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Nairaland Forum / Nairaland / General / Investment / Nigerian Stock Exchange Market Pick Alerts (11449877 Views)
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Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 5:28pm On Jul 26, 2017 |
https://www.thecable.ng/efcc-recovers-n329bn-forte-oil-oando-total?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+ThecableTopStories+%28TheCable+»+Top+Stories%29 Oando again? |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 5:31pm On Jul 26, 2017 |
pluto09: Where are the results of REAL companies? We do not need the results of these listed schemes on NSE where the management hold ATM cards, while shareholders hold non maturing promissory notes... ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 5:32pm On Jul 26, 2017 |
Maykesha: 5 kobo was for Q1. There made a loss in Q2 - (766,398,000) Loss (Kobo) - (41) |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 5:35pm On Jul 26, 2017 |
Coolcash1: Can they publish the order of recovery. Nigeria my country ![]() Although we are also aware the Govt. is owing them billions in subsidy. But this recovery is huge. |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 5:38pm On Jul 26, 2017 |
stcool: Expect Oando to deny this soonest.. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 5:42pm On Jul 26, 2017 |
DeRuggedProf: This is not the type of news this companies need now. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Maykesha: 5:45pm On Jul 26, 2017 |
stcool: (41)k with a currentprice of N12.40 while Transcorp with EPS of 3.7k is trading at N1.55k 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 5:48pm On Jul 26, 2017 |
Maykesha: Na so NSE be. ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by Intendy: 5:50pm On Jul 26, 2017 |
Tritri:Oga You sabi pass this na.You dey whine the house? Yes for a medium to long term view like 4 months upward. |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 5:57pm On Jul 26, 2017 |
http://www.nse.com.ng/Financial_NewsDocs/18989_CONSOLIDATED_HALLMARK-Q2_JUNE_2017_FINANCIAL_STATEMENTS_JULY_2017.pdf Don't know why all this kobo kobo result are just rolling out today. Oscar can do better! |
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 6:07pm On Jul 26, 2017 |
stcool: I dont believe the story! efcc and propaganda ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by currentprice: 6:08pm On Jul 26, 2017 |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 6:11pm On Jul 26, 2017 |
pluto09: This Govt.? I never see. The bank TSA issue dey go voice mail. Accusations and denials as usual. |
Re: Nigerian Stock Exchange Market Pick Alerts by stcool(m): 6:13pm On Jul 26, 2017 |
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 6:39pm On Jul 26, 2017 |
Coolcash1: This is not an Oando-specific matter. The entire downstream marketing cabal is involved. Na them know wetin they and NNPC dey do. Otherwise why should NNPC be loading their trucks on credit? They're owing Govt billions for products lifted, I suppose from the refineries and NNPC jetties. Conversely, I assume Govt is still owing them billions in subsidies. So they will need to reconcile accounts. Anyway, let's wait for Oando's Press Release grammar. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by zendi: 6:53pm On Jul 26, 2017 |
pluto09: Don't worry, Oando grammar will soon finish them. |
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 7:21pm On Jul 26, 2017 |
zendi: Nothing to really worry about. I am not a shareholder in any of the listed companies. |
Re: Nigerian Stock Exchange Market Pick Alerts by DeRuggedProf: 7:29pm On Jul 26, 2017 |
pluto09: Even if you were, no worries, these calibre of 'sharkish' companies use bad news and poor earnings as their take off fuel. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by robobo: 7:38pm On Jul 26, 2017 |
BullBearMkt: Oga Bullbear against the background 0f your above contribution, may i ask what is the next minor and major resistance and support level for the NSE, UBA and Zenith @ Fxuser i wld also appreciate your contribution to same enquiries thank you 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:48pm On Jul 26, 2017 |
Intendy: Yes i know but base on there recent result i have to ask for opinion..thanks |
Re: Nigerian Stock Exchange Market Pick Alerts by Chibuking81(m): 8:16pm On Jul 26, 2017 |
Market seems to have positive future, but might turn bad any moment. Q2 result is due for release, and now seen to be the right time to buy, but I heard a strong voice that tells me to sell and pull out from the market for the moment despite the expectation of Q2. Of the truth, I have obeyed the voice, I am out of the market for now |
Re: Nigerian Stock Exchange Market Pick Alerts by bestidafa(m): 8:19pm On Jul 26, 2017 |
jamace: Boss, please where can I get these TA charts |
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 8:25pm On Jul 26, 2017 |
Chibuking81: Take five bro........ |
Re: Nigerian Stock Exchange Market Pick Alerts by yom2(m): 8:32pm On Jul 26, 2017 |
OakPearl:so whats all dis hysteria about? |
Re: Nigerian Stock Exchange Market Pick Alerts by pluto09(m): 8:42pm On Jul 26, 2017 |
DeRuggedProf: lol! |
Re: Nigerian Stock Exchange Market Pick Alerts by Investnow2017: 10:42pm On Jul 26, 2017 |
DeRuggedProf: ![]() ![]() ![]() ![]() |
Re: Nigerian Stock Exchange Market Pick Alerts by ihedioramma: 10:46pm On Jul 26, 2017 |
Oando Plc, has inaugurated its mid- stream Jetty in Apapa, Lagos bringing an end to the infrastructural constraints often associated with the discharge of petroleum products, especially within the Apapa corridor. The new jetty according to industry estimate will save the country over $120 million in demurrage annually and ease the plight of oil marketers’. The jetty recently berthed its first cargo following statutory checks; the MT FALCON NOSTROS, a 22,000MT cargo vessel with product discharge lasting for two days in line with design parameters, and validates the jetty project with regards to overall design, integrity of the jetty platform, pipelines, integrated systems and resulting operational efficiency. Speaking at the maiden berth, the Chief Executive Officer of OVH Energy, Oando’s Downstream licensee, Mrs. Olaposi Williams said, “This maiden vessel is further proof that the Jetty’s entire integrated product discharge and receipt systems can support requisite operational rigours. This remarkable milestone heralds the next phase of planned activities which include; completion of pipeline connection to various terminals in line with communicated connection plans, commercial contracting with MOMAN and other customers as well as an upgrade and development of Terminal 1 and the Marshalling Yard,”. The jetty has been identified as an immensely valuable initiative developed by Oando as it will allow 45,000DWT vessels to berth and discharge their products without lightering and demurrage. The subsea marina jetty will also contribute significantly to the company’s overall net profit as a result of tolling fees and substantial cost savings on imports and demurrage, while ensuring an increase in the utilization of existing storage space, and significant reduction in delays caused by infrastructure constraints in the Lagos area. With 70 percent of Nigeria’s domestic petroleum products demands being met through petroleum importation and about 2.5 trillion spent on the importation of refined petroleum products in 2016, according to data from the Nigerian Bureau of Statistics (NBS), making it the 7th largest petroleum importer in the world, the novel idea by Oando will provide a more efficient platform for product receipt to all marketers currently using the Major Oil Marketers Association of Nigeria (MOMAN) jetty. The facility, according to Oando has a half-kilometer subsea pipeline, and a 16” 3km onshore line is capable of delivering over 3 million tonnes a year. More Worrisome is the fact that the 127 jetties in Nigeria have proven insufficient to service the needs of the country, posing a major challenge for imported vessels trying to discharge at the port. The fuel jetties at the Apapa Wharf, are equally incapable of accommodating large volumes of fuel imports, with maximum vessel size restricted to between 18,000Metric Tonnes and 20,000 Metric Tonnes. Hence, every 30,000MT vessel that berths at the Apapa jetty must be lightered into a daughter vessel at an extra cost to the marketers of approximately $245,000 per lightering operation. Besides, every vessel that berths at the Apapa jetty has a waiting time of between 14 to 21 days, incurring a demurrage of between $280,000 to $420,000 per operation, a reason why major fuel importers now have a preference for discharging their products outside Nigerian waters, specifically at the ports in Cotonou, Benin, Niger Republic and Lome, Togo. |
Re: Nigerian Stock Exchange Market Pick Alerts by omosuji(m): 10:54pm On Jul 26, 2017 |
bestidafa:investing.com 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by lancee(m): 12:16am On Jul 27, 2017 |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:43am On Jul 27, 2017 |
robobo: Index https://invst.ly/4lj3c 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by fxuser: 12:51am On Jul 27, 2017 |
2 Likes |
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