Emeka1441:
omo the NGX is tough oo..🥶🥶🥶.. dem juss dey rip person everywere..

Locotrader:


If he wanted to be fair, he should have reconstruct the outstanding shares and reduce to 10billion units and relist the stock at #60 then the stock will find it's way to #500 level to the benefit of him and his shareholders.

CASE DEY COME OOOO.

customstreet:


You are on point. The next two program of Transcorp Holdings in the near term are as follows


1. Do an MTO of say between 1%-4% as mandated by SEC

2. Share Reconstruction

These two, I am sure will happen from Gravevine

chimex38:


"Grapevine" i suppose you mean? .
Transcorp and confusion

customstreet:


You are on point. The next two program of Transcorp Holdings in the near term are as follows

1. Do an MTO of say between 1%-4% as mandated by SEC

2. Share Reconstruction

These two, I am sure will happen from Gravevine

Willie2015:


Try tradezero .

SonofElElyonRet:


Grave bawo

SonofElElyonRet:
Grave bawo

Streetinvestor2:
Tony has always been a scam from how he took over uba.This is how he pulled out the hotel to himself. That is why i see that his foundation as a scam. I don't think he has plans to do that.why was the Listing kept secret till on Friday after the close of business and Listing on Monday .You will see 80% of the ownership to himself and one proxy as investment partners registered in one country. 10 % to the parent company and 10% to mugu investors in naija that will push the price to 1000 for him

I remembered, that's why we black man don't consider others. Tony no go carry wealth go heaven. Just playing with people's hard earned money like toys. Too bad of our regulatory bodies

Deadlytruth:


NGX is not really as tough as you seem to perceive it. What you need is a self invented strategy which works for you.
For example, one of my personal strategies about buying high priced stocks like Dangote Cement is that it must first lose 10% for three to four consecutive trading days for me to move in else no go area.

Frangel:
Transcorp Plc. Transcorp Power.

The BOD of Transcorp Plc (TPlc) was already empowered by an AGM resolution in 2022. I guess the BOD meeting last December was to put into action possible strategic plans, sooner than later.

TPlc already had ~52% of TranscorpPowerLtd and 95% of TransAfam (I guess merged to form Transcorp Power Plc (TPPlc). Ordinarily, TPlc should have at least 73% shares of TPPlc, retaining the subsidiary status. By 2022 FYE, TPlc received about N10billion as dividend from the power business. Dividend income would continue to accrue to it in proportion of its shareholding.

The real advantage in TPPlc is the projected share price appreciation. Initially to the erstwhile minority shareholders in TPlc's power businesses; then the early birds who will be privileged to get the stock on NGX to meet listing requirements, in the coming days.

customstreet:


You are on point. The next two program of Transcorp Holdings in the near term are as follows

1. Do an MTO of say between 1%-4% as mandated by SEC

2. Share Reconstruction

These two, I am sure will happen from Gravevine

Emeka1441:
whats your strategy for transcorp?? If you own transcorp plc.. what would be your approach to both of them

ExcessKJ:
Good morning. Which online app can be use to monitor stocks on NGX just like Yahoo finance or Google finance. These two doesn't cover NGX. Thank you

aj8:
Indeed?
So how does what is about to happen differ from what happened when Transcorp Hotel was spin off from Transcorp Holding? Relax. TRANSCORP Power is NOT a new entity. It’s merely listing as a public company at a price. Nothing else changes. TRANSCORP Holding still has significant interest in TRANSCORP Power and would continue to enjoy all benefits accruing from its interest. If TRANSCORP Power does well as a public company so would all her shareholders including TRANSCORP Holding and by extension shareholders of TRANSCORP Holdings. QED.

Emeka1441:
whats your strategy for transcorp?? If you own transcorp plc.. what would be your approach to both of them

aj8:

Why hidden? Isn’t it obvious?

2. Shareholders of TRANSCORP Group are not directly shareholders of TRANSCORP Power but have indirect interest through the group’s interest.
3. The previous earnings from dividends and scrip from TRANSCORP Power by TRANSCORP Group, already demonstrate that potential.
4. The catapulting of the valuation of TRANSCORP Power will of course increase that of TRANSCORP Group as long as the current price is below the offer price and the company remains profitable to accrue benefits to her shareholders of which TRANSCORP Group is a majority holder ( at least for now)
5. The capital raised would increase the financial strength of TRANSCORP Power to further undertake and expand their core business of power or whatever else their article allows them to engage in. This also would benefit the TRANSCORP Group .
6. I see huge gains to shareholders of TRANSCORP, as long as the Power space stays viable and profitable…already eluded by TOE in earlier responses that this spin off would happen once the space is right. Like he earlier did with TRANSCORP Hotel.
7. This is not the first of its kind within TRANSCORP Group. Similar occurred in 2015. The spin off of TRANSCORP Hotel from the Group. Mentioned above.

I do not own any shares of TRANSCORP Group but intend acquiring TRANSCORP Power shares. I believe it would at least match Geregu Power PLC if not outpace it.

That’s my take.

Emeka1441:
una dey scare me.. we no go see am buy nii?😩😩😩

aj8:




Hold

Both would appreciate along with all of TOE’s concerns..UBA, Afr Prud, TRANSCORP Hotel, etc. Geregu should drop a little being a significant competitor to the common good.

Frangel:


There's nothing new there. Nothing to be scared about. You wouldn't see it to buy initially, but some others would be able to buy. Ahead of you in the queue or privileged. Demand would outstrip supply in days to come.

You wrote you're new to NGX. I would advise you observe and learn how the market works before panicking and making far-reaching conclusions.

Emeka1441:
am planning on jumping on trans power too.. but i’m just worried it might go up…before its even listed.. if it goes up more than N300 am not buying till it drops

Emeka1441:
true.. what would be your fair entry point if you wanted to purchase power

Frangel:


Guessing and for speculation, a price below N400.

However, I would have a fair/reasonable value for TPower when I see the financials and details of the company.

SonofElElyonRet:


Ucap nko?

aj8:





….etc.

Bimmms:
Regarding this Transcorp power Hullaballoo we should all chill , I believe if Tony plans not to include we shareholders of Transcorp plc in the new Transcorp power listing , his wife wouldn’t have bought large tranches of Transcorp shares about 3 -4months ago

debeey87:


Exactly my thoughts. Almost the entire family bought transcorp, uba etal last year. They might unbundle whatever holdings transcorp plc has in the power segment to it's shareholders like uacn did with updc REITs.