₦airaland Forum

Chibuking81:
If the Transcorp quoted in NSE maintain control interest of Transcorp hotel just quoted recently in NSE.
My questions are;
1. Why the EPS of their hotel they maintain their controling interest is far above their own EPS?
2. Where exactly did you extract the attached information you pasted, and is it of which year?
3. Transcorp group and transcorp are they the same? ( a case study of conoil, which it's of recent we discovered the different between conoil plc and conoil quoted in the exchange.

Please can you honorably explain them for me.

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.

Chibuking81:
One of its subsidiary will soon get independent like transcorp hotel.
In years to come you will see transoil, transpower.

Transcorp is a mother giving birth to children, that will come in as independent companies through IPO. The more you look the less you see.

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

RabbiDoracle:
Hope the banker understand what he is doing?

That was how COP was sold and Oando rushed in.

Future will tell anyway.

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

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

Agba, So this is where you get you recommendations. No wonder...

Teeonly:
http://www.nse.com.ng/Financial_NewsDocs/22920_UACN_PROPERTY_DEVELOPMENT_CO._PLC_FINANCIAL_STATEMENTS_JULY_2018.pdf

Be releasing the results sharply na abeg.
Give us oando result abeg you.

Mcy56:
Transcorp: 100M+ against 6M+ and yet not on full bid.... wonders of NSE.

27million Units traded already. Winch abi na witch.

40milliin transcorp bids yet not on full bid. Winch of fake bids. Lol

mendes911:
If so, why didn't FO rally as well? Sellers got tired, if you check the volume sold yesterday and how activity went, the signs were already there that reversal was imminent. It remains to show how far it will go.

At about 40,000 boe and average crude price of $72 for 2nd quarter, Oando might turn in about 42k EPS and the earlier they release the result, it might sustain the upswing.

Make we dey watch shaaa.

FO will surely rally today. Watch and see. They are the highest beneficiary of this payment when you consider their outstanding shares. If they get paid, we can expect it to add about 12naira to their eps.

Mpeace:
The approved amount is expected to be shared to oil marketers as follows: Aiteo – N4,988,199,360; Conoil – N5,588,285,132; Forte Oil – N15,480,455,907; Bovas – N5,953,684,258; Capital Oil – N8,339,052; Mobil – N8,282363; MRS Oil and Gas – N20,948,270; Oando – N14,972,585,600; and Total – N21,569,996,843.

But I think the money will reflect in q3 result.

The approved amount is expected to be shared to oil marketers as follows: Aiteo – N4,988,199,360; Conoil – N5,588,285,132; Forte Oil – N15,480,455,907; Bovas – N5,953,684,258; Capital Oil – N8,339,052; Mobil – N8,282363; MRS Oil and Gas – N20,948,270; Oando – N14,972,585,600; and Total – N21,569,996,843.

https://nairametrics.com/senate-approves-n348-billion-to-clear-oil-subsidy-claims/
This is why oando rallied.

Agbalowomeri:
It will be on offer tomorrow

Lol.the oando that does not have all the fear fear foreign investors. It will move soon.

Yayira:
Hahahahaha I side it!
Where is Mpeace
So even @ 20 you’ll not buy ?

I told you naa, even at 20kobo them no go buy. They will keep shifting until thy kingsdom come.

emmanuelewumi seen peeping.

Mcy56:
Where is Peterichy? Want to hear what he's got to say about this Oando palaver.

I perceived another money making avenue should the ruling be in favour of Oando. *Thinking loudly*

Classmate, which ruling are you talking about. You know say I no dey class since, due to school fees matter.

aremso:
You have spoken well. However, can we invest the kind of money that will jack up the index like those foreign investors does? if yes fine but if no then let aluta continua oo

Not with the incidents if 2008, where lots if pple lost money and confidence in the system. Many dont want to hear stocks anymore.

Agbalowomeri:
Na so foreign investors do us wayo again this year

If NSE must do well, we must reduce the level of foreign participation to such a level that they dont dictate the index.

Interest in N T- bills also falling.
Treasury bills worth N178.44 billion was offered, while a total of N174.39 billion was subscribed for the 91 days, 182 days and 364 days, which represents 97.75% subscription rate.

A total of N107.05 billion for 91 days, 182 days and 364 days was alloted. Here is a breakdown of the allotment.

N5.8 billion worth of 91-day bills were alloted of the N6.6 billion subscribed. Stop rate was 10%
N26.6 billion worth of 182-day treasury bills were alloted of the N26.8 billion subscribed. Stop rate was 10.5%.
N74.5 billion worth of 365-day treasury bills were alloted. Stop rate was 11.49%.- Nairametrics

Cadillac15:
But people get mind o. Seeing the volume traded in OANDO today, despite the bad news hanging on their head, i am just imagining the motive of those buying these volumes.

There is no bad news on oando's neck. You will see why this pple are buying, once the results are out. That judgement has little to do with oando. Its against a company that owns shares in oando.

The young man can only post negatives. One thing in life is that we must always realise that there are pple that never see anything good in what ever they come across. You just have to take note of them and beware if how you get influenced by what they say.

Yayira:
INDEX - 30,000

Even at those prices, they will not buy. They will shift the goal post further.

Agbalowomeri:
New junctions

Skye - 20kobo
Diamond - 50kobo
Fidelity - 70kobo
Fcmb - 70kobo
Zenith - N12
Guaranty - N18
Honeywell - 80kobo

Let me help you:
Dangcem-N30
Nestle - N60
Seplat - 40
Total - N20
Mobil - N15
C&I leasing - 20kobo
Caverton - 20kobo
I ni call CP oh.

musty00:
I don't know for the others on the list, but I don't think Guaranty and Zenith will get to those prices.

Let's see sha

Na you get time to reply them.

Agbalowomeri:
New junctions

Skye - 20kobo
Diamond - 50kobo
Fidelity - 70kobo
Fcmb - 70kobo
Zenith - N12
Guaranty - N18
Honeywell - 80kobo

One week in the village and you are already sounding like a village boy.

Ocean and Oil Partners, against whom the decision was reached is a shareholder in Oando Plc(which we have shares in) It holds 35% oando shares. http://www.oandoholdings.com/about-ooh.aspx

Meanwhile, where is Mr UCAP result. They used to be first.

locodemy:
This one you are sounding like this.I hope you didnt buy the stock last week as you told us about the revelation/dream you had on the stock.

If you dont have it, go get it. I am waiting for Transcorp to rise abit so that I can sell and transfer to oando.

locodemy:
wonders shall not end.This oga still has the liver to attend to cp's comment on oando.
I hope you don jaa before this calculations?

[b]Oando PLC further sets the record straight that the Company, Oando, is not involved in the case and ruling made on July 6, 2018 by the London Court of International Arbitration (LCIA) on the case involving Whitmore Asset Management Limited, a company owned by Jubril Adewale Tinubu and Omamofe Boyo, Ansbury Investments Inc., owned by Gabriele Volpi and Ocean and Oil Development Partners (OODP) BVI Ltd, is owned by all three parties Wale Tinubu, Mofe Boyo and Gabriele Volpi.
Head of Corporate Communications for Oando, Alero Balogun, categorically stated that “the ruling by the LCIA does not involve Oando, as Oando was not and has never been party to the arbitration, the ruling states that Whitmore and Ocean and Oil Development Partners are indebted to Ansbury Inc, nowhere is there mention of Oando PLC. It is critical that people understand that not only are we not involved in this dispute, we do not owe money to any of the parties involved. The continued mention of our name in what is a 3rd party dispute is unfortunate and damaging to the brand and shareholder value[/b]
I am not too bothered. Still looking for the bottom.

yom2:
I get a hint this company is shuting down some plants

See last paragraph of page 2 of the result. Transcorp is not shutting anything, they made nothing from discontinued business.

currentprice:
oga Mpeace know best way to calculate it, he will teach us

lol. EPS is -20 that is if Tinubu and co manage to push sole liability ti oando.

Chibuking81:

Thus guy. I did not see you for a while, making me believe there was a coming bull. Now you show up, it means only one thing, Bears Bears Bears.