Mpeace:
Donald Trump is bad for oil. Even my seplat go bleed because of his victory

designking:
Aradel seem to have found its foot. The market is gradually crawling back to ₦500.

Who no get liver can't make it big in this market on the short term. For short term wealth on the NGX, you must be willing to take big calculated risk.

designking:
Aradel seem to have found its foot. The market is gradually crawling back to ₦500.

Who no get liver can't make it big in this market on the short term. For short term wealth on the NGX, you must be willing to take big calculated risk.

yMcy56:

Oga, softly with this your figures you just pick from the cloud....😁
If it goes up, it's good, don't give false hope.....let's all be watching what those ogas are doing first.

Mpeace:
Donald Trump is bad for oil. Even my seplat go bleed because of his victory

designking:
Time to buy more Oando. The market is getting very juicy these days.

I pray it dips another 10% tomorrow for me to buy 30,000 more units of the share. Already bought 10,000 units this morning.

megawealth01:


Leave so he can learn maybe in a hard way?

megawealth01:


Leave so he can learn maybe in a hard way?

Mpeace:
Donald Trump is bad for oil. Even my seplat go bleed because of his victory

Mpeace:
Donald Trump is bad for oil. Even my seplat go bleed because of his victory

BullBearMkt:

I don't think that is correct. Donal Trump's policy favours oil and gas industry during his 1st tenure. His policies mainly focused on domestic production through significant deregulation. During this period oil price rose, though not significantly.

GeeKudi:


Try to dey put some legends on your charts. Merci

robobo:
hmmmmmm

this UBA packer get work to do oooooooooo

to maintain RI price hin go need to pack 70m units today only

i dey watch

mikeapollo:

I suggest you offer some advice/education to him in good conscience first, before you leave him to ''learn the hard way''.
We all need someone to lean on when we are learning or when we go wrong sometimes.

BullBearMkt:

I don't think that is correct. Donal Trump's policy favours oil and gas industry during his 1st tenure. His policies mainly focused on domestic production through significant deregulation. During this period oil price rose, though not significantly. The fall in oil price occurred when he was voted out of office.

designking:

There is nothing or good advise he can offer. I am buying Oando's dips because I believe it is a great company. Also buying Aradel because I think it is a good gamble to make.

I bought over 10,000 units of Aradel yesterday at ₦365 and hope to close it out at ₦450.

It is my money and a risk I am willing to make and this doesn't concern him in anyway.

Willie2015:


U need a good entry point...
Even if its a great coy ...

Xidget:
They will only come at 2.30pm and close it at #35 or #36. They won't need to buy that much

mikeapollo:


Can you shed some light on this? Any antecedents?

Sunrisepebble:
His focus on production is exactly why its bad for oil, the goal is cheaper domestic energy. Trump is more hawkish on sanctions for Iran which will help oil prices however

designking:

There is nothing or good advise he can offer. I am buying Oando's dips because I believe it is a great company. Also buying Aradel because I think it is a good gamble to make.

I bought over 10,000 units of Aradel yesterday at ₦365 and hope to close it out at ₦450.

It is my money and a risk I am willing to make and this doesn't concern him in anyway.

BullBearMkt:

I don't think that is correct. Donal Trump's policy favours oil and gas industry during his 1st tenure. His policies mainly focused on domestic production through significant deregulation. During this period oil price rose, though not significantly. The fall in oil price occurred when he was voted out of office.

BullBearMkt:

Very correct! This can lead to oversupply and drag down oil price. That is where OPEC comes in to regulate production.

Zagee:


Trump generally likes cheaper energy cost mostly for manufacturing. So he enjoys pumping more oil into causing over supply and lower oil cost. This helps maintain his proposed cheap energy for Anericans. But for a Nigerian context we don't produce enough, so coys are bound to have reduced revenues in the event they don't improve output.

For the government, I'd be tempted to see how T-Pain works with a $50 oil benchmark for the budget. Perhaps the tax collector will finally strangulate everyone with tax.😂.

designking:

And what is the good entry price? ₦40 for Oando?

Also you mean entering Aradel at ₦365 is a bad entry price?

robobo:


i dont think Opec would regulate any price in the event of more production from other players instead i see Opec opening the tap much more to force price further down till pain set in for everybody.

we might be in for trouble considering our current state and what further downward price of oil would mean for our finance

Piss done dey catch me self

Sunrisepebble:
I understand. I’ll probably pick some units on the floor hopefully below that price before the official news comes out

Willie2015:

Oando can still go lower ...
Aradel at N500 is ....not a wise decision...
U have notin to lose while waitin...