chukyjones:
Is anybody watching TRANSCORP?

From full offer @ 1.61 to almost full bid @ 1.77., entered at 1.61 though..

And you just dey tell us after you don take position abi? Ifa dey watch you on HD

chukyjones:
Is anybody watching TRANSCORP?

From full offer @ 1.61 to almost full bid @ 1.77., entered at 1.61 though..

Waiting to enter below 1:50

"Oando Energy Resources Announces $91 Million
Upsizing of RBL Facility and Repayment of $100
Million Afrexim Subordinated Loan Facility
Google+ Share
with
CALGARY, Alberta, Nov. 3, 2015 /PRNewswire/ -- Oando Energy Resources
Inc. ("OER" or the "Company" (TSX: OER) , a company focused on oil and gas
exploration and production in Nigeria, today is pleased to announce a $91
Million upsizing of its senior secured facility (the "RBL Upsize " from $215
Million to $306 Million, and the repayment of its $100 Million African Export-
Import Bank subordinated loan facility (the " Afrexim Facility ", which were
utilized in the financing of the $1.5 Billion acquisition of the ConocoPhillips
Nigerian Oil and Gas Business ("ConocoPhillips Acquisition" in July, 2014.
The $91 Million RBL Upsize was arranged by Standard Chartered Bank and
African Export-Import Bank (" Afrexim" as Mandated Lead Arrangers (" MLAs"
with participation from Standard Bank of South Africa Limited, Stanbic IBTC
Bank Plc and Natixis.

The proceeds from the Upsize, along with cash on hand, were used to repay
the $100 Million Afrexim Facility.
Following the completion of these transactions, OER has total debt
outstanding of $546 Million, comprised of:
$306 Million outstanding under its RBL Facility; and
$240 Million outstanding under its Corporate Facility.
Combined with cash on hand, OER's net debt position is $500 Million as of
October 26, 2015, down 44% from $900 Million outstanding at the completion
of the ConocoPhillips Acquisition in July 2014.

Commenting, Pade Durotoye, CEO Oando Energy Resources said: "The
upsizing of the RBL loan is a true testament to the quality of the assets we
acquired in July 2014. The cashflows from these assets have continued to
pay down the Company's post acquisition debt with the assistance of the
value realized from the resetting of our hedge instruments, leaving a
debt:equity ratio of 0.57 today, compared with 0.91 in July, 2014. OER
remains focused on its financial and operational goals of strengthening its
Balance Sheet and maintaining stable production levels through production
optimization in these times of reduced oil prices and limited capital
investment."

About Oando Energy Resources Inc. (OER)
OER currently has a broad suite of producing, development and exploration
assets in the Gulf of Guinea (predominantly in Nigeria). Average production for
OER in the third quarter of 2015 was 53,169 boe/d."" - culled from SMN

Born2berich:
Transcorp have joined the train too.

FBHN is gradually joining the bull's train

Born2berich:
Transcorp have joined the train too.

chukyjones:
Is anybody watching TRANSCORP?
From full offer @ 1.61 to almost full bid @ 1.77., entered at 1.61 though..

he he he... dis our NSE too much sha, SMH

Transcorp Bids

@ N1.77 => 2.29m bid qty
@ N1.70 - N1.75 => 1.6m bid qty
@ N1.61 - N1.69 => 7.7m bid qty

Transcorp Bids

@ N1.77 => 0.7m bid qty
@ N1.70 - N1.75 => 1.5m bid qty
@ N1.61 - N1.69 => 10.5m bid qty

Elai147:
he he he... dis our NSE too much sha, SMH

Upon the poor result from UACN it closed on full bid yesterday and it's about to do the same today. Maybe the next in line go be Unilever

Who is really dumping this transcorp

Anyone who sold Oando at 5.something will be sad now...........Never rush to take a decision when the situation is already bad................

angelo82:
Anyone who sold Oando at 5.something will be sad now...........Never rush to take a decision when the situation is already bad................

That is why I said "when confused, do nothing"

angelo82:
Anyone who sold Oando at 5.something will be sad now...........Never rush to take a decision when the situation is already bad................

Thanks .. not that easy not to sell thou @ that time especially when dem prophet dey shout sell sell it will go ack to 3.50 ..sold some yester @ 6.80/6.90 ... decided to leave the rest for now

Like agba said when u re confused do nothing ..But u have to be strong ..when there is too much of naggin and re-posting same thing over and over

He sold @ great loss and they re looking for pple to sell theirs too @ greater loss ..[consolation tinzs]

angelo82:
Anyone who sold Oando at 5.something will be sad now...........Never rush to take a decision when the situation is already bad................

i said it last week/month .

lancee:



Thanks .. not that easy not to sell thou @ that time especially when dem prophet dey shout sell sell it will go ack to 3.50 ..sold some yester @ 6.80 ... decided to leave the rest for now

Like agba said when u re confused do nothing ..But u have to be strong ..when there is too much of naggin and re-posting same thing over and over

He sold @ great loss and they re looking for pple to sell theirs too @ greater loss ..[consolation tinzs]

I believe the stock will recover and could be a success story like FO.................

born2berich ban for 99 years

ihedioramma:
i said it last week/month?

yes i rem u said something like that

lancee:



yes i rem u said something like that

thank you . myjoy084 what do you have to say about skye bank?.

lancee:



Thanks .. not that easy not to sell thou @ that time especially when dem prophet dey shout sell sell it will go ack to 3.50 ..sold some yester @ 6.80/6.90 ... decided to leave the rest for now [consolation tinzs]

especially when you see 50 million on offer for four consecutive days plus wale coming out telling you expect one more quarter of loss,,,,you will like getting out at 4 naira

currentprice:


especially when you see 50 million on offer for four consecutive days plus wale coming out telling you expect one more quarter of loss.

;DAgree with u ..u will be thinking 1/2 loaf better than none ..beta to sell and loose half of ur money

And with pple saying bankruptcy is next

lancee:



;DAgree with u ..u will be thinking 1/2 loaf better than none ..beta to sell and loose half of ur money

And with pple saying bankruptcy is next

then you will quickly remember how oceanic and intercontinental begin and end their journey

hope people watching oando volume despite the full bid. compare this volume today to that of yesterday.... beware

currentprice:


then you will quickly remember how oceanic and intercontinental begin and end their journey

Chai .. bad memories

currentprice:
hope people watching oando volume despite the full bid. compare this volume today to that of yesterday.... beware

No o it is going to N250 like FO

currentprice:
hope people watching oando volume despite the full bid. compare this volume today to that of yesterday.... beware

IF they can help me push am back to 10

Don't know if its possible..got into the sinking boat @ 12

lancee:



Thanks .. not that easy not to sell thou @ that time especially when dem prophet dey shout sell sell it will go ack to 3.50 ..sold some yester @ 6.80/6.90 ... decided to leave the rest for now

Like agba said when u re confused do nothing ..But u have to be strong ..when there is too much of naggin and re-posting same thing over and over

He sold @ great loss and they re looking for pple to sell theirs too @ greater loss ..[consolation tinzs]

My average cost @ N13:28k and sold @N11:01k is a greater loss

Well go and mark my word time will come when i will repurchase all my OANDO @ Sub N4 just like I did on FBN yesterday.

We don't chase market we simply patiently wait for opportunities.

PETERiCHY:


My average cost @ N13:28k and sold @N11:01k is a greater loss

Well go and mark my word time will come when i will repurchase all my OANDO @ Sub N4 just like I did on FBN yesterday.

We don't chase market we simply patiently wait for opportunities.

leave am. let him be following Investment Advice from London.

PETERiCHY:


My average cost @ N13:28k and sold @N11:01k is a greater loss

Well go and mark my word time will come when i will repurchase all my OANDO @ Sub N4 just like I did on FBN yesterday.

We don't chase market we simply patiently wait for opportunities.

I agree with u ..oga @ the top ..u try from 30 naira

we re making money this yr

i wonder why no foresight when bought oando at 30

currentprice:

chai ..NSE whooping pple since 1960