₦airaland Forum

UPDATED

KarlTom:
CORPORATE ACTIONS

TRANSPOWER
DIV. 350 kobo
QD: Tuesday 11th February, 2025.
PD: Tuesday 11th March, 2025.

NGX
DIV. 200 kobo
QD: Friday, 13th March 2025.
PD: TBC

GEREGU
DIV. 850 kobo
QD: Thursday 13th March, 2025.
PD: Friday 28th March, 2025

UCAP
DIV. 50 kobo
QD: Friday 14th March, 2025.
PD: Friday 4th April, 2025

AFRIPRUD
DIV. 60 kobo
BONUS: 1 for 1
QD: Friday, 21st March 2025.
PD: Monday, 31st March 2025

TRANSCOHOT
DIV. 64 kobo
QD: Tuesday 25th March, 2025.
PD: Wednesday 16th April 2025

TRANSCORP
DIV. 60 kobo
QD: Thursday, 27th March 2025.
PD: Wednesday 16th April 2025

LAFARGE
DIV. 120 kobo
QD: Friday, 28th March 2025.
PD: 25th day of April 2025

HMCALL
DIV. 7 kobo
QD: Monday 31st March, 2025.
PD: Friday 25th April, 2025

NASCON
DIV. 200 kobo
QD: Wednesday 16th April, 2025.
PD: Friday 9th May, 2025

MECURE
DIV. 15 kobo
QD: Friday, 18th April 2025.
PD: TBC

CHAMPION
DIV. 6 kobo
QD: Friday, 9th May 2025.
PD: Wednesday 21st May 2025

DANGCEMENT
DIV. 3000 kobo
QD: Monday, 9th June 2025.
PD: Monday 23rd June 2025

BUACEMENT
DIV. 205 kobo
QD: Friday, 8th August 2025.
PD: Thursday 28th August 2025


......

Ding!

Except you know someone personally (even this is not certain), everything you see here should be taken with a pinch of salt 🤏.

I can as well share SC of my holdings from 2010 here and brag about entering the market early bla bla bla.

The diversity of our thoughts and views makes for a balanced investment strategy and decision-making.

No one is perfect cos even the 'gurus' miss it sometimes

Every mallam to his kettle... ✌🏽

OandO

https://doclib.ngxgroup.com/Financial_NewsDocs/43322_OANDO_PLC-OANDO_PRESS_RELEASE__CORPORATE_ACTIONS_MARCH_2025.pdf

ARADEL. ±
CONOIL. ±
ETERNA. +1.20%
OandO. -0.46%

Even FBNH keeps popping up on MC ...

Raider76:
Confusion as Yochaa reports prices for FBNH, FirstHoldCo and FIRSTHOLDCO.

"Be fearful when others are greedy. Be greedy when others are fearful.” – W. Buffett

Payunsin:
Whats happening with livestock, make greed no kill me.
I bought at 2.33 k sold half of my holdingd at N6 instead make I sell all the remainder today Na only 350k units I don sell to test market
Something juicy dey come with this kind rally.
And for those bashing Oando, this is one of Oando loot fruit another fruit too is doing well updc at close to 100% now Na greed no lot me sell above 200%

Ding!!!

Alhaji already delivered DANGREFINE.

Now he has time for DANGFOODS...

Princkez:
DANGSUGAR going on full bid ....what's really going on even with poor results.....already on full bid

48 Oil companies owing FG 9.4 trillion

These debts were apparently declared as revenue in FY results...
https://nairametrics.com/2025/03/10/alleged-debt-7-oil-companies-undertake-to-pay-fg-37-4-million-before-august-reps/

D

It is sustainable.
Remember that TRANSPOWER is planning to ramp up production to cater for 25% of Nigeria's energy needs...

pluto09:
It is an excellent result but I don't think that kind of growth rate is sustainable for the next five years.

No sir. The calculation is just to arrive at a fair value EPS.
Of course, the DIV will be paid on the 10.16b units...

We definitely didn't need this calculation in FY 2023 and won't have them in FY 2025

pluto09:
I didn't say they are wrong or they made a mistake.
That complex calculation is not just necessary
They are not going to pay dividend based on os of 35b or are they?

Mpeace:
For the very first time, Agba gives pass mark to a stock.

Abi na in the spirit of world women's day? As transcorp CEO na woman

Not really (at the bolded)

Even though I'm not a professional financial analyst, I believe that they have a very competent team.

You can't expect them to make such a blatant mistake though I'm not 100% in alignment with the 'abracadabra'...

pluto09:
I think they are just out to confuse the uninitiated, that is their way.
eps at December 2024 should be PAT/OS which should be 51.524/10.102.

The figure used for computing the EPS is correct.

2024 has 366 days.
The Reconstruction was completed on October 28, 2024 (valid from 31 October, 2024 using T+3).
OS of 40.64b was valid for 305days
OS of 10.16b was valid for 61days

Average OS = ((305*40.64) +(61*10.16)) /366
= 35.56b

chimex38:
For the full year 2024 result, Transcorp used the fact that the OS for the entire Business year was not always 10.16bn neither was it always 40.64bn(pre-reconstruction).
Hence they used the Weighted Average of the two OS.

how?
The Weighted average between: The Pre-reconstruction OS & the Cancelled OS

Cancelled OS=
Old OS -New OS =
40.64bn -10.16bn=30.48bn

I think they believe the cancelled OS was still part of the business year capitalisation.🤷

Weighted Average=(40.16bn +30.48bn)/2=
70.64bn/2
=35.32bn OS for the year..

It kind of makes sense the weighted average OS used(35.32bn) is skewed closer to the old Pre-construction Os(40.64bn) since for over 9months of the business year-2024, the old OS was still in play..

If one divides the the controlling interest portion of the PAT by the weighted-OS (35.32bn), one will get how are they arrived at the EPS.

The details are in page 97 as @KarlTom has already pointed out.

Exactly!
It has always been that way...

Agbalowomeri:
Transcorp used to have one noncontrolling interest like that. Maybe that's the case although I haven't looked at the results

The breakdown is on page 97...

unite4real:
I didn't expect the EPS to be less than N5. The profit after tax attributed to owners of parent is N51 Billion. So if the current OS of around 10 Billion was used, the EPS reported is wrong. Even if you used the OS figure pre reconstruction, you still cannot arrive at the N1.45 they reported.

Do they prorate EPS in a year where share reconstruction happens?

Does anyone know why this is happening

I hope the AGM will not be stormy

AFRIPRUD

DIV. 60kobo
BONUS: 1:1

https://doclib.ngxgroup.com/Financial_NewsDocs/43304_AFRICA_PRUDENTIAL_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

If you ask me, na who I go ask...

ojeysky:
How come transcorp was only able to pay 60k dividend with profit of over 90bn and EPS increase of over 200%. The maths is not adding up o

TRANSCORP

https://doclib.ngxgroup.com/Financial_NewsDocs/43303_TRANSNATIONAL_CORPORATION_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf

Hmmm...

Every mallam to his kettle

zendi:
I was crying that oil price was falling and you're rejoicing with "Good News" that we're cheating on OPEC Quota.

The quota is meant to protect the price.

The price is looking up now that Trump has paused some of his trade war.

ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. -1.32%

The terminology is incorrect.

There is no business on a Saturday. They should learn to manage expectations better...

yMcy56:
To be released on/before 8th March.
Today is 7th, so by weekend or latest Monday 10th it should be out...
Maybe by COB today or weekend.

Which business are they doing on 8 March 2025 (a Saturday)

Anyway, I blame SEC and co for their nonchalance...

sterlingD:
Africa Prudential delay in releasing result

https://doclib.ngxgroup.com/Financial_NewsDocs/43292_AFRICA_PRUDENTIAL_PLC-MARKET_INFORMATION_ANNOUNCEMENT_CORPORATE_ACTIONS_MARCH_2025.pdf

President DJ Trump has paused some of the proposed tariffs on Mexico and Canada...
https://www.bbc.com/news/articles/c5y03qleevvo

yMcy56:
Quite some green in the market.....

...

Who is buying up OKOMU

Mpeace:
Na elumelu go pursue me comot from this stock business.
Wale fit better pass this guy.

Ding

TRANSCORP

DIV: 60 kobo

https://doclib.ngxgroup.com/Financial_NewsDocs/43284_TRANSNATIONAL_CORPORATION_PLC-POST-BOARD_MEETING_NOTIFICATION_CORPORATE_ACTIONS_MARCH_2025.pdf

Good News...

https://nairametrics.com/2025/03/06/opec-oil-output-rises-in-february-as-nigeria-exceeds-quota-by-70000-bpd/

zendi:
...
I'm watching this latest crude oil's dance steps a bit nervously, and prayerfully wishing it back up above $70.
A lot depends on it in our petrodollar economy, in our market and in our portfolios.

ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. ±