megainvest:
See kponmo for market!

http://www.nse.com.ng/Financial_NewsDocs/14471_TRANSCORP_PLC_-_PROFIT_WARNING__CORPORATE_ACTIONS_JULY_2016.pdf

I'm not surprised at all.

50kobo....here we come!

Na SS km 0.90k

megainvest:
See kponmo for market!

http://www.nse.com.ng/Financial_NewsDocs/14471_TRANSCORP_PLC_-_PROFIT_WARNING__CORPORATE_ACTIONS_JULY_2016.pdf

I'm not surprised at all.

@Transcorp, I guess the plan is to create another Skye scenario... Reverse monkey hunting loading. We must make money this year, bull or bear!

Meanwhile, so many companies have joined this "profit warning" bandwagon!

feelamong:


50kobo....here we come!

Exactly oando scenario na wetin transcorp wan do............i don sharpen my cutlass to catch the big fish at a bottom out price before the full bid go start.

feelamong:


Bros take another look at the Financials of this coy...

look at the Liabilities side..Nothing has changed much. Their Customers' deposits (which represents Dividend, return monies and other interests re
ceived from clients but yet to be claimed) actually increased to 12,178,379 in H2 2016 from 11,331,469 in H2 2015.

In fact in particular the Unclaimed dividends increased from 10,552,290 in H2 2015 to 11, 448,771 in H2 2016

what actually hit them hard was their investments income from Treasury Bills. This nose dived from 426,677 in 2015 to 90,990 now!

We all also know how low the TB rates have been since beginning of the year until recently. Rates dropped to as low as 3 -5% earlier in the year. As we speak these rates are now as high as 14 - 17 %.

I still think they will turn this Investment Income figures around by year end. (Hoping that they did not do long tenor investments earlier in the year)

The share price will definitely drop...but i want to advise those in it not to panic and sell..

for those wishing to increase their stake...there is no better time than now!

Disclosure: I have 2 units of this stock in my Portfolio

It might be intentional to bring the stock price down but 3rd quarter and end of the year result might show high income earnings from Treasury bills.

feelamong:


Bros take another look at the Financials of this coy...

look at the Liabilities side..Nothing has changed much. Their Customers' deposits (which represents Dividend, return monies and other interests re
ceived from clients but yet to be claimed) actually increased to 12,178,379 in H2 2016 from 11,331,469 in H2 2015.

In fact in particular the Unclaimed dividends increased from 10,552,290 in H2 2015 to 11, 448,771 in H2 2016

what actually hit them hard was their investments income from Treasury Bills. This nose dived from 426,677 in 2015 to 90,990 now!

We all also know how low the TB rates have been since beginning of the year until recently. Rates dropped to as low as 3 -5% earlier in the year. As we speak these rates are now as high as 14 - 17 %.

I still think they will turn this Investment Income figures around by year end. (Hoping that they did not do long tenor investments earlier in the year)

The share price will definitely drop...but i want to advise those in it not to panic and sell..

for those wishing to increase their stake...there is no better time than now!

Disclosure: I have 2 units of this stock in my Portfolio

I mean the GROWTH POTENTIAL not the reason behind the drop in earnings. And in the voice of Megainvest, the GROWTH ENGINE. They've got just 12 months to hold those unclaimed dividends after which they've got to return them. Consequently, Assets base will remain nearly flat. Treasury bills rate should have affected UCAP in the same time period but they were able to offset it with increased cash from managed funds.

But no matter what, it's neither a buy nor a sell signal. It's only my opinion and when the facts change, I change my mind.

feelamong:


50kobo....here we come!

skye touched 50 kobo?do you know the kind players wey dey transcop?Abeg dream well so you no go miss the big fish.....#1.20 is good to go in........

too much high operating cost on the part of transcorp

like I posted yesterday, market temporarily repaying result.
aiico,contisure up
like sentiment temporarily suspended

pls is the result GOOD

Intendy:
http://nse.com.ng/Financial_NewsDocs/14478_HONEYWELL_Q1_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

Bros, is it GREEN

Intendy:
http://nse.com.ng/Financial_NewsDocs/14483_FCMB_Q2_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

Mfunkynation:
Bros, is it GREEN

it should go green

SEE bid for
FCMB
FCMB
FCMB

http://www.nse.com.ng/Financial_NewsDocs/14483_FCMB_Q2_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

Excellent result from FCMB

almost 90% growth in EPS

Intendy:
http://nse.com.ng/Financial_NewsDocs/14483_FCMB_Q2_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

FCMB on full bid !

Any news UBA ..FCMB on bid

Mfunkynation:
Bros, is it GREEN

The result is good

dnt b suprized if u c full offer on mondy. wonders of nse

Mfunkynation:
SEE bid for
FCMB
FCMB
FCMB

I just love NSE!

feelamong:
http://www.nse.com.ng/Financial_NewsDocs/14480_STERLING_BANK_PLC_Q2_JUNE_2016_FINANCIAL_STATEMENTS_JULY_2016.pdf

Is this Loss of N8B that am seeing or what??

Before we analyse result , fcmb don go bid ..be like say some people dey see these results before dem post am self..NSE

the big daddy of FX gains is GTbank.

lancee:
Before we analyse result , fcmb don go bid ..be like say some people dey see these results before dem post am self..NSE

same FCMB that was everywhere at 1.35 yesterday??

jp130:
dnt b suprized if u c full offer on mondy. wonders of nse

The thing with a good result is that even if there are short term disruptions, the effect of the good news will be positive over the longer term.

fxuser:
the big daddy of FX gains is GTbank.

na so FOREX GAIN of 16,938,283 take help FCMB

feelamong:


same FCMB that was everywhere at 1.35 yesterday??

Imagine !

feelamong:


Is this Loss of N8B that am seeing or what??

Its a terrible feeling, the morning after.

megainvest:
I just love NSE!

Am yet to feel the Love @ my side o From Oando-Berger-Fbnh-Transcorp All my fingers are burnt.