₦airaland Forum

Harddiskng:
Senior man, Please give me link to your source if price to sale ratio

nosa2:
The company has a lot of value. The management just needs to shut up and focus on running their business. Too much financial engineering going on and not enough actual palm oil business

Valthegreat:
Please which broker do you use?

EDUECO:
This is like a scam.

Harddiskng:
It was obvious to the blind that something criminal is going on.

It is not that i am jealous i didn’t buy at inception oo but haba

nosa2:
I plan to buy a lot of Ellah lakes but not yet. Dust needs to settle on the stock and reality needs to set in for the general market.

It will take a long time for the company to become profitable so I am very very patient

nosa2:
People are now openly mentioning N1 for this stock..... how sentiments change

EDUECO:
This is like a scam.

OBAGADAFFI:
They(Directors) deserve it.
It was purely insider trading.

BabsO2:
I may buy greedily below N3 should it fall that low Or higher if new goooooood content creations are released, like profits finally in view.

megawealth01:
Seems we go drop the first bomb at somewhere close to #10?

I speak in parables for the discerning sha

Mpeace:
Those big companies have the result to justify their price. They also have fair distribution and their shares are often available to buyers in the open market

nosa2:
I won't call it a scam, I just think the management tried to cash in on the hype about palm oil. If you look at it from that perspective they kind of succeeded.

mikeapollo:
Abeg ooo. It is just a guess for context

Ellah can still rise.
Never say never for any stock. That is my philosophy.

emmanuelewumi:
They can even have an Offer for Sale, whereby existing shareholders will sell part of their holdings to the public at a fixed price unlike listing by introduction whereby the price the existing shareholders will sell will be increasing on a daily basis. That gives room for manipulation

emmanuelewumi:
I wrote about their price to sale ratio last week and it appears to be the second highest on NGX after that of Ellah Lakes.


Zichis learnt the tricks from Ellah Lakes

thebargainhunte:
The problem here is not the manipulation, the problem here is that most of our ogas them didn't see the stock to buy at a low price, hence the sporadic attack on the stock. I think what played out is the law of demand and supply, and the sector the stock is. What could be said of Mecure when it was listed?

chimex38:
@Agba said Zichis plan is dead on Arrival...

Behold.....
Deed has been done

nosa2:
I would advise you not to give a price till you see numbers. These guys spent hundreds of millions financing public offer, did loan conversion; the numbers are going to be brutal.

emmanuelewumi:
IPO price is inflated, listing by introduction price are super inflated and also manipulated for additional price inflation

Princkez:
Just bought some JAPAULGOLD #4....let's see how it goes,all die nah die

tammyboy1:
Omatek and RT Bristocoe, any bad news about these stocks?

thebargainhunte:
The problem here is not the manipulation, the problem here is that most of our ogas them didn't see the stock to buy at a low price, hence the sporadic attack on the stock. I think what played out is the law of demand and supply, and the sector the stock is. What could be said of Mecure when it was listed?

yMcy56:
But boss, ZICHIS price wasn't inflated at listing....
It was listed at N1.81

emmanuelewumi:
Haba with a stock of about 600 million outstanding shares and market capitalization of about N1 billion when it was listed.


Me sef no fit buy such stocks no matter the hype.

Understand the business behind Zichis.

It is located in my maternal grandfather village of Odogbolu Ogun State.

I don't think the total business should be worth more than N1 billion.

But now valued by speculators at almost N10 billion

emmanuelewumi:
Do you understand the business behind the stock. Just a poultry farm

thebargainhunte:
The problem here is not the manipulation, the problem here is that most of our ogas them didn't see the stock to buy at a low price, hence the sporadic attack on the stock. I think what played out is the law of demand and supply, and the sector the stock is. What could be said of Mecure when it was listed?

emmanuelewumi:
Haba with a stock of about 600 million outstanding shares and market capitalization of about N1 billion when it was listed.


Me sef no fit buy such stocks no matter the hype.

Understand the business behind Zichis.

It is located in my maternal grandfather village of Odogbolu Ogun State.

I don't think the total business should be worth more than N1 billion.

But now valued by speculators at almost N10 billion

nosa2:
The company has a lot of value. The management just needs to shut up and focus on running their business. Too much financial engineering going on and not enough actual palm oil business