₦airaland Forum

yMcy56:
The resilience of The Elephant!
Just vexing anyhow...
That's how OANDO will dominate market when Wale and Ocean & Oil are ready....

Closed to 200M units done so far.....with around N18bn in transactions

Mpeace:
Abeg let us know the destination. My bus stop dey just before that place

crownprince2017:
This one wey oando don almost send on exile..

searchng4love:
hmmmmmmmmm at least agbalowomeri will rest

Agbalowomeri:
I am sure the big boys have seen Q2 EPS at N15

See how dem scoop all offers Lol

Some people made 20% today alone

AwesomeJ come out o with your loot o

Mpeace:
Abeg let us know the destination. My bus stop dey just before that place

Agbalowomeri:
Na firstbank do over 200million units o no be Oando

Agbalowomeri:
Na firstbank do over 200million units o no be Oando

yMcy56:
First Bank, all offers cleared !
Closed @95.95

When OANDO is ready, that one even easy...
You know why? Higher % of the OS is domiciled with Ocean and Oil and some other institutional investors/Companies....
Only around 32% owned by minority shareholders...
So, moving it shouldn't be that difficult.....compared to FBNH with humongous OS...
If FBNH can do it, OANDO should be able to do it much better . 😁

ositadima1:


This one was easy. Look at the billions being traded, yet the stock still didn't close in the red. Like I said, ₦100+ is coming for FIRSTHOLDCO.

Some people have now changed their tune, from calling for -20% to now talking about +20%. Others are congratulating people who sold, when another 15% to 20% upside is still very likely. Lol

yMcy56:
First Bank, all offers cleared !
Closed @95.95 ..... With +10%!!
Around N21bn staked today....

When OANDO is ready, that one even easy...
You know why? Higher % of the OS is domiciled with Ocean and Oil and some other institutional investors/Companies....
Only around 32% owned by minority shareholders...
So, moving it shouldn't be that difficult.....compared to FBNH with humongous OS...
If FBNH can do it, OANDO should be able to do it much better . 😁

Raider76:
I don't believe share price is of interest to the owners of Oando. They are making their money elsewhere.

KarlTom:
Mention my name please...

Agbalowomeri:
It is their desire that Oando remains unprofitable on paper

ositadima1:


This one was easy. Look at the billions being traded, yet the stock still didn't close in the red. Like I said, ₦100+ is coming for FIRSTHOLDCO.

Some people have now changed their tune, from calling for -20% to now talking about +20%. Others are congratulating people who sold, when another 15% to 20% upside is still very likely. Lol

Agbalowomeri:
It is their desire that Oando remains unprofitable on paper

Raider76:
I don't believe share price is of interest to the owners of Oando. They are making their money elsewhere.

megawealth01:
It's weekend again. Those planning to report me oya food don set oooo

🔴 BREAKING: Iran for the first time acknowledges "attacks on power infrastructure" while asking people to use less electricity.

Baby TRUMP testing mic

Let's see how the stock exchange markets react in the coming week

Raider76:
I don't believe share price is of interest to the owners of Oando. They are making their money elsewhere.

mikeapollo:
This will affect the price of oil, the profitability of oil companies, especially crude exporters like Aradel, Oando, Seplat.

I don't understand why these Iranian govt want to play to the gallery until the country is ruined on top of nothing!? Some wars are not worth it especially if you will surely be at the losing end.

yMcy56:
I want to believe they have a game plan....

Another issue I think is causing the current situation is the share bonus issue....
Only 1st tranche was allotted..
This year, we haven't heard about the phased distribution, so this is greatly suspected to be the setback to the capital raise and share price in market...

Left to me, they shouldn't distribute the remaining shares (around 2.9 bn units or so), let the Management look for institutional buyer to sell to and use the proceed, as well as some part of the profits to offset part of the outstanding debts...
Then come to the market to raise more funds.....
We'll see tremendous turnaround...
This is my naive opinion though

yMcy56:
I want to believe they have a game plan....

Another issue I think is causing the current situation is the share bonus issue....
Only 1st tranche was allotted..
This year, we haven't heard about the phased distribution, so this is greatly suspected to be the setback to the capital raise and share price in market...

Left to me, they shouldn't distribute the remaining shares (around 2.9 bn units or so), let the Management look for institutional buyer to sell to and use the proceed, as well as some part of the profits to offset part of the outstanding debts...
Then come to the market to raise more funds.....
We'll see tremendous turnaround...
This is my naive opinion though

yMcy56:
I want to believe they have a game plan....

Another issue I think is causing the current situation is the share bonus issue....
Only 1st tranche was allotted..
This year, we haven't heard about the phased distribution, so this is greatly suspected to be the setback to the capital raise and share price in market...

Left to me, they shouldn't distribute the remaining shares (around 2.9 bn units or so), let the Management look for institutional buyer to sell to and use the proceed, as well as some part of the profits to offset part of the outstanding debts...
Then come to the market to raise more funds.....
We'll see tremendous turnaround...
This is my naive opinion though

Agbalowomeri:
If Wale explain something to you and you understand it, you deserve an award

mikeapollo:
You think so?
I suspect the price would get some boost shortly before(preferably) or after they consummate the new capital raise.

Streetinvestor2:
No the first and second trench has been released. Check your cscs account
It is 2nd phase and 3rd phase that is pending
The first phase came with two allotment which second allotment happened this yr as first was last yr

Streetinvestor2:
Oga the allotments for phase one has been completed this yr.i got both allotments for phase one