₦airaland Forum

Mpeace:
Aradel selling at 814(not officially moved) it's like dividends will make sense

I pray Aradel keeps going up and even enter N1k and higher. So Seplat and Aradel would be selling in N'000.
With that, other upstream oil companies can also easily join them in that league once they clean their books and start paying good dividends.
I did not mention any company, so don't come bash my team and our ''prophet'' ooo!

.

Mpeace:
Aradel is on its 52wk high

Yes but it has reached 805 before. I see it approaching the 1000 Naira mark before the end of the year.

EDUECO:
ACCESSCORP is an uncommon stocks and as such it will reward the discerning and intelligent investors in due time!

If ACCESSCORP's Q1 2025 EPS was around ₦4;I am very sure its 2025 full year EPS cannot be least than ₦8. Therefore, payment of a ₦3 dividend for 2025 financial year is certain.

SohSoh is back
The time they reported EPS N16 wetin dey pay?

Agbalowomeri:
SohSoh is back
The time they reported EPS N16 wetin dey pay?

Lol

We have said this several times times ACCESSCORP and OANDO are simply good for JIJO, Know this and know peace.


BARGAIN HUNTERS TAKE NOTE!

Japaulgold buyers are mopping at 2.50 precisely.

Those with millions of units should save our time by selling off at 2.50 fast fast.

Xmas Ram don begin hungry Loco seriously

PETERiCHY:
We have said this several times times ACCESSCORP and OANDO are simply good for JIJO, Know this and know peace.


BARGAIN HUNTERS TAKE NOTE!

It is a great disrespect to compare ACCESSCORP to Oando(Yahooze Oil Company)!

Agbalowomeri:
SohSoh is back
The time they reported EPS N16 wetin dey pay?

This 70 years old man, ACCESSCORP is not First Bank(aka Last Bank).

Access Holdings Q3 2025, riding on Strong Growth Momentum Amid Strategic Expansion

By Gilbert Ayoola

Access Holdings Plc has published its long-awaited audited interim financial statements for the half-year ended June 30, 2025. The delay attributed to the complex post-acquisition audits of recently acquired subsidiaries, including the National Bank of Kenya, Standard Chartered’s Tanzania operations, and AfrAsia Bank Mauritius did little to dampen investor enthusiasm, as the results reflect a strong performance across all core indicators.

This publication marks a pivotal moment in Access Holdings’ journey towards becoming Africa’s gateway to the world. The group's results underscore not only solid organic growth but also early returns from its aggressive regional expansion and digital strategy.

Access Holdings delivered a near 88% year-on-year increase in gross earnings, driven by a robust 86.2% jump in interest income as the group expanded its loan portfolio. Loan growth, which increased by N6.4 trillion, fueled higher interest margins amid favourable macroeconomic lending conditions across key African markets.

Additionally, non-interest income rose significantly (+92.6%) to N728 billion. This was buoyed by increased earnings from digital banking channels, trade services, and FX-related operations in frontier markets, especially as Access leverages its pan-African footprint.

Despite an 81% rise in operating expenses attributable to inflationary pressures and integration costs of new subsidiaries, the Group improved its cost-to-income ratio slightly to 54.7%, from 55.2% in H1 2024. This signals better cost discipline and synergies from digital infrastructure and centralised operations across regional subsidiaries.

The Group’s balance sheet grew impressively, with total assets surging by 61.2% year-on-year to N32.5 trillion. Customer deposits grew by N8.3 trillion (+67.0%), reflecting rising customer confidence in Access’ brand and network, especially in East and Southern Africa.

The Group’s Tier 1 capital adequacy ratio of 18.2% well exceeds regulatory benchmarks, underlining strong capitalisation and a prudent risk approach in the face of ongoing integrations.

The decline in the non-performing loan ratio to 3.8% (from 4.2%) demonstrates Access Holdings’ proactive credit risk management. With a provisioning buffer of N456 billion, the Group has adequately insulated itself from potential regional credit shocks, especially in volatile frontier markets.

While no interim dividend has been declared for the half-year period, the decision reflects the Group’s forward-looking reinvestment approach. The retained earnings are expected to be channelled into strengthening newly acquired operations, enhancing digital capabilities, and boosting continental presence moves likely to deliver long-term value to shareholders.

Access Holdings shares are currently trading at N24.45 per share. With an EPS of N8.45, this implies a Price-to-Earnings (P/E) ratio of 2.89x, significantly undervalued compared to sector averages on the NGX (typically in the 4.5x - 6.5x range).

This low valuation, paired with high earnings growth and a rising ROE (Return on Equity), positions Access Holdings as one of the most compelling value plays on the Nigerian Exchange in 2025.

Investor's Recommendation: STRONG BUY

In view of the Group’s:

Strong earnings momentum and double-digit growth in all key metrics,

Ongoing regional integration of strategic acquisitions,

Solid capital base and efficient cost structure,

Undervalued stock price and

Positive asset quality outlook,

we issue a “STRONG BUY” recommendation for Access Holdings Plc. The Group’s strategy of building a diversified, digital-led pan-African financial services powerhouse is clearly yielding results, with significant room for upward re-rating in both earnings and share price.

With a target price (12-month) of N35.00 - N38.00, while posing potential upside of 43% - 55%

Access Holdings has successfully transitioned from being Nigeria’s largest retail bank to a diversified financial conglomerate with strong regional influence. Its 2025 half-year results show that the Group is not just growing but doing so profitably and sustainably.

With continued focus on digital innovation, operational efficiency, and strategic reinvestment, Access Holdings is well-positioned to deliver long-term value for shareholders and reshape the African banking narrative.

It seems they have started with Asosaving.

EDUECO:
Access Holdings Q3 2025, riding on Strong Growth Momentum Amid Strategic Expansion

By Gilbert Ayoola

Access Holdings Plc has published its long-awaited audited interim financial statements for the half-year ended June 30, 2025. The delay attributed to the complex post-acquisition audits of recently acquired subsidiaries, including the National Bank of Kenya, Standard Chartered’s Tanzania operations, and AfrAsia Bank Mauritius did little to dampen investor enthusiasm, as the results reflect a strong performance across all core indicators.

This publication marks a pivotal moment in Access Holdings’ journey towards becoming Africa’s gateway to the world. The group's results underscore not only solid organic growth but also early returns from its aggressive regional expansion and digital strategy.

Access Holdings delivered a near 88% year-on-year increase in gross earnings, driven by a robust 86.2% jump in interest income as the group expanded its loan portfolio. Loan growth, which increased by N6.4 trillion, fueled higher interest margins amid favourable macroeconomic lending conditions across key African markets.

Additionally, non-interest income rose significantly (+92.6%) to N728 billion. This was buoyed by increased earnings from digital banking channels, trade services, and FX-related operations in frontier markets, especially as Access leverages its pan-African footprint.

Despite an 81% rise in operating expenses attributable to inflationary pressures and integration costs of new subsidiaries, the Group improved its cost-to-income ratio slightly to 54.7%, from 55.2% in H1 2024. This signals better cost discipline and synergies from digital infrastructure and centralised operations across regional subsidiaries.

The Group’s balance sheet grew impressively, with total assets surging by 61.2% year-on-year to N32.5 trillion. Customer deposits grew by N8.3 trillion (+67.0%), reflecting rising customer confidence in Access’ brand and network, especially in East and Southern Africa.

The Group’s Tier 1 capital adequacy ratio of 18.2% well exceeds regulatory benchmarks, underlining strong capitalisation and a prudent risk approach in the face of ongoing integrations.

The decline in the non-performing loan ratio to 3.8% (from 4.2%) demonstrates Access Holdings’ proactive credit risk management. With a provisioning buffer of N456 billion, the Group has adequately insulated itself from potential regional credit shocks, especially in volatile frontier markets.

While no interim dividend has been declared for the half-year period, the decision reflects the Group’s forward-looking reinvestment approach. The retained earnings are expected to be channelled into strengthening newly acquired operations, enhancing digital capabilities, and boosting continental presence moves likely to deliver long-term value to shareholders.

Access Holdings shares are currently trading at N24.45 per share. With an EPS of N8.45, this implies a Price-to-Earnings (P/E) ratio of 2.89x, significantly undervalued compared to sector averages on the NGX (typically in the 4.5x - 6.5x range).

This low valuation, paired with high earnings growth and a rising ROE (Return on Equity), positions Access Holdings as one of the most compelling value plays on the Nigerian Exchange in 2025.

Investor's Recommendation: STRONG BUY

In view of the Group’s:

Strong earnings momentum and double-digit growth in all key metrics,

Ongoing regional integration of strategic acquisitions,

Solid capital base and efficient cost structure,

Undervalued stock price and

Positive asset quality outlook,

we issue a “STRONG BUY” recommendation for Access Holdings Plc. The Group’s strategy of building a diversified, digital-led pan-African financial services powerhouse is clearly yielding results, with significant room for upward re-rating in both earnings and share price.

With a target price (12-month) of N35.00 - N38.00, while posing potential upside of 43% - 55%

Access Holdings has successfully transitioned from being Nigeria’s largest retail bank to a diversified financial conglomerate with strong regional influence. Its 2025 half-year results show that the Group is not just growing but doing so profitably and sustainably.

With continued focus on digital innovation, operational efficiency, and strategic reinvestment, Access Holdings is well-positioned to deliver long-term value for shareholders and reshape the African banking narrative.

Is like this is the result that will be released?

Sunrisepebble:
.

Come and drop more Expo biko

edwardaigb:
It seems they have started with Asosaving.

They are doing apc work thr..lol
My sch fees analysis price is #5.

zendi:
After you say Dump yesterday.
Your mouth no go kee you.
Oga Mike just dey pity you.

You don't know Marsdonna

EDUECO:
Is like this is the result that will be released?

fake report. Just look at the P/E ratio on the report. The writer must be a rookie. how can you divide the share price by the 6 months EPS and arrive at the PE ratio. What happened to either a trailing 12 months or annualized?

A report that did not capture key highlights like Profit for the period.

believe this at your own peril

Insurance stocks.

Most insurance stocks are in accumulation mode right.
Next rally go be waoh.
I wonder why Royalex is yet to do 3.50 at this time.
People will beg to buy Royalex at above 3.50 in the next 3 months.
Opportunity is presenting itself now.
Align with insurance companies if you have the funds

unite4real:
fake report. Just look at the P/E ratio on the report. The writer must be a rookie. how can you divide the share price by the 6 months EPS and arrive at the PE ratio. What happened to either a trailing 12 months or annualized?

A report that did not capture key highlights like Profit for the period.

believe this at your own peril

Alright

Locotrader:
Insurance stocks.

Most insurance stocks are in accumulation mode right.
Next rally go be waoh.
I wonder why Royalex is yet to do 3.50 at this time.
People will beg to buy Royalex at above 3.50 in the next 3 months.
Opportunity is presenting itself now.
Align with insurance companies if you have the funds

You never still change?

You're still in the business of marketing low quality stocks.

mikeapollo:
And there is always some information asymmetry in the market, so not all information is available to all market participants at all times, hence the price does not always reflect all information about a stock

Exactly and a more complete way to express that would be: The current price is a summation of activity shaped by the hand of conviction, guided by information seen and unseen.

This Japaulgold wey don almost enter full offer bayi👀👀. Make I still dey wait for my ideal target entry?

Firstbank wey dey make me reason say them don ready to move is now going south south

Phlinx:
Exactly and a more complete way to express that would be: The current price is a summation of activity shaped by the hand of conviction, guided by information seen and unseen.

Kai! So many professors on NGX.!
Wetin this money matter go cause eh?

Ginalex:
This Japaulgold wey don almost enter full offer bayi👀👀. Make I still dey wait for my ideal target entry?

Firstbank wey dey make me reason say them don ready to move is now going south south

Greed can make someone to loose fortunes.
There is no other time to buy Japaul cheapest than now.
The people buying huge volumes are doing so at 2.50.
This will only last for a while.
Next regret will be ; Chai I saw Japaul at 2 .50 some weeks ago but I was waiting for my ideal target entry ....

Note that last private placement was done at same 2.50.The current price is an opportunity that shouldn't be missed by retail investors.

Ginalex:
This Japaulgold wey don almost enter full offer bayi👀👀. Make I still dey wait for my ideal target entry?

Firstbank wey dey make me reason say them don ready to move is now going south south

You are well experienced with long-suffering

omo
no go buy plenty units of somethin dat one day wen u wan sell..e go b a long ting
b careful wid d toke dey one old man dey push hard lememba e go rise up for two mins na one short round e go last
meanwhile d real gs b d one wey dey load empty hen nan stap
d dark one too go still come again
buh fo naw if u wan d big goat for the christas time
d empty hen u must carry ontop ur head pia pia
ova & out

Market cap now at N99trn.

Someone should please push BUAFOODS, let's seal this N100trn this week.

empty hen wey gon lay plenty planty egg
d egg too go special...d egg wey no b white e go yellow

Locotrader:
Greed can make someone to loose fortunes.
There is no other time to buy Japaul cheapest than now.
The people buying huge volumes are doing so at 2.50.
This will only last for a while.
Next regret will be ; Chai I saw Japaul at 2 .50 some weeks ago but I was waiting for my ideal target entry ....

Note that last private placement was done at same 2.50.The current price is an opportunity that shouldn't be missed by retail investors.

It's not "greed" sir. If I "miss" this opportunity, there'll definitely be others

Agbalowomeri:
You are well experienced with long-suffering

one thing it has taught me is never to chase a moving stock

Locotrader:
Greed can make someone to loose fortunes.
There is no other time to buy Japaul cheapest than now.
The people buying huge volumes are doing so at 2.50.
This will only last for a while.
Next regret will be ; Chai I saw Japaul at 2 .50 some weeks ago but I was waiting for my ideal target entry ....

Note that last private placement was done at same 2.50.The current price is an opportunity that shouldn't be missed by retail investors.

Leave am nawu
No be everybody get our kind risk appetite

Ginalex:
It's not "greed" sir. If I "miss" this opportunity, there'll definitely be others

Of course there will always be opportunities in this market but one thing is to know when the opportunity is at its peak.

As you said you have learnt not to chase a moving train.
Also learn to make good use of opportunity.
There are some opportunities that will not repeat same again in life.
Nacho was once at N2 and presented opportunity for investors,today it's no more at that level and can't come to that level again as long as the company keeps improving.

All I am saying is don't because opportunities abound and you missed the critical ones.

You are doing well using Pa Emma method