₦airaland Forum

Born2berich:
Do you still feel unlucky right now?

OBAGADAFFI:
Naa, some of them are really disappointed.

Because they've been marketing Oando to the world as a stable coy.

Even SMN is boiling now

But I know the company Will recover big time.

Oando needs proper restructuring, and thats what FMN is currently doing.

That administrative costs just show that Oando lacks efficiency

OBAGADAFFI:
Then you're very lucky.
I have attended several AGM @ MUSON and Civil center and it was shouting and arguments through out the meeting.


Just imagine how an Oando AGM will look like.

manie:
Oando's AGM will not be in Lagos.

manie:
Oando's AGM will not be in Lagos.

SMC:
If Oando's management is cunning, they will hold their next AGM in an off-putting place like Borno...that way, not so many irate shareholders will attend.

glogirl:
@Myjoy08,

stop shining your teeth.

You're neither here no there.
you said one thing and in a matter of minutes you agree to a contrary opinion.
That character is not admirable in a man. it is not wisdom or diplomacy.
Please help yourself and your reputation on NSEMPA; don't know how you are out of it.

manie:
Administrative cost of over N250 billion is not real, that is a creative way of cooking the books. It will take God's grace for Oando to get out of this mess in 5 years.

bigass:
To hell with myjoy08. He came here to deceive people. He was a scammer. He achieved his aim and left.

Mpeace:
Pa Emma, what in your opinion could be the implication of the over $461mil (90billion naira) helios/vitol JV deal and why did they deliberately refuse to include it in the released results. WT remains unpredictable and unworthy of trust. In my opinion, this result was released to make some pple sell their holdings while WT and co mop them up before releasing the 3rd qrt result. I wouldn't advise anyone to sell, until the 3rd qrt result is out. Wt that I have come to kn would not just release such a bad result. It is either he wants to declare for bankruptcy (after laundering all the company's money) or he is planning some grand scheme. Only time will tell.

Mpeace:
Pa Emma, what in your opinion could be the implication of the over $461mil (90billion naira) helios/vitol JV deal and why did they deliberately refuse to include it in the released results. WT remains unpredictable and unworthy of trust. In my opinion, this result was released to make some pple sell their holdings while WT and co mop them up before releasing the 3rd qrt result. I wouldn't advise anyone to sell, until the 3rd qrt result is out. Wt that I have come to kn would not just release such a bad result. It is either he wants to declare for bankruptcy (after laundering all the company's money) or he is planning some grand scheme. Only time will tell.

PETERiCHY:
Their next result will probably take another 1yr before coming out.

For those of you that didnt invest your "LONG TERM IDLE FUND" It's still better for you to sell off and have your peace of MIND.

Like I said about 4months ago, OANDO admin is as confused as the present Nigeria govt bcuz they don't know how to recoup the money they spent on campaign due to fallen oil price.

What's actually happen was devious Wale and cabals has initially wanted to use the COP deal noise to short-change the ordinary investors

But GOD proved to those crooks that he knows the end from the begining since the deal was sealed on 31th of july 2014. Oil price has been on steady decline from $115 to below $50 now. So that put them in dilemma.

Infact it got to a point I uploaded a movie called "WOLFS of the WALLSTREET" on this forum for investors to see what exactly is going on in OANDO but some still ignored it.

The BITTER TRUTH is OANDO is now in a state of BANKCRUPCY and their ONLY chances of survival will be if WALE and his fellow crooks decide to vomit all the funds they siphoned from the company of which i know they will never ever be in a haste to take such action.

All those huge cross-deals your guys see from time to time is been done among themselves to prop-up their daily average trade for it to look as if something is happening.

Note:
From onset I never advice anyone to buy OANDO with a long-term fund but with a "LONG TERM IDLE FUND"

The above information is the true state of the company he that has ears let him hear.

*ThE OcToPuS*

GudluckIBB:
I agree with you.I think its a startegy for people to sell and they will mop up.

Their present book value is 7 naira but I know they will not allow it to get to that level.
They delibrately released the result on friday so that by monday, the tension would have died down and they strategise for their mop up.their Q3 might spring a surprise and people will now be regretting why they sold.

PETERiCHY:
Their next result will probably take another 1yr before coming out.

For those of you that didnt invest your "LONG TERM IDLE FUND" It's still better for you to sell off and have your peace of MIND.

Like I said about 4months ago, OANDO admin is as confused as the present Nigeria govt bcuz they don't know how to recoup the money they spent on campaign due to fallen oil price.

What's actually happen was devious Wale and cabals has initially wanted to use the COP deal noise to short-change the ordinary investors

But GOD proved to those crooks that he knows the end from the begining since the deal was sealed on 31th of july 2014. Oil price has been on steady decline from $115 to below $50 now. So that put them in dilemma.

Infact it got to a point I uploaded a movie called "WOLFS of the WALLSTREET" on this forum for investors to see what exactly is going on in OANDO but some still ignored it.

The BITTER TRUTH is OANDO is now in a state of BANKCRUPCY and their ONLY chances of survival will be if WALE and his fellow crooks decide to vomit all the funds they siphoned from the company of which i know they will never ever be in a haste to take such action.

All those huge cross-deals your guys see from time to time is been done among themselves to prop-up their daily average trade for it to look as if something is happening.

Note:
From onset I never advice anyone to buy OANDO with a long-term fund but with a "LONG TERM IDLE FUND"

The above information is the true state of the company he that has ears let him hear.

*ThE OcToPuS*

Mpeace:
Pa Emma, what in your opinion could be the implication of the over $461mil (90billion naira) helios/vitol JV deal and why did they deliberately refuse to include it in the released results. WT remains unpredictable and unworthy of trust. In my opinion, this result was released to make some pple sell their holdings while WT and co mop them up before releasing the 3rd qrt result. I wouldn't advise anyone to sell, until the 3rd qrt result is out. Wt that I have come to kn would not just release such a bad result. It is either he wants to declare for bankruptcy (after laundering all the company's money) or he is planning some grand scheme. Only time will tell.

jamace:

Kagame:
Investors can be funny.Dem say fire dey burn and some people are still making exceptions,rationalizing and hoping its a strategy by Wale and co to mop up shares. Guys wake up,this is no strategy,Oando is in a deep mess.

manie:
They need to keep hope alive.

cadno:
Boyzz are not sleeping...see forum !!
something tells me their Q3 result will normalize this bomb shell. OandO is not BigTreat that sells bread !!, I know how much I lost then.
my gut feeling is..if OandO drops to N7, i will buy more if it stays at sub N9, I will stay action and maintain my current holding,
As Peterich short term funds,

Mpeace:
Pa Emma, what in your opinion could be the implication of the over $461mil (90billion naira) helios/vitol JV deal and why did they deliberately refuse to include it in the released results. WT remains unpredictable and unworthy of trust. In my opinion, this result was released to make some pple sell their holdings while WT and co mop them up before releasing the 3rd qrt result. I wouldn't advise anyone to sell, until the 3rd qrt result is out. Wt that I have come to kn would not just release such a bad result. It is either he wants to declare for bankruptcy (after laundering all the company's money) or he is planning some grand scheme. Only time will tell.

Toyrem:
second DEVIL

Kagame:
Investors can be funny.Dem say fire dey burn and some people are still making exceptions,rationalizing and hoping its a strategy by Wale and co to mop up shares. Guys wake up,this is no strategy,Oando is in a deep mess.

PHIPEX:
Is Oando ever going to release their 2012 Fy results? It's taking almost forever.

OBAGADAFFI:
The stock might not suffer much depending on NSE market sentiment.

But these result Will give the management sleepless nights.

But I noticed that only the banking sector release good results, compared to other sectors.

manie:
There problem did not start today.

PETERiCHY:
Yes like the saying goes everyday is for the thief but one day is for the owner.

It's been long WALE and the gangs have been short-charging their ordinary shareholders but this time around GOD have stepped in.

Now it's either they vomit those stolen funds to leverage or they forfeit OANDO. period.

nio68:
it's a faceless forum and anyone can come here to say what they like it is up to you to decide how you spend your hard earned money! i think your comment is rather unfair. If you base you investment decisions on what people say on this forum, then I advise you should be Demo trading. Stop blaming other for the decisions you have taken with your money, blame yourself !