₦airaland Forum

SonofElElyonRet:
Let Ellah breathe

The only thing that can move Ellah now is badmouthing.You have the opportunity to bail out when you see it moving because dilution that will descend the price to 1.50 is coming.

Cc Nosa2

AcadaGuy:
The way veritas is ignoring me is vexing me. I haven’t received my zenith bank shares and nobody is talking to me there. What kind of registrars are these people? Can I report to SEC or something? Any ideas?

If you are in Lagos you can visit their Lagos office at Adeola Odeku Street beside their Head office

AcadaGuy:
The way veritas is ignoring me is vexing me. I haven’t received my zenith bank shares and nobody is talking to me there. What kind of registrars are these people? Can I report to SEC or something? Any ideas?

i followed all the due process with morgan capital to claim my Zenith dividend but veritas kept frustrating the process. I sold all my stocks in their register and ignored the unclaimed dividend. Any stock in veritas register is a no for me-they can cause volatility in your blood pressure!

sterlingD:
Aj8 did an expose on the stock after they release their Q1 2025 result shown below

....😊

Locotrader:
What you are seeing in champion now is pushing which IB will not respond to.
When a company with less free floats is coming for IPO,their stock price rally very fast to justify the IPO price.

It is a win win for those already in

How is PO a good thing for champion. That means dilution of thr shares. To meet free float they don't have to go the way of PO

Then for IB ministry .The bull in brewery is as result of improved result which is as result of increase in thr price of thr products..And IB had turned to profit like other brewery .Don't
forget they have very good selling products both non alcoholiic Thr only problem is is bloated OS. I am expecting reconstruction in future

Ibrahim505:
i followed all the due process with morgan capital to claim my Zenith dividend but veritas kept frustrating the process. I sold all my stocks in their register and ignored the unclaimed dividend. Any stock in veritas register is a no for me-they can cause volatility in your blood pressure!

I did not have all these issues with Veritas. I just visited Zenith bank, got the form, filled and submitted to them.
I used Zenith bank account, thus I am among the first to be paid each time.

My younger sister did the same but didn't get for two years until this year when I returned and asked her to repeat the same process, fill the one on NIBSS portal and also send Veritas a filled and signed E-mandate form via email. One of these processes apparently worked because, without doing anything else, she received this year's and previous years' payments.

Amaa2019:
Good evening investors and traders, pls those that participated in last year’s right issue and public offers of bank through ngx invest website, have you been credited/allotted your shares?

Kindly assist with a response

Yes credited For Fidelity and FBNH that I used it for. NGX Invest works.

Locotrader:
The only thing that can move Ellah now is badmouthing.You have the opportunity to bail out when you see it moving because dilution that will descend the price to 1.50 is coming.

Cc Nosa2

If that happens be sure that I'm buying a trailer load !

Actually, it is. Even if you didn't know any formal finance, the school of real life in Naija should've taught you that a naira tomorrow is worth less---a lot less---than a naira today.

When people park money in a stock that's going nowhere for a while (I'm not just talking about Ellah), the damage to your wealth is real.

SonofElElyonRet:
...delay is not denial

yMcy56:
This CHELLARAM, I could remember mentioning a very very illiquid stock here that time, that I won't mention it because some would say it was moving because I mentioned here.........
It was trading around circa N2 or below that time.....
July 2023

Only one person asked me privately which stock I referred to and I told the Oga.
Even myself cant buy because it's not trader friendly...

The rest, they say, is history today......
Osita, if you like continue to say na entertainment I sabi for here.......or make Una dey ask "if Saul is also among the prophets" 😁

wow

megawealth01:
FTNCOCOA

I have been thinking about this stock for a month.

DEAP CAPITAL MANAGEMENT AND TRUST PLC. Q1 STATEMENT.
The deep financial crisis in DEAP Capital offers no hope for investors, but favors traders.
The recent increase in market activity and share price of Deap Capital Plc is notable, especially considering its first-quarter 2025 financial statements. These statements present significant challenges, including negative equity and accumulated losses, raising concerns about the company's long-term viability. Given these financial indicators, the possibility of potential delisting from the NGX warrants consideration.
Based on my analysis of the financial statement, here are some potential red flags:
1.Negative Equity: The company has negative equity. As of March 31, 2025, the total equity is negative at N'000 (2,627,879). This means the company's liabilities exceed its assets, which is a significant going concern issue.
2.Accumulated Losses: The company has significant accumulated losses. The retained earnings/ (loss) brought forward is N'000 (5,508,415) as of March 2025. This indicates a history of losses, which erodes the company's capital base.
3.Borrowings vs. Assets: The company's borrowings are a substantial portion of its total assets. As of March 2025, borrowings are N437,354,000 while total assets are N302,752,000.This indicates that the company is heavily reliant on debt to finance its operations, which increases financial risk.
4.Cash Flow Issues:The oxygen and life blood of Deap capital is in a state of comatose. The statement of cash flows shows negative cash flow from operating activities. The net cash outflow from operating activities is N4,833,000) for the quarter ended March 2025. This suggests the company is struggling to generate cash from its core business operations.
5.Going Concern Risk: The combination of negative equity, accumulated losses, high borrowings, and negative operating cash flow indicates a significant risk that the company may not be able to continue as a going concern.
Disclaimer:
I do not have a single unit of DEAP Capital, nor do I plan to invest my hard-earned resources in it. I was searching for the next UCAP on NGX when I came across its Q1 statement.

@HesinMe,
Your concern is a global phenomenon, not unique to Nigeria. With this mindset, accumulating wealth might be challenging, as you can't control inflation and government policy. Our parents made similar mistakes, thinking tangible assets guaranteed future prosperity. Today
As a modern investor, you can hedge against potential future inflation that erodes currency value. With this approach, an insolvent company today might become the next PRESCO or UCAP tomorrow if only one can spot the future potential.
By following basic investment principles and DD, you can potentially turn NGN 1 today into 10X tomorrow. My portfolio is a testament.

HesInMe:
Actually, it is. Even if you didn't know any formal finance, the school of real life in Naija should've taught you that a naira tomorrow is worth less---a lot less---than a naira today.

When people park money in a stock that's going nowhere for a while (I'm not just talking about Ellah), the damage to your wealth is real.

FTN Cocoa has tremendous potential that's been unrealized due to poor management. The day a capable team takes the reins, the story could change dramatically.

Bizibi:
I have been thinking about this stock for a month.

HesInMe:
Actually, it is. Even if you didn't know any formal finance, the school of real life in Naija should've taught you that a naira tomorrow is worth less---a lot less---than a naira today.

When people park money in a stock that's going nowhere for a while (I'm not just talking about Ellah), the damage to your wealth is real.

Your analysis is jaundiced. You presume the price appreciation anticipated from Ellah is marginal or average.. it is astronomical and monumental.. inflation rate will be but a fraction

Na some of us know how okomu oil be years ago,me personally looked down on okomu that time in Benin city,I come dey say which kind oil be this sef but who would have expected okomu and presco to be this big,I nor even know say presco dey exist until went there myself.....I know there are some stocks in ngx that are long term,na to find out their potential,invest and wait.

See some stocks are going up like this stock johnholt that was on my laughing list then. Sometimes no one knows when it will happen.

He is probably a civil servant.


You can't make big money from the stock market without going through a serious risk, because once everyone see the same signal you are waiting for, there would be little or no visible growth.

If you don't have very big money you lean towards time, you invest in long term project that has potential of yielding more than normal thought returns.

if you don't have a very big capital, your risk tolerance must be huge to make something meaningful out of the market.

Who do you think the venture capitalist are.

Good morning

Our stocks

ABCTRANS= Divested.short term target met.2.80 -3.00.
There is still more upside after Q2 result.

Champion=Hold

Cileasing= Accumulating

NPf=Accumulating

Chams= Hold

Our attention is now on NPf.Follow the money as it is hot

Locotrader:
Good morning

Our stocks

ABCTRANS= Divested.short term target met.2.80 -3.00.
There is still more upside after Q2 result.

Champion=Hold

Cileasing= Accumulating

NPf=Accumulating

Chams= Hold

Our attention is now on NPf.Follow the money as it is hot

Conductor calling passengers, I hope your bus na Noah bus oooooo, I not fit shalaye oooo.

crownprince2017:
Conductor calling passengers, I hope your bus na Noah bus oooooo, I not fit shalaye oooo.

This one na Jonah

crownprince2017:
He is probably a civil servant.


You can't make big money from the stock market without going through a serious risk, because once everyone see the same signal you are waiting for, there would be little or no visible growth.

If you don't have very big money you lean towards time, you invest in long term project that has potential of yielding more than normal thought returns.

if you don't have a very big capital, your risk tolerance must be huge to make something meaningful out of the market.

Who do you think the venture capitalist are.

Yeah large capital is the real deal
You won't live forever 😂

By the time you are wise in investing you are probably old

Locotrader:
Good morning

Our stocks

ABCTRANS= Divested.short term target met.2.80 -3.00.
There is still more upside after Q2 result.

Champion=Hold

Cileasing= Accumulating

NPf=Accumulating

Chams= Hold

Our attention is now on NPf.Follow the money as it is hot

Mega sef wey first mention npf no do reach 1/10th of your publicity

DEAPCAP
Debt-to-equity @169k ...

Mankind2024:
DEAP CAPITAL MANAGEMENT AND TRUST PLC. Q1 STATEMENT.
The deep financial crisis in DEAP Capital offers no hope for investors, but favors traders.
The recent increase in market activity and share price of Deap Capital Plc is notable, especially considering its first-quarter 2025 financial statements. These statements present significant challenges, including negative equity and accumulated losses, raising concerns about the company's long-term viability. Given these financial indicators, the possibility of potential delisting from the NGX warrants consideration.
Based on my analysis of the financial statement, here are some potential red flags:
1.Negative Equity: The company has negative equity. As of March 31, 2025, the total equity is negative at N'000 (2,627,879). This means the company's liabilities exceed its assets, which is a significant going concern issue.
2.Accumulated Losses: The company has significant accumulated losses. The retained earnings/ (loss) brought forward is N'000 (5,508,415) as of March 2025. This indicates a history of losses, which erodes the company's capital base.
3.Borrowings vs. Assets: The company's borrowings are a substantial portion of its total assets. As of March 2025, borrowings are N437,354,000 while total assets are N302,752,000.This indicates that the company is heavily reliant on debt to finance its operations, which increases financial risk.
4.Cash Flow Issues:The oxygen and life blood of Deap capital is in a state of comatose. The statement of cash flows shows negative cash flow from operating activities. The net cash outflow from operating activities is N4,833,000) for the quarter ended March 2025. This suggests the company is struggling to generate cash from its core business operations.
5.Going Concern Risk: The combination of negative equity, accumulated losses, high borrowings, and negative operating cash flow indicates a significant risk that the company may not be able to continue as a going concern.
Disclaimer:
I do not have a single unit of DEAP Capital, nor do I plan to invest my hard-earned resources in it. I was searching for the next UCAP on NGX when I came across its Q1 statement.

SonofElElyonRet:
Mega sef wey first mention npf no do reach 1/10th of your publicity

Las Las you go follow Loco.

When Ellah time comes,Loco will advertise it here

@Agbalowomeri,
I disagree with your assertion. The key is consistency, understanding the principles of investing and faith in the market. As a self-investor, I've never had large capital. I sometimes invest less than N50K on NGX and under $2K on NYSE. I trust the market and believe my investments will grow. My SMART goal is N1B on NGX, and I'm halfway there. I've weathered both good and bad days in the market.

Agbalowomeri:
Yeah large capital is the real deal
You won't live forever 😂

By the time you are wise in investing you are probably old

Mankind2024:
@Agbalowomeri,
I disagree with your assertion. The key is consistency, understanding the principles of investing and faith in the market. As a self-investor, I've never had large capital. I sometimes invest less than N50K on NGX and under $2K on NYSE. I trust the market and believe my investments will grow. My SMART goal is N1B on NGX, and I'm halfway there. I've weathered both good and bad days in the market.

How old are you? You no go compare yourself with those of us retired or near retirement

We need to see stock bubble this morning.
Where is our oga?

DING!!!

toyeoye:
📊 NGX market wrap – May 7

What a midweek masterclass on the trading floor! 🏟️
The bulls took charge with 54 stocks advancing and only 21 declining, a dominant play by any standard.

📈 Top gainers:
• UPDCREIT and MEYER closed at the daily ceiling (+10%), powering through with late-session strength.
• MULTIVERSE continues to shine, now leading the week-to-date race with a blazing +31.5% gain.

📉 Top losers:
• DEAPCAP fell hard, ending with a -10% drop, today’s biggest dip.
• On the WTD standings, VERITASKAP is down -9.91%, struggling to find footing.

💸 Market Mover:
• GTCO was the undisputed MVP , ₦6.66B in value, 98.64M in volume, and still climbed +3.85%. A well-rounded performance by the banking heavyweight.

📌 From daily drama to weekly momentum, StockBubbles delivers the market’s pulse in real-time.
🟢 https://stockbubbles.com.ng/

https://stockbubbles.com.ng/ is not working today

...

Panadee:
DING!!!

CHAMPION CAVERTON OANDO

I'm reminded that we're the same generation of great Akokites who witnessed the era of Late Prof. Jelili Omotola. The truth is, we all have different life timelines. Hence, the need to consistently pray for God's guidance. I started investing in NGX in 2008 and NYSE in 2022. Initially, I was always in the red, but by applying basic investing principles, I turned things around. On NGX, there are companies that can shield your portfolio from potential downturns, and the same applies to NYSE.

Agbalowomeri:
How old are you? You no go compare yourself with those of us retired or near retirement