₦airaland Forum

emmanuelewumi:
Current list of stocks in NGX pension index

pensionindex no even rate their twin brother insuranceindex for portfolio
Just 1 or 2.

Valthegreat:
I beg help me with the new definition of 'organic' it seems the definition has changed. What I saw in ZICHIS has been outright manipulation and not in anyway related to organic. From #1.99 to #15 within 3 weeks with daily maximum growth without any fundamentals or serious expansion news. Get your funds ready to buy public offer very soon at #18 or #20.
If they no born them well let them add right issue to the offer let me see if the stock brokers that crossed the manipulation will buy their rights.

Lol.. We all know the price push is inorganic.
I was talking of growth from their financial statement as well as opening speech on YouTube of their financial transitions and economic growth on the Ngx floor so far from their humble beginnings a step at a time.
Sounded organic to me.
Was never referring to the price I once called abracadabra..

KarlTom:
There are several options before ELLAH mgt right now:

- reach out to some HNI investors who subscribed to the PO for private placement
- borrow internally to fund the acquisition. Then convert the debt to equity later on at a discount.
- issue CP or BONDS to fund the acquisition.
- come back to the market with a RI (after all the EGM has given approval for the fund raising).

Frankly speaking, the only thing that can save the SP from total decline are successful acquisition + verifiable commencement of milling operations...

Every mallam to his kettle

They should have chosen to become minority holders of APRN @ 30%-40% of APRN shares.. With less than 100bn issue.
Enough to get into the management board and make decisions.

It would have been oversubscribed.

Few yrs later, they can increase ownership stake to Major holders or outright owners based on performance.
Market might even price in the futuristic complete acquisition even more than the PO price but at less than 100bn capital.

Zonefree:
It is time FG investigate this wig women wear. How can one be wearing something that covers about 87.873% of their brain?

How did you get the extra 0.873%? 😂

PETERiCHY:
If you miss japaulGold

Don't miss heaven

BARGAIN HUNTERS TAKE NOTE!

As it stands now.
peeps will choose to miss heaven just to get into Japaul

Agbalowomeri:
After keeping the money in fixed deposit
Hope they will add the interest. Meanwhile, insiders that converted debt to shares at N3 must have finished selling. Ponzi comes in different format.

Omo people fit vex sell this one reach N1. Zichis mission is dead on arrival

Lol.. You feel Zichis has the same plan

Ellah don spoil their market if true

But Zichis seem more of organic growth though.

Sunrisepebble:
Please I need stock reccomendations to research over the weekend

Neimeth..
It has dropped a few percent this week from a high of 14-15 to 11 with the bull euphoria relaxing a bit.

-Undergoing twin effect of expansion to new frontier state and upgrading in its strongfold. Primarily focused on upgrading pending PO or RI in near future.

-Hedged against future forex downtown through massive inventory(raw materials)
overflow beyond quarters. To avoid repeat of effect of forex losses.

-Probably coming to raise capital in due time for their expansion
(20bn capital raise )...hence future capital appreciation in view in near term.

-As a health sector, products are Eligible to both VAT exemption (Cheaper product to customers, more sales)
and input VAT returns from raw material purchases.

-Its return to profitability.
Retained earning still negative(from 2.8bn(2024 to 1.8bn(2025)
-Revenue is improved from 4 to 7bn

It's elder brothers Fidson and Mecure are already showing workings and glimpse of Neimeths possible future prospects in capital appreciation.( though Neimeth is smaller in size with higher OS)

I trust you will do your DD as usual.

kintus:
Seriously, I no expect you to put mouth for this matter at all.

yI recall you swearing on your great-grand-fathers tomb that JP will never see any good appreciation. What changed? So you now, you dey even mention N5....Na wa oh. Seriously una ways dey scare me for this place.

I remember he said #3 before December 31, 2025 or so..

New information on Gold Mill acquisition and production is what changed in 2026.

Princkez:
but is this ellahlakes offer allotment news on ngx website?I say make I ask ooo,shine your 👀

True sha..
Let's watch

yMcy56:
Why did you keep mentioning Jegede?
Other experts are in control now.
I posted some of the changes few days ago

He knows.. He still thinks Jegede is still in the mix.
#BehindTheScene

ojeysky:
Is this source legit, because I have not seen anything on ngx yet. Looks like this news was for people to panic sell and others to grab. Ellah seem to be recovering from full offer already

I think Money central and BusinessDay carried it.
That website no dey Lie.

yMcy56:
JAPAULGOLD
People are trying ooo
Single bid of 90M unit!
Seems PFAs and institutional investors are scrambling for JP shares as well....

Over 300M units bids on queue !

I don't think any PFA will try that yet in Japaul. Even if it has prospects.
I think Pencom have their criteria or pensionIndex..
Does Japaul fit in?

Na people retirement benefits Ooo.

HesInMe:
What is this? I'm not a fan of Ellah but publicly listed companies don't announce material information like public offer results on an unverified website.

You make a point.

emmanuelewumi:
Ellah Lakes will go back to N6.00.

I don't know the new content that the content creators managing the stock price can do to prevent this from happening

They gave a caveat of 31st March. deal isn't over yet.

That might sustain the price a bit from free fall.

ee say na content creators

KarlTom:
ELLAH will likely close on full offer...

Dem say timeline is still on till March 31st..
May not retract for too long if they succeed through other means before Q1.

But it's quite disappointing from them..

They should have combined it like TIP, and other companies..
Hybrid offer.. RI & PO.

NSEstudent:
You're right. They have to bottle them derbies

Your name has been removed from the book of life

awesomeJ:
We'll still keep our hope alive, we will finally smile by May

Can't wait to Congratulate you to my embarrassment.

till then:
"Past performance does not guarantees future results".

awesomeJ:
Except for this Arsenal that is still dropping points against bottom placed Wolves.

I just hope the delay doesn't exceed 22 years.

It's about to go down again; as usual..

Since I was born but now I am getting..............

Kpele..#takeheart

awesomeJ:
Based on yesterday's notifications, the multiple X-ALERT Issue seems resolved.

Anyone who got multiple notifications from yesterday's trading should please mention.

Please note that a bid for 1000 units at 2300.00 for instance, which got filled as 500 units at 2300.00 twice doesn't count as multiple notifications.

Or 200 units 5 times, still isn't multiple.


Detecting the issue wasn't straightforward. I'm glad I detected it, escalated and it now seems resolved.

Weldone

ojeysky:
Even Zichi that we only got listing news of is not yet tired at 15+, 5 naira may be too low for JP at this momentum. I think accumulation will continue through the month unless negative update shows up.

@ bolded..
This isn't a proper comparism yet .

aj8:
🏃🏃🏃🏃🏃🏃🏃 Just watch the NAV of the ETF. Never touch with even a long spoon anything 20% above that. Crazy things happen there. Buy only after they rebalance their portfolio and sell about February when prices peak. Never never buy at peaks you'd be sorry. The market is still very inefficient. Gains can be astronomical and losses brutal. I have done a couple.

Thanks for sharing..
@Abbasmh

Sirchiboy:
I want to sue bamboo app .
ABC correct price is 9.50 but in bamboo it is 9.10.
I have screenshot and forward my evidence to my lawyer.
They will pay tire.
Enough is enough

dem go tell you say na time lag.
Wetin you wan com do?

Abbasmh:
Why is no body talking about ETFs here?.

Ogas in the house, anybody into EFTs?

https://ngxgroup.com/herere-11-top-performing-etfs-driving-investor-returns

One may not know all the underlying companies they invest your money in and at what ratio or amount.

PETERiCHY:
He will definitely use the money he made to buy another shirt.

It's an idiom kinda.

Loosing ones shirt in Nosas scenario butrressed by Emma mean the extreme cases of probably loosing your capital when you have lost the Money
(Profit/Capital_Appreciation).

or the alternative physical asset the capital was supposed to have funded.

It doesn't create the alternative .
I suppose it came from football bet, especially at night, where youths stake on credit hoping to hit a jackpot and then payback the debt; but unfortunately they lose.
With no more money in them,
They have to payback the betting agent with their shirts that night pending when they bring the cash equivalent the next day..
Even if its just #100 staked!!

yMcy56:
Any news from that quarter yet?

Their usual trademark;
Issuing commercial papers

Dem wan outperform DangCem for that area.

https://nairametrics.com/2026/02/17/vfd-group-launches-n15-billion-series-1-commercial-paper/

emmanuelewumi:
Since capital are ploughed back into the business.


It show how the increase in the invested capital affects the Net operating Profit after Tax.

In the exam above.

Invested Capital increased by N400 million to deliver an increase of N500 million in the NOPAT

I get you. Much like how working capital differentials operates from quarter to quarter.


I can see. It's quite a valuable profitability checklist. Especially as companies take-in debt and equity every now and then from time to time.

The hidden value they add from that incremental change can be quite insightful than just looking at the overall ROIC.
Gracias.

emmanuelewumi:
NOPAT

Year 1 N2 billion

Year 2 N2.4billion

Invested Capital

Year 1 N4 billion

Year 2 N4.5 billion


Return on Invested Capital

Year 1 will be 50%

Year 2 will be 54.5%


Return on Increamental Invested Capital will be the difference between the NOPAT divided by the difference between the Invested Capital.

2.4 billion - N2 billion divided by

N4.5 billion - N4 billion


That is N400 million divided by N500%.


Return on Increamental Invested Capital will be 90%, that is how to identify the next 10 bagger if this can happen on a consistent basis for the next 3 years and above

Interesting...
80% not 90% you mean if I get you correctly.

Not entirely a new ratio then, just a modification of ROIC.

I would have simply thought the obvious easy way: 54.5%-50%= 4.5% incremental return

Thanks for taking the time.

aumeehn:
Thanks for the Inputs Sir.
This seems like a lot of work lol i thought its just like buying and selling Forex with a Broker
I will go through it step by step
Thanks

You requested for 1+1.
He gave you 1+1( +extra)
In due time, he knows you will request for the additional extra topics in this Ngx- semester course.

Hence he gave you the full scheme-of-work for the term.

emmanuelewumi:
Earning growth rate, business efficiency, earnings conversion to cash rate, increasing Return on Increamental Invested Capital

Incremental invested capital dey kwa?..

Ratios too buckle for this stock biz.
Ese

Harddiskng:
Make person explain ZICHIS to me.

No single offer and price keeps moving

Is the market regulator seeing this sakameje

Abracadabra

ehay:
Good day all,

Just found out I have two CHN with two different brokers. Both CHN's were opened with different surnames due to marriage. Please do I operating them separately or do I merge them into one? Also will merging them affect the stocks due to different surnames.

I think you contact CSCS directly and via your broker and try to merge them with your chosen CHN.

Due to different surnames, they may probably need more proof to show it's same person.