Mcy56:

Oh! I'm good. Thanks so much dear classmate. Na so I see am o.
I first think say na Mike ambush me but I come know later say na Agba's gf send antispam bot after me and dey no tell me my offence.
I no know wetin the bot dey smoke self.

Mpeace:
Bulls on today.

aremso:


still peeping oo

Mpeace:
See fidelity doing 2.15

STOjo:

Ko ma lo beee ... (Barrister song) please don't stop until 3.50

@Mcy56, Agba, Jideflash, anjilgreat, OGG, et al.. How far is that bus stop

STOjo:

Ko ma lo beee ... (Barrister song) please don't stop until 3.50

@Mcy56, Agba, Jideflash, anjilgreat, OGG, et al.. How far is that bus stop

onegentleguy:


Of course the impact from dilution after inculcating existing DIAMOND bank shareholders should naturally impact ACCESS' EPS, ROE and EM. However, the degree or extent of that impact would largely depend on how well the management of the bank can drive for a better PRIFIT MARGIN going forward.
There'll be a sense of urgency to be far more effective and efficient in driving that line, otherwise ur guess will be as good as mine !!

On the issue of dividend, am of the view that ACCESS may not pay any dividend for FY 2018. But even if they will, I believe that the amount declared will likely come in lower than that of FY 2017. This should be the right thing to do. ...especially when u consider the fact that the bank is also looking to raise 2 trench of funds via rights.

It is however important to note that their FY 2018 dividend declaration will most likely exclude the current DIAMOND bank stakeholders who make it to the sealing of the merger deal. This is because the financial print for FY 2018 will likely be released before the merger deal is sealed.(I expect the managers of access to smartly tour that line)
So if I were a dividend drive investor, I'd look the way of other members of the 'fugaz family' particularly UBA and ZENITH.
I however believe that the possibility of a better ROI drive(via capital appreciation) is more with some of the banks in the tier 2 space. ...I have since highlighted a few of them here.

But then again, this should NOT be infered as any sought of recommendation. ...pls do well to read through my signature below.

Regards.

STOjo:

Ko ma lo beee ... (Barrister song) please don't stop until 3.50

@Mcy56, Agba, Jideflash, anjilgreat, OGG, et al.. How far is that bus stop

onegentleguy:



Mr FIDELITY is now at a TECHNICALLY great spot.
I think its finally made the long awaited GOLDEN CROSS !!
It's a strong hold for me.
...the N3 boulevard isn't impossible.
Folks will remember the part in bold of my post above.(a revert to @ chibuking81) ...so watch out for the other tier 2 banks(FCMB, WEMA and STERLING), and a few in the 1st tier space.(particularly UBA and ZENITH )
But then again, due diligence should still remain ur 1st priority.

Agbalowomeri:


Bros so sterling and wema don join tier 2?

Agbalowomeri:


Bros so sterling and wema don join tier 2?

onegentleguy:



Mr FIDELITY is now at a TECHNICALLY great spot.
I think its finally made the long awaited GOLDEN CROSS !!
It's a strong hold for me.
...the N3 boulevard isn't impossible.
Folks will remember the part in bold of my post above.(a revert to @ chibuking81) ...so watch out for the other tier 2 banks(FCMB, WEMA and STERLING), and a few in the 1st tier space.(particularly UBA and ZENITH )
But then again, due diligence should still remain ur 1st priority.

anjilgreat:


Lol! this one you paired me with these gurus! I think we shouldn't be too carried away by it's mini-bull. It should be monitored closely because the upcoming election fever may resist it's movement. Let's enjoy the ride why it last.

Mpeace:
Fidelity now 2.22

STOjo:

Fidelity is 2.29 at present.

STOjo:

Fidelity is 2.29 at present.

Mpeace:
Pls how is FCMB doing? I no fit log into Morgan.

STOjo:

Are you suggesting I jump out of this bus.

Mcy56:
E ku market o. E ku 'silent' house.

Chibuking81:

Election media group has pushed people away, once election finished their work will finish, and members will come back.

Stocking:

Sharrap and stop saying nonsense .
How many people have quarrelled here over elections bla bla apart from you? .
Every time !

Mcy56:
E ku market o. E ku 'silent' house.

jideflash:
Soveriegn trust Insurance next to cool off. watch out for offloaders

anjilgreat:
Welcome back! Hope you won't disappear again to contribute your own part of the silence?
BTW, hope all is well with you?

Mcy56:

Lol. I'm good Ma'am. Thanks.
It's bot that gave me compulsory break oh, and I think I actually needed it though.