Ades1:
Greetings oga.... Stanbic is about to give 1 bonus for every 6 shares held.... To you it is overpriced, to me it is not, that's why I have been buying.

Like someone don talk before, even if Stanbic drop to N20 today today, you go shift una goal post to N15.

OBAGADAFFI:
Which is the most valuable stock on this list?
Stanbic PE-9.54, EPS- 5.24
Zenith PE- 3.35 EPS- 6.65
GTB PE - 4.66 EPS - 6.69

yMcy56:

All valuable and unique in its own way.

eddyakinrinde:
Elders, pls what does "share price adjustment for dividends" mean and especially in the case of Mansard, and how does it affect shareholders. Please I need an explanation. Thank you

yMcy56:

Depends on your appetite and patience ability.
Linkage is a good insurance stock no doubt and the take-aways makes sense.....but apathy towards the sector is kil.lin.g" the good one's vibes....seems it's changing small small and some analysts are predicting better days for the sector.

Ok. Let's look at it this way:
If picked @85kobo and you bought 500k units for instance:

500k units X 0.85 = N425,000
500k X 0.05 = N25,000 (Dividend on 500k units)
2÷5 X 500k = 200,000units (Bonus of 2 for 5)
Total units owned = 700k units.

Let's say you sell @65k after markdown (trying to look at worst case scenario):
700k X 0.65 = N455,000 + N25,000 = N480,000.

N480,000 less N425,000 (cost price) = N55,000 profit (Assuming fees has been factored into the costs).

** The more the volume, the higher the profit
** Ability to buy cheaper than example price gives more profit.
** Ability to wait it out or average down after markdown an added advantage
** Liquidity ??
** Timeframe in view ??
** So answer your question yourself and do your DD.

yMcy56:

You mean DD. Its alright.
Final qualification date is 30th April.
With above scenario, that's approximately 13% profit if I'm right.

yMcy56:

Marked down already and closed @N50 xtyday.

yMcy56:

Osita already answered .....with much grammar anyway. Lol.
"Share price adjustment for dividend" simply means deducting the declared dividend from the share price as at the date of markdown (next trading day after final qualification date).
It doesn't affect shareholders who doesn't sell immediately after markdown as such OR, who bought much cheaper......but may affect traders depending on cost price or market situation at the point/date of markdown.

For instance, Mansard closed at 90kobo before markdown on 22nd April.
Opened @85kobo on 23rd and still gained 0.05kobo on same day, to close back @90kobo.
All na investment risks. Nothing ventured, nothing gained.

locodemy:
https://doclib.ngxgroup.com/Financial_NewsDocs/33109_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC%20_QUARTER_1_%20_.pdf



I bought this Transcorp stock at 1.42 above market price hopping to ride on the euphoria but it didn't respond.

With this Q1 result, I will begin to average down in order to move out of losses.should be trading around 90kobo+ in the coming days.

Happy weekend to you all.

yMcy56:

Osita already answered .....with much grammar anyway. Lol.
"Share price adjustment for dividend" simply means deducting the declared dividend from the share price as at the date of markdown (next trading day after final qualification date).
It doesn't affect shareholders who doesn't sell immediately after markdown as such OR, who bought much cheaper......but may affect traders depending on cost price or market situation at the point/date of markdown.

For instance, Mansard closed at 90kobo before markdown on 22nd April.
Opened @85kobo on 23rd and still gained 0.05kobo on same day, to close back @90kobo.
All na investment risks. Nothing ventured, nothing gained.

Teeonly:
https://doclib.ngxgroup.com/Financial_NewsDocs/33097_GLAXO_SMITHKLINE_CONSUMER_NIG_PLC%20CORPORATE_ACTIONS_.pdf



https://doclib.ngxgroup.com/Financial_NewsDocs/33109_TRANSNATIONAL_CORPORATION_OF_NIGERIA_PLC%20_QUARTER_1_%20_.pdf

yMcy56:
LINK ASSURE:
For insurance and dividend lovers, oya take o..

Dividend: 0.05kobo
Bonus: 2 for 5 (2 new ones for existing 5units)
Qualification Date: 30th April, 2021
Payment Date: 26th May, 2021
Registrar: Centurion Registrar

https://doclib.ngxgroup.com/Financial_NewsDocs/33071_LINKAGE_ASSURANCE_PLC%20CLOSURE_OF_REGISTER__QUALIFICATI.pdf

yMcy56:
LINK ASSURE:
For insurance and dividend lovers, oya take o..

Dividend: 0.05kobo
Bonus: 2 for 5 (2 new ones for existing 5units)
Qualification Date: 30th April, 2021
Payment Date: 26th May, 2021
Registrar: Centurion Registrar

https://doclib.ngxgroup.com/Financial_NewsDocs/33071_LINKAGE_ASSURANCE_PLC%20CLOSURE_OF_REGISTER__QUALIFICATI.pdf

ositadima1:
Ok, I see d bonus, what of d 25k from dividend. Who chop dat one?

PETERiCHY:



From TRANSCORP STATEMENT,

EPS is N0.03k in Q1 2021

The BOOK VALUE is N2.85k

CASH FLOW per share is 0.0136 in Q1.2021

Last year full year dividend was N0.01k

Current ratio is 2+

From the current ratio, we see that the coy is in GOOD FINANCIAL HEALTH.

MANAGEMENT did well given the huge TURNAROUND from a loss of N957m Q1 2020 to a profit of N1.3B in Q1 2021.

They have a new product, a lifestyle app call AURA. That should help with growth.

They started the year on a STRONG FOOTING.

BARGAIN HUNTERS TAKE NOTE!

eddyakinrinde:
Ok got the gist better now. Thanks @Osita and yMCY56.
@ Mercy do you see their (Mansard)share price going up in coming weeks or months, going by their Q1 result. Thank you.

ojeysky:
About mansard is there any news about their reconstruction stuff sef?

yMcy56:

Na me nah.
Buy, collect the bonus and give me the dividend.
Don't you see the bonus calculation there?

sonofElElyon:
I'm actually thinking long term really.. seems they have a bonus culture

yMcy56:

Mansard is not even supposed to be selling below N1 in the first place......
BUT, there's a share reconstruction phase coming in form of 4:1, this phase is still awaiting regulatory approval, reason it's delaying till now and MANSARD is still trading lower.
We've discussed this issue extensively here before.
Mansard lovers and long termers are picking .........but picking @ much lower price......observed from 90kobo downwards.
Hope I answered you in my own little way.

** Not an advice to buy or sell in my form**

eddyakinrinde:
Thank you for this

ositadima1:
U chop 25k clean mouth ?

yMcy56:

Ok.
The company has been consistent with Dividend and/or bonus issues for the past few years now.

** For my ogas who may say Mcy is marketing Linkassure, pls note that I'm just providing answers to questions ni o, not marketing in any form.**

PETERiCHY:



From TRANSCORP STATEMENT,

EPS is N0.03k in Q1 2021

The BOOK VALUE is N2.85k

CASH FLOW per share is 0.0136 in Q1.2021

Last year full year dividend was N0.01k

Current ratio is 2+

From the current ratio, we see that the coy is in GOOD FINANCIAL HEALTH.

MANAGEMENT did well given the huge TURNAROUND from a loss of N957m Q1 2020 to a profit of N1.3B in Q1 2021.

They have a new product, a lifestyle app call AURA. That should help with growth.

They started the year on a STRONG FOOTING.

BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:



From TRANSCORP STATEMENT,

EPS is N0.03k in Q1 2021

The BOOK VALUE is N2.85k

CASH FLOW per share is 0.0136 in Q1.2021

Last year full year dividend was N0.01k

Current ratio is 2+

From the current ratio, we see that the coy is in GOOD FINANCIAL HEALTH.

MANAGEMENT did well given the huge TURNAROUND from a loss of N957m Q1 2020 to a profit of N1.3B in Q1 2021.

They have a new product, a lifestyle app call AURA. That should help with growth.

They started the year on a STRONG FOOTING.

BARGAIN HUNTERS TAKE NOTE!

palmshots:


I got a mail for Transcorp AGM that will take place tomorrow at Maitama, can someone attend physically or it's only virtual as I stay close to the venue so I plan to attend

Biafran4life:
Don't let them sell monkey to you... bargain hunters be wise they are trapped

PETERiCHY:


And tommorow you will be the first to quickly place bids on TRANSCORP.

Don't fall for his REVERSE PSYCHOLOGY

BARGAIN HUNTER TAKE NOTE!

PETERiCHY:

And tommorow you will be the first to quickly place bids on TRANSCORP.
Don't fall for his REVERSE PSYCHOLOGY
BARGAIN HUNTER TAKE NOTE!