₦airaland Forum

Agbalowomeri:
NGX can do anything it likes
Me I no dey enter till close to elections, from November 2026. Make I dey chop my fixed deposit for now

Fixed deposit I don chop 23% since and clean mouth you dey make mouth now for 15-17%

We go again tomorrow.Action moment in sight.

https://businessday.ng/business-economy/article/nigerian-investors-get-full-cgt-relief-on-reinvested-shares/

Hot yam get way to eat it.
CGT wey we don dey nail for cross

crownprince2017:
Copied boss, updates requested, update dropped.

We feast next year as per boss.

Fixed deposit na small money he dey give oooo..

Plus safe capital
Imagine that my annual interest is my total capital 5 years ago

Agbalowomeri:
Plus safe capital
Imagine that my annual interest is my total capital 5 years ago

Risk-averse investor.
Always preserving capital.
Investing in low risk equities and fixed Income instruments.

Always in fear.
Always seeing bears

You must be old man joor

bastardson:
I wrote this a few days ago and everyone laughed. You can’t tell me that there are no changes in over 2 weeks.. no increase or decrease. Sent a message to Morgan Capital today and didn’t get a response all through the day

I don finally see Wetin I dey find.

It went down further today..

Thanks for your attention to this matter

emmanuelewumi:
Presco right offer closed yesterday.

I just completed payments for mine today and then submitted the filled right documents.

I don't think the promoters have extended the duration of the right offer

Any expo on the progress of Ellah PO ?

I enquired from Google, out of curiosity as to their possibility of achieving the target amount, and was updated thro the AI as follows :

"The Ellah Lakes public offer for N235 billion is still open, as it closes on December 5, 2025, so the target amount has not yet been achieved. The offer is intended to fund the acquisition of Agro-Allied Resources & Processing Nigeria Ltd (ARPN) and has seen positive market momentum, with the company's share price climbing since the offer opened on November 10, 2025.
Target amount: N235 billion
Number of shares: 18.8 billion
Offer price: N12.50 per share
Opening date: November 10, 2025
Closing date: December 5, 2025
Purpose: To acquire Agro-Allied Resources & Processing Nigeria Ltd (ARPN) and upgrade processing facilities to accelerate growth and integrate the acquired assets..........."

Plz do you think they will be able to raise this money ?

Locotrader:
Risk-averse investor.
Always preserving capital.
Investing in low risk equities and fixed Income instruments.

Always in fear.
Always seeing bears

You must be old man joor

Before nko
I be old man. I no fit run when trumpet sounds

zendi:
Any expo on the progress of Ellah PO ?

I enquired from Google, out of curiosity as to their possibility of achieving the target amount, and was updated thro the AI as follows :

"The Ellah Lakes public offer for N235 billion is still open, as it closes on December 5, 2025, so the target amount has not yet been achieved. The offer is intended to fund the acquisition of Agro-Allied Resources & Processing Nigeria Ltd (ARPN) and has seen positive market momentum, with the company's share price climbing since the offer opened on November 10, 2025.
Target amount: N235 billion
Number of shares: 18.8 billion
Offer price: N12.50 per share
Opening date: November 10, 2025
Closing date: December 5, 2025
Purpose: To acquire Agro-Allied Resources & Processing Nigeria Ltd (ARPN) and upgrade processing facilities to accelerate growth and integrate the acquired assets..........."

Plz do you think they will be able to raise this money ?

It is too early to conclude the offer should officially end on Friday 5th December 2025

Agbalowomeri:
Before nko
I be old man. I no fit rise when trumpet sounds

You see am
But the scripture says the dead in Christ shall rise first together with the living to meet Christ in the air.

So you no fit rise aby?

Locotrader:
You see am
But the scripture says the dead in Christ shall rise first together with the living to meet Christ in the air.

So you no fit rise aby?

Well done, I clap for you
You gimme my own nemesis

zendi:
Any expo on the progress of Ellah PO ?

I enquired from Google, out of curiosity as to their possibility of achieving the target amount, and was updated thro the AI as follows :

"The Ellah Lakes public offer for N235 billion is still open, as it closes on December 5, 2025, so the target amount has not yet been achieved. The offer is intended to fund the acquisition of Agro-Allied Resources & Processing Nigeria Ltd (ARPN) and has seen positive market momentum, with the company's share price climbing since the offer opened on November 10, 2025.
Target amount: N235 billion
Number of shares: 18.8 billion
Offer price: N12.50 per share
Opening date: November 10, 2025
Closing date: December 5, 2025
Purpose: To acquire Agro-Allied Resources & Processing Nigeria Ltd (ARPN) and upgrade processing facilities to accelerate growth and integrate the acquired assets..........."

Plz do you think they will be able to raise this money ?

LWKD.Ask all thr marketers and scam alert. None of then bought a single unit from the PO.So na whose money they want to loot.Why didn't the management add RI as part of the fund raising. It simply means the management are not ready to even put thr own money. That is red flag .And how many of the PO did u pick as a person. Na who money good to enter one chance. The scam alert who did everything here sold without letting anyone know..lol.He turned around and said the management is only interested in SP manipulation but not turning the company to presco again as he claimed it will be in future

zendi:
Any expo on the progress of Ellah PO ?

I enquired from Google, out of curiosity as to their possibility of achieving the target amount, and was updated thro the AI as follows :

"The Ellah Lakes public offer for N235 billion is still open, as it closes on December 5, 2025, so the target amount has not yet been achieved. The offer is intended to fund the acquisition of Agro-Allied Resources & Processing Nigeria Ltd (ARPN) and has seen positive market momentum, with the company's share price climbing since the offer opened on November 10, 2025.
Target amount: N235 billion
Number of shares: 18.8 billion
Offer price: N12.50 per share
Opening date: November 10, 2025
Closing date: December 5, 2025
Purpose: To acquire Agro-Allied Resources & Processing Nigeria Ltd (ARPN) and upgrade processing facilities to accelerate growth and integrate the acquired assets..........."

Plz do you think they will be able to raise this money ?

Google said nada.. target not achieved because offer still open? Radarada. Conclusion may be right but premise certainly isn't..

Locotrader:
Fixed deposit I don chop 23% since and clean mouth you dey make mouth now for 15-17%

You do realize we are not competing against each other right?

Locotrader:
Risk-averse investor.
Always preserving capital.
Investing in low risk equities and fixed Income instruments.

Always in fear.
Always seeing bears

You must be old man joor

I was just about to say you must be young

Agbalowomeri:
Before nko
I be old man. I no fit run when trumpet sounds

These young people dey use old age as insult

Streetinvestor2:
LWKD.Ask all thr marketers and scam alert. None of then bought a single unit from the PO.So na whose money they want to loot.Why didn't the management add RI as part of the fund raising. It simply means the management are not ready to even put thr own money. That is red flag .And how many of the PO did u pick as a person. Na who money good to enter one chance. The scam alert who did everything here sold without letting anyone know..lol.He turned around and said the management is only interested in SP manipulation but not turning the company to presco again as he claimed it will be in future

I wont go as far as saying scam sha, but I am not tempted by the offer

https://open.spotify.com/episode/0U0pDHHF2zdftk5jowRbsq

A summary of today's trading session on the NGX.

Streetinvestor2:
LWKD.Ask all thr marketers and scam alert. None of then bought a single unit from the PO.So na whose money they want to loot.Why didn't the management add RI as part of the fund raising. It simply means the management are not ready to even put thr own money. That is red flag .And how many of the PO did u pick as a person. Na who money good to enter one chance. The scam alert who did everything here sold without letting anyone know..lol.He turned around and said the management is only interested in SP manipulation but not turning the company to presco again as he claimed it will be in future

The success of that game-changing money-raise will, among other things,

1. lift Ellah out of the Kpakus status.

2. translate Ellah into an agro-dollar machine, and

3. silence you finally, even for your own rest, from Ellah badmouthing..



N/B,

4. likely move the floor price above 20.

emmanuelewumi:
People buying the right are not usually retail investors


If you need 20 million units on floor, currently valued at N28 billion. If a big investor tries to buy that quantity on the floor, he might end up pushing the price to N1700 on the floor.

I think the current happenings in the market whereby right offers are more expensive that the market price is deliberate

Yes. That's when it makes absolute sense. @AwesomeJ mentioned it earlier.

It is a huge one. But i am really hoping they do because if they do, there wont be any stopping ellah o with that kind of capital. And they be competing very well with presco and okomu. My only concern will be the outstanding shares. Well this may not matter so much if the results starts showing. They already have the publicity. Once i confirm they achieved the capital raise i will take partial long term position until the results become good then i scale up.

zendi:
Any expo on the progress of Ellah PO ?

I enquired from Google, out of curiosity as to their possibility of achieving the target amount, and was updated thro the AI as follows :

"The Ellah Lakes public offer for N235 billion is still open, as it closes on December 5, 2025, so the target amount has not yet been achieved. The offer is intended to fund the acquisition of Agro-Allied Resources & Processing Nigeria Ltd (ARPN) and has seen positive market momentum, with the company's share price climbing since the offer opened on November 10, 2025.
Target amount: N235 billion
Number of shares: 18.8 billion
Offer price: N12.50 per share
Opening date: November 10, 2025
Closing date: December 5, 2025
Purpose: To acquire Agro-Allied Resources & Processing Nigeria Ltd (ARPN) and upgrade processing facilities to accelerate growth and integrate the acquired assets..........."

Plz do you think they will be able to raise this money ?

https://www.youtube.com/watch?v=Sltssy2vlok

A summary of today's trading session on the NGX

zendi:
The success of that game-changing money-raise will, among other things,

1. lift Ellah out of the Kpakus status.

2. translate Ellah into an agro-dollar machine, and

3. silence you finally, even for your own rest, from Ellah badmouthing..



N/B,

4. likely move the floor price above 20.

Why not put your money whr ur mouth dey.Sell all u have and even borrow to pick up plenty of the PO in solidarity. You want who exactly to put thr money. You saw Emma buying into presco RI when he could even get it cheaper on the floor. After una make noise you can't show support. U think u dey wise

Stockhunter:
It is a huge one. But i am really hoping they do because if they do, there wont be any stopping ellah o with that kind of capital. And they be competing very well with presco and okomu. My only concern will be the outstanding shares. Well this may not matter so much if the results starts showing. They already have the publicity. Once i confirm they achieved the capital raise i will take partial long term position until the results become good then i scale up.

They will be completing with presco and okumu in what exactly. I guess in having palm trees but not as a business entity..lol
If the management of kpakus had 100 million dollars. Many of them would have left this disgraced nation with that kind tie and office I saw.Let the manipulation still going on because of the PO be deceiving una well
When is over u go see the spead lane to bottom on the price. The management still dey play games using all those stock brokers that went for paparazzi. Is the palm oil from the mill still going for quality check in musk lab before it can hit the market.

Loco vs Agba,

I can never get enough!!

Meanwhile, some people in one part of this country pronounce assume as asshume, while in another part, some pronounce shoe as sue. Why don't they just marry each other and balance out?

You rrally believe ellah will somehow compete with Presco as a business entity? I find the conversations here about the company quite hilarious, and i don’t think they have been faithful in the little things…so j wonder how they’ll go from being nearly insolvent to managing a 250bn business in one fell swoop. I am curious sha, though i would never buy such a stock.

Stockhunter:
It is a huge one. But i am really hoping they do because if they do, there wont be any stopping ellah o with that kind of capital. And they be competing very well with presco and okomu. My only concern will be the outstanding shares. Well this may not matter so much if the results starts showing. They already have the publicity. Once i confirm they achieved the capital raise i will take partial long term position until the results become good then i scale up.

Here's a business on track to do #150 EPS next year, some people are still waiting for when it will crash to #300.

Continue.

Stocks aren't crypto o.
Add that to your context.

If earnings keep rising and you expect valuations to fall drastically, that wait might be in perpetuity, especially for a market that is trading below 10x earnings multiple.

My NCR Nigeria Plc Journey: How N171,564 Invested in 2021 Turned into N3,635,000 by 2025
(A 2,020% return that crushed inflation, real estate, naira devaluation, and every hedge fund in sight)

It wasn’t luck.
It was discipline, patience, and the quiet power of time in the market.

In February 2021, I bought 50,000 units of NCR Nigeria Plc at N3.43 per share — a total of N171,564.
At the time, it was the very definition of a “boring” stock: low price, almost zero daily volume, and four straight years of depressing financial reports. Most investors wouldn’t touch it with a ten-foot pole.

I loved it for exactly those reasons.

I didn’t buy a piece of paper to flip in six months. I bought part ownership in a 130-year-old technology institution that installed the first ATM in Nigeria, services banks, oil companies, and retailers nationwide, and has a footprint no newcomer can replicate overnight. I tactically forgot about the stock and went on with my life.

While others panicked over every negative headline, every delayed result, every illiquid trading day, I slept soundly as a proud part-owner of a real business. Liquidity? I never needed it — because I never planned to sell.

Some members of the old forum mocked the stock’s illiquidity. I smiled.
Life has taught me a hard truth: the smartest investors — the ones with complex models, Bloomberg terminals, and Harvard MBAs — are often the dumbest in the room when it comes to long-term wealth creation. Their trusted formulas blind them. They believe they can predict the future. They scream “bear market” at the first 5% dip and create panic for traders and gamblers.

There is no crystal ball.
There is only a simple, boring, almost childishly stubborn strategy that guarantees success:
Buy a wonderful business at a fair price (or better), do nothing, and let compounding do the heavy lifting.

That is the gospel I kept preaching on the forum — until the rather unkind, herbalist-looking moderator permanently banned me in August 2025. (Yes, this actually happened.)

Fast-forward to today.

The “illiquid trash” of yesterday is now the hottest stock on the NGX.
From N3.43 in 2021 to N72.70 as I write this — a 2,020% return.
Over 70 million units have traded between March and November 2025 alone. The forgotten stock is on track to become the best-performing stock of 2025.

What a turnaround story for a once-rejected stone that is now the chief cornerstone.

With only 108 million shares in issue, a conservative N50 billion market cap (less than $30 million at current rates) is well within reach — that’s another 6–7x from here.
Bonus issues are being whispered about. Dividends? They’re no longer a distant dream.

My original 50,000 units have become my voting right in a company on the verge of joining the big leagues.

I have only two people to thank:
God, for grace, and the late, great Charlie Munger — may his soul rest in perfect peace — who drilled this truth into my head:
“Buy a wonderful business, then have the patience to hold it forever. Never interrupt compounding unnecessarily. Time will do the rest.”

The good days of NCR are still ahead.
What we have seen so far is merely the appetizer.

May your own portfolio experience an NCR-like resurrection.
Stay boring. Stay patient. Stay disciplined.

The market will eventually reward you beyond your wildest imagination.

Mankind2024:
My NCR Nigeria Plc Journey: How N171,564 Invested in 2021 Turned into N3,635,000 by 2025
(A 2,020% return that crushed inflation, real estate, naira devaluation, and every hedge fund in sight)

It wasn’t luck.
It was discipline, patience, and the quiet power of time in the market.

In February 2021, I bought 50,000 units of NCR Nigeria Plc at N3.43 per share — a total of N171,564.
At the time, it was the very definition of a “boring” stock: low price, almost zero daily volume, and four straight years of depressing financial reports. Most investors wouldn’t touch it with a ten-foot pole.

I loved it for exactly those reasons.

I didn’t buy a piece of paper to flip in six months. I bought part ownership in a 130-year-old technology institution that installed the first ATM in Nigeria, services banks, oil companies, and retailers nationwide, and has a footprint no newcomer can replicate overnight. I tactically forgot about the stock and went on with my life.

While others panicked over every negative headline, every delayed result, every illiquid trading day, I slept soundly as a proud part-owner of a real business. Liquidity? I never needed it — because I never planned to sell.

Some members of the old forum mocked the stock’s illiquidity. I smiled.
Life has taught me a hard truth: the smartest investors — the ones with complex models, Bloomberg terminals, and Harvard MBAs — are often the dumbest in the room when it comes to long-term wealth creation. Their trusted formulas blind them. They believe they can predict the future. They scream “bear market” at the first 5% dip and create panic for traders and gamblers.

There is no crystal ball.
There is only a simple, boring, almost childishly stubborn strategy that guarantees success:
Buy a wonderful business at a fair price (or better), do nothing, and let compounding do the heavy lifting.

That is the gospel I kept preaching on the forum — until the rather unkind, herbalist-looking moderator permanently banned me in August 2025. (Yes, this actually happened.)

Fast-forward to today.

The “illiquid trash” of yesterday is now the hottest stock on the NGX.
From N3.43 in 2021 to N72.70 as I write this — a 2,020% return.
Over 70 million units have traded between March and November 2025 alone. The forgotten stock is on track to become the best-performing stock of 2025.

What a turnaround story for a once-rejected stone that is now the chief cornerstone.

With only 108 million shares in issue, a conservative N50 billion market cap (less than $30 million at current rates) is well within reach — that’s another 6–7x from here.
Bonus issues are being whispered about. Dividends? They’re no longer a distant dream.

My original 50,000 units have become my voting right in a company on the verge of joining the big leagues.

I have only two people to thank:
God, for grace, and the late, great Charlie Munger — may his soul rest in perfect peace — who drilled this truth into my head:
“Buy a wonderful business, then have the patience to hold it forever. Never interrupt compounding unnecessarily. Time will do the rest.”

The good days of NCR are still ahead.
What we have seen so far is merely the appetizer.

May your own portfolio experience an NCR-like resurrection.
Stay boring. Stay patient. Stay disciplined.

The market will eventually reward you beyond your wildest imagination.

Welcome back Oga Mankind.

This is so inspiring. I'm happy for you bro

Mankind2024:
My NCR Nigeria Plc Journey: How N171,564 Invested in 2021 Turned into N3,635,000 by 2025
(A 2,020% return that crushed inflation, real estate, naira devaluation, and every hedge fund in sight)

It wasn’t luck.
It was discipline, patience, and the quiet power of time in the market.

In February 2021, I bought 50,000 units of NCR Nigeria Plc at N3.43 per share — a total of N171,564.
At the time, it was the very definition of a “boring” stock: low price, almost zero daily volume, and four straight years of depressing financial reports. Most investors wouldn’t touch it with a ten-foot pole.

I loved it for exactly those reasons.

I didn’t buy a piece of paper to flip in six months. I bought part ownership in a 130-year-old technology institution that installed the first ATM in Nigeria, services banks, oil companies, and retailers nationwide, and has a footprint no newcomer can replicate overnight. I tactically forgot about the stock and went on with my life.

While others panicked over every negative headline, every delayed result, every illiquid trading day, I slept soundly as a proud part-owner of a real business. Liquidity? I never needed it — because I never planned to sell.

Some members of the old forum mocked the stock’s illiquidity. I smiled.
Life has taught me a hard truth: the smartest investors — the ones with complex models, Bloomberg terminals, and Harvard MBAs — are often the dumbest in the room when it comes to long-term wealth creation. Their trusted formulas blind them. They believe they can predict the future. They scream “bear market” at the first 5% dip and create panic for traders and gamblers.

There is no crystal ball.
There is only a simple, boring, almost childishly stubborn strategy that guarantees success:
Buy a wonderful business at a fair price (or better), do nothing, and let compounding do the heavy lifting.

That is the gospel I kept preaching on the forum — until the rather unkind, herbalist-looking moderator permanently banned me in August 2025. (Yes, this actually happened.)

Fast-forward to today.

The “illiquid trash” of yesterday is now the hottest stock on the NGX.
From N3.43 in 2021 to N72.70 as I write this — a 2,020% return.
Over 70 million units have traded between March and November 2025 alone. The forgotten stock is on track to become the best-performing stock of 2025.

What a turnaround story for a once-rejected stone that is now the chief cornerstone.

With only 108 million shares in issue, a conservative N50 billion market cap (less than $30 million at current rates) is well within reach — that’s another 6–7x from here.
Bonus issues are being whispered about. Dividends? They’re no longer a distant dream.

My original 50,000 units have become my voting right in a company on the verge of joining the big leagues.

I have only two people to thank:
God, for grace, and the late, great Charlie Munger — may his soul rest in perfect peace — who drilled this truth into my head:
“Buy a wonderful business, then have the patience to hold it forever. Never interrupt compounding unnecessarily. Time will do the rest.”

The good days of NCR are still ahead.
What we have seen so far is merely the appetizer.

May your own portfolio experience an NCR-like resurrection.
Stay boring. Stay patient. Stay disciplined.

The market will eventually reward you beyond your wildest imagination.

Mankind2024:
My NCR Nigeria Plc Journey: How N171,564 Invested in 2021 Turned into N3,635,000 by 2025
(A 2,020% return that crushed inflation, real estate, naira devaluation, and every hedge fund in sight)

It wasn’t luck.
It was discipline, patience, and the quiet power of time in the market.

In February 2021, I bought 50,000 units of NCR Nigeria Plc at N3.43 per share — a total of N171,564.
At the time, it was the very definition of a “boring” stock: low price, almost zero daily volume, and four straight years of depressing financial reports. Most investors wouldn’t touch it with a ten-foot pole.

I loved it for exactly those reasons.

I didn’t buy a piece of paper to flip in six months. I bought part ownership in a 130-year-old technology institution that installed the first ATM in Nigeria, services banks, oil companies, and retailers nationwide, and has a footprint no newcomer can replicate overnight. I tactically forgot about the stock and went on with my life.

While others panicked over every negative headline, every delayed result, every illiquid trading day, I slept soundly as a proud part-owner of a real business. Liquidity? I never needed it — because I never planned to sell.

Some members of the old forum mocked the stock’s illiquidity. I smiled.
Life has taught me a hard truth: the smartest investors — the ones with complex models, Bloomberg terminals, and Harvard MBAs — are often the dumbest in the room when it comes to long-term wealth creation. Their trusted formulas blind them. They believe they can predict the future. They scream “bear market” at the first 5% dip and create panic for traders and gamblers.

There is no crystal ball.
There is only a simple, boring, almost childishly stubborn strategy that guarantees success:
Buy a wonderful business at a fair price (or better), do nothing, and let compounding do the heavy lifting.

That is the gospel I kept preaching on the forum — until the rather unkind, herbalist-looking moderator permanently banned me in August 2025. (Yes, this actually happened.)

Fast-forward to today.

The “illiquid trash” of yesterday is now the hottest stock on the NGX.
From N3.43 in 2021 to N72.70 as I write this — a 2,020% return.
Over 70 million units have traded between March and November 2025 alone. The forgotten stock is on track to become the best-performing stock of 2025.

What a turnaround story for a once-rejected stone that is now the chief cornerstone.

With only 108 million shares in issue, a conservative N50 billion market cap (less than $30 million at current rates) is well within reach — that’s another 6–7x from here.
Bonus issues are being whispered about. Dividends? They’re no longer a distant dream.

My original 50,000 units have become my voting right in a company on the verge of joining the big leagues.

I have only two people to thank:
God, for grace, and the late, great Charlie Munger — may his soul rest in perfect peace — who drilled this truth into my head:
“Buy a wonderful business, then have the patience to hold it forever. Never interrupt compounding unnecessarily. Time will do the rest.”

The good days of NCR are still ahead.
What we have seen so far is merely the appetizer.

May your own portfolio experience an NCR-like resurrection.
Stay boring. Stay patient. Stay disciplined.

The market will eventually reward you beyond your wildest imagination.

While some people will find this inspiring. You need to paint the picture accurately.

What did you see in a company with negative shareholders funds and a failling business model that made you lock in?

Why just 170k? That doesn't show confidence? Why not a more substantial stake?

Otherwise this your experience is more of luck than patience with a sound company o.

As even those who bought at the 52 week low are on 18x gains in 1 year compared to 20x that you waited 4-5 years for.


Please give more context on what you saw and how it has now materialized, so that people can be guided.

Even if 170k was all you had in 2021, why haven't you been adding more over the past 5 years?

It doesn't seem like you really believed in the company as much as you're trying to paint.

It looks more like you were stuck for 5 years and finally got lucky.

That's just my opinion though.


Now when nosa2 was saying people shouldn't quote figures, hoe could we have corrected this narrative if we simply thought he made 2000%


Seeing that he only put in 170k helps see that it isn't likely that he believed much in the business as much as he tries to convey.