megawealth01:


UCEE

Raider76:


Yes. ICEE

yMcy56:
ELLAHLAKES trying to reverse up as well....
Is it behaving like twin bros of Caverton? Lol.

Osita,at least I made positive post about Ellah now, na wetin I observe for market....

Some Banks trying to add small flesh small today......GT, WEMA, Sterling, Fidelity

ositadima1:


What's happening with Oando? Any positive developments? I need to replace my laptop. My budget has decreased from affording an HP to a low-midrange Lenovo. Is there a chance I will buy an Alienware? I have some great games I want to play.

On a serious note, there are some people who bought all their high-end appliances and furniture from the market, including refrigerator, air conditioner, TV, bed, washing machine, oven, etc. I hope you're not among those who paid for this guy's comfort.

Sunrisepebble:
Oil and Gas companies share price performance since BAT assumed office
Upstream
Seplat: +276%
Aradel: +4868%
Oando: +1,193

Downstream
Conoil: +218%
Total: +147%
Eterna: +328%
MRS: +225%

megawealth01:

Sunrisepebble:
Old news but just been made official. Our Oil and Gas company has been granted approval for listing. Press release tomorrow

ositadima1:


Based on the link posted by Mcy56 (she leaked the forward documents not me incase you are prosecutor ), does this make sense? Am I missing something?

zendi:

Indeed, in the first expedition, I JI-d at km18 and JO-d at km89.

When I took the loot to the bank, they did not invite the EFCC to verify that I made the loot from an HONEST Cowboy.

ositadima1:


Based on the link posted by Mcy56 (she leaked the forward documents not me incase you are prosecutor ), does this make sense? Am I missing something?

zendi:

CORRECTION : Sorry, I jumped out at km79, not 89. I had been searching for my execution alert since I made the post.

Tpharell:

You’re welcome!

A big threat to Seplat’s expected “bull rage’ after the acquisition is sealed is the 100,000 shares deal rule.
Recall, Oando was a near ‘penny’ stock when it started it’s post acquisition rage. With Seplat there is too much inertia to jump because of that rule. Most times its on full bid for days or weeks waiting for what someone here called ‘divine intervention’.

Sunrisepebble:
Old news but just been made official. Our Oil and Gas company has been granted approval for listing. Press release tomorrow

Streetinvestor2:
On a serious note @ osita.That profit you posted from that revenue can not be right. Which kind baboon dey work monkey dey chop financial statement.And the 15 is not even right for cost.For naija it 45 and above.

ositadima1:


You may be right, that is why I also included an overhead cost of about 15%. I believe if I factor in that overhead, it will add another $15 per barrel, bringing the total to $30 per barrel. Keep in mind that there are still other costs in the spreadsheet that will likely push it beyond your estimated $45. Regarding the Nigerian share, I believe Nigeria takes about 60% of all production, and when you add taxes, 75% seems reasonable. The point is, if Oando are truly producing 100,000 barrels per day, Oando should be generating a very large profit after tax.

Raider76:


Chai! Bros you must be loaded, forgetting the price you sold in one of the biggest trade gains you probably ever made.

zendi:

I thank God for His mercies.

What I forgot was the exit price, not the total proceed, which was sizable according to my modest entry fund.
I'm not exactly a stranger to Oando JIJO.

Infact I tease myself that I'm more of a newstrader than a stocktrader, and Oando is the top generator of tradable news on the NGX since the days of ConocoPhilips Acquisition.

And watch out, we're yet to hear the last of Oando acquisitions and expansions, results or no results, as long as financial institutions are funding them.

So, Gambling?
It's never written on the "loot" .

zendi:

I thank God for His mercies.

What I forgot was the exit price, not the total proceed, which was sizable according to my modest entry fund.
I'm not exactly a stranger to Oando JIJO.

Infact I tease myself that I'm more of a newstrader than a stocktrader, and Oando is the top generator of tradable news on the NGX since the days of ConocoPhilips Acquisition.

And watch out, we're yet to hear the last of Oando acquisitions and expansions, results or no results, as long as financial institutions are funding them.

So, Gambling?
It's never written on the "loot" .

Raider76:


And Uncle at the top.😀