BullBearMkt:

investing.com (website)
https://www.investing.com/charts/stocks-charts

Very nifty.

2025 Appropriation Bill: 2025 Will Not Be As Hard As 2024 -Bismarck Rewane

https://www.youtube.com/watch?v=ScWpU6x3IwQ
Channels Television • Dec 2024

Konquest:

Impressive takes on higher TF and TA.
Do you activatively engage in day trading the NIG ASI or is it purely swing trades?

Thanks!
I swing trade; NGX ASI is not liquid enough for day trading.

Konquest:

@Bullbearmkt

Is this a weekly or monthly timeframe chart for Tantalizers you attached here?

Tantalizers chart used is weekly timeframe.

Sunrisepebble:
I’m using my Saturday night to do analysis

So, looking into this, the last 3 years starting from 2021, revenue has grown by at least 60% YoY. Seems they started doing something differently in 2022. Grew by 63% in 2022, 70% in 2023 and this year on annualized basis it’s set to grow by 61%. Based on their facts and figures sheet, their revenue growth for next year seems conservative, growing by 56% based on the 2024 annualized figure. Pa Emma was right, based on these 2024 they should be able to payout a dividend of N5 unless they have some serious capex plans. I arrived at conservative 6.34 EPS for FY 24 and based on the 89% payout ratio from the last two years.
EPS for 2025 is looking like it’ll be N8.50, and using a PAT margin of 20% (average of last three years). EPS comes in at a conservative 7.62 and assuming no change to the payout ratio, a N6.50 dividend. Using your PE this could easily be a stock that’s N100 in the next 12-18 months

I need to understand the core business and revenue drivers further though, what market share is like versus SAHCO, their competitor

Nahco has 60% of the market share. 9 month EPS of N4.71. EPS for July to Sept 2024 is N3.00, assuming that happens in the last quarter of the year we should be looking at a full year EPS of N7.71k.

Or a conservative full year EPS of N6.51k.

BullBearMkt:

Thanks!
I swing trade; NGX ASI is not liquid enough for day trading.

Ah! I didn't realize that you're online. I appreciate your feedback here.

Indeed, the whip saws in any "thin market" can make you "lose your shirt and pants." That can be very enervating. Lol. I would like to test out trades on the NGX ASI soon just to see how things pan out.

BullBearMkt:

Tantalizers chart used is weekly timeframe.

OK, I thought as much. I was a bit confused because I'm NOT used to the kind of chart that you uploaded but since it's from Investing, I'll study it better down the road. Indeed a top down analysis (using multiple timeframes from monthly, weekly, to daily, etc), is the best for finding key reversal patterns and/or support and resistance levels for any investment asset. It works like clockwork.

Thanks again for the insights.👍

Our ogas in the house, please what is the implication of this notice?

Health3:
Our ogas in the house, please what is the implication of this notice?

I just got this mail too...
Mbok what is the implications

Health3:
Our ogas in the house, please what is the implication of this notice?

Also, Does it mean they would delist because the 0.25% premium no make sense. E be like say TOE don carry existing minority shareholders handicap.

lasisi:
Also, Does it mean they would delist because the 0.25% premium no make sense. E be like say TOE don carry existing minority shareholders handicap.

Cowboys and their doings

lasisi:
Also, Does it mean they would delist because the 0.25% premium no make sense. E be like say TOE don carry existing minority shareholders handicap.

But they are only taking 2million shares. I think they only want to comply with the provisions of the law.

Mpeace:
But they are only taking 2million shares. I think they only want to comply with the provisions of the law.

Yes. They are not delisting.

designking:

Yes. They are not delisting.

I hope this ignites a huge bull.

Mpeace:
I hope this ignites a huge bull.

It may

Historically it looks as if Q3 is always their strongest quarter

emmanuelewumi:



Nahco has 60% of the market share. 9 month EPS of N4.71. EPS for July to Sept 2024 is N3.00, assuming that happens in the last quarter of the year we should be looking at a full year EPS of N7.71k.

Or a conservative full year EPS of N6.51k.

Sunrisepebble:
Historically it looks as if Q3 is always their strongest quarter

My source believes that will change this year

Interesting. We wait for it at good entry

emmanuelewumi:



My source believes that will change this year

How so, I’m yet to even understand the disclosure

Mpeace:
I hope this ignites a huge bull.

Thr is nothing special about the announcement from Tony and partners. They are just increasing thr holdings by additional 2M plus units.And if you wish to sell directly to them you tell your broker as cross deal with extra .25% premium to the market price for you shares. It is just another insider deal that is about to happen at little extra premium price. That is the French


Have in mind thr initially units will now amount to 373,369,447 units because of the share reconstruction carried out.
Tony and Co holds above 1/3 of transcorp plc shares .Next yr will be good for transcorp

godlyguy:
TRANSCORP PLC is out of minority shareholders reach. There is now MANDATORY TENDER OFFER (M.O.T) by HEIRS HOLDINGS

Which way Mister Tony Elumelu?

THE BIG SMART GUY

Hi, Godlyguy, long time. I hope you will benefit maximally, through your large holding, in this ongoing Wale corporate action.
We're enjoying Oando o !
Wale is winning !

zendi:

Hi, Godlyguy, long time. I hope you will benefit maximally, through your large holding, in this ongoing Wale corporate action.
We're enjoying Oando o !
Wale is winning !

You sabi look for trouble

My guy how crypto business. It looks it has stopped going north again

Health3:
Our ogas in the house, please what is the implication of this notice?

Summary of Key Points from the Tender Offer Document

Mandatory Tender Offer (MTO) Overview
- Offeror: HH Capital Limited.
- Target: Acquisition of up to 2,032,399 ordinary shares in Transnational Corporation Plc (Transcorp), representing 0.02% of its issued share capital.
- Purpose: Comply with regulatory requirements after HH Capital's ownership in Transcorp exceeded 30%.
- Offer Period:
Opens: December 23, 2024.
Closes: January 10, 2025.
- Consideration: Cash payment at a 0.25% premium on the opening price of Transcorp shares on the offer opening date.
- Shareholding Post-MTO:
If fully subscribed, HH Capital and its related parties will hold 35.96% of Transcorp.

Eligibility and Acceptance
- Who Can Accept: All qualifying shareholders of Transcorp as of December 12, 2024, excluding HH Capital and its related parties.
- Conditions for Acceptance:
Shares must be free from encumbrances.
No ongoing litigation or investigations against the tendered shares.
- Withdrawal Rights: Shareholders can withdraw their acceptance before 5 PM on January 2, 2025.
- Settlement: Payments will be made via electronic transfer within five business days after the closing date.

Taxation Implications
1. Gains from the sale are subject to Capital Gains Tax (CGT) in Nigeria.
2. No Stamp Duty is applicable due to exemptions for share transfers.

Oversubscription and Undersubscription
- Oversubscription: Shares will be acquired on a pro-rata basis.
- Undersubscription: Only shares tendered will be acquired.

Regulatory Compliance
- The offer complies with the Investments and Securities Act (ISA) and SEC regulations.


Possible Actions for Shareholders
1. Accept the Offer:

- If you find the offer price fair and do not foresee better prospects for Transcorp under HH Capital’s ownership.
- To liquidate shares for immediate cash.

2. Refuse the Offer:

- If you believe Transcorp’s valuation will increase under HH Capital’s management or the offer price undervalues your shares.
- To retain a stake in Transcorp and benefit from future growth.

3.Seek Professional Advice:

If unsure, consult a financial advisor, stockbroker, or tax consultant to understand the financial and tax implications based on your circumstances.

4. Monitor HH Capital’s Future Plans:

Keep an eye on post-MTO developments, especially regarding share price movements, corporate governance, and any potential delisting attempts.

5.Participate Partially:

Tender a portion of your shares while retaining some to balance immediate liquidity and future growth potential.

Mpeace:
But they are only taking 2million shares. I think they only want to comply with the provisions of the law.

This is the summary. By regulation, they are required to do the offer.

Streetinvestor2:
You sabi look for trouble

My guy how crypto business. It looks it has stopped going north again

Mpeace:
But they are only taking 2million shares. I think they only want to comply with the provisions of the law.

Please expantiate.

I don't get how purchasing more shares through MTO is tied to SEC rule?

stockbull:
Nigerian stock exchange market alert,
Daily market report,capitalization,index,cscs,today report.
If you are investor in the Nigeria stock exchange market and you are active investor , follow this thread as I will be posting stocks that would make significant gains and the time limit based on my perspective.
You want to alert your friends,share and bookmark this topic,copy the link below

http://rs.gs/VU8

please read my disclaimer that's effective on any stock pick recommendation you get here
DISCLAIMER
YOU SHOULD CONSULT YOUR TRUSTED INVESTING COUNSELLOR OR YOUR BROKER BEFORE YOU INVEST IN MY RECOMMENDED STOCKS AS YOU KNOW STOCKS RESPOND TO NEWS AND NO ONE CAN PREDICT WHAT WILL HAPPEN TO ANY STOCK IN THE NEXT DAY AND THE FUTURE DECISION OF ANY COMPANY 'S MANAGEMENT

One of the best decisions i took this year was taking my financial education serious. I committed to learning a thing or two about investing in the Nigerian Stock exchange and i know for certain that there are other people out there interested in learning too.

I found a gamified platform that lets you test your skills in real time as you learn. i attached the link

https://fantasyleague.coronation.ng/?referring=gf

This write-up was written in bad faith.
So because I demanded that Wale should not waste the company's money on frivolous things, then I'm myopic, ungrateful and mischievous (are you serious?).
Hope no be this kin brain you dey use cross road sha.

You can't use these words on the shareholders for demanding accountability, responsibility, prudence in spending and good corporate governance. It's within our rights to do so. That you are okay taking peanuts from people because you see them as mini gods, well we don't. I am a shareholder and an investor, my money is involved, so I have the right to ask.

Thanks

ghm:


Na wa o. It is well.
How can human being be satisfied?

Those who are complaining about the party or OandO not paying dividends are myopic, ungrateful or just mischeivous. We had a company that is almost done and dead and the management, through their doggedness turned things around and the company, though not totally free but has a path already set for a great future and some of us are still complaining.

The first time I bought OandO was N4. I have already written the company off as bad investment but just decided to keep it since the money is not that sizeable or enticing only to wake up one day and saw 8 digits, only from OandO. from N4 to N89 then. Dividends could not have done that. Capital appreciation did it smoothly. I can have my own party by selling a few shares from my stake in OandO if I need a party badly.

As somone said, the end of the year party is not for shareholders, it is for the staff who have worked tirelessly to turn things around and the management did very well to recognise them by throwing a big party to celebrate the gigantic achievement and motivate them for future exploits.

Lastly,for my fellow shareholders, Capital Appreciation is much better than dividends payments, that is why some great US companies e.g. Google, Amazon, Nividia, Apple, Facebook, Microsoft etc are called growth stocks, they deliver capital appreciation and not just dividends even though some of them still pay but not at the expense of growth that will create capital apprecaition for their shareholders..

The units TOE wants to acquire is very little. Less than 2.5million units.

Why not buy it from the floor of the house instead of going through the MTO route?

I think, by the regulation, doing the MTO officially confirms Heirs Holdings' control of Transcorp.

essentialone1:
The units TOE wants to acquire is very little. Less than 2.5million units.

Why not buy it from the floor of the house instead of going through the MTO route?

Is it possible to have shares with the Registrar, but those shares are not displayed by your Stockbroker on your Portfolio? What could be the cause? What could be the solution?

A Big Warning Signal Has Triggered for Stock Markets (not seen for 5 years)

https://www.youtube.com/watch?v=GBk8F1_5Jm4
Alessio Rastani • Dec 2024