Welcome, Guest: Register On Nairaland / LOGIN! / Trending / Recent / NewStats: 3,201,306 members, 7,977,968 topics. Date: Thursday, 17 October 2024 at 04:26 PM |
Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11699691 Views)
Nigerian Stocks To Buy - 2024 Best Performing Stocks / Free Stock Market Pick Alert For All Investors Globally!!! / Dangote Resumes As President Of Nigerian Stock Exchange (2) (3) (4)
(1) (2) (3) ... (1153) (1154) (1155) (1156) (1157) (1158) (1159) ... (8293) (Reply) (Go Down)
Re: Nigerian Stock Exchange Market Pick Alerts by 9free(m): 12:39pm On Nov 05, 2015 |
chukyjones: And you just dey tell us after you don take position abi? Ifa dey watch you on HD |
Re: Nigerian Stock Exchange Market Pick Alerts by spicytayomic(m): 1:00pm On Nov 05, 2015 |
chukyjones: Waiting to enter below 1:50 |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 1:00pm On Nov 05, 2015 |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 1:04pm On Nov 05, 2015 |
Re: Nigerian Stock Exchange Market Pick Alerts by Manonamission: 1:07pm On Nov 05, 2015 |
"Oando Energy Resources Announces $91 Million Upsizing of RBL Facility and Repayment of $100 Million Afrexim Subordinated Loan Facility Google+ Share with CALGARY, Alberta, Nov. 3, 2015 /PRNewswire/ -- Oando Energy Resources Inc. ("OER" or the "Company" (TSX: OER) , a company focused on oil and gas exploration and production in Nigeria, today is pleased to announce a $91 Million upsizing of its senior secured facility (the "RBL Upsize " from $215 Million to $306 Million, and the repayment of its $100 Million African Export- Import Bank subordinated loan facility (the " Afrexim Facility ", which were utilized in the financing of the $1.5 Billion acquisition of the ConocoPhillips Nigerian Oil and Gas Business ("ConocoPhillips Acquisition" in July, 2014. The $91 Million RBL Upsize was arranged by Standard Chartered Bank and African Export-Import Bank (" Afrexim" as Mandated Lead Arrangers (" MLAs" with participation from Standard Bank of South Africa Limited, Stanbic IBTC Bank Plc and Natixis. The proceeds from the Upsize, along with cash on hand, were used to repay the $100 Million Afrexim Facility. Following the completion of these transactions, OER has total debt outstanding of $546 Million, comprised of: $306 Million outstanding under its RBL Facility; and $240 Million outstanding under its Corporate Facility. Combined with cash on hand, OER's net debt position is $500 Million as of October 26, 2015, down 44% from $900 Million outstanding at the completion of the ConocoPhillips Acquisition in July 2014. Commenting, Pade Durotoye, CEO Oando Energy Resources said: "The upsizing of the RBL loan is a true testament to the quality of the assets we acquired in July 2014. The cashflows from these assets have continued to pay down the Company's post acquisition debt with the assistance of the value realized from the resetting of our hedge instruments, leaving a debt:equity ratio of 0.57 today, compared with 0.91 in July, 2014. OER remains focused on its financial and operational goals of strengthening its Balance Sheet and maintaining stable production levels through production optimization in these times of reduced oil prices and limited capital investment." About Oando Energy Resources Inc. (OER) OER currently has a broad suite of producing, development and exploration assets in the Gulf of Guinea (predominantly in Nigeria). Average production for OER in the third quarter of 2015 was 53,169 boe/d."" - culled from SMN |
Re: Nigerian Stock Exchange Market Pick Alerts by Born2berich: 1:17pm On Nov 05, 2015 |
Born2berich:FBHN is gradually joining the bull's train |
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 1:20pm On Nov 05, 2015 |
Born2berich: chukyjones: he he he... dis our NSE too much sha, SMH |
Re: Nigerian Stock Exchange Market Pick Alerts by gbolah4real: 1:20pm On Nov 05, 2015 |
Transcorp Bids @ N1.77 => 2.29m bid qty @ N1.70 - N1.75 => 1.6m bid qty @ N1.61 - N1.69 => 7.7m bid qty 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by gbolah4real: 1:24pm On Nov 05, 2015 |
Transcorp Bids @ N1.77 => 0.7m bid qty @ N1.70 - N1.75 => 1.5m bid qty @ N1.61 - N1.69 => 10.5m bid qty 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Elai147: 1:35pm On Nov 05, 2015 |
Elai147: Upon the poor result from UACN it closed on full bid yesterday and it's about to do the same today. Maybe the next in line go be Unilever |
Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 1:36pm On Nov 05, 2015 |
Who is really dumping this transcorp |
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 1:39pm On Nov 05, 2015 |
Anyone who sold Oando at 5.something will be sad now...........Never rush to take a decision when the situation is already bad................ 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 1:40pm On Nov 05, 2015 |
angelo82: That is why I said "when confused, do nothing" 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 1:52pm On Nov 05, 2015 |
angelo82: Thanks .. not that easy not to sell thou @ that time especially when dem prophet dey shout sell sell it will go ack to 3.50 ..sold some yester @ 6.80/6.90 ... decided to leave the rest for now Like agba said when u re confused do nothing ..But u have to be strong ..when there is too much of naggin and re-posting same thing over and over He sold @ great loss and they re looking for pple to sell theirs too @ greater loss ..[consolation tinzs] |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 1:57pm On Nov 05, 2015 |
angelo82:i said it last week/month . |
Re: Nigerian Stock Exchange Market Pick Alerts by angelo82: 1:58pm On Nov 05, 2015 |
lancee: I believe the stock will recover and could be a success story like FO................. |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 1:58pm On Nov 05, 2015 |
born2berich ban for 99 years |
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 1:59pm On Nov 05, 2015 |
1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 2:02pm On Nov 05, 2015 |
lancee:thank you . myjoy084 what do you have to say about skye bank?. |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:04pm On Nov 05, 2015 |
lancee: especially when you see 50 million on offer for four consecutive days plus wale coming out telling you expect one more quarter of loss,,,,you will like getting out at 4 naira 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:08pm On Nov 05, 2015 |
currentprice: ;DAgree with u ..u will be thinking 1/2 loaf better than none ..beta to sell and loose half of ur money And with pple saying bankruptcy is next |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:11pm On Nov 05, 2015 |
lancee: then you will quickly remember how oceanic and intercontinental begin and end their journey 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:15pm On Nov 05, 2015 |
hope people watching oando volume despite the full bid. compare this volume today to that of yesterday.... beware |
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:16pm On Nov 05, 2015 |
currentprice: Chai .. bad memories |
Re: Nigerian Stock Exchange Market Pick Alerts by gbolah4real: 2:16pm On Nov 05, 2015 |
currentprice: No o it is going to N250 like FO 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:18pm On Nov 05, 2015 |
currentprice: IF they can help me push am back to 10 Don't know if its possible..got into the sinking boat @ 12 |
Re: Nigerian Stock Exchange Market Pick Alerts by PETERiCHY(m): 2:19pm On Nov 05, 2015 |
lancee: My average cost @ N13:28k and sold @N11:01k is a greater loss Well go and mark my word time will come when i will repurchase all my OANDO @ Sub N4 just like I did on FBN yesterday. We don't chase market we simply patiently wait for opportunities. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by gbolah4real: 2:21pm On Nov 05, 2015 |
PETERiCHY: leave am. let him be following Investment Advice from London. |
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:22pm On Nov 05, 2015 |
PETERiCHY: I agree with u ..oga @ the top ..u try from 30 naira we re making money this yr 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 2:23pm On Nov 05, 2015 |
i wonder why no foresight when bought oando at 30 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 2:23pm On Nov 05, 2015 |
currentprice: chai ..NSE whooping pple since 1960 |
(1) (2) (3) ... (1153) (1154) (1155) (1156) (1157) (1158) (1159) ... (8293) (Reply)
Viewing this topic: megawealth01, Ades1, gbengafaro1986, Raider76, GeeKudi, Ghost01(m), IamR and 13 guest(s)
(Go Up)
Sections: politics (1) business autos (1) jobs (1) career education (1) romance computers phones travel sports fashion health religion celebs tv-movies music-radio literature webmasters programming techmarket Links: (1) (2) (3) (4) (5) (6) (7) (8) (9) (10) Nairaland - Copyright © 2005 - 2024 Oluwaseun Osewa. All rights reserved. See How To Advertise. 41 |