₦airaland Forum

nosa2:
Ok. I dont see the relevance. This business is in the startup stage so its understandable that revenue should be nil or next to nil. How people dont see this is mind boggling. Or maybe those that do just dont post about it.

Most people here are traders and investors, not venture capitalist.
Ellah is in stage 1 of business cycle.
Agree, many start-ups fail. Infact 90% fails within 5 years
But if it scales it, a return of 10000% and more in capital invested is not unusual or uncommon to venture capitalist.
Ellah will need to raise more capital through equity or private placement which will dilute the shares one more time before profit if they get it right.
I will check their free cash flow yearly to know how much they will need to raise again.

Agbalowomeri:
Na this man wan take over letter writing from Obasanjo

WriteerNg:
The US themselves will shoot down any Ukrainian drone that flies to Moscow.

Do you think Americans want to die for Ukraine?

You think Trump is ready to lose his life for Ukraine lmaoo.

pansophist:
Every lady believe in their own exceptionalism.

They believe it is other women that will marry the poor men, not them.

Until they get older, and realise that poverty is not a respecter for anybody. The poverty their parents cant defeat is also hard for her and her man to defeat.

Then they settle

pansophist:
The best way to get a wife is through referral (AKA arranged marriage).

Let someone you know, that you trust, and have your best interest at heart help you search for a wife. If you choose a wife yourself, you are more likely to choose base on wrong reasons.

A woman that you find attractive can easily pass as a good wife. Especially when she knows you want a wife, and she may act as a camouflage of a good wife-to-be.

With referral, there is something called ''third-party accountability''.The referral has a sense of accountability to the outcome of your union, and it is in his best interest for the the relationship to work.

Also, referrers can see things objectively, they know you, and your potential wife, and can vouch for the suitability of both parties. A referrers will not look for a wife through social media for you.

It most likely will be a girl they have known for long, and everyone knows who she is. So you will have no fear if you are marrying a repentant public property. Referral by design will filter the rubbishes out.

The area that you might have to compromise on is on attraction, because a referred wife might not make your preek stand

But in the end, we will all settle. It is up to you if you want a beautiful marriage, or a warzone because you married a lady with a big behind.

You are right but this generation think it is archaic and backward yet we have seen how disastrous their choices are.
I married my wife based on family connection and matchmaking and I have rest of mind.
It would have been disastrous for me if I had picked myself then because 9 months out of a year, I was always at work and won't be able to even date well

Nazgul:
I pity youths who fight and die for politicians. You'd be shocked when you see pictures or videos of your favorite politician embracing the opposition.

Just cast your vote and move on. No kill yourself on top their matter cos they certainly do not care about you. And even if the appear as enemies, they can become allies any day.

Soludo should give him land in Onitsha so that he can learn trading.

megawealth01:
Who's this that's about selling?

My brother, that person na stock assassin

Agbalowomeri:
The guy just dey threaten una
Who sells that value on the floor?

My brother, na heart attack be this oo

KarlTom:

Waoooo
That is 2.88b in value at the highlighted

Pennystockwarri:
Below is my video on Okomu and Presco Audited Fy 24 numbers.


https://www.youtube.com/watch?v=XqLYEjX75Qs?si=70hLpd8y4C3OgLuI

Attache in the pic is my estimate for FY 2025

If they generate the est. FY eps of 190/91, there is no way their P/E will remain 5/4.
That will be grave robbery in daylight.
Looking at historical P/E, industry P/e and overall market average P/e, I will give them a 10

starpower:
. Stock market is a weighing machine. With time everything settle at it real value. Company earnings jumping to N14 this quarter, previous quarter N10, just like Nestlé Operating profit to revenue. That massive pricing power. Earnings are very vital in stock revaluation. This might be N400 in 2 years once rates are down.

My concern with stocks like betaglass and vitafoam is the business itself.
Vitafoam is not your everyday consumption. You buy it once and for the next 10 years, you may not need another one coupled with the fact that there are many competitors I. The market.
So the earnings may not be consistent.
For Betaglass, the long term sustainability is shaky because government is forcing companies to be switching away from bottles.
I am even surprised that they made grate sales in Q1/25.
Not only did they sell a lot of what they produced, their inventory went down alot which is impressive.
Wondered what happened between January and March to warrant that since it is not festive period when people drink a lot.
But what is obvious is their operating leverage.
Since management and companies have little to none control over cost of goods affecting gross margins, the bulk of reducing operating expenses lies on good management of a company which they have proved.
That is a good management there

KarlTom:
If it's good for 200, how is it expensive at 145?

That is what I think it is worth as at the time of my valuation.
If you think a keg of palm oil worths 50k if you take it to market in Lagos, why do you want to buy it at the same 50k from the village?
I preferred to have entered 100-110 leaving a good margin of safety.
At 145-165? The margin of safety becomes risky. My valuation may be wrong and I want a good breathing space for it

KarlTom:
If it's good for 200, how is it expensive at 145?

Lol.
I have to settle for nahco and lafarge.
There is always opportunities in the market.
If you miss bus from Lagos to Calabar, enter the one going to uyo.

Today's Proverb;
No matter how high the price of the horse ride, there's always someone who gets to ride for free

GeeKudi:
This BETAGLASS that keeps going up, when they eventually want to sell, who will buy from them?

Infact, knew it was a #200 stock when I sighted it at around 94-98 but on getting cash this Tuesday, it was already at #145 so I just had to look away.
It is a good stock but expensive one for now

Streetinvestor2:
Pls do you have result of jaiz bank.i can not find it.looking for jijo stocks

I checked but they have not uploaded it.

Agbalowomeri:
Who is she please?

The lady called Meri

megawealth01:
Over to Mr TIME be that

Let's see how it goes.

I checked it's historical P/E and the max she did was in 2023 - 11.4
If she tries to make that again, we may see it at #6.
So there is a price band of #3 to #6

megawealth01:
Nigeria Police Microfinance Bank is undervalued at 1.89k.

If you are interested in anything Microfinance just get a slice of NPF BANK.


This is my 6th STOCK PICK for 2025

DYOR

Checked their financials...they made 17k eps in Q1/25 which will give around forecasted FY25 eps of 68k.
The highest P/E in the banking industry is fidelity bank which is 4.
Using that, NPF should be around #2.4 max unless she continues growing her earnings.

0neal:
You are wrong!


Stay away from Alcohol and Marijuana/weed

The long term harm it will do to the brain is not worth it.

Alcohol and drugs shrink the brain.

Please reply

Trustedpronet:
You! can you invest 10knaira in Remo Stars? Put your money where your mouth is. Even if Joshua invested that amount you mentioned, it will still be looted amongst the Remo management.

Dividends Payment for May, 2025

Agbalowomeri:
Loco has moved to photoanalytics

franchasng:
Mumu boys; as if they can afford wheelbarrow tyre



How is Honda Accord 2009/2010 cheap?


He even foolishly called it "Eagle Spirit" instead of "Evil Spirit".



No car is cheap again in Nigeria under Bola Tinubu's regime.


So to those who haven't bought any car, don't let this yeye op deceive you that some cars are cheap in Nigeria, currently in Nigeria, no car is cheap.

The least amount you can get any foreign used car aka Tokunbo of any car brand in Nigeria now is 7million upwards, all thanks to Bola Tinubu and his directionless failed leadership

Agbalowomeri:
Na asset and commercial paper the guy dey analyse now

Zenith Q/25 financial report is disappointing.

From our portfolio management discussion

For those who are yet to have confidence in their personal trading career, a mixture of ETF/dollar MF/personal trading won't be bad.
A good example is the Meristem Value ETF and Growth ETF.
So far, Fund manager Mr Taiwo has proved to be a prolific striker in the Nigeria stock market league banging an average goals of 30/35 per trading season.
To beat naira devaluation, you need a yearly minimum return of 30% which Taiwo Yusuf seems to have proved possible.
Of course, past performance is not a guarantee but if a striker has scored an average 30 goals per season in English premier league, it is safe to bet on him he will deliver such in future seasons.

WriterrNg:
⚡Israel has approved a plan to capture all of Gaza and remain there for unspecified amount of time - AP

It is a ploy so as not to grant Palestine independence.
Since France, UK and i think Spain or Ireland announced they will recognize Palestine as a country in 6 months time, Isreal/US have decided to mobilize 650 thousand soldiers to totally occupy the place indefinitely...meaning they are not ready nor interested in granting these people independence despite displacing them from their land.
May God not allow us invite those who will take over our properties and Lord over us in Jesus name...Amen
SO they are sending a clear message to UK/Spain/France/Ireland that if you even think about it or decide to do it, you will have to confront us and will have to see how you can displace 650k soldiers from these territories.

goran3310:
"It's better. I don't want to completely ruin someone's marriage and destroy someone's family.
It's better. I don't want to waste time and pay for dates with a woman I'm not truly interested in.
It's better. ..."
Sorry.

Hello goran,

The bot newly installed on the forum to reduced negative words and comments auto-removed your comments.
It was never intentional, so you don't need to get angry over it. You are always welcomed to nairaland.
I believe the issue has been fixed to some extent.

Agbalowomeri:
Is the 6m monthly or annual?

Definitely yearly

Quote of the day .....

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