NewStats: 3,259,785 , 8,170,906 topics. Date: Monday, 26 May 2025 at 02:01 AM 3p371o

designking:
I still prefer investing more money in Oando than in Aradel at this current price.

I already have 5,000 units of Aradel and that can ride the market for now. I sense something big is coming for Oando and I intend picking another 20,000 units of Oando tomorrow.

megawealth01:
Ikeja Hotel grows pre-tax profit by 188% in first nine months of 2024 


https://nairametrics.com/2024/10/27/ikeja-hotel-grows-pre-tax-profit-by-188-in-first-nine-months-of-2024/

Ikeja Hotel has quietly climbed to N9.15

Is it getting set to rally up in price?

Please don't take this in HL&S.
I'm trying to locate the SC of the breakdown...

KarlTom:
About 34%...

yMcy56:
FLOURMILL - HONYFLOUR REBRANDING
- FLOURMILL relaunched HONYFLOUR
- This is a significant step in reshaping the Honeywell brand .
- The relaunch was described as a "Movement" and not just visual upgrade, according to the Marketing Manager
* FMN placed on suspension today
* Maybe Honeywell would now be driving the course of FMN on NGX going forward.....
* Keep Honeywell on watchlist

https://nairametrics.com/2024/12/16/flour-mills-relaunches-honeywell-brand-rules-out-price-increase-in-noodle-products/

https://nairametrics.com/2024/10/17/flour-mills-to-invest-1-billion-in-nigeria-over-four-years-to-expand-production-facility/

https://dailypost.ng/2024/12/18/honeywell-reloaded-flour-mills-of-nigeria-revitalizes-iconic-brand/

Mop up Honeywell now if you can. It may rally up in price soon. Presently at N5.00

jckgroup1:

Lasaco is undervalued relative to the PE of the sector.
Hopefully, Mr. Time will do the needful sooner than later.

I agree to that. Lasaco seem like a hidden jewel in the insurance ecosystem, and set to explode upwards soon...

Sunrisepebble:
I think it’s separate. Transcorp owns AFAM I-V. SPDC owns AFAM VI from what I’ve seen. (Could very much be wrong)

SPDC owns Afam VI.
I was in the SPDC team that built the 240mmscf/d capacity Onshore Okoloma Gas To Power Plant & Pipelines Construction Project valued then at $1.3bn between 2005-2010.
The pipeline project was subcontracted to Saipem, while the gas plant project was subcontracted to Alcon.

Oando no dey give insider trading reports?if this bonus distribution is not audio,we should be seeing insider trading note flying up and down.

BizErikah:


Yes I have the app but the chart interface is difficult to read as I have knowledge of TA already.. is there an app with nigerian stocks that the charts are readable like bybit /binance charts?

Gotcha, exciting updates are currently underway on StockBubbles! 🚀
Thanks for the .

naturalflow:
Oando no dey give insider trading reports?if this bonus distribution is not audio,we should be seeing insider trading note flying up and down.

The details of the share redistribution is sketchy hence the market is still experiencing selloff of the Oando shares.

The market reaction is a testament of lack of trust or confidence in any possible share redistribution. Though I am going to buy more Oando, it is a gamble I am willing to take.

designking:

The details of the share redistribution is sketchy hence the market is still experiencing selloff of the Oando shares.

The market reaction is a testament of lack of trust or confidence in any possible share redistribution. Though I am going to buy more Oando, it is a gamble I am willing to take.

Don't be quick to jump to hasty conclusions.
This Xmas/New Year period has been usually bearish since time immemorial.
The Oando shareholders that attended the AGM are part of the ''market'' and they expressed confidence and trust in the share redistribution by adopting the resolution.

O ye stubborn generation, when will you ever have a change of heart and believe Daddy wa, the father figure?

designking:

The details of the share redistribution is sketchy hence the market is still experiencing selloff of the Oando shares.

The market reaction is a testament of lack of trust or confidence in any possible share redistribution. Though I am going to buy more Oando, it is a gamble I am willing to take.

Which sell off? OANDO has gained my confidence for now

mikeapollo:

Don't be quick to jump to hasty conclusions.
This Xmas/New Year period has been usually bearish since time immemorial.
The Oando shareholders that attended the AGM are part of the ''market'' and they expressed confidence and trust in the share redistribution by adopting the resolution.

O ye stubborn generation, when will you ever have a change of heart and believe Daddy wa, the father figure?

But Aradel is posting positive share growth for days now.

If truly investors believe that they will truly get a 'share bonus' of even 1:3, they would have jumped in.

They are not seeing how realistic this share redistribution thing is... Even Oando has not provided any clarity on this hence market reaction has been uninteresting

designking:


But Aradel is posting positive share growth for days now.

If truly investors believe that they will truly get a 'share bonus' of even 1:3, they would have jumped in.

They are not seeing how realistic this share redistribution thing is... Even Oando has not provided any clarity on this hence market reaction has been uninteresting

You should be able to understand the difference between the possible impact of making a declaration that there will be bonus of a specific ratio (e.g. 1:2) and saying that minority shareholdings will increase from 42% to 65%. The increase in percentage is a technical jargon which most people in the market are yet to fully understand. It is only a few people who really understand the meaning or implication of that information. And you should be able to decode that, instead of saying that the market does not have confidence.
Don't be surprised to see some heavy deals in Oando a few days before they eventually announce the date(s).

megawealth01:


Which sell off? OANDO has gained my confidence for now

You are now fully welcome to the Oando Club.
Your annual subscription fee is due; please pay soonest or you could lose your hip!

Ding!

mikeapollo:

You are now fully welcome to the Oando Club.
Your annual subscription fee is due; please pay soonest or you could lose your hip!

OANDO that will still sell 200

So you are making Oyel money and you say make I no find my own

OakPearl:


SPDC owns Afam VI.
I was in the SPDC team that built the 240mmscf/d capacity Onshore Okoloma Gas To Power Plant & Pipelines Construction Project valued then at $1.3bn between 2005-2010.
The pipeline project was subcontracted to Saipem, while the gas plant project was subcontracted to Alcon.

designking:

The details of the share redistribution is sketchy hence the market is still experiencing selloff of the Oando shares.

The market reaction is a testament of lack of trust or confidence in any possible share redistribution. Though I am going to buy more Oando, it is a gamble I am willing to take.

They disclosed it to NGx, they expanciated on it a little at the AGM.
why won't they do it?
at leaset benefit of doubt for the next few months..


People still have hope on the Dangote Food Merger despite delay for almost 2yrs now.
Sugar was on sub-20 with good FA as at May 2023 I think.
Sugar is now on 30sth with bad FA and SHF wiped out.

OandO own never reach 1week
Doubt don enter.
They need a lot of cooperate Branding and image to rebuild alongside.

Dangote Slashes Petrol Price To ₦‎899 Per Litre


https://dailytrust.com/breaking-dangote-slashes-petrol-price-to-n899-per-litre/

chimex38:


They disclosed it to NGx, they expanciated on it a little at the AGM.
why won't they do it?
at leaset benefit of doubt for the next few months..


People still have hope on the Dangote Food Merger despite delay for almost 2yrs now.
Sugar was on sub-20 with good FA as at May 2023 I think.
Sugar is now on 30sth with bad FA and SHF wiped out.

OandO own never reach 1week
Doubt don enter.
They need a lot of cooperate Branding and image to rebuild alongside.

Gamblers full Oando

It seems as if the plant at the moment is not generating anywhere near full capacity. From the national grid stats seems it has been around 200MW for a while now, is this because of the pending sale?

I’m also trying to get an idea of the revenue of the power plant. All I have found is this from 2021

OakPearl:


SPDC owns Afam VI.
I was in the SPDC team that built the 240mmscf/d capacity Onshore Okoloma Gas To Power Plant & Pipelines Construction Project valued then at $1.3bn between 2005-2010.
The pipeline project was subcontracted to Saipem, while the gas plant project was subcontracted to Alcon.

chimex38:


They disclosed it to NGx, they expanciated on it a little at the AGM.
why won't they do it?
at leaset benefit of doubt for the next few months..


People still have hope on the Dangote Food Merger despite delay for almost 2yrs now.
Sugar was on sub-20 with good FA as at May 2023 I think.
Sugar is now on 30sth with bad FA and SHF wiped out.

Oando own never reach 1week
Doubt don enter.
They need a lot of cooperate Branding and image to rebuild alongside.

A public announcement was made, resolutions have been ed at a publicly-held AGM with statutory regulatory bodies in attendance who have copies of the resolutions ed, further announcements of the resolutions have been published, and yet some people are still doubting and saying it may not be true! My goodness!

It is too typical of most Nigerians. Most Nigerians suspect everybody and don't trust anyone. Probably because of bad past experiences, citizens' lack of self-integrity, the dubious nature, lack of trust, mischief, ignorance, lack of education etc.

megawealth01:
Dangote Slashes Petrol Price To ₦‎899 Per Litre


https://dailytrust.com/breaking-dangote-slashes-petrol-price-to-n899-per-litre/

Good.
Alhaji may spoil market for NNPCL and make them go bankrupt if they don't stop their attacks on his refinery.

mikeapollo:

You are now fully welcome to the Oando Club.
Your annual subscription fee is due; please pay soonest or you could lose your hip!

mikeapollo:


Good.
Alhaji may spoil market for NNPCL and make them go bankrupt if they don't stop their attacks on his refinery.

NNPC should drop price to N800 lets see market forces at play to the benefit of Nigerians.

The name is ARADEL!!!

mikeapollo:


A public announcement was made, resolutions have been ed at a publicly-held AGM with statutory regulatory bodies in attendance who have copies of the resolutions ed, further announcements of the resolutions have been published, and yet some people are still doubting and saying it may not be true! My goodness!

It is too typical of most Nigerians. Most Nigerians suspect everybody and don't trust anyone. Probably because of bad past experiences, citizens' lack of self-integrity, the dubious nature, lack of trust, mischief, ignorance, lack of education etc.

You won't really blame anyone... na Wale we are talking about here. People still doubt if he don truly change?

lionshare:
NNPC should drop price to N800 lets see market forces at play to the benefit of Nigerians.

ALHAJI will soon sell it at #600+

lionshare:
NNPC should drop price to N800 lets see market forces at play to the benefit of Nigerians.

Alhaji will still beat them on price because of economies of scale.

bastardson:
The name is ARADEL!!!