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.[b]Till now no one knows how wale financed the Agip purchase. Or if you have the information make it open her[/b]e.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

Please learn to de-personalize issues. The mistake you keep making is mixing topical discussions with inter-personal innuendos.

The bolded: You can contact the Oando office if you want to know how a corporate entity financed a transaction, even though it had been widely publicized that Oando obtained a loan of USD800m from AFREXIMBANK (in Egypt) to pay for the AGIP transaction.
Again, did Wale or Oando borrow money from anyone when they bought assets of ConoccoPhilips for USD1.5b in 2011.?
The same Tinubu govt witnessed the sale of ExxonMobil assets to Seplat!
I am able to separate reasonable argument from baseless talk; it does not matter whether I bought some shares in the company or not

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.[b]Till now no one knows how wale financed the Agip purchase. Or if you have the information make it open her[/b]e.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

Please learn to de-personalize issues. The mistake you keep making is mixing topical discussions with inter-personal innuendos.

The bolded: You can contact the Oando office if you want to know how a corporate entity financed a transaction, even though it had been widely publicized that Oando obtained a loan of USD800m from AFREXIMBANK (in Egypt) to pay for the AGIP transaction.
Again, did Wale or Oando borrow money from anyone when they bought assets of ConoccoPhilips for USD1.5b in 2011.?
The same Tinubu govt witnessed the sale of ExxonMobil assets to Seplat!
I am able to separate reasonable argument from baseless talk; it does not matter whether I bought some shares in the company or not

GeeKudi:


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 😂😂

Nice try.i see you are a new moniker. I will take you serious and hence respond to your post when I begin to see your contribution on other stocks beside oando.It is beginning to look some monikers here now are here to market wale.On a very good day I will never allign with a personality like him or balablu. I only followed the money before you think I have iota of faith in wale as a person or the name associated to him.I followed the money because I pay my bill myself via legitimate sources only

Suddenly everyone is talking about VERITASKAP. ...it's now the next best thing after sliced bread.

When I was practically besieging folks to take position in the very same insurance coy @ 20--21k just 2 years ago, some persons called it an epistle.
...what a world we live in!

Well, I trust my Prime and Outline subscribers got their fill @ strategic price zones.

The good thing is; the coy's Intrinsic value/FVE currently prints @ N2.17... which by the way, is an extremely conservative peg.

Btw, why do I feel that there might be a VFD group "hand of bolt" on VERITASKAP.
Maybe a similarity to the NEM in-house tussle that drove prices to ATHs.
...just a random thought. Who knows!

CAVEAT: NOT to be inferred as any sought of investment advice. Due diligence still applies as always.

It is well

mikeapollo:


Please learn to de-personalize issues. The mistake you keep making is mixing topical discussions with inter-personal innuendos.

The bolded: You can contact the Oando office if you want to know how a corporate entity financed a transaction, even though it had been widely publicized that Oando obtained a loan of USD800m from AFREXIMBANK (in Egypt) to pay for the AGIP transaction.
Again, did Wale or Oando borrow money from anyone when they bought assets of ConoccoPhilips for USD1.5b in 2011.
The same Tinubu govt witnessed the sale of ExxonMobil assets to Seplat!
I am able to separate reasonable argument from baseless talk; it does not matter whether I bought some shares in the company or not

And he is already out throwing allegation of a handle being a contractor for OANDO here. That’s what we do best as Nigerians.
Abeg if he or anyone knows how I can be a contractor for OANDO here and everywhere, please hit me up 😂😂🙏

Refinery Debt Servicing:
Be like na Cement Export be Dangote sure banker
https://businesspost.ng/economy/dangote-cement-exports-14-clinker-shipments-to-ghana-cameroon/

onegentleguy:
Suddenly everyone is talking about VERITASKAP. ...it's now the next best thing after sliced bread.

When I was practically besieging folks to take position in the very same insurance coy @ 20--21k just 2 years ago, some persons called it an epistle.
...what a world we live in!

Well, I trust my Prime and Outline subscribers got their fill @ strategic price zones.

The good thing is; The coy's Intrinsic value/FVE currently prints @ N2.17... which by the way, is a very an extremely conservative peg.

Btw, why do I feel like that there might be a VFD group "hand of bolt" on VERITASKAP.
Maybe a similarity to the NEM in-house tussle that drove prices to ATHs.
...just a random thought. Who knows!

CAVEAT: NOT to be inferred as any sought of investment advice. Due diligence still applies as always.

It is well

But VFD Group had not really moved, unless i don't understand. But i see it as one stock that has not received attention yet. By the time they touch light it..................hmmmmmm

CBN injects N700 billion bailout in Unity Bank-Providus Bank merger

https://nairametrics.com/2024/08/07/cbn-injects-n700-billion-bailout-in-unity-bank-providus-bank-merger/

onegentleguy:
Following my last post, several persons have been asking what my views are on the mkt, and if by implication, I only see a mkt underperformance outside a Peter Obi win?
Here's a straightforward answer...
In the near term, I like to think that the mkt uptrend will continue as technicals hold up.
However, mid to Long term direction will to a large extent depend on this election and what follows after it.

With what I have seen and heard since 25th, belief system appears to have decelerated as in-country risk premium pushes further upwards.
We need to, as a matter of urgency redeem whatever is left of the country's image.
...the stakes are sky high now!
No country can witness effective growth (RPC in view) with this very low level of image amongst the community of nations.

If a country can not conduct a task as simple as that of a free and fair elections, then it becomes very easy for other nations to give her a BAD NAME and in time blacklist her.
Not that we had it good before now anyway, but this is yet another case of missing out on the opportunity to turnaround what has clearly been a wrong trajectory and MAKE THINGS RIGHT.
Needless to highlight what almost always happens when "a dog is given a bad name"!

From an investment standpoint, you might only expect foreign direct and portfolio investment to continue to narrow down.
Quite frankly, the ripple effect can be all-touching.

This is why I tell folks to lower their expectations, given the crop of current leaders we have. ...the rut in the system is beyond deep!

I will and will always be non-partisan.
I prefer to look out for opportunities in difficulties.
The question is; What opportunities are there for an investor to "bet for or against the system" in view of what it prescribes?
How will I as an investor benefit from a Peter Obi, Atiku or Tinunu presidency?

I think the 1st name will bring about a robust and growth driven market than the last 2 names.
With the middle and last name, I see a likely continuation in the status quo (low investor apathy, weak cooperate governance structures etc) with pockets of facile positives every now and then.
...the mkt may not align towards the much desired sustainable path to growth.

A Peter Obi win? Likely gonna be a "positive explosion"- Riding on the high believability index already attached to the name and its brand.
Countries live on change driven by hope and believe!

A Tinubu win?
NAHCO- Already a great coy, but it could favour them even more as more Nigerians will likely seek to "japa".
Oando, Ardova and a few O&G names- For near obvious reasons.
Brewery Ind- Frustration likely to highten... "revenge with the bottle"
A few Manufacturing coys and insurance Names.

An Atiku win?
Some banking names- For obvious reasons...

I just wanna think of how to benefit from the system.
Pls prepare your minds for all outcomes!
Nigeria is a failed state.

It is well.

First call on OANDO at the time the coy was trading for N4--5.
A few other names were also highlighted therein.

Moral: Always good to be among the early birds.
Everyone knows I love Mr. TIME. Infact, saying that we prefer 'to take the necessary but appropriate drug of patience" after doing our homework very well should already be taken for granted.

It is well

mikeapollo:


Please learn to de-personalize issues. The mistake you keep making is mixing topical discussions with inter-personal innuendos.

The bolded: You can contact the Oando office if you want to know how a corporate entity financed a transaction, even though it had been widely publicized that Oando obtained a loan of USD800m from AFREXIMBANK (in Egypt) to pay for the AGIP transaction.
Again, did Wale or Oando borrow money from anyone when they bought assets of ConoccoPhilips for USD1.5b in 2011.
The same Tinubu govt witnessed the sale of ExxonMobil assets to Seplat!
I am able to separate reasonable argument from baseless talk; it does not matter whether I bought some shares in the company or not

This post addresess nothing to Dangote issues which was recent And mentioning seplet deal holds no water here.We all know whr interest can be protected to the highest and also conflicting interest are too.Go and enjoy your loot.Oando is a sure bet for now.

Pls tell the government to pickup the remaining 12.5% in dangota refinery because it will do indigenous business and Nigerians well as the indigenous company needs money to service its debt now .Or they have intentions to make the refinery fail so they can keep importation....600milion dollars they say they spend every month on it

Streetinvestor2:
Nice try.i see you are a new moniker. I will take you serious and hence respond to your post when I begin to see your contribution on other stocks beside oando.It is beginning to look some monikers here now are here to market wale.On a very good they I will never allign with a personality like him or balablu. I only followed the money before you think I have iota of faith in wale as a person or the name associated to him.I followed the money because I pay my bill myself via legitimate sources only

You’re so wrong and you don’t know it.

I don’t talk for OANDO or any other stock. In fact, I am a newbie in stock trading and have been monitoring proceedings here and reading other stuff to learn. I bought my first ever share on the use on the 20th June this year.

My point is, don’t be so assertive when throwing allegations for which you have no proof just like you did with this moniker thing.

And before you go, bro, please help my life. I have been with Bamboo but they don’t have a provision to monitor prices live. Please could you suggest a better platform that offers this and more? And, would it be possible to move my stuff to the other platform? Thanks.

100%

GeeKudi:

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

GeeKudi:


You’re so wrong and you don’t know it.

I don’t talk for OANDO or any other stock. In fact, I am a newbie in stock trading and have been monitoring proceedings here and reading other stuff to learn. I bought my first ever share on the use on the 20th June this year.

My point is, don’t be so assertive when throwing allegations for which you have no proof just like you did with this moniker thing.

And before you go, bro, please help my life. I have been with Bamboo but they don’t have a provision to monitor prices live. Please could you suggest a better platform that offers this and more? And, would it be possible to move my stuff to the other platform? Thanks.

Try morgan capital

https://accounts.morgancapitalgroup.com/individual-forms/create

MTN doing what they should have done several years back...

https://doclib.ngxgroup.com/Financial_NewsDocs/42001_MTN_NIGERIA_COMMUNICATIONS_PLC-MTN_NIGERIA_RENEGOTIATES_TOWER_LEASE_AGREEMENTS_CORPORATE_ACTIONS_AUGUST_2024.pdf

GeeKudi:


You’re so wrong and you don’t know it.

I don’t talk for OANDO or any other stock. In fact, I am a newbie in stock trading and have been monitoring proceedings here and reading other stuff to learn. I bought my first ever share on the use on the 20th June this year.

My point is, don’t be so assertive when throwing allegations for which you have no proof just like you did with this moniker thing.

And before you go, bro, please help my life. I have been with Bamboo but they don’t have a provision to monitor prices live. Please could you suggest a better platform that offers this and more? And, would it be possible to move my stuff to the other platform? Thanks.

May God bless you for the words of wisdom, as bolded (above).

vacanci:


But VFD Group had not really moved, unless i don't understand. But i see it as one stock that has not received attention yet. By the time they touch light it..................hmmmmmm

To the part in bold, I guess you don't.
Try connecting the follow-up sentence to the one you picked out. Perhaps you could begin to make sense of the post.
But then again, this is just me having a random thought. ...nothing more.

Regards

onegentleguy:
Suddenly everyone is talking about VERITASKAP. ...it's now the next best thing after sliced bread.

When I was practically besieging folks to take position in the very same insurance coy @ 20--21k just 2 years ago, some persons called it an epistle.
...what a world we live in!

Well, I trust my Prime and Outline subscribers got their fill @ strategic price zones.

The good thing is; The coy's Intrinsic value/FVE currently prints @ N2.17... which by the way, is a an extremely conservative peg.

Btw, why do I feel like that there might be a VFD group "hand of bolt" on VERITASKAP.
Maybe a similarity to the NEM in-house tussle that drove prices to ATHs.
...just a random thought. Who knows!

CAVEAT: NOT to be inferred as any sought of investment advice. Due diligence still applies as always.

It is well

My oga I salute. Is not every one that is talking about it.Is just me and few people. ,lol .NIce call two yrs ago but remembered it was still available at .25kobo this yr.That means any one who made the call this yr will have done better based on time difference .Just stating my observations And the c and I leasing you mentioned something ago .The HI result is encouraging though they destroyed value in my past investment via reconstruction of 4 to 1 shares

lasisi:


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

So he waived the policy for Oando abi? Dey play !

KarlTom:
MTN doing what they should have done several years back...

https://doclib.ngxgroup.com/Financial_NewsDocs/42001_MTN_NIGERIA_COMMUNICATIONS_PLC-MTN_NIGERIA_RENEGOTIATES_TOWER_LEASE_AGREEMENTS_CORPORATE_ACTIONS_AUGUST_2024.pdf

Fixed..like seriously. about time..

I learnt MTN southAfrica are even part owners of IHS.

[quote author=Streetinvestor2 post=131385646][/quote]

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 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

Thanks for explaining the obvious to him

Thanks. Please, do you know if it would be easy to move my portfolio to their platform?
I am also considering Stanbic IBTC.

cocolacec:


Try morgan capital

https://accounts.morgancapitalgroup.com/individual-forms/create

KarlTom:
MTN doing what they should have done several years back...

https://doclib.ngxgroup.com/Financial_NewsDocs/42001_MTN_NIGERIA_COMMUNICATIONS_PLC-MTN_NIGERIA_RENEGOTIATES_TOWER_LEASE_AGREEMENTS_CORPORATE_ACTIONS_AUGUST_2024.pdf

Expanded Article from IHS website. Highlight:
1)Currency Exchange Rebalancing
2)Cost of Diesel-Hedging against price n Fx fluctuations


https://www.ihstowers.com/support-and-info/media/press-releases/2024/ihs-towers-announce-renewals-and-extensions-on-all-mtn-nigeria-t

Well, I have posted it b4.

As far as 2024 is concerned,
@ aj8 is the Agba🙌 of Veritaskapal this year. precisely on Jan30, 2024 when RED was everywhere.
#MrCommonSense

aj8:
Common sense target for Veritas Kapital Assurance is N1.20. Good buy at current price of 0.55.

0.31 x 4 =1.24

Target Range N1.24-N1.55

Better still if they pay a dividend of 5-7 k in which case could target upper range.


Please do your DD.

Even with RED across board, EPS is King. Stocks hardly fall below EPS x 4. That’s the beauty of the strategy. Any one significantly below that is a BUY. Just Common Sense.

What is now the purpose of Egm of ucap on 21st August if payment is 9th..I thought the idea of the egm is for shareholders to approve dividend payments . Are this companies changing the rules guiding listed businesses.

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

"Unless you no get street sense".
Say something without facts. Then add a subtle ad-hominem jab at the end. Such a subjective way to engage.

Streetinvestor2:
What is now the purpose of Egm of ucap on 21st August if payment is 9th..I thought the idea of the egm is for shareholders to approve dividend payments . Are this companies changing the rules guiding listed businesses.

Don't think the purpose of the egm is to approve dividend payment.
This is interim dividend. It can and will be paid without shareholders meeting.

Streetinvestor2:
What is now the purpose of Egm of ucap on 21st August if payment is 9th..I thought the idea of the egm is for shareholders to approve dividend payments . Are this companies changing the rules guiding listed businesses.

Just checked d documents for the egm.
It's to consider, discuss and if deemed pass special resolutions on 3 issues.
1. Increase in Share Capital.
2. Amendment of Memorandum of Association.
3. Bonus issues.

No dividend mentioned.

leparj:


Don't think the purpose of the egm is to approve dividend payment.
This is interim dividend. It can and will be paid without shareholders meeting.

I think something good is coming hence the massive buying of the shares

When are these wicked accumulators going to set the brewery sector free. Una go wait tire...

chimex38:

Fixed..like seriously. about time..

I learnt MTN southAfrica are even part owners of IHS.

They jointly formed INT towers but MTN later sold little of their shares in INT to IHS. INT brought about lease agreement between MTN and IHS. MTN has a voting power in IHS, the disagreement lead to MTN to collected 2500 site nd gave to ATC, but 1500 was returned after IHS agreed to MTN to have a voting power.