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Nigerian Stock Exchange Market Pick Alerts - Investment (9410) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by SohSoh: 10:36pm On Aug 07, 2025
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 you should know if Enugu state produced rice. . The then governor would have wanted press to cover it...


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

Re: Nigerian Stock Exchange Market Pick Alerts by chimex38:
nosa2:
Am I allowed to post the link?

ngxforum com
Make I help you post the link.
https://ngxforum.com/

I particularly like the different section for each stock or business category.
Makes for easy reference, structured and streamlined discussion.
Re: Nigerian Stock Exchange Market Pick Alerts by mikeapollo: 1:47am On Aug 08, 2025
BabsO2:
Oando needs prayers for the party to start again, this time for the three digit milestone.
Three digits look very unlikely for Oando until there is very good news e g. fantastic Q3 results, more oil field acquisitions, higher ratios in the share redistribution tranche 2, etc. Otherwise we have to wait until after the fresh capital raise.
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 3:29am On Aug 08, 2025
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
You wey get front seat you better wait

When the casino finally kicks in in December/January, what you will make in two weeks might be more than what you made in two years cheesy
Re: Nigerian Stock Exchange Market Pick Alerts by HesInMe: 4:53am On Aug 08, 2025
The lines are increasingly getting blurred, but in general:

Life: Insurance company that provides insurance against death or critical illness. Sometimes includes accident/health insurance and asset management (e.g., pensions). Usually requires more professional actuarial/investment management skill. Companies like AIICO and Leadway are the big players in this segment.
Non-life aka general: Property and casualty (P&C) insurance company that insures non-life risks and liabilities, e.g., cars, homes, oil & gas assets, business income. The biggest slice of the insurance market. Most Nigerian companies are non-life/general insurance carriers.
Composite: Carrier that insurers all of the above. Although AIICO is well known for its life business, it insures other non-life risks, so it falls under "Composite."
Reinsurance: Carrier that insurers other insurers. Usually very large, well capitalized. Most of them are non-Nigerian.

cocolacec:
What does composite and non-life mean?
Re: Nigerian Stock Exchange Market Pick Alerts by Payunsin: 5:20am On Aug 08, 2025
The qualification date for Chams right issue is June 16. I have about 6m units of Chams before June 16 out of which I sold 2.5m afterwards.
I currently have about 3.5m units, my question is, am I qualified for 6m units pre June 16 or present 3.5m for my right.
ThatN1.7 I think is give away don’t want to miss a single unit
Re: Nigerian Stock Exchange Market Pick Alerts by emmasoft(m): 6:12am On Aug 08, 2025
Payunsin:
The qualification date for Chams right issue is June 16. I have about 6m units of Chams before June 16 out of which I sold 2.5m afterwards.
I currently have about 3.5m units, my question is, am I qualified for 6m units pre June 16 or present 3.5m for my right.
ThatN1.7 I think is give away don’t want to miss a single unit
Qualified for 6m if you sold after June 16, even if you sold all the 6m, any investor who bought after June 16, irrespective of the number of units, is not qualified.

Whenever you hear a qualification date for rights issue, dividend etc what it means is that the registrars read the register of shareholders from that date backward. Any name or holdings after that date are not considered.
Re: Nigerian Stock Exchange Market Pick Alerts by cocolacec(m): 7:05am On Aug 08, 2025
HesInMe:
The lines are increasingly getting blurred, but in general:

Life: Insurance company that provides insurance against death or critical illness. Sometimes includes accident/health insurance and asset management (e.g., pensions). Usually requires more professional actuarial/investment management skill. Companies like AIICO and Leadway are the big players in this segment.
Non-life aka general: Property and casualty (P&C) insurance company that insures non-life risks and liabilities, e.g., cars, homes, oil & gas assets, business income. The biggest slice of the insurance market. Most Nigerian companies are non-life/general insurance carriers.
Composite: Carrier that insurers all of the above. Although AIICO is well known for its life business, it insures other non-life risks, so it falls under "Composite."
Reinsurance: Carrier that insurers other insurers. Usually very large, well capitalized. Most of them are non-Nigerian.
Thanks
Re: Nigerian Stock Exchange Market Pick Alerts by cocolacec(m): 7:06am On Aug 08, 2025
Has anyone received Living trust mortgage bank dividend?
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:08am On Aug 08, 2025
Investors scramble for insurance stocks on new sector’s Act - The Nation Newspaper https://thenationonlineng.net/investors-scramble-for-insurance-stocks-on-new-sectors-act/

Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56:
chimex38:
Make I help you post the link.
https://ngxforum.com/

I particularly like the different section for each stock or business category.
Makes for easy reference and structured and streamlined discussion.
Good.
I guess he should have input http just like you did.
The link will take people directly to the website to register.

Make Una go register to learn from our savvy and guru Oga on top.... and be participating as well.
We actually needed alternatives to Nsempa....Una off topics too much here......also don't carry your gbas gbos go there o.......Street, don't carry your kpakus go there. 😁

https://ngxforum.com/
.
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 7:47am On Aug 08, 2025
Agbalowomeri:
You wey get front seat you better wait

When the casino finally kicks in in December/January, what you will make in two weeks might be more than what you made in two years cheesy
grin
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 8:03am On Aug 08, 2025
Agbalowomeri:
You wey get front seat you better wait

When the casino finally kicks in in December/January, what you will make in two weeks might be more than what you made in two years cheesy
Pessimist turned chief optimist
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 8:24am On Aug 08, 2025
emmasoft:
Qualified for 6m if you sold after June 16, even if you sold all the 6m, any investor who bought after June 16, irrespective of the number of units, is not qualified.

Whenever you hear a qualification date for rights issue, dividend etc what it means is that the registrars read the register of shareholders from that date backward. Any name or holdings after that date are not considered.
Wow. Just discovered QD is June 16th. Had 500,000 units up till 23rd June..
Re: Nigerian Stock Exchange Market Pick Alerts by Fred2020: 8:36am On Aug 08, 2025
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
Ellah is clearly a business that seeks to sell itself as a business ubdergoing rapid positive transformation.

Interesting it grew revenue from less than N1m in 2024 to N60m YTD.

Also, it has biological assets worth N585million but also has a salary payable of N525million which I guess is likely intended to be primarily share-based compensation to senior exec...but still seems quite steep or probably premature given the revenue and biological asset value as at YTD.

It makes me question how diverse and independent the board is.

Also, the large portion of the asset value (over 80%) is down to N22billion of land (approx N15billion of this value was recognised in 2024 by a fair value adjustment - a 200% increase in land value). This would make me feel very uncomfortable if I were a long term investor.

This adjustments were signed off by a small audit firm also.

While it may have met ICAN criteria to audit and signed off the account, I would personally be uncomfortable relying on a 15billion naira revaluation gain being signed off by a small accounting firm....
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 8:45am On Aug 08, 2025
Is everything okay over there?

smiley
Firebox123:
use your alternate moniker to reply yourself angry
Re: Nigerian Stock Exchange Market Pick Alerts by faoogoke(m): 8:46am On Aug 08, 2025
I am in.

The forum needs to be populated.

Loco and co should please register their presence

yMcy56:
Good.
I guess he should have input http just like you did.
The link will take people directly to the website to register.

Make Una go register to learn from our savvy and guru Oga on top.... and be participating as well.
We actually needed an alternatives to Nsempa....Una off topics too much here......also don't carry your gbas gbos go there o.......Street, don't carry your kpakus go there. 😁

https://ngxforum.com/
.
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 8:51am On Aug 08, 2025
What God cannot do, does not exist grin
SonofElElyonRet:
Pessimist turned chief optimist
Re: Nigerian Stock Exchange Market Pick Alerts by SohSoh: 9:04am On Aug 08, 2025
grin grin grin still waiting for Crown Prince, Son of Elyon Ret & Mega Wealth To reply me... #InvestorsWeyNoDeyRead
Re: Nigerian Stock Exchange Market Pick Alerts by Agbalowomeri: 9:12am On Aug 08, 2025
SonofElElyonRet:
Pessimist turned chief optimist
Still no mean say NGX go show Una shege this August and September grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 9:22am On Aug 08, 2025
Fred2020:
Ellah is clearly a business that seeks to sell itself as a business ubdergoing rapid positive transformation.

Interesting it grew revenue from less than N1m in 2024 to N60m YTD.

Also, it has biological assets worth N585million but also has a salary payable of N525million which I guess is likely intended to be primarily share-based compensation to senior exec...but still seems quite steep or probably premature given the revenue and biological asset value as at YTD.

It makes me question how diverse and independent the board is.

Also, the large portion of the asset value (over 80%) is down to N22billion of land (approx N15billion of this value was recognised in 2024 by a fair value adjustment - a 200% increase in land value). This would make me feel very uncomfortable if I were a long term investor.

This adjustments were signed off by a small audit firm also.

While it may have met ICAN criteria to audit and signed off the account, I would personally be uncomfortable relying on a 15billion naira revaluation gain being signed off by a small accounting firm....
I like when you defend kpakus in this manner. I mean when you come with numbers or superior arguments. Not when you leave the matter at hand and create lies. And if it is not working you begin to go personal on the individual. The result is out thr and full yr will soon follow.
Then because it is into palm oil you tell people just to look at SP of presco or okumu

That said you pointed another serious red flag. The value of biological assets is almost the amount for salary being owed.How now.Is this not another way to grab more shares via conversion to equity

Pls can you project when you think this company can hit 1 billion in revenue and 1 billion in PAT
Then what eps could look like with current os which you equally acknowledged can still go up.They have not started refining oil.They are still selling FFB.
Don't forget the expected mill is just 3 tonnes.
You can compare to the size of presco and okumu which has 90 000 and 60 000.I hope I am not wrong based on when I did the search

The auditors na another red flag as they called our attention in onado regarding it too
Re: Nigerian Stock Exchange Market Pick Alerts by SohSoh: 9:34am On Aug 08, 2025
If you watched this live video..... of The Recent Ellah Lakes EGM exactly on Minute 29 to Minute 30..
The video which claimed to be a live video from the EGM meeting... showed someone that looks like Chuka Mordi lying down on the bed....

When I saw it... I stopped posting About Ellah Lake here for sometime.. before person hire men to come n shoot me for trying to expose their fraud hustle

Na there my mind 1st go...
Link Attached :: Minute 29 to Minute 30

https://www.youtube.com/live/W6S1JEJfdCc?si=-A6XeVH_dTs7Ndy3
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:38am On Aug 08, 2025
Ekuu pessimists disappointment ooooo
God no go shame us.

Demand for insurance stocks never even reach 30%.
We still have more demand which will enter next week.

Royalex family how far?
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:41am On Aug 08, 2025
SohSoh:
If you watched this live video..... of The Recent Ellah Lakes EGM exactly on Minute 29 to Minute 30..
The video which claimed to be a live video from the EGM meeting... showed someone that looks like Chuka Mordi lying down on the bed....

When I saw it... I stopped posting About Ellah Lake here for sometime.. before person hire men to come n shoot me for trying to expose their fraud hustle

Na there my mind 1st go...
Link Attached :: Minute 29 to Minute 30

https://www.youtube.com/live/W6S1JEJfdCc?si=-A6XeVH_dTs7Ndy3
Una don finally wake Ellah.
Wait for full bid this morning.
Re: Nigerian Stock Exchange Market Pick Alerts by Pennystockwarri(m): 9:42am On Aug 08, 2025
Here are a few stocks I'd be watching in today's trading session on the NGX.


https://www.youtube.com/watch?v=RdhdLf5QkZI?si=yYEWl0i82yk_xMv0
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 9:47am On Aug 08, 2025
SohSoh:
grin grin grin still waiting for Crown Prince, Son of Elyon Ret & Mega Wealth To reply me... #InvestorsWeyNoDeyRead
When they come for you.It will be personally attack and not stick to matter at hand I can assure u.They will never come with superior facts based on number.
One in particular will land with lies and how kpakus is dragging space with presco and okumu because they are all in red oil.And you will be wondering how.
Look at the size of the Mills of those two compared to just 3 tonnes expect in kpakus.
Look at the thousands of palm by the other 2 and this one is still talking about 500 hectares

Then it looks all the land banks in other states has been converted for the preservation of endangered spaces of rats and rabbits..lol

I keep forgetting this moniker. This is the moniker that came marketing mecure phm at the beginning. ...I hope I am not wrong
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 9:53am On Aug 08, 2025
SohSoh:
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 you should know if Enugu state produced rice. . The then governor would have wanted press to cover it...
SohSohliso na dis crap you wan make I reply grin
Ellah on the beat cool
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 9:54am On Aug 08, 2025
SohSoh:
If you watched this live video..... of The Recent Ellah Lakes EGM exactly on Minute 29 to Minute 30..
The video which claimed to be a live video from the EGM meeting... showed someone that looks like Chuka Mordi lying down on the bed....

When I saw it... I stopped posting About Ellah Lake here for sometime.. before person hire men to come n shoot me for trying to expose their fraud hustle

Na there my mind 1st go...
Link Attached :: Minute 29 to Minute 30

https://www.youtube.com/live/W6S1JEJfdCc?si=-A6XeVH_dTs7Ndy3
Lol you too fear.
That guy and his gang no fit try shit for this life for my side.I dey street credible till Jesus returns. For that side I no go ever fear or carry last.
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 9:55am On Aug 08, 2025
How do I go about buying up rights offers of Chams not taken up by allotees?
Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 9:56am On Aug 08, 2025
SonofElElyonRet:
SohSohliso na dis crap you wan make I reply grin
Ellah on the beat cool
SohSoh:
grin grin grin still waiting for Crown Prince, Son of Elyon Ret & Mega Wealth To reply me... #InvestorsWeyNoDeyRead
SohSoh:
If you watched this live video..... of The Recent Ellah Lakes EGM exactly on Minute 29 to Minute 30..
The video which claimed to be a live video from the EGM meeting... showed someone that looks like Chuka Mordi lying down on the bed....

When I saw it... I stopped posting About Ellah Lake here for sometime.. before person hire men to come n shoot me for trying to expose their fraud hustle

Na there my mind 1st go...
Link Attached :: Minute 29 to Minute 30

https://www.youtube.com/live/W6S1JEJfdCc?si=-A6XeVH_dTs7Ndy3
SohSoh:
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 you should know if Enugu state produced rice. . The then governor would have wanted press to cover it...
Re: Nigerian Stock Exchange Market Pick Alerts by SohSoh: 9:59am On Aug 08, 2025
Personal attack again .. i go block your account Son of Elyon Ret Reply here ... that one na follow up...
#InvestorWeyNoDeyRead

SohSoh:
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.... grin grin grin grin

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
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