NewStats: 3,265,248 , 8,186,125 topics. Date: Saturday, 14 June 2025 at 05:10 AM 5f68296382y |
Nigerian Stock Exchange Market Pick Alerts (13187139 Views)
zendi: 2:27pm On Feb 22 |
mikeapollo: Quite right. |
megawealth01: 3:50pm On Feb 22 |
Raider76: Ok |
Zagee: 4:04pm On Feb 22 |
Oando better make money after all this Maradona es of shares redistribution. Too much drama! 🙌🏽 |
zendi: 4:38pm On Feb 22 |
Oando needs to hire a Top ing Maradona to help prepare a Nuclear Q1 Result. ![]() |
Picky1: 4:53pm On Feb 22 |
zendi: People need to and think 'what if'....what happened during Conoco Phillips acquisition years back happens again? Investing has always been a risk since time immemorial! ![]() |
SonofElElyonRet: 6:45pm On Feb 22 |
zendi:You are suggesting they cook the books eh ![]() |
zendi: 7:15pm On Feb 22 |
SonofElElyonRet: God forbid ! Far be it from me to suggest crime. You know that Maradona is a personal name. I mean there is one good turnaround ant by name Maradona who can help them craft an accurate Q1 Result. ![]() |
KarlTom: 7:25pm On Feb 22 |
Let me drop my 2cents. I also bore similar a view to the bolded until I did more digging. Here's what I discovered: 1. According to Statista, as at 2018, Trinidad and Tobago (T&T) has proven oil reserves of 214m barrels as well as natural gas deposits totalling 11trn standard cu feet (scf) – which represents 0.2% of the world’s gas reserves. That sharp drop between 2015 and 2018 needs to be investigated. 2. In 2018, T&T exported 12.2m tonnes of LNG, making it the 8th largest exporter of the commodity worldwide, with a 3.9% share of the international market, according to the International Gas Union (IGU). 3. The Refinery in question (also called Pointe-a-Pierre Refinery) is a 168 Mbpd oil refinery. It happens to be the ONLY refinery in T&T 🤔. It was shutdown in 2018 due to very poor gross refining margin. At this time over 70% of the refined crude was imported. The source of imports were from Russia, Venezuela, Colombia, Brazil, Nigeria, DRC and Gabon. 4. T&T has a daily local demand of about 32.5 mbpd. If OandO can get the Refinery running at min 50% capacity they will be getting 84 mbpd. That leaves an excess of over 50 mbpd for export. For context, the trading arm of OandO generated about 57% of their annual income in 2023. A foreign influx of USD revenue cannot be ignored. .. OandO Group has tried severally to own a refinery either by building or acquisition. See https://www.oandoplc.com/press-release/oando-completes-detailed-bankable-feasibility-on-its-oil-refinery https://dailytrust.com/fg-grants-approval-for-oando-eni-to-fix-p-harcourt-refinery/ Raider76: 3 Likes 1 Share |
KarlTom: 7:35pm On Feb 22 |
Should be between $400m and $600m Your 'source' is probably Billionaire Africa ![]() zendi: |
KarlTom: 7:37pm On Feb 22 |
You quickly Maradona'd your way with the disclaimer... ![]() ![]() zendi: |
chimex38: 7:40pm On Feb 22 |
KarlTom:Human AI researcher...oshey |
zendi: 8:18pm On Feb 22 |
KarlTom:This is more like it, for the sake of sanity. You're well versed in the industry. Please what is an oil block? Our friend Mikeapollo must own some blocks within the Oando Empire. ![]() |
SonofElElyonRet: 8:34pm On Feb 22 |
zendi: Artful dodger 🤔 |
zendi: 8:48pm On Feb 22 |
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phemmie06(m): 8:54pm On Feb 22 |
servicom101: I doubt it if you know what you're advertising and if you do then you don't have. There always a potential buyer for it on your exchange. |
zendi: 9:15pm On Feb 22 |
SonofElElyonRet:If you wan use Lawyer Sense catch me, I go use Maradona Sense escape. ![]() |
chimex38: 10:06pm On Feb 22 |
KarlTom: https://energynow.tt/blog/increasing-oil-reserves-in-tampt/ Reason for the sharp drop(offshore) attributed to: Natural causes ![]()
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Streetinvestor2: 10:33pm On Feb 22 |
Wale use part of oando money flex we they complain. Alhaji just gave out 8 Biklion when sugar shareholders dey cry from mega lose These men na this same train carry them oh. |
megawealth01: 11:01pm On Feb 22 |
phemmie06: He's looking for magas |
essentialone(m): 5:44am On Feb 23 |
Appointment of Stanbic IBTC Stockbrokers as the official Federal Government of Nigeria Stockbroker by the DMO on February 20, 2025.
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essentialone(m): 6:27am On Feb 23 |
Chams and eTranzact are two notable players in Nigeria's fintech and payment solutions space. Chams is a leading Nigerian fintech company with over 38 years of experience in providing innovative technology solutions. They have four subsidiaries, including ChamsSwitch, CardCentre Nigeria Limited (CCNL), ChamsAccess, and ChamsMobile, each offering unique solutions for individuals and businesses. On the other hand, eTranzact is a pioneering mobile banking and payment services company in Africa. They offer a range of services, including mobile payments, agency banking, and USSD services, making financial transactions more accessible and convenient. Interestingly, both Chams and eTranzact have been recognized for their innovative solutions and contributions to Nigeria's fintech ecosystem. Chams has received awards such as the ICT Company of the Year, while eTranzact has been recognized as a leading fintech solutions provider. In of their presence in the Nigerian stock market, Chams is listed on the Nigerian Stock Exchange (NSE), while eTranzact is also a publicly quoted company on the NSE. https://www.timesng.com/news/more-news/776232-tinubu-pledges--for-fintech-firms-as-flutterwave-seeks-listing-on-nigerian-exchange.html |
ositadima1(m): 11:33am On Feb 23 |
If my TA projections are any good, we may see Oando drop below 50 in the short term, possibly around 46. But, it may recover quickly as investors who bought at higher levels attempt to average down. As a new investor, be sure to analyze carefully before making a buy decision at current price. ![]() 5 Likes |
designking: 12:19pm On Feb 23 |
ositadima1:Very possible... The downward trend is not easing soon. |
Streetinvestor2: 1:43pm On Feb 23 |
ositadima1:It will be wonderful to see it fall to such level. WAPCO pls do fast and pay me if you are still delisting. I need to reinvest I'm oando |
thebargainhunte: 1:51pm On Feb 23 |
ositadima1:Oando getting to that price maybe attributed to share redistribution, but oga may not like to distribute it now cos it will tank the price further.I only see Oando at the range of #55-63 this week. |
Bagwa: 1:53pm On Feb 23 |
6 Likes |
SonofElElyonRet: 1:59pm On Feb 23 |
zendi: ![]() |
mikeapollo: 4:42pm On Feb 23 |
thebargainhunte:Oando can easily fall below N50.in the next few days. Those who qualified for the first tranche may still sell some of their units. Only very good news like solid Q1 2025 results, more acquisitions, etc would create renewed interests in Oando for now. But I think it is a stocks to buy and hold. It can cross the N200 mark in few years from now especially after the share redistribution is complete. |
KarlTom: 7:07pm On Feb 23 |
It is a block that gives oil 🛢️ ![]() zendi: |
mikeapollo: 7:46pm On Feb 23 |
KarlTom: Lol ! |
mikeapollo: 7:47pm On Feb 23 |
zendi: Lol ! ![]() You for no see or hear me on this forum. Wetin you wan say about Wale and his gang that own the company and have been buying real oil bloc since decades ago.. My own na just paper shares like anyone here. |
emmaodet: 8:18pm On Feb 23 |
In bull markets, investors only see opportunity and are blind to the risks. In bear markets, investors only see risks and are blind to opportunities 10 Likes 1 Share |