₦airaland Forum

HesInMe:
Aren't most large-cap stocks taking a breather after the massive run over the last month?

Take the (very) long view on WAPCO: It's the gazelle of an economically vital, structurally favourable sector.

SonofElElyonRet:
Should he be intending if he doesn't think it's possible? The impression he's creating is that it's possible.. 🤷

mikeapollo:
I think they have to pay some dividend (no matter how little) to redeem their imagine and reignite investor confidence in the company/stock. Otherwise, the stock price would crash to N1 and the directors that bought those shares would feel it more.

awesomeJ:
The numbers aren't absolute.
Buying at N200 might have meant you were paying a premium, whereas N700 for the same stock is a steal.

You should still be aggressive for another 5 years at least.

Maybe it's even cos people think the "Agba" we clip off your moniker means elder, whereas it does indeed have zero correlation.

For those who don't know, "Agba" in this context means collector


But it's only fixed deposit pennies that he's collecting.

Agbalowomeri:

I dey collect babes o
Make your babe no near me

Agbalowomeri:
Pay dividend from where o

megawealth01:
Just drop cash with your broker with "knee down" buy order

Agbalowomeri:
Pay dividend from where o

ositadima1:
The over 22,000 hectares in Ellah’s possession, is it all just bush? Even if they cultivated cassava on only half of it, they should be able to pay a dividend. Or do you think the land is lying completely fallow? What do you think they’ve been doing with the huge expenses they’ve recorded, are they just partying with the money?

So if you can’t account for any of that, what makes you think you have the insight to question the source of the dividends?

ositadima1:
The over 22,000 hectares in Ellah’s possession, is it all just bush? Even if they cultivated cassava on only half of it, they should be able to pay a dividend. Or do you think the land is lying completely fallow? What do you think they’ve been doing with the huge expenses they’ve recorded, are they just partying with the money?

So if you can’t account for any of that, what makes you think you have the insight to question the source of the dividends?

mikeapollo:
I think he was referring to possible negative equity position of the company.

Agbalowomeri:
Lol please where is the revenue coming from or what's the retained earnings abi my eyes don dirty again? Maybe they want to borrow money to pay dividend sha. Chuka is doing well with Wale's playbook. 15 years down the line investors still dey argue with confusion with Wale's forward looking statements. Now Chuka don learn

ositadima1:
Does negative equity stop a company from paying dividends?

Also, Ellah does not have negative equity, please go through the unaudited financial statements again. What they have is negative retained earnings, which is a component of equity, but overall shareholders’ equity is still positive.

They do have interest-bearing debt of ₦372.3 million, which is relatively small compared to their total assets.

Agbalowomeri:
Lol please where is the revenue coming from or what's the retained earnings abi my eyes don dirty again? Maybe they want to borrow money to pay dividend sha. Chuka is doing well with Wale's playbook. 15 years down the line investors still dey argue with confusion with Wale's forward looking statements. Now Chuka don learn

ositadima1:
The over 22,000 hectares in Ellah’s possession, is it all just bush? Even if they cultivated cassava on only half of it, they should be able to pay a dividend. Or do you think the land is lying completely fallow? What do you think they’ve been doing with the huge expenses they’ve recorded, are they just partying with the money?

So if you can’t account for any of that, what makes you think you have the insight to question the source of the dividends?

HesInMe:
Although, to be fair, some of Ellah's assets have suddenly vanished. Remember the piggery that was supposed to be a big hit?

Poof!

ositadima1:
Have you gone to the farms to verify that there will be no revenue in the next twelve months, or are you just guessing? I don’t really understand. The fact that they haven’t generated considerable revenue up to now does not automatically mean they won’t generate revenue going forward.

At the very least, you have no tangible evidence that they did not cultivate this year(last year) for harvest next year(this year). But if you do, please share it with us.

[b]My point is that he has made a claim, and we cannot falsify it [/b]unless you have personally been to the farms and confirmed that the land is all bush and that the costs were being used for personal enrichment.

Agbalowomeri:
How many more false claims do we need? I thought by now Ellah palmoil would have captured some market shares going by his claim of installing the mill by July last year.

If he truly claims that ELLAH plans to pay dividend then he comes across as another cowboy playing to defend a stock price

Agbalowomeri:
How many more false claims do we need? I thought by now Ellah palmoil would have captured some market shares going by his claim of installing the mill by July last year.

If he truly claims that ELLAH plans to pay dividend then he comes across as another cowboy playing to defend a stock price

mikeapollo:
from anywhere anyhow

Agbalowomeri:
Lol please where is the revenue coming from or what's the retained earnings abi my eyes don dirty again? Maybe they want to borrow money to pay dividend sha. Chuka is doing well with Wale's playbook. 15 years down the line investors still dey argue with confusion with Wale's forward looking statements. Now Chuka don learn

KarlTom:
MTN

https://doclib.ngxgroup.com/Financial_NewsDocs/MTN_Nigeria_-_2025_AFS.pdf

DIV: ₦15.00

GeeKudi:
It was this oil mill stunt that got me completely pissed off. It was supposed to be the game changer we all hoped for. Man said the mill would be commissioned in June, even uploaded blue roof photos on twitter.

Sunrisepebble:
N900 stock

Byankee:
#15 dividend on #760 stock is quite poor

megawealth01:
Listen to him slowly and calmly this time

Agbalowomeri:
Pay dividend from where o

mikeapollo:
You and Ellah, Oando and I
They must deliver and vomit the money,

Agbalowomeri:
How many more false claims do we need? I thought by now Ellah palmoil would have captured some market shares going by his claim of installing the mill by July last year.

If he truly claims that ELLAH plans to pay dividend then he comes across as another cowboy playing to defend a stock price