₦airaland Forum

emmanuelewumi:
Insiders and retail investors are playing different games

chimex38:
Seems Fidelity Managed to pull it off..
Probably First to take off advantage

https://punchng.com/n127bn-fidelity-bank-capital-raise-oversubscribed-ceo/

Wiseoldman:
Random question here. What determines who is placed as a chairman of a listed company e.g. Lafrage, Presco, MTN, e.t.c. would this be the largest shareholder, or maybe 'one' of the largest shareholders who gets voted up? Thanks!

edwardaigb:
Good Morning brothers and sisters in the Lord.

SonofElElyonRet:
Na wa. You even attack person wey dey support you... you be warrior o

p.s. wetin be Onado 🤣🤣🤣

Zegra:
Lol
The guy has sold his Oando shares but isn't humble enough to acknowledge the criticism from forum members.

zendi:
The person who gave this biz the name SPECULATION was a genius. The Oando situation now is rather very simple. IF delisting has now died a natural death, then OANDO buyers have not even come to market yet. With the latest acquisition, Oando sits on a bigger reserve of crude oil (plus power plant) than Seplat, and sells at a little fraction of Seplat's market capitalisation, larger debt not withstanding.

megawealth01:
Sincerely I usually get in touch with Nigeria through nairaland platform...

My white staff in my FIRM in this country where I reside seems to know alot about NAIJA oooooo

Choiceguy:
I thought dangote have already imported crude from US and Brasil. I expected him to start sell from those refinered crude pending supply from NNPC

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. This will give a small weekly data base from which I will develop some form of an indicator to guide people as to which stocks are hot, and so on. In further development one may take the data daily and have periodic totals and averages. This system is commonly used in search engines, polling and market survey software.

So before I go on with it I want to know what people think about the idea. Is it a sensible, workable, or a stupid useless idea? Is someone already doing this or something similar? What may you add to make it better?

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

Streetinvestor2:
Una no wan sell oando now.No come back come point finger on any old post.The decision to stay longer than this is on your head. Me I am ready for tail or head from the beginning oh.No come begin complain like some are doing with sugar presently. Walahi I go follow laugh you

jideflash:
By reducing the shares via buyback, eps will increase.

Bagwa:
Oando Bid depth 43M now

Seunn11:
OANDO!

This stock, if allowed the degrees of freedom worthy of the class it ought to belong to, should be heading to 750 Naira by the time the DEAL is sealed.

lalalista:
Please who knows about the access bank high yield savings account that pays 8% interest monthly? I'm interested. How do I go about it?

zendi:
Maltese operation, Ras Hansir Oil, not owned by OANDO; Does not even exist, says OANDO.

https://proshare.co/articles/maltese-oil-storage-blending-plant-oando-plc-issues-statement-denying-ownership?menu=Business&classification=Read&category=Investments

SonofElElyonRet:
Even FCMB that posted fantastic result is down... OANDO holding forte... great things in the horizon by God's grace

Aquilapriscilla:
Has dangote refinery listed on the NSE? Any idea about it ?

unite4real:
better than Transcorp.

Transcorp hotel
EPS is 65k, floor price N98.40, Price to earning ratio is 158x

Ikeja
EPS is 62k, floor price is N7.10, Price to earning ratio is 11x

mikeapollo:
The regulator that decides, NUPRC, had announced officially on July 3, that the deal is 100% complete. This carries more weight in my estimation.
What Oando and ENI are saying does not add anything new to what NUPRC had said 3 weeks earlier.
Hence, this is still old news.

Raider76:
But where is Tinubu in all this? He is behaving like Buhari - quiet when the house is burning. Maybe his own Aso Rock cabal is not briefing him?

Raider76:
I don't think it's a good idea to dump money in individual stocks and walk away for 20 years, especially Nigerian stocks. It is better to choose an ETF or an actively managed index fund.

SonofElElyonRet:
Some have put all their eggs in one basket and meticulously monitored it... and it paid off big time

SangoOlukosoOba:
Thanks very much. I am just dumping money on the stocks to return after a minimum of 20 years. I don’t have plans getting into trading.

I just need a platform which you have listed for me, to have records and monitor its performance. I think I will go with Trove. It gets mentioned often on this thread.

Thanks very much!

Choiceguy:
Please is 10 October court date still holding. needed some clarification

megawealth01:
Still gamble

KarlTom:
IMO, the bolded is the issue we have as a nation.

EVERY individual or business has a phase of baby steps: that does not mean that someday they will not walk and eventually run.
No business hits the ground running without adequate support.

What Dangote has done (building a refinery of that capacity) goes beyond what most Nigerians can fully understand.

There is an endless list of home-grown businesses that had life snuffed out of them BECAUSE we wanted quality from foreign countries.

Those foreign quality products once started poorly too...

Streetinvestor2:
Don't mind some yeye people,lol.They are only happy to hear bad news happen to others