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

If you follow this path then FIDSON will be a bad investment or bad company cuz they bought or contracted from GSK. Why did GSK LEAVE ? I think is leaving for same reason as GSK or Mobil or etc

emmanuelewumi:




New suckers are born everyday, experience is always the best teacher

You really have time today o, oga ema.
I think osita has said the whole truth about this oando.
To me, it is just a waste of time discussing fundamentals with people who have mainly been in the market during bull era.
They will tell you, fundamentals might not matter as long as the share price is rising. And they are right to certain extent.
I will advise you leave this oando issue and discuss some other companies.

megawealth01:


To be on the safe side just buy 4 days to qualification date sha...

NAIJA matter is funny... Many things copied from the West but not many are carried out

I bought UCAP at #31.50 on the qualification date and I received my full dividend on that payment date

If Wale is out of Oando's picture eh and replaced with someone credible believe me I won't even bother about certain stuffs about this Oando...

Truth be told Oando suppose get great future and fortunes for shareholders but will Wale and his boys agree... Will they allow us chop from the fortunes? Because they seems to always have a way of pushing people away

For me the only issue with Oando here na the personality of the big boy on it

Laso09:


You really have time today o, oga ema.
I think osita has said the whole truth about this oando.
To me, it is just a waste of time discussing fundamentals with people who have mainly been in the market during bull era.
They will tell you, fundamentals might not matter as long as the share price is rising. And they are right to certain extent.
I will advise you leave this oando issue and discuss some other companies.

But Oando talk is not basically on fundamental but on Wale and co. Did you not see the last results released?

MARKETJJC:



I bought UCAP at #31.50 on the qualification date and I received my full dividend on that payment date

WOW... I haven't tried it 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

Thank you Oga Emma for your discussions lately.
Hope it opens the eyes of many.

I recently offloaded my Daar Comm at
47k after waiting for many years.
I can't remember a single communication from them to me not to talk of dividends.

Interesting your take on Oando.
Sold of all my Oando at N4 plus when I got tired with them despite not buying any of my Oando shares less than N30.
The price has appreciated much since then. But nothing much has changed. It is still a gamble.

A gambler can hang around waiting for them but it will be a long wait.

Recently also offloaded most of my Dang Sugar, after their recent results,and used the funds to buy more Zenith Bank at N34.
Maybe I shd ve waited a little for the Sugar but I bought all my shares when the price was below N20.
So that money will get me more Zenith Bank interim dividend and Full year dividend.

Traders can make money from the likes of Oando n co but not true minority investors.

Many in will still cash out at a point. Not easy tying down one's funds for years without returns.

Dividends are important to me and I expect to get them from my investments.

Just got Afriland dividend and also expecting Afriprudential today.

So this is how I roll now as the CEO of my
Holdings.

I only buy and hold dividend paying shares now and once the results is bad. Sharply I reassess my interest in the company.

Everyone shd do their DD and do what's best for them.

Hello everyone

Pls does anyone know how to generate/obtain cscs statement of account on/from Bamboo?

I sent them an email but no response yet.

emmanuelewumi:



The business environment might not be conducive again. A number of multinational companies in that sector are not making long term investments again and are selling their assets and businesses

I hope it is not beyond that.Then why hasn't oando broken even after all this yr from the first buy.And how do we know that this second buy was at a real discount since they fall mugu in the first deal for 1.5 billion dollar

megawealth01:
If Wale is out of Oando's picture eh and replaced with someone credible believe me I won't even bother about certain stuffs about this Oando...

Truth be told Oando suppose get great future and fortunes for shareholders but will Wale and his boys agree... Will they allow us chop from the fortunes? Because they seems to always have a way of pushing people away

For me the only issue with Oando here na the personality of the big boy on it

How 10% shareholding increased to 60% get as e be

When they even bought FGN shares in the defunct Oando they used bank loans for the acquisition

Another smart move when they came on board was to sell their shares in the property that was there head office beside Eko Hotel and then became a tenant in the property where they used to be the landlord

MARKETJJC:


What will say of DANGOTE flour that went to #1 and still later sold for #24? Please what made seplat sell for #300 and today #3000? What about FBN that moved to #3 from #70?
What about FO that touched #300 then back to #15? If that is the case, then all the CEOs and all companies are indicted. because all the companies had one time or the other moved from dangerously high price to very low price. Please whom do you arrest? I saw where almost everyone including oga Agba was shouting Wale and cowboys for UACN at #4 except OGG that stood his ground and today UACN is #16 with all the benefits that accrued through it in the past. Please is Wale and cowboys no longer alive to kill UACN?

You hit the right note there on OGG. OneGentleGuy na one of the real ones on this platform and should be held closely and loved as well.

Moving towards the other part ofnyour message, please note that all these talk about Wale being linked UACN PLC doesn't hit the right notes, joor. Fola Aiyesimoju may have worked for Wale under Ocean and Oil Investments, but he subsequently ported to Standard Bank Group via Stanbic IBTC, created his own private equity firm after his stint and experience there before using it to acquire majority shareholdings in UACN PLC. Fola and his other Stanbic IBTC mavericks like Funke Ijaiya Oladipo are doing a fantastic job and have created their pathway not in anyway connected to Wale.

🙏🏽

Make I free oando matter. All I know wale will not out smart me for this my bet on him/proxy and partners. I am more street credible now.I will not make all the gain but loss will never happen. I can never pay another school fees in this nse business

MARKETJJC:



But Oando talk is not basically on fundamental but on Wale and co. Did you not see the last results released?

If a company is having a negative equity over years (different from one off thing that some companies have of recent as a result of forex loss), you want to be careful.

Streetinvestor2:
Make I free oando matter. All I know wale will not out smart me for this my bet on him/proxy and partners. I am more street credible now.I will not make all the gain but loss will never happen. I can never pay another school fees in this nse business

Amen 😁

Despite the GTB hullabaloo in the past 2 days, their stock prices didn't even flinch...NGX! The more you look, the less you see.

emmanuelewumi:



How 10% shareholding increased to 60% get as e be

When they even bought FGN shares in the defunct Oando they used bank loans for the acquisition

Another smart move when they came on board was to sell their shares in the property that was there head office beside Eko Hotel and then became a tenant in the property where they used to be the landlord

I respect your vast knowledge especially about Wale and his style which I doubt if he go ever repent because nobi him really dey game... Maybe he dey front one biggest man ...

Na only you bold to talk am... I for talk many things but I and many others dey inside the bus... At least this forum dey read as elder dey tell them to tread with CAUTION...

Nobody is saying don't put money in Oando but make sure your sense dey there because with Wale anything fit happen and nothing go happen to am especially now that his surname sake is oga at the top

ololufemi:


You hit the right note there on OGG. OneGentleGuy na one of the real ones on this platform and should be held closely and loved as well.

Moving towards the other part ofnyour message, please note that all these talk about Wale being linked UACN PLC doesn't hit the right notes, joor. Fola Aiyesimoju may have worked for Wale under Ocean and Oil Investments, but he subsequently ported to Standard Bank Group via Stanbic IBTC, created his own private equity firm after his stint and experience there before using it to acquire majority shareholdings in UACN PLC. Fola and his other Stanbic IBTC mavericks like Funke Ijaiya Oladipo are doing a fantastic job and have created their pathway not in anyway connected to Wale.

🙏🏽

Thanks for the clarity

[quote author=megawealth01 post=131537333][/quote]
Response you got is wrong. You get div and bonus if bought today (cum-div/bonus).

leparj:


Thank you Oga Emma for your discussions lately.
Hope it opens the eyes of many.

I recently offloaded my Daar Comm at
47k after waiting for many years.
I can't remember a single communication from them to me not to talk of dividends.

Interesting your take on Oando.
Sold of all my Oando at N4 plus when I got tired with them despite not buying any of my Oando shares less than N30.
The price has appreciated much since then. But nothing much has changed. It is still a gamble.

A gambler can hang around waiting for them but it will be a long wait.

Recently also offloaded most of my Dang Sugar, after their recent results,and used the funds to buy more Zenith Bank at N34.
Maybe I shd ve waited a little for the Sugar but I bought all my shares when the price was below N20.
So that money will get me more Zenith Bank interim dividend and Full year dividend.

Traders can make money from the likes of Oando n co but not true minority investors.

Many in will still cash out at a point. Not easy tying down one's funds for years without returns.

Dividends are important to me and I expect to get them from my investments.

Just got Afriland dividend and also expecting Afriprudential today.

So this is how I roll now as the CEO of my
Holdings.

I only buy and hold dividend paying shares now and once the results is bad. Sharply I reassess my interest in the company.

Everyone shd do their DD and do what's best for them.

AFRIP has paid

megawealth01:


AFRIP has paid

Ok.
Good.
Still expecting my alert.
It will come.
I use Access Bank.

Let me drop my 2cents (as a layman):

Nigeria's Oil Industry is fighting one major battle: Oil theft and vandalism.
This is a major reason for the exit of IOCs from any activity in the ND region.
Secondly some details of the deal are:
- OML 60 - 63 (formerly 20% now 40% stake). Economic limit is 2028. This means profit is only guaranteed till 2028.
- OPL 282 and 135 (90% and 48% stake respectively). Until prospecting becomes production, we can't ascertain their profitability.
- Okpai 1 and 2 power plants (960MW TNC).

Based on 2021 reserves estimates, Oando’s total reserves stand at 503.3MMboe (Million Barrels of Oil Equivalent) and the transaction will deliver a 98% increase...

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

This is not correct EXCEPT the law changed this year.

Qualification date means you need to hold the stock in your portfolio by close of business on that day...

[quote author=megawealth01 post=131537333][/quote]

emmanuelewumi:



The guy mouth sweet pass dat of Pastors. The marketing of the offer was too much, the company won NGX award back to back.


I thought the N2 million would grow to N20 million within maximum of 4 years. Unfortunately when I sold the N2 million turned to roughly 500k.

chai!!! This comment don remind me.......

Laso09:


If a company is having a negative equity over years (different from one off thing that some companies have of recent as a result of forex loss), you want to be careful.

I understand but also know that a journey of thousand miles begins with one step as they say. NAHCO started from somewhere and current price sounded the alarm as records show here. I have read all the pages here from page one to present and it took me two months. I saw a lot of transitions, agreements and disagreements. Even when Pa Emma spoke strongly against bua cement in favors of wapco many months ago but today Bua is still ahead of Wapco even after many years. So I understand. Unity Bank is negative but just wait for the suspension to be lifted and you will see plenty full bids

KarlTom:
This is not correct EXCEPT the law changed this year.

Qualification date means you need to hold the stock in your portfolio by close of business on that day...

I surprise too

Just received my Transpower coins

emmanuelewumi:



How 10% shareholding increased to 60% get as e be

When they even bought FGN shares in the defunct Oando they used bank loans for the acquisition

Another smart move when they came on board was to sell their shares in the property that was there head office beside Eko Hotel and then became a tenant in the property where they used to be the landlord

They did not just sell their shares in building. Femi Otedol (AP) was fighting Oando over the property.
But what do you say now about the new Oando building on Ozumba Mbadiwe?

MARKETJJC:


I understand but also know that a journey of thousand miles begins with one step as they say. NAHCO started from somewhere and current price sounded the alarm as records show here. I have read all the pages here from page one to present and it took me two months. I saw a lot of transitions, agreements and disagreements. Even when Pa Emma spoke strongly against bua cement in favors of wapco many months ago but today Bua is still ahead of Wapco even after many years. So I understand. Unity Bank is negative but just wait for the suspension to be lifted and you will see plenty full bids

My brother, this NAHCO you are mentioning now, some people who didn't like the stock denigrated it during that Covid-19 year. I remember how Meshpip kept promoting the stock but it was one of the stocks they used to chase him away from this forum.

Na from that stock matter dem use Ichimoku reason Meshpip matter in 2020. This was a time that stock was trading below NGN4, I think, for NGX market. We all can see where that NAHCO stock has landed as of today. 🙄

I wonder where Meshpip is today sef? 🤔

Oando analysts here are fair weather analysts.. excluding mercy and bagwa.. others are "obey the wind".. if your case is different you can signify or forever remain silent

ololufemi:


My brother, this NAHCO you are mentioning now, some people who didn't like the stock denigrated it during that Covid-19 year. I remember how Meshpip kept promoting the stock but it was one of the stocks they used to chase him away from this forum.

Na from that stock matter dem use Ichimoku reason Meshpip matter in 2020. This was a time that stock was trading below NGN4, I think, for NGX market. We all can see where that NAHCO stock has landed as of today. 🙄

I wonder where Meshpip is today sef? 🤔

But the corruption stories sha... Abi na different nahco

ololufemi:


My brother, this NAHCO you are mentioning now, some people who didn't like the stock denigrated it during that Covid-19 year. I remember how Meshpip kept promoting the stock but it was one of the stocks they used to chase him away from this forum.

Na from that stock matter dem use Ichimoku reason Meshpip matter in 2020. This was a time that stock was trading below NGN4, I think, for NGX market. We all can see where that NAHCO stock has landed as of today. 🙄

I wonder where Meshpip is today sef? 🤔

So you see. I also saw that guy, he pointed a lot of things which most of the ogas opposed but it does appear like all he said later came to pass.

Picky1:


Bros, have you visited the power plant? When was it built, what is the present condition and who are the customers? Insider guy is telling us about plan for bonds listing by Oando which is good but more info is needed to make a better investing decision. It looks like you are an investor please share more info if possible to avoid living on hopeville. Your tenacity is encouraging, please keep it up.
Note: I do not have Oando due to bad experience and don't intend to buy for now.....may be in the future

My brother, the power plant is on ENI's website. It is an IPP called Okpai power plant. It is not a secret; it is well known to industry watchers in the power sector. Please google it and read. I don't have to visit what I can read and learn about online.
I am not an insider in Oando. But I can sincerely sense and appreciate potential value when I see one, especially in a turnaround upstream oil and gas company that is being compared with Seplat, Aradel, Total etc.
I am seeing a potential bright future for the company like some people, while some other people are seeing a terrible past full of disappointments! That's all about Oando.