TraDeRR:
CCNN @ 5 naira! Some people get mind to hold stocks sha

pluto09:


I bought CCNN from N4.50k to N11 naira and I exited when I was convinced there was no more value in it again with rising price.
Rabiu is angling to move up in the Forbes list of billionaire, he will climb up on some people head.....capitalism at its best/^worst

Mpeace:
lol. Although I am sure the new entity will not sell more than current price of ccnn, I doubt the N5 valuation. I will rather go with 7-10 naira per share.

pluto09:


I bought CCNN from N4.50k to N11 naira and I exited when I was convinced there was no more value in it again with rising price.
Rabiu is angling to move up in the Forbes list of billionaire, he will climb up on some people head.....capitalism at its best/worst

emmanuelewumi:


The shares exchange ratio was very faulty, they succeeded in cheating holders of CCNN shares. Similar thing will happen with Obu

emmanuelewumi:


The shares exchange ratio was very faulty, they succeeded in cheating holders of CCNN shares. Similar thing will happen with Obu

DeRuggedProf:


I suspect after:
a). First gap up in opening price, sell at any price above the opening price.....
b). When you see a 'railway track' in the sky, dont bother for symmetry of the two lines.....
c). When you see an 'abandoned angel' (baby na down, angel na up den de leave am to fall down).....
d). when the ichimoku cloud turn to ichimoku river....

Fxuser, abeg come and 'technicalize' my message.......

Mpeace:
Meanwhile, Access don throway some people in the name if Profit Taking.
Its like some people don't know what Access has become. THE BIGGEST BANK IN WEST AFRICA(by asset)
It still has a long way to its fair value.

Mpeace:
Nice one from Access. 25k interim dividend, not bad too.
PAT (2019) 63billion, (2018) 34 billion
EPS (2019) 1.93, (2018) 1.38

Cheapest Company On NSE I Guess.

Bigjay01:
another GT in the making. (IMO)

bigjay01:


06/09/19 ...

if you know, you ...

fxuser:


Like Dis Throwback
daz q3 abi ?

PETERiCHY:


Don't worry wait till 2:21pm if you won't see N17:00 at the OFFER SIDE

PETERiCHY:



The Zenith Bank DUMPER rightnow

PETERiCHY:
The Zenith Bank DUMPER rightnow

Mcy56:


The guy allowed them to have breathing space today.
Tomorrow is another day.

bigjay01:
does he have limitless quantity to sell?

Mcy56:

Chai! The Zee movie no get part two. Let's HOPE he finished selling already.

Coolcash1:


He should come back tomorrow o coz i couldn't enter at N17 junction...

in fact, i am not moved when i see Zenith racing up because I know someone somewhere will just throw spanner into its wheel of progress to cut short the rally....

Team N17 junction...

fxuser:
dangSugar

- a close above prev week , halts d pull back towards year lows and set in motion a ''possible'' corrective move also
- awon long term people can put stops at yr lows

#JustObserving

Mcy56:

That's why I said it's still not clear, but it seems Obu is going to acquire CCNN and be listed back in Jan. Let's wait for the gurus and elders to help us shed light on it.

Btw, I hope @onegentleguy is doing fine. He's very resourceful and helpful in this type of area.

Mcy56:


The guy allowed them to have breathing space today.
Tomorrow is another day.

onegentleguy:
With the just released H1 2019 result from ACCESS BANK(which majorly inculcated the risk-adjusted impact of asset deterioration from the merger with diamond), it will be BEST to seriously consider having ACCESS in ones investment portfolio now.(if u are yet to do that)

At 1st glance, the H1 financial print shows an all-touching boost accross all revenue and earnings line with a pointer to margins growing at a faster rate than EM at the back of an improving AsQ and AsY.

One thing that impresses me, is the current ACCRUALS RATIO(an analytical tool that aims to gauge the persistence and sustainability of a coys earnings setting aside the risk of a possible manipulation). ...which is especially useful for companies that have just expanded, following from an organic/inorganic growth or have merged/acquired an asset with a perceived low quality.
With ACCESS, current accruals ratio(both from a cashflow and balance sheet perspective) is HEALTHY.

Other KEY financial indicators also paints of a grossly underpriced asset.
Raking off all feasible risk and assuming zero growth to YE, I have a FVE of N15.7 for ACCESS. ...and quite frankly, that would be me been extremely cautious with valuation.

The same can also be said of fellow 1st tier peers, UBA and ZENITH. ...and tier 2 fellows FCMB and FIDELITY.

CAVEAT: This is no license to any sought of recommendation. ...due diligence should still remain ur 1st priority.
My advise: Pls kindly follow ur instinct.

onegentleguy:


Again, I think it will be BEST to gradually start ACCUMULATING ACCESS BANK now !!

No further comment.

Due diligence still applies as always pls.

onegentleguy:


I just wrote an article with the title;

"P2P ANALYSIS: WEIGHING IN ON THE VALUE ACCRETION BETWEEN ACCESS & UBA"

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

It's published on booksie, medium and the personal finance section of opinion Nigeria.
U may wish to read through it by using the link above.

Regards.

onegentleguy:


Me I know sabi defend, talkless of to come dey attack naw !!
...I know kuku sabi play ball sef.
Na to dey sidon as a spectator dey sip my cold cup of sweat holix I sabi for now.
After then, I go try subscribe to watch una for Cnbc and Bloomberg news as events unfold !!

sellydion:
Where is our faith na? Him be Jim

longlife20:
Buyers are prepare for the seller in zenith, they are saying bring it on, we are ready for you. Over 310 million sold.