freeman67:


She said everything she had to say in the quoted post. In all the stocks you mentioned bar Transcorp, something happen that changed their fortune chiefly of which is management.

For transcorp, the management didn't change but it took an attempt for a take over before the Chairman had to let minority shareholders benefit. That's someone that's even known to democratize wealth ooo (As he would say) if you compare every other of his company listed.

What is the antecedents of Oandos management?When last did Oando pay dividends? How much dividends has investors that bought it about 70 Naira gotten cumulatively from 2010 till now.

Also, this is not their first time of acquiring assets. Oando acquired ConocoPhilips in 2014 with fanfares. How has that benefitted the shareholders.

There is all also " Future Potentials" and "revenue and profitability" that at the end will disappear all the while it will just disappear as usual. So, let us just gamble in peace and allow sentiments make money for whoever want to ride with the tides but if you really want to look at it based on antecedents, there's nothing in it.

zendi:

Hmmn, a story of Acquisitions, Expansions,
Indebtedness,
Debt Repayment, Loss Reporting,
More Acquisitions,
More Expansions,
More Indebtedness, And now, Delisting.

zendi:

Hmmn, a story of Acquisitions, Expansions,
Indebtedness,
Debt Repayment, Loss Reporting,
More Acquisitions,
More Expansions,
More Indebtedness, And now, Delisting.

BullBearMkt:
...Agba, I beg leave me make I dey see double bottom for weekend o! Double bottom for CWG don make 30% gain in less than a week

mikeapollo:


You get it, perfectly!
Oando shareholders have been through very difficult times. And now that there seems to be some hope, this delisting issue has cropped up. That is why some shareholders have vowed never to allow the delisting succeed. Hope SEC would be equally determined to protect shareholders interests.

yMcy56:

Well done boss.
Your type of double bottom is different from Agba's own.....

Sir pls I sent you mail. Kindly reply when chanced.
God bless.

zendi:

Hmn, SEC ! Did you say SEC ?
A parastatal Dept of Government,
Headed by the Big Guy,
Who is Uncle to the cowboy,
Who is taking the mega company private.

I have absolute faith in SEC to do the right thing on this particular Delisting.

Or is there any other thing you want to hear from my mouth?

mikeapollo:


You get it, perfectly!
Oando shareholders have been through very difficult times. And now that there seems to be some hope, this delisting issue has cropped up. That is why some shareholders have vowed never to allow the delisting succeed. Hope SEC would be equally determined to protect shareholders interests.

MrEja:
Hi keep up the good work, what do you think about buying Dangsugar at this current level? it has lost about of its value from its high, and its formed a double bottom at this level, you think its good to pack it up at this level?

megawealth01:


And you think they can stop that oga at the top if he wants it delisted?

mikeapollo:


Well, it depends, if there are no pressure from outside.
Recently, SEC rejected the buy-out of minority shareholders and delisting by PZ Cussons.
Can they do same for Oando? I don't know for sure.

Even if Oando want to delist, the exit price can never be the crazy N7.07. It has to be much higher than that.
People who bought on the market when the price was N3-N5 would still make some money!

yMcy56:

Well done boss.
Your type of double bottom is different from Agba's own.....

Sir pls I sent you mail. Kindly reply when chanced.
God bless.

yMcy56:

This Sugar issue eehhnn
Honestly, a part of my mail to Oga BBM has to do with NS too...
From the look of things, it's looking like bottoming but my concern is what the 2nd Quarter result will bring....... Although, whatever it is, the share price will likely not be battered that much again.....because it looks factored in already....

I think my TA/FA Ogas should be in better position to advice us much better.

However, if you're for long term you may buy some at CP, then watch it's movement from now till Q2 is released OR till we see it bottom or see ray of light from it's end.

onegentleguy:
Decipher and benefit! (see chart below)
...25--32% return is quite achievable in the near term.
Long term? 61--85% CGY is a near 1 probability.

#justvolfeed

CAVEAT: NOT an investment advice. Due diligence still applies as always.

It is well.

megawealth01:


Minority can't do anything sha because they don't have the FINANCIAL muscle to flex with oga at the top if they do desire to DELIST...

presiade:
Just a quick question house. Can a broker like Morgan Capitals buy TBills for clients? Account officers are messing up from afar, and I need an alternative.

@Mercy?

BullBearMkt:

Yes, I understand what Agba's double bottom meant o. Agba's mind is thoroughly corrupt, just like the character in - Incorruptible Judge.
...responded!

megawealth01:


And you think they can stop that oga at the top if he wants it delisted?

Agbalowomeri:


Yes

BullBearMkt:

From the TA perspective, If DANGSUGAR could find a good support, it can potentially rise to 56. The major question is where will the support level be? As Madam yMcy56 stated, from current price down to below 40, if a double bottom (apology to Agba) is confirmed, then we might say a bottom has been located.

mikeapollo:


Well, it depends, if there are no pressure from outside.
Recently, SEC rejected the buy-out of minority shareholders and delisting by PZ Cussons.
Can they do same for Oando? I don't know for sure.

Even if Oando want to delist, the exit price can never be the crazy N7.07. It has to be much higher than that.
People who bought on the market when the price was N3-N5 would still make some money!

zendi:

They cannot because a river that forgets it's source suffers dry-up.

eziokwunwoko:
Good evening Sir BullBearMkt. Please Sir, I need TA Analysis and chart for Regal Assurance plc and Sovereign Trust Insurance . I want to make buying decisions. Please I am loyal sir, reply me

mikeapollo:


You get it, perfectly!
Oando shareholders have been through very difficult times. And now that there seems to be some hope, this delisting issue has cropped up. That is why some shareholders have vowed never to allow the delisting succeed. Hope SEC would be equally determined to protect shareholders interests.

BullBearMkt:

Regal Assurance
-Stock price now in sellers' region, may or may not continue to rise
-Momemtum building up & price may rise to 0.55

Sovereign Trust Insurance
-Same outlook as Regal
-Price just left where I think it's a bargain price 0.39 -0.40
-Potentially, price may rise to 0.60

talk2me2:
SEC does not stop a coy from delisting the only thing they can do is to ask for a fair consideration for the shareholders.

mikeapollo:


SEC just recently declined the request of PZ Cussons to buy-out minority shareholders and delist. Do your findings. Just google it. And that put a stop to their intention to delist.
As long as SEC rejects the application to delist, the company cannot delist.

KarlTom:
Ding!