₦airaland Forum

It ain't really expensive.

That amount can be viewed as commitment fee towards the proposed acquisition... (See note 13.1)

Redoil:
what is the implication of this expensive statement by ella lake
.
A deposit of ₦1,500,000,000 placed in an Escrow account in connection with the proposed acquisition of Agro-Allied
Resources & Processing Nigeria Limited remains outstanding. This deposit is included within Cash and Cash
Equivalents and will be applied towards the acquisition consideration upon completion, or returned to the Company in
the event the acquisition does not proceed (see Note 13.1 and Note 32).

nosa2:
Will they buy back today?

Factoring in tx fees for both trades is it actually cheaper?

Abeg leave me to tension dem in peace

No need.
It's actually cheaper today...

nosa2:
I would love to feel sorry for the people who sold yesterday but this is not a team sport.

Mr Jim Ovia steps down as Chairman of Zenith Bank plc after 12years

Ding!!!

I apologize on his behalf.
He was actually trying to say Ultra High Networth Individual (UHNI)

megawealth01:
High networth individual bawo?

Yes.
Trust Alhaji to pay more attention to upstream once OML 71&72 starts yielding something tangible...

Raider76:

https://www.youtube.com/watch?v=112GeKhmkyI?si=dSxzhQADAsTmvT8T

It is amazing how fast money grows once it reaches certain critical mass. Alhaji has really become an IOC in less than 3 years of his refinery opening.

We are [gradually] coming back...

KarlTom:
I'm in front of the queue.

I'll be back though but I'm definitely selling on Monday...

You are allowed to shift the goalpost

Willie2015:
Seplat don dey 12k target price

To sell self na wahala now

Ding

Agbalowomeri:
All set for the battle of the soul of ACCESS
Make Una push am back to N20

SP or FY DIV?

megawealth01:
ACCESS won't pay interim so we should be looking at 6 naira too

WAPCO DIV dropped yesternight...

ELLAH Q1 '26
https://doclib.ngxgroup.com/Financial_NewsDocs/46932_ELLAH_LAKES_PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_MAY_2026.pdf

CILEASING Q1 '26
https://doclib.ngxgroup.com/Financial_NewsDocs/46931_C_AND_I_LEASING_PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_MAY_2026.pdf

Verify the bolded again...

ojeysky:
No sunshade required, we are both saying the result is not bad so i don't think we disagree on that. I am also not saying it is a bad thing that CBN is mandating the banks to clean up, i am saying its not of good faith for access to claim they will pay knowing that CBN will not allow it. UBA didn't make declaration that they will pay dividend so i wasn't too surprised when they didn't. For access however, it was not about whether they will pay, it was how much they will pay. Anyway access remains my biggest holdings in banking sector just annoying how they play the game. It is well.

Don't add ₦15 like we won't notice...

ogawisdom:
Lol yes ooo waiting at sub 100

ogawisdom:
Spot on, the supplies will soon hit Zenith Bank after qualification date. Bank offers are usually crazy you will see 45m offer vs 5m bid lol, It will settle below 90 say 85.

MTN is still stubborn refusing to go below 700, sentiment around MTN is very strong with many buyers waiting to take up every price dip.

Ucap touched 15.85 today and i scooped some, same stock ppl were fighting to buy above 18 before qualification date.

Thank you Aj8.

The bolded speaks to me personally...

aj8:
Congratulations Mankind2024. May your expressed ambition and many more not yet expressed, come to pass by His Grace. I just want to add a point or two to your very well-written reflection.
Compounding is good, the 8th wonder of the world. But it doesn’t always need to be passive, it can be active or even aggressive. In trading, the phrase 'take profit off the table' exists for a reason: trends can reverse instantly when economic momentum shifts. While some markets recover quickly, others take decades. A stock falling from 100 to 4 might eventually return to 200, but only if time is on your side. While there are 'forever' stocks where I’m happy to stay in the passenger seat, I believe in remaining vigilant. If the fundamentals or prospects decline, I prefer to exit without sentiment and pivot to fresh opportunities with higher growth potential. Compounding continues but actively leaving only my failed attempts to run passively but still given fuel by prayers and hope.

Happy Workers Day

I can't thank you enough for those audiobooks you share from time to time. Thank you, sir.

Maybe (@ the bolded).

Meanwhile I hope you're still waiting for Zenith at ₦85 - ₦90...

ogawisdom:
Make it make sense

Presco SP = 2300, dividend = 14

Full offer may be loading, I hope I am wrong

Very important!

Yoursfaithful:
Leave am make he dey explain..what's the benefit of investment without single return to shareholders..no emotions in this market.any stock that underperform we move... we come back when they are ready for business and tidy up their books

He's doing his bit to reduce the drilling depth...

pluto09:
I don't think you need this.
You are not the only one that holds access.

Why you dey shalaye

Same rules applied to GTCO and ZENITH

EDUECO:
ACCESSCORP has paid dividends consistently for the last 15 years.

The CBN rule is the reason for no dividend for 2025 financial year.

PRESCO AFS '25
https://doclib.ngxgroup.com/Financial_NewsDocs/46920_PRESCO_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_APRIL_2026.pdf
DIV: ₦14.66

ACCESSHOLDCO AFS '25
https://doclib.ngxgroup.com/Financial_NewsDocs/46923_ACCESS_HOLDINGS_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MAY_2026.pdf
DIV: ₦0.00

Secure your capital first. Discussions can come afterwards...

nosa2:
I am definitely trading Access on Monday. Whether I am buying or selling, I will only confirm after my trade.

KarlTom:
I'm in front of the queue.

I'll be back though but I'm definitely selling on Monday...

I calculated ₦220.20

emmanuelewumi:
Have you seen the full year result?

I am buying more at sub N200, it will open at N217 on Monday

NESTLE Q1 '26

https://doclib.ngxgroup.com/Financial_NewsDocs/46888_NESTLE_NIGERIA_PLC.-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_APRIL_2026.pdf

100years [4 generations] projection? Chai

emmanuelewumi:
Access is a stock to buy for your great grandchildren, not a stock to buy for yourself

SEPLAT Q1 '26
https://doclib.ngxgroup.com/Financial_NewsDocs/46860_SEPLAT_ENERGY_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_APRIL_2026.pdf

NGX Q1 '26
https://doclib.ngxgroup.com/Financial_NewsDocs/46856_NIGERIAN_EXCHANGE_GROUP_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_APRIL_2026.pdf

CHAMS Q1 '26
https://doclib.ngxgroup.com/Financial_NewsDocs/46866_CHAMS_HOLDING_COMPANY_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_APRIL_2026.pdf

UACN

My SP projection: ₦205 - ₦210

UBA

Diing

TOTAL Q1 '26
https://doclib.ngxgroup.com/Financial_NewsDocs/46850_TOTALENERGIES_MARKETING_NIGERIA_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_APRIL_2026.pdf

DANGCEM Q1 '26
https://doclib.ngxgroup.com/Financial_NewsDocs/46849_DANGOTE_CEMENT_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_APRIL_2026.pdf

Excellent!

Let the afro grow o

Sunrisepebble:
If we get to N375 tomorrow I have my first 1bn stock.
It might be tempting to trim some there