yMcy56:

They're selling at junction, you go see if you wan buy...😊
The dumper is still dumping...

I'm monitoring the situation to know when he about to be done... I won't mention any of buys here again. Na just cruise I go dey catch and probably just drop name of companies

bastardson:
We all said we gonna buy anything below 500.. Now everyone Dey fear 🤣😀.

When should we genuinely buy in?

How many are the "we"?
The ogas making mouth don jejely abort the idea.
The day it bottomed and closed high, you'll read about how they picked at the bottom price.
Where is Peter self? 😁

KarlTom:
ARADEL now officially 415...

Officially 401.10.....
Until the dumper is done dumping.....

Kudos to SEC for wielding the stick of suspension on trading on Oando shares otherwise the selling price of Oando shares would have continued to sky rocket based on the media hype and the hope of positive turnaround rather than on actual improved financial report.

Some people will have to personally experience loss and disappointment before they learn. So it will always be fruitless attempting to caution, educate or protect
them. While some will allow wise counsel to prevail.

I am happy for the pivotal role SEC played here and so proud of them for their courage. I pray they do more to sanitize the space so that people will invest their money on facts and figures and not invest blindly or on media hype.

megawealth01:


I'm monitoring the situation to know when he about to be done... I won't mention any of buys here again. Na just cruise I go dey catch and probably just drop name of companies

I am sure he will stop around 300. When the bounce reach 400, he will continue the dumping Lol

yMcy56:

Officially 401.10.....
Until the dumper is done dumping.....

Hopefully it will dip further to ₦360 tomorrow. The deeper the merrier.

yMcy56:

Officially 401.10.....
Until the dumper is done dumping.....

Dumper will not rest till it reaches #100. Wahala

Agbalowomeri:


I am sure he will stop around 300. When the bounce reach 400, he will continue the dumping Lol

Is that the bottom belle?

Xidget:
Dumper will not rest till it reaches #100. Wahala

Aaaaaaah

designking:

Hopefully it will dip further to ₦360 tomorrow. The deeper the merrier.

Nice catching a falling knife 🔪

Harvestock01:

Nice catching a falling knife 🔪

It is fun catching a falling knife with a full iron shield.

megawealth01:


Is that the bottom belle?

Just postulating. I expect him to do a breather before coming back

designking:

It is fun catching a falling knife with a full iron shield.

More rewarding picking a fallen knife 🔪 though with less razzmatazz

sophy17:
Kudos to SEC for wielding the stick of suspension on trading on Oando shares otherwise the selling price of Oando shares would have continued to sky rocket based on the media hype and the hope of positive turnaround rather than on actual improved financial report.

Some people will have to personally experience loss and disappointment before they learn. So it will always be fruitless attempting to caution, educate or protect
them. While some will allow wise counsel to prevail.

I am happy for the pivotal role SEC played here and so proud of them for their courage. I pray they do more to sanitize the space so that people will invest their money on facts and figures and not invest blindly or on media hype.

Excellent post!
Ironically, the same SEC was accused of being ''bought'' over by ''the powers that be'' and that Wale has ''influenced'' or ''pocketed' all of them, so he could do whatever he wants and SEC would do nothing.
Now, we have seen that the SEC is actually doing something positive for investors and the market at large.

Let us bash Wale for his failures and poor performance of Oando and others like him, but reduce the unfounded and baseless conspiracy theories, lies, rumours, propaganda and mischief etc. that we Nigerians are of fond of peddling against everyone, every institution, especially politicians and persons in high offices. We lie too much as a people, both leaders and followers.
What we say should be supported with some credible or verifiable evidence or at least, in good conscience.

megawealth01:


I'm monitoring the situation to know when he about to be done... I won't mention any of buys here again. Na just cruise I go dey catch and probably just drop name of companies

Please drop the company names on time, before Xmas/New Year expenses would disrupt all the plans for NGX purchases

bastardson:


We all said we gonna buy anything below 500.. Now everyone Dey fear 🤣😀.

When should we genuinely buy in?

Result couldn't help, Interim Dividend couldn't help, unless there is a major big news to drive sentiment in favour of the stock, the real fall of Aradel still dey do press up.

GeeKudi:


Result couldn't help, Interim Dividend couldn't help, unless there is a major big news to drive sentiment in favour of the stock, [/b]the real fall[b] of Aradel still dey do press up.

That should provide an opportunity to those committed to loading the dip.

GeeKudi:


Result couldn't help, Interim Dividend couldn't help, unless there is a major big news to drive sentiment in favour of the stock, the real fall of Aradel still dey do press up.

I thank God that the person I wanted to swap my Ajo (Contribution date with, to buy when they entered the market refused to answer me.

I for don buy at the top with the Hype that was on this platform.

At this point, even people that bought Aradel on NASD dey collect

You are a Chosen...

bastardson:


I thank God that the person I wanted to swap my Ajo (Contribution date with, to buy when they entered the market refused to answer me.

I for don buy at the top with the Hype that was on this platform.

260

Xidget:
At this point, even people that bought Aradel on NASD dey collect

UBA moneybags reloaded...

this RI will be loud

bastardson:


I thank God that the person I wanted to swap my Ajo (Contribution date with, to buy when they entered the market refused to answer me.

I for don buy at the top with the Hype that was on this platform.

What does this teach you?

KarlTom:
260

That's for people that key in early. Most people bought around 7 - 8k

KarlTom:
260

That 260 can be the new share price oo

Zagee:

That 260 can be the new share price oo

We are watching closely

KarlTom:
UBA moneybags reloaded...

this RI will be loud

i noticed say he no come for Friday

he be like say dem neva get to the propose price junction

but those wey dey offload at that 30ish junction no get mercy oooo

for more than one week dem just hold the man for blokos no let am pass dey collect money from am

dem go don collect about N5bn from the man since this last 1 week

News are coming for Aradel...

1. Divestment of 1.3billion dollar shell on shore assets by renaissance consortium which comprises Aradel

2. PMS train in Aradel refinery is posed to be commissioned

These are fact you can verify

If you have it hold it for long term. Its a healthy coy. No shaking

OANDO Q2 2024
Attached
Exited loss position already....now in profit..
* Increase in Revenue..
* Increase in PAT...
* Also working on erasing the so called debt they've been shouting about.....
So how's someone saying the company is gone with all these?
All these negative talks is looking more like bad belle to me, and someone somewhere getting pained that this company is improving.

https://doclib.ngxgroup.com/Financial_NewsDocs/42585_OANDO_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_NOVEMBER_2024.pdf

bolton08:
News are coming for Aradel...

1. Divestment of 1.3billion dollar shell on shore assets by renaissance consortium which comprises Aradel

2. PMS train in Aradel refinery is posed to be commissioned

These are fact you can verify

If you have it hold it for long term. Its a healthy coy. No shaking

From experience, people who get investment from public intentionally increase COGS and administrative expenses to game investors. Forget all these founders stuff, all na scam. All these big men no get conscience

Agbalowomeri:


It is just because you guys are not aware about how those cowboys make their money. Tony has changed now because he has had his fill and want to enter billionnaire list. Reason you see he is pro-shareholders.

These guys make way more money through their chuachua. You think Wale no dey chop for the past 10 years wey Oando no give dividend?

yMcy56:
OANDO Q2 2024
Attached
Exited loss position already....now in profit..
Also working on the so called debt they've been shouting about.....
So how's someone saying the company is gone with all these?

No need to accuse anyone of bad belle. Let everyone share his opinions, and you pick which one makes sense to you.

I was just going through the Q2 2024 results and noticed a few things.

If possible, kindly repost to display the 3rd and 4th columns, where the results of the Group at Jun2024 are contained.
It seems the PAT in Jun2024 dropped to N62b from N112b in Jun2023.
But it looks not too bad considering that PAT for whole of FY2023 was N60b.
Let's hope there would not be further adjustments/reclassification that would reduce these numbers