₦airaland Forum

kniru:
hehe, he was the ceo of royal exchange and an ED for AMCON, not sure what he is doing in ellah though, in the whole ellah board, na only 1 person sabi agric work.

Dem think say Agriculture na Nigerian politcs where dem dey put wrong peg in a square hole?

Streetinvestor2:
I actually opened this balablu to know whr and whr this new guy would have worked in good/performing company. They ended up making noise like apc without single indication of a company he has proved his expertise with all the hailing..
Why is this ellahlakes like this.When you think something good is about to happen they bring another blind spot

Alaye Agbalowomeri say the company name na Ellah Kpekus(Obo) !

Ellak lakes now acting like APC that rented bishops.

Agbalowomeri:
Na wa o

Oga why you dey edit my comment?
Na Lekus I write.

E shock o?

You don go where dem dey drain them?

The place be like dust bin.

Iceking1:
Boss, I can't record and allow them see me, the consequences would be out of this world, they might seize my phone or worst still land me lots of slaps before throwing me inside their van. I'm always calm when dealing with them, to avoid unforseen circumstances.

This is how to act when with police.

Always avoid every police check point because their aim is to obtain you.

Dzzzz:
100yrs for this life wey you come and you still Dey act like novice for Nigeria ahhh!!..Wetin concern police with agreement paper?..You go pay 80k for shayo..My friend go back there and collect your money,if e possible carry soldier join body and meet up with the DPO,them go provide the police them..

The guy funny o!

He for just reverse the car to avoid their wahala.

If you like get everything,police checking point na for revenue collection.

HesInMe:
Lol. Ellah is not an agro firm; it's a private equity firm. Its expertise na scamming financial engineering. They have almost never met any guidance on farm operations, but they know how to rejig their finances.

They only want you to write positive comments on Ellah lakes or is it Elijah lekus!

SonofElElyonRet:
You are not even comprehensible.. must you attack everytime? Check out his excellent resume.. come on dude!

Some folks here are too serious?

You don't even know when someone is joking?

KarlTom:
There is a need for you to exercise some restraints.

If you feel like replying anyone's opinion, kindly do so in a dignifying and fact-based manner.

It make you worth your while...

I have heard you loud and clear!

On a lighter note,this was how APC packaged Bubu as Mr Integrity and a reformer;but we are all aware how the last election was rigged in favour of another APC successor.

SonofElElyonRet:
From UK LinkedIn. Looks like a half caste
He's a big catch for Ellah Lakes!
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Hewett Benson
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Recognised acumen in strategic planning, prioritisation, and execution to achieve customer satisfaction and organisational bottom-line targets. Retains strong asset management and capital (debt & equity) market knowledge and significant experience in starting and managing large-scale transformation projects from inception to completion. Demonstrated abilities in capital raising, fund management, project finance, deal sourcing and networking to build fruitful partnerships that deliver double-digit bottom line growth. Has an aptitude for understanding consumer dynamics, defining market initiatives, and driving commercial partnerships. Possesses experience in designing long-term visions for a wide range of industries within multiple emerging markets.
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A new season begins. Congratulations to the incredible women who make up the newly inaugurated Executive Board of the American Women’s Club – Lagos. It’s a privilege to serve alongside such passionate changemakers — each bringing their strength, voice, and heart to the table. Together, we’re set to build something meaningful. 💫 #AWCLagos #WomenWhoLead #KemiEmpowers #KemiSokenuMorris #LeadershipInAction #ServiceAndSisterhood
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• Oversaw transformation strategy through coordinating recapitalisation of subsidiaries to required regulatory book values: a/ 60% of general insurance for $20m; b/ 70% of micro finance bank for N200m; c/ 70% of HMO for N250m; and d/ 100% sale of life assurance for N10b, with option to invest 15% at par within 15 months.
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• Strategic Investment Vehicle (2019): Organised Africa’s first sub-national strategic investment vehicle with primary focus on infrastructure towards increasing Lagos States’ economy and quality of life. Involved significant advocacy with State in securing approvals.
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• Coordinated team responsible for sale of ≈ $9 billion of securities (49% of AUM), needed to partially retire and refinance maturing bond obligations in Q4’2014.
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Enterprise Capital Management Ltd
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Enterprise Capital Management
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• SME Fund (2003): Organized PE Fund, in partnership with Community Development Venture Capital Alliance (CDVCA), USA, for investments in SME’s with funding from banks
• Lenux Integrated Resources (2004): Financial Adviser acquisition of oil marketing firm, Eterna Oil & Gas.
• Day Waterman College (2006): Financial adviser on establishment of N7 billion boarding school in Abeokuta.
• Cinergy (2006): Advisor on acquisition of ABB’s equity in Azito independent power plant, Ĉote d’Ivoire.
• Bank (2007): Extensive travel across West Africa (primarily Liberia, & Sierra Leone) deal sourcing (in finance, hospitality, & oil & gas). Outcome was establishment of bank (GTB) in Liberia.
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Asset & Resource Management Ltd.
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Chief marketer I hail o!

I hope this is not the case of Nigerian professor wey no fit profess him are of specialization?

emmanuelewumi:
Na Lebanese dem dey always rent

Alaye even agree say dem dey rent Oyibo

This one na half caste

Agbalowomeri:
His plane don crash

Dis man want use laugh killi me

KarlTom:
That is where the gem is: Mr. Hewett Adegboyega Benson

What is an Aeronautic Engineer doing as a CFO...

He came to engineer the funds

Princkez:
nah onyibo man ooo

Just dey play!

You no know say dem dey rent Oyibo for Lagos and Abuja? This one na packaging.

yMcy56:
😁
This Sonofbuffet, you get too much wahala o.
You'll soon go again if Mr. Market refuse to listen to you and your rantings

I have heard you loud and clear our guru!

But you have to pardon my excesses because you know I'm a real newbie.

Wetin be this ?

SonofElElyonRet:
Stop these attacks. Distasteful. You can express yourself without invectives

Okay Sir!

I have heard you

But how person go buy land and build house to let for erosion prone area and he/she dey call himself/herself real estate investor?

Fred2020:
How/Why is Daarcomm on full bid?

Since I have ever known the stock exchange Daar has been making losses and only managed to avoid negative equity by revaluing their assets.

They're about to pass the baton to the next gambler (mugu) who thinks he or she is an investor!

Na joke I dey joke o !

Harvestock01:
Then what next?

You reap what you have planted.

mikeapollo:
I can see that you love calling people names, even when you confess to be a newbie on a forum that is meant for the exchange of information, ideas, knowledge etc.

I'm only reciprocating and making facts crystal clear

Equity investment is all about real earnings or cash flow and not hoping in Hopeville city.

I hope you're happy because I'm always happy. ;

BabsO2:
One of the risks of investments. The risk is even higher when a company doesn't have good records of deploying resources efficiently to generate good returns.

The gamblers are celebrating and encouraging charlatans who call themselves managers.

It is during bear we will know the real investors and not those gambler who call themselves investors!

mikeapollo:
If you are a newbie, then it is better to avoid using derogatory words (bolded) in a hasty manner when it is not even necessary.
Investing in stocks has different perspectives based on several information and factors at one's disposal.
The reward comes from dividends, capital appreciation, bonus issues etc.
Sometimes, capital appreciation within a few days/weeks may deliver what dividends alone cannot give in several years to come! And vice versa. Sometimes, only bonus is given for some years, without dividends (cash).
There are many investors (even among the so-called newbies) who may not even be interested in dividends but capital appreciation! Which stocks would they have to buy then?
In some cases, people just buy stocks for the future of their kids or younger ones even though the company may not be paying very good dividends at the moment (e.g. FBN when it was selling for about N3-N4 a few years ago).
So Dividends is not the only reward, hence it is myopic and shallow to use it as sole basis for assessing performance.
At the end of the day, no one on this forum would solicit or demand money from anyone to invest in their stocks. . So there is no one to scam anyone; we only differ in our views and opinions about stocks..

I have heard you Mr Investor turned gambler!

I hope you're happy now.

feelamong:
There is a capital raising exercise about to happen in Chams

Keep ya eyes open and know when to run....Plan is always to push up the share price and do the capital raising at a discount to the market

They are raising funds that they are either going to mismanage or embezzle.

Before 2 years this bull run will be over especially for junk stocks(no-dividend paying stocks).

They are all raising funds that most of these companies cannot manage efficiently.

And junk stocks will be decimated by the ravaging bearish market.

And those that have been swimming naked would then be revealed.

investmentworld:
Primary purpose of people in the stock market be you a trader or a long term investor, TA or FA , Spiritual or sentimental analysis is to make money . I am tired of people here who takes delight in running stocks down just because they don't like the stock . You do not have to involve yourself in a stock you do not like . They say you get yourself dirty when you fight with the pigs . As wise person, just respect yourself and leave people to be the managers of their portfolio . I am so sick of the lingo"I am trying to protect the newbies" . we all have been newbies at one time or the other and sooner or later , the newbie will learn and become wiser.
Stop running down other stocks. focus on the one you are invested in .
Everyone has his or her investing philosophy and as long as it is making money for you , we will all be alright . Don't juxtapose your investing philosophies on others because several factors such as age, amount of capital available and others are involved .
The one that I can't get over is where some members of this forum are magnanimous enough to bring some CEOs of these companies on X spaces and ask members to come and ask questions and hear straight from the horses mouth . They won't show up and later they will start crying and asking irrelevant questions to members of the forum when they had the opportunity to questions directly to the owners of these companies.
The same people will whine that people like Boniface Okezie and their likes are handpicked to ask questions during AGM but when you had the chance , you refused to ask .
A lot of companies are running now and any observant person will understand that there's a big policy shift from over reliance on crude oil and diversifying into other areas especially agriculture which is a big money spinner especially with tariffs being imposed everywhere
Agreed we are going into an AI world, Ai can improve your productivity but will not make yam, cocoa, palm oil germinate .
Any sharp investor must be street smart. you hear word like blue economy to the extent we have a ministry set up for that, you hear our president about making Agriculture sexy again but some of us are just focused on balance sheet . Go and find out what is happening to the price of cocoa and how Nigeria is beginning to position to become a leader again the production after cote d'ivore and Ghana recently had some blips due to weather and you see the only Cocoa company we have listed on the NGX doing massive volumes in the last 4 weeks and all people are interested in is they do not have any revenue and their balance sheet is in a mess . You want to hear there's a turn around first before you start buying and later accuse village people of having a strong hold on you .
Any ways massive shout out to @yMcy56, @surprisepebbles, @currentprice, @agbalowomeri, @biovail@olufemi @emmadot @paEwumiand all the ladies and gentlemen who keep this forum going . Let's just learn to tolerate each other help each other grow financially . I have a lot of respect for people who are into stocks in Nigeria because it tells me they want to do the right thing to make money rather thanusing other means .

Oga Guguru I greet o!

I welcome your aspersions with open heart.

When I see the Noise Traders I easily recognize them. The noise traders are charlatans or scammers and they're so good in marketing junk stocks like 'Elijah Lakes' !

Like I will always write,my fellow newbies beware of scammers whose sole trade is to market junk stocks without consistent earnings and dividends.

Is like you don't know the meaning of investment with respect to the stock market. If you bought a no-dividend paying stocks without ever selling it; then how are you going to recoup the funds you used in the purchase of it? I know you are a gambler!

unite4real:
Something I still did yesterday as usual with Morgan?

I will confirm it

Mfunkynation:
You are wrong in your opinion...
It's possible

I will confirm it .

ndept:
The bolded is not right please. I bought a stock last week on Morgan platform by 10.45am and sold by 1.45pm same day. For avoidance of doubt on why I bought and sold within 4 hour, it is just for a profit of around seven percent, because I don't really have confidence in the stock for a long term, not even one week.

Alright!

I will try it to confirm your assertion.

SAK:
No sir,you can buy same day and sell same day.

I think it depends on the stockbroking firm,it is no longer possible with Morgan capital.

SAK:
I tried to sell one of the stocks I bought yesterday,the error message was "insufficient balance" which was not correct.

I think it's the T+3 trading rule for it to be available for sale.

SonofElElyonRet:
If I have some spare funds I'll buy access. Hopefully they'll slow down on the acquisitions and start rewarding shareholders with bountiful dividend payments

The acquisitions have really increased the cost of revenue.