₦airaland Forum

Streetinvestor2:
See ewu that has never contributed anything useful on this thread.see follow follow. I wish you even lose all your money join

Oga Street, looks like you're contradicting yourself here.....because you've always been of the opinion that you're free to post your opinion, so allow everyone speak theirs too.
No need for double standard here!

Because you are Pa Emma's Loyalist doesn't mean you should silence anyone with contrary opinion to what he posted.

He's actually over-flogging this OANDO issues.
He's been saying his mind repeatedly and we talk say we don hear am, why the continuous repetition?

The person you referred to as newbie might actually be an old wine as well. No one should be discouraged to share his opinion, even as reply on any post here.

designking:
This is becoming a personal attack against Oando... Hope you don't have a personal grudge against this stock....

I couldn't have said this better....
Exactly what I'd concluded, wanted to even post before now that he should resolve any personal issue he has with Wale with him on personal ground and not necessarily venting his anger here.

Funny enough, anyone that tries to make contrary post to his own is immediately tagged as "trying to silence him from educating them".

Very difficult to convince Pa Emma on contrary views to his.

We don siddon dey look, make we hand over all the rest to Mr. Market to decide.

emmanuelewumi:
.The suspension will be lifted next week

Ok Sir. Thanks.
Maybe it's just for default in 2023 FYE reporting.

I'm even trying to search for the bulletin to know if Q1 - Q3 are also involved......... They're all due for submission too.

https://investogist.com/oando-releases-2023-financial-statements-reports-n60-3bn-profit-after-tax/

unite4real:
Will the suspension be lifted without Q1 and Q2 reports?

It depends on the NGX Financial Reporting Rules violated.

AIRTEL
Interim dividend......

https://doclib.ngxgroup.com/Financial_NewsDocs/42573_AIRTEL_AFRICA_PLC-ANNOUNCEMENT_OF_INTERIM_DIVIDEND_CURRENCY_EXCHANGE_RATES_CORPORATE_ACTIONS_NOVEMBER_2024.pdf

All these comments on 2023 report is liking to much Ado about nothing in my own opinion.

We already knew 2023 report will be coming out this way. Like it or not, OANDO still delivered profit....

You talked more negative than this when it was trading @8/10, but what happened? It still delivered and acquired AGIP amongst other things.

Think we should reserve our energies for the consequent results going forward.......
Q1, Q2 and Q3 will shed more light on our doubts and curiosity.

Osita and Oga Agba, you've tried with your analysis, they're objective enough, in my own layman's view.

* OANDO is possibly coming for Capital Raising, either in the market or from private investors.

Locotrader:
Top 10 brokers by volume and value
28th October -1st Nov
Imagine the kind of money that flowed through cardinal stone and stanbic Ibtc brokers just in the last 4 days.

These 2 brokers must know the secret of our market.I have joined them and following them bumper to bumper

Cardinal Stone and Stanbic do Business for big players in the market and generate huge funds mainly from this......one or two transactions alone can generate huge profit for them.......but,
If you consider the market daily volumes, you'll see that the likes of Morgan do a lot past them. Their presence in the market can't be compared.
They all have their good sides.......
This is just my layman's view.

megawealth01:
Sarcasm... I feel the former auditor would have painted the correct picture in white and black. Oando is in a really bad state anyways but we go use salt chop am like that

Mega, did you bother to check the 2023 result at all......or you will just continue to comment based on what another person is saying?

This new Auditor has been engaged since 2023 November or thereabout, so are you insinuating they're not competent enough? Or was engaged specifically to work on 2023 FYE report?
What is the crime in engaging a different Auditor by the way?

The issue I sometimes have with your Oando comments is that you continue to make posts based on your mindset most of the time.

I'm just surprised that some people are just bent on seeing the negativity and debts but was silent on the return to profitability in the first place.......I'm sure they're disappointed that OANDO is making progress so far.

Read thru the attached on page 11 of the report, put your old mindset on one side and try to at least pick something positive out of it.

OANDO PRESS RELEASE
https://doclib.ngxgroup.com/Financial_NewsDocs/42576_OANDO_PLC-OANDO_PRESS_RELEASE__CORPORATE_ACTIONS_NOVEMBER_2024.pdf

* Operating profit up by +961% !

emmanuelewumi:
Madam try to read the auditors report on pages 10 to 19.

Comprehensive loss of about N200 billion

Boss, you were so fast to have read reach that page o.
Q1, Q2 and Q3 should shed more light to those concerns..
We'll wait for more breakdown analysis.....of the 2023 FYE reports first.

BabsO2:
Make we wait for 2024 Q1, Q2 and Q3

N60bn Profit After Tax (Group)
Shareholding structure : 73.21% belongs to only 3 individual(s)/ entity(s)........as at 31st December, 2023, may have possibly increased by now

Over to the analysts.....

Egungun don land o
OANDO to the moon.......😁

https://doclib.ngxgroup.com/Financial_NewsDocs/42575_OANDO_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_NOVEMBER_2024.pdf

megawealth01:
The guy is still selling oooo

I think it's very wrong for the volume holder to be selling on the floor like this!
Why didn't they sell on NASDAQ before listing on NGX?
Or find an institutional investor to cross to?
The price was pumped quite alright but he should have sold there and drag the price down before listing on NGX.
Not fair on those who picked here!
See how he's rubbishing the good stock

currentprice:
I try to run this Aradel on my bedsheet and i see a wonderful company going forward. every metrics shows green except ROE and by that d roe still averagely good for a company as big as Aradel.

hope i can see better price today to load

Boss, based on Sunrisepebble's post on a majority shareholder selling some stakes, you may have to keep eye on the movement first sir.
Just in case you didn't see his post.

currentprice:
correct Mansard is the insurance. though cornerstone also cool but masard is ahead.

on the other side watch out for that Livestock

Thanks boss.
Means my eyes too dey see road small be that....
Your post bookmarked!
You're right about the Livestock pointer as well Sir.
God bless sir. 😊

Agbalowomeri:
MANSARD na werey, e get one cost item that they don't add until year end results. So final EPS will not be greater than what you see in Q3

Lol.
But this is one insurance stock you've also sighted before now, even though you don't also look at insurance side.....
If it's Mansard that @CP also saw from his bedsheet, then, na to keep keen eyes here o.....cost item or no cost item...😁

designking:
What is Aradel price right now?

N445.60 officially.....as at now.

Locotrader:
Oga Cp never like insurance stocks in his life.
This one he has time to check,if numbers is what one can rely on,this coming bull will be led by insurance stocks.

Results are too good

For the stock he is referring to my final answer is Mansard.Just checked the figures again.its good to go.

You're right.....
MANSARD one of my suspects too 😊
Na we be insurance guru 😁
We wait for his tips too.

USAfall2024:
He is most likely referring to Mansard.

Tips needed 😊
2 suspected

Meanwhile, GTCO @54
The resilience though!

currentprice:
i just saw my mention here. i will try and check it

Ok. Thanks boss
Pls be replying your mails sir.
.....be like say you don dey sell Aradel for market o ....😊

ARADEL dropped with -10%

Blaqq2:
No vex
the pages 8k+ and ive been reading for a while
and sometimes i dont usually undertand what you guys say

Lol.
When reading, always have your pen and paper with you to jot down some things and also note the pages for reference.
You can ask questions here for what you don't understand.......or be asking in an investment WhatsApp group if you can get to be added to one.

Locotrader:
Do you know why some accounts are opened on DCS and some opted out from DCS automatically?

One of my accounts was opened recently and I was told it's not on DCS.

The one automatically out of DCS mode are set as default.
Morgan for instance, used to open with NO DCS as default before, but now, it's somehow opened with DCS as default.......this may be connected to some CSCS rules possibly (not certain why it's so nowadays).

Blaqq2:
so once i do so
i would be getting my funds immediately?

Yes. Immediately in your portfolio anytime you make sales.
On the DCS Form, indicate "NO" ......where you're asked if you want Direct Settlement.

Agbalowomeri:
This kain results na weekend Oando dey release am

Oando don hack ngx corporate disclosure page so no more results

Weekend or after COB tomorrow go better self.

Blaqq2:
Omo I sold some of my ellahlakes yesterday due to wrong calculations
but i still havent seen the money in my available balance

I use morganCapital

Your account is probably in DCS mode
We've talked about this issue extensively here, more reason it's good to try and read past pages of this thread, it's rich with info if you can sieve thru it.

Contact your broker to send DCS Form (Direct Cash Settlement Form) to you, fill and submit back to them for processing.
Tell them you don't want Direct Cash Settlement.

The fund you referred to will be paid by CSCS after T+3days.

megawealth01:
The truth is most Oando shareholders don't like it when analysis are made about it especially if negative

Result never come Una don dey increase the pages already.......make dem chill with the vawulence first. 😁
I'm on the lookout for 3 results now.....
OANDO, PZ and DEAPCAP......

ARADEL
Officially @495.10.......even with the N8 interim dividend....
Anyone planning to load or average down should just watch the movement first.....

JB Q3
https://doclib.ngxgroup.com/Financial_NewsDocs/42555_JULIUS_BERGER_NIGERIA_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

As at now, market is generally trading sideways for both the battered and the good ones.....
This is what we called "Market having a mind of its own" 😊

Krisuba:
Just referring to sugar. It has thrown me up three times and I sat still now it has entered Janet stage!!

It's well.
DS really dealt with many people and it was the stalled merger that caused it, but I Blvd there'll always be a way out.

From market reaction so far, it's looking like the loss has been priced in, because one would have expected it to resume on full offer but it still have around 1m bids for now......
Hopefully, the aggressive dumpers wey dey vex won't come and drag the price down below current market price......

Oga Currentprice , abeg help us check your bedsheet for the fair price of VFDGROUP based on current released result.....

Also,.UACN Q3 is out, what's the update on this as well as the fair price based on the numbers?

Thanks sir.

@Streetinvestor2
Your company result don land o.....na only one page 😁
Maybe it's mistake or that's how they report theirs..

https://doclib.ngxgroup.com/Financial_NewsDocs/42551_AVA_INFRASTRUCTURE_FUND-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf