₦airaland Forum

naturalflow:
Them say the price of 1 pure water can give you 2shares of accesscorp.

Can you imagine!
This is classic and shows that Access is underpriced.
This is not to advise anybody to buy or sell Access

I have realized that most Nigerians who become privileged or blessed don't know how to remain humble, modest, keep low profile and be less boastful. They think they made it because they are smarter than others, and those who are underprivileged or still struggling are less intelligent, less brilliant or not smart enough.
That is why whenever they have some anniversary or occasion to celebrate, they would invite musicians to sing their praises and use the opportunity to brag that they are better, superior to some unknown or imaginary rivals or enemies etc. Just to prove that they are ''above them''

nosa2:
This Una conversation dey do me to enter.


Everybody cannot be rich but plenty poor people are poor because of their bad choices. One of those choices is not taking responsibility for their destiny

I guess you were born into a prosperous family! And that was your ''making'' or your ''choice'', right?
Sometimes, it is better to avoid saying some things.
Many poor people are smarter, cleverer, more intelligent, more hardworking and even more sensible that you may think. They only did not have the opportunity that other people had.

nlfpmod:
Previous thread
https://www.nairaland.com/8645794/nuc-bars-honorary-degree-holders

Taking a cue from Ghana!

KarlTom:
RE: JAPAUL Gold refinery

Okay

essentialone:
For Deap Capital Plc to get to N11+ again?

I don't see that happening soon. There is a lot of restructuring they need to do. Not just a name change to CMFC Plc.

They are coming to raise capital very soon. So getting to N11 is possible, if they want; but it depends on their target share offer price.

edwardaigb:
mtn and zenith dividend dropped, something to hold body while I wait for morgan. Opened and funded Cardinal stone yesterday. I was told trading ll commence after 48hours. people using Cardinastone is that how it works?

See this guy man!
You dey ask us to tell you how Cardinalstone works, but you no tell us how the dividends go reach us too.
Is that good?

PETERiCHY:
So you have suddenly become a self acclaimed Successful Jijiost because your dream stock Access bank no longer pay dividend

Kai, which kind uppercut be this?
Please take it easy on him na, Access yab many people, no be him alone.

EDUECO:
You're a learner!

I have made more than 90 percent just by jumping in and out of Zenith Bank, ACCESSCORP,UBA,FirstHoldCo and WEMA Bank.

The real money in stock market is from trading; dividend investing is just a bonus for me.

I got a dividend yield of more than 40 percent for the Zenith bank shares(average cost price of ₦17) in my dividend porfolio.

There are other successful market exploits I have initiated that I don't want to mention.

I have mastered the workings of the NGX. I'm not a mediocre in this game

Everybody likes to prove himself ''right'', so self justification or self validation is permitted.
Anything to make oneself sound happy or okay is fine.

Lesson: One man's meat is another man's poison! No one should boast!

KarlTom:
Very possible. Espacially IF May ends without any news of the refinery.

But No forget say na so you wait for ARADEL o

T&T Refinery ke?
Is that still a viable prospect on the table?
My expectation of good news is about the Angolan bloc.

essentialone:
Deap Cap still on Full Bid at N5.06

DeapCap coming to raise capital soon, probably this month or next.
I won't be surprised if the price climbs farther up

GeeKudi:
Is Japaul ready or what is going on? Any wisper? abeg oo

Japaul said they would start gold purchase/refining operations in May, which is this month.

SonofElElyonRet:
Zichis don go oooo
Na wa.. dis one pass crypto hanmer

They are coming to raise funds.
They apparently listed on NGX so they can raise funds at a higher share price

zoedew:
If Apartheid returns today it remains to be seen which African nation will help them like Nigeria did.

Point of correction: Several African countries helped South Africa to fight apartheid; not Nigeria alone.
While it is bad for South Africans to attack other Africans, Nigerians should stop talking as if Nigeria was the only country that assisted South Africa in the fight against apartheid. Some African countries even helped them more than Nigeria did.

jonnysessy:
All this is medicine after death. CBN (regulator) has stamped its feet down and Access will have no choice but, to obey. These are the things you see with government policies; very inconsistent. Someone will just wake up on the wrong side of the bed and decide to alter what has been in place without any reasonable explanation to the people they are regulating.

Let's wait for confirmation from CBN or Access.
It would be difficult for the CBN to order them to sell-off the foreign units IF each purchase was approved by the same CBN.

robobo:
i beg to disagree

while i am also not in sync with Access aggressive expansion of late. However, the treatment being meted by the regulator look very arbitrary and might not pass a test of logic

1. Didnt the regulator approved each of the buying in the first place? (because such buying are subject to regulatory approvals)

2. if so what had changed between the approvals and now to warrant a rollback?

3. for the sake of argument let accept a rollback is justified, how was the 12 month deadline (for sale) arrived at?

4. Does precedent (of mergers & acquisition) support the 12 months (when most of the buying took more than 12 months)

5. how was the 10 of SHF arrived at? what are the metrics driving the limit set?

6. is the regulator leaving the realm of regulation to dictate how a private coy deploy its capital


n.b i have very minimal and inconsequential units in Access but only concern about regulatory overreach

Spot on.

yMcy56:
Don't people think this is good for ACCESS?
I think this is a good development which is capable of repositioning ACCESS.....
For me Access will be good to go from here.....because part of the things possibly affecting them is their numerous buys.

They kept focusing on expansion to the neglect of home, internal happenings, restructuring, growth ......and some of the outside assets are not profitable or not as profitable as expected.

This kind of divestment or sales of foreign units at the orders of a regulator like CBN could turn out negative because the bank would have to comply within a specific timeline or deadline, which could put pressure on them and eventually sell the assets at a loss.

But what was the CBN doing when the bank was buying all the foreign units? Didn't the CBN approve each purchase or acquisition?

yomisams:
We journey to Ughelli, Delta State, Nigeria, to meet an incredible rabbit farmer. This video offers an in-depth look into successful rabbit farming, featuring different rabbit breeds and discussions on challenges like inbreeding. Discover the Business aspects of raising rabbits, including the selling price of a rabbit, in this insightful farming documentary.


https://www.youtube.com/watch?v=3HXQAZvOH50?si=unb26kufk1DlRukW

One of my favourite pet animals. Just love their beauty

ositadima1:
Based on chart analysis, I will enter Accesscorp around 20 for JiJo. It will get there once the “hot hands” finish blowing their money. This is all subject to the overall market regime, if it tumbles, it could even drop to 10. Lol.

Well done. I think you and Agba are living in the same ''quarters''!
God dey.

megawealth01:
All eyes on CHUKA at our AGM today...

Shey na wyning abi na full bid I dey see so?

It seems the CEOs of most stocks selling at attractive prices (in their sectors) are all ''cowboys''...

FreeStuffsNG:
Smh.

You are in severe pains more than Trump. If you blow up energy plants then you are suegbe niyen.

Army will face army like Iran did when it targeted only US military bases

Why did Iran not use its army to protect the power and energy plants, but rather sent women and children to form human chains as shield?
Iran targeted many civilian infrastructure in all the neigbhouring countries. Don't try to tell lies that Iran targeted only military bases! Even hotels were targeted by Iran. Cowards

Antoeni:
This Iran War Has Exposed US Weakness And Over hyping, US Should Learn to Choose Its Battle Wisely, You Can't Be Fighting Openly With People That Are NOT Scared Of Dying

Which US weakness?
The US never wanted a full out war, they only wanted to push Iran into a corner and make them sign a deal for the resolution of the dispute.
Otherwise, the US would not give notice of their intention to bomb power and energy plants because nobody gives such notice in a war situation. The problem is Trump talks too much and has made many unnecessary comments which makes the US seem weak....but they are not weak.
Israel could have dealt a more severe damage on Iran but they are being restrained by the same US.

robobo:
i am not defending or praising OJT or Ote$. I am just stating historical fact.

all this info are in public domain

Okay..

robobo:
It had happened already just before covid and right after covid (during the low price oil era sub $40)

but he was able to sit down with the banks to restructure and service the restructured loan.

even i think in 2022/2023 he further had to restructure the restructured loan (everything is in the AFS)

At least we should give him kudos. all through that period he lived low profile and was servicing the loan to the best of his cashflow which was not hidden from the consortium of banks.

That is how an upright person should behave.

Recall that something similar also happen to Otedola when the price of diesel moved heavily against him and he was nearly bankrupt (he mentioned everything in his book). the only issue he had then was with Wiwgwe and it was not about the veracity of the loan but about the exchange rate to be use for the conversion of the loan (because they were in FX) which in itself was also amicable settled later

My point is bizmen shld make it sacrosanct that bank loans are repaid because in the actual sense the money does not belong to the banks but to ordinary citizens who kept such money with banks

It is a miracle to me that you are praising Wale! Or is it defending?
I hope I ain't dreaming?

Agbalowomeri:
Na share dem dey share am

That is why I like the hardline posture of Sanusi Lamido as CBN governor. He single-handedly dealt with some bank CEOs that ran foul of the law that were hitherto considered untouchable, the corrupt national assembly consuming 25% of national overheads and NNPC oil revenue under-remittances. And he has been consistent up to date.

FreeStuffsNG:
https://thecradle.co/articles/iran-launches-missiles-at-us-warship-attempting-to-cross-hormuz-report

https://www.reuters.com/world/middle-east/irans-fars-news-agency-reports-incident-with-us-warship-strait-hormuz-2026-05-04/

They are filling the pain of the blockade of the Strait of Hormuz! by US forces!
Cowards!
When the Trump decides to bomb Iran's power and energy plants, they can go and form human chains again.
This time, Israel would be the one to do the job!

smasher1:
https://www.thecable.ng/concerns-mount-over-banking-stability-as-nestoils-bad-debts-implicated-in-three-banks-failure-to-pay-dividends/

Wale must make sure this does not happen in Oando!
Serious warning to him!

bioman:
Meaning 1 Affordable house will cost 50 million dollars. 😆

Divide 10billion by 200,000
Where and how did you get 50m?

The answer is 50,000.

NSEstudent:
Access is not even on full offer. More buyers than sellers.

Access is obviously undervalued, so the patient investor would not mind to buy more at current price.

faoogoke:
NGX needs to probe these ACCESS BANK volumes.
I suspect something much more beyond the exchanges.

Na Access bank volumes be your issue or abi na the dividend?
You either ignore the volume or join them.
All die be die

940m units is clearly an insider or institutional investor

megawealth01:
I want to keep loading access bank at every junction until I load my fill...

If I can have the kind of volumes I have in OANDO in Access Bank, it won't be bad at all

Similar to my strategy, only that I may dagger some units of Oando or Access soon sha

Byankee:
I don comot mind from access since the UBA disappointment.

They should do whatever they like.

The delay is for a reason, nothing seems to be coming

I think CBN might have rejected the accounts and the bank has gone back for amendment or review