BabsO2:
Based on Transcorp Q1, Q2 and Q3 results that showed increased income to shareholders I estimate the following full year numbers for Transcorp for full year 2021

Total comprehensive income of N 17.5 billion
That attributed to Shareholders = N 9.3 b
That to Non Controlling Interest = N 8.2 b
Giving EPS for Shareholders of 23 Kobo. How much of this will be paid to Shareholders as dividend is a big question and will contribute to determining if the price will continue to go up or fall back.

Not extraordinarily strong results. But positive change in direction.

,

Guessing between, 10k or 20k dividend

Dollarwoman:
Sold intbrew then it started moving today.....na wa o.

Same with me, I sold and it started moving.

Anyday I sell Sterling and Caverton that I have held for months, that's when they will start flying.

Please sell.

dharpzee:
,

Guessing between, 10k or 20k dividend

If they pay up to 10k that will be great. They like 1k to 3k dividends

I knew when you made the Fidson call, was afraid to join you then because non of the Ogas here supported you, it may be too late for me to enter now at the current price. I have been waiting to enter Gununess at sub 35 since last week but has not been successful.

I don’t think Transcorp can pay more than 5k as dividend.

BabsO2:


If they pay up to 10k that will be great. They like 1k to 3k dividends

I agreed with you 100%. The max they may do is 5k

customstreet:
I don’t think Transcorp can pay more than 5k as dividend.

lol. This one na insult abi na wetin. Lol.

BabsO2:


If they pay up to 10k that will be great. They like 1k to 3k dividends

That was then naa. Their eps has greatly multiplied.

Dollarwoman:
I knew when you made the Fidson call, was afraid to join you then because non of the Ogas here supported you, it may be too late for me to enter now at the current price. I have been waiting to enter Gununess at sub 35 since last week but has not been successful.

@Dollarwoman

Both Guinness and Fidson are still cheap at the current prices.

customstreet:
I don’t think Transcorp can pay more than 5k as dividend.

I concur, transcorp is very conservative with dividend payout.

They retain large part of their profit to finance expansions and debt servicing

RodgersAkpafu:

How about using it as a place to buy shares for keep and dividend income ?

What's your take on that

The advantage with Trove is that you don't have to worry about the documentation/paperwork necessary to get your dividends and I think they also offer fractional shares on Nigerian stocks. But as someone mentioned, you're not a "direct" shareholder, I think they own the shares and do the book-keeping necessary to proportion the shares. I'd recommend them if you are not planning to hold long term.

You can also try Chaka, they use Citi Investment Capital as brokers, so your name appears directly on the shares you own. I'm not sure if they deal with the paperwork for receiving your dividends for you.

samguru:


I concur, transcorp is very conservative with dividend payout.

They retain large part of their profit to finance expansions and debt servicing

But one thing to note is that In time past, much of Transcorp earnings had been attributed to non controlling owners unlike in recent results.

Mpeace:
But one thing to note is that In time past, much of Transcorp earnings had been attributed to non-controlling owners unlike in recent results.

What does this mean?
I don't really get it?
Isn't all earnings attributed to all shareholders in proration to their shareholdings?

RodgersAkpafu:

How about using it as a place to buy shares for keep and dividend income ?

What's your take on that

I think the I-invest app is a better alternative here, they pay the dividends directly ur bank account & they actually send u an SMS alert with ur CSCS account number for every unit of stock u buy.

Wapgod:

What does this mean?
I don't really get it?
Isn't all earnings attributed to all shareholders in proration to their shareholdings?

Look at the two results below, from q3 2020 and q3 2021 you will notice the part of profit attributable to owners of parent company on both results. Note the difference for each year.

Elsueno:


I think the I-invest app is a better alternative here, they pay the dividends directly ur bank account & they actually send u an SMS alert with ur CSCS account number for every unit of stock u buy.

I-invest is owned by Parthian Partners Limited(SEC license, NSE and FMDQ member)

You own everything you buy through I-invest.

Please is fb meta stocks a good project to invest?

This week on Value Nigeria Podcast, we talk to Dr. Manasseh Egedegbe (@knightofdelta), Chief Investment Officer of a fledging hedge fund, about investing in yourself, cryptocurrencies and everything in-between...

Enjoy the conversation...

https://anchor.fm/value-nigeria/episodes/45--Investing-in-yourself-Conversation-with-Dr-Manasseh-Egedegbe-Knight-of-Delta-e1d0vg6

DrAwo:
This week on Value Nigeria Podcast, we talk to Dr. Manasseh Egedegbe (@knightofdelta), Chief Investment Officer of a fledging hedge fund, about investing in yourself, cryptocurrencies and everything in-between...

Enjoy the conversation...

https://anchor.fm/value-nigeria/episodes/45--Investing-in-yourself-Conversation-with-Dr-Manasseh-Egedegbe-Knight-of-Delta-e1d0vg6

Pls could this be the same KOD we had in SMN before it went down

Biafran4life:
Pls could this be the same KOD we had in SMN before it went down

Yes

DUNKA:
https://www.nairaland.com/6942244/gt-bank-innoson-dispute-supreme-court#109426366

Learnt ruling was on GTB favour.

Zegra:

Yes

Interesting. More than a decade ago.

samguru:

@Dollarwoman

Both Guinness and Fidson are still cheap at the current prices.

Thought you sold your guiness at N35 sometimes ago. Did you re-enter ?

DUNKA:
https://www.nairaland.com/6942244/gt-bank-innoson-dispute-supreme-court#109426366

Hopefully this is the first catalyst GTCO needs to start moving up. The beating has been too much

Ades1:



Hopefully this is the first catalyst GTCO needs to start moving up. The beating has been too much

The people selling are not done

DUNKA:
https://www.nairaland.com/6942244/gt-bank-innoson-dispute-supreme-court#109426366

This means that the matter is still in court.

emmanuelewumi:



The people selling are not done

who are the people selling and why.Do you foresee it coming down to #20

pizapato:


Thought you sold your guiness at N35 sometimes ago. Did you re-enter ?

Yes I did

5 Lucrative Metaverse Stocks You Can Buy in Nigeria in 2022

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https://businesselitesafrica.com/5-lucrative-metaverse-stocks-you-can-buy-in-nigeria-in-2022/

WhrightJr:
Please is fb meta stocks a good project to invest?

FB is still a quoted stock and they have some investments in metaverse items, but these are still part of the company.

If you are interested in metaverse related stocks there are a couple of them aside FB: MTTR, RBLX etc.

For now some good metaverse tokens/projects in the top categories are : SANDBOX, MANA,AXS, AVAX etc. You can further follow on this in the US stock forum. Equally you can message me for an introductory material if interested.