₦airaland Forum

Yayira:
Zenith @ 19 ! wey day never break!
There’s no way this stock will not trade below 17
before November

Have you collected your diamond N1?

yom2:
. ok but until that translates to about 3naira dividend for share holders it is still another flash in the pan

Money that would be moved to impairment charges. It would not even reflect in thier PAT.

Fbnh need to take care of their NPLs first...

teezpee:
Just thinking, do we have any rule in Nigeria that prevent companies from share buyback?

What we see around here is share reconstruction...whenever companies have messed up with large shares outstanding.

Will like to be tutored on this please...

Na company wet get money fit buy back. Transcorp with all its debts cannot afford to be buying back at this point in time.

Jumia: A company with a typical Nigerian mindset. When it was time to list, they just adjusted their result positively. Them think say na naija them dey

Who knows how long it takes for brokers to process signature specimen with cscs. Mine seem to be taking just too long. Abi morgan capital dey join regustrars frustrate man pikin?

JAS10:
Na Oga 33 de offloaded o!

Nooo. Oga 33 no go do dat type thing.

Mcy56:
Lol. You talk well, see as that guy just used his reggae spoil our blues for transcorp when we don dey happy say e go reach 2naira at least. The rally would have run for a good part of this week. Guess how s holding is more than that self.

Give me clue naa.

tritritri:
Dat strategy i did last 2yrs barely return enuf profit compare to other strategies.. Half of my portfolio is value stock. while half is penny. the lost in value stock is worst dan d penny......I doubt many dey on gain dis year.. starting from JAN 2019.

Its not ideal to put huge fund in penny stocks. Its hard to take profit cos you might not find enough buyers to take all your holdings at once. See how that guy with 80million units of transcorp on offer totally killed our full bid of over 72million bids/0 offer. Full bid that was supposed to last for two weeks. Just because he wanted to bail out. I am not even sure he succeeded in bailing at his desired junction.

Mcy56:
Lol. E don dey road now.

Lol. When e want reach naa
Abeg hw can I get fbnh bonus history since 2010. Share link with me. Thank u

DOLLARTEX:
Have you seen the numbers?Mtn' Revenue from Data is growing more than that of voice.

Books would always look good for companies that are about to list, raise funds or reconstruct its shares.

ihedioramma:
Hello, what do you have to say about MTN shares ? and how much is 500,000 units of MTN now?

My broda. I have absolutely no idea. Very little info has so far been given on it. But 500,000 units would surely cost a lot.
Recall that some here have posted 80-95 as potential share price. Only time will tell.

Yayira:
@ Mpeace did olam give/offer any particular price? I want to know how people got 26 and 19.95

This one even gives 19.33 as what they would pay.

Yayira:
@ Mpeace did olam give/offer any particular price? I want to know how people got 26 and 19.95

I don't know how oh. But I can remember something like discounting debts and so on from the offer price of 26. I think thats why the share has refused to touch 20, which would even give some 30% if the offer was 26

Mcy56:
Classmate no be about bear for me but cos someone some people no worth the attention again.
Market may reverse soon, I dont expect it to keep shrinking like this.

I need dat reversal pass una. Abeg send it.

Mcy56:
Bia, so Mcy is now deepsuk bah? It's like the 33 you took never clear for ya eyes.
Me no dey do or put eyes for caverton anyway.

This bear done humble everyone. The type stone wey dey fly these days look like its sugar coated

735i:
How will market react to this?

Only Bubu and the forty thieves cabal can confirm ig emefiele will return. Even he himself is not in a position to know. He is as blind in the matter as you and I.

Yayira:
Abeg how much olam dey finally pay alhaji oo ?

The thing is very confusing. I read one article by one oga wey I respect, he said they will pay 19.95. Thats why I no surprise to see the stock at currentprice. If you put everything together (including how united securities hold our diamond money for more than a month now) 16naira would not be bad.

Is morgan down?

Chibuking81:
Meaning, the existing shareholders share will be brought forward when listed. Please does anyone have idea of their existing shareholders, per a unit share price in naira? And their 2018 final EPs and dividend paid per a share?

We don miss u.

edwardaigb:
This might be a blessing.

I doubt if the bolded is true. That is, I doubt the claim of excessive charges to the tune of 18.7 billion naira, and $94million.
If you put that sum together you have about 51billion naira in excessive charges.
I doubt that japaul paid 50billion in excessive charges on a loan of 47billion naira owed access bank (comprising 14billion to access bank and 33billion to former Diamond bank) Note that as at the time in January when the suit was commenced, it was just Access bank loan of 14billion that was in issue. So the writer of that article is alleging that japaul paid excessive charges of 50billion on a loan of 14billion. I doubt that too much, more so that japaul's yearly revenue is not even up to average of 3billion per annum.

I think this is fake news just like the milost one. I just pray pple's investment don't get burnt at the end.

I know say Peter never sell him dangflour.

gamaliel9:
We missed you Sir... thank God you came on board. What do you think of Japaul? What is cooking there? Do i jaaaaaaa?

I no sure say that guy dey do japaul type of stocks.

JAS10:
Let us see results first.

mtn result is always good. Even when they faced a fine. They just print recharge card and sell. They just print money. They are already number one in the telecoms biz in nigeria. I dey buy this one if I have money at the time and if THE PRICE IS WITHIN REACH.

Dangflour: is peter's party over? I hear say las las na 19naira them fit pay.

DaV8King:
Hate to say this but I agree with Peterichy.

As soon as Transcorp acquired the Abuja Hilton, the share price spiked.
Next thing we knew, Tony and co listed Transcorp Hotels.
Today, it trades at more than 5x parent's value.

Make what you can from the spike then withdraw.
Medium to long term and based on Tony's antecedents, I expect Transcorp Power to go PLC.
It is finally of the right size.

Again, Holdco shareholders will be shafted!

Not entirely true. Transcorp hotel had to be listed because the federal Government has shares in the hotel. I am not too sure now but i think transcorp only bought 76% or there about, of transcorp hotel.

Godlylifeoneart:
Good morning members,
Dz week will be dominated with transcorp gist.
It's no longer a news that Transnational corporation power consortium won the bid for Afam power.
AT competitive bid of NGN105. 3B
With balance sheet Q1 at

Total Assets 297.0
Total Liabilities 192.0
Debt to Assets 37.54%

The implication of dz, Transcorp might turn to financial for loans, local or foreign loans at a higher interest rate or they might placed a private equity placement like access bank did.
The commercial banks are not impressed with the power sector, A good % of the loans granted at the inception of power privitisation were declared toxic, non performing and impaired in some cases.
GT bank requested for an equity in some power firms, dz was declined.
The scenario 2,Transcorp might float a public offering... Would dz succeed? Judging from the successful

Public Offer of 8,000,000,000 ordinary shares of 50k each at N7.50 per share by Transnational Corporation of Nigeria Plc December 27, 2006 to January 31, 2007.
Nigerians who participated in the offering are still biting their fingers and somehow the investing public lost interest in public offering.
Should Transcorp seek a loan or bond? It means the company will work for banks for a long time, using profit to service loans.
The best strategy is for transcorp to convince the investing public to key into this gold offer.
My final take on transcorp.... A stock for JIJO, might not be ideal for long-term and dividend investors
NGN100, 000 invested in 2006 excluding dividends is now about NGN 14,666 at the closed of business on 30/04/19.

What is your view?

Uba go pay. No need to stress the brain.

Mcy56:
Lol. Tweeter ko, Instagram ni See the info for Rebekah's post na.
Which insider info? i just dey see am self. Bad somebody.

Agbalowomeri:
Badt guy

No be wetin I mean oh. Why are u guys misunderstanding me naa...

Mcy56:
The thing is, its a plus and major feat for transcorp and it's been officially announced.
Even if the northern journey is not immediate, its still very certain transcorp is going up.
Power is a major issue in the country and owing 100% of Afam can only point to northern movement. My newbie's opinion.
Remember, Mr. Market has a mind of its own. Over to my bosses with in-depth and factual info.

For this ur official insider info, I don already follow you. Abeg no call me twerker, tweeter or ''neat wig''. Na ur insider info sweet pass.

maishai:
They should quickly sell nnpc and nlng, lets kuku ma know that Nigeria is a burgeoise country......

Bros, Na small small we at Transcorp go buy everything.

But e no go bad if oando buy nnpc Sha.

currentprice:
eyeing one stock at my corner

Na which stock be that? Sterling or caverton. Or is it japaul that is about entering full bid

Japaul japaul. All the way from 20kobo now 31kobo. 50% appreciation. And some pple are still buying dangote cement lol. Loco my man...

Willie2015:
Execute a transfer form to your broker and send a scanned copy to ur broker
Your broker will take it to CSCS and obtain an acknowledged copy
Tell your broker to send a scanned copy of the acknowledged letter from CSCS to you.
Then send the scanned copy to the Registrar with your e-dividend mandate.
Dont wait for the CSCS option ....
I always keep a copy in my record for all these turanshi from Registrar....

Thanks alot. I will do just that.