myjoy08: My good Family, I applaud you for your uncommon patient despite many things being said. For easy understanding, I don’t have any insurance stocks in my own portfolio presently, but I will add some of this stocks to it very very very soon. Please do your due diligence on every stock before you put your hard earned money to it because I might be wrong sometimes as human concerns. Below are the lists of Insurance sector you should take a look at…

Consolidated Hallmark Insurance
Nem
Wapic
Mutual benefit
Sovereign Insurance
Aiico
International Energy
Prestige
Continental Reinsurance.
UnityKapital Assurance

Watch them closely; they have some very important deal going on…Best of luck.

how many insurance listed on nse left

Elai147:

Choi Universal Insurance no dey ooo. But we must still dump... e no get as e dey be pass.

Your own na only universal ins and you dey cry..

Wetin me go come talk

myjoy08: My good Family, I applaud you for your uncommon patient despite many things being said. For easy understanding, I don’t have any insurance stocks in my own portfolio presently, but I will add some of this stocks to it very very very soon. Please do your due diligence on every stock before you put your hard earned money to it because I might be wrong sometimes as human concerns. Below are the lists of Insurance sector you should take a look at…

Consolidated Hallmark Insurance
Nem
Wapic
Mutual benefit
Sovereign Insurance
Aiico
International Energy
Prestige
Continental Reinsurance.
UnityKapital Assurance

Watch them closely; they have some very important deal going on…Best of luck.

any way I will narrow to just 3

Wapic

AIICO

NEM.....

Elai147:

Choi Universal Insurance no dey ooo. But we must still dump... e no get as e dey be pass.

Sir, don't worry i will keep watching those one you mention closely with that of Oga Born2beRich, when i have some information about them, i wouldn't hesitate to keep you informed. Just stay tune and let's God lead us.

currentprice:

how many insurance left on Nse

Guy you better do your Due diligience as no one will be held liable for your picks.

feelamong:

any way I will narrow to just 3

Wapic

AIICO

NEM.....

Wa gbayi!

feelamong:

No worry second batch dey come out soon!

After dat batch then VC list go show... dis one will be largely IAI...

Bad guy

but my IAI shares don waka go.

Born2berich:

Type clean master browser on google play store search list then select the one with the sign of an orange cheetah.

For 4G browser type 4G touch browser on play store and download.. 4G touch browser has the blue dragon sign.

Both browsers are very good and fast. I advise you download both browsers.

Bros dem no dey o. Na ipad I dey use and e no dey App store. Any ipad user?

myjoy08: My good Family, I applaud you for your uncommon patient despite many things being said. For easy understanding, I don’t have any insurance stocks in my own portfolio presently, but I will add some of this stocks to it very very very soon. Please do your due diligence on every stock before you put your hard earned money to it because I might be wrong sometimes as human concerns. Below are the lists of Insurance sector you should take a look at…

Consolidated Hallmark Insurance
Nem
Wapic
Mutual benefit
Sovereign Insurance
Aiico
International Energy
Prestige
Continental Reinsurance.
UnityKapital Assurance

Watch them closely; they have some very important deal going on…Best of luck.

how far about Oando deal, has they concluded the deal, any idea?

Born2berich:

Thanks bro.

**Unic, Standard assurance, royalex and guinea insurance no dey this list**

what a long walk...

nitrogen:

Egbon, you need to re-read that report

OER is not OANDO Plc, will OANDO Plc revenue be $32.16 million in 3 months(page 4), net loss of $32.348 million ,the loss was mainly financial expenses of $34.8 million (page 6). I repeat one of the main reason of incorporating OER is to serve as the platform for current and future acquisition. So we are still expecting OANDO Plc financial report.Oando Energy Resources Inc. (“OER" is a publicly traded company listed on the Toronto Stock Exchange (“TSX”) under the symbol “OER”. OER was incorporated under the laws of Canada. OER’s registered office is located at 3400, First Canadian Center, 350 7th Avenue SW, Calgary AB, T2P 3N9, Canada and head office is located at 1230, 112 4th Avenue SW, Calgary, AB, T2P 0H3, Canada. OER and its subsidiaries (together, the “Corporation”) is involved in the acquisition of petroleum and natural gas rights, the exploration for and development and production of oil and natural gas primarily focused in Nigeria, and São Tomé and Príncipe. The ultimate parent company is Oando PLC, who owns 92% of the share capital of the Corporation and is the ultimate controlling party. Unless otherwise noted, all references to the “Corporation” mean OER and its subsidiaries. Page 7 of the report.
All we are witnessing in the market is sheer ignorance of the state of affair of Oando Plc.

feelamong:

No worry second batch dey come out soon!

After dat batch then VC list go show... dis one will be largely IAI...

And Oba list too. This one must contain universal insurance

Elai147:

Bros dem no dey o. Na ipad I dey use and e no dey App store. Any ipad user?

Guy buy android phone/pad joor

Elai147:

what a long walk...

Infact eh when i sell those stock commot na to carry enuff NL peeps go mama ejiro chop all the money finish..make sure you put your ears on ground when the time reach oo

4dchairman:
OER is not OANDO Plc, will OANDO Plc revenue be $32.16 million in 3 months(page 4), net loss of $32.348 million ,the loss was mainly financial expenses of $34.8 million (page 6). I repeat one of the main reason of incorporating OER is to serve as the platform for current and future acquisition. So we are still expecting OANDO Plc financial report.Oando Energy Resources Inc. (“OER" is a publicly traded company listed on the Toronto Stock Exchange (“TSX”) under the symbol “OER”. OER was incorporated under the laws of Canada. OER’s registered office is located at 3400, First Canadian Center, 350 7th Avenue SW, Calgary AB, T2P 3N9, Canada and head office is located at 1230, 112 4th Avenue SW, Calgary, AB, T2P 0H3, Canada. OER and its subsidiaries (together, the “Corporation”) is involved in the acquisition of petroleum and natural gas rights, the exploration for and development and production of oil and natural gas primarily focused in Nigeria, and São Tomé and Príncipe. The ultimate parent company is Oando PLC, who owns 92% of the share capital of the Corporation and is the ultimate controlling party. Unless otherwise noted, all references to the “Corporation” mean OER and its subsidiaries. Page 7 of the report.
All we are witnessing in the market is sheer ignorance of the state of affair of Oando Plc.

Hmmmmmmm! I will refer you to note 1.2 and the whole of note 8 in the report, meanwhile, check out the bolded, if the corporation is incurring losses, who is going to bear it? minority shareholders

@myjoy08-- The insurance coy u listed are practically all ACTIVE on NSE so i don't understand the rationale for your choice. Anyway, thank you for making the effort.

Aks: @myjoy08-- The insurance coy u listed are practically all ACTIVE on NSE so i don't understand the rationale for your choice. Anyway, thank you for making the effort.

Na to add some non-active ones join...Universal insurance, Unic, Standard assurance, royalex and guinea insurance.

Aks: @myjoy08-- The insurance coy u listed are practically all ACTIVE on NSE so i don't understand the rationale for your choice. Anyway, thank you for making the effort.

Myjoy08 has done well actually. I believe the next bull is likely to come out from the insurance sector hence his picks.

I remember Nosa2 stated on SMN sometime ago that the insurance sector was greatly undervalued and will likely boom soon, maybe just maybe we are about to witness it. Not sure anyway.

Elai147:

Na to add some non-active ones join...Universal insurance, Unic, Standard assurance, royalex and guinea insurance.

You still sell your transcorp

Born2berich:

Myjoy08 has done well actually. I believe the next bull is likely to come out from the insurance sector hence his picks.

I remember Nosa2 stated on SMN sometime ago that the insurance sector was greatly undervalued and will likely boom soon, maybe just maybe we are about to witness it. Not sure anyway.

Sir, you are absolutely right. Watch them closely as they want to be corrected to their normal prices each of them belongs. God Bless!

Dexterax:

Good family, be patient, he's still mopping up the insurance positions.

miftpulse:
Bros. Your sense of humor is amazing.

The guy is highly knowledgeable

feelamong:

No worry second batch dey come out soon!

After dat batch then VC list go show... dis one will be largely IAI...

We wont accept any second batch without unic,na court of arbitration go settle the matter.

nitrogen:

Hmmmmmmm! I will refer you to note 1.2 and the whole of note 8 in the report, meanwhile, check out the bolded, if the corporation is incurring losses, who is going to bear it? minority shareholders

Reference to page 4.3. Oando Plc made $1.2 billion available to OER at the rate of 4% when drawn and it also has a clause that the loan can be converted to equity,the losses incurred by OER is from such payment to OANDO Plc, why the astronomical nature of the exposure? I will say the Company has started incurring expenses without taking procession of the asset and possible revenue from the asset."On February 10, 2014, the Corporation signed a loan facility agreement with Oando PLC which included a financing fee of 4% of the amount covered by the $1.2 billion facility. The financing fee is due on repayment of the loan or conversion of the loan to equity; the Corporation also has the option to settle the financing fee in equity if the loan is converted to equity."
On loan repayment the the company negotiated favourable term of payment ,an increase of 1% in interest rate will increase payment by only $0.9m."Price risk: if the prices of crude oil decreased by 10% assuming all other variables remain constant, the impact on loss before tax from the changes in the fair value of derivative commodity contracts would be nil; and "
Most of the sales and loan deals are structured in a way it will not impact much on the company when prices of crude falls.
My question is that the loan given out by Oando Plc to OER now converted to shares belongs to whom? If the shares belong to Oando Plc ,expect some shares for every units held,the loan is from working capital of Oando Plc.

Hi all, use this to access latest on the floor

http://nayafinance.globaltrybe.com/apps/nayamoney.aspx?app=nayamoney&sid=3319a12e-9d5a-11e3-9c49-0291cce1c554&style=nayamoney_businessday&layout=standalone_layout&showtitle=true&brand=false&trdvw=&srtby=Symbol&srtdir=ASC&nocache=3b1b5e9c-fba0-4c7b-ae91-89f6a331c837

Copy and paste, dont click on the link.

Born2berich:

You still sell your transcorp

I sell some yesterday. Maybe I go sell some today too.

@4dchairman, Sir, when free, I will reply you....

4dchairman:
OER is not OANDO Plc, will OANDO Plc revenue be $32.16 million in 3 months(page 4), net loss of $32.348 million ,the loss was mainly financial expenses of $34.8 million (page 6). I repeat one of the main reason of incorporating OER is to serve as the platform for current and future acquisition. So we are still expecting OANDO Plc financial report.Oando Energy Resources Inc. (“OER" is a publicly traded company listed on the Toronto Stock Exchange (“TSX”) under the symbol “OER”. OER was incorporated under the laws of Canada. OER’s registered office is located at 3400, First Canadian Center, 350 7th Avenue SW, Calgary AB, T2P 3N9, Canada and head office is located at 1230, 112 4th Avenue SW, Calgary, AB, T2P 0H3, Canada. OER and its subsidiaries (together, the “Corporation”) is involved in the acquisition of petroleum and natural gas rights, the exploration for and development and production of oil and natural gas primarily focused in Nigeria, and São Tomé and Príncipe. The ultimate parent company is Oando PLC, who owns 92% of the share capital of the Corporation and is the ultimate controlling party. Unless otherwise noted, all references to the “Corporation” mean OER and its subsidiaries. Page 7 of the report.
All we are witnessing in the market is sheer ignorance of the state of affair of Oando Plc.

Thank you

When 6.2million bid quantity is chasing 2.34million offer quantity you' ll have a price rise,Transcorp currently trading at NGN 5.93. 1.57 pm.

Is dexterax gradually offering some of his Wapic monkeys for sale.

Wapic @ N0.9

nitrogen: Hi all, use this to access latest on the floor

http://nayafinance.globaltrybe.com/apps/nayamoney.aspx?app=nayamoney&sid=3319a12e-9d5a-11e3-9c49-0291cce1c554&style=nayamoney_businessday&layout=standalone_layout&showtitle=true&brand=false&trdvw=&srtby=Symbol&srtdir=ASC&nocache=3b1b5e9c-fba0-4c7b-ae91-89f6a331c837

Copy and paste, dont click on the link.

Thnak you.. i like what am seeing on the site.

Are the feeds live?

@Dragonking