₦airaland Forum

GeneralDae:
If foreign investors dominate the market, this Dangote news for be heavy sell today. Na why I dey fear foreign investors most times 🤣

I will adjust my strategy for this week to see if any of Dangote Equity will enter my shooting range. In the Equity market, never say never.

Streetinvestor2:
Kpakus director loan which will be converted to equity or has been converted from zero to 6.8 billion...Dearis God

If we all chase the same ticker, where will the yield come from? Moving with the crowd will not deliver the desired breakthrough.

Toluway:
They have now acknowledged receipt of my fund about five minutes after I copied SEC in my last mail. My brother, [/b]the money is huge[b]. The highest I've ever transferred.
They didn't allow me to use it today. I thank God they've acknowledged it's receipt anyway.... promising to process it into my account on Monday.
I also used them as my alternative broker, because of their behaviors.

The bolded may be the reason for the delay.

ElectronicMoney:
I need advise on how best to approach this problem.

In June 2007 I made a deposit of N100K to a stockbroking firm for the purchase of shares of Wema Bank.

After the shares were purchased they gave me my CSCS number and the CHN and I had no further contact with the stockbroking firm; this was partly because the market was not doing so well and the price of shares had crashed.

In 2015 or thereabouts I went to the office of the stockbroking firm and learnt that they had moved to another address.

Now early this month when I heard that shares had started going up in price I searched for the company online and was able to get their new address and their phone numbers.

I put a call to them and asked for a copy of my CSCS statement which was sent to me.

When I examined it I was shocked to see that the number of Wema Bank shares was just 1,700 approximately when in actual fact it should be above 20,000.

Let me state categorically that I have never given instruction to sell either verbally or in writing!

Even if there was capital reconstruction by Wema Bank between 2007 and 2025 there is no way shares of N100K which were purchased in 2007 would have reduced to just 1,700.

I need advise on how best to approach this matter because I am very sure that something does not add up.

Request for your statement of transaction from the Stockbroking firm

STNWAUME:
Instead of focusing on your so called stagnant Access and Fcmb blue chip stocks.
You are busying envying those making tonnes of money from rotten tomatoes stocks

He is scared that those with rotten tomatoes money will soon come to buy him and his blue chip stocks🤣

As controversial stocks go, Oando and Ellah share the crown. We need to discover another one. When the next one breaks out, not even Olumo Rock will be able to stop the run. Patience and Conviction will always carry the day. Please stick to whatever works for you as an investor or trader.

To every gbas, there are always corresponding gboses.

SonofElElyonRet:
It's a new dawn at Ellah.. be there or be square

300%+ paper profit and still pumping 🍾

SonofElElyonRet:
Make we dey observe.. I expect this to happen

The job is always easy when you are not the one doing it.

Sabiboy99:
Make we day post montly performance, I Wan they displace some of our ogas here ..

#Capacity

You can start to demonstrate your seriousness

megawealth01:
I decided not to talk about it again because I believe those following me has gotten in enough at sub 7

UNIONDICONSALT that will still deliver at 50 and more sef if one ALHAJI finally buys a large stake

By the way DANJUMA is still the majority shareholder still

Their transformation, expansion and diversification strategies are on the right direction.

Alhaji needs to make up his mind on cash for share or shares for shares which is the preference of the existing shareholders.

megawealth01:
You don't need to bother yourself. Those who claim to be students of Buffet should know better how he plays his games...

We always encourage people to DYOR for a reason... Since 2023 people have been waiting for the bears but they PROBABLY don't understand anything about repricing

The volume of foreign funds flow into the economy is large and most will ending up existing companies rather building new ones from the scratch. The time for fundamentals will come, now it is just to follow the money 💰

Picky1:
Warren Buffett likes to say, “It’s only when the tide goes out that you know who’s been swimming naked.”
That’s his way of saying a downturn exposes those who had been taking on excessive risk when times were good!
- cnbc analyst

The same Buffet that likes going for businesses undergoing restructuring and repositioning?

SonofElElyonRet:
"Present sir "

Good luck bros. O maa loud.

A couple of days ago I mentioned the second salt and someone asked for my reason and to which I responded "hopeville".

I have acquired a few units of the stock because it is an illiquid stock with a total of less than 300 million units in issue. The SP is already in double digit and I may buy more at the first sight of price retracement

I gathered that the second Alhaji has made a proposal to acquire the company (I think because what is foods without salts?).

I hope the acquisition moves sail through because I believe it has a very bright future. The vulture is a patient bird.

This is just HOPEVILLE and not to be taken as a financial advice.

megawealth01:
See as all the nonsense stocks are minting CASH

If the fundamentals stocks police arrest you, you go tey for custody 🤣

ceelog:
J think this works if the funds come in one swoop. If one is dedicated in buying a stock every month for instance, though the average percent return will be lower for an increasing stock, but each set of the bought stock retains their respective percent gain.

Is that correct?
For instance if i bought Ellah at the following prices over the last 2 months...

At 4 naira
At 5 naira
At 6 naira
At 8 naira

And sell all at 11naira.

I will be making gains of 7, 6,5 and 3 naira respectively if i didnt have the bulk money to buy at 4 naira or wait till 6 naira to buy.

So the question basically is does it make investment sense to keep topping up in a bullish market and hope to exit at a comfortable price?

My own approach is, using Neimeth, bought 200,000 units, for example, sell 100,000 units at around 170% gain and abandon the remaining 100,000 units to do whatever. Move the proceeds to a new ticker. Rinse and repeat.

phadriz:
There is no harm in asking. I just sent an email to the registrar this morning, I no fit dash them over 500k

Japaul has paid

SonofElElyonRet:
Some inaccuracies in the percentages

I can not see any percentages, is my eyes paining me ni.

Streetinvestor2:
It is one of the two stocks.
It is S or T stock. It is illiquid
I wanted to buy the S for [/b]jijo[b] but no offer How it has moved I believe na MM work
I could be wrong oh

The float doesn't make the stock a jijo candidate. Infact, for this stock I am not thinking in quarters but in decades.

If I am able to buy more tomorrow, even if I couldn't get the quantity I can afford, I will drop more hints (I will not name names) and my investment thesis.

chunkuli:
Which one my brother? .

I am still struggling to buy. I will give sufficient hints after I have bought because it is a very illiquid stock. It is not a popular stock.

yMcy56:
Abi nah.
What's happening in market now is beyond fundamentals....
I was telling someone that the companies that didn't even make up to 1/10th of Oando is moving on the Exchange ...
Lots of penny ones that are easily moving up with little or no fundamentals...... Though some are being manipulated by some big guys around, good for those in them anyway...
Oando's time will also come.... Its case cant be different..

I have my eyes fixed on only one stock for Q3 but bids full ground but offers no dey. It is going to be a LONG play for me. We see how it goes

yMcy56:
Are you minding Peter?

Anyway, where you see Unilever and Cadbury at above 50, expect PZ to catch up at some point...

In all these movements, it's [/b]OANDO[b] I'm eagerly awaiting its own upward movement.....No matter how they try hard to suppress the mvmt...

Please allow oando remain under the radar

EDUECO:
It is during bear [/b]we will know the real investors[b] and not those gambler who call themselves investors!

Then what next?

SonofElElyonRet:
What's the basis of your union dicon recommendation?

Hopeville

Ginalex:
Looking for the next opportunity to cast my fishing net

You may want to have a taste of another brand of salt 🧂

Streetinvestor2:
Let understand this financial magic because I must say what I see which I did in alhaji sugar before the failed merger. And time proved me right
A company was making revenue and as a limited company owned by Mordi. The company was making revenue from FFB because they had some [/b]matured palm farm.[b] They had no processing mill.
Then why did it stop producing revenue even if snake has been swallowing it to declare loss at thr end when it became listed company on ngx.
What type of accounting system did they adopt. Did the trees stop producing fruits for sale
It was because of quality business ,revenue and profits that 1.88 billion shares was created for the mordi in exchange for his farm as ellahlakes had only 1.22 million shares before the take over.
I am not interested if the share price turns to transcorp hotel shares.
How then do you trust this management with 250 billion even as they say he had bad records in dicon salt

Without holding court for Mordi, and without claiming this is the case with Elijah Lake, what I know as a general rule is that every biological assets have a life span and their productivity is also a function of the assets in question.

Every valid concern should be to the benefits of the company concerned

SonofElElyonRet:
What you posted was 2024 year end
"For the nine months ended 30 April 2025, Ellah Lakes Plc reported revenue of ₦87.95 million, compared to ₦0.42 million in the same period of the prior year". from little sales of agricultural products

Which hybrid of palm trees will start bringing revenues in 3 years? I would like someone to help me to make it make sense.

I have gone through the process and by 3rd year I thought I have finally been trapped by my village people. Thereafter even the first fruiting was only fit as poultry feeds.

The way we seat in the comfy of our offices and keyboards to write off the honest sweat, efforts, anguish and sleepless nights of others is nauseating. With the ignorance we display as knowledge on this faceless forum, little wonder we are where we are at this moment as a people.

Constructive criticism is fine. To be skeptical is natural but the window of DD is always open to those who are genuinely interested in knowing the fact.

We should endeavour to be what we look for in others rather than always being in the vanguard of disparaging and running down the endeavours of people struggling to make an impact.

SonofElElyonRet:
Ok.. whatever works for you

Integrity Police

EDUECO:
Oppression start selling your junk stocks has been launched.

Newbie don't ever buy shares of companies without good and consistent dividends.

The Monkey Hunters want to sell worthless stocks to you.!

Beware of Monkey Hunters.

We need to assign an officer in charge of newbies. We shouldn't allow anybody to claim interest of newbies without authorisation

yMcy56:
Lol.
Dem suppose make you chairman for that stock 😁
Cocoa is not joking at all......
Just dey vex dey go...
Full bid @4.42!!

Meanwhile, [/b]CI Leasing @5.06......[b]
All offers cleared...
Prof, I was also telling them that the results aren't that bad as many portrayed it.

Remember that Q2 is also a couple of weeks away. Nobody should dissuade anyone that enjoys jumping in and about

ositadima1:
It’s perfectly fine if your goal is to invest for 10 years—there’s nothing wrong with that. The problem lies in thinking that just because you choose to do things one way, that automatically makes it the only valid approach.

The world is much bigger than whatever experience you believe you’ve accumulated. Not everyone aims to hold for a decade. Some are comfortable with capital appreciation while actively managing risk. Others, like us, identify stocks with potential—just like we did when Ellah Lakes was below ₦3—set a target exit, and if our calculations are correct, we hit our goal.

Must everyone be your kind of investor? Must we all see the world in black and white? Think deeply about these questions.

If we all buy his only 3 stock pick, who will buy the remaining 100 plus listed stocks? What is his annual return for his picks and what is the return of others that picked differently? As the saying goes, every mallam and his kettle.

Ourown:
Omoh, I have lost about 300k on CILEASING and counting, should I sell and cut my loss?

I need to invest in my education before continuing to participate in the stock market. So I can decide for myself and stop following what people are saying here.

God abeg

Hold your nerves