NewStats: 3,265,115 , 8,185,712 topics. Date: Friday, 13 June 2025 at 02:13 PM 3v6e64

I was able to buy tashere T-Power today at 290. We must make this money this year. Amen fire!!!. Also bought more sugar and salt at bargain today

Nah to just stick with the little Afolabi shares I get for TRANSCORP. No need to rush as long as the parent coy no dey reduce her holdings in the POWER arm.

A word of advice to newbies on this forum is to go back to the very first page of this forum and follow through. 50% of your questions can be answered by just doing due diligence to go through past comments.

Even till this day I still backtrack to refresh myself on some OG bants 🤣

What you have in this forum is a gold mine that rewards the PATIENT.

Coolcash1:


No sir. It is still expensive.

Me and my household won't touch it until its below N90

For this jungle weh we dey na to average down. MTN just getting cheaper till fundamentals says otherwise.

Nah GAMBU play I dey do 🤣🤣

MTN may still have another FX loss in Q1 result, the FY used 900/$, and now $ is above N1,500.

delvzy:


For this jungle weh we dey na to average down. MTN just getting cheaper till fundamentals says otherwise.

Nah GAMBU play I dey do 🤣🤣

Boshins:
https://nairametrics.com/2024/03/05/these-are-the-shareholders-of-newly-listed-transcorp-power-plc/ the breakdown...

The maths in this article is wrong.TPl has Os of 40 billion. How does 3.9 billion translate to 500 plus unit


It should be round 97 TPP units tnoo 1000 Transcorp plc

phadriz:
MTN may still have another FX loss in Q1 result, the FY used 900/$,and now $ is above N1,500.

This !!!! is what most persons buying now don't know. The price will tank further when Q1 reports show. Q1 reporting exchange rate can't be less than 1$/1300 (i.e. another N400 FX drawdown).

The CFO even mentioned during his interview, that Telcos can't easily push down those costs to consumers in the manner they want; because of NCC regulations on pricing.

Why buy now, when you can buy it cheaper. Be ready to average down if you've already bought.

Emndy:


This !!!! is what most persons buying now don't know. The price will tank further when Q1 reports show. Q1 reporting exchange rate can't be less than 1$/1300 (i.e. another N400 FX drawdown).

The CFO even mentioned during his interview, that Telcos can't easily push down those costs to consumers in the manner they want; because of NCC regulations on pricing.
Would this happen to dansugar and nascon too?
Why buy now, when you can buy it cheaper. Be ready to average down if you've already bought.

I intend buying it, but the moment the CFO mentioned that, it is a caution for me. He even said govt need to safe the FX as the main solution because MTN is efficient in their operations.

Emndy:


This !!!! is what most persons buying now don't know. The price will tank further when Q1 reports show. Q1 reporting exchange rate can't be less than 1$/1300 (i.e. another N400 FX drawdown).

The CFO even mentioned during his interview, that Telcos can't easily push down those costs to consumers in the manner they want; because of NCC regulations on pricing.

Why buy now, when you can buy it cheaper. Be ready to average down if you've already bought.

phadriz:
I intend buying it, but the moment the CFO mentioned that, it is a caution for me. He even said govt need to safe the FX as the main solution because MTN is efficient in their operations.

the problem is not buying.. but the problem is.. will they recover?

Ginalex:
I was able to buy tashere T-Power today at 290. We must make this money this year. Amen fire!!!. Also bought more sugar and salt at bargain today

Hi
Please which app do you use to buy Nigerian stocks?

Deadlytruth:


Hmmmm. Then we can as well call it Champion Power. Wahala dey berekete for this NGX

But on a more serious note, I too am still hunting for more of that champion and will hold until second quarter at which they said the buy over will be completed.

Second quarter is still far,let see how Oando goes,wale tinubu must settle us. my father bought the share and told me that he believe so much in wale and handed the share to me and promise me that I will sell it above #50

jadyclem:


Hi
Please which app do you use to buy Nigerian stocks?

CardinalStone securities. I use their app for my NGX trades

Streetinvestor2:
The maths in this article is wrong.TPl has Os of 40 billion. How does 3.9 billion translate to 500 plus unit


It should be round 97 TPP units tnoo 1000 Transcorp plc

187 Units of Tpower to 1000 units of transcorp

phadriz:
I intend buying it, but the moment the CFO mentioned that, it is a caution for me. He even said govt need to safe the FX as the main solution because MTN is efficient in their operations.

According to the CFO interview, high FX rate was not what culminated into MTN 2023 loss. Rather, it was instability in exchange rate which means the company financial plan was distorted because the naira devaluation happened in the middle of the year 2023.

He said if the FX rate is fixed eventhough high, the company can do its plan with it and make profit.

I believe MTN will factor in FX volatility in their 2024 business plan and cash flow because of its awareness. The policy came mid 2023 and distrupted many business plans

So MTN might most likely have a positive Q1 result cos its business plan would have factored in FX volatility and every business plans to profit.

A few metrics that stood out to me about the Afriprud result:

-Very marginal decrease in gross earnings, (greater chunk contributed by non-operating income as in the previous year)
-Free cash flow per share: N2.09k (represents a marginal increase)
-EPS: 48k from 75k
-Cash reserve per share: N2.63k from N0.425k
-An increase in foreign portfolios by 3-fold both in investment size and portfolio counts.

Paying 45k seems very affordable and responsible of the management.
It is good to see a not-so-damaging direct effect of forex. The company has also mastered how to grow its non-operating income.
This is me just trying to see the positives in the midst of reds and negative summaries.

The range of 160-180 is where I will be looking to average down if I have any interest in MTN’s recovery.

On the Macro side, we wait for Q1 results at least before committing reasonable Afolabi units.

P.S.; NOT FINANCIAL ADVICE. Do your Research!

mails4funshi:


With this shareholding structure, should TRANSCORP be worth less than 50% of TRANSPOWER?

This assumes TransAfamPower does not exist and neither does the other subsidiaries of Transcorp.

In 2021 Transpower delivered half of the power contributions to Transcorp PLC profit before tax. The other half must have come from TransAfamPower.

Transcorp Plc has hidden values .

Not a buy advice. Do your DD.

Emeka1441:
the problem is not buying.. but the problem is.. will they recover?

They will from Q2

I just siddon here dey drink my garri Ijebu. Una go meet me for carpark after una don finish dealing one another blow😂

I need your garri plug.
E be like the garri no dey ever finish...

Agbalowomeri:
I just siddon here dey drink my garri Ijebu. Una go meet me for carpark after una don finish dealing one another blow😂

Does Morgan capital have a trading app on phone ? Preferable iPhone , I tried ing it yesterday , couldn’t find any

Agbalowomeri:
I just siddon here dey drink my garri Ijebu. Una go meet me for carpark after una don finish dealing one another blow😂

You are badt guy why not allow us enjoy the dead cat bounce in peace

Mpeace:
187 Units of Tpower to 1000 units of transcorp

How did you arrive at that.it is about 3.8 billion to transcorp and not all

Bimmms:
Does Morgan capital have a trading app on phone ? Preferable iPhone , I tried ing it yesterday , couldn’t find any

This is for newbies and those who want to learn stock trading

https://us02web.zoom.us/webinar//WN_ra2JBoApR5Woki9IKOpIAw

Ding!

Streetinvestor2:
How did you arrive at that.it is about 3.8 billion to transcorp and not all

Sorry my error. I used the entire transpower share. It should be around 94 or there about. Thanks for noticing.

TRANSCORP...that single bid of 66m units ,money is talking..

Princkez:
TRANSCORP...that single bid of 66m units ,money is talking..

Lol. That one na road block. Anybody wey dey under/after that bid can only pray or comeback tomorrow

Salt still dey fall lol. Some people go sell and comeback to buy high.

Only the patient and the brave...

Mpeace:
Salt still dey fall lol. Some people go sell and comeback to buy high.

Mpeace:
Salt still dey fall lol. Some people go sell and comeback to buy high.

The qualification date for salt simply means that there won't be any merger before May, why tie down your capital when you can sell now and come back in May?

Zegra:


The qualification date for salt simply means that there won't be any merger before May, why tie down your capital when you can sell now and come back in May?

This fall is presenting very good opportunity