₦airaland Forum

SonofElElyonRet:
I get tashere 1 million units there my brother. Wasn't able to buy more today. My stockbroker no see buy . We go again tomorrow. Maybe I can get another 1 million units

But out of your 1 million you no wan sell to anybody.

See sense and greed.

SonofElElyonRet:
SEC still hasn't approved Regency Alliance bonus. Which kind wahala be dis?

I'm in your house after Sunday Service for the mbenefit party, king of penny stocks wey go do 100% quick.

mikeapollo:
You may have good point but it baffles me how all you say is hinged on Oando's past performance or experience alone, without even mentioning other players in the industry to support your point. There was/is Seplat, Mobil, Total, Shell, Chevron, Texaco (now MRS) etc

l have been focusing on Oando because the negative effect of possible oil glut I'm talking about is on crude oil and crude oil stocks only. Except for Seplat, none of these other companies you mentioned has upstream operations quoted on the Ngx, as to be relevant to my topic. All of them are downstream stocks on NGX, which are actually impacted positively in periods of oil glut. And of Oando and Seplat which are upstream and quoted, Oando is the one I'm well acquainted with, having been trading in it at my capacity from the beginning of it's upstream story to this moment. I have never bought a single share of Seplat.

I know you're a heavy staker in Oando, but other people have equally had their own experiences with the stock at their own level, some probably starting even long
before you.

Yet, again, impossible is nothing.
And it could well be that you are actually the Wale, masquerading here as Mikeapollo, in which case, I hail.

NB/ Besides, some of these multinationals you mentioned are also into shale production in their home country, in addition to their conventional production, and would not have been exposed to the same things Oando suffered during the shale boom.

PETERiCHY:
Low oil price crashed OANDO to #1.95k and Seplat to #150.

Well after 20ys of Trading in the DANGEROUS STOCK MARKET TERRAIN. Some of US have gone UNDERGROUND to ENJOY our RETIREMENT BENEFITS.

BARGAIN HUNTERS TAKE NOTE!

Okay, this my remark is to the entire house.

Thank God somebody who remembered the price history has spoken.
The oil price crash did not affect only Oando.
It equally affected Seplat.
Therefore was not Wale's bad management according to Street.
So what caused the price crash?
The answer is simple, Oil Glut.
But what caused the oil glut at that time.?

That is the hanging question.
The experience(s) of history help one to be prepared for the future.

PETERiCHY:
Low oil price crashed OANDO to #1.95k and Seplat to #150.

Well after 20ys of Trading in the DANGEROUS STOCK MARKET TERRAIN. Some of US have gone UNDERGROUND to ENJOY our RETIREMENT BENEFITS.

BARGAIN HUNTERS TAKE NOTE!

"Retired", but not tired.
Once a soldier, always a soldier.
There's still huge money to be made.

toyeoye:
Market is open, and it's looking greener so far! Let’s track today’s session together, live updates as they unfold.https://stockbubbles.com.ng/

this aiico is always green every day, yet the price never seems to be lifting up.

GeneralDae:
Wouldn’t this further lead to increase in oil prices?

https://apnews.com/article/israel-palestinians-hamas-war-news-ceasefire-hostages-03-17-2025-b8753b9458a44f10ab08aa9b12582780

Yes, break down of ceasefire.
Resumption of Gaza hostilities.
America-Houthi hostilities.
All Bullish on oil prices, for only God knows how long.

In one post in the last few days I described crude oil as the most fickle, therefore unpredictable commodity traded. commodity traded. If oil price sets out from Benin City for Auchi, it will be a miracle if something doesn't happen to divert it at Uromi to start heading to Onitsha thro Agbor.

Which doesn't contradict my central argument that Trump is the most Oil Industry friendly President of recent American history. Also that barring all these unforseen developments, and in view America's recent Energy supremacy through Shale revolution, this new Trump era will be bearish on global oil price.

Go and and ask Wale why in desperate search for a Refinery, having experienced Trump bear (oil) before.

Streetinvestor2:
This statement is a big lie.The opec crashed price to shut down Shale oil production.
And it was not oik price that took oando to ridiculous price. Why didn't other oil companies drop to such ridiculous price. It was wale bad management and over priced buy of assets that crashed oando.

Okay, immidiately after the Conoco Philip deal signing , oil price plummeted because of excess output through Shale boom.

OPEC+ found itself locked in competition with Shale by alternating between production cuts to defend price and production boosting to defend market share.

Oando price crashed because investors were spooked by the slow rate of debt repayment occasioned by the low oil prices.

Go and ask Wale

And mind you, Oando was the only upstream company on the market then so none to compare it with.

NB/ let's go and sleep to resume tommorow.

Emir01:
Like his crashing US economy. Trump is a confirmed noisemaker. Oil price will reach $80 soon.

I said before you in a yesterday post that the latest conflict escalation around the Mediterranean can take oil to any level, depending on how the conflict prolongs.
But Trump's original push for cheap oil will continue as circumstances allow.

Emir01:
Trump can't crash anything, Trump is a noise maker, even US don't want crude at $60 or lower. They are also exporting and want to make money, oil below $60 will affect them significantly because of their cost of production. Oil price will rise.

That noise maker is the most powerful man on Earth.
And he has intent to crash oil, that's why he made the Head of a Shale Oil Company his Energy Secretary.

It was the Shale Industry overproduction of oil that caused the global oil glut that crashed oil price that crashed Oando stock price to 5, go and ask Wale.

GeneralDae:
If you ask me, I think an average of $75 per barrel
would be perfect.

Market forces will say, including wars, ceasefires, peace deals, escalations etc.

But I believe when all dusts settle, Trump will find a way to crash it to $60 or lower.

Bukkydudu:
Please I was paid a large sum of money from flour mill around November last year. But in my portfolio with my stockbroker. My flour mill shares is still listed.

Confirm your status from the CSCS and and the Flourmills Registrar. Your Stockbroker should help do that.

toyeoye:
Oil and Gas sector MTD overview

Brent Crude oil has just jumped from 70 to 71 in first trading after the war started on Sat/Sun night.

These downstream boys you're showing me (save Oando, a special case) should be in red because the raw material for their products (crude) is getting more expensive.

AMERICA: Strikes will continue until attacks on shipping cease.
HOUTHIS: America will hear from us.
TRUMP: Iran must stop supporting Houthis or....
IRAN: Or what? You have no authority to dictate Iran's foreign policy.
TRUMP: Everybody is a world power with the mouth.
We shall see how it goes.


(humour in war)

Below, posted on March 02 2025, is how to cure the actual sickness rather than treat the symptoms in Ukraine, and prevent a Third World War which is euphemism for Nuclear War.

zendi:
As Ukraine conferences and counter conferences go on, this is how to stop the war by peace deal, before the war stops humanity by nukes.

1) Russia's Neighbours must not join NATO, EU or any Western Military Alliance.
Russia's Neighbours are Ukraine, Georgia, Finland and Sweden.
They must not also be coerced into Military Alliance by Russia.
Russia's Neighbours must stay NEUTRAL of military alignment.
The wrongheaded rushing of Finland and Sweden into NATO should be cancelled.

2) Crimea should stay Russian.
Every History I've read states that Crimea was Russian before it became Ukrainean.

3) Russia must withdraw from every other inch of Ukrainean territory, annexed or occupied.
Any Ukrainean-Russian who wishes to be Russian citizen should migrate into Russia, which has the widest land mass of any Nation on Earth.

Mpeace:
You are right about many things but that part of Nigeria and Nigerian companies benefiting feom oil price rise, i no to sure.
Nigeria appears to have sold its future whennit comes to oil. They have collected all sorts of loan with oil yet to be extracted.
We only feel increase in fuel price whennoil prices go up.

Nawaa o, as bad as that?

Markets Speculating is tough, and Crude Oil in particular, I've heard somebody say, is the most fickle commodity traded.

Yesterday, in a conversation mainly with Street, I argued that Trump's intent is to crash the price of crude oil. I also predicted that, almost inevitably, the direction of crude oil in Trump years is Southwards. I still maintain those views, but l made one mistake we're always making, especially with crude oil direction.
I forgot to caveate my convictions with the line : All things being equal.
Well, while we slept last night, many things fell apart.

*The same Donald Trump hammered the Yemeni Houthi militants mercilessly by airstrike for terrorizing the Mediterranean shipping route.
The strike is said to be just the beginning .
*Trump ordered Iran to stop supporting the Houthis or....
*Houthis are vowing that America will hear from them.
*Iran says Trump has no authority to dictate Iran's foreign policy.

So how are you seeing crude oil in all this?

Depending on how each of the actors involved is willing to back words with action, this is geopolitical escalation of a proportion that can escalate the price of crude oil to $200 or higher.

The Houthis can shut down a critical sea route for crude oil carriers around the world. They need only to sink one ship that may not even be an American ship and every captain will stay away.

Iran could dare America, and then America, or Israel, or both then jointly decide to fix Iran once and for all.

This is an unfolding event that began only last night. And if you think it's thread derailment, then you're certainly not an Oando, Seplat or Aradel investor, apart from Nigeria being a 70% oil dependent economy that stands to be affected.

Streetinvestor2:
I beg to disagree. Trump is highly interested in those oil companies working than closing shop.He see it as Americans way in the past of building a culture. That is why he wants Americans companies that have relocated production to other countries back.He believes those companies have memories and family histories tied together.
So what is the whole baby drill all about..
It does not mean he equally wants Oil too expensive to make its products expensive. for her citizens.Thr is a balance he wants to achieve both aims.Do yo know the size of American oil companies that he will want them shut down.
He knows all that noise about fossil fuel na scam

To flood everywhere with oil.
In other words to crash the price of crude oil.

It's up to oil companies to adapt and survive. But Trump wants cheap oil and that's the whole point of drill baby drill. Trump actually wants baby to drill himself to death.

But baby (oil companies) can adapt and survive by deploying technologies that will help them drill profitably even with oil at $30/Barrell.

Now back to the origin of this conversation.
Trump will crash oil. Oando had experienced this during Trump's first coming,
It was the drill baby drill of the US Shale Industry that took OANDO stock down to N5.
With Trump back in office, a repeat of history is almost certain. Oil glut and price crash is almost inevitable. That's why Oando is in mad quest for a Refinery.

Aradel has a Refinery, albeit a baby one.
If you can't sell your crude, you turn it to petrol and sell.

Aliko will be King beneficiary of drill baby drill with his oceanic capacity Refinery. Traders from all over the world will beg him to take crude oil. The Nigerian mafia that tried to frustrate him will beg him to take crude. And already, Refineries are shutting down all over far left Europe to depend on DangRef. Aliko will quickly climb into world's top 10.

Streetinvestor2:
Oga I am sorry you don't have idea of what you are talking. The low price of oil does not favour American oil companies. Go check the cost of production of sehel oil and the cost of production by opec companies. For Americans oil companies to still remain in business they need oil price to remain high.
The opec countries rather uses low price of crude to close Americans oil production which they have done in the past.It is only countries like nigeria that are not efficient that low oil affects.
Your initial post was about the companies into oil production and not about Refineries. My question and comments is about companies into oil production

Street, take this from me: American governments traditionally cared more about the public enjoying cheap gasoline (petrol) than about Oil Companies remaining in business.

Before the invention of the Shale Industry, US Govts used to pressure Saudi Arabia to boost production to bring price down.
I repeat, to bring price down to please consumers, not to hike price to help Oil Companies.

zendi:
The Global price for crude oil is the same both Globally and going into US Refineries. If the crude price going into US Refineries drops, the price of gasoline out of the Refineries will drop, and the Pump price going into Voter's fuel tanks will drop and the Voters will be happy with the President. This is one of the dearest agendas of US Presidents historically-making Voters to fill their gas tanks (fuel tanks) cheaply.
And you know what that does to the political fortunes of the President and his Party.

America is not a Commodity dependent nation, so the effect of price drop on oil companies is not what the President worries about. The oil companies just pay their corporate and income taxes like other industries and that is that.

If price drops to a level that an Oil Company can no longer produce profitably, they just dismantle their rigs and go away.
But the President wants crude oil selling at $40 or lower.

Eexception was the confused, climate obsessing far left Biden regime who were looking for cheap oil in the tradition of other past Presidents, but at the same time cracking down on fossil fuel production "to save the planet".

Streetinvestor2:
Why will trump want oil price down. If price drops does it favour oil companies in USA.

The Global price for crude oil is the same both Globally and going into US Refineries. If the crude price going into US Refineries drops, the price of gasoline out of the Refineries will drop, and the Pump price going into Voter's fuel tanks will drop and the Voters will be happy with the President. This is one of the dearest agendas of US Presidents historically, making Voters to fill their gas tanks (fuel tanks) cheaply. And you know what that does to the political fortunes of the President and his Party.

Youngzedd:
I've got no worries because they've got good products and a solid management team who walks the talk.

ARADEL team always show full working, no be chochocho and buying Ad spaces and influencers

Oando has acquired a baggage of political risk in a foreign land. Going forth, Oando has to manage relationships carefully and neutrally with all Trinidad political parties, in case of political power shift..
Plus dealing with the local Labour Union.
I don't know why they didn't build a refinery in Nigeria.

But the Refinery is good, and makes Oando more powerful in case drill baby drill drops crude oil below $60/barrel.

Trump is personally watching oil prices closely to make that happen. Trump likes to be seen to deliver on campaign promises


In periods of oil glut and prices crash, oil companies fall back on their refining operations.

Youngzedd:
ARADEL is an over 1k stock.

We wait for Mr Time.

Yes, but Mr Time is rarely in a hurry.
Mr Time takes his time.

Aradel was high-priced at birth, and there's an army of unknown profit takers.

faoogoke:
Shell assets sold to Aradel affects only its Onshore operations.

Shell is concentrating on Offshore operations as a result of hostile oil producing communities hostilities.

The onshore assets are big deal, but Aradel is high-priced already. The 100% acquisition completion news may have been largely priced in, pending further demonstrations of the goldmine credentials of the company.

KarlTom:
ARADEL to the moon!!!

Shell Assets Acquisition 100% complete 👌💯

https://doclib.ngxgroup.com/Financial_NewsDocs/43342_ARADEL_HOLDINGS_PLC-ARADEL_PRESS_RELEASE_CORPORATE_ACTIONS_MARCH_2025.pdf

The Aradel moonshot didn't happen today.

But I pray deeply that SpaceX Crew 10 launch will be successful in a few hours.
Lives are involved.
And politics has become involved.
Bad, bitter politics.

easysunny:
Good day house. Pls what's the update on Flourmills of Nigeria Plc delisting? I learned it has been delisted from NGX daily official list.
What happens to our shares? I've some units of shares in my stock portfolio. What next?

You're still a shareholder of Flourmills.
But you no longer have much rights enforceable by SEC and NGX.

I think you will have to visit the Registrar to sign a document to the effect that you have refused the buyout and wish to remain a shareholder.

Importantly, you're still entitled to dividends if any.
Please note well this bolded, since you're no longer entitled to any disclosures like quarterly results.
So when you don't see any dividends, then you take it there is nothing to share.
But grumbling will always be allowed.

Mind you the company still has a board which holds periodic meetings.
But the 'G' in AGM, for example, will no longer be there.

I must be missing many things.

SonofElElyonRet:
Na you get dirty mind . Can't speak for others but as for me... "owo mi ma re o fun fun Nene"

The mind of good adult humour is not a dirty mind.

As for the bolded, mi o gbo rara .

Umehj88:
God bless you for all the double bottom

Agbalowomeri:
And the double tops

SonofElElyonRet:
This should pump the price till qualification day...

Nsempa wordsmiths wan kee pesin for dis place.

My friend Loco should come out of Ghost mode and tame his cultists here.

Agbalowomeri:
If you dey lose money don't worry e go better

jonnysessy:

Obrigardo:
Everything the rapist trump touches dies. We just pray America ain't one of them.

Nazi elon is going down down down!

Ah, Obrigardo, you're still around here, doing what you do best, which is calling Nazi, coon and the like? If everybody you bad-mouthed had gone down, Donald Trump would not be President today.