dadem:
Yay!!!! Finally I can pass comment on this thread. I don wait tire. Haba!!!

Anyway, its great to be here...now let me quickly dolt out my own 'tubum tubum' analysis

My take on the Oando right issue is that it has a positive and a negative side to it (obviously).

On the positive side, the company can easily settle the debt it has inqured in acquiring the COP assets. The last time I checked, the debt stands at about $500m, so with $402m raised from the Rights and the divestment of the Power and Gas business, the debt can be significantly reduced.

The negative part of the Rights will be the massive OS. I think with the Rights, Oando's OS will be about 40billion. That will be the highest in the Oil and Gas sector and probably the highest on the bourse. So Oando shareholders shouldn't be expecting any N1 dividend any time soon. As long as crude oil price continues to trade downwards, and assuming Oando finally returns to profitability, my guess is that the highest dividend Oando will be able to give will be between 10-15kobo....However, If there's a major rebound in crude oil price, I think they will be able to afford giving a significant higher dividend...a company like FBNH has about 35billion OS yet gives over N1 dividend yearly....with crude price trading between 80-100, I'll want to think Oando can rake in considerable more profit that the Elephant. (A cynical mindset will think, fbnh care about their shareholders, Oando does not give a hoot- I concur. So potential investors, should be wary of that). Another downside of the Right issue is the possibility of a reconstruction later in future...one can't rule that out...but I don't see that happening soon. Maybe in two or three years when the company has start announcing profits and investor confidence has returned. Then they'll shock us all with a reconstruction announcement. . Then PeterRichy will come out with "the Octopus told you so" and Born2berich with the "JokeOfTheYear" has done it again

Anywayz, in myjoy's voice #It Is Well . Its nice to meet you guys, I hope I enjoy being here. #peace

You welcome bro

gbolah4real:


Yes some stocks are BULLishly conspiring....

bros what stocks and is access bank 1 of them?

dadem:
Yay!!!! Finally I can pass comment on this thread. I don wait tire. Haba!!!

Anyway, its great to be here...now let me quickly dolt out my own 'tubum tubum' analysis

My take on the Oando right issue is that it has a positive and a negative side to it (obviously).

On the positive side, the company can easily settle the debt it has inqured in acquiring the COP assets. The last time I checked, the debt stands at about $500m, so with $402m raised from the Rights and the[b] divestment of the Power and Gas business[/b], the debt can be significantly reduced.

The negative part of the Rights will be the massive OS. I think with the Rights, Oando's OS will be about 40billion. That will be the highest in the Oil and Gas sector and probably the highest on the bourse. So Oando shareholders shouldn't be expecting any N1 dividend any time soon. As long as crude oil price continues to trade downwards, and assuming Oando finally returns to profitability, my guess is that the highest dividend Oando will be able to give will be between 10-15kobo....However, If there's a major rebound in crude oil price, I think they will be able to afford giving a significant higher dividend...a company like FBNH has about 35billion OS yet gives over N1 dividend yearly....with crude price trading between 80-100, I'll want to think Oando can rake in considerable more profit that the Elephant. (A cynical mindset will think, fbnh care about their shareholders, Oando does not give a hoot- I concur. So potential investors, should be wary of that). Another downside of the Right issue is the possibility of a reconstruction later in future...one can't rule that out...but I don't see that happening soon. Maybe in two or three years when the company has start announcing profits and investor confidence has returned. Then they'll shock us all with a reconstruction announcement. . Then PeterRichy will come out with "the Octopus told you so" and Born2berich with the "JokeOfTheYear" has done it again

Anywayz, in myjoy's voice #It Is Well . Its nice to meet you guys, I hope I enjoy being here. #peace

Welcome.

IMHO, divestment of Gas and Power will potentially be Oando's greatest strategic mistake! Gas and Power is where the future of Nigeria is. What else will be left of Oando after that?

Oando is running around like a headless chicken. They acquire with the left hand and divest with the right. Soon Oando will tell us they are entering pure water business. Watch and see.

Anyway, In all of these there is still money to be made on Oando (if you know how to swim with the sharks). For some reason, the market loves to respond to this stock quickly. That means money in my pocket. It is hit and run mode all the way for me. No time for loyalty. Happy investing.

Bloomberg - Heavy Gunfire Heard in Paris Suburb of Saint-Denis, RTL Reports http://bloom.bg/1PNC6BV

Gunfire erupted in the Paris suburb of Saint-Denis from around 4:25am Wednesday morning during the course of an anti-terrorist operation not far from the Stade de France, RTL reported.

A large bang and exchanges of gunfire which lasted many minutes could be heard, the news service cited unidentified witnesses as saying.

http://mmc-news.com/news-how-soccer-player-and-8217;s-benching-paved-way-for-30-billion-idea-327589.dbv

A bench-warmer on one of Europe’s biggest soccer teams might be worth more than the American billionaire who owns the team — and he kept his fortune a secret from his friends, family and teammates for seven years.

Mathieu Flamini, a 31-year-old Frenchman who currently plays for Arsenal, secretly created a company that made a scientific breakthrough that could bring an end to the use of fossil fuels.

Flamini’s company, GF Biochemicals, announced Monday it had figured out how to mass-produce levulinic acid, an organic compound that can replace oil in all of its many forms.

In theory, GF Biochemicals’ discovery means an end to gasoline, biofuels and plastics as we know them. It also means Flamini’s company could be the first entrant in a brand new market worth upward of $30 billion.

Not bad for a guy who once jilted Arsenal for Italian giants AC Milan back in 2008.

At the time, Flamini was the engine of Arsenal’s midfield, but left the club after failing to negotiate a new contract.

http://www.cnbc.com/2015/11/16/oil-prices-edge-up-on-paris-attack-tensions-but-market-remains-oversupplied.html

Crude oil settled more than 2 percent lower on Tuesday, resuming its slide after a one-day pause, as oversupply concerns returned to suppress a market briefly lifted by geopolitical worries linked to the Paris attacks.

A Reuters poll of analysts forecast that U.S. crude stockpiles rose for an eight straight week last week, building by 1.6 million barrels to reach near-record highs above 490 million barrels seen in April.

Brent crude futures were down 81 cents at $43.75 a barrel by 2:23 p.m. EST. In August, Brent hit a low of $42.23, which marked a 6-1/2-year bottom.

U.S. crude futures were down $1.07 at $40.67 a barrel, after hitting a session low of $40.60. In August, U.S. crude had sunk to a March 2009 low of $37.75.

megainvest:


Welcome.

IMHO, divestment of Gas and Power will potentially be Oando's greatest strategic mistake! Gas and Power is where the future of Nigeria is. What else will be left of Oando after that?

Oando is running around like a headless chicken. They acquire with the left hand and divest with the right. Soon Oando will tell us they are entering pure water business. Watch and see.

Anyway, In all of these there is still money to be made on Oando (if you know how to swim with the sharks). For some reason, the market loves to respond to this stock quickly. That means money in my pocket. It is hit and run mode all the way for me. No time for loyalty. Happy investing.

I agree with you. The future of crude oil looks bleak indeed. However, I'll want to think Oando's strategic repositioning is to focus its object on upstream crude production. I don't think Oando will turn to a shell corporation, neither will they sell pure water, lol; they're obviously fighting to survive. In the interim, I think they're making a good call. Tt is vital that the company settles its debt and return to profitability. Once they start making profits, other things should fall in place.- you basically have to use what you have to get what you want.

Today is gonna be a good day to JI


Warming up..

PETERiCHY:
http://mmc-news.com/news-how-soccer-player-and-8217;s-benching-paved-way-for-30-billion-idea-327589.dbv

A bench-warmer on one of Europe’s biggest soccer teams might be worth more than the American billionaire who owns the team — and he kept his fortune a secret from his friends, family and teammates for seven years.

Mathieu Flamini, a 31-year-old Frenchman who currently plays for Arsenal, secretly created a company that made a scientific breakthrough that could bring an end to the use of fossil fuels.

Flamini’s company, GF Biochemicals, announced Monday it had figured out how to mass-produce levulinic acid, an organic compound that can replace oil in all of its many forms.

In theory, GF Biochemicals’ discovery means an end to gasoline, biofuels and plastics as we know them. It also means Flamini’s company could be the first entrant in a brand new market worth upward of $30 billion.

Not bad for a guy who once jilted Arsenal for Italian giants AC Milan back in 2008.

At the time, Flamini was the engine of Arsenal’s midfield, but left the club after failing to negotiate a new contract.

Flamini and his company should join the queue. We've been hearing news like this since the eighties. Lol

If the finding is truly significant though, I wish him good luck to in displacing some of the world's most powerful countries and corporations off their means of livelihood.

Bloomberg - Three Killed as Police Raid Paris Flat Tracking Terror Suspects http://bloom.bg/1X6yyvb

Three people were killed as French police raided an address in the the northern suburb of Saint-Denis linked to last week’s terror attacks in Paris, a government official said.

The operation that began about 4:25 a.m. near the cathedral where French kings were entombed cornered an armed group that includes Abdelhamid Abaaoud, the suspected mastermind, AFP said. The dead include a woman who blew herself up, the official said.

No police were killed.
Five people were barricaded in the apartment and people living in the area were told to stay indoors and turn off their lights, according to France Info radio.

Helicopters circled the area and sporadic shots were being heard, Saint-Denis Mayor Didier Paillard said on France Info.

All transport in the area has been halted, he said. Schools in Saint-Denis will be closed today, AFP said.
The attacks on Friday at seven sites in the Paris area killed 129 people and injured more than 300. French police have conducted a dragnet across the country since then, carrying out hundreds of raids and searches.
Arrests have been made in Belgium and Germany in recent days as the hunt for attackers and their possible accomplices crossed Europe’s borders. While French officials blame Islamic State for the Paris strikes, Prime Minister Manuel Valls said Tuesday authorities still didn’t have the full picture, including the total number of individuals involved.

The country has stepped up bombing of Islamic State targets since Friday, destroying a command center and a training site at the terror group’s stronghold in Raqqa, Syria.

All road leads to banking stocks today... with the likes of Uba, Access, FBHN, Gtb, & Zenith.

21k units won't be bad.


Steady is the race.


The person above me, no cause wahala today. All this stocks you're listing. There's .......

[quote author=Youngzedd post=40144206]21k units won't be bad.


Steady is the race.


The person above me, no cause wahala today. All this stocks you're listing. There's .......
Their is no need to panic, some will buy in while some will continue to do panic selling, it's a thing of choice.

ogoo4real:
All road leads to banking stocks today... with the likes of Uba, Access, FBHN, Gtb, & Zenith.

Can BNSITL help us move FBHN to N10? Na Turkey for Xmas I go use the gains buy

ogoo4real:
All road leads to banking stocks today... with the likes of Uba, Access, FBHN, Gtb, & Zenith.

You don't want to touch the SKYE?

jamace:
You don't want to touch the SKYE?

Skye bank na error

9free:

Can BNSITL help us move FBHN to N10? Na Turkey for Xmas I go use the gains buy

9free:

Can BNSITL help us move FBHN to N10? Na Turkey for Xmas I go use the gains buy

Not this week.


I still haven't enter the train. No movement

What's wrong with Morgan I trade. Its not opening today.
I made some successful jijo runs yesterday ( after a very long time of being away from jijo land ) and needed to repeat feat today.

Morgan don fall my hand.

megainvest:


Welcome.

IMHO, divestment of Gas and Power will potentially be Oando's greatest strategic mistake! Gas and Power is where the future of Nigeria is. What else will be left of Oando after that?

Oando is running around like a headless chicken. They acquire with the left hand and divest with the right. Soon Oando will tell us they are entering pure water business. Watch and see.

Anyway, In all of these there is still money to be made on Oando (if you know how to swim with the sharks). For some reason, the market loves to respond to this stock quickly. That means money in my pocket. It is hit and run mode all the way for me. No time for loyalty. Happy investing.

you get am . you are wellcome but what was your old name here ? .

dadem:


I agree with you. The future of crude oil looks bleak indeed. However, I'll want to think Oando's strategic repositioning is to focus its object on upstream crude production. I don't think Oando will turn to a shell corporation, neither will they sell pure water, lol; they're obviously fighting to survive. In the interim, I think they're making a good call. Tt is vital that the company settles its debt and return to profitability. Once they start making profits, other things should fall in place.- you basically have to use what you have to get what you want.

Truth .

ogoo4real:
All road leads to banking stocks today... with the likes of Uba, Access, FBHN, Gtb, & Zenith.

what of fcmb and skye bank?

9free:

Can BNSITL help us move FBHN to N10? Na Turkey for Xmas I go use the gains buy

Yes, we are trying our best over here but born 2be rich and sister mercy just keep on jijo, joji .

ogoo4real:

Skye bank na error

mercylicious:
What's wrong with Morgan I trade. Its not opening today.
I made some successful jijo runs yesterday ( after a very long time of being away from jijo land ) and needed to repeat feat today.

Morgan don fall my hand.

Morgan is working for my side.

FBNH na there master

I want to see fbnh touch 5 naira today.


Currently 5.04

Youngzedd:
I want to see fbnh touch 5 naira today.


Currently 5.04

The elephant is getting their very soon, currently 5.03

ogoo4real:

The elephant is getting their very soon, currently 5.03

They no wan sell

Youngzedd:
I want to see fbnh touch 5 naira today.


Currently 5.04

It is 4.99 now!

passwelle:

Very well said Sir. But watch this space, I am very optimistic. Things will change in our land in that regards. With a revitalized EFCC, ICPC, FIRS, and BVN in place in the financial services sector (with Banks flagging cash deposits and withdrawals). Things will no longer be business as usual

Apologies for sharing this here, but it reiterates my prior assertion. Its worth reading by all.
http://blogs.premiumtimesng.com/?p=169693

FBNH


I don JI......