₦airaland Forum

Mankind2024:
I am sure you did not read my write-up and advice to retail investors on AccessCorp and UBA Plc.

https://www.nairaland.com/8667583/when-portfolio-crying-may-day

An investor has little to fear about AccessCorp and UBA Plc because of temporary selling pressure, price stagnation, or even concerns arising from the non-declaration of dividends by both companies.

At around N25 for AccessCorp and N45 for UBA Plc, both stocks are still trading at what I consider decade-level discounts.

In this game we are not playing alongside each other we are playing against each other. When you see your opponent making a mistake it is not your job to correct him.

Mankind2024:
I agree with your advice to the OP.

The greatest barrier to success in the stock market is not volatility, stagnation, inflation, or even poor government policies. More often, it is the persistent fear and indecision among retail investors.

Seeking public validation and doubting one’s instincts after conducting proper due diligence can become a recipe for wealth transfer from impatient investors to patient ones.

The stories of AccessCorp and UBA Plc are no different. Many investors will voluntarily transfer wealth simply because they lack discipline, patience, and consistency.

I for vex for this post if not that I have finished buying Access.

PinkNature:
when’s the bear market?

It will creep up on us like a thief in the night.

Agbalowomeri:
Plenty blood

Dem say pigs get slaughtered, wetin zendi think say e mean?

It means Zichis and Ellah lakes will have plenty of pork meat to sell

zendi:
You can call stockmarket money blood money only as a playful joke just like I habitually call your trading profits loot.

In real terms stockmarket money is same as your proceeds from the sale of lands, house or any other assets, and never involves spilling blood.

My oga blood dey the money oh! Just hope it wont be your blood

PETERiCHY:
Of course STOCK MARKET MONEY is BLOOD MONEY 💰... If only you know how many PEOPLE have LOST their FUND & LIFE SAVINGS while ends up in PENURY & SUICIDE!!!!


BARGAIN HUNTERS TAKE NOTE! GB

megawealth01:
The stock market isn't a get rich quick syndrome ooooo

When the bears show eh

Begone oh ye prophets of doom. The bears have been slaughtered for good. We are now in an era where things only go up up up!

megawealth01:
Tip wey I dey pray make E reach sub 5

You be real thief!! People for here go beat you oh

I suspect it will hang between 10 and 15.

Agbalowomeri:


E be like say all of us don forget wetin be bearish market. Bull good o

A lot is riding on next quarter earnings. Any company wey mess up go hear am

HesInMe:


I cannot go long Access 100% nah.

Too much of a good thing is a great thing

HesInMe:
Curious to know: What do you do with the spare cash sitting in your brokerage account while waiting for the next investment opportunity to open?

You can send it to me. I promise to use it for something interesting and give you a story that will make you laugh

megawealth01:
I have phobia for insurance ooooo

E be like say me and you share the same investment umbilical cord.

The only thing that will make me invest in an insurance company is if they are insuring dangote refinery

kintus:
Oga Mega abeg no loud am. Let'snove in silence
We dun to suffer
My hand self dey pain me..

We don catch Una

Forward PE 2.36
Price to book 0.97

Sexy but not as sexy as my darling Access

megawealth01:


I buy almost all my stocks when everyone is speaking ill and don't want to have anything to do with them... Then give it time I'm audioly WEALTHY 🤑

Every single play I have made since coming back to Nigeria has not made sense to the thread consensus. If I state the kind of returns I have gotten people go shock.

If people think a stock is good I tend to be very weary of it. Some times the consensus is right but I dance to my own music

Agbalowomeri:
Na you talk consolidation

ACCESS wey don dey consolidate for 2 years. He is asking whether you can wait another 2 years Lol

If everything else remains static then I can wait 10 years but if other stocks become cheaper then I will moved my capital to where i believe it will get there most return.

Right now Access Bank is the cheapest stock on the exchange ( Based on publicly available information). Off that changes tomorrow I change accordingly

Streetinvestor2:
My oga you are not in the long game any longer. So leave the consolidation theory. How many stocks have you bought and exited this yr or will I say since the middle of last Yr.
If I here you can hold access for just 2 yrs..lol

Duly noted.

Just for clarification, what exactly is your point?

Agbalowomeri:
Lol na moral support for Oga Nosa

On a more serious note, ACCESS na long-term waiting game. Make una no lean finish before the cowboys pay the next dividend

The problem I have is that I follow a religion that forbids me to chase stocks when they are rallying. In fact in my religion buying stocks that are consolidating is the key to heaven. The longer the consolidation period the better your plot in heaven.

Agbalowomeri:
The good thing is that he has nothing to lose. ACCESS is not likely to go down below 20 if at all. Na the wait till next dividend round be Koko. At least if dem no give dividend in 2927 then 2028 is sure

Exactly!

Streetinvestor2:
The two metrics have existed as long as that scam alert has been operational. So it is not new...lol
The value it creates is never for shellholders
Agba pls explain to him in French language

Make we dey look.

You know cardinal stone has issued a buy rating for the stock with a price target of N50.

Streetinvestor2:
No bigger pictures to my so not buying..lol

My brother I work hard for my money so I dey shine my eye before releasing kobo. Loco's enthusiasm is almost infectious but the numbers behind that company stink to high heavens. I don look the thing up down left right and I just cant find a rational reason to put my money inside.

Even if they start producing gold the kind of EPS growth they will need to make the stock good is astronomical. And given the insecurity in the country I don't even see the gold production being smooth. Even if they somehow achieve smooth gold production the management has a bad history, history I witnessed first hand as a market participant.

Anyhow make una carry go. I will gladly miss the japaul boat

Agbalowomeri:
All die na die

I dey look the forward PE and Book value and the thing dey do my body somehow. This is literally free money on the ground

jckgroup1:
Loco abi Stockpromoter don create liquidity for his exit on Thursday and Friday.

Where is 10℅ daily
Target 15-20

Then Mega began partial exit... The game is the game.

One of the surest ways to lose your money is to buy a stock based on a recommendation without understanding why it was recommended and more importantly agreeing with the rationale behind the recommendation.

I understand why Loco recommends Japaul but I do not agree with him. I have also understood why my friends were buying bitcoin at $800 and I also did not agree with them.

I do not think Loco is fraudulent, I think he is just wrong or not seeing the bigger picture. Obviously I too could be wrong as I was with my friends and bitcoin.

Anyway I have rotated out of Transcorp and picked up more Access bank at N24.95.

Byankee:
I am presently at the UBA 2026 AGM and shareholders are just falling over themselves singing praising of Tony Elumelu, instead of asking critical questions.

SHAME

What questions would you like asked?

Streetinvestor2:
Thinking aloud. Does it mean companies like Dangote refinery will not have comprehensive insurance cover going by its valuation. Looking at the valuation of nigeria insurance companies that means none can render insurance services to Dangote Refinery even with the associated high risk
God forbid in the event of serious fire out break at the refinery. What happens based on insurance to such refinery

You have just accidentally stumbled accross what could be the real potential gem in this refinery.

Can Nigerian assets be insured by foreign entities? If no, which insurance companies are working with the refinery? Those might just be the smart plays here.

The refinery is in a free trade zone, does this allow them to be insured by foreign entities?

awesomeJ:
Why are your share purchases always mentioned alongside heaven falling?

By "heaven" are you referring to a celestial object like an asteroid or planet or even a giant star?

Cos I don't see how just buying access bank could possibly generate enough gravitational force to tilt such body off their set course and thus cause a collision with our planet?

Na joke I dey o 😁😁😁

No worry make market start to red first; it is then we would decide if the stock market has the ability to bring down celestial bodies

mank1234:
I'm a newbie I noticed access closed below 25. My order at 25 didn't execute on meritrade. Any explanation?

Village people are after you. Kill two goats over the weekend to appease them

Streetinvestor2:
Heaven will not fall because access management is not in charge thr...lol
It is access that will fall because the Management are scarm alert and the bank is for fraud

The same way ETI fell right?

I LAUGH IN HAUSA

feelamong:
Sell in May

Come back when again??

I aint selling jack. In fact I bought more Access today and may buy more on Monday.

If heaven wants to fall let it fall

ogawisdom:
Everywhere is red, red sea

Lets see how long people's long term can get.

The panic is coming

faoogoke:
Private placement for the Refinery is not as we know it. It is private persons indicating and asking to be part of the IPO.
They are asking for a slice of the IPO before commencement.
They are buying at the same price of the IPO.

Private placement wont be at the same price as IPO

Shalom428:
I don use the money load Transcorp. Access no gree enter my desired entry price

Transcorp is good Access is better

yMcy56:
ZICHIS on full bid @32.04.....
Maybe our 50+ will be made possible earlier than expected.....😁

* JAPAUL sighted @4+.....
Those tackling Loco should continue with their arguments, while we continue to follow the money.....😊

Fortune favors the brave

Streetinvestor2:
So you don't see anything wrong that some gave total false information just to move the SP of a stock. I don't want to believe you can go this low to move SP abi I am missing something. He didn’t share research work
So strategy of lies and deciet is welcomed by your standard

What made you think he lied?

A personal opinion cannot be a lie. For all you know he could have genuinely believed that the pictures he posted were from the site. Heck Alibaba could have used pictures from the site for their website.

My point is that when people say do your own due diligence it is not just a buzz word. You don't know me personally and as such you have no reason to trust me. Husband and wife sef no dey trust each other completely much less person wey you meet for internet