Incompetent indeed. TP is the best president Nigeria has had since independent. No worry , wait till 2027 to vote him out. What were you expecting when TP got him. As far as I'm concerns he is doing his best to make things better. I van not imagine any of the candidate that contested with him to do better. Nigeria was skeleton when he got him. Can you imagine a country subsidising forex for people to go on pilgrimage etc, no production etc. I beg leave matter.
Tinubu is an incompetent leader Fact check Foreign reserves almost double Crude oil export has increased about 1million barrels Debt servicing reduced to 65 percent from 90 Crude for Naira for local refinery and now Nigeria now exports PMS If u can personally do better, please come up with your facts and figures I hate too much grammar
designking: Transcorp: Evaluating HH Capital Limited’s Mandatory Tender Offer and Future Prospects
Transnational Corporation Plc (Transcorp), a diversified conglomerate with interests spanning energy, hospitality, and other sectors, has recently made headlines due to a mandatory tender offer (MTO) from HH Capital Limited. This offer, in compliance with regulatory requirements, pertains to 0.02% of Transcorp’s fully paid ordinary shares, amounting to 2,032,399 shares. HH Capital Limited has proposed a 0.25% premium over the current market price for these shares, which will effectively raise HH Capital’s ownership stake in Transcorp to 35.94%, considering both direct and indirect holdings. This acquisition signals HH Capital’s growing influence in Transcorp and its potential strategic implications for the company moving forward.
In light of this MTO, it is crucial to analyse the company’s recent performance, particularly its impressive growth trajectory in 2024, and assess the outlook for investors. This will provide insight into whether shareholders should hold or sell their shares as the company continues to evolve under its new ownership structure.
Transcorp’s performance in Q3 2024 has been nothing short of remarkable. The company reported a total revenue of N297.664 billion for the nine months ended September 30, 2024, reflecting a staggering 133% year-on-year growth. This surge in revenue was largely driven by the energy segment, which remains the backbone of Transcorp’s operations. Energy revenue alone accounted for 57.6% of the total nine-month revenue, showcasing the sector's critical importance to the company’s overall performance.
Within Q3 2024, Transcorp achieved a record revenue of N122.327 billion, a 166% increase compared to N45.903 billion in Q3 2023. This dramatic rise underscores the company’s ability to capitalise on favourable market conditions, expand its operational footprint, and diversify its revenue streams. Such growth is further reflected in the company’s profit before tax (PBT), which surged by an astonishing 352% year-on-year, totaling N34.5 billion for the quarter. For the full nine-month period, PBT reached N105.4 billion, a remarkable 303% increase compared to the same period last year, and 79% higher than the full-year 2023 PBT.
These figures clearly indicate that Transcorp is not only navigating the challenges of a volatile market but is also emerging as a strong contender in its various business sectors. The company’s diversification strategy, particularly the growth of its energy, hospitality, and other business lines, has placed it in a favourable position to capitalise on future opportunities.
Impact of HH Capital’s Increased Ownership
HH Capital Limited’s mandatory tender offer to acquire additional shares of Transcorp will likely have significant implications for the company’s future. By raising its ownership stake to 35.94%, HH Capital will likely gain a more influential role in the company’s decision-making processes, potentially leading to shifts in governance and strategy. Such increased control also pave the way for more aggressive expansion plans, operational efficiencies, and deeper financial investments.
Given that HH Capital is a major shareholder, investors will need to monitor any changes in corporate governance that will arise from this new holding structure. It is possible that this change will lead to improved operational synergies, especially if HH Capital brings in new strategic partnerships or capital to support Transcorp’s diverse business lines. However, it also raises questions about the balance of power within the company, which have implications for minority shareholders.
Stock Price Surge: Is Now the Right Time to Hold or Sell?
Transcorp’s share price has experienced an extraordinary surge in 2024. Starting the year at N8.66, the stock has surged over 400%, currently trading at N44.00 per share. This impressive rally has been fueled by the company’s stellar financial performance and a favourable market environment. The substantial growth in share price reflects investor optimism surrounding the company’s prospects, particularly as it continues to outperform expectations across revenue and profitability metrics.
However, the rapid rise in share price begs the question: Is this the right time for investors to hold onto their shares or to take profits by selling? While Transcorp’s fundamentals remain strong, the substantial increase in its stock price suggests that much of the good news may already be priced in growing on the backdrop share reconstruction, having multpler effect on the company price. For investors who have seen significant gains in 2024, selling could be an attractive option to lock in profits. On the other hand, those with a longer-term investment horizon may choose to hold, given the company’s robust growth trajectory and potential for further expansion under the leadership of HH Capital.
Recommendation: Hold for Long-Term Growth
Based on Transcorp’s exceptional financial performance in Q3 2024, coupled with the increased ownership stake of HH Capital, the company appears well-positioned for sustained growth in the long term. With strong revenue growth, impressive profitability, and a diversified business model, Transcorp’s prospects are promising.
For investors, the current surge in share price present a temptation to sell, especially for those seeking to take profits after the significant year-to-date increase. However, for those with a long-term outlook, holding onto shares seems to be a more prudent strategy. The growing influence of HH Capital will usher in further operational efficiencies and strategic initiatives that may continue to drive Transcorp’s growth. Given the company’s strong fundamentals and diversified portfolio, it is likely that Transcorp’s value will continue to rise over time, making it a solid hold for investors looking to benefit from future gains.
Thus, the recommendation for shareholders is to hold their Transcorp shares, provided they are willing to adopt a long-term investment perspective and take advantage of potential future gains driven by both operational improvements and strategic investments.
We elect leaders to shape our society for good. Agreed we all have a role to play but leadership from the top must consistently show example and provide a road map. Why do we spend billions on elections to end up having charlatans as leaders. Do you know how many Nigerians that are able bodied and willing to work but can't find jobs? The companies that left Nigeria, what forced them to leave? We mustn't all do the the same thing. Using your pepper farming example which is good, I hope you farm your own petrol, raise your own security company to protect while travelling. Pay police xxxxx amount to investigate a case or effect an arrest. Build on your custom so they don't charge you arbitrary duties when you import goods. I can go on and on. Have a blessed day!
You can live all day making noise and complaining. I don't care.You didn't tell us you own contribution to the betterment of nigeria and if you have integrity if placed in any position. I was not approving TPAIN leadership. All I said removing subsidy on fuel and dollars was the best thing at anytime .Thr is work and many Nigeria youths I meet on the street are not ready to go through pain to learn any skill.You want inflation down hit the farm in what ever capacity in the next farming season. The people creating employment don't have extra brain.
Only people who lose an intellectual engagement and are unable to articulate clear alternatives, resort to personal attacks
Time will vindicate or vilify all policies
Bros, why did they throw all those insults at GEJ? Some who don't talk any more even called his wife unprintable names! Just because those here are doing well doesn't mean that it's easy out there!! Naija....is the only place where what is good for the goose is not good for the gander!!! .
emmanuelewumi: What are we buying from now till the end of the year?
Buying ke my oga.We don buy finish till new fund enter January
Pls I need your opinion and others on this three brokers 1 stanbic brokers 2 cardinal stone 3 ucap brokers I want to open a new account so I can move my account from another house.I can not sell because my long time bond is way housed in that account I want a broker I can be using my account for leverage for investments sometimes I want a broker who customer service is above average and have good platform for me to trade myself Thr commission charge should be reasonable but not picking the highest aproved brakect in the industry. A broker that is equal to the task to make sure they move out my account when I open account with them.
So, if by the end of 2025, poverty, inflation, unemployment, and the national debt are still high, will you change your mind about the current economic policies and the man pushing them?
crownprince2017: It's normal to have a contrary view on a subject matter but personal attacks shows that you are not different from the leaders you claimed are the perpetrators of evil.
I wondered how people can't understand the simple economics, for every economic policy there are weaknesses, it's now the work of policy makers to go for the one they think the upside is more than the downsides.
Even in developed countries, we have seen intelligent people disagree on economic policies and both have fact to support their claims.
I wonder why someone will think his imagined policies is the best, hence the reason for being emotional. If people begin to dissect your imagined policies you will be surprised to see how naive you are on economic policies.
It's only a fool that thinks he/she has superior knowledge without proper confirmations.
You can hate the guy at the asovilla but I can tell you, he is doing a lot right on the economic front, the results will be evident from 2025 upward.
Agba, mercy, street and co, I posted an issue in the earlier pages regarding me, meristem and atlas, no advice, Maka why na.
The solution is not in farming season, we have to improve storage of excess harvest at farming season and increase dry season farming. All year farming is the way out... irrigation, green house, improved variety for dry season, etc.
HesInMe: So, if by the end of 2025, poverty, inflation, unemployment, and the national debt are still high, will you change your mind about the current economic policies and the man pushing them?
Why don't you say in your personal capacity what you are doing in such regards. Tell us what you are doing no matter how small to improve Nigeria. Thr are alot everyone can do beside noise and complaining..Can you hit your chest and say if I am put in a position I won't be corrupt at any cost.I will always do the right thing with the fear of God in my heart
Streetinvestor2: Buying ke my oga.We don buy finish till new fund enter January
Pls I need your opinion and others on this two brokers 1 stanbic brokers 2 cardinal stone
I want to open a new account so I can move my account from another house.I can not sell because my long time bond is way housed in that account I want a broker I can be using my account for leverage for investments sometimes I want a broker who customer service is above average and have good platform for me to trade myself Thr commission charge should be reasonable but not picking the highest aproved brakect in the industry. A broker that is equal to the task to make sure they move out my account when I open account with them.
I expecting coupons from Sukuk, it will be invested in Presco
So when should we start to expect the Notifications from Wale's Desk, through FirstReg, through the CSCS, of the arrival into our Accounts, of the great Oando redistributables
zendi: So when should we start to expect the Notifications, from Wale's Desk, through FirstReg, through the CSCS, of the arrival into our Accounts, of the great Oando redistributables
I expecting coupons from Sukuk, it will be invested in Presco
I forgot oh.Sukuk will drop on 29th.Presco will continue to be a gradually buy unless fundamentals change. Pls help out with this two brokers. I know you sabi the both or use them based on what I am looking for in any of them...thanks
Is that a yes? Or are you going to keep deflecting when someone asks you a basic question -- when will we know it's working? -- about the performance of a suite of economic policies you support? This hyper-tribalism is going to finish us all.
But to your question: I have never stolen money, and I never will.
Streetinvestor2: Why don't you say in your personal capacity what you are doing in such regards. Tell us what you are doing no matter how small to improve Nigeria. Thr are alot everyone can do beside noise and complaining..Can you hit your chest and say if I am put in a position I won't be corrupt at any cost.I will always do the right thing with the fear of God in my heart
Streetinvestor2: I forgot oh.Sukuk will drop on 29th.Presco will continue to be a gradually buy unless fundamentals change. Pls help out with this two brokers. I know you sabi the both or use them based on what I am looking for in any of them...thanks
Based on personal experience, I believe Cardinal Stone is good enough for retail investor trading as their recent website upgrade is great and payments are seamless with low transfer fee (N50). I think the total charge/commission for buying is 1.45% and about 2.1% for selling. Also, their customer care respond to emails relatively promptly (at least, same day).
Streetinvestor2: Buying ke my oga.We don buy finish till new fund enter January
Pls I need your opinion and others on this two brokers 1 stanbic brokers 2 cardinal stone
I want to open a new account so I can move my account from another house.I can not sell because my long time bond is way housed in that account I want a broker I can be using my account for leverage for investments sometimes I want a broker who customer service is above average and have good platform for me to trade myself Thr commission charge should be reasonable but not picking the highest aproved brakect in the industry. A broker that is equal to the task to make sure they move out my account when I open account with them.
Morgan Capital: good customer service and quick response...not sure if they will let you in for leverage. UCAP: As oga Emma said sometime ago (if one got him right) they can let you use leverage. As a risk-averse investor....I rarely use leverage!
Streetinvestor2: I forgot oh.Sukuk will drop on 29th.Presco will continue to be a gradually buy unless fundamentals change. Pls help out with this two brokers. I know you sabi the both or use them based on what I am looking for in any of them...thanks
Palm Oil incorporated into fuel production in Indonesia
My Stanbic experience is not a good one. 1. Their customer service is terrible. You need information and to ask a question you will have to call customer care numbers and not individuals. And you can be on hold for minutes, and if you finally get someone to take your call, you don't get all the help you need. I'd you send email the back and forth involved takes time to resolve your issues. With my current broker a chat on WhatsApp answers my inquiry in minutes. 2. I am never successful bidding using limit but market. 3. Seems to me they have high networth customers they pay more attention to or even assign account officers to. The rest of us are unimportant. I had to open another stock account with Apt securities which to me is excellent.
Streetinvestor2: Buying ke my oga.We don buy finish till new fund enter January
Pls I need your opinion and others on this two brokers 1 stanbic brokers 2 cardinal stone
I want to open a new account so I can move my account from another house.I can not sell because my long time bond is way housed in that account I want a broker I can be using my account for leverage for investments sometimes I want a broker who customer service is above average and have good platform for me to trade myself Thr commission charge should be reasonable but not picking the highest aproved brakect in the industry. A broker that is equal to the task to make sure they move out my account when I open account with them.
HesInMe: Is that a yes? Or are you going to keep deflecting when someone asks you a basic question -- when will we know it's working? -- about the performance of a suite of economic policies you support? This hyper-tribalism is going to finish us all.
But to your question: I have never stolen money, and I never will.
You can see your reasoning. You think everything is based on tribalism. I don't hide my ID.Many here know I am igbo/imo state. You think I voted obi because he is igbo.Then you need brain check.I will vote Tinubu over rochas,supreme Court governor of my state and the both kalu of Abia state.That Prof in Anambra is under performing based on what I had expected. That I didn't vote T pain because i never so him as the best for the job.I still support his two policy and the third on the move.And would have supported it even if it came from anyone else..I grew up having more hausa,yoruba than igbos as friends .I no get time for tribal nonsense .
My Stanbic experience is not a good one. 1. Their customer service is terrible. You need information and to ask a question you will have to call customer care numbers and not individuals. And you can be on hold for minutes, and if you finally get someone to take your call, you don't get all the help you need. I'd you send email the back and forth involved takes time to resolve your issues. With my current broker a chat on WhatsApp answers my inquiry in minutes. 2. I am never successful bidding using limit but market. 3. Seems to me they have high networth customers they pay more attention to or even assign account officers to. The rest of us are unimportant. I had to open another stock account with Apt securities which to me is excellent.
It is funny that is the same apt I want to exist. They have grown big over the yrs but refused to upgrade. I have stopped complaining. Thr platform is not what you can trade yourself. I don't have that time to call or send mail to capture opportunities in the market going into 2025.Thr commission for both buy/sell is at highest peak of the industry. They don't operate leverage services. I use Morgan but will not want to reinvest money from wapco via them into the market. I have developed in this business and believe I can now handle leverage packages. Maybe I should remove stanbic and replace with ucapital brokers. Pls more opinions are welcomed
Owoblowblow: Incompetent indeed. TP is the best president Nigeria has had since independent. No worry , wait till 2027 to vote him out. What were you expecting when TP got him. As far as I'm concerns he is doing his best to make things better. I van not imagine any of the candidate that contested with him to do better. Nigeria was skeleton when he got him. Can you imagine a country subsidising forex for people to go on pilgrimage etc, no production etc. I beg leave matter.
Some political opinions on this page is just school boy reasoning. You mentioned pilgrimage but forgot the same BAT released 90billion to fund 2024 pilgrimage in March 2024. https://guardian.ng/news/fg-bows-to-pressure-approves-n90billion-subsidy-for-hajj-fares-report/ What policies are being implemented other than propaganda? Food Import waiver, medicine import waiver, cultivation of an Imaginary 10million hectares, the list is endless. Propaganda isn’t governance! Stop this nonsense mention of 2027, votes don’t count in Nigeria. INEC selects and our judiciary validates the fraud. Did BAT win 2023 elections??
