₦airaland Forum

What is happening to Stock Bubbles https://stockbubbles.com.ng/ ?
Abi the new rules on NGX trading hours is affecting the portal?

Olaide1295:
Tell us one new tax that this government has initiated.
People said more during the tax law making process.

This govt initiated the process to increase VAT to 10% and later 15% but it was shut down by NASS
The govt has:
i. increased CGT for companies from 10% to 30%
ii. introduced a Minimum Effective Tax Rate (ETR) of 15% for Nigerian companies with turnover of N50billion and multinational groups of N1trillion

U

Agbalowomeri:
UBA will not dip below 45. It will reverse on Tuesday after a dip

When did @Agba start being optimistic about a stock on NGX/NSEMPA?
Abi, you enter UBA and the thing don hook your neck?

@Agba saying a stock like UBA would not drop below N45? Why not N10 as you said for Access?
Guy man is entangled in the net!

Codevalley:
Like this I don already come my mind from access, I don’t joke with my mental health 😀

Nothing do you, na money you dey find. You no go fall inside gutter!

vibesdot001:
If they remove the 10%, a larger %tage of retail traders will loose their funds due to heavy manipulations by MM. As for me when 10% benchmark is removed, I'll clear my portfolios

The 10% rule is one of the policies that made the market recover.
Its removal may not be too good for the market
It was formerly 5%

megawealth01:
All ride na ride

Are you supporting Agba?

megawealth01:
ACCESS won't pay less than 2 naira in my evaluation. Anything 3 naira or 4 naira na robbery

My expectation is N3, because they didn't pay any interim; and last year was N2.50 total dividend

megawealth01:
I have not bought a new car for the past 6 years so I can use access dividends and a few orders order correct ride...

The car na AUDIO ooooo

Okay oooo.
Nigerian roads are waiting for the tyres and shock absorbers of the ''correct ride''.
Happy and safe ride in advance.

Please don't let Agba take the ride for a ride .....he may use it to''ride'' other things!

Itzlinda:
I have but panic sold half of my bag 3 days ago at 33 when I see heavy sell offers.

Why sell just before they release year end results, even when they have announced that they proposed to pay dividend?
Unless you tare aware of the dividend and not satisfied with it.

megawealth01:
ACCESS should release their result today so we know what to expect as dividends... I don go price new machine I will use the dividends buy at 4 naira but fear dey catch me sha

Take am easy oooo.
Dangote buys only 2 cars in every 8 years!

megawealth01:
With the way Wale is going OANDO fit go below 40 naira ooo

ANYTHING can happen in Oando.
But the things I know are greater than the fears in NGX price-drops!

KarlTom:
ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. +6.33%
SEPLAT. ±

Wetin we see today?
Oando dey shake body, tanda gidigba for the whole day?

debeey87:
Dividend landing safely for the weekend. Make i go buy cement

Make I come follow you go market na.
I go help you hold and protect your wallet (don't tell me your wallet is online)

Congrats, bro

GeeKudi:
The companies getting new jobs now will also add the new contracts to their own lists of projects done in Nigeria. How that one come be bad thing?
be like say bro Mike don load JB full bag

Every company has the right to grow., and should be encouraged as much as possible and allowed to grow.
But to bypass all laid down rules, procedures, laws etc. and award very huge, strategic national contracts to cronies with dubious records, who have had little or no record of capacity and competence in projects of such magnitude, without any tender, no bids, no senate approval, no budgetary allocation etc. creates huge problems. Unless Nigerians are docile gluttons who swallow everything without asking key questions.
This is what caused the clash between Rufai Oseni and the Minister.
I don't have any shares in Julius Berger whatsoever.

Anybody that tells you that Julius Berger only became the preferred contractor of choice for FGN under Babangida may not know the history of JB in construction in Nigeria,....that is why I included the years some constructions were done

emmanuelewumi:
You wanted to say from the 70s. Lagos Ibadan expressway, Apapa Oworonshoki Expressway, Lagos Badagry Expressway etc

At least Julius Berger is quoted and average Nigerians are shareholder, who are the shareholders of HITECH? Was there any bid for the contracts they won?

God bless you.
Again, most of the major infrastructure construction projects in Nigeria from 1960s were built by Julius Berger:

Eko Bridge in Lagos, 1965.
3rd Mainland Bridge(Phase1 1970/1980s),
New Carter Bridge, Lagos, 1966
Tin Can Island Port (1977),
Lagos Ibadan expressway, 1970s
Apapa Oworonshoki Expressway, 1975-78
Warri Port (1979)
Jebba Bridge, 1973
Repair of Onitsha Bridge (1970)
Lagos Badagry Expressway, 1973-78
Volks Wagen Assembly Plant(1973)
Ajaokuta Steel Plant (1980s),
Delta Steel Plant, 1978-1980s
Jos Steel Rolling Mill, 1980-1983
Abuja Mster Plan Infrastructure
Aso Rock Villa 1989-1991,etc. etc

....The track record in major projects speaks for itself!

ogoo4real:
Hope on hope for Access Bank. Access Bank when will you deliver

Are you a ''loyal'' shareholder, or a ''fair-weather'' shareholder?

chimex38:
Naaa.. Not comparing, JB is still the father that fathered their father as long as Construction history in Nigeria is concerned.

just giving Hi-tech the benefit of doubt until the elapsed time.

Make I hear
crack in pillar or
timeline issues or unsoumountable challenges of nature

Na that time I go run my mouth 👄

Actually, I was not referring to you.
People dey for this country sha...maybe it is out of ignorance, mischief or something else

Bizibi:
who dey compare jb with hitech?? Wetin that person chop.....

Abeg make you no vex oooo.
People dey for this country....all because of politics and blind loyalty to a govt or political party.

isaacosas01:
The largest bank cannot stay down for much longer, especially seeing the crazy valuations of its peers.

I can’t wait to see the 2025 AFS

Access Bank would blow out in 2026, that is for sure.
I think it usually does about 50-70% of the price of GTB/Zenith

chimex38:
JB had Wike in their pockets from 2015-2023..
Na turn by turn
No one really made much fuse cuz they most certainly always deliver on quality and timely to shut out naysayers.

Hope Hi-tech does the same

Julius Berger was established in Nigeria in 1965, beginning with the construction of Eko Bridge in Lagos.
They also built other major infrastructure, like the 3rd Mainland Bridge, Tin Can Island Port, Ajaokuta Steel Plant, the Aso Rock Villa etc.
That is the company some people are comparing with Hitech!
God have mercy!

chimex38:
Of course one can't rule out favouritism but it favours all other construction companies one way or another.
But the quality of Julius Berger's works across buildings and roads in different states in Nigeria has stood the test of time and earned it that quality honor by ordinary Nigerians for the most part.
So its raises eyebrow that a novel construction project in Nigeria has no Julius Berger in the mix.
Buy a new name without a famous precedence in Nigeria.

Hope Hi-tech delivers on time and quality. That's the most important thing.
Whomever got the contract award will be a secondary issue in no distant time.

Even some contracts in the North/Abuja axis that were initially awarded to Julius Berger were taken away from them and given to Hitech, with no cross bids, no tender,etc.
My brother, just relax, some people cannot say the truth because of blind loyalty to someone

EDUECO:
Oando is like First Bank; First Bank lost its glory because of mediocre management.

Me? Where did I mention Oando?
I no wan your trouble oooo?

presiade:
Argue with this.

Comparing a company with credible German roots, the experience and competence in construction with a company that had none!

No wonder Nigeria is how it is!
Reminds me of when some people said Abacha was the ''saviour'' that Nigeria needed for good governance and all the political parties at the time unanimously endorsed him.
There will always be some useful lots available to serve the interests of some demigods in our country.!
We enjoy the drama!

nosa2:
Politics dey hungry Una to talk sha.

Why worry about what you have no control over?

Because the thing has control over my worry na
Just joking

presiade:
The same favor that Hitech is benefiting now was what Julius Berger benefited from in the 80s and 90s which makes you think they’re a civil engineering giant. Is it right? No, but What's sauce for the goose is sauce for the gander!

Julius Berger is the baby of German construction firm Bilfinger Berger AG with solid track record in major construction works, before they started winning contracts in Nigeria.
Can you tell us the track records of Hitech in construction works before Tinubu/Lagos started hobnobbing with them?

Can you tell us when Julius won a contract without a tender, no bidding, no senate approval,, no budgetary allocation etc.?

EDUECO:
And ACCESSCORP is around $US 1.2 Billion.

ACCESSCORP has great potential for price appreciation in the short run.

If na potential, all the stocks in NGX do have great potential, including the one that you don't want to hear the name ....if I say ''O'', you say ''A'', another man say ''N'', them say 'D'' and he say ''O''........omo na you sabi

olaremint:
Dey play, show us the same process for past leaders and in Anambra when Obi was governor

And who says I am for Obi, or Atiku, or Kwakwanso, or Amaechi or Wike or Tinubu?
I don't assess people who are not yet in power as president. I give all of them (including Tinubu) the benefit of the doubt and wait until they become president, before I assess their performance in office!
I don't pre-judge anyone of them. A pupil/student must sit and perform in an exam before you score him ''zero'' or ''excellent''.
The failures of past presidents cannot excuse or justify the failures of the current president. Failure is failure!

I am not aware of a past presdent/govt that took away projects from a credible Julius Berger and handed over to Chagoury Brothers without tender, cross bidding, etc.

GeneralDae:
Can Julius Berger do a better job than Hitech when it comes to coastal road constructions?

Construction of major roads (coastal or not) is the Julius Berger specialty.
Hitech has no track record in constructing major roads, apart from the ones they got from Tinubu/Lagos state for some roads in Lagos state.

ogoo4real:
Access is not just ready. I don't know why

Access is assessing who are the ''loyal'' shareholders and who are the ''fair-weather'' shareholders.
Una go show your true colours very soon.

GeneralDae:
Valid question. I don’t think he has anything against borrowing itself for growth but why not consolidate your finances first before expanding aggressively?

There is nothing like consolidation nor expansion going on. It is borrowing for jamboree!
They are borrowing and awarding dubious, inflated contracts without tender, no bidding, no senate approval, no budgetary allocation etc. to cronies like Chagoury brothers who had no competence nor experience whatsoever in construction.
But all of a sudden, contracts are being withdrawn from reputable companies like Julius Berger and handed over to Chagoury Brothers without any cross bids.

megawealth01:
That's AUDIO STOCKS and DELIVERED na

Any name it is called is fine by me. Just let the money enter the bank account

megawealth01:
You try. Na why I diversify a lot no matter the noise here

Your stock recommendations last year delivered bountifully, most of them did 100-400% gain.