₦airaland Forum

yMcy56:
So you want them to hoard it?
E never near 1bn yet o
Never even near the 500milion on top...
It's new listing and there must be a certain % of free float to release to the public

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?

yMcy56:
TRANSPOWER
More distribution of the free float ongoing now....
Yesterday: Just 40m
Today: 57m+ so far....
I think Tony is a generous and changed man....... disappointing all those castigating him..

Unlike MECURE that came to run people street upon listing......

The way its being brought out, its possible the thing go dey available before 500.

40million yesterday, 60million within 1hr 30mins of trading already today.

KarlTom:
Serious matter. TRANSPOWER

that 40million units done yesterday, thats what they will use to raise price to 1k.
100,000 units a day is how they will do it lol.
Disclaimer: Na joke I dey joke oh. Just put ur money for queue, one day you go get.

Willie2015:
How do they tackle losses from devaluation...?
Its almost a regular feature of coys with such exposure...
DSR.. MTN ..Airtel...Total . Nestle etc etc...
Its getting scary...

Thats what investors want to see from q1 result before taking a decision to enter or not.

I think mtn is waiting for q1 2024 to decide what way to move.

Streetinvestor2:
I don't think it maybe that straight. Geregu has 2.5 billion os and transcorp is 7.5 billion. And geregu has little floating. I don't think Tony can control the float of transcorp like ote.We wait to see shareholders structure of TPP

Geregu free float is more than that of transcorp power t the moment

EDUECO:
It is absurd for an intelligent investor to buy a stock for N900 to N1000(the current earning per share is not even up to N50).

'Intelligent Investor and 'Security Analysis ' by Benjamin Graham is compulsory read for any serious investor .

NSE has nothing to do with intelligence.

emmanuelewumi:
EPS of N218, from 80 million outstanding shares. Now it is about 7 billion or thereabout

based on their posted PAT, their current eps could be less than 7 naira.

Note also that Elumelu sabi separate
Eps attributable to owners of the company and eps attributable to noncontrolling members.

But its the power sector, and with geregu as competitor, eps would not have much relationship with price.

yMcy56:
No be small thing oo
Maybe that's why some brokers/institutional investors were exiting SUGAR/SALT to key into it first.......then come back later.

E fit reach 1k before ordinary man like me go fit gain access.

KarlTom:
Watch here:

https://www.youtube.com/live/YJKryvETGoM?si=b4HP9fC1jP3ghruM

Pls tell them to be louder. I no fit hear them well

KarlTom:
Stop joking

Its there on the equity board. Transpower. Below transexpr

ndept:
This should be bonus of 1 for 50.....

Its small but its something sha. They should have just paid 2naira

Willie2015:
Just calm down.. u will get it less cheaper.. . Airtel was smarter ..they arrange share buybacks that will last for months to reduce effect of bad result

You better start buying small small oh. Cos many are eyeing it and any small thing na full bid you go see

Zagee:
Looking forward to the uncertainties being addressed by end of day

Tactically, they are not bringing Elumelu to address the investing public.
Mr Peter Ikenga CEO Transcorp Power Plc will do the address.

Zagee:
Punctuality prefect is here

https://doclib.ngxgroup.com/Financial_NewsDocs/40439_TRANSNATIONAL_CORPORATION_PLC-LISTING_BY_INTRODUCTION_OF_TRANSCORP_POWER_PLC_CORPORATE_ACTIONS_MARCH_2024.pdf

So trans Afam is not even part of Transcorp Power Plc. And AbujaDisco might also not be part of it. Well lets watch and see how things go.

Emeka1441:
am planning on jumping on trans power too.. but i’m just worried it might go up…before its even listed.. if it goes up more than N300 am not buying till it drops

Lol. When you look at the shareholding structure, you begin to wonder who amongst those owners would sell.
Transcorp power is already fully allotted. This is not a public offer but a listing.
Lets watch and see how things go.

Agbalowomeri:
Una dey play with Cowboys

Cowboys everywhere. It just takes me to a news item I ready this morning.

Before its commissioning, The owners of the new power plant in Abia state wrote the new state government informing them that the state through the immediate past regime, purchased some stake(shares) in the new plant.

That letter was never made public, only for the new Governor himself and the same owners of the power plant to come out upon commissioning to claim that the state has no stake/share in the plant.

They want to "shift" the abia people's stake in the new plant and move it to private hands.

Little wonder Kiyosaki never advocates share investment except you want to buy controlling interest.
If you no dey in control, sorry is your name.

narite:
I see Transcorp plc owning at least a little bit above 40% of the total shares of Transcorp Power. Both company stocks will crash significantly in the coming weeks but I see them quickly recovering. Transcorp power surely will be the darling of investors.

Transcorp power won't crash.

NSE hmmm. I remember when the biard of transcorp met and decided on this action. They promised to relay the outcome of their meeting to investors after the said meeting, but never did.
They allowed speculations drive up prices. As it stands today we no know where we dey as transcorp shareholders.
Nigerian companies, They just keep playing their shareholders.
Elumelu might just be doing the exact thing Otedola did at FO when he simply removed the power segment for himself and sold the rest with the shareholders.

May they use the same mechanism that worked on Transcorp Hotel to move transcorp to atleast the same level as transcorp hotel or even higher. Amen

Different strokes for different folks. As some dey mourn massive fx losses na so some dey celebrate massive fx gains.
Banking sector on my mind.

Zegra:
Yesterday was supposed to be the board meeting of NASCON
Any info on the outcome of the meeting?

I doubt if Nascon announced any date for Board meeting. Their only notification on Audited result was that it would be release within 60 days from 2023 year end. That info came since December

emmanuelewumi:
With a total dividend of 15 cent or N210.00 for the year.

Which is not so bad

Tpharell:
https://doclib.ngxgroup.com/Financial_NewsDocs/40400_SEPLAT_ENERGY_PLC-CORPORATE_ANNOUNCEMENT_ON_FINAL_DIVIDEND_FOR_SEPLAT_ENERGY_PLC__CORPORATE_ACTIONS_FEBRUARY_2024.pdf
Seplat is more about capital appreciation than dividends

The ANOH gas project and the Exonnmobil asset purchase are the major reasons for the capital appreciation.
Gas project is ready for commissioning but the asset purchase is still awaiting FG approval.

Gas project is expected to double their earnings, while the asset purchase when approved should multiply the blessings.

Funny enough, NASCON has not officially recorded a change in price today.

Thire result fit change things for them oh.

UBA not yet on fullest offer,
Airtel on very full bid. Abi the new monetary rate no dey affect airtel?

Streetinvestor2:
The dollars speculators go collect soon.It may even stabilize earlier than my mid year projection. at #1500

You get hope in this government.

Agbalowomeri:
NGX has eroded value yes
But that zenith will sell at N80, will they pay N8 dividend? This market is dividend-driven

With the whole fx gains and constant devaluation, they ought to pay that much. But the CBN won't have any of that. But we expect improved dividend payout this season.

akpumpy:
Hello house. Do companies pay dividend twice a year based on this information? Kindly explain please

Yes, some do. Some even pay 4times a year.
One is called Final dividend and paid at the release of year end result, while the rest may be interim dividends. There is also that which is called special dividend.

KarlTom:
On Transcorp: When FG removes subsidy in power sector, we'll feast.

For now, we wait...

How does fg subsidy affect power generating firms.

debeey87:
https://docuhub3.nibss-plc.com.ng/edmms/self-service

Link to mandate your shareholding for any company in Nigeria.

Wonderful development

KarlTom:
I expect a rise after the AFS is released...

But fx losses for nigerian companies will continue even in q1 2024 due to continuous devaluation of the Naira.
So its really hard to say what happens after AFS. But I expect them to be consistent in dividend payout.

Airtel equally did 10% today. I don't know why mtn is just falling in price