₦airaland Forum

Streetinvestor2:
I don't understand I thought it was 25% max which is 30% I am reading again

25% is max for PIT I suppose.

30% is for CGT as long as terms are met(10m gain or 150m sale value).

25% also applies instead of 30% if reinvested from NGX to Fixed income instruments.

Their own nah wah. How can we say we have freedom of association but then NUPENG is the only one statutorily authorized to unionize tanker drivers? Isn't that not forcing drivers to join NUPENG as the only option if they desire to be in a union?

emmanuelewumi:
NUPENG don dey lament say Alhaji don register a union for his Truck drivers and they won't be members of NUPENG.

This is a hard one for NUPENG.

Alhaji and his team are good chess players

emmanuelewumi:
NUPENG don dey lament say Alhaji don register a union for his Truck drivers and they won't be members of NUPENG.

This is a hard one for NUPENG.

Alhaji and his team are good chess players

Lol, the issue of monopoly conveniently disappeared in this letter. Isn’t it monopoly to claim that you are the only union recognized by the government for this purpose?

Dangote took the fight straight to their doorstep. If I were him, I’d push it even further—establish a presence in other facilities, both private and government-owned, where PENGASSAN and NUPENG currently enjoys monopoly.

Aluta Continua...

emmanuelewumi:
NUPENG don dey lament say Alhaji don register a union for his Truck drivers and they won't be members of NUPENG.

This is a hard one for NUPENG.

Alhaji and his team are good chess players

What exactly is their business with another association? They should withdraw their own service and allow others who want to work work

Odunharry:
Reserve now at $43B

The reserve has been oscillating between $35-45billion for decades

Please experts in the house. When is Chams right issue likely to be concluded and the new shares likely reflected in one's trading account? Thanks in advance

Streetinvestor2:
For those in kpakus. Why is nobody asking when they will commission the refinery.
Abi it is not happening again this yr
Palm oil price they go up in local market

You should be concerned about your Junk Oando Stock that is digging miserable holes in the pocket of their shell-holders and not Ellah lakes PLC that has so far delivered over 200% descent profits to their shareholders this year alone

Locotrader:
Royalex offers should be cleared and move into 2.50 zone on/before 10th October.

Good AGM resolutions is coming up.

Sentiment and Q3 driven

...Think it will first decline for wave C before any real move can start
x ew_nation

STNWAUME:
You should be concerned about your Junk Oando Stock that is digging miserable holes in the pocket of their shell-holders and not Ellah lakes PLC that has so far delivered 200% descent profits to their shareholders

Oando is on a path of recovery, good upside potential....

https://doclib.ngxgroup.com/Financial_NewsDocs/45090_ELLAH_LAKES_PLC.-PRESS_RELEASE_ON_ELLAH_LAKES_PLC'S_AGREEMENT_TO_ACQUIRE_ARPN._CORPORATE_ACTIONS_OCTOBER_2025.pdf

PuristForest:
...Think it will first decline for wave C before any real move can start
x ew_nation

That happened last week.
Offers will dry within next week.
Watch out for breakout

crownprince2017:
https://doclib.ngxgroup.com/Financial_NewsDocs/45090_ELLAH_LAKES_PLC.-PRESS_RELEASE_ON_ELLAH_LAKES_PLC'S_AGREEMENT_TO_ACQUIRE_ARPN._CORPORATE_ACTIONS_OCTOBER_2025.pdf

I love this.
With more acquisitions,they will be fine.
Good news

Why do I keep getting ban when I post my secret to trading?

crownprince2017:
https://doclib.ngxgroup.com/Financial_NewsDocs/45090_ELLAH_LAKES_PLC.-PRESS_RELEASE_ON_ELLAH_LAKES_PLC'S_AGREEMENT_TO_ACQUIRE_ARPN._CORPORATE_ACTIONS_OCTOBER_2025.pdf

What is the cost implication of this strategic acquisition?

When is the deadline for payments?

Get ready to take your right and take additional right.

I foresee a right offer of 10 for every 1 share currently held

crownprince2017:
https://doclib.ngxgroup.com/Financial_NewsDocs/45090_ELLAH_LAKES_PLC.-PRESS_RELEASE_ON_ELLAH_LAKES_PLC'S_AGREEMENT_TO_ACQUIRE_ARPN._CORPORATE_ACTIONS_OCTOBER_2025.pdf

E Ku Market o.
Kpakus delivering......😁

* There's a rumour of another acquisition in Delta state with about 60,000 tons processing capacity, palm kernel crushing plant of about 120k tons capacity, etc.
* Details still sketchy and unconfirmed for now.

** Like said before, if you're a long termer especially, ELLAH and OANDO should be in your portfolio.....any dip should be an opportunity to be topping up

yMcy56:
E Ku Market o.
Kpakus delivering......😁

* There's a rumour of another acquisition in Delta state with about 60,000 tons processing capacity, palm kernel crushing plant of about 120k tons capacity, etc.
* Details still sketchy and unconfirmed for now.

** Like said before, if you're a long termer especially, ELLAH and OANDO should be in your portfolio.....any dip should be an opportunity to be topping up

I thought you went to Hawaii

emmanuelewumi:
What is the cost implication of this strategic acquisition?

When is the deadline for payments?

Get ready to take your right and take additional right.

I foresee a right offer of 10 for every 1 share currently held

Is Pa Emma also among the prophets?

https://www.youtube.com/watch?v=nXieEtvcPMo

Midday trading update on the NGX so far today.

People had the opportunity to pick my PZ at #39 but una dey look am until went to FB

I dont have time for analysis paralysis joor

SpaceX:
Why do I keep getting ban when I post my secret to trading?

Hello EDUECO?

STNWAUME:
You should be concerned about your Junk Oando Stock that is digging miserable holes in the pocket of their shell-holders and not Ellah lakes PLC that has so far delivered over 200% descent profits to their shareholders this year alone

U have resurrected from the dead because of kpakus

crownprince2017:
https://doclib.ngxgroup.com/Financial_NewsDocs/45090_ELLAH_LAKES_PLC.-PRESS_RELEASE_ON_ELLAH_LAKES_PLC'S_AGREEMENT_TO_ACQUIRE_ARPN._CORPORATE_ACTIONS_OCTOBER_2025.pdf

impressive progress.
Catalyst to spur raising the buy-amount.

SonofElElyonRet:
Is Pa Emma also among the prophets?

That is the only logical way to raise N250 billion from the current shareholders

awesomeJ:
I thought you went to Hawaii

Lol.
I just dey one side dey view and observe NGX.

emmanuelewumi:
What is the cost implication of this strategic acquisition?

When is the deadline for payments?

Get ready to take your right and take additional right.

I foresee a right offer of 10 for every 1 share currently held

They must show us solidarity on kpakus. U must buy the PO or RI
I picked up all my chams right and even wanted more

ARADEL officially @670!
PZ on full bid @41.70!
ELLAH on full bid @13.47!

* N650.10 ARADEL crossed...

SonofElElyonRet:
Is Pa Emma also among the prophets?

He was the first to drop hint on the ₦250bn acquisition.

DYOR

awesomeJ:
Drink away N5m??

Calm down na.

The law has provisions that help you minimize your tax burden, you just need to explore them 😁

Where you get that figure from? Even at that it is better you blow it at clubs and bear parlour than allow the tax man steal it.

You expect them to keep quiet while some people privatize the National Cake?

emmanuelewumi:
Actually planning to buy filling stations in West African countries.

With the coming of BUA refinery, Nigeria will become a net exporter of refined petroleum products thereby earning forex for the country.

This is what government owned NNPC could not due, yet PENGASSAN does not want privatization of NNPC.

yMcy56:
E Ku Market o.
Kpakus delivering......😁

* There's a rumour of another acquisition in Delta state with about 60,000 tons processing capacity, palm kernel crushing plant of about 120k tons capacity, etc.
* Details still sketchy and unconfirmed for now.

** Like said before, if you're a long termer especially, ELLAH and OANDO should be in your portfolio.....any dip should be an opportunity to be topping up

They want to become access bank in the banking sector. At the end no value for shareholders..lol
I hope u are preparing to pay ur own CGT on your jijo

emmaodet:
Can you explain more about the debt calculation?

@emmaodet. You would notice from my previous posts, that I apply a 75% penalty on the calculations whenever the sentiments around the stock are below par despite their satisfactory eps for whatever reasons e.g poor dividend payout history, huge debts, etc to mention but two. This was actually the case for UBA before few years back, and recently Access Bank and quite a few others. These factors do affect the price dynamics via demand and supply. I must confess however sometimes sentiments hold despite these factors for some stocks as investors sometimes see potential beyond current sufferings which they are willing to endure for a greater good. The rule of thumb, is to apply the penalty, which really is to say, to be a bit more cautious in your expectations for those that we are likely to tag “ those that get as it be” for some reasons. You may wish to comb through some of my old posts for further insight. May I also add, that this strategy ( Common Sense ) overall, was a product from the ashes of the losses I incurred during and after the crash of the early 2000s, back in our stockmarketnigeria 1.0 days. I think so far it’s done pretty well but sometimes you can wait tire. But great alongside the picks of some of the gurus here and those with tremendous heart to share In-si-der information.

Like we all say. Apply your due diligence and research too. Happy trading sir.

It will definitely break the oscillatory cycle this time...

mikeapollo:
The reserve has been oscillating between $35-45billion for decades