₦airaland Forum

megawealth01:
You finally enter a coy that has destination

My brother!!!

Yesterday I Read an article that I have posted in the link below and I sold my ETI today. Picked up some PZ at an average price of N33.88 today. Will finish buying on monday

https://ngxforum.com/thread/4/ecobank-transnational-incorporated-eti?page=3&scrollTo=344

megawealth01:
E go abuse you oooooo. Abeg avoid am. There is a reason we didn't respond to him ooooo

Internet abuse na abuse?

sboga:
the dark is comming
so so dark

This one just dey e own world dey talk e nonsense. Internet Sha!!!

Streetinvestor2:
I have said it I will never pay a kobo to this government as tax.The highest they get is WHT.And 2027 is no longer far for the end of the calamity. The Egyptian we see today we can never see it beyond 2027..amen

I guess you don't pay VAT or have a drivers license/car registration papers

freeman67:
You guys can be fighting your stock picks/recommendations war. That's normal. What is not Normal is putting out incorrect information. Nobody chased OGG away. He was canversing for customers and trying to divert members to his group where he offered paid service. Even though that was not in anyway a crime/offence, it negates the whole essence of this thread.

He stopped commenting either because he has had enough customers to sustain his paid services or because he was no longer getting more customers from here. Nobody chased him away because of his stock picks.

Also, please beware that no matter how accurate your picks and predictions are there will always be people with contrary opinions. Infact even God that created the Heaven and earth human still go contrary to his commands. The only difference between the people that fronted/marketed aradel and transpower with those in Ellahlake and Oando is the emotions and intolerance attached with Oando/ellah fans nothing more.

If you guys want a non toxic space to discuss investments you can always hop over to ngxforum.com

RodgersAkpafu:
I mean it

For you to know that sometimes, it is money miss roads that are doing this trades

u r smart

I know a govt official that bought 20m units of starcomms shares at IPO based on say broker recommended it to him. That guy did zero analysis what so ever. He bought it simply because it was a place to hide money.

You think if people like Seyi Tinubu wan buy shares e dey do analysis?

Na stolen dumb money full Nigeria oh. People buying mansions with no plan of what to do with it. Enter Maitama and you go shock

RodgersAkpafu:
You are very smart

Why do you people personalize things?

Smart money/Dumb money is a popular analogy in finance.

ositadima1:
You’re going in circles here. How do you know it was price and emotions driving their decision? How do you know it wasn’t an institution placing its money there? What’s your angle in labeling a trade as “dumb money” or “smart money”?

You’re not even a technical analyst. As far as I know, if you don’t have direct knowledge of whether the investor is an institution, the closest way to spot smart money is through charts. Let’s be humble — just because your analysis says a stock is not correctly valued doesn’t mean there aren’t other ways of extracting an edge from the market.

Put this response in the context of the initial post and my subsequent comment and re-evaluate your position

ositadima1:
I’m really amused when I read posts like this — the assumption that you know all the available information and can therefore judge who is dumb or not. Then the market moves, and you won’t see people like you coming out to apologize when that same stock doubles. Respect everybody’s choices. You don’t necessarily know more than the person who put their money on the line. You don’t know their time horizon, and you don’t know the game he or she is playing.

Also, you don’t judge a decision solely by its outcome. The world is probabilistic — something may work for the wrong reasons, or fail even when the reasoning is sound. Unless you know the reasoning behind a move, don’t judge.

https://www.investopedia.com/investing/surprising-benefits-when-brokers-grade-their-customers/

Average individual investors who trade money are often shoved under the “dumb money” umbrella. If you fall into this category, try not to take offense. The terms “dumb money” and “smart money” were coined by the financial media, not to insult anyone’s intelligence, but to describe different groups of investors.

Big institutional investors and mutual fund companies are labeled “smart money.” These investors have somewhat of an unfair advantage over your run-of-the-mill individual investor. Armed with teams of experienced investment analysts, “smart money” investors can evaluate exactly what’s going on in the market, allowing them to make more informed investment decisions. This does not necessarily mean they always make smart decisions—in fact, plenty of them make bad trades from time to time. They simply have access to valuable information that allows them to make a more educated choice.

On the other hand, the average investor generally does not have the time, experience, or patience to methodically analyze corporate reports or the global economy. Because these investors don’t have access to teams of analysts or carefully compiled data, they often make trades based on instinct or a gut feeling. Consequently, the “dumb money” group tends to buy and sell investments at the worst possible time.

Basically If you invest in the market based on price rather than value then you are dumb money.

veecovee:
I don't think it's unwise for one to buy this ELLAHLAKES now and wait for where they are taking it to. Those days I was wondering what was moving afriprud and later stared thinking it would come down to my junction, until it moved from 9 to more than 30, and I didn't buy a unit.

#WordsBeforeDisaster

handsomebolanle:
I wanted to get into Ellah at 10 but wasn’t able to.
I understand fundamentals but whatever the investor that spent over a billion naira @ 12.5 saw, one need not to climb the mountain to see it. The information is common sense to say something major is coming. Those privy to the information have and are still taking position. Time will reveal and the game is the game.

There is a lot of dumb stolen money in Nigeria oh. Don't assume just because you see a big trade that the trader has sense

chimex38:
#GTCO will.
#closely followed by Access
#Then Zenith
Source: trust me bro

He should trust you because....? You added bro?

currentprice:
"ASI" is not looking good at all right now. If we don’t get a quick bounce back above 141k, panic selling could comes in and we might be in for a few months of bearish action. stay alert for potential opportunities. Cheaper entries may be ahead .

cash is king

Na now market wan sexy.

Agbalowomeri:
Reminds me of Nosa of 2014

Was I that bad

Agbalowomeri:
If you wan chop Sunday rice, do you start from the meat on top?

Markets rarely get V shaped moves. There is going to be a rotation into the banking sector. My top banking pick is in my signature. I'm holding and it's holding strong

SonofElElyonRet:
Agba don return to his chronic pessimism

N50 price target is not unrealistic for Zenith. It could even get lower, it probably would get lower.

Locotrader:
That is Ellah's luck.I even expected it above N30 by now.
The stocks on the sector where it is listed is over a thousand naira per share.They believe,with time they can do better.
The noise makers here are the ones helping Ellah to reposition but they don't know.
Those that have the stock should hold it tight.
The future is looking very bright for them.

Loco is among the people who called Ellah out some months back.They responded to call positively and working on turnaround.I have to succumb and align with them for good.

Loco does not have a single unit of Ellah as at August 30.I May have it in September or anytime when I feel to trade it

I am going to do a write up on my thoughts regarding the palm oil sector in Nigeria.

I have been thinking about it all day and my conclusions may be surprising

Obviously the write up will be on my site so if anybody wants to read they know what to do

Locotrader:
My own take on this matter is this;
The time Ellah is a riskier investment has passed.All investments are risk averted but the case of Ellah as at now is no longer a risk.The risk is not so severe like when we started.Loco is a living witness to attest to the past of Ellah.

I believe the mgt is addressing the issues on ground and share price will rise above N50 in the nearest future.It is a gradual process.Presco and okomu passed through metamorphosis.Ellah is passing hers' now.When the desired funds are there,all will become a story.

Those who don't like it has only one option.
Go to court and leave investors here to breathe.

Your opinion is well approved and appreciated by Loco.

The real issue here is that some people are looking at price to guage the value of the stock while others, like myself, are looking at valuation metrics to value the stock.

I personally don't think the company is a fraud but given current market conditions the stock is expensive

Jerekre:
Sometimes the site does not open until you use VPN. Even if you need D.O.B to register the year should be optional.

Have you tried recently? I have worked on the loading issues. If you have any more issues abeg dey tell me

crownprince2017:
Alot of improvement by ellah there.

I can't wait to see what the progress will look like in the new financial year.

Good job by the management.

New address of the head office now on the face of the report, I believed that debate has now been put to rest by the crusaders.

Accounting numbers are so funny that access to the same no doesn't meant we would have the same views.

The sp of ellahlakes has never been based on the current results but on the future many of the shareholders believed is real.

From now on, no more selling of ffb but palm oil. wth palm oil price flying currently, the sky is just a starting point.


Ellah to the moon.

Oyel money is real..

Please what part of the result was good?

The improved cash position was a loan which we know will be converted to equity at a massive discount.

The increase in Biological assets was not impressive.

Please once again what was excellent about the result?

I'm not saying the result was bad but it certainly cant be called good.

Streetinvestor2:
This is unaudited results.
The revenue here is even lower than meristem forecast.
No further comments because my own na him dey be wahala. I want to see audited results. What a beautiful nonsense..lol

You for get this conversation for the linked site na

Ellah Lakes result is out

https://ngxforum.com/thread/47/ellah-lakes-plc-ellahlakes
No comment

crownprince2017:
Loco run ke...

Person wey supposed they accumulate run bawo.....

Agba u no go kii person..

Naso person think him don't wicked me wey enter ellah at 2.84....

He go tey before I lose my gains talkless of capital..

I hope you don't regret this last statement

Agbalowomeri:
Una wan collect back the billions wey loco don carry

I am sure he has sold and ran away

How can you say that? Don't you know this is a team effort? He will wait for everybody to sell before he sells

SonofElElyonRet:
He who laughs last... It will go above N5 before the capital raise which is projected to be in the region of N5 per share according to deductions from the EGM resolutions

Make una continue oh

EDUECO:
Japaulwood marketer why have you not moved it to 7 Naira?

From 3 Naira to this current price.

Investor wey dey play kaloialo!

Na today nyash dey back?

All na bull market talk.

Las las you be wicked somebody oh!! See the matter wey you go rise

Mpeace:
I am not in Ellah anymore but I doubt the projection of 1.2billion in Profit after tax, or 4billion Revenue.

N250billion is not moi moi. If they buy a farm that expensive by year end, such plantation should yield way over that sum in revenue and profit after tax.

If N250billion cannot give up to 25billion in revenue then they better invest the money in Bonds and make over 40billion per year.

Using their figure of N1m to cultivate 1 hectare then a N250b plantain will be 250,000 hectares.

I'm curious as to what the total palm average in Nigeria is?

AI says total cultivated hectares in Nigeria ranges from 200k to 360k.

Make una continue

Joyful365:
Hope you know how to scrutinize a financial statement?

Operating profit declining and administrative expenses rising sharply is not a good sign. Negative reviews of the company's services is increasing. The stock is now on full offer and -10% tomorrow is looking more probable. Anything can happen though. Let's wait and see

I use their services in Abuja or should I say I previously used their service. I switched to Fiber One because their service is RUBBISH. It used to be excellent but in the past year or so constant and long disconnection (I'm talking weeks/months). Then when they are compensating you for downtime they make it seem like they are doing you a favor. I jejely got another cable to my house from fiber one and voted with my feet.

Result is rubbish. See the price below N1