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Access Bank Shares - Investment - Nairaland

Nairaland Forum / Nairaland / General / Investment / Access Bank Shares (856 Views)

Wema Bank Shares / I Want To Sell My First Bank Shares / Zenith Bank Shares Offer: Opportunity Or Hype? (2) (3) (4)

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Access Bank Shares by naijawebe(m): 12:15am On Jul 24, 2007
Hello Brothers sisters. Can anyone give us more info regarding Access Bank potential for higher growth, and please to be precise, the pros and cons of their shares.

http://odili.net/news/source/2007/jul/23/318.html
Re: Access Bank Shares by abubakares: 7:15pm On Sep 23, 2007
pros
1 profit garanteed
2 shares relativly cheap

Con
1 too many shares being issued, for example wema bank did this once where they publicily issued shared, they sold three times the amount of shares than their actual net income, this mean that no one made profit from their shares and some people faced the risk of loosing money

2 it looks too good to be true
3 their profits does not justify the amount of shares they are issuing

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