₦airaland Forum

emmanuelewumi:
It took our banks took our banks 18 to 19 years to attain the All Time High stock prices they had between 2006 and 2007

Dem never know where Dem dey

SonofElElyonRet:
It will have another rally . Just a matter of time. Another good news is on the way

That's a possibility. It's also very possible we would not touch N19 for another 10 years.

austinkenneth:
They question then becomes whether they can stomach these losses without going into panic mode.

Some of the people that FOMOed into Ellah at N19 are having deep meaningful conversations with themselves.

Agbalowomeri:
Some will panic-sell, only to see the stock prices bounce back and even past their loss position. I think they will recover in the next general bull.

Just that if you lose 50%, you will need a 100% gain to return back to the break even position

The game is the game. And God knows I love this game

emmanuelewumi:
You should crunch the figures.

ROE is not reliable because it does not include the debt portion of the capital structure.

Eg

A company made a profit after tax of N10 billion, finance cost is N4billion equity is N20 billion and and debt is N30 billion.

This will give invested capital of N50 billion .

The return on equity will be N10 billion/N20 billion multiplied by 100 to give ROE of 50%

ROIC will be N14 billion/N50 billion multiplied by 100 to give ROIC of 28%

I disagree with this. Want you're saying is that leverage is bad and I believe leverage is good.

HesInMe:
I really wish you'd stop talking about loans for stock investing on this public forum.

Borrowing at high double digits to bet on stocks is a bad idea for most people. And by bad, I mean ruinous, you-become-someone-else's-bitch, dem-curse-you-for-village? bad.

Don't do this at home, kids. This is not your turn to shine (or whatever marketing trick they use to seduce you).

There is nothing wrong with borrowing to buy stocks. Just make sure you know what you're doing and you're not FOMOing into the market

emmaodet:
How do someone have access to an interest-free loan?

Ask bank of Daddy and mummy

Agbalowomeri:
They are all a one-off devaluation effect

From 2005 to 2022, how many banks have done 2 baggers in 17 years?

Past performance is not indictive of future performance.

Nigeria's future will be very different from it's past

Agbalowomeri:
Lol the market don level those ones wey rugged. Me na money I come snatch from Mr. Market.

Some people come play casino

Streetinvestor2:
They will say is because u are no longer in the bus and want the price cheaper so u can enter again..lol

"They" need to learn that a 50 kobo stock that earns 5 kobo per share is more expensive than a N1000 that earns N500 per share.

Price is just a number

emmanuelewumi:
Personally, I don't want to believe the revenue figures quoted by Ellah Lakes.

I believe it is higher than that.

Micro and smaller businesses are generating more N70 million revenue in 9 months

Sense is slowly coming back into the building

yMcy56:
Well done sir.
For my own phone, I'm not able to scroll sideways, don't know why?
Maybe na my chinko phone dey cause am. 😁

The fonts are okay but can't see the view /the items on the right side.

There is no left or right scroll

EDUECO:
I think estimate can made if they can seek the service or advice of companies like Okomu and Presco with so many years of experience in the oil milling business.

I'm sure after running the milk for a few months they'll be able to give accurate estimates

emmanuelewumi:
I also think 4 years is feasible.

But they should let shareholders know that this is what we will deliver in terms of revenue, gross Profit, operating profit in 2026, 2027, 2028 and 2029

So that uninformed shareholders won't build a castle in the air

They can't make accurate projections when milling never start.

They'll be estimating uptime which will be hard to do given the so many potential unforseen circumstances

Locotrader:
I want to take away 100m off from the market and lock it in Wema-Alat fixed deposit for 365 days.
I want to take the interest upfront.
After deducting the 10%,I will receive 15,756,000 as interest for 12 months.

Is this a wise decision since I don't want to keep it in the stock market?

17.75% per anum

Pls make Una put mouth

Go my side. I've posted a good fixed income product that can give you much better returns.

EDUECO:
Ellah lakes can do better than this.

I know this company can start getting revenue in billions of Naira from 7 to 10 years time if the management starts working smart and is financially prudent in the management of Ellah lakes.

10 years is too far oh. I'm looking at like 4 years time

SonofElElyonRet:
Sorry to burst your bubble about Ellah but not going lower than 13 at worst before resuming rally

Na real crypto

yMcy56:
In still trying to get how to navigate thru the site but it's looking complex to me
It's not very simple like NL threads, maybe it's because I'm used to NL, could be much simpler than NL eventually.

I sincerely wish we could all migrate there to develop the site.
Any success with inviting Oga Wanaj0 and Oga Oracle?

MOBILE VIEW SORTED.

I've finally fixed the mobile view. Please let me know what you think

BabsO2:
I am waiting to see how low ELLAH will come down back to. I will rather take more bets on ELLAH at N9 or N10 (as speculative investment biased speculator) should it fall back that low (or N12 sef). I have very old leftover Japaul will ride that should Jegede play the game or not play the game. There is a chance he won't.

I'm waiting to see Q2 result. There is no rush

Locotrader:
Na now you come.
To get traffic,make sure it accommodates Jijo.
Na the only thing boys use dey cover up now.Na the only yahoo yahoo wey dey on ground now be that

Everybody is welcome so long it's investment related.

I plan on having a crypto thread as well. Because it's segmented people can ignore whatever they are not interested in.

yMcy56:
In still trying to get how to navigate thru the site but it's looking complex to me
It's not very simple like NL threads, maybe it's because I'm used to NL, could be much simpler than NL eventually.

I sincerely wish we could all migrate there to develop the site.
Any success with inviting Oga Wanaj0 and Oga Oracle?

I would have the mobile issue fixed in a few days. Need to write customer care

yMcy56:
In still trying to get how to navigate thru the site but it's looking complex to me
It's not very simple like NL threads, maybe it's because I'm used to NL, could be much simpler than NL eventually.

I sincerely wish we could all migrate there to develop the site.
Any success with inviting Oga Wanaj0 and Oga Oracle?

Wanajo has registered but not with his old moniker

megawealth01:
You mean 10m?

If I put 30m for japul my ancestors go slap me for dream

megawealth01:
Baba leave Japaul oooooo

Make I no lie I fit buy like 10k units make I just see how the matter wan be

EDUECO:
This your site na good thing,but e no dey go well for my phone and I no dey use laptop.

I'm currently on holiday if not I for don sort out the mobile version. Mobile version is coming very soon

aj8:
It’s not half year sir. It’s annualized. Please check it again

FCMB and wema caught me off guard with that their nonsense reporting. I actually wrote SEC about it. It's very misleading

megawealth01:
I didn't join because no space to block toxic people too

Block no hard to implement na. But I want to be adding features as the need arises

Agbalowomeri:
I am sure you know that stockbrokers help push stock price whenever fundraising is announced. Speculators base their bet on that

I know but I'm too chicken to play that game

Locotrader:
I don check am as guest.
Na only you be the administrator.
E no go work for Loco

I plan to make other people admins once the from becomes a bit busier.

BabsO2:
Las las we are all speculators at different positions in the speculation continuum. At an extreme end are Fundamental investors who have a portofolio tilted towards bonds and currently solid stocks with strong FA ratios (they speculate growth and or earnings are iron clad). On the other extreme end are traders that day, week or month trade (speculating their TA signals and other betting assumptions and signals will not fail) and the rest in between and mixing everything together.

Traders like Loco make money oh but... my liver no carry am.

Locotrader:
No place wey monkey hunter no dey

Haha! The place is not for profit but I go make many money from the discussions there. We need conversations to be structured so we can reference them later on

Locotrader:
I have 10m units bought at 2.20 some weeks back.
These purchases below were bought at 2.90-3.0 just 2 days ago.

I will have extra purchase of 5m units tomorrow.

This is going the way of Ellah lakes.That N500B can't happen without price spike.We are waiting to cash out at least 100m here in due time.

The deal is almost closed as we wait for notice anytime from now.

My brother, you will probably make a lot of money but you guys are the OG cowboys