NewStats: 3,261,362 , 8,173,787 topics. Date: Thursday, 29 May 2025 at 12:52 AM 6w2a68

Guys. You might wish to take a position in neimeth pharmaceuticals bus before it's too late. The bus has just started moving yesterday. Christmas is knocking on the door 😁

epele o Mr education. As if you have never asked such question before in your life. No thanks to your response.

GeeKudi:
This is not the right question and we have been seeing questions like this quite often now.

The first thing you need to do is to acquire education. You need to learn the business and be your own boss.
The short cut you are seeking for can only lead to regret.

Ginalex:
Funny thing is, I have 2 s especially on this Japaulgold matter. One strictly for trading, the other is for investing... Make I benefit from both sides... December wedding no cheap ... E no go bad make I cash out small

I thought it's November
For JP, I don't really want to talk much on it, but keep the one you have for investment and look away from any ups and downs for now.

Like I observed, an entity or person(s) is trying to keep the price down for now, for whatever reason(s) best known to them, and they're still Cross dealing it.

I would kindly like to find out why Nigeria Breweries Shares price is low.

I understand that if IB, I studied their financials and also saw their shares outstanding in comparison to free float, and it’s pure rubbish.

But NB is shocking

Then, you were paying financial experts to make decisions on your behalf.

He stated in his post that he is a novice. What should be your honest advise to him?

Just recently, pages of this thread were occupied by individuals fighting others here for leading them wrongly. How would you guide him to avoid this?

Toluway:

He was simply asking which stock he could buy. You may kindly oblige him or leave the question for another to answer.
Recall that many of us started investing when we used to submit our funds to brokers.
So there is nothing wrong with what he asked for.

I am not fighing you, bro. You would be alright.

Makanjuola89:
epele o Mr education. As if you have never asked such question before in your life. No thanks to your response.

yMcy56:

I thought it's November
For JP, I don't really want to talk much on it, but keep the one you have for investment and look away from any ups and downs for now.

Like I observed, an entity or person(s) is trying to keep the price down for now, for whatever reason(s) best known to them, and they're still Cross dealing it.

November was introduction. December is trad

Seplat quartetly allowance dividend just landed.
Hope we are also entitled to receivables from ExxonMobil deal like oando guys. Lol.
Disclaimer: Money no dey belefull me

If you wan cash out for Japaul
Cash out at that full bid price 2.60.
If you cash out below na fuk up.
Something wey go return back to full bid today after shaking people off.

Ginalex:
November was introduction. December is trad

Oh, wow!
You're a big girl to have split these ceremonies o......or maybe na your Oga be big boy sha. 😁
People generally merge everything together into one weekend or one day self.
May the Almighty make it an all round success IJN.

Mpeace:
Seplat quartetly allowance dividend just landed.
Hope we are also entitled to receivables from ExxonMobil deal like oando guys. Lol.
Disclaimer: Money no dey belefull me

😁😁

yMcy56:

Oh, wow!
You're a big girl to have split these ceremonies o......or maybe na your Oga be big boy sha. 😁
People generally merge everything together into one weekend or one day self.
May the Almighty make it an all round success IJN.

Something wey mens dey do at once these days

Sha, na choice and pocket.

HML Nne

yMcy56:

I thought it's November
For JP, I don't really want to talk much on it, but keep the one you have for investment and look away from any ups and downs for now.

Like I observed, an entity or person(s) is trying to keep the price down for now, for whatever reason(s) best known to them, and they're still Cross dealing it.

From the little information I am getting,
Japaul might go for mandatory takeover hence the accumulations.When the free float is less than 20%,there aim will be achieved.
I will advice any Japaul holder to wait for the battle of delisting or mandatory takeover.

With this little information subject to verification,I am also suspecting same thing might take place in chams.Be prepared for cashing out big or them go private

yMcy56:

Seems you forgot these guys are at the helms of affairs of NNPCL for now...
We see how it all plays out

It is impossicant. It won't happen. NNPC will never cede shares to Oando or settle debt owed (if any) to Oando in shares.

Also, NNPC can not be classified as a related entity so NNPC is out of the equation in my opinion.

The pool of likely related entities is quite a large one. It's too much work to list them here but if you comb through the annual report you will see the possible culprits there. Debt owed is about N215B.

Disclaimer - I have been wrong many times before but this is my own understanding. Please note that the flag I'm raising here is white, not red nor green. Money can still be made and lost. It is the market afterall.

Any news about Aradel interim dividend ? At least make we manage that for the huge loses suffered

Omooloriredade:


It is impossicant. It won't happen. NNPC will never cede shares to Oando or settle debt owed (if any) to Oando in shares.

Also, NNPC can not be classified as a related entity so NNPC is out of the equation in my opinion.

The pool of likely related entities is quite a large one. It's too much work to list them here but if you comb through the annual report you will see the possible culprits there. Debt owed is about N215B.

Disclaimer - I have been wrong many times before but this is my own understanding.

As this news no move price, Wale suppose reason another news soon?

yMcy56:

Oh, wow!
You're a big girl to have split these ceremonies o......or maybe na your Oga be big boy sha. 😁
People generally merge everything together into one weekend or one day self.
May the Almighty make it an all round success IJN.

My ogaaaaaa you dey wine me abi

They have huge losses because of the FX crisis. Once the right issue is reflected on the balance sheet and if FX remains stable around this level by FY 25 I believe they will start coming out of the mess
Note: I own the stock for that reason but DYOR

bastardson:
I would kindly like to find out why Nigeria Breweries Shares price is low.

I understand that if IB, I studied their financials and also saw their shares outstanding in comparison to free float, and it’s pure rubbish.

But NB is shocking

Mpeace:
Seplat quartetly allowance dividend just landed.
Hope we are also entitled to receivables from ExxonMobil deal like oando guys. Lol.
Disclaimer: Money no dey belefull me

Even though cash out has taken place in all Loco stocks,stay calm.dont panic sell any.
Japaul hold
Neimeth hold
Prestige hold
Chams Buy

You are a winner

Toluway:

He was simply asking which stock he could buy. You may kindly oblige him or leave the question for another to answer.
Recall that many of us started investing when we used to submit our funds to brokers.
So there is nothing wrong with what he asked for.

💯

Ginalex:
JAPAULGOLD and jijoist are like 5 & 6

Really? In all you do pls avoid doing JiJo with japaul.

It's only you I'm giving this advice to because you don't blame anyone for the outcome of your investments as an ADULT

Locotrader:
If you wan cash out for Japaul
Cash out at that full bid price 2.60.
If you cash out below na fuk up.
Something wey go return back to full bid today after shaking people off.

jonnysessy:
Any news about Aradel interim dividend ? At least make we manage that for the huge loses suffered

Today should be your payment date. Who be una registrars? Some registrars are more consisent and prompt than others.

megawealth01:


As this news no move price, Wale suppose reason another news soon?

Q3 is coming up. Hopefully we see the NAOC acquisition effect in full force. I believe this is the market expectation. Deal completed within the quarter, so it should be included.

I'm not sure why a lot here were waiting so eagerly for the audited 2023 results. Were they expecting a marked improvement from the unaudited one?

The good thing is that audited 2023, Q1 and Q2 have been released and they were .......erm! The market sent the price from N90 to N60.
N55 to N60 seems to be a floor until the next FA event (the release of Q3 result). IF the NAOC acquisition reflects positively, I am (as do many here) inclined to think the SP will go on a run. Ah! I don't know o.

Locotrader:
Even though cash out has taken place in all Loco stocks,stay calm.dont panic sell any.
Japaul hold
Neimeth hold
Prestige hold
Chams Buy

You are a winner

NGX Loco index

Locotrader:
Even though cash out has taken place in all Loco stocks,stay calm.dont panic sell any.
Japaul hold
Neimeth hold
Prestige hold
Chams Buy

You are a winner

Dealing in penny stocks is a high adrenaline game.

Honestly I see both sides of this coin. We are all here to make money, so no harm in pointing out certain stocks and answering his question directly. However, although it might seem harsh at first glance, in pointing him to education, that person will be much better off in the long run as a human being and an investor. If you really want to make money, education will take you much farther because you will learn how to discern and spot opportunities. And when you reach that point where you know what you're doing, you will get it right most of the time.

Toluway:

He was simply asking which stock he could buy. You may kindly oblige him or leave the question for another to answer.
Recall that many of us started investing when we used to submit our funds to brokers.
So there is nothing wrong with what he asked for.

Omooloriredade:


Q3 is coming up. Hopefully we see the NAOC acquisition effect in full force. I believe this is the market expectation. Deal completed within the quarter, so it should be included.

I'm not sure why a lot here were waiting so eagerly for the audited 2023 results. Were they expecting a marked improvement from the unaudited one?

The good thing is that audited 2023, Q1 and Q2 have been released and they were .......erm! The market sent the price from N90 to N60.
N55 to N60 seems to be a floor until the next FA event (the release of Q3 result). IF the NAOC acquisition reflects positively, I am (as do many here) inclined to think the SP will go on a run. Ah! I don't know o.

...your pro-statement followed immediately by safe guarding-statement need to be studied

Oando Plc: Resolutions for a New Era – Key Approvals at the AGM 2023 and What Shareholders Can Expect

As Oando Plc prepares for its Annual General Meeting (AGM) 2023 for final approval of its audited financial statements, shareholders are eager to learn about the company's resolutions aimed at reshaping its future and positioning it for sustainable growth and profitability. This AGM promises to be one of the most pivotal in the company’s history, as it set to address critical financial restructuring initiatives and other strategies designed to resolve the challenges that have plagued Oando’s financial performance in recent years.

The Board of Directors of Oando Plc has been working diligently to formulate a comprehensive strategy that will put the company back on track, enhancing shareholder value while also ensuring the company’s long-term viability. Below, we highlight some of the key resolutions that will be presented to shareholders, focusing on the financial restructuring efforts, the potential conversion of debts into equity, and the positive outlook for Oando’s bottom to topline.

Resolution 3: Financial Restructuring – A Bold Move to Reposition Oando Plc

One of the most significant resolutions at the AGM 2023 will focus on the company’s financial restructuring. The Board intends to take decisive steps to address the company’s existing liabilities, which have been a major factor affecting its financial health and market performance. The restructuring aims to streamline Oando’s balance sheet and enhance its liquidity, positioning the company for growth and profitability in the coming years.

A key part of this financial restructuring involves converting certain receivables on Oando’s balance sheet into equity. This means that some of the outstanding debts owed to Oando will be transformed into ownership stakes in the company. For investors, this presents an interesting opportunity to evaluate the companies that currently owe Oando money. If these companies are reputable and financially stable, their conversion into equity can result in a valuable and profitable addition to Oando’s asset base.

Following the conversion of debts into equity, Oando plans to distribute a portion of these newly acquired shares to existing shareholders. This strategy is designed to reward current investors and ensure that they share in the potential upside of the company’s restructuring efforts. By receiving equity in some of the companies with strong prospects, Oando’s shareholders are expected to see an enhancement in their portfolios, as the value of these investments appreciates over time.

What This Means for Shareholders and Oando’s Financial Prospects

The financial restructuring, and particularly the conversion of debts into equity, is a move that reflects Oando’s determination to optimise its asset base and unlock value for its shareholders. By addressing the company’s liabilities and improving its financial position, Oando aims to set the stage for sustained profitability, higher revenues, and better financial performance going forward.

The financial restructuring will enhance Oando’s balance sheet by reducing its liabilities and replacing them with equity stakes in potentially high-value companies. This will lead to a more favourable financial position, making the company more attractive to investors, analysts, and other stakeholders. It will also provide Oando with the financial flexibility needed to pursue strategic investments and growth opportunities.

As Oando begins to realise the value from its converted equity stakes, the company’s revenue stream is likely to improve. This will be particularly beneficial in diversifying Oando’s sources of income, reducing its dependence on traditional oil and gas revenue streams, and contributing to long-term revenue growth. Shareholders expect to see an uptick in the company’s topline as the equity distribution brings in more profitable and diversified assets.

Long-Term Growth and Profitability:

Oando’s bold move to restructure its financials, convert receivables to equity, and distribute shares to shareholders is aimed at achieving long-term growth. By strategically addressing its financial challenges and positioning itself as a more attractive investment, Oando is taking critical steps to enhance its profitability. Shareholders who choose to reinvest in Oando after receiving their equity distributions stand to benefit from future growth, as the company’s financial health strengthens and its business operations expand in line other assets acquisition in Agip Oil Company aimd towards its expansion drive.

A Clear Path Forward: Shareholder Engagement and Market Confidence

The financial restructuring and equity distribution are only part of a broader plan to restore Oando’s position as a leading player in the energy sector. The company’s management is focused on executing a comprehensive strategy that includes operational efficiencies, cost control, and targeted growth initiatives.

The AGM 2023 will also serve as an important platform for shareholders to engage with the Board, ask questions, and gain clarity on the company’s vision for the future. For many investors, the proposed resolutions will signal a turning point for Oando, offering fresh hope for those who have endured a challenging period.

In the coming months, as Oando progresses with its restructuring efforts, shareholders will closely monitor the company’s financial performance, the success of debt conversions, and the potential impact on Oando’s market position. For investors, this is an exciting time to reflect on the quality of the companies that owe Oando, as those partnerships could bring valuable returns. If these companies have strong financial health and growth potential, shareholders find themselves holding a more valuable stake in Oando than ever before.

Conclusion: A New Beginning for Oando Plc

Oando’s AGM 2023 will be a crucial milestone in the company’s ongoing transformation. The proposed financial restructuring, including the conversion of debts into equity and the distribution of shares to shareholders, marks a decisive step toward addressing the company’s financial challenges and unlocking new sources of growth. By focusing on financial health and diversification, Oando aims to build a solid foundation for future profitability.

For shareholders, this is an exciting opportunity to be part of Oando’s journey as it repositions itself for a prosperous future. Whether investors choose to buy additional shares to participate in the equity distribution or simply hold on to their existing stake, the company’s efforts to create value and resolve financial issues signal a promising outlook for Oando’s bottom line and topline. It’s a moment for optimism, as Oando Plc takes bold steps towards sustainable profitability and long-term success.

Sunrisepebble:
They have huge losses because of the FX crisis. Once the right issue is reflected on the balance sheet and if FX remains stable around this level by FY 25 I believe they will start coming out of the mess
Note: I own the stock for that reason but DYOR

If the Rights were fully subscribed, then I believe by Q1 2025 the FX debts will be cleared with the proceeds from the Rights and PAT will likely turn positive.

Omooloriredade:


Q3 is coming up. Hopefully we see the NAOC acquisition effect in full force. I believe this is the market expectation. Deal completed within the quarter, so it should be included.

I'm not sure why a lot here were waiting so eagerly for the audited 2023 results. Were they expecting a marked improvement from the unaudited one?

The good thing is that audited 2023, Q1 and Q2 have been released and they were .......erm! The market sent the price from N90 to N60.
N55 to N60 seems to be a floor until the next FA event (the release of Q3 result). IF the NAOC acquisition reflects positively, I am (as do many here) inclined to think the SP will go on a run. Ah! I don't know o.