₦airaland Forum

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

elpaso007:
Is the market going crazy?! ASI is at190K!

I thought 180k at Q1's end was exceptional but at 190K, I'm getting scared o. .

I have been waiting for a pull back for some weeks now but there's no sign of that yet.

I love the greens but I am cautious too.

As it is, how much correction will be healthy for stocks like MTN, GTB, Aradel & the likes ?

@Agba @Sunrisepebble @Pa Emma

Don't look at prices look at valuations. Knowing when to sell is important and valuation should be your guide. I hope you noticed that I was quoting forward PE when referring to my holdings not the price.

Agbalowomeri:
Una don really hammar

Oga Nosa don quietly go hide dey chop his Zenith bank loot

These banks are still under valued oh. GTB at 120 only has a forward PE of 4.76. So the journey is still very far

Agbalowomeri:
E be like you came out the same time I mentioned your name. You be your papa pikin

Hehe!! I am just reminiscing about those times people were arguing that banks don't make real profit and as such the discount was justified. Anyway its time to start hunting for the next opportunity, need to put these eventual profits somewhere.

As usual I will post after I buy, might post only on NGXforum though.

yMcy56:
ACCESS officially @26.40.....as at now

ZENITH @87, 88, 89
UBA @50
BUACEMENT @203

The funds entering though! Haa!

Lets put it another way

Access Bank Forward PE 2.48
Zenith Bank Forward PE 3.61
UBA Forward PE 2.97

This journey is just starting. Bank stocks are still GROSSLY UNDER VALUED!!!!!

P.S I don't care about BUA cement.

handsomebolanle:
Thanks Boss… I will try or wait till I get fund.

If you don't have cash stop following the market at this time. Heck, even if you have cash and you are not invested stop looking.

Watching a bull market from the sidelines is bad for your mental health if you don't have cash. And if you have cash and you are sitting on the sidelines the temptation to FOMO in is HUGE.

handsomebolanle:
I need more of Zenith Bank at bargain prices.

Perhaps after dividend payment.

Lower than this...? Not happening. If you have funds to buy; just buy

Agbalowomeri:
I see Oando @20

Any takers?

I wont be surprised

Agbalowomeri:
It is the season we are in
Make una sha remember to book profit whether number or no number

Some people need to hold the bag na.

faoogoke:
Access Bank currently N24.7

Wake me up when it is 47

Shalom428:
LolWell Done Brov! I'm a number guy , but lately I realised playing the number game on NGX will only make you miss a lot of opportunities.

If we were to go by present numbers, Ellalakes will be worthless , it should be trading in negation. Numbers on some stocks on NGX are merely academic exercise.

Run the number on OANDO and juxtaposed it with the present SP. Numbers alone are not enough. If we were to go buy numbers Stanbic IBTC and GTCO should be 200+.

I don't want to write too much epistle. Numbers alone is not enough, people factor in sentiments, projections and what they know that you don't know before taking positions.

Beyond numbers , I believe, e get why CP mentioned sugar in his top 3 , beyond numbers, e get why I put am in my top 7 . Yorubas used to say , eni to mo way , lo mo we. Na who Sabi way , Sabi book

Once again, well done brov

Shalom

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emmanuelewumi:
Maybe sha. Nahco is a stock that has always disappointed people who want a drastic pullback. If it pullback by 10%, it will rise by 20% within a short time yet they don't have a Market Marker

I assume they take a percentage of ticket prices