₦airaland Forum

megawealth01:
Ellah Lakes Grows Total Revenue To N146.7bn In 17Months

https://leadership.ng/ellah-lakes-grows-total-revenue-to-n146-7bn-in-17months-2/

CHUKA don start work

You know if he wants to go into cocaine production and export?

mank1234:
Someone was shouting buy ETI and we ignored, now e don bazooka.
10% today, tomorrow is another 10%

Princkez:
not only ETI almost all the banks...even FBNH #54.95,ZENITHBANK #115

Its not somebody, IT WAS ME, MYSELF AND I.

GTCO at N38, Zenith at N60, FBNH at N31, Guinness at N100 and now ETI at N46

If you want to have more intelligent discussions that will help us reveal tomorrow's winner come over to ngxforum.com

Retnaija:
@ Oga Nosa,
I'm not a fan of having too many banks in my portfolio. I've already taken a position in UCAP as the upside is about 100%.
The upside on Intbrew is okay for me. It's a long term move.

You know cash is a valid position to be in.

Anyway not here to run anyone's portfolio

deathwing:
Seplat is a gas play.

How is this different?

alezzy13:
Na wa o. In spite of global uncertainties, green just dey full everywhere

Naija stock market they try ooo.

Blood will soon flow

alezzy13:
Yes o. You do well. ETI, Seplat don try for me

I am very bearish on oil and with Seplat trading with a PE of 25, you need to have titanium balls to buy at these levels

Retnaija:
Finally....UPDC and Royalex have quietly turned the tide to FULL BID. Been monitoring the trades for the past 2 weeks and now we're finally here Intbrew on the beat as well. Glad I boarded the brewery train last month.

I am not seeing international breweries as sexy oh. Even if they grow EPS by 500% the PE would be 10.

BabsO2:
There is hope he will change. I used to be bearish on Oil. But it looks like for the next 2 decades there will be good demand for oil. Hopefully Wale should stabilize Oando in the next 5 years.

I am very bearish on oil. I have penned down my reasoning on ngxforum.com

BabsO2:
Quickly exchanged some First Bank for ETI this morning.

Welcome aboard

Mankind2024:
ETI’s decision to pay a dividend in the course of 14years sparse history is a major milestone that defies its critics. It’s a reminder that market outcomes don't always align with our logic—being "right" or "wrong" is often secondary to the market's timing.
​While Mr. Nosa’s life-changing bet might suggest he knew something others didn't, the result is what matters. To the long-term holders since 2008: this April rally was a long time coming. We soldier on.

If you had been following the discussion on ngxforum.com you would know that this result was predictable. I have no insider knowledge, I only followed quarterly results

vacanci:
if you no exit today at N50.60, na u do urself

Exit and do what with the money? ETI is possibly the cheapest stock on the NGX and the Ghana stock exchange.

Do I come across as someone that is doing vibes and isahla in the market?

I have an exit price in my head and we are very far from it

megawealth01:
I don plan when to secure my huge invested CAPITAL first maybe leave the profit there

ETI still get plenty work to do anyways

Good to know we in the same boat. I am not selling any time soon. Quarterly results shall be my guide

megawealth01:
I don plan when to secure my huge invested CAPITAL first maybe leave the profit there

ETI still get plenty work to do anyways

True, but they are getting there. They took a hit in Nigeria due to forbearance loans. This year should be juicier.

mikeapollo:
If a lifeless UBA could be this ''sexy'' to you, I wonder how you would describe Agba's babes who attract all his attention, vibes, energy etc.?

UBA and Access are in the same whatsappgroup

megawealth01:

You and this your laugh. But Na lie I talk? Analysts will start recommending at N70

BabsO2:
All offers cleared on the floor in first hour of market open. Market waiting for more offers. This dividend resumption after two years pause coupled with improved fundamentals is making ETI attractive for dividend investors once again.

I realty hope people bought their ETI.

Now watch as analysts start to recommend the stock

jckgroup1:
Positive market sentiment

UBA will pay at least 2x of ETI proposed dividend.

UBA is sexy but it's not armed robber sexy.

PS I don't care for dividends when measuring sexiness

shalomblue:
Believe it or not,Nsempa is the reddit of Nigeria.Eti is moving and moving so fast.
Thank God I entered the bus since sha.I dont joke with low PE stocks

Those offers need to dry up fast.

Anyway lets see what Q1 results bring

Sunrisepebble:
Why would Zenith bank be grossly overvalued if it’s trading below its book value ?

So that means ETI is undervalued

Streetinvestor2:
U go see red tomorrow @ #2 dividend ..lol
I hope you bought hero today

I already have my next two target stocks in my sights. I am waiting for a blood bath in the market before pulling the trigger.

As usual after I finish buying I go start to market am.

PS I am not selling ETI yet. I have a target price and I will mention after I sell the portion I plan to sell.

Streetinvestor2:
U go see red tomorrow @ #2 dividend ..lol
I hope you bought hero today

Based on Zenith bank audited 2025 result
EPS: N25.32
Return on Equity: 21.12%
Book Value per share: N119.90
Retained earnings per share: N68.38

Based on Ecobank audited 2025 result
EPS: N26.13
Return on Equity: 21.71%
Book Value per share: N120.35
Retained earnings per share: N105.46

I can't predict daily price movement but either Zenith bank is grossly over valued or Ecobank is grossly under valued. Either way I pin

Streetinvestor2:
It must be Iranian rock that u can catch with basket in the air..lol

I don't understand

ukay2:
Good one from ETi.....

Did you buy your ETI?

BabsO2:
That's about 10% of EPS being paid out. And about 5% dividend yield. That dividend yield is poor compared to the Zenith or GTCO. At current market price a PE of 2 is not bad if the EPS can be sustained.

Quarterly results should be huge improvements.

Hopefully the rocket will be ignited tomorrow.

Agbalowomeri:
Oga Nosa your food don land

https://doclib.ngxgroup.com/Financial_NewsDocs/46650_ECOBANK_TRANSNATIONAL_INCORPORATED-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_APRIL_2026.pdf

Thank you my brother.

I hope people bought their ETI

talk2me2:
Those who buy ETI have their reasons dividend is not one of them

This na maximum groove.

I wasn't expecting a dividend for at least 2 years.

Oh well

Mankind2024:
Sacrifice your ETI holding for ACCESS and embrace the opportunity cost.

What's the return of equity for ETI?

What's the return of equity for access?

Know this and know why I love me some ETI

HesInMe:
But that's the point of discussions like these: Illuminating whether the choice to buy ETI over ACCESSCORP -- or, more technically, whether to overweight the former relative to the latter in a portfolio -- was a smart one with the info at hand.

Here, we actually have two almost perfectly comparable banks, with roughly similar deposit bases, pan-African strategies, and valuations -- but different asset mix under the hood.

But yes: It is not a crime to buy, and promote, the poorer choice. Never say never.

Make you sha buy some ETI

isaacosas01:
I agree with you 100%.

Even simply asking a room of 100 people who has an Eco account vs an Access account it would be 99 - 1 in favour of access.

If you want to buy an undervalued bank stock, it should be Access.

Why is it either or?

People can choose to buy both companies. I choose to buy ETI and not access. And since I only promote what I own I won't promote access. However you are free to promote access if you so choose.

PS will you be buying ETI today?

crownprince2017:
It seems you are the one that lacks the knowledge of how tariff works here.

Let flip It a bit for you may be you will understand it, government used to charge 35% on all cpo imported into the country before but now change the rate to 28+.

Where as cpo in the world has risen with about 20% in the world in the last two months and it's projected to rise by another 15-20% by june if Indonesia fully implement her b50 mandates as projected by july 1.


Now tell me how local producer will not continue to eat fat, mind you, the local producers price mirror cost of landing cpo from Malaysia plus premium that is why holding these companies is seen as a edge against dollars.

Eti Nigeria is a big problem to the whole group, it's as clear as broad day light in their annual report..don't fall victim.

Duly noted.

Streetinvestor2:
Leave oga nosa he has made it clear he is here to promote what he has and possibly discredit what he doesn't have.Which yeye tariff cut. Is tariff cut going to make any difference to those exporting it.
Nigerians are making good money exporting palm oil now.I even thought the government previously placed ban on export of the product because we are not meeting local demand

You are partly correct. What you got wrong is that I don't discredit what I don't own. I may be selfish but my views are always honest

unite4real:
Maybe you should educate us that when import tariff is reduced in Nigeria, the international price of CPO will go down, the scarcity of CPO due to weather and biofuel conversation will be reversed
You only concentrate on the reduction in the import tariff. Is that the only factor that determines the end user price?
I am cork sure if you have a superior explanation, you will not waste time to do so. After all you have been busy engaging folks on ETI without relenting. Please use same energy to explain this tariff thing to us. Many of us might learn something we are not aware of.

Haha, nice try!

The one way I can think off that will give me skin in the game has if we're have this conversation on ngxforum.com

That way I will be generating traffic and content for the site