₦airaland Forum

EDUECO:
This is like a scam.

I won't call it a scam, I just think the management tried to cash in on the hype about palm oil. If you look at it from that perspective they kind of succeeded.

EDUECO:
I can never buy it for 50 Kobo!

The company has a lot of value. The management just needs to shut up and focus on running their business. Too much financial engineering going on and not enough actual palm oil business

megawealth01:
What's your target entry abi re-entry price? I might consider a topup like I did fur OANDO after done sells

I would be guided by the numbers I see. From the loan conversion to the money wasted on the public offer, a lot of money has been wasted and the numbers for the firm have obviously changed. I need to see the new numbers before I can get an idea as to what the firm is worth.

mikeapollo:
This could be a huge opportunity for young investors who have some solid patient funds.
Just buy Ellah at its lowest price POSSIBLE (e.g. N0.5 - N1) then wait for the company to turn around in a couple of years.

People are now openly mentioning N1 for this stock..... how sentiments change

BabsO2:
So buy Ellah greedily now when others are fearful

I plan to buy a lot of Ellah lakes but not yet. Dust needs to settle on the stock and reality needs to set in for the general market.

It will take a long time for the company to become profitable so I am very very patient

Stockpromoter:
Kindly note that the whales in Japaul just off hand.
Now distribution is ongoing.

Effect of Ellah lakes on Japaul.

Regulators are strict now on companies

So it was manipulation that was moving the stock not gold money.

Make una continue

megawealth01:
This week fight go be about ELLAHLAKES make I carry juice for hand to dey sip 😂

The problem is that people expect that when a case is made for a stock Bull/Bear the market should react immediately

emmanuelewumi:
Then the price should be fixed , NGX should know the quantity they want to sell to the public.

The stock should be sold to investors on a first come, first serve basis and no investor can buy more than a certain quantity during the period of the listing by introduction.


I definitely know that SEC and NGX will come with stricter rules

I agree there might be a need to review the rules but I don't agree they should scrap listing by introduction.

emmanuelewumi:
It is a scam.

If you want to come to the market come through an Initial Public Offer or an Offer for Sale

I'm sure they have reasons for allowing introduction. I think it's cheaper

ProphetUtuocha:
Non payment of dividend disqualifies a company from the NGX pension index. Once Oando restarts dividend payment, it will naturally be readmitted to the NGX pension fund index.

Ecobank is on the index and they haven't paid dividends recently

emmanuelewumi:
HNI are very smart people, except for politicians who are mostly money miss road.


What is the size of the business done for Ellah Lakes to ask for a bond of N200 billion for the acquisition?

What is the credit rating of Ellah Lakes?


The best thing is for Ellah Lakes to grow organically for the next 3 years, generate reasonable revenue, become profitable, improve their credit rating, convert the current debts to equity, then try to pay a dividend


After this they can try a N50 billion right offer.


The problem with Ellah Lakes is that majority of the current shareholders were waiting for the next maga.

I doubt if 20% of the shareholders actually participated in the public offer.

Thank you for this. I was beginning to think I am going crazy

KarlTom:
There are several options before ELLAH mgt right now:

- reach out to some HNI investors who subscribed to the PO for private placement
- borrow internally to fund the acquisition. Then convert the debt to equity later on at a discount.
- issue CP or BONDS to fund the acquisition.
- come back to the market with a RI (after all the EGM has given approval for the fund raising).

Frankly speaking, the only thing that can save the SP from total decline are successful acquisition + verifiable commencement of milling operations...

Every mallam to his kettle

Why is the option of focusing on running the business that currently exists and getting that profitable not on the table?

Anyway na siddon look mode I dey

Agbalowomeri:
Lol the dip go discover crude oil

E go drill the chart

megawealth01:
Nawaoh ooooooo

Everybody knows the cliches but when the time comes to apply them people lose their head.

Right now we are in the middle of a strong bull market and people are just giving high valuations to nonsense companies. FOMO has set in, people are irrationally exuberant but they cant see it.

These numbers that seem shocking will be very normal when fear kicks in. And the irony of it all is that people who are chasing at these high prices will be too scared to buy when that time comes.

Kerefi:
Bought 3m shares of japaul last week at 2.31 and sold at 2.5. I'm full of regrets. Imagine 3m x ₦4 that's 12m. Life 😅

Don't do this to yourself. At the time there was no publicly available information that suggested that your decision was bad.

This sort of reasoning would only damage you in the future

handsomebolanle:
I am being generous with 7-8 then.

The Oracle has spoken

Ellah is a sub N1 stock. It probably wont get there but it certainly should be back to its N3 level.

We need a pull back to bring some sense to this madness

mikeapollo:
Is it not better to make the money and lose the shirt ?

My problem with these sort of speculations is that there is no way to identify the dud from the gem. I personally believe Japaul is a dud but then again I believed bitcoin was a dud at $600 and I don't regret that belief.

For me capital preservation is king. I would not make an investment unless I can explain it to my lizard brain

SonofElElyonRet:
I entered at sub N2:50
It's my retirement plan. I'm in for the long haul

So long as you are happy with your decision I am happy for you. I am happy to provide liquidity for early adopters like you later on.

PETERiCHY:
The bottomline is JAPAULGOLD is no longer a JIJO stock, They will COMMENCE GOLD production by MAY 2026.

So let's wait for their 2026 full year results though along the line they will raise FRESH FUND (500billion) via PO @t circa #20

BARGAIN HUNTERS TAKE NOTE!

I wish you guys well. This is pure speculation and that's fine. Speculators make a lot of money but there is also a good chance they will lose their shirt.

ppogba:
If Japaul is gambling then what is DAAR that has presumably bought CNN or ABC Transport that has acquired Ethiopian Airlines as part of it's fleet?

You are wicked!!!

SonofElElyonRet:
Howso? It's buying into the future!

These are all bull market arguments. Greed has taken over and its okay. Just try not to lose your head in the exuberance

PETERiCHY:
Same way ELLAH become a gambling when you left

No need to personalize it. I had a fair value number in my head for Ellah based on its book value.

Bovis:
The rally is backed by strong fundamentals, nothing like gambling here. Do your research

What fundamentals?

SonofElElyonRet:
This is the Gold rush!!!

Its gambling

Sunrisepebble:
Sold some MTN today at N800, sold some Vitafoam between 120-125, sold some Seplat yesterday at 9,200
Will redeploy some of the loot into Zenith tomorrow
NFA DYOR
I need to do more research to find stocks with 30-40% upside from current prices

We look forward to seeing you in the Zenith bank fold

yMcy56:
Not only that sir.
Improvement in financials, expansion projects, the Sector and of course the judgement.
If finally won, it will boost revenue of the company and also create room for more expansions......this I expect to be a catalyst too.

Another subsidiary, CHAMSCORP PLC just created to conduct biz in artificial intelligence, data centre design, intelligence system, etc.

All these I blvd will boost revenue, boost gains and affect shareholders positively over time.

https://doclib.ngxgroup.com/Financial_NewsDocs/46025_CHAMS_HOLDING_COMPANY_PLC-CHAMS_HOLDCO_PLC_-_CREATION_OF_A_NEW_SUBSIDIARY_CORPORATE_ACTIONS_FEBRUARY_2026.pdf

Fair enough. Playing devils advocate; don't you think all these will take years to come to fruition? With regard to the Judgement, FGN will drag out that matter for years and would probably not pay this decade.

ogoo4real:
Access and UBA with Plenty offers. Chaii...

These sellers no dey get tired.

They will be alright. People were also dumping at N20

yMcy56:
Full bid @3.03.....

CHAMS time is coming..

Is it the Federal High court judgement that is making you bullish on Chams?

xcitedjay:
I have just 10 stocks right now. My highest number of holdings at a time was 19.

Maybe you should cut your losses at between 8% and 10% rather than allowing it to go all the way to 15%. Also, you might have significant exposure to a sector that is not performing well.

I have meaningful amounts in just two; Access bank and Zenith Bank.

Amhappy:
Kindly explain please

I think its quite self explanatory

Agbalowomeri:

You be winch!!!!

faoogoke:
United Bank for Africa (UBA), Zenith Bank and Access Corp are projected to deliver the strongest risk-adjusted returns among Tier-1 lenders in 2026, driven by capital appreciation and dividend strength.

This is according to analysts at CardinalStone Research in their latest “CardinalStone Banking Strategy Report,” published on Tuesday, February 10, 2026.

The report outlines projected total returns across major Nigerian banks, highlighting earnings recovery, valuation gaps and improving balance sheets as key drivers of performance, while also identifying underperformers within both Tier-1 and Tier-2 segments.

Access bank will still be cheap at N40. Just relax and be sipping your wine, let the analysts be doing tombolo tombolo up and down. na now dem dey wake up