₦airaland Forum

SohSoh:
Ellah Lakes might be a scam or phony company

All the pictures of ellah lakes on the internet are digital, and not real, there are no pictures or videos of or from the business operations or behind the scenes, assets or equipments, used by the company.
Using dangote Refinery as an example we have seen pictures and videos of and from the refinery.

Cutix I've seen there product in the market.

Also in 2020 Ellah Lakes had zero revenue ... the company might be a scam...

and before alot of you are quick to argue... there is the case of " Dozy Mmobuosi " (read about it) of " Tingo Foods" that faked a company like Ellah Lake and listed it on NYSE

Ellah Lake might be a phony company or scam company ....

SohSoh:
Ellah Lakes might be a scam or phony company

All the pictures of ellah lakes on the internet are digital, and not real, there are no pictures or videos of or from the business operations or behind the scenes, assets or equipments, used by the company.
Using dangote Refinery as an example we have seen pictures and videos of and from the refinery.

Cutix I've seen there product in the market.

Also in 2020 Ellah Lakes had zero revenue ... the company might be a scam...

and before alot of you are quick to argue... there is the case of " Dozy Mmobuosi " (read about it) of " Tingo Foods" that faked a company like Ellah Lake and listed it on NYSE

Ellah Lake might be a phony company or scam company ....

abuhusna1:
The only reason I wont belief Ellah lake is function from that hut head office is the recently signed white man.

Dijita:
I am new here. I used to own Nigeria stocks in the 90s before I Japa in the late 90s. Recently I tried to look up the stocks. Majority of the companies are no longer listed. those that are still listed no longer have my name, I am assuming people in my former office who knows I am no longer in the country sold the stocks in collusion with the brokers. I don't have stock brokers at the time. I mostly bought them at IPO.
Now that there is much transparency and ability to monitor my stock with APPs, I am skeptical as most of the stocks doing well in the 90s are no longer listed or have very low values eg, Dicon salt, Nigeria brewery, PZ, Cadbury, SCOA, UAC etc

I returned cautiously with about 800k in March/April that has grown by about 15% excluding expenses. I am however very skeptical of how long most of these companies will last before they run into trouble just like their predecessors.

I am responding to you because of your response to the guys taking about 10 to 15 years investment objective which is what I have in mind.

SonofElElyonRet:
Just discovered that VFD paid N7.89 dividend for 2022 year end! 2021 was N10.79. 2020 was N8.51. May the good times return

PuristForest:
i saw this tweet and thought this was hilarious, someone bought oando 20 yrs ago and he still in a lost as at today, is that even possible.....

PuristForest:
i saw this tweet and thought this was hilarious, someone bought oando 20 yrs ago and he still in a lost as at today, is that even possible.....

megawealth01:
E never even move... When it gets to #30 na that time many will understand?

unite4real:
Its not straight forward as you are thinking.
Over the past 20 years, there had been stock splits and bonuses issued.

The total holding 20 years ago compared to today will have been about 3 times. So technically the person is not in loss position except for inflation

Agbalowomeri:
Did Oando do any bonuses? I don't think so

unite4real:
Boss they did o.

2008 stock splits
2010 stock split and bonuses
2011 stock split
2012 stock split
2025 you know they have started too.

Gerrard59:
I have seen this happen with many men, and it is going to be worse now and in the future with modern women who earn their money (some earn more than men sef), unlike most of their mothers. The solution as a man is to have fewer children, undergo vasectomy, have concubines to prevent prostate cancer, engage in constant exercise, adopt/develop new hobbies, especially mentally stimulating ones, travel as one's pocket can afford, etc.. Ultimately, the best solution is to have fewer children, as that enables the man to save and invest for his retirement years. Nothing beats having fewer children. As men, we shouldn't just come into this world to raise children, but to make money and enjoy life.

Agbalowomeri:
Ahh where my own?

crownprince2017:
Someone is looking for a way to buy ellahlakes at discount, how would a listed company not have a proper signpost, oga ooooo, even small me can afford a standard sign post talk less of a listed company.

A valid point that can make us have a second thoughts about ellahlakes is if you come out here with logical evidences that everything the CEO said about the development are lie.

Stop spreading fake information in the name of looking for money, all these wouldn't take anybody anywhere.

Before

the farm doesn't exists
No revenue
The debtors are selling the converted shares as if the debtors have infinite no of shares
What is on ground is too small
Nothing serious is on ground
And now

Head office is a dilapidated house in one village

What more please.

unite4real:
Also try to discover the total outstanding shares back then and you will know why

Umehj88:
I'm willing to bet any amount with you. That this is not their office. I'm surprised you saying this, thought you live in benin self with the moniker you using. I entered Benin again last night would try and do a video and send to this group if possible I have 100k unit of ellah I bought at 3.1 I sold mine on Monday. Im posting wat I saw

ceelog:
Hello Mega
How do one buy a stock that shows no offer on the trading app but yet posts trading volumes after the business day?
Must it be directly through a stockbroker?
Meritrade is the app.

Agbalowomeri:
Did Oando do any bonuses? I don't think so

Umehj88:
I'm willing to bet any amount with you. That this is not their office. I'm surprised you saying this, thought you live in benin self with the moniker you using. I entered Benin again last night would try and do a video and send to this group if possible I have 100k unit of ellah I bought at 3.1 I sold mine on Monday. Im posting wat I saw

SonofElElyonRet:
Just discovered that VFD paid N7.89 dividend for 2022 year end! 2021 was N10.79. 2020 was N8.51. May the good times return

megawealth01:
They were trading high in NASD then

SonofElElyonRet:
Just discovered that VFD paid N7.89 dividend for 2022 year end! 2021 was N10.79. 2020 was N8.51. May the good times return

ojeysky:
Ellahlakes committee of pull back may likely get their wish today....let's see if this thread makes a difference on ngx

megawealth01:
Relax na. As you don sell let others continue with the village office COY

Princkez:
looks like ..Haaa I offloaded too early ooo...No one would believe that ellahlakes will cruise pass #10 successfully and still cruising. Km #20 next point ....ELLAHLAKES!! we move

PuristForest:
i saw this tweet and thought this was hilarious, someone bought oando 20 yrs ago and he still in a lost as at today, is that even possible.....