₦airaland Forum

mikeapollo:
So, how would Oando distribute new shares to its existing shareholders, and then turn around to delist same shares in a short while within the same year? Na witchcraft dem want start to practice?
This could be the clearest indication that they are not delisting, if my interpretation is right.

If this works to the benefit of shareholders, then Year2025 go loud gaan!

Me I didn't see anything called delisting in the whole picture.
It's more about financial restructuring that won't make the company, O&O to create additional shares but still have shares from other companies owing them to be distributed to her shareholders.

Something similar to what UACN did the last time.
"Shares of UPDC and UPDC-REIT distributed to UACN shareholders in pro rata basis".

In this case, we don't know the companies that will be involved......maybe we start by knowing the subsidiaries and the companies involved first....

Raider76:
Madam yMyc well done oo. I am not an accountant, and I have similar questions with you. In addition I am actually confused with all the unfamiliar terms. I believe most shareholders that will be called upon to vote will be similarly confused. So I want to suggest that Oando publish or hold a "Facts behind the AGM" briefing, similar to that done for new listings. This will give opportunity for the company to explain what they really intend to do.

Well said.
They said it's lawyers that can interprete those terms not accountant.

However, I think the term is somehow similar to "unbundling" but a bit different somehow....because the debtors have to come to agreement, either to pay with cash or shares.

Looks like "You owe me money thru my subsidiaries, you pay me with shares allotment, then I distribute the shares to my shareholders" kind of.

Let's wait for more breakdown of the terms in coming days....
* Above na Mcy's layman interpretation, may/may not be totally correct.

OANDO
So, Annual General Meeting is coming up on the 17th of December, 2024

Wonder why nobody has mentioned the attached Resolution 3 under the SPECIAL BIZ.....
**Is OANDO planning bonus Issue?
OR, Debt to Equity conversion?

** Either way, it's looking more like positive action coming from the company.... Restructuring is coming!**

** Some receivables owed O&O to be converted to shares and then distribute to shareholders...... Something like Oando shareholders also becoming shareholders in those companies......some kind of additional shares to be distributed to O&O shareholders??
Accounting gurus, over to you o......and don't bother to comment if you're coming with your negative mindset. 😁

https://doclib.ngxgroup.com/Financial_NewsDocs/42646_OANDO_PLC-_NOTICES_OF_ANNUAL_GENERAL_MEETING_(AGM)_-__ANNUAL_GENERAL_MEETING_(AGM)_NOVEMBER_2024.pdf

GeeKudi:
There will be, no doubt, and after two days, they would dump the stocks on those who might have put their money into it. They have been doing this cycle of trapping people every now and then. JAPAUL is a jijo stock for he owners.

If you know how JAPAUL used to move with good news once it's ready to move, maybe you won't say this....
Maybe you said this because of the way Loco is hammering and advertising it non stop.....😊

During Miloist days, JAPAUL was on full bid for several days.....
This time around, I don't know sha, let's see how it goes....
* One thing you should bear in mind is this however: JAPAUL is in good business and is striving to get it right.....the financials improving and the areas of services are vital parts that's capable of driving the economic agenda of the present govt.
We can only continue to wish the company well as the management is sitting up to their responsibilities..

https://nairametrics.com/2024/11/26/fg-issues-90-day-ultimatum-to-mining-management-committee-to-improve-performance/

Locotrader:
Dredging alone can't move Japaul.
I am advertising the Gold in it.
Minus Gold I am out.
When the Gold business starts,dredging will only contribute 10% of their income.
Vessel chattering 10% and Gold mining & production 80%.
Since we know the Gold mining is on the way,we can manage dredging to hold body.
This news has added two big meats to my stew rice.

I only tried to let him know where the SAND aspect belongs.
Just allow JAPAUL be, Gold mining or Sand mining....
Those hefty investors cross dealing it almost everyday for the past few months sure knows how to champion it's course at the right time.
JAPAUL situation is not limited to your own trading, expectations or call....
Anyone not interested should just carry their money go another stock.
Issa simple stuff.

Raider76:
So, it is now JAPAULSAND

JAPAUL is into dredging
So it's part of the services rendered, and the type that generates good revenue for the company till date.

Streetinvestor2:
Not only that lol.I see you are equally trying to console my old friend and others that heard big hope to hammer thr for Christmas Now jegede want to turn them to investors. The call now is till infinity for japaul diamond.
It will hit #10 in 10 yrs...can dey wait is the question

Oct 25th, 2024 post. How far?
Another Contract worth N26billion signed by Jegede....
This stock fish performing wonders.... 😁
Hope you still remember my reply and that of Loco's to you on this.......

https://doclib.ngxgroup.com/Financial_NewsDocs/42642_JAPAUL_GOLD_AND_VENTURES_PLC-JAPAUL_SIGNS_N26_BILLION_SAND_MINING_CONTRACT__CORPORATE_ACTIONS_NOVEMBER_2024.pdf

Toluway:
Newbie ?
Try to learn more from you please.

Uncle Tolu compliment sir.

Let's look at it this way:
How many units of say MTNN @171 do you think N2.5m can pick?
That should be around 14k units if buying charges is excluded....
So, the volume is not much.......reason I said, it depends on the stocks to pick.
Also depends on the type of investment he wants to make out of it........either long, medium or short term.

1kinggy:
Dont spread it too thing. 3 picks or 5 at max is all you can do with that 2.5M.

2.5M, if it's Naira, should be used to pick only 1 stock......Max 2, depending on the type of stock to pick.

Locotrader:
There is this one stock in the health sector.
It returned to profitablity this year.Q3 made it clear.This stock will return big money to those who will decode it.

It is the cheapest in the pharmaceutical now not pharm deko.
I will update on it by Wweekend.
It's a stock of next week.
I will be back

NEIMETH

FLOURMILL
Investors who didn't mind 4Naira gain are still clearing it up to 82Naira....
Maybe suspension time is so close....

FIDELITYBK
The seller still observed obstructing @16.....
We see how that roadblock get crushed again....

Agbalowomeri:
Wahala e se wa po bayi?😂

😁😁

With Prestige's free float and finacials, I think it shouldn't be below N1 actually......
All those insurance self selling below N1.....grossly undervalued.....N1 is worth nothing again
...but I'm not talking much about insurance because of MH labelling.

CHAMS
One heavy seller is still offloading down to N2.....
Until he's done selling, he may not allow CHAMS move up from the look of things....

TANTALIZER NEWS.....
https://guardian.ng/opinion/letters/how-ex-bankers-in-food-specialties-acquired-tantalizers-plc/

https://www.google.com/amp/s/businessday.ng/companies/article/tantalizers-reconstitutes-board-gets-new-majority-shareholders/%3famp

HMCALL
Full bid @4.64

FIDELITYBK @16+ 😊

If we monkey hunt and people are smiling, it's a joy to us......

We've been monkey hunting Fidelity all the way from N1.65k..........its crossing N16 in the market now...
Can we also say MH na good biz too.....😊

Aside Tantalizer , EUNISELL, HONYFLOUR and few others, I don get another new monkey to sell too........in Pharmaceutical......😁

Proudly monkey seller in different sector at different times.......

[quote author=megawealth01 post=132969799
You might have to think of investment with this TANTALIZERS...

IF they scale through this then they should be eyeing #2[/quote]Something that will still hit N3 self.
May not be on straight line though

Sunrisepebble:
MH? I have put what I can afford to lose, if it comes to pass, good. If it doesn’t, I will not lose sleep over it

Don't mind that Oga
He's heavy in same thing he's saying you have been scammed....he get plenty OANDO.
They're plenty here, talk different thing on the platform and act different thing on coded mode.
Anyone following them 100% doesn't know what he's doing....
It's a risk worth taking.

Locotrader:
Peterichy has been caged by CADBURY for almost 2 years now.This is the reason you never see him for sometime now.

Village people on him.
He needs to go and appease the gods

Peter's turn to appease the gods......lol 😁

HONYFLOUR
Making us proud....
Getting lots of attention in market.....
Full bid @4.98

WAPCO
Offers now available

TANTALIZER
Few units available.......

megawealth01:
You might have to think of investment with this TANTALIZERS...
IF they scale through this then they should be eyeing #2

yMcy56:
HMK has arrived......
The Symbol/Ticker is: HMCALL
Trading not yet commenced.......this should be around 2.20 or thereabout..

32.6M units crossed in single transaction @4.22!
Up with +10% already.....

** Not any form of buy/sell

** Anyone with info on this company should pls share

dapix:
@LOCO,
You don sell JAPAUL GOLD finish enter JAIZ.

I just hope the people wey dey follow you dey do their own DD.
Guys be careful o!!

Na WA o
So with all the evidence and cross deals going on in JAPAUL in recent times, you still believe someone is behind the heavy cross deals?

This moniker sounds like the same person that condemned JAPAUL @ circa N1 that time......
Once a stock don't immediate respond when pointed out, it's MH to some of you......

Kwantinu........e go be for everyone's eyes at the right time when the person keeping the price down is done...

yMcy56:
HALDANE McCALL PLC (HMK PLC)
- HALDANE got approval to list on the main board of NGX
- Listing by Introduction of 3.12bn shares at the price of N3.84/share
- HALDANE is into Real Estate and Hospitality
- Listing to take place today 20th November, 2024 at around 1.30pm
https://www.google.com/amp/s/businessday.ng/companies/article/haldane-mccall-gets-approval-to-list-3-12bn-shares-on-ngx/%3famp

https://hmkplc.com/governance/board-of-directors/

HMK has arrived......
The Symbol/Ticker is: HMCALL
Trading not yet commenced.......this should be around 2.20 or thereabout..

currentprice:
hope that insurance that will soon do custodian price is behaving well
watch out!

Oga CP well done sir....
It's behaving well.....
Slow and steady.......moving up....
Loco also helping it's ministry with aggressive marketing😁

Na WA o
Make una leave ELLAHLAKES if you didn't buy nah.
What revenue did Tantalizer made within one week that it's almost doubling it's share price now?

I hope we can just learn to comment on the average on some stocks and just allow Mr. Market take care of things.


That said, Consumer goods Sector seems looking up........with UNILEVER leading the crew so far.....
Honeywell also getting attention...

FIDELITYBK
Barrier @15 removed since yesterday......
Now on steady rise......💪

UACN
@22/90/23.....
Also gearing up?

@CP and Oga BBM identified this stock long time before now......
CP's bedsheet na one in town......

GTCO Vs. STANBIC
Now trading at same price range.....
We see what the next move looks like......

OANDO, do this accumulations/consolidations fast and let's enter fast lane abeg.....

megawealth01:
Billionaires don't make noise.

This forum is faceless so maturity is staying FOCUS on making the CASH and let people believe WHATEVER they want to BELIEVE

Mega, all these your billions you're flaunting, diarisgodooo
Hope you're already preparing to do Christmas giveaway here.......
You also owe me Christmas rice, bag or bags, 😁 God sparing our lives.....

TANTALIZER, EUNISELL
Where are the FA gurus?
I was expecting them to come and tell us something about results in relations to what's happening in market recently.....

yMcy56:
He hasnt seen a much tantàlizing curreñt one.....
Dont mind him. 😁

@Ginalex , little did I know I was telling you expo on this Tantalizer just last month....

I always believe there'll always be another opportunity in another stock once one misses a bus anyway....

HALDANE McCALL PLC (HMK PLC)
- HALDANE got approval to list on the main board of NGX
- Listing by Introduction of 3.12bn shares at the price of N3.84/share
- HALDANE is into Real Estate and Hospitality
- Listing to take place today 20th November, 2024 at around 1.30pm

https://www.google.com/amp/s/businessday.ng/companies/article/haldane-mccall-gets-approval-to-list-3-12bn-shares-on-ngx/%3famp

https://hmkplc.com/governance/board-of-directors/

Quite some stocks on full bid.......
UNILEVER also joined......
it's well o

GT moved back up to 56......

As everyone dey talk im own, make I mention the stock fish I'm currently looking at too......
This one's fundamental is improving.....
Moved from negative to positive......
From loss position to gains........
Shareholders fund increasing......
Lots of potentials surfacing.......Lol.

Meanwhile, Oga Emma is doing well with his own marketing too. 🤭

ASO SAVINGS

https://doclib.ngxgroup.com/Financial_NewsDocs/Aso_Savings_-_Q4_2023_UFS.pdf