₦airaland Forum

GeneralDae:
“ Khamenei is dead. Good.

But I have family in Iran. My dad is there right now. And I'm not celebrating yet. Here's why.

Iran built the most layered contingency plan on Earth for this exact moment. Four levels of succession for every key position. Pre-authorized military strikes. Regional commanders who don't need orders from Tehran to act.

As you read this, there is already a new Supreme Leader. We just don't know who.

This isn't Maduro. The government didn't get overthrown. The system absorbed the hit. That's what it was designed to do.

Every credible intel assessment says the same thing: a post-Khamenei Iran is more likely to get harder, not softer. More IRGC. More dangerous. Potentially worse for the Iranian people than Khamenei himself.

Don't breathe yet. There's a long way to go.“

- Iman Jalali

Then they will kill all 4 layers

Ginalex:
It actually touched 29 naira after you mentioned it. Me sef buy that time. But sold at 42 ish

I strongly believe the stock is about to take off

megawealth01:
I bought this when you posted it at sub30..

First public confession

It was sub 40 not 30. I believe it was N38. The discussions are easily accessible on NgxForum

Agbalowomeri:
Lol how many times you wan buy and sell ETI

I have been trading around it but this time I have park my bus for the foreseeable future

yMcy56:
Hello Sir,
This one you asked me don pass my level o.
Pls direct this question to Oga Emma, Oga Nosa2, @Aj8 and other ogas on top.

ACCESS still looks manageable but that ZENITH @90+ is beyond me. 😊

You can watch for pullback in ACCESS, pullback below 27 sha.

** Meanwhile, FTGINSURE is back on full bid @0.79k!

yariman:
Oga Nosa, point us in the right direction. Your comments here contributed in me going into Zenith and I am quite up presently.

megawealth01:
Give hints to what you are buying. Although I have an idea of one sha

Just got confirmation that I have bought the last tranche of my mystery stock. So I can reveal what it is.......

Drum Roll..................................

And the mystery stock is ...........................

Ecobank Transnational (ETI)

Average Entry price N48.92

I will be posting my reasons on the ngxforum website. Link in my signature

yariman:
Oga Nosa, point us in the right direction. Your comments here contributed in me going into Zenith and I am quite up presently.

Once I don buy finish I no go shut up about am.

megawealth01:
Give hints to what you are buying. Although I have an idea of one sha

I am very sure that you do and I am also very sure most people will think I am crazy when I mention it (just the way I like it)

yMcy56:
Hello Sir,
This one you asked me don pass my level o.
Pls direct this question to Oga Emma, Oga Nosa2, @Aj8 and other ogas on top.

ACCESS still looks manageable but that ZENITH @90+ is beyond me. 😊

You can watch for pullback in ACCESS, pullback below 27 sha.

** Meanwhile, FTGINSURE is back on full bid @0.79k!

I am currently in the market. When I finish I will shamelessly start promoting my stock(s)

EDUECO:
Heavy supply of ACCESSCORP stocks by market maker at their acceptable price range.

Where do they get the supply from?

megawealth01:
;DChuka still dey look for money una wan collect interest join

Very wicked people

megawealth01:
SOURCE

One of the biggest problems with text based communications is that sarcasm often gets lost in translation.

mikeapollo:
If this is the case, then they should at least compensate investors by paying some interest on the rejected funds, no matter how little.
This would actually show that the management has some integrity.

Una wan really bankrupt the company sha

EDUECO:
I'm quite sure ACCESSCORP's management is supressing the price movement so that the dividend yield would seem big and/or they are still buying.

What methods do you think they are using to suppress it?

EDUECO:
Professor,na because of ACCESSCORP make you write full Finance textbook?

First Bank is ₦50+ while ACCESSCORP is close to ₦28 .

ACCESSCORP is superior to First Bank.

The price of the stock of a company is never the measure of its real value.It is clear to everyone that the price of a stock of a company can be manipulated.

I like the way you think though I don't agree with it but then your conclusion (in italics) is just wild

mikeapollo:
I remember this dance.
Which ''tombolo'' be your won? D'Banj or Obesere Abasido?

Na Obesere

ositadima1:
This is FCMB’s take.

Analysts should continue dancing tombolo tombolo. We are here for them. Thank God they have not started upgrading my next target

awesomeJ:
Another 3 months before the next meeting. Scheduled for May.

Abeg is rate going up, down or sideways?

Meanwhile where are all those people that were saying bank money is fake money?

Zenith bank up over 50% from date of that discussion (AND STILL RISING)

Anyway fundamentally sound stocks are rallying. Speculative stocks are getting slaughtered. All is well with the world. Shalom!

awesomeJ:
The reality is that if you were able to buy early you won't be complaining.

Mention the exact rule that Zichis broke.

If the bids are genuine, the company is exxonerated. Only if the investigation shows that they were deliberately building up fake bids(in collaboration with/through their broker(s)), only then could you blame them.

Exactly. If there was no collusion between buyers and sellers then they didnt do anything.

ANYWAY!!!! Zenith rising; Ellah and Japaul falling, all is right with the world.

thebargainhunte:
Stealing is stealing, likewise manipulation is manipulation. A lot of stocks are trading at their all time high without justification to their fundamentals. He who comes to equity must come with clean hands. If you punish one without punishing the rest because the rest applied common sense while manipulating their prices, then I don't get.

Unless one sees the trading book and can see which parties are trading in the stock, it is advised not to judge to conclusion. I personally don't believe the stock was deliberately manipulated. It could have just been a unique set of circumstances that led to an unusual situation. There is nothing illegal in selling your stock in batches so long as you are not working in concert with the buyer/buyers.

mikeapollo:
Abeg ooo. It is just a guess for context

Ellah can still rise.
Never say never for any stock. That is my philosophy.

If they execute it will fly. But these people be like people wey wan run palm oil business?

BabsO2:
I may buy greedily below N3 should it fall that low Or higher if new goooooood content creations are released, like profits finally in view.

I would advise you not to give a price till you see numbers. These guys spent hundreds of millions financing public offer, did loan conversion; the numbers are going to be brutal.

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