₦airaland Forum

BabsO2:
It's easier using book value per share to estimate a fair value for ELLAH lakes which I already did at current book value earlier this week. With the way PRESCO book value jumped between 2024FY and 2025Q2 I will not be surprised to see a jump in ELLAH BVPS at the end of July. EPS will follow thereafter this is my speculative bet on ELLAH. And it seems market is supporting this bet with the way ELLAH share price is rising. Time will tell.

Why use that metrics on this sector. Use it on the banking sector and see how it is not realistic. Do for access bank with gtbank

emmanuelewumi:
I don't think so

SOP has 5 million shares and will be bought for $47 million dollars or N68 billion.

If the shares is 1 billion shares like Presco that will be at N68 per share

SOP will become profitable in 2027 when it will make an operating profit of N23 billion

Forecast for SOP

Revenue 2027. 2028. 2029
N35b. N72b. N120 b

Operating profit 2027. 2028. 2029
N23b N44b N 85b

Thanks for the insight, I will go back to the drawing board.

It's a red lettered day.

otokx:
See red everywhere

SonofElElyonRet:
For Ellah, it is okay to have pull backs and profit taking.. as long as we maintain higher lows and highs

True. price cannot be going up continuously in a straight line and this creates opportunities for savvy traders
but what is this issue with the live feed because it is no longer live feed.

KarlTom:
Two major shareholders $635m ($550m + $85m)

Honestly, OandO tried.

Most companies would rather sell that volume of shares to another investor than distribute it to shareholders...
(

Exactly!
Most people are ignorant and don't appreciate how some of the negative balances in the accounts came about.
Imagine Oando never had to refund $635m to the two shareholders! They would have needed less loans and saved billions in finance costs, and the value would have been much higher today.
I am envisaging it will hit N100 after the capital raise and N150-N200 by 2027, God granting us life.

emmanuelewumi:
Since it is not yet profitable why dont you use Price/ Sale.

Compare the revenue to market capitalization. Average Price/Sale ratio in the sector is currently 3.5

You know it has not entered maturity for price to sale now. But price to book doable at a discounted rate for risk of earnings not materializing. The discount rate to use is the call of the investor.

The bloodbath has started.

Smart investors shine your eyes!

hallysonia:
It's a red lettered day.

EDUECO:
Pi.gs and pig.lets are getting roa.sted

ogbeni, go and sit down...

crownprince2017:
I just they make you understand that I can't sell under being panic, I have developed pass that.
I sell only on my convictions.


I'm not a jijoist, I have come to stay...

Okay, you're waiting to sell at 1000 Naira! Eya o!

KarlTom:
Congratulations, If you're holding a Gucci 👜
If you're holding a nylon, you are welcome to the investors club

Apologies to KarlTom. I think I directed my previous post to him instead of you.

OANDO did not pay any shareholder to retrieve the redistributed shares. According to info, the shares were retrieved from some OANDO debtors in lieu of cash settlement of their debts to OANDO.

mikeapollo:
Exactly!
Most people are ignorant and don't appreciate how some of the negative balances in the accounts came about.
Imagine Oando never had to refund $635m to the two shareholders! They would have needed less loans and saved billions in finance costs, and the value would have been much higher today.
I am envisaging it will hit N100 after the capital raise and N150-N200 by 2027, God granting us life.

Boshins:
ogbeni, go and sit down...

Is like you like the lekos gang?

Eya!

I quoted OJT from the AGM...

Listen to the AGM from 2h1m28s:
- OandO had $930m equity
- $550m plus $85m was I quote "handed back to shareholders"
- Leaving about $350 equity

The bolded was the narrative we were fed with initially. I want to believe that the statement of the GCEO should supersede that one...

GeeKudi:
I'm not sure your assertion on the distributed shares is correct. They were retrived from company debtors, who incidentally, were also shareholders of the company in lieu of cash settlements. The shares were not paid for by OANDO.

That was how Dangsugar touched 51.35.. I say make I pick small and continue to observe movement

DANGSUGAR

Those that bought at N70 will have to wait till further.

Zegra:
DANGSUGAR

Those that bought at N70 will have to wait till further.

If they bought with PATIENT FUNDS then no qualms

Sunrisepebble I hail thee sir. 1 of your many mentees just checking in

He only probably referred to the paper value of the redistributed units.

KarlTom:
I quoted OJT from the AGM...

Listen to the AGM from 2h1m28s:
- OandO had $930m equity
- $550m plus $85m was I quote "handed back to shareholders"
- Leaving about $350 equity

The bolded was the narrative we were fed with initially. I want to believe that the statement of the GCEO should supersede that one...

If u are a maga dey need to break coconut on your head.The follow follow gang. They say jump in you jump
They say jump out you jump.
You don't even know which is truly a potential future investment.
The just have ur remote control in thr hand.
Did they tell u everything in the sector is junk or dead business lol.
I will soon be releasing betnaija odds here for many too

crownprince2017:
Thanks for the insight, I will go back to the drawing board.

SOP currently has 25,000 hectares of land
5000 hectares currently cultivated with plans to grow to 8000 hectares by December 2025.

SOP is also planning to have 2 Mills in 2026 with processing capacity of 60 Tonnes per hour

....

GeeKudi:
Apologies to KarlTom. I think I directed my previous post to him instead of you.

OANDO did not pay any shareholder to retrieve the redistributed shares. According to info, the shares were retrieved from some OANDO debtors in lieu of cash settlement of their debts to OANDO.

The fact still remains that they could have sold the shares to some institutional investors (or Oando directors) instead of redistributing same to shareholders, especially at a time when the company needed the funds badly.

Ginalex:
That was how Dangsugar touched 51.35.. I say make I pick small and continue to observe movement

You sef don graduate to full time jijo master

Streetinvestor2:
Why use that metrics on this sector. Use it on the banking sector and see how it is not realistic. Do for access bank with gtbank

I think banks a different kind of account and risks. I guess that's why accounting standards have been upped for them as well as for other companies too. Plus for the Banks central banks also do their own audit and checks on top of auditor audits. Looking at TOE and the way he executing UBA capital raising as he is heavily impacted. It should suggest that banks are currently under-priced by the NGX. Also looking at the first and 2nd GTB capital raise it is clear good banks are underpriced. For those not following closely the N44 GT capital raise last year was not fully subscribed. Yet they got a successful LSE capital raise at nearly double that price.

Agbalowomeri:
You sef don graduate to full time jijo master

🥲🥲🥲... I no dey do Jijo normally. Na only for this insurance bull I say make I test am... Normally I no Sabi pursue "hot" money like that. Na why I dey avoid Ella and Oando till the numbers make sense to me

Streetinvestor2:
If u are a maga dey need to break coconut on your head.The follow follow gang. They say jump in you jump
They say jump out you jump.
You don't even know which is truly a potential future investment.
The just have ur remote control in thr hand.
Did they tell u everything in the sector is junk or dead business lol.
I will soon be releasing betnaija odds here for many too

My Bro.,goat no dey hear word!

Phlinx:
Hmm Japaul the master of downfalls you will soon learn
Total offers 23 million to total bids of 9 million
Super Palasa!

They plan to do share reconstruction.. I however don't understand the logic in first raising capital before share reconstruction. Think it should be reconstruction before capital raise

Streetinvestor2:
Why use that metrics on this sector. Use it on the banking sector and see how it is not realistic. Do for access bank with gtbank

If used for FUGAZ the cheapest bank will sell for over N100

Ginalex:
🥲🥲🥲... I no dey do Jijo normally. Na only for this insurance bull I say make I test am... Normally I no Sabi pursue "hot" money like that. Na why I dey avoid Ella and Oando till the numbers make sense to me

ELLAH and OANDO

Two stocks that has been most bashed and abused here....

JAPAUL is the next to be heavily abused in the days ahead

Streetinvestor2:
He never said it is based on speculation.
He says his informations are facts or insider doings
......

The next is we wait for kpakus result. I can't wait to hear thr defence. I have said if kpakus makes 300 million revenue based on q3 was 68 million they even tried. The full yr result does not fall into when u see FFB any how.
I could be wrong too..The clock is ticking

Well, your estimates may or may not be far off.
We await their result & acquisition info to verify facts. It's inevitable if they want to sustain the tempo.
It's well.

megawealth01:
ELLAH and OANDO

Two stocks that has been most bashed and abused here....

JAPAUL is the next to be heavily abused in the days ahead

I no get power to dey do "overthinking" on top my stock picks to be honest . That's why I just dey maintain my lane... But I no be bad belle like EDUECO that's always restlessly bashing those stocks like his life depends on their "failure" 🌚🌚

emmanuelewumi:
If used for FUGAZ the cheapest bank will sell for over N100

Bank shareholder funds face a higher risk to erosion from ops than other stocks. But with the way MTN and DANGSUGAR SHF turned negative between quarters each business need to valued differently by analysts. I know you know but just trying to have a laugh