deepsuk:
Most useless stocks always in focus on dis forum
Always looking to trap new investors and make them a shell holder

onegentleguy:


Trading on the shares of DIAMOND bank was today placed on full suspension following from the approval of its merger with ACCESS.
I recall I stated it here that the approval of the court ordered meeting will likely double as the QUALIFICATION DATE for those who wish to play ACCESS via the DIAMOND route.

Between, most of the analysis we opined here in the past is now gradually playing out.
^{(Mr ACCESS now getting some attention)}

It is well !!

Verapax2001:
God will restore all you lost. Please join us in prayer.https://www.myjesusandi.com/2019/03/20/god-will-restore-everything-you-lost-9-days-prayer-day-6/

Mcy56:

Deeps baby, abeg come recommend stock we the yung investors, I dey fear all these people and their recommendations, I no wan become shell holder abeg.

Mcy56:
One needs to be sure of Access direction first before jumping into it, for those whos yet to be in the bus. My opinion anyway.

onegentleguy:

Mcy56:

You for don arrest Loco na. So also Mpeace, his offence don dey plenty for this Access/diemond matter.

Mpeace:
I love what am seeing. Fcmb, fidelity all going higher. Thats more like it.

Mpeace:
You say what? Is there something we are not seeing?

Tolktob:


The rally will be short lived until they release result

Mcy56:

No be 'girl' she talk say she be? Who I be to say he dey lie?

Mpeace:
Deepsuk never see anything yet. When we finish with access and Diamond, na wapco we go start. Him go arrest till him tire.

Mpeace:
Bobrisky na girl? I just dey hmmm...

Mcy56:

I guess she's not a man anyway, I mean deepsuk.

Yayira:
So what was pursuing people in Fcmb last week Friday and on Monday
Lol funny market

PharmAlfred:


It is humans irrational behaviour. Sometimes, I just wonder why people are running from the market only to come back days after.

Onuokwu:


It may not be same people. Those who believe could be upping their stake.

onegentleguy:


Trading on the shares of DIAMOND bank was today placed on full suspension following from the approval of its merger with ACCESS.
I recall I stated it here that the approval of the court ordered meeting will likely double as the QUALIFICATION DATE for those who wish to play ACCESS via the DIAMOND route.

Between, most of the analysis we opined here in the past is now gradually playing out.
^{(Mr ACCESS now getting some attention)}

It is well !!

onegentleguy:


Mr ACCESS now on full bid @ N6.50.
Those who know and understand must have 'played their cards well.'

cheers.

rebekah2011:
They will first of all pump it. Those that sold to buy into Diamond at low price have to buy back.

Yayira:

2 years from now access will be trading above 20 naira
not a dream oo I’m just seeing things lol

onegentleguy:
Following my last post on the ACCESS/DIAMOND merger deal, I have received some mails requesting for more clarity on how best to KEY in/invest in both coys.
The best way to answer to that is to look at the possible discount to tap from(returns) before/pre and after/post merger.
In retrospect, the gap/difference between their current market prices(at any given point in time) to what they should actually sell for in relation to each other is the pre merger inherent discount, while that between the current market price to the effective allotment price(their face value considering the merger terms) is the post merger inherent discount.
With computing this, I shall also give a realistic view of 'what may likely be playing out behind the scenes' with respect to the merger/aquisation deal.

A quick math;

On the ACCESS side of the curve...
Effective allotment price of ACCESS= N7.45(this was calculated yesterday)
Current market price of ACCESS= N5.30(as at close of business yesterday)
Price a unit of ACCESS should sell relative to that of DIAMOND= N3.47 ...using the formula: [3.50 X (current market price of DIAMOND - 1)] and inputting DIAMONDS yesterday closure price of N1.99.
Therefore pre merger inherent discount= relative price - current market price= 3.47 - 5.30= -N1.83
The negative sign means that the discount is an approx 34.5% premium.
...the interpretation of this is that given the merger terms, u will be paying N1.83 more buying ACCESS right now when the price of DIAMOND is N1.99 !!
Post merger inherent discount= 7.45 - 5.30= N2.15

On the DIAMOND side of the curve...
Effective allotment price of DIAMOND = N2.13(merger valuation - cash consideration)
Current market price of DIAMOND= N1.99(as at close of business yesterday)
Price a unit of DIAMOND should sell relative to that of ACCESS= N2.51 ...using the formula: [(2/7 X current market price of ACCESS) + 1] and inputting ACCESS' yesterday closure price of N5.30.
Therefore pre merger inherent discount= relative price - current market price= 2.51 - 1.99= 0.52
Which is an approx 26% discount.
Again the interpretation of this is that given the merger terms, u will be paying 52k less buying DIAMOND right now
when the price of ACCESS is N5.30 !!

So pre merger, DIAMOND presents the opportunity of a discount to tap from(ROI), while ACCESS presents none than a premium.
ACCESS however presents some value gap to tap from post merger. ...which presently stands at N2.15(7.45 - 5.30), an approx 40% upside potential.

My inference:
It makes sense to believe that pre merger, ACCESS might experience more SELL pressure, while DIAMOND could maintain more BUY pressure. ...until of course there is an equilibrium on their price relation or if their merger face value is achieved.
This should give u an idea of what might be playing out behind the scenes with respect to this deal.
A game/ploy to depress the price of ACCESS while mopping up DIAMOND pre merger and then exchanging it with ACCESS at a cheap before coming back with full force to mop up ACCESS post merger might not be far from been true.
...particularly because the terms therein shows a mutually inclusive and directly proportional entities.

Conclusion:
Pre merger, Mr DIAMOND wins while Mr ACCESS is subdued, while post merger Sir ACCESS 'resurrects' !!
Those who know and understand know how they need to 'play their cards'.

CAVEAT: This analysis is strictly for informational purpose only. It should only serve as a guide to further ur investing strategy with both coys, and NOT a recommendation.
...due diligence still applies.

rebekah2011:
They will first of all pump it. Those that sold to buy into Diamond at low price have to buy back.

onegentleguy:



I don't know where u got this ur hypothesis of 'pump and dump' from, but well, just know that ACCESS was, and is still UNDERPRICED.
The only dent to the coy was that it got involved with a seemingly sick diamond bank whose asset quality was questionable.
But then, discount that 'seeming dent'(from the aquisation) and ACCESS will still present a juicy MoS from its intrinsic value post merger.
Btw, I already highlighted the probable 'behind the scene plays' to the access-diamond merger in most of my analysis here.(refer to the parts in bold in one of the post above)
The rise u see now should not come as a surprise to those who know and understand.
If u understood my several analysis then, u would know that;
1) Pre merger, DIAMOND needed to move up in price to create the needed equilibrium in its face value relative to ACCESS.
2) Post merger, ACCESS will also need to push up in price to balance the price differential btw its face value pre merger and that of its effective price post merger and also cover up for the price 'shortfall' of approx 71k from DIAMOND(N3.13-N2.42) post merger.
Remember; That shortfall came accross from...

It is well !!