Did you listen to his first speech, during the tail end of the listing and bell ringing ceremony? He sounded overbearing; some procedural errors he pointed out were better said in camera, and not open public. I believe he does not have that level of price-influencing power he tried to allude to. Aradel does not need such, their track and financial records are just overwhelming.

Streetinvestor2:
That will not work with such company. Thr financials are readily available for all to see.They will be needing investors money in the future so they have a reputation to build and maintain

I think he went a bit overboard and suggestive in his speech.

Sunrisepebble:
In his words: “If you want us to give you the price you require, come close, give us the necessary information, if you don’t give us, we’ll dig for information, the hearsay in the market, we’ll use it to make your price and whatever you see, you take it”

It's only the man whose ears are close to the floor that can hear the footstep of an ant. The man that is dancing does not see his back to know whether he's dancing well or not. The bitterkola said anyone who thinks he's sweet because of the way he's sounding in other people's mouth, should first have a taste of him. They say a long speech is not fit for evening service etc

tiwantiwa:
who else is enjoying that chairman's barrages of proverbs

Kudos!

KarlTom:
Join the Listing Event here:


https://www.youtube.com/watch?v=wiTkprcAvKI

Thanks.

Sunrisepebble:
Trading opens at 2:15

What's happening? I tried to bid for some units of Aradel , to at least be in queue, but the system keeps rejecting it.

Waiting for Q3 result too. It's not until then that one can make a more reliable projection.

Streetinvestor2:
Any reason for this opinion.
My own is end of month based on q3 results

Okay.

Please, what is happening in Geo-fluids? Thanks.

Any has any info about the final decision on Aradel's listing, please?

emmanuelewumi:



When they over deliver? When they keep to their words? They are usually silent operators and dont like to being in the limelight, they prefer their results to do the publicity and they are very humble with their achievements.

Hmmmm. Many thanks.

These revelations are amazing. But how does one spot companies with such leadership qualities. I am learning fast on this platform. Thank you all.

emmanuelewumi:



The key word is fair and God fearing leaders.


By the way Unipetrol now Oando was far bigger than NDEP now Aradel in 1990.

It started as a small consulting firm of geologists and geophysicists. By the way the founder has a PhD in Geology, in his early 80s and now retired .

The company did not miss dividend payments in the last 20 years

Kaaaiiii!

emmanuelewumi:



Less than N100 with about 150 million shares until 6 years ago when some private equity investors came on board and additional shares allocated to them making it a total of 220 million shares

Haaaaa! A beg, off the mic, is enough.

Sunrisepebble:
Me sef I want to know. Someone has mentioned they know people who bought at #25 to me previously, so might be around that level

Sunrisepebble:
Aradel gang our 1k is very possible before listing on NGX . I have a source who has been in the stock since inception, holds 12mn units post split, every time it gains 10% it’s printing 700 million for him

Kai! Which kin guy be that refuse to drag me with him then?
I wish I had known the stock before this year. When I knew the stock, I checked through their financials and business model. The records were so clear that a lay man like me understood them. I even accessed their last AGM meeting which is freely available online on You Tube. In that AGM. the MD or was it Chairman, gave a coded hint on the future of the company, and the direction of the stock price, while reacting to the concern raised by an investor on the stock split they were going to embark on. But for lack of capital, I for don grow well, well now.

Aradel? Which day/date?

Sunrisepebble:
Old news but just been made official. Our Oil and Gas company has been granted approval for listing. Press release tomorrow

ositadima1:
Iran has declared war on Israel, launching over 100 missiles. I hope we don't see another market depression if the conflict escalates, with other countries taking sides or the possibility of nuclear detonation.

The conflict may not degenerate to that level. Rather, it may impact crude oil price positively, implying some wisdom in taking position in oil and gas companies.

Ahhhh! Big masquerade.

naturalflow:
oandoooooo

Before listing or after?

Sunrisepebble:
Aradel results and interim dividend expected October 31st

Which result?

naturalflow:
This is past 9 and the main the main result is yet to hit the ngx.September 30 is sarcrosant,(abi what is that our PDP language again)

Does that not amount to backtracking?

naturalflow:
The management of flourmills are a bunch of confused people.delist and go na,why are they raising funds from shareholders again?

Aradel stock split effected. Just checked my holdings on Coronation Registrars website.

SonofElElyonRet:


You don't know anything. I'm talking about malice analysis you are talking another thing. If it was honestly given that would've been another thing. "Oando don cast" all over the thread sounds like fair analysis to you? Clear attempt to cause panic selling. Of course the final decision is mine but for you to attempt to exonerate street investor shows you are the same ilk

In my post i said "i blame myself" for falling for his trick

Ha! I come in peace, sir.

With all due respect, I don't agree with you on this. I value each and every expert on this platform who volunteer information, including those you tagged evil. I observe that they always put a caveat when they make their submissions, e.g. do your diligence, you are the MD of your portfolio, not a sell or buy recommendation etc. The onus is on us to sieve the pieces of information, do our own diligence, and make decisions.
This market is an ongoing process; it is not over until it is over. We all need to play safe and smart.

SonofElElyonRet:


Bro maybe you've noticed that I've been quiet a bit. Some evil people particularly that street investor chap here do me strong thing but i blame myself. I just recovered from the psychological trauma. Me wey talk say i no go sell my very plenty oando when the guy was trying to cause panic actually panic sold at N29 and on the same day it started to go back up. Another guy well respected also said here that Oando could crash to N10 simply because he didn't buy when cheap (sour grapeeism). I sold all even when my broker said to keep like half. It really affected me.. i sold all Japaul sef out of depression . But i don recover thank God. i have rebought Japaul even more than i had before. Also tripled my Ellah holdings.. as better people dey here na so yeye people dey..

p.s. enjoying the ellah ride. I rebought at good price.. both ellah and Japaul will be big in the future

nosa2:


Investing is not a team sport. We are all playing against each other

Thank you!

@Sunrisepebble,
Any info on Aradel?

The above no longer necessary. I ve just read earlier explanation. Thanks.

The infos you drop here are simply invaluable. Thanks and thanks.

Sunrisepebble:
A private equity firm that holds about 20% of the shares outstanding. They invested in the company a while ago, I think around #300 levels and are now looking to exit having made significant returns on their investment. Rumor has it that it could even be them pushing for the NGX listing for ease of exit (more traction/liquidity on NGX). But I doubt they can just dump their shares on the market like that, so I don’t think it’s anything to worry about as of yet, they will have to find a strategic buyer for the volume they hold and I have it on good authority that they will do an offer for sale

emmanuelewumi:




Private Equity investors

Ok. Many thanks.

Sunrisepebble:
Further info on this, the exit by the PE will likely be a public offer/ offer for sale. So not necessarily a dump in the market and investors will likely be aware ahead of time. Think back to MTN IPO in 2019, and then offer for sale in 2021 at a discount to market price. Seems to be the case here again. When exactly will it be, not sure, will bring more information here as it comes

Kindly throw more light. What is PE? A'm sorry, I'm new here.

Good evening to this Honourable House.
I recently stumbled on this Nairaland Forum and was able to join about two weeks ago, or thereabout. Since then, the system has not allowed me to do a post until today.
In my immediate estimation, being a member of this forum is one of the best things to happen to anyone.
Kindly allow me to express my deep appreciation to all members who regularly offer financial and technical analysis, advice and suggestions.
God bless you all.
Yours sincerely.
Divineability.