₦airaland Forum

Agbalowomeri:
Allow people enjoy the ride o

Na here we dey

Retired but not tired stock trader.

awesomeJ:
Post what I buy for what purpose??
I make comments about the markets generally? my posts since yesterday were bullish on the market, that's all the opinion I had to share.

Fair enough

Streetinvestor2:
I new the government will definitely intervan if the red continued and that was why my target was to enter Friday with new fund.I was expecting it by Monday but didn't know it would be sooner. The market will be on green though out this week.Then side ways could happen next week but red is over.The bull will happen seriously in December. THe effects of good q3 results will enter the market soon via foreign investors too
Book mark this post

There will be a pull back before then. We might not get to yesterday lows but we will be close

Agbalowomeri:
Allow people enjoy the ride o

Na here we dey

Our team and its ''prophet'' are scoring 10% today. But you no go see that one talk!
Awon ota po ju enemy lo

emmanuelewumi:
Unfortunately the offer is not going to be underwritten.

Raising almost N250 billion will require a miracle

In other words are you in or out?

nosa2:
There will be a pull back before then. We might not get to yesterday lows but we will be close

I expect pull back next week that is why I said expect side ways trading. U see tomorrow and next na confirmed green. The government made sure the news went viral.Thr is political target for ASI to stay at 150k or above..So expect more incentives from government to achieve that purpose.
This government is predictable because of obsessive political ambition.

Streetinvestor2:
I expect pull back next week that is why I said expect side ways trading. U see tomorrow and next na confirmed green. The government made sure the news went viral.Thr is political target for ASI to stay at 150k or above..So expect more incentives from government to achieve that purpose.
This government is predictable because of obsessive political ambition.

I don't buy the CGT reason. Markets go up and down. People find reasons to explain it but rarely are those reasons right.

P.S why don't people post on ngxforum? I created the place to make it easier to research past discussions

Valthegreat:
In other words are you in or out?

I am not sure they can raise the almost N250 billion

Somebody tell me why dangote cement doesn't want to go on full bid so that I can sell.

Who is selling GTCO? Bids at 85.80 get cleared quickly and replaced by offers.

Mpeace:
Somebody tell me why dangote cement doesn't want to go on full bid so that I can sell.

Why do you want sell

Valthegreat:
In other words are you in or out?

Like seriously. U are asking this kind question about kpakus concerning oga Emma.
Are u a learner in this market. He does not touch such stocks with even long pole

emmanuelewumi:
I am not sure they can raise the almost N250 billion

Never say never

But do you agree with me that if they succeed that may mark a turn around for the business ceteris peri bus? So 'kpakus' days will become over with the acquisition.

Valthegreat:
Never say never

But do you agree with me that if they succeed that may mark a turn around for the business ceteris peri bus? So 'kpakus' days will become over with the acquisition.

I was expecting a forecast from at least 2026 to 2028 in the offer prospects, but it was not included in the prospectus

Streetinvestor2:
Like seriously. U are asking this kind question about kpakus concerning oga Emma.
Are u a learner in this market. He does not touch such stocks with even long pole

It seems you didn't read our earlier interactions on the subject matter, I know he is just pulling our legs when he said 'he will buy'

emmanuelewumi:
I am not sure they can raise the almost N250 billion

Impossibility is not in the dictionary of this market sir. 😊

The confidence with which ELLAH is going about this, and the fact that SEC approved the fund raising exercise shows there must have been some DD carried out that the company can achieve it, even if not all, at least, a larger part.

Some rumours have it that there are strategic investors on ground to pick up the offers...and that ARPN has strong footing......na hearsay oo.

We see how it goes anyway .....
Wishing ELLAH success in the fund raising program and growth expectations.

emmanuelewumi:
I was expecting a forecast from at least 2026 to 2028 in the offer prospects, but it was not included in the prospectus

So you were expecting Chuka to give you another lie when you are already holding him on his blockos for his former lies?

However, I believe ELLAHLAKES turn around is getting closer than ever.

yMcy56:
Impossibility is not in the dictionary of this market sir. 😊

The confidence with which ELLAH is going about this, and the fact that SEC approved the fund raising exercise shows there must have been some DD carried out that the company can achieve it, even if not all, at least, a larger part.

Some rumours have it that there are strategic investors on ground to pick up the offers...and that ARPN has strong footing......na hearsay oo.

We see how it goes anyway .....
Wishing ELLAH success in the fund raising program and growth expectations.

Deep down, he probably fears that Ellah Lakes’ rights issue might affect Presco’s own, but please reassure him that multiple rights issues can coexist and still be fully subscribed.

Valthegreat:
So you were expecting Chuka to give you another lie when you are already holding him on his blockos for his former lies?

However, I believe ELLAHLAKES turn around is getting closer than ever.

I sometimes wonder, you’ve made it clear that Ellah Lakes is a bad investment, yet you keep commenting on it. Just bless the so-called “unintelligent” people still holding it and focus on your own picks, lol.

yMcy56:
Impossibility is not in the dictionary of this market sir. 😊

The confidence with which ELLAH is going about this, and the fact that SEC approved the fund raising exercise shows there must have been some DD carried out that the company can achieve it, even if not all, at least, a larger part.

Some rumours have it that there are strategic investors on ground to pick up the offers...and that ARPN has strong footing......na hearsay oo.

We see how it goes anyway .....
Wishing ELLAH success in the fund raising program and growth expectations.

The so called strategic investors would have been included in the prospectus.

We are in the market to raise N250 billion out of this N100 billion worth of the offer is reserved for our strategic investors.

Lol, again?

yMcy56:
Impossibility is not in the dictionary of this market sir. 😊

The confidence with which ELLAH is going about this, and the fact that SEC approved the fund raising exercise shows there must have been some DD carried out that the company can achieve it, even if not all, at least, a larger part.

Some rumours have it that there are strategic investors on ground to pick up the offers...and that ARPN has strong footing......na hearsay oo.

We see how it goes anyway .....
Wishing ELLAH success in the fund raising program and growth expectations.

Have u ever seen a listed company approach regulator that they want to raise fund and it was denied.
Are u buying the PO so that we know u have solidarity for the company. I want to know whose money good to enter bush...lol
Strategic investmentor will not come through PO.It will be PP now...haba

emmanuelewumi:
The so called strategic investors would have been included in the prospectus.

We are in the market to raise N250 billion out of this N100 billion worth of the offer is reserved for our strategic investors.

You don't need to be a genius to know that the strategic investor is the company they are acquiring. This has been obvious to me for a long time

I would have really loved to buy the stock back but I need numbers. All this blind market waka is not for me

Zac

Itzlinda:
Why do you want sell

Many reasons
First, I don't trust the government, they will do what they want to do ie collect huge Capital gains tax.
Secondly I want to concentrate my portfolio in the Oil sector. Particularly Aradel.
Thirdly there is this juicy property that came up in my neighborhood. I need it

emmanuelewumi:
The so called strategic investors would have been included in the prospectus.

We are in the market to raise N250 billion out of this N100 billion worth of the offer is reserved for our strategic investors.

With this clause in the offer document, if the offer was oversubscribed and a retail investor who wanted to invest N20 billion was not alloted all his shares and excess fund.

The strategic investors who are included in the offer documents will get all the shares they applied for.


That was what happened during First Bank offer, I could only less than 300k worth of shares out of the roughly N3 million I applied for.

But some strategic investors got shares worth billions alloted to them

Essence of this was to maintain control.

Mpeace:
ZacMany reasons
First, I don't trust the government, they will do what they want to do ie collect huge Capital gains tax.
Secondly I want to concentrate my portfolio in the Oil sector. Particularly Aradel.
Thirdly there is this juicy property that came up in my neighborhood. I need it

Are you in my mind? So many similarities with my sentiments and intentions as well.
No wonder our monikers start with letter ''M''

Wish you best of luck.

nosa2:
You don't need to be a genius to know that the strategic investor is the company they are acquiring. This has been obvious to me for a long time

I would have really loved to buy the stock back but I need numbers. All this blind market waka is not for me

Why would the strategic investor want to go via PO instead of private placement if he sure of the fund.He would have first announced thr own to boost confidence of investing community

https://www.youtube.com/watch?v=99YAXwQfh2w

A snapshot of today's trading session so far on the NGX.

Streetinvestor2:
Why would the strategic investor want to go via PO instead of private placement if he sure of the fund.He would have first announced thr own to boost confidence of investing community

Ever thought that they could be using laundered funds?

ositadima1:
Deep down, he probably fears that Ellah Lakes’ rights issue might affect Presco’s own, but please reassure him that multiple rights issues can coexist and still be fully subscribed.

It is complete two different things
One is RI snd the other is PO.If kpakus was sure that it's existing shareholders including chuka holding larger numbers would participate. They would have included RI.That tells u chuka no ready to even buy too because he has used back door to corner enough via fake debt to equity conversion
The RI can easily scale through if not because of what the yeye government policy brought to the market

nosa2:
NYou don't need to be a genius to know that the strategic investor is the company they are acquiring. This has been obvious to me for a long time

Well said sir.
Me, I no get energy for arguments
Na wetin I hear, na im I talk..
I don talk say na hearsay, I'm not a management member to say whether it's true or not.

ositadima1:
I sometimes wonder, you’ve made it clear that Ellah Lakes is a bad investment, yet you keep commenting on it. Just bless the so-called “unintelligent” people still holding it and focus on your own picks, lol.

I never concluded that ELLAHLAKES is a bad investment, I only read that from you. But it is clear to investors already that the management are gamers of which I see their games as a way to achieve their growth goals not necessarily for fraud.
Chuka want investors to keep being upbeat about ELLAHLAKES before the company arrives at his projected destination. It is obvious he is taking steps to get there amidst his theatrics and I don't see anything stopping him. There are so many ways to the top and he is following one of them