jckgroup1:
Christmas/End of the year party on my mind...
So, what was Wale celebrating with top artists.

Wale Syndrome

Renewed Hope

Youngzedd:


Geregu way

You gerrit

Wale is a typical Nigeria politician. He is running Oando the way Nigeria is been run. A lot of big talks but poor results.

Oando is still very unstable for a long term hold. The company is most likely not going to pay a dividend in 2025 and share prices might not even appreciate substantially given that it is still struggling with debts and running capital.

Aside the share bonus thing, there are no attraction for holding an Oando share right now.

My 2cent though.

Nice one

We both share 8 of the 13.

I also like you hold UPDC REIT

Youngzedd:


Attached is my portfolio.


I bought using DCA between September - November 2024

I put an equal amount in all of them.

Note: I took a high risk on Ellalakes with what I could afford to lose.


Whisper: At 100% profit, I take out the capital and put in Money Market Funds (Mutual Funds). This way, I will run a risk free trade and leave it for long term. My papa no be CEO

chimex38:

Both parties are fighting for the soul of FBN by the way.


Na cruise I dey.
Don't take it to heart.

No now not Obaseki but Otudeko

Majority shareholders increase their stake to 84% from 65%, something is telling me they will later delist the company.

Sunrisepebble:
What about this “Corporate”, this seems to be dragging down the performance of the company

Yes. And that is another big thing dragging the performance of the company

Can people look at this 65bn very well. Looks like there is an error in the computation. Income tax expences (17bn) was erroneously added to profit before income tax (47bn) to arrive at the 65bn. I think the correct figure should have been 31bn if you deduct income tax from pbt.
Or, maybe I didn't check very well?

yMcy56:
OANDO
Q4 2024.....
https://doclib.ngxgroup.com/Financial_NewsDocs/43051_OANDO_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_JANUARY_2025.pdf

Naysayers, make una go thru the pages patiently o.
Make use of your glasses if needs be..
Profit After Tax of N65bn
OANDO fast getting on right track.....😁

GeeKudi:
Can people look at this 65bn very well. Looks like there is an error in the computation. Income tax expences (17bn) was erroneously added to profit before income tax (47bn) to arrive at the 65bn. I think the correct figure should have been 31bn if you deduct income tax from pbt.
Or, maybe I didn't check very well?

You're right. PAT should be ~30.1B