emmanuelewumi:
I recommend this book. It will expand your investment knowledge and wisdom

emmanuelewumi:
Na for this Naija a bank becane bankrupt and was liquidated by CBN. Depositors lost their funds and investors lost their investments but the promoters of the failed bank later floated another bank.


Be very careful when swimming with the especially or investing in highly indebted companies whose promoters are well connected.

Insiders and retail investors are playing different games even though you are on the same pitch with them

emmanuelewumi:
To succeed in the Nigerian stock market you should be observant like a detective, think like a lawyer and behave like an accountant

Streetinvestor2:
I would have said think like a politician/criminal..lol

OANDO na cast.I know it never hard any fundamental. We are only following the money and hope to get out before they out smart us

megawealth01:


You don't know JEGEDE... Who are the new investors? What are their names?

Anyone buying JAPAUL and Firstbank for long term at current prices eh under JEGEDE and OTEDOLA is trying sha

emmanuelewumi:
No be for this market AIT got billions of nsira from Jonathan's administration/PDP for political adverts , campaigns

People rushed Daar Communication shares because of this, when the financial result came out the fund was not recorded.

The late founder of the company said the contract was between him and Jonathan's government/PDP and not between Daar Communication and Jonathan's government/PDP

MARKETJJC:


It was not AIT that got the money but Dokposi because of his position in PDP then and the money was even a backyard money paid to him from illegal source. A lot of politicians received the same for campaign and adverts in their various states

emmanuelewumi:



Equally we have a difference between (Oando) shareholders, then Ocean and Oil shareholders even though Ocean and Oil is also a shareholder in Oando

emmanuelewumi:
No be for this market AIT got billions of nsira from Jonathan's administration/PDP for political adverts , campaigns

People rushed Daar Communication shares because of this, when the financial result came out the fund was not recorded.

The late founder of the company said the contract was between him and Jonathan's government/PDP and not between Daar Communication and Jonathan's government/PDP

Mfunkynation:

This is one of my school fees 😁😂

Mfunkynation:

This is one of my school fees 😁😂

megawealth01:


E go soon clear

But
Maybe Wale is changed now

mikeapollo:


Wale must cry if he gets on to this forum!
See how ''credibility'' in the eyes of critical human beings matters in this world!

Streetinvestor2:
Oga Emma you want to be the enemy of this thread as you are de marketing oando

Pls what do you think of ucap going forward as per when the bonus is allotted. I am concerned about them generating enough profit to cover the dilution. I have enjoyed the consistant dividend increase. And now worried if it can continue .I would have preferred 1 for 1 bonus but don't know why Tony decided that high bonus .Do you have any information for new fronts to increase revenue seriously beside what they have been doing

mikeapollo:


I concur 100%.
In fact, Oando's power plant is 930MW, more than double that of Geregu (435MW). Yet, Geregu is selling at N1,000 on NGX (I understand the issue of outstanding shares, earnings and dividend per share etc. may be different)
Add that to its higher oil reserves compared to Seplat, plus its leading role in Renewables etc.

megawealth01:
Today is CUTIX date for bonus qualification...

If anyone buys today, will they qualify?

MARKETJJC:


Yes ! Anambra man

megawealth01:
Today is CUTIX date for bonus qualification...

If anyone buys today, will they qualify?

Streetinvestor2:
Oga Emma you want to be the enemy of this thread as you are de marketing oando

Pls what do you think of ucap going forward as per when the bonus is allotted. I am concerned about them generating enough profit to cover the dilution. I have enjoyed the consistant dividend increase. And now worried if it can continue .I would have preferred 1 for 1 bonus but don't know why Tony decided that high bonus .Do you have any information for new fronts to increase revenue seriously beside what they have been doing

megawealth01:


I have a friend that's currently laughing those rushing Oando now... He is currently based in Switzerland...

Few years ago during the COCOPHILIPS era I was using Oando as gamble which is usually my style... Back then in NAIJA we reside in the same area... I bought Oando averagely at 11+ and was selling between 30-33... I sold the last batch at 33 or so... I left little anyways which is my usual style in any stock I don't really want to invest in but... This my friend carried Oando matter for head that year sha... He said I know nothing about investment bla bla... He said very soon the $1.5b investment in COCOPHILIPS will start yielding results... I told him the little I have should continue oooooo

He left his with the hope of whatever price he has in mind... When Oando got to 36+ or so wahala come start oooooo until it went so low that people were even picking it #4 oooooo...

What a surprise right?

As una dey buy hope dey use sense dey trade with Wale and his likes...

Cash is KING

megawealth01:


That's the response from meristem...

I asked this so others can learn anyways... It's not just about CUTIX but on all stocks... Let's learn something new

Raider76:


They are even going international

https://nairametrics.com/2024/08/14/united-capital-group-transcends-borders-with-landmark-corporate-bond-in-sierra-leone/

Picky1:


Qualification is doubtful if bought today, considering T+2 or is it T+3.....besides closure of register is on the 19th August.
Stockbrokers/Registrar guys in the house should tell us.

Streetinvestor2:
Another question just crossed my mind on this oando matter .why is agip leaving if those oil wells are full of real wonderful dollar value. I hope they have not bought another expensive shell like in the first deal oh.I hope the management shine eyes well in this second oil company buy.As per power company attached that wan na super story.

Any expert in that field what do you think on agip oil wells performance .Make e no be say dey don go buy beautiful nonsense again...lol

MARKETJJC:



Closure of register is on 19th and on that date the list of all the people on register will be copied at the close of business. Any person that bought today, his name will appear on that register on 19th(T+3) and it will be copied before business close that day. So any person that bought today is qualified