₦airaland Forum

ojeysky:
Okay that's an aspect I didn't factor in...I just checked that and men considering the level of splitting yes indeed I stand corrected o. 1m turned 500m within 4 years! Wow!

People have done this(by the same factor) in the last 4 years also on NGX.

ojeysky:
Unless the person was trading (selling high and buying low) I don't see how 1m naira worth Tesla will be 500m naira now. The lowest Tesla sold during COVID was at an average of around 15usd, exchange rate in 2019(covid started in 2019) was around 380. Price of Tesla later peaked at 400usd+. So it should not be worth more than 110m now.
Irrespective it's sad how bad Naija economy and exchange rate has become within just 4 years!!!

I hope you know there was a shares split in between which later spiked? Just pointing this out.

KarlTom:
Sadly/Ironically camps can never be settled. From MEND to NDPVF.

The money on the table is HUGE

https://businessday.ng/politics/article/oil-pipelines-surveillance-contract-how-asari-dokubo-is-trying-to-eat-tompolos-lunch/

It is what it is. Bottom line, the leakage is reducing.

You seem to have not been in Nigeria when you talk about reducing oil theft. Have you seen how they have been some what serious with illegal bunkering in the creeks. I have overhead several "boys" complaining and quitting because saboteurs are spilling these sites to the Make-shift Tantita. It is working. The hawks are home, so they will feast on anyone found lurking.
The whole Tantita stuff which was setup with a monthly rumoured 4billion opex to you-know-who is one of the reason that black Alhaji has been making noise. Camps are not settled.

megawealth01:
Aradel To Acquire NNPC, Totalenergies Oil Fields

https://punchng.com/aradel-to-acquire-nnpc-totalenergies-oil-fields/

Bulaba should have given Oando this too

Marginal fields are for small players. Kpatapkata, 10-20yrs life span.

Fun fact:
Oando has only experienced two months of "significant" profit taking(100m+ in volume) this year at circa 16 and circa 9.

The last 3 months witnessed strong bulls in excess of 300m+ in volume and 500m+ only in August.

megawealth01:
Why you remove F

Anomaly

megawealth01:
If you have info about UBA RI please share here...

Thanks

Banks(UGAZ) are generally back to Strategic level for a first tranche buy.

(Please do not cause any unnecessary bull thank you)

megawealth01:
You work for them?

Not really.

If you have good 8-9 digits, you might want to start considering these infrastructure funds' managers if you haven't. Its just plugged to essentials of our economy. Its just a sit back and watch your money work.
https://businessday.ng/markets/article/ava-global-asset-managers-lists-n4-075bn-infrastructure-fund-on-ngx/

Sunrisepebble:
https://nairametrics.com/2024/08/09/federal-government-allocates-n20-billion-monthly-to-julius-berger-for-82km-abuja-kano-road-dualization/

The only sentiment I can hold here is that baby_Hitl£r is chilling in fct(I missed his loosed-tongue mentor sending prayers). Those people na them get JB Nigerian branch oo

megawealth01:
You surely have an eagle's eye

I was just a Covid corper. By my education I was very much exposed to oil and gas matters at my level. Seeing Occidental at such ridiculous prices even at the back of just acquiring anadarko. I was like is it ment??🤣

WTI touched a negative(one of the motivation of looking at the commodities market).
We can't talk about the patient lying wealth during covid19 and the cons of that period(RIP to all we lost).

Capitas7:
Original post trimmed to save space.

I agree with this thought.
He has said it before that insurance is en easy money-making machine. Berkshire's sell off is very selective across his interests. I haven't read/heard of sales of Spotify, Coca-cola, Occidental pet, Amex (seeing it for the first time in your post), insurance etc.

You see that Occidental, he picked it up when it can be considered as a penny stock in 2020 down pour. Till date I have an average of circa $10 on it. The Prince of Omaha doubled(just being conservative) his already existing "fat cash" portfolio.

NNPCL is now clearly just an SPV for the BAT presidency.
Oando is now what NNPCL could be for the time being.
NNPCL would be less competitive as all that is now for Oando to drive.
Oando is now NNPCL

Remember the Saudi's investment hint in the oil sector earlier?

The only thing left for Oando now is to float private investment(fresh funding/recapitalization). I'm critically looking at 2MMbpd production output for that decision to look more likely.

Just my sentimental oil sector analysis ✌
(It is what it is )

I don't follow the market again. You people have given me 75% paper profit in RT . What's going on here

Oando is now giving me sugar daddy vibes🤣.
Circa 50. Strategic level. 🚀

For good reads

https://www.premiumtimesng.com/business/business-news/725854-amidst-fuel-crisis-nnpc-retail-cedes-total-control-to-ovh.html

You will be wowed I promise you.🤣

Just tell me how many times you shouted "wow".

emmanuelewumi:
The property was sold to release cash and enhance liquidity, reason why I respect his ingenuity.


Just like someone who sold his apartment for N20 million, then invested the fund in fixed income to get N4 million per annum. Whereas his rent N1 million per annum.

Then used the fixed income investment as a collateral for a loan of N12 million in order to enhance other money making opportunities. Was lucky to turn the loan to N40 million within 30 months

Ahh!! Oga Emma, you're the reason I see money differently. 😌🙌🏽🙌🏽

Streetinvestor2:
Another question just crossed my mind on this oando matter .why is agip leaving if those oil wells are full of real wonderful dollar value. I hope they have not bought another expensive shell like in the first deal oh.I hope the management shine eyes well in this second oil company buy.As per power company attached that wan na super story.

Any expert in that field what do you think on agip oil wells performance .Make e no be say dey don go buy beautiful nonsense again...lol

If you have been following up on the sectoral investment in the country, you would notice that the O&G sector has had almost a zero investment from FDIs. Invariably, multinationals are swinging heavily into renewable energies. It will be a fools charade(for Nigetia) to start chasing industrialisation with renewable energies when we know we must forge our own development on existing realities(black gold).

The security has also hampered onshore investment for most multinationals. Hence, the seemly activiness of security apparatus on bunkering of late(because the local hawks are now in for onshore operations) while the multinationals head out to the deep waters(offshore)

emmanuelewumi:
The worst part be say I got a loan of N2 million buy both the public offer and the right offer.

When Oga Emma speaks, Na assignment be that. Twalé Sir!!
I would be doing my findings on the dynamics of recapitalization.

SonofElElyonRet:
Only God knows tomorrow bro..
I had a long term approach to Oando shares which was why i didnt sell. My stockbroker actually called me to notify me that bids were thinning out when it reached the peak (was N49 i think) and advised i sell but i didn't listen. I bought at N18.50 so I'm still in the green... Wale can release positive news to help price action but i don't think the guy considers shoring up price a priority for now.. Oando still has prospects long term.. i think

You entered at such high, will be safe to lock in your capital at 100% and allow the rest do the journey. I get it long term, but caution. I have locked a 100 and another 200% increase since running from 9. Whether Oando takes me to 400 or whatever, I am satisfied. Locked Capital already chasing 3 years bonds.

No ifs, no hope with my capital. That can be done with bonuses. Selah!

Caveman?? 👀👀

Small 50 naira all of you cannot be calm.

Raider76:
I am developing what I will call NSEMPA Sentiment Index. Over the weekend I will go through all posts and count the number of times a stock is mentioned, and whether a buy or sell if indicated. Other parameters can be added later in further development.

I will add that I do have a bit of free time since I am not working for anyone right now.

I like the initiative. I think Osita does something like this, but with that his <can't remember> technique he uses.😁

I'm guessing you'd be running a sentimental analysis on the forum? If yes, me I just want to see your code block. Please....

KarlTom:
...

A clear sabotage of Dangote Industries. Man should just find willing Africa producers to meet his quota. Damn Nigeria and supply to the rest of Africa. But again, they will still frustrate him if he takes that route.

But again, our sweet crude delight is something you can't overlook.
The low-sulphur content of our crude is really an eye catcher vis-a-vis the operating efficiency of the plant

Does he even realise the dead capital ensued in our current geopolitical formation?
Do you know how much economic value you'd unlock from this unwholesome contraption?

Our lengthy convo is paying off. Project 10bagger in site.

They have succeeded in taking part of the national cake. NSEMPA is not left out.
They should start sending some to common man oo. We are protesting oo!! 🍃

yMcy56:
Exactly.....
...and if he still wants, he can wait for pullback or, jump in at highest price tomorrow...with the hope of averaging it down should it pullback.

Ahh!! This one is not gambling oo. This one is called Park at owners risk

If you're not sure on merger no merger situation, stick to Diabetes. The more the fall, they better o.

Corp over Power. Oliver twisting is not entirely a bad idea

Long term.

Say no to gambling

thebargainhunte:
https://www.thecable.ng/breaking-tinubu-directs-nnpc-to-sell-crude-oil-to-dangote-refinery-in-naira/amp/

Good move by fg

Alhaji don get deal.😭.

Moral lesson: In this life "try dey shout small"


*Of the 15 tankers he needs in a year, NNPCL agreed to supply 4.*

All is well oo.
.
.
.
Somebody say; "I got the power!!!"

Mind you everybody is already doing shares dilution in whatever guise.


Minimum wage is a disguise not born out of interest for the people, but to propagate his workings.