BullBearMkt:

...it has to fight the bears at 12 & 16 first, then we'll know what's up!

Streetinvestor2:
I like this question and equally interested in the answer. It get why

robobo:


Na we wey don dey locked up for about a decade now dey ask that kind question

Oando go show people shege for this Second Era (First Era na Conocophillips) of NAOC



SECOND ERA

Act 1 Scene 2 just started yesterday

Oando na season film una no go wait watch am finish

PETERiCHY:


It's people like you that will end up chasing UBA @#60.
023
BARGAIN HUNTERS TAKE NOTE!

BullBearMkt:

...it has to fight the bears at 12 & 16 first, then we'll know what's up!

PETERiCHY:


UBA LOADING LAST PASSENGERS @#16.70k afterwards #20 here we come.

By next week NUMEROUS SHAREHOLDERS will REINVEST their INTERIM DIVIDEND that will PAID this FRIDAY 6th OCTOBER 2023 which inturn will help BOOST our FUEL TANK ⛽

By MONTH END when their SUPERLATIVE FX REVALUATION Q3 INDUCED results will be released then we will be HEADING to circa #30.

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:


It's people like you that will end up chasing UBA @#60.

BARGAIN HUNTERS TAKE NOTE!

OakPearl:


Oando has to pass for the NGX’s meme stock of the year!

Zagee:

The Greasley bear is the 16.50. You break that wall its all the way to 65 going by TA. But if indeed the leopard still refuse to change spot, 7.07 is the surest reality

megawealth01:

unite4real:


One advantage of the sukuk bond is that of guaranteed income. It saves you the emotions of market fluctuations.
If you do a good due diligence of other opportunities and you are able to compound your coupon payments, you should recover your principal in 5 years or less.
Since it's rental, you can see it as a case of using for example,10M naira to buy a house and getting a yearly rent of approximately 1.6M naira. The house does not increase from original price value and does not also decrease. Your 10M is back at the end of tenor.

Using your coupons to invest in other opportunities is the key here.

Although this cannot beat current inflation and that's why a good growth stock comes to mind as against this sukuk bond.
On the flip side, you have to keep in mind that stocks are volatile and anything can happen at any time and pushes it northwards or southwards.

At the end of the day, the decision is yours. Either u do bond and sleep without worry or buy stocks and keep abreast of information and always on alert in case of any news. Good or bad.

Capitas7:
Buying Lafarge WAPCO at N29 when $1=N1000 is technically cheaper than buying same at N24 when $1=N700.
Being too strict with BE price sometimes makes one miss opportunities.

The Company mentioned is just for reference, not for recommendation or warning sake.

Payunsin:
The 14 minority shareholders that went to court has already sold their shares during the last rally. No case to answer again.
Shareholders left are like me who is gambling on the long term prospects of Oando.
I see N25 in near term

Payunsin:
The 14 minority shareholders that went to court has already sold their shares during the last rally. No case to answer again.
Shareholders left are like me who is gambling on the long term prospects of Oando.
I see N25 in near term

mikeapollo:


If that is the case, then the 14 minority shareholders should officially withdraw the suit from court and kill the buyout offer, otherwise the court would still go ahead and grant Oando the liberty to delist the shares, and that would mean N7.07 per share for everybody.
The long term prospects of Oando shares on NGX still depends on the outcome of the court case.

chinonsobest:



We are the new minority shareholders and the court cannot grant delisting at N7.07 without out vote at the AGM. We die here!

Agbalowomeri:


Lol same way the dividend will be devalued so not cheaper

robobo:


Na we wey don dey locked up for about a decade now dey ask that kind question

Oando go show people shege for this Second Era (First Era na Conocophillips) of NAOC



SECOND ERA

Act 1 Scene 2 just started yesterday
Oando na season film una no go wait watch am finish

;

mikeapollo:


The case in court was initiated by some people who have specific names and addresses; that case must be withdrawn by the same people. It does not matter if there are other minority shareholders like you and I.

essentialone:
What is the origin and meaning of the phrase, "Afolabi units"?

chinonsobest:



We are the new minority shareholders and the court cannot grant delisting at N7.07 without out vote at the AGM. We die here!

jideflash:
People will sleep on UCAP. Bonus suspected

mikeapollo:


The big uncertainty about Oando is the outcome of the court case on Oct10. If the buyout case is withdrawn, or the company decides not to delist, the price would cross the N20 mark.
It is strange though that the price is rallying up once again a few days to the court case. Could that mean some insiders know about new developments or something is about to change?

Payunsin:
The 14 minority shareholders that went to court has already sold their shares during the last rally. No case to answer again.
Shareholders left are like me who is gambling on the long term prospects of Oando.
I see N25 in near term