sellydion:
If nah Transcorp I still hold my pot. Meeting for 3rd Dec- interim dividend among other things

Not so much elated, but things can get seriously frantical. N105B no be joke.

Interim dividend?This must be joke.
Pray that the emergency meeting you are talking about is not about shares reconstructions.

Infact because of this emergency meeting which I never heard about.........I am selling off Transcorp.

locodemy:


Interim dividend?This must be joke.
Pray that the emergency meeting you are talking about is not about shares reconstructions.

Infact because of this emergency meeting which I never heard about.........I am selling off Transcorp.

@Loco I am alway skeptica of some of your fears.

Share construction naa wahooo.

EKUU MKT O

locodemy:
Interim dividend?This must be joke.
Pray that the emergency meeting you are talking about is not about shares reconstructions. Infact because of this emergency meeting which I never heard about.........I am selling off Transcorp.

Interim dividend? I'm surprised too. Arent we in 3rd quarter and they already released their Q3 report, so where is interim coming from?

sellydion:

Emergency Board meeting- Transcorp

Please, Any link to this information?

Mcy56:

Interim dividend? I'm surprised too. Arent we in 3rd quarter and they already released their Q3 report, so where is interim coming from?

Maybe they are disposing their Ughelli Power Plant and offering to pay shareholders special interim dividend of 2 kobo.

#Heels.

Well the info is from a respected whatsapp group, hope is not true?

sky2891:

Please, Any link to this information?

http://www.nse.com.ng/Financial_NewsDocs/28193_TRANSCORP_HOTELS_PLC_CORPORATE_ACTIONS_NOVEMBER_2019.pdf

I hope some guys are not getting caught in misinformation.

sellydion:
Well the info is from a respected whatsapp group, hope is not true?

Unaudited figures that auditors will still put hammer upon

sellydion:


My friend , The financials are out nah, check it. better than before.

mendes911:
Maybe they are disposing their Ughelli Power Plant and offering to pay shareholders special interim dividend of 2 kobo. #Heels.

You dey find trouble bah?

The thought is rational - this is NSE

Mcy56:

You dey find trouble bah?

sellydion:
The thought is rational - this is NSE

If you hear any insider info dont hesitate to let us know please.

locodemy:
Infact because of this emergency meeting which I never heard about.........I am selling off Transcorp.

Loco, I'll advice you see what is pursuing you first before you flee. Let it not come and be like that tritritri's haste in Dangflour.
If at all you want to run, do it 50/50. That's my opinion.

Blood and sand

rebekah2011:
My Oga you need to get Gtbank in your portfolio. The potential of it to get to N50 or more should not be ignored. It is a destination for any serious investor. I do not also have it because I have always struggled between it and Zenith Bank.

What was the last the you see GTB @ 50?

Too much optimism isn't good

We would get there, even if it takes 4 years. Anything along the way is part of learning.

OBAGADAFFI:



What was the last the you see GTB @ 50?

Too much optimism isn't good

We will keep chopping dividend niyen

OBAGADAFFI:



What was the last the you see GTB @ 50?

Too much optimism isn't good

sellydion:
We would get there, even if it takes 4 years. Anything along the way is part of learning.

@50 the dividend yield wont be favorable.

the more reason why you will sell and possibly keep the money in Treasury Bills for it to come down again to another entry point. Some years back Zenith Bank came as low as N10 and Gtbank N15. Since that time they have both returned fantastic dividends and if one is still holding you may have no reason to sell. But I am one person that cannot ignore profit at 200 or 300%. Since that period, zenith got to N34 and Gtbank got to N57. Oga Bigjay is a model to watch. Identify a stock that has the potential to do 100 to 200% in a year or 2 years. If it does not go according to plans, you will just be chopping dividends go. Zenith and Gtbank if things continue the way it is will at least pay dividend not less than N2.5 every year for the next 10 years. That is N25

OBAGADAFFI:


@50 the dividend yield wont be favorable.

Zenith has sold over 1 billion shares from October 2nd till date and the volume is still coming, who are those offloading and who are those buying?

Stanbic Nominees holds billions of shares in zenith and Gtbank in proxy for individuals and corporate investors. The sell and buy may just be these people. Zenith is a buy for me. the results are better and there is a higher chance of a better dividend every year.

longlife20:
Zenith has sold over 1 billion shares from October 2nd till date and the volume is still coming, who are those offloading and who are those buying?

longlife20:
Zenith has sold over 1 billion shares from October 2nd till date and the volume is still coming, who are those offloading and who are those buying?

Pessimists are offloading and optimist are buying.

rebekah2011:
Stanbic Nominees holds billions of shares in zenith and Gtbank in proxy for individuals and corporate investors. The sell and buy may just be these people. Zenith is a buy for me. the results are better and there is a higher chance of a better dividend every year.

As much as I loved GTB more than Zenith in their public offer years of N5 and N10 (same with Zenith then), I didnt think twice when I had enough funds to accumulate Zenith at an average of N16 instead of GTB at N28ish.
I have been enjoying the steady handsome dividends twice every year since then.
#PensionStock

MTN Nigeria Chairman Ernest Ndukwe Quits Access Bank
https://businesspost.ng/jobs/mtn-nigeria-chairman-ernest-ndukwe-quits-access-bank/

Nigerian Stock Market Closes 0.10% Lower Tuesday
https://businesspost.ng/economy/nigerian-stock-market-closes-0-10-lower-tuesday/

Imo State Raises IGR to N800m from N258m
**As Gov. Explains Reasons for Joining OGP
https://businesspost.ng/economy/imo-state-raises-igr-to-n800m-from-n258m/

Jaiz Bank Rolls Out Expansion Initiatives, to Deepen Financial Inclusion
https://businesspost.ng/banking/jaiz-bank-rolls-out-expansion-initiatives-to-deepen-financial-inclusion/

FCMB and Fidelity go up together go down together.

Two jolly friends

locodemy:


Interim dividend?This must be joke.
Pray that the emergency meeting you are talking about is not about shares reconstructions.

Infact because of this emergency meeting which I never heard about.........I am selling off Transcorp.

Are you serious?

sellydion:
If nah Transcorp I still hold my pot. Meeting for 3rd Dec- interim dividend among other things

Not so much elated, but things can get seriously frantical. N105B no be joke.

For this life bah , na once person dey die !.. I am waiting for this meeting

OBAGADAFFI:


Pessimists are offloading and optimist are buying.

Mind you, those offloading are not fools, it depend only on which size of the divide you are. I personally do not think there is going to be a general market bull this year. Infact, we may still witness further lows in the market, except there are some peculiar cases such as irregular boom in oil prices etc.

In fact, some may be selling with the mind of buying back at prices far lower than the current market price. This has been my view since June this year.

OBAGADAFFI:
FCMB and Fidelity go up together go down together.

Two jolly friends

As in ! That is why I only buy 1 among the 2..

kolaish:
Mind you, those offloading are not fools, it depend only on which size of the divide you are. I personally do not think there is going to be a general market bull this year. Infact, we may still witness further lows in the market, except there are some peculiar cases such as irregular boom in oil prices etc.

In fact, some may be selling with the mind of buying back at prices far lower than the current market price. This has been my view since June this year.

We are in a sideways market.

My FX guru will say avoid sideways trading.

TraDeRR:
[/b]

Are you serious?

Yes,I sold half of my holding few months ago and today,the remaining units is offered for people to buy and enjoy.I better concentrate on the banking sector for now.

I just pray,there will be good news for Transcorp holders now and in future because what I'm sighting is not healthy enough.Never to touch a volatile stock again especially those with huge Os/dwindling profits.

rebekah2011:
http://www.nse.com.ng/Financial_NewsDocs/28193_TRANSCORP_HOTELS_PLC_CORPORATE_ACTIONS_NOVEMBER_2019.pdf

I hope some guys are not getting caught in misinformation.

Lol Loco it’s transcorp hotel not transcop “power “