₦airaland Forum

hayyawithme:
Let the young man Japa. With all these what is he still doing in Nigeria? He can go to UK and Canada for his masters and there after behind.

emmanuelewumi:
Should we be looking at another 20% gain in 2024, which will push the All Share Index to about 90,000.


It is very possible, our stocks are still cheap, with the current inflation and currency devaluation. Naia denominated assets will be repriced going forward

phadriz:
FYI, I don't think your portfolio can be up 60% of mine, so you are not in the best position to tell me to think big. My exposure in Trancorp alone is not for the kids. Even if I sell down today and put it in money market, I can never take paid job for life in Nigeria. So am not broke. You are thinking of taking 10m loan which is around £7k, and you feel am a broke guy. Faceless platform na leveller sha

Streetinvestor2:
Oga just relax.The person you are talking to knows this business better than you do.i can say he is vast knowledgeable than you think and has been playing this loan thing for long.If you want to learn that part of trade you calm than and learn from him.Him na oga for stock market

phadriz:
Go ahead and take loan then, you are sounding so confident as if you can always beat the market. Which due diligence are you talking about? A single govt policy will cancel the so called due diligence. My point is don't get carried away with the bullish in the market by taking uncalculated risk. Just imagine someone that took loan to buy Oando @ N16 believing it will rise to N20, it's almost 3 months we know the price of Oando now.

essentialone:
Why do people take loans to buy shares?

Just asking experts in the house.

What are the advantages and disadvantages for those who do so?

Ositadima2:
Unless my numbers are wrong, since it started trading, it has done only 300 million naira with 31.2 million units traded. For a stock with over 4 billion units, it seems the party has barely begun.

But, I believe you wella, what ever you say.

megawealth01:
I have been buying TOTAL at bargain prices in bits since this DECEMBER...

Just loading it up because of SEPLAT

aj8:
The FBHN trajectory makes common sense only through a bonus issuance. May be a dividend of N1.50 and a 1:4 bonus in which case a price target of N30.00-N32.00 would make sense.

Please this is not an investment advice. Hopefully an intelligent guess.

ositadima1:
Based on current plans and progress, Ellah Lakes Plc is anticipated to commence revenue generation in 2025. Their 2,400 hectare oil palm plantation in Edo State is projected to commence oil production in 2024, and their cassava processing plant is also anticipated to be operational in 2024. Upon the operationalization of these facilities, Ellah Lakes will be able to begin selling their products and generating revenue.

Its total equity stands at 19.9 billion naira as at the end of July 2023, which has been increasing, primarily owing to land appreciation. The group has been incurring an average of 900 million naira annually to run the farm and business. I estimate that they will expend a total of approximately 2 billion naira before commencing revenue generation in 2025. This amount will be covered by land appreciation.

ELLAHLAKES possesses 5,000 hectares of land, with 2,100 hectares currently planted, while OKOMUOIL owns over 32,000 hectares of land, with 19,000 hectares planted.

Below is a simplified back-of-the-envelope calculation of what may be anticipated from ELLAHLAKES in 2025:

*Currently, OKOMUOIL generates 16.2 billion naira in profit after tax (PAT) from their 19,000 hectares.

*I project ELLAHLAKES to generate 1.8 billion naira in PAT from their 2,100 hectares proportionally.

*Assuming reduced efficiency due to ELLAHLAKES being relatively new, 0.8 x 1.8 billion naira = 1.44 billion naira in PAT.

*Earnings per share (EPS) of 1.44 billion naira / 2 = 0.72 naira.

*At the current price of 3.13 naira per share, the price-to-earnings (PE) ratio should be 4.34 compared to 14 for OKOMUOIL.

*Estimated dividend yield of (0.72 naira / 3.13 naira) x .8 = 16%.

Conclusion: If all goes well, purchasing it now or at a lower price, if feasible, would be akin to purchasing UCAP in 2020, lol.

Additionally, I have observed increased interest in the stock in the last 3 months. A stock that previously traded below 10 million naira in a month is now trading 300 million and 190 million naira monthly.

Krisuba:
How many barrels has he produce?? Mago mago everywhere.

Bizibi:
I am beginning to believe locotrader on his opinions on the mining sector. Got an info on nassarawa state election,the governor and one of the alhaji....that sector should not be overlooked.

Locotrader:
Pls classify in advance.
[/b]Penny stock or blue-chip stock?[b]
Which sector?
[/b]200% at this time of the year?[b]
I guess oando sha

yMcy56:
What's your risk appetite like?
If you no get shock absorber, jejely go and buy NASCON or Dangsugar and wait it out.
If you want Veristakap, you can play with small change.
I no fit shout or shalaye for here o.

UNITY Bank is however due to merger news.....
You can wait for pullback there to pick some if interested or looking for penny stocks.
* JAIZ Bank also......@1.60 or below........ before dem go come for it.

Locotrader:
I started this business with 140,000 in 2002.
I have built a personal house, tenants houses, hostels for students, plenty lands purchases, tricycles on the road and happily married with 3 kids as at now and I control over 50m naira stocks presently.
My brother,I think I am okay with my investment pattern and plan.

I don't like your pattern of trading.

beejay1:
Pls house, for clarity, does Japaul making a private equity sale of 8b shares increase their OS post sale to 14b shares?

Deadlytruth:
You should have just dropped it here back then at least for those of us who are fair weather fans of Japaul. With your revelation I would have loaded twice as much as I did last week when it retraced to 1.19.

yMcy56:
You're right. My mistake.
Picked another figure instead...
So, It's not even up to 200M units.....190M (additional listed Rights Issue included)

yMcy56:
*Edited*

PETERiCHY:
This was the comment LOCO made on 3rd November after he panic SOLD his Japaul at loss now waiting for BEAR to REPOSITION in UBA with the PROCEEDS.

LOCO can be likened to that man in BIBLE that was FORETOLD that GRAINS will be sold cheap within the next 24hrs but he won't PARTAKE in it .

We've told him SEVERALLY to go and APPEASE the gods but he STUBBORNLY refused.

[/b]Japaul should do daily ten ten percent for the remaining trading days in November. Caveat: This is not a buy, sell or hold recommendation.[b]

BARGAIN HUNTERS TAKE NOTE!!

Godisfaithful:
Thank you Mr. Young Investors. Don’t worry, Naa here we dey together when NSE crash and I will buy all your holdings within minutes Lol

edwardaigb:
Good day brother and sister, peter never put a gun on anyone Head to buy OandO

Zagee:
I've been on the receiving end of PETERichy. Neimeth 2020, my entrant year to the NSE with no skill. Its something I can never forget.
😂😂

faoogoke:
If you purchased Lagos building and investment company plc shares back in the days I have good news for you.
The company shares was listed last week at NASD OTC last week.
@ N2.41k

Let the party begin

crownprince2017:
Guys meritrade are trying to scam me, [/b]I opened an account with them on Sunday then on monday I wanted to trade but I couldn't fund the account[b] via my account through my dashboard, so I chatted them up and the agent sent me their company accounts to send money, after that she told me that I will see the money soon, after few hours I didn't see the money, I chatted them up again and the other agent said the money I paid is part of the requirements to get my account running then I asked again what is the time frame to get my account running she said 24 to 48hrs the time frame has elapsed no account. so I told them to refund my money to my which I Mailed them regarding that uptil now nothing. I chatted them not quite long the lady first deny the date I sent the money but I forwarded the receipt she now said she wanted to do follow up on my email regarding a refund, after wasting alot of time she said thanks for holding and nothing, after a while she said they are close for the day that till tomorrow again. My 100k is with them, they are not willing to refund the money, I already told them that am not more interested in their services again. Pls advice me.

edwardaigb:

best answer for Negative person.

jarkbauer:
What may happen to the stock market incase the military takes over power in Nigeria. I see a probable power takeover happening within one year.

locodemy:
Let's see how the market will react tomorrow.There was so much activities in Transcorp today.By the time Transcorp finish buying all the power plants in Nigeria, the share price will begin to compete with Geregu and other big companies

https://www.thecable.ng/transcorp-led-consortium-acquires-60-stake-in-abuja-disco/amp

Agbalowomeri:
Abi na dem dey tiff our oyel