BabsO2:


Oando booked a higher provision for decommissioning activities of N176b compared to SEPLAT's N117b in 2023. Even though they both reported having N3T worth of assets in 2023

This N3 Trillion worth of Asset is confusing, better to always look at net asset


Emeka has N300 million worth of asset, Uche also has N300 million worth of asset. Emeka and Uche are at par on assst basis.


Emeka has personal debt, mortgage loans and business loans of N160 million, whereas Uche has personal debts, mortgage loans and business loans of N350 million due to accumulated and compounding interest on his loans


Emeka has a net asset or net worth of N140 million, which Uche has a negative net asset or net worth of (N50 million).


Even though they have the same assets, by the time we look at their net assets Emeka and Uche are not at par

unite4real:
GEREGU has moved

N1,050 ********

Thank goodness!
Have been stuck there forever!

emmanuelewumi:




This N3 Trillion worth of Asset is confusing, better to always look at net asset


Emeka has N300 million worth of asset, Uche also has N300 million worth of asset. Emeka and Uche are at par on assst basis.


Emeka has personal debt, mortgage loans and business loans of N160 million, whereas Uche has personal debts, mortgage loans and business loans of N350 million due to accumulated and compounding interest on his loans


Emeka has a net asset or net worth of N140 million, which Uche has a negative net asset or net worth of (N50 million).


Even though they have the same assets, by the time we looked at their bet assets Emeka and Uche are not at par

The huge difference is clear

Camoready:
UBA interim. Any ideas on the date.

Interim dividend wey still dey in the planning stage. Have they even announced how much they will pay?

But why fmn never pay 2023 year end dividend abi na only me never receive?

mikeapollo:


A news portal goes to publish an old news about a company, and you are blaming the company for media hype?
The news item in question is not a recent press conference or press release by Oando.
It is a news portal reporting a story that is more than a year old. It would have been different if it is Oando doing a press release and repeating the same news again and again.
Don't you know that some news portals sometimes recycle stories to fill in spaces?

Who sponsored the news? Anything to move the price is welcomed anyways but I will keep talking.

Let me sound a note of warning to those that want to fight dirty if I start even the bots will be crying

Check this moniker since inception I have always avoided those wanting me to fight.

My reason for avoiding fights isn't weakness but RESPECT and it's reciprocal they say. If I start to reply insults/abuses as they come 🔥 for 🔥, here won't contain those marketing stocks without up to date financials

Be wise

emmanuelewumi:




This N3 Trillion worth of Asset is confusing, better to always look at net asset


Emeka has N300 million worth of asset, Uche also has N300 million worth of asset. Emeka and Uche are at par on assst basis.


Emeka has personal debt, mortgage loans and business loans of N160 million, whereas Uche has personal debts, mortgage loans and business loans of N350 million due to accumulated and compounding interest on his loans


Emeka has a net asset or net worth of N140 million, which Uche has a negative net asset or net worth of (N50 million).


Even though they have the same assets, by the time we look at their net assets Emeka and Uche are not at par

Assuming the N300 million asset of Emeka and Uche generate the same annual cash flow of N100 million per annum.

Emeka can use N70 million to service his N160 million debt, reinvest in his business.


Whereas the N70 million annual cash flow of Uche can't service his N350 million debt. He will rely on overdraft for the running of his operations, will always be renegotiating loans with his bank, will be using debts to service debt


The only way Uche can get out of this quagmire is recapitalize his business, inject more capital in form of equity.

emmanuelewumi:




Assuming the N300 million asset of Emeka and Uche generate the same annual cash flow of N100 million per annum.

Emeka can use N70 million to service his N160 million debt, reinvest in his business.


Whereas the N70 million annual cash flow of Uche can't service his N350 million debt. He will rely on overdraft for the running of his operations, will always be renegotiating loans with his bank, will be using debts to service debt


The only way Uche can get out of this quagmire is recapitalize his business, inject more capital in form of equity.

But debt is not the biggest item in Uche's liabilities. But provisions for the school he opened with his side-chick to settle omo-onile as well as provision he made for removing his business when he retires. He infact has not spent the provision but set aside the money on paper. Yet his JV school and assets are generating surplus cash. He pays his bankers, employees and contractors as when due and still had surplus cash.

Uched has no need for recapitalization to run current business. He only needs more money to fund new diamond mining assets he just acquired.

BabsO2:


But debt is not the biggest item in Uche's liabilities. But provisions for the school he opened with his side-chick to settle omo-onile as well as provision he made for removing his business when he retires. He infact has not spent the provision but set aside the money on paper. Yet his JV school and assets are generating surplus cash. He pays his bankers, employees and contractors as when due and still had surplus cash.

Uched has no need for recapitalization to run current business. He only needs more money to fund new diamond mining assets he just acquired.

lolllllllllllllllllllllllllllllllllllll

I am loving this comic relief to the serious business of company valuation

BabsO2:


But debt is not the biggest item in Uche's liabilities. But provisions for the school he opened with his side-chick to settle omo-onile as well as provision he made for removing his business when he retires. He infact has not spent the provision but set aside the money on paper. Yet his JV school and assets are generating surplus cash. He pays his bankers, employees and contractors as when due and still had surplus cash.

No record of free cash flow for Uche, infact he had to sell his Jeep, land and house in order to enhance liquidity yet his liabilities are more than his assets


Another major problem with him is with his working capital

He found out he could get cheaper loans from First Bank, so he got another loan from First Bank in order to settle Access Bank because those guys at Access are Badass

godlyguy:


Who sponsored the news? Anything to move the price is welcomed anyways but I will keep talking.

Let me sound a note of warning to those that want to fight dirty if I start even the bots will be crying

You may have right to suspect that Oando sponsored the news. Fine!
But are you certain and sure, with evidence that they actually sponsored the news?
Are they the one sponsoring all the news in every news portal, including negative news when it was reported that they were making losses and could become insolvent and bankrupt?

Transcorp is just going down.... anyway considering it came from sub 1 I guess it's still manageable. Meanwhile Oando seem to be on full offer, Abi my meristem app is misbehaving ni

emmanuelewumi:



No record of free cash flow for Uche, infact he had to sell his Jeep, land and house in order to enhance liquidity yet his liabilities are more than his assets

He found out he could get cheaper loans from First Bank, so he got another loan from First Bank in order to settle Access Bank because those guys at Access are Badass

Now, this is a rather bleak picture!
But Uche is able to keep up appearances, and is considered the toast of the town amongst young women in the area.

megawealth01:
https://www.benzinga.com/personal-finance/24/09/40881429/warren-buffetts-daughter-asked-him-for-a-41-000-loan-to-remodel-her-kitchen-but-the-billionaire-

Warren Buffett's Daughter Asked Him For A $41,000 Loan To Remodel Her Kitchen, But The Billionaire Told Her: 'Go To The Bank Like Everyone Else

He would be considered a ritualist if he was a Nigerian!!! Mentality.

emmanuelewumi:



No record of free cash flow for Uche, infact he had to sell his Jeep, land and house in order to enhance liquidity yet his liabilities are more than his assets


Another major problem with him is with his working capital

He found out he could get cheaper loans from First Bank, so he got another loan from First Bank in order to settle Access Bank because those guys at Access are Badass

All the new entrants in this group followup on this conversation so you can fully comprehend the truth about the present state of oando until an up to date financials from them is made public

God bless you for being truthful

presiade:


He would be considered a ritualist if he was a Nigerian!!! Mentality.

One of the problems Africa has is "entitlement mentality"

Tpharell:

Now, this is a rather bleak picture!
But Uche is able to keep up appearances, and is considered the toast of the town amongst young women in the area.

Another perspective

godlyguy:
Check this moniker since inception I have always avoided those wanting me to fight.

My reason for avoiding fights isn't weakness but RESPECT and it's reciprocal they say. If I start to reply insults/abuses as they come 🔥 for 🔥, here won't contain those marketing stocks without up to date financials

Be wise

We don't want the bolded here, it is not good for your health and my health please. We are all here to make money, besides, I don't know the basis of your fighting. As at now, take it or leave it, you lost the battle on Oando. If tomorrow or any other days, Oando reversed back to less than N15, you can start to make mouth, but for now please maintain and chill. Afterall, medals are not awarded here for stock prediction. Besides, nobody is perfect, you win some and lose some, but above all, let your winning be much more than you lose. There will always be more opportunity in the market for everyone.

Tpharell:

Thank goodness!
Have been stuck there forever!

Same here!

emmanuelewumi:



No record of free cash flow for Uche, infact he had to sell his Jeep, land and house in order to enhance liquidity yet his liabilities are more than his assets


Another major problem with him is with his working capital

He found out he could get cheaper loans from First Bank, so he got another loan from First Bank in order to settle Access Bank because those guys at Access are Badass

He made cash from his buying and sell business as well as from his production business now. Yes he sold the house and jeep to liquidate some labilities as the jeep is just a fuel guzzler wasting money away in this time of high fuel price. While that house is not really an investment as it was a loss making venture as tenants don't pay timely, neither is the property full accupied and there are always repairs to be done amongst other fees. He is not doing too badly joggling his working capital.

ndept:
We don't want the bolded here, it is not good for your health and my health please. We are all here to make money, besides, I don't know the basis of your fighting. As at now, take it or leave it, you lost the battle on Oando. If tomorrow or any other days, Oando reversed back to less than N15, you can start to make mouth, but for now please maintain and chill. Afterall, medals are not awarded here for stock prediction. Besides, nobody is perfect, you win some and lose some, but above all, let your winning be much more than you lose. There will always be more opportunity in the market for everyone.

Which battle are you fighting? Which one did you lost?

We are not even on the same page. Read what you typed ten times then we can talk from same point of comprehension

With mixed movements across various sectors, the market is buzzing with activity. Keep an eye on these top performers and laggards as we head into the rest of the trading week!

OakPearl:


What is happening between the Dangote Group and NNPC is a case of incompetence meeting head on with competence and precision. Accountability and business integrity meeting with a system where deceit and lies form a core ingredient of existence.
Any one swapping jobs from Shell to the Nigerian civil service will easily develop migraine and BP due to the huge golf in standards and procedures.
The sudden grey hair on Alhaji says it all.
If that is his sacrifice for this country, may Nigeria be liberated finally.

NNPC is a cesspit of madness. With all going on, they are still importing petrol because that is where they make money from.
https://www.youtube.com/watch?v=e7-XmfEmCkM&feature=youtu.be

godlyguy:


Which battle are you fighting? Which one did you lost?

We are not even on the same page. Read what you typed ten times then we can talk from same point of comprehension

My good friend and brother in NSEMPA, I am here to make money and not to be going back and fort on needless conversation. I wish you and everybody here well and in good health. Good luck.

FBNH price action behaving like MEME COIN

BabsO2:


He made cash from his buying and sell business as well as from his production business now. Yes he sold the house and jeep to liquidate some labilities as the jeep is just a fuel guzzler wasting money away in this time of high fuel price. While that house is not really an investment as it was a loss making venture as tenants don't pay timely, neither is the property full accupied and there are always repairs to be done amongst other fees. He is not doing too badly joggling his working capital.

He has not earned any dividend in 5 years. Thank God Uche has a God-fearing and supportive wife.

Uche has not been able to audit his 2023 financial account and also has outstanding tax liabilities.


Thank God Uches uncle was recently elected as a Senator and he try his best to support his nephew to bounce back


One thing you can't take away from Uche is that he is highly calculative, mouthed, he is ladies man being a Lagos boy with street credibility


I will advise you to study his accounts again, he doesn't have free cash flow, working capital is in negative same with solvency state

Tpharell:

Now, this is a rather bleak picture!
But Uche is able to keep up appearances, and is considered the toast of the town amongst young women in the area.

That is where goodwill, packaging, connection, social capital and PR management comes in

Tpharell:

Now, this is a rather bleak picture!
But Uche is able to keep up appearances, and is considered the toast of the town amongst young women in the area.

A real toast of the town as restaurants and clubs are making tons of money as the ladies flirt with Uche all over the place. Meanwhile Emeka no give the restaurants and clubs any reason to smile as his trade volumes are small.

emmanuelewumi:



He has not earned any dividend in 5 years. Thank God Uche had a God-fearing and supportive wife.

Uche has not been able to audit his 2023 financial account and also has outstanding tax liabilities.


Thank God Uches uncle was recently elected as a Senator and he try his best to support his nephew to bounce back


One thing you can't take away from Uche is that he is highly calculative, mouthed, he is ladies man being a Lagos boy with street credibility


I will advise you to study his accounts again, he doesn't have free cash flow, working capital is in negative same with solvency state

Lead me not into temptation oooooo

Only one name is coming to my mind but I won't call that name

@godlyguy takenote

BabsO2:


A real toast of the town as restaurants and clubs are making tons of money as the ladies flirt with Uche all over the place. Meanwhile Emeka no give the restaurants and clubs any reason to smile as his trade volumes are small.