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Nairaland Forum / Nairaland / General / Business / Notification Of Suspension Of Trading In The Shares Of Oando Plc (7713 Views)
Oando PLC Acquires Nigerian Agip Oil Company For $783 Million / Throwback: Court Voids SEC’s Suspension Of Oando Management / Under Siege The Battle Of Oando (2) (3) (4)
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by Themandator: 7:46am On Oct 19, 2017 |
masseratti: Wale and his two friends owns the joint ... Wale used both book and off book principles to run the joint and in the process injured a lot of investors .... Very powerful Nigerians ..... Rather than account , he closed down the company he bought in Canada in other to take a back door listing in their excahnge .... It was that company shares that he sold to those guys and not the real Oando in Nigeria The man is croook 3 Likes |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by ChangetheChange: 7:47am On Oct 19, 2017 |
masseratti: This one na Zombie, Buhari is still deceiving u 1 Like |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by Themandator: 7:48am On Oct 19, 2017 |
lurther: Do you have the history of the company or you are assuming. Assumption is the lowest form of knowledge 2 Likes |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by Nobody: 7:48am On Oct 19, 2017 |
realnas: I see. SOmeone is counting his chickens before they hatched. Nigerians and bad business decisions... |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by wildchild02: 7:55am On Oct 19, 2017 |
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Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by Chukazu: 8:03am On Oct 19, 2017 |
I thought they said the guys protesting were not authentic shareholders ? the management has succeeded in stampeding on anyone who is against Wale TINUBU and his lack of corporate governance 1 Like |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by emmanuelewumi(m): 8:04am On Oct 19, 2017 |
This is the beginning of the end of Wale. He tried messing around with the wrong guys, Atiku, Mangal and Volpi. This shouldn't have been on front page, because 98% of nairalanders don't have the background information and knowledge about Oando, board politics in corporate Nigeria and stock market investment. I am surprised that even Reno Omokri could not offer an informed comment on happenings in Oando. 1 Like 1 Share |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by updatechange(m): 8:04am On Oct 19, 2017 |
lurther: You made 100% sense with dis post, but when I sight dat Gej name I reduced it to 50%. Neither of them were better I swear. |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by woodmood: 8:12am On Oct 19, 2017 |
Themandator: Your comment is the only knowledgeable one I can react to. Two days ago, I informed my stockbroker of my intention to buy oando shares. He advise against it based on international oil issues. Yesterday, I bought something else only to receive the oando news. The point is, some of those companies on the exchange are run by cow-boys. However, I am dissapointed at the pathetic comments of youths who remain totally uninformed about vital issues but are already pointing to 2019, tinubu ambition and atiku on a matter like this. Nigerian youths indeed have a long way to go. 2 Likes |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by dustydee: 8:20am On Oct 19, 2017 |
gazza07:Google says it's a quoted company headed by WALE Tinubu. |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by Deeldorado: 8:24am On Oct 19, 2017 |
Nobody is fighting Tinubu through Oando. This is a business Wale Tinubu has been running like a private empire risking investors' funds and jeopardizing the health of the business. Trading in OANDO shares has also been suspended at the Johannesburg and Toronto Stock Exchanges too. Mind you, this suspension is coming after an EY audit report expressed concerns about OANDO's future as a going concern. OANDO is a classic case of what happens as a result of poor corporate governance. I don't understand why people always rush to make uninformed comments without understanding the issues. Everything is not politics, please. 2 Likes |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by MrMcJay(m): 8:25am On Oct 19, 2017 |
Look at how brain-dead posters are already linking it to 2019. Unintelligent clowns who are not exposed or knowledgeable of things around them. That's why I pity those who come to Nairaland to seek advice. It's people like those ignorant posters that would advise you. For those who want more insight into what happened, please read the link below. It's an interesting read which chronicles the corporate voodoo carried out by Wale Tinubu and his gang. https://nairametrics.com/a-corporate-story-on-oando-plc/ 2 Likes 1 Share |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by woodmood: 8:31am On Oct 19, 2017 |
emmanuelewumi: Very Good comment. You should know that the 98% you talked about are kids. On the comment by Reno, it goes to show that some we think are intelligent are actually not as intelligent as we portray them or perhaps they could be irrationally sentimental and biased even when the issue calls for clinical, critical analysis. 1 Like |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by Nobody: 8:38am On Oct 19, 2017 |
I don't see anything political here.
Its jhux a normal norm done to ailing investments. |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by TheShopKeeper(m): 8:52am On Oct 19, 2017 |
realnas: I sense the low oil price in the international market has adversely contributed to this unfortunate situation... |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by realnas(m): 8:57am On Oct 19, 2017 |
TheShopKeeper:absolutely sir 1 Like |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by countryfive: 9:34am On Oct 19, 2017 |
Kundagarten: but I thought obj owns oando. |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by masseratti: 10:02am On Oct 19, 2017 |
Kundagarten:thank you mr know it all |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by okoliexpress: 10:04am On Oct 19, 2017 |
thanks for that link it was a great read... quite enlightening. MrMcJay: |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by masseratti: 10:08am On Oct 19, 2017 |
ChangetheChange:thank you Zombie father. |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by banio: 11:41am On Oct 19, 2017 |
They should investigate and suspend all companies shares that are using Nigerians as slaves. No medical, no vacation, no insurance. example is Mobil, Chevron and Agip. Only few lucky ones are staff while the rest work as slaves, not even an employment letter from a contractor. You can be dropped at anytime without gratuity |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by Guyman02: 12:26pm On Oct 19, 2017 |
Themandator: Oando is Tinubu family business run by his relations and family members including the CEO Wale Tinubu his Nephew |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by patrick89(m): 3:43pm On Oct 19, 2017 |
so instead of tinubu and mofe to go pay their debt or resign honorably they are paying social media influencers to trend what they know nothing about. a criminal can not last forever.. |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by marlerya: 7:54am On Oct 21, 2017 |
fxbking:.. |
Re: Notification Of Suspension Of Trading In The Shares Of Oando Plc by DearDealz: 6:27am On Aug 23 |
Hmmn |
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