₦airaland Forum

OakPearl:
Keep it simple:
If someone who has 1 million Transcorp sees N48 million as it still reflects in most digital portfolios decided to sell 200,000 out of his reconstructed 250,000 (though he is not aware his total is now 250,000 post reconstruction) the transaction will not sail through?
If you understand that it will, that’s what I’m saying.
In his mind he thinks he still has 800,000 left out of his pre-reconstruction 1 million, not knowing the reality is that his 1 million shares is now 250,000 shares post reconstruction.
To him, he has booked huge profit selling 200,000 at N48, being ignorant that what he will be having left is just 50,000 Transcorp shares and not 800,000 shares.
You get my point now?

A lot of people are in this situation right now. I know 3 people who are confused already. They sold first batch, and when trying to sell further, they got insufficient error.

These people are the ones dragging price down.

Lunch

Potato & Local Sauce

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

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

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


E don land

Agbalowomeri:
Omo learning and experiencing are two different things o. In this bull period, you will get away with so many jagajaga moves. When serious school fees hit you, you go shout I am a chosen😂

A bull market is like gambling and winning 80% of the time. Your adrenaline go pump to all time high. You would think it's your brilliance that's winning you streaks. Let's enjoy it while it lasts though.

There is an anomaly in the Nigerian market mainly caused by the banks. Inflation and high interest rates are supposed to bring the market down. However, our banks appear to be round-trip ping treasury bills and Forex. As long as the rates are high, maybe they can maintain this level but some are already showing weakness. I suspect that when the earning realities set in, banks will lead the bear, hopefully from Q1 next year.

Before then sha, I am expecting a violent Xmas bull to cap the bull. If it happens, to your tent O' Israel😂

What about November bear? Won't come anymore?

Ginalex:
me too o. Wacc was 21.8 exit was 28. Wish I waited longer sha. It is what it is

My UBA BE is #23. I dey wait for #35

Locotrader:
The result disappointed me though I didn't see it as a bad one.
The improvement in this quarter signals strength going forward.

I need to see the latest shareholding structure.
The accumulations going on in the stock even now is saying a different thing from this result.

I am very much bullish in Japaul and waiting for the next line of action after this consolidations.......

What do you think about Champion pls. There's a good improvement on their Q3 result, but it seems someone is deliberately keeping the price low.

GeeKudi:
Don't be trapped the second time, unless you are seeking to sell when those big holders start dumping the next batch of their holdings.

I haven't untangle from the first trap

But it's good to see that things are looking up.

A lot of people are waiting for Aradel at below #500. Seems una go buy am at #600+ o

Lunch

Beans Porridge

Omo, this Aradel na pure One chance

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You people are not even creative with your format.

Well, since you can make 50% ROI in 10days, approach a bank and obtain 100M loan. Rinse and repeat the process till you overtake Dangote as richest Black man.

Lunch

ojeysky:
Looks like over 1bn was traded on champion today Abi meristem app is acting up ni

More like someone is trying so hard to keep the price low in order to accumulate.

Sunday Rice

Hotspurs:
isnt this diabetes recipe

Stew and Protein will ensure it doesn't spike his sugar level.

MonsterVerse:
Guy, make i bring Akpu Please.

Lol, it's not Vegetable soup o. It's just green (Amaranth leaves) and Ukpaka

Dinner

Goat meat & Vegetable Sauce

Ginalex:
NASCON still hold my "big" money that's not so big... I was able to exit DS at 47 when my Wacc was 44 to re-enter last week at 30.80. You'd think I had learnt from NASCON experience, for where?? naim I jump enter power . The funny thing about TPower is I initially entered at 277 or so and exited at 360 o, anya ukwu (oju kokoro) made me re-enter only to be trapped ... Na then I Kon learn lesson for real for real , dodged Aradel, C&I leasing that rallied to above 4 naira (now wey e don come down, I Kon dey find cheaper price ), Caverton too

Ur own better. My BE on DS is #58. But it well. I will wait it out. I want the price to drop to #25 so that averaging down will be cheaper. Lol

Mpeace:
Aradel will pay some day. You need to be careful with newly listed companies. They often fall after listing until the market fixes their price.

I will wait it out

Lunch

Ginalex:
one valuable lesson I learnt this year

I convinced myself that I have learnt my lesson o. Then boom, Aradel show up and trap me again. Lol But it wasn't as big as DS cos I only use my MMF interest & Sukuk coupon to buy it.

Transpower move up to #330.
While we are waiting for another 10% drop

ARADEL is Officially down by 10%

OakPearl:
I recently likened Aradel’s management integrity with that of NIDF in the manner they create shareholder value and try to increase dividend payout to shareholders.
Well, they seem to be proving me right small, small.
Q3 quarterly dividend of N5.09/share has been announced.
The highest payout so far!
We will still chop another one in 3 months time.
Dividend aristocrats don’t fail to keep this in your portfolio.

What is the Fair value pls

aj8:
Quite expected. ‘Smart’ for those that bought at NASD. Once those profit takers are done, the price will resume its climb to above N1000 probably from N597.00 . The Shell deal will be a huge catalyst. I will be buying more units on every 10% drop.
738.00✅
665.00
597.00

I don't think it has dropped to #738 yet. Last 100kunits deal I saw was #772

Why are they buying in 80kunits tho

OakPearl:
Sukuk been saving lives since 1900!

I'm telling you. I have been refreshing my app since morning. Lol

GeeKudi:
Might be going all the way down to N500

I was asking for fair value price.

Sunrisepebble:
Aradel pullback Please for those who of us who are not traders, besides Yochaa where I can monitor live prices. Is there any website that allows you to see live bid and offers

What is the fair value for Aradel

leparj:
Yes o.
Dividends and coupons.
Very important now.

To digress the thread a little,
Still expecting money for a coupon payment
(FGN bonds July 2023) date of 12th October.
Used to be like clockwork.
Y the delay?
Though 12th was weekend but 2 working days ve passed.

Even Sukuk that was supposed to drop on 13th Oct is yet to come.