₦airaland Forum

locodemy:
oando MUST deliver 100% profit from todays price before the right issue price is determine.I may not tell you any other thing apart from this since this stock is full of risk and opportunities.if you make gain it is your pocket and loss also in your pocket.Nobody will venture millions of naira in a stock without first doing his market researches.so this question is only half answered.finish the rest by yourself.

Thunderlicious:
STOCK RECOMMENDATION
Alert type: BUY
Stock: UACN

Due diligence advised.

Intendy:
its OK but while be optimistic just imagine buying today @0.50k (with no assured appreciation) and by January 2nd NSE put in place the rule that removes the 0.50k base limit.
what do you think will happen?
trade/invest wisely

locodemy:
After trading low,oando will still close at 5.88 to show it has nothing but upside direction to go.i have reasons at hand that entices me about a particular stock despite oil price fall,stocks like oando,transcorp and eterna will excel in 2016.

Raider76:
They should also give example of those who got wiped out. These are the kind of stories that make people come here and start asking of which stocks to buy to make 100% in one week.

ihedioramma:
but i sand them text five times no reply or because i did not sand tru labtop or my 3310 phone cant sand text to lagos?

Agbalowomeri:
You see, when you write sand instead of clay, they automatically think it is a robot-generated spam. So you cannot expect a response

Chibuking81:
they are one out of three stockbrokers I am dealing with, they want to lock up so that remaining foreign investors will hold on, at least till next year. Anyway they like enjoyment, is like they will slaughter 1000 caw this December for their customers. How far Zendi, hope your stockbroker will give bonus this December?

zendi:
Good news for Oando, FO, MRS and Eterna.
NNPC 2016 Crude Oil Lifting Term Contract Winners;
List reduced drastically from 43 to 21.

http://www.proshareng.com/news/Oil%20Sector/Forte-Oil-Oando-win-Nigerias-2016-Crude-Oil-Contracts/29580

9free:
Jegede dey sleep when others dey apply for this contracts?

PETERiCHY:
Time to buy OANDO because subsidy will soon die a natural death.

*ThE OcToPuS*

Chibuking81:
Remember Oando is still looking for 80 billion to pay part of their debt. ASI ( All Share Index ) drop to 26,500 on Friday, and still going down. Those who advocate for Subsidy removal based their argument on the dwindling price of crude oil, Banks, companies are looking at the side of reducing their workforce to save cost.
Nigeria as for now is totally dry, foreign investors took their money away, price of naira is facing another devaluation ( black market sold last at #270 on Friday against Thursday #280) Nigeria politician due to fear of probe and seizing of their investment, most withdraw their money to invest outside. There is currently buying apathy on the side of the stock traders and investors due to fear of continuous dropping in the price of crude oil and in generally, fear of unknown. Many that want to dump their stock on people might come with good picture of a particular company they bought share in to lure people inside in order to dump and run, but it's not the best because we are all BNSITL.

9free:
Dangote's name alone run things on any stock. E dey vex me say I no see road enter this train today. I'm interested in only 15% gain.

Raider76:
Hope the offers don't show up once the price reaches N1.30. People are only looking for 10% nowadays.

locodemy:
most stocks will be on full bid starting from monday.Any transactions done on the active stocks of the moment will never be regreted because there will be serious bergain till the end of the month.on the contrary,bears may resurface in the new year.The reason is the nation needs to be addressed on the situation of our currency and oil price.

Chibuking81:
Where man's treasure lie there lies his interest, without been told, I know that you have a good percentage in Eterna, I like Eterna but as for now I don't have any percent with them, one bad thing about them is that they eat alone, they never declared dividend. I wanted to start taking position in the stock this year, but with current happening in crude oil price, I am patiently waiting for the price of crude oil to bottom out, if possible stable. Iran may start their oil supply by January 2016 and this will push oil price further down, thereby affecting Nigeria economy and the stock exchange market, but if their participation is been perfectly handle by OPEC, at least economy will be improving gradually.

zendi:
Is contract renewal not an achievement?
Reduction of contract holders from 43 to 21 means more business for the winners.
The problem of oando is that its messy debt situation neutralises every good news that comes its way.
But this is big for eterna, plus the 403b subsidy reimbursement loot
right now being dished out to the petroleum products imports cabal.


(modified)

bigass:
There is nothing new about this. It is like contract renewal. Oando after the COP deal had her capacity increased to 60000 BPD.

locodemy:
The news i have been waiting to hear is finally out.Oando shares directs nse market prices.Two months ago,oando released a loss results which reflected on every stock prices if anyone is observant.This particular contract placed on oando for 2016 crude oil lifting will not only lift the price of oando but the entire nse.I expect this stock to click to#8.00- #10.00 before the year runs out.Other stocks one should consider for good returns are eterna oil and transcorp.i am positioning myself for these 3 stocks today.i am now happy.The future is very bright for oando,eterna and transcorp.

ucheson2:
I like this "positive" change that is taking place in the market.

Raider76:
US Central Bank (The FED) has raised interest rates to 0.25%-0.50%. Lets see how the NSE reacts tomorrow. Hope with all the withdrawal of foreign investors the rate hike has already been priced in.

angelo82:
When all your clients are bearish clients,why won't the broker go on abnormal holidays...............Optimism and Pessimism can be brothers but am sure they dislike each other...............It pays to be optimistic................

Chibuking81:
one of my stockbroker sent message to inform me that they will close on 18 December 2015 been next tomorrow and to resume on 4th January 2016, for Xmas and new year celebration. I believe other stockbrokers may close on the same date with them, and resume also on the same date with them.

Born2berich:
General offloading and panic selling happening in the general market(NSE)...Hope you guys are sharpening your cutlasses...Xmas money must not pass me by.

Justcul:
Monkey hunting

Elai147:
Certainly there's no gainsaying one should invest only in fundamentally sound stock. If you must dine with the devil, you need a very long spoon in order to keep your distance. I guess Tiger Brands did not carry out due diligence . After frustrating Tigerbrands out of the business they have started bidding up the price of the stock. Dangoteee, all dis things you are doing...dia is God oooooo.

zendi:
Aliko Dangote, the second richest man in Africa after me,
who sold his stake in dangflour to the South Africans, is buying that stake back,
thereby returning dangflour ownership fully back to Nigeria again.

(modified)

ihedioramma:
hello please what is happing with dangote flour?

Born2berich:
Read the write up...It is stated clearly that 65.7% to dangote industries and dangote will give tiger brand an immediate cash payment of 0.7 billion rands which tiger brands will use to settle their 0.4 Billion debt...What does this mean? It means tiger brand will clear its debts and will be in profit at the moment..This is why the high bids today...People that were able to get this info on time has jumped in...Too sad this news didnt get to us right away...This news is good for immediate JIJO.

Intendy:
sometimes after the rain na flood o.