₦airaland Forum

Omooloriredade:
....

Questions:
- Why would a small company like Ellah want to raise that much?
- How do they intend to achieve this?
- Do they have sophisticated investors, foreign portfolio investors or venture capitalists waiting in the wings?
- What would they do with the money?
- How about the dilution to the register or impact on share structure? Will they be looking to address this in the future via a share reconstruction or what?

Management did indicate they were in discussions to acquire an entity.
- How big is this entity?
- Is that what the N250B would be used for?
- Who are the potential targets?
- Can this be likened to acquisitions that eventuated in the past eg STB vs UBA?

Pure Speculation territory now as I am also left scratching my head on what the N250B would be used for:

Wilmar international is now the sole owner of PZ Wilmar after PZ divested their 50% holding of the later for $70M (c. N105B) consideration. 100% of PZ Wilmar is about N210B. Could this be the target entity?

Wilmar’s plan post exit of PZ Cussons:
“However, we recognise the importance of having strong local partnerships in the markets where we operate and will be looking for a suitable local partner for the business.”

ALL in my opinion. I could be sincerely wrong.

KarlTom:
Ellah had received ₦2.08bn as deposit for shares.
Plus the ₦420m convertible loan gives ₦2.5bn.

If they're raising capital via equity, 500m units (for SP of ₦5) is already pegged...

OS is currently 3,858,173,594

NB:
Barr Emmanuel Jakpa loan was initially ₦1.5bn.
No public info on how it reduced to ₦420m

mikeapollo:
There is no disclosure of the specific amount or volume the directors/shareholder debt-equity-conversion

KarlTom:
I actually sold a little.

Hoping to jump back in before Friday when the steam subsides

SonofElElyonRet:
Oo gbadun

Locotrader:
Don't mind short people.
Their sense of humour are very unique.

Locotrader:
Today is the last trading day for half year 2025.

Market will definitely look up today to usher a July bull.

Remember you can make something @ Deap cap for short to mid term.

Remember CI LEASING has been a stock to watch.Today is pivotal

Ahia oma

SonofElElyonRet:
With all these subsidiaries why are they not making profit?

Mankind2024:
Thankfully, there's no mention of PIT (PAYE) here. Until Nigeria implements a system to directly tax self-employed individuals like myself, the tax collection rate to GDP will likely remain low.

moneymanager:
Pls note that sometimes when a stock has been red all day, some members here wait until the market is about to close and then pump their cash in to change the price from red to green and then they say the market changed directions.

Has the Ololo arrived yet

SonofElElyonRet:
With this volume at today's price, it can't crash

faoogoke:
Over 113 million units of Ellah Lakes exchanges hands today! The biggest rally ever on the stock.

Some players have come to take a long term seat.

We wait for our N100 target in the years to come.

kintus:
Abeg oh....Make Ellah continue oh. Some of us never benefit from the rally.

Locotrader:
Now that Ellah party is over
Let's check on Cileasing
The next in line for constant rally.

Payunsin:
Am just loading only Transcorp.
Hope I am ok sha?

orriyomi33:
Good morning to the experts and gurus in the house.

What are the effects of the new tax laws the president will be signing today on the stock market?

Streetinvestor2:
I follow dey shock for this oga this days. This na oga way they say follow the money those days in sound stocks.
I am beginning to think whether an amateur has taken over his handle or portfolio. I no understand again
This his new found love in dry bone come they fear me...lol
Why will anyone be buying that stock at this time.Instead go play naija bet with the money oh

CryptoLite:
My Thoughts as a $BLUM Miner on Passive Income in Today’s Crypto Market

I've been navigating the crypto market for a while, seen how unpredictable 2025 can be Bitcoin’s hovering around $99K, & altcoins are up & down daily. To hedge against this volatility, I started focusing on low-risk ways to earn passive income, like mining & staking.

One project I’ve been involved with is $BLUM, which I’ve been mining on Telegram for a months & it’s exciting to see it gaining traction.

$BLUM listing is confirmed for June 27, & the community’s been buzzing, trending globally recently, which shows how much support it has.
There’s also a PoolX campaign for holders and a CandyBomb event for traders, which could be interesting ways to make the most of $BLUM once it’s live.
As a telegram miner, I’m curious to see how these opportunities play out & whether they’ll add some steady value to my holdings.

For those of you mining $BLUM or exploring passive income options, what’s your take on these kinds of projects?

yMcy56:
The volumes in NB is so huge.....
Massive funds entering that stock...
Needs to break out from its 58/59 junction and close the gap with Guinness.....

PZ: huge volumes in cross deals at circa 38.75/39....
With Cadbury and Unilever moving, it's just a matter of time that PZ will catch up...... all things being equal.

Exploring the future of energy at the Dangote Refinery with NGX Group of Companies board and management and capital market leaders. Incredible insights into Nigeria's industrial growth #DangoteRefinery #NGXGroup #CapitalMarkets" pic.twitter.com/pQtP7WQGW6

— Nigerian Exchange Group (@ngxgrp) June 25, 2025

GeneralDae:
Today’s market was just wow. Green everywhere (up 1.22%).

leo1234:
I can't find TIP (The Initiates Plc) under equity.

Heishere:
Good analysis. But why is chatgpt recommending hold? Decision making no make sense o

Agbalowomeri:
I think say na only oil and gas you dey buy

Fred2020:
Chief, any prospect for Aradel? I guess the decline is connected to the drop in oil price?