₦airaland Forum

Compared to their peers, this result is not too impressive. It's, however, work in progress.

dapix:
https://doclib.ngxgroup.com/Financial_NewsDocs/39924_ECOBANK_TRANSNATIONAL_INCORPORATED-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_NOVEMBER_2023.pdf

Folks never cease to amaze me.
They fret when they ought to be bold
They fall prey to the manipulation of those who want them to sell to enable them buy

Before them is a company at 11 - 12 heading to 100+ yet they allow themselves to be blinded by infantile emotions. Just wait, soon they will start running helter skater looking to buy but will not see it!

Enough said.

It will be inappropriate to delist Oando when Wale's uncle is pleading to foreign investors to invest in Nigeria. What signal will Oando send to wary investors if they delist from NSE at this time? It doesn't make sense, hence will not fly!

Folks should stop fretting on Oando. No shaking!

ProphetUtuocha:
My prediction on Oando:
- No delisting - court seating will come and go next week. No shaking
- 2022 result will soon be released and will show improvements on key benchmarks
- 1Q, 2Q and 3Q 2023 results will be impressive and will reveal a rebounced, refocused and healthier company
- The market will respond positively
- The company may be heading to join the 1 trillion naira club
- Remember: "thou shall seek Oando, but will not find it"

Note: Please do your due diligence.

My prediction on Oando:
- No delisting - court seating will come and go next week. No shaking
- 2022 result will soon be released and will show improvements on key benchmarks
- 1Q, 2Q and 3Q 2023 results will be impressive and will reveal a rebounced, refocused and healthier company
- The market will respond positively
- The company may be heading to join the 1 trillion naira club
- Remember: "thou shall seek Oando, but will not find it"

Note: Please do your due diligence.

Court date is next week. It will come and go. Nothing is gonna happen. Oando's train is unstoppable. Oando remains the gem of our time!

stronglink:
when is the court day please.

There's focused accumulation of Oando shares by some smart folks who are carefully managing their transactions in such a manner that will not spike the supply price above their target. This is a game typically played by experienced folks

Thrash! Rather than being a negative, it's inadvertently positive to Oando shareholders. Being close to the government in power is afterall a plus for us!

[quote author=phadriz post=127018481]Below thread is exposed information on Oando:

https://x.com/jacksonpbn/status/1725482936261054629?s=20[/quote]

A major cloud on the Oando / Agip deal has been removed: https://businesspost.ng/economy/nigeria-withdraws-1-1bn-lawsuit-against-eni-over-opl-245/

Good news to Oando and its shareholders!

Over 48 million units of Oando have been bought today! Smart investors doing their thing.
Remember: Very soon, thou shall seek it but will not find it!

Sooner than later, those naysayers, walehaters and armchair analysts who wrote off Oando
Will be full of praise for the company and its management. Mark this!

Oando ... 11+ million bid, zero offer
Remember: thou shall seek it, but shall not find it!
Should I talk more?

Oando! Oando!! Oando!!!
Just remember that those buying are not fools
Just remember that very soon, folks will seek for Oando and will not find it.
A season of great wind on Oando's back is coming!

Oando! Oando! Oando

ProphetUtuocha:
Watch out!
A huge wind will soon be at the back of Oando
Thou shall seek but not find it
Note this

This was revealed long ago. Those who listened and keyed in to UBA are smiling now. Congrats, folks!

ProphetUtuocha:
A once in a lifetime opportunity has opened in the banking sector. In this, UBA stands out! I won't talk much.

Watch out!
A huge wind will soon be at the back of Oando
Thou shall seek but not find it
Note this

Which "delisting?" Lol

sky2891:
Could this be tagged unseriousness with the delisting or do we expect another AGM specifically for the delisting?

Truly, Oando has had a chequered history which has continued to haunt it. These have severally been described as the bad memories of the past. These notwithstanding, it is recognized that investment is not an emotional or sentimental decisions. My take remains that current realities are favorable to Oando. The company has seen continued improvement in its Financials and appears to be steadily getting out of the wood. It therefore looks to me that after years of suffering, Oando investors may enter a new season of harvest.

Note: This is my personal view and does not represent investment advice to anyone. Please always do your due diligence

Which 'delisting saga'? I laugh when I hear such comments in connection with Oando. Meanwhile, savvy investors are in accumulation mode while those who thought heavens would fall on 10th October were disappointed!

sky2891:
The delisting saga is a major challenge to decision making as regards OANDO.

Parables? Lol!
An African proverb says that when a child insists on the interpretation of a proverb, it means that the money paid to marry the mom was a waste.
Enough has been said on Oando.since I called it, it has done 100%, yet this is yet morning in the days of its glory!

mikeapollo:
My Guy....ever full of confidence in Oando.
Your manhood has been as hard as ever on Oando!

Any further insights? You are confusing some of us with your parables!

With respect to Oando, those who want to be on the sidelines are free to do so. For me, I am firmly anchored in the Oando plane, no retreat, no surrender!. I was first to call it, based on objective facts. Keep your eyes glued on it! Magic will soon happen!

I just dey laugh at all the folks who cling to the unfortunate past and spread wicked stories against Wale and Oando. If only they know that this is a new season and that the wind is on the back of Oando. Enough said.

Keep eyes on Oando. This week will usher a new season of excitement. Enough said!

The folks who purchased over 75 million units of OANDO yesterday knew what they were doing. Enough said!

https://nairametrics.com/2023/09/27/oando-partners-government-for-sustainable-transport-initiative-in-nigerias-most-populous-city/

Oando remains the company to watch. I am very, very bullish on this company. I am firmly anchored in the Oando flight; and surely after the exit of the hasty profit takers, Oando will fly and fly to the amazement of the skeptics. DYDD.

I will no longer comment on Oando until it cruises pass 20 naira!

https://www.oandoplc.com/press_release/oando-partners-worlds-largest-electric-vehicle-manufacturer-yutong-takes-delivery-of-electric-buses-for-lagos-mass-transit/

Lagos electric bases were supplied by Oando, as many others that will follow.

Watch out for Oando's 2022 results and 2023 half year results. I foresee laughter in the mouth of Oando shareholders!

The banks are enthusiastic about the new Oando. They recognize that the new Oando is now the beautiful bride and a central force in today's Nigeria.

Mpeace:
Ten Nigerian Banks restructure Oando PLC’s Medium-Term Loan to N115.3 Billion


In a move aimed at bolstering the financial stability of one of Nigeria’s key energy companies, ten Nigerian banks have joined forces to restructure Oando PLC‘s Medium-Term Loan.

The original agreement has been amended, with the overall commitment increasing to N115.3 billion from N108.3 billion.

This is actually a good news for Oando and the banks.

The restructuring aims to re-sculpt the repayment profile, extend the loan’s maturity date, and update associated security details.

This was contained in the company’s recently 2021 audited accounts under the notes to accounts.

The consortium of Nigerian banks participating as the “Lenders” include:

1. Access Bank PLC
2. Ecobank Nigeria Limited
3. Fidelity Bank PLC
4. First Bank of Nigeria Limited
5. Keystone Bank Limited
6. Stanbic IBTC Bank PLC
7. Union Bank of Nigeria PLC
8. Zenith Bank PLC
9. First City Monument Bank Ltd
10. United Bank for Africa PLC


I think somehow these banks will continue to enjoy some benefits from Oando's continued expansion.

While some are still stuck in the dark clouds of its history, OANDO moves on. The new Oando is essentially different from the beleaguered one of the past. The new Oando will continue to soar and soar as it occupies central space in today's scheme of things. Tomorrow, Oando will continue its forward march and will cruise pass 14 naira to the joy of its shareholders. Enough said!

With a H1 EPS of 10+, UBA is in a class by itself!

ProphetUtuocha:
Expect huge shock from OANDO.
A major shift that will usher a breath of fresh air, positive for shareholders

The above was posted on July 11, 2023. OANDO has created unexpected excitement and has sustained an upward trajectory. Yet, it's still morning for it!

Some folks still don't get it that Oando has transitioned to an upstream and new energy company. The company sold its gas stations to NNPC and this particular transaction has not reflected in their Financials. When they do, it's natural to see tremendous improvements in their numbers. Same as their supply of electric bases to LASG amongst others