₦airaland Forum

Agbalowomeri:
Geofluid dey learn work

emmanuelewumi:
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

emmaodet:
Hello bro, i am unable to post the link here.

I was banned doing that for 30 mins

emmanuelewumi:
Sorry, I have sent it to Mercy through email

PETERiCHY:
We've DISPOSED one of our JUNK STOCK (OANDO) @t circa #54 and recovered our SPECULATIVE FUND.

Patiently WAITING to REPURCHASE at Circa #40 else GoodBye JANET

BARGAIN HUNTERS TAKE NOTE!

emmanuelewumi:
Sorry, I have sent it to Mercy through email

PuristForest:
Remember to buy back because that 40 will come like a thief....

yMcy56:
Sir, thanks for posting this report.
Though not very legible but I can say the lines I was able to read are pointers to a great company to be birthed in Agricultural sector .

More lights shed on the activities of this company, how robust the company is as well as highlighting the potentials and future prospects of ELLAHLAKES.

Renewed interest is expected in ELLAH because the analysis points to the fact that they're really at the investing stages, in which funds are being injected and still being injecting.

On the financials aspect, I think what was arrived at is expected....when establishing a company for instance, funds keeps entering and immediate gains/profits or revenues are not always expected or the first target.

Meristem might have worked with what was on ground but did they factor-in other near future developments and expected turnarounds? Or did I miss anything?

Like I said, I've not read everything on the analysis. A link to download will be appreciated.

I hope Street investor is able to read this analysis with an open mind.

olig:
"Investing stage"
That is what some people failed to realise. It is abnormal expecting Ella to be at the same level with Okomu or presco. It is good that meristem did not say the Ella farm is not in existence as many are insinuating. Palm farming is a long term business. Fine, you might have started producing something as from five years (maybe three nowadays), the fruit and output will still be very small at this stage. Some fruit will practically be the size of a fist. It takes many more years before you really start to make the money. Okomu and the likes are maybe as old I am, and they buy existing farms and trun it around. This is not the same as planting afresh, which I belive is what Ella is doing most. I believe Ella will perform excellently in the nearest future. "Except, Nigeria." Is like comparing O and O and Seplat also. O and O too is going places. Even without PBAT. "Except, Nigeria."

I wish I had money to do what I wanted to do and still retain my small holdings. Same with WEMA which some don't believe in that time.

ogoo4real:
Access 52m+ already traded. Hmmm 🤔🤔🤔

emmaodet:
Yes, i noticed it now.
Better because a revenue of 4b in 2029 looks very very small compared to my valuation and expectations on the stock.

olig:
"Investing stage"
That is what some people failed to realise. It is abnormal expecting Ella to be at the same level with Okomu or presco. It is good that meristem did not say the Ella farm is not in existence as many are insinuating. Palm farming is a long term business. Fine, you might have started producing something as from five years (maybe three nowadays), the fruit and output will still be very small at this stage. Some fruit will practically be the size of a fist. It takes many more years before you really start to make the money. Okomu and the likes are maybe as old I am, and they buy existing farms and trun it around. This is not the same as planting afresh, which I belive is what Ella is doing most. I believe Ella will perform excellently in the nearest future. "Except, Nigeria." Is like comparing O and O and Seplat also. O and O too is going places. Even without PBAT. "Except, Nigeria."

I wish I had money to do what I wanted to do and still retain my small holdings. Same with WEMA which some don't believe in that time.

yMcy56:
I could read someone even said they planted since 2020, why aren't they producing now...

My thought is: how many years does it take a palm tree to start producing fruits?
If you can get the idea of this, then you wouldn't even be making reckless or careless post or asking questions out of ignorance.

These guys planted from scratch and it takes a typical palm tree 6-8 years to grow (according to findings), yet someone was expecting huge revenue from trees yet to even mature.

One of the plans is to acquire an existing farm which can fast tract things, yet some wouldn't stop have issues over a sector they knew next to nothing about.

megawealth01:
FIRST BANK

Streetinvestor2:
Abeg the palm fruits seedlings people use this days begin to produce in 3 yrs 6 months. Then u begin to see good and enough fruits in 4 -t yrs.It is the local species u see producing in 7 yrs and above. I don't have the in commercial qualities but we have them planted in the village. It is same with agric coconuts

olig:
"Investing stage"
That is what some people failed to realise. It is abnormal expecting Ella to be at the same level with Okomu or presco. It is good that meristem did not say the Ella farm is not in existence as many are insinuating. Palm farming is a long term business. Fine, you might have started producing something as from five years (maybe three nowadays), the fruit and output will still be very small at this stage. Some fruit will practically be the size of a fist. It takes many more years before you really start to make the money. Okomu and the likes are maybe as old I am, and they buy existing farms and trun it around. This is not the same as planting afresh, which I belive is what Ella is doing most. I believe Ella will perform excellently in the nearest future. "Except, Nigeria." Is like comparing O and O and Seplat also. O and O too is going places. Even without PBAT. "Except, Nigeria."

I wish I had money to do what I wanted to do and still retain my small holdings. Same with WEMA which some don't believe in that time.

Streetinvestor2:
Abeg the palm fruits seedlings people use this days begin to produce in 3 yrs 6 months. Then u begin to see good and enough fruits in 4 -5 yrs.It is the local species u see producing in 7 yrs and above. I don't have the in commercial qualities but we have them planted in the village. It is same with agric coconuts

yMcy56:
4-5yrs for the Agric ones.

As per Street that you be, I expect that you would have personally visit the farm to see things yourself, not relying on hearsay......
That the way to establish facts about a particular ambiguous or bothering issues......because it seems this Ellah issue is bothering you so much but Xhuka no come even get anyone's time.
Na why we dey take time to reply you sometimes.

Mpeace:
Wow so you are into oil palm plantation. I have a small piece of land I want to use for same but pple just dey discourage me up to the low returns compared to the huge cost of setting it up.

The one you said produces with 3-4yrs should be the Tenera variety.
But I hear say wayo dey oil business. You may buy them thinking it's the NIFOR Tenera variety only for the thing to stay 6yrs before fruiting.

But the real NIFOR Tenera with good spacing and fertilizer should start fruiting in 3yrs