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The cheapest stock in an overvalued market may still be overvalued |
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The cycle of transcorp will not be forever & tink it is a good stock expecially if you can have a long term view. Personally I am waiting for it go as low as possible but I will have to pick a good quantity b4 the release of 3rd quater result and hold it at least till their audited is released
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Align yourself with stocks that pay dividend so that if e no vomit, e go shit -ORACLE |
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"The only Real Wisdom is knowing you know Nothing" - Socrates - The Greek philosopher |
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Transcorp Consortium wins bid for the acquisition of Ughelli Power Plant
Transcorp Consortium wins bid for the acquisition of Ughelli Power Plant - Proshare |
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Without a doubt, Transcorp has shown that it has the potential to become a great company/conglomerate, but then there is the Tony Elumelu factor( going by his antecedents at UBA)
With the way the price of the stock is moving northwards in recent times, it is difficult to really say what the true worth of the stock is. The way things are going i see a situation where it may not go below N1 again not to talk of parking at the bus stop, like it did for most of 2011. |
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__________________
The cheapest stock in an overvalued market may still be overvalued |
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Yes, I think this is interest income from bank placement.
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Confidence... thrives only on honesty, on honor, on the sacredness of obligations, on faithful protection and on unselfish performance. Without them, it cannot live." -- Franklin Roosevelt, 32nd U.S. president |
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Align yourself with stocks that pay dividend so that if e no vomit, e go shit -ORACLE |
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Abeg, what driving the volumes am seeing on this one?
Abi TOE don arrange to pay the dividend this year end? |
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Does anyone have details of the proposed Transcorp Share/Capital Reconstruction? Please educate the house.
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Tell me it is not true....
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when an earthworm begins to crawl like a millipede, it's time to run to the king's palace...naked! - horlads A hen that leaves her chicks unguarded should not complain when the predatory hawk comes calling - horlads |
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![]() Why will they be interested in any share reconstruction? Ok let me ask my friends in Heirs Holding if there is any such plan cos na them they manage all TOE investments for which Transcorp is their biggest baby |
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![]() Please do ask your friends in HH...
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when an earthworm begins to crawl like a millipede, it's time to run to the king's palace...naked! - horlads A hen that leaves her chicks unguarded should not complain when the predatory hawk comes calling - horlads |
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It would be difficult to pay dividends due to high negative reserves on the books. Share reconstruction provides a way to accelerate the payment of dividends to shareholders in the near future.
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