Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 10:37pm On Jun 03, 2025 |
Locotrader: Chuka has done the highest thing he can do. Maybe he did this to respond to Mankindman and other shareholders like Nosa who have been asking questions.
Jijo people decided to make use of the interview for 10-30%.
Ellah shareholders should plan and visit the farm and ask those workers in the farm some questions about Chuka & sons Enterprises.
I don't like the next support of the share price if nothing serious is done. This rally, assuming it is sustained, is bitter sweet for me. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 7:25pm On Jun 03, 2025 |
HesInMe: So, for this supposedly farming operation, buyers also bore Ellah's expenses for:
- Raw materials and other inputs (seed, feed, fresh fruit bunches for mill, fertilizer, pest control, crop insurance, etc.) - Direct labour - Overhead costs attributable to sales (e.g., facility costs, electricity, equipment depreciation)
Sales straight out of thin air... And we thought Oando's financial engineering was next level.
Una neva see. Seems your're onto something. The company is a total fraud. Dont buy!! |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 6:53pm On Jun 03, 2025 |
Agbalowomeri: Ahh you put Access and ROE in the same sentence  ROE is like 16. Not that bad when you see how much of a discount it is trading to it's book value |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 6:27pm On Jun 03, 2025 |
Guys, I have just updated my spreadsheet and I am wondering what is wrong with Access Bank?
The bank currently has the lowest Price to book and Forward PE ratios amongst the banks I am covering. what gives?
Plus their Return on Equity seems decent as well. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 5:20pm On Jun 03, 2025 |
Please what does the house think of Guinness? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 4:48pm On Jun 03, 2025 |
KarlTom: Yes it is.
The sales were at no cost to the company. More like the buyers bore the cost of transportation etc... No need to try convince anyone. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 4:34pm On Jun 03, 2025 |
Mpeace: Along the line, I heard something like "the next equity raise" Hmmm make them make small profit first naa. We don dey this thing for long. Make we enjoy small before the next equity raise abeg If next equity raise is at N20 I dont think anybody holding now will complain |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 3:58pm On Jun 03, 2025 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 12:13pm On Jun 03, 2025 |
crownprince2017: I will personally send you the address myself but to your email. Please I would like to get the address to the plantation and or factory as well. Do you need my email? |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 8:44am On May 29, 2025 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 10:52pm On May 18, 2025 |
vefexam: I remember i do have an account with these people.
Whats there commission like? Don't know the commission |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 2:53pm On May 18, 2025 |
Care4: I use them too. They are not near the best. Slow response, high fees. Some MARKET orders dont even market it to the market floor. I do maybe 4 trades a year and I'm not very price sensitive. One thing I really like about them is that they sort out my dividend issues for stocks own. I Dont know if the dividend issue is a broker specific feature or something from CSCS |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 7:33pm On May 17, 2025 |
Firebox123: don't use this website or app to invest
Low review on playstore
Probably scam Investment one that was previously owned by GTB is a scam  Ok na. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 2:47pm On May 17, 2025 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 9:45pm On May 16, 2025 |
orriyomi33: Good evening house.
Which stock broker is the best in investing in Nigeria stocks?
I'm currently using Bamboo. I use investment one and I am very happy with their services |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 12:09pm On May 13, 2025 |
DeRuggedProf:
 We can allow you enter first even if you alert us on time. What are friends for. We are good people...  I love your honesty. My oga until person confirm that plantation this stock na 50/50 oh. Once somebody confirm that plantation..... |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 11:52am On May 13, 2025 |
Locotrader: From Gtb Bank to Digital Agriculture. Don't forget to display the pictures of the farm when you see it.It will help boost your ministry. Once again, it is not in my best interest for people to buy a stock before I take position. Why would I take steps to potentially hurt myself financially? I will go all out to prove it's a buy AFTER taking position |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 11:38am On May 13, 2025 |
BabsO2: Now you are making me more bullish on Ellah. I recall Nosa was bullish on NEM years back. In 2009 the lowest NEM went for was 50kobo. (Don't know if they have had a stock split or reconstruction since then) Right now NEM is N15. That is 30 bagger. That was an excellent pick in hindsight based on market price today. My brother the situation with Ellah is different oh. Right now I am believing the numbers, and if they are true I am optimistic. However, that if is a VERY BIG IF. Once we have confirmed the plantation...... my brother this stock will give MASSIVE returns |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 2:07am On May 13, 2025 |
PETERiCHY: Back in 2009 I bought NEM @ circa 35kobo based on NOSA recommendations and later sold @ circa #1:00k in 2010, Today it's selling @ circa #15.
The question now is those rushing into ELAH LAKES are they ready to wait for 15ys in other to get the full benefits  I believe we were in different financial positions 15 years ago. Right now I'm really more interested in retirement and legacy decisions. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 11:20pm On May 12, 2025 |
Streetinvestor2: The first time I bought presco na #29 before I sold below #100.The thing still they pain me each time I see the present price of this stock because I had big quantity then. I dont know how old you are but as you get older and less impulsive I believe it gets easier to hold onto stocks as you would a business. Coming to places like this (forum) also doesn't help |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 10:04pm On May 12, 2025 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 8:22pm On May 12, 2025 |
ositadima1: You’re right—that gives me 5.39. I think NGX website is "wrong". Latest report shows Issued share capital is 2,753,786,788. I believe they have more shares that have not been issued and i think that is what is on NGX website |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 8:18pm On May 12, 2025 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 7:50pm On May 12, 2025 |
ositadima1: I don't think this is correct—it should be around 1.7, and that refers to the book value per share. Book value is approximately equal to equity, which is about 20.79 billion naira, while the number of shares is around 12.2 billion. So, the book value per share comes out to roughly 1.7. But I might be wrong. Outstanding share is 3,858,173,678 on NGX website. Do the maths again You are mistaking market cap with outstanding share |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 7:26pm On May 12, 2025 |
HesInMe: It's not "investing." You're throwing money into a bottomless well you don't even control. Tell us what the "book value" of this cash-burning company is. N7+. The majority of this is in land value. Palm tree assets stand at about 0.28k |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 5:43pm On May 12, 2025 |
HesInMe: LOL. You want to sell property to buy Ellah?
I have seen this movie before. The title was "The Cham'ing of Loco." Investing is not a team sport |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 5:33pm On May 12, 2025 |
Streetinvestor2: You could be right bro.I have known you for some moon now. You have always been strict with fundamentals when picking stocks which you even showed before picking gtbank stocks. I guess you have you reasons for not sticking to that in this one.I know you have been a practical farmer ones in nigeria too.I pray time proves your decision right on this one. For me I will take them serious when I get reliable information on person who has visited the farm concerning palm fruits.The second option is i take the pain to go thr myself if I get the proper address once on business trip to the state So you're right, it is still very risky. I plan on selling a property in Ajah to buy this stock. Once the property is sold I will visit the company office and ask to go see the farm myself. Right now I have some and I am still buying, however I have not yet deployed serious funds into it. I planned to start a palm oil business and to me investing that money into this is a better play. Assuming the numbers are true, and I feel they are, then buying at below book value is actually better than starting my own business myself. This is my rationale |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 5:18pm On May 12, 2025 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 5:15pm On May 12, 2025 |
Streetinvestor2: Pls did you reach out to the dollar man wanjo. If yes,what does he know It's not in my best interest for people to be buying this stock |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 3:53pm On May 12, 2025 |
Agbalowomeri: Our angel investor 
Sha no run like you did in NEM  Let's hope price doesn't run up and I can raise the money. I've asked several respected people from SMN to look at the company to give me their opinions and every single one of them has either bought, is buying or will buy. Right now we are witnessing people take position tactically. We may all be wrong Sha. |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 3:32pm On May 12, 2025 |
Locotrader: Na Nosa2 sold. Emotions attached to Ellah is too much. Better to buy when the coast is clear. Me wey dey target percentage ownership of the company. Na money I dey try raise right now. I am looking to sell landed property to buy ellah lakes so trust me I'M NOT SELLING. Ellah lakes will not drop below it's 50 week low! |