crownprince2017:
At mercy, I have been checking my mail as if am expecting bank alerts from you regarding the likely skim of arrangements regarding transcorp.

I later got my sugar at 54 as a patience deciple..

Mankind2024:
Minority investors should give Tony the benefit of a doubt.
Investors would mop Transcorp Power on Monday.

Mankind2024:
Minority investors should give Tony the benefit of a doubt.
Analysis paralysis would make many investors to miss the 🚢 ship of Transcorp Power
In 2020 or so MTNN listed @ N90 after splitting one share into 20, many NSEMPA lamented bitterly, many anti-investment article was posted, fueled by ANALYSIS PARALYSIS.
Geregu was listed at N100, it was so expensive at the time.
BUA food was listed at sub N50, it was equally expensive.
Tony's ship has been treating patient investors very well.
I do not subscribe to all the dirty names and past antecedents being assigned to Tony Elumelu.
Most of the conglomerates under Tony are doing well.
Tony and his family bought substantial units in Transcorp plc, setting greed aside, he would never destroyed Transcorp plc. I believe Transcorp plc represents the sweat and blood of Tony Elumelu and his Family.
He travels wide and far on Transcorp plc.
In the worst scenario Transcorp plc can transform to Transcorp Energy.
The idea behind the listing is 0.25$ per unit at exchange rate of NGN1000.00 per US$
Power generating company is not a child play anywhere in the world.
Any buying opportunity on Monday 4th March 2024 should be utilised by patient value self investors.
Km N1000.00 by Q3,/Q4 2024 is a possibility.
Ignore all the ANALYSIS PARALYSIS.
Investors would mop Transcorp Power on Monday.

Streetinvestor2:
OK boss.Do you think you will see transcorp power to buy on the floor till it get to like #500.You will only see crossing that will be pushing it up.
My concern is we have been on this bus since it was listed at #7.50 .And anytime something good happens, you don't benefits directly.
Hotel went without any direct benefits to us.And if this still goes the same way it will be too bad.
Imagine seeing transcorp power at #1000 and transcorp plc you started as parent company struggling to reach #20.

Streetinvestor2:
OK boss.Do you think you will see transcorp power to buy on the floor till it get to like #500.You will only see crossing that will be pushing it up.
My concern is we have been on this bus since it was listed at #7.50 .And anytime something good happens, you don't benefits directly.
Hotel went without any direct benefits to us.And if this still goes the same way it will be too bad.
Imagine seeing transcorp power at #1000 and transcorp plc you started as parent company struggling to reach #20.

Locotrader:


Transcorp shareholders should pray to God to receive allotment of T power shares which is late already.

Their should be a formal announcement to this and Transcorp placed on technical suspension but this process was bypassed.

Do you think this can happen after listing on Monday?

The only good news is that Transcorp will be the majority shareholder of Transcorp power which will lead to increase in dividend payment.

Do you think Transcorp can pay up to 50kobo dividend to shareholders going forward considering the huge OS?

Streetinvestor2:
OK boss.Do you think you will see transcorp power to buy on the floor till it get to like #500.You will only see crossing that will be pushing it up.
My concern is we have been on this bus since it was listed at #7.50 .And anytime something good happens, you don't benefits directly.
Hotel went without any direct benefits to us.And if this still goes the same way it will be too bad.
Imagine seeing transcorp power at #1000 and transcorp plc you started as parent company struggling to reach #20.

222Martins:

https://nairametrics.com/2024/03/01/breaking-transcorp-power-to-list-on-the-ngx-at-a-n1-8-trillion-market-cap/

Emeka1441:
but why e be say na only nsempa get This pessimistic outlook.. every other forum have been spilling optimism

Emeka1441:
but why e be say na only nsempa get This pessimistic outlook.. every other forum have been spilling optimism

delvzy:
To the OGs and well-wishers in the how, I do need a bit of advice from you.
I’m planning to create an investment portfolio based on four key areas-; Food, Clothing, Shelter and Power. Would you care to recommend some quoted coys w good fundamentals that fall under this category or have a direct or indirect link to the categories mentioned above?

Your diverse feedback is much appreciated.

emmaodet:


Which other forums do you follow on stocks bro?

Princkez:
Dear Sir/Ma,

We are delighted to announce that the Facts Behind the Listing and Closing Gong Ceremony of Transcorp Power Plc to commemorate the Listing by Introduction of 7,500,000,000 Ordinary Shares of 50 kobo each at N240.00 per share on Nigerian Exchange Limited is scheduled for Monday, 04 March 2024

Please see details of the event:

Date: Monday, 04 March 2024
Time: 2:00 PM - 3:35 PM (WAT)
Venue: 8th Floor (Trading Floor) and 20th Floor (Event Center)

This document is classified as: DC3 - Authorised Use Only – CONFIDENTIAL

Regards,

Broker Dealer Regulation Department
NGX Regulation Limited
Nigerian Exchange Group House
2 - 4 Customs Street
Marina, Lagos
Nigeria.

megawealth01:


I would have listed the stocks to look into but this is not the best of time to invest big in this market... There are still uncertainties

onegentleguy:


Probable scenarios on TRANSCORP;

1) Certain crop of persons with links to the core investor/majority holder and those with insider information on the outcome of her last BOD meeting may have been mopping up the shares on the floor.
The coys recent technicals (ref: PV action) is suggestive of this fact.
This could be the reason for the high volatility in price of the asset as they tactfully push it down in spasms to engage in staggered but strategic accumulation until they achieve their set out target.

2) Then comes the unbundling of her energy business arm from the group and
listing of TRANSCORP ENERGY as a separate entity.

3) Allotment of an estimated % proportion to all stakeholders of TRANSCORP. (ref: UBA >> UCAP/AFPRUD way)
However, the % equity distribution to qualified minority holders will be very small, most probably a calculated attempt to ensure that TRANSCORP ENERGY's free float on listing, maintains a wide deviation from would-be OS, with NCI and "others" having the lion's share.

4) If truly the intention is to remain a listed entity, the share price will then be proped up (artificial skip) the "geregu way" (as we saw when geregu power was listed) to attract... and fulfill....

5) The core investor/majority holder will then proceed with a PP/RI post listing, to increase the coys OS.
Well of course for himself and/or his cronies by taking up an appreciable proportion of the PP/RI in other to remain in "charge" of affairs in the coy.

6) You may eventually be bought over in future (MTO in view) depending on how items No 4, 5 & 6 play out.

N.B: This is only a plausibility, not a certainty! ...so iit may or may not play out.

Whatever happens though, I continue to think that the current holders of TRANSCORP will benefit from it! Though much of what should accrue as great future benefit might end up been diverted. (if 4, 5 & 6 play out)

Interestingly, TRANSCORP POWER LTD dolled out a total cash dividend of N214 per share to its shareholders in 2022. And yes you heard me right... N214 !!
By the way, that's a near 70% increase from what was declared in the previous calendar yr.

Should I hold on to my TRANSCORP?

A lot depends on ones entry price. If you were among the early birds who keyed in below N1 or @ N1--2+, it might be ok to lock in your capital together with a good proportion of ROI and redirect the funds to other great asset. Then you can hold the balance.
Whatever happens, you should be good!

Many folks will recall I issued a buy recommendation on TRANSCORP, 1st @ N1.14 following several analysis.
I later gave it an outperform rating @ below N2 when many folks had doubts about the assets value accretive potential post release of her Q1, 2022 financial print.

As always, it pays to be among the early birds!

CAVEAT: NOT to be inferred as an investment advice. The need for due diligence should still take higher precedence ahead of this post.

It is well

onegentleguy:


Here's what you should know;

The absence of a share allotment amidst an unbundling/spin-off of the power arm should it materialize, defies the basic logic of equity investing.
...it's like asserting that what was clearly a SUBSET to a SUPERSET can become a DISJOINT SET or even the superset itself without an established process of dissolution.

TRANSCORP POWER was a subset of TRANSCORP PLC and not a disjoint set or a superset of the latter.
Well, so we thought!

Nigeria is indeed a funny place!

My projection;

• Attention may well shift to TRANSCORP POWER in the near term. (value accretive potential in view)

• For good reason, TRANSCORP PLC remains a hold in the short term as "there just might be some available juice to sip from it".
But am not so sure if that "juice" can last for so long.
TRANSCORP PLC? ...I'll search for reward having a traders mindset.
TRANSCORP POWER? ...I'll look out for value having an investors mindset.

@ ToE & co may have shortchanged minority investors, but at this point I care less about that. ...it's now strictly business for us!
...but that's just me so you might also want to follow your instinct.

CAVEAT: The need for due diligence should still take higher precedence ahead of this post.

Regards

SonofElElyonRet:
I am not the Octopus but we just might see some shareholders of Transcorp dumping their shares to buy Transcorp power

Locotrader:


A total of 6,788,540 units of champion cooling head in my portfolio now.Not for sale till target met.I even pray for buy out offer self.

No need to show pics again.
Some go begin throw me big stones on my bald head.

Mpeace:
NSE hmmm. I remember when the biard of transcorp met and decided on this action. They promised to relay the outcome of their meeting to investors after the said meeting, but never did.
They allowed speculations drive up prices. As it stands today we no know where we dey as transcorp shareholders.
Nigerian companies, They just keep playing their shareholders.
Elumelu might just be doing the exact thing Otedola did at FO when he simply removed the power segment for himself and sold the rest with the shareholders.

222Martins:


Tony Elumelu is here with his Boju Boju again ............I wonder how many percent stake the parent Transcorp has in this new Transcorp Power PLC. Parent Transcorp has a 40,647,990,293 outstanding shares with market cap of N580.45Billion...........While the new Transcorp power has 7,500,000,000 outstanding shares with listing valuation of N1.8Trillion...............

The Tony Elumelu Boju Boju magic