₦airaland Forum

make una dey buy value o, not every jijo dey end well o. Annualise their EPS and do your due diligence.

Access Holding Fair Value after new right shares dilution using Q3 financials;

Book Value: Equity 3.33trillion Naira dividend by New Total O/S of 53bn units

3.33Trillion Naira /53Billion unit = 62naira per share

Book value per share (BVPS) is a metric that measures a company's equity per share, or the portion of a company's equity that would be attributed to each share of common stock if the company were to liquidate.


EPS: 440billion/53billion unit = 8.3naira per share

P.E ratio: Share price N24.5 / N8.3 = 2.95

A price-to-earnings (P/E) ratio of 2.95 means that it would cost N2.95 to buy N1 of a company's earnings.

P/E ratios are used to help investors determine how much they are paying for a company's profits.
A lower P/E ratio is generally considered better because it means the investor is paying less for each naira of earnings.

Always..

datola:
This guy always acts as if under the influence.

Burna needs to be professional. Only does this trash in Nigeria.

Never waste Snake meat

Wish you all A Merry Christmas. We all made money. Now lets enjoy with the family as we prepare for a bigger harvest in 2025.

KarlTom:
Special Christmas Greetings to every member [and guest] of this forum...

🎄🎁🎅🏾

UBA doing wonders

MRS on solid +10%

chimex38:
2027 Ending
After dem don acquire CBN

when accessbank go move na.

Great job you are doing my brother.
Just dont rely on NGX Api alone in doing analysis, as rightly said, some stocks were wrong analysed in YTD growth, because they didnt factor stock reconstructions done in stocks like transcorp and ucap. this wrong reports are even on mainstream business news platform. thats where you come in, in giving reliable data, there is so much market for you bro, abeg helps us. kudos once again


For the ytd records, you are meant to change the beginning price by factoring the total O/S after reconstruction.

so for example, ucap; simply delete the 2 new shares added, i.e today's price of ucap at 19x3 = 57
.

toyeoye:
Thanks for breaking it down. StockBubbles relies on NGX data for accuracy. If the NGX hasn't accounted for the bonus issue, it won't be reflected on StockBubbles. I'd flag this up. Thanks again

since na 66.6, e fit be anti-christ.

dapix:
Appears someone is mopping @ N66.60 and above

universal full bid

aiico don go o

Beautiful

Those guys are for-hire shareholders, coming for free food, and goody bag.

bovali:
On this oando agm, all I’ll say is some of these shareholders are weapons fashioned against the company. Rather than hold management accountable they’re doing eye service

Stockfish

BusinessAccess Bank seeks Eurobond
A major pointer to the agenda was recent revelation by the lender that it is considering selling dollar-denominated securities in the domestic market to fund its expansion plans and boost its capital base.

According to the Managing Director, Roosevelt Ogbonna, during a media parley in Lagos, the securities would be issued in two tranches. While one of the tranches would be targeted at Development Financial Institutions (DFIs), the other would be sold on the open market.

https://hallmarknews.com/access-bank-seeks-eurobond-to-boost-dollar-revenue/

Streetinvestor2:
If access has all this fund to be buying. Why then did it come to market to dilute its shares via capitalization

at 1600/$ = 254bn Naira

Access Bank Plc has offered to acquire Bidvest Bank Holdings Ltd. for about 2.8 billion rand ($159 million)
https://techfinancials.co.za/2024/12/12/bidvest-to-sell-bidvest-bank-to-nigerias-access-bank-for-r2-8-billion/

They have a 5 year strategic expansion plan using M&A. Nothing surprising here.
https://www.thisdaylive.com/index.php/2023/01/18/in-new-5-year-strategic-plan-access-corporation-outlines-measures-to-deepen-financial-services-in-africa/

chimex38:
I bin think say late Wigwe 🙏 dey over exert himself..
Now I know say him dey learn work for where Aigboje dey.
Let it work out for them sha.

Etranzact with some block trades. Interesting...

If Access Holdings can successfully complete their expansion drive, and consolidate as planned, they will become a behemoth. With all the acquisitions so far, they still have the lowest NPLs. The Mauritius bank purchased is also a gamechanger.
I believe the reason their price is still this low is the higher level of dilution expected from their right offer, which will be about 50% to those who didnt participate.

Access ARM Pensions, 2nd Largest PFA in Nigeria with over 1 trillion naira AUM.

Biggest risk to them are the sovereign debt defaults.

Heard something about Etranzact planning a microfinance bank.

SAKAMAJE!!!

Mpeace:
See our naira

australia

Since they will keep pumping to maintain that 35naira price. I will rather add more Access below 24, as the 2 stocks have a way of carrying each other along.

Sunrisepebble:
I understand. I’ll probably pick some units on the floor hopefully below that price before the official news comes out

If you like make they drop insider information for here, please ignore it. The big stakeholders use inside info to make their billions. Or you think otedola and the rest trade with conscience.

We are all here to make money, nobody Holy Pass.

I hope this is not the 1st of many to come.


Need a website, branding or digital marketing: whatsapp 08061156610.

Keep ignoring access bank o.

UBA did 1.6Trillion in comprehensive income. PAT declared not giving the full picture. the value accretion is massive.