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Nigerian Stock Exchange Market Pick Alerts - Investment (7961) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 1:59pm On Aug 07
jideflash:
Veritas Insurance on Full Bid wink
I t is a good insurance companies. I wonder why the ceo finished unity Bank.That is my concern going forward for the company
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 2:03pm On Aug 07
Olaide1295:

I'm telling you what people will surely say, not my personal opinion.
Have you seen Dan Bello videos? They are already saying Tinubu owns Oando using Wale as a mask.
Largely untrue, but the president has to be careful about public perception.
If you like you believe it or not.The present oando the presido get hand inside that was why agip deal went through....unless you no get street sense

4 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 2:03pm On Aug 07
like i said, the price is propped up internally. they have a target. all offers have been swallowed
KarlTom:
You get... wink

About 50% of current bid is 14.65 or less. Same UCAP that had ALL bids at 14.65 yesterday.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 2:04pm On Aug 07
ah, na the same ceo from unity?
Streetinvestor2:
I t is a good insurance companies. I wonder why the ceo finished unity Bank.That is my concern going forward for the company
Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 2:15pm On Aug 07
I think it is more of cross dealing because I keep trying and units are not available at all.
yMcy56:
UCAP
Back to full bid @16.10 yet again...
The question is: Are those guys really selling or cross dealing?
Who are those picking the offers showing face?

GTCo @44.60.......quite some volumes too...
Re: Nigerian Stock Exchange Market Pick Alerts by jideflash(m): 2:17pm On Aug 07
https://nairametrics.com/2024/08/06/veritas-kapital-assurance-achieves-record-breaking-630-profit-growth-in-h1-2024/#google_vignette

jideflash:
na so we see am. the major gains are from fx investment income. i don put some money for that bus. cool

Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 2:18pm On Aug 07
Streetinvestor2:
If you like you believe it or not.The present oando the presido get hand inside that was why agip deal went through....unless you no get street sense

Dan Bello has been known to be a political propagandist. Street sense or not, the name Bola Tinubu is not on the books of OANDO.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:23pm On Aug 07
It does not have to be on the books to actually be on the books... wink
GeeKudi:

Dan Bello has been known to be a political propagandist. Street sense or not, the name Bola Tinubu is not on the books of OANDO.

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 2:24pm On Aug 07
GeeKudi:

Dan Bello has been known to be a political propagandist. Street sense or not, the name Bola Tinubu is not on the books of OANDO.
Whr you commot come.You registered last Month because of Tinubu or oando. Do I look dumb to be expecting Bola to be attached to the name.You didn't see him physical at the business deal with Agip

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 2:24pm On Aug 07
Streetinvestor2:
I t is a good insurance companies. I wonder why the ceo finished unity Bank.That is my concern going forward for the company
MD is Adaobi.. a woman.. was never at unity bank

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 2:37pm On Aug 07
SonofElElyonRet:

MD is Adaobi.. a woman.. was never at unity bank
Find out the name before it changes to Veritas. Who Co founded it and who are the directors
Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 2:42pm On Aug 07
Streetinvestor2:
Whr you commot come.You registered last Month because of Tinubu or oando. Do I look dumb to be expecting Bola to be attached to the name.You didn't see him physical at the business deal with Agip
Well, I can’t comment about being dumb. I am just saying that record is record and doesn’t reckon with “street sense”.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 2:50pm On Aug 07
Streetinvestor2:
Find out the name before it changes to Veritas. Who Co founded it and who are the directors

I don't think Adaobi was a CEO of Unity bank. Her last job was with Heirs Insurance before Veritas Kapital poached her.

She was not even on the board of Unity kapital which was the former name of veritas.

https://www.linkedin.com/in/dr-adaobi-nwakuche-08625668/?originalSubdomain=ng

https://nairametrics.com/2024/06/10/dr-adaobi-nwakuche-let-me-tell-you-about-this-lady-by-joseph-edgar/

It will be good to know more, but so far this is all i can dig up
Re: Nigerian Stock Exchange Market Pick Alerts by Bagwa: 2:54pm On Aug 07
Unbelievable !!!
Oando closed with 44M outstanding bid

Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 2:56pm On Aug 07
KarlTom:
It does not have to be on the books to actually be on the books... wink

You can't prove Jack... will remain a rumour for all of eternity
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 2:57pm On Aug 07
Bagwa:
Unbelievable !!!
Oando closed with 44M outstanding bid

Omo...
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 2:57pm On Aug 07
Bagwa:
Unbelievable !!!
Oando closed with 44M outstanding bid

Something must be cooking in Oando! It may hit N50 in few days!

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 3:03pm On Aug 07
GeeKudi:

Well, I can’t comment about being dumb. I am just saying that record is record and doesn’t reckon with “street sense”.
Did you happen to see Bola Tinubu and wale Tinubu on the last agip business deal or signing. The next day news media carried it Bola has sold Agip to his nephew wale.I hope you no the deal was hanging till the president stepped in.You expect his name to be on the board of listed company while he serve as the president of the country. I don't even think legally it is allowed
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 3:08pm On Aug 07
unite4real:


I don't think Adaobi was a CEO of Unity bank. Her last job was with Heirs Insurance before Veritas Kapital poached her.

She was not even on the board of Unity kapital which was the former name of veritas.

https://www.linkedin.com/in/dr-adaobi-nwakuche-08625668/?originalSubdomain=ng

https://nairametrics.com/2024/06/10/dr-adaobi-nwakuche-let-me-tell-you-about-this-lady-by-joseph-edgar/

It will be good to know more, but so far this is all i can dig up

It is not the current ceo a female. I know I have come across the news that oga in Veritas having running in unity bank.It has always been at the back of my mind to be careful when dealing in the insurance company because of that news
Re: Nigerian Stock Exchange Market Pick Alerts by Raider76: 3:11pm On Aug 07
Streetinvestor2:
Whr you commot come.You registered last Month because of Tinubu or oando. Do I look dumb to be expecting Bola to be attached to the name.You didn't see him physical at the business deal with Agip

Abi oo.. Some things are difficult to hide.
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 3:15pm On Aug 07
SonofElElyonRet:


You can't prove Jack... will remain a rumour for all of eternity
He has nothing to prove.I know the agip deal was made possible because of wale relationship to the president. And it is also one of the reasons I went into oando. I mentioned it long ago.It was the political angle which I said about oando and seplet as indigenous company. They will definitely be mentioned as the success story of this government going into 2027 elections.
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 3:44pm On Aug 07
Streetinvestor2:
He has nothing to prove.I know the agip deal was made possible because of wale relationship to the president. And it is also one of the reasons I went into oando. I mentioned it long ago.It was the political angle which I said about oando and seplet as indigenous company. They will definitely be mentioned as the success story of this government going into 2027 elections.

He can't prove President Tinubu is getting any financial benefit from Oando.. as President he is supposed to help all indigenous companies whenever he can and show support/use his connections when possible...

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:54pm On Aug 07
Streetinvestor2:
Na every stock you wan get.The jewel is out thr in thr H1 result and I have mentioned it.They are two in that business. I will accumulate it later in the yr hopefully the price will bend back too

I have learnt something in this market. In Agba world when you identify a winning joker.it is good to go in hard and strong.... It pays better


Agba what you are doing is not right. They say alhaji has monopolistic tendency. No one is talking about your monopoly in garri.i asked you to pass me some of the garri and you kept quiet

You wey dey make money and no help me top my garri Lol
Re: Nigerian Stock Exchange Market Pick Alerts by lasisi(m): 4:06pm On Aug 07
SonofElElyonRet:


He can't prove President Tinubu is getting any financial benefit from Oando.. as President he is supposed to help all indigenous companies whenever he can and show support/use his connections when possible...

As he is currently helping Dangote Refinery, Dangote Sugar, MTN Nigeria, Nestle Nigeria with his govt policy induced FX losses. grin

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 4:16pm On Aug 07
lasisi:


As he is currently helping Dangote Refinery, Dangote Sugar, MTN Nigeria, Nestle Nigeria with his govt policy induced FX losses. grin

You missed the context of what he meant
What he meant is that a president is expected to intervene where/when necessary to assist indigenous businesses as much as possible in legitimate business deals or negotiations with foreign multinational companies.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by lasisi(m): 4:17pm On Aug 07
And Collecting the gains FX gains from the banks he asked to recapitalize

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 4:20pm On Aug 07
lasisi:


As he is currently helping Dangote Refinery, Dangote Sugar, MTN Nigeria, Nestle Nigeria with his govt policy induced FX losses. grin

You missed the context of what he meant
What he meant is that a president is expected to intervene where/when necessary to assist indigenous businesses as much as possible in legitimate business deals or negotiations with foreign multinational companies especially where such deals will be to the benefit of the Nigerian economy e.g. out of court settlements, quicker approvals etc.

That is what Tinubu did for SEPLAT (which acquired ExxonMobil assets), Oando which acquired (ENI-AGIP assets) and another consortium that acquired the assets of SHELL Petroleum.

But I concur that the economic policies of Tinubu are a disaster

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 4:30pm On Aug 07
The more you look, the less you see... grin

SonofElElyonRet:


You can't prove Jack... will remain a rumour for all of eternity

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 4:38pm On Aug 07
grin
SonofElElyonRet:


You can't prove Jack... will remain a rumour for all of eternity
You get?

Is he even expected to run his nephew’s company down to prove that he is a good president?

For me, I no even send. I just want invest, build a robust portfolio and make money like StreetInvestor

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 4:41pm On Aug 07
Streetinvestor2:
It is not the current ceo a female. I know I have come across the news that oga in Veritas having running in unity bank.It has always been at the back of my mind to be careful when dealing in the insurance company because of that news

Should be Aminu Babangida who was former Chairman of Unity bank, retired in 2023 and became a non executive director on the board of Veritas.

I think the present CEO, Adaobi is running the company efficiently since she took over.
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 4:42pm On Aug 07
mikeapollo:


You missed the context of what he meant
What he meant is that a president is expected to intervene where/when necessary to assist indigenous businesses as much as possible in legitimate business deals or negotiations with foreign multinational companies.
I cannot remember wale crying out before his intervention. That of dangota had to be done after his threat as per malta and shouts from Nigerians. A beg leave story because you and I have interest now in oando. Tinubu and oando in the present running is not separated. You remember I said it last week if the protest degenerate to something else...oando will hit back #10.This is because thr is presently I direct link.Till now no one knows how wale financed the Agip purchase. Or if you have the information make it open here.Or you think the money was in naira.
Oga just be enjoying you oando ride and not jumping out to defend anything once oando is mentioned. It is looking like this moniker is a second handle just for oando matter ...lol

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by GeeKudi: 4:50pm On Aug 07
Streetinvestor2:
I cannot remember wale crying out before his intervention. That of dangota had to be done after his threat as per malta and shouts from Nigerians. A beg leave story because you and I have interest now in oando. Tinubu and oando in the present running is not separated. You remember I said it last week if the protest degenerate to something else...oando will hit back #10.This is because thr is presently I direct link.Till now no one knows how wale financed the Agip purchase. Or if you have the information make it open here.Or you think the money was in naira.
Oga just be enjoying you oando ride and not jumping out to defend anything once oando is mentioned. It is looking like this moniker is a second handle just for oando matter ...lol

I wish. I really do.

My advice would just be that you build a company, wait till your relative gains some political/economic influence and then ask them to bring up policies or use their influence to run the company aground so they could look good before everyone 😂😂

3 Likes

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