₦airaland Forum

nosa2:
We (Access Bank) on the ground fear no fall

I bought more Access yesterday at #24.3
Anymore i get now, i dey buy Access corp

jckgroup1:
Ideally at the bolded.
In the last election, Tinubu won Rivers State... Was that ideal or reality?

Now we are saying truth. The only way Tinubu wins is by rigging. Lets stops painting the truth - Tinubu chance is only by Rigging, no one will vote for him.

But i dare say this will not be like the last elections, more people will come out, more people are angry. It will be impossible for Tinubu to win by rigging.

Itzlinda:
You can't remove incumbent with fragmented opposition.

You should have known this if you pay attention to Nigerian politics.

GEJ was removed because opposition gang up against him.

Nigerians vote based on sentiments, religion and tribe affnot logic.

Obi might sprung up surprises tho if he pulled same momentum he did in 2023.

For the highlighted, which of them favor Tinubu?
The North won’t vote for him because of religion.
As a matter of Fact Atiku and Obi being in the race is what guarantee Tinubu will lose, cause some core Muslims might not have liked Obi and might have voted Tinubu but with Atiku in the race nothing for Tinubu.

Isn’t it clear Tinubu has lost his bases especially the North. Where would he get the votes to replace the Northern votes he lost?

Obi has retained his based and gain with KO ticket
Atiku has gain due to Tinubu being a massive failure and Buhari’s death.
Tell me how Tinubu chances have improved.

See in El-rufia’s voice there is no pathway to Tinubu winning. At best he would come 3rd.

megawealth01:
Are they gods? Let's stop making statements like you can't joor


This government should deliver in its promises for this first term before making noise about 2027

I am tired of the statement too.
Impossible to remove Tinubu because of what?

People make that ridiculous statement to make people lose faith. They don’t say he will win - cause they know he can’t, they say you can’t remove him. Telling us that Tinubu is such a master rigger he would rig out 100m plus Nigerian.

The real question is will the North vote Tinubu over Atiku - the answer is No.
Will the South vote Tinubu over Obi - the answer is no.
Even Makinde will defeat Tinubu in Oyo.
So how will Tinubu win
How They can’t answers - they just say it will be impossible to remove him.

This divided opposition means Tinubu instead of 2nd place will come out 3rd or 4th place, behind Obi and Atiku.

Atiku, Obi will sure score more votes than Tinubu - go and mark it.

This nonsense about APC winning i don’t get it?
It’s like it’s spirit that will vote for him cause everyone i know in my life, friends, acquaintance, colleagues, i know only one person in those 100s of people that supports Tinubu.
This talk reminds of when people were saying Obi’s supporters are only online like people online are ghost - well those ghost online gave him over 6 million votes.
Tinubu is hated by everyone but u somehow believe that he is going to win - How? Will they get spirits to vote him.
See if elections hold today and Tinubu will come out 4th place.

Dangote IPO will be live in September.
I can’t wait!
I hope full allocation limit is up to 10m.

essentialone:
Veritas Kapital Posts ₦1.8bn Q1 Profit As Aviation Insurance Drives Revenue Growth

Veritas should move when there is clarity on it’s recapitalization status and after the July deadline.

Slammmmmmmm:
Wema Bank shareholders approve the acquisition of a commercial bank.

Who can guess if it’s Polaris or Keystone?

deathwing:
Where did they say the cap is 2m?

Speculations sir

emmanuelewumi:
N2 million is small. The cap should be about N10 million

I agree with u, na just rumour right now. We go see when the IPO is out but 10m makes more sense

My case for buying Dangote IPO is that most institutional investor won’t get in.

I have read how Dangote wants to market it to the public and how accessible it will be, he might get half of his 5m target which is unbelievable right now

Just buy the 2m cap limit where u guaranteed full allocation.

emmanuelewumi:
Imagine if the money invested in the share in 2010 was used to buy Presco or Okomu share. Or Better still Lafarge Africa at around N20.

Alhaji is a capitalist and he will try to maximize his return

Every IPO is meant to favour it issuer. I expect it to be listed on a premium valuation.
If it was a Regular IPO i won’t touch it as i expect most institutional investor to exit in the next months after the IPO and bring price to below IPO. But with Dangote targeting 5m retail investor even if its gets half of that, the price won’t drop post IPO rather it would increase as most institutions who didn’t get in will buy at listing.

Alex35971376:
Hello everyone, I’m quite new here, I’m here because of the Dangote Refinery IPO launch, I would love to know how I can get involved, set up and account so I don’t miss out on it.
I found out listings aren’t done on trading platforms like Bamboo and the rest.
Any suggestions?

Don’t worry it will be the biggest IPO in Nigeria, once it out you will be able to get in. It will be on every streets in Nigeria through POS and Telecoms operators.

isaacosas01:
June.

So TIP will be allocated in June like i earlier said.

Pete002:
where did you get this info please

You were asking how i knew it would be June? I guess u see that some of us here know certain things

isaacosas01:
Abeg make una help me oo, i have been unable to market sell or limit sell my uba stocks on Cowrywise since last week.
Cowrywise support keeps repeating the same thing, no liquidity?
Even today my market sell order failed. Since when did UBA become illiquid please?

No help? Cowrywise just seize my stocks oo..
Do they have regulators to report to?

sterlingD:
Which platform are you trading on?Which stockbroker are you trading with?

Cowrywise. Lemme modify the original post and add it.

Abeg make una help me oo, i have been unable to market sell or limit sell my uba stocks on Cowrywise since last week.
Cowrywise support keeps repeating the same thing, no liquidity?
Even today my market sell order failed. Since when did UBA become illiquid please?

There was a link flying around one time that shows people who bought shares and abandoned it. Can someone help me with the link?

I just remember a family member bought ETI PO in 2007.

deathwing:
Nice. Same here. I bought PO, and bought on the floor at ATH of 18 whenever small money entered my account. And kept accumulating at every ATH (including N30).

With PO, it’s about 20% of my portfolio. Without PO, it’s 5% and I’m still 76% up.

Don’t wait.
Never wait. TIP to N50!

Any TIP selloff Post PO allocation will be bought aggressively!

The train might leave those who sell off very quickly.

We need to know the numbers on TIP is number before funds raised from RI and PO are deployed, imagine the financials when those funds are deployed!
TIP should go to a 100 easily!

mikeapollo:
Dangote should let Nigerians enjoy his companies na? I dont understand this new fashion of taking everything to the outside world. We are ready to buy his shares fully in Nigeria.

.

Can you guys give him $1B funding?

KarlTom:
FIRSTHOLDCO

https://doclib.ngxgroup.com/Financial_NewsDocs/FIRST_HOLDCO_-_NOTICE_OF_AGM_MAY_2026.pdf

₦1tn

You see it too.

They would do #1tn easily this year.

nosa2:
I just bought more Access at N23.7.

ETI at N88

Mic drop!!!

I think i should buy more access. When i bought at 25.6 i said i would buy more at the 23 region.
It has come and all the negative vibe has made me hesitant.
I am not selling a single units because the financials speak and speak very clearly.

I know i’ll regret not buying more soon.

Streetinvestor2:
whr is the q1 result abeg

https://doclib.ngxgroup.com/Financial_NewsDocs/First_HoldCo_-_Unaudited_Financial_Statements_Q1_2026.pdf

The is one of the best Q1 result of the FUGAZ

Abbasmh:
I thought FIRSTHOLDCO released a bad result, but it’s currently going up at the market opening.

Bad results kwa? Have you looked at the Q1 results?

Agbalowomeri:
Oga e never reach one week wey you buy ACCESS you no wan allow us rest. Better wear your patient jacket and pick ya seat. Plenty people don dey this bus for years Lol

I bought access corp first in 2024 and i haven’t sold a single unit. I only bought more today.

Let’s say you hate Access. Let’s say everything bad you’ve heard about it is true. The dividend is never coming.
Fine. Even if every single bear case argument is correct — Access should still not be trading at ₦25.50.”

My ₦54 short term price target requires one assumption — that Access Holdings continues to operate as a going concern. That’s it. No dividend. No earnings growth. No re-rating. No good news. Just existence. A bank with ₦53.4 trillion in assets, 60 million customers, operations across 22 countries, a CBN banking licence, and ₦4.33 trillion in verified equity does not trade at 0.31x book indefinitely simply because investors are unhappy with management.

Even the analysts who have never recommended Access, who have the lowest price targets on the street, who are most sceptical — their bear case is ₦33. Not ₦25.50.”

At ₦25.50, the market is saying Access is hiding ₦3 trillion in secret losses
Access has ₦4.33 trillion in audited shareholders’ equity. At ₦25.50, the market values the entire company at ₦1.36 trillion. That means the market believes ₦2.97 trillion of that equity simply does not exist

You are buying Africa’s largest bank by assets for less than 2 years of earnings
Access earned ₦743 billion after tax in 2025. It earned ₦216 billion in Q1 2026 alone — annualised that is ₦866 billion. At ₦25.50, the entire company costs ₦1.36 trillion. You are paying 1.57x one year of earnings for a bank with ₦53.4 trillion in assets. Africa’s largest bank by total assets — trades at 1.57x. That is not a discount. That is a pricing error.

nosa2:
Happy for them because I bought more today.

Average entry price now N26.73

If heaven wants to fall let it fall. The bank's management has rightly identified their problem and I suspect in the next few quarters we will begin to see those issues addressed

So i bought Access corp today at limit price of 25.7.

Selling pressure is no more.

Now i can talk about access. One thing i would say is a BAD price for access should be 45 - 51naira.
Like if you look at access with pessimism then the price should be 45 - 51. There is absolutely reason access is trading at 25.7 naira right now.

ogawisdom:
Any new on when TIP will list it's RI or PO

June.

That price shows the person believes access corp will close on full offer.

debeey87:
Most of the bid(over 46m) are at the day's low actually, so a lot can still happen

Rmichael23:
TIP dividend quietly came in early

Did people who bought public offer get dividend?

UBA will drop another -10% 2moro 28th. You have 200m stock on offer but only 20m sales happened - there are no buyers. We still have over 100m UBA stocks on bid. It should do another maximum negative return 2moro.

For Access it one of my largest portfolio but i won’t buy till will see AFS 2025. If access pulls a UBA and don’t pay divident they should go below rights issue price of 19.75. On the contrary if they declare divident, the stock is going to #35