₦airaland Forum

Coolcash1:
Guy you don't need all this ranting on Oando...Oando is not a stock you can invest for long term. It's purely a short term stock. Anyone that doesn't want to suffer heart attack should forget buying the stock for keep. Just ensure you enter at a good price and exit after making your margin..It remain the most volatile but quick money stock in the market.

makashava:
The current reality facing oando might force down some other blue chip stocks the likes of transcorp, fbnh, as we see things develop in few days time.

Fundamental drives the NSE!

soloniger:
reign or resign
#JOKE OF THE CENTURY#

Pipsbasketings:
They are never lucky a bit, it is your money and you've got to shove it off their ass* before it is too late to be retrieved.

If you don't have idea where to go I will link you to a crime/fraud detective centre at ikeja; they fetch them out in few days wherever they may be hiding, be it benin. I don't condone sh*t, how can somebody claim to pay debt with my capital - 2.7M.

This was how ogboraph (search him up) scammed and promised to pay back after he must have sold his claimed-to-have assets, till now no avail. As time goes by, the scammers get confident.

OBAGADAFFI:
This is Trancorp Senior Brother.

pluto09:
I feel you bro. I was also among those who were arguing blindly about oando on SMN. I have learnt my lessons and that is why i will not buy into some companies on the nse now no matter the temptation.
Those guys are crooks!

Tritri:
@stcool Thanks for ur opinion but do you think Oscar Onyema/Peter Obi don't know about all the fraudulent illegalities of oando? But this is NIGERIA where u can kill someone for no reason and go free if ur connected...i just hope they r found guilty and punished to send a msg to other COY listed on the exchange to be careful.

Mpeace:
Pls when are the results coming.

Tritri:
OPEC will be frustrated now that oil is easily discovered .. Regulating will become more harder.



Pls wat will be the faith of OANDO if found guilty ?? personaly i felt more BAD NEWS will be COMING for oando. .

Coolcash1:
Dropping that low is like Oando shares on SALES...perfect opportunity to mop it..

ihedioramma:
What is the price of this stocks now OANDO/FMN/FBNH/ETERNA ?

Coolcash1:
PETERU how do you know its Oando.... But come o, if its true that its Oando that means Wale and his gang have used his money to 'çhop' nkwobi

PETERiCHY:
Wimbledon legend Boris Becker lost a huge part of his £100million fortune in dubious investments in Nigerian oil firms, it has been claimed.

German news magazine Der Spiegel – citing documents from soccer whistleblowing platform Football Leaks – said Becker struck the deal in 2013, which contributed to his recent bankruptcy. Spiegel said the ‘mega-deal’ was brokered by a Canadian firm and a Nigerian employee of Becker,

Boris Becker 'lost his £100m fortune investing in Nigerian oil firms that plunged in value'

Becker struck the deal in 2013, partly brokered by a Nigerian employee of his
But the investments tanked and last month he was declared bankrupt
His lawyer told a London court that he is not financially 'sophisticated'
Becker is bankrupt, and owes undisclosed sums to London bankers
Wimbledon legend Boris Becker lost a huge part of his £100million fortune in dubious investments in Nigerian oil firms, it has been claimed.

German news magazine Der Spiegel – citing documents from soccer whistleblowing platform Football Leaks – said Becker struck the deal in 2013, which contributed to his recent bankruptcy. Spiegel said the ‘mega-deal’ was brokered by a Canadian firm and a Nigerian employee of Becker,

Becker struck the deal in 2013, which contributed to his recent bankruptcy
Tennis champion Boris Becker declared bankrupt.

It said documents show that in July 2013 Becker held shares in an oil and petrol firm in Nigeria. But the investments tanked and last month he was declared bankrupt. John Briggs, Becker’s lawyer, told the London court: ‘He is not a sophisticated individual when it comes to finances.’

Becker, now 49, was once estimated to be worth upwards of £100million. He was declared bankrupt over undisclosed sums owed to London-based private bankers Arbuthnot Latham & Co since 2015.

http://www.dailymail.co.uk/news/article-4701824/Becker-lost-100m-fortune-investing-Nigerian-oil.html?ito=whatsapp_share_article-masthead

OANDO sending investors to early grave from time immemorial.

orfilla4:
She should have gone directly to the police instead of ranting here, posting there previous conversations.

Toluway:
Na so I follow Myjoy, (the rest is history I don't want to remember) Yet to recover.

orfilla4:
I understand how you feel but this is not the right place for that. If you're really serious, you can file a case against our JLINE. But I believe JLINE is a good person.

Please stop complaining here because you're derailing this thread.

fxuser:
FO
opens higher
breaks N60

Intendy:
Oando MIGHT be placed on technical suspension.

bisiki2:


Welcome back sir

Coolcash1:
What if Mr. Market think otherwise? Should it get that low it's a perfect opportunity to load and load more. Though it's impossible it will get to that. Don't forget that what is going on now is market reflecting the effect of it's contingent liability on the price should the judgement go against the company...Thus, when the news finally break it won't have any impact on the price again but move north pole.

I rest my case.

pluto09:
I bought conoil at an average price of N32. I am out altlready with a marginal profit of about 20%. Might buy again if the price and sentiment are right.

pluto09:
My best wishes to you!

pluto09:
Buying conoil at N40 in the first place represent an investment decision with a very big risk. As a fundamentalist, your entry price is one of the most important thing.
I will advise that you study conoil results for the past six years as this will help you to understand the company better. There is no guarantee that conoil result will be good next year.

A company that is sitting on over 42 Billion Naira in cash, consistent dividend, cash reserve and continues to reduce its debt (9 Billion) in the downstream petroleum sector is +ve for my investment decision long term. Let me accumulate ConOil @ below N30 & wait for N4.00 Dividend next year. Shalom

Coolcash1:
Unfavourable judgement will not threaten going concern of the business...I even pray this happens ( plantiff winning the case) so that I can load more as a value investor. In the same vein, I am waiting for O and O at the right junction then, yours truly will load more...Trust Wale and his gang you can't beat them to it..Original cowboys...

PharmAlfred:
But nobody can truly say why the stock is sliding down. I think it is beyond the sentiments we are expressing now. Conoil share price rose 100% after it declared dvidend last year. This year, it is been bashed right, front and center. I think we will know the true worth in the next 6months. Let's see what its q2 will look like as it is likely to give an idea of the company's direction.

Vetsolo:
wrong conclusion AA /AS CAN NEVER GIVE SS

Tritri:
Same here will average down at 25 below....But on the other hand..Would u rather go for FO than Conoil ?

DeRuggedProf:
See suspicious bidding on FO....

Countless strings of 200 units...