₦airaland Forum

KarlTom:
Red oil in the pot OR Red oil on their white linen?

mikeapollo:
It is because of expansion and acquiring more interest in oil fields. The upstream oil industry is highly capital intensive so once you expand it comes with huge investments and debt until you ramp up production and stabilize over the medium to long term.

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

aj8:
For Universal, factor….

https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/Universal_Insurance_Plc_Notice_of_Extraordinary_General_Meeting_.pdf

emmaodet:
Honestly, i am not really impressed with the result.
70% of the profit before tax comes from ''other income'' and ''share of profit from associate''
They have a worrying receivables of 2.56 trillion, borrowing ballooned to 1.7 trillion from just 40 billion previous year, decommissioning liabilities of 3.35t, payables increased from 120b to 2.9 trillion.
In the share holders equity, non-controlling interest is now above 50%.
Ever since they came to Ngx, i think they have learnt the act of playing with the books unlike them.

zendi:

What I expect between now and next trading is acquisition miracle news.

Short of that, dark is come to the stock.

Redoil:
helloooooooooooooooo

SonofElElyonRet:
https://www.instagram.com/reel/DPyYzJMDAQd/?igsh=NmtoZnU5MjhxN3A0
Chuka Mordi discusses ARPN acquisition deal and states that it'll 10x Ellah's size and that a number of other such deals are in the pipeline and will be announced when terms are agreed..

zendi:
Above posted ystd after bad Result.

Now, the master of oratory roars.

You can't beat Chuka in this game.

mikeapollo:
Like Wale, like Chuka

yMcy56:
This got me lmao
No be small thing 😁

Meanwhile, let's hear their defence of ARADEL too...😊
We still dey with OANDO inbtw

SonofElElyonRet:
Well... Wale is by far worse.

mikeapollo:
You human beings dey too quick to judge somebory! Me I no wan judge which one better or worse pass.

The Scriptures say thou shall not judge......because we don't know the end from the beginning.
Remember, the Lord granted one ''bad man'' access to heaven because he repented at the last minute.
Wale maybe going through some serious deliverance and repentance right now, but you don't know. So don't judge yet until the last show!

tayejay:
For me, Wale submitting reports early enough is an indication of willingness for repentance and dedication towards a plan that may be beneficial. I am hopeful

jonnysessy:
Everybody is promoting stocks in their portfolio on this thread so that others who are probably on the fence can join. I will advice you do your due diligence before committing your hard earned money into any stock. Cash is king

wiki15:
I noticed that. Seems every "expert" is doing "expert" for their own band wagon. SMH

SonofElElyonRet:
All Ellah bashers, watch this video

https://www.youtube.com/watch?v=fwVhIrLc4IM?si=IfnwXO7Fk--fhFKA

Ellah looking to be a billion dollar company in the next 5 years.

PO extension was for institutional investors to have enough time to adequately participate

Part of the financing needed to acquire ARPN already in place before the PO so Ellah confident of closing the acquisition deal.

PO need not be fully subscribed for Ellah to close the acquisition deal

Dividend payment to commence by year end

emmaodet:
Honestly, i am not really impressed with the result.
70% of the profit before tax comes from ''other income'' and ''share of profit from associate''
They have a worrying receivables of 2.56 trillion, borrowing ballooned to 1.7 trillion from just 40 billion previous year, decommissioning liabilities of 3.35t, payables increased from 120b to 2.9 trillion.
In the share holders equity, non-controlling interest is now above 50%.
Ever since they came to Ngx, i think they have learnt the act of playing with the books unlike them.

mikeapollo:
You human beings dey too quick to judge somebory! Me I no wan judge which one better or worse pass.

The Scriptures say thou shall not judge......because we don't know the end from the beginning.
Remember, the Lord granted one ''bad man'' access to heaven because he repented at the last minute.
Wale maybe going through some serious deliverance and repentance right now, but you don't know. So don't judge yet until the last show!

OBAGADAFFI:
They are not getting enouch money.
Something is wrong, maybe investoers dont trust thier Financials.

leo1234:
Wema Bank 24.95

Access bank 22.75


Once wema bank breaks above 25, 30 naira is the next target.