NewStats: 3,260,864 , 8,172,847 topics. Date: Tuesday, 27 May 2025 at 09:57 PM 5m2p13

WondaBeauty:


Okay i will check it out. Please how do I with a licensed broker especially here in Nigeria?

How do I locate one?

Visit the website of the SEC https://sec.gov.ng and see/search for list of ed/approved securities brokers

mikeapollo:


Visit the website of the SEC https://sec.gov.ng and see/search for list of ed/approved securities brokers

Okay, thanks

WondaBeauty:


Okay, thanks

You can conduct online checks and also visit the offices of the brokers to assess how credible, efficient, reliable and organized they are etc.

Does anyone here have an idea if the Oando board meeting held and what the decisions/outcome are?

Emndy:
Can anyone confrm credit of Zenith RI and PO shares to their CSCS?

Yes, my RI units was credited on January 31st.

ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. +0.15%

USAfall2024:

Yes, my RI units was credited on January 31st.

Thanks, got mine this morning

Tpharell:
Does anyone here have an idea if the Oando board meeting held and what the decisions/outcome are?

No news yet

Sunrisepebble:

I'm not a jijoist and FYI I see this at N1K, but I don't think you can go wrong taking profits after strong bulls. I have 85k units bought at an average price of #488 and at #750 i've made 50%+ profit. I don't think it's a bad idea to sell here at all. I was even hoping to add today but market did not allow me.
I will most likely not sell on Wednesday because I have no use for the funds. There's no opportunity or value elsewhere for me in the market presently. Its just a consideration

Based on the numbers you're working with, not a bad idea to take some gains. Profit is profit, the gains you see today may not be there tomorrow.

There is always money market to dump your funds while you wait for opportunities, that's pretty much what Buffet is doing at the moment.

WondaBeauty:


Okay i will check it out. Please how do I with a licensed broker especially here in Nigeria?

How do I locate one?

There many of them, if u Google "Best stockbrokers in Nigeria ", u will get list of them.

Though the most popular ones
MorganCapital
Atlasportfolio
Meristem
Investmentone
Cardinalstone

You can with any broker online. Just Google

The share redistribution will likely come with the FY24 Audited report. So, a lot of patience is still needed.

SAK:
No news yet

GeeKudi:
The share redistribution will likely come with the FY24 Audited report. So, a lot of patience is still needed.

If the board meeting held as scheduled the resolutions should be on the NGX by now

KarlTom:
ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. +0.15%

You will soon hear from Wale ASAP

Huge is coming Feb , June 😃

Tpharell:

If the board meeting held as scheduled the resolutions should be on the NGX by now

Keep refreshing Ngx website 😀

Tpharell:
Does anyone here have an idea if the Oando board meeting held and what the decisions/outcome are?

Outcome soon 😀 200>

Bagwa:
You will soon here from Wale ASAP
Huge is coming Feb , June 😃

Wale is not set yet... I want to buy another 200k Oando shares before the announcement. Bought 10k more today.

designking:




Wale is not set yet... I want to buy another 200k Oando shares before the announcement. Bought 10k more today.

You may be late 😅

Bagwa:
You will soon here from Wale ASAP

Huge is coming Feb , June 😃

Can you help with tips?
How huge and in which form or direction?

Xidget:
There many of them, if u Google "Best stockbrokers in Nigeria ", u will get list of them.

Though the most popular ones
MorganCapital
Atlasportfolio
Meristem
Investmentone
Cardinalstone

You can with any broker online. Just Google

Thanks a lot..

mikeapollo:


Can you help with tips?
How huge and in which form or direction?

Bros , please expatiate.

mikeapollo:


Can you help with tips?
How huge and in which form or direction?

He who asks for metaphors to be decoded for him is not fit to represent his kinsmen on a meeting.

Huge is huge, simple.

use denham chappel hil for they are unique

WondaBeauty:


Thanks a lot..

WAle is a gamer

Bagwa:
You will soon here from Wale ASAP

Huge is coming Feb , June 😃

SAK:
Bros , please expatiate.

Oando wahallah !

Mikeapollo is asking Bawa to decode 'Huge'.

SAK is begging Mkeapollo to expatiate.

zendi:
Oando wahallah !

Mikeapollo is asking Bawa to decode 'huge'.

SAK is begging Mkeapollo to expatiate.

WALE doings 😂

mikeapollo:


Finance costs may still wipe off a lot of the profits.
Oando still needs to raise equity capital (or find whatever means) to pay off significant chunk of the toxic debts before its profits can have some breathing space

According to Wale, Oando has 1 billion barrels of crude oil underground.

My prayer for Oando and it's upstream mates is for crude oil to remain above $70 a barrel, with all the disruptions around the world, including Trump's policies at home and abroad.

Conoco P - $1.5b
NAOC - $0.7b

Even assuming there has been no debt reduction since Conoco P, what is $2b debt to an entity sitting on $70b, less production costs. ?

I may be missing something seriously.

Bagwa:
You may be late 😅

I pray he delays it a bit. Oando is the clearest gamble on the NGX.

It is the surest way to convert ₦50m to ₦75m in a short time on the NGX. Others are just speculation. Oando gains are sure.

Tpharell:
Does anyone here have an idea if the Oando board meeting held and what the decisions/outcome are?

If the Board did not sit, I don't think they would have released the Q4 Unaudited in the first place.

Board Meeting outcome is supposed to have been out but maybe it's experiencing some delays due to the bonus issue.
It's still within normal timeframe since AUDITED is yet to be released.
No rule was violated as yet.

Anyone investing in OANDO should do so because of the enormous future potentials and not primarily because of share distribution........my amateur advice I think.

yMcy56:

If the Board did not sit, I don't think they would have released the Q4 Unaudited in the first place.

Board Meeting outcome is supposed to have been out but maybe it's experiencing some delays due to the bonus issue.
It's still within normal timeframe since AUDITED is yet to be released.
No rule was violated as yet.

Anyone investing in OANDO should do so because of the enormous future potentials and not primarily because of share distribution........my amateur advice I think.

The board meeting held that is why we saw unaudited results. The board meeting must not be about share redistribution. The main thing was results.

yMcy56:

If the Board did not sit, I don't think they would have released the Q4 Unaudited in the first place.

Board Meeting outcome is supposed to have been out but maybe it's experiencing some delays due to the bonus issue.
It's still within normal timeframe since AUDITED is yet to be released.
No rule was violated as yet.

Anyone investing in OANDO should do so because of the enormous future potentials and not primarily because of share distribution........my amateur advice I think.

Its good corporate practice as well as transparency to inform the NGX and investing public about board resolutions, and we see others do that every time with corporate disclosures

Streetinvestor2:
The board meeting held that is why we saw unaudited results. The board meeting must not be about share redistribution. The main thing was results.

The share redistribution was stated as part of their agenda for deliberation during the board meeting. This was stated in their corporate disclosure informing of the board meeting, so it only goes without saying that another disclosure should by now be out with resolutions. Other companies do that everytime, i wonder why Oando should be excused