₦airaland Forum

MARKETJJC:
Few months like 24 months or 18 months or 36 months? . And Why RT BRISCOE?

aj8:
Remember to take profits along the way. This is how I do it. Calculate the difference in your purchase price and the current price x the number of stock holdings. Sell the number of shares that equates that figure to the nearest whole number. You need not factor charges, it’s merely an approximation so you don’t lose your gains. Should the current price fall significantly below the price, buy back shares that the amount you took off the table as profit can buy back at the new lower price. My Target for RT is still N1.60. It’s not a stock in my opinion for long-term hold as of yet.

Remember, gains are not yet dusted till it’s banked.

aj8:
Based on Common sense strategy , RT BRISCOE AND CUSTODIAN LIKELY TO DO 100% in a few months. I am in on RT BRISCOE.

MARKETJJC:
Few months like 24 months or 18 months or 36 months? . And Why RT BRISCOE?

robobo:
Hello Chief. Please can you share the document you are referring to in your write up? the document cannot be found in the link. Appr8

SonofElElyonRet:
Was just about to point out same note 29 which is titled distributions made and proposed and refers to dividends for 2022 and dividends 2023
Might be wrong but doesn't this suggest that new shareholders could still qualify for one of the dividends? Sad that there isn't full disclosure in clear terms from the company and the stock exchange is just not living up to expectations as a regulator

SonofElElyonRet:
Was just about to point out same note 29 which is titled distributions made and proposed and refers to dividends for 2022 and dividends 2023
Might be wrong but doesn't this suggest that new shareholders could still qualify for one of the dividends? Sad that there isn't full disclosure in clear terms from the company and the stock exchange is just not living up to expectations as a regulator

SonofElElyonRet:
The results clearly say N92.25k eps

[/b]
Can someone help explain the [b]interim dividend declared for 2022 and 2023...
*why interim?
*will new shareholders who bought after listing on the stock market be entitled to both 2022 and 2023 interim dividends?

Hogwarthtrades:
Two things deducted from reading this:

1. possibly a 2 man show, Aig and MR Wigwe (RIP) with no real sucession plan or trust of subordinates.
2. Hopefully this serves as a wake up call to companies to inculcate the ability to groom trust worthy subordinates (easier said than done!!) for times like this.
Access holding will come out greater though!!!

yMcy56:
I think with Transcorp having larger share of this, Transcorp faithfuls stands to be rewarded.......i.e. the higher the price goes, the better for Transcorp faithfuls.

This is my personal opinion btw.

yMcy56:
Thanks Oga Customs. 😊

@Aj8 this Oga is possibly giving us vital info here o.
I knew Tony will probably have plan for Transcorp PLC too.

SonofElElyonRet:
Ucap nko?

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

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

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

Cosmicwill:
I'm new to NSE investment. I bought Dancem at 763.70 with all I the money had now it's 686.70 made losses already. I understand It might rise or fall but the challenge now is that I want to sell it and the broker I used, Trove can't sell as they said there is no buy order yet. what do I do?

BabsO2:
Transcorp PLC has the following % ownerships in subsidiaries.
-----------------------------------------------------------------% holding-----------2022-----------2021----------2020
Transcorp Hotels Plc---------------------------------------------------------------76.2 % ------76.2 %--------83.6%
Transcorp Power Limited---------------------------------------------------------51.02 %----- 50.9 %------50.9%
Transcorp Energy Limited Exploration of petroleum product--------99.0 %----- 99.0 %-------99.0%
TransAfam Power Limited Power generation------------------------------ 95.0 % -----95.0 %-------95.0%
Transcorp Properties Limited Building---------------------------------------100.0 % ----100.0 %-----100.0%
Transcorp OPL 281 Nigeria Limited------------------------------------------- 100.00% ---100.00%----100.0%
Terago Commodities Limited------------------------------------------------------95.00% ----95.00%-----95.0%
Transcorp Refining Company Limited------------------------------------------ 100.0 % ----100.0 %---100.0%
Transcorp Trading and Logistics Limited------------------------------------- 100.0 % -----100.0 %----100.0%
Transcorp Telecomms Limited---------------------------------------------------- 100.0 % ----100.0 %----100.0%
Aura by Transcorp Hotel Limited---------------------------------------------------20.0 % ------20.0 %-------0.0%

NB 1 - Transcorp sold some units of Transcorp Hotel Plc in 2021 at N5.43 that's why its holding's there dropped slightly in 2021. Wish it can sell a little right now in Transcorp Hotel at N90 to fund development of other subsidiaries Doing such will create value for Transcorp PLC shareholders in the coming years. I will give Tony a big thumbs up if he pulls such out in coming years.

NB 2 - Transcorp reinvested its dividend from Transcorp Power in 2022 thereby raising its % holding in so doing.

I see hidden value in Transcorp.

Not an investment advice. Do your DD!

ositadima1:
How is closing Binance and other crypto trading platforms going to provide long-term solutions to the falling currency? Instead of tackling the root cause decisively, they are intent on preventing the commoners from protecting their money as best as they can. Beside the fact that most of them have millions of dollars stashed away. The moment Mr. Tinubu announced no more subsidies and naira unification, these woes intensified.

We all thought he had concrete plans to cushion the aftereffects. The NGX went on a crazy bull run, but now it has started declining, showing us that he is still adopting the same trial and error approach of the previous administration.

With the increasing prices, it is likely that fewer sales will be made. Maybe the increased revenues I was championing about may not materialize after all. I apologize if I led you astray in any way with my previous posts.

Below is a simple fishbone chart. The red portions are the root causes as identified by me.

Thank you.

aj8:
For UBA, my eyes are glued to the circled support /resistance levels (refer to chart). If earnings/dividends are good, I expect it to resume the major channel . I feel it may move to a then b maybe c if the dividend is huge and then all the way down to e through d. Just a hypothesis. Of course, movement will not be in a straight line, expected to bounce off support and resistance on its way up or down. Buying at support and sell-off at resistance seems to be the norm for now.

Laso09:
I have read your earlier posts on this.
What you normally do is to multiply the best quarter earnings(eps) by 4 but in this case you are multiplying the full year eps by 4.

SAK:
I am also surprised with the calculation,why multiplying by 4 again ,when the unaudited result is for the whole year??

Why did you multiply 0.31 by 4.
Is the 0.31 not for the whole year?