₦airaland Forum

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Streetinvestor2:
Did you even read the article.It Is not everything that is politics. The good news is cocoa farmers are making good money based on many factors mentioned in the article just like the guys in palmoil too.The naira devaluation is a gain to some businesses like we saw in banks.The main gain came from price surge in cocoa at the international market in dollars

Okay

crownprince2017:
The opportunity to make money from palm oil will be their for at least another 10 years.

Reason being, growing population without proportion growing in palm trees.
Demand will always outweigh supply.

25l is 50k on the average in Nigeria.

Ellahlakes is a hidden gold.
If u you know, you know....

Yes indeed but the management does not seem focused and serious

megawealth01:
Nigeria Cocoa Exports Jumps By 300% From ₦‎161.8 Billion To ₦‎644 Billion 

https://www.businessamlive.com/nigerias-6bn-cocoa-potential-drives-demand-for-serious-productivity-investments/

I don't know why they are calculating this stuff to mislead the populace by creating unnecessary confusion. They should quote in USD and let's see if it will still be 300% increase. Exchange rate that has risen by almost 300%

Locotrader:
Chams
Traffic⛔ underway
Keys collected from the vendors.

Good morning

You and marketing eh, chams that is on red

Aiico...hmmm.

Locotrader:
I am now fully chamified.
100% one stock portfolio.
Kill or Die

Japaul, champbrew were stocks that you marketed here, you didn't announce your exit on them o

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GeeKudi:
TRANSCORP may just be a candidate but may need a lot of patience.

Transcorp has done a major run in the last few years it needs to take a break for a while.

Xidget:
Wow

Something is brewing at championbrew

mails4funshi:
ELLAH Lakes AGM Link:

https://cordros.us7.list-manage.com/track/click?u=3c93a86e5e30d5a65db2828c4&id=9470991560&e=7f4174ce9a

Joined briefly, are you sure that was the link to an agm? It all looks quite informal. No branding, no video etc. It is well o

Sunrisepebble:
I even want to chop their FY 24 dividend. That one will cover any price drop from here

You think wapco will pay plenty dividends?

Almost 4bn exchanged hands on wapco alone today, 75 definitely can't be the destination.

Sunrisepebble:
I used the details from the transaction documents.
DYOR sha

Yeah saw your responses to others after my message. Thanks

Sunrisepebble:
There’s a fixed price of 104 already. The price is 70.15 now, representing at least a 48% upside, why will investors not continue rushing it until the premium percentage is non existent. I made sure to say at least because me I’m staying put in case one shareholder who gets mind wants to drag it higher than the fixed price

Please do you have reference to that?

mikeapollo:
.
Please you are free to believe this clueless, incompetent government at your own peril. It is your choice.
They say they are for ''free market economy'', whatever that nonsense means to them.
Governments in developing nations are supposed to take deliberate, targeted decisions to intervene in key areas of the economy to achieve desired results for the benefits of citizens and eliminate or reduce poverty.

A government's attitude, pedigree, antecedents, integrity or lack thereof forms part of their policy credibility and policy appraisal.

A president that would announce a major policy decision like subsidy removal on his inauguration day when there was no cabinet in place, no ministers, no industry or stakeholder engagement, etc. to provide some guidance on the procedure or methodology etc.

A government that woke up one day, without any meaningful stakeholder consultation or engagement and devalued the currency from about N650/USD to N1400 /1USD.

A government that promised Labour and gave them assurance that fuel price would not be increased if they accepted N70,000 as minimum wage, but a few days later deceived them and increased fuel price from N600 to N1000.

A govt that woke up on day and imposed astronomical increases in electricity tariff on citizens without any consultation etc.

A government that woke up one day, without any citizen engagement and changed the national anthem as if it is the personal copyright of the president.

This government takes bizarre actions before it seeks for advice or informed opinion. Such a government cannot be trusted on anything. You are free to trust them though, if they catch your fancy.

Tinubu's government is the worst government in this Republic! You can believe the lies that the CBN and Fin Minister tell you

To wake up to major change in cost of clearing goods when goods are already on the sea was a shocker for me, that single decision almost sent me back to village if not for some level of diversification and God's grace eh.

yMcy56:
Except someone that is extremely large or the Directors or long termer or someone that already write it off, who could have just picked and abandon it there, it's not easy for an average person to stay put in a stock at car park for that long......"hoping" it will one day deliver like this.....
It's a risk that's eventually worth it anyway.
Congrats to Megawealth01.

Exactly my thinking as well I will have sold a long time ago

Ellahlakes closed on green, Hmm...those waiting at sub 3 how far. Me too dey wait sha so I can average down
@Loco is this our championbrew now ripe for championship?

mikeapollo:
You believe this clueless, incompetent and useless government at your peril.

Well said the only thing is just for one to be lucky to get stock that is of interest to them, example being Oando and japaul may be in that category of "their" interest soon

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bovali:
Also, they do not plan to delist after acquisition

They definitely plan to delist, refer to the communication shared earlier where a mandatory takeover was hinted.

megawealth01:
ELLAHLAKES if you know you know

Lol what is it that is happening there though... The stock seem to be drowning in the lake