₦airaland Forum

All these one wey Ellah Lakes dey post na format ... very soon now news go come out about either Public offering or something about raising funds....

as them dey post & show us picture ...

make dem show us pictures of their products wey dem talk say don generate revenue....

That image no fit resemble mill for their eyes since they have hidden agenda..

But I no like the way you talk, I want make his mission come to pass but you don cast the guy..

SohSoh:
All these one wey Ellah Lakes dey post na format ... very soon now news go come out about either Public offering or something about raising funds....

as them dey post & show us picture ...

make dem show us pictures of their products wey dem talk say don generate revenue....

Farm no exist, address was given, una say send pix.

pix shown, now pix is not needed again.

I hope when you see the products you will not shift goal post again..

Today's Top Volume Trades

Umehj88:
Is this the mill

I don't know what this picture represents.
If it turns out to be the mill
Many people here can build that thing without visiting the bank.
Loco you dey this business. Is your mill not better than this blue thing without fencing parameter for kpakus looking for 250 billion.

I am waiting for results. They no go agree add you for watsup group for this singular act again..lol

Streetinvestor2:
I don't know what this picture represents.
If it turns out to be the mill
Many people here can build that thing without visiting the bank.
Loco you dey this business. Is your mill not better than this blue thing without fencing parameter for kpakus looking for 250 billion.

I am waiting for results. They no go agree add you for watsup group for this singular act again..lol

Chai
If NSE no pull down Nairaland,
Nsempa will control stock market in the next 5 years.
Una too much for here oooo but God pass all of una.

BREAKING: FBN Holdings takes over Egbin Power, Ikeja Electric, FIPL

https://thesun.ng/breaking-fbn-holdings-takes-over-egbin-power-ikeja-electric-fipl/?amp

Ote$ means business. Anybody owing FBN better pay up.

What does composite and non-life mean?

nosa2:
We are now entering casino territory.
Once I take my loot from Guinness I will leave you people to enjoy the party.
I do not share this your bullishness on Linkage. Last result was rubbish

* Oga Nosa2, so recapitalization and transformation of insurance sector is Casino? Lol.
Thank God the news is all over the media, it's not like someone in Nsempa is making it up.
* You exited ELLAH prematurely ar circa N4+ when you couldn't see any value there again....but on the contrary, it has done close to +200% after that.

* Concerning Linkage, the Insurance Reform Act is a game changer......a situation where we may even see the worst among the listed ones performing excellently well than the solid ones.....depending on coming developments in the sector.
** The volumes we are seeing aren't for the fun of it....
* A year was given for this recapitalization, so things might not slow down too much as may be expected.

** That said, I may be limiting my posts here on Insurance related matters....let's allow Mr. Time to play its role.
The kind of comments I'm seeing and reading by some guys are worrisome.....
Do they think NGX or insurance reform is MMM or CBEX?
People buy and sell for various reasons, and stocks fall and rise for various reasons as well.
God sparing our lives, we'll all be following as everything will be unfolding in coming days.

Raider76:
BREAKING: FBN Holdings takes over Egbin Power, Ikeja Electric, FIPL

https://thesun.ng/breaking-fbn-holdings-takes-over-egbin-power-ikeja-electric-fipl/?amp

Ote$ means business. Anybody owing FBN better pay up.

Ote wey like power sector

nosa2:
We are now entering casino territory.

Once I take my loot from Guinness I will leave you people to enjoy the party.

I do not share this your bullishness on Linkage. Last result was rubbish

Which CASINO is like what GUINESS did?

We are all here for the MONEY... Everyone will highlight at different junction so others will continue either CRASH or CASH the game is the GAME

yMcy56:
* Oga Nosa2, so recapitalization and transformation of insurance sector is Casino? Lol.
Thank God the news is all over the media, it's not like someone in Nsempa is making it up.
* You exited ELLAH prematurely ar circa N4+ when you couldn't see any value there again....but on the contrary, it has done close to +200% after that.

* Concerning Linkage, the Insurance Reform Act is a game changer......a situation where we may even see the worst among the listed ones performing excellently well than the solid ones.....depending on coming developments in the sector.
** The volumes we are seeing aren't for the fun of it....
* A year was given for this recapitalization, so things might not slow down too much as may be expected.

** That said, I may be limiting my posts here on Insurance related matters....let's allow Mr. Time to play its role.
The kind of comments I'm seeing and reading by some guys are worrisome.....
Do they think NGX or insurance reform is MMM or CBEX?
People buy and sell for various reasons, and stocks fall and rise for various reasons as well.
God sparing our lives, we'll all be following as everything will be unfolding in coming days.

I know you know there is a stark difference between price and value. That Ellah has touched N12 does not mean it is worth N12. Do I regret selling, YES. Would I have sold if I knew the future? Hell no! How ever I did not know the future and I took the best decision based on the information I had at the time.

With regards to the insurance sector I believe the biggest issue we have with insurance in Nigeria is cultural and I don't think the bill will address that in the immediate future. However, insurance companies invest in fixed income securities and equities and with both assets giving decent returns the insurance companies should be worth more than they are. So I am bullish on insurance companies but the last result from linkage just wasn't very sexy.

Anyway make we dey try get these conversations on my platform na, ngxforum com

Its more structured and focused solely on NGX conversations

yMcy56:
* Oga Nosa2, so recapitalization and transformation of insurance sector is Casino? Lol.
Thank God the news is all over the media, it's not like someone in Nsempa is making it up.
* You exited ELLAH prematurely ar circa N4+ when you couldn't see any value there again....but on the contrary, it has done close to +200% after that.

* Concerning Linkage, the Insurance Reform Act is a game changer......a situation where we may even see the worst among the listed ones performing excellently well than the solid ones.....depending on coming developments in the sector.
** The volumes we are seeing aren't for the fun of it....
* A year was given for this recapitalization, so things might not slow down too much as may be expected.

** That said, I may be limiting my posts here on Insurance related matters....let's allow Mr. Time to play its role.
The kind of comments I'm seeing and reading by some guys are worrisome.....
Do they think NGX or insurance reform is MMM or CBEX?
People buy and sell for various reasons, and stocks fall and rise for various reasons as well.
God sparing our lives, we'll all be following as everything will be unfolding in coming days.

I have checked all the stocks and find out insurance stocks remains undervalued even at N5.
Thank God for this insurance reforms which will add value to the economy and capitalizations.

The demand for insurance shares continues till next week.The sector will be bullish till year end just a minor pullback will be witnessed

While the bashing on Ella is still on going, i have done x2,[ my assistant course rep name] I bought based on what i am seeing in presco and okomu.....i had both of them at 16naira and 17naira respectively and sold....looking at both now.....i think long term....i am will keep increasing my units in Ella...

yMcy56:
* Oga Nosa2, so recapitalization and transformation of insurance sector is Casino? Lol.
Thank God the news is all over the media, it's not like someone in Nsempa is making it up.
* You exited ELLAH prematurely ar circa N4+ when you couldn't see any value there again....but on the contrary, it has done close to +200% after that.

* Concerning Linkage, the Insurance Reform Act is a game changer......a situation where we may even see the worst among the listed ones performing excellently well than the solid ones.....depending on coming developments in the sector.
** The volumes we are seeing aren't for the fun of it....
* A year was given for this recapitalization, so things might not slow down too much as may be expected.

** That said, I may be limiting my posts here on Insurance related matters....let's allow Mr. Time to play its role.
The kind of comments I'm seeing and reading by some guys are worrisome.....
Do they think NGX or insurance reform is MMM or CBEX?
People buy and sell for various reasons, and stocks fall and rise for various reasons as well.
God sparing our lives, we'll all be following as everything will be unfolding in coming days.

Close to 200% bawo, ellahlakes close at 12+ today that is exactly 200% and still counting.

I think people over rate their past experiences forgetting the rate at which knowledge becomes obsolete.

when you go back 10 years you will discovered a lot needed to be unlearned to see more clearly.

Nigerian like to dwell a lot on experience rather than efficiency.

Efficiency should determine experience and not the other way round, that way, useless experience making up numbers are filtered.

Hello Madam. Eku market o...

I want to ask how well you still rate both Atlass or Apel, in terms of ease of funding, withdrawal and general service quality?

Anyone currently using either of these brokers can please help answer this too.

I just want a first hand review of current customer, final responsibility and liability are mine.

Thanks for your attention to this matter

yMcy56:
Morgan Capital Securities Limited
Atlas's Portfolios Limited
DLM Group
APEL Asset

That time that we were recommending MORGAN CAPITAL here, the likes of Osita says its because of the 100naira i wan collect that is making me to recommend them.....I wonder who told him that I'm collecting a dime on any recommendations here!
Shebi their eyes don dey clear now with those their big big names 😊

How does a business like Ellah Lakes make money .... from it agricultural produce.....

Let us see the produce

Picture attached a Bottle of Okumo oil. I have never seen Ellah Lakes Produce/Product in the market

crownprince2017:
Farm no exist, address was given, una say send pix.

pix shown, now pix is not needed again.

I hope when you see the products you will not shift goal post again..

Oga Nosa try get app for this NGX forum nah.
This dot com (web) does not follow nah

This has been debunked by Ikeja Electric.

Let's see what FBNH has to say about the news tomorrow...

Raider76:
BREAKING: FBN Holdings takes over Egbin Power, Ikeja Electric, FIPL

https://thesun.ng/breaking-fbn-holdings-takes-over-egbin-power-ikeja-electric-fipl/?amp

Ote$ means business. Anybody owing FBN better pay up.

SohSoh:
How does a business like Ellah Lakes make money .... from it agricultural produce.....

Let us see the produce

Picture attached a Bottle of Okumo oil. I have never seen Ellah Lakes Produce/Product in the market

Try not to run faster than your legs, ellahlakes never start refining so you can't see something like this now but surely you will start seeing it soon after the mill is commissioned.

I don't think you even know anything about ellahlakes self based on this question.sq

Locotrader:
Oga Nosa try get app for this NGX forum nah.
This dot com (web) does not follow nah

Nairaland get app?

The thing is just a pet project. Not doing it for profit. Just that conversations here are not structured and as such are difficult to reference.

crownprince2017:
Try not to run faster than your legs, ellahlakes never start refining so you can't see something like this now but surely you will start seeing it soon after the mill is commissioned.

I don't think you even know anything about ellahlakes self based on this question.sq

You get time to dey reply the same person with different monikers

crownprince2017:
Try not to run faster than your legs, ellahlakes never start refining so you can't see something like this now but surely you will start seeing it soon after the mill is commissioned.

I don't think you even know anything about ellahlakes self based on this question.sq

Ellah is setting up to be a good company. I would most likely buy back in but the journey is very long

Loco should I still be regretting if I finish selling this one
When I have seen a good company to buy now based on H2 result I saw.I am picking my afolabi units in it gradually from the money of selling this ones.
Pls help me cry for Veritas
I sold some like I said at 2.01 today
Na another of my portfolio still with wapco oh

KarlTom:
This has been debunked by Ikeja Electric.

Let's see what FBNH has to say about the news tomorrow...

use your alternate moniker to reply yourself

nosa2:
I know you know there is a stark difference between price and value. That Ellah has touched N12 does not mean it is worth N12. Do I regret selling, YES. Would I have sold if I knew the future? Hell no! How ever I did not know the future and I took the best decision based on the information I had at the time.

With regards to the insurance sector I believe the biggest issue we have with insurance in Nigeria is cultural and I don't think the bill will address that in the immediate future. However, insurance companies invest in fixed income securities and equities and with both assets giving decent returns the insurance companies should be worth more than they are. So I am bullish on insurance companies but the last result from linkage just wasn't very sexy.

Anyway make we dey try get these conversations on my platform na, ngxforum com

Its more structured and focused solely on NGX conversations

Boss, you're very correct sir.
Value is different from price.... ironically, traders pay more attention to price 😊
You're also right about the insurance perspective sir.

Interesting to know you have a platform.....
I've checked it out, hopefully a gambler like me can fit in there.,😁
Try and invite Nsempa value investors as well, will find the knowledge there very useful too.

* Wish you had not allowed the noise here to distract you on ELLAH that time.

yMcy56:
Boss, you're very correct sir.
Value is different from price.... ironically, traders pay more attention to price 😊
You're also right about the insurance perspective sir.

Interesting to know you have a platform.....
I've checked it out, hopefully a gambler like me can fit in there.,😁
Try and invite Nsempa value investors as well, will find the knowledge there very useful too.

How do you suggest I get people to come to the platform?

nosa2:
How do you suggest I get people to come to the platform?

You can post the link here and keep posting it from time to time too.....telling people briefly about what the platform is all about.
You can also put the link in your signature.

* You can equally advertise it on NL investment forum.

Hope others here can suggest other means.

elpaso007:
Hello Madam. Eku market o...
I want to ask how well you still rate both Atlass or Apel, in terms of ease of funding, withdrawal and general service quality?

Anyone currently using either of these brokers can please help answer this too.
I just want a first hand review of current customer, final responsibility and liability are mine.
Thanks for your attention to this matter

I'm not using APEL, I got it as recommendation from someone but one or two people's comments thereafter was not encouraging.
We've discussed about these platforms at different times, with people having different opinions I think.
* Users of these platforms can pls respond for wider and varied opinions.

Ladies and Gentlemen of this NGX Forum....please join me as i take ... Mr crown prince too school ....

My Personal Advice AFTER YOU SEE THIS PLEASE GO N BUY ELLAH LAKES AND LET ME CONTINUE TO GBAS GBOS THE ELLAH LAKES EVERY MALLAM TO THEIR KETTLE ... the stock price went up well over 200% so make i just dey yan and misyan

Investor wey no dey read....

1 : Picture 1 attched :: This news article here from 2018 is an overview of Ellah Lakes, its business and competitors.

Ellah Lakes claimed to have been in the oil business since 2018... It is stated here in n the news.. but I'm not going to focus on that.


Competitors Listed : Everest Farms Limited : pictured attached produces or product from Everest Farms.


Point 2/3 :: in 2022 Ellah Lakes took over Ada rice from Enugu state Govt, no pictures or produce of the rice... from Them ... Picture attched Rice by Lagos State Govt... cos should know if Enugu produced the rice. . The then governor would have wanted press to cover it...


Point 3:: in May 2019 Ellah lakes took over Telluria Farms.... a company they claimed is into Palm oil production...

But in 2024 Ellah Lakes declared zero revenue.....

I'll stop here the matter too much .... see after you see this PLEASE GO N BUY ELLAH LAKES.... EVERY MALLAM TO THEIR KETTLE

crownprince2017:
Try not to run faster than your legs, ellahlakes never start refining so you can't see something like this now but surely you will start seeing it soon after the mill is commissioned.

I don't think you even know anything about ellahlakes self based on this question.sq

yMcy56:
You can post the link here and keep posting it from time to time too.....telling people briefly about what the platform is all about.
You can also put the link in your signature.

* You can equally advertise it on NL investment forum.

Hope others here can suggest other means.

Am I allowed to post the link?

ngxforum com

Firebox123:
use your alternate moniker to reply yourself

Abeg explain. I no understand this post