onegentleguy:


What you've just highlighted is only but a small bit of the many positives to why that coy is a giveaway @ current price level.

But then again, we have since stopped talking about INTBREW.
Let's allow Mr Time to do his thing. After all, he's the only one that is always right!

It is well

onegentleguy:


I already said it before now that most shareholders will renounce their rights, and it's not like it would be much of a big deal. We don't necessary need to take up our rights.
The entire RI exercise was even crafted to create weak apathy or sentiment towards the coy, so no surprises for us.

Post RI, I expect a reduction in the proportional % holding of minority interest and an increase in... your guess is already as good as mine.
This will further make the coy illiquid and... again, you can take a wild guess if you want.

But why not sell off your stake and have peace.
I suspect that INTBREW may not be offering the calm you truly desire, so I'll advise you exit now.

It might give me and many others that peace, but maybe the coy is not for you.
One should not be in all stock you know.
...Pls just exit!

"In the stock market world, a cheap/undervalued asset isn't just one whose price is low in terms of VALUE or high in REWARD... but also one whose price is lower in terms of RISK and even higher in peace of mind.
...a wining investor must know how and when to relate in between!"
~Sinclair

Key term: Peace of mind. ...very important!
We all need it. Especially for our mental health.

Do take care

Streetinvestor2:
Yes I want to exist. Can you help out with someone to buy at #5.20 so I can have peace of mind,lol since I can't sell at loss.
Don't take it personal

bovali:


Yeah, just speaking high level. But I guess the management is achieving their goal. Kill vibe, accumulate then delist.

bovali:
Oando JSE +122% today

Streetinvestor2:
Oando delisting plan was it for both exchange. If yes what was the offer to shareholders in the other exchange. .

Streetinvestor2:
Oando delisting plan was it for both exchange. If yes what was the offer to shareholders in the other exchange. .

Zagee:


7.07 naira equivalent

ositadima1:
Total div don land.

Streetinvestor2:
Any link to this.If is true. Then wale must have strong juju man to try to pull this in two different country

ositadima1:
Total div don land.

Agbalowomeri:


Una dey enjoy goodies o

Zagee:


https://businessday.ng/markets/article/oando-to-delist-as-core-investor-plans-buyout-of-minority-shareholders/

ositadima1:


U dey collect ur own from dollar appreciation nah, shebi naira don dey fall to pass 1500, no be ur gain. As you dey wait make NSE fall too, how u dey put am? Ehe, make them FuGAZ them they touch 5 5 naira.

My happiness na ur pain, my pain na ur happiness nah.

Coolcash1:


No negative news….The big boys want to shake out weak hands. So, if you’ve the funds buy more especially when you see the price below N50…

Coolcash1:


No negative news….The big boys want to shake out weak hands. So, if you’ve the funds buy more especially when you see the price below N50…

Coolcash1:


Nice call….

Ginalex:
Please o. Any new gist on the merger?

SonofElElyonRet:


Delisting looking more and more unlikely

Agbalowomeri:


Dangote Foods life matters 😂

SonofElElyonRet:


Delisting looking more and more unlikely

Coolcash1:


Nice call….

Hedgefunds:


Oando currently Trades At 20.00 rands which is equivalent to N1,600

But you think shareholders will accept 0.083 rands equivalent of N7.07

20 South African Rand equals N1,629.69
0.083 South African Rand equals N7.07

NOTE" 1 RANDS IS EQUAL 82 NAIRA....but oando is trading @ 20 rands.

Hedgefunds:


Oando currently Trades At 20.00 rands which is equivalent to N1,600

But you think shareholders will accept 0.083 rands equivalent of N7.07

20 South African Rand equals N1,629.69
0.083 South African Rand equals N7.07

NOTE" 1 RANDS IS EQUAL 82 NAIRA....but oando is trading @ 20 rands.

onegentleguy:


No you're clearly mistaken.

What you saw there is ZAC not ZAR.
...there's a difference between the 2.

ZAC implies cent while ZAR is the rand equivalent of the South African currency.
1 ZAC = 1 cent, and 1 ZAR = 1 Rand or 100 cent.
By rationalization, 1 ZAR = 100 ZAC... and 1 ZAC = 1/100 or 0.001 ZAR or Rand.

OANDO JSE is trading @ 20 ZAC, which is the equivalent of 20/100 or 0.2 ZAR or Rand.
The reason you saw 20 ZAC is because the stock was pegged in cent.

Using the current Naira to Rand Fx rate of N81.48 to 1 Rand, 0.2 Rand = 81.48 x 0.2 = approx N16.3
So OANDO JSE trades @ N1.1 or 7.2% premium above it's NGX CMP of N15.2. [(16.3--15.2)/15.2]
...that's still a good thing.

That said, am also bullish on the coy like you. I did highlight the potential in the coy @ N4+ and subsequently @ N7+. Those who subscribed to my outline recommendations and investment guide--Series 1 knew what they had to do

I laugh really hard when people infer a possible delisting. ...something that was already dead on arrival. It's as if they couldn't read the hand writing on the wall.

There's a reason the coy jumped by over 122% on JSE bourse in one day.
OANDO will go places. Some things are better left unsaid.
...it's a midterm play!

CAVEAT: NOT to be inferred as any sought of investment advice. The need for due diligence should still take higher precedence ahead of this post.
Regards

bovali:


I get where he's coming from regarding intbrew. When you compare with Guinness exit.

Streetinvestor2:
This seriously begs for explanation. I don't think the listing over thr is then the same with that of nigeria at 16000 plus value now