₦airaland Forum

Oga @Bagwa. I learnt somewhere that T&T are to start bid round for oil blocks. Is our company bidding?

UCAP quietly moving up since the dividend.

Price is a function of many things

olig:
The mystery of the century. How Eterna = Oando

Yes. I remember the agony of waiting for allotment in UCAP. I hope SEC does something to speed up the process.

KarlTom:
Those intending seller were trying to avoid the markdown (and potential wait for bonus)...

Shouldn't we be cautious of accepting their profit declaration since they declared dividends despite having negative retained earnings? I understand that many analysts put a red flag on a company that gives out dividends while their retained earnings are negative. This is because whatever caused such a company to give dividend can also cause it declare false profits. That is why CBN doesn't sllow banks to do thst. I am not saying that is the case with Japaul in this case. But some may take this into account. It is better for a company that made a loss to pay dividend from existing retained earnings.

Ginalex:
Japaulsand to the world 🤸💃. It's like I'll keep this as a long term investment.

The market is so dull. No mad dash out of FBN is manifesting, at least this early in the day.

Don't sell at the bottom to buy at the bottom.

PETERiCHY:
NOW HERE is THE RATIONALE behind FBHN 60kobo POOR dividend.

On Tuesday there will be a MAD RUSH out of FBHN in order to join ACCESSBANK before their APRIL 29th DIVIDEND QUALIFICATION DATE.

For the MOUTH WATERING #2.05k final DIVIDEND that will be paid on MAY 15th 2025.

SOME of us already POCKET 450k units of ACCESSBANK while hope to get MORE..


BARGAIN HUNTERS TAKE NOTE

*ThE OcToPuS* 🐙

I don't blame you. You don't know my personal relationship to the victim and his family. Not that it will matter to you even if you do know. So let's just forget it. I believe I did say that I wasn't recommending to anyone not to deal in brewery stocks, neither did I recommend banning alcohol. That's all you jumping to conclusions.

Streetinvestor2:
And coke company is folding down because many are dying of diabetes...lol.
Na him type they destroy brewery products for some states based on this kind of reasoning but are ready to collect vat from the sales ..lol.
He no dey see caution
Drink responsibly like we say do DD here...naija my country

I have seen someone whose life, and family's life, were completely destroyed by alcoholism. That's why I don't touch the stocks of Breweries.
(Not an advice)

HesInMe:
Off-topic, but alcohol na bad thing sha.

Apart from well known risks of driving under the influence and social nuisance, it is now known that even moderate consumption raises risk of a host of cancers, including cancers of the throat, stomach, colon, rectum, liver, and breast. And the more you drink, the higher your risk. A friend of mine, a gastroenterologist in the southwest, is seeing a sharp rise in gastrointestinal cancers and premature death in men in their 30s and 40s.

Rant over.

Greed, is a strong human instinct. Both the promoters and victims were trying to satisfy their greed. So none are "innocent". And just like Allen Greenspan said when asked if the 2008 financial crisis can happen again, he said that we will be here again, since we are dealing with human greed.

essentialone1:
Ponzi Schemes will only end in Nigeria, after some people gather beat black and blue, the people that convinced them to invest in it, in the first place. They do not tell you about it because they love you. They are telling you about it because they want to use you to gain Referral Bonus. They too are part of the Thieves.

Nigeria Signs Bilateral Air Services Agreement With Trinidad And Tobago


https://www.channelstv.com/2025/04/15/nigeria-signs-bilateral-air-services-agreement-with-trinidad-and-tobago/

I am so happy I dumped all of my Oando shares at N71.95 on Feb 5th, just after they announced the crazy 1 for 12 share redistribution.

thebargainhunte:
When are they distributing their shares? Imagine crashing the price to this level and you think they are not manipulating the price. The second bonus is coming up next two months, yet the first one has not been distributed.

Well, as of now it is Trump who is openly begging China to negotiate. Let's see who is the world leader.

delvzy:
This trade war between the US and China tends to last for a while to see who burge first.
Just look at another matter brewing in the UK, where the parliament had to come back from a recess to potentially renationalise British Steel from heading into a total collapse.

While I don't agree with some part of Trump’s tariff push but a man’s go to do what he gotta to remain as a world leader.

It is even possible that the unthinkable could happen. Trump is playing the same cards he showed to Chaina, and the world 8 years ago. China has made serious adjustments since then. They also saw Trump's second term coming and knew what to expect. So it is not a surprise this time, and they definitely have their own plans.

SonofElElyonRet:
I think Trump's leverage is that China exports a whole lot to USA but you are right that he wasn't counting on China being belligerent. Not everyone will agree to be publicly humiliated and bullied without fighting back

Thanks. I didn't consider JIJI because I once advertised some Caterpillar equipment and I could not get to sell them on the platform. So I thought it is only for small items. I will give it a try.

debeey87:
I no be oga Emma but you can use J i j i to advertise. I've sold 2plots of land I advertised there before. You can post in the property session of nairaland as well.

@Oga Emma. Pls excuse me while I go slightly off subject. I said slightly cos I believe real estate is also investing. I have a plot located at a prime area that I want to sell directly myself without using an agent. Is it advisable to do it this way, and if so, where should I advertise it?

Enter FIRSTHO on investing.com

SohSoh:
I HAVE TRIED , YOU TRY AND LET ME KNOW WHAT YOU SEE

Not when you have a government of oil import cabals. Every country is trying to protect its own industries from imports but we are proudly providing easy dumping grounds for other countries' refineries.

Agbalowomeri:
And our naira refuse to gain against the USD

The unpredictable Trump ordered a 90 day suspension of tariff increase on those countries that didn't retaliate. This sent the Dow gaining over 5% immediately. There are already accusations of market manipulation.

GeneralDae:
Brent now almost $64 dollars from $61 in a space of 20 minutes 😀

Maybe yes, maybe no. A lot depends on the results they want to release and how far down oil price goes in the Trump tariffs crisis.

megawealth01:
That will be dangerous but Wale won't allow that

Shhhhh.....

megawealth01:
OANDO 😳

Lol. Those long turenchi are pointers to either an imminent release of the results, or something significant. Didn't you see how last week a lot of long turenchi about Oando prospects and their Oga were released just before the company announced the delay of their results? Some companies are so good at this that you can actually time your entry and exits using their long turenchi.

RodgersAkpafu:
na result we wan see lol
Not this long turenchi lmao

Chai!! Imagine someone whose holding in Oando rose to N200m when it tauched N89 last year. If the person held till now, he would have lost over N100m. No wonder they advised taking profit.

Raider76:
Bad news for our domestic upstream oil companies. Meanwhile. Oando looks set for full offer today after postponing the release of their results. It is now more than 50% down from its recent peak

Madam, take it easy. I posted this when the price dipped to N40.30, which was the max for the day. No one is celebrating anything. Just pointing our the facts.

yMcy56:
Attached is OANDO situation as at now....
Is this the full offer you're talking about?

Bad news for our domestic upstream oil companies. Meanwhile. Oando looks set for full offer today after postponing the release of their results. It is now more than 50% down from its recent peak

Agbalowomeri:
Trump has finally collapsed Brent

Drill baby drill

Hope N65 holds else na N45 we dey look so

Read the report well. It says oil market are diversified, and oil can be redirected to other markets.

BTW. I hope this US tariff thing helps to wakeup our government that is doing the exsct opposite in refining oil. We are in effect encouraging dumping of PMS on ourselves in the name of encouraging competition with our local refining.

chimex38:
May be true..
But at least our own dangote's export go hear am.

We just like feeling bad about ourselves. We may have good reasons for that. But there are solutions. What of the EPZs? We can go in quickly and fix everything. We don't have to fix the whole country cos they won't be manufacturing all over.

chimex38:
Exactly.
Infrastructure doesn't get fixed in 24hrs.
We also need a geographic spread. Not just Lagos n Abuja and few others.

Again, they are not selling here. They will manufacture here and export. Exports from Africa have lower tariffs under the psyco Trump tariffs policies.

olig:
And who will they sell to; where is the market?

For instance, how many people can buy new car in Nigeria? How many units has Innoson been able to sell till date? Last year alone, the US imported over 8m vehicles, despite still manufacturing

Well, let's hope they are wiser now. You can't stay dumb forever. Let's be optimistic.

Agbalowomeri:
If they were smart in the first place, those barriers won't be there right?

Smart African countries will move quickly and remove those barriers.

jaybee3:
How are they going to navigate the following:
Political Instability
Corruption cost
Infrastructural Gap