onegentleguy:
Yes, the 1st list (a)... those with greater weight of value drive/prospect is absolutely cool, irrespective of whether they'd eventually be a standalone coy or not.

yMcy56:
@Onegentleguy
Compliment of the season sir!
You're welcome back.
What a grand entry our epistle gang boss.
Thanks for those kind words too, we are used to the negative criticisms, someone like me is less bothered unlike before.
Also glad to see my moniker in the list of those top ogas, student in the midst of lecturers! Chai!! Feels good. Thanks sir.

onegentleguy:
Ur welcome dear!!
Troublemaker to the part in intalics... just kidding.

Btw, u have been doing wonderfully well. ...I'd like to encourage u keep up the good work!! Cheers

yMcy56:

I think there's the need to be more clearer about this recommendation to the guy sir..... especially if he/she is a newbie, to avoid blame game........though I know very well that you know what you're saying.

I think he should balance his investment portfolio by earmarking certain percentage to insurance if he wishes to play in that sector while a larger part goes to dividend paying stocks.

Just my humble opinion sir.

ukay2:
Why are Shell, Total etc selling

ukay2:


Why are Shell, Total etc selling

onegentleguy:


Yes, the 1st list (a)... those with greater weight of value drive/prospect is absolutely cool, irrespective of whether they'd eventually be a standalone coy or not.
But hey! do well to read through my signature below.

Cheers

yMcy56:

I think there's the need to be more clearer about this recommendation to the guy sir..... especially if he/she is a newbie, to avoid blame game........though I know very well that you know what you're saying.

I think he should balance his investment portfolio by earmarking certain percentage to insurance if he wishes to play in that sector while a larger part goes to dividend paying stocks.

Just my humble opinion sir.

onegentleguy:


I agree with u completely!!
That's why I also mentioned(in the original post) that the sector is worth a certain % of ones invested capital... but only after one must have done their homework well.(due diligence in view)

No doubt, the insurance space is a place to be. ...it will reproduce the next generation of millionaires but also take a "bite" off one of they fail to do their bit. The difference is in how effective one can carry out due diligence to sieve/permute from the healthy ones, in line with their investment objective.
However, the need to align more with fundamentally sound div paying assets from healthier value driven sectors should still take higher precedence ahead of that sector.

@sonofElElyon, pls do take note and be guided accordingly.

Regards

longlife20:
UPDATED] $1.1bn deal: Elumelu’s firm buys Shell, Total, ENI stakes in oil block


https://punchng.com/breaking-shell-sells-stake-in-nigerian-oil-block-for-533m/

https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.bbc.com/pidgin/tori-55687074&ved=2ahUKEwjRmcjPhaHuAhWM2hQKHXoLAPkQFjABegQIAhAB&usg=AOvVaw0pEvhiE2_eBF7hROtHtr6n

http://www.nse.com.ng/Financial_NewsDocs/32174_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC%20PRESS_RELEASE.pdf

Chibuking81:


Please who among the transcorp and Heirs holdings owns TNOG oil and gas that acquires 45% of OML 17 from Shell, Total and ENI?.
And between Transcorp and Heirs holding who own each other?.
And how will transcorp benefit from this transaction?

I am asking not to probe, but because I am interested to know.

yMcy56:

I think there's the need to be more clearer about this recommendation to the guy sir..... especially if he/she is a newbie, to avoid blame game........though I know very well that you know what you're saying.

I think he should balance his investment portfolio by earmarking certain percentage to insurance if he wishes to play in that sector while a larger part goes to dividend paying stocks.

Just my humble opinion sir.

Justcul:


Because companies like TESLA, NIO, FCEL etc are utilizing Alternative energy and are changing the world

They are divesting smartly

dapix:


You just asked a major question that I have been thinking about this weekend, I wonder how Heirs investments transactions, translate to Transcorp, with the way Tony conducts his affairs.

I have just silently concluded that he might just want to sell some stakes to Transcorp too, inthe long run, so as to consolidate his investments.

Also, I have been monitoring movement of UBA shares too, and I think all is related to this transaction.

Let's wait and see how everything turns out sha.

**Please this is not a recommendation o.
**Sir OGG welcome back, really waiting for your view on this issue.

onegentleguy:


Yes the part in bold can't be farther from the truth.
On the surface, aside TRANSCORP, UBA and UCAP are among the big winners of the deal.
No doubt, it's a plus for TRANSCORP. ...but then again, it's important to not get too carried away.

If the 3 aforementioned coys were women, I'll make the 1st my concubine, but marry the last 2... with the middle entity as my 1st wife... for now.
That said, I'd still negotiate with the family of the last/3rd entity to get a slightly better bargain on the "bride price".

Will look into the part in italics given the concerns raised.

#chasingvalue
#speedlane

onegentleguy:


Yes the part in bold can't be farther from the truth.
On the surface, aside TRANSCORP, UBA and UCAP are among the big winners of the deal.
No doubt, it's a plus for TRANSCORP. ...but then again, it's important to not get too carried away.

If the 3 aforementioned coys were women, I'll make the 1st my concubine, but marry the last 2... with the middle entity as my 1st wife. ...well, for now.
That said, I'd still negotiate with the family of the last/3rd entity to get a slightly better bargain on the "bride price".

Will look into the part in italics given the concerns raised.

#btwtrading&investing
#chasingvalue
#speedlane

megawealth01:
Only Mr. Market will determine TRANSCORP speed... TRANSCORP will surprise us all... This is not a buy recommendation... DD always applies

ukay2:


If Afam powerplant didn’t take Transcorp plc to N3, I really don't think we are going to see any serious movement in Transcorp plc this week.

Mr Market has the final say sha

Note....am in Transcorp plc bus.

megawealth01:
We plenty for the ship... When the thing go move E go shock us sef

ukay2:


Ok oo

Am hoping Transcorp plc do well in the long-term

Shareholders have waited for the manifestations of son of man

feelamong:


just go to a good stock broker. Otherwise invest in good coys like GT, NB, Guineess, Nestle, Int'l Brew, FBN, Unilever and have ur peace of mind!

megawealth01:
Nobodi knows when but will it happen YES it will... TRANSCORP will do well... Abeg na GAMBLE

onegentleguy:


Yes the part in bold can't be farther from the truth.
On the surface, aside TRANSCORP, UBA and UCAP are among the big winners of the deal.
No doubt, it's a plus for TRANSCORP. ...but then again, it's important to not get too carried away.

If the 3 aforementioned coys were women, I'll make the 1st my concubine, but marry the last 2... with the middle entity as my 1st wife. ...well, for now.
That said, I'd still negotiate with the family of the last/3rd entity to get a slightly better bargain on the "bride price".

Will look into the part in italics given the concerns raised.

#btwtrading&investing
#chasingvalue
#speedlane

bigjay01:


The O&G assets were bought by HH and not Transcorp! The only link (I believe) is that HH is the major investor in Transcorp.

I stand corrected!

longlife20:


They are in partnership in this deal.

Heirs Holdings (“HH”), the leading African strategic investor, in partnership with
affiliated company Transnational Corporation of Nigeria Plc (“Transcorp”), Nigeria’s
largest publicly listed conglomerate, announced today the unconditional acquisition of
a 45% participating interest in Nigerian oil licence OML 17 and related assets, through
TNOG Oil and Gas Limited (a related company of Heirs Holdings and Transcorp), from
the Shell Petroleum Development Company of Nigeria Limited, Total E&P Nigeria
Limited and ENI. In addition, TNOG Oil and Gas Limited will have sole operatorship of
the asset.

megawealth01:
You sabi the game nwanne... Like WAPIC... I don drop the first port... Although I believe in that coy... It's inherited by ACCESS BANK as part of the take over deal from the defunct Intercontinental Bank and they have investment banking inclusive in their coy... They have a baptism name CORONATION sef... I am trying to see if I can make 200-300% from WAPIC...

Note

Please this isn't a buy recommendation ooooo as I have started offloading WAPIC sef... Nobody should quote me ooooooo. Na GAMBLE I dey as I can waka anytime oooooo

ebuka1997:


Na aig get wapic na

ukay2:


My transcorp has been with me for a decade....waiting for the day SPACE will be our starting point....can't wait to see it rise easily like other dead stocks in NSE

Where is our Peterichie

thebargainhunte:


Nigeria too needs to learn. I don't know how long is going to take this country to invest in other sectors, so that we wouldn't be hit hard again. Things are changing, the world is changing, and we need to step up our games. We need to adopt other methods of survival away from crude oil. Our black gold will soon be a waste because countries are going green. A lot of laws are going to be strict concerning climate change. IMO is going to be strict on ICE vessels, electric cars are going to replace ICE cars. Levitational trains and electric trains are going to replace locomotive trains. And presently, we are having automous vessels and remote control vessels
all powered by electricity. Nigeria is going to be in trouble if we don't bring back agriculture to life. What can we give the world without crude oil?
Let's wait for Biden team on climate change.

PETERiCHY:



Oil prices dropped at the first trading session of the week.

Oil traders are virtually going short, with the global market’s economic recovery outlook being called into question as COVID-19 infections rise.

What you should know: At press time, Brent crude futures dropped by about 1%, to $54.65 a barrel, after losing 2.3% on Friday. West Texas Intermediate futures lost about 1%, at $51.93 a barrel, having declined 2.3% also on Friday.

Increasing COVID-19 caseloads throughout the world continued weighing on oil prices, as oil traders doubted how long energy demand would hold up.

https://nairametrics.com/2021/01/18/oil-prices-tumble-on-fears-of-global-economic-recovery/

BARGAIN HUNTERS TAKE NOTE!

ukay2:



Welcome Sir Onegentleguy

We missed you plenty

Hope you are bringing Grandpapa Bulls to NSE from this week upwards