₦airaland Forum

SonofElElyonRet:
I no get am again. .

I wouldn’t blame you though.

I bought in because I bought into their expansion program. Hoping that it would bring about multiple source of income and forex.

Wondering why institutions ain’t buying it big

Nice one from SEC

https://sec.gov.ng/circular-to-all-public-companies-and-capital-market-operators-on-the-transmutation-of-independent-non-executive-directors-and-tenure-of-directors/

Locotrader:
Peter,Loco made N7+ million in Ellah.I am done with it for now.
I will be interested to continue when I see the price at N10.
When a company wants to raise money to continue in operations,no Jupiter will block their way.They need to push the price to their desired junction in order to offer the right issue or whatever deems fit to them.

Ellah is a serious trap for now

Countries also raise money to continue operations. Nothing wrong in raising capital as long as it's put to productive use. The stock markets exist not just that we can make money, but that the companies too can raise funds and economies to grow. Little wonder a country’s GDP can track the stock market and vice versa. We as investors contribute to this growth by buying a stake in the companies we hold. It's not gambling as someone once put it, it’s we helping companies with good models to flourish and the sick ones that they are exposed. The stock markets are a beautiful mix of common sense, knowledge, fear, and greed. Often its like a phatomine and we all need to sieve through it all. Time only tells which side of the spectrum at any point in time, an investor/trader has fallen. Except those that are privileged to have insider information, the rest must sweat it out through due dilligenge backed by research.
A Billion Naira holding in Presco today, could well have been an investment of a few Millions years back. Our prayer, May God grant us life to reap the fruits of our investments; for with time, many will become Billionaires through the Ngx.
May we all prosper.

aj8:
Countries also raise money to continue operations. Nothing wrong in raising capital as long as it's put to productive use. The stock markets exist not just that we can make money, but that the companies too can raise funds and economies to grow. Little wonder a country’s GDP can track the stock market and vice versa. We as investors contribute to this growth by buying a stake in the companies we hold. It's not gambling as someone once put it, it’s we helping companies with good models to flourish and the sick ones that they are exposed. The stock markets are a beautiful mix of common sense, knowledge, fear, and greed. Often its like a phatomine and we all need to sieve through it all. Time only tells which side of the spectrum at any point in time, an investor/trader has fallen. Except those that are privileged to have insider information, the rest must sweat it out through due dilligenge backed by research.
A Billion Naira holding in Presco today, could well have been an investment of a few Millions years back. Our prayer, May God grant us life to reap the fruits of our investments; for with time, many will become Billionaires through the Ngx.
May we all prosper.

Oga why you dey write thesis for practical things?
Why you dey compare rats with rabbits?
In as much as I believe Ellah is a growth stock,plenty things needs to be done

Why did they choose the option of diluting shares when they can sell commercial papers?
Did others start by diluting shares?
Check the outstanding shares of okomu and presco and check that of Ellah.Cant you see they are not in the same league?

My problem now is Ellah's latest results is not good,what prompted the rapid rise in price?
When the audited result is announced in the next few months,this same share price will nose dive.
They should do well and sell commercial papers. This is the only news I will appreciate than doing right issue or private placement/ public offer.

I have to thank Ellah for rewarding me to where I think I can stop until I see the next line of action which must be a positive one that can impact on the top and bottom lines.

Do you have a paid subscription for tradingview?

emmaodet:
Likely to see a pull back for ellahlakes at this 4.8 price. Possible to take some profits.
It is an area of constant resistance.
It faced a resistance at this price in sept-24 and Oct-24
This is the third time testing this area but with the volume been observed, we will see if this line of resistance obey the law of polarity where price breaks above and it becomes a support.

There is money in this country ……..

RodgersAkpafu:
Seems like JB is yet to pay up today

I got my Julius Berger dividend yesterday.

moneymanager:
There is money in this country ……..

There’s a mix up there though and this is probably also the fault of the NNPC’s lack of transparency. The NNPC official could not explain properly to the senate how they spent over a 100 trillion in the period . If you dig deep into the story, you’ll see both the NNPC official and the senate committee are confused.

“It is clear that N210 trillion is not missing. The figure is a combination of accrued expenses and receivables, transactions that should cancel out each other once fully reconciled.

The Senate’s main concern is (and should be) about the financial process and transparency. They believe it is a serious lapse for such large transactions to be published in an audit report without proper governance approvals”.

For more on this, read:

https://fij.ng/article/explainer-no-evidence-n210trn-in-nnpc-audit-is-missing-just-poorly-explained/

Megapower:
Do you have a paid subscription for tradingview?

No bro.
Just basic/free subscription...

Locotrader:
Oga why you dey write thesis for practical things?
Why you dey compare rats with rabbits?
In as much as I believe Ellah is a growth stock,plenty things needs to be done

Why did they choose the option of diluting shares when they can sell commercial papers?
Did others start by diluting shares?
Check the outstanding shares of okomu and presco and check that of Ellah.Cant you see they are not in the same league?

My problem now is Ellah's latest results is not good,what prompted the rapid rise in price?
When the audited result is announced in the next few months,this same share price will nose dive.
They should do well and sell commercial papers. This is the only news I will appreciate than doing right issue or private placement/ public offer.

I have to thank Ellah for rewarding me to where I think I can stop until I see the next line of action which must be a positive one that can impact on the top and bottom lines.

Theoretically and as an academic exercise, don't you think a commercial paper as money market instrument with short term tenure would require them to pay off the interest and principal after just one year while equity shares would give them more freedom and room to manage their liquidity and working capital better?

Still loading up on Ellah…50M units is my target.

Coolcash1:
My stock pick for the week based strictly on TA.

1. Aradel
2. Access
3. Transcorp
4. CWG
5. NSLTEC
6. Oando
7. Guinea

DD strongly advised...

Made this call last week. Hope you guys made money.

We move.

mikeapollo:
Theoretically and as an academic exercise, don't you think a commercial paper as money market instrument with short term tenure would require them to pay off the interest and principal after just one year while equity shares would give them more freedom and room to manage their liquidity and working capital better?

Companies that issues commercial papers has their shareholders interest in mind.With undiluted shares,they can pay good dividend to shareholders.If okomu and presco decide to dilute shares today,their dividend yields will reduce drastically.
Ellah has raised money several times by issueing shares.Since they are now productive as claimed,they should find alternatives to raise funds than diluting shareholders value.

Good Morning experts
I bought PZ and Betaglass at #27 &248 respectively. can I sell them with their current price or wait till their financial report released.
God bless you all ,we.really appreciate you guys

Coolcash1:
Still loading up on Ellah…50M units is my target.

Your username says it all
My tasere units in Ellah don do. Na funds to invest in dangote refinery and fertilizer I dey try find ready

This popoola name, I once encounter the name in uyo.
What was your intended purpose of buying them? Have you met your target price? What do you intend to do once sold, can you get the said coys back after sale? Do you want to consider another coy(s)?
There is no direct answer, it depends on you objectives

popoolaRofiat:
Good Morning experts
I bought PZ and Betaglass at #27 &248 respectively. can I sell them with their current price or wait till their financial report released.
God bless you all ,we.really appreciate you guys

Locotrader:
Oga why you dey write thesis for practical things?
Why you dey compare rats with rabbits?
In as much as I believe Ellah is a growth stock,plenty things needs to be done

Why did they choose the option of diluting shares when they can sell commercial papers?
Did others start by diluting shares?
Check the outstanding shares of okomu and presco and check that of Ellah.Cant you see they are not in the same league?

My problem now is Ellah's latest results is not good,what prompted the rapid rise in price?
When the audited result is announced in the next few months,this same share price will nose dive.
They should do well and sell commercial papers. This is the only news I will appreciate than doing right issue or private placement/ public offer.

I have to thank Ellah for rewarding me to where I think I can stop until I see the next line of action which must be a positive one that can impact on the top and bottom lines.

I was a bit surprised when the CEO mentioned they were prioritising equity fundraising over debt. That said, it's still early days for the company, and the road ahead is long. I exited my position at N4.29 and may consider re-entering in the future.

For now, I see several mature companies trading at deeply discounted valuations, and I can't justify tying up capital in what is essentially still a startup.

FAKE NEWS!!!! .

moneymanager:
There is money in this country ……..

jp130:
This popoola name, I once encounter the name in uyo.
What was your intended purpose of buying them? Have you met your target price? What do you intend to do once sold, can you get the said coys back after sale? Do you want to consider another coy(s)?
There is no direct answer, it depends on you objectives

This Popoola is not from uyo.Thank you for your prompt reply sir

fashionnisir:
Has he payed off the co -directors ?............... because the more the share price increase, the more they shift post.

Many of the schemes of this game don't always find themselves in the media unless there's a motive behind them

mikeapollo:
Theoretically and as an academic exercise, don't you think a commercial paper as money market instrument with short term tenure would require them to pay off the interest and principal after just one year while equity shares would give them more freedom and room to manage their liquidity and working capital better?

not for u............
....

.........

nosa2:
I was a bit surprised when the CEO mentioned they were prioritising equity fundraising over debt. That said, it's still early days for the company, and the road ahead is long. I exited my position at N4.29 and may consider re-entering in the future.

For now, I see several mature companies trading at deeply discounted valuations, and I can't justify tying up capital in what is essentially still a startup.

That was soon my oga .Did you do your own calculations whr the company could be in the next 5 yrs based on 3 tonnes per hour capacity of mill even at full operations and all FFB being thr own

Streetinvestor2:
That was soon my oga .Did you do your own calculations whr the company could be in the next 5 yrs based on 3 tonnes per hour capacity of mill even at full operations and all FFB being thr own

I will be back in the company long before then. No need to tie down capital when gtb is still trading below pe of 3. Cadbury is trading at pe of 3 with Return on equity above 200%. These are actual numbers that I can see today

Mankind2024:
Labeling a quoted company as 'cursed' reflects market uncertainty rather than any intrinsic flaw. Market participants drive volatility, not the companies themselves. Access Bank, like any well-managed institution, has the potential to be a top investment if market sentiment shifts positively.

The best to do is discard the noise of noise makers... TIME, KNOWLEDGE and PATIENCE is the weapon of a skilled investor not mere emotions

Coolcash1:
Still loading up on Ellah…50M units is my target.

Dearis God in everything we do as we dey look for this money. Make ww dey fear baba God
I don't hope to see offer be dat on Monday
I know you dey get exit strategy
Hope you done sell onado now

Abeg newbies make una dey shine eyes if you no sabi TA or FA before you take any call.
I did not say anything

nosa2:
I will be back in the company long before before then. No need to your down capital when gtb is still trading below pe of 3. Cadbury is trading at pe of 3 with Return on equity above 200%. These are actual numbers that I can see today

Let's see what our fight for this Agric company will help us to achieve.

I so much like to invest in Ellah lakes.I am the one that made the first call on Ellah lakes in 2018/2019 before we entered COVID 19.My first handle Locodemy has the whole records but now deactivated.

I am happy you have made your own due diligence on the company and found out a lot needs to be done.All of us will enjoy the company at the right time.

Even now,as a traders stock,Ellah has rewarded us awesomely.

Let's join hands together to force this company to be transparent and produce good results

If you have 10m right now, what stocks would you buy to hold for about 12 months? How would you invest it? Thanks

Ourown:
If you have 10m right now, what stocks would you buy to hold for about 12 months? How would you invest it? Thanks

If you invest that money in Cileasing at this time,you will live to thank Loco all the days of your life.

Note: Don't take this advice as a monkey hunting advice but check Nigeria economy and the prospects of Cileasing in Nigeria economy in 2025 and beyond.

Ourown:
If you have 10m right now, what stocks would you buy to hold for about 12 months? How would you invest it? Thanks

If I have such money and don't know anything about stock business .What to buy will not be my immediate concern and 12 months. I will spend time to learn the basic maths of the business since Internet has made it easier not like when I started many yrs back.
Opportunities will always be in the market at various time as preservation of capital is most important