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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11313921 Views)
Nigerian Stocks To Buy - 2024 Best Performing Stocks / Free Stock Market Pick Alert For All Investors Globally!!! / Dangote Resumes As President Of Nigerian Stock Exchange (2) (3) (4)
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Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:00am On Apr 23 |
Ding! 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Laso09: 10:03am On Apr 23 |
Locotrader: You are no more dragging oga position with cp again 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Locotrader(m): 10:13am On Apr 23 |
Laso09: Drag what nah. Oga is oga. Boy fit see road pass oga. Cp na my Boss ooo |
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 10:15am On Apr 23 |
Locotrader: I no dey sell... we must see the end of this matter 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 10:21am On Apr 23 |
Zagee: Page 91 & 92 of the just released 2022FY Going Concern statement. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 10:27am On Apr 23 |
SonofElElyonRet: It's on full offer at the moment with maximum price drop. No buyers. The end of the matter should be clearer before the end of this year. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:29am On Apr 23 |
Today's Top Volume Trades
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Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:41am On Apr 23 |
1 Like
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Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 10:42am On Apr 23 |
Dangcem Dangsugar Nascon Seplat If you are in anyof the above, and you need money urgently... Just be patient as its not comming soon. Just know that we are together We are all stuck. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ProphetUtuocha: 10:42am On Apr 23 |
I remain confident that Oando will deliver 400% this year. Abeg, those who want to jump out should hasten up to enable us cherrypick. I dey kampe! |
Re: Nigerian Stock Exchange Market Pick Alerts by ProphetUtuocha: 10:46am On Apr 23 |
Revisit our 2024 prophesies. Everything said then have been on track. Even the current development with the Dangote companies was predicted. Why then are folks gnashing their teeth as if they were not warned. In due time, Oando will deliver ensuring 100% fulfillment of the prophesies! No shaking! 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Payunsin: 10:52am On Apr 23 |
Prophet don kill me.😂 ProphetUtuocha: |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 10:56am On Apr 23 |
ProphetUtuocha: I will report this Prophet to Odumeje. Seems his boy missed too many classes. On a more serious note, I need to know who dey do juju for WAT... 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:02am On Apr 23 |
BabsO2: First off, lovely literature. Secondly, its not different from the travails of the Nigerian economy as pertaining to the O&G sector of which bulaba seems to be solving with the use of TanTita and what not. I'm sure they can ride on the back of the president to scale the envisaged bond. Talk of shares issuance not yet concrete, some positives. Revenues are peaking, wars are ongoing, summer is coming and oh beautiful winter is again on the horizon. All these are giving me a pointer to an increase in oilprice ($100 but not likley) benchmark, which the US might prefer instead of upticking the interest rate?(US folks should tell us) I'd like to see 23FY as to what degree the oil prices have helped them. Cc KarlTom |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 11:06am On Apr 23 |
Heishere: in d making.... it not useful for anyone now until the price collapse finish. no rushing, we are making money the year/next patient is the key 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:12am On Apr 23 |
Zagee: It will be good to see what forex gains or losses are declared in 2023 where material exchange rates jumped. We are already in Q2 and should be looking out to see their bond issue. Only wahala is NGN interest rates currently at peak thereby making bond funding very expensive. They may be forced to proceed with equity funding through private placement. |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:13am On Apr 23 |
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Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:23am On Apr 23 |
BabsO2: Yap. Q2 already here. If they intend to raise, then they should have seen possible financiers. |
Re: Nigerian Stock Exchange Market Pick Alerts by Bukkydudu: 11:27am On Apr 23 |
Good morning everyone Please can someone help me with what gtco declared as dividend please Saw it on Naira metrics N.60k Thanks |
Re: Nigerian Stock Exchange Market Pick Alerts by 2zona(m): 11:29am On Apr 23 |
Mpeace: True, but it's still strange why the market maker has refused to purchase 100k units at least to take the stock to an equilibrium where their will be offer and bid available, or they don't want the price to go lower from the current?? |
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 11:30am On Apr 23 |
yMcy56: Your observations are legit.! I also noticed the jump in Oando total revenue in FY2022, even though those revenues were mostly denominated in naira. One can therefore imagine the potential impact of future revenues that are mostly denominated in USD (as Wale said during the AGM) which would help to hedge against FX losses on foreign currency denominated loans and payables. I just hope they use the USD800m facility from the Africa EXIM Bank to pay off all loans from the commercial banks. Our permutations ultimately hinge on Wale's intentions as well as the integrity of the Court and SEC |
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:30am On Apr 23 |
Bukkydudu:2.80 I think. 0.60 is Fidelity |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:31am On Apr 23 |
Bukkydudu: N2.70 declared to be paid 9th of May 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Jaakay: 11:35am On Apr 23 |
Have you considered that due to the debt incurred, they may have sold or tied down the crude in contracts at prices less than the current oil price I.e. 50 - 55 dollars? My opinion, be optimistic, but plan for the worst. Note, I am also invested in the stock. Zagee: 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Bukkydudu: 11:35am On Apr 23 |
BabsO2: Thanks |
Re: Nigerian Stock Exchange Market Pick Alerts by BabsO2(m): 11:37am On Apr 23 |
mikeapollo: That will be great if the funding is not limited to acquisition of participating interest of the NAOC assets and may help change the going concern narrative in 2023 FY |
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 11:40am On Apr 23 |
BabsO2: My mind is prepared for any outcome |
Re: Nigerian Stock Exchange Market Pick Alerts by Zagee: 11:46am On Apr 23 |
Jaakay:Personally, a worst case scenario for me is, if they go private. They are not ready to liquidate as stated in their report. |
Re: Nigerian Stock Exchange Market Pick Alerts by leparj(m): 11:49am On Apr 23 |
Ucap dividend just entered. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Heishere: 11:49am On Apr 23 |
currentprice: We trust your government... 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:52am On Apr 23 |
I'm not a fan of lenghty reports but I will try and summarize. Let me refer you to page 12 of the Annual Report, you'll find this paragraph: "OML 56, OML 13 and OML 60-63 are currently the crude oil and gas producing assets while Oando PLC engages in supply and trading of crude, refined and unrefined petroleum products. These entities account for 100% of Group revenue recognized being N1,994 billion for the year ended 31 December 2022 (2021: N804.8 billion)." That's a revenue increase of 148% Recall that in September, 2023, OandO Energy Resources (OER) bought 100% of ENI's interest in Nigeria Agip Oil Company. This transaction does several things: 1. It DOUBLES OER stake in OML 60-63 (formerly 20%, now 40%). OML 60-63 are the few OER assets that are currently in PRODUCTION stage. 2. Oando’s total reserves (based on 2021 reserves estimates) stand at 503.3MMboe and the transaction will deliver a 98% increase. 3. It grows Oando’s exploration asset portfolio through the acquisition of a 90% interest in OPL 282 and 48% interest in OPL 135. I strongly believe that 2023 FY will be better... Zagee: 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 11:54am On Apr 23 |
One Great Grand story I am going to release here shortly will clear all doubts that indeed the market is not for everyone... 2 Likes |
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