Sunrisepebble:
217 million, when they list on NGX 4bn. Everybody Dey rush am on NASD

Is that not too much for the NGX at a price of 350-450 based on your projection?

designking:


Oando is a great long term stock. No matter what the sentiment or fundamentals say, Oando fair price is around ₦150 - ₦200. That is the price it will settle.

The stock has no business staying below ₦100.

If so, then why sell Oando now ?

FCCPC Gives Traders 1-Month Deadline To Crash Prices Of Goods

https://nairametrics.com/2024/08/29/inflation-fccpc-gives-traders-one-month-deadline-to-crash-prices-of-goods-across-nigeria/

designking:


Oando is a great long term stock. No matter what the sentiment or fundamentals say, Oando fair price is around ₦150 - ₦200. That is the price it will settle.

The stock has no business staying below ₦100.

You really need to make up your mind and maintain a position.

Are you not selling all your Oando stocks tomorrow again?

designking:


Oando is a great long term stock. No matter what the sentiment or fundamentals say, Oando fair price is around ₦150 - ₦200. That is the price it will settle.

The stock has no business staying below ₦100.

So what did you use to arrive at the fair value since what fundamentals or sentiments says is not necessary. Did you consult an oracle

Streetinvestor2:
why.?Is because you mentioned sugar/salt.Thr is reason alhaji is a rich guy.The third and last quarter will tell more on sugar.One of the problem with breweries is that apc government has really been fighting it.The sugar major loss is not yet realised. If it becomes that bad.Alhaji will never throw in the shareholders. He did it with flour that worth nothing at that time.He paid us #24.I don't see sugar going below 30...my opinion. Alhaji believes strongly in that company based on so many reasons. And government policy favours that sector not like alcohol being destroyed in the North

From my point of view, I think dangfood may be approved next year, but the month and quarter is what I know not

ojesymsym:
Not always true sha.

Some of the kids of business folks take on far less challenging jobs like DJ.

Streetinvestor2:
So what did you use to arrive at the fair value since what fundamentals or sentiments says is not necessary. Did you consult an oracle

Hahaha !!!

designking:


Oando is a great long term stock. No matter what the sentiment or fundamentals say, Oando fair price is around ₦150 - ₦200. That is the price it will settle.

The stock has no business staying below ₦100.

Just when I thought I would be getting some offers tomorrow

You go sell abi you no go sell?

veecovee:


From my point of view, I think dangfood may be approved next year, but the month and quarter is what I know not

If no news about the food any moment soon... Any further loss from sugar/salt might not be funny in the price correction further

But it's opportunity for discerning investors to do the needful

emmanuelewumi:




They also assist with down payment for properties, so by the time they pay mortgage for 20 to 25 years they will finally own the property and are in a better position compared to those paying rents for 20 to 25 years.

All these will give the children a quick headstart.


What do you expect an 80 year old who is making over N30 million per annum based on smart financial decisions made in his youth with his money, rather than spending it on his grandchildren and relieve financial pressure on his children

That headstart makes a huge difference.

Alagbalaowo:


Just when I thought I would be getting some offers tomorrow

You go sell abi you no go sell?

Sell fire... We are riding this till next year... Anything wey wan happen make e happen. We go no where.

megawealth01:


You stay in the US?

As at the time of typing/posting, yes. Not always though.

Run away from anything wealth.ng.

Zero customer support
Late payment of Dividend.
Outdated platform.

You don't have a CSCS Account (They buy in bulk and "share".

If anything happen to them, your money is stuck.

Alagbalaowo:


Just when I thought I would be getting some offers tomorrow

You go sell abi you no go sell?

🤣🤣🤣😂

Capitas7:


As at the time of timing, yes. Not always though.

Ok

Capitas7:


That headstart makes a huge difference.

💯

gare2510:
Is Morgan Capital having issues, the final prices have not been updated for today?

Technical glitch from NGX server.

**Updated: They're now coming up with today's updates.

veecovee:


From my point of view, I think dangfood may be approved next year, but the month and quarter is what I know not

I didn't buy sugar because of the marger .The marger is just additional bonus if it happens.

Alagbalaowo:
Just when I thought I would be getting some offers tomorrow
You go sell abi you no go sell?

😁😁

Alagbalaowo:


Just when I thought I would be getting some offers tomorrow

You go sell abi you no go sell?

It does not matter if he sells or not tomorrow. Thr will be selling from other persons. Make una leave all this psychological game.The decision to sell, hold and buy is his business

Omorwumi:
Pls which stock is.advisable to buy tomorrow since today is gone already

You're welcome.
You said you're new on this platform, are you also new in investing?
Reason I asked is to advice you against buying just any stock if you're new, don't be in haste yet.

Streetinvestor2:
So what did you use to arrive at the fair value since what fundamentals or sentiments says is not necessary. Did you consult an oracle

zendi:
Oando cannot command the same sentiments in South Africa as in Nigeria because South Africans do not know crude oil as we do.
Is there anybody here who cannot point at one billionaire or more from his State who are rumored to have made it through the "lifting of crude oil" ?
Nigeria is a petro-dollar nation, SA is not, to my awareness. So many Nigerians who have grown tired of dreaming of laying hand on NNPC Term Contract to market crude oil, let alone grabbing an oil block, are seizing opportunity to snap up the shares of Oando while it's still affordable.
The South Africans, meanwhile, are probably disecting Oando through Ewumi-style forensic analysis and, seeing no dividends in the near term, are valueing it accordingly.

When Oando shall start dishing out dividends, it may be highly profitable for dividend hunters to to go and load it that place because I believe the payouts will be the same in currency equivalence giving that the buy out proposal for the attempted Delisting was the same 7.07 or equivalent.

It will be good to know the traded volume in JSE. Perhaps insignificant volumes. Which means big holders are not selling but watching. But perhaps a few holders for whatever reasons dispose as the need arises.

The picture from investing.com shows when thousands get traded in JSE when trades occur on a weekly basis if they occur. Millions change hands in NSE

megawealth01:


What country pls?

In Nigeria

Streetinvestor2:
It does not matter if he sells or not tomorrow. Thr will be selling from other persons. Make una leave all this psychological game.The decision to sell, hold and buy is his business

Actually we want them to sell so we can top up our volumes. I need to fill up small

Let me go sharpen my cutlass...

Alagbalaowo:


Actually we want them to sell so we can top up our volumes. I need to fill up small

Let me go sharpen my cutlass...

How many units are you ready to buy tomorrow

Streetinvestor2:
So what did you use to arrive at the fair value since what fundamentals or sentiments says is not necessary. Did you consult an oracle

There is another one called sixth-sense analysis. It is higher than all these others, including street-sense analysis.


(1) 50,000 barrels of crude oil daily.
(2) Unknown trillion cubic feet of gas.
(3) 1,490 kilometres of pipelines.
(4) 3 Gas Processing Plants.
(5) The Brass River Oil Terminal.
(6) The KwaleOkpai power plants with a combined capacity of 960 MW.
(Geregu= 435 MW by contrast) .
(7) Top Guy possible connection.


Please note that item No. 7 alone is a thermonuclear fundamental strength in itself.

Note also that the Afreximbank does not hand out $783 million lightly, or to all comers, but must have conducted a thermonuclear due diligence before funding these acquisitions.

Oando at #200 is ground floor, by sixth sense analysis.

Abeg house I need 3000 Oando. I have place the order for a buy already. I just need anyone to place a sell of 3000 units and my buy order will be able to catch it.

Thanks!

designking:
Abeg house I need 3000 Oando. I have place the order for a buy already. I just need anyone to place a sell of 3000 units and my buy order will be able to catch it.

Thanks!

Which broker do you use? If you are serious about this

Streetinvestor2:
How many units are you ready to buy tomorrow

How much are you willing to offer?

Alagbalaowo:


How much are you willing to offer?

I can connect you for a cross deal if you truly want to buy during trade hours