₦airaland Forum

sterlingD:
And Access bank is on again

https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/Access_Holdings_-_Acquisition_of_Bidvest.pdf

Locotrader:
Chams
Traffic⛔ underway
Keys collected from the vendors.

Good morning

Locotrader:
Because he quick ejaculated without reaching orgasm.

cocolacec:
Conoil @387.20

Raider76:
Some people still want to sell FBNH @ 28 to 29, and then buy their RI @25. If you have 40m shares the margin is significant.

chimex38:
I bin think say late Wigwe 🙏 dey over exert himself..
Now I know say him dey learn work for where Aigboje dey.
Let it work out for them sha.

KarlTom:
SEPLAT

https://doclib.ngxgroup.com/Financial_NewsDocs/42694_SEPLAT_ENERGY_PLC-CORPORATE_ANNOUNCEMENT_ON_COMPLETION_SEPLAT__CORPORATE_ACTIONS_DECEMBER_2024.pdf

sterlingD:
Africa prudential @15.70

jideflash:
They have a 5 year strategic expansion plan using M&A. Nothing surprising here.
https://www.thisdaylive.com/index.php/2023/01/18/in-new-5-year-strategic-plan-access-corporation-outlines-measures-to-deepen-financial-services-in-africa/

chimex38:
I get.. I think @KarlTom has also posted sth similar.. Thanks.

My angle is that most times the exit of a Leader or front-runner does not usually guarantee the continued direction of his/her successor and even at that, it's usually at a much slower pace.
But Access case come different. They even became more aggressive in same direction

megawealth01:
They have shared vision... Remember na the duo dey run things

Omooloriredade:
Market reaction to the news?........... Not surprised.

Sunrisepebble:
This has been on for two years, and most definitely factored into the price already, what reaction is expected again?

Omooloriredade:
Probably plus Seplat was already more expensive than peers particularly Aradel.

Going on offer may be an over-reaction though but some punters were looking to sell the news.

Locotrader:
Chams
Traffic⛔ underway
Keys collected from the vendors.

Good morning

Locotrader:
Chams
Traffic⛔ underway
Keys collected from the vendors.

Good morning

Raider76:
FBNH RI closes today. Any talk of extension?

Raider76:
FBNH RI closes today. Any talk of extension?

Princkez:
yes...30th Dec.

jideflash:
They have a 5 year strategic expansion plan using M&A. Nothing surprising here.
https://www.thisdaylive.com/index.php/2023/01/18/in-new-5-year-strategic-plan-access-corporation-outlines-measures-to-deepen-financial-services-in-africa/

BHG:
It noted that Access Bank also registered successes across its ambition and vision over the past five years.

“By 2027, we expect the Nigeria Bank to be contributing about 52 per cent of revenues compared to about 82 per cent (nine- month 2022). The new verticals will also be contributing about 12 per cent of total revenues, as revenues from African subsidiaries is expected to double over the next five years.

“Profit Before Tax contributions from Nigeria bank is expected to reduce from about 63 per cent (9M’22) to about 33 per cent, while the new verticals are expected to contribute about 19 per cent of the profitability by 2027, while African Subsidiaries will contribute about 20 per cent as our footprint grows across the continent,” it stated.

According to Access Corporation, also known as Access Holdings Plc, by the end of 2027, it expects to have presence in at least 26 countries and in at least three organisations for Economic Co-operation and Development (OECD) countries supporting trade (United Kingdom, France & United States of America).

It projected that its customer acquisition drive would hit 100 million for the Retail Business by 2027 and would continue as it migrates majority of customers to digital platforms by 2027 across all touchpoints.

“Our primary focus on trade is to leverage established presence across trade and financial hubs across the world to continue driving trade outputs. Presence in London, Dubai, Hong Kong, Lebanon, Beijing, Mumbai etc. and extensive footprint across the continent,” it added.


Eventually, if all goes well according to the excerpt from the article above, shareholders would enjoy better ROI .

ojeysky:
You and marketing eh, chams that is on red

Locotrader:
Yes we are completing our 20m units target today and its at bargain.

No more marketing on chams after today