₦airaland Forum

yMcy56:
Did you make the deposit in batches?
..and by what means was the deposit made?
Someone dropped the MD's number sometimes ago....
Pls try and contact him directly concerning this....
At least bank transfer can't lie.....even if your fund was made during system downtime...
I hope you also track this with your bank...

I haven't heard or read about this kind of complaint before now....
Even the person that deposited via bank transfer was credited within minutes without sending mails...
So try and find out what the issue actually lies..

Please share Morgan Capital email contacts as I have been trying to reach them without success. Anyone else with the address can also help. Thank you all for your attention to this matter!

KarlTom:
Looking at the year on year results, I find myself wondering (and asking) what really changed?

Is this improvement a result of the Chinese bid or something else

Naija company management dey fear Chinese...so report must be correct!
NB: I hold WAPCO....

HesInMe:
1. Open an account at another broker of your choice
2. Without saying why, ask your current broker to give you a current CSCS statement
3. Ask your new broker to initiate a transfer request from CurrentBroker. NewBroker will ask you for your CSCS statement, letters requesting transfer, and CSCS fees.
4. Be prepared for war with CurrentBroker to honor that transfer request: Send them an email if not done in three weeks, then another email requesting escalation 2 weeks later. Make sure everything is written, not verbal. If still not effected, file a broker complaint with NGX. It works wonders.
5. Close your account with CurrentBroker

Bros, please, what if the broker is no longer active - eg Cashcraft?

BabsO2:
From the picture attachment by Bagwa, converting $300m into shares is also on the table.

It is clearly stated that the price to be used will be determined through book building and other means.

It can be safely assumed only 10 billion new shares will be issued even if $300m of debt is converted into shares along with a fresh N500 billion being raised. This could imply a price of N100 possible if supported by the book building or other valuation method used. Think N50 is damn too low for use. It won’t be the smartest thing to do. Look at UBA they know the market is depressed or fearful in valuations and won’t do rights on just any low price

I think N50 is damn low

OANDO and assumptions eh....all because of poor and deceptive managers!
NFA/DYOR

Mpeace:
For Transcorp it's always one step forward, one step backwards.
UACN is always slow and steady upwards movement.
Since I enter PZ e never move.(I am not the cause of)
Cileasing gave me 20% but they don't want me to take it.

Bros, that's why the stock market is not a get rich quick scheme but a place for wealth creation.
Some people mistake the investment caveat of - invest what you can afford to lose - to mean something else, instead of risk/reward.
Remember when this same UACN was selling for 8 naira or less.....the stock exchange is up and down...depends mostly on a company's management and economic situation of the country involved.
Don't mind me o.....I know you understand these things better than me!
NFA/DYOR

Fred2020:
Just when I decided to offload Nestle for being sluggish over the past month, it turns full bid.

Is there something happening with Nestle?

I know many buses have already left, but is there any bus I can still join for a short-term trip?

NESTLE has always been a (SWAN) solid stock especially as a wealth preserver!
Better to think long term except you are speculating/not risk averse and many of such stock has been mentioned here, just scroll back!
Always DD/remember why you bought before you sell....it happened to me on BETAGLAS...anyways, no loss so no regrets.
Note: I hold NESTLE!!
NFA/DYOR

megawealth01:
This is my TRUE REALITY ❤️

In Naira or USD?
My big Bros, na joke I dey o....

austinkenneth:
Target exit price range: 5,600 - 6000 not really attained.

You are not seriously losing value so enjoy the dividend while you wait...
Value, growth and speculative stocks are all in different categories...
Bros, abeg no vex o!
NFA/DYOR

ositadima1:


From a TA perspective, EllahLakes may drop to ₦7. It’s been moving without strong backing, and I think it could come down to ₦7 and oscillate between ₦7 and ₦9 until a major driver emerges again.

Remember, fundamentally, at ₦12.60 per share, the company should either be paying around 90 kobo in dividends or generating free cash flow close to ₦3 billion, given its current outstanding shares.

Don’t get carried away — take profit while you can.

Bros, I agree with you!
However, think about what was happening in Berkshire before Warren took over!!
Is it possible that change in management may do the trick after the bigger boys take over Ellah which may be happening already - CFO?
Some intentional investors may have seen a great potential....again it's all risk/reward....
Note: one entered Ellah long ago and done well not only on paper.
DYOR/NFA

EDUECO:
Berger Paints
UCAP
Dangote Cement
SEPLAT

They are all dividend paying stocks.

All very good picks....got the last 3 long ago and still holding!
Ensure good entry price and like yMcy56 will say, buy in batches.
NFA/DYOR

Streetinvestor2:
When we buy a unit of company we buy into the business and become part owner of the business
When you buy a unit of dead businesses. What are you really buying into.
You just like to be family member of the dead I guess..lol.

The family members of the dead are presently among us.They live in benin and promoting the dead.
Lwkd
The price of non exitant stocks do equally go up.we have seen it in the past on ngx.Share price does not mean a business can not be dead...go and verify in the past
I am obidient

Bros, please leave Obidients out of this as you don't even know if the guy himself is also an Obidient!
Note: I have Ellah because for me it's a risk worth taking as I said earlier....head office or no head office.
NFA/DYOR

Streetinvestor2:
They suppose do the village meeting in that office. Why are they running to lagos...lol

Una government gree fix roads? Na joke o....
Bros, but most companies hold their AGM/EGM in Lagos na.

Mpeace:
If it's the same price with majority buyout, then it's good to sell now oh. $0.06 [/b]at current exchange rate of [b]N1,560 to $1 is like [b]N93.6.[/b]
But they might not go lower than market price

Chai....apc don finish Naija!

handsomebolanle:
What decides a Billion Naira valuation?

I know of an organisation with a revenue of over a billion Naira with no fantastic office.

Infact, scammers are quick to get a conducive office because that's the first thing people will lookout for. it could also be the other way round.

Not inferring on anything. I'd be concerned if the visit is to the farm and the activities ongoing there.

I am also concerned why there have been no update as regards the oil mill plant. We are approaching mid July. Every Hallam to his kettle

Any shareholder worried about Ellah should attend the upcoming meeting in Lagos - simple!
Ellah Lakes is a risk worth taking...It has rewarded some and may still do more
DYOR/NFA

presiade:
Great! That’s what I want to hear, and yes, I always add identifiers (trading account number and my full name) to my transfers. Thank you for the info.

Send an email about your intentions to Morgan....they will reply fast and tell you what to do. It's very easy!

SonofElElyonRet:
I think it can do much better with time.. considering the previous high

VFD is a business in same league with CUSTODIAN.....for discerning investors...don't look at only the share price!
DYOR/NFA

Investcom:
Hello guys the gains on the NGx are just to scarry.

Ive sold off o . Congratulations to me.

Finally can say l get real profit as against paper profit.

Dangote is still looking for money....even Musk still de find money!!!
Chai money......

mikeapollo:
Royal Exchange
Universal Insurance and
Veritas Kapital Assurance

Source:
https://vfdgroup.com/

Smart guys! Thank you...

mikeapollo:
I did a few checks on VFD and discovered they have solid fundamentals.
I was surprised to know that they did 5:1 bonus last year

A good business....they also have a hand in Abbey...
Do you know if they are involved in any insurance company?

RabbiDeOracle....where art thou?
It took sometime but your prediction is here!!
We are missing you, Bro

austinkenneth:
Some of us are trapped in Seplat. No movement, while other stocks gained 50%.

We need help. More than 500m worth single trade is required for movement.

From whence cometh our help?

SEPLAT is a solid business!
Enjoy your quarterly dividend as compensation...nothing spoil for this wealth preserver and SWAN stock, Bro
DYOR/NFA

megawealth01:
I believe in fundamentals. I can't be in this market this long if I don't anyways. I sabi this game to understand that this market hasn't fully repriced certain stocks

You are apt, my Bros!
In this game, like in every other game let no one kid themselves, for at the end of it all there will always be winners and losers!
What no one can say for certain is that unlike other games no one can predict the exact time this one will end.
Plan your trade and trade your plan -BBM!

Harvestock01:
If the fundamentals stocks police arrest you, you go tey for custody 🤣

Warren Buffett likes to say, “It’s only when the tide goes out that you know who’s been swimming naked.”
That’s his way of saying a downturn exposes those who had been taking on excessive risk when times were good!
- cnbc analyst

ceelog:
The history books claim that investor outperforms the trader long term..
But i dont know if that applies to Naija market

It sure does even in Naija but of course like in all other things only for those who know what they are doing (whether, Trader or Investor).
"The market, like the Lord, helps those who help themselves. But unlike the Lord, the market does not forgive those who know not what they do." - Warren Buffet.

Mpeace:
Bawa. I have had personal experience with this man. I remember when he was in Port Harcourt, just before he became head of EFCC. A matter I handled in court...
If I have to judge from that experience, then I will advise you not to take that book seriously.
Also remember all the uncleared allegations made against him with respect to disposal of seized properties.
Nigeria is corrupt, with or without subsidy.

You have a good point Bro, as he was very evasive in his Arise tv prime time interview!
It's heart-breaking listening to people who had the opportunity to make Naija great but always disappoint!!

Streetinvestor2:
It is different from doing follow follow on stock or begging for stock recommendations...thank u

Big Bros, we know you are not afraid to follow, speak or ask for stock recommendations from anyone here....
It's not a crime so don't let anyone make you feel guilty.
Be strong for we are all here to do good for each other. Cheers Bro!

Streetinvestor2:
Na newbies way think the stock market na get rich quick I dey pity.
I go openly laugh anyone way begin cry here when e happen.
The ogas don dey escape smal small using
different strategy. To pump penny stock is easy but not easy to keep it up when the free float is high
Then you equally need good numbers to keep it up after pumping or it comes crashing.
It will only take time unless your money long like alhaji own to sustain it.
On another note many of them don collect thr 100%.Not bad business..lol

Bros, we heard someone say this same thing about Oando some time ago...though the story has changed now!

EDUECO:
Ellah lakes has greater risk than my type of stocks(Zenith Bank, UBA and ACCESSCORP)

Ellah lakes (above 70% risk)

My type of stocks (below 10% risk).

Guys it's time to stop the argument to avoid any issues.....
Note: some people have quietly made good money from Ellah and are still hoping to make more no matter what happens!
Distill the noise, be strategic.....SWAN!
DD/NFA

KarlTom:
I'm not playing advocate here but we need to understand that these are painful changes that must be effected.
We can argue the mode of enactment but trying to vilify the government is not too good.

I recall many citizens also kicked against subsidy removal because "it was one of the benefits the masses get from the government".

This same subsidy almost ran the economy aground...

Bros, are you blaming the victims? Naija politicians no get pity at all...so sorry for the masses small na!

Omooloriredade:
You must have missed the N19B trade they snuck in minutes to close. Omo! Who controls that kind of money?

The printers!

Shalom428:
This tax reform is likely to crash the market next year. After a lot of analysis and paralysis, you expect me to give 25% of my profit to government to embezzle. Never!!!

UAE , I'm bringing in my money next year.

Naija government want to tax people like the UK and others but will never deliver services like those ones - NTA video guy!
Shameless politicians....

Agbalowomeri:
Are they effecting the capital gain tax? At what percentage?

Meanwhile, Naija renters have found another way since the monopoly man has hit them hard!
Together with government (politicians) they always profit from the hapless masses

https://nairametrics.com/2025/06/25/nmdpra-to-begin-license-issuance-for-lubricant-importation-to-tackle-substandard-products/