Cadillac15:
I normally don't like posting in bullish periods because of the popular knowledge that everyone becomes an expert in such periods.

But I feel obliged to give some thoughts to newbies as they pay their NSE fees.

What is suddenly moving the market? Why are prices going up generally? The answer is simple. No more 18%+ interest in Treasury Bill. No more 16%+ interest in Bonds. All the monies that left the market as a result of the sudden increase of interest rates at the peak of our recession is returning back to the stock market. This is good for the market but has a very big disadvantage to inexperienced traders. Why? Because all the stocks will appreciate in price Will they remain so? No Why? Because investors will soon discern the good stocks from the bad and hence offload the bad to unfortunate hands who will then hold them through the bearish period or sell at a loss

In all this, it is important to know everything about the company you are buying their shares, what is in it for you, what is moving their price and most importantly, your exit plan when poo hits the fan. I give you an example, what's special about Fidelity Bank? Is their numbers the best in the banking index? No then why is everyone looking their way right now? Simply because they declare good dividend historically. Now, you follow the band wagon, buy Fidelity because of this fact, not planning your trade. After the dividend play and ex-dividend date, the players will exit and this will pull back the price. Why? It will no longer be fruitful to hold Fidelity until the next dividend period chikena.

Another of such company is Afriprud. These are even companies with good financials o. So what happens to you if you had gone ahead to buy caverton because the price is rising with the general bull? Or CI Leasing? Or even Skye

Anyway, I'm in my house. If my opinion annoyed you, come and beat me

veecovee:
imagine! Some people think that he has a more accurate system than those that invested more than N10billn at 1.26. I don't know why currentprice talk like this. The other day he attacked diamond even at N1, where is diamond today? I want to advice all not to attack any company cause you are not there. There are levels of investors. No wise investor would invest up to N1blln in caverton or cilease

leo1234:




I must cut my loses on Monday if need be.

bigjay01:


Ndi Obere okwukwe.

N14B+ no be moi-moi.

Who gambles with such an amount? Even Alhaji did not become what he is today by throwing away money.

Learn to follow the money.

lancee:



Transcorp ..eni ori yoo .ipade di ile

Jaaaaaa!!!

Let see what monday willl offer

bigjay01:


Forget about Monday, it may well fall to 50k.

FA & TA no reach this one. This is a classic stock for patient investors. Sell and move one if you are looking for a quick buck.

I repeat - follow the money.

I now know a thing or two about following money.

BTW - I am a verrrrrry long term investor so my ranting above may not work for everyone.

pluto09:


Giving an opinion about a stock is not the same as attacking it.
CP places a premium on current earnings which is reflected in his choice of stocks.

Transcorp p/e is about 16, which is higher than that of gtb, zenith, DS and other established companies.
Of course stocks is not only about earnings but I have learnt that the bottom line is very very important.
As for those buying based on the hope that transcorp might acquired a new power asset,that is a risky one. The process that will lead to the sale of those assets have not even commenced and only God knows long it will take. And besides, acquiring an Asset is one thing and turning it into profit is another thing.

And finally, I don't know what the share price of transcorp will be in the future as we are all working under probability. I wish those in the bus good luck

DeRuggedProf:
FOR LOCO ALONE:
A man like you sank over N13B and has gone to bed...

pluto09:


Money is relative o DRF.
That 13b might just be 1% of the man's worth.
And for Loco, ,.......

bigjay01:


Forget about Monday, it may well fall to 50k.

FA & TA no reach this one. This is a classic stock for patient investors. Sell and move one if you are looking for a quick buck.

I repeat - follow the money.

I now know a thing or two about following money.

BTW - I am a verrrrrry long term investor so my ranting above may not work for everyone.

straffing:
I have a hunch you are not in the Fidelity train going by the sound-bite of your post. I would not know other better reasons ( maybe price volatility by your reasoning) that will be considered in opting for a particular stock other than good dividend payment history and a growing EPS. Those two variables are clearly on the side of Fidelity bank. It does appear that you mis- timed the market and missed the opportunity to a position.
Im sorry am this direct.

fopishow:
Gurus in the house, i am thinking of loading Okomu and presco long term say one year. Is this advisable?

bigjay01:


Forget about Monday, it may well fall to 50k.

FA & TA no reach this one. This is a classic stock for patient investors. Sell and move one if you are looking for a quick buck.

I repeat - follow the money.

I now know a thing or two about following money.

BTW - I am a verrrrrry long term investor so my ranting above may not work for everyone.

nio68:


Not quite sure what you mean ..Uncle Tony(HH) is divesting , if you are following the money then you should running away not buying into it. If there is no trouble ahead not sure why he would be divesting ... in other climes news like this would cause drastic fall in share price lets see market's reaction on Monday... I feel Transcorp is for loose change if at all one want to invest in it.. just my opinion

bigjay01:


Forget about Monday, it may well fall to 50k.

FA & TA no reach this one. This is a classic stock for patient investors. Sell and move one if you are looking for a quick buck.

I repeat - follow the money.

I now know a thing or two about following money.

BTW - I am a verrrrrry long term investor so my ranting above may not work for everyone.

currentprice:


boss on the bolded are you not worry about the 40b O/S . are your not worrrry transcorp can do reconstruction of the share in the nearest future apart for all the eps , pe etc. transcorp have negative free cash of about 15B as at Q3. meaning the company needed cash seriously and right issue might be one of the option in future

valacious:
On Transcorp...whoever bought at 1.26, will not sit down and watch 11billion investment shrink...the entity or person obviously bought for profit..so guys expect a bull..

bigjay01:


Depends on how you see the glass. HF or HE?
Uncle Tony is selling and a greater fool is buying?
Who would be investing such an amount on impulse? At N350/$, that is ~$40m. Oh well

samguru:
I am surprised so many analysts with little or no knowledge about dynamics of stock market have led Transcorp to abattoir and disembowel the company.

Whether the block divestment was from Uncle T or not, if there is no demand there can not be supply.

if Uncle T truly divest, does that imply the company is dead? go back to the results released so far are they not impressive? over bloated ordinary shares is the problem of the company.

Do you know if the plan is to dilute the shareholding structure?

You guys should go and find out the new buyer first, before you tear Locodemy to pieces.


Don't forget what is old to Uncle T is new to next man

lancee:



Transcorp .. eni ori yoo .ipade di ile

Jaaaaaa!!!

Let see what monday willl offer

Manonamission:
In Fxuser's voice;

Dangsugar gap up

straffing:
I have a hunch you are not in the Fidelity train going by the sound-bite of your post. I would not know other better reasons ( maybe price volatility by your reasoning) that will be considered in opting for a particular stock other than good dividend payment history and a growing EPS. Those two variables are clearly on the side of Fidelity bank. It does appear that you mis- timed the market and missed the opportunity to a position.
Im sorry am this direct.

fxuser:
Transcorp
- interesting discuss , i ff price
- nov mth was morel like neutral with below avg low vol
- d mth candle formed a tight doji, opening at 1.40, close 1.36 , high 1.53 , low 1.31
- last 6 mth closures: nov: 1.36 , oct: 1.44 , sept: 1.36, aug: 1.30, july : 1.44 , june: 1.43
- a close above july is very bullish , stop loss is Aug .

fxuser:
Transcorp
- interesting discuss , i ff price
- nov mth was morel like neutral with below avg low vol
- d mth candle formed a tight doji, opening at 1.40, close 1.36 , high 1.53 , low 1.31
- last 6 mth closures: nov: 1.36 , oct: 1.44 , sept: 1.36, aug: 1.30, july : 1.44 , june: 1.43
- a close above july is very bullish , stop loss is Aug .