NewStats: 3,261,695 , 8,174,816 topics. Date: Friday, 30 May 2025 at 07:52 AM 1u6x3r

This surely could not be the news the Oando insiders were marketing to us

The Ghana plant they’re acquiring for export is likely why. I’m wondering why they haven’t come out to say officially though. Still yet to see the outcome from the October board meeting

Mfunkynation:
Chai.....
Like play like play PRESCO no pay US INTERIM this year!!!
What happened?

cocolacec:

https://www.youtube.com/watch?v=niumo5XgCKo

Thanks. Watching LIVE now

ositadima1:
Oando was below 70 for quite a while, yet some people with their "tachere" thinking thought they were smarter than the big boys, who invested over 40 billion Naira at levels above that. If you had bought at 62, you would have outperformed those 50 billion Naira investments this year alone. Do you think the moneybags threw in that much money without analyzing the upside? Do you really think your "tachere" mindset and limited exposure can beat the billions? You’re deluded.

The same goes for Aradel. Billions have been invested at levels above the current price. Forget wretched analysis and follow the money (Billions).

Oando and Aradel are miles apart...I just wonder what will have happened to Oando if present govt wasn't in town, they basically started making money after that yet they are still in red. There goes the red on Oando on the floor....

OANDO
Result yet to be digested by many....
AGM ongoing....
Good result from my amateur's perspective
People just like to act in haste
OANDO still remains an untapped goldmine 😊
We are waiting for AGM outcome......make we see how the bonus talk go be ...😊

Wale style of leadership is the singular reason Oando is still in a messy state.

Oando might struggle for a while before any meaningful progress can be seen.

Massively dumping of the Oando stock is ongoing and might continue till Friday. Oando may touch ₦45 with this renewed selloff

designking:
Wale style of leadership is the singular reason Oando is still in a messy state.

Oando might struggle for a while before any meaningful progress can be seen.

💯

ojeysky:


Oando and Aradel are miles apart...I just wonder what will have happened to Oando if present govt wasn't in town, they basically started making money after that yet they are still in red. There goes the red on Oando on the floor....

ojeysky:


Oando and Aradel are miles apart...I just wonder what will have happened to Oando if present govt wasn't in town, they basically started making money after that yet they are still in red. There goes the red on Oando on the floor....

You need to be objective. Aradel listed at close to 800 naira, but it was the same "red" on the floor that brought it down to below 500 before it reversed. So, the red on the floor is nothing new. The facts are undeniable: the company is making money, and the negative equity will soon be resolved, whether the current president does it himself or not—it doesn’t matter.

Hmmm

designking:
Wale style of leadership is the singular reason Oando is still in a messy state.

Oando might struggle for a while before any meaningful progress can be seen.

When result was bad self, did it struggle to move from N8/10 to N90?
Once the cowboys are ready, let's leave other stories......
By Q4 2024, the result will shed light on the new shareholding structure
Then we see how it fares again...

This result is ordinarily expected to take it to full bid self....
It's even looking like some people trying to depress the share price in market as at now.....
Something wey go still cross 100.....
When is what I don't know, may be sooner than expected, may be later.

designking:
Wale style of leadership is the singular reason Oando is still in a messy state.

Oando might struggle for a while before any meaningful progress can be seen.

Massively dumping of the Oando stock is ongoing and might continue till Friday. [/b]Oando may touch ₦45 with this renewed selloff[b]

This will represent the golden opportunity of a generation.

Sunrisepebble:
This surely could not be the news the Oando insiders were marketing to us

Lol.
How do you mean? You may help us with some context.
Oando's turnaround or transformation cannot be a sudden, one-time, overnight feat. It will be gradual.
But some signs have started to emerge. e.g. the gross margin ratio is about 6% in the Q3 2024 against between 4% and 5% for prior periods .
But they need to work on the huge istrative expenses. A segment (E&P) is doing relatively well, while others (e.g. Corporate Services) are just draining away the profits and dragging the company backward.
Fortunately, the ENI assets fall under the E&P segment, but it was only 1 month operation that was included in the Q3 2024 results ended 30-Sep-2024 (i.e. the acquisition was around 3 week of August 2024)

Interesting

This...

designking:

Massively dumping of the Oando stock is ongoing and might continue till Friday. Oando may touch ₦45 with this renewed selloff

🤔

designking:

10% is sure tomorrow

Please who told cardinal stones to upgrade their website, it has been hell on that platform since Friday

KarlTom:
This...


🤔

The weathercock effect

MRS
Meanwhile MRS is sighted @145 in market...
Is the buyout price of N135 no longer holding?

KarlTom:
This...


🤔

I was looking for quick Jijo. I don’t have as much faith as some of you do in Wale but I’ll keep my units for now

mikeapollo:


Lol.
How do you mean? You may help us with some context.
Oando's turnaround or transformation cannot be a sudden, one-time, overnight feat. It will be gradual.
But some signs have started to emerge. e.g. the gross margin ratio is about 6% in the Q3 2024 against between 4% and 5% for prior periods .
But they need to work on the huge istrative expenses. A segment (E&P) is doing relatively well, while others (e.g. Corporate Services) are just draining away the profits and dragging the company backward.
Fortunately, the ENI assets fall under the E&P segment, but it was only 1 month operation that was included in the Q3 2024 results ended 30-Sep-2024 (i.e. the acquisition was around 3 week of August 2024)

Sunrisepebble:
I was looking for quick Jijo. I don’t have as much faith as some of you do in Wale but I’ll keep my units for now

Lol.
There will always be opportunities for Jijo.
The price has started falling. You can wait and buy when it falls to your preferred or comfort level and sell again when it rises.
Oando has good potential but its journey to full recovery will not be an easy ride .

essentialone:
Afrinvest website is still not working

Any one has any update on Afrinvest website that has been undergoing upgrade forever?

On this oando agm, all I’ll say is some of these shareholders are weapons fashioned against the company. Rather than hold management able they’re doing eye service

Those guys are for-hire shareholders, coming for free food, and goody bag.

bovali:
On this oando agm, all I’ll say is some of these shareholders are weapons fashioned against the company. Rather than hold management able they’re doing eye service

bovali:
On this oando agm, all I’ll say is some of these shareholders are weapons fashioned against the company. Rather than hold management able they’re doing eye service

Thanks and God bless you my sister!
These Oando shareholders at the AGM are just too hypocritical for my liking. They did similar thing at the previous AGM. Seems like they were either planted by the management or seeking some favours from them
I regret not being able to attend.

These are not Shareholders but Praise Singers.

GeeKudi:
These are not Shareholders but Praise Singers.

Not all of them...
The person in suit currently speaking is saying the truth...... talking about shareholders not receiving dividends, compares ARADEL and SEPLAT in of profit making, etc.

The Mr. Adio that talked about adopting prospectus or something also talks well.....
I was even thinking say abi na Streetinvestor be this...😁

I love this current speaker. The guy is saying the gospel truth to Wale

megawealth01:
I love this current speaker. The guy is saying the gospel truth to Wale

True. Only him and the other guy with the aeroplane analysis did well

Make Oando hurry up return back to ₦30/₦40 so that we can load more for a long term hold.

For now, forget about Oando doing ₦100. It will oscillate between ₦45 - ₦65 which is ₦20 possible takeout each cycle.

Na clowns full this Oando management. They are not serious for a mega oil Corporation. They should learn from Seplat and Aradel.

GOD bless this woman talking now. That delisting is still an issue ooooo

......and they keep scrambling the link each time there is such voice speaking the inconvinient truth except if it's just my network misbehaving.

yMcy56:

Not all of them...
The person in suit currently speaking is saying the truth...... talking about shareholders not receiving dividends, compares ARADEL and SEPLAT in of profit making, etc.

The Mr. Adio that talked about adopting prospectus or something also talks well.....
I was even thinking say abi na Streetinvestor be this...😁