₦airaland Forum

mikeapollo:
Oando will surely pay for our patience.. It is a must

We are playing the games 😁

mikeapollo:
It is well. Kirikiri go overfull.

😁😁😁😁

zendi:
This means he quits as Access CEO ?

This guy talked smart to my ears.

A falling-out with Aig?

He only resigned from the board of the holdco to comply with CBN regulation of maximum of 9 board members for holdcos.

He still remains as MD/CEO of the bank.

otomatic:
He only resigned from the board of the holdco to comply with CBN regulation of maximum of 9 board members for holdcos.

He still remains as MD/CEO of the bank.

thank you v much.

zendi:
This means he quits as Access CEO ?

This guy talked smart to my ears.

A falling-out with Aig?

He did not quit as CEO. He is still the MD/CEO.
He only left the board of directors in compliance with the new CBN directive on membership of the board.

emmaodet:
Based on Ellah Lakes releases company's note, we should be expecting tangible PAT of 1.2b around 2028, that is more than 3 years from now.

Revenue of 4b with a PAT of around 1.5b in 2029 is very very abysmal compared to the massive share dilution going on.
With expected final OS of about 5b and 2029 PAT of 1.5b, the is a forecasted EPS of 30k with implied price of #3 using 10x PE.
This is not impressive at all and it seems the current price is highly over-valued.
Moreover, what kind of palm fruit did they plant since 2020 that will just be generating sales by 2028?

I am not impressed with the company's management at all

If this forecast is from meristem and not kpakus. The shellholders suppose go protest for thr office.
This table is saying by 2029 kpakus will be having eps of 30kobo plus. And that is when the likely hood of dividend of maybe 10 kobo.
Then is by 2029 they can generate revenue of 4 billion plus even with the mill.
Meristem u are about to see direct attacks
Make nobody vex with me.Is not me that shared the information. I don't have a single unit.
Abeg make una no vex,was brokers from meristem not among the guys in the current picture. Abi the ceo didn't settle them well.
Who gave the approval for this forecast

mikeapollo:
Oando will surely pay for our patience.. It is a must

Keep your eyes prayerfully on crude oil.

Brent should absolutely not drop below $60, because Nigeria's cost of production is said to be above $40.

Agbalowomeri:
Oando rally na view once

Mark zucker must hear this

emmaodet:
Based on Ellah Lakes releases company's note, we should be expecting tangible PAT of 1.2b around 2028, that is more than 3 years from now.

Revenue of 4b with a PAT of around 1.5b in 2029 is very very abysmal compared to the massive share dilution going on.
With expected final OS of about 5b and 2029 PAT of 1.5b, the is a forecasted EPS of 30k with implied price of #3 using 10x PE.
This is not impressive at all and it seems the current price is highly over-valued.
Moreover, what kind of palm fruit did they plant since 2020 that will just be generating sales by 2028?

I am not impressed with the company's management at all

I suppose this is from meristem research team and not Ellah lakes forecast.
Be guided in your decisions.

Streetinvestor2:
If this forecast is from meristem and not kpakus. The shellholders suppose go protest for thr office.
This table is saying by 2029 kpakus will be having eps of 30kobo plus. And that is when the likely hood of dividend of maybe 10 kobo.
Then is by 2029 they can generate revenue of 4 billion plus even with the mill.
Meristem u are about to see direct attacks
Make nobody vex with me.Is not me that shared the information. I don't have a single unit.
Abeg make una no vex,was brokers from meristem not among the guys in the current picture. Abi the ceo didn't settle them well.
Who gave the approval for this forecast

I am not in Ellah anymore but I doubt the projection of 1.2billion in Profit after tax, or 4billion Revenue.

N250billion is not moi moi. If they buy a farm that expensive by year end, such plantation should yield way over that sum in revenue and profit after tax.

If N250billion cannot give up to 25billion in revenue then they better invest the money in Bonds and make over 40billion per year.

Streetinvestor2:
Lol
I am waiting for full yr result
Is the forecast from ellahlakes or meristem forecast.
Make I go check something. I will be back.
I hope it is not fake or photo shop

it's not fake.
But it's also not from Ellahlakes.
So your doubt is confirmed. it's from Meristem forecast.
Food never done.
Na appetizer be this
Sometimes, appetizer no dey sweet pass main food

Mpeace:
I am not in Ellah anymore but I doubt the projection of 1.2billion in Profit after tax, or 4billion Revenue.

N250billion is not moi moi. If they buy a farm that expensive by year end, such plantation should yield way over that sum in revenue and profit after tax.

If N250billion cannot give up to 25billion in revenue then they better invest the money in Bonds and make over 40billion per year.

Bro leave the story of 250 billion. Na who wan give them the money.
That guyman just went to get approval for infinity raising of fund so that he won't ever come to get another approval.
All he will be doing is to be raising small small money over yrs and be looting .He just went to collect open cheque that has maximum limit of 250 billion from shellholders.
If they call for PO will u buy at #10 or more
Or u think foreign investors are not wise with thr money
Even bank of agriculture will not give him such money Haven't u seen PO and RI failing of recent. I refused to pick up my IB rights and almost all minority shareholders. The parents company decided to take up about 85% and other major share holders

chimex38:
it's not fake.
But it's also not from Ellahlakes.
So your doubt is confirmed. it's from Meristem forecast.
Food never done.
Na appetizer be this
Sometimes, appetizer no dey sweet pass main food

I honestly believed some people here are so bitter to the extent that they honestly want others to fail in their investments, people you don't know, you have never seen. Chai.
Even without verification and confirmation that the said forecast was from the company.

Even though the forecast was by meristem based on the information available without capturing the recent developments in the company operations which anyone can do, the company just installed a refinery, do you expect the same trend of revenue with the now available refinery?
They couldn't even established how the proposed capital will be raised.

The guy nearly throw party thinking people will loose money...chai..

Omo, this thing weak me...

Mpeace:
I am not in Ellah anymore but I doubt the projection of 1.2billion in Profit after tax, or 4billion Revenue.

N250billion is not moi moi. If they buy a farm that expensive by year end, such plantation should yield way over that sum in revenue and profit after tax.

If N250billion cannot give up to 25billion in revenue then they better invest the money in Bonds and make over 40billion per year.

Using their figure of N1m to cultivate 1 hectare then a N250b plantain will be 250,000 hectares.

I'm curious as to what the total palm average in Nigeria is?

AI says total cultivated hectares in Nigeria ranges from 200k to 360k.

Make una continue

Mpeace:
I am not in Ellah anymore but I doubt the projection of 1.2billion in Profit after tax, or 4billion Revenue.

N250billion is not moi moi. If they buy a farm that expensive by year end, such plantation should yield way over that sum in revenue and profit after tax.

If N250billion cannot give up to 25billion in revenue then they better invest the money in Bonds and make over 40billion per year.

See view, logical...
I wondered how people think as if na mumu be the management of a listed company, even if management want to corner something, it can't be this way.

See someone who is not the management self just in few minutes, he comes up with alternative investments and returns.

In whatever you do, don't honestly wished people bad oooooooo.

Its against humanity to wished people bad just because you want to Score unnecessary points. I wondered the kind of human being that street guy will be in reality.


When you are not a boy...man pls be mature and stop wishing people bad just because you want to say I told you. Haba....

This guy fit kill person or do someone strong thing because of small misunderstanding.

nosa2:
Using their figure of N1m to cultivate 1 hectare then a N250b plantain will be 250,000 hectares.

I'm curious as to what the total palm average in Nigeria is?

AI says total cultivated hectares in Nigeria ranges from 200k to 360k.

Make una continue

I dey laugh in French. Who dash them 250 billion. The meristem who did forecast used what they are sure on ground and not a bird in the bush.
Is not like I am surprised at the forecast. I have done the reach before using 3 tonnes Mills running at full capacity with discounts of 20 % error and u will be within the 4 billion bracket.
I don't talk without my own research. I am sure the 2029 forecast is based on them having the FFB to themselves. The ceo said they cannot run at full capacity yet with thr own FFB they will be doing outside FFB.
One person will be here and be talking balablu
So because they have a mill they can generate infinite amount as revenue. U think u are talking to people who are waiting to like ur comment only.

Audio research, show us make we check something.

Bad person with bad mind..

Your friend n family they try ooooo..


You don't do forcast for oando finish..

zendi:
Keep your eyes prayerfully on crude oil.

Brent should absolutely not drop below $60, because Nigeria's cost of production is said to be above $40.

.
Okay ooo. Let's wait and see
We are almost in Winter when demand for oil increases.

Bovis:
You have the habit of derailing this thread, I understand you don’t like the president and his policies - wait till 2027 and vote him out but your constant wailings and lamentations on this forum is becoming irritating

Well informed people are aware that many economic reforms comes with unintended consequences and these issues have been over flogged on this forum. Therefore, pls redirect your political discourse to the politics section where I will personally school you on market liberalisation

Anyone noticed the drama in Cutix today, went from full bid to full offer within seconds and closed around N3.50. I think something is brewing here

Major irony this one. sometimes people lecture without knowing who they are talking to.

No tree without the roots

yMcy56:
LINKASSURE closed @2.70 (lowest 2.45)
SUNU closed @6.35 (lowest 5.99)
GUINEAINS closed @1.62 (lowest 1.51)

They closed higher than today's lowest prices ...

* Movements in each of the stocks will give us a pointer on which ones have very active MMs.

* Bargain hunters take note, keep track of movement

Please, has the Bonus Shares of Linkassure be credited to their Shareholders Portfolios?

pluto09:
I don't know the state you are based because I know that in my state business men are already paying taxes. So most of the things in the new tax law are not new. It rather simplifies and makes tax issues less ambiguous.
You will be better off by taking your time to read the new tax law and understand the ones that affect you as a business man.
There are many legal ways to reduce your tax obligations.

Business men don't pay the actual tax they are supposed to pay.

If I tell you what I pay as tax?

pluto09:
So how do my state generate her IGR if there are no tax payer here

Land use charge, levies in business premises, daily levies in market women, vehicle license, PAYE from workers etc

Streetinvestor2:
Pls what is in that tax calculator that many business men in ur state can imput beside rent.I don't pay rent and not on loan. The only thing I see I can imput in that calculator is gross earnings.

In Lagos if you are a small business owner, your employees will pay tax every month. At the end of the year they will have to get an update of the tax paid by your small business and also ask for the tax clearance of the business owner.

Based on the turnover of the business, nature of the business, location of the business and the information filled in the form sent to the business owner.

They will arrive at what you should pay for year based on their own Best of Judgement.

emmaodet:
Based on Ellah Lakes releases company's note, we should be expecting tangible PAT of 1.2b around 2028, that is more than 3 years from now.

Revenue of 4b with a PAT of around 1.5b in 2029 is very very abysmal compared to the massive share dilution going on.
With expected final OS of about 5b and 2029 PAT of 1.5b, the is a forecasted EPS of 30k with implied price of #3 using 10x PE.
This is not impressive at all and it seems the current price is highly over-valued.
Moreover, what kind of palm fruit did they plant since 2020 that will just be generating sales by 2028?

I am not impressed with the company's management at all

Based on their outstanding shares that will be EPS of about 30k in 2029.

Can you now understand why I said it should not sell at it book value per share price of N6 but below it

Mpeace:
I am not in Ellah anymore but I doubt the projection of 1.2billion in Profit after tax, or 4billion Revenue.

N250billion is not moi moi. If they buy a farm that expensive by year end, such plantation should yield way over that sum in revenue and profit after tax.

If N250billion cannot give up to 25billion in revenue then they better invest the money in Bonds and make over 40billion per year.

Let them get the N250 billion first. When they get the N250 billion, the forecast will be reviewed based on the new outstanding shares that will now rise to about 16 billion shares or more.

Just remember that their current shareholders fund of about N25 billion is giving them less than N500 million in revenue

emmaodet:
Based on Ellah Lakes releases company's note, we should be expecting tangible PAT of 1.2b around 2028, that is more than 3 years from now.

Revenue of 4b with a PAT of around 1.5b in 2029 is very very abysmal compared to the massive share dilution going on.
With expected final OS of about 5b and 2029 PAT of 1.5b, the is a forecasted EPS of 30k with implied price of #3 using 10x PE.
This is not impressive at all and it seems the current price is highly over-valued.
Moreover, what kind of palm fruit did they plant since 2020 that will just be generating sales by 2028?

I am not impressed with the company's management at all

The forecast is not from Ellah Lakes but from Meristem Research. They have analysts that research different sectors of the economy.

The essence of this research is to guide investors about their expectations.

Up till now the management of Ellah Lakes have not been able to give us their forecast for the next 5 years

Another update from the Meristem Research team by their analysts who specialize in the agricultural sector of the Nigerian economy

For the benefits of those of us who have not read the analysts report