₦airaland Forum

Hedgefunds:
vIt is Overvalued...Not anywhere near VFD talkless of UCAP.

How boss?
Overvalued to be listed @7.50?
Kindly enlighten us sir.

*IMO, I think the analysts are still short of enough data to properly analyze its worth for now......
*So it's understandable if they couldn't establish it's fair value for now.....but let's see how far the stock fairs in the short to long run....
* Me o, in my amateurish view, I'm expecting it around 15 in the short to medium term.....and when market turns bullish....😁
* Also remember that the issuing house/brokers concerned also matters.

* Caveat: Not any form of buy/sell advice...DD Applies*

deathwing:
Speculative play or longterm buy?

AVA CAPITAL is in same league/business with UCAP.....
If well managed, it will do well in the medium to long term (which is well managed so far from the result released).

* All things being equal, AVA is good for medium to long term.
* The low Free Float will likely be in its favour anytime market turns bullish........
4bn is in the custody of substantial shareholders while 1bn is for others......which includes brokers, net worth individuals and tashere holders like us. 😁

Abeg Carry out your Due Diligence o.

Streetinvestor2:
Why do I feel it is wale and his partners trying to buy out more retail holders at cheap price. They keep dropping thr target price. It use to be around #36
When they accumulate enough they will announce phase 2 of redistribution of shares

My thoughts as well..
Na Dem get those bids......
Na Dem dey crash, na Dem queue to buy cheaper..

Zagee:
The "Aura Index" of Otedola is desperately needed in O&O 😂

Lol at Aura Index 😁
Wale seriously needs this his friend to spike things up...😊

Meanwhile, some guys still believe in O&O and wants to stake some multi millions on it.......table attached.....
Let's keep watching their drama 😁

FIRSTHOLDCO
* First HoldCo launches $1 billion equity offering in major capital raise
https://africa.businessinsider.com/local/markets/first-holdco-launches-dollar1b-equity-offering-in-major-capital-raise/7qnj88n


* FirstBank backs women-led businesses with N10m grants
https://thesun.ng/firstbank-backs-women-led-businesses-with-n10m-grants/?amp

** PR don dey plenty 😁

AVACAP is currently available in market....
For those saying they couldn't see to buy...😊

* OS: 5Bn
* Free Float: 1Bn

** It's looking like those guys are pushing out the Free Float for retailers/public to also take part....
** AVA CAPITAL is in Financial Services Sector

GeeKudi:
I must hope in your hypothesis. They should just put some speed into whatever it is they are doing.

Lol. Hoping in my hypothesis is at owner's risk o 😃
......but the "hypothesis" used to have some level of accuracies sha.......if only you have patient funds to wait it out.......because the cowboys used to move at their own pace.......😊

FBNH
* Otedola targets over 51% stake in FIRSTHOLDCO
* Where's the rule that says not more than 30%?

@Streetinvestor2 , could Otedola be taking up the 23% after-all?

https://nairametrics.com/2026/08/03/otedola-targets-over-51-stake-in-first-holdco/

GeeKudi:
Drilling for the crude they couldn't get from the Delta creeks.

Even touched 35....
I insist there's a game plan already ongoing.....
These guys can be unbelievable and the more we look, the less we see.....
Maybe there's the need to start mopping free floats....OR.....some proxies/institutions are codedly buying without raising suspicion.

If any of the Oga needs it @30, they'll find a way to move it down to the price and accumulate, thereafter, they'll come up with one or more positive news to move it.

Streetinvestor2:
Thr is a game going on
The guys selling won't sell to otedola. That is why he has been buying to get to that percentage ownership. This guys are definitely moving it to someone or third party to consolidate thr ownership. The war for the ownership of FBNH is not yet over. Ote has to get to 30% or the other group gets to 30% which I think is the max approved by cbn.Who will chicken out is what we Wait to see.Na two elephant dey fight so.The otedoke group only want to change name of the holding entity for them in cross arrangement

You're right....
To me, the rivalry is ok....
Will be good if it's moved to third party....

If otedola wants to be the individual with highest substantial holdings, fine!
..but let another person also own substantial units close to him....
That way, FBNH would have aversed any future problem(s)

mikeapollo:
But what happens if the new buyer (of the block shares) already owns like 10% or 15% stake in FBN? That makes it 33% or 38% which would be higher than Otedola's 26%.
The fight for the soul of FBN may be far from over

Then there may be more accumulations from Ote$$ to beat them......😊

All these competitions are just giving FBNH hedge.....
I think the rivalry is healthy because having just an individual with such substantial units looks a bit risky......IMO

We need to know other substantial individual shareholders of FBNH too.....I think it's important.

Princkez:
Please Sis Mercy a friend is asking between WAPCO and MTNN which is good for long term

Both are good barring any unforseen circumstance(s).

He/she could actually have both by making it 60/40 or 50/50.....
Diversification is equally important in this business as both belongs to different industry/sector.

SonofElElyonRet:
If otedola buys, he goes to almost 50% shareholding. Doubt it but that'll be something to talk about!

Otedola already envisaged this will happen, reason he was accumulating plenty to beat their 23% shareholding.....
He currently have over 26% shareholding ( I mean Otedola)...
So, even if he didn't pick their shares, he still have higher % than theirs... (Which I believed he will pick some of it maybe thru a proxy to further increase his holdings)...

Though it says block divestment, so it's possible there's a buyer or buyers on ground already..

Techsinnovative:
First HoldCo’s 10.43bn Share Block Divestment Set for NGX as Legacy Ownership Position Nears Resolution - Proshare https://proshare.co/articles/first-holdcos-10.43bn-share-block-divestment-set-for-ngx-as-legacy-ownership-position-nears-resolution?menu=Market&classification=Read&category=Public%20%26%20Private%20Offers

RC Investment representing Barbican Capital Ltd (Otudeko and the Odukales) is coming for block divestment of 22.94% of FIRST HOLDCO shares @N110....as from today 3rd August....😁

Will Otedola and his fellow billionaires handle this or there's a plan to Cross Deal on ground already?

Let's see how the drama unfolds....😊

** Meanwhile, FIRSTHOLDCO is officially at 136.40 in market.......intraday up to 138+ as at now!

https://proshare.co/articles/first-holdcos-10.43bn-share-block-divestment-set-for-ngx-as-legacy-ownership-position-nears-resolution?menu=Market&classification=Read&category=Public%20%26%20Private%20Offers

Asangbekoko:
My good sister, why are you still marketing Oando?
Do you recall that we have been debating and hoping about this stock for over a decade now?
Kindly accept my due respect.

My good brother, it's not over until it's completely over....😊
If I didn't give up on FBNH thru its ordeal but we're now reading and posting her success story, then I won't give up on OANDO, lol.

You mentioned debating and hoping for over a decade.....
E be say your "Asa" don "gbekoko" wey hook am for throat o......just kidding here 😁
Which decade? Is it not 2024 that OANDO went from single unit to double digit?
Delivering more than +700% gain?

Anyway, attached are some of the Q2/H1 2026 analysis.....
Anybody can believe what suits him/her....but when those guys are ready, we will all see it by God's grace...

For a company making Trillions within 6mths, don't we know they have a game plan and it's a matter of time game will be over..

ACCESSCORP
* Disclaimer on the malicious Social Media Publication*

"The matter has been reported to the relevant regulatory, security and law enforcement authorities, and appropriate steps are being taking to identify those responsible"

* Way to go ACCESS BANK! 👏

*People should be mindful of careless posting that could damage the reputation of genuine hard working individuals and companies.
* If you don't like their shares or services, simply port instead of posting false information about them. Shikenah!

https://doclib.ngxgroup.com/Financial_NewsDocs/47722_ACCESS_HOLDINGS_PLC-RESPONSE_TO_FALSE_SOCIAL_MEDIA_PUBLICATION_CORPORATE_ACTIONS_JULY_2026.pdf

FIRST BANK
* Otedola sabi marketing no be small.....😊

* If by year end or even maybe Audited Q2 should come out and this policy manifests, then we should expect The Elephant taking back it's full position as the Industry and Sector leader......

Who says there can't be a rise after a fall.....
The downfall of a man may not be the end of his life after-all...😊

https://doclib.ngxgroup.com/Financial_NewsDocs/First_HoldCo_Plc_-_Notification_on_Dividend_Policy.pdf

ARADEL
* Streetinvestor2
Below is the press release on ARADEL....
* This result is Simply fantastic IMO

https://doclib.ngxgroup.com/Financial_NewsDocs/47747_ARADEL_HOLDINGS_PLC-PRESS_RELEASE_ON_Q2_UFS__CORPORATE_ACTIONS_JULY_2026.pdf

chimex38:
I think the greatest accessment of OandO should be the liabilities check.
If they are reducing at a reasonable ratio..
That's a great positive.
Not necessarily making profit for now.

Reading thru some of the comments on OANDO, I think many posters here are actually posting their already negative minds because they will never see anything good about the company no matter what......

I quoted yours because you were a bit fair in your assessment.

Why are people not seeing the positive line items in the results?

Though still going thru the results with my amateur lens, but so far, there are quite some improvements and positive aspects of the results.......
* The increase in Revenue
* The drastic reduction in the liabilities
* The exponential cash at hand.....
* The return to profits from losses in 2025
* The provision made for dividends......
prompt reporting of Q2....etc.

So, why are all these ignored while all Agba (for instance) could see/mention is the finance costs? 🙄😁
Anyone bother to read the notes to the financial reports yet?
What if some profits are hidden under finance costs to drastically reduce the Tax that goes to the govt?

For all I could see from Market reactions, this negative thoughts/fear seems priced in the share price already.

As usual, we'll wait on the detailed breakdown of the results by the non-biased analysts.

ppogba:
Pardon my English comprehension ability.

" Kids and uninformed investors we have on this platform"......

Oga, pls check again...
I said NGX..... Nigerian Stock Exchange


* Meanwhile, ACCESS is defending the share price @27..... against that serial dumper 😁

mikeapollo:
Well done.
Na so one headmistress dey brag for one school for village. Until she started seeing snakes (dead) regularly at her office door step. Nobody tell her before she applied for relocation.
Snakes still dey 'enter' office 'swallow' money for Naija, so they can still 'enter' any office for any ministry that Tinubu puts you.

Lol. No be small thing...😁
Nigeria shall be great again

Streetinvestor2:
I hope is not because u have access yeye stock u are taking it this personal
If it was a stock u whr not involved would u sincerely have reacted this way..lol

If you had known me well, then you'll know I react to such silly posts if I see one......either I have the stock o, or I don't have it.
I do frown at such false information when I see one......
Except I just decided to look away or just considered that it's social media with some uncultured faceless individuals also making use of the space.....

Just allow make Tinubu reason me for one of these ministerial Post first, Dem go know scores.....😁

mikeapollo:
This is not necessary at all. It would be an endless chase if any organization decides to go that route In a digital world.
How many people would Access or any entity be able to get hold of? And what if the person(s) printing and spreading the fake news live in Afghanistan, Myanmar or Laos?
They just need to publish a disclaimer, that's all

...and do you know the damage this could cause or the extent it could go before the disclaimer is Issued..... because we are talking about Social Media now?
Someone who could do this is capable of doing much more serious one if unchecked or unpunished.

Anti Social Media Bill needs to fully be implemented and enforced to regulate such false and malicious information, and the culprit face the wrath of the law...

ppogba:
How sure are you that the memo/letter was written or generated by someone on Nairaland?

The probability is next to zero if you ask me.

For context, why will anyone here do such?

Where in the post does it point at someone here or on Naira land?

ARADEL
Is the meeting sounding positive already?

Over 4M units in Cross Deals/transactions already and as at now....

Mfunkynation:
Is this real?

Very funny.....
So, after typing such ridiculous letter, they will still type "many more coming down" right below the Logo? 🙄

It's amazing the type of kids and uninformed investors we now have on NGX....

If you know a particular stock is not meeting your objectives, instead of cursing and trying to generate silly letters and copying the company logo on it, simply sell off and move to where you think you have peace of mind....

If ACCESS should fish this one out now and hand him over to DSS/Police, they'll start shouting oppression and freedom of speech.....

If ACCESS Bank can get hold of this one, let them use him/her as scape goat for others to learn....

DAARCOMM
* DAAR in profitability.....
https://doclib.ngxgroup.com/Financial_NewsDocs/47607_DAAR_COMMUNICATIONS_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_JULY_2026.pdf

NASCON
* A good Q2
https://doclib.ngxgroup.com/Financial_NewsDocs/47598_NASCON_ALLIED_INDUSTRIES_PLC-NASCON_H1_2026_RESULT_STATEMENT_CORPORATE_ACTIONS_JULY_2026.pdf

NEM Q2
https://doclib.ngxgroup.com/Financial_NewsDocs/47583_NEM_INSURANCE_PLC.-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_JULY_2026.pdf

Jaakay:
Just speaking to the dead to wakeup

Lol 😆
OANDO is actually getting some attention in market.....
What it's all about, we don't know yet.....
We're still hopeful 😁

* Some activities in TRANSCORP too....

emmanuelewumi:
Source

* Corporate Disclosures
https://doclib.ngxgroup.com/Financial_NewsDocs/47580_HBM_NIGERIA_PLC-CORPORATE_DISCLOSURE__CORPORATE_ACTIONS_JULY_2026.pdf

* Just saw that the info don litter the thread.....
Good dividend is Sweet 🧁😊

People are just getting to know the real value and worth of these REIT stocks....😊

Meanwhile, ARADEL, NASCON keep moving.....
You need to deliver.....
Those saying ARADEL is over-valued at 1148, hope you don get mat to dey wait at your 200 abi na 300 junction......😊