NewStats: 3,262,641 , 8,177,759 topics. Date: Tuesday, 03 June 2025 at 06:53 AM i6j4q

Yes O, let me use the profit to buy Christmas hamper for my neighbours

megawealth01:
You don enter

But he just said the truth.

I doubt if there is anyone putting money in OANDO at the moment who is not aware of the financial situation of the company. People see opportunities for short term capital appreciation in the stock and they are playing the game.

All of the long epistles here count for little for what investors are doing with OANDO's shares at the present time.

megawealth01:
You don enter

Sunrisepebble:
Yes O, let me use the profit to buy Christmas hamper for my neighbours

On a second thought, some scenarios came up in my mind about Oando's proposed financial restructuring:

Let us consider these two theoretical scenarios/options:

Option 1:
Write off the related party receivables to bad debts in the P/L and report huge losses for the year.
This would lead to a huge drop in price of the shares. With the huge losses, no dividend nor bonus can be paid to shareholders.

Option 2: this is what some of us think Oando is trying to do:
Convert and reclassify the related party receivables to investments in related parties (after receiving their shares). This would avoid writing off the receivables to bad debts, thereby preserving potential profits in the P/L. This could boost the company's chances of posting net profits for the year coupled with positive reactions in the stocks market. Shareholders would also benefit in future when the shares are distributed pro-rata.

The choice is for shareholders to decide

If I say I'm not confused about the SUNU's continuous rise, I lie. Surely, it doesn't have the best of results in the sector. So what is the koko?

Congratulations to those holding it o. No be bad belle o.

OANDO
Getting attention in market.....
@65.90 at the moment......
Bids far outweigh offers....
13M bids Vs. 1m+ offers ATM....

megawealth01:

I think we should follow the money, that is how some of us missed the opportunity from below #10. Oando is not a fundamental stock, we are aware but we can still make money. My opinion is invest what you can loose.

Mercy, you are doing great jobs and all our Oga here.

Not a recommendation to buy Oando

yMcy56:
OANDO
Getting attention in market.....
@65.90 at the moment......
Bids far outweigh offers....
13M bids Vs. 1m+ offers ATM....

You are doing well.....
The Oando money will surely mature for all of us to enjoy, if we are patient long enough.

yMcy56:
OANDO
Getting attention in market.....
@65.90 at the moment......
Bids far outweigh offers....
13M bids Vs. 1m+ offers ATM....

yMcy56:
OANDO
Getting attention in market.....
@65.90 at the moment......
Bids far outweigh offers....
13M bids Vs. 1m+ offers ATM....

Oando may even go on full bid

Salvationone:


I think we should follow the money, that is how some of us missed the opportunity from below #10. Oando is not a fundamental stock, we are aware but we can still make money. My opinion is invest what you can loose.

Mercy, you are doing great jobs and all our Oga here.

Not a recommendation to buy Oando

Health3:

Oando may even go on full bid

OANDO no send oooo for all your analysis....we move $1

Sometimes you follow the money

Sometimes you follow analysis

Me I've decided to follow the money in this Oando matter

Health3:

Oando may even go on full bid

Una go fear bids....
Person say he wan give bonus shares, embarking on financial restructuring, analysis come full ground....😁
We never even factor in the ENI/AGIP deals..

Caveat: Not any form of advice

Health3:
Sometimes you follow the money

Sometimes you follow analysis

Me I've decided to follow the money in this Oando matter

Sunrisepebble:
Pa Emma, you yourself stated that we can make money from stocks without fundamentals, when you used the state of matter metaphor. I dont think anyone buying Oando is looking for fundamentals.

Like I ve said before:

"Investors quoting traders and traders quoting investors".

KarlTom:
Ocean and Oil
Olawale and Omamofe
Over and Out
...

Omooloriredade:
If I say I'm not confused about the SUNU's continuous rise, I lie. Surely, it doesn't have the best of results in the sector. So what is the koko?

Congratulations to those holding it o. No be bad belle o.

SUNU surprised me too...
Didn't know it could move that far.....😊

I think VERITASKAP should be able to perform well too....
I even expected it to have gone to settle around N2 instead of the pullback.....
May still stage a comeback possibly.

ACCESS
https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/Access_Holdings_-_SCB_Acquisition.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/42649_JULIUS_BERGER_NIGERIA_PLC-STATEMENT_ON_THE_ABUJA-KADUNA-ZARIA-KANO_ROAD_PROJECT_CORPORATE_ACTIONS_NOVEMBER_2024.pdf

yMcy56:

SUNU surprised me too...
Didn't know it could move that far.....😊

I think VERITASKAP should be able to perform well too....
I even expected it to have gone to settle around N2 instead of the pullback.....
May still stage a comeback possibly.

That year I was warned by you about this SUNU

One thing is sure in this Oando game... Baba ontop go favour WALE na the delisting thing be my own concern.

Take note I said Wale oooooo

I'm guiding my small units jealously

Oando wey go still enter $1

emmanuelewumi:
So many red flags

Complicated / convoluted subsidiaries and associated companies nko. That looks like a red flag.
Perhaps that's the engine of increasing operating expenses and unusual revenue sources red flag .

Chams on experiment

1.Bid more units at #2 for the vendor and see if he will pick up.If he rejects selling then

2. Bid for more units at 2.15 and see if the vendor will prefer supply at #2.

These 2 aspects will help at this time.

Or activate watching mode on chams for now.

megawealth01:
That year I was warned by you about this SUNU

Maybe because nothing was happening there that year....😁
That's why regular review is necessary and never to write any stock off, except it's completely over.
Do you still have it?
Na the whole stock for NGX you get, you don hammer seriously.....
Sha don't forget my Christmas hamper.... 😁

You're still talking of delisting?

OANDO wants to delist and they are talking about bonus issue for shareholders?
How much would they be ready to pay should they continue with the idea?

Delisting is dead as far as facts are concerned.

megawealth01:
One thing is sure in this Oando game... Baba ontop go favour WALE na the delisting thing be my own concern.

Take note I said Wale oooooo

I'm guiding my small units jealously

Oando wey go still enter $1

GeeKudi:
You're still talking of delisting?

OANDO wants to delist and they are talking about bonus issue for shareholders?
How much would they be ready to pay should they continue with the idea?

Delisting is dead as far as facts are concerned.

Wait until it's OFFICIAL na 😂

yMcy56:

Maybe because nothing was happening there that year....😁
That's why regular review is necessary and never to write any stock off, except it's completely over.
Do you still have it?
Na the whole stock for NGX you get, you don hammer seriously.....
Sha don't forget my Christmas hamper.... 😁

I left it as it is joor. That broker I used in buying SUNU and some of the penny stocks that year I left them like that joor...

I don't have all the stocks in NGX. I'm not a big man. I'm just a regular guy

Sunrisepebble:
Pa Emma, you yourself stated that we can make money from stocks without fundamentals, when you used the state of matter metaphor. I dont think anyone buying Oando is looking for fundamentals.

I shared information concerning red flags on a financial statement for the purpose of education and future reference, I never tagged any stock nah

yMcy56:
ACCESS
https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/Access_Holdings_-_SCB_Acquisition.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/42649_JULIUS_BERGER_NIGERIA_PLC-STATEMENT_ON_THE_ABUJA-KADUNA-ZARIA-KANO_ROAD_PROJECT_CORPORATE_ACTIONS_NOVEMBER_2024.pdf

Acquirers!!
Be like Aigboje come worse Wigwe(RIP)

Locotrader:
Chams on experiment

1.Bid more units at #2 for the vendor and see if he will pick up.If he rejects selling then

2. Bid for more units at 2.15 and see if the vendor will prefer supply at #2.

These 2 aspects will help at this time.

Or activate watching mode on chams for now.

On watch list.
Volume OK.
No buy signal yet.
By historical chart, buyers have been using this stock for JoJo for some time now.

Na Oando joor

emmanuelewumi:


I shared information concerning red flags on a financial statement for the purpose of education and future reference, I never tagged any stock nah

Toluway:

On watch list.
Volume OK.
No buy signal yet.
By historical chart, buyers have been using this stock for JoJo for some time now.

If chams fail to move at this time,
Wait for it at 1.80.
I am loaded already at sub #2.

Second batch loading will only be at 1.80.
Campaign for 1.80 will soon start