emmanuelewumi:




I disagree with you, as a student he can invest with as little as N5000.

I have mentored students who were able to build up a portfolio of over N1 million before they were called up for NYSC.


There are students in Lagos and major cities that are making more money than the average worker.


With the internet we have endless opportunities to making money.

Stan2330:

Can u mentor me?

Stan2330:

Can u mentor me?

emmanuelewumi:




I disagree with you, as a student he can invest with as little as N5000.

I have mentored students who were able to build up a portfolio of over N1 million before they were called up for NYSC.


There are students in Lagos and major cities that are making more money than the average worker.


With the internet we have endless opportunities to making money.

Frangel:


No, it's not buy-out but winding down. GSK Nigeria would no longer exist. I hinted the possibility of WHT on the payment when I saw the details of the transaction they released to NGX.

They had about N8billion retained earnings as at 2022, add the N2b the majority shareholders forgave and part of the profit for 2023. Gave them the ability to pay about N11b to minority shareholders from cash balance of about N26b.

They still have about N930million retained profit left. Add possible profit from sale of assets. That's why I wrote you could get up to 77k more after 54k capital return per share (Share Capital + Share Premium).

essentialone:
COPIED...

"Dear experts in the house, pls I want to know if there's any issues with Transcorp plc .
I bought reasonable amount of shares @ 19.45 last two weeks, only to find out that it has dipped to 12.96. What's happening pls and what's the right thing to do now...."

Locotrader:


Only if the person is of age and a part time worker.some below 25 years are dependants and not capable of raising any money except the one they get from parents.
I may be wrong though sha.....

Out of 24 hours in a day, I spend almost 20 hours doing stock researches and other online things.I wonder if students are advice to engage in such activities , will they achieve success in their education as a career.....

Mankind2024:



If you are a trader, you have accumulated paper loss.
If you are an investor, nothing is lost.
Trading is a sprint, investing is a marathon.
Now, you begin the averaging down marathon.
You have done well by investing in Transcorp.
Transcorp is destined for NGN 1T by 3rd or 4th Q 2024. @N26, we are in NGX SWOOT class.
In the next few days, the N19.00 mark would be Exceeded.
People are using the eyes of yesterday and technical chart of discouragement to price Transcorp.
Wait patiently as Mr Transcorp deliver and reward all patient investors.
You will smile soon, you are already on board the train of PROSPERITY.
The last person I advised in July 2023, bought at average price NG3.45, managed to acquire 2M+ units at total cost of about 7m. He is not regretting anything today.
This government and Tony Elumelu would rise and sink together.
By 2025/26, Transcorp will begin the journey to N2T.
The PE mistake or error that Otedola saw which made him vow to take Transcorp to N2T market cap in few years if he had been allowed to execute the corporate takeover is now known to TE and other investors.
Believe it or not, Tony is taking Transcorp to IT in 2024.
Mind you, there would be volatility throughout the journey, sell off, profit taken, bad news, good news, technical and fundamental flaws, volatile quarters, stick to the N2T objective. You will soon be ahead of people that will struggle to get Transcorp at N30.00.
The code of the game 🎮 👌 is patient 🙏.

Locotrader:


Only if the person is of age and a part time worker.some below 25 years are dependants and not capable of raising any money except the one they get from parents.
I may be wrong though sha.....

Out of 24 hours in a day, I spend almost 20 hours doing stock researches and other online things.I wonder if students are advice to engage in such activities , will they achieve success in their education as a career.....

Ades1:



Na wa oooh! Nigeria don really cast! I had my first full time job at 16 immediately after high school in the same Nigeria. Prior to that I did lots of odd jobs while in high school. Jobs like car wash, to block carrying and several others in the same Nigeria! Now this bros is saying someone at 25 is a dependent hahahahahaha. Nigeria is really finished with this kind of mindset.

Mankind2024:



If you are a trader, you have accumulated paper loss.
If you are an investor, nothing is lost.
Trading is a sprint, investing is a marathon.
Now, you begin the averaging down marathon.
You have done well by investing in Transcorp.
Transcorp is destined for NGN 1T by 3rd or 4th Q 2024. @N26, we are in NGX SWOOT class.
In the next few days, the N19.00 mark would be Exceeded.
People are using the eyes of yesterday and technical chart of discouragement to price Transcorp.
Wait patiently as Mr Transcorp deliver and reward all patient investors.
You will smile soon, you are already on board the train of PROSPERITY.
The last person I advised in July 2023, bought at average price NG3.45, managed to acquire 2M+ units at total cost of about 7m. He is not regretting anything today.
This government and Tony Elumelu would rise and sink together.
By 2025/26, Transcorp will begin the journey to N2T.
The PE mistake or error that Otedola saw which made him vow to take Transcorp to N2T market cap in few years if he had been allowed to execute the corporate takeover is now known to TE and other investors.
Believe it or not, Tony is taking Transcorp to IT in 2024.
Mind you, there would be volatility throughout the journey, sell off, profit taken, bad news, good news, technical and fundamental flaws, volatile quarters, stick to the N2T objective. You will soon be ahead of people that will struggle to get Transcorp at N30.00.
The code of the game 🎮 👌 is patient 🙏.

Streetinvestor2:
They labelled it dividend because that is the only way to legalise the fraud and defend the 10%WHT.Have you seen any company that delisted and has done that.And you feel as nigeria whr anything goes we should not ask questions. It was never a mistake tagging it dividend. It was infact tagged dividend no 48 payment.
Do you realise they have set a new chapter for those planning to delist in future to now follow .This is the reason we must ask questions.Can gsk do this in thr parent country and it will be allowed. How about oando decides to delist and you receive an alert payment with this kind format on the #7 plus price

Frangel:


It is not a buy out. GSK is winding down and sharing their value to shareholders. What you received was from Retained Earnings over the years, distributable as dividends, subject to WHT if not earned during pioneer period.

Nor worry, from the 2023 FS, you will get another 54k (Capital return, no WHT) and 77k or more (subject to WHT).

sky2891:

@Mankind2024
Please what do you have to suggest about those of us in OANDO?

emmanuelewumi:



Abi ooooo.

Even at UNILAG, late Professor Omotola introduced work study programmes.

Whereby interested students could do a maximum of 10 hour work per week in the University library, pharmacy, bookshop, bakery and other part time jobs on campus.

emmanuelewumi:

If your average cost price is less than N2.00 it won't be a bad idea to sell some and diversify nothing is certain in investment and business that is why risk management and diversification are very important.

Those whose average cost price is N1.00 and below can create a system that can pay them their Invested capital for the next 10 to 20 years

Demaxl:
How do i get into stock exchange as a beginner?
I am a student and I want to get into the market

Hedgefunds:



how did you come up with 0.77k ........

0.77k from almost 4B naira real estate and others asset ...na...that robbery

Frangel:


~77k = (Q42023 Retained Earnings balance divided by shares issued)

Where did you get your 4B?

Frangel:


~77k = (Q42023 Retained Earnings balance divided by shares issued)

Where did you get your 4B?

Hedgefunds:


Sale of real estate asset.

Mankind2024:



If you are a trader, you have accumulated paper loss.
If you are an investor, nothing is lost.
Trading is a sprint, investing is a marathon.
Now, you begin the averaging down marathon.
You have done well by investing in Transcorp.
Transcorp is destined for NGN 1T by 3rd or 4th Q 2024. @N26, we are in NGX SWOOT class.
In the next few days, the N19.00 mark would be Exceeded.
People are using the eyes of yesterday and technical chart of discouragement to price Transcorp.
Wait patiently as Mr Transcorp deliver and reward all patient investors.
You will smile soon, you are already on board the train of PROSPERITY.
The last person I advised in July 2023, bought at average price NG3.45, managed to acquire 2M+ units at total cost of about 7m. He is not regretting anything today.
This government and Tony Elumelu would rise and sink together.
By 2025/26, Transcorp will begin the journey to N2T.
The PE mistake or error that Otedola saw which made him vow to take Transcorp to N2T market cap in few years if he had been allowed to execute the corporate takeover is now known to TE and other investors.
Believe it or not, Tony is taking Transcorp to IT in 2024.
Mind you, there would be volatility throughout the journey, sell off, profit taken, bad news, good news, technical and fundamental flaws, volatile quarters, stick to the N2T objective. You will soon be ahead of people that will struggle to get Transcorp at N30.00.
The code of the game 🎮 👌 is patient 🙏.

BullBearMkt:

@Mankind2024, one major advantage about TA which you don't know about is that I can use it for trading and also as an investing tool. I see no reason keeping a stock that I bought at average 2.61 in 2023 and rose to above 18 & not take profit (no be juju be that?). When I saw opportunity in the same stock last trading week, bought it at 13 again!

I will attribute all these negativity about TA to lack of in-depth knowledge about the tool

Mankind2024:

Bra, there is no excuse for the daylight robbery executed by GSK.
Delisting, but continuing business via 3rd party is a technical language.
This simply means, the real estate and other immovable assets belongs to the majority shareholders.
The minority shareholders only got paid out via cash and cash equivalent.
Lawyers and business language always create the scene of "the more you look, the less u see"
A kind of Technical abracadabra. I scanned the internet for relevant information, the cash paid as GLAXOSMITH-DIV_48 from GRDS/GSK SOA 48:WEMA was from cash and retained earnings, this technicality is new.
Just ask, where is the profit from the 3rd party business going to?
GSK DELISTED BUT WOULD NOW CONTINUE MARKETING AND SELLING OF THEIR PRODUCTS VIA A 3RD PARTY VENTURE"
There was a catch here.
We pray Wale would not use same technicality.
Already, the statement is now showing the group vs the parent company, the extent of the group relationship with the parents is not known to SEC talkless of minority self investors.
Overall, there is a remarkable improvement in corporate filling.

Demaxl:
How do i get into stock exchange as a beginner?
I am a student and I want to get into the market

Latty88:
Oba should pay up his debt with Ecobank and rest! The man like trouble pass peace!

KarlTom:
It is NOT a fraud!
All necessary information is available and may I remind you that dividend is literally the distribution of earnings.
Now a PUBLIC company that is folding up will no longer be in business. This simply means that ALL the available funds (cash, sale of assets etc) will be distributed to SHAREHOLDERS (owners of he company).

It's accounting naa. No be fight...

BullBearMkt:

@Mankind2024, one major advantage about TA which you don't know about is that I can use it for trading and also as an investing tool. I see no reason keeping a stock that I bought at average 2.61 in 2023 and rose to above 18 & not take profit (no be juju be that?). When I saw opportunity in the same stock last trading week, bought it at 13 again!

I will attribute all these negativity about TA to lack of in-depth knowledge about the tool

essentialone:
17 MOST PENNY STOCKS, PRESENTLY IN THE NIGERIAN STOCK MARKET

(Which ones among them, have the fundamentals, or sentiments, to rally to above 500% in 2024?)

Associated Bus Company
Daar Communications
Deap Capital Management & Trust
Guinea Insurance
Juli Plc
Mutual Benefits Assurance
Secure Electronic Technology
Omatek Ventures
Prestige Assurance Company
Regency Alliance Insurance
Royal Exchange
RT Briscoe
Sovereign Trust Insurance
Tantalizers Plc
Universal Insurance Company
Veritas Kapital Assurance Plc
Wapic Insurance