₦airaland Forum

ndept:
it may still close today on bid today.

so its best to buy and make 20%.
I think its possible. I added some to the little units I have.

Transcorp on full offer.

Tpharell:
N351.3 today

Lol. Everybody want bid first. I pray you get it today. But the brokers appear to be a priority and it appears they will be the ones to resell to us.
I am more interested today in the lowest price Nascon would sell.

This people want spoil market for person.

yMcy56:
He didn't run!!
His bid was there and part of it filled.
Once part of it were filled, the bid went to the last on queue but still the first getting filled. About 57million was still left when I stopped checking it.

I even wanted to come and post when some were filled, that it means the bids were real!!

You for put this post in form of question to avoid misguiding.

Transcorp did a total of 67million units today. As at the time it got to his turn, transcorp had already done 57million units. So its not possible he got 66million units today.
From your post, its possible he got some units and withdrew his bid before replacing it so that it appeared below the rest. But 2hy would he do so?

I am in transcorp, I have no reason to deceive anyone.

chimex38:
A single session of ₦56,970,000million was traded
I believe it may be part of the ₦66million you saw.

Or is it different?

66million units bid, not 66million Naira.

There was no single deal on transcorp up to10million units today.
I watched as it got to the turn of the 66million units then it was removed, just when I was about to post that it was his turn.

Transcorp 66million guy ran away once it got to his turn. E be like manipulations dey this thing oh.

So Transcorp sold 43million units of transpower. Our accountants in the house, Pls where will the money go to?
Abi dem go use the money pay us special dividend?

Salt still dey fall lol. Some people go sell and comeback to buy high.

Princkez:
TRANSCORP...that single bid of 66m units ,money is talking..

Lol. That one na road block. Anybody wey dey under/after that bid can only pray or comeback tomorrow

Streetinvestor2:
How did you arrive at that.it is about 3.8 billion to transcorp and not all

Sorry my error. I used the entire transpower share. It should be around 94 or there about. Thanks for noticing.

Streetinvestor2:
The maths in this article is wrong.TPl has Os of 40 billion. How does 3.9 billion translate to 500 plus unit


It should be round 97 TPP units tnoo 1000 Transcorp plc

187 Units of Tpower to 1000 units of transcorp

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

It is actually so, but... just imagine owning something and not being able to touch it even if you want to.

yMcy56:
Lol. So it can get to 3k quickly

As for bid/offer, yes, the bids are more that what Morgan is showing.
[b]Morgan only showing bids from 1-100 but it's more than [/b]that.....but I don't have the actual figure.

Also, the line is not moving because most of the trades we are seeing are more of Cross Deals and are not selling on the floor........I think the only time a major floor sales was carried out was the time they distributed for those on queue too........aside few ones being thrown to the floor now, most are Cross Deals.

Its not fair. They are giving their clients false hope by only showing a portion of the entire bids of transcorp power while showing the whole over 150 bids of other companies.
Some will sell other stocks in order to queue for transpower thinking there are only few bids.

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.