₦airaland Forum

emmanuelewumi:
Revenue of less than N150 million in 17 months, admin expenses of N1.2 billion. Admin expenses is higher than revenue.

Operating loss of about N1.8 billion

emmanuelewumi:
Revenue of less than N150 million in 17 months, admin expenses of N1.2 billion. Admin expenses is higher than revenue.

Operating loss of about N1.8 billion

leo1234:
Agbalowomeri, what's the fair price of ellahlakes?

leo1234:
Agbalowomeri, what's the fair price of ellahlakes?

Raider76:
50 kobo.

leo1234:
Agbalowomeri, what's the fair price of ellahlakes?

EDUECO:
That is,about ₦8 million as revenue monthly.

So,what year is revenue going to be more than the cost of doing business?

conecnd:
I am waiting for their motivational speech on twitter just as FirstholdCO chairman did.

unite4real:
You see everybody and na Agba you ask?

let's wait for agba

EDUECO:
Agba is preparing for Valentine!

Raider76:
Wetin hin go carry do valentine?

leo1234:
Agbalowomeri, what's the fair price of ellahlakes?

EDUECO:
Na red flower and Iphone 17 Pro Max na im want buy for his under 25 years babe!

KarlTom:

mikeapollo:
I dey inside another controversial stock so I no fit talk.
Let everybody dey defend im territory

emmanuelewumi:
Revenue of less than N150 million in 17 months, admin expenses of N1.2 billion. Admin expenses is higher than revenue.

Operating loss of about N1.8 billion

Raider76:
You forgot say Oando never gain 500% again.🤣

leo1234:
Agbalowomeri, what's the fair price of ellahlakes?

emmanuelewumi:
Revenue of less than N150 million in 17 months, admin expenses of N1.2 billion. Admin expenses is higher than revenue.

Operating loss of about N1.8 billion

ositadima1:
Ellah Lakes isn’t exactly failing, but it’s also not really operating at scale yet. Most of what’s on the balance sheet is still tied to development, not steady cash flow. The company is spending more cash than it’s earning, and unless costs are cut sharply and one part of the business starts generating real income soon, more funding or dilution looks likely.

Anyone looking at it as a short-term earnings or quick turnaround story may want to go through the numbers again.

Numbers first, narratives later.
-- ositadima1

emmanuelewumi:
I am not sure Ellah Lakes got half of the fund needed in the last public offer

1pete:
Does anyone here use Stanbic IBTC Stocbroker platform. I'm having an awful experience trying to get a single order filled. I've been placing orders daily, and each day they go unfilled, despite my orders being at or above market price.

On the otherhand, i also use United capital, but my order are filled within 15 minutes of placing them.

So, I'm wondering how the largest stockbroker in Nigeria (SISL) is running an inferior system to a smaller broker like UCSL

Shalom428:
Investors are categories into traders, speculators, long terms investors, gamblers, jijoist and so on

Abeg somebody should help a brother, which name we go call people buying Ellalakes.

Raider76:
Hope-bies.

EDUECO:
Ellah lekuleku!

2036 is the year for Ellah lakes breakthrough.

Agbalowomeri:
This one should return to N5

https://doclib.ngxgroup.com/Financial_NewsDocs/45936_AXA_MANSARD_INSURANCE_PLC-_YEAR_END_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JANUARY_2026.pdf

HesInMe:
Maka why? Who in their right mind values a Nigerian insurance carrier today on profits or investment income?

With the ongoing industry reforms, core insurance revenue is where the focus should be: The sector is prepping for rapid growth through premium expansion, even at a cost to profitability. Insurance revenue is up 22% YoY -- smaller by comparison to AIICO's 27% growth, though higher in absolute terms.

Insurance expenses -- essentially, claims payments -- did go up, but in a way that is a good thing in the short term, as it signals seriousness with claims resolution and helps Mansard build it's brand image in the market.

HesInMe:
To be fair, even raising half of the ~N250 bn would be a remarkable feat of marketing genius for Ellah.