₦airaland Forum

Mpeace:
Saraki, beating buhari since 1980. The bears that this morning's events would gave brought eh... Thank God they failed.

DOLLARTEX:
any one with the link to NSE corporate disclosure site? please!

Coolcash1:
Exactly. Chibuking81 should leave the political gladiators alone. When they are done with their theatrics they will let us know.... Mr. market sef no look their side.

Mpeace:
Just dey run oh, because the type stone U see the guy picking now now eh, is more than the one Buhari use dey pursue saraki.

austinkenneth:
Sell your stocks and repurchase by March-April next year. Period.

Don't hold onto things that are declining. The fears about the election are going to be overblown. Good stocks will decline.

Sell now and buy just before elections. The market can remain irrational longer than you can remain solvent.

The FPIs are gradually unwinding their positions. They have to do so gradually of course because of their big holdings. Very soon the you'll see the impact of their actions on the exchange rate.


Don't be a bagholder. Don't hold the bag for them.

Instead strive to be a carpet bagger.

For those that'll survive the upcoming carnage with their liver and capital, elections will be peacefuĺ....Naira will be devalued ( free float), fuel subsidy will be removed...All these will point to a 2019/2020 bull.

mendes911:
Chief, why are you wasting your time to explain all these to Chibuking? He reads them upside down, waste not your time Sir.

ihedioramma:
ONE LOVE . Am looking for my cutlass .

Agbalowomeri:
Chai brother Uchenson and brother Dumexoga. Oando don woundjure men o. I saw Uchenson in his harmlet on the way to my village crunching sweet maize. The way people defended Wale chai

Agbalowomeri:
Transcorp wey you buy for 1.55. Better go carry your dumpT for village

Yayira:
You’ve done well jare.. now he’ll let transcorp rest and face his election talks

Godisfaithful:
Absolutely correct sir. The promo might surpass the one everyone experienced during the last election . Just getting the ammunitions ready

aremso:
you forgot to mention transformer

Mpeace:
Especially Oando. That is if they dont do mago mago reporting especially now that Tinubu needs money to pay judgment debt.

PETERiCHY:
Those 2 aforementioned STOCKS will make people RICH this year

*ThE OcToPuS*

PETERiCHY:
Those 2 aforementioned STOCKS will make people RICH this year

*ThE OcToPuS*

Yayira:
You’ve done well jare.. now he’ll let transcorp rest and face his election talks

Agbalowomeri:
Better leave Chibubear alone in his own world

Mpeace:
Out of 7.4billiin shares of Transcorp Hotels, trascorp owns 6.3billion, Ministry if finance owns 800million. The rest is shared.

Mpeace:
Go and look for the last transcorp released result for q2 2018. Page 6.
As for the eps question, you need to start coming to class more often so that you learn that eps of a subsidiary can be more than the main company as is the situation with FBNH and others. EPS depends on the number if a company's outstanding share.
I also advise you enrol for summer/extra classes from Dr. Agba the lesson teacher.

Mpeace:
And Transcorp will continue to hold controlling interest and shares in those subsidiaries. Transcorp holds majority and controlling shares in transcorp hotels.

Mpeace:
https://nairametrics.com/heirs-holdings-plc-set-to-acquire-shell-nigeria/
According to reports from Bloomberg, Heirs Holding Ltd is already raising funds to acquire the two oil mining licenses 11 and 17 valued at $2 billion. The assets include a natural gas-fired power plant which will be managed by Transnational Corporation of Nigeria Plc.

Transnational Corporation Plc in its Half year results for the period ended 31 June 2018, recorded a 44.8% increase in revenue from its Power segment of operation from N27.97 billion in half-year 2017 to N46.08 billion half-year 2018. The largest of its five revenue segments

Mpeace:
Hope so too. But good a thing the deal is for his Heir holdings, transcorp will only manage the power plant component.

RabbiDoracle:
Hope the banker understand what he is doing?

That was how COP was sold and Oando rushed in.

Future will tell anyway.

Mpeace:
https://nairametrics.com/heirs-holdings-plc-set-to-acquire-shell-nigeria/
According to reports from Bloomberg, Heirs Holding Ltd is already raising funds to acquire the two oil mining licenses 11 and 17 valued at $2 billion. The assets include a natural gas-fired power plant which will be managed by Transnational Corporation of Nigeria Plc.

Transnational Corporation Plc in its Half year results for the period ended 31 June 2018, recorded a 44.8% increase in revenue from its Power segment of operation from N27.97 billion in half-year 2017 to N46.08 billion half-year 2018. The largest of its five revenue segments

temple4real:
The Federal Government has disbursed N668.898 billion to the three tiers of government for the month of May, despite the impasse in the Federation Accounts Allocation Committee (FAAC).

Director of Information at the Federal Ministry of Finance, Hassan Dodo, revealed this in a statement on Friday in Abuja.

He explained that the sharing of revenues for May, which was meant to be distributed in June, was put on hold because of the disagreement on remittances by the revenue generating agencies, especially the Nigerian National Petroleum Corporation (NNPC).

Dodo added that the money was distributed due to the urgent need to cushion the undue hardships being experienced by workers nationwide.

He, however, said the government was intensifying efforts to address the unsatisfactory remittances.

According to the director, the N668.898 billion is made up of the statutory distributable sum of N575.475 billion and N93.423 billion from the Value Added Tax (VAT).

He said, “The total revenue realised for the month, was shared in line with the extant formula as follows: Federal Government – N282.223 billion; State Governments – N181.167 billion; and Local Government Councils – N136.490 billion.

“The Oil Producing States received N53.071 billion as 13 per cent derivation. The sum of N15.947 billion was paid to the revenue generating agencies as costs of collections.”

Dodo revealed that the statutory revenue of N575.475 billion received for the month of May was lower than the N613.057 billion received for April by a total of N37.582 billion.

He noted that from the total statutory revenue of N575.475 billion, the Federal Government was given N268.770 billion, the states – N136.324 billion, Local Government Areas – N105.100 billion, the oil-producing states – N53.071 billion, while the revenue generating agencies received N12.210 billion as costs of collections.

“For the month of May 2018, the total revenue of N93.423 billion from the Value Added Tax (VAT) was N5.458 billion higher than the N87.965 billion distributed in April 2018.

“From the total of N93.423 billion, the Federal Government received N13.453 billion; the states received N44.843 billion; the Local Government Councils received N31.390 billion, while N3.737 billion was received by the revenue collecting agencies,” the director said.

The monthly FAAC meeting held in June had ended in a stalemate as a result of the disagreement on remittances by the revenue generating agencies.

The controversy continued as the Nigeria Governors’ Forum (NGF) faulted the remittances from the NNPC, saying they were inaccurate.

Briefing reporters after the governors met on Wednesday in Abuja, NGF Chairman and Zamfara State Governor, Abdul’Aziz Yari, queried the amount the NNPC claimed to have used for the payment of petroleum subsidies.

He said the governors resolved that until the agency corrects the discrepancies in the amount remitted to the Federation Account, the states would not share the money.

veecovee:
IT'S WRONG TO ASK ANY DEAD SAINT (MARY, PETER, PAUL ETC) OR ANGELS, TO PRAY FOR YOU.

www.nairaland.com/3560501/holineness-righteousness-revival-daily-messages/15#69512016

mendes911:
Chai. The way/manner you come up with assumptions. Just sit down and clap for yourself. Do you read these annual reports upside down?

Yayira:
Wicked people

musty00:
Some prices I was expecting around August ending are already available. Na to dey shift goal post small small to avoid injury.

awesomeJ:
Your conclusion is like a doctor giving prescription based on just his opinion rather than test results.

If you made enough findings on the 2014-2017 market crash, you'd discover that the impact of the elections was 10% or less.
On the other hand, the impending currency crisis held more than 50% weight of the cause.

Elections were concluded in Q1'15, why then did the market struggle thorough the next 8 quarters after elections.

On the other hand, the currency crisis began in late 2014, remained through 2015, worsened in 2016, and was abated in Q1'17. Check the growth trend of transactions in the I&E FX window and compare with the movement in the NSE ASI, the picture will be clearer.

Let me give an instance to illustrate why history may not always repeat itself.

On June 25th 2016, Your wife bought you a Rolex for your birthday.

ByJune 25th 2017, you expect another awesome gift from her. But you need to align your expectations with current realities.

While she was a big Executive in 2016, in 2017 she's in between jobs. So it'll be foolhardy to insist that history repeats itself.

Or your first son graduated with a first class degree, and his younger brother has just gotten into college. You wouldn't expect history to just repeat itself if you found that unlike his elder brother, your younger son chooses parties over classes.

THE ELECTION ISH IS OVER RATED!! IT'S PROBABLY GETTING ...