TRANSCORP - Transnational Corp. of Nigeria
Transnational Corporation of Nigeria Plc, incorporated in November 2004, is a Nigerian group of diverse companies whose core business interest is investment in, and operation of, portfolio companies in the hospitality, power, agriculture and energy sectors. Following a successful initial public offer, Transcorp Nigeria was listed on the NSE in December 2006, gaining a shareholder base of about 300,000 investors, the largest of which is Heirs Holdings Limited, a pan-African proprietary investment company. With subsidiaries and affiliates providing goods and services in several sectors, Transcorp seeks to drive the nation’s economy in a positive direction by investing in catalytic sectors capable of improving lives and transforming the country.
Transcorp Nigeria has a large investment portfolio of which the most notable businesses are the award-winning Transcorp Hilton Hotel, Abuja; Transcorp Hotels, Calabar; Teragro Commodities Ltd, operator of Teragro Benfruit Plant; Transcorp Power Ltd which acquired Ughelli Power Plc, owner of the 972MW Ughelli Power Plant; and Transcorp Energy Ltd, operator of OPL 281. In January 2013, Transcorp and General Electric signed an agreement to collaborate to address the infrastructural needs of Nigeria, with emphasis on the power and transportation sectors.
|Last Trading Results||Growth & Valuation|
|Opening Price:||0.65||Earnings Per Share:||--|
|Day's Low Price:||0.60||Price/Earning Ratio:||--|
|Day's High Price:||0.64||Dividend Per Share:||--|
|Traded Volume:||1,469,403||Dividend Yield:||--|
|Number of Deals:||30||Shares Outstanding:||40.65b|
TRANSCORP Stock Market Performance
The stock of Transnational Corp. of Nigeria (TRANSCORP) is currently trading at 0.63 NGN per share on the Nigerian Stock Exchange. TRANSCORP began the year with a share price of 0.99 NGN but has since lost 36.36% off that price valuation, ranking it 147th on the NSE in terms of year-to-date performance. Shareholders' worries are further compounded by the fact that TRANSCORP has lost 25.88% of the stock's value from March 6 to date. The table below details the last 10 trading days of activity of Transnational Corp. of Nigeria on the Nigerian Stock Exchange.
Profile of Transnational Corporation of Nigeria Plc
Transnational Corporation of Nigeria Plc operates in the Industrials sector, specifically, the Diversified Industrials industry. The company is led by Valentine Chineto Ozigbo (49) as its President/Chief Executive Officer, since 2019. The company's board of directors, chaired by Tony Onyemaechi Elumelu (57), is composed of seven members whose names are listed below.
- Elumelu, Tony Onyemaechi
- Ozigbo, Valentine Chineto
President/Chief Executive Officer
- Ezeafulukwe, Christopher
- Nnorom, Emmanuel Nwabuikwu
- Lawson, Stanley Inye (Dr.)
- Sanni, Oluwatoyin F. (Mrs.)
- Ibekwe, Obi
|Factsheet of Transnational Corporation of Nigeria Plc|
38 Glover Road (Formerly 22B), Ikoyi, Lagos, Nigeria
TRANSCORP Industrial Market Competitors
Transnational Corporation of Nigeria Plc, issuers of the TRANSCORP stock on the Nigerian Stock Exchange, have a number of market competitors who are also engaged in the Industrials sector and/or the Diversified Industrials industry. The table below gives you an overview of the market standing of the top 10 by year-to-date performance.
|Code||Name||Mkt. Cap.||L. Price||YearTD|
|BETAGLAS||Beta Glass Company||35.00b||70.00||+30.1%|
|JBERGER||Julius Berger Nigeria Plc||29.11b||22.05||+10.8%|
|NOTORE||Notore Chemical Industries Plc||100.75b||62.50||+0.00%|
|PORTPAINT||Portland Paints & Products||1.77b||2.23||+0.00%|
|JOHNHOLT||John Holt Plc||217.92m||0.56||+0.00%|