₦airaland Forum

nio68:
At least now we know what is driving oando.. Oando to take over Port Harcourt refinery.

And that will immediately turn to money? Where are they even going to get the money to run the refineries. The power assets come to mind. What about the staff and union matters?

Hmmm

afo7219:
The analysts bullbear,fxuser et al..... Pls o help wit TA n FA on oando abeg

- inverted hammer yesterday indicating profit taking
- further profit taking expected
- the weekly looks positive (long term)

- a number of stocks closed below the day high forming an inverted hammer !
- profit taking is expected , 10 day bull run no easy
- but some closed strong at their day high: eg: zenith , ETI , GTB, Diamond ,,dangCem, DangFlour , NB, UAcn , FO Unity bebelo
- DanCem big vol and upside also pushing the index further

BullBearMkt:
...the 2 behave the same way. The daily accumulation on Total has been on for weeks and same for Conoil, Weekly and Monthly are also similar. Both have potential on long term and short term, but my concern is why they are lagging in this ongoing crazy bull. I prefer both on mid- to long term plan

This oga self,na every stock you dey put eye?
What is happening to both stocks can be explained fundamentally.
Investors were disappointed with total q1 result and for conoil ,it is a waiting game,yet to release its 2016 fy result. And if we are to go by tradition, the result might not be out until August and until that result is released, activities on the stock will most liked be muted.

Zenith Bank to Raise $500 Million to Boost Operations

http://www.thisdaylive.com.linkis.com/D9aik

rebekah2011:
Elephant has not cleaned anything. There is still more than meets the eye. Q2 will confirm if there is still a problem or not

says who...these guys are doing silent job and d Q2 u are talking abt might suprise u....just like many were waiting 2 buy at 2.80k.Pls do u kno d real PAT of FBNH 2016 audited if not for d provisions dey made,do u know its part of their profit dey are using 4 all these write off? and rem d money is still with dem dey r only proving 4 loans dey feel might not b recovered main while som loans wil start peforming b4 d end of 2017.Make out time 2 study dat result....i promise u by 2017 Q4 FBNH will no longer be a stock of #6. mark my words.God bless our investments.

millo:
Abeg BNSITL, any recommendation for or against use of Proshare's "The analyst"? Is their analysis worth that 50k subscription? Forgive me, I am one of those infrequent contributors, but I do benefit a lot from you guys! I pay serious attention to your gists.

i cant keep up with d charges so i moved on. Though they are a good companion for a stock trader when it comes to timely news and results but half of their data is outdated or inaccurate. Back then i have to call their data manager ocassionally. They also have lots of ammateurs on board

Princkez:
says who...these guys are doing silent job and d Q2 u are talking abt might suprise u....just like many were waiting 2 buy at 2.80k.Pls do u kno d real PAT of FBNH 2016 audited if not for d provisions dey made,do u know its part of their profit dey are using 4 all these write off? and rem d money is still with dem dey r only proving 4 loans dey feel might not b recovered main while som loans wil start peforming b4 d end of 2017.Make out time 2 study dat result....i promise u by 2017 Q4 FBNH will no longer be a stock of #6. mark my words.God bless our investments.

Stock market is a crazy place and predicting where the price will be in the future should be done with caution.
As for fbnh results, there is nothing to be excited about yet. They have been promising a cleaner book for how many years now? What we keep seeing is a bank with a bigger hole with each passing day. They still have a long way to go and I don't see them coming out of their present trouble in a year or two.

BullBearMkt:
with the passage of 2017 budget by the Senate yesterday, I think the excitement on the market should continue, OR Fundamentally what are your opinions on the budget?

The budget is tagged budget of recovery...Personally, I expect at least 80percent implementation because funding constraint is not there. As we all know, big productive spending by government is the way out of the current economic doldrums. I expect to see an alignment of monetary and fiscal policies to further strengthen actualization of the plan. We cannot afford to accommodate any divergence between the two as this will definitely be a drawback. The impact of the spend on the stock market coupled with the recent CBN special fx window for FPIs will further re-awaken and boost investors' confidence in putting their money into the market for good returns. In fact, this may likely cause a reallocation of funds from money market to the capital market. Also, construction, banks, aviation and agric stocks will likely enjoy high patronage from investors. I see a prosperous Nigeria.

Princkez:
says who...these guys are doing silent job and d Q2 u are talking abt might suprise u....just like many were waiting 2 buy at 2.80k.Pls do u kno d real PAT of FBNH 2016 audited if not for d provisions dey made,do u know its part of their profit dey are using 4 all these write off? and rem d money is still with dem dey r only proving 4 loans dey feel might not b recovered main while som loans wil start peforming b4 d end of 2017.Make out time 2 study dat result....i promise u by 2017 Q4 FBNH will no longer be a stock of #6. mark my words.God bless our investments.

I will be happy to be surprised by their Q2. However, what I hear does not give me the confidence that it is yet uhuru. We will be here waiting. One can not play in every stock. I am happy with Zenith and Afriprud. (before UCAP).

Coolcash1:
The budget is tagged budget of recovery...Personally, I expect at least 80percent implementation because funding constraint is not there. As we all know, big productive spending by government is the way out of the current economic doldrums. I expect to see an alignment of monetary and fiscal policies to further strengthen actualization of the plan. We cannot afford to accommodate any divergence between the two as this will definitely be a drawback. The impact of the spend on the stock market coupled with the recent CBN special fx window for FPIs will further re-awaken and boost investors' confidence in putting their money into the market for good returns. In fact, this may likely cause a reallocation of funds from money market to the capital market. Also, construction, banks, aviation and agric stocks will likely enjoy high patronage from investors. I see a prosperous Nigeria.

Thanks a lot for the breakdown of the budget, very educative.

rebekah2011:
I will be happy to be surprised by their Q2. However, what I hear does not give me the confidence that it is yet uhuru. We will be here waiting. One can not play in every stock. I am happy with Zenith and Afriprud. (before UCAP).

gud luck broda.

pluto09:
This oga self,na every stock you dey put eye?
What is happening to both stocks can be explained fundamentally.
Investors were disappointed with total q1 result and for conoil ,it is a waiting game,yet to release its 2016 fy result. And if we are to go by tradition, the result might not be out until August and until that result is released, activities on the stock will most liked be muted.

...thank you sir for further fundamental expatiation on the stocks, just love the correlation.

http://thenationonlineng.net/oando-take-port-harcourt-refinery/

The Federal Government has entered into a Memorandum of Understanding (MoU) with Nigeria’s largest indigenous energy group, Oando Plc to manage the Port Harcourt Refinery under a repair, operate and mainteain (ROM) arrangement.

Chief executive officer, Oando Plc, Mr. Wale Tinubu at a presentation on the underlying facts of the group’s operations at the Nigerian Stock Exchange (NSE) yesterday in Lagos, said the group has received approval of the government to oversee the Port Harcourt Refinery.

“We also got approval from the President to repair, operate and maintain the Port-Harcourt refinery together with our partner Agip. We plan to increase the refinery capacity from 30 per cent to a 100 per cent, subsequently to 120 per cent,” Tinubu said.

feelamong:
http://thenationonlineng.net/oando-take-port-harcourt-refinery/

The Federal Government has entered into a Memorandum of Understanding (MoU) with Nigeria’s largest indigenous energy group, Oando Plc to manage the Port Harcourt Refinery under a repair, operate and mainteain (ROM) arrangement.

Chief executive officer, Oando Plc, Mr. Wale Tinubu at a presentation on the underlying facts of the group’s operations at the Nigerian Stock Exchange (NSE) yesterday in Lagos, said the group has received approval of the government to oversee the Port Harcourt Refinery.

“We also got approval from the President to repair, operate and maintain the Port-Harcourt refinery together with our partner Agip. We plan to increase the refinery capacity from 30 per cent to a 100 per cent, subsequently to 120 per cent,” Tinubu said.

So where will the money for the repair be coming from.

More Loans, Right issue, or Government Grant.

BullBearMkt:
...thank you sir for further fundamental expatiation on the stocks, just love the correlation.

I was actually surprised that TA can pick anything on conoil with its liquidity challenge.
Great job you are doing.
One love!

Nig Brew
- strong weekly breakout , -next test 150.10 levels on d weekly

feelamong:
http://thenationonlineng.net/oando-take-port-harcourt-refinery/

The Federal Government has entered into a Memorandum of Understanding (MoU) with Nigeria’s largest indigenous energy group, Oando Plc to manage the Port Harcourt Refinery under a repair, operate and mainteain (ROM) arrangement.

Chief executive officer, Oando Plc, Mr. Wale Tinubu at a presentation on the underlying facts of the group’s operations at the Nigerian Stock Exchange (NSE) yesterday in Lagos, said the group has received approval of the government to oversee the Port Harcourt Refinery.

“We also got approval from the President to repair, operate and maintain the Port-Harcourt refinery together with our partner Agip. We plan to increase the refinery capacity from 30 per cent to a 100 per cent, subsequently to 120 per cent,” Tinubu said.

Oando,you cannot beat them to their game!

OBAGADAFFI:
So where will the money for the repair be coming from.

More Loans, Right issue, or Government Grant.

"He noted that the group has deleveraged its balance sheet through the divestment of its upstream services company, Oando Energy Services and embarked on the expansion of its retail and gas footprint through a strategic partnership with Helios Investment Partners and Vitol Group to recapitalise its downstream business for $210 million and the $115.8 equity buy-in of its Gas and Power business by Helios Investment Partners".

He said the company was considering raising some N40 billion in new capital.

feelamong:
"He noted that the group has deleveraged its balance sheet through the divestment of its upstream services company, Oando Energy Services and embarked on the expansion of its retail and gas footprint through a strategic partnership with Helios Investment Partners and Vitol Group to recapitalise its downstream business for $210 million and the $115.8 equity buy-in of its Gas and Power business by Helios Investment Partners".

He said the company was considering raising some N40 billion in new capital.

N40bn!!!

The Kalo Kalo that this guy Tinubu plays with peoples money is amazing. They repeatedly come to the market to raise capital and after that the share price will keep going downhill.

This stock is only good for JIJO

feelamong:
"He noted that the group has deleveraged its balance sheet through the divestment of its upstream services company, Oando Energy Services and embarked on the expansion of its retail and gas footprint through a strategic partnership with Helios Investment Partners and Vitol Group to recapitalise its downstream business for $210 million and the $115.8 equity buy-in of its Gas and Power business by Helios Investment Partners".

He said the company was considering raising some N40 billion in new capital.

When you hear Oando run for ya life.

OBAGADAFFI:
When you hear Oando run for ya life.

I will run and forget my legs in their bus if the want to take me to another bus stop . If anyone remember conocophillips deal , if you follow oando well you will stay away

Forte Oil
- weekly RSI & macd +div
- wkly macd above signal line

OBAGADAFFI:
When you hear Oando run for ya life.

OANDO is only for the strong hearted...Be Audacious!

Those who win here always win big!

fxuser:
Forte Oil
- weekly RSI & macd +div
- wkly macd above signal line

Sir, what does this signify?

Thanks

feelamong:
OANDO is only for the strong hearted...Be Audacious!

Those who win here always win big!

Even the strong are always watching their backs.

Some of us who manage to chop the Oando loots in the last three days, are runng away.

Dangcem, Zenith and GTB still have strong bids. This bull ain't done yet? Index continues to climb. TA, what do we do?

Oando vs Investors

EduC:
Sir, what does this signify?
Thanks

- growing +ve sentiments

feelamong:
OANDO is only for the strong hearted...Be Audacious!
Those who win here always win big!

- word and vice versa
- weekly is +ve but expected pull back on d daily
- cash & wait again lol ,d JIJO way of Life

OBAGADAFFI:

...Usain Bolt no fit run reach this o. Na wa!!!