₦airaland Forum

Krisuba:
Imagine !! For this kind market!! Chams .50 @friday!! Chaiii .this man get mission; to kill or to destroy?

Chibuking81:
Cham dividend of 3 kobo x 10 = 30 kobo ( share price of 35 kobo x 10 = #3.50) ( EPs of 8 kobo x 10 = 80 kobo)
FCMB dividend of 14 kobo x 2 = 28 kobo (share price of #1.66 x 2 = #3.32) ( EPs of 75 kobo x 2 = #1.50)

Chibuking81:
In stock I still maintain that jijo style is not encouraged.
Most of this small company will be acting as monitoring spirit. Don't be surprise, you may ended up buying at 33 kobo, their goal post will be shifted to 28 kobo verses 31 kobo. Most especially when you buy in large quantity, they will monitor you until you exit, the next thing you will see will be 40 kobo closing price.

Investment strategy pay More.

Chibuking81:
Don't you think that cham on current price of 35 kobo is over price.

Current price 35 kobo
2018 fy EPs 8 kobo,

Compare it with fidelity and FCMB
1.Cham PLC current price 35 kobo x 10 = #3.50 (2018 fy EPs 8 kobo, EPs x 10 = 80 kobo.)
(Meaning 10 unit of Cham PLC will give you #3.50 and 8 EPs x 10 = 80 kobo)

2. Fidelity current price #1.72 (2018 fy EPs = 79.16 kobo)

3.FCMB current price #1.66 (2018 fy EPs= 75 kobo)

From this analysis fidelity and FCMB at #1.72 and #1.66 respectively has equivalent EPs of Cham PLC on 35 kobo base.
From this findings, one can say that Cham PLC at 35 kobo base is over price, since there are better stock to buy at cheaper rate.
Based on their earning, Fidelity and FCMB are selling at better bonanza price than Cham PLC. Buy one and get one Free.

rebekah2011:
He should buy more and make the kill oooooooooo.

Heishere:
I bought at 0.37. Ever since I entered it has been hovering between 0.32 and 0.36. Was there a reshuffle of their management?

Heishere:
Any info because I'm thinking of dumping mine? I entered with JIJO strategy in mind but the stock no gree give me value for three weeks now.

DeRuggedProf:
I hope you are taking insurance cover on all these purchases....

DeRuggedProf:
Eventually, all issues will be settled politically, how I wish it ended being settled criminally.
Greedy boy!

phemmie06:
So Oando is on auto pilot

phemmie06:
I can't stop imagining how the AGM will look like but with the rubber stamp shareholders association it might be business as usual.

Yayira:
The way some people will talk about your portfolio, you’ll begin to wonder if they were the ones that bought your stocks for you..
I no get Oando be say I no get Oando.. if you and your partner no believe, that one na una business..
if you are doing this so I’ll show you what’s in my portfolio like you made me do last year, then you’ll wait forever..

I’ve advised you before and I’ll advise you again, the earlier you concentrate on what you came here for, the better for you.. as in you’ll stop buying high to sell low and rebuy low to sell lower.

I no be like you wey Dey jump into stocks anyhow.. I choose my battles wisely

Dunkofia20:
The money is too small am thinking like starting with 500k or 1 million

aremso:
oga, locate them online, write to them or call them and am sure they would open an online account for you then you can trade yourself. You can also ask them where there branches are as for me, i wrote them and an account was opened for me and i have never had issue with them neither have i visited their office before.

Dunkofia20:
Wow meristem came to my company to advertise their investments anyone can participate but I did not take them serious because I was thinking that they are thief or new in business so I should start with them because am planning to invest even money market fund too

Dunkofia20:
Hello am new here how can I invest in this stock exchange because I called one stock broking firm they said minimum of 5 million

RabbiDoracle:
Fed rate cut is being priced in.

Emerging Markets stock boom especially with markets with very low valuations.

Chibuking81:
Ucheson

OakPearl:
They amassed this much Oando before now?
Who does their stock picks?
They must be buying and selling every stock kaya in the market I guess.

phemmie06:
God forbid it ó, if these guys win Oando will bear the cost of the court.

Godlylifeoneart:
Wale and Boyo are smart thieves.
They are worst than Yahoo Boys coz it will be difficult for them to loose out in any board meeting.
Most of the preferential shareholders in oando would definitely vote for them to continue. Coz they are are all corporate thieves.
The minority investors are the biggest loosers in dz game.
They are the one that will still mop up the huge offers being dumped by portfolio investors.
As rightly mentioned, the stock can make people rich and equally bankrupt people.
The Oando case should not be compared with diamond bank that gave out toxic loans to investors some of which Amcon/ access could still redeemed in the long run..
Oando on the other hand is heavily indebted to banks and individuals, some of whose debts were converted to preferential equities in oando.
The COP assets bought by Wale is not yielding the expected result, hence his plan to borrow more money to finance oando upstream operations. This he made mention in February 2019 while briefing investors on the company's journey so far.
The downstream assets of Oando in Nigeria and Ghana has been disposed to offset debts.
He needs more money from the public to acquire cutting edge technology that will eventually delivers the expected breakthrough from the upstream assets.
We need not be too optimistic on Oando recovery coz wale and Boyo have messed up things beyond recovery. This was clearly stated by the company auditor.. Ernst and Young, that it was difficult for the company to continue operating( April 2019.) Due to heavy liability that outweighs inflated assets by over 60 billion NGN

https://www.google.com/amp/s/www.bloomberg.com/amp/news/articles/2019-04-02/oando-s-ability-to-continue-operations-questioned-by-auditors

rebekah2011:
Is it that the shareholders cannot do the needful on this company ni?

Godlylifeoneart:
https://punchng.com/oando-court-restrains-sec-from-removing-tinubu-boyo/

Mcy56:
Na stcool dey talk like this!

Michael11stock:
If you look at Oando price history, when it is May June they always have big rally. who knows their plan this time around

Mcy56:
I hope say no be stcool fear catch, come dey offload chams.

Tolktob:
Oando office sealed off by security forces

by Boason Omofaye