Frangel:
My simple advice to the average investor on NGX is to have a simple plan of thinking long term, buying good quality stocks that pay dividends regularly and reinvesting the dividend. Buy more when you can add more funds. You would have grown a good portfolio over the years. Be disciplined with reinvesting your dividend.

An investor that bought 1000 units of GTBank@N5.10 at the IPO in 2001, would have shares worth about N170k now and received over N172k as dividends to date. An investor that bought Presco at about N10 around 2008, would have it at N150 per share today (not recognizing dividends paid o).

Please leave the complex strategies for those that might know how, until you learn better. They don't always win.

Hope you can say the same thing for OANDO, SKYE and other Companies that have been delisted or scrapped? Trading on shares with good fundamentals remain the best strategy.

dapix:


Hope you can say the same thing for OANDO, SKYE and other Companies that have been delisted or scrapped? Trading on shares with good fundamentals remain the best strategy.

Exactly what I wanted to say. In this market, you need to constantly monitor and rebalance your portfolio based on fundamentals.

You can add bank PHB, oceanic and Evans medical on that list

You can add yours

Justcul:


Exactly what I wanted to say. In this market, you need to constantly monitor and rebalance your portfolio based on fundamentals.

You can add bank PHB, oceanic and Evans medical on that list

You can add yours

Add INTERCONTINENTAL BANK to the list.

dapix:


Hope you can say the same thing for OANDO, SKYE and other Companies that have been delisted or scrapped? Trading on shares with good fundamentals remain the best strategy.

Oando that informed investors sold almost 10 years ago and Skye bank that refused to publish audited accounts for 3 years.

dapix:


Add INTERCONTINENTAL BANK to the list.

Intercontinental bank at N44 paying dividend of 70k.


Ko make sense na.

Good quality stocks are of companies with good fundamentals. Semantics. I can't put Oando (since acquisition as Unipetrol) and Skye in that category. It's not about price or visibility.

Of course companies with good fundamentals can hit the rocks with time, but the signs would be out there a long time before. Hence the investor has to be on the outlook.

Please note I was advising on "long term investing" and not "trading". Any stock at all can be traded.

dapix:


Hope you can say the same thing for OANDO, SKYE and other Companies that have been delisted or scrapped? Trading on shares with good fundamentals remain the best strategy.

Please can someone explain to me what is happening. I thought the nse is first come first served. I placed a sell order early this morning. After some time I got notice of few sold as partial fill.Since then large quantities of the same shares are being sold at the same market price I put but my order is still on the little initially partial sales.Why is my own not being sold .And the sales I am seeing are not crossed dealings

TRANSCORP
I've just been watching the mvmt of this stock and 2 or 3 other ones since market opens.......
- Despite markdown, it's been showing strength.....
- Offer more than bid, but still getting attention...
- Over 89M done in transactions btw 1.35 & 1.43....
- Some info seems to be driving the interest .....
* Could it be because of the new incoming admin of the president elect?
* Is Tony planning/commencing share buy back or it's the financials?
* Is the time for Transcorp to move approaching or just the initial gragra?
Events of things will throw more light on it in coming days or months sha.

NB: Not any form of advice

Streetinvestor2:
Please can someone explain to me what is happening. I thought the nse is first come first served. I placed a sell order early this morning. After some time I got notice of few sold as partial fill.Since then large quantities of the same shares are being sold at the same market price I put but my order is still on the little initially partial sales.Why is my own not being sold .And the sales I am seeing are not crossed dealings

They are crossings.
Which stock anyway?

yMcy56:
TRANSCORP
I've just been watching the mvmt of this stock and 2 or 3 other ones since market opens.......
- Despite markdown, it's been showing strength.....
- Offer more than bid, but still getting attention...
- Over 89M done in transactions....
- Some info seems to be driving the interest .....
* Could it be because of the new incoming admin of the president elect?
* Is Tony planning/commencing share buy back or it's the financials?
* Is the time for Transcorp to move approaching or just the initial gragra?
Events of things will throw more light on it in coming days or months sha.

NB: Not any form of advice

Maybe a bigger player is buying 😂, we shall all find out who the person is tomorrow, let's keep watching

Why tomorrow Pls?
[q1uote author=dpacificheraclx post=122465150]


Maybe a bigger player is buying 😂, we shall all find out who the person is tomorrow, let's keep watching [/quote]

dpacificheraclx:
Maybe a bigger player is buying 😂, we shall all find out who the person is tomorrow, let's keep watching

Maybe too.
The huge cross deals of yesterday was said to be about 3.8% of the total shares outstanding.....
TRANSCORP just needs to do something about the OS cos it's not expected to stay static at present price.

yMcy56:

Maybe too.
The huge cross deals of yesterday was said to be about 3.8% of the total shares outstanding.....
TRANSCORP just needs to do something about the OS cos it's not expected to stay static at present price.

Yes, the deal should be between 3-5% of OS, maybe today or tomorrow, let us wait for NSE

yMcy56:

They are crossings.
Which stock anyway?

ZENITHBANK

Streetinvestor2:
ZENITHBANK

Oga you dont want dividend?
QD is Friday 14th o.

Those sales you saw would probably be crossings from one customer's account to another.......it's just passing thru the search engine.
My own little understanding of it.

yMcy56:

Maybe too.
The huge cross deals of yesterday was said to be about 3.8% of the total shares outstanding.....
TRANSCORP just needs to do something about the OS cos it's not expected to stay static at present price.

What's os, please?

Report has it that AMCON sold off 1.5billion shares yesterday. The buyer we dont yet know

yMcy56:

Maybe too.
The huge cross deals of yesterday was said to be about 3.8% of the total shares outstanding.....
TRANSCORP just needs to do something about the OS cos it's not expected to stay static at present price.

yMcy56:

Oga you dont want dividend?
QD is Friday 14th o.

Those sales you saw would probably be crossings from one customer's account to another.......it's just passing thru the search engine.
My own little understanding of it.

Abeg make they hold thr div plus 10 percent WHT.Then it it will tank below #20.My BE is 18 plus.Make I try new strategy. The 10 percent don dey vex me,lol.If I had don it on ucap I for double the dividend. Since Fdi is not coming any time soon na to cash out anytime you sense opportunity

Zagee:
Report has it that AMCON sold off 1.5billion shares yesterday. The buyer we dont yet know

I thought AMCON was the buyer

NapoleonHill:

What's os, please?

Outstanding Shares......Total number of shares of a company available for trading in market.
Innclusive of those ones held by institutional investors.

For instance, Transcorp's OS is currently 40.65Billion...
This was noted to be huge and somehow affecting the share price from moving up and gaining significantly........because the number of shares for Free Float is 39.65Billion or thereabout.

Free float are the ones available or can be accessible for trading on the secondary market, which is the Stock Exchange.....

Thats my little understanding of it.

yMcy56:

I thought AMCON was the buyer

Femi Otedola

Femi Otedola acquires 5.52% of Transcorp Plc

ZikkyChops:
Femi Otedola acquires 5.52% of Transcorp Plc

now it is time to mop up Transcorp Plc?

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ZikkyChops:
Femi Otedola acquires 5.52% of Transcorp Plc

Wait, does this make Ote$ the biggest shareholder of Transcorp now? Even more that Tony Elumelu

essentialone:


now it is time to mop up Transcorp Plc?

what is driving ote$?

merger of ughelli; Afam (Transcorp power) and Geregu power in sight?

bidding war likely to follow? (30-40% probability, while the shareholding structure looks similar to FBNH ( large fragmentation) it is not exactly the same (sizeable large chunk circa 10-20% still with a single person (TOE), which is not same scenario with FBNH).

why did TOE not pick the chunk up to protect his interest (no plausible answer)

or is Ote$ exploring the Cocacola Nigeria strategy? i.e. maintain a hold on a competitor in other to influence decision making in the competitor to your advantage (Cocacola Nigeria vs Limca saga / Elizade vs Briscoe motor saga)


Interesting days ahead

robobo:


what is driving ote$?

merger of ughelli; Afam (Transcorp power) and Geregu power in sight?

bidding war likely to follow? (30-40% probability, while the shareholding structure looks similar to FBNH ( large fragmentation) it is not exactly the same (sizeable large chunk circa 10-20% still with a single person (TOE), which is not same scenario with FBNH).

why did TOE not pick the chunk up to protect his interest (no plausible answer)


Interesting days ahead

The moves may be because of the new power bill that was signed.
I heard Adeleke is also expanding Omotosho’s capacity to double.

Please, does anyone here know what is happening with the Meritrade App? I can't login for more than 2 weeks now.

Is anyone using it successfully?

At the sound of Ote$,

yMcy56:

I thought AMCON was the buyer

OBAGADAFFI:
Femi Otedola

Ok now!!
So we now know the buyer......
We the fans of Ote$$ will now pay more attention and interest in Transcorp........
Hope another big boss will pick more % or Ote$$ will increase the % as time goes on......

** He's currently the 2nd largest owner in Transcorp Plc with 5.52% shares, translating to 2.2Billion units

Time to follow the big money. Those who bought geregu on listing are upto 200%.

Olaide1295:
The moves may be because of the new power bill that was signed.
I heard Adeleke is also expanding Omotosho’s capacity to double.

Also, bidding was ongoing for some of the power plants......
Otedola is adding Geregu 2........
He may be making some strategic moves ahead.......

Interesting times ahead in the power sector really....