₦airaland Forum

Agbalowomeri:
Lol the dip go discover crude oil

E go drill the chart

KarlTom:
There are several options before ELLAH mgt right now:

- reach out to some HNI investors who subscribed to the PO for private placement
- borrow internally to fund the acquisition. Then convert the debt to equity later on at a discount.
- issue CP or BONDS to fund the acquisition.
- come back to the market with a RI (after all the EGM has given approval for the fund raising).

Frankly speaking, the only thing that can save the SP from total decline are successful acquisition + verifiable commencement of milling operations...

Every mallam to his kettle

Why is the option of focusing on running the business that currently exists and getting that profitable not on the table?

Anyway na siddon look mode I dey

emmanuelewumi:
HNI are very smart people, except for politicians who are mostly money miss road.


What is the size of the business done for Ellah Lakes to ask for a bond of N200 billion for the acquisition?

What is the credit rating of Ellah Lakes?


The best thing is for Ellah Lakes to grow organically for the next 3 years, generate reasonable revenue, become profitable, improve their credit rating, convert the current debts to equity, then try to pay a dividend


After this they can try a N50 billion right offer.


The problem with Ellah Lakes is that majority of the current shareholders were waiting for the next maga.

I doubt if 20% of the shareholders actually participated in the public offer.

Thank you for this. I was beginning to think I am going crazy

How much is JAPAUL generating that jegede is looking for 500b?

megawealth01:
How much is JAPAUL generating that jegede is looking for 500b?

Jegede is trusting on the Lord. He has faith that the N500 billion is a chicken change and the offer will be oversubscribed

The way these people call money sha

They don't like that option since it won't fetch them good [and quick] money...

nosa2:
Why is the option of focusing on running the business that currently exists and getting that profitable not on the table?

Anyway na siddon look mode I dey

Can I hear a loud amen🙏

emmanuelewumi:
Jegede is trusting on the Lord. He has faith that the N500 billion is a chicken change and the offer will be oversubscribed

I was told that jegede is no longer there sha. They now have a new chairman and management so jegede doesn't know what's happening in JAPAUL

emmanuelewumi:
Jegede is trusting on the Lord. He has faith that the N500 billion is a chicken change and the offer will be oversubscribed

Until you have solid institutional investors in a company, it will be difficult for any company on NGX to raise N100 billion and above, talk less of N250 billion and N500 billion

megawealth01:
I was told that jegede is no longer there sha. They now have a new chairman and management so jegede doesn't know what's happening in JAPAUL

Dey play, you are not new in this business na

Don't doubt chuka and jegede ooo

emmanuelewumi:
Until you have solid institutional investors in a company, it will be difficult for any company on NGX to raise N100 billion and above, talk less of N250 billion and N500 billion

megawealth01:
Don't doubt chuka and jegede ooo

You sha want me to talk. I have heard you

As for me na jegede plc I buy sha so I no sabi the new management for now

emmanuelewumi:
Dey play, you are not new in this business na

😂

emmanuelewumi:
You sha want me to talk. I have heard you

Japaul Gold & Ventures Plc (formerly Japaul Oil & Maritime Services Plc) is a Nigerian company listed on the Nigerian Exchange (NGX).

📊 Shareholding Structure (General Overview)

As a publicly listed company, its ownership is typically divided into:

1. Major Shareholders (Core Investors)

Founders / Promoters

Strategic investors

Directors and related parties



2. Institutional Investors

Asset management firms

Pension fund administrators

Insurance companies

Investment firms



3. Retail (Public) Shareholders

Individual investors holding smaller percentages

These usually make up a large portion by number of shareholders



4. Foreign Investors (if applicable)

May include offshore institutional or private investors





---

🏢 Control Structure

Historically, control of Japaul has been influenced by:

Its founding shareholders

Core insider holdings

Large block shareholders (5% and above)



Source CHATGPT

Who are the founding shareholders? Jegede and co ba?

megawealth01:
Japaul Gold & Ventures Plc (formerly Japaul Oil & Maritime Services Plc) is a Nigerian company listed on the Nigerian Exchange (NGX).

📊 Shareholding Structure (General Overview)

As a publicly listed company, its ownership is typically divided into:

1. Major Shareholders (Core Investors)

Founders / Promoters

Strategic investors

Directors and related parties



2. Institutional Investors

Asset management firms

Pension fund administrators

Insurance companies

Investment firms



3. Retail (Public) Shareholders

Individual investors holding smaller percentages

These usually make up a large portion by number of shareholders



4. Foreign Investors (if applicable)

May include offshore institutional or private investors





---

🏢 Control Structure

Historically, control of Japaul has been influenced by:

Its founding shareholders

Core insider holdings

Large block shareholders (5% and above)



Source CHATGPT

megawealth01:
Japaul Gold & Ventures Plc (formerly Japaul Oil & Maritime Services Plc) is a Nigerian company listed on the Nigerian Exchange (NGX).

📊 Shareholding Structure (General Overview)

As a publicly listed company, its ownership is typically divided into:

1. Major Shareholders (Core Investors)

Founders / Promoters

Strategic investors

Directors and related parties



2. Institutional Investors

Asset management firms

Pension fund administrators

Insurance companies

Investment firms



3. Retail (Public) Shareholders

Individual investors holding smaller percentages

These usually make up a large portion by number of shareholders



4. Foreign Investors (if applicable)

May include offshore institutional or private investors





---

🏢 Control Structure

Historically, control of Japaul has been influenced by:

Its founding shareholders

Core insider holdings

Large block shareholders (5% and above)



Source CHATGPT

Institutional investors have names, the institutional investors I reckon with are pension fund managers.

For them to invest in a company, they must have been consistent with dividend payments for the past 5 years.

We JAPAUL shareholders

Current list of stocks in NGX pension index

No wonder Nahco is flying, the stock was recently admitted into NGX pension index

Upon how liquid Oando stock is Pension Fund Managers are not allowed to invest workers Retirement Savings into the stock

Still loads of Oxygen in the tank for Nascon. Zenith , UBA , STANBIC , GTCO are all still undervalued.

Not a buy recommendation.

Who no go fear Wale?

emmanuelewumi:
Upon how liquid Oando stock is Pension Fund Managers are not allowed to invest workers Retirement Savings into the stock

emmanuelewumi:
Current list of stocks in NGX pension index

pensionindex no even rate their twin brother insuranceindex for portfolio
Just 1 or 2.

emmanuelewumi:
Upon how liquid Oando stock is Pension Fund Managers are not allowed to invest workers Retirement Savings into the stock

OandO na NextGenIndex.

chimex38:
OandO na NextGenIndex.

Oando is in NGX 30 index. But not in NGX pension index

megawealth01:
Who no go fear Wale?

Still risky for workers Retirement Savings to be invested in it

Loco’s Analysis on Behavioral Patterns of Ellah Lakes Plc and Japaul Gold & Ventures Plc Next Week
🔎 1️⃣ If Ellah Dips on the News
Watch for panic-driven selloffs.
If bids thin out and volume rises with falling price → distribution likely.
If price stabilizes quickly with strong absorption → pullback only.
🔎 2️⃣ For Japaul Traders
If bid depth remains strong despite Ellah weakness → no real spillover.
If volume spikes but price stalls → whales may be distributing.
Consecutive lower closes = sentiment shift.
⚠️ Pump & Dump Alert
Both counters can show:
Heavy bid stacking → retail chase.
Sudden offer walls → quiet exit by smart money.
🎯 Bottom Line
Next week is about liquidity behavior, not headlines.
If money flow holds, momentum survives.
If smart money exits, price will reveal it quickly.

Don't panic sell but be cautious

Non payment of dividend disqualifies a company from the NGX pension index. Once Oando restarts dividend payment, it will naturally be readmitted to the NGX pension fund index.

emmanuelewumi:
Oando is in NGX 30 index. But not in NGX pension index

How come ?

emmanuelewumi:
Upon how liquid Oando stock is Pension Fund Managers are not allowed to invest workers Retirement Savings into the stock

When can we expect the bolder

ProphetUtuocha:
Non payment of dividend disqualifies a company from the NGX pension index. Once Oando restarts dividend payment, it will naturally be readmitted to the NGX pension fund index.