₦airaland Forum

SonofElElyonRet:

Time will tell.. Ellah will be hoooooge... despite the shortcomings of management.. which will be substantially remedied.. as time goes on

emmanuelewumi:
The question intelligent investors should be asking themselves is how long will it take for Ellah Lakes revenue to increase from the current N100 million per annum to over N72 billion per annum

emmanuelewumi:
Are you not the guy who wrote about the below average gross margin of Chams few months ago

I prefer a gross margin of 50% and above

nosa2:
There will be substantial revenue increase in the next 4 years. Listen to the Twitter interview

emmanuelewumi:
But I doubt if it will be up to N72 billion.

The talk of N72 billion was due to the guy who said the stock price would get to N100 and said for that to be justified Ellah must make a revenue of N72 billion, profit after tax of N36 billion and EPS of N10

unite4real:
I hope some are not viewing the N250 billion as a grant.

The massive dilution effects should be heavily considered. Then the extreme patience for both top and bottom lines to make sense

unite4real:
I hope some are not viewing the N250 billion as a grant.

The massive dilution effects should be heavily considered. Then the extreme patience for both top and bottom lines to make sense

megawealth01:
Nawaoh. Make we let ELLAH breathe

austinkenneth:
I have been waiting patiently, for weeks, for someone to point out this obvious dilution effect.

megawealth01:
Nawaoh. Make we let ELLAH breathe

emmaodet:
I agree with you.
The first red flag i notice is continuous reduction in revenue followed by dwindling margins.
Those are No..no for me.
They are early warnings e.g Tripple Gee.
If revenue is dwindling Q on Q and YoY, na to start to dey prepare my kaiya t run.
Another is CCC (cash conversion Cycle) for manufacturing / consumer / production companies.
If your payable days are increasing - struggling to pay suppliers, Inventory conversion ratio increasing - struggling to produce and fill up goods and also struggling to sell, Receivables oustanding increasing - struggling to collect your cash from customers / literarily begging customers to take and sell your goods, it is a big redflag to me.
Inventory increasing faster than revenue and earnings
Receivables increasing faster than revenue and earnings to name a few

Hamachi:
I have the LOA & Estate account already, they are asking for soft copy of where it was published on the newspaper and all share certificates

ppogba:
Thank God you made use of plural .

Indeed, they are not just on the bourse. They are right here in our eyes and noses.

Like I always say, there is nothing wrong in getting your fingers burnt. Just make sure you put the experience in your CV.

nosa2:
I'm the milder version of me. I like the potential of the company but I know THE JOURNEY IS STILL FAR.

The Twitter interview was very revealing but very few people actually heard what he said . They listened but they didn't hear

crownprince2017:
Its so interesting seeing people feeling like the gods of the market.
What will you expect from someone that sold his Ella at 4 just because he believed it will turn back and never return, saying the same thing at 19 even though he regretted for selling at 4.

I wondered how people come here to predict the market they had no control over, I know at 10 you would have told the person that bought at that price the same thing.

A company we are yet to have metrics to value can swing up the way we never imagined if the valuation is more than what the majority are imagining and do the other way round as well when the reality hit the market.

Well, many of you will still eat your words when the price go above 20 like you have done in the past.

Ella is at the point that a news could change everything, people speculating are not stupid.

Every possibility is open here and that is the reality.

handsomebolanle:
Pa Emma…
Will you mind sharing with us some of your decisions that resulted to a loss? How things didn’t go as you thought. Except we want to believe every decision you made resulted to success.

EDUECO:
Is it that you hate enlightenment?

What is wrong in investors with more than 30 years in the market sharing knowledge and wisdom to newbies like me?

nosa2:
I know a guy who bought Okomu at N11 and sold for N70. Be used the proceed to buy a house in Katampe in Abuja. House he is currently living in with his wife.

Now the guy that bought from him at N70 has also made money of he is still holding.

My point is, I don't need to get in at the bottom in order to make money from a company. You buy now, I buy later, we will all make money.

Market no dey close tomorrow. I'm comfortable buying at a higher price of I get more clarity on what I am buying.

Investing is not a team sport.

nosa2:
I'm the milder version of me. I like the potential of the company but I know THE JOURNEY IS STILL FAR.

The Twitter interview was very revealing but very few people actually heard what he said . They listened but they didn't hear

emmanuelewumi:
Presco stock price 15 years ago.

Agbalowomeri:
Una too dey cap

Na after people board plane someone will now ask another to give up seat. Tell that to those who have never boarded a flight before in their life Abi na danfo

emmanuelewumi:
But I doubt if it will be up to N72 billion.

The talk of N72 billion was due to the guy who said the stock price would get to N100 and said for that to be justified Ellah must make a revenue of N72 billion, profit after tax of N36 billion and EPS of N10

emmanuelewumi:
The question intelligent investors should be asking themselves is how long will it take for Ellah Lakes revenue to increase from the current N100 million per annum to over N72 billion per annum

austinkenneth:
Thanks.I have been waiting patiently, for weeks, for someone to point out this obvious dilution effect.

hallysonia:
This question came right in time.

Currently, all my portfolios except Jaiz are red. Even the Jaiz self has reduced in return.

I have the following (with current return at -2.0% of the total money invested):

ABCTRANS bought at 5.42 - bought because I read a positive new about the company.

ARADEL bought at 528.53 - bought because the value is close to all-time low and based on technical/fundamental analysis

DS bought at 63.62 - bought because it is increasing, but didn't sell because it still has a strong fundamental

JAIZ bank bought at 4.53 - bought because I believe the bank will do well in the future

BUA Cement bought at 178.25 - ought because it is increasing. I didnt realize it was close to all time high

TRANSCORP bought at 52.70 - bought because it has a strong fundamental.

My plan is starting with 1.2million, but I have realized that these would turn into dust if care is not taken. How I wish I had read some previous conversion before making my investment decision.

Pa Emma, I was touched by your statement about "smart people learn from expert experience and those who want to learn from personal experience will suffer the most." Not that I'm learning based on my personal experience, but I can't factor out the fact that a 3 weeks old potential investor like me should be very patient. That I have money does not mean I have to make a wary investment decision.

megawealth2, come to my aid, edakun. You once said something about POVERTY and PROUDNESS. I am not proud o.

Streetinvestor2, nosa2, EDUCO, and others. E help wa.

PS:
1. I am potential investor, not really a trader. Currently running my PhD (Maths and Stat) in graduate school, so I don't have time for daily trading.
2. I am not interested in an interest based banks, breweries industries, gambling/lotto industry as well.

Apology for my brevity in typing..
Ali

crownprince2017:
Some of us can remember how some people bombarded this place with plenty sweet words about aradel when listed on ngx, they even gave us a time line despite some people telling us about the dilution they were coming with.

What is the story today, I'm not saying the fundamentals of the company is bad but to point out the fact that nobody can time the market and also numbers are not the only thing that determines selling price of a stock.

Why would someone speak authoritatively as if they know the direction of the Market.

We were all in this market when people were running away from Julius Berger not quite long at sub 30s what is the price today.
Make una stop feeling invincible.

hallysonia:
This question came right in time.

Currently, all my portfolios except Jaiz are red. Even the Jaiz self has reduced in return.

I have the following (with current return at -2.0% of the total money invested):

ABCTRANS bought at 5.42 - bought because I read a positive new about the company. Read the intelligent investor, early years of Berkshire Hathaway letters. But honestly we all will continue to pay for errors of misjudgements.

ARADEL bought at 528.53 - bought because the value is close to all-time low and based on technical/fundamental analysis

DS bought at 63.62 - bought because it is increasing, but didn't sell because it still has a strong fundamental

JAIZ bank bought at 4.53 - bought because I believe the bank will do well in the future

BUA Cement bought at 178.25 - ought because it is increasing. I didnt realize it was close to all time high

TRANSCORP bought at 52.70 - bought because it has a strong fundamental.

My plan is starting with 1.2million, but I have realized that these would turn into dust if care is not taken. How I wish I had read some previous conversion before making my investment decision.

Pa Emma, I was touched by your statement about "smart people learn from expert experience and those who want to learn from personal experience will suffer the most." Not that I'm learning based on my personal experience, but I can't factor out the fact that a 3 weeks old potential investor like me should be very patient. That I have money does not mean I have to make a wary investment decision.

megawealth2, come to my aid, edakun. You once said something about POVERTY and PROUDNESS. I am not proud o.

Streetinvestor2, nosa2, EDUCO, and others. E help wa.

PS:
1. I am potential investor, not really a trader. Currently running my PhD (Maths and Stat) in graduate school, so I don't have time for daily trading.
2. I am not interested in an interest based banks, breweries industries, gambling/lotto industry as well.

Apology for my brevity in typing..
Ali