₦airaland Forum

To All Gurus
i will like a candid advise on this please, i bought transcorp on the floor at 9.71 due to the advise of my broker then, i was just going into stocks and had not being a part of this trend then, [b]my question really is can i sell my transcorp now at 4.00 for the available PO's that are around now? [/b]as usual my broker said i should hold but i have learnt not to listen to him since i can run to this trend

you get price?

easimoni:
Don't sell NGC and don't buy Japaul. NGC has fundamentals FAR superior to Japaul's forecast. Don't do it.

Sell your Fidelity though I suspect you won't be able to since it's on net offer on the floor. If you can, do it. But don't buy the PO with the proceeds. The PO is one of the worst I've seen since I started investing. Get some Crusader Ins or more NGC.

i actually bought NGC based on your analysis of it on this trend, if i may ask, whats the problem with japaul, you are the first that has complained of it, please why is it a no buy?

please why is Fidelity bad?

Temmie10 iasked this earlier could you please help me out, good you dropped by


To All Gurus,
Please could you all advise me on this, amongst all the stocks i have the only one that has appreciated is NGC i bought for 13.50, why i am saying this is that i need to buy Japaul and don't have cash at hand, is it advisable to sell part of my NGC to purchase Japaul

Secondly i have about 5000 units of Fidelity do i sell and purchase the PO that is now on?
I think you should do that so that you can take the profit on it.



thanks in advance

Temmie10 iasked this earlier could you please help me out, good you dropped by


To All Gurus,
Please could you all advise me on this, amongst all the stocks i have the only one that has appreciated is NGC i bought for 13.50, why i am saying this is that i need to buy Japaul and don't have cash at hand, is it advisable to sell part of my NGC to purchase Japaul

Secondly i have about 5000 units of Fidelity do i sell and purchase the PO that is now on?
I think you should do that so that you can take the profit on it.



thanks in advance

Hi Frank, i really didnt get what ur answer this morning was


T[b]o All Gurus,
Please could you all advise me on this, amongst all the stocks i have the only one that has appreciated is NGC i bought for 13.50, why i am saying this is that i need to buy Japaul and don't have cash at hand, is it advisable to sell part of my NGC to purchase Japaul

Secondly i have about 5000 units of Fidelity do i sell and purchase the PO that is now on?
I think you should do that so that you can take the profit on it.[/b]


could u please explain clearly. thanks

To All Gurus,
Please could you all advise me on this, amongst all the stocks i have the only one that has appreciated is NGC i bought for 13.50, why i am saying this is that i need to buy Japaul and dont have cash at hand, is it advisable to sell part of my NGC to purchase Japaul

Secondly i have about 5000 units of Fidelity do i sell and purchase the PO that is now on?

at long last almighty T R A N S C O R O P gains

Temmie10
Have you seen the Dangote prospectus? please lets know whats your 2 cent on it

frankiriri:
The files are too large.

WHAT YOU DOWNLOADED IS EMPTY

Right, got thesame reply

@Wanaj0
Please whats ur stack on May & Baker, the stock keeps on going up and down, i bought last month at 12.20, is it right to still hold on to it?

@Temmie10
thanks a lot sir i know say i no go fit pay your charges thanks for your response

lastly among the PO's that are set to hit the market this month, which of them would you say is a good buy,without seeing their prospectus?

Thanks Temmie10, i was wondering if i could sell part of my NGC to buy Japaul or Dangote flour when they are out, i bought at 13.58 and its 16.60 now

Whats your 2 cents on this

Thanks Temmie10, i was wondering if i could sell part of my NGC to buy Japaul or Dangote flour when they are out, i bought at 13.58 and its 16.60 now

Whats your 2 cents on this

Hi Temmie10
I asked Easimoni a question earlier haven't a reply , but i will appreciate it if you help me out


Do u have any info on Livestock feeds,Sterling bank and May & Baker, i bought for 4.30,8.40 and 12.20 respectively and they have all depreciated
Thanks

easimoni:
@ Stanchuks, no need to post on both threads. your question's been answered on the other thread.

thanks easimoni,do u have any info on Livestock feeds,Sterling bank and May & Baker, i bought for 4.30,8.40 and 12.20 respectively and they have all depreciated
Thanks

@ All Gurus and maybe Nongurus like me

i saw the results of Nigerian German chemicals, belief me i dont understand those results that much

I simply need an advise, i bought NG chemical due to the analysis wanaj0 gave on this forum at 13.53 and was considering selling some or all this week to make up capital for japaul and Dangote flour, since its the only stock in my possession that have moved positively,although you guys have not said anything yet on both stocks due to non release of the prospectus, i just have a feeling that they might be good

Is this a right move? please i need your advise

Have a great weekend all

@ All Gurus and maybe Nongurus like me

i saw the results of Nigerian German chemicals, belief me i dont understand those results that much

I simply need an advise, i bought NG chemical due to the analysis wanaj0 gave on this forum at 13.53 and was considering selling some or all this week to make up capital for japaul and Dangote flour, since its the only stock in my possession that have moved positively,although you guys have not said anything yet on both stocks due to non release of the prospectus, i just have a feeling that they might be good

Is this a right move? please i need your advise

Have a great weekend all

Transcorp unveils transformation plan, lists shares

The management of Transnational Corporation Plc, on Thursday, unveiled a transformation plan that would make the company Nigeria’s multinational with an annual revenue of between $5bn and $10bn and with market capitalisation of between $30bn and $60bn.

The Managing Director, Transcorp, Mr. Tom Iseghohi, who spoke during the listing of the company’s shares in Lagos, said to realise this target, the conglomerate would deploy strategic imperatives such as right focus, structure, people, tools, process excellence and superior results.

Speaking to market operators and stockbrokers after the listing of over N2.899bn ordinary shares of 50 kobo each sold during Transcorp’s Initial Public Offering in February, he stressed the need to enlighten the investing public on the company’s operations.

By its listing, the technical suspension was officially lifted, meaning that investors who had already started receiving their share certificates could now trade in the stock.

Iseghohi expressed optimism that following the implementation of its transformation plan, the value of the equity would, in 24 months, grow to a minimum of N50 per share on the floors of the Nigerian Stock Exchange based on a price earning ratio of seven.

In his review of performance, he listed accomplishments recorded by the company from June 2007 till date to include 70 per cent restoration of NITEL backbone, restoration of M-Tel in 16 cities of Nigeria and the consummation of a technical partnership deal that could attract revenue worth N35bn with CISCO Incorporated, Dimension Data and Cable & Wireless.

He said, “In addition, Transcorp has secured N13bn funding for NITEL’s fibre optics network as well as the completion of the conceptualisation phase of a real estate mixed use development in Ikoyi that is expected to deliver N10bn positive cash.

“The company has demonstrated dynamism and immense capital raising skill by closing some high profile deals in the past two years. In 2005, it bought 51 per cent stake in the Abuja Hilton; a year later, it paid for 51 per cent of NITEL thus taking over the mobile telecommunication arm.

“We have also asked the banks to restructure the loan facilities from short term to long term as this would reduce the pressure in doing business, just as the about N29bn debt owed by some NITEL subscribers are being strategically recovered.”

Describing it as the new Transcorp, he said that the new management team was committed to meeting the expectations of investors in the shortest possible time in form of dividend payout and bonus issue before 2010 . The company, he said was also committed to capital appreciation.

While admitting that the company had suffered a fractured image due to lack of information on its operations, he pledged the team’s readiness to correct the negative perceptions through positive value and performance.

“The management team believes in the future and prospect of Transcorp. Some of us have staked our career and image on it because we understand its technical fundamentals and will continue to stake our funds in it,” he said.

Source:
The Punch
Friday, August 31, 2007

@RoughCut
Enough heard!!!!!!!!!!

@RoughCut
please could you enlighten me on what to look out for in a prospectus, how do you know that this is a good stock or not.
i usually listen to you guys everyday, without really knowing whats on the propectus, when i see your views on the forum i simply take my decision without looking into the prospectus

@goldman
i was just going through your mails in the forum and what caught me attention was the time you did your posting and you still had people awake to give you reply(s) immediately, just want to thank every one for being there for each other
this your bonus thing with FBN must have given you sleepless nights,my brother try sleep today

@easimoni
how do i go about selling now and re-buying later? i bought for 9.71 and the most intrested person that is willing to buy now is at a rate of 8.00/unit, considering brokers commission, my loss will be close to 120k naira considering 47k units that i have, going back to buy into Transcorp again is something i will not be think about for now,i bought transcorp when i had not joined this forum, the forum has made me take some valuable decisions before going into any stock
If there is any stock available for now on the floor that i can buy now and sell off making 50% by the end of the year, pls do let me know
Thanks for your reply

@egoldman
thanks for your reply, all you stated where things, i was told when i got into it, but it seems resolving their problems is taking forever

@temmie10
guy, you are always straight to the point,considering your reply and the once you sent other people,but i will like to know is it possible to buy Japaul PO buy september and still get your certificate by the end of the year, with this new e-allotment?

@ the Gurus in particular & All
I sent a post in another topic of this forum for the sale of my Transcorp shares and got three people willing to buy, the highest was 9, i bought for 9.71 on the floor, i had agreed to sell it, then on second thought i felt i should let my broker know what i was about to do, he then ask me if i have not being listening to the news lately on transcorp
Not that i need cash now, but maybe by the end of the year i might
Based on rumor or what's in the news, my question is "WOULD IT BE RIGHT FOR ME TO SELL IT OFF NOW OR LEAVE IT FOR LATER?"

@ the Gurus in particular & All
I sent a post in another topic of this forum for the sale of my Transcorp shares and got three people willing to buy, the highest was 9, i bought for 9.71 on the floor, i had agreed to sell it, then on second thought i felt i should let my broker know what i was about to do, he then ask me if i have not being listening to the news lately on transcorp
Not that i need cash now, but maybe by the end of the year i might
Based on rumor or what's in the news, my question is "WOULD IT BE RIGHT FOR ME TO SELL IT OFF NOW OR LEAVE IT FOR LATER?"

@ the Gurus in particular & All
I sent a post in another topic of this forum for the sale of my Transcorp shares and got three people willing to buy, the highest was 9, i bought for 9.71 on the floor, i had agreed to sell it, then on second thought i felt i should let my broker know what i was about to do, he then ask me if i have not being listening to the news lately on transcorp
Not that i need cash now, but maybe by the end of the year i might
Based on rumor or what's in the news, my question is "WOULD IT BE RIGHT FOR ME TO SELL IT OFF NOW OR LEAVE IT FOR LATER?"

Please is Sterling Bank Plc on technical suspension?

ebos:
I just bought first Bank Shares despite that it has closed. They are returning it now. I have a friend who is Stock Broker. N100,000 will give 3,020 shares at N33.00 per share. If you are interested just holla me and I will find out from my friend if he can still sell. First Bank Shares will rise, and it's advisable to invest there.

Sir could i know how to get in touch with you about this i actually just sent you a mail now

I actually posted this earlier but didn't get a reply from you
@ Wanaj0
i will like to know what you think of Sterling Bank Plc and livestock feeds plc, i actually took to your advise and asked my broker to get me Nigerian German Chemicals,but he suggested sterling bank and from fundamentals that i have gone through on this forum i also asked him to get me livestockfeeds

I will be grateful if anyone one in the forum has some kind of information that will strengthen what my broker told me yesterday,i have actually sent a buy order for these three stock

@ Wanaj0
i will like to know what you think of Sterling Bank Plc and livestock feeds plc, i actually took to your advise and asked my broker to get me Nigerian German Chemicals,but he suggested sterling bank and from fundamentals that i have gone through on this forum i also asked him to get me livestockfeeds

I will be grateful if anyone one in the forum has some kind of information that will strengthen what my broker told me yesterday,i have actually sent a buy order for these three stock

@ Wanaj0
i will like to know what you think of Sterling Bank Plc and livestock feeds plc, i actually took to your advise and asked my broker to get me Nigerian German Chemicals,but he suggested sterling bank and from fundamentals that i have gone through on this forum i also asked him to get me livestockfeeds

I will be grateful if anyone one in the forum has some kind of information that will strengthen what my broker told me yesterday,i have actually sent a buy order for these three stock