₦airaland Forum

BabsO2:
ETI rocket wey don lose momentum.
UBA engines getting final settings, once the weak hands have disembarked the door will be shut for take off.

ETI lose momentum? I laugh in Chinese

I would like to humbly remind the UBA refugees that the ETI rocket is warm, cozy and welcoming.

Byankee:
Making sure that even if you want to sell, where will you invest the cash.

They can buy some ETI

Raider76:
Tony should issue a statement or address the media as Ote$ did when FBN issued it's unaudited FS earlier this year.

And say what?

Mankind2024:
A holistic reading of the report—Note 4, 5 and 7 in particular—is essential. It provides management's detailed assurance that robust recovery processes are underway to address and reverse the current impairment charges.

What else would they say?

megawealth01:
Na Tony handwork na all the companies him get is using UBA shu

Angle!!!!

Agbalowomeri:
This is not a forbearance issue though. More like credit risk exposure

Its just a poorly run bank/business

Streetinvestor2:
let other banks release thr q1 results. Let see the effect of thr new OS and foreign exchange differentials
On a different note I willl gladly deal withl uba as a bank than eti .ETI no follow for banks in nigeria..lol

Lets wait for Q1 of ETI

Streetinvestor2:
Make we dey see.So after tonight picked the RI at #50 and you guys no buy you expected him to pay u guys dividend. And they think he will allow something he bought at #50 go to #30
Is it dividend making transcorp hotel go above #200.
Uba will see red of 2 or 3 days and that is all
Is it expected dividend driving FBNH to this present price

I have stated here several times that I am not a dividend guy. This result is not just bad because of dividends, this bank has the lowest net profit margin of all banks that have released results so far (at least the ones I have on my spreadsheet).

It would have been ok if it was a one off forbearance hit but the Q1 result has managed to be worse than last year. If I were a shareholder I will bail out and not look back until the coast is clear.

Funny enough write-off for 2025 was not much worse than that of 2024.

Anyway I like my money too much to hold this kind of company.

megawealth01:
I no sell again ooooo

I have a nagging suspicion that ETI Q1 will be very good

Byankee:
With CBN stress test on Banks coming in the month of April 2026, where insider loans are to be provided for 100% and classified as non- performing.

UBA is on a long thing, no dividends this year at all, till 2027 or beyond

This business is in trouble

megawealth01:
As in eh. I nearly bought UBA today but decided to topup Access at least E never cost reach UBA

Hold onto your ETI

Agbalowomeri:
I hope you guys know that I have been shouting that they won't pay dividend

Who hears bad news when bulls are ravaging

megawealth01:
UBA wasn't stopped. Na money they bi no get ?

Exactly. If e no dey e no dey

Itzlinda:
People wey get uba unfulfilled buy orders today will thank their stars.


People wey got greedy and push their offer price up will regreat am.

Life no balance 😂

Village people dey save people sometimes

pluto09:
They will follow the bad results up with a good q1, na their strategy.

This did not age well

megawealth01:
CBN sef too do

This has nothing to do with CBN. Given the macro economic environment we witnessed last year it is obvious this business is in trouble. It might be a candidate for future turn around but we are not there yet.

KarlTom:
Please, what is the next word after disappointed...

I believe the word you are looking for is UBA

megawealth01:
Make E fall small I wan do some topups

The fall no go small oh

Streetinvestor2:
The same thing you avoid has control over what happens on ngx.
Let stop pretending about it

It has control over not just NGX but my daily life but since I have enough resources to at least cushion the effects make I dey my dey. Those who are really suffering should make the most noise

presiade:
Exactly. They once prayed to the likes of Babangida.

Politics dey hungry Una to talk sha.

Why worry about what you have no control over?

emmanuelewumi:
Julius Berger constructed Third Mainland bridge, coastal road should not be a big deal.


The coastal road contract should have been given to 3 firms

Julius Berger pray to the wrong gods

megawealth01:
I have bookmarked this statement...

Abeg those two stocks you said you will drop after buying up, how far?

I never buy oh. Though one of them was Transcorp. I'm mentioning now because I've decided not to buy it. The fundamentals look good but the thing no ginger my spirit. Transcorp Hotel valuation rubs me the wrong way and the power thing is just too political.

As for the second one I don start to buy. Expecting some money which I will use to finally load up.

megawealth01:
I will just abandon ETI for ECOWAS for life

Nice! For me when PE starts to reach 10 I will carry my load and move to Iran or Venezuela.

chimex38:
ETI wait for your elder brothers na.. Where you dey run go?

ETI should be above Zenith but below GTB. Q1 results should do the needful.

megawealth01:

Did you sell your ETI?

Yoursfaithful:
https://nairametrics.com/2026/04/23/uk-targets-9-billion-fresh-capital-for-nigeria-others/

Hmmm...this one go add more fuel to the market o

This market is priced to perfection but it's delivering on the perfection (so far). I feel sorry for people not invested

Pete002:
people wey buy Access at 32.50 yesterday....YAKUB

Practically all banks are bleeding but ETI is holding strong.

Started nibbling on my next stock today. For more details keep checking www.ngxforum.com

P.S I have not sold my ETI and I have no plans of selling any time soon

Streetinvestor2:
Person way call u billion na insult na.You way done pass that level many moon ago.That is why when I see some kind post from you I just dey laugh. You sure you no go just vex go buy that farm way kpakus no fit buy

My pastor say make I no dey deny this kind prophesy again

Baba God hear this prayer

pluto09:
Some think say you be one of those emergency billionaires

I no be billionaire oh!!

I thank God say I fit afford my daily rice and chicken but Billionaire ke, who dash monkey banana

ghm:
2010?

You think say na today we know each other?

pluto09:
Which one is autopilot again
You no sabi teach anything except how to carry woman
I beg help me tell CP and BBM that we need them here

What other joy is there in life aside carrying woman! My brother abeg make we enjoy life jor