₦airaland Forum

nosa2:
No it hasn't. One day movement does not define a trend.

PS right now my price Target has dropped to N7

I don't see the price going below N20 with what they have done so far.
The company is doing extremely well in growing their business. The only question for me is if the management could be trusted to deliver in the long run.

Yoursfaithful:
@Agba and Megawealth oya oo..market don come o..another billionaire opportunity don come since una like crypto or bitcoin o...now it JapaulGold coin o.. . No be after 10yrs now una go say una for don buy now o

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Live Market Statistics
-Current Price: ~$144.00 - $145.00 USD (varies by exchange)

-Equivalent in NGN: Approximately ₦199,800 to ₦200,000 NGN per coin

-Blockchain: Operates primarily on the Ethereum platform

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Is this a joke or what?

https://nairametrics.com/2026/05/25/nigerian-aviation-handling-company-director-cashes-out-n491-2-million-in-may-share-sale/

Could this be Emma

ositadima1:
I thought you were a TA guy? Why the aggression?

All my oga for TA on this forum have all run away
You can be the new TA champion

ositadima1:
That was not all I said. I said you could have entered at ₦20, and that even ₦30 made your ₦37 argument late compared to TA. Abi, you didn’t see that part?

Let us leave this one.
Which stock are you recommending now using your TA tools.

ositadima1:
What exactly is the meaning of this post and the big mocking banner that follows it? What is the writer trying to imply? I’m not attacking you ooo, I’m just trying to understand the point being made.

You can also do same by telling people to use TA when they want to buy stocks.

nosa2:
The problem with this entire conversation is that there is no right way to do things and it is not a competition. We all have different temperaments and objectives and as such our approach and levels of comfort will be very different.

I don't think anyone has ever said we can only make money with one strategy.
I just feel traders don't like their stock picks to be discussed and analyzed.
If you are an FA person , you will gladly welcome a detailed analysis of the company of your interest.

KarlTom:
JAIZ AFS '25

https://doclib.ngxgroup.com/Financial_NewsDocs/47013_JAIZ_BANK_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_MAY_2026.pdf

This one fit carry the trophy for the most expensive bank on NGX

aj8:
https://doclib.ngxgroup.com/Financial_NewsDocs/38_INSIDER_DEALING-_SMARTCITY1-NGX_APPROVED.pdf






FYI

It is a season of cash out

emmanuelewumi:
Nigerians no get joy sha

Zichis will still rise again.
Don't kill the shellholders with your meme.

emmanuelewumi:
We think some people have over 20 years experience trading or investing on NGX.

But what they have is 6 months experience repeated over 40 times or best case scenario a year experience repeated over 20 times


Some people who joined NGX 4 years ago are better as per financial and investment education compared to some of these so called veterans

Who offended you like this
It is ok nauw.

emmanuelewumi:
PENCOM just gave approval to Pension Fund Managers, that they can invest in the IPO of Dangote Refinery.

Pension Fund Managers should be able to raise N1 Trillion for the offer

This will give the pricing a higher premium.

More than 43b expended on FBN so far.
Ote$ get level

emmanuelewumi:
You remember Afroil.

A company that could not pay the rent at Ajao Estate and got quit notice 5 years earlier, got over 500% in capital during the bull era.

Afroil was in the down stream sector of NGX and was the cheapest in the sector at N1.00, after investors made money from Mobil, AP, Total etc they started using the profit to buy Afroil and the stock was on full bid for weeks.

At the end of the day, the stock crash and the business went into oblivion

There is nothing you will say to people who have experienced only bull market that would make them listen when you advise them against buying junk or overvalued stocks.

GeneralDae:
$50 Billion?? Isn’t that an overvaluation? Anyway, we wait and see.

No be IPO
Overvaluation na normal thing

mikeapollo:
Ikeja Hotel selling at N35 plus for a dividend of 33k? Na wa ooo!

Where did you see a dividend of 33k

Agbalowomeri:
They should just shut down dividend for 5 years and build equity to 4 trillion
Abi my suggestion no good?

lol.
That would have been a good idea if the managers could be trusted

nosa2:
My spreadsheet flagged it as well. Projected ROE is over 147%. I haven't had time to go through the books but the unusually high ROE made me think there is something wrong with the numbers

Look well o.
The bank is doing well no doubt but the eps is annualized and not just for one quarter.

nosa2:
I'm telling you. Down about 11% and counting.

Forward PE: 1.67
Price to book: 0.3

Who price epp? Make market dey do tombolo tombolo dey go.

Access might be going back to N20 again.
We will go and wait at that junction.

nosa2:
I no sure say I go sell Access soon.

I am reading the bearish analysis/comments but I think everything being mentioned right now is either gossip or has been factored into the price.

For a bank to be trading at 33% of book value no be beans oh. A lot of negativity has been priced into that valuation

Most of those making comments about access bank have not read the financial statements. It is more of gossip and sentiment.

rmx:
Those inefficiencies are to a few peoples benefit , maybe deliberate

I believe that in all those expansion across Africa were embedded some deals for the boys , that era is hopefully over now with the cbn directive and posture

The narrative that those expansion across Africa are not bringing in profit should be ignored as they have no factual basis. More like a beer parlor gist
Access has branches in about 14 countries in Africa. From 2025 AFS, it is only in two countries that losses were made. If we aggregate the Africa operations, the balance sheet and the profit margins are even better than the Nigeria branch.

nosa2:
I didn't make my post expecting 99% of the readers to agree with me. For practically all our lives we have been told that corruption and electricity are the two biggest problems Nigeria faces. When in reality, the belief that corruption and electricity are the biggest issues is actually the biggest issue.

We could spend the next few hours debating this claim, and maybe I would be able to convince one or two people but at the end of the day it will be like trying to drain the ocean using a tea spoon.

That was how we ended with the calamitous Buhari.
The erroneous belief that corruption is our biggest problem and that Buhari would be able to tackle it. Once he did, that 99% of our problems would be solved so we were told. That was how they packaged a dullard to be voted a president. We are at it again.

aj8:
Good Saturday morning BabsO2, Wema is probably the only Bank spelling it out in their weighted average. You can do the maths for UBA and ETI and kindly reflect it here if it differs. I did the maths, but willing to take corrections if they differ. At least we are stimulating discussions to improve our stock picks. Iron sharpenth iron.

I really appreciate you for your contribution on this forum.
I have two major concerns with access bank. One is the fair value and foreign exchange gain of about N220b ( over N1 trillion in full year 2025). I am still going through the report to see what exactly they are doing differently from others that they are still earning this huge amount from this line item.
Do you think this is sustainable?

ojeysky:
You mean UBA made an announcement similar to what access made? at: https://theaccesscorporation.com/wp-content/uploads/2026/03/Access_Holdings_NGX_Announcement_FEB.pdf

Do you mind sharing reference to that? I may have missed it. If it is true then I stand corrected not only access played dirty in this context then

https://doclib.ngxgroup.com/Financial_NewsDocs/45673_UNITED_BANK_FOR_AFRICA_PLC-_NOTICES_OF_BOARD_MEETING_(BM)_-_NOTICE_BOARD_MEETING_(BM)_JANUARY_2026.pdf

Yoursfaithful:
Leave am make he dey explain..what's the benefit of investment without single return to shareholders..no emotions in this market.any stock that underperform we move..we come back when they are ready for business and tidy up their books

We the latest results from access, the bank is definitely a buy.
I just don't think it is necessary for someone to think he has to defend a stock because he has a stake. The market should be allowed to do it's thing. Anyone that wants to sell should sell and those who want to buy should buy.

EDUECO:
I am buying more ACCESSCORP shares for my Investment or Dividend portfolio.

ACCESSCORP is grossly undervalued with respect to its asset and equity.

I don't think you need this.
You are not the only one that holds access.

Agbalowomeri:
What about me that have categorically stated for months that ACCESS will not pay dividend? You don praise me?

Na you cause am. Access would have paid dividend