Oando PLC

You have Honeywell Flower, Dangote Sugar.

You have Oando, which is oil.

You have United Capital First Hold, Wema Bank, Transnational Corporation, Zenith Bank.

That's all banking, FCMB.

Before we go any further, I want us to revisit the book, "Making It Big," because there's something in the book that will serve as a foundation of whatever we are going to talk about in Femi Otedola 2.0, the man that hit the $2 billion mark and re-engineered or engineered a successful comeback.

In Femi Otedola 2.0, we are looking at Lesson 15 in his book, "Making It Big." And in that chapter, the first page is a statement by the MD or the CEO of Oando PLC, Wale Tinubu, a profound, astute, and legendary businessman in Nigeria and all of Africa.

He says that Femi Otedola is a master of reinvention, and I want you to take note of this statement.

He is a master of reinvention.

At the same time, investors are watching its IPO and its growing fuel exports to Europe.

Elsewhere in Nigerian energy, Aradel, Ceplat and Owando ended the first half with combined cash of about N2.86 trillion as they prepare for additional drilling and production investment.

In Côte d'Ivoire, Petrobras signed production sharing agreements covering eight offshore exploration blocks.

taking a 90% interest in each block.

But over the past week, Sasol was the second best share price performer on the JSE.

Number one on the list, Oando, an energy company in Nigeria.

So oil, all the rage, even on the name that no one ever talks about.

Ghost, that's super interesting, right? I mean, I have exposure to the oil or the energy sector in general, not to SASL.

I also have a few other stocks on my radar.

Oando on my radar today, I think Oando has a call of some sort.

So I'll be watching to see if there's anything we can glean from that call.

It's a busy day.

So the point I'm trying to make is, they brought out that list, and I know a lot of people now, their whole focus would be to go and focus on buying those things on that list.

I've seen all kinds of questions as far as some stocks being on the list, like Oandu.

We, last week, we saw a market report from Renaissance saying Oando has, it's grossly undervalued and they were looking at Oando getting to 135 Naira.

And then FTSE Russell comes and Oando is on their list.

And I see people tweet all kinds of things about companies, and I just laugh.

The information these people have, you don't have it.

So let's not get it twisted.

And that's what really is happening with those two banks.