Coolcash1:


Even without any fundamentals driving the momentum , the technical set up is bae!

They do this a lot here. They tried it with VFD stocks earlier this week but failed.

No wahala I’ll be back

Olaide1295:

Posts like these would be deleted if I was a mod. You have no reputation, no precendents. Yet come here to give people advise without explaining why.
He says "E get why....All I can say for now". Mr. Man, who are you and why should people care what you have to say?

FYI

Details of OPL 245.
https://www.eni.com/en-IT/media/opl245-case-process-nigeria.html

BabsO2:


I clicked send while still typing. I was trying to complete as follows

Long term Oando should be looking at N177 assuming SEPLAT price remain flat long term ay N3730.

Looking at number of shares, SEPLAT has 588 million shares while OANDO 12,431 million shares. That is for every 1 SEPLAT share there are 21 Oando shares. If one assumes they are roughly the same in Assets since they both had total assets of N3T in their 2023 financials. And assuming shareholders start benefitting at par from Assets in both companies. Oando price can be estimated to be SEPLAT share price divided by 21 based on these simple numbers & assumptions. At todays SEPLAT price of N3730 Oando's bench price goal is approximately N177

How come you did not consider the liabilities. Subtract the liabilities so that we can have the net asset

megawealth01:
I worked with FIRST BANK in my days in Nigeria but Oando and FIRST BANK situation ain't the same sha

OK......but you haven't work in OANDO, and while those in the industry are trying to shed more light to happenings there, you're still bent on the Little you know.
Well done sir.

Ades1:



$19B na chop money lmfao!!! American dollars oooooh!!!! Nigerians joke too much sha . Just throwing figures around any how. All the banks in Nigeria probably not worth $19B as we speak. But na chop money for big boyz

Even Only Abacha loot ....
self pass $5 billion dollars
Dats the one they can trace ...ooo
What about those they cant trace...?.
U no see say NNPC could not produce audited....
financial statement for 43 years....
U don hear that before ...thats almost half a century...

Nigerialabalaba:
Despite losses and missing Q2 forecast, Eterna Oil’s share price continues to rise
https://nairametrics.com/2024/08/28/despite-losses-and-missing-q2-forecast-eterna-oils-share-price-continues-to-rise/

Dis na eterna wey dey full bid o, dem bad belle people no warn people about eterna, na Oando wey buy multibillion assets wey dey fetch dollars na hin dem dey warn people about. Yeye bad belle people!


Eterna wey make loss and on top dat, na naira eterna dey make,una no give una yeye warning to people make dem no buy eterna na oando wey no dey market una dey yarn nonsense about becos of una bad belle.

Na una presco, wapco, prestige, dnsugar, nascon go cast las las and we go dey hia to remind una say na d bad una dey wish others happen to una. Bad belle people wey leave leprosy con dey treat lapalapa. Shior

Nobody hia fit even buy Oando again becos d gate don close and even if Oando reach N200, make una no buy, nobody send una.

Make una happy for Oando shareholders, una no gree hear because of bad belle and una na desperately wicked, envious and jealousy people. Na all of una portfolio go cast las las as una dey wish bad for other people.

If u dey hia dey follow dis people, ur portfolio go cast too. Avoid dis bad belle people if u no wan ur portfolio to cast join.
Igi pawpaw oni wo pawa o.

Make una warn people about return of kidnapping for SE again too becos e go affect companies wey dey southeast

Una don dump Eterna and Tantalizer on people.
I pity d people wey dey follow una bad belle people. If u dey hia and u like no hear word, las las na u dem go chop as breakfast and lunch.

Na so una go dey cast one by one.

After dumping eterna and Tantalizer for ur head, na prestige and cutix dem dey plan to dump for ur head again.

Igi pawpaw oni wo pawa o.

This is a bit harsh o

Truth is nobody knows anybody here o.
I am convinced that we have big asset managers, Market Manipulators, and representatives of some corporations here.

Please don't let us discouarge people from dropping invaluable hints ABEG

I no sabi TA, FA, SA, SSA etc. I thrive on news and hints

Olaide1295:

Posts like these would be deleted if I was a mod. You have no reputation, no precendents. Yet come here to give people advise without explaining why.
He says "E get why....All I can say for now". Mr. Man, who are you and why should people care what you have to say?

https://nairametrics.com/2024/08/30/oandos-non-executive-director-resigns-for-national-role/

emmanuelewumi:




How come you did not consider the liabilities. Subtract the liabilities so that we can have the net asset

Let there be no vawulence

ProphetUtuocha:


https://nairametrics.com/2024/08/30/oandos-non-executive-director-resigns-for-national-role/

How I wish this was WALE? If Wale leaves Oando today, I'll just add more Oando to what I have left

Raider76:
Oando traded 93.8m shares worth N6.8b. Clearly institutional buyers at play. Probably Wale himself was buying.

If Wale is the one buying, then it would be wise to hold onto the units I have. This indicates that he values each share more highly than the current trading price on the floor.

TA and FA sometimes are after the fact......sometimes you follow first and get explanation later

Sunrisepebble:
No wahala I’ll be back

Good.
But make sure you come back with figures/facts if you want to share information with people. In God we trust, all others must bring data.

mikeapollo:

This minute you are on, next minute you are off; again and again.

I tire ooo. This guy, if care is not taken , is the type that will make 1 billion and still lose back and more to the market. NEPA attitude

ProphetUtuocha:


https://nairametrics.com/2024/08/30/oandos-non-executive-director-resigns-for-national-role/

I am sure you must have equally seen this happening in the spiritual before now. This is not supposed to be in this handle. This is not the M handle. This is a big mistake oh..lol

Nigerialabalaba:

Una don dump Eterna and Tantalizer on people.
I pity d people wey dey follow una bad belle people. If u dey hia and u like no hear word, las las na u dem go chop as breakfast and lunch.

Na so una go dey cast one by one.

After dumping eterna and Tantalizer for ur head, na prestige and cutix dem dey plan to dump for ur head again.

Igi pawpaw oni wo pawa o.

ETERNA: you that is now looking for a way to bring it down more and load more . You would have said the same thing if Oando had closed in red. Abeg is ETERNA the only one in red or it is the one in red that you want to push further down and load . ETERNA that will still enter north road next week, then I will wait for u again by next weekend. ETERNA that people were still buying seriously even at full offer.

I hope they don dump CI too, and JAPAULGOLD, cornerstone

brotherly:


If Wale is the one buying, then it would be wise to hold onto the units I have. This indicates that he values each share more highly than the current trading price on the floor.

TA and FA sometimes are after the fact......sometimes you follow first and get explanation later

Why would Wale wait until Oando shares are selling at N70 before buying when he could have bought much cheaper when the shares were selling at N5?
The people buying are most likely new or institutional investors who now believe in the future prospects of Oando

ProphetUtuocha:


https://nairametrics.com/2024/08/30/oandos-non-executive-director-resigns-for-national-role/

President Bola Ahmed Tinubu has approved the appointment of Mr. Tanimu Yakubu as the Director-General of the Budget Office of the Federation, following the expiration of the tenure of Mr. Ben Akabueze.

Ajuri Ngelale, Special Adviser to the President on Media and Publicity, in a statement said Yabuku is an accomplished economist and was Chief Economic Adviser to late President Umaru Musa Yar’ Adua from 2007 to 2010; Managing Director/Chief Executive Officer of the Federal Mortgage Bank of Nigeria from 2003 to 2007, and Commissioner of Finance, Budget, and Economic Planning in Katsina State from 1999 to 2003.

https://dailytrust.com/tinubu-names-yaraduas-economic-adviser-dg-budget-office/

Zenith bank NGN 1 naira interim dividend. 🙂😎

https://businessday.ng/news/article/etuh-danjuma-acquire-notore-chemical-for-150m/

Dangote acquires Notore.. what does this portend ?

ZENITH
Corporate Action.....
Interim dividend: N1.00
Qualification Date: 13th September,2024
Payment Date: 20th September,2024
Nice one from ZENITH ...

https://doclib.ngxgroup.com/Financial_NewsDocs/42085_ZENITH_BANK_PLC-ZENITH_BANK_PLC__CORPORATE_ACTION_CORPORATE_ACTIONS_AUGUST_2024.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/42084_ZENITH_BANK_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_AUGUST_2024.pdf

yMcy56:
ZENITH
Corporate Action.....
Interim dividend: N1.00
Qualification Date: 13th September,2024
Payment Date: 20th September,2024
Nice one from ZENITH ...

https://doclib.ngxgroup.com/Financial_NewsDocs/42085_ZENITH_BANK_PLC-ZENITH_BANK_PLC__CORPORATE_ACTION_CORPORATE_ACTIONS_AUGUST_2024.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/42084_ZENITH_BANK_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_AUGUST_2024.pdf

This bank might hit 1trillion PAT by year end ooo...fantastic interim dividend,FBNH hope you guys are watching better pikin

MadmaxX489:
Zenith bank NGN 1 naira interim dividend. 🙂😎

Okokobiko ooooo

SonofElElyonRet:
https://businessday.ng/news/article/etuh-danjuma-acquire-notore-chemical-for-150m/

Dangote acquires Notore.. what does this portend ?

Danjuma

SonofElElyonRet:
https://businessday.ng/news/article/etuh-danjuma-acquire-notore-chemical-for-150m/

Dangote acquires Notore.. what does this portend ?

Which person buy am again?

ositadima1:


Danjuma

E wan sugar/salt to go up fast

Well that's why IMG went from sub11 to almost #30 in two months?

mikeapollo:


Why would Wale wait until Oando shares are selling at N70 before buying when he could have bought much cheaper when the shares were selling at N5?
The people buying are most likely new or institutional investors who now believe in the future prospects of Oando

Well it possible that Wale is buying sha...

Why will OTEDOLA wait until FBN gets to #19 before buying when the same FBN stayed months on sub 3 and 4?

US court drops $258 Billion Dogecoin manipulation case against Elon Musk 

https://nairametrics.com/2024/08/30/us-court-drops-258-billion-dogecoin-manipulation-case-against-elon-musk/

Baseless...

Maybe he's part of those manipulating Oil and gas prices sef?

Sunrisepebble:
No wahala I’ll be back

Pls before you go.Is it true the ceo of this oil and gas company you have been marketing na wale boy before now.i just read am somewhere

Good stuff. At least you've made a decent attempt at valuation. I've been an Oando shareholder for years so I want the shares to go to the moon, but the wild fantasies here, ehn?

You're assuming that both companies have similar debt levels (they don't) and asset efficiency (debatable). Remember that both the shareholders and the creditors have claims on the assets of a company, so the shares of the company with lower debt are probably more valuable, if you keep assets constant. Maybe redo the calculation with net assets (Assets - Total debt)?

BabsO2:


Long term Oando should be looking at N177 assuming SEPLAT price remain flat long term ay N3730.

Looking at number of shares, SEPLAT has 588 million shares while OANDO 12,431 million shares. That is for every 1 SEPLAT share there are 21 Oando shares. If one assumes they are roughly the same in Assets since they both had total assets of N3T in their 2023 financials. And assuming shareholders start benefitting at par from Assets in both companies. Oando price can be estimated to be SEPLAT share price divided by 21 based on these simple numbers & assumptions. At todays SEPLAT price of N3730 Oando's bench price goal is approximately N177

HesInMe:
Good stuff. At least you've made a decent attempt at valuation. I've been an Oando shareholder for years so I want the shares to go to the moon, but the wild fantasies here, ehn?

You're assuming that both companies have similar debt levels (they don't) and asset efficiency (debatable). Remember that both the shareholders and the creditors have claims on the assets of a company, so the shares of the company with lower debt are probably more valuable, if you keep assets constant. Maybe redo the calculation with net assets (Assets - Total debt)?

New hater or anti onado don arrive. You are welcome to the club

HesInMe:
Good stuff. At least you've made a decent attempt at valuation. I've been an Oando shareholder for years so I want the shares to go to the moon, but the wild fantasies here, ehn?

You're assuming that both companies have similar debt levels (they don't) and asset efficiency (debatable). Remember that both the shareholders and the creditors have claims on the assets of a company, so the shares of the company with lower debt are probably more valuable, if you keep assets constant. Maybe redo the calculation with net assets (Assets - Total debt)?

💯