₦airaland Forum

kintus:
buy the rumors and sell the news.

On NSE, you just can't wait for the rumours, they now sell the rumours. News is for newbies.

EDUECO:
ACCESSCORP has just manipulated its Q2 2025 result to make room for the financial cost for its international acquisition or expansion spendings.


Remember a significant portion of many Nigerian banks' profits in 2024 was as a result of foreign exchange (FX) revaluation gains, particularly from the devaluation of the naira in the previous year.


Interim dividend is likely when Q3 2025 result is released;or a final year dividend of ₦2.5/₦3/₦3.5 is most likely possible by April or May 2026.

A final year EPS of ₦8 for 2025 is definately possible. An EPS of over ₦3 at half year can easily take care of dividend for the 2025 financial year.

So you think CBN will let them pay N3 from eps of N8? I think N1 is more likely

KarlTom:
Told ya

Their total daily production plus interests in other assets is set to equal or even surpass that of Seplat. Do you know that upon completion of the renaissance/spdc deal, they were able to almost double the production of that Asset? The government praised Renaissance for that feat which increased the Country's daily crude oil production. Meanwhile ND Western also has a different oil asset apart from their 50% stake in Renaissance.

HesInMe:
Lol. It's not that bad na. Let's say they make N13 EPS this year, which is conservative. Even if you slap PE of 1.5x, which is low, that's N19.5.

Although that's 20+% down from current levels sha...

It's the relative underperformance on a grand scale vs. GTCO that is shocking. It's like man vs. machine. Access should be firing its entire board and senior management if they had any shame.

Half year eps is N3.72. that is not so good.
I pray they achieve eps of N13 like you hope.
But from this result and eps of 3.72 in 6months, the price should fall.
Maybe that's why they first released fake results to shore up the price before the real thing(although I don't think Access bank released the first fake results)

HesInMe:
What a mess. 50% drop in EPS. I remember when people were arguing that recapitalization wouldn't meaningfully impact EPS because banks are money machines. Not so. Can't defy gravity forever.

N15 is possible

leo1234:
Like I said earlier, the music is just starting.

Mpeace, hold your Aradel very tight.

Another seplat in the making.

Hmmm this should be the reason for all the increase in shares price. I have moved my exit from N900 to ...

leo1234:
The music is just starting.

Aradel is on its 52wk high

Aradel selling at 814(not officially moved) it's like dividends will make sense

I just read a review of Access bank Q2 result on Facebook. How come the result no dey for corporate action page of NSE.

bastardson:
Abeg guyz should I sell my Access for PZ or any other sensible stock.

This has been the most stagnant stock in my portfolio, I am tired already

PZ is great but... Note that about N11.9billion out of their N13.4 profit after tax is from asset disposal and there is the little debt issue. So be cautious and wait for their q2 result. But the stock is good for long term

Agbalowomeri:
Make ACCESS come down to 18 make I check something

Whether I go fit use am replace my GTCO

If Access do 18 or even 20 I go sell half of my Seplat move to Access

KarlTom:
I will be here to remind you when you change your mind because of the upward momentum.

Same way I did with NASCON...

Wow. Did I change my mind on NASCON? I know I reduced sha but Can't remember.

I remember changing my mind on Seplat. I had a target of 2k to sell. But I still dey Seplat at 5,900

jonnysessy:
Aradel is making me smile

Aradel and Dangcem. Index suppose move up more today

Pple that didn't buy aradel at 400 are now queuing at 713 yet them no green sell. I will sell my Aradel @ 900

A little MH is allowed. Make I follow Loco small.

awesomeJ:
DANGCEM up in early trades.

150k now shattered 🎉🎉🎉🎉🎉

@Agbalowomeri 🥳🥳🥳

Aradel also looking up but not enough offers to meet the 100k price movement mark

YoshihideSuga:
Sorry for my ignorance, what is the meaning in stock market parlance?

It means that there are no/few buyers, just sellers.

The stock is not liquid: Illiquidity refers to the difficulty of quickly buying or selling the stock. Essentially, a lack of liquidity means there is not enough trading interest or volume to facilitate easy, quick, and stable transactions

YoshihideSuga:
Who has tried selling shares of Betaglass recently? What happens when the share sale cannot be completed, especially via the Investbamboo platform?

Thank you.

The stock has been on full offer since. It's best to wait for Q3 result, if they do well you will see bids

Stockhunter:
Okomu paid 30 naira half year. If this 10 is added that is 40 naira. Lets see what they pay for full year. Seems okomu is trying to become the dividend machine. I think i will top up my okomu more at sub 1000 lets see if we can drive it to 1500 that will be 50%. My grouse with stocks that are this high is that block trade of 100k units, the price may not always move that easy. Though it is a gift and also a curse cos as e no easy to move up it wont also fall recklessly...

with N60 eps they pay N40 as at Q3 wetin come remain?

awesomeJ:
ASI at new ATH 148.4K!

DangCem appreciation will always raise the index. Aradel appreciated too.

mikeapollo:
There is a ''witch'' called CGT flying around and finding a space to perch on Jan 1

Hope you know that law only comes into force by 2026. They will start the collection by year end 2026.

Agbalowomeri:
So ACCESS has been buried

If they won't pay N1 they better hold the result till year end.

KarlTom:
Just read that Mr Cardoso will lead Nigeria's delegation to the WB-IMF Meeting in Washington while the Minister of State for Finance will join the delegation.

Makes me wonder why we have Ministers of State who can't deputize for their principal...

Cardoso might end up as the new finance minister while they get another person as CBN governor

Make Una pray for our Minister of finance. He must complete this his 'economic programme'. Nothing will happen to him. Although Sahara reporters claim Presido is already searching for a replacement

emmaodet:
The EPS is way way too poor for the stock price.
It is an expensive stock to buy.

For your eye this stock go do another 50% no be eps dey move this type stock

RodgersAkpafu:
Zenith and UBA

We await the credit alert

The registrars for Zenith, the worse I have ever seen.

11billion Naira entered dang cement today. Pple no dey fear CGT again

No one is noticing NAHCO and NASCON moving up gradually.

Agbalowomeri:
How I come dream say ACCESSCORP paid 30kobo interim dividend?

Abi na high fever

Na fever. Abeg na N1 we dey expect.

KarlTom:
Someone is quietly accumulating ARADEL

Since NAA. All the time we thought It was being sold off. Na buy them dey buy

Joyful365:
Have you worked in any Nigerian company? If yes, for how long?

If you had the choice to continue working for the Nigerian company or travel to Canada to work in a similar role for the next ten years, which will you prefer and why?

These are straightforward questions. If you quote me without answering them I'll block you cos I'll believe you are just another uninformed propaganda tool.

Please block me, I want to know how it feels. Dangote refinery is a Nigerian company not a Canadian company.

Joyful365:
It's worrisome seeing how Dangote has employed heärtlėss laptop boys to defend his actions all over social media.

Before you take the word of any faceless person on the internet as truth and people centred, ask the person to mention how many years they have worked under any Nigerian employer and if they would continue such job for the next 10 years or prefer a work visa to Canada to go do the same job.

Their response will reveal their agenda - propaganda agents for Dangote and other wicked capitalists who don't mind énslaving every Nigerian so long they keep topping or getting mentions on Forbes billionaires list

He should bring all his money and share to the workers cos they built him the refinery.
If only you guys used this energy to struggle for a better minimum wage (other than N70k) all these arguments would not have arisen.
The abroad you talk of, na minimum wage them dey earn their. You guys should leave dangote alone. The workers knew the pay, but insisted on the work. Even after the sack with continuous pay, they still insist on the job.

Its unfair comparing Dang refinery with Oil exploration/mining companies.
Dang refinery buys oil(sometimes in dollars) refines and sell. The oil mining companies just draw the oil from the ground and sell.
Their operations are different so also their turnover. Compare them.with other refineries.