₦airaland Forum

megawealth01:
This will be a long thing ooooo. Those who didn't remove at least their capital will understand later that NAIJA ngx is a game dirty or clean

They(Directors) deserve it.
It was purely insider trading.

Agbalowomeri:
Na Otedola way
He go pump am reach 300-500 come look for who to dump on

I think he wants to hold it for Generational wealth, like Ovia of Zenith and BABA IJEBU+DAUGTHER of WEMA.

SonofElElyonRet:
All Ellah bashers, watch this video

https://www.youtube.com/watch?v=fwVhIrLc4IM?si=IfnwXO7Fk--fhFKA

Ellah looking to be a billion dollar company in the next 5 years.

PO extension was for institutional investors to have enough time to adequately participate

Part of the financing needed to acquire ARPN already in place before the PO so Ellah confident of closing the acquisition deal.

PO need not be fully subscribed for Ellah to close the acquisition deal

Dividend payment to commence by year end

They are not getting enouch money.
Something is wrong, maybe investoers dont trust thier Financials.

crownprince2017:
Dividend is not the only criteria for valuation therefore your reason of of access hitting 15 is biased.

When First Bank paid closed to nothing last year did valuation get affected significantly?

Accessbank is not efficient.

Too much expense on expansions.

sterlingD:
Okay. Na this year own l dey ask about

Not so fast, the SEC must approve it.

sterlingD:
Any update on Regency Alliance Insurance Plc Bonus shares distribution?

The one for last year have been distributed.

We are waiting for the year's Bonus

essentialone:
https://doclib.ngxgroup.com/Financial_NewsDocs/45565_SECURE_ELECTRONIC_TECHNOLOGY_PLC-_NOTICES_OF_BOARD_MEETING_(BM)_-_NOTICE_BOARD_MEETING_(BM)_DECEMBER_2025.pdf


NSLTECH to have both AGM and BM today. Reconstruction of their Shares is top of the Agenda. 1 new Share for every 4 Shares previously held.

For a company without any tangible profit, they want to do a Share Reconstruction

yMcy56:
Mercy got caught in this saga ooo 😞
As the stock started rising and delivered 100% profit within short time, na im I quick enter the bus to ride to 1.50 at least.....
Fiam! Suspension came....
Waiting for suspension to be lifted, na sledge hammer follow....

Now Aso Savings don finally pursue me away from Nsempa.
No Christmas celebration for me again..
Will be gone for a long time.....

Some of US have UNION HOMES, CBN also revoke their license.

Union Homes Savings and Loans Plc is listed on the NASD.

emmanuelewumi:
People who have Aso Savings and loan shares equally have Unity Bank shares

Unity Bank is safer, we know Providus is coming.......

NGX should have informed investors about this before CBN action.

emmanuelewumi:
Better to monitor the growth of the business

Yes

yMcy56:
You may check out these articles....
I think IKEJAHOTEL may still have more values to deliver from current price.....all things being equal..

https://nairametrics.com/2025/09/06/ikeja-hotel-vs-transcorp-hotels-which-stock-is-cheaper-to-buy-now/

https://nairametrics.com/2025/11/18/ikeja-hotels-and-transcorp-hotels-who-is-executing-better-and-offers-better-value/

* IKEJAHOTEL: 2.1bn OS
* TRANSCOHOT: 10.2bn OS

Thank You

emmanuelewumi:
I don't have Ikeja Hotels

Thanks.

I have been monitoring the movement for some time.

emmanuelewumi:
Your head dey there @ " invest like a farmer".

Please, what is your analysis of IKEJA HOTELS

emmanuelewumi:
The equity fund of United Capital Asset Management is valued at N5.9 billion, but over N800 million was Invested in Presco

Oh , now I understand why UCAP sent me the Share Transfer form, when I offered to sell my "PRESCO RIGHTS".

Locotrader:
Cardinalstone and Atlas are in normal condition

LeadCapital and Meristem just sent me an email about the downtime.

emmanuelewumi:
Network issue

I guess it is a general issue on NGX.

yariman:
I noticed something strange at market opening this morning. I visited stock bubbles to track current prices of stocks and I saw that Aradel was a bit down - which is a buying opportunity for me. So, I visited my Stanbic IBTC stock portal to purchase some Aradel shares. I realized that the price at Stanbic is about 8 naira above that of stock bubbles. Seeing the price difference, I decided to confirm by visiting my Cardinal Stone account, which has the same price as Aradel. So, I am wondering is it normal?

Stanbic Price: 688
Cardinal Stone and Stock bubbles Price: 680

I guess it is a network issue.
Most trading portals have been down since yesterday.

NSEstudent:
If people can get paid for trading their rights, then it's counterintuitive for someone to actually buy it in the first place. Investors would just trade it and then buy from the floor.

I no just understand o

I ignore all the rights issues because most of them are more expensive than SP at the times.

You are not getting paid directly; you're simply trading your Rights on the floor.

This usually happens when demands are high.

If you ignore, they won't transfer your RIGHT to the Broker for Trading.

Most Brokers know this secret.

KarlTom:
The bolded is incorrect...
Whether you ignore or renounce the rights, you made a choice.

Rights are optional not mandatory...

I know somebody will start an argument over this issue.

If you ignore = nothing will happen

If you renounce and trade your rights, your Right Shares will be transferred to the broker for Trading.

Note: I have been paid for most of my Right Issues traded on the Exchange.

Redoil:
what is the benefit of selling ones right

Your "right issue" will the traded on NGX, and you will be paid.

It is not good to ignore "RIGHTS ISSUES" you either BUY or SELL it.

NettyNelly:
Pls how do i sell my PRESCO rights

On the form, fill in the (C) renunciation section.
Under (C) in number (iii) fill the section, enter your bank account.

Send mail to your broker instructing them that you want to sell your shares.

awesomeJ:
The confusing part for me in all these is: when was the exploration even done?

If before PRESCO was granted occupancy, then why grant it? If recently? How did PRESCO allow the explorers on their premises? 😁😁

Well, several oil wells have been discovered in Nigeria, but not all are ECONOMICALLY VIABLE.

Edo State doesn't even have the power to take such action on Oil wells.

SonofElElyonRet:
Ok. Your argument is that the federal government should've done the revocation in such cases and not the state.. Both federal and state governments have roles to play concerning land with oil. State doesn't own oil underneath but the surface is vested in the governor vide land use act/constitution. No oil company can function without securing certain land approvals from state governments. Again, I do not support arbitrariness of any kind, if any exists in this matter

I guess we all know the process of Oil-well bidding and allocation.

Federal Agencies will have to verify if the oil well exists, and if Commercial Values exist, and bidding will start.

A lot of ND communities are living close to Oil wells, and their Land titles were not revoked.

THIS ISSUE IS NOT ABOUT OIL WELLS!

There have been attacks on the palm oil plantation in recent times.

SonofElElyonRet:
I am also not in support of arbitrariness and high handedness. Worthy of note that Presco's statement identifies that there's a laid down process according to the law. It must be followed to the letter.. Shalom

As someone pointed out earlier.

If oil wells were discovered, it would now be a federal jurisdiction.
The Government should not have issued the revocation.

SonofElElyonRet:
Did you read that 2 oil wells were discovered on the land
The best Presco will get is compensation, which they rightfully deserve. It's called "overriding public interest"

Those two Oil wells na lie.

emmanuelewumi:
Sell now and buy back

That won't be necessary if I buy below N200

emmanuelewumi:
The price is not as volatile as that of stocks

It is basically an investment for a predictable income

Very predictable, and the yield is very good.

emmanuelewumi:
NUPENG don dey lament say Alhaji don register a union for his Truck drivers and they won't be members of NUPENG.

This is a hard one for NUPENG.

Alhaji and his team are good chess players

He is teaching them the Basics of Capitalism.

Streetinvestor2:
Yes that is what I said.
Then again my business is sole proprietorship. And by law we are one and the Same.
Abi it is how it is suppose to be

No not one and the Same with FIRS(NRS).

I have two TINs too, they are linked to my BVN and NIN.

But one payment goes to LIRS, and the other goes to FIRS.

Streetinvestor2:
I equally have 2 already. It was created at different time for the purpose it was needed. One was created for my business name and one for me for tax clearance certificate when I needed it.
My business is sole proprietorship.

Check well: - One is for Business and another for Personal.

megawealth01:
I understand sha

Who NUPENG help sef?

People who collect UNION DUES

emmanuelewumi:
Hope you remember MTN bought the defunct VGC Telecoms for some tens of millions of Naira

They could have also invested at least 1 million each, when MTN and Airtel needed roughly $300 million to start business in Nigeria.

They would have made over 20 times of that in dollars

Yes, MTN also bought most CDMA frequencies.

When Etisalat came to Nigeria, they offered to buy over RELTEL/ZOOM, but it wasn't successful.

The death of CDMA COMPANIES was predicted, because they cannot scale up due to the licence limitations.