UBA
Seems the profit takers were done dragging it down to 27......inching up slowly from there...

Aradel now trading @ a higher market cap than Seplat Wahala

Sunrisepebble:
Aradel now trading @ a higher market cap than Seplat Wahala

14th, right? we are waiting

Might get to 1k before listing on the Main Board...

Sunrisepebble:
Aradel now trading @ a higher market cap than Seplat Wahala

Tpharell:

Even with the “yahoo oil” there is no chance of Oando falling back any time soon to the twenty something naira you were discouraging people from acquiring it back then. Oando was clearly a terrible call for you, suck it up and move on!

You don't need all the emotions just tell your demigod CEO to come out clean with the books so people can believe he isn't doing yahoo oil and less I forget I don't care if your OANDO get to SEPLAT price they should just be clean instead of MH

Sunrisepebble:
Aradel now trading @ a higher market cap than Seplat Wahala

We go price am down
Let it land in NGX first

1k is not possible sadly because there are only 4 more tradings day on NASD till NGX listing (trading will halt Oct9 and t+3 inclusive of the weekend to list on the 14th), so assuming another 9% plus performance on each day we can see a listing price of ~800. I honestly expect to see some resistance perhaps next week though. #800 is essentially 16k. Those that got in around 4k have 4xed. Won’t be a bad idea for them to take profit

KarlTom:
Might get to 1k before listing on the Main Board...

Spot on!

Sunrisepebble:
1k is not possible sadly because there are only 4 more tradings day on NASD till NGX listing (trading will halt Oct9 and t+3 inclusive of the weekend to list on the 14th), so assuming another 9% plus performance on each day we can see a listing price of ~800. I honestly expect to see some resistance perhaps next week though. #800 is essentially 16k. Those that got in around 4k have 4xed. Won’t be a bad idea for them to take profit

I can see this happening. The fear I had with the PE firm looking to dump has been quenched as they have to find a strategic buyer for that huge volume but retail investors who have made huge profits and hold significant volume will likely want to exit on the NGX with improved liquidity. It is possible that it can decline once it lists on the NGX

Willie2015:


We go price am down
Let it land in NGX first

godlyguy:
One company seems to be doing yahoo oil
Be wise

Lol
See the valuation of your so called "Yahoo Oil"
I know you'll term it as media hype again....
Kwantinu....in Patience voice....😁
Just try not to miss any rally that may show again...

https://www.thisdaylive.com/index.php/2024/10/02/oando-emerges-first-nigerian-ioc-valuation-hits-4-billion/#:~:text=With%20its%20operations%20outside%20the,International%20Oil%20Company%20(IOC)

Quick scan of the UBA HY financial reports particularly because of the comments about "deceitful" increased dividends from relatively lower profit. Here are my observations:

1. Topline: All income classes increased by over 100%. This would imply organic growth.

2. Bottomline: PBT was dragged down (403B to 401B) majorly because of (i) much reduced foreign exchange gain (95B compared to 418B) and (ii) higher operating expenses (312B compared to 140B). This would imply slowing forex opportunities and maybe reduced efficiency. Then income tax more than tripled to further increase the PAT margin when compared to 2023.

3. Cashflow statement is rather impressive than disappointing.

4. Paying N2 out of N8.9 EPS still leaves the group with N6.9 per share for half year only. This cannot be said to be fundamentally weak for a stock trading at N24-N28.

yMcy56:

Lol
See the valuation of your so called "Yahoo Oil"
I know you'll term it as media hype again....
Kwantinu....in Patience voice....😁
Just try not to miss any rally that may show again...

https://www.thisdaylive.com/index.php/2024/10/02/oando-emerges-first-nigerian-ioc-valuation-hits-4-billion/#:~:text=With%20its%20operations%20outside%20the,International%20Oil%20Company%20(IOC)

You don't need all the emotions just tell your demigod CEO to come out clean with the books so people can believe he isn't doing yahoo oil and less I forget I don't care if your OANDO get to SEPLAT price they should just be clean instead of MH

ndept:
In the spirit of the country’s independence, permit me to say that I have stayed long here to know that some monikers are just great and anytime they mention a stock, I don’t need to look before I leap because they are people that have stood the test of time and proved themselves beyond reasonable doubt. for example, people like @currentprice, despite the fact that he said we should wait for Q3 of UACN, I have already picked over 400,000 units of it, so after the result, I pick more or decide otherwise.
.........
.........
In short, everyone here that time will not permit me to mention, you are all great. We shall all be multi-millionaires and billionaires in this NGX in Jesus name.

Quoted post trimmed for space purposes.
Thank you Oga Kolaish for the mention. I'm still learning the ropes from your likes, and have a long way to go to merit your mention. I have read many posts from you and other old wines between 2014 and now - a lot to guide a younger fellow like me.
Please don't answer this question if it endangers your security: Do you do real estate business in Ibadan, like developing? Your name is very familiar. I grew up in Oluyole estate extension and the 2008-2012 real estate boom in Elebu/Alaaka area on the Akala express axis made me know some developers from far off.
May your son succeed in his studies and make you proud. He belongs in my generation I guess. All the best sir!

When will GTB do the shares allotment from their recent public offer?
It is taking like forever
Any idea please

godlyguy:
You don't need all the emotions just tell your demigod CEO to come out clean with the books so people can believe he isn't doing yahoo oil and less I forget I don't care if your OANDO get to SEPLAT price they should just be clean instead of MH

Oga, you sure say you know the difference between emotions and facts?
You sure say you know the meaning of emotions at all? Lol.

You don't care if it gets to SEPLAT price?
If you jump in will you tell anybody? 😁
Self deceit is a crime against oneself......and possibly those who believes in you. 🤭

0neal:
When will GTB do the shares allotment from their recent public offer?
It is taking like forever
Any idea please

It's going to be a long wait my dear. That's the price

Please stop bothering yourself with GODLY GUY. No one here minds him and his disgruntled view anymore. Dont honor him with your reply ma

yMcy56:

Oga, you sure say you know the difference between emotions and facts?
You sure say you know the meaning of emotions at all? Lol.

You don't care if it gets to SEPLAT price?
If you jump in will you tell anybody? 😁
Self deceit is a crime against oneself......and possibly those who believes in you. 🤭

These banking stocks sha......
UBA that was supposed to close on full bid......profit takers won't allow it breathe!

Now someone was shouting "Yahoo Oil", if to say na "Yahoo Oil" declare this type of Dividend, one month you won't see it to buy due to full bids......

Well, we see how the movement goes before qualification date anyway......
Ordinarily, UBA is supposed to settle at 30 or above....
It is well. 😊

Testimonies777:
Please stop bothering yourself with GODLY GUY. No one here minds him and his disgruntled view anymore. Dont honor him with your reply ma

Lol.
The Oga na smart guy.
Mentioning OANDO everytime means he's closely watching and monitoring it......his newbies should not be deceived. 😁


Meanwhile, Oil prices rise as Iran launches attack on Israel...
It's well.
https://nairametrics.com/2024/10/02/oil-prices-rise-by-1-as-iran-launches-attack-on-isreal/

OandO. -6.78%
ETERNA. ±

More like sheep...

They should be wise

yMcy56:

Lol.
The Oga na smart guy.
Mentioning OANDO everytime means he's closely watching and monitoring it......his newbies should not be deceived. 😁

yMcy56:

Oga, you sure say you know the difference between emotions and facts?
You sure say you know the meaning of emotions at all? Lol.

You don't care if it gets to SEPLAT price?
If you jump in will you tell anybody? 😁
Self deceit is a crime against oneself......and possibly those who believes in you. 🤭

Our highly valuable Mcy, please ignore this people. It's an echo chamber for them, I can assure you. No one pays them (self multiplying Monikers) attention again.

yMcy56:

Oga, you sure say you know the difference between emotions and facts?
You sure say you know the meaning of emotions at all? Lol.

You don't care if it gets to SEPLAT price?
If you jump in will you tell anybody? 😁
Self deceit is a crime against oneself......and possibly those who believes in you. 🤭

I have gone pass revealing my investments to the public because I am not a publicly quoted company. Your oando is a public entity so we are all free to air our views no matter how attackers want to attack. Look at japaul, ellahlakes, transcorp plc etc none of their holders are as emotional as oando

yMcy56:
These banking stocks sha......
UBA that was supposed to close on full bid......profit takers won't allow it breathe!

Now someone was shouting "Yahoo Oil", if to say na "Yahoo Oil" declare this type of Dividend, one month you won't see it to buy due to full bids......

Well, we see how the movement goes before qualification date anyway......
Ordinarily, UBA is supposed to settle at 30 or above....
It is well. 😊

I think the H1 financial prints played a role here. Investors already know that after the markdown, the effects of the report will kick in. So some are already taking early flight

yMcy56:

Oga, you sure say you know the difference between emotions and facts?
You sure say you know the meaning of emotions at all? Lol.

You don't care if it gets to SEPLAT price?
If you jump in will you tell anybody? 😁
Self deceit is a crime against oneself......and possibly those who believes in you. 🤭

He is clearly too emotionally inebriated about the Oando missed opportunity to see other opportunities. Though not likely in the immediate/foreseeable future, any such a jump of Oando to catch up with Seplat pricing will make for earlyretirement for many. But of course, even if such a black-swan opportunity turns up he will be too busy crying over spilt milk and doubling down on failure and still miss out.
That person is clearly not out here to make money but to waste his and others time

https://doclib.ngxgroup.com/Financial_NewsDocs/42260_OANDO_PLC-OANDO_PRESS_RELEASE__CORPORATE_ACTIONS_OCTOBER_2024.pdf wale!

It is well.Everyone must be on the same page on a stock...cabal thing.The concern should be why the company no wan bring results. It first brought out media hipe of figures. Then announced yeye reason again for delay in releasing results of 2023 over event that happened in 2024.Bring out the results let us be the judge of those figures
I can't turn blind eye to truth because I am involved....never my style

naturalflow:
https://doclib.ngxgroup.com/Financial_NewsDocs/42260_OANDO_PLC-OANDO_PRESS_RELEASE__CORPORATE_ACTIONS_OCTOBER_2024.pdf wale papa yatch.

yMcy56:

Lol
See the valuation of your so called "Yahoo Oil"
I know you'll term it as media hype again....
Kwantinu....in Patience voice....😁
Just try not to miss any rally that may show again...

https://www.thisdaylive.com/index.php/2024/10/02/oando-emerges-first-nigerian-ioc-valuation-hits-4-billion/#:~:text=With%20its%20operations%20outside%20the,International%20Oil%20Company%20(IOC)

"It has a Certified Professional Reserves Report (CPR) from D&M, the second largest in the world, which has also been auditing ENI/NAOC, Chevron, Shell and other oil Majors for decades.

With the CPR indicating Gross Recoverable 2p reserves on original 20 per cent Certificate of Proficiency (CoP) stake and new NAOC 20 per cent stake Net Present Value (NPV), (10 per cent is $2 billion respectively), total value of the company has now hit $4 billion, that is, before deduction of acquisition debt of the newly acquired company plus legacy debt.

When appropriate discounts are applied, including working capital, Actual Net Asset Value (NAV) of company, less all long term debt, equity value is about $3 billion."


so Oando don dey release result without releasing result hmmm na wa ooo

Net equity value of $3b (after deducting all debt/ liabilities) hmmmmm which equals N4.8 trillion

meaning at 12b outstanding shares equity value is N400/share

God is watching all of us on 5D


Is this signalling?

robobo:



"It has a Certified Professional Reserves Report (CPR) from D&M, the second largest in the world, which has also been auditing ENI/NAOC, Chevron, Shell and other oil Majors for decades.

With the CPR indicating Gross Recoverable 2p reserves on original 20 per cent Certificate of Proficiency (CoP) stake and new NAOC 20 per cent stake Net Present Value (NPV), (10 per cent is $2 billion respectively), total value of the company has now hit $4 billion, that is, before deduction of acquisition debt of the newly acquired company plus legacy debt.

When appropriate discounts are applied, including working capital, Actual Net Asset Value (NAV) of company, less all long term debt, equity value is about $3 billion."


so Oando don dey release result without releasing result hmmm na wa ooo

Net equity value of $3b (after deducting all debt/ liabilities) hmmmmm which equals N4.8 trillion

meaning at 12b outstanding shares equity value is N400/share

God is watching all of us on 5D

The more you look the less you see stock in the present until they come out CLEAN. OANDO seems like "yahoo oil" in behavior

godlyguy:


The more you look the less you see stock in the present until they come out CLEAN. OANDO seems like "yahoo oil" in behavior

This Bros is very funny!

Oando is like Nigerian politicians!!

Zenith Bank,GTBank,Access Bank and UBA are like politicians in China!!!

If you're a newbie in equity investment and you have natural inclination for gambling;never you buy Oando to hold indefinitely,sell once you have doubled or tripled your initial stake.

Subsequently,move your winning and invest in shares of dividend paying banks like Zenith,Access,GTB,UBA and Fidelity.

Don't be carried away with the irrational exuberance of Oando shares!