₦airaland Forum

Streetinvestor2:
You post here is completely different from what I posted.i am not repeating an argument to win.
I posted to confirmed two facts which time have proved to be right concerning kpakus
1.They both whr not targeting same asset
2.Kpakus don't have any money on ground
Na you sabi do argument to win..lol

So all your predictions have come to pass, lol. Yet tomorrow you’ll return to say the same thing, just framed differently.

After they acquire ARPN, you’ll come back again with the same argument, merely worded differently. Anyway, you have every right to talk.

HesInMe:
Stop disgracing yourself in public na. You may be a stubborn he-goat but you can read numbers. Common sense and implied valuation vs Presco show that Ellah is clearly overpaying for the ARPN plantation -- with no synergies to make up for the upfront overpayment.

By contrast, Presco probably does have the scale and market position to create value from the asset even if acquired at a premium. We go see how de tin goes.

Once you start with insults, you signal that you lack the numbers to let the data speak for itself. The only relevant question is whether the discounted future cash flows of ARPN exceed the acquisition price at Ellah’s cost of capital. Without numbers, claims of “overpayment” are nothing more than baseless opinions.

You implicitly admitted with presco that price alone does not determine value; execution and capital structure do. The same standard must therefore be applied to Ellah.

Until then, this debate is not about valuation, it is about emotional bias.

Streetinvestor2:
This is how one of thr insider scam alert came here to lie that kpakus and presco was targeting same asset. This was just because presco announced 250billion fund raise.Another supporters club member came to say the money was already on ground before the egm.
They had one of thr claimed audio who this was his targeted market as billionaire 247. Likely working for a stockbroker with the way he pushed every junk stock.They have switched all to different handles
ThankGod I have blocked them all.i don't wish to see such characters again in 2026 on this thread. Though I know they have alternates moniker here.

Repeating the same argument over and over does not make it true. You observe reality to determine whether what you believe actually holds up. Unless you belong to the overly religious camp that thinks saying the same thing from morning till night somehow changes outcomes, the “power of words” crowd.

My view is simple: if something is not within your physical control, you cannot change it by talking alone.

You’ve said your piece, and it’s always the same argument, without adding anything new about Ellah. Let events unfold and prove whether you are right or wrong.

emmanuelewumi:
As I dey see am, Presco might end up buying the asset Ellah Lakes is planning to buy if they can't raise the over N200 billion through the extended public offer


Presco is a quiet smooth operator

Lol, will they buy it cheaper?

I’m asking because @HesInMe keeps arguing, without any presentable evidence, that EllahLakes is buying it at a huge premium.

Or is this just one of your sarcastic jokes?

Agbalowomeri:
In economic terms what does balance of payment mean, whether trade surplus or deficit? Simply means the economy is shifting the narratives. You are comparing export versus import for THE SAME YEAR. Same conditions apply, whether currency or inflation.

Is Dangote Refinery not included in Nigeria's GDP? I think it would be misleading to just interpret everything from government performance perspectives.

GeneralDae:
The 2025 data is for just nine months. Also there isn’t much difference between the average FX rate of 2024 (at around 1460/$) and that of 2025 (currently at around 1500/$).
Also, price of crude oil has been relatively low in 2025 so crude oil exports have been lower compared to 2022/2023. Dangote refinery’s crude oil import is large and is also included in the data for imports as well. So some of these things balance each other out to an extent.

If you want to recognize the truth, you need to look beyond oversimplified statistics. Do you know that currency depreciation does not affect exports and imports equally, even within the same year? Imports react almost immediately through price shocks and demand destruction, while exports respond much more slowly.

There are two broad ways to record a trade surplus. The first is a strong-country surplus, driven by high productivity, competitive manufacturing, rising exports, and stable imports of capital goods. The second is a weak-country surplus, driven by currency collapse, import compression, falling consumption, and declining capital-goods imports.

These are, of course, extremes, but the point stands: don’t let numbers confuse you.

.....

Copied...


An Analytical Framework for Day Trading: The Interplay of Volume, Float, and Market Capitalization

1.0 Introduction

In the fast-paced environment of day trading, the ability to filter market noise and concentrate on a few core, high-impact indicators is a critical strategic advantage. Traders are often inundated with an overwhelming array of statistics and metrics, making it difficult to discern which data points are truly predictive of market behavior. The primary objective of this paper is to provide a formal analysis of three fundamental metrics—Volume, Float, and Market Capitalization—and explore their synergistic relationship in shaping intraday trading opportunities and risks. While each of these indicators offers a valuable snapshot of a stock's condition, their true analytical power is realized not in isolation, but through their combined interpretation as a cohesive model of supply, demand, and potential volatility.

2.0 Deconstructing the Core Metrics for Intraday Analysis

A precise, functional understanding of each core metric is the foundation of any effective trading strategy. For the day trader, definitions must move beyond the academic and into the practical, framed specifically for their application in dynamic, short-term market environments. This section breaks down each component to establish its role within our analytical framework.

2.1 Volume as an Indicator of Market Demand

Volume is the definitive measure of demand for a stock on a given day, representing the total number of shares traded. For the intraday analyst, it serves as a direct proxy for market interest, liquidity, and the validity of a price move. A stock that trades 100 million shares in a single session exhibits significant market participation, indicating that it has captured widespread attention. Crucially, a price advance on high volume is considered a validated move, whereas a similar advance on low volume is often viewed as weak and unsustainable. High volume signals a stock is "in play," possessing the momentum and liquidity required for short-term strategies.

2.2 Float as the Measure of Tradable Supply

Float represents the total number of a company's shares that are available for trading on the open market by public investors. It is crucial to differentiate Float from a company's total shares outstanding. The latter includes large blocks of shares held by insiders, governments, or other major controlling entities, which are not readily available for trading. Float, therefore, is the most relevant measure of a stock's effective supply.

At its core, short-term trading can be simplified to a question of supply and demand. A stock's price experiences exponential appreciation when demand, as indicated by trading volume, decisively overwhelms the available supply, represented by the float. This fundamental relationship is the engine behind major price movements.

2.3 Market Capitalization as a Proxy for Volatility

Volatility is the potential range a stock's price can move within a single day. A stock that can rise or fall by 70% in a session exhibits high volatility, whereas one that moves only 1-2% has low volatility. This characteristic is the primary factor that creates opportunities for significant intraday profits, as it allows traders to capitalize on large price swings.

A direct relationship exists between a company's Market Capitalization and its potential for volatility. Smaller companies require far less capital to influence their stock price compared to their large-cap counterparts. For the purposes of this trading style, market capitalization can be segmented into three primary areas of focus:

* Micro-Cap: $0 to $100 million
* Small-Cap (Tier 1): $100 to $500 million
* Small-Cap (Tier 2): $500 million to $1 billion

Stocks with market capitalizations above $1 billion are generally outside the typical focus for high-volatility day trading, as their immense size dampens the potential for dramatic intraday percentage moves.

Having defined these individual components, we can now proceed to analyze how they interact to form a cohesive and predictive analytical model.

3.0 Synthesizing the Indicators: A Supply, Demand, and Volatility Model

The strategic value of this framework emerges from the integration of these individual data points into a holistic model. By synthesizing Volume, Float, and Market Capitalization, a trader can assess not just the current state of a stock but its potential trajectory. This combined analysis provides a clearer picture of the forces at play and the potential magnitude of future price action.

3.1 The Fundamental Dynamic: Volume (Demand) vs. Float (Supply)

The primary catalyst for the significant price appreciation sought by day traders is the direct causal relationship between overwhelming demand and limited supply. When trading volume surges to a level that far exceeds the available float, this acute supply-demand imbalance is the primary catalyst for the parabolic price action characteristic of high-velocity momentum trading. This dynamic is the foundational engine of momentum plays and is the first condition required for a stock to exhibit explosive potential.

3.2 The Volatility Multiplier: The Role of Market Capitalization

While the Volume-Float relationship initiates a price move, market capitalization functions as a multiplier that dictates the ultimate magnitude of that move. It determines the stock's intraday range potential by defining how much capital is required to affect its price.

This principle can be illustrated with a clear, comparative scenario. Assuming a hypothetical influx of $1 billion in trading value into the day trading ecosystem, its impact would vary dramatically based on the market cap of the target stock:

Market Capitalization, Hypothetical Cash Influx, Resulting Price Movement Potential
$100 Million, $1 Billion, Up to 1,000%
$1 Billion, $1 Billion, Up to 100%

The core takeaway is clear: the lower the market capitalization, the less capital is required to produce a dramatic price swing, resulting in significantly higher potential volatility. This makes low-cap stocks the primary arena for traders seeking exponential intraday returns. Having established this theoretical framework, we can now examine its practical application in a real-world trading scenario.

4.0 Application in a Trading Scenario: Predicting Price Reversals Through Consolidation Analysis

This section applies the integrated framework to a specific, high-stakes trading pattern: predicting the collapse of a stock following a parabolic price spike. By analyzing the interplay of volume, float, and market psychology during a key phase, traders can anticipate a potential reversal with greater confidence.

4.1 Initial Condition: The Parabolic Spike

The scenario begins with a low-market-cap stock, typically under $100 million, experiencing exponential price appreciation. For example, a stock might surge 1,000%, moving from a starting price of $1 to a peak of $10. This initial move is driven by the fundamental dynamic of demand overwhelming supply in a stock whose low market capitalization creates the conditions for extreme volatility.

4.2 The Consolidation Phase: Interpreting Volume and Float Rotation

Following the parabolic advance, the stock enters a critical phase where its price moves sideways at or near its peak—a pattern known as "massive consolidation." During this period, the trading volume is often extremely high, which signifies a rapid "exchanging of hands." Early buyers who purchased the stock at low prices (e.g., $1 or $2) are now selling to capture their profits. Their shares are being absorbed by a new wave of buyers entering the trade at the peak price of $10.

This leads to a phenomenon known as Float Rotation. When the trading volume during the consolidation is many multiples of the stock's float (e.g., 10 to 15 times), it is a strong indication that nearly the entire tradable supply of the stock has been transferred to participants who bought at or near the peak price.

4.3 The Catalyst for Collapse: Shareholder Distribution and Market Psychology

This redistribution of shares creates an extremely fragile support level. A widely cited market axiom holds that approximately 90% of retail participants ultimately lose money. The strategic significance of float rotation, therefore, is that it concentrates the entire tradable supply of the stock into the hands of the market demographic statistically most likely to lose money and panic-sell. This creates a state of maximum fragility, where the stock's stability rests entirely on the least stable participants, all of whom have no profit cushion.

Because these new holders bought at the top, they are highly sensitive to any price decline. Even a small "crack"—a 5% or 10% drop from the peak—will trigger a cascading sell-off. The selling is not just an emotional panic; it becomes a frantic, calculated rush for the exits. As the source of the model notes, "nobody wants to be the last one to sell because when you are the first one sale you will get a better execution." The high concentration of ownership at an unstable price level, identified by analyzing volume and float rotation, is the direct cause of the subsequent precipitous price collapse.

5.0 Conclusion

This paper has presented a disciplined analytical framework for day traders, centered on the synthesis of three core metrics. By moving beyond a superficial view of individual statistics, traders can construct a more robust and predictive model of market behavior. The core thesis is that a disciplined, integrated analysis of Volume (demand), Float (supply), and Market Capitalization (volatility potential) provides a powerful lens for navigating short-term, high-volatility trading scenarios. This three-factor model empowers a trader to interpret market dynamics with greater depth, moving from simply reacting to price action to anticipating major movements with enhanced clarity.

ositadima1:
Market Fragility Score for the Week Ended.

Decline in aggregate market trading activity was the major driver.

Market Fragility Score for the Week Ended.

Willie2015:
U sure say profit on top fit buy chicken... U may need to adjust to kote fish...

Shebi Peter talk say from 27 down we go see bull. At least I fit see ram for New Year.

Streetinvestor2:
As u stories no sell here.You wan collect from video watching..lol
All una hustle for this thread na real

My own JIJO dey for Cadbury. Since I enter, e don do only 2.94%. As things be, after broker fees nothing remain o. E be like say na chicken I go buy this December.

Streetinvestor2:
I made it clear weeks back I won't put new fund on ngx because I see it as disgraced ngx.And if I was to invest I would have picked it up on the floor because it was cheaper. Kpakus has remained more expensive on the floor So I expect PO buy instead

So you don’t have any evidence? I asked for evidence and you dey explain give me Oga.

HesInMe:
Do we really need to go any further? I know if I show you a perfect woman, you'll still argue that her hips are rotated 0.2 degrees, but we can see the writing on the wall: ARPN is nominally valued at roughly the same price per hectare as Presco -- without Presco's significant yield expansion and unit margin differential. As Cathie Wood would say, Presco is riding on two colliding S curves.

ARPN's valuation is like paying for Presco at today's valuation -- 10 years ago.

Was palm oil priced the same way ten years ago? Was the dollar ₦1,500 back then? Is that all you can come up with? In your village, is land worth the same as it was ten years ago? I don’t have much time, which is why I asked you to show your estimates so you can clearly audit them yourself.

Streetinvestor2:
Make someone here show workings like pa emma on presco. If none of una buy kpakus PO at #12.50.Na who una expect to buy be the big question. All the defence means noise. If no support. Even the ceo and management no plan to buy..lol

Did you buy Presco RI? Show your workings, I’m very sure Ellah’s crew will show theirs.

You claim you can drink more bottles of Hero than I can. I say, “Okay, show evidence.” But you keep repeating that you can drink far more and that it’s obvious. Lol. no be juju be that?

HesInMe:
Do we really need to go any further? I know if I show you a perfect woman, you'll still argue that her hips are rotated 0.2 degrees, but we can see the writing on the wall: ARPN is nominally valued at roughly the same price per hectare as Presco -- without Presco's significant yield expansion and unit margin differential. As Cathie Wood would say, Presco is riding on two colliding S curves.

ARPN's valuation is like paying for Presco at today's valuation -- 10 years ago.

Okay, you’ve said nothing of substance, my friend. Let’s leave it at that, all assertions and no weight.

HesInMe:
Why you dey fall my hand? Presco has nearly double the plantation size you credit them for; has average maturity of 8-10 years vs. ARPN's ~4 years (so much higher yield); and makes 99% of sales from value-added crude oil and refined products, which are significantly more profitable, compared with ARPN's mostly fresh fruit sales. Knowing this, do you still think ARPN was good value?

I'll just let your suggestion about Ellah's "operational depth" stand unaddressed.

Lol, I don’t think I’ll be doing your homework for you. If you claim it’s a premium, then justify it with hard numbers. What’s your valuation compared to the price they’re paying? If all you have is a string of words with no data, then we really need to question how you’re reaching your conclusions.

emmanuelewumi:
This is not the first acquisition by Ellah Lakes, what is the value created and profit made from the previous acquisitions.

If you overpay, it will affect your return.

The acquisition made by Presco and the efficiency of the company will grow Earning Per Share from N72 in 2024 to about N150 in 2025 they have already made N111 in Q3.

Investors need people who deliver, say and do.


Below is the timetable of the right offer, they came to the market a week after Ellah Lakes, but Ellah Lakes that came earlier had to extend the offer by another 2 weeks.

So we should ask ourselves where are the so called investors who have been on standby to invest in the offer.

I love management who says it as it is and not those who sugar coat things

Okay, Presco is a solid company, no doubt. We’ll see soon enough how things play out with Ellah Lakes.

Streetinvestor2:
If u have issue me quoting u.I apologise. The Ellahlakes was not really into palm business. Telluria was already an existing palm farm.You can do ur finding on Telluria farm.The results of 5 yrs with no revenue in an agriculture business I know is false. Food crops are annual crops And with that kind land banks in 3 states.it was suppose to be a kill unless nigeria happens to the farm.What other evidence do u need when it was in quater results for previous yrs and thr full yr result. Infact the last full yr result is a big disgrace for such company. Can u say for fact that palm oil is already coming out from the mill.Is oil mill too a rocket science
Sorry say I quote u.i no do again

Telluria was already an existing farm with land, assets, and the intent to specialize in oil palm, but it was not operating as a mature, cash-flowing commercial plantation ready for immediate harvest and sale. Have you seen any evidence that there were palm trees on the Telluria land prior to the merger or acquisition? When was the mill commissioned? And can a mill generate revenue before commissioning?

emmanuelewumi:
I know it is owned by Tolaram, an Indian holding company with interests in various sectors of the Nigerian economy.


Indians are smart business people, the asset is probably overpriced or they are not getting the desired value and return from the asset based on the fact the asset is not in their area of core competence

LOL. This is what we call talking with bias. Everything Ellah does suddenly has a negative cloud around it, yet the one being acquired by Presco is conveniently seen as perfectly fine, right?

Streetinvestor2:
Discounting the academic qualification part of ur post.The ceo has failed in what he had from 2019 to 2025 based on the agric business. Therefore he has no chance in doing well in a bigger agric business. A person with passion for that sector would have done well in the business even without palm fruits on it. I mean only land bank unless nigeria happens to him in the business like insecurity, government induced economic woes etc.
The results he has presented for the past 5 yrs is a total failure.
Then on another note.Who really did the valuation on the assets he wants to buy .Why do the owners want to sell such assets now that assets wants to become gold mine after all this yrs of thr labour.This is based on the claim by kpakus ceo that this new assets has majority in the fruiting stage.Did u equally notice the valuation for the cassava mill alone worths more than existing ellahlakes abi my eyes dey pain me.
Who are the owners of this assets as I don't trust kpakus ceo.You remember telluria farm marger with ellahlakes. He had personal stake then at telluria farm which created 1.8 billion OS for him and any partner

Remember, you quoted me first on this matter. So what exactly is your basis for predicting failure? You’re just typing without presenting any evidence. Can you start a palm plantation business and reap meaningful results in four years? Where was Ellah Lakes before he came in, and where is it now by comparison? Is land banking even Ellah Lakes’ primary business model?

Since he took over, I can point to several concrete actions:

He shut down the old fish business entirely.
He massively expanded the company’s land holdings.
He refocused operations on oil palm and cassava.
He is raising billions in new funding through recapitalization and a rights issue.

These are facts. So again, what is the basis of your claim of inevitable failure?

HesInMe:
I like you. You think you're smart. Lol.

I did not say one cannot create value via acquisition. I just noted that it is an important but unanswered question in Ellah's specific case, which has three characteristics that don't augur well for success.

First, history is not on their side. The proposed acquisition is gargantuan relative to the size of Ellah's existing business. Even at well managed firms, large acquisitions typically fail. Ellah is run by a banker with no agric expertise.

Second, Ellah is paying a high price for its main target: ARPN's oil palm plantation, which it values at N155bn. Publicly traded Presco and Okomu offer better comps than land in the bush for estimating the true market value of the plantation, measured on a price per planted hectare basis (adjusted for some yield metric, like average age). I'm confident you can do the math yourself.

Finally, the combination does not enjoy any significant synergies. Ellah has no existing business of note to offer significant cost savings or revenue enhancements when combined with ARPN. It is such synergies that make value creation possible -- with prayer and pouring libations -- when you pay a premium for an asset.

Honestly, the better way to see this deal is as a liquidity event for ARPN's owners, not value creation for Ellah's.

This is not a clear or objective argument; it is like someone speaking from a pre-existing negative bias. And in that second point, why should I be the one justifying your argument with numbers?

Let’s consider some simplified comparisons. Presco has a market capitalization of about ₦1.45 trillion with roughly 26,566 hectares of planted oil-palm. Okomu is valued at about ₦1.03 trillion with around 19,011 hectares planted. ARPN, the asset Ellah is acquiring, is valued at approximately ₦155 billion and has about 6,280 hectares of planted oil-palm. When you compute the implied per-hectare valuation, Presco comes out at roughly ₦54.6 million per hectare and Okomu at about ₦54.2 million per hectare. ARPN, at Ellah’s valuation, is around ₦24.7 million per hectare.

It’s a simplified calculation, yes, but it clearly shows that ARPN is cheaper on a per-hectare basis. If you have a different valuation model, then you should present it.

Your first point also doesn’t logically support your conclusion. The CEO not being an agriculture professional is not a disqualifying factor for running an agricultural company, that is simply not how corporate execution works. The more relevant questions would be whether Ellah has operational depth, whether it has the execution capacity to integrate a much larger entity, and whether it has the political and local-stakeholder leverage required in the plantation business. Those are the real issues, not the CEO’s academic background

....

HesInMe:
So tell us na: How does Ellah intend to create value from an asset they buy at a premium?

So if an asset is bought at a premium, you can’t create value from it? Where did you learn that?

But the bigger question is how you even arrived at your ‘premium’ claim. I want to check something, since the acquisition of ARPN is part of what that ₦235 billion covers.

ARPN reportedly has about 22,000 hectares (I need verification), with roughly 6,500 already planted with palm fruit, 60% of which is matured and fruiting.

Let’s even ignore all that and focus only on the land. Assume the land is bare, no palm trees, no cassava, no processing facilities. One hectare is about 15 plots in Nigeria. That’s roughly 330,000 plots. If one plot costs ₦500k, that alone gives you about ₦165 billion worth of land.

Piggery is also a huge business, high survival rate, cheap to maintain, and the meat is nutritious. Do some research on piggery in China; it’s actually one of their main sources of meat.

jonnysessy:
The earlier you realize you are on you own in the investment world the better for you. All the people you guys refers to as guru and Ogas on this thread are not here to render any form of assistance to you. They are here to make money. Hence, they feel there should not be any free handouts. That is why you remain the CEO of your portfolio. I will advise you remain with strategy and some stocks that had worked for you in the past. Once in a while you may see few who will drop some previledge information on the thread. It took me quite a while before i understood this. There was a time i entrusted my portfolio in the hands of a brother because i thought he was better on investment issues. But, later i realized with more dedication i could do better. Hence, i took over my portfolio. The rest they say it is history. My point is nobody have your back in the investment world but you.

Lesson learnt: There is no free meal, even in Freetown

I can tell you that this statement is flawed. There are people who genuinely add value here, and there are others who just monkey-hunt. If you’re the type who takes signals, your job is to filter what’s useful from what’s not. I can mention a few people who are consistently selfless in their contributions, Pa Emma is one of them.

HesInMe:
Lol. No disrespect -- I acknowledge your initiative -- but look how far you've evolved conceptually.

Before:

Think of market fragility like checking if a bridge is about to collapse (outcome)...
If you see all 5 problems at once, your market is about to collapse! (outcome)...
This model catches those signals before the crash happens, like a smoke detector before the fire (outcomes).

Now:

It's just "descriptive."

If you found yourself on a Nigerian street and noticed the police agitated, cocking their guns, what would you do? As a rational person, wouldn’t you try to distance yourself from that location immediately? That reaction comes from observing the environment, a descriptive assessment.

It’s possible nothing is about to happen, but it’s also possible that shooting may erupt. In fact, based on experience, that outcome is more likely and potentially far more damaging, creating a negative-expectancy situation.

I have nothing else to add; I’ve made my case.

HesInMe:
You're getting defensive nah. I get its probabilistic nature, but isn't there, almost by definition, a sense of imminence associated with fragility? I was only trying to nudge you to put some numbers behind that imminence. As you previously wrote:

Market fragility Model - Simple Explanation

Think of market fragility like checking if a bridge is about to collapse. You don't wait for it to fall, you look for warning signs like cracks, rust, and stress points.

If it takes 10 years for most bridges to collapse after major cracks and stress points appear (fragility score >90), what use are those observations?

The model does not forecast specific outcomes. It compresses the current market state into a single score based on several theories about how markets behave during stress.

The score itself is descriptive, but I interpret elevated scores as a potential signal of higher future risk, the same way RSI readings suggest conditions that often precede certain moves.

It’s a tool for framing risk, not predicting exact events.

HesInMe:
So if your score hits 90, you expect an imminent market collapse, say 20+% in a week? And if this doesn't happen, you'll know it's a dud?

No, it doesn’t work like that. I think I’ve already talked to you about the probabilistic nature of the market, nobody can time it accurately (with consistency), not me and not you. What we can do is use tools to indicate when the risk of a market crash is elevated.

I believe it’s the same with your fundamental analysis or whatever method you trust. It can inform you, but it is never be a crystal ball. But if you claim otherwise, then I challenge you to make at least five separate predictions about any stock or the ASI with specific time constraints, and if even one fails to materialize within the allotted time, then we can say your method is a dud. Are you game?

So my model is just a tool, not a crystal ball. It’s based on academic and well-known concepts. Having a tool is always better than having none. I also know implementation can sometimes be wrong, which is why I continue to monitor, modify, and correct when necessary. It’s not a magic formula, there is no magic formula anywhere.

HesInMe:
Honest question (don't get defensive): How will you know that this score is useful?

Lol, if it gets to the 90s, I’ll close out my trading stocks and let only my investment stocks run, the dividend-paying ones I’ve held for a long time. I might even consider closing some of those too.

So in a nutshell, it tells me how bad things have become compared to last 6 months. Is that explanation good enough for you?

Market Fragility Score for the Week Ended.

Decline in aggregate market trading activity was the major driver.

Streetinvestor2:
I don't even think it was easy for uba to raise 150 billion.
which they have not announced the outcome till now
Na one yeye kpakus dey talk of 250 billion with that kind tie and head office

Is it just the tie? What about the suit? But maybe it’s just the style, sha. Rich people like looking unique, they’re tired of the normal stuff. Lol

emmanuelewumi:
N250 billion na your mate.

They should have asked for N20 billion, manage it well, grow the business, be profitable, pay dividends and ask for another money after 2 to 3 years

Are you sure Presco completed theirs? I know plenty of people who didn’t take up their rights, lol.

iskalamong:
I will digress a little.

I think one has to invest responsibly when it comes to investments that are Marked to Market (MTM).

This is because it affects the investor or traders psychology. In my opinion, it may be the reason many shy away from investing in risky assets like stocks.

Unlike investments in illiquid assets like real estate or properties. The daily prices are not published.

You simply buy, hold, revalue after a reasonable time and then sell. No daily MTM pressure.

Cheers

Iskalamong!

.

.

I get your point, but you’re not seeing where I’m coming from. According to him, he invested in 2021, and by 2023 he himself showed us that his stock portfolio was over ₦300 million, the posts are here, I’m not guessing. If his convictions were as strong as he’s claiming today, he would have increased that position to at least ₦1 million. In 2023 the stock was still relatively cheap. He could have sold stocks that had peaked or added more from dividends.

Now he comes here claiming he ‘always knew’ it would turn out like this, after the fact. What I’m saying is: the reason he didn’t add to the position all this while is because, consciously or unconsciously, he was weighting it down due to perceived risk compared to his other holdings.