Michael11stock:
Access should be at least 10 once merge together with Diamond due diligence not a buy or sell recommendation

I strongly agree with you. It would be a very powerful and highly profitable bank post merger.

mendes911:

Access Bank is paying for the sins of Diamond Bank.

[s]This is how Jesus paid and died for our sins. [/s]

NSE, I hail thee.

...it simply shareholders' perspective that huge money is been used to purchase an asset, which is a temporarily negative sentiment. Happens in stock markets all around the world.

Jejebabaa:
Ok sir, is it based on TA, FA, GA or SA?

Na SA. lol.
....but surprisingly some gained today.

What are the charts saying about Union Bank Please...

Cc @BullBearMkt
@FXUser

https://www.minterest.com/best-warren-buffett-quotes-on-investing/

Warren Buffet stocks quote

We are making money this year

Bonanza will last this month and next month

Let us reflect on the above

Kilode @Chibuking81?

tritritri:


Wat price u think access is worth buyin ? and wat price u think the the right issue might be advice needed pls.

cc : onegentleguy , mendes911 , Agbalowomeri , BBM .

Bros, I doubt anybody knows the answer at the moment. Just mere speculation. One thing I know for certain is that Access Bank will be pumping the stock whenever they are ready. The fear now is how much further it will fall further should one take position at the moment.

Though am no longer an investor but I will be investing a substantial amount I can afford to leave for a year should it drop below ₦5. Same thing I would do if I see WAPCO below ₦8.

Also, when those FPI and their foreign currencies starts coming back (probably after elections), this stock will get enough attention.

TLAX:
Kilode @Chibuking81?

As we are picking bonanza offer let us reflect on the above investment quote, one love.
We are all brother and sister in the Lord

Chibuking81:
Let us reflect on the above

Dem go soon ban u

Agbalowomeri:


Dem go soon ban u

I just read nairaland rules, but I didn't see any rule I broke. And I never intended to break any. Maybe I will enter ghost mode again to avoid the ban.

Chibuking81:

I just read nairaland rules, but I didn't see any rule I broke. And I never intended to break any. Maybe I will enter ghost mode again to avoid the ban.

Ask yok which rule he violated

Mpeace:
I strongly agree with you. It would be a very powerful and highly profitable bank post merger.

That depends on the outcome of the Right-Issue.

Remember Access isn't good at paying Dividend.

L

OBAGADAFFI:


That depends on the outcome of the Right-Issue.

Remember Access isn't good at paying Dividend.

L

I am rather looking at H1 2019 result. As for dividends, I think they will always pay as much as UBA. But in terms of strenght, they can be as strong as a healthy FBNH.

Jejebabaa:


Based on the deal and provided all things being equal, its best to buy Diamond.
7000 units of Diamond that cost 14,000 naira will give me 2000 units of Access + additional 7000 naira which will total 15,000 naira. A gain of extra 1,000 naira. After the deal, it will be a different story on what the market priced Access to be.

The only reason to buy access at 4 naira is if the deal is reversed.

i think its a win win situation for those who can play fast. post merger access should naturally go up with a bigger balance sheet

Chibuking81:

What if the deal fail?

but kalambania did not fail so why must it

mendes911:


Bros, I doubt anybody knows the answer at the moment. Just mere speculation. One thing I know for certain is that Access Bank will be pumping the stock whenever they are ready. The fear now is how much further it will fall further should one take position at the moment.

Though am no longer an investor but I will be investing a substantial amount I can afford to leave for a year should it drop below ₦5. Same thing I would do if I see WAPCO below ₦8.

Also, when those FPI and their foreign currencies starts coming back (probably after elections), this stock will get enough attention.

Exactly y i asked d question..Thanks for ur explanation

arduino:

I dey sure say Yayira dey wait for Access bank @N2.00 with her Diamond Bank loot.
Talking about chopping from both ends of a deal....

I doubt it will get to 2 tho.

Before you transfer money to your trading account,prices are going down but immediately you are credited and about to buy the price goes up until you buy and after that it goes down again..............I always wonder if there is any one always targeting your fund as soon as it hit your stock account?

tritritri:
Before you transfer money to your trading account,prices are going down but immediately you are credited and about to buy the price goes up until you buy and after that it goes down again..............I always wonder if there is any one always targeting your fund as soon as it hit your stock account?

lol, you cracked me up with this...

anjilgreat:


Madam good morning. This job is not available Lol!. Hope you got my mail?

Thanks for the other day.

Thank you too for the other day.. for your kind words.

Mpeace:
I am very sure they want to buy up the rights at low price. Contrary to popular opinion, I thing Access bank would fly high after the merger, despite the dilution that might occur.
From the conference calls it is clear they would be buying a very clean Diamond bank since all the NPLs would be written off before the merger is concluded. $Debts would also be cleared.
This is unlike the Skye scenario where a sick Skye sort to buy a dead entity.
Just My Opinion

Flesh and blood did not reveal this to you.. make we allow them do their thing

@ BBM and fxuser,

What is the chat saying about JB

onegentleguy:


...Replied.

Thks

TLAX:
What are the charts saying about Union Bank Please...

Cc @BullBearMkt
@FXUser

-Union Bank is waxing strong & creating new highs (yet to see today's data)
-Daily & Weekly are bullish
-Long term support is still @ 4.96

pluto09:

@ BBM and fxuser,

What is the chat saying about JB

-Daily is bullish while weekly is also inviting bulls
-Only election brouhaha can reverse the stock if it overcomes the resistance at around 30
-20 seems the level where smart money bags purchased most of their shares

BullBearMkt:

-Union Bank is waxing strong & creating new highs (yet to see today's data)
-Daily & Weekly are bullish
-Long term support is still @ 4.96

Thanks man!

tritritri:
Before you transfer money to your trading account,prices are going down but immediately you are credited and about to buy the price goes up until you buy and after that it goes down again..............I always wonder if there is any one always targeting your fund as soon as it hit your stock account?

True, but whatever you do, never leave too much money in you broker account. That's how I lost money in one brokerage firm. I think Equinox or so. They folded up with my money.

Atukulate

Jejebabaa:


Ok sir, is it based on TA, FA, GA or SA?

You forgot access now acquired more money more branch and more capacity

tritritri:



10 With the OS ? dat means uba and fbnh will be how much?