Dexterax:

My oga, please remember that a prophet only sees future things.

In this case for instance, that which was seen by FO as being in its INFANCY has been extrapolated to an ADVANCED stage of development.

Some of these extrapolations dey run belle o!

People on a forum like this can make investment decision based on this and the end of the day, the deal might not go through.

What if that downstream company happens to be Eterna?

myjoy08:

Sir, i don't think there will be any right because Oando and FO are in advanced stage of negotiations concerning the selling of Downstream Sector of Oando to FO. Expect some news so soon concerning the deal and how much FO will pay in cash and equities (In FO) if everything went well. So let's see how things unfold sha...(I might be wrong...)

Myjoy08, FO told the stock exchange clearly that discussions on the proposed acquisition (NOTE, they never mentioned oando) is still in its infancy

Dexterax:

Now you're one of the sharp guys too...

Bros, I never near those guys in Financial Engineering.

Better to watch from the sidelines as things unfold.

Dexterax:

My oga, this is also dynamic. Honestly.

The qualification date of the interim dividend far no be small.

They might throw in the rights issue before that date........

Sharp guys!!

Let me ask another one:

What's the debt to equity ratio of Oando?

omaojo1: Mpeace: I'm begining to understand myjoy08's believe in oando, and I now see some sense in the believe that they may post a very impressive result(whenever they decide to) and even pay dividends. I just did a personal analysis of the whole COP deal, and my conclusion is that the whole sum spent in the purchase would not reflect in the profit and loss analysis. They may only appear in the liabilities column, and almost every company on the exchange do have liabilities(large or small). For instance, the sum borrowed from several financial institutions by FO and Transcorp to finance their power sector acquisitions did not reflect as losses in their results. Although there are outstanding payments to be made on the COP deal, the proceeds of the acquired company's buisness may just be used to defray the outstanding sum while that of the rights issue would go to the settlement of liabilities to financial institutions. I also think that the delays in releasing the result and the whole hide and seek game are justa n attemt at making investors to sell in frustration, while WT and friends mop up and accumulate more shares. Just an opinion(I might be wrong).

omaojo1:

This post only shows how ignorant you are when it comes to understanding the basics of a Balance Sheet and Income Statement. Keep living in fantasy island.

Oma ya e lenu.

Mpeace: I'll just reserve my comment, as only time(and WT) will tell. It will look like magic to many.

Oga, I still stand by my earlier position irrespective of what you are shown in this market. There is always the true position and the position you outsiders are meant to see.

Where have you seen a coy with an EPS of 23kobo paying 30kobo.

Have you seen the qualification date for the 70kobo dividend? Expect the rights to come before that date.

Did you see the current liabilities (borrowing) of 188bn of Dec'13 that reduced to 175bn in June'14. What is the definition of current liabilities again pls?

I will say the same thing if I were in your shoes. But me I know the actual deal and will never be deluded.

This our market is just a joke.

Dexterax: It takes on different numbers depending on how the cowboys feel.

But for some months now, it's been hovering around 8bn+ units.

8B?

With all the PPs?

Hmmmm!!!

Abeg, wetin be the outstanding shares of Oando?

mercylicious: @ feelamong, good for u.
i wanted to buy apr today. it traded at 3.20 till arnd 1pm. i used the money to buy transcorp.
Immediately my trancorp order was filled, see apr crashing like a pac of cards. it went to 3.15, then 3:10 . i have not checked how much it closed wit. over 1mila sale order was placed at 3.3 and.3.4. i guess they had to sell at any price when the bid finished
.
i feel d bull wil start from tues next week.

It closed at 3.10

Dexterax:

I was never asked by anyone my oga. I was congratulated for my patience and long-suffering instead.

passwelle:
Its funny how some folks want only their own views to be heard. No one can come here to instruct anyone else to desist from expressing their opinion, be it positive or negative about any stock on the NSE. Transferring aggression unnecessarily. we go see wetin den go do when WT request for technical suspension

Dexterax:

Mercy's question will resurrect itself.

SWG1:

I dont know why I am Uncomfortable with that post.

Afo1k: Morgan likes complaining about competitors

I noticed on SMN, once you don't agree with them, you're a competitor.

The guy managing their social media is still an apprentice.

I LOVE their innovations and creativity but they need to learn how to talk as a cooperate entity.

Tjohn1:

As you cherry pick, even the prices of the ones you picked, continues to drop.

Stock Market, patience is key.

Bros, buying below the intrinsic value of a blue chip coy after my DD is key.
Even if it drops lower, I won't even bat an eyelash.

If e no shit, e must vomit

Abeg, make this blood continue o!

Cherry picking no go get part 2!!

EMEKA1MILLION: walka

ok.. thanks

EMEKA1MILLION: oboi Na streaming things o

on which site?

Havilah93:

It flows in the blood!. . .

He used to be in City but was sold when the UAE guys came

Havilah93:

Is he related to the real schmeichel?

Yeah, the son

Agbalowomeri:

What was the price of diamond bank shares in 2007?

A lil' above N10. Hmmmmmmm

I want to believe they struck a deal then and bought the way PIC bought into Dangote Cement at a discount.

Charlesnerd:

Pardon my ignorance.

If Actis had a shelf life of six years,its apparent their set target was not met ,taking into consideration the poor performance of the bank during the period.Is it possible Actis benefited from the partnership through other means?.

Assuming there was no side benefits,it seems logical to extend the tenure of your investment at a period when the bank seems to be turning a new corner.

I think they've realised their investment in Diamond bank. Looking at when they invested in the bank, they've made more than 100%. They've moved on to other things.

I don't know if this is the right place to post this but we should all know.

http://www.punchng.com/news/doctor-who-treated-dead-liberian-tests-positive-to-ebola/

chukyjones:

hmmmm.. costs $106. make una wait i dey come...

Hahahahahahahahaha!!!!

Elai147:

But the money will be credited to your account. So the perpetrator cannot benefit from the act. But pray make the person no vex place a buy order of 1 million unit of Ftncocoa, 2 million units of Tantalizer, 5 million units of Daarcomm, etc

IAA and Universal Insurance!!

Hahahahahahahahaha

presiade:
That one is serious o, though I never experienced such, but it's going to be catastrophic if they don't resolve the matter immediately. Imagine you selling someones valued stocks and vice versa... Eh, yawa go gas o.

That used to be normal when you log into cscs online in the evening. But they've corrected it since the launch of their new site.

4dchairman:
The shares are being dumped in tranche by an institution.

How did you come to that conclusion?

*sharpening matchet and watching very closely*

nitrogen:

I thought I was seeing Oando at 10.30 naira, omo na to just close shop, dey go house straight.

27.05 at the moment sha.

LOL!!!

Dragonking: Oando is currently seeing red..There is going to be blood on the market floor today.