₦airaland Forum

Streetinvestor2:
Did they even pay something in the past.Pls post the results.
And my opinion still stands the market will tank seriously. The only thing that will sustain it for now is audited results coming out.When the time comes I know some will attribute it to market cycle or use TA to defend it.

Yes, they have been paying dividends regularly.

The economy is not doing well at the moment and I hope we get good leaders.

WAPCO do well o

Lafarge declared N2 as the final dividend

RabbiDoracle:
Nwanne, this can be viewed as political discourse o.

Remember SMN o.

Well even the US market reacts to election results.

MCNICHOLS PLC on full-bid

yMcy56:
Will book profit when it delivers +500% or more. ....lol.

- The shareholding structure as at the last fye, Q4 2022 still looks 'amazing' .......around 2.47Billion domicile with Ote$$ and his cronies.......
- Only a paltry 28 to 30Million in the investing public.....
- By Q1 2023, we'll review the shareholding structure again....
- Lol. Not any form of advice to anyone, make Una no mind me o. No talk say na Mcy talk am if e no go according to expectations o.
Let individuals follow what suits their investment needs and align with their investment objs.

* Make Una wait for una Transcorp, it's time too go still come.

The same pattern as BUA foods.

Remember Forte Oil

The day Ote$$$ decides to dump, everybody will go Geregu.

emmanuelewumi:
That is why investing is a marathon and not a sprint.

True, Transcorp might be the most diversified stock on NGX.
UACN is also highly diversified

Hogwarthtrades:
Bilion naira question!!!.. consistent share buy-back from excess unused cash/ profit will be is one way to go. To be honest, share buy backs is the least of any competent chairman / board of directors focus for the next 5-10 years I will rather have them re-invest it in major projects in power generation and other subsidiaries with better ROI in the future.Traders may not be happy with that approach but the end game is better.
it's a matter of time, goal is to stay liquid enough to enjoy the magic shuttle when its time to Rocket!!!!

Yes

Hogwarthtrades:
Hey @OBAGADAFFI @yMcy56
Go through links of Annual reports below for estimate holding of Transcorp plc in its energy (oil exploration) , hospitality (transcorp hotel),etc sectors.
I.2022 annual report page 120 https://transcorpgroup.com/wp-content/uploads/2022/04/2022-ANNUAL-REPORT-AND-FINANCIAL-STATEMENTS.pdf you will see its vested interest in all its subsidiaries
II.2020 annual report [url] https://transcorpgroup.com/wp-content/uploads/2021/04/Transcorp-2020-Annual-Report.pdf[/url] page 92-93 same thing.
III. This is my bias/conviction speaking, take with a boatload of salt. Love this stock, hoping in the next 5 years ,I can continually increase my position to at least 7-8 figures holding for long term (at least a decade aka by the end of 2 terms of any govt. in power) for growth and dividend . It's has been and still is undervalued, outstanding shares is a blessing and a slight challenge depends on wht lens you see it from.It will probably be for another 5 years at this rate. Slow yet steady growth in the horizon of all sectors it is invested in.

Hope this age like wine not milk

That interesting, Transcorp is well diversified
So what is keeping the price down.

Mpeace:
The thing baffles me sometimes. But we just dey inside the bus dey wait and see.

Geregu OS is about 2.5billion
Transcorp OS is about 40billion

What is the Percentage of shares is Transcorp holding in Transcorp Power Limited?

Two Brothers of Femi Otedola Spend N1.7bn To Acquire Additional Shares in Geregu Power

emmanuelewumi:
You want to derail our thread again

Nah
I am still looking for the thread

seyisanya:
You passed the baton to the new set of investors that will hold the kaya for another decade at 20kobo!

Yes o.

I noticed IEI is slowing down

jideflash:
Be like say the Universal Insurance buyer don bellefull

we dey monitor.

They gave me opportunity to jump out

Streetinvestor2:
I don't think so.The offer will not fly and will be reviewed up

You Better jump out immediately

NACHO

essentialone:
I have jumped out of the aeroplane of Union Bank Plc. I no do again.

For those who are still on it, I wish you all a safe flight.

Is Union Bank still trading?
They have paid us for the N7 Titan buy-out.

Wapgod:
It doesn't affect their ability to make money

In Nigeria Na.

If they try these in the US, multiple law suits will force the management to resign

yMcy56:
SEPLAT
Up with 10%......N110
Now @N1,210..

UNIVERSAL INSURE
lots of volume @20k since yesterday.....
Fantastic Q4.....
Don't know why the stock still remains @20k, the Coy is doing well.......

FIDELITY
Seems to be coming out of pullback again.....

UNIVERSAL INSURE should move let me jump out

Zegra:
Is this a developing story? Could you please shed more light on this.

https://dailynigerian.com/alleged-data-breach-zenith/
Alleged data breach: GT, Zenith banks under investigation, says Nigerian govt.

I hope this data breach at GT and Zenith won't affect their share price.

Coolcash1:
Guinness is warming up for another run. Don’t say you were not told.

GTCO expect pull back around N26 to shake out weak hands. Final destination before a major reversal is N34.

CWG (this is current price’s baby). I checked out the chart and looked pretty decent. It is also setting up for a run.

Oando might need to retest previous low before continuing its upward movement.

Abeg make I stop here.

This Guinness result is not encouraging.

https://doclib.ngxgroup.com/Financial_NewsDocs/37457_GUINNESS_NIG_PLC%20_QUARTER_2_%20_FINANCIAL_STATEMENT_FOR_.pdf

yMcy56:
Come and clarify this.....

JULIUS BERGER NIGERIA PLC UNAUDITED FINANCIAL STATEMENTS FOR THE FOURTH QUARTER ENDED DECEMBER 31,2022
EARNINGS PER SHARE (N) 5.47
PROPOSED DIVIDEND (K) 6.17

CAP

emmasoft:
Breaking news

MPC raise rate to 17.5%
This is good news for mutual funds

For stock not very good news but the market always have a mind of its own, most times positive sentiments can over power economic analysis and vice versa. We see ut in recent past where increase in rate could not stop the rally that started since December 2022

Investment House Stocks like UCAP, Custodian, Stanbic and co will benefit from this.

onegentleguy:
Breaking news!

The MPC continues on its hawkish/contractionary stance for the 5th consecutive time.
Summary...

>> Increase in MPR by 100bps (1%) to 17.5%.

>> Retaining the asymmetric corridor at +/-(100-700)bps around the corridor

>> Hold on the CRR @ 32.5%

>> Retaining the Liquidity ratio @ 30%

Interesting how all 12 members were inclined to adopting a contractionary stance with one member even proposing a 150bps increment.

It is well.

Money Market Fund on demand right now

Ephemmm:
Hello House,

One of my investments on I-invest platform expires today. It is N1.5m investment in short.

I have been hearing about dollarization of cash as one of the means to mitigate depreciation in the value of naira and I don't have a clear-cut knowledge on how to go about it. I also learnt it helps while buying car(s) or if someone intends to migrate out of this country.

A knowledgeable somebody should please help to throw light on how to go about this please.

Dollar funds are USD funds (Eurobonds and co).
You need to have A Domiciliary account and a minimum of $1000 to start.

The advantage is that you earn interest in USD, which is a good edge against Nigerian inflation.

thesilentone:
Cross deals in FBNH. Impressive volume

FBNH has been geting loads of Cross deals since December

Another FBNH Cross deal

*OFF MARKET TRADE*

A total of *192,500,000* units of *FBN HOLDINGS PLC* was done as *OFF MARKET TRADE* today *3RD JANUARY, 2023* at *N12.00* in *one deal*. The deal was a negotiated deal by *FBNQUEST SECURITIES LIMITED* (seller) and *APEL ASSET LIMITED* (buyer).

There are rumors that MTN won't be paying the Bonus anymore.

It is that true?

halmeyd:
Yeah, France was awarded a penalty in the 7th minute of 2006 world cup final, converted by Zidane with an audacious panenka.