mendes911:


Chai. The way/manner you come up with assumptions. Just sit down and clap for yourself. Do you read these annual reports upside down?

Please clarify me on Transcorp and Transcorp hotel.
I remember I used to have Transcorp before IPO of Transcorp hotel, which use to be most profitable arms of Transcorp. After listing transcorp hotel as a new company there was no percentage of unit offerd to me in their newly carved out and listed transcorp hotel as a share holder of Transcorp.

Instead the price of the main Transcorp started dropping from #6 back to 50/60 kobo? Can your clarify me if am wrong, did you get your portion in the newly listed transhotel then?.

Chomzy19:
Please house is there any negative news on Jberger? why is the price tumbling?

No negative news whatsoever on JB, just the general market bearish condition. I have JB as well and do not have any fear on it as I expect their Q2 to be ok. The result may likely be released by first week of August, but till then, the bear may still do some phython dance around the stock. Albeit, I am still buying in tranches as it comes lower. Good Luck.

Fidelity Bank Threatens Legal Action Against Protesters, Denies Owing Workers
https://www.businesspost.ng/2018/07/19/fidelity-bank-threatens-legal-action-against-protesters-denies-owing-workers/

Chibuking81:

Please clarify me on Transcorp and Transcorp hotel.
I remember I used to have Transcorp before IPO of Transcorp hotel, which use to be most profitable arms of Transcorp. After listing transcorp hotel as a new company there was no percentage of unit offerd to me in their newly carved out and listed transcorp hotel as a share holder of Transcorp.

Instead the price of the main Transcorp started dropping from #6 back to 50/60 kobo? Can your clarify me if am wrong, did you get your portion in the newly listed transhotel then?.

Go and read any FY result of Transcorp PLC. There and there, you will see the relationship between Transcorp PLC (Group) and Transcorp Hotels (Subsidiary). Transcorp Plc owns about 84% of Transcorp Hotels.

I can't clarify whether I got any shares of Transhotel, I already told you I don't own the shares of Transcorp Plc.

I think I get your confusion... You are comparing the spin off of UBCap/AfriPrud from UBA to whatever happened in Transnational Corporation. The scheme wasn't the same.

Agbalowomeri:


Let's see if it will go beyond 6

For posterity sake.

Mcy56:

Thought you are an investor. Just wondering if its of relevance to you.

i am sure you know that there is profit to be made by buying right.

Investors does not mean i should have bought GTB at #50+ earlier this year.

#InvestorsAlsoBuySmart
#BuyRight

bigjay01:

i am sure you know that there is profit to be made by buying right.
Investors does not mean i should have bought GTB at #50+ earlier this year.
#InvestorsAlsoBuySmart #BuyRight

bigjay01:
i am sure you know that there is profit to be made by buying right.
Investors does not mean i should have bought GTB at #50+ earlier this year. #InvestorsAlsoBuySmart#BuyRight

Alright sir. I thought fear is already setting in for infinity investor ni.

Mcy56:

Alright sir. I thought fear is already setting in for infinity investor ni.

Don't just concur alright sir. Go and record it with a tape recorder and note book.

This class you dey attend with Mpeace self. You have been very serious until you two started sitting side by side for class, romance come take over pass the studies.

mendes911:


Don't just concur alright sir. Go and record it with a tape recorder and note book.

This class you dey attend with Mpeace self. You have been very serious until you two started sitting side by side for class, romance come take over pass the studies.

Romance ke? You don see person get erection for inside stock market woundjurement

https://nairametrics.com/senate-approves-n348-billion-to-clear-oil-subsidy-claims/
This is why oando rallied.

The approved amount is expected to be shared to oil marketers as follows: Aiteo – N4,988,199,360; Conoil – N5,588,285,132; Forte Oil – N15,480,455,907; Bovas – N5,953,684,258; Capital Oil – N8,339,052; Mobil – N8,282363; MRS Oil and Gas – N20,948,270; Oando – N14,972,585,600; and Total – N21,569,996,843.

mendes911:
Don't just concur alright sir. Go and record it with a tape recorder and note book.
This class you dey attend with Mpeace self. You have been very serious until you two started sitting side by side for class, romance come take over pass the studies.

....but you dey senior class na, where you come see this one you dey talk?
Anyway, I don write am down, NSE tuition fees no go allow me buy tape recorder now. I still need to take fearing myself much more serious.

Mpeace:
The approved amount is expected to be shared to oil marketers as follows: Aiteo – N4,988,199,360; Conoil – N5,588,285,132; Forte Oil – N15,480,455,907; Bovas – N5,953,684,258; Capital Oil – N8,339,052; Mobil – N8,282363; MRS Oil and Gas – N20,948,270; Oando – N14,972,585,600; and Total – N21,569,996,843.

But I think the money will reflect in q3 result.

Mpeace:
https://nairametrics.com/senate-approves-n348-billion-to-clear-oil-subsidy-claims/
This is why oando rallied.

If so, why didn't FO rally as well? Sellers got tired, if you check the volume sold yesterday and how activity went, the signs were already there that reversal was imminent. It remains to show how far it will go.

At about 40,000 boe and average crude price of $72 for 2nd quarter, Oando might turn in about 42k EPS and the earlier they release the result, it might sustain the upswing.

Make we dey watch shaaa.

Agbalowomeri:
Romance ke? You don see person get erection for inside stock market woundjurement

No forget say we holy people dey this thread and we no dey like to read this kind of dirty thing.
Anyway, na only one NSE go hold na. How e go woundjure money and body together? That one na double woundjurement na, e no make sense at all.

Mcy56:


....but you dey senior class na, where you come see this one you dey talk?
Anyway, I don write am down, NSE tuition fees no go allow me buy tape recorder now. I still need to take fearing myself much more serious.

Senior class kee. Who dash me? I dey always look una anytime I dey mop the corrider over looking your class. No forget say na cleaner I be.

Agbalowomeri:


Romance ke? You don see person get erection for inside stock market woundjurement

At all at all, na winch... There's something called consolation price.

mendes911:
Senior class kee. Who dash me? I dey always look una anytime I dey mop the corrider over looking your class. No forget say na cleaner I be.

You just dey pretend johr! See as one Oga dey hail and prostrate for you and oga Oracle here one time like that. Na tertiary institution you dey na.
Your case is liken to that of Prince Akeem in Coming to America who humbled himself just to get what he wanted.
Is it true you are midget? I notice say you take style dodge am that time. Pardon my spelling if its not correct.

veecovee:
IT'S WRONG TO ASK ANY DEAD SAINT (MARY, PETER, PAUL ETC) OR ANGELS, TO PRAY FOR YOU.

www.nairaland.com/3560501/holineness-righteousness-revival-daily-messages/15#69512016

What's wrong with this man

leo1234:

What's wrong with this man

Etiquette of sermon is missing

leo1234:


What's wrong with this man

Is he a man?

Agbalowomeri:
GTB has lost around 40% from around 55 top
Fallow space dey for my village o, what are friends for

History would surely be repeated. It is a matter of time. Cash is KING

Wema Bank Plans N20b Bond Issuance to Increase Capital Base
https://www.businesspost.ng/2018/07/19/wema-bank-plans-n20b-bond-issuance-to-increase-capital-base/

I am really interested in investment and all.. But I have no idea on how to start.. Do I go to a bank and ask about it? Please just tell me how to start..

mendes911:


If so, why didn't FO rally as well? Sellers got tired, if you check the volume sold yesterday and how activity went, the signs were already there that reversal was imminent. It remains to show how far it will go.

At about 40,000 boe and average crude price of $72 for 2nd quarter, Oando might turn in about 42k EPS and the earlier they release the result, it might sustain the upswing.

Make we dey watch shaaa.

FO will surely rally today. Watch and see. They are the highest beneficiary of this payment when you consider their outstanding shares. If they get paid, we can expect it to add about 12naira to their eps.

Mpeace:
FO will surely rally today. Watch and see. They are the highest beneficiary of this payment when you consider their outstanding shares. If they get paid, we can expect it to add about 12naira to their eps.

These kind news those day will take an average of 4-6months to reflect in share price; don't know why we expect a rally now and here

the money received will add what to their EPS. This cannot be true. What the funds will succeed in doing is to reduce the Receivables and increase the cash position of the company either by reducing the bank loans and overdrafts or increase the cash and cash equivalent. It has little bearing on the profit or loss account as the finance charges will reduce a bit maybe in 2018 and 2019 accounts.

Mpeace:
FO will surely rally today. Watch and see. They are the highest beneficiary of this payment when you consider their outstanding shares. If they get paid, we can expect it to add about 12naira to their eps.

Mpeace:
FO will surely rally today. Watch and see. They are the highest beneficiary of this payment when you consider their outstanding shares. If they get paid, we can expect it to add about 12naira to their eps.

Debts (Receivables) are shown in Balance Sheet not profit and loss. So not sure how payment will affect the EPS except they've made provision for those debts previously and hence planning to do a write back!

I think it will impact their balance sheet and improve their liquidity. Direct impact on EPS is minimal if any.

rebekah2011:
the money received will add what to their EPS. This cannot be true. What the funds will succeed in doing is to reduce the Receivables and increase the cash position of the company either by reducing the bank loans and overdrafts or increase the cash and cash equivalent. It has little bearing on the profit or loss account as the finance charges will reduce a bit maybe in 2018 and 2019 accounts.

Na we road-side accountant

rebekah2011:
the money received will add what to their EPS. This cannot be true. What the funds will succeed in doing is to reduce the Receivables and increase the cash position of the company either by reducing the bank loans and overdrafts or increase the cash and cash equivalent. It has little bearing on the profit or loss account as the finance charges will reduce a bit maybe in 2018 and 2019 accounts.

Correct. Did not see this before responding.