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Is Transcorp Hotel IPO Worth Buying? Honest Opinion Pls - Investment - Nairaland

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Is Transcorp Hotel IPO Worth Buying? Honest Opinion Pls by ogedanny: 9:03am On Oct 03, 2014
I am looking the investment potential of transcorp Hotel plc following the growth potential of their parent company transcorp plc. is it worth buying?





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Re: Is Transcorp Hotel IPO Worth Buying? Honest Opinion Pls by phemmie06(m): 9:31am On Oct 04, 2014
ogedanny:
I am looking the investment potential of transcorp Hotel plc following the growth potential of their parent company transcorp plc. is it worth buying?
i am very sure no one will advise you either to buy or not to buy. But you have to put a lot into considerations. How much is the parent company? How much is the THP? Mind you it is an arm of the parent company, though one of the backbone of the parent company. But cant stop you from buying cos you might be seeing what I am not sawing. But for more knowledge on investment in shares visit www.nairaland.com/1131485/nigerian-stock-exchange-market-pick
Re: Is Transcorp Hotel IPO Worth Buying? Honest Opinion Pls by phemmie06(m): 9:32am On Oct 04, 2014
ogedanny:
I am looking the investment potential of transcorp Hotel plc following the growth potential of their parent company transcorp plc. is it worth buying?
Re: Is Transcorp Hotel IPO Worth Buying? Honest Opinion Pls by davide470(m): 5:30pm On Oct 04, 2014
ogedanny:
I am looking the investment potential of transcorp Hotel plc following the growth potential of their parent company transcorp plc. is it worth buying?
To me, I would prefer buying it in the secondary market. THP @ 10 is technically overpriced, but in all, do your due diligence

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Re: Is Transcorp Hotel IPO Worth Buying? Honest Opinion Pls by Nobody: 7:44pm On Oct 06, 2014
my sincere advise do not buy transcorp shares they could not even pay dividend timely .just like daarcomm for past 6years have not paid either.think well
Re: Is Transcorp Hotel IPO Worth Buying? Honest Opinion Pls by walcolm(m): 6:12pm On Oct 07, 2014
@10, it's totally overpriced and more than 5 years worth of earning already priced in

If the shares are listed expect a nose dive. The parent company is worth less than 10 naira per share

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Re: Is Transcorp Hotel IPO Worth Buying? Honest Opinion Pls by ogedanny: 8:10am On Oct 08, 2014
@walcomm, how dd u carry out ur analysis?
Re: Is Transcorp Hotel IPO Worth Buying? Honest Opinion Pls by ugodre(m): 9:40am On Oct 08, 2014
I did an analysis on the Transcorp Hotels IPO which you can find here http://web.nairametrics.com/before-you-buy-here-are-ten-things-you-need-to-know-about-transcorp-hotels-plc-ipo/

Some analyst who I featured on my podcast http://web.nairametrics.com/new-season-moneymetro-investment-and-personal-finance-show-download-podcast/ suggest it probably will be better to buy Transcorp shares instead, considering that you also get the benefit in returns that those who prefer Transcorp Hotels also get. I also don't like buying IPO's as a rule of thumb, especially if the funds will be used for capital projects that haven't proven to be very viable, as in the case of the hotels using the money for a hotel that won't be ready till 2017.

Also try to read up the prospectus before buying and do let me know if you require further info. Cheers

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Re: Is Transcorp Hotel IPO Worth Buying? Honest Opinion Pls by dayos12(m): 1:44pm On Nov 10, 2014
I clicked over to your podcast. Nice work you're doing. If you don't mind, I'll love to connect with you and the many podcasters in Nigeria you may know. I'm forming an alliance for us to interact.

If you're available also, I'm putting together a podcast training next weekend in Lagos

ugodre:
I did an analysis on the Transcorp Hotels IPO which you can find here http://web.nairametrics.com/before-you-buy-here-are-ten-things-you-need-to-know-about-transcorp-hotels-plc-ipo/

Some analyst who I featured on my podcast http://web.nairametrics.com/new-season-moneymetro-investment-and-personal-finance-show-download-podcast/ suggest it probably will be better to buy Transcorp shares instead, considering that you also get the benefit in returns that those who prefer Transcorp Hotels also get. I also don't like buying IPO's as a rule of thumb, especially if the funds will be used for capital projects that haven't proven to be very viable, as in the case of the hotels using the money for a hotel that won't be ready till 2017.

Also try to read up the prospectus before buying and do let me know if you require further info. Cheers

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