₦airaland Forum

Agbalowomeri:
Where he see money

The man na Abowonle o.
Has a wealthy father and also very wealthy.
Elizade Motors readily come to mind at the mention of Ade-Ojo

KarlTom:
In summary:

Revenue, from sale of produce, increased from ₦18.96m in Q ending 31 January to ₦68.73m in Q ending 30 April.

Someone gave a pointer that this increase in sales revenue implies that the palms are fruiting.
All that is left for SP take off is the commencement of milling...

Everyone is looking for the same indicators.
Report of farm visits is also very important.
By and large, patient capital is critical.

yMcy56:
The man na Abowonle o.
Has a wealthy father and also very wealthy.
Elizade Motors readily come to mind at the mention of Ade-Ojo

There are many other investment vehicles under the brand.

KarlTom:
In summary:

Revenue, from sale of produce, increased from ₦18.96m in Q ending 31 January to ₦68.73m in Q ending 30 April.

Someone gave a pointer that this increase in sales revenue implies that the palms are fruiting.
All that is left for SP take off is the commencement of milling...

It is ambiguous, they should have stated where the revenues came from.

It remains our darling Oando

You have a point.
However, we can safely agree that a farmer can only generate revenue from the sale of his produce...

thebargainhunte:
It is ambiguous, they should have stated where the revenues came from.

Yes o

thebargainhunte:
It remains our darling Oando

Firebox123:
afrinvest are scam

Really?

Ding

Jeoma2024:
Which is NIBBS form please

Read below guide and follow through:

https://contactcentre.nibss-plc.com.ng/support/solutions/articles/47001254731-e-dmms-user-guide

thebargainhunte:
It is ambiguous, they should have stated where the revenues came from.

Not explicitly stated in the report but take a listen to below interview conducted after Jan qtr result.

https://www.cnbcafrica.com/media/6369844572112/ellah-lakes-ceo-dissects-31bn-debt-to-equity-conversion-/

The revenue will continue to grow exponentially for the rest of the year. We are not talking about P/L or dividend yet o so best to stay clear if that is what you are after. Management should be grilled about the Oil mill commissioning. What is going on gan gan?

Market snapshot right now 👀

Omooloriredade:
Not explicitly stated in the report but take a listen to below interview conducted after Jan qtr result.

https://www.cnbcafrica.com/media/6369844572112/ellah-lakes-ceo-dissects-31bn-debt-to-equity-conversion-/

The revenue will continue to grow exponentially for the rest of the year. We are not talking about P/L or dividend yet o so best to stay clear if that is what you are after. Management should be grilled about the Oil mill commissioning. What is going on gan gan?

So many promises and hopes.
Do anyone have pictures of the mill installation or any of their farms.

They are in partnership with ENUGU state government in Ada rice project, but I don't know if something is happening there

thebargainhunte:
It remains our darling Oando

Elijah is the new Oando. Buy pop corn 🍿

Sept 01, 2021 post....

yMcy56:
Honeywell
* Honeywell was valued at N7.33 book value.........safe margin ...
* Investdata valued it @N12 based on current performance and near future value......
Analysts outside the country valued it at around 30......
This could be some of the reasons driving the share price of Honeywell..........in addition to a rumour likely going around........

https://www.google.com/url?sa=t&source=web&rct=j&url=https://investdata.com.ng/honeywell-flour-2021q1-high-margin-as-profit-growth-supports-hope-of-future-dividends/&ved=2ahUKEwij9Ij99N3yAhWwxIUKHWX6AZUQFnoECAwQAQ&usg=AOvVaw1WhTQuBYrtS5G3aybrWLEj

https://independent.ng/what-is-influencing-the-very-high-valuation-of-honeywell/
** Just for info purpose**
Cc: Locodemy

Loco how far with Honeywell?
Thank God you've moved on anyway.....

Feb 13, 2025

yMcy56:
Honeywell
One of the Jackpot stocks of the year.....😁
Free float is less than 1bn, around 856M by my calculations.....
By this FYE, we'll know the true position again.......

@23.10 Full bid...

** Not any form of advice....Don't take my words for it......DD applies** 😊

We are awaiting Oando results by tomorrow Friday according to the document uploaded on NGX...... all things being equal......

There's one other stock on watchlist now....
A popular stock that has disappointed many here..
Maybe the time to compensate is approaching who knows...

FIDELITY @19.10.....
Fidelity where are thy accusers?

Omooloriredade:
Not explicitly stated in the report but take a listen to below interview conducted after Jan qtr result.

https://www.cnbcafrica.com/media/6369844572112/ellah-lakes-ceo-dissects-31bn-debt-to-equity-conversion-/

The revenue will continue to grow exponentially for the rest of the year. We are not talking about P/L or dividend yet o so best to stay clear if that is what you are after. Management should be grilled about the Oil mill commissioning. What is going on gan gan?

A key summary:
Ellah Lakes converted 3.1 billion naira debt to equity, leading to the listing of 1.1 billion additional shares on the Nigerian Exchange

This translates to N2.82 per share for the conversion. This is likely part of the shares sold between end of January till date at an average price of N3.2 in the market.

yMcy56:
Sept 01, 2021 post....

Loco how far with Honeywell?
Thank God you've moved on anyway.....
Honeywell is heading for the next valuation......30, all things being equal

Feb 13, 2025

@23.10 Full bid...

** Not any form of advice....Don't take my words for it......DD applies** 😊

Mercy na so we see am oh.
The stock I bought at 80kobo around 5 years ago.When God wants to make someone a millionaire,he will close the person's ear and eyes and remove his hand on the mouse for sometime.This our fast click on mouse has some disadvantages but I am managing the advantage side of it.

I am seeing this very big company called Cileasing as another stock to explode in a short period

I am also seeing my champion a consumer stock like Honeywell to do her thing too

BabsO2:
A key summary:
Ellah Lakes converted 3.1 billion naira debt to equity, leading to the listing of 1.1 billion additional shares on the Nigerian Exchange

This translates to N2.82 per share for the conversion. This is likely part of the shares sold between end of January till date at an average price of N3.2 in the market.

Total shares is how many now?
Remember another fund raising is around the corner for working capital

BabsO2:
A key summary:
Ellah Lakes converted 3.1 billion naira debt to equity, leading to the listing of 1.1 billion additional shares on the Nigerian Exchange

This translates to N2.82 per share for the conversion. This is likely part of the shares sold between end of January till date at an average price of N3.2 in the market.

Possibly. Also, they will likely raise more equity this current year. Potential headwinds for the SP in the short term but I believe in the business. I understand their strategy but magement just needs to be a bit more transparent or forthcoming with information.

But it wasn't easy trading on Honeywell in those days.People badmouth Honeywell and stock price was just fluctuating without any tangible benefits to shareholders for years.

Some stock we have explored this time may not find it all roses but will certainly fly if we give them time.

2 stocks I am seeing as blue chip stocks in less than 12 months are champion and Cileasing but only if Loco will exercise patience

yMcy56:
We are awaiting Oando results by tomorrow Friday according to the document uploaded on NGX...... all things being equal......

There's one other stock on watchlist now....
A popular stock that has disappointed many here..
Maybe the time to compensate is approaching who knows...

Which stock is that? I like disappointments. By the way your call on Honeywell was spot on.

Locotrader:
But it wasn't easy trading on Honeywell in those days.People badmouth Honeywell and stock price was just fluctuating without any tangible benefits to shareholders for years.

Some stock we have explored this time may not find it all roses but will certainly fly if we give them time.

2 stocks I am seeing as blue chip stocks in less than 12 months are champion and Cileasing but only if Loco will exercise patience

What of our Chamified

3,858,173,594

Locotrader:
Total shares is how many now?
Remember another fund raising is around the corner for working capital

yMcy56:
FIDELITY @19.10.....
Fidelity where are thy accusers?

They seems to be hiding their faces. One thing I love about this market is it has a mind of its own 😘

Utalinmou:
What of our Chamified

The market is all about what you see.
I have come to understand companies with low revenue or low profit margins are no longer viable at NSE no matter the advert you do on them.

It is better to align yourself with companies that can generate higher revenues and declare losses while servicing their debts properly.when they are finally in profit,you will see their prices sky rocket.eg NB,IB,Dangote sugar,oando,Cileasing,cadbury,mtn etc.These are too big to fail companies and will always be the toast of the market.I am spotting the ones greatly undervalued among them to start now to buy.As the economy is improving,they will always improve.In the next 12 months,all these mentioned stocks may see 50 - 100%

I have chams but revenue is poor.With expansions,they will generate more cash flow.

oando in a classic elliot wave ending diagonal pattern....
many insurance assets setting up nicely
ewwnation.com

SEPLAT officially down with -10%.. ..

Honeywell in some drink water @22.65/22.75.....profit takers at work.......after pullback, it will resume the journey....
Hopefully it can move like NNFM small

1kinggy:
Really?

check their reviews before investing on their app

Is PZ Cussons currently undervalued?

I Dey reason am.

I remember when I mentioned IB, someone said except you wanna be stuck for 5yrs, the person even made mention of their OS.

I kept 1m in it and it almost doubled before I sold and switched all into NB.