What is happening right now in TRANSCORP seems more like a very brief stopover in the course of a long journey.
With bids returning after full offer all within less than hour indicates that it it not yet a free fall.

Mpeace:
This people want spoil market for person.

Streetinvestor2:
The alert I got says Japaul 6 from sterling registrars.
I don't even know Japaul registrar because I have never filled e dividend to that effect

Once you have account with Sterling Bank you may not need to fill e-dividend form before receiving dividend deposit alerts for some stocks.
Sometime two years ago I just woke up to see numerous dividend alerts from Sterling Bank. When I checked my email I realized they were accumulated dividends of over 10 years and I had before then never filled the e-dividend form of any of those registrars. The dividend you have just received from Japaul could be an old one they declared some years back.

yMcy56:

Maybe.....but remember Norremberger came in when the stock was dead and abandoned at car park for long.......I think the N1.60 was juicy for the stock that time.
I've not even check the result anyway.....

Please check.

yMcy56:

A whole DANGFOODS at below 50!
Very cheap

Btw, INTENERGY is back!
Newbies ask questions o.
A buy-out price of N1.60 is still on course.......though we dont have updates on it yet.
** If you must buy, wait at bargain junction**

From the improvement in the most recent set of results I seem to think that that buy out price may be renegotiated higher.

gidgiddy:


Yeah, I remember, Ironsi was married to Flora Shaw, the British woman who created the word 'Nigeria' in London

You unity beggars will cry when your long failed 'one Nigeria' breaks up and several countries emerge

The point here is that at some point the British entertained the demand for secession legislation and allowed all regions to make their positions known about it so as to create a law to make it possible but the unity begging Region Eastern Region resisted it and got the British to change their minds.
After the British left and we were left to ourselves to allow one another go so someone from Ijaw started the movement but the Unity begging Region got him arrested and sentenced to death by hanging. Recently the unity begging Region suddenly dumped their mantra and became obidients overnight seeking one Nigeria again, yet you want us to take them seriously on secession?

gidgiddy:


Who said referendum has to be in the constitution before it can be conducted?

Referendum is not in the British constitution but referendum was used by Britain to leave the EU

The same Britain that created your long failed Nigeria

Per the bolded, just listen to yourself. How could the absence of referendum in British Constitution have been the basis for UK's successful exit from EU? Does the EU use the British constitution or have its own EU constitution which permits the exit of any member country?

Please Britain did not create Nigeria. Azikiwe and Ironsi did.

gidgiddy:
Nigeria has long gone down the drain, conduct referendum let everyone gonand form their seperate countries

The constitution of Nigeria has no provision for secession referendum. Thanks to your brothers Zik and Aguiyi Ironsi.

lawani:


People don't really understand that history. An NCNC/AG alliance would have meant the end of Nigeria. The NPC wanted nothing less than the PM position without which the North would have exited the union.

Wouldn't an end to Nigeria have been better for you today? Was it compulsory for Nigeria to have existed in the first instance? If yes, why have you been seeking Biafra ever since 1967? In the event of the AG-NCNC alliance leading to the breakaway of the North, wouldn't the residual republic made up of only the present SW, SS, SE and parts of Middle Belt have been better and more prosperous today to the admiration of the whole world? So because you and your people feared that Nigeria would cease to exist you chose to deliberately make the wrongest choice just to see Nigeria remain? Has that Nigeria now not become an albatross to you? And yet you and your brothers are here accusing others of making wrong choices? Is that not a case of pot calling the kettle black?

Babaken:
To be Frank with you igbos are not hungry for presidency if you doubt bring the like of Okorocha or Orji uzo and let Osibanjo contest against them you will see Osibanjo will win more in the East they are after credibility .

Wasn't it the same you Easterners that voted these same Orji Uzor Kalu and Okorocha as governors over other better candidates that ran against them within that your same East?
In 1993 didn't you Easterners vote for the barely educated Alhaji Bashir Tofa over Abiola a first class graduate of Accountancy from the University of Glasgow? At independence which was the very critical and most defining moment about Nigeria's future, wasn't it you Easterners that rejected the far better AG-NCNC alliance proposal which would have thrown up Zik as prime minister but joined Northerners to vote for the NPC-NCNC coalition which put government in the hands of people from the most educationally backward region in Nigeria and till today? When you lots speak you speak with so much sanctimony that those of the indomie generation who don't know anything about your terrible past choices of very bad candidates over better ones will think you lots are just being victimized in Nigeria when in actual fact the Nigerian culture of voting the worst candidates over the better ones was instituted by your lots hence the mess Nigeria is today.

mails4funshi:


With this shareholding structure, should TRANSCORP be worth less than 50% of TRANSPOWER?

Nice reasoning

ogoo4real:


So automatically if one has Transcorp shares, who indirectly have a share of Transcorp-power-plc. Please correct me if am wrong the gurus in the house...

It appears so to me too considering the traction which Transcorp is getting from Transcorp Power.

Locotrader:


As you dey increase, I follow you for back.
Now 8,753,061.
I got some fund this afternoon to make it 10m units.I pray it returns to 3.77 tomorrow.

Whether champion touch 2.50 or not na #15 I want.Instead make I go long with it.

Champion is my own Transcorp+power

Hmmmm. Then we can as well call it Champion Power. Wahala dey berekete for this NGX

But on a more serious note, I too am still hunting for more of that champion and will hold until second quarter at which they said the buy over will be completed.

222Martins:
Stop quoting me about ChampBrew. I don't want to sound like those who hype Oando, lure people in and dump Oando If ChampBrew comes down to 2.80 this week, i will up my stakes to 100M units. For now, all i have is 11M+ Afolabi units and that's just 10% of my entire portfolio. I am up 15% on ChampBrew and i haven't sold a dime.....

If not for Loco, nobody for hear my voice for this small ChampBrew wey person buy. Abeg, no mention me again for this ChampBrew matter. Everybody na CEO for him own portfolio. Let's discuss other companies and the opportunities they offer

See as you dey secretly plan to chop alone. Chai! And later una go dey blame our politicians for selfishness.

vacanci:
This life of NGX no balance at all.
i am just wondering how these two stocks performs if not manioulation

1. Transcorp Hotel
Revenue: N42B
PAT: N6B
OS: 10Billion
EPS: 60kobo
SharePrice: N97.9


2. NASCON
Revenue: N80B
PAT: N13.7B
OS: 2.6Billion
EPS: 518kobo
SharePrice: N48.15

Abi Alhaji too dey straight forward? i remember say na Ote$ na im push Cement up, if not e for still dey there

I have come to learn over time that the movement and prices of stock all over the world are not strictly dictated by Mathematics.

Coolcash1:


Champion needs to re-test N2.80 to pack more passengers...

You wan pour sand sand for people garri here?

vacanci:


how do you calculate 10% from opening price of N4.08 and closing officially at N4.24

That should be less than 4%

Thanks. That was some oversight as I used 3.77 as reference point. Just wanted to say it closed well in green against the initial reddening which gave him some apprehension.

KarlTom:
Okay sir!

Ghen Ghen......! CHAMPION regained balance. Made 10%

Mpeace:
Lol. If na me, na 100k a day I go dey release for the next two years.

Btw, it appears the bid/offer column of transcorp power on Morgan capital is not correct. Its not moving despite all the trades.
Pls do you have access to the actual number of bids on transcorp power?

You be army robber.

BullBearMkt:

...expect some reactions (for MTNN) at current level; likely to go further down to 160 though

Seriously praying for that.

Princkez:
same calculation you guys did on Transcorp last week when Power was about to be listed....today see TRANSCORP PLC

On Friday last week, I forecasted that Transcorp would likely near N30 in the short term because its resilience at 12.55 throughout the brief bear compared to all the other stocks that tanked significantly coupled with the strange rush for its shares that very Friday were glaring pointers to something big lurking around regardless of the analyses here

KarlTom:
CHAMPION

Be calming down. Nearly all the stocks have a lot of their holders offloading to buy TRANSCORP and/or TRANSPOWER.
The way to go now is counter attack meaning that one should rather lay ambush for those stocks where serious offloading is taking place and strike at their bottom when the rallies in TRANSCORP and TRANSPOWER end

Shalom428:
Transcorp has the controlling shares of Transcorp Power. With 51.6% in Transcorp Power , Transcorp remains the Parent company. All things being equal.

Technically , every Transcorp shareholders owns 51.6% shares of Transcorp Power. This alone should propel Transcorp price but this is NSE , everything is possible, nothing is impossible.

If the elites can be sincere and play by the rules , the investing public and foreign investors will be encouraged but again , this is Nigeria

Not a buy recommendations.

Follow The Money

Truth

vacanci:


for me i don't care whether MTN is good or not. i don't have emotional attachment to any company. i am only interested in my money.

If MTN price goes down and i spot opportunity to help that my money, i will jump in. when i meet my target i will jump out. my money is more important

Words on marble.

Testimonies777:


It will be open by 2pm

Thanks

I thought we were expecting TRANSCORP POWER by 1:30pm today? What's happening? This is almost 2:00pm

PETERiCHY:


Mr MARKET has no EMOTIONS
If you CAN'T take the HEAT better STAY out of KITCHEN.

Words on marble.

Zegra:


You can buy more.

Yes, I am loading. It might just be the way to my breakthrough this year. Who knows.

iHaveMadeiT2:

With which money?

Your moniker means you have enough money to keep buying on and on as you like.

Emeka1441:
was able to buy more too..

Good.

yMcy56:
MTNN @180/181 !!
Bargain hunters start cherry picking ooo.

I am in a deadly ambush for MTN. Pouncing will take place in few days.

Emeka1441:
omo how did you get it

It is a matter of watching out for offloaders