Born2berich:
@Myjoy08, why you come vex delete your profile? Abi you don't know how pa Emma dey look for trouble? Take it easy bro no one is perfect.

is myjoy = nobody

The ppl DT sold two days ago will thank God for his great deliverance.

Chai, this stock was on bid 3 or 4 days ago.

Sir, why not start at page 1 to quote me? SMH

@myjoy I have nothing against you and please do not deactivate your account. I only want to advise you that care must be taken when advising people on stocks to buy. Do not sound like an insider who is giving expo, but analyse stocks based on available facts and figures. Whenever you change your opinion about a stock you recommended, it is good to notify your followers about your current opinion about such a stock. These are very good for your reputation on this thread.

Agbalowomeri:

You follow myjoy u go enter bush na!

That is not fair.

stockbull:
is myjoy = nobody

Yes

manie:
@myjoy I have nothing against you and please do not deactivate your account. I only want to advise you that care must be taken when advising people on stocks to buy. Do not sound like an insider who is giving expo, but analyse stocks based on available facts and figures. Whenever you change your opinion about a stock you recommended, it is good to notify your followers about your current opinion about such a stock. These are very good for your reputation on this thread.

Too late, his account is deactivated.

angelo82:


There are better things to do with idle funds but not catching a falling knife.......................

History always have a way of repeating itself.

Before in your widest imagination will you believe that FO will go back to N300 from N9 after many years in the wilderness ?

Likewise TRANSCORP went back to N7 it IPO price from 50kobo also after 5yrs. Of which I benefited from it having bought mine @53kobo.


Well i only pity those invested there short term fund,

As for me and my household we are waiting for OANDO @N6 after NAIRA DEVALUATION.

*ThE OcToPuS *

chukyjones:
why am i always unlucky?

O and O.. chai

Do you still feel unlucky right now?

lancee:


I have OANDO , have made up my mind to leave it till future i can't sell now .But hey thats part of the game ..my prayer be say make dem no declare bankruptcy in the future

Time for you to check the type of trader or investor that you are.................I have burnt my fingers before the advent of online trading portals but since I started trading by myself there is no excuse for me to loose again................At least not in the manner of the crisis time...............My advice every trader needs reformation at every point in time................Especially that UBN that restructured their stock by 87.5% decrease...........Now for me is pay back time and no dulling at all....................

mercylicious:
The ppl DT sold two days ago will thank God for his great deliverance.

Chai, this stock was on bid 3 or 4 days ago.

That's the illegality in S& D and P& D....They did the dumping well as some bought yesterday and today thinking they are getting a bargain

Born2berich:
Too late, his account is deactivated.

That is too bad if he deactivated his account, the worst that can happen if for him not to frequent the tread again or keep quite like someone suggested.

manie:
That is not fair.

know how you take to people any were you are. dont talk like a fool . it is the way some nigerians are talking that keep nigeria were it is today . becareful,focus, and dont reply this post . do your home work(proverb) one love .

Born2berich:
@Myjoy08, why you come vex delete your profile? Abi you don't know how pa Emma dey look for trouble? Take it easy bro no one is perfect.

I do not think, I caused the deactivation of his account. But if he is offended by some of my posts, I am very sorry. We need myjoy on this thread, but we should be careful of his optimism about certain stocks.

Any information on the press conference/meeting held by Oando with NSE guys today? Some of us are stuck with OandO. Hoping their 3rd quarter is better. Was also hoping the part sale of their downstream business would help offset some of the debt.

Just a little over a year ago, Dexter, myself and a few others were almost crucified for speaking out against the "optimism" of a certain Nobody as regards Oando. Aside of the corporate governance issues with the company, as a geologist, it was glaring then that Oando should have renegotiated the ConocoPhillips deal as their purchase price was too high. I exited on the 1st of Sept 2014, and faced the wrath of folks here who were hoping to see Oando at #100 within 6months. Dexter couldnt take the insults and crude remarks from the Oando faithful, he actually stopped posting here. And thus many missed his FO call in June of this year. The price of Crude oil will be bearish for some time to come. If in doubt, google the term "iran oil exports".

beejay1:
Any information on the press conference/meeting held by Oando with NSE guys today? Some of us are stuck with OandO. Hoping their 3rd quarter is better. Was also hoping the part sale of their downstream business would help offset some of the debt.

you talk like myjoy08 but i know is you wellcome.

angelo82:


Time for you to check the type of trader or investor that you are.................I have burnt my fingers before the advent of online trading portals but since I started trading by myself there is no excuse for me to loose again................At least not in the manner of the crisis time...............My advice every trader needs reformation at every point in time................Especially that UBN that restructured their stock by 87.5% decrease...........Now for me is pay back time and no dulling at all....................

You have a point

ihedioramma:
you talk like myjoy08 but i know is you wellcome.

Born2berich:
Bros how far? You come dey silent today.

Wetin you want make I talk nah. Uncle Wale do me strong thing.

passwelle:
Just a little over a year ago, Dexter, myself and a few others were almost crucified for speaking out against the "optimism" of a certain Nobody as regards Oando. Aside of the corporate governance issues with the company, as a geologist, it was glaring then that Oando should have renegotiated the ConocoPhillips deal as their purchase price was too high. I exited on the 1st of Sept 2014, and faced the wrath of folks here who were hoping to see Oando at #100 within 6months. Dexter couldnt take the insults and crude remarks from the Oando faithful, he actually stopped posting here. And thus many missed his FO call in June of this year. The price of Crude oil will be bearish for some time to come. If in doubt, google the term "iran oil exports".

I also experienced what you guys suffered, I guess investors are now wise. I hope to join the train, if it touches N4 and below.

well Oando has been on buyers beware since oil price declined. I bought at 28 sold at 16. The stock was cut up in COP deal. COP saw it coming and avoided the trouble. Uncle Wale go carry am. As soon as trouble bust the stock started down ward trend. Why buying a falling knife. somebody said there is no cheapness for stock price it may even go to bankruptcy ( not praying for that). Kindly beware of the bank that finance the COP deal too. Don't put your hard earn money there. It pained but I thank God, by cutting my loses I have recovered with PZ stock the time it droped to 17 .

sellydion:
well Oando has been on buyers beware since oil price declined. I bought at 28 sold at 16. The stock was cut up in COP deal. COP saw it coming and avoided the trouble. Uncle Wale go carry am. As soon as trouble bust the stock started down ward trend. Why buying a falling knife. somebody said there is no cheapness for stock price it may even go to bankruptcy ( not praying for that). Kindly beware of the bank that finance the COP deal too. Don't put your hard earn money there. It pained but I thank God, by cutting my loses I have recovered with PZ stock the time it went to 17 .

long time? how many times will i said it ? forget about oando for now if you cant follow many will cry letter . just look how it change yesday and today nest week will be another . how children now? one love .

UkwuAmu:

Greetings BNSITL , sorry for the long absence and my absence will continue. Run like you are going to die from Oando. I do not hate the company but only sentiments will not allow people to think clearly. The losses they will post will be monumental . you have been warned . I no know book

I posted this on the 9th of september. I have had running battles with some people here over oando. I have tried very much to caution myjoy about his ever optimistic advise and supposed inside connection and always put caveat when advising people to purchase stock. myjoy is not the one who get annoyed easily whatever you say to him. myjoy was heavily invested in oando and has been buying from when it was 28 and has been averaging down. That he has deactivated is a very dangerous trend . please somebody check on him and make sure he is okay .
They actually beat my expectation . The projected loss was 500 million dollars but they topped it .
oando has basically lost half of the money it paid for conocco phillip in less than a year . some people have started postulating nonsense that they want to crash the price . how many shares can they buy? why were they busy doing several private placements ? Oando board is made up of lawyers, very smart ones but it will go bankrupt eventually . paswelle, dex, elai and so many others warned . I am not here to tell you "i told you so" or rub salt on your wounds but to advise that we exercise caution.
I pray we all learn from this and stop relying on supposed "insiders" moves to make investment decision
please try and register on nigeriaretailinvestors.com . we are packaging a loaded website together and will attract the best analysts who can give valuable advise on how to invest in inclement times like these .
people who have insider dealing don't brag about it . its a big lesson for all

manie:
I also experienced what you guys suffered, I guess investors are now wise. I hope to join the train, if it touches N4 and below.

Even if OANDO sell for 50kobo before devaluation GOD knows I won't touch it.

sellydion:
well Oando has been on buyers beware since oil price declined. I bought at 28 sold at 16. The stock was cut up in COP deal. COP saw it coming and avoided the trouble. Uncle Wale go carry am. As soon as trouble bust the stock started down ward trend. Why buying a falling knife. somebody said there is no cheapness for stock price it may even go to bankruptcy ( not praying for that).[b] Kindly beware of the bank that finance the COP deal too. [/b]Don't put your hard earn money there. It pained but I thank God, by cutting my loses I have recovered with PZ stock the time it droped to 17 .

where are the banks that funded that COP transaction self..

FCMB, FBN, SKYE .......omo the hair cuts for some banks go pass Grace jones own by year end

Oando actually has 2 billion dollars loss . They have cooked that result as much as they could . If you buy at 5 Naira you will sell at 2 Naira . Concentrate on other equities

angelo82:


Time for you to check the type of trader or investor that you are.................I have burnt my fingers before the advent of online trading portals but since I started trading by myself there is no excuse for me to loose again................At least not in the manner of the crisis time...............My advice every trader needs reformation at every point in time................Especially that UBN that restructured their stock by 87.5% decrease...........Now for me is pay back time and no dulling at all....................

Please I will like to know when UBN decrese its share by 87%

UkwuAmu:
Oando actually has 2 billion dollars loss . They have cooked that result as much as they could . If you buy at 5 Naira you will sell at 2 Naira . Concentrate on other equities

you people are coming out one by one but never say die . it is this news that will take oando were many people here cant buy up to 2000 units .

ihedioramma:
you people are coming out one by one but never say die . it is this news that will take oando were many people here can't buy up to 2000 units .

Good luck dude and please make sure you pray over it . I really hope you are joking . its comments like yours that drive people away from here

feelamong:

where are the banks that funded that COP transaction self..
FCMB, FBN, SKYE .......omo the hair cuts for some banks go pass Grace jones own by year end

The funds were provided by First Bank of Nigeria, Diamond Bank, FCMB, Ecobank, Zenith Bank, UBA, Vitol, and Enterprise Bank. Other financial parties to the transaction include FBN Trustees as Security Agent; First Bank of Nigeria as Hedge Provider; and FCMB Capital Markets also as Joint Mandated Lead Arranger,”

please guys who is watching access bank
planing to buy
[size=16pt]but still at crossroad about naira devaluation.[/size]

Anybody that thinks falling oil prices is the reason for Oando loss is deceiving herself. Oando loss was simply as a result of financial recklessness and mismanagement by crooked management.