₦airaland Forum

ositadima1:
Make DS an NS share their own make we see.

crownprince2017:
I'm not surprised by a man that act like a double mouth surd who once said jaiz bank was a glorified microfinance bank and change his mouth when the reality is about to be done on him that all his praised bank will be bloated above the numbers he once criticized.
I wondered what your investing values are, suddenly you are ok with the potential bloated figures of your praised bank just because you are in the train..

As per ellahlakes old results, when you talk negative talk positives too, you will not die being objective.

Many people in that train knows the reasons they are their so no panic....

We are praying for it to come less than 3 to load up...

The money in the balance sheet is enough to go round if the company liquidated today, so why the panic if you know what you are doing...

BabsO2:
Why did 3 out of the 4 directors reduce their number of shares in the last one year.

However, it is good to one of the substantial shareholders - Blackman & Co. Ltd - increase stakes. It is also good to see MBC securities springing up to take a about 14% stake in the business.

Since number of shares in the year increased by 753,786,788 shares it means apart from MBC Securities that took a new 383,738,196 share position, most of the other new positions must have been taken by retail investors.

designking:
I am exiting Ellah Lakes to enter Lafarge (Wapco) and Jaiz bank.

Ellah Lakes might dip to ₦2.5 in the coming weeks. It is better to exit now and re-enter around ₦2.5

Princkez:
how far hope you have existed because we are loading more...

ndept:
Is it fundamentals that moved Japaul from the previous 23k in less than 2 years ago to the current price of 230k (over 800% capital appreciation)? Japaul's stock price has been moving all this while based on sentiments. Let us get it right and set the record straight, it is NOT only fundamentals that moves the price of stocks in NGX. For example, if Japaul's journey into gold mine sees the light of the day, don't be suprised to see the price in the N4 region (even before they announce any financial result)

Again, is it fundamentals that moved Oando from N10 to N85 (over 600%) within 3 months, but sentiments and hope of a better future for the company based on the current information at our disposal. Again, Is it only stocks with fundamentals that Warren Buffet bought that gave him the fortunes he has now.?

megawealth01:
Na ELLAHLAKES be the next analysis

Streetinvestor2:
I no agree with this statement. Call the penny stocks with fundamentals that was kicked against. I know of few here that has been welcomed. When I say fundamentals I mean what is already in thr book and not what they hope to bring to thr

BabsO2:
Why did 3 out of the 4 directors reduce their number of shares in the last one year.

However, it is good to see one of the substantial shareholders - Blackman & Co. Ltd - increase stakes. It is also good to see MBC securities springing up to take a 14% stake in the business.

Since number of shares in the year increased by 753,786,788 shares it means apart from MBC Securities that took a new 383,738,196 share position, most of the other new positions must have been taken by retail investors.

ndept:
Thanks for the above. These are the ways through which we scrutinize stocks and not by abusing and rubbishing the views of others.

On Ellah lakes issue, someone promised here sometime ago to visit their farm and report back to us and we are still waiting on that report. But in my own views, the palm oil business is not a business that yields returns in the first 5 years, in fact, an average palm tree reaches its peak of fruition from 8 years and above. Therefore, if Ellah Lakes is really into palm oil production like Presco and okomu oil, it will take Ellah lakes at least 5 years to start reaping the gains of palm oil business. That is also depending on when they actually planted the palm trees.

NB: I previously own about 70 acres palm tree plantation and personally bought the palm fruit from Okomu oil in Benin in 2015, planted it in 2016 and sold the plantation in 2023 due to security concern. Therefore, I know exactly what I am talking about.

Sunrisepebble:
My long term concern is they dont invest in capacity expansion, is that a worry to you?

ndept:
Thanks for the above. These are the ways through which we scrutinize stocks and not by abusing and rubbishing the views of others.

On Ellah lakes issue, someone promised here sometime ago to visit their farm and report back to us and we are still waiting on that report. But in my own views, the palm oil business is not a business that yields returns in the first 5 years, in fact, an average palm tree reaches its peak of fruition from 8 years and above. Therefore, if Ellah Lakes is really into palm oil production like Presco and okomu oil, it will take Ellah lakes at least 5 years to start reaping the gains of palm oil business. That is also depending on when they actually planted the palm trees.

NB: I previously own about 70 acres palm tree plantation and personally bought the palm fruit from Okomu oil in Benin in 2015, planted it in 2016 and sold the plantation in 2023 due to security concern. Therefore, I know exactly what I am talking about.

ndept:
Thanks for the above. These are the ways through which we scrutinize stocks and not by abusing and rubbishing the views of others.

On Ellah lakes issue, someone promised here sometime ago to visit their farm and report back to us and we are still waiting on that report. But in my own views, the palm oil business is not a business that yields returns in the first 5 years, in fact, an average palm tree reaches its peak of fruition from 8 years and above. Therefore, if Ellah Lakes is really into palm oil production like Presco and okomu oil, it will take Ellah lakes at least 5 years to start reaping the gains of palm oil business. That is also depending on when they actually planted the palm trees.

NB: I previously own about 70 acres palm tree plantation and personally bought the palm fruit from Okomu oil in Benin in 2015, planted it in 2016 and sold the plantation in 2023 due to security concern. Therefore, I know exactly what I am talking about.

BabsO2:
Why did 3 out of the 4 directors reduce their number of shares in the last one year.

However, it is good to see one of the substantial shareholders - Blackman & Co. Ltd - increase stakes. It is also good to see MBC securities springing up to take a 14% stake in the business.

Since number of shares in the year increased by 753,786,788 shares it means apart from MBC Securities that took a new 383,738,196 share position, most of the other new positions must have been taken by retail investors.

KarlTom:
You could be minting money today.

Sadly, insecurity is a bane of this country...

emmanuelewumi:
Be careful when insiders become monkey hunters, with the purported growth potential of the business they ought to be buyers

Do you know the number of United Capital staff who got loan from UCap consumer finance to buy the company's stock at N12 and below. I know because I have been getting loan from them for the past 3 years

yMcy56:
https://doclib.ngxgroup.com/Financial_NewsDocs/42480_FBN_HOLDINGS_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/42477_JAIZ_BANK_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/42478_UAC__OF_NIGERIA_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/42476_PRESCO_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/42472_LAFARGE_AFRICA_PLC.-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/42468_MEYER_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf

essentialone:
Afrinvest Stockbrokers app is not working.

PharmAlfred:
No market is normal but NSE is the height of anomaly. Banger stocks don't bang. Look at all the amazing results we have seen so far. See how flat the market is. See the response to some of the best results we have seen in a long time. They should close this shit up!

megawealth01:
Chief you for post am here. It would have made me load back the UCAP I sold at ridiculous price few years back

ositadima1:
Worth #96.2 million

ndept:
Thanks for the above. These are the ways through which we scrutinize stocks and not by abusing and rubbishing the views of others.

On Ellah lakes issue, someone promised here sometime ago to visit their farm and report back to us and we are still waiting on that report. But in my own views, the palm oil business is not a business that yields returns in the first 5 years, in fact, an average palm tree reaches its peak of fruition from 8 years and above. Therefore, if Ellah Lakes is really into palm oil production like Presco and okomu oil, it will take Ellah lakes at least 5 years to start reaping the gains of palm oil business. That is also depending on when they actually planted the palm trees.

NB: I previously own about 70 acres palm tree plantation and personally bought the palm fruit from Okomu oil in Benin in 2015, planted it in 2016 and sold the plantation in 2023 due to security concern. Therefore, I know exactly what I am talking about.

ndept:
Is it fundamentals that moved Japaul from the previous 23k in less than 2 years ago to the current price of 230k (over 800% capital appreciation)? Japaul's stock price has been moving all this while based on sentiments. Let us get it right and set the record straight, it is NOT only fundamentals that moves the price of stocks in NGX. For example, if Japaul's journey into gold mine sees the light of the day, don't be suprised to see the price in the N4 region (even before they announce any financial result)

Again, is it fundamentals that moved Oando from N10 to N85 (over 600%) within 3 months, but sentiments and hope of a better future for the company based on the current information at our disposal. Again, Is it only stocks with fundamentals that Warren Buffet bought that gave him the fortunes he has now.? I know that you are an investor that thrives with fundamentals, but someone like me and others here combines all the factors together to play the market and I am indeed proud of my achievement and give Glory to God, I am a trader and an investor at the same time, I simply applied different method suitable for every stock I buy.

To borrow the words of @bullbearmarket, everyone here should simply put on the table what he/she has to offer that has been rewarding him/her and let whoever DESIRES, act or discard it, after all, nobody is being paid here to suggest the stocks to buy, but we are all saying our mind based on the fact that we all want everyone to make it big in the stock market.

Good luck to each and everyone.

megawealth01:
Their current chairman is a great achiever. He achieved a lot by making sniper a household name

PharmAlfred:
No market is normal but NSE is the height of anomaly. Banger stocks don't bang. Look at all the amazing results we have seen so far. See how flat the market is. See the response to some of the best results we have seen in a long time. They should close this shit up!

emmanuelewumi:
Do you have an account with them? Either United Capital Asset Management or United Capital Securities

Their interest rates then was between 16% and 18%

PharmAlfred:
No market is normal but NSE is the height of anomaly. Banger stocks don't bang. Look at all the amazing results we have seen so far. See how flat the market is. See the response to some of the best results we have seen in a long time. They should close this shit up!

BabsO2:
Why did 3 out of the 4 directors reduce their number of shares in the last one year.

However, it is good to see one of the substantial shareholders - Blackman & Co. Ltd - increase stakes. It is also good to see MBC securities springing up to take a 14% stake in the business.

Since number of shares in the year increased by 753,786,788 shares it means apart from MBC Securities that took a new 383,738,196 share position, most of the other new positions must have been taken by retail investors.

ositadima1:
Worth #96.2 million