Let's hope they will allow Oando to close above 50 tomorrow despite likely profit taking at that psychological target price.

Raider76:
Let's hope they will allow Oando to close above 50 tomorrow despite likely profit taking at that psychological target price.

It is only a matter of hours. I see Oando closing above N50 tomorrow. Please, don't ask me for TA and FA. But, sentiment favours this stock. If not that am cash strapped, I wanted to increase my holding

Raider76:
Let's hope they will allow Oando to close above 50 tomorrow despite likely profit taking at that psychological target price.

Double top

Banks Interim dividend
When would CBN allow interim paying banks to release their results. I believe this would be a booster for banking recapitalization. But, the delay is too much now. The market needs news to spur it to greater height.

Princkez:
imagine this headline news..."OANDO BUYS Port-Harcourt REFINERY "

Na the kain news wey dey sweet your portfolio.

Oando is a land bus with rocket engine. And NEWS is the rocket fuel.

zendi:
Na the kain news wey dey sweet your portfolio.

Oando is a land bus fitted with rocket engine. And NEWS is the rocket fuel.

Atiku is challenging Oando takeover of AGIP seriously creating bad press and caution to new intending investors.

Make this people commit body for this Oando matter Oando is the only thing giving me joy this period.

H. E. Alhaji AA is actually challenging the takeover of NNPC Retail by OVH Marketing.

There will always be bad press until things stabilize financially with OandO. That's why every news about OandO is a 'bull news'

OandO-NAOC deal looks fair (bar the funding)...

designking:


Atiku is challenging Oando takeover of AGIP seriously creating bad press and caution to new intending investors.

Make this people commit body for this Oando matter Oando is the only thing giving me joy this period.

Immediately OandO release their outstanding AFS, expect a raging bull run for weeks...

BullBearMkt:
BELOW 28.55 IS NB BUYERS LEVEL. CAN THIS BE ANOTHER OANDO IN THE MAKING?
Price has "digged" below 28.55 at 3 different periods and got rejected. Another retest most likely will face similar experience. Could this be NB all-time low?

RISK: Stock has been making lower-low and lower-high and "this" may continue to push price further down.

PLAN YOUR TRADES AND TRADE YOUR PLANS

In my opinion, people buying NB are basing their hopes on a company they once knew, not the current reality on the ground. NB will sell for 15 naira or below when things become clearer (negative equity already). It's a very risky stock; I would stay clear of that one.

Broker Performance

IMO
The bolded is a possibility only IF USD sells for ₦2500+ (which is not looking likely) ...

NB, Nestle, MTN are in same WhatsApp group.

ositadima1:


In my opinion, people buying NB are basing their hopes on a company they once knew, not the current reality on the ground. NB will sell for 15 naira or below when things become clearer (negative equity already). It's a very risky stock; I would stay clear of that one.

KarlTom:
H. E. Alhaji AA is actually challenging the takeover of NNPC Retail by OVH Marketing.

There will always be bad press until things stabilize financially with OandO. That's why every news about OandO is a 'bull news""'

OandO-NAOC deal looks fair (bar the funding)...

This controversy can never go away. Do you know that the "O" in OVH stands for Oando, and that there is a statement on OVH's logo which says "an Oando licensee"? If Oando has divested completely from OVH why has the name not changed?

I believe for the next 3 to 7 years Oando and the Tinubu government will be like Siamese twins fused at the head. Whatever happens to Oando will be seen as a favor from the government.

jonnysessy:
Banks Interim dividend
When would CBN allow interim paying banks to release their results. I believe this would be a booster for banking recapitalization. But, the delay is too much now. The market needs news to spur it to greater height.

They better start releasing results (with good dividend payment action) in this last week of August.
They also need to start bringing interest rates on government bonds down to support businesses currently struggling from high finance cost. So that the economy (& stock market) can witness a boost from September and for the rest of the year.

Mankind2024:
Nestle is being bashed globally. The order block is DB from the (NYSE) to the (SWX) and the NGX.

I'm waiting for NESTLE at my bargain price

ositadima1:


In my opinion, people buying NB are basing their hopes on a company they once knew, not the current reality on the ground. NB will sell for 15 naira or below when things become clearer (negative equity already). It's a very risky stock; I would stay clear of that one.

NB is a stock I'm waiting to key into at my bargain entry...

The brewery is getting bashed generally sha except Guinness

Raider76:
Let's hope they will allow Oando to close above 50 tomorrow despite likely profit taking at that psychological target price.

All that bids for Friday go likely they offer side tomorrow.
Tomorrow na day for another casting

Good evening Mr Megawealth01.
You recently said you have started accumulating VFD PLC. Can you give insight on their FA. Thanks

Good evening Sir BullBearMkt.
Please what is TA saying on Prestige, VFD, Wema, CWG, Custodian. Thanks

Good evening Sir aj8.
Please what is Common Sense Strategy saying on VFD, Wema,

Mankind2024:
https://nairametrics.com/2024/08/25/oandos-return-to-profitability-to-strategic-acquisition-the-prospect-for-investors/

One-off forex gains in 2023 is responsible for that profitability.

I am assuming most of the Oando hype here is by traders. Investors should note that and not be left holding monkeys on the long run.

Trade, if you want but look well if you're talking investment.

chillykelly86:


One-off forex gains in 2023 is responsible for that profitability.

I am assuming most of the Oando hype here is by traders. Investors should note that and not be left holding monkeys on the long run.

Trade, if you want but look well if you're talking investment.

But people putting in billions every week for some weeks now, are not ordinary traders or small persons. Or are you not seeing the amount exchanging hands every day and week?

Streetinvestor2:

Lest we forget #OandOIsNigeria ...




Really. The President has a tenure. The abacha family never knew it will end in tears too.They should enjoy while it last.

For now and even after Tinubu presidency, Oando/Tinubu owns Lagos and Nigeria is actually nothing without Lagos. This explains why no serious and heavy economic power house in Nigeria boldly opposed Tinubu because Business is Lagos and Lagos is business. So as long as there is Tinubu's Lagos, he will always have a say and or have Lagos to bargain with

MARKETJJC:


But people putting in billions every week for some weeks now, are not ordinary traders or small persons. Or are you not seeing the amount exchanging hands every day and week?

My caution for "investors" remains. Putting in billions or trillions doesn't mean they can't go wrong. If you take out over 200b forex gains from that result, Oando still returned a loss of about 130 billion or more. And that forex gain is ONE-OFF.

If anyone wants to INVEST, they should be sure they have done their due diligence. SIMPLE.

megawealth01:
Everything you said is VALID unless the fact that you dodged giving mcy the 500k UCAP you promised her...
Agreement is agreement oooooo

Thank you Mega...
Na so human beings dey......He don join me with Agba to dey drink Garri.
DiarissGod o. 😁

Happy New Week.
Wishing us all a fruitful and blessed week.

Mankind2024:
Earlier today,one of the forum conversations was about emergency funds. Little did I know I would soon receive a 'save my soul' message from my younger sister. She's not the type to ask for help, despite being a public servant with her own family. I was deeply touched by her request.
On Friday, she had sent a WhatsApp message asking about my family and business; I had no idea she was facing a financial challenge. Trust me, I quickly assessed her situation. She had been a huge help to me during my needy days as a poor undergraduate at the prestigious University of Lagos. Without hesitation, I dipped into my emergency fund and repaid her kindness with N150,000.
Indeed, Nigerians are struggling, and we have a responsibility to support those who were there for us before success came our way. I thank God that I was able to help her, not by my own might or power, but by divine grace.

You have the responsibility of educating your siblings about saving, investment and personal finance.

When my mother was alive I was the person managing her portfolio. I found out she was getting good pension from where she retired and also getting her own share from the rental income generated from her late mother's property.


I advised her to use these incomes to buy shares and Treasury Bills.

Over period of ten years due to good risk management and portfolio rebalancing, the portfolio built another property for her thereby expanding her income streams

Hehehehe. At a particular point in time, there is always a great deal of crazy people, with a great deal of crazy money, buying a great deal of crazy things.

Some people are hellbent on making O and O a gambling stock. They would buy on Thursday, sell on Friday and then shout " e don cast on Monday". O and O to acquire Eni is a great feat in that industry, no other company has achieved such feat. Nestle was once the best stock you can own in our stock market, but the story has changed today. Nothing dey guaranteed in this our market cos some companies even cook their results to impress it's shell holders. Tell me what is driving Total energy up and I will tell you what is driving O and O up too. We have sharks here, so be wise

KarlTom:
H. E. Alhaji AA is actually challenging the takeover of NNPC Retail by OVH Marketing.

There will always be bad press until things stabilize financially with OandO. That's why every news about OandO is a 'bull news'

OandO-NAOC deal looks fair (bar the funding)...

Fair from what angle. Seplat /Mobil deal on hold... Shell/Renaissance on hold... While Oando-Naoc deal sail thru sharp sharp...

thebargainhunte:
Some people are hellbent on making O and O a gambling stock. They would buy on Thursday, sell on Friday and then shout " e don cast on Monday". O and O to acquire Eni is a great feat in that industry, no other company has achieved such feat. Nestle was once the best stock you can own in our stock market, but the story has changed today. Nothing dey guaranteed in this our market cos some companies even cook their results to impress it's shell holders. Tell me what is driving Total energy up and I will tell you what is driving O and O up too. We have sharks here, so be wise

Total has been growing it's balance sheet and income for the past 4 years. They have been posting profits and have also been paying full and interim dividend consistently during this period. Their most recent result was a huge improvement from their previous result.

it was not a promise but what it's seen on ground and shareholders seeing and getting the direct benefits.

the fundamentals are clear without deceptions

Good morning, is it possible to see bids and offers between 9:30 and 10.00am on Morgan capital's itrade?

Kwibaba:
Good morning, is it possible to see bids and offers between 9:30 and 10.00am on Morgan capital's itrade?

Never seen it. But you can put in buy and sell orders