₦airaland Forum

ndept:
https://doclib.ngxgroup.com/Financial_NewsDocs/42418_TRANSNATIONAL_CORPORATION_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

EPS of 110k as against 36k in 2023

**

Is this 110k eps for the 40b shares or the 10b post- reconstruction pls

Blaqq2:
Pro's in the house
lets say you technically have 100k per month to invest in stocks
what strategy is best

buying multiple stocks and increasing them gradually each month
or focus on a single stock per month?

According to Warren B.: “(Wide) Diversification is protection against ignorance. It makes little sense if you know what you are doing.”

Blaqq2:
Pro's in the house
lets say you technically have 100k per month to invest in stocks
what strategy is best

buying multiple stocks and increasing them gradually each month
or focus on a single stock per month?

It will depend on your investment goals. Are you looking for long term growth or short term growth? Do you want dividends?

Belated birthday wishes to @Streetinvestor2
HML @MARKETJJC
God bless

Xidget:
Is this 110k eps for the 40b shares or the 10b post- reconstruction pls

I think it's for 40b shares

Xidget:
Is this 110k eps for the 40b shares or the 10b post- reconstruction pls

The 10b

Xidget:
Is this 110k eps for the 40b shares or the 10b post- reconstruction pls

I think they used he 10billion and the eps is also annualised

designking:
It will depend on your investment goals. Are you looking for long term growth or short term growth? Do you want dividends?

Yes I would love to have dividends
and also capital appreciation
Long term investments is my main goal
but no one would say no to short term with profits

Are you sure, it looks the same, The Share capital should be N5bn

megawealth01:
The 10b

Princkez:
I think it's for 40b shares

Wow. That's good. That will now translate to 440 eps post - reconstruction.
If that is correct, we might get #2 final dividend

Mpeace:
I think they used he 10billion and the eps is also annualised

check the q3 results it's stated there. 40billion shares and its not annualised

This is a definition of a good result. Improved profitability and liquidity, unlike some results with paper profit and declined liquidity.

Xidget:
https://doclib.ngxgroup.com/Financial_NewsDocs/42418_TRANSNATIONAL_CORPORATION_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf


E don land

Mpeace:
I think they used he 10billion and the eps is also annualised

Instead of thinking or assuming, why don't you divide the PAT by either 10 billion or 40 billion and see what you will get?

Xidget:
Is this 110k eps for the 40b shares or the 10b post- reconstruction pls

40 billion

sterlingD:
Livestock Q3 2024

https://doclib.ngxgroup.com/Financial_NewsDocs/42417_LIVESTOCK_FEEDS_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

LIVESTOCK has arrived....
Excellent performance.....
Coupled with FG's resolve to transform the sector, this one is a Northern candidate 😁

Princkez:
check the q3 results it's stated there. 40billion shares and its not annualised

divide the profit after tax by the outstanding shares ad see the eps you get.
But I wish they did it with the 40billion. Na better money e go be.
Eps for the 9months should be like 7.5 naira. Still very good

emmanuelewumi:
Instead of thinking or assuming, why don't you divide the PAT by either 10 billion or 40 billion and see what you will get?

I did oh. But make I confess, I no too know maths.
My answer to him was based on thatt calculation.

Mpeace:
divide the profit after tax by the outstanding shares ad see the eps you get.
But I wish they did it with the 40billion. Na better money e go be.
Eps for the 9months should be like 7.5 naira. Still very good

check note 26 in page 23

emmanuelewumi:
Instead of thinking or assuming, why don't you divide the PAT by either 10 billion or 40 billion and see what you will get?

Transcorp has a way of confusing people.
Should the PAT be profit for the period or profit attributable to owner of the parent

yMcy56:
LIVESTOCK has arrived....
Excellent performance.....
Coupled with FG's resolve to transform the sector, this one is a Northern candidate 😁

please help clarify this TRANSCORP result...Is the eps based on 40b or 10b shares

Princkez:
please help clarify this TRANSCORP result...Is the eps based on 40b or 10b shares

Robobo has answered this question already (two or more posts above yours)

robobo:
check note 26 in page 23

even that note is made to confuse.
If you use 40billion to calculate the eps you may not get up to 2naira as eps.
If they actually used 40billion to do the calculation then using 10billiin we should have like 44naira as eps. That would be wonderful. Buy no be so...

@ MarketJJC HML!
May God continue to be the rock of your home.

@Streetinvestor2
Happy Birthday. LLNP 🎂
I can see the reason from your post on why Pastor Agba was on your neck to supply him some garri.....
So you be importer and exporter of Garri. Lol. 😁

Mpeace:
even that note is made to confuse.
If you use 40billion to calculate the eps you may not get up to 2naira as eps.
If they actually used 40billion to do the calculation then using 10billiin we should have like 44naira as eps. That would be wonderful. Buy no be so...

this result is for end September 30th 2024,and as of that date the shares is still 40billion

We need to understand that the Trancorp Q3 account is as at 30th September and the reconstruction happened in October 2024. It will be a misrepresentation if 10b equity was used. This is a good example of transparency in the management

Mpeace:
even that note is made to confuse.
If you use 40billion to calculate the eps you may not get up to 2naira as eps.
If they actually used 40billion to do the calculation then using 10billiin we should have like 44naira as eps. That would be wonderful. Buy no be so...

Oga Mpeace

i dont understand you oooo

it is N44.87bn (PAT) divide by 40.65 (outstanding shares) give N1.10 (110k)


abi my night school maths teacher don teach me nonsense niiiii. make i go collect my papa hard earned money back from him

robobo:
Oga Mpeace

i dont understand you oooo

it is N44.87bn (PAT) divide by 40.65 (outstanding shares) give N1.10 (110k)

thanks for clarification

talk2me2:
@Ucheson2, I noticed improvement in NPF MFB's q3 2024 result. Moreover, they seem to be more consistent with numbers this year than in the past. I need to see their audited 2024 as well as q1 2025 results to be able to make a proper decision about the coy.

https://doclib.ngxgroup.com/Financial_NewsDocs/42392_NPF_MICROFINANCE_BANK_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

Cc: @Uchetoba

ucheson2:
beloved @talk2me2, apologies for delayed response I have been very busy lately.

Yes, I also saw the consistency in their numbers, but we cannot trust any number coming from NPF MFB until their audited account is confirmed by their regulator the CBN.

'IMPROVEMENT'
Judging from were they are coming from, I mean for a company that it's q1 and q2 results showed negative growths, flat result in q3 can be considered as improvement.

YoY 14% is just a flat result.
QoQ 33% is a slight improvement.

I classify this company as HOLD.

Cc: @Uchetoba

Consistency is a positive signal, anytime I notice consistency in number in a company's report especially a company that I know to be inconsistent in the past, I always believe that transformation has commenced. I think that the management of NPF Microfinance Bank are now taking their accountability more seriously than in the past.

I except more improvement in their subsequent results.

Abeg who be the non controlling interest that collects 31B from the total profit of 75 B from transcorp plc.Could it be the federal government

Streetinvestor2:
Abeg who be the non controlling interest that collects 31B from the total profit of 75 B from transcorp plc.Could it be the federal government

so you see am...I think say eye they pain me ....the thing shock me ooo

Thanks to you all on the Bday wishes

@marketjjc, I am truly happy for the 2 new heights you just attained.God will preserve what he has started in your life ..amen

Streetinvestor2:
Abeg who be the non controlling interest that collects 31B from the total profit of 75 B from transcorp plc.Could it be the federal government

subsidiaries of transcorp that generates those figures are not fully owned by them.

so the non controlling interest are the co owners of their subisidiaries

e.g. Trans power is 51% transcorp and 49% others meaning of all the profit from the Transpower only 51% is owned by Trancorp