₦airaland Forum

ProphetUtuocha:
ETI will soon release another bad result with no dividend declaration, bogged down by its Nogerian operations!

They've already released unaudited full year results for 2025. EPS is N27.xx, book value is about N150 and return on equity is over 25%. These numbers are better than Zenith.

There only negative for the stock is the negative retained earnings/reserves. And this should turn positive this year. This is also why they haven't paid dividends

So ask once again, have you bought your ETI?

ghm:
What is the prospet of this ETI? Kindly share.

Read here

https://ngxforum.com/thread/4/ecobank-transnational-incorporated-eti

ETI seems to be getting filled with rocket fuel. It would soon be lift off.

Have you bought your ETI?!

Time is running out

HesInMe:
Let's not make it personal. But there's so much wrong with this statement. First, you shouldn't be trading at all on insider information. It's actually illegal to do so, and it's the reason insiders are subject to closed periods. Second, you can be smart and still do insider dealing. Doesn't make it legit.

People don't hate corruption, they hate that it is not them benefiting from it

Streetinvestor2:
Make sure u visit the farm and see the trees on ground. The oil mill they claimed commissioned looks like yahoo job

It's not that bad na. The company is real

chimex38:
2040 is too far. 2030 at worst.
Once the planted fruits begin reaching maturity within next 2-3yrs for sales, revenue and profits..
They won't be this desperate to run before they can walk..

Your head dey there. The business is doing what it needs to be doing but the people in charge need to calm down.

I would buy this stock but not now. Then thing needs to crash back to reality.

Redoil:
Chuka is not a fool or clown for allowing such result to be published.
Most CEOs usually cleaned and whitewash result before been release for public consumption. My verdict on ellah lakes is HOLD

What if this is the whitewashed result?

new4peter:
SCARE TACTICS as at today 2nd April 2026 who are the majority share holders?
who is working hard to scare people away so as to sell their shares for peanut
the sudden return of people money after getting a juicy opportunity should be investigated

The result is not that bad oh, just that the stock price is in another galaxy. This is a N1-N2 stock at best. It should have been a N3-N4 if they hadn't wasted billions they don't have in that silly public offer. They carried money they couldn't afford to lose chasing what they had no business chasing.

Streetinvestor2:
You forgot to add bankers financial engineers and lastly scamers to complete the description

I don't see any scam here oh

chimex38:
Of course. It will still grow in the near term; only this time Chuka and Co should allow more organic growth and be conservative in forecasted timelines..
The number of deadline misses is becoming sth else without earlier information.

I am only just recalling how you looked "foolish" after entering with justification and then bailing out days or weeks later with updated justification.

It took balls from you to post it at the time, knowing what it meant with the investment hypers.
It wasn't easy..kudus.
I am just picking from that.

If I ever reinvest in this company I will do it only if I have the ability to buy a large enough stake to fire management.

The current management is made up of bankers and financial engineers not farmers and industrialists. They have a wonderful plan but they just need to shut up and focus on execution. Farming is not sexy business, it is a slow process but it is extremely profitable.


PS did you buy some ETI today?

chimex38:
I recall you were init and later bailed out despite the hype then.

Lass lass in combination with others, it's good to also do one's own DD and stick with it. Whether it works out or not, one learns from it within a defined direction.

I am still going to buy a lot in a few years.

KarlTom:
Ahhh

Na lie I talk? Captain of ship don abandon ship, no be refugee dem be?

Come over to ETI, our management just recently bought over the bank. Our management siddon Kampe

To all Ellah lakes refugees remember you can buy ETI

KarlTom:
So VFD is proposing ₦0.25 as DIV.

Na wa

Is it good or bad?

EDUECO:
In US Dollars,Jim Ovia earned more than 20 million as dividends for 2024 financial year from Zenith Bank; and this money can buy 20 properties in London.

You go see 3 bedroom house for London for 500k pounds. Not to talk of the compounding nature of these investments.

I am willing to bet that most of these properties were bought by a family office and he doesn't know 98% of them.

EDUECO:
ACCESSCORP has paid annual dividends for the last 20 years; so ACCESSCORP is not FirstHoldCo with recent poor dividend history.

Like I wrote in one of my posts, management of companies make good money by inflating cost of doing business just like politicians inflate the cost of contracts or projects.

And he will have other investments aside from AccessCorp, investments like foreign real estate.

Agbalowomeri:
So you do not believe that there was money laundering involved?

Why do you believe there was?

leo1234:
Let's look at Farouk Ahmed.

Dangote alleged that Ahmed used his position to "indiscriminately" issue licenses to fuel importers—including for products from Russia—to undermine local refining and protect an "import cartel". 


Will you consider the gifts (money and otherwise) he received from the cartel as stolen money?

We are talking about the founder of one of the largest banks in Africa and you are mentioning a public servant.

You no see where the problem start to begin?

KarlTom:

When I dey trade stock options only me go siddon for office get full blown 30 min conference with me, myself and I as to if I should sell or not.

I don't envy frequent traders or technical traders

ppogba:
If the so called Auditors were to be doing their job as expected, there wouldn't have been terms like " Insiders abuse" and bad loans to top management. If fact, maybe the undertaker that took over bad debts of banks would have wound up by now.

The game of money is very different in that billionaire circle. He didn't buy these properties in one day, he most likely accumulated them over several decades, and remember these men have family offices that make these investments on their behalf. What we are seeing is a property portfolio, not like the man went to do home inspection for each property.

Anyway Agenda must agend.

P.S. Have you bought some ETI today

leo1234:
How did "thief" come into the discussion?


Let's talk about Money laundering and financial misappropriation.

Other financial crimes too.

Financial crimes no be thief?

Bovis:
Oga pls stop making excuses for the grand scale corporate greed of Wigwe and Ogbonna. We also found out last year that Roosevelt Ogbonna (the current CEO) bought a £15 million property on London billionaires Row. I believe Access bank shareholders are the rightful owners of all those London properties

The regulator in conjunction with the EFCC should pressurise the UK government to apply for an Unexplained Wealth Order (UWO) to recover those properties asap

I am really not understanding. Did auditors find fraud in the company books?

So every rich man in Nigeria is a thief

isaacosas01:
Drill fire! Me that is thinking of realizing my loss and running. I just don’t wanna look like an impatient investors who couldn’t hold for even a week.

I so know this feeling and I don't envy you

World people will not give you your money back. Sell if you want to sell

EDUECO:
Many of una think say stock investment na baba ijebu lotto?

UNIVINSURE is basically a dead company.

It will resurrect in Heaven

KarlTom:
Drill baby drill...

Dip has turned to dip dipper dippest

EDUECO:
Wigwe made more than $US 4 million from ACCESSCORP dividends annually.

Do you even know the power of 4 million dollars?

He could have acquired those London properties mostly from the proceeds of his annual dividends.

EDUECO:
Wigwe's total annual income cannot be less than 40 million US Dollars; so he can afford those properties.

Each of these London property cost between 400 hundred thousand to 3 million US Dollars.

Maybe,he partly purchased these properties with bank loans and the properties will serve as collateral for the loans .

Leave Nigerians and their poverty driven pull him down syndrome

SonofElElyonRet:
Exactly!
Or Oando at N97 or so

pluto09:
Or you bought OandO at N90

Market participants are becoming complacent. Everybody is beginning to think the market only goes up.

SonofElElyonRet:
If you bought high

The guy that bought Ellah lakes at N17 is not having fun

Stockpromoter:
Loco insurance index can't recommend stocks without daily summary of activities which carries TA.
If you like I can give you a very brief summary with stocks to buy based on summary & TA.

You are a man with a clean heart.I have watched you for a period of time.

You are a complicated somebody. Abeg just mention some insurance stocks that are interesting

leo1234:
The insurance index will rally any moment from now.





Those interested should take note 📝.

Can you please recommend some interesting insurance stocks

InvestorHalal:
Quoting for later use.

Thank you

Feel free to ask questions on Ngxforum

MisterInvestor:
Not comfortable with Bamboo for long term holding, Standard bank webtrader is for South africans.

No its not. I have an account there and I opened it from Nigeria, used Nigerian documents and operate it with a Nigerian Dorm account.