NewStats: 3,262,319 , 8,176,804 topics. Date: Sunday, 01 June 2025 at 07:16 PM 2m4h2u

Aradel

We wey dey wait for 400 naira go soon start bid at 1000. Chai.

Raider76:
Aradel

The FGN is desperate for funds, and will push all the indigenous oil companies to ramp up all possible sources of crude oil production. Seplat, Oando, Aradel etc will all do well in their operations and on NGX

Mpeace:
We wey dey wait for 400 naira go soon start bid at 1000. Chai.

I think Shell were the ones that pushed them into the corner actually. That $5bn final investment decision in Offshore was most definitely made off the back of the FG allowing them to fully divest their onshore business

mikeapollo:


The FGN is desperate for funds, and will push all the indigenous oil companies to ramp up all possible sources of crude oil production. Seplat, Oando, Aradel etc will all do well in their operations and on NGX

Insiders were mopping up heavy quantities at <500. I followed suit. Not sure what people were waiting for again

Mpeace:
We wey dey wait for 400 naira go soon start bid at 1000. Chai.

Capitas7:


April 26, 2023 post. Great suggested stocks!

Afriprud struggled to do N10 during the Nov/Dec 2023 bull, but is now moving without stopping. There's a lot to be known.

last year suggestion done and dusted na....

new suggestion is the fucus now

mikeapollo:

Don't mind the clueless drunkards in the so called NASS

Let them continue in their tomfoolery
Even the manufacturing factory of the world is collecting functional currencies left and right, and their RMB isn't a functional currency yet....


Its a wannabe third world failing, decrepit shame of a loser country with dummy leaders and intellectually challenged populace that wanna "act tough"

Okay....
Other central banks now hold some NGN
Wtf are they gonna buy with it?
We are a small country in the international trade term of it, who cannot unilaterally influence the price of any commodity
How the fk do they think they can pull this off

Anyways lemme stop here before I start swearing 🤬

Streetinvestor2:
Na you and your household dummy .Is thr universal law that says naira can not be thr.what are you and your type afraid about. Is dollars our country currency..

Only discuss what you have the brain bandwidth for....
Apparently this discussion is above your pay grade. so sit this one out

If you have any rebuttals to any point I have raised (I bet you have none), you raise them

If not, sit this one out and stick to rofo rofo antagonism which you seem to be very good at here

Peace ✌️

Sunrisepebble:
Insiders were mopping up heavy quantities at <500. I followed suit. Not sure what people were waiting for again

This your question. We can not all be in the same stock as other opportunities full.
At present price I will pick onado over aradel not based on FA or TA.This days na easy 100% and above na watin my eye dey look out..lol

Do you really believe there’s more opportunity in Oando than in Aradel? Really? When I started rebuying this Aradel at 495, I mentioned here and I bought all the way down to 450. With my average cost, assuming a full bid tomorrow that’s already a 55% increase, and this is just based on news and not financial performance and corporate governance yet.
I’m in the same Oando too for purely speculative reasons but for it to return 100% means we see it at N100+. Is that happening any time soon based on the way things are run.
Aradel at 450 and Oando at 60, I know which one I’m picking

Streetinvestor2:
This your question. We can not all be in the same stock as other opportunities full.
At present price I will pick onado over aradel not based on FA or TA.This days na easy 100% and above na watin my eye dey look out..lol

RodgersAkpafu:


Only discuss what you have the brain bandwidth for....
Apparently this discussion is above your pay grade. so sit this one out

If you have any rebuttals to any point I have raised (I bet you have none), you raise them

If not, sit this one out and stick to rofo rofo antagonism which you seem to be very good at here

Peace ✌️

See hungry person way dey talk pay grade,lol.Your own dummy na raise to power 2 as you mentioned in your post.The man who initiated the bill is far better than your generation in everything if you are not informed. Go get real things doing and stop planning your life on dollar speculation. I don't bother with your type. I only reacted because of your last stu...d statement on other Nigerians as dummies

designking:
ADDRESSING NNPCL'S MISINFORMATION

We have received numerous inquiries from the media and other concerned stakeholders seeking clarification on a recent report attributed to the Nigerian National Petroleum Company Limited (NNPCL) that their decision to secure a $1 billion loan backed by its crude was instrumental in ing the Dangote refinery during liquidity challenges.

We would like to clarify that this is a misrepresentation of the situation as $1bn is just about 5% of the investment that went into building the Dangote Refinery.

Our decision to enter into a partnership with NNPCL was based on recognition of their strategic position in the industry as the largest off taker of Nigerian crude and at the time, the sole supplier of gasoline into Nigeria.

We agreed on the sale of a 20% stake at a value of $2.76 billion. Of this, we agreed that they will only pay $1 billion while the balance will be recovered over a period of 5 years through deductions on crude oil that they supply to us and from dividends due to them. If we were struggling with liquidity challenges, we wouldn't have given them such generous payment . As at 2021 when the agreement was signed, the refinery was at the pre-commission stage. In addition, if we were struggling with liquidity issue, this agreement would have been cash based rather than credit driven.

Unfortunately, NNPCL was later unable to supply the agreed 300 thousand barrels a day of crude given that they had committed a greater part of their crude cargoes to financiers with the expectation of higher production which they were unable to achieve.

We subsequently gave them a 12-month period for them to pay cash for the balance of their equity given their inability to supply the agreed crude oil volume. NNPCL failed to meet this deadline which expired on June 30th 2024. As a result, their equity share was revised down to 7.24%. These events have been widely reported by both parties.

It is, therefore, inaccurate to claim that NNPCL facilitated a $1 billion investment amid liquidity challenges. Like all business partners, NNPCL invested, $1 billion in the Refinery to acquire an ownership stake of 7.24% stake that is beneficial to its interests.

NNPCL remains our valued partner in progress, and it is imperative for all stakeholders to adhere to the facts and present the narrative in the correct context, to guide the media in reporting accurately for the benefit of our stakeholders and the public.

Anthony Chiejina
Group Chief Branding and Communications Officer
18th December, 2024

DR no dey waste time to rebuff any statement of political gimmick

EduC:
WALE indeed, means business! Check this out:

https://www.oandoplc.com/press-release/oando-plc-announces-the-appointment-of-a-new-director

His uncle is president for a reason

Sunrisepebble:
Do you really believe there’s more opportunity in Oando than in Aradel? Really? When I started rebuying this Aradel at 495, I mentioned here and I bought all the way down to 450. With my average cost, assuming a full bid tomorrow that’s already a 55% increase, and this is just based on news and not financial performance and corporate governance yet.
I’m in the same Oando too for purely speculative reasons but for it to return 100% means we see it at N100+. Is that happening any time soon based on the way things are run.
Aradel at 450 and Oando at 60, I know which one I’m picking

I see greater opportunities in oando if the management decides to be sincere and act properly with all they have as assets with time

If wale had managed the filing station alone well.it would have been competing in price presently
with arade...just an example .I know he has sold that .Mr time will decide from next yr results.

What will you say if ph refinery is handed over to wale as per politics after any fake bidding. Anything is possible in naija politics.Do you think if government truely want to let go of ph refinery management. It will be outsiders. Of all these oil and gas companies in naija presently who do you think stands at highest preferably contender if not Oando.....na my street assumptions I dey talk.

Streetinvestor2:
See hungry person way dey talk pay grade,lol.Your own dummy na raise to power 2 as you mentioned in your post.The man who initiated the bill is far better than your generation in everything if you are not informed. Go get real things doing and stop planning your life on dollar speculation. I don't bother with your type. I only reacted because of your last stu...d statement on other Nigerians as dummies

Well
Suit yourself then.....

PS For sensible ppl who read my post, lemme just state the obvious....... we all know who the "dummies" are in the context of that post.....
Starting from the fellow who pushed the bill in the first place.

It is sad that a government is fighting it's best businessman.

chimex38:

DR no dey waste time to rebuff any statement of political gimmick

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Streetinvestor2:
I see greater opportunities in oando if the management decides to be sincere and act properly with all they have as assets with time

If wale had managed the filing station alone well.it would have been competing in price presently
with arade...just an example .I know he has sold that .Mr time will decide from next yr results.

What will you say if ph refinery is handed over to wale as per politics after any fake bidding. Anything is possible in naija politics.Do you think if government truely want to let go of ph refinery management. It will be outsiders. Of all these oil and gas companies in naija presently who do you think stands at highest preferably contender if not Oando.....na my street assumptions I dey talk.

Plenty assumptions. There’s like 5 “if’s” in your submission.

Raider76:
It is sad that a government is fighting it's best businessman.

Really sad. It’s good that DR is quickly setting straight the comments made by NNPCL. Reputation management is a must in the corporate world. Don’t allow a misconception develop wings and fly. Investors are listening, the market is watching.

Olaide1295:
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Plenty assumptions. There’s like 5 “if’s” in your submission.

That is how life is played on naija streets..lol.
Just wait and see the value that onado will create for shareholders if osita maths holds or anything close to it in the redistribution as started in the agm.
If I tell you the many zeros ucap did create for shareholders in the bonus thing even with share dilution.In this business thr is no permanent friend or enemy. Na the money.

Raider76:
It is sad that a government is fighting it's best businessman.

They see the success story of Dangite Refinery as a potential embarrassment for the govt because of their failures in refixing the nation's refineries , hence they are trying everything to downplay and possibly undermine the achievements of Dangote Refinery.

mikeapollo:


They see the success story of Dangite Refinery as a potential embarrassment for the govt because of their failures in refixing the nation's refineries , hence they are trying everything to downplay and possibly undermine the achievements of Dangote Refinery.

💯
Alhaji opened eyes that refineries can work here

megawealth01:

💯
Alhaji opened eyes that refineries can work here

Absolutely 💯
They are just like Nigerian lecturers who hate on tutorial providers for simplifying those concepts that lecturers boast is "complex" in class

Was about to say this. Aradel that is being used as comparison already has a working refinery. Now they are adding 135kbpd of oil production and 350,000 mmscf of annual gas production (about another 150kboepd from my calculation ) with this acquisition. In addition they also have a power plant now, Afam VI (650MW capacity) that is connected to the grid already … The 5% stake in Chappal is also huge when they eventually IPO

Its night and day
I also haven't mentioned our potential London listing but wanted to leave out assumptions

Olaide1295:
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Plenty assumptions. There’s like 5 “if’s” in your submission.

Sunrisepebble:
Was about to say this. Aradel that is being used as comparison already has a working refinery. Now they are adding 135kbpd of oil production and 350,000 mmscf of annual gas production (about another 150kboepd from my calculation ) with this acquisition. In addition they also have a power plant now, Afam VI (650MW capacity) that is connected to the grid already … The 5% stake in Chappal is also huge when they eventually IPO

Its night and day
I also haven't mentioned our potential London listing but wanted to leave out assumptions

But we do not yet know Aradel's share in the asset, given that Renaissance Africa Energy Company Limited is a consortium of 5 big oil and gas companies.
This market get as e be. We fit see full bid tomorrow, we fit no see full bid.
But I for like get some more units before this kind of news.

Sunrisepebble:
Was about to say this. Aradel that is being used as comparison already has a working refinery. Now they are adding 135kbpd of oil production and 350,000 mmscf of annual gas production (about another 150kboepd from my calculation ) with this acquisition. In addition they also have a power plant now, Afam VI (650MW capacity) that is connected to the grid already … The 5% stake in Chappal is also huge when they eventually IPO

Its night and day
I also haven't mentioned our potential London listing but wanted to leave out assumptions

What is Aradel percentage stake in renaissance africa

Tbh I really do want to know the shareholding structure.
I was told they have the majority though, and they also have a 40% stake in NDwestern who are also a party in the consortium.

Mpeace:
But we do not yet know Aradel's share in the asset, given that Renaissance Africa Energy Company Limited is a consortium of 5 big oil and gas companies.
This market get as e be. We fit see full bid tomorrow, we fit no see full bid.
But I for like get some more units before this kind of news.

ARADEL marketers don start?

It’s time to reji

megawealth01:
ARADEL marketers don start?

Sunrisepebble:
Tbh I really do want to know the shareholding structure.
I was told they have the majority though, and they also have a 40% stake in NDwestern who are also a party in the consortium.

I wish I haven't sold some of my ARADEL when I broke even at #600

Which stock do u think will likely deliver 50% in this bull? Cos, from the way I see this market, next week go hot

I always had a very long term view of the stock. . It’s paining me I didn’t buy when it was trading 370

Xidget:
I wish I haven't sold some of my ARADEL when I broke even at #600

Which stock do u think will likely deliver 50% in this bull? Cos, from the way I see this market, next week go hot