₦airaland Forum

megawealth01:
Ok oooooo

I sold ALL my zenith shares LAST WEEK without waiting for the dividends

I sold the last batch yesterday maybe they will pay me dividends sha but if not we move

emmanuelewumi:
What I have left is legible, just 2000 units

emmanuelewumi:
For Team Access

debeey87:
Agba, today wey be sunday na him you dey add 3 zeros to 2,000units

emmanuelewumi:
Na so accountants dey do

stcool:
Investors in UBA should be worried about the growing provisions for bad loans in Q1 which is pointer to challenges business are facing in the economy today.

This should begin to worry any serious investor if it continues into Q2, and is a pointer to what most of the banks will face going forward.

Are we going back to the era of huge non-performing loans threatening shareholders funds

Agbalowomeri:
Ahh so you don write am

Mankind2024:
LAGOS STATE SOLAR ENERGY REGULATORY COMMISSION is loading 😎 😎😎😎😎😎😎🤓🤓LAGSEREC

emmanuelewumi:
For Team Access

lasisi:
@EDUECO no mind pa Emmanuel. You will laugh last.

presiade:
Yes they’ve been around beyond the 80s, but they became “the construction company of choice” during the Babangida era from 85-93. After becoming a public limited company with significant interest from the elite ruling class, you expect them to keep awarding contracts to themselves. Julius Berger got contracts without bidding when they were close enough to the government of the day as well, which is my position here. There are many verifiable, authoritative reports on that. If Julius Berger benefited from it, others can as well do. The best bet is for favoritism to stop altogether, not a few benefiting from corruption and then it’s an outcry when some others benefit.

To add to that, direct contracting or sole-source contracts are allowed under Public Procurement Act (PPA) 2007. So if Hitech won the contract without bidding, does the awarding of the contract contravene extant law?

aj8:
Where do you think UBA will find her strong support ( ref chart below) and why?
However, on our Common sense estimation, it still has value at 3.1x4 x4  = 49.6 ( based on Q1 2026) being that the present scenario has probably already been priced in.

Buying anywhere below the 20 % below that value would be great

That’s below 49.60 x 80% = 39.68

I will gladly load UBA at N36.00-39.68, averaging down if necessary. However, if Wema Bank's Q1 2026 is fantastic, it will help UBA as it will be difficult to price Wema Bank above UBA. Wema will rise and take UBA with it. Can Wema turn in an EPS of 3.1 for Q1 2026? Let’s wait and see. Wema’s 4th quarter of 2025 ( from FY UFS) suggests that it is possible should it maintain that same momentum, to double earnings.

lasisi:
Dangote Refinery Secures $4bn Loan from Afreximbank, Access Bank

lasisi:
. ACCESSCORP to rally to 45 and UBA to dip to 40

lasisi:
@EDUECO no mind pa Emmanuel. You will laugh last.

PETERiCHY:
We have added UBA & ACCESS to our WATCHLIST...

UBA Sweet-Spot is circa #30 while
ACCESS Sweet-Spot is circa #20
Buy above those prices are your peril....

Let's bear in mind that "SELL IN MAY AND GO AWAY" is the CORNER, 💕
I know you're joking.




BARGAIN HUNTERS TAKE NOTE!

PETERiCHY:
We have added UBA & ACCESS to our WATCHLIST...

UBA Sweet-Spot is circa #30 while
ACCESS Sweet-Spot is circa #20
Buy above those prices are your peril....

Let's bear in mind that "SELL IN MAY AND GO AWAY" is the CORNER, 💕





BARGAIN HUNTERS TAKE NOTE!

Mankind2024:
E lọ fi ọkàn balẹ, UBA is àgbò tó fi ẹ̀yìn rìn lọ kò sá, agbára ló lọ mú wá.

Bizibi:
I don't think I will sell the remaining units in the next 10 years. Sold some in 2023 and I am regretting it.

stcool:
Investors in UBA should be worried about the growing provisions for bad loans in Q1 which is pointer to challenges business are facing in the economy today.

This should begin to worry any serious investor if it continues into Q2, and is a pointer to what most of the banks will face going forward.

Are we going back to the era of huge non-performing loans threatening shareholders funds

aj8:
Where do you think UBA will find her strong support ( ref chart below) and why?
However, on our Common sense estimation, it still has value at 3.1x4 x4  = 49.6 ( based on Q1 2026) being that the present scenario has probably already been priced in.

Buying anywhere below the 20 % below that value would be great

That’s below 49.60 x 80% = 39.68

I will gladly load UBA at N36.00-39.68, averaging down if necessary. However, if Wema Bank's Q1 2026 is fantastic, it will help UBA as it will be difficult to price Wema Bank above UBA. Wema will rise and take UBA with it. Can Wema turn in an EPS of 3.1 for Q1 2026? Let’s wait and see. Wema’s 4th quarter of 2025 ( from FY UFS) suggests that it is possible should it maintain that same momentum, to double earnings.

pluto09:
Though UBA results are not good,the bank might not shed more than 20% from its current price.

emmanuelewumi:
For Team Access

Dupeodus:
Where is UBA getting more than ₦300 billion foreign currency revaluation loss from at a time naira is relatively stable and I do not see a huge foreign currency position on the balance sheet. Back this out or if you position that this will not repeat going forward, then the first quarter result is fantastic.

emmanuelewumi:
The following are the current stocks in my portfolio.
1. Afriland Properties
2. CSCS
3. Aradel
4. GTCO
5. Nahco
6. Presco
7. Unilever
8. United Capital
9. Transcorp Plc
10. Stanbic IBTC Bank
11. Okomu Oil
12. Custodian Investment
13. Zenith Bank

SonofElElyonRet:
Why should there be tax on people providing power for themselves where government has failed to do so Lagos is far richer than Abia which is generating power.. that's how we heard of borehole tax sometime ago.. so struggling artisans in government estates will pay solar tax abi? Government should sort out waste disposal.. psp operators in several areas no longer come. After yesterday's sanitation, how will the waste and refuse be evacuated?? It's a peculiar mess.. literally

Zooposki:
Uncle, please how can I buy CSCS?

gabscity:
Sir, even in a private estate I live here in Lagos, Solar Panels are not allowed, not sure why though, but this is the estate rule, if you are not comfortable with it, you have to move out, simple.

OsunOriginal:
Because the estate is probably selling electricity (NEPA+Gen) to you and most likely at exorbitant rates. Allowing solar will mess up their business.