NewStats: 3,264,086 , 8,182,551 topics. Date: Monday, 09 June 2025 at 03:45 PM 2n2x5e

Sunrisepebble:
I don’t agree with No.5. The liabilities on the balance sheet is not a joke

No be attack o and make you no take my post personal. If you can be kind enough to share your thoughts on below queries that would be good.

Why do you think Oando can't get out of their financial mess ever? At least, that is how your response came across.

What is the no-joke liabilities? N6.8T
What is the total assets? N6.4T
Equity? c. (N400B)

A negative equity of N400B is insurmountable for an O&G company sitting on 2P Reserves of 1BBOE with a net cash flow of N16.5T over the life of the producing asset?

P.S. Not a recommendation to Buy or Sell Oando.

Something interesting is happening for those looking for some budding opportunities in....articles are free
https://ewnation.com/apples-low-price-is-a-good-bet/
https://ewnation.com/are-teslas-beautiful-bulls-coming/

Agbalowomeri:


Why do you think the billionaires in Nigeria are rushing to own a bank? For dividends?😂
They all get ridiculous interest rates on their loans!

Oga and Egbon Agba, you have hit the nail on the head and driven it through. The billionaires with adept enterprise will do anything to own significant holdings in a bank or a non banking financial institution.

What they do most of the time is to pool funds together with their peers through SPVs to own such institutions and have their representative(s) on the board to look after their interests.

PuristForest:
Something interesting is happening for those looking for some budding opportunities in....articles are free
https://ewnation.com/apples-low-price-is-a-good-bet/
https://ewnation.com/are-teslas-beautiful-bulls-coming/

Re Tesla: Is this regardless of the sour relationship between E. Musk and D. Trump?

Mankind2024:
According to Cosmos Maduka, Chairman of Coscharis, in a video interview, bank directors are allowed to borrow at sub-prime rates. This raises interesting questions about the dynamics of insider lending and potential conflicts of interest in the banking industry.

Exactly 💯 💯. Owning a seat on the board of any banking or non banking financial institution is an important grail in today's economic world.

Imagine getting loans at single digits or the lower band of ten to conduct your business in today's world. It's like getting free cash to do whatever you want to do and still reaping more rewards.

The other side is when you get government assistance during turbulent times to keep you afloat. A good example is Unity Bank that has been getting to stay afloat because of the influence of some powerful politically exposed persons that have or had seats on their board for several decades.

Banking has always been like a grail in the economic world.

You see those VFD guys, their Microfinance Bank (VFD MFB), Asse Management Firm (Anchoria AM) and Mortgage Bank (Abbey Mortgage) gave them significant leverages for leaps and giant strides.

You omitted the fact that there are non-banking stock opportunities. Some were mentioned in a nairametrics article

Sunuassur
Eunisell
Conoil
Tanscorp
Tantalizer

Mankind2024:
If you believe the current stock prices are high, you might be hesitant to invest, potentially missing out on market opportunities while you hold onto cash or opt for fixed-income products. Meanwhile, I hope you were able to secure allocations in the recent bank rights and public offers.

Sunrisepebble:
This is you here in of a similar point I had raised about the result, so idk why you’d think it’s personal now.
I’ve always pointed out the red flags in the stock but maintained that one can also make money it which too I have tried.
Anyways this is the last I will touch on Oando

Oga ooo, no be like dat o, I thought we be group of like minded friends.

PharoahIII:
Does anyone think oando is a good buy ?

No one.

The ppl who spent N1.2b on Oando yesterday, pushing it up by maximum 10%, think it's the best lagoon to dump that money in.

ololufemi:


Let me also chip in a few words. Early investors especially employees from Shell, ExxonMobil, Total Upstream, banks and many Investment or Asset Management Companies purchased Niger Delta Exploration Production PLC (now Aradel PLC) when its price was around NGN150 to NGN200 per unit. A lot of them sold on the floor of the NASD when the shares were split and listed on that platform.

What I have noticed is that the mega guys do not sell their shares, they mostly do cross deal to their SPVs, etc. As a matter of fact, they use such opportunities to purchase more shares not only because of capital appreciation but use those shares and dividends that accrue from them as collateral to collect flexible loans and mortgages at significantly discounted rates which reduces the amount of income tax they have to pay to the government (you don't pay taxes on loans).

If you check their personal income statements, most of their taxes are recorded based on VAT and transactions they do in the financial markets to which they sometimes get rebates on especially those ones linked to FGN bonds and Treasury Bills.

That is why many C Suite executives in top companies listed on the NGX receive the larger chunk of their remuneration through bonus shares of companies they work in. It could also apply to other employees at lower levels when such employees have met the vesting period of such organisations.

It is similar to what Oga Emma encourages us to do which he shares on this platform whenever he talks about taking loans using shares as collateral. One of the differences is that these guys get theirs at significantly discounted rates.

When you hear someone like Karl Toriola collecting over NGN400 Million as annual remuneration, you should note that a significant amount of that remuneration is given to him through shares in MTN (local and international) shares.

In addition to this, as long as companies continue to pay dividends, they will be within the investing zone captured by most non banking financial institutions such as open and closed pension fund s, insurance and asset management companies thereby creating investment outlets for some of these companies.

Na average Joe dey quick buy amd sell shares to meet personal needs. The wealthy dey use shares to collect loans or mortgages to reduce the taxes they pay to government. When those share prices increase significantly, they use the equity release option to get more cash in their hands to enable them reduce their obligations or increase their loans.

Smart

zendi:
No one.

The ppl who spent N1.2b on it yesterday, pushing it up by maximum 10%, think it's the best lagoon to dump that money in.

Your mouth eh

GeneralDae:

When you read the report you would see that comparatively on the average, the bad loans seemed to have reduced significantly in Q1 2025. I think Q2 would give us even more perspective but so far 2025 doesn’t seem that bad compared to 2024.

Sir, see all the adjectives you used
Comparatively, on the average, seemed, seem that bad.
With all due respect sir, if you will indulge me and not take my response as impertinent, this is a noncommittal tangentially misleading response.

Sunrisepebble:
I don’t agree with No.5. The liabilities on the balance sheet is not a joke

Will Oando come out of its financial hole, and your response is NO, a definitive obituary view of Oando.

I reject it violently.

But I equally violently defend your right to an opinion, and your free speech.

zendi:
No one.

The ppl who spent N1.2b on it yesterday, pushing it up by maximum 10%, think it's the best lagoon to dump that money in.

Na wa o

zendi:
Will Oando come out of its financial hole, and your response is NO, a definitive obituary view of Oando.

I reject it violently.

But I equally violently defend your right to an opinion, and your free speech.

This is called MATURITY 😘

ositadima1:


So, banks lend below the MPR set by the CBN? Well, anything is possible — but that would reflect on their financials, because lending below the MPR would definitely lead to losses. Apart from criminal activities ooo.

Banks give rate below mpr. It has been like that for long. The lending rate In Nigeria is because criminals want to game the system. If you have good relationship with the bank you will get rate below mpr

REGALINS 4-for-5 bonus which was approved by the Board in August 2024 is just being sent to NAICOM for approval.

https://doclib.ngxgroup.com/Financial_NewsDocs/44243_REGENCY_ALLIANCE_INSURANCE_PLC-BOARD_RESOLUTION_CORPORATE_ACTIONS_JUNE_2025.pdf

Amen 🔥

zendi:
Will Oando come out of its financial hole, and your response is NO, a definitive obituary view of Oando.

I reject it violently.

But I equally violently defend your right to an opinion, and your free speech.

KarlTom:
REGALINS 4-for-5 bonus which was approved by the Board in August 2024 is just being sent to NAICOM for approval.

https://doclib.ngxgroup.com/Financial_NewsDocs/44243_REGENCY_ALLIANCE_INSURANCE_PLC-BOARD_RESOLUTION_CORPORATE_ACTIONS_JUNE_2025.pdf

Nawaoh oooooo

Both Musk and Trump have disgraced themselves, to avoid using more negative words.
And I am pro-MAGA by sentiments.

They both quickly went public with their break up and feuding, like two Kings dancing naked in the street, comforting and entertaining their enemies.

They could learn from the the English Monarchy, that remained aloof and taciturn in the face of all provocations from Prince Harry.

And this split is final. The bridge is burnt. Musk has called for Trump's impeachment, an act viewed by an incumbent as the peaceful form of a coup attempt. It will not be forgiven by vindictive Trump, let alone forgotten.

Food for thought for Tesla investors.

The recent spat between DJT, the 47th President of the US, and Elon Musk, the world's richest individual, reminds me of Afrikan China's iconic lyrics: 'In this life, your worst enemy can be your best friend, you never can tell...'. This phrase resonates in the context of their public feud, which has negatively impacted the NASDAQ and S&P 500. As a self-investor, I'm curious to know what lessons others can glean from this social media war. For me, one key takeaway is that the equity market can be unpredictable and reactive, much like human behavior. What are your thoughts on the valuable lessons we can learn from this feud?


https://www.youtube.com/watch?v=S6IU2jlyYBU?si=JEMpQ5MFbAdrQXWU

Someone once asked me why I don't respond to many messages on social media. Here is my response "20m Nigerians are battling with mental health issues" (World Health Organization). Most people come online with the intention to be viole*t without civility so what I do is simply to ignore them. I consider those civil in their responses MATURED

Mankind2024:
The recent spat between DJT, the 47th President of the US, and Elon Musk, the world's richest individual, reminds me of Afrikan China's iconic lyrics: 'In this life, your worst enemy can be your best friend, you never can tell...'. This phrase resonates in the context of their public feud, which has negatively impacted the NASDAQ and S&P 500. As a self-investor, I'm curious to know what lessons others can glean from this social media war. For me, one key takeaway is that the equity market can be unpredictable and reactive, much like human behavior. What are your thoughts on the valuable lessons we can learn from this feud?


https://www.youtube.com/watch?v=S6IU2jlyYBU?si=JEMpQ5MFbAdrQXWU

Many are saying it's staged anyways but all fingers crossed

zendi:
Both Musk and Trump have disgraced themselves, to avoid using more negative words.
And I am pro-MAGA by sentiments.

They both quickly went public with their break up and feuding, like two Kings dancing naked in the street, comforting and entertaining their enemies.

They could learn from the the English Monarchy, that remained aloof and taciturn in the face of all provocations from Prince Harry.

And this split is final. The bridge is burnt. Musk has called for Trump's impeachment, an act viewed by an incumbent as the peaceful form of a coup attempt. It will not be forgiven by vindictive Trump, let alone forgotten.

Food for thought for Tesla investors.

My interest in all these is my investments ooooo

Itzlinda:


Banks give rate below mpr. It has been like that for long. The lending rate In Nigeria is because criminals want to game the system. If you have good relationship with the bank you will get rate below mpr

In other words, it's like a bank choosing to gift you money—similar to how a store owner might sell goods below cost price?

ositadima1:


In other words, it's like a bank choosing to gift you money—similar to how a store owner might sell goods below cost price?

Not below cost price. Just a discount from a store owner for bulk purchase or continuous patronage

zendi:
No one.

The ppl who spent N1.2b on Oando yesterday, pushing it up by maximum 10%, think it's the best lagoon to dump that money in.

@zendi so what do you recommend to buy , what can give me 500% in 4 or 5 yrs

moneymanager:


Sir, see all the adjectives you used
Comparatively, on the average, seemed, seem that bad.
With all due respect sir, if you will indulge me and not take my response as impertinent, this is a noncommittal tangentially misleading response.

Omo my head wan blow after reading this array of adjacent grammar

PharoahIII:


@zendi so what do you recommend to buy , what can give me 500% in 4 or 5 yrs

Na CIBEX 2.0 go catch you last las

Mankind2024:
The recent spat between DJT, the 47th President of the US, and Elon Musk, the world's richest individual, reminds me of Afrikan China's iconic lyrics: 'In this life, your worst enemy can be your best friend, you never can tell...'. This phrase resonates in the context of their public feud, which has negatively impacted the NASDAQ and S&P 500. As a self-investor, I'm curious to know what lessons others can glean from this social media war. For me, one key takeaway is that the equity market can be unpredictable and reactive, much like human behavior. What are your thoughts on the valuable lessons we can learn from this feud?


https://www.youtube.com/watch?v=S6IU2jlyYBU?si=JEMpQ5MFbAdrQXWU

Looks like we both finnished typing Musk and Trump exactly the same time, and I beat you to the floor by my faster server hahaha. Take it in the spirit of sportsmanship.

Streetinvestor2:
You are right. I bought ucap below #1 and still holding.
It does not change the fact that some stocks on ngx have manipulated price. And aredel falls into such category like transcorp hotel,ote power company etc.We know how they started from the other floor. Then splited the shares like ground nuts.Made so much noise and pushed it to this floor and pumped it to #800.Go check the dividend then and now.Why are the guys who go millions via the spliting offloading it here now.If they had bought it on ngx floor they won't be offloading like what you have now.Infact many will be on loss

This written statement contain the bitter truth so many supposed 'investors' don't want to read or hear!

Any company whose shares you bought that cannot guarantee you at least 5% dividend yield which is paid every year is not a sustainable company or business in the long run or future.

A company that pays good dividend every year is a well managed one; and such company has intrinsic value which is directly related or proportional to the company's future positive results.

Itzlinda:


Not below cost price. Just a discount from a store owner for bulk purchase or continuous patronage

Ok, thanks.

Yes, you beat me. I guess you're using Starlink. My internet service provider is MTN

zendi:
Looks like we both finnished typing Musk and Trump exactly the same time, and I beat you to the floor because of my faster server hahaha. Take it in the spirit of sportsmanship.