meshpips:


That's just about $100,000

Foreign Institutions na them dey move una market.

The most expensive stock on the NSE is not up to $7

Go check the average price of stocks on the NYSE or NASDAQ.

Oga 30m Zenith na $1.4m oh.
If you see am for $100, 000 no waste time alert me.

So why them leave their almighty market dey come move our tashere market na?

Wetin I dey check their average price for?
Na competition?

The investors you dey praise no dey think like dis oh. As we dey find our bele na so dem dey find their bele too bro.

RabbiDoracle:


Small player foreigners still visit the exchange and transacts businesses. E do us!

Why you dey respond to the guy
It is one thing to have a problem
It is another thing to realise that you have a problem

Agbalowomeri:


Why you dey respond to the guy
It is one thing to have a problem
It is another thing to realise that you have a problem

Abi o.

I understand you.

OakPearl:


Oga 30m Zenith na $1.4m oh.
If you see am for $100, 000 no waste time alert me.

So why them leave their almighty market dey come move our tashere market na?

Wetin I dey check their average price for?
Na competition?

The investors you dey praise no dey think like dis oh. As we dey find our bele na so dem dey find their bele too bro.

If N30m is over $1m, then N360m will be what?

Na BODMAS be this o

I agree with other things you wrote anyway except the N30m equals over a million USD.

meshpips:
Let me show you guys in what kinda units real institutions trade.

Many of una wey neva reach anywhere just dey make mouth.


Take a good look at the profit/loss blotter and tell me what you see.


Over $360,000 profit on a single trade abi?

I just laugh at many here that have been feeling fly with their chewing gum account.

This guy has no joy for NSEMPA members for their lack of patronage of his scheme.
Chai!
No vex.

RabbiDoracle:


If N30m is over $1m, then N360m will be what?

Na BODMAS be this o

I agree with other things you wrote anyway except the N30m equals over a million USD.

Chai chai chai!!!
Who did this to DOracle?
My brother you have bitten the meshpips bug oh.
30m Zenith = $1.4m @N360 to the USD na.

ACCESS BANK!!!

Bomboclad:
ACCESS BANK!!!

Sexy result!... Very Very Sexy. Zenith and GTB should watch their backs. At this rate, Access will knock them off in a few years

RabbiDoracle:


If N30m is over $1m, then N360m will be what?

Na BODMAS be this o

I agree with other things you wrote anyway except the N30m equals over a million USD.

He meant 30M units of ZENITH(a reference to the cross deal we saw @ market open today), NOT N30M.
...and when u do the maths, its actually over $1.4M so he is right with the estimate.

@ meshpips use to jump off from the window during his elementary maths days in school.

akinssan:


Loco you have your 1.58..

E no gree go at once o.I believe say all will be filled today at 1.58.

Next week Na to face Jim ovia......stock

735i:


Sexy result!... Very Very Sexy. Zenith and GTB should watch their backs. At this rate, Access will knock them off in a few years

Q3 is rubbish in my opinion
Personnel expenses added 10B
What is 'other operating expenses' that has doubled from 19B to 41B?
31B gone fiam like that in Q3 alone Lol
Diamond bug creeping in gradually

Bomboclad:
ACCESS BANK!!!

Without using FA, I gave the buy recommendation for this stock on this same thread when it was priced between 5.80 - 6.00 handle.

Shebi VAP na nonesense?

I told you guys that it works very well as a stand alone indicator and it is a LEADING indicator.

Make we still dey watch GTBank until it reaches 19 .

Una nor go hear word here o! First to do nor dey pain.

Na my turn now.

http://www.nse.com.ng/Financial_NewsDocs/27913_ACCESS_BANK_PLC._FINANCIAL_STATEMENTS_OCTOBER_2019.pdf

This right here, is why we choose and advised a higher portfolio weighting in ACCESS than UBA !!
Immense VALUE drive behind the current market price !!

https://www.booksie.com/604507-p2p-analysis-weighing-in-on-the-value-accretion-between-access-bank-uba

For reference folks can read through the article above, for more clarity and guidance.

It is well !!

RabbiDoracle:


If N30m is over $1m, then N360m will be what?

Na BODMAS be this o

I agree with other things you wrote anyway except the N30m equals over a million USD.

Okay, 30 million units of the stock.

His expression was without "dimension" so there was room for ambiguity. Nor be my fault.

onegentleguy:
http://www.nse.com.ng/Financial_NewsDocs/27913_ACCESS_BANK_PLC._FINANCIAL_STATEMENTS_OCTOBER_2019.pdf

This right here, is why we choose and advised a higher portfolio in ACCESS than UBA !!
Immense VALUE drive behind the current market price !!

https://www.booksie.com/604507-p2p-analysis-weighing-in-on-the-value-accretion-between-access-bank-uba

For reference folks can read through the article above, for more clarity and guidance.

It is well !!

Oga study the Q3 alone and see what will happen by year end

onegentleguy:


@ meshpips use to jump off from the window during his elementary maths days in school.

I never graded less than an A in mathematics. Even when I first did GCE after my SS1, I graded an A3.

I finished O'level with straight As.

Agbalowomeri:


Q3 is rubbish in my opinion
Personnel expenses added 10B
What is 'other operating expenses' that has doubled from 19B to 41B?
31B gone fiam like that in Q3 alone Lol
Diamond bug creeping in gradually

That is where the directors share money na.
Na there "standard'' practise of explaining away looted funds.
If you know, you know.

meshpips:


Okay, 30 million units of the stock.

His expression was without "dimension" so there was room for ambiguity. Nor be my fault.

Humble pie go hard this one to eat.

onegentleguy:


He meant 30M units of ZENITH(a reference to the cross deal we saw @ market open today), NOT N30M.
...and when u do the maths, its actually over $1.4M so he is right with the estimate.

@ meshpips use to jump off from the window during his elementary maths days in school.

Hmmm... Thanks for the clarification. The error was from Oak.

If it was 30M units, then @Oak is right in the over 1m USD.

Agbalowomeri:


Q3 is rubbish in my opinion
Personnel expenses added 10B
What is 'other operating expenses' that has doubled from 19B to 41B?
31B gone fiam like that in Q3 alone Lol
Diamond bug creeping in gradually

Lol... Agba. Na standard practice na. Directors pay themselves from topline first. We only want them to let us see tachere as dividends.

OakPearl:


That is where the directors share money na.
Na there "standard'' practise of explaining away looted funds.
If you know, you know.

But that is too huge for a single quarter in my opinion

meshpips:


I never graded less than an A in mathematics. Even when I first did GCE after my SS1, I graded an A3.

I finished O'level with straight As.

Sharrup there !!
A3 na him u make for MATHS, come dey make noise for here.

Some of us did much better in MATHS and even FURTHER MATHS then, but we still dey maintain SIMPLICITY and HUMILITY !!
Go learn how to imbibe the 2 in bold, if u truly wish to EXCEL in life !!

meshpips:


Without using FA, I gave the buy recommendation for this stock on this same thread when it was priced between 5.80 - 6.00 handle.

Shebi VAP na nonesense?

I told you guys that it works very well as a stand alone indicator and it is a LEADING indicator.

Make we still dey watch GTBank until it reaches 19.



Una nor go hear word here o! First to do nor dey pain.

Na my turn now.

If GTB should go to N19 what do you think will happen to access?
You still don't understand this market and your arrogance will not allow you to learn....

meshpips:


I never graded less than an A in mathematics. Even when I first did GCE after my SS1, I graded an A3.

I finished O'level with straight As.

Now I know where the problem lies
You never moved on from your secondary school bubble
Welcome to the real world
I bet you, you wouldn't want to hear about some people's academic prowess here Lol
But they grew beyond that 'inflated' ego

Agbalowomeri:


Q3 is rubbish in my opinion
Personnel expenses added 10B
What is 'other operating expenses' that has doubled from 19B to 41B?
31B gone fiam like that in Q3 alone Lol
Diamond bug creeping in gradually

Saw the escalation too and was scared. However, i am impressed about the asset efficient and earnings quality recorded by the bank.

Coolcash1:


Saw the escalation too and was scared. However, i am impressed about the asset efficient and earnings quality recorded by the bank.

TRIPLE GBAM !!
...ur head dey there.
Pls meet me up @ mama ejiro' place.

Agbalowomeri:


But that is too huge for a single quarter in my opinion

Them "borrow am" if auditors flag it in December, they'll return it. By then, their 90 day bills done mature.

The foreign-denominated loans in Access Bank is a cause for worry. Almost on the same level as UBA though. I prefer to have UBA or Zenith.

Agbalowomeri:


But that is too huge for a single quarter in my opinion

735i:


Them "borrow am" if auditors flag it in December, they'll return it. By then, their 90 day bills done mature.

Okay o una well done, awon ti chartered accountants
We go soon begin send EFCC after these people Lol

Agbalowomeri:


But that is too huge for a single quarter in my opinion

Certainly too huge, and unjustifiable.
That's why you find it under "other operating expenses".
Further prob that and you will see it broken down to some mysterious "Directors' Emoluments", bla bla bla.
Las las na Cow boy things bro.
Na them.

Coolcash1:


Saw the escalation too and was scared. However, i am impressed about the asset efficient and earnings quality recorded by the bank.

How the worry with cost(RISK) compares to feasible earnings(REWARD) gives u an idea of EFFICIENCY.
...and efficiency is one of the KEY drive to VALUE !!

NO doubt, ACCESS performed quite WELL in that line.