NewStats: 3,261,326 , 8,173,690 topics. Date: Wednesday, 28 May 2025 at 08:25 PM 2w85t

The bolded might be interpreted as taking things personal. It was not an Executive Act of PBAT.

There is what we call the Production Curtailment and Domestic Crude Oil Supply Obligation Regulations (DCSO) 2023 which is issued AND enacted by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) as premised on Section 109 (2) of the PIA...

The Petroleum Industry Act (PIA) was signed into law on 16th August, 2021

chimex38:

The debt no be here Oo .
Plus Most of the Oil Companies are forced to sell a percentage to local refineries in dollars Naira) by PBAT executive act.
Unless probably their debts are restructured for long term.
I think they will have to come to the market.

KarlTom:
The bolded might be interpreted as taking things personal. It was not an Executive Act of PBAT.

There is what we call the Production Curtailment and Domestic Crude Oil Supply Obligation Regulations (DCSO) 2023 which is issued AND enacted by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) as premised on Section 109 (2) of the PIA...

The Petroleum Industry Act (PIA) was signed into law on 16th August, 2021

Even the rehabilitation and current production at the PH refinery was largely due to Buhari's effort in awarding the contract which was almost complete before the clueless and incompetent Tinubu gate-crashed into Aso Rock .
Yet some people on TV, radio etc would want to credit Tinubu who did nothing!

chimex38:

I like your angle to it.
I also hope for the best without much dilution.

ok make I give you my maths angle based on my purchases which was a bet then.
I have 2 batches of purchase then on my bet naija stock
The first was BE of less than #10
The second has BE of less than #15
It is this third that I was targeting #65 and below hoping the news will come late

Now if oando gives me 1 for 12.If I decide to sell @#70.I will have 8 figures as proceeds
This has covered the cost for all the batch 1 purchase plus enough change
If the second distribution happens this yr again.The proceeds will cover batch 2 if the unit I get is the same as the first distribution.
Therefore my money that will be left in oando will be the one for this batch 3.
The first and second batch of oando shares go now be free units.Abeg I nobe witch. I appreciate that effort coming from wale.
Pls this is applicable to my situation in oando investment going forward.

From Twitter

mikeapollo:

Even the rehabilitation and current production at the PH refinery was largely due to Buhari's effort in awarding the contract which was almost complete before the clueless and incompetent Tinubu gate-crashed into Aso Rock .
Yet some people on TV, radio etc would want to credit Tinubu who did nothing!

SHut up............... tell your papa to gate-crashed like TInubu. Tinubu has done well in Oil sector.

Emir01:


SHut up............... tell your papa to gate-crashed like TInubu. Tinubu has done well in Oil sector.

Please Emir this is highly uncivil. I usually respect you in one group that we share unless it's a different moniker

Edit thisimmediatetly!

Emir01:

SHut up............... tell your papa to gate-crashed like TInubu. Tinubu has done well in Oil sector.

Panadee:


Gambling Analysis

FIDELITY EGM Resolution

https://doclib.ngxgroup.com/Financial_NewsDocs/43112_FIDELITY_BANK_PLC-EGM_RESOLUTIONS_FEB_6_2025_CORPORATE_ACTIONS_FEBRUARY_2025.pdf

KarlTom:
Edit thisimmediatetly!

Ogami , tell dat Apollomaster to edit d nonsense hin 2 type. Shey Tinubu na hin Papa mate abi na so e dey insult hin papa too.

Na yeye pikin wey dey insult hin Papa go come online like mikeapollo come insult anoda pesin Baba . So na house dem dey send dem kind to so dat hin mama and Papa wey no train am well too go collect.

I hate nonsense and ingredient o.

Streetinvestor2:
But not the type you have in elleh lake based on recent quater results. One is crawling out of the hole and the other is digging more of the hole. Which of the hope do you prefer

I preferred the one that is using equity to tie us down with plenty debt without clear plan on how to clean it up when others are paying dividends. It's only a 419 CEO that cares about the price of his company stock, a good company will always be priced accordingly later or sooner.


Buffet said when company management/ CEO are concern about the price of their stock in the market then they are being economical with the truth.

Somebody said I just pray price of oil no come down when it's obvious the majority are interested in cheap energy...

When investment turned prayer point?.


I just wanted to give you this simple arithmetics, check ellahlakes balance sheet then take total assets - total liabilities then divide by it os..that is the worst case scenario. Do the same thing for your betniaja stock then let me know your answer.

It's a risk that worth it, looking at risk and reward probabilities on ellahlakes.

Oyel they bring money oooooooo..



Because I did not agree with what is happening with o and o does not make it a bad stock n doesn't mean people can't make money from it, learn this and have your peace of mind.

We can't all be on the same page regarding investments.

crownprince2017:


I preferred the one that is using equity to tie us down with plenty debt without clear plan on how to clean it up when others are paying dividends. It's only a 419 CEO that cares about the price of his company stock, a good company will always be priced accordingly later or sooner.


Buffet said when company management/ CEO are concern about the price of their stock in the market then they are being economical with the truth.

You try.For me I can not choose death over sleep..It is only in death you can initiate paparazzi with brokers..Is thr crude oil in the ground...yes
Is thr palm oil anywhere....NO..
Is thr revenue generated in crude oil.....yes
Is thr revenue generated in palm oil......No

Emir01:


SHut up............... tell your papa to gate-crashed like TInubu. Tinubu has done well in Oil sector.

mikeapollo:

Even the rehabilitation and current production at the PH refinery was largely due to Buhari's effort in awarding the contract which was almost complete before the clueless and incompetent Tinubu gate-crashed into Aso Rock .
Yet some people on TV, radio etc would want to credit Tinubu who did nothing!

Hope this isn't a politically/ethnically inspired spat

yMcy56:
These CHI PLC guys are very funny...
This market can be funny at times...
If you have it, just 'Hold'
My amateur advice.

Can when this Eterna was being mentioned here......all the way from below 10..
I'm still watching it for the day it will hit my dream analysis price....
Funny enough I don't have any....

CADBURY not doing bad in market today.....
PZ is under watch as well.....it will deliver at its own time too.

** Not any form of advert **

My own be say from January to December you be amateur, you don dey this market my nephew enter JSS1 come out, now she dey 4th year, u still be amateur. Nawo for you o, when will you finally graduate nah, all your mates done move o, to next level, Ok nah.

crownprince2017:
Somebody said I just pray price of oil no come down when it's obvious the majority are interested in cheap energy...

When investment turned prayer point?.


I just wanted to give you this simple arithmetics, check ellahlakes balance sheet then take total assets - total liabilities then divide by it os..that is the worst case scenario. Do the same thing for your betniaja stock then let me know your answer.

It's a risk that worth it, looking at risk and reward probabilities on ellahlakes.

Oyel they bring money oooooooo..



Because I did not agree with what is happening with o and o does not make it a bad stock n doesn't mean people can't make money from it, learn this and have your peace of mind.

We can't all be on the same page regarding investments.

The last time I checked I did not quote you..You quoted my post as hope .So the statement that we can not be in the same stock is not valid
Elleh and asset is far apart. Do you know the invisible asset beneath the ground for oando. I hope you know that asset is what they bought. And finally don't wish for oil price crash because you have your reservation about a stock.If oil price goes down even seplet,aradel and the country will be in problem not just oando

One way is to have a clear investment/trading plan then stick with it and apply it no matter the stock.

crownprince2017:
Somebody said I just pray price of oil no come down when it's obvious the majority are interested in cheap energy...

When investment turned prayer point?.


I just wanted to give you this simple arithmetics, check ellahlakes balance sheet then take total assets - total liabilities then divide by it os..that is the worst case scenario. Do the same thing for your betniaja stock then let me know your answer.

It's a risk that worth it, looking at risk and reward probabilities on ellahlakes.

Oyel they bring money oooooooo..



Because I did not agree with what is happening with o and o does not make it a bad stock n doesn't mean people can't make money from it, learn this and have your peace of mind.

We can't all be on the same page regarding investments.

KarlTom:
The bolded might be interpreted as taking things personal. It was not an Executive Act of PBAT.

There is what we call the Production Curtailment and Domestic Crude Oil Supply Obligation Regulations (DCSO) 2023 which is issued AND enacted by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) as premised on Section 109 (2) of the PIA...

The Petroleum Industry Act (PIA) was signed into law on 16th August, 2021

OK.. maybe I should've used obliged instead of forced.
(But that's how I perceive executive orders just as Trump is doing ).
Nothing personal.

The PIA might have provided for the DCSO as you stated to sell quotas to local refinery.
But the currency of transaction of crude-sale was changed to Naira by PBAT.
It was in the news then.
My emphasis is on the use of the Naira for local transaction rather than the usual Dollar 💵

CHAMS!!!!

Streetinvestor2:
ok make I give you my maths angle based on my purchases which was a bet then.
I have 2 batches of purchase then on my bet naija stock
The first was BE of less than #10
The second has BE of less than #15
It is this third that I was targeting #65 and below hoping the news will come late

Now if oando gives me 1 for 12.If I decide to sell @#70.I will have 8 figures as proceeds
This has covered the cost for all the batch 1 purchase plus enough change
If the second distribution happens this yr again.The proceeds will cover batch 2 if the unit I get is the same as the first distribution.
Therefore my money that will be left in oando will be the one for this batch 3.
The first and second batch of oando shares go now be free units.Abeg I nobe witch. I appreciate that effort coming from wale.
Pls this is applicable to my situation in oando investment going forward.

I get you perfectly.
I was only saying Profit should increase this 2025 to help cover principals-debts gradually and hence discourage coming to the market to raise funds. and even if they eventually do, it will be very minimal.
But from such an entry level of yours and @ current price, any possible dilution is very far from you

It's s unfortunate that someone that once said he can't invest without physical fact is investing in imagined numbers.

This is interesting to see..

I pray oil price no come down so that oando can make money, is this a new investment strategy now?

Investment that you need to go mountains to pray can only bring hypertension.


Oyel money no need prayers, if ellahlakes not get am right we go share the asset..

I once said if you want to wait for fact before you can invest in a company, the chances are you will only be able to make money for food n not jackpot money that will bring the big breaks we all hope for.

You have to see it before others..

toyeoye:


Correction, Street analysis

Lol...so you dey follow thread? Here I thought you only speak "stockbubbles".

Nice site by the way. Kudus!👍

My glorified micro finance Bank is doing well.

crownprince2017 :
It's s unfortunate that someone that once said he can't invest without physical fact is investing in imagined numbers.

This is interesting to see..

I pray oil price no come down so that oando can make money, is this a new investment strategy now?

Investment that you need to go mountains to pray. can only bring hypertension.


Oyel money no need prayers, if ellahlakes not get. am right we go share the asset..

Oga if you don't know anything in this business till now.You should quit and go try something else. What is the imaginary numbers. You rushed to quote my post as hope analysis to get likes.Did you not see oando q4 results and FY unaudited results. Thr was good improvement in the q4 results and q1 2025 will be better because revenue will definitely increase because production is expected to be higher. If you no sabi FA stop pretending to know it.
The last ellah lake result I saw had no revenue
generation. They made expenses from the Air and retained earnings was heading more south.
Bro if you no sabi the business. Is better you calm down to learn and stop doing notice me.What bloody asset that is not generating a kobo abi na me prepare the results. The internal and external auditors prepare the results so how do you call it imaginary. Since na imaginary. How do you know the asset you claim for ellah lake exist
Oga go sleep you dey claim watin you no sabi for the business.
If you sabi watin you dey do you for sabi say oil price crash na bad business for everyone mostly the economy

chimex38:

Lol...so you dey follow thread? Here I thought you only speak "stockbubbles".

Nice site by the way. Kudus!👍

A nice thread worth following for the investment or is it stock speculation biased. A fair dose of fundamentals, technicals, jokes and gbas gbos making it not monotonous. If I no need the fundamental or gbas gbos post I just jump ahead if I need I read and take (widen my view) or enjoy what it brings.

We are technically on same page.

PBAT, in this scenario, acted as the Minister of Petroleum Resources in which capacity the proposal was presented to [and adopted by] the FEC headed by the President

The bolded is Minister BAT

chimex38:

OK.. maybe I should've used obliged instead of forced.
(But that's how I perceive executive orders just as Trump is doing ).
Nothing personal.

The PIA might have provided for the DCSO as you stated to sell quotas to local refinery.
But the currency of transaction of crude-sale was changed to Naira by PBAT.
It was in the news then.
My emphasis is on the use of the Naira for local transaction rather than the usual Dollar 💵

Streetinvestor2:
Oga if you don't know anything in this business till now.You should quit and go try something else. What is the imaginary numbers. You rushed to quote my post as hope analysis to get likes.Did you not see oando q4 results and FY unaudited results. Thr was good improvement in the q4 results and q1 2025 will be better because revenue will definitely increase because production is expected to be higherl . If you no sabi FA stop pretending to know it.
The last ellah lake esult I saw had no revenue
generation. They made expenses from the Air and retained earnings was heading more south.
Bro if you no sabi the business. Is better you calm down to learn and stop doing notice me.What blood asset that is not generating a kobo abi na me prepare the results.

I dey Ellah and Oando.
Ellah is ing through the development stage of a new business. Maybe the palm trees are still in the nursery. As I dey pray make crude oil price no drop nah so I dey pray make Ellah lakes palm trees begin fruit and make palm oil price stay high. Then the company will move to cash cow stage. In both Ellah and Oando patience is key. Person wey no get patience or want now now cash cow stock can go for Presco or Seplat or Geregu sef.

phadriz:
CHAMS!!!!

Why dem no fit spell quarter for top of the page nah?

KarlTom:
We are technically on same page.

PBAT, in this scenario, acted as the Minister of Petroleum Resources in which capacity the proposal was presented to [and adopted by] the FEC headed by the President

The bolded is Minister BAT

Lol... I get you now.
I forget say PBAT na still Chiarmo for that side
Na Lokpobiri Kyari sef i think say na Minister
Na him visible for media .

SonofElElyonRet:

Why dem no fit spell quarter for top of the page nah?

All these Eagle eyes

Streetinvestor2:
Oga if you don't know anything in this business till now.You should quit and go try something else. What is the imaginary numbers. You rushed to quote my post as hope analysis to get likes.Did you not see oando q4 results and FY unaudited results. Thr was good improvement in the q4 results and q1 2025 will be better because revenue will definitely increase because production is expected to be higher. If you no sabi FA stop pretending to know it.
The last ellah lake result I saw had no revenue
generation. They made expenses from the Air and retained earnings was heading more south.
Bro if you no sabi the business. Is better you calm down to learn and stop doing notice me.What bloody asset that is not generating a kobo abi na me prepare the results. The internal and external auditors prepare the results so how do you call it imaginary. Since na imaginary. How do you know the asset you claim for ellah lake exist
Oga go sleep you dey claim watin you no sabi for the business.
If you sabi watin you dey do you for sabi say oil price crash na bad business for everyone mostly the economy

Is oando profit more than debt _ no

Is oando asset more than the debt - no

Is oando shareholders fund wiped out? Yes

Did oando need re capitalization- yeah

What are the causes of oando debt-bad
management

Is oando changing business - no

So where is the yeye FA?


Is Ellahlakes changing business -yes

Is Ellahlakes debt more than asset - no

What are the causes of ellahlakes debt- investing in palm trees n land banking

Did ellahlakes need recapitalization-no

What FA does oando has right now, are you sure you even know what FA is?

We in ellahlakes accept we are investing in hope which you said it's not a strategy that you must see it physically, where is that physicality in oando now.

I no need sabi anything than knowing how to make money from the market. Na una sabi all with hope and prayer analysis..