‘Infinite Universe”‘is an emerging scientific term that has been used to describe the limitlessness of space and what has also been found to be its continuous expansion.
As the size, shape, form, and limits have continued to confound scientists even with the increased sophistication of telescopic technology, so has the investments universe been awed by the unlimited capacity of maverick Nigerian serial entrepreneur, Tony Elumelu to cook auriferous business broths with the ease of turning a light switch.
Naysayers might argue that it is still early days in the journey of the company in the capital market but the speed with which Transcorp Power has been zooming through the trading tables doesn’t suggest there’s going to be any lull soon. In fact, Financial analysts have already begun forecasting a N1,000-plus destination of Transcorp Power’s share price over the next year and those who hold this view have very good reasons.
And Elumelu has always been a marvel. In 2001 or 2002, I remember writing a cover story titled, “Number One or Nothing” for the now-rested Policy magazine. As a young journalist, I had observed the unconventional approach that Elumelu deployed as the CEO of the then Standard Trust Bank, and a few years down the road, he made it to the top of the Nigerian banking food chain.
Elumelu is ruthlessly efficient and makes sure that businesses that have his imprimatur are run with zero tolerance for waste and redundancy. For him, every factor of production, land, labour, and capital must count in the interest of the factors themselves and for the shareholders as well. This is a garden replete with flowers effusing alluring nectar. Investors will predictably continue to flock around the stocks. It has long-term prospects, and more importantly, it was made by Tony Elumelu.Before flagging, please keep in mind that Disqus does not moderate communities. Your username will be shown to the moderator, so you should only flag this comment for one of the reasons listed above.
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