₦airaland Forum

PZ, NB an MB .

Sunrisepebble:
No more undervalued stocks for me to enter on NGX. Fidson has already reached my exit junction

Maybe I learnt it from Bruce Lee .

nosa2:
Why are you trying to catch a falling knife? Stocks always have a consolidation period. Wait, prices will stabilise before reversing

I'm contemplating between buying today or waiting till tomorrow...

In all this 'confusion', I would have expected the CBN or/and the Banks to release a statement to clear the air but...

yMcy56:
Opportunities in banks.....
Don't follow herds mentality to sell off your bank stocks, at least don't sell at loss.....
Some people are waiting with sharpened Cutlass to pick from you cheaply.....

* GT already stabilize and reversing back up with higher bids than offers.....

* Counter news may again surface, those guys at the helm of affairs can confuse themselves sometimes....
How will they say banks shouldn't pay dividends?

Kudos @Streetinvestor2

This is a rarely seen facts-based post by you.

I'm looking forward to much more

Streetinvestor2:
Now based on interview and other facts outside ellahlakes as evidence you will prove me wrong by coming up with your own numbers.
In 2020 ellahlakes bought I farm with promise to install 20 tonnes of oil mill.In 2025 they are able to install 3 tonnes oil Mills to be commissioned soon
The ceo said for the mill to operate full capacity they will have to be doing other products. Pls note this part as per full operation.
I will give ellahlakes benefit of trust that the 3 tonnes Mills is capacity for an hour and not per day.If it is capacity for a day then invariably the farm is a scam alert.

Now presco has 90 tonnes capacity for an hour equivalent to 2160 per day
Okumu has 60 tonnes capacity for an hour with second Mills in progress to push above 120 tonnes per hour At 60 tonnes per hour they have capacity of 1440 per day
Ellahlakes has just 3 tonnes per hour (assumd).It will give it just 72 tonnes capacity in a day.
Pls remember that the ceo said they will even need others produce to achieve full capacity of 72 tonnes per day.Therefore ellahlakes already cultivated palm farm is small.
This is why the biological assets was not giving me what I expected

Presco tonnes production for 2024 is not really available
Okumu had 68721 tonnes CPO for 2024 yr.
Then for ellahlakes 2025 results if you consider other factors can deliver btw 1400-1500 tonnes only if operated at full capacity. This we can not say which will be thr FFB.
At 1.5 million per tonnes. They may generate revenue of btw.2.1 billion -2.25 billion.
When you remove, costs of sales,other expenses and cooperate tax you will get you PAT.
Presco has Os of 1 billion
Okumu has os of 953.9 million
Ellahlakes will have os in the range of 5-10 billion when they are done raising money/debt conversion
My verdict Ellahlakes has a relatively small cultivated palm farm.
You can do the additional maths to expected eps of 2025 and above.
I do not need to visit the farm again as I was never interested in thr side hustle like the piggery.
I have right to my opinion you can counter with your own figures and not emotions

Ding .

I strongly believe that the commencement of milling will make the SP fly.

However, reading between the lines, I think they are trying to push the SP before milling commences (considering all the media appearances and PR effort) . Probably the debt-to-equity conversion rate is invariably linked to the date of commissioning of the mill...

This is all an hypothesis

I'm thinking the dilution might not be much and if they're raising the OS to 5bn, only ~642mn units will be available to the public...

fashionnisir:
NB:


Implications:
1. Potential dilution: The issuance of new shares could lead to dilution of existing shareholders' ownership.
2. Capital raise: The company is raising ₦2.5 billion through equity, which could be used for various purposes, such as business expansion or debt repayment.

The information suggests that the company is raising capital through equity and has already received deposits and convertible loans totaling ₦2.5 billion, which matches the value of the pegged units.

•

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

The opposite might be the case here...

fashionnisir:
Directors' loans in shares refer to a situation where a director of a company borrows money from the company and repays the loan by issuing shares to the company.

Key Considerations:...

A loan of about ₦420m was taken sometimes last year. (Where it was deployed wasn't disclosed).

The Director in question here is probably Barrister Emmanuel Jakpa...

Streetinvestor2:
How did they come about directors loan when they whr not generating revenue. How much is the loan and at what rate this time.Abi you are missing it with the old conversion that they said had already happened to some creditors they could not pay.

I thought Dangote loans were syndicated especially for the refinery...

Sunrisepebble:
You’re thinking just like me. Was looking to load for some of the banks.
Apparently it will affect some of the FUGAZ because they have breached single obligation limits to Dangote. That’s what I’ve heard from someone

When we add the Petrochemicals and Fertilizer, the effect will enter full swing...

GeneralDae:
Mehn Dangote refinery alone almost single handedly changed the dynamics of our petroleum products exports and imports in 2024/2025. This is a really good one for Nigeria.

https://www.thecable.ng/petroleum-products-import-fell-by-75-5-to-n3-7trn-in-q1-says-nbs/

By narrating their 'excuse' here without mentioning your opposition to the 'excuse' ...

Toluway:
How did you arrive at the conclusion that I was 'caught by their web of deceit'?
I only narrated my encounter with one of their officials and what she said.
I neither said I believed her, nor defended their shortcomings.

Overload of clients?

Like are they filling deposit slips to pay dividends OR am I missing something here?

I'm really surprised that you were caught in their web of deceit...

Toluway:
Please note that what I want to say now has nothing to do with your dividend payment.
One of the official of Veritas called me on phone last month. I was surprised because I didn't expect that level of responsibility from them.
I quickly used the opportunity to intimate her about how investors have been so disappointed and disenchanted with their nonchalant services which included lack of respectable responses to complaints.
After dropping an apology, her excuses were centered on overload of clients which they started finding it difficult to cope with, adding that they had started embarking on all possible actions to address the issue.
Let hope they would really improve.

Let us make the forum more interesting for everyone.

Agbalowomeri:
NB support is at 55; not going below

E be like na those of us wey be one liner Seun came for Lol

The pattern has been truncated.
It will be clearer very soon...

PuristForest:
Haven reviewed the pattern for NB stock,we think that some sideways action may see this asset correct about 35% downwards...DYOR
https://ewnation.com/nb-vulnerable-to-35-elliot-wave-correction/
https://ewnation.com/dangsugar-pattern-triggers-a-surge/
Enjoy

ARADEL. ±
CONOIL. -9.99%
ETERNA. ±
OandO. +9.35%

Forget pull back.
It's a thousand ₦ stock...

Streetinvestor2:
That presco have refused any serious pull back. I just need more few afolabi units

PRESCO +₦13.00
NIDF +₦6.30
M&B +₦1.40
O&O +₦4.90
MRS +₦14.10

I was musing over ARADEL and the bolded made me realize that even the brokers are CHIEF MANIPULATORS.

The Caveat is don't get carried away with those Top Broker by Trade stats...

In Megawealth voice, the game is the game.. however don't be the pawn

Sunrisepebble:
Apparently Fola Adeola did not even really sell that N10bn, not sure how true it is but what i heard was it was just moved around by his broker so they can rank highest by value traded towards the end of the year.

BTW, Fola Adeola has about 261mn units. So the 18mn units they “sold” was peanuts for him.

Ding!

Is this a glitch from NL or a new development?

Crude going UP

WTI @ $76.23/bbl and climbing.
BRENT @ $76.91/bbl and climbing.

Oh. He's an astute banker (former EcoBank & UBA CEO).
I just read about him.
He looks like the kind of person Alhaji loves - having been on the Group Advisory Committee for almost a decade...

Streetinvestor2:
What do we know about this new guy is what should be our concern. I hope he is like the foreigner who transformed nahco we have today

I don't think so.
There was little or no price movement after the announcement...

zendi:
Do you mean Trinidad, or another?

Oando Trinidad Refinery is already long factored in by the market, only waiting to go on stream.

I don't think your caption is correct though.

Man is getting old (68) and it's imperative to start delegating some responsibilities. He remains Chairman of Dangote Group

Can we also say that TOE has demoted TRANSCORP Power?

The elders say "the strength of the chief lies in the strength of his tribe"

zendi:
Aliko demotes Sugar on his attention priority list.

https://stocksng.com/aliko-dangote-retires-as-board-chairman-of-dangote-sugar-refineries/

LAFARGE

https://www.vanguardngr.com/2025/06/lafarge-sale-court-orders-status-quo-as-dispute-moves-to-appeal-court/

Stray bullet reach Mr. Mordi

Streetinvestor2:
Abeg make I talk watin carry me come here.
Since all this time I wanted to know the direction of the fight way no get head,lol

Oando formally my betnaija stock broke the #63 mark I talked about today.Na #65 by Friday waiting for q1 results.
This could pass for advance MH by some people for thr mind but who send you massage .The promise land in this business as per naija my country can be reached via different ways...go verify from ote ,toni,alhaji
rabiu, that ceo with funy tie etc. So wale own will not be exceptional

Ahhhh!

Abeg take it back...

Agbalowomeri:
Na Osita go fit do that one for you
My head is not correct

Whatever you do, don't sleep on PZ and NB...

ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. +6.32%

Such words should be avoided on public fora even if it is used jokingly...

Locotrader:
Something I don rape 3 times in 2 weeks.
Abi na Ellah we know or another Ellah?
Na our Jijo stock until fundamental steps in.