mikeapollo:


The Niger Delta issue is systemic risk. It all affects everyone in the industry.
Seplat, Aiteo, Aradel, etc are all operating in the Niger Delta and making good profits. Oando will not be an exception. All it requires is sound management and cost efficiency

mikeapollo:


No, not what I mean.
I was reacting to the OP (bovali) who stated that the acquisition of ENI/NOAC by Oando has already been priced in (reflected) on NSE as at today.
I was telling her to wait and let's see when the profits from the acquisition starts reflecting in the financial results of Oando when the accounts for Q3 2023 andFY2024 are released. By that time, Oando's price would have increased significantly and it may be too late to buy at a bargain price and make a good margin.

bovali:

Q1 is coming out in September, when will Q3 and full 24 come out? That’s my point, if I know they will release loss in the coming Q1, I might as well wait and trade the support and resistance zones again. It has nothing to do with future prospects, it’s money I’m trying to make.

bovali:


I understand where you’re coming from completely. And I agree with you. But till that time, the q1 and q2 will at least give confirmation. But for this quarter, unless it enters my target zone then nothing. If oando breaks 16 Naira, and closes above it, the. 20 Naira is very possible in the short term like street investor said

Raider76:
Myc please how do you see TRANSPOWER in the short to medium term? Shareholding structure not similar to GEREGU. There is the upcoming sale of IPPIS powerplants, and possible settlement of debt to gencos by FGN.

yMcy56:

This got me lmao
Who are the we? Lol

OANDO full bid @15.50......let the "we" convene another meeting, maybe to crash it....lol

Peter don cut corner 😀

PETERiCHY:


Also REMEMBER to UPDATE us when OANDO goes on FULL OFFER.

PETERiCHY:
Also REMEMBER to UPDATE us when OANDO goes on FULL OFFER.

PETERiCHY:


Also REMEMBER to UPDATE us when OANDO goes on FULL OFFER.

Raider76:


Now I see why they got the court case adjourned to October.

yMcy56:

I'll check the shareholding structure and result again....
BUT I don't think you should plan your trades on it for short term, I no see anything for short term but for long term, it should deliver well....
TRANSPOWER is good for long term.....
Medium, any good thing may/can happen

* Na my personal and amateur opinion oo**

MrDiligence:
Can you suggest BE price? DD as always. Thanks

yMcy56:

This one is beyond me o.
Maybe Oga CP fit help here or any of the gurus.

Besides, I never check the results, let Q2 come out first

bovali:

The models that I use have been accurate so far. When oando came up on the model, I did my DD. Debt aside, the only issue wrong with oando like I said previously is mismanagement. They gave FG loan, acquired AGIP for peanuts but nothing changed in their books aside FX gain. The market moves in both directions on momentum, I was just advising the short term traders that want to play the volatile swing we’ve seen in the last one year.
Dd advised

sophy17:



No pls.
Courts do observe annual vacation.
This year's Federal High Courts vacation is between 23th July to 13th September. 2024
The long adjournment date was to allow Court resume. Other matters before the Court will also be factored in while fixing the next date.

Meanwhile. It is not today Oando have been sealing solid deals using cheap public funds and loans. But non of them have benefitted the ordinary shareholders except the ....

Why some people think this will be an exception is beyond me especially now that they have the political power! No doubt money can be made by traders but no value investors.

mikeapollo:


Smart babe!
This is how the beautiful, intelligent, brainy women make money, and some of us lazy guys would be envying them.
Please remember me whenever you discover another goldmine on the NGX.
Man shall not ''blow'' or ''hammer'' by Oando alone.

yMcy56:

I'll check the shareholding structure and result again....
BUT I don't think you should plan your trades on it for short term, I no see anything for short term but for long term, it should deliver well....
TRANSPOWER is good for long term.....
Medium, any good thing may/can happen

* Na my personal and amateur opinion oo**

PETERiCHY:


Also REMEMBER to UPDATE us when OANDO goes on FULL OFFER.

Mankind2024:
Oando is red in Johannesburg R0.09
Green here in Nigeria N15.50

MrDiligence:

Can you suggest BE price? DD as always. Thanks

bovali:
Remember this (25 days never pass?):
https://businessday.ng/news/article/fg-to-settle-n1-7trn-gencos-debt-in-25-days/

bovali:

I didn't hear anyone say anything when CWG went on full offer

bovali:

Simple answer: yes. And don’t worry, you’re not bothering me. All of us are constantly learning.

Imagine you have money to buy 10 chocolates. Your friend offers to lend you enough money to buy up to 100 chocolates. This means you have high leverage.

High Leverage:

• You can borrow a lot of money to trade more chocolates.

Smaller Lots:

• Even though you have the option to buy up to 100 chocolates (because of high leverage), you can choose to trade smaller lots, like 10 or 20 chocolates.

So, you have a choice:

• You can use the high leverage to buy a large number of chocolates, like 100.
• Or, you can decide to buy smaller amounts, like 10 or 20 chocolates, even though you have the ability to buy more.

This means you are using the high leverage to have the option to trade big, but you are choosing to trade smaller amounts.

In summary:

• High leverage gives you the power to trade large amounts.
• You can still decide to trade smaller lots, even with high leverage.


Side note: if you’re referring to forex trading, that why they give you the option to set your leverage ratio. Default is usually 500:1. If you’re referring to structured leverage (investment banking), you can apply for let’s say 20m leverage and get it approved but you only get charged for what you drawdown(actually use).

yMcy56:
NASCON
Seems some insiders have seen the Q2 result...
Quite some cross deals @34, then bids increasing....
Na this DS and NS I just dey expect positive things from.....

Mankind2024:
Oando is red in Johannesburg R0.09
Green here in Nigeria N15.50

Princkez:
UBA now #24

Mankind2024:
Oando is red in Johannesburg R0.09
Green here in Nigeria N15.50

Princkez:
UBA now #24