₦airaland Forum

Pullback never happens?. Presco no dey move like that o

Slammmmmmmm:
I missed my rights issue too, waiting for a sharp pull back

Jaiz is still proving strong despite the red

abuhusna1:
Those of us who bought jaiz are 3 nairal will make our capital back in 3 years through dividends when they start paying 1 or 2 naira

FACTS ON TAX FROM 2026

Question 9:
* If I sell shares and make a profit, will I pay tax in 2026?

Answer 9:
* NO,
* as long as the shares you sold are not more than ₦150 million in value, and the gain is not above ₦10 million.

* However, if it is higher than this threshold, the gain becomes taxable.

Streetinvestor2:
If u get money to put in this disgraced ngx.
Make I tell u the truth instead of JP.Go buy one stock way start with T and be happy in six months time.I say my own based on what I see on the street .The go make money in this last quater of the yr with the kind new reforms way I see with my eyes now for 3 states

Ordinary "T" or with Power? Please confirm make we do our DD

and the 3 states...?

You likely see serious activity in these three states where XXXXXX has its heaviest footprint or new opportunities:

Rivers State: This is the big one for Q4. In November 2025, the Federal Government (NCP) finalized the regularization of the XXXXXXXX sale to "T". This secures a massive asset for them in Rivers.

Delta State: Home to the XXXXXXX," T" cash cow. The new reforms allow them to optimize this XXXX and sell XXXX more flexibly within the region.

Lagos State: Lagos has been the most aggressive in domesticating theXXXXXXXX (establishing its own XXXXX market)." T" is a key supplier that will benefit from selling into this high-demand, paying market.

Good day, boss. Pls, where can I get this volume analysis online?

megawealth01:
Today's Top Volume Trades

ACCESS BANK 😘

It is getting interesting!.
Firstly,I am sure that even Obi cannot control the Obidients. They have the mind of their own. The moment Atiku insist on contesting, Obi will step out and contest on another platform.
Back to square one: Divided votes
Secondly, it's wrong for anyone to assume Obi will clear the kind of vote he garnered in 2023.

The Power of incumbency is against him now.
APC is not sleeping on their hoars too in the East.
Money and Bullion fan will have a field day: No more Emefiele

More details ma. We your people are expecting the gist o

yMcy56:
I think stocks are repricing......
We done expect them to stay on a spot despite all that's happening or has happened....
Consider exchange rate in the past years to now....

Besides, there's inflow of foreign investments as read in an article yesterday.....
I believed it's another factor driving the share prices

We are waiting for Oando's turn to shake the market ooo 😁

* Dang sugar above 51 now in market

* There's a sector people put less attention and eyes but which has been delivering so well....... Trading at +10% today... 😊

NA SO LIFE BE SIR. Please remember that some of us are looking to your picks. I still bought the pullback of C & L because I knew that if the fundamentals are good, every pullback is an opportunity to buy cheap..

DeRuggedProff:
Hear ye, hear ye, brethren and partakers of the forum of trade! Verily, I say unto thee, from this day forth shall my lips cleave to silence concerning any stock. No more shall I cast mine opinion before wolves, lest I be named among the hunters of monkeys.
For lo, from the vineyard of Champion unto the fields of C&I, have I been smitten with grievous knocks. Yea, some dealt their blows in secrecy, while others did fashion their knocks before my face, saying, “Arrange thy head, that we may smite it properly.”
And behold, when C&I did descend from the heights of ₦5.50 unto the valley of ₦4.26, there was wailing and gnashing of teeth, and they crucified me without trial. But today, I speak no more. For the stone which the builders rejected has vanished, full of bid and glory, and hath become the shining ornament. The breeze blew and the settled dust can no longer be found. But this shall be just the beginning.
Take this as my final utterance: Binding under arrangement! I retire thine servant to a sabbatical. Let no man trouble me henceforth, for I bear in my body the marks of the beaten. Selah.

value my Boss. I placed an overnight BUY at N35 yesterday afternoon. When I saw Xlert this morning, I thought of another fall. It was a great surprise that it is up again

KarlTom:
Volume of OandO bought so far is 6.2m.
I guess you meant to say value...

Bovis:
Fair play but we must balance the message we preach on this forum to newbies and not insulting anyone who is bearish - markets can go up/down or trade sideways

I believe NSE is about to enter a bear season and it’s too early to advise newbies to buy, the trade war is just starting.

Moreover, Trump’s unpredictability is an ongoing global problem and he’s not handling the tariffs negotiations the right way. However, if you have itching fingers buy good quality dividends paying stocks or stash your funds in MMF. Most are still offering over 20%, Cowrywise is about 22% and they don’t charge administrative fees

In all you do, newbie’s please avoid Oando for now. The management is insincere and the stock has to close the gap up from N12

The bolded was a point of concern yesterday. When you see the kind of volume in oando; 252 million bought today alone, you will think twice

Princkez:
My eyes on only 2 stocks...both are bleeding seriously,cutlass mode activated.

Give a hint Boss, Your boys are waiting oo

Presco is a defense stock. It hardly pulls back. You may be able to buy it for less though the price remains unchanged at the end of the day

jckgroup1:
Good morning dear Investors and Traders.

Oga EmmanuelEwumi and Emmaodet; kindly pick two stocks to invest margin facility. Tried DM to no avail.

Oga Emma, entering Presco at this current price is it advisable or wait for a pull back?

Counsel will be well appreciated from Senior Analysts and Investors.

Best regards.

Believe him to your own peril

stcool:
The current Global trade war may lead to a stock market crash...just prepare your minds and trade with caution!!!

If you are in profit, learn to take some profit out of the market and invest into something else.

We are many waiting for the latest from the BM

KarlTom:
OandO

Nobody is forcing you to do follow follow . Don't send our helpers away with unnecessary criticism.

HesInMe:
This kain follow-follow investing is risky o. The point of a thread like this is (or should be) to learn how to evaluate investment opportunities for yourself. That's why we should encourage debate and disagreement, and be comfortable with pushback.

And if it's still too hard, maybe look at buying mutual funds, through which professional investors can help you do the investing. No shame in that.

Who is telling you it's a trap? You need PATIENCE when loaded on a sound stock with great potential. As for OANDO, it's a matter of time.

PuristForest:
......
i see couple of folks aksing about guineains...instead of chasing the market, here is a more favorable and potentially more profitable option, chasing the market is the easiest way to get your money trapped, like all the folks trapped in oando and aradel....

Sir. nothing is ever free . That is simplyto lure people to the webinar. I spoke with the guy whose number is in the handbill, he is interested in affiliate commission he will get for introducing people. N370,000,000 not joke fa

SonofElElyonRet:
It works for both Nigerian based and diasporans. That's the essence of the webinar. You don't know the rental income achievable.. the units are already fully tenanted so rent also goes into paying the loan.. you need to attend the webinar for a full picture... its free.. no strings attached...

I sell real estate in upscale areas of Lagos like ikoyi etc and i know this is good investment.

https://nigeriapropertycentre.com/agents/kunle-akinrinade-and-co-solicitors-39292

But every mallam to his kettle like someone says here

Analysis Paralysis We will wait for Mr Market.

designking:
Oando Plc Q3 2024 Financial Performance: A Mixed Outlook for Shareholders and Future Investment

Oando Plc, one of Nigeria's largest integrated energy companies, has recently released its unaudited consolidated financial results for the third quarter ending September 30, 2024. The company’s performance during this period presented a mixed bag of results, revealing some positive growth but also significant challenges that concern shareholders and potential investors. Despite favourable global oil demand and energy market conditions, Oando’s performance in key financial metrics displayed a level of underachievement that prompts a closer examination of its future prospects.

Oando's top-line performance showed an encouraging growth trajectory, with revenue increasing to N3.19 trillion from N2.35 trillion in the same period in 2023. This growth was primarily driven by a substantial increase in sales volumes, especially during Q3 2024, indicating that the company was able to capitalise on rising global oil prices and demand. The company's gross earnings also mirrored this positive trend, rising sharply from N91.79 billion in 2023 to N194 billion in the same period in 2024.

While this growth in revenue and earnings is commendable, it must be noted that it did not necessarily translate into improved profitability. The cost of impairment on financial assets, along with a sharp increase in net administration expenses, resulted in a substantial rise in operating losses. The net loss for the period stood at N25.53 billion, a significant downturn from a loss of N748 billion reported previously. This suggests that while the company increased sales, it struggled with cost management and operational inefficiencies, factors that undermine its long-term financial health.

Oando’s operating income saw a notable decline from N209.65 billion in 2023 to N161.01 billion in 2024. This reduction in operating income is concerning, particularly in light of the revenue growth, as it suggests that rising operational costs and administrative expenses are outpacing the company’s ability to effectively manage its income streams. Consequently, the profit before tax (PBT) for Q3 2024 dropped substantially from N142.58 billion in 2023 to just N31.13 billion in 2024, further highlighting the strain on the company’s profitability.

The company’s bottom-line performance also weakened, with the profit for the period falling from N110.21 billion to N76.39 billion year-on-year. This drop in profit is worrisome, as it reflect underlying issues within the company that hinder future growth. Given the challenging macroeconomic conditions, including fluctuating oil prices and global inflation, Oando need to adopt more aggressive cost-cutting strategies and efficiency measures to turn its financial performance around.

An alarming aspect of Oando's financials for Q3 2024 is the substantial increase in finance costs. The company’s finance costs surged from N89.46 billion in 2023 to N158.17 billion in 2024, marking an increase of nearly 77% year-on-year. This spike in finance costs, combined with a rise in net finance costs from N77.07 billion to N131.12 billion, signals that Oando is likely grappling with high-interest payments and financing challenges. These rising finance costs continue to drain resources, putting additional pressure on the company's bottom line and its ability to service its debts in the future.

The company's earnings per share (EPS) saw a decline from 900 kobo in 2023 to 600 kobo in 2024, reflecting the reduced profitability. This decline in EPS is a cause of concern for shareholders, especially those hoping for positive returns on their investments. The reduced EPS might dampen investor sentiment, as it signals that despite growth in revenue and earnings, Oando has not been able to translate that into effective shareholder value.

One of the most pressing concerns in Oando’s financial results is the sharp increase in its liabilities. The company reported a significant rise in trade and other payables, with total liabilities reaching a staggering N8.04 trillion, up from N1.38 trillion in 2023. This substantial increase in liabilities is a critical indicator that the company is facing heightened financial pressure, potentially threatening its ability to meet its obligations in the future.

The retained loss for the period was recorded at N441.8 billion, a slight improvement from the previous year’s N506.01 billion. However, despite this improvement, the company still faces substantial accumulated losses, indicating that it has yet to recover from previous years of financial strain. These liabilities, along with the negative cash flow and financial impairment, limit Oando's capacity to reinvest in growth opportunities or address shareholder concerns.

Outlook as a Going Concern

Given the mixed performance outlined above, Oando Plc’s outlook as a going concern remains uncertain. While the company has managed to grow its revenue and gross earnings in a challenging global energy market, the persistent issues related to increasing operating costs, rising finance charges, and declining profitability raise red flags regarding its future stability.

The significant rise in liabilities also presents a serious concern for investors, as it suggests that the company is relying on additional debt to fund its operations, which further strain its financial position. The company’s ability to service this debt, maintain liquidity, and reduce its impairment losses will be critical in determining its long-term viability.

For shareholders, Oando’s current trajectory suggests that the company is faced with short-term financial challenges, and there is limited returns on investment in the near future unless the company implements effective strategies to manage costs, improve operational efficiency, and reduce debt. The company’s ability to navigate these financial difficulties and achieve a turnaround is crucial to sustaining shareholder confidence.

Oando Plc’s Q3 2024 financial results present a somewhat disappointing picture for shareholders and investors, with growth in revenue and earnings overshadowed by significant challenges in profitability, rising liabilities, and increasing finance costs. The company’s future prospects will heavily depend on its ability to manage costs, improve efficiency, and reduce debt. While the oil and energy markets remain favourable, Oando must navigate its internal financial struggles to secure long-term sustainability and regain investor confidence.

I DEY YOUR BACK SIR

Sunrisepebble:
Its to find our next Aradel, FMN and Wapco now

Is this the last or the latest announcement on OANDO?

KarlTom:
This quote was part of the Press Release notifying the NGX and Investors of the Proposed Scheme of Arrangement.

Last line on Page 1 (https://www.wstc.com.ng/wp-content/uploads/2023/03/Oando-Plc-Proposed-Scheme-of-Arrangement.pdf)

I like how we are all trying to milk this OandO suspension sha...

Ok, I cannot see your drum? ;start dancing
==This is the moment you have been waiting for?===
Mind you, the present situation has changed nothing in our beliefs in OANDO.
We see intrinsic value!
We see favourable political will
We see a company with a Perculiar "MOAT"
We see a great future in OANDO.
*NO SHAKING!!!*

designking:
Aradel will profit greatly from this Oando suspension. It is a good thing SEC suspended Oando and send a warning to most companies that don't respect their rules.

Short term investors should stay clear of Oando cos Wale can even delay the suspension for the next 6months to 1year until the books are perfect to the present public.

Oando don hang many Jijo investors XMas money 😄

7 tests a stock must pass before you take the risk

Blaqq2:
as a newbie, which kind stocks you go recommend to hold for now.

not get rich quick stocks

I had the premonition that Aradel will breathe or spill on Oando and Eterna

KarlTom:
OandO. +7.93%
ETERNA. +4.86
ARADEL. +6.09%

Download "Yochaa" app, it will monitor your portfolio every 15 minutes. You can monitor up to 5 portfolios even foreign stocks

Ginalex:
I need o. It gives me a quick view of how my portfolio is performing at every point in time such that when there's a fast rise/drop in any stock I have in my portfolio, I can easily tell which stock it is just by viewing my portfolio valuation report rather than going to the real-time market view to check one by one

Monkey Hunting it

designking:
Dangote Sugar and NASCON are greatly undervalue... If you are the patient investor, then it is a great share to have on your portfolio

Na you de move them. Person no fit buy1 million naira Worth of stock, make the stock no shake body.
We are waiting for confirmation of DB

Ginalex:
Started my #1million 100% ROI challenge today. Re-entered Dangsugar at 30.80

You will wait tire! You saw it at 76 yesterday, you did not take it!!! May be you will scramble in at 130 later.

designking:
I do both. I bought first bank at ₦22 and it rose to ₦33... I sold off and Ai have started rebuying it.

Some of these stocks range within a high and a low... Holding them for months will only keep you in paper profit or loss if your goal is capital growth.

So I buy the low and sell the high. I bought Oando at ₦33 and sold it at ₦82... Now I am praying for it to return to ₦45-₦55 so that I can re-enter

Please stop bothering yourself with GODLY GUY. No one here minds him and his disgruntled view anymore. Dont honor him with your reply ma

yMcy56:
Oga, you sure say you know the difference between emotions and facts?
You sure say you know the meaning of emotions at all? Lol.

You don't care if it gets to SEPLAT price?
If you jump in will you tell anybody? 😁
Self deceit is a crime against oneself......and possibly those who believes in you. 🤭

opportunity to buy a good company at a rock bottom undervalued price. We wait for that sir

jckgroup1:
The oga of my oga, please explain grave robber loot

NOBODY CAN SUCCESSFULLY PREDICT THE MARKET
It did not start today. See all the predictions of experts during the covid 19 pandemic. People who believed them missed out. Be bold and hold for as long as the stock is still in uptrends and the volume is there.

PANIC SPREADING AND NAME-CALLING OF 'STREET' HAS DONE MORE HARM THAN GOOD HERE!!!
...you are just one out of many, the Devil sent this guy to distract. This platform has never remained the same since his arrival. He has sent many of our HELPERS away with his attitude and posts. Where is OGG, CURRENT PRICE, and co? They exist or just assumed OBSERVER MODE because of wanting display of Immaturity and MH name-calling here

Thank God for Madam Mercy and others who helped a few of us .Dropping words of encouragement and daily details of Volumes of trades.
GOD WILL HELP all of UNA
......By now Sreet & Godlyguy should be ashamed of their misleading posts.
Anyway, I just skip their posts!!!

SonofElElyonRet:
He deliberately went on a panic spreading spree which is utterly disgusting. It wasn't a case of honestly giving wrong advice which wouldn't have elicited this reaction from me... it was "malice analysis" intended to cause panic selling and a crash in oando price so he can load up..

I've moved on.. just spoke my mind

A post of August 22nd, just before Oando started 8 days of daily 10%. Reading STREET's post is a minus!!!

Testimonies777:
Why are you hammering on the disclaimers?
....Do you know how many here sold off yesterday and today because of your " OANDO don cast?"
Thank God for the assurance of those few who helped us to hold.
This is beyond OBI vs Tinubu, sir
....we shall all see.