
After giving Egbetokun, a Yoruba man, an extended term as IGP contrary to the rules and law, it does not make any sense to give it to Tunde Disu, another Yoruba man, when there is someone like Frank Mba, who is very competent, articulate, credible, commands respect and confidence of the public and is not junior to the new IGP.

emmanuelewumi:
Custodian is not an Insurance company. It is called Custodian Investment

deathwing:
Is it that we can't spell 'forecast' or what in Nigeria? I'm guessing it's a wrongly spelled category on the NGX upload portal.

megawealth01:
You will look for OANDO at #100+

Take this message as an advice at your own RISK

PETERiCHY:
Of course OANDO will sell for #200


BARGAIN HUNTERS TAKE NOTE!

GeeKudi:
But you sold at N50

KarlTom:
He sold 'the bargain'.
Now he begins the hunt...

KarlTom:
He sold 'the bargain'.
Now he begins the hunt...

NSEstudent:
You go ask Surveyors wey dey write "Plan Shewing" instead of "Plan Showing"

emmanuelewumi:
It is not an insurance company. Custodian is a financial supermarket. They have a stockbroking firm, an asset management firm, insurance company, property development company and a REIT.

essentialone:
Concerning Union Dicon Salt Plc, what does NGX and SEC Rules say about a majority shareholder of a listed company, who can no longer be reached, and who may have died, or may have been lost forever?

We do not anticipate things, until they happen. Lack of proactiveness.

PETERiCHY:
Of course OANDO will sell for #200


BARGAIN HUNTERS TAKE NOTE!

emmanuelewumi:
It is not an insurance company. Custodian is a financial supermarket. They have a stockbroking firm, an asset management firm, insurance company, property development company and a REIT.

HesInMe:
Just wondering: Is that a good thing?

Ordinarily, conglomerates are punished with a discount to the fair value of the individual elements in the composite. A Jack of all trades, investors reckon, is typically a master of none.

Besides, if an investor wanted exposure to the various elements, s/he can just go to the market and buy some "pure plays": UCAP (stockbroking) + STANBIC (asset management) + NEM (insurance), UPDC REIT, etc.

megawealth01:
I will remind you when you start chasing us at 100+

Not a financial advice... Remember Wale is still in-charge

ayobama1:
And a merchant bank

emmanuelewumi:
Yes, they bought FBN Quest Merchant Bank

Investcom:
Credit
Amt:NGN25,342.20
Acc:005******835
Desc:406NIPB2606500mS/MRPSL/NEWREST DIVIDEND 21/SDNEWREST-DIV-21
Date:06/03/2026
Avail Bal:NGN