₦airaland Forum

mikeapollo:
What does "initiate" stands for or mean? The first to make a move or request. Was it Oando that made the first request to the Court or they responded to an initial request ?

mikeapollo:
To my understanding, the Oando court case coming up in October is between the 14 minority shareholders who went to court to ask for Oando to buy out their shares. The Court has varied it's easier order dated June 2022: so only those 14 minority shareholders will have their shares bought back if they still want to sell to Oando at N7.07 per share. . Other minority shareholders are not affected and their shares are intact. Some 5 minority shareholders went to court to challenge the 14 shareholders and the court gave judgement in favour of the 5 shareholders, saying that all minority shareholders cannot be forced to sell their shares. As it stands right now, Oando is not delisting. If the 14 shares sell their shares, Oando will buy them back but will still be listed because the company did not initiate the idea to delist its shares, it only had to respond to the case brought by the 14 shareholders . And that case has been technically shut down by the court. The case coming up in October is just for formality. It is already dead case.

Streetinvestor2:
Can you share the link.What was transcorp power PAT since they have the same capacity. Is the oando power plant linked to the national grid. All my questions here are for sincere purposes because I don't have idea about them

emmanuelewumi:
Total asset minus total liabilities will give you the net asset.


The banks and other financiers have the first claim to the reported power plants and reserves.

The net asset gives a better picture of business

emmanuelewumi:
How come you did not consider the liabilities. Subtract the liabilities so that we can have the net asset

Streetinvestor2:
So what did you use to arrive at the fair value since what fundamentals or sentiments says is not necessary. Did you consult an oracle

designking:
The JSE Oando is it the same as the NGX Oando?

designking:
I waited too long... Tomorrow I am cashing out all my Oando shares too.

Oando pullback will be epic

Deadlytruth:
Hehehe..... I will only send him 5% tithe because before his prophesy came, I had already had my own conviction that OANDO would do wonders sooner or later after Tinubu was sworn into office. His prophesy only came to reinforce my conviction. So it was a 50:50 job between us. Though before Tinubu became president, I wouldn't touch OANDO with a 100m long pole, and once he is out of Aso Rock, the romance between OANDO and me ends straight away.

jaybee3:
"The world of reality has its limits, the world of imagination is boundless."
Jean-Jacques Rousseau

Locotrader:
For those of us here looking for what to buy today,C&I leasing is not for everyone today and possibly this week sha.

This Abbey Mortgage is never for everyone.It is highly illiquid but a good stock to hold.You need a good lecture on how to acquire illiquid stocks.

Start buying CHAMS from this morning.Dont miss it.I repeat,DONT MISS IT.

Stop envying those in Oando.They deserve the reward.Not everyone can gamble oando.Let them eat the fruit of their labour.It is a #200 and above stock.Unless Tinubu is not our president again.

May you be blessed today.

Back to my cave for observations.

Deadlytruth:
You got this prophesy very right. You are a true investment prophet. Now give us prophesy on the next stock that will repeat the OANDO story.

Streetinvestor2:
It has to be IB product because I don't have investment in guiness.

One another note.you way I quote didn't take my statement personal. Shot fired.When you come out blasting. They will turn back and form victim mentality. Make everyone dey see.i won't say anything for now

Streetinvestor2:
My broker just called me.He told me is Warren Buffett that is buying

I didn't want to say it till market close for the day

Raider76:
Please what's causing this bull beyond Oando?

Princkez:
imagine this headline news..."OANDO BUYS Port-Harcourt REFINERY "

Mankind2024:
@YMcy56, I'm dead serious about this opportunity to partner u 4 life.
With UCAP alone, Oga Agba should consider stepping aside and letting me build upon his progress. I'm willing to upgrade your UCAP benefit to 500,000 units, as I anticipate a significant bonus of over 1.2M from this deal. If you agree, I'll also include Mag7 as an additional incentive."
I no dey waste time, make I kuku go file for divorce.
The UCAP dey sweet 😋 me for Belle.

zendi:
Wale bad, Wale bad.
Wale dey send bnsitl to bond market with heavy loot. Here is a sudden tribute to Wale Tinubu :

He brought the first crude oil stock, with the super strong sentiments around it, to the NGX. Thereby, albeit indirectly, he brought the elite crude oil biz into the grasp of the common man.

Though yet to pay dividend, let me tell you, from the days of ConocoPhilips negotiations to date, I have made more money from Oando JIJO than, I believe, if Oando were paying me dividends.

emmanuelewumi:
Trap induced investment

godlyguy:
Many will be trapped in oando even if they buy Nigeria. Be wise

godlyguy:
Why you dey reveal one of my secrets na

Although Wale suppose don comot sha

Princkez:
please what acquisition again?

godlyguy:
Why you dey reveal one of my secrets na

Although Wale suppose don comot sha

Choiceguy:
This one you are now looking for bond to buy,it seem the money you accumulate after Oando sale is too much. Omo my brother want to play safe now.

emmanuelewumi:
Who are the emotional people?


We have been having a wonderful conversation in the past.

Omooloriredade:
Another point I'd like to make is that there is so much diversity in the market. If you went to Oshodi market today, it's not possible that everyone in the market will have the same mindset, strategy, goals, product to buy or sell etc.
There is no one-size fits all strategy in the market. You need to consider demographics, individual goals, environment etc.
An elderly person approaching retirement will be more risk averse than someone just starting off his career.
A high networth individual will be more concerned about capital preservation and stable income than a low income individual seeking a big break.
A trader will be more active in the market than an investor.
Portfolio or position sizing will determine stocks that an individual can trade. It doesn't matter if a stock will double in two months, it's just too illiquid for some to trade. They won't go there.
Some people just need to buy once or twice in a year and sell once or twice the following year. It may appear they are "missing out" when they are not following your own strategy but investing N200m in one or two highly liquid stock at the right season (after corporate actions or usual yearly lows) and selling at just 50% gain the next year is N100m without any dramas.

Believe it or not, some are not even after growth as such again. They are contented with their portfolio size and just want a regular dividend income to meet their needs.

When you understand this, you would respect people's decisions with their portfolios.