₦airaland Forum

ojeysky:
Their heavy debt remains a concern.

Financial Performance (FY 2025)
Despite the operational growth, the financial results for the year ending December 31, 2025, were volatile:

Revenue: ~₦3.21 trillion (a 21% decrease from 2024), primarily due to lower trading volumes in their supply and trading segment as they shifted focus to upstream margins.
Profitability: Profit after tax (PAT) grew by 10% to ₦241.3 billion, largely supported by one-off tax credits and impairment reversals rather than just core operations.

EPS: Reported at approximately ₦30 for 2025 (up 67% from the previous year).
Leverage: The balance sheet remains heavily leveraged with total liabilities of ₦7.26 trillion.

Source: Bros Gemini

Pick the financial statements and check the figures under ''Company''. That is where the trick/magic will happen.
The figures you referenced are for ''Group''

The more you look the less you see.

Shouldn't it be the other way around?

mikeapollo:
The dividend is probably coming from ''Company'' rather than 'Holding Co' or 'Group'

ojeysky:
So long as jagaban is 2027 president, and I don't see anything that can stop that except God. OANDO will print money, it's just a matter of time.

God does not need to be involved to stop him.The 63% poverty rate is enough to make it possible as he is the Egyptian the people shall see no more in 2027

Raider76:
Shouldn't it be the other way around?

Yes, the other way round should be the ideal thing, but the entities are distinct in law and ''Company'' may be doing well while ''Group'' could be making losses because of other undertakings.

Streetinvestor2:
God does not need to be involved to stop him.[b]The 63% poverty rate [/b]is enough to make it possible as he is the Egyptian the people shall see no more in 2027

You see that poverty rate is why he will be returned "elected or selected". So much poverty exist on the land that has removed sense of reasoning from majority of the voting populace.

https://open.spotify.com/episode/4PLhfMdRvFxK9tId7h0EVA

A summary of today's trading session on the NGX.

https://www.youtube.com/watch?v=8gFeyqv5Eo8

Ngx daily market summary

mikeapollo:
Access is super good at current price and will deliver. Reminds me of GTB at N18.
All it requires is to pay dividend of about N3.

Ok but when? Acquisition spree ongoing I believe? Anyway eventually I guess.. the game of patience

Nothing to worry if you are ready to hold long, if you follow their well laid out strategic phases. it is a 5 years cycle of expansion and consolidation each.
Having driven aggressive expansion across Africa and into key international markets in recent years, the Group announced it is now entering the crucial optimisation phase of its strategy. This phase is expected to unlock significant value for stakeholders as the organisation works towards achieving its 2027 growth objectives.

The Full Year 2024 financial results demonstrate that the Group’s investments are already yielding meaningful outcomes. Gross earnings rose to N4.878trn from N2.594trn in 2023.

https://proshare.co/articles/access-holdings-enters-optimisation-phase-in-strategic-growth-plan

SonofElElyonRet:
Ok but when? Acquisition spree ongoing I believe? Anyway eventually I guess.. the game of patience

Sunrisepebble:
I no have agenda o. Just backing up my opinions with the numbers

Lets have this conversation on ngx forum.

Sunrisepebble:
I no have agenda o. Just backing up my opinions with the numbers

https://www.google.com/amp/s/punchng.com/abia-to-sign-200m-mou-with-firm-for-palm-oil-investment-otti/%3famp

millo:
I agree with the first 2, but OANDO is too risky a play for me. might be good for JIJO though.

The bolded is cursed. Explain to me how other oil companies are skyrocketing and yet it remains stagnant.

SonofElElyonRet:
Ok but when? Acquisition spree ongoing I believe? Anyway eventually I guess.. the game of patience

They already approved dividend in the accounts for FY2025, awaiting CBN's go-ahead.

No one really needs to explain a 'cursed' stock to you...

Oyindamolah:
The bolded is cursed. Explain to me how other oil companies are skyrocketing and yet it remains stagnant.

KarlTom:
No one really needs to explain a 'cursed' stock to you...

Kai! Which kain babalawo job description be dis again? Baba, explain this cursed stock for me 😂

ABIA STATE WANTS TO PLUG IN PRESCO

mikeapollo:
They already approved dividend in the accounts for FY2025, awaiting CBN's go-ahead.

If you get N1 na luck
Where is the N1 interim that they promised?

Agbalowomeri:
If you get N1 na luck
Where is the N1 interim that they promised?

Well, let's see how it goes. I think interim dividend was not paid because they had not concluded the restructuring activities for 2025 at that time.

CBN just dey press the neck of the banks

emmanuelewumi:
CBN just dey press the neck of the banks

My exposure to the banking sector is now under 3% of my total current market value. I am even holding only Zenith.

CBN can continue for all I care.

unite4real:
My exposure to the banking sector is now under 3% of my total current market value. I am even holding only Zenith.

CBN can continue for all I care.

I have Zenith, GTB, Stanbic IBTC and UBA.



Access Bank will definitely need to raise additional capital after the stress test

Might also have to sell my UBA shares I am not certain about what to expect after the stress test.

Tony's companies should be highly exposed to the bank

Is it true that CBN gave directives to banks to make 100% provision for bank directors' loan?

emmanuelewumi:
I have Zenith, GTB, Stanbic IBTC and UBA.



Access Bank will definitely need to raise additional capital after the stress test

Sold all my Access and dumped them in Vitafoam at a discount

emmanuelewumi:
CBN just dey press the neck of the banks

"May be" is different from " Will be".

As the politicians will always say " let us not heat the polity".

Only time will and can tell.

emmanuelewumi:
Is it true that CBN gave directives to banks to make 100% provision for bank directors' loan?

YES IT IS TRUE

ppogba:
"May be" is different from " Will be".

As the politicians will always say " let us not heat the polity".

Only time will and can tell.

Better to prepare for " will be".

We actually need a stress test in the sector. I think the last one was done by Sanusi

unite4real:
YES IT IS TRUE

That will definitely a can of worms.

Banks are cheap for a reason, that is why is not advisable to value banks based on their earnings

emmanuelewumi:
I have Zenith, GTB, Stanbic IBTC and UBA.



Access Bank will definitely need to raise additional capital after the stress test

It’s only because of you I’m holding my UBA.

emmanuelewumi:
Might also have to sell my UBA shares I am not certain about what to expect after the stress test.

Tony's companies should be highly exposed to the bank

I’ve actually been thinking about this.

Once you sell, I will sell also. I bought RI at 50 sef