Oando (JSE: OAO)
- Open
- R0.33
- Prev Close
- R0.30
- Day High
- R0.33
- Day Low
- R0.32
Key statistics
| Market cap | R3.7B |
|---|---|
| P/E | 1.2 |
| EPS | N/A |
| Div yield | N/A |
| 52W high | R0.34 |
| 52W low | R0.13 |
| Volume | 34K |
| Listed | N/A |
Price and fundamentals data is supplied by EODHD, with Yahoo Finance as a fallback source. Sentiment is computed by StockTalk SA from 13 live member stances recorded by registered members on this page.
What the community is sayingBullish
Oando PLC (OAO) is trading at 0.33 with a 10 percent gain today, reflecting a positive market sentiment among investors discussing the stock's strong performance.
Summarized from 3 posts · updated nightly
OAO at 12 cents is pricing in serious distress, and with energy majors carrying debt loads that make recovery slow, the dividend yield trap isn't worth the risk unless management proves operational turnaround on the next results. Revenue growth matters less when the balance sheet
Grabbed some OAO at 26c on the basis that oil majors aren't pricing in a sustained recovery, but the dividend yield sits at nothing and the balance sheet needs watching before I add more.
OAO up 52% today is wild, but at R0.29 the stock's still trading at distressed levels. Need to see if this is genuine momentum or just short covering, because the fundamentals haven't changed overnight.
Do you think the rand weakness helps or hurts them. Most of their cash is naira denominated right, so when we weaken against dollar the conversion gets messier. Not sure about this one.
OAO sitting at R0.25 is honestly mental value given what they're pulling from upstream and the retail footprint across West Africa. Nigerians energy plays always get hammered on sentiment but the fundamentals in their production and downstream are solid compared to what you're paying. Long term this thing should be worth way more if they can sort their balance sheet out.
OAO sitting at R0.25 is pretty cheap for an energy play with upstream and downstream assets across West Africa. The rand weakness helps the Nigeria side but refining margins have been under pressure, worth watching the next quarterly numbers to see if production volumes are holding up. Long-term if they can stabilize cash flow and sort the downstream bit they could be interesting value here.
Pulled the latest financials on OAO, upstream production numbers interesting ngl