₦airaland Forum

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?

Streetinvestor2:
is this applicable to just insurance sector. I don't see it working for banking and big conglomerates into building materials and others

Laso09:
Why did you multiply 0.31 by 4.
Is the 0.31 not for the whole year?

aj8:
So what is the EPS ? on 6.26 billion units if I may ask?

KarlTom:
The PBT is 350.8% y-o-y

That's gargantuan

Also noteworthy are the reduction in cost of sales

chunkuli:
[@aj8 trying to reach out to you abeg my bro say hi to Solaralph2002@gmail.com

stcool:
I can't tell, but let me get the units I need first then see how it goes! Its a long term play for me unless it takes another run, I exit if profit is good.

eziokwunwoko:
What is your Common Sense Target of UBA.
Please reply me

aj8:
My common sense target for TIP is N1.92. Range N1.92-N2.40. Bought some on Friday @ N1.01 . Will buy more only below this price.

Streetinvestor2:
Nice one.The bench mark for Mr T for uba will be #30.He will want to remain in that 1 trillion naira capitalization. Which equally goes for access and fbn