₦airaland Forum

megawealth01:
Got a good volume of ACCESS at 23.65 naira today...

We go again on Monday... All of una dumpers. Make una no tire ooooo

222Martins:
My God!!!! I just logged in now to my MorganCapital account only to find out that all the AccessBank shares i have been buying and averaging down since Monday to Thursday that the market was red have been removed from my portfolio and the money refunded to me. What can of playing is this? This is no longer a joke!!

nosa2:
You wan tension people!!! Very wicked somebody.

If you don't need the cash and you feel the urge to sell Access right now you might be better off buying an index fund or giving your money to a Licensed fund manager.


NO GO GIVE YOUR MONEY TO NAIRALAND GURU OH!! Dem go use your money chop Suya

emmanuelewumi:
For Team First Bank

megawealth01:
OTEDOLA smartly avoided sharefolders

mikeapollo:
Jijo to Joji.
These may be peoples real names oooo!

megawealth01:
They will never learn. Many dumped MTN, Nestle etc 2024 but look at the prices now. People don't learn from history so they should bring on ACCESS...

I don't have UBA time now because it has not come to my junction yet

mikeapollo:
It depends on how real-time each app receives updates from the NGX trading portal.
At end of the day's trading, both would reflect same information when fully updated

megawealth01:
Seems MERISTEM admin dey here. They sent me this mail

emmanuelewumi:
I told someone yesterday that Dangote Cement is going to N1500

Agbalowomeri:
Working on reflecting......

Wahala be like wetin again

emmanuelewumi:
I told someone yesterday that Dangote Cement is going to N1500

Pennystockwarri:
https://open.spotify.com/episode/4lwHhiS8ssOovvv6gmzUVL

NGX Midday Update

funnymike:
Let’s congratulate FirstHoldco SHELLHOLDERS for their FY 2025 and lovely Q1 2026 with 250B new capital raise on the way. Long live FirstHoldco

funnymike:
Let’s congratulate FirstHoldco SHELLHOLDERS for their FY 2025 and lovely Q1 2026 with 250B new capital raise on the way. Long live FirstHoldco

Streetinvestor2:
What will ever make the sell side dry up is the wahala. It has always been a challenge

Agbalowomeri:
They should just shut down dividend for 5 years and build equity to 4 trillion
Abi my suggestion no good?

ositadima1:
I want to introduce you to the world of technical analysis. Maybe you will end up liking it more than ofe akwu and rice with assorted meat.

ACCESSCORP did over 2.4 billion naira in trades. That means some people wanted it so badly that they collectively spent over 2.4 billion naira buying it (buy side), while some other people did not want it for various reasons such as profit-taking, rotating into another stock, dumping, impatience, selling at a loss, converting inheritance to cash, buying land, paying for a burial, funding a wedding, paying debt, and many other reasons you can think of (sell side).

What is interesting is that these two sides are independent of each other, and nobody was forced to buy, although some sellers may have had their hands forced for one reason or another.

Now, assuming these buyers came in today wanting to buy, but there were very few sellers, what do you think would happen to the price? Yes, they would start buying at higher prices. It is also true that many people would refuse to buy if they do not have a strong reason, but the buyers who are willing to buy will still push the price higher because the few sellers available will immediately sense the imbalance.

So my point is that a stock does not move because of news or fundamentals alone. Sometimes imbalance alone can move it. The funny thing is that most people do not even care what is moving it. What they want to see is motion, and once they see motion, they start buying until the sell side comes back with heavy supply.

The end.

funnymike:
Let’s congratulate FirstHoldco SHELLHOLDERS for their FY 2025 and lovely Q1 2026 with 250B new capital raise on the way. Long live FirstHoldco

chimex38:
#First bank
So they had a total of 750bn capitalization before?
Sounds like the ₦250bn raise will make their entire share capitalization = ₦1Trillion.
Otedola has been echoing this Trillion naira benchmark for banks even while the ₦500bn raise was in play...
Trying to lead by example.

Dupeodus:
I think we should be fair on Access Bank. The bank has done well operationally. Income is well diversified and assets deployed are more efficient for the foreign operations than the Nigerian operations. All of these are clearly shown on their financial statements. The CBN approved all of those foreign investments. That is why, as much as I love the way Cardozo is handling the banking sector with tough hands, I think he is a little unfair with Access. If the CBN changed its mind on the approvals they gave Access or it's a consequence of change in CBN's management, the least they could do is give Access some time, say three years, to come within the guideline.

alezzy13:
Sugar is not doing badly

megawealth01:
If you investing in OANDO, Access and ELLAH you need a lot of PATIENT FUNDS

nosa2:
Very true.

Another thing to add is that smart money on both sides starts picking up volume if the price and fundamentals start to mismatch. This is where fundamentals is superior to technical.

Technicals read the emotions of market participants, fundamentals drives decisions of smart money

ositadima1:
I want to introduce you to the world of technical analysis. Maybe you will end up liking it more than ofe akwu and rice with assorted meat.

ACCESSCORP did over 2.4 billion naira in trades. That means some people wanted it so badly that they collectively spent over 2.4 billion naira buying it (buy side), while some other people did not want it for various reasons such as profit-taking, rotating into another stock, dumping, impatience, selling at a loss, converting inheritance to cash, buying land, paying for a burial, funding a wedding, paying debt, and many other reasons you can think of (sell side).

What is interesting is that these two sides are independent of each other, and nobody was forced to buy, although some sellers may have had their hands forced for one reason or another.

Now, assuming these buyers came in today wanting to buy, but there were very few sellers, what do you think would happen to the price? Yes, they would start buying at higher prices. It is also true that many people would refuse to buy if they do not have a strong reason, but the buyers who are willing to buy will still push the price higher because the few sellers available will immediately sense the imbalance.

So my point is that a stock does not move because of news or fundamentals alone. Sometimes imbalance alone can move it. The funny thing is that most people do not even care what is moving it. What they want to see is motion, and once they see motion, they start buying until the sell side comes back with heavy supply.

The end.