₦airaland Forum

NOTIFICATION OF APPOINTMENT
Transnational Corporation of Nigeria Plc
(Transcorp) has notified The Nigerian Stock
Exchange of the appointment of Mr. Emmanuel
N. Nnorom as the President/Chief Executive
Officer Designate of Transnational Corporation
of Nigeria Plc.
Mr. Nnorom will take over from the outgoing
President/Chief Executive Officer, Mr Obinna
Ufudo with effect from September 1, 2014.
Emmanuel Nnorom, who is the current
President/COO of Heirs Holdings Ltd and a
non-Executive Director of Transcorp is a
seasoned banker, auditor and accountant.
Prior to this, he was an Executive Director of
United Bank for Africa (UBA) in charge of the
Group’s Africa subsidiaries.
He has also held the position of Group Chief
Operating Officer at UBA with responsibility
over information technology, operation,
corporate services, marketing and corporate
communications and regulatory affairs.
He is an Alumnus of the Oxford University,
Templeton College and Fellow of both the
Institute of Chartered Accountants of Nigeria
(ICAN) and the Chattered Institute of Bankers
of Nigeria (CIBN)

Chibuking81: we are heading toward the same direction, my remaining share now is for long term, I will still add some when the price fall, but currently due to country situation, beans storage business is good.

please remember your BNSITL

Elai147: I cannot categorically name any stock now because I'm not a prophet and don't want to be 'maced'. Stocks that have unusual high number of shares outstanding when compared with that of stocks from the same sector are the ones that scare me. Note that there are different reasons why coys will embark on share reconstruction.

hmmmmmmm, if I am correct the total number of this c&i leasing is 1,882,818,912. Can we refer to this as over bloated? or what is the exxuse for the reconstruction

To all BNSITL Union diagnostic 1st quater eps was .58k while half year unaudited result eps was 1.18k. What is the equivalent of this in naira?

ogbs2020love: funny enough I bought conoil at 22 naira in early 2013 . long term is better.

i bought mine at 28+, last year august

[quote author=soloniger][/quote]What of continental reinsurance?

Born2beRich1: Its a pity that oga migiet isnt registered on this forum..the guy sabi mace wella.. Anyways jamace might be up to the task

BTW we shouldnt take evilspirit seriously as he is only joking.. Am still laughing at that sommersault part

Only if you can pay for his service to render cross macing

http://www.nse.com.ng/Financial_NewsDocs/LAW%20UNION%20AND%20ROCK%20Q1%20MARCH%202014.pdf

@ all!
Please any info on international breweries and Conoil audited results

www.nse.com.ng/Financial_NewsDocs/LAW%20UNION%20AND%20ROCK%202013%20AUDITED%20ACCOUNTS.pdf

Born2beRich1: Meristem/ meritrade should drop their brokerage fees a little to lure more customers because right now i am thinking of opening an account with Morgan but that will be much later.

Oga mi! Awoof no de run belle again?

coruso: thks,my broker is cash craft, I will request for online access.

Cashcraft?

To all BNSITL;
All things been equal, The nation is set to experience another transition in less than a year after the conclusion of the election.
Please I will like to know the status of the market since 2003 that the nation has been experiencing such events.
What has been the reaction of the investor?

nitrogen: Choi! You dey among those I sold to niyen...

you made me remember one of my oga quote or signature on smn, "to every buyer there is a seller"

myjoy08: Sir, you can recheck my stock picks for the week...

please what will happen to the outstanding shares of transcorps at the very long run and what will be the fate of people with the least holding and likewise oando

Oando targets end of July to close the
$1.65b ConocoPhillips deal
Rate This
CALGARY, ALBERTA June 30, 2014 –
Oando Energy Resources Inc. (“ Oando
Energy Resources” or the “ Company ”)
(TSX: OER), a company focused on oil and
gas exploration and production in Nigeria,
today announced that the Company and
ConocoPhillips have entered into an
agreement to extend the outside date for
completion of the proposed acquisition of
the Nigerian Upstream Oil and Gas
Business of ConocoPhillips (NYSE: COP)
(the “ ConocoPhillips Transaction”) to
July 31, 2014.
The parties extended the outside closing
date for completion of the ConocoPhillips
Acquisition to enable them finalise
activities required to complete the
transaction having received the required
consent of the Honourable Minister of
Petroleum Resources in Nigeria.
Forward Looking Statements:
This news release contains forward-
looking statements and forward-looking
information within the meaning of
applicable securities laws. The use of any
of the words “expect”, “anticipate”,
“continue”, “estimate”, “objective”,
“ongoing”, “may”, “will”, “project”,
“should”, “believe”, “plans”, “intends” and
similar expressions are intended to
identify forward-looking information or
statements. In particular, this news
release contains forward-looking
statements relating to intended
acquisitions.
Although the Company believes that the
expectations and assumptions on which
such forward-looking statements and
information are reasonable, undue
reliance should not be placed on the
forward-looking statements and
information because the Company can
give no assurance that such statements
and information will prove to be correct.
Since forward-looking statements and
information address future events and
conditions, by their very nature they
involve inherent risks and uncertainties.
Actual results could differ materially from
those currently anticipated due to a
number of factors and risks. These
include, but are not limited to: risks
related to international operations,
completion of the ConocoPhillips
Acquisition on the terms described or in a
timely manner, the actual results of
current exploration and drilling activities,
changes in project parameters as plans
continue to be refined and the future
price of crude oil. Accordingly, readers
should not place undue reliance on the
forward-looking statements. Readers are
cautioned that the foregoing list of factors
is not exhaustive.
Additional information on these and other
factors that could affect the Company’s
financial results are included in reports on
file with applicable securities regulatory
authorities and may be accessed under
the Company’s profile on SEDAR website
( www.sedar.com ). The forward-looking
statements and information contained in
this news release are made as of the date
hereof and the Company undertakes no
obligation to update publicly or revise any
forward-looking statements or
information, whether as a result of new
information, future events or otherwise,
unless so required by applicable securities
laws.

[quote author=datovid ]Oando starting at 23.16..hmmm[/quote]10% at stake

lancee: might shed some b4 the mkt closes

Ebe like say this one has been glued with super glue, and that is why it has failed to drop. Common ride on OOOOOAAAAANNNNNDDDDDDOOOOO

www.leadcapital-ng.com/bNews.php?sno=304
NEM Insurance Plc have declared a dividend of
6kobo per share Year Ended December 31,
2012, Proposed Dividend 6 kobo, Proposed
Bonus Nil, Closure Date 10th – 15th January,
2014,AGM Date 30th January 2014 Payment
Date 4th February, 2014, AGM Venue To be
Communicated

lancee: might shed some b4 the mkt closes

Yes I know this

Oando has gained 203k which is more than 10% abeg how come

http://www.nse.com.ng/Financial_
NewsDocs/PRESTIGE%20ASSURANCE%
20Half-Year%20June%202013.pdf

http://www.nse.com.ng/Financial_NewsDocs/PRETSIGE%20ASSURANCE%20PLC%20-%209%20Months%20Sept%202013.pdf

gosj: Oando already making more than 10% gain today! Thank God I loaded this one very well!

It has gained 1.80k

Aks: Oando gained 84K today, kudos to the shareholders. High Dividend Paying Stocks: Investors Beware http:///QmxDPPZupm

I thought it gained 122k

Born 2be Rich: Expect Nems 2012 FY result very soon cos it has been approved on the naicom site. see here:http://naicom.gov.ng/payload?id=16455449-d550-4cdb-9677-8daead3b369a


However, everybody dey talk about 2012 FY result, nobody is asking for nems 2013 Q1, Q2 and Q3 result..

2012 result must show face first before the 2013 quarterly results. Even the 2013 results must begin to show face from 2nd week after the release of 2012 result

http://http//www.nse.com.ng/Financial_NewsDocs/Mutual%20benefits%20NSE%202012%20ANNUAL%20RETURNS.pdf
Still waiting for NEM

Dumexoga: Good morning my fellow nairalanders, it's good to be here. I strongly advice everyone here to consider japaul oil. That stock will shock people soon. At this current price, it's good for a discerning investor to take position. If you have been on this game for long, you will understand what I mean. Transcorp was at this same price some time ago, but check the difference today. I have already aquired millions of units, because I really made so much profit from transcorp.

Thanks. I am not disputing you, but what makes you think so

emmanuel ewumi: No mind the guy, why he no create another thread for his so called oil and gas business. Awon onisonu enia.

But if he is a true member of the church, I guess the church authority should deal with him, cos He ought to make the entire members of the church worldwide to be rich through his so called investment.

emmanuel ewumi: Why must you tell us that you are a member of Apostolic Faith? This smells like a scam. For your information, my father is Pastor in that Church.

Lobatan

civilserva: I Agriculture Sector, consider buying these two stocks, OKOMU OIL and PRESCO. Both are healthy companies with good fundamentals.

Have you seen the recent result of okomu, the fundamental might be strong, but I guess the price will fall