Nigerian Stock Exchange Market Pick Alerts - Investment (9179) - Nairaland
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| Re: Nigerian Stock Exchange Market Pick Alerts by fashionnisir(f): 2:41pm On Jun 28, 2025 |
Streetinvestor2:My oga ,Streetinvest2 are you off the Ib train, what are your current take on it now? |
| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 2:50pm On Jun 28, 2025 |
Harvestock01:Based on yesterday closing or even at #10. What will be the present capitalization of the company. If you have 250billion won't you buy the company or go start your own farm and have plenty balance left How much is 70 million dollars that was used to buy 50% stake of such far big farm.That is still less than half of 250 billion. Do you guys think 250 billion na beans even with devaluation. Let me see how they can even raise 50 billion first via RI or PO |
| Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 2:55pm On Jun 28, 2025 |
fashionnisir:I only sold the 1 million challenge units I bought because I want to put the money in another stock I believe can still deliver 100%....C stock The old IB stock I bought long is not touched. I will decide on it after q2 results and how NB body language continues.If NB hits #80 and above Then #20 is possible based on os.i expect reconstruction by 4 in future. Not a financial advise to anyone |
| Re: Nigerian Stock Exchange Market Pick Alerts by fashionnisir(f): 3:22pm On Jun 28, 2025 |
Streetinvestor2:hope it Q2 comes out nices, holding still 20 |
| Re: Nigerian Stock Exchange Market Pick Alerts by Pesuzok(m): 3:34pm On Jun 28, 2025 |
Ellah lake, the mkt cap or assets is not up to 25bn I think. No serious revenue yet, even banks won't lend more that 20bn to it. Common sense would have been to start up the 3 ton mill and start generating revenue, then they can come for Capital raise. No doubt, there is a posssibility of getting things right and buy it's share at N50 might even be cheap at some point. I will say there is a lot of uncertainty but no doubt money can be made trading it but don't get trapped if things go the other way. Maybe the 250bn might be equity investment to wilmar to enable ellah operate their assets locally. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 4:20pm On Jun 28, 2025 |
Information from the keeper of odd knowledge. AI The estimated cost of purchasing and installing a 3-ton capacity crude palm oil refinery in Nigeria can vary depending on several factors, including equipment type, technology, and location. *Cost Breakdown:* - *Equipment Cost*: For a small-scale palm oil refinery plant with a capacity of 1-20 tons per day, the cost can range from $21,000 to $655,000. Since 3 tons per day falls within this range, a rough estimate for equipment costs would be around $60,000 to $150,000. - *Installation and Commissioning Cost*: This includes the cost of hiring engineers and local workers. Engineers' salaries and worker wages can vary, but a rough estimate for a 2-month installation period could be around $10,000 to $20,000. - *Transportation Cost*: This depends on the location and shipping method. Let's assume a rough estimate of $5,000 to $10,000. - *Other Costs*: Land acquisition, building construction, and utilities can add significant expenses. Assuming a small plot of land and basic infrastructure, these costs could range from $50,000 to $100,000. *Total Estimated Cost*: Based on these rough estimates, the total cost for purchasing and installing a 3-ton capacity crude palm oil refinery in Nigeria could be around $125,000 to $280,000. However, this is a wide range and actual costs may vary depending on specific circumstances . Additional information: ABC Machinery China. https://www.palmoilmillplant.com/related-products/palm-oil-refinery-plant-cost.html |
| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 4:25pm On Jun 28, 2025 |
GeeKudi:In this country, same wale tinubu acquired uni petrol with tiny ocean and oil holdings... Have you checked the board of Ellah lakes? Anyway all this is speculation ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 4:41pm On Jun 28, 2025 |
If I partner with Locodemy and Streetinvestor, we could potentially set up three 20-ton crude palm oil refineries in Imo and Shagamu by divesting 25% of our individual portfolios. It's interesting to note that a listed NGX company is promoting a much smaller 3-ton capacity. This contrast in scale might explain why Mr. Chuka Mordi's attempt to list Ellah Lake on the LSE was rejected a few years ago – perhaps the market was looking for more substantial operations? https://nairametrics.com/2022/02/01/ellah-lakes-close-to-finalizing-debt-and-equity-raise-to-list-on-lse-ceo-chuka-mordi/ https://businessday.ng/companies/article/ellah-lakes-plc-plans-major-expansion-with-400-million-investment/ https://businessday.ng/companies/article/ellah-lakes-receives-sec-approval-for-proposed-rights-issue/ https://nairametrics.com/2021/09/07/ellah-lakes-set-to-consider-listing-its-shares-on-the-london-stock-exchange-in-forthcoming-annual-general-meeting-agm/ Mankind2024: |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:22pm On Jun 28, 2025 |
SonofElElyonRet:Wale has a force behind him... Who's behind Chuka? |
| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 5:29pm On Jun 28, 2025 |
megawealth01:You never know.. |
| Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 5:29pm On Jun 28, 2025 |
SonofElElyonRet:Na true sha NAIJA things |
| Re: Nigerian Stock Exchange Market Pick Alerts by Pennystockwarri(m): 6:09pm On Jun 28, 2025 |
| Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 6:19pm On Jun 28, 2025 |
The bolded gives a clear picture. WILMAR is in same class with OKOMU and PRESCO... ![]() GeeKudi: |
| Re: Nigerian Stock Exchange Market Pick Alerts by megamart247(m): 6:36pm On Jun 28, 2025 |
BullBearMkt:In layman language is it a good buy at current mkt price #2.25 and whats the fair value? |
| Re: Nigerian Stock Exchange Market Pick Alerts by Pennystockwarri(m): 6:37pm On Jun 28, 2025 |
https://x.com/i/spaces/1MYxNwkAlZpKw Id be having the management of infoware, a data analytics firm that covers the ngx tommorow by 5pm Nigerian time. |
| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 6:42pm On Jun 28, 2025 |
Pennystockwarri:Nice. Definitely holding and not selling Ellah.. By the way, any positive feedback on my suggestion that you reach out to JapaulGold for a possible Twitter engagement with investors like Ellah did? |
| Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 7:16pm On Jun 28, 2025 |
Too many red flags and controversy around Ellah lakes. Mordi Chuka is not helping matters with his double speak. On Arise TV is was categorical about raising funds. On twitter he was not sure then suddenly now they are raising. I had to dump my shares cos its failing to align with my financial plans. I wish Ellah lakes and those on board luck. |
| Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 7:49pm On Jun 28, 2025 |
The enigma that is Mr. Chuka Mordi. Who knows his birthdate? Who knows his age? It seems like he's following a similar path to Dozy Mmobuosi, raising eyebrows among investors. The infamous Tingo Farms debacle comes to mind, and the more I dig into Chuka Mordi's story, the more questions I have. Transparency, anyone?"
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| Re: Nigerian Stock Exchange Market Pick Alerts by Pennystockwarri(m): 8:03pm On Jun 28, 2025 |
None yet SonofElElyonRet: |
| Re: Nigerian Stock Exchange Market Pick Alerts by Mankind2024: 8:09pm On Jun 28, 2025 |
Chuka Mordi's interview seems more like a strategic move to lay the groundwork for the N250 billion capital raise. It's a stark reminder of Robert Kiyosaki's observation that the stock market can be a central bank for company owners to mint money – a reality that warrants closer scrutiny. Jegede Paul might not buy into X interview. SonofElElyonRet: |
| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 8:30pm On Jun 28, 2025 |
Mankind2024:Very old school Jegede |
| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 8:32pm On Jun 28, 2025 |
Pennystockwarri:Ok |
| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 8:35pm On Jun 28, 2025 |
faoogoke:I listened to him on Twitter. . He didn't want to offend the regulators by saying much about sale of shares since they hadn't received regulators' approvals. . He said Twitter wasn't the forum to dwell on the issue (so it wouldn't seem like he was already marketing without said requisite approvals) |
| Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 8:37pm On Jun 28, 2025 |
If anyone wants to know were ELLAHLAKES will get the #250b and were they will invest it...just attend the agm on 25/7/2025. |
| Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 8:39pm On Jun 28, 2025 |
faoogoke:Modified: that N250b or anything close to that amount will change their story |
| Re: Nigerian Stock Exchange Market Pick Alerts by legacystore: 8:52pm On Jun 28, 2025 |
Ellah stock price will certainly drop (full offer expected) next week as short term investors will sell off quickly to move elsewhere. ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 8:57pm On Jun 28, 2025 |
legacystore:Ellah is not moved by traders.Its moved by the hands behind the rights issue. They will move it to their target price. If you know how to play the game, you will surely benefit, if not them go carry your money go. When it comes to the future of Ellah, I see it as a target for the bigger players. |
| Re: Nigerian Stock Exchange Market Pick Alerts by nosa2(m): 8:57pm On Jun 28, 2025 |
legacystore:I dont know why they are trying to fly before they learn to crawl. I would have expected them to have allowed their plantation to reach max capacity before needing to raise more capital to expand (if needed). Also one thing that stood out to me with regards the X Q&A was that he kept insisting the raising capital via equity was cheaper than raising via debt. This goes against conventional wisdom. In any case whats the rush with the capital raise? Na siddon look I dey sha. Right now I am out of this boat. If things become clearer I will happily jump back in. Too many cheap stocks to die on this dividend free hill |
| Re: Nigerian Stock Exchange Market Pick Alerts by starpower(m): 9:01pm On Jun 28, 2025*. Modified: 9:36pm On Jun 28, 2025 |
Those doing cbex are here, no need in advising anybody please. We have nothing to prove, this forum itself acts like stock market, people displaying greed and don't blame them. The more you try educating them, the more they build there opinion. Transcorp the holding company selling at a huge conglomerate discount, it two listed subsidiaries are improving there moat currently fg improving on Sectoral operating policies in power sector by unbundling distribution to state and improving tarrif, dangote cement is going to benefit from new tax law and improving pricing, nestle recovering from fx losses. Let talk about real values. We wish all well. |
| Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:01pm On Jun 28, 2025 |
ELLAH has now taken the front burner... ![]() |
| Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:03pm On Jun 28, 2025*. Modified: 7:52pm On Jun 29, 2025 |
Let the advice continue to roll in. No one is holding a gun to anyone's head. After all, an advice is to be accepted or refused... ![]() starpower: |
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