Streetinvestor2:
Something we go still buy below #300 after the cash out from oando bet this year.I have always said it transcorp power does not worth the price above #300..People are using ote power company as measuring stick forgetting say na manipulation carry the thing to 1k.Better companies that pay above #20 dividend still dey within #300 na company way pay #3 dividend wan reach 1k.The people expecting the unjust price here na bet too..lol.

Oga currentprice pls what is bedsheet saying as price of Transcorp power fv

Streetinvestor2:
It is only major shareholders that can pull such volume now.

Streetinvestor2:
The people buying oando know what they want.And eternal oil and oando no dey the same category of business I will rather pick total even at this price above you eternal oil that I don't even see thr pump station .I doubt if they are even classified among major marketers in nigeria.

Streetinvestor2:
Something we go still buy below #300 after the cash out from oando bet this year.I have always said it transcorp power does not worth the price above #300..People are using ote power company as measuring stick forgetting say na manipulation carry the thing to 1k.Better companies that pay above #20 dividend still dey within #300 na company way pay #3 dividend wan reach 1k.The people expecting the unjust price here na bet too..lol.

Oga currentprice pls what is bedsheet saying as price of Transcorp power fv

onegentleguy:
On Accesscorp...
Anyone that understands the thing about NPR, TERP, the degree of % dilution of a RI and how an assets EM capacity can cover up for it, will have logical answers to the following;

1) Why there was a huge accumulation in the last few weeks spearheaded by one of the key stakeholder of the bank (Mr. AiG) despite what was clearly a supply side imbalance in the coys trade book.
2) Why the coys feasible % dilution in view of her planned RI @ N19.75 will have only but a minor impact on her earnings quality and resultant future reward to shareholders in the short to mid term.
3) Why the RI subscription peg is at a premium to the coys CMP yet June 7 (same date as the circular) was announced as the QD.

A smart investor can immediately infer that management may already have the funds on standby given the implied negative NPR in view of the RI peg. Apparently, they do not necessarily need our money.
Again, a smart trader should also be able to see that the N2.5 disparity between the coys CMP and the proposed RI peg (ref: 19.75--17.25) could most likely be closed out in the short term.
...the coys TA stance is already given a clue. (short term directional bias in view... see chart below)

• Price action has been gaining momentum, rejecting a further BoS since retesting the N16+ level which doubles as a strong PSL.
• Fridays close was above it's short term TL and smooth HA.
• Double bottom since early April after repeatedly respecting the aforementioned smooth HA level.

A break and effective close above the neckline of that DBP (ref: N18.4) which should also imply a COCH will likely see the coy push up to the N21 region.
The RI data could be an added catalyst to make the asset a HPT.

Bottom line: Accesscorp might deliver a 20--31% return in the short term. (could be more)
Long term? Well, it's important to remember that the bank holds a fundamentally healthy slate and occupies the 3rd position on a list of 7 most under-priced quoted banking coys at present.

What to do? Pls kindly follow your instinct.

CAVEAT: NOT an investment advice. The need for due diligence should still take higher precedence ahead of this post.

SpaceX:
Good morning to y'all.

Who wants to see my PORTFOLIO

megawealth01:
One thing I like this market and time is that it has always vindicated THE MEGAWEALTH as a sincere person without the MH spirit... All stocks I dropped here gave people good returns whether penny or not...

Make una go buy ACCESS BANK now but na when it's selling from $30+ una go dey ask for ANALYSIS

DYOR sha

megawealth01:
One thing I like this market and time is that it has always vindicated THE MEGAWEALTH as a sincere person without the MH spirit... All stocks I dropped here gave people good returns whether penny or not...

Make una go buy ACCESS BANK now but na when it's selling from $30+ una go dey ask for ANALYSIS

DYOR sha

naturalflow:
YOUR OMATEK IS YET TO DELIVER.

onegentleguy:


https://nairametrics.com/2024/07/10/access-holdings-explains-why-its-issued-shares-price-is-higher-than-market-price/

Aig-Imoukhuede noted, "There are certain things I look at when investing in a business or considering an investment. When evaluating a business, if the business’s annual earnings run rate matches the amount I invested, I consider it a strong indicator.”
"Currently, the analysis shows a potential earnings value of about 17 naira per share, with a trading price of around 19.75 naira per share. This is not a bank that needs further reinvestment to make that money, meaning it won’t seek additional capital that could dilute its earnings.”

This is broadly in line with my assertion. (see parts in bold.... think through the connection)

That said, Mr AIG should've also told us that a key reason for the price disparity between the RI offer and market peg is the intent to create weak apathy on existing shareholders.
As I said before; they don't necessarily need our money hence the "discouraging atmosphere" or lack of incentive to exercise one's rights.
...the probability that the group already has the required RI funds on standby is approximately 1.
I expect the RI exercise to be fully subscribed.

Needless to highlight that ACCESSCORP's FVE currently sits in the range of N34.25--N39.7, with the lower band of that price an extremely conservative estimate after raking-off what could be risk items to the bank's earnings stance (currency risk, minor dilution risk from the rights exercise and WC risk in view of her aggressive expansion drive) and assuming just 10% QoQ GM down to YE, 2024.
....*U*... HOLD!

Technically, price has since moved from our initial call @ N17.25 previously touching riding to near N20 before retracing backwards. The aim is to complete the effective breakout from what was previously a PRL to a demand zone.
Though yet to touch our swing target of N21, the chat is now better "shaped". ...I like what I see!

CAVEAT: Still NOT an investment advice. ...the need for due diligence should still take higher precedence ahead of this post.

megawealth01:


We still dey the boat... On GOD

megawealth01:


We still dey the boat... On GOD

SpaceX:
with the recent development of addition of the ministry of livestock I intend to invest in agricultural stocks and add to my portfolio. I have a target of 39% before the year runs out, I will advice you do same.

I love to challenge myself in owning different stocks, and contributing my top notch analysis gives me so much Joy.

Disclaimer: This is not an investment advice.

megawealth01:
One thing I like this market and time is that it has always vindicated THE MEGAWEALTH as a sincere person without the MH spirit... All stocks I dropped here gave people good returns whether penny or not...

Make una go buy ACCESS BANK now but na when it's selling from $30+ una go dey ask for ANALYSIS

DYOR sha

bovali:


I have a crush on your brain

bovali:


This one, I know on good authority, is a dead company now. Hasn’t been the same since the founder died.

DD advised

SonofElElyonRet:


One thing I love about you is the ability to give genuine and practical analysis of stocks, it's mind blowing and honour to have you around. I feel blessed

SonofElElyonRet:

You don come again?

iHaveMadeiT2:

You're not God. That was how some people here said categorically that Transcorp will never leave N1 bus stop.

onegentleguy:


I think the fellow I replied should understand the post.
Am sorry if you don't.

And yes DS is a buy. ...N39--43 price level is an opportunistic one.

Pls note that I do not give free recommendations all the time. Except for a few cases where I decide to drop a FA and/or TA guide like the last 3 of ACCESSCORP, C&I LEASING and MBENEFITS @ N17.85, N2.55 and 56k in that order, I usually attach a fee for some of my services.
This is not necessarily for you though. ...it's for those who still bombard my E-mail box with one form of request or the other.
Sometimes, even those who pay a fee willingly and without any request from me, make less financial service demand than those who want free service.

Those who demand for free service are twice as much.
Well, I'LL ALWAYS TRY TO HELP when I can. But I will also attach a fee for certain class of financial service... and on this, I am unapologetic.

People should be guided accordingly.
It is well

ndept:
The offers on DS is unusually low this morning compared to the last one month!

onegentleguy:



Shuu! ...so you don't "disrupt' the plan of those waiting for it @ 32--33k, their preferred support zone.
I hope, for their sake, it gets there.

The wise ones would've headed to the call above. (see part in bold)

It is well

Agbalowomeri:


What about those waiting at N25?

ndept:
@bovali may have a valid point on Omatek. I went through their Q1 report and saw that the company has already relinquished their Lagos and Abuja office building to BOI and First Bank in settlement of debt. It is not everything that we put on God, atimes we need to do our research and made investment decision especially when the door is still wide open.

SonofElElyonRet:


Which is better? Buy on the floor or rights? Price wise? Of course you get your shares immediately when you buy on the floor and price difference isn't noticeable really