₦airaland Forum

The biggest deterioration is actually here: Gross margin(2025) 65.8 / 932.6 ≈ 7.1%, (2026) 30.4 / 989.5 ≈ 3.1%

They lost more than half their gross margin.

KarlTom:
OandO Q1 '26

https://doclib.ngxgroup.com/Financial_NewsDocs/47731_OANDO_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_JULY_2026.pdf

Clap for Admin Expenses

I used to pride myself as a contrarian but Oando has changed that seemingly wrong perspective today. I acquired in the morning and I sell in the afternoon 😀😀😀

megamart247:
OANDO journey to #15 has commence,

JAPAUL Q1 '26

https://doclib.ngxgroup.com/Financial_NewsDocs/47735_JAPAUL_GOLD_AND_VENTURES_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_JULY_2026.pdf

Thank you for your feedback, this would be looked into

chimex38:
"Trailing P/E is now ~30x (H1 annualized)",
"well above the ~0.5x implied a year ago".


I don't think the above statements are correct from your website.
P/E of x30 is H1 only NOT H1 annualized.

I don't think TIP was at x0.5 PE as at this time last year.

Streetinvestor2:
Who told you that it is adding to any health issues for those drinking responsible.
Is those companies producing soft drinks not adding more to health problems. The sugar in them is doing more harm to larger population
Abi they are now playing religion politics with breweries in nigeria

You're right that sugary soft drinks also contribute to health problems like obesity, diabetes, and tooth decay, and many countries have introduced sugar taxes for that reason. There has been an effort to introduce it Nigeria also.

Even if many people drink responsibly, alcohol as a whole is associated with liver disease, certain cancers, accidents, violence, and other health and social costs.

Research has shown that no level of alcohol consumption is healthy.

The tax is aimed at those aggregate costs, not at claiming every drinker is unhealthy.

Irrespective of results, though, the market remains poor. August may just go the way of June.

No mention of gold processing here. But a good result not withstanding. Hopefully, Q2 will be better.

KarlTom:
JAPAUL Q1 '26

https://doclib.ngxgroup.com/Financial_NewsDocs/47735_JAPAUL_GOLD_AND_VENTURES_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_JULY_2026.pdf

MODESTY2024:
Not just that, there is politics around governments handling. Opposition figure PO is invested there. All his associated businesses are prime targets to be frustrated.

It's possible but can't really say without evidence

They already said production commences in Q3.

Jaakay:
No mention of gold processing here. But a good result not withstanding. Hopefully, Q2 will be better.

OANDO Q2
https://doclib.ngxgroup.com/Financial_NewsDocs/47734_OANDO_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_JULY_2026.pdf

If that is their intention then they would not dip their hand into retained earning for interim dividend

deathwing:
Why is it a mistake? If people sell off, the Chinese would probably buy more.

Wale my guy

Beta Glass Plc been acquired by Emerald Holdco

And the beat goes on...

Please contact your Broker, if you have Beta Glass shares, for details.
.

I can't believe this .FBNH had overtaken my Zenith Bank.

It is almost rubbing shoulders with GTCO.

Can anyone explain to me in simple plain language what is happening. This because I just can't comprehend.

I read that if otedola acquires 30% of first bank shares, he can make an offer to buy out shareholders. Is that the plan? He's now at 25%

thebargainhunte:
OANDO Q2
https://doclib.ngxgroup.com/Financial_NewsDocs/47734_OANDO_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_JULY_2026.pdf

What is this again ?

Other companies in this sector viz : Seplat, Aradel, Conoil, Total and even Eterna posted better results. What is really happening with Oando ?

Otedollar and first bank is a classical example of follow the money 💰.

when a dollar billionaires enters a stock and start accumulating there is no way the share price won't skyrocket.

Whether it is sustainable is another ball game but this is for sharp traders to make easy money.

First Bank will surely top all banking stock in Nigeria sooner than later. From 35 to 130 in one year.

The good news is that it will drag my darling Zenith as it flies.

jonnysessy:
What is this again ?

Other companies in this sector viz : Seplat, Aradel, Conoil, Total and even Eterna posted better results. What is really happening with Oando ?

Seriously l am overshocked

Jaakay:
No mention of gold processing here. But a good result not withstanding. Hopefully, Q2 will be better.

You can deduce that from their cash flows statement as PPE Capital Work in Progress (CWIP) in Mining..which can still be in progress and mind you that was in Q1 ...and they promised Q3

purchasing property, plant, and equipment (PPE) and funding Construction Work in Progress (CWIP) for mining means investing cash to build, acquire, and install custom-made heavy machinery, processing plants, and site infrastructure needed to extract and process solid minerals like gold

He wanted to delist, y'all said no. Now, frustration will make everyone willingly surrender their holdings.

jonnysessy:
What is this again ?

Other companies in this sector viz : Seplat, Aradel, Conoil, Total and even Eterna posted better results. What is really happening with Oando ?

SonofElElyonRet:
I read that if otedola acquires 30% of first bank shares, he can make an offer to buy out shareholders. Is that the plan? He's now at 25%

There is only one solution. If you can'tbeat them you join them.

I guess i have no other choice but to gradually start buying FBNH gradually. Today is gone already, I will have to start buying in tranches as from August. The daily volume and price appreciation is crazy. Something is really cooking. Just have to be part of it.

GeeKudi:
He wanted to delist, y'all said no. Now, frustration will make everyone willingly surrender their holdings.

Oasisblue:
The biggest deterioration is actually here: Gross margin(2025) 65.8 / 932.6 ≈ 7.1%, (2026) 30.4 / 989.5 ≈ 3.1%

They lost more than half their gross margin.

Now I know those that want to kill our Peterichy.

jonnysessy:
What is this again ?

Other companies in this sector viz : Seplat, Aradel, Conoil, Total and even Eterna posted better results. What is really happening with Oando ?

Cowboy is our milk

jonnysessy:
I can't believe this .FBNH had overtaken my Zenith Bank.

It is almost rubbing shoulders with GTCO.

Can anyone explain to me in simple plain language what is happening. This because I just can't comprehend.

Too much money entering the stock at the same time , if this continues it will touch 150 soon. Once the whales leave the market it will crash back unless they offer fantastic dividend to sustain it which the dividend policy is already pointing to.

Jaakay:
One down, 2 more to go.
I heard dividend loading for vfd
https://doclib.ngxgroup.com/Financial_NewsDocs/47724_VFD_GROUP_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_JULY_2026.pdf

Interim dividend of N0.24k (24 Kobo)

Another huge day for Seplat yet they don't want to add.
16billion naira done already but 100k transaction done only at opening price.

Elumelu abeg take this stock to 50k. Na beg I beg you with everything wey dey for this thread

JAPAUL H1 '26

https://doclib.ngxgroup.com/Financial_NewsDocs/47737_JAPAUL_GOLD_AND_VENTURES_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_JULY_2026.pdf

Fantastic result.
The Capital Work In Progress is also saying something.

KarlTom:
JAPAUL H1 '26

https://doclib.ngxgroup.com/Financial_NewsDocs/47737_JAPAUL_GOLD_AND_VENTURES_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_JULY_2026.pdf

Sold off my Oando shares. Enough is enough. Never going to buy another badly managed company again.

KarlTom:
OandO H1 '26

https://doclib.ngxgroup.com/Financial_NewsDocs/47734_OANDO_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_JULY_2026.pdf

For the past 15yrs this the FIRST time OANDO will RELEASE their RESULTS within the REGULATORY TIMEFRAME.


BARGAIN HUNTERS TAKE NOTE!

GeeKudi:
Fantastic result.
The Capital Work In Progress is also saying something.

Exactly what am saying purchase of PPE (wip) - mining..once its commence commercial operation..will be moved to assets for commencement of depreciation