₦airaland Forum

emmanuelewumi:
It came down to N200 few years after it was admitted to NASD.

BabsO2:
ARADEL started trading in 2013 at N350 on NASD. With the x20 share split, that means a share being sold on the NGX right now was bought at a price of N17.5 in 2013.

Current book value per share (BVPS) and EPS of ARADEL based on 2024Q3 are N312 and N25.5 respectively. If it continues at same pace as last 9m, at Full year 2024, EPS should be about N34 while book value may remain flat due to interim dividends pay out or rise further up if further naira devaluation takes place in Q4.

The company is surely minting money for shareholders with the way PAT's and resulting earnings per share has been growing. Perhaps TA may suggest a good entry point for those interested.

emmanuelewumi:
I sell stocks when the financial health start to deteriorate. Reason why I sold all my Oando shares in 2014.I have sold down Dangote Sugar but I still have minimal units left

What I have left is 50,000 units that will be sold next week to buy more of Zenith bank and GTB

emmanuelewumi:
The 9 month EPS of Nahco is N4.71. EPS of N3.00 was made between July and September, if the same thing should happen between October and December the full year EPS will be around N7.71k

If this should happen Nahco will get to between N65.00 and N70.00 or above

megawealth01:
Are you in the Oando team?

emmanuelewumi:
For that Oando account the more you look the less you see.
I no know where to start from sef, my brain no reach to analyze anything because foundation no dey to build on

emmanuelewumi:
Are you aware of the various loans that were converted to shares which diluted holdings, are you aware of the loan conversion to shares ratio.

That was how their holdings increased

emmanuelewumi:
Because Oando is a religion stock with many faithfuls and worshippers.

And Dangote Sugar always released their results at the appropriate time, did not wait till the stock wss suspended before they released their results and they are not been hyping their stories on social media, so that informed insiders will gradually sell their shares to uninformed retail investors

KarlTom:
This is massive

10% on Monday?

yMcy56:
Egungun don land o

https://doclib.ngxgroup.com/Financial_NewsDocs/42575_OANDO_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2023_FINANCIAL_STATEMENTS_NOVEMBER_2024.pdf

mails4funshi:
I was told categorically to move my account cos the value was less 5M. This happened post the 2008 market crash.

emmanuelewumi:
We would have done the necessary paper before the ban is lifted, after it starts trading CSCS and the registrars will do the needful

yMcy56:
I think it's very wrong for the volume holder to be selling on the floor like this!
Why didn't they sell on NASDAQ before listing on NGX?
Or find an institutional investor to cross to?
The price was pumped quite alright but he should have sold there and drag the price down before listing on NGX.
Not fair on those who picked here!
See how he's rubbishing the good stock

phemmie06:
Download invearn from playstore, it will give you your total portfolio of shares manage by Africa Prudential

debeey87:
They bought out the shareholders of a sugar plantation in Adamawa state that has existed for a long time. Not sure they're importing 100%

Zagee:
Your fine prints are not even helping matters either.😂
This is unbelievably long.

With this battered naira, he'd have to rely on fx from that refinery. He just has to find that pipeline of fx.

Technically, we're importing sugar
Cost will remain high even to final consumers.

ositadima1:
Backward integration will take years and huge investment in land and produce, for now, importation of raw sugar is unavoidable.

nosa2:
I initially did that but I undid it.

megawealth01:
It is what it is

emmanuelewumi:
They cashed out big time, in fact Alhaji was ready to buy the company back from Tiger for less than what they paid him

emmanuelewumi:
Be careful when insiders become monkey hunters, with the purported growth potential of the business they ought to be buyers

Do you know the number of United Capital staff who got loan from UCap consumer finance to buy the company's stock at N12 and below. I know because I have been getting loan from them for the past 3 years

ndept:
Thanks for the above. These are the ways through which we scrutinize stocks and not by abusing and rubbishing the views of others.

On Ellah lakes issue, someone promised here sometime ago to visit their farm and report back to us and we are still waiting on that report. But in my own views, the palm oil business is not a business that yields returns in the first 5 years, in fact, an average palm tree reaches its peak of fruition from 8 years and above. Therefore, if Ellah Lakes is really into palm oil production like Presco and okomu oil, it will take Ellah lakes at least 5 years to start reaping the gains of palm oil business. That is also depending on when they actually planted the palm trees.

NB: I previously own about 70 acres palm tree plantation and personally bought the palm fruit from Okomu oil in Benin in 2015, planted it in 2016 and sold the plantation in 2023 due to security concern. Therefore, I know exactly what I am talking about.

megawealth01:
Na ELLAHLAKES be the next analysis

crownprince2017:
I'm not surprised by a man that act like a double mouth surd who once said jaiz bank was a glorified microfinance bank and change his mouth when the reality is about to be done on him that all his praised bank will be bloated above the numbers he once criticized.
I wondered what your investing values are, suddenly you are ok with the potential bloated figures of your praised bank just because you are in the train..

As per ellahlakes old results, when you talk negative talk positives too, you will not die being objective.

Many people in that train knows the reasons they are their so no panic....

We are praying for it to come less than 3 to load up...

The money in the balance sheet is enough to go round if the company liquidated today, so why the panic if you know what you are doing...

megawealth01:
VAWULENCE is that you? My hand no dey oooooo

ololufemi:
This egbon called Jubril and all these his deft and creative moves dey give people headache o! Na real wah! Why didn't the company release the information before getting a suspension from the NGX?

Their action looks like they tried to dissuade people from accessing the stock and garner interest into whatever they have to release to the public. 🤔

It also looks like the bew baby, Oando Clean Energy Limited will take advantage of those CNG buses the Federal and State Governments want to purchase in 2025. 🤔

KarlTom:
We could talk about DIV from FY24 but definitely not FY23...

megawealth01:
You just wan argue ba? So he said he will pay dividends from 2023 financials ba?

mikeapollo:
You want Oando to pay dividend with negative shareholders fund/equity?
I would advise that you focus on Oando for price gain; dividends may take some time. But if it happens, good.