₦airaland Forum

222Martins:
If that is the case, they must disclose it to the public..............So we still await the corporate disclosure on the manner of exit and the figures behind the scene There is non secret management secret in a publicly quoted company.

222Martins:
We are all here on Nairaland to see the outcome.............Win or lose, everybody go see am.

222Martins:
Nothing concern us with production line or the bonus Na the Selling/purchase price of Raysun/EnjoyCorp be the ultimate decider of whether to go long or short.

Locotrader:
I have IB shares too. IB is not Champion in terms of prospect weighting so forget bonus

They are the grandfather of losses.
Let them give us at least 1 for 20 to console us.

Even if I sell my champions bonus at #2,I will still get up to 3m.Its better than giving me dividend. Happy you perceive a tank in share price and not the the 4 you HOPE for

Champions can go below #3 only on general bearish market

222Martins:
That is left for the registrars to decide....But the more important question is: Why will the management of ChampBrew issue bonus at this point in time; right before or after the sale of Raysun's shareholding?

Locotrader:
If you are relying on 2023 report for success story,you will be disappointed.2023 is another bombshell waiting for explosions.

Raising of funds is the only option left now to clean their mess.If this fails,oando will cease to exist.

You have to wait till 2025/26 to see a strong balance sheet that is if you are still a shareholder by then.

KarlTom:
Whereas the bolded is more likely of the two, I believe that whatever comes out of this whole shenanigans will make me smile...

Locotrader:
lol @ Loco.Hope you considered this in your optimism

If the proposed advances from the exiting major shareholders are convertible debts, which often allows creditors to convert debt to equity in case of default, it could give Mr Tinubu and Mr Boyo another option of acquiring Oando fully, both of them being the core shareholders, if the plan to buy other shareholders fails.

Oando will also consider “the issuance of stock instead of cash for payment for services to vendors until profit and healthy cash flows from profitable operations may be achieved,” according to the earnings report.

Locotrader:
To you it is outdated but to oando,it is latest.
Is outdated result suppose to put a fresh panic in a stock price? Why releasing this bomb now ?
3 Trillion debt no dey fear you.
Imagine Gtb capitalization is debt to oando.
Stock wey never reach 500B capitalization is oweing 3T

awesomeJ:
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Mpeace:
Almost all the discos now focus on band A consumers. Here in owerri where I work, there are places that haven't seen up to cummulatively 3hr of electricity since the increase in band A tariff. Its like 10mins per week. Which I think is Just to assure them there is nothing wrong with their transformer. The focus is on band A cunsumers.

All you see on EEDC page are apologies and excuses to band A customers on days they don't meet with the 20hrs requirement.
No apologies to other bands.

I think the ministry of power made a huge mistake and need to make new policies to protect customers on other bands.

aremso:
FOXO Technologies Inc. Announces Receipt of Notice of Non-Compliance with NYSE Continued Listing Requirements

chimex38:
Fidelity is being owed by 3 discos and take over operations . Kaduna, Kano and one other Disco.
Debt recovery within 2 years could help I think.

KarlTom:
Dey play.

TOE once said he does not plan to list the POWER arm until around 2027...

Jaakay:
Have you considered that due to the debt incurred, they may have sold or tied down the crude in contracts at prices less than the current oil price I.e. 50 - 55 dollars? My opinion, be optimistic, but plan for the worst. Note, I am also invested in the stock.

Bukkydudu:
Good morning everyone


Please can someone help me with what gtco declared as dividend please

Saw it on Naira metrics N.60k

Thanks

BabsO2:
It will be good to see what forex gains or losses are declared in 2023 where material exchange rates jumped. We are already in Q2 and should be looking out to see their bond issue. Only wahala is NGN interest rates currently at peak thereby making bond funding very expensive. They may be forced to proceed with equity funding through private placement.

BabsO2:
Page 91 & 92 of the just released 2022FY Going Concern statement.

Locotrader:
My oga,na your slogan I dey follow now.

Locotrader:
Okay,they put all the calamities together to form bomb.It will not explode on me

Locotrader:
You are talking of outcome of the meeting when they are using poor results to chase you out.
Only this Q1 result of 2022 can send the price back to #7.

Jaakay:
If you dig deep into the 2022 funancials, they have already told you they made a loss at 2023FY unaudited account, with the hope to come back to profitability by 2024FY. They will be coming to raise funds at some point, either through the market or via bonds.

DeRuggedProf:
Liquid Metal, Indaboski Bahose, Abido Shaker, Rababababa, derekokoko, ...
Loco, this monkey don jump to another branch again ooo...

Princkez:
https://doclib.ngxgroup.com/Financial_NewsDocs/40973_OANDO_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2022_FINANCIAL_STATEMENTS_APRIL_2024.pdf

aremso:
NYSE wants to introduce 24/7 trading just like crypto, gurus how can this affect us positively and negatively?

Johnwrite:
I don tire for all these things abeg

yMcy56:
The kind of traffic this Dangote issue has generated here come dey make person careful to post...

Na to go hustle and find money on standby sure pass now...... the drama don start be that..
DANGSUGAR is yet to upload her own version as at now.......

Make una no quote me to insult, me self dey in the bus........we are waiting for more updates and actions in coming days or weeks...

Ginalex:
I'm trying to be o Alhaji do me strong thing

leparj:
Wish I sold off my DangSugar wen it went to above N70 and use the fund to buy more Zenith Bank or UBA.
My gut feeling was telling me to do so to increase my dividend income.
With benefit of hindsight, shd ve cashed out and reinvested the money elsewhere.
But the talks here of Dang Food getting to N200 plus held me back.
Not blaming anyone sha.
To worsen things, No dividend from DangSugar.

Access Bank dividend just entered. Will take a few cold beer to console myself.

ndept:
The way people are even running from DS/NS, it may be difficult to get the buyer with the required 100,000 units block to send the price down