₦airaland Forum

I don run for now. Bear may be lurking around. NGX don try for me. We go again in few weeks time. Meanwhile, we hibernate for Cowrywise for now.

Waow.. See Ikeja hotels at 40+. It was below 10 just about a year ago.

iHaveMadeiT2:
Waow.. See Ikeja hotels at 40+. It was below 10 just about a year ago.

It was even N1 about 3 years ago

Has anyone seen Legend Internet financial results?

mikeapollo:
It was even N1 about 3 years ago

See money! Na wa o

iHaveMadeiT2:
I don run for now. Bear may be lurking around. NGX don try for me. We go again in few weeks time. Meanwhile, we hibernate for Cowrywise for now.

You don chop your voice don thick

They've moved DANGCEM!
Now @798.60!
Up with +N72.30..

PRESCO moved, now @2,015!
Up with +N115!

GUINNESS @320!

Someone will now tell me say OANDO no go touch 200 at least! 😳
Didn't Wale see what's happening in market?
We dey here dey observe

Presco at All Time High of N2015

yMcy56:
They've moved DANGCEM!
Now @798.60!
Up with +N72.30..

PRESCO moved, now @2,015!
Up with +N115!

What's the price of Access bank

vacanci:
you left Canada to Borno state, Nigeria

I can always come back. Which investor will accept to pick up his rights if the price at the floor doesn't become higher than right issue price? If Baba Wale doesn't know what's up let him sleep on it naa.

uba tryin to push to 50 !!

January inflation at 15.1%

ogoo4real:
What's the price of Access bank

ACCESS officially @26.40.....as at now

ZENITH @87, 88, 89
UBA @50
BUACEMENT @203

The funds entering though! Haa!

[quote author=yMcy56 post=138485681]ACCESS officially @26.40.....as at now

ZENITH @87
UBA @50
BUACEMENT @203[/quote



Thanks for the update sis

Sunrisepebble:
There’s nothing in the company based on fundamanetals yet but I’ve bought a small position to see if market can carry me to where I don’t know

In other words, this decision is based on TIPSY analysis right.
Abeg no be only una know how to give name to every type of analysis jaree.
Make I laugh like my oga Agba

No sir.

However, the debt-to-equity is very necessary, and I believe it will come later this year. Possibly bonds and PP...

robobo:
Hello Chief

is there a debt to equity in the recent notIfIcation?

i only saw that of RI

yMcy56:
Oh okay.
I thought you had insider info that Friday.
No vex.

If OANDO didnt go up immediately, then those insider boys are at work for the Masters and they have other better reasons for it.....
Reasons like: they don't want many holders to participate in the Rights, so they won't want the Rights to be attractive to them.....
Once they're done sharing the RI among the big boys, they'll come and move it to their target price....

* Come to think of it:
Which set of people could have been in possession of those humongous volumes?
Na Dem Dem nah.

** If they're not shaking off weak hands to mop-up as much free float as possible, then they're deliberately supplying volumes to make the RI unattractive to common holders because they have those taking it up already**

MCY Perhaps the bolded may be the case because the rate at which my orders at 44 were filling up before it drops even close to market closing time today was surprising. Doesn't the sellers want another 10% tomorrow?

At least JAPAULGOLD drags for over an hour before filling despite my order being exactly at +10%

yMcy56:
ACCESS officially @26.40.....as at now

ZENITH @87, 88, 89
UBA @50
BUACEMENT @203

The funds entering though! Haa!

Lets put it another way

Access Bank Forward PE 2.48
Zenith Bank Forward PE 3.61
UBA Forward PE 2.97

This journey is just starting. Bank stocks are still GROSSLY UNDER VALUED!!!!!

P.S I don't care about BUA cement.

yMcy56:
ACCESS officially @26.40.....as at now

ZENITH @87, 88, 89
UBA @50
BUACEMENT @203

The funds entering though! Haa!

Una don really hammar

Oga Nosa don quietly go hide dey chop his Zenith bank loot

nosa2:
Lets put it another way

Access Bank Forward PE 2.48
Zenith Bank Forward PE 3.61
UBA Forward PE 2.97

This journey is just starting. Bank stocks are still GROSSLY UNDER VALUED!!!!!

P.S I don't care about BUA cement.

E be like you came out the same time I mentioned your name. You be your papa pikin

Valthegreat:
MCY Perhaps the bolded may be the case because the rate at which my orders at 44 were filling up before it drops even close to market closing time today was surprising. Doesn't the sellers want another 10% tomorrow?

Those guys have game plans....
Sometimes we can never know what they're up to, but with debt restructuring on course, patience is required, they'll eventually move it to their desired target price I blvd.
It's now back on full bid....

*Btw, you can't base your evaluation on just one day's trading....
All these other ones have some news and things going on for them before now.....
* If you can't take the heat, you fit leave the kitchen 😁
We still dey 😁

Agbalowomeri:
E be like you came out the same time I mentioned your name. You be your papa pikin

Hehe!! I am just reminiscing about those times people were arguing that banks don't make real profit and as such the discount was justified. Anyway its time to start hunting for the next opportunity, need to put these eventual profits somewhere.

As usual I will post after I buy, might post only on NGXforum though.

* SEPLAT @9,240...
Waiting for 100k to move the pric

* ARADEL @1,090

* OANDO @44 full bid

Agbalowomeri:
Una don really hammar

Oga Nosa don quietly go hide dey chop his Zenith bank loot

These banks are still under valued oh. GTB at 120 only has a forward PE of 4.76. So the journey is still very far

yMcy56:
* SEPLAT @9,240...
Waiting for 100k to move the pric

* ARADEL @1,090
No 100k single crossing yet.....

* OANDO @44 full bid

This is for the big boys in NGX.

Is the market going crazy?! ASI is at190K!

I thought 180k at Q1's end was exceptional but at 190K, I'm getting scared o. .

I have been waiting for a pull back for some weeks now but there's no sign of that yet.

I love the greens but I am cautious too.

As it is, how much correction will be healthy for stocks like MTN, GTB, Aradel & the likes ?

@Agba @Sunrisepebble @Pa Emma

elpaso007:
Is the market going crazy?! ASI is at190K!

I thought 180k at Q1's end was exceptional but at 190K, I'm getting scared o. .

I have been waiting for a pull back for some weeks now but there's no sign of that yet.

I love the greens but I am cautious too.

As it is, how much correction will be healthy for stocks like MTN, GTB, Aradel & the likes ?

@Agba @Sunrisepebble @Pa Emma

Don't look at prices look at valuations. Knowing when to sell is important and valuation should be your guide. I hope you noticed that I was quoting forward PE when referring to my holdings not the price.

Market trades still lagging @12:30

yMcy56:
* SEPLAT @9,240...
Waiting for 100k to move the pric

* ARADEL @1,090
No 100k single crossing yet.....

* OANDO @44 full bid

Aradel moved officially since this morning

faoogoke:
United Bank for Africa (UBA), Zenith Bank and Access Corp are projected to deliver the strongest risk-adjusted returns among Tier-1 lenders in 2026, driven by capital appreciation and dividend strength.

This is according to analysts at CardinalStone Research in their latest “CardinalStone Banking Strategy Report,” published on Tuesday, February 10, 2026.

The report outlines projected total returns across major Nigerian banks, highlighting earnings recovery, valuation gaps and improving balance sheets as key drivers of performance, while also identifying underperformers within both Tier-1 and Tier-2 segments.

Access bank will still be cheap at N40. Just relax and be sipping your wine, let the analysts be doing tombolo tombolo up and down. na now dem dey wake up

I presume not.

Except there's already an agreement in place..

GeeKudi:
You don't think the per cost of that conversion is already detrrmined?