₦airaland Forum

Payunsin:
I have over 45000 birds and I raise catfish too ooo. With this your calculations my business will be more than 50b.
Make me sef come market oooo

You should

Atimes you see things and just wonder , what is 45k birds -layers and growers with catfish pond and acres of palm , so many of this medium size poultry exist in oyo state alone , not even talking of the entire southwest , the poultry hotbed of nigeria , how do you justify 48b valuation with 700m revenue , like 60m monthly sales be that now , or it’s because it’s all forward looking , they have plans and they have palm , when no be tech coy , even the poultry sef they are not in other major lucrative aspects , anyway we are the architects of our individual fortunes ,nfa

Today,
UACN closed @200....Up with +7.61%
UNILEVER @172.......Up with +6.50%
CADBURY @72.60......nil
Pz @109.......nil

* The month of MAY is the Financial Year End of PZ.....

** Meanwhile, market wasn't bad as some people had expected it to turn today, quite some price appreciations occurred.....
My ZICHIS will rebound and shame haters, hope dey 🪃 😊

rmx:
You should

Atimes you see things and just wonder , what is 45k birds -layers and growers with catfish pond and acres of palm , so many of this medium size poultry exist in oyo state alone , not even talking of the entire southwest , the poultry hotbed of nigeria , how do you justify 48b valuation with 700m revenue , like 60m monthly sales be that now , or it’s because it’s all forward looking , they have plans and they have palm , when no be tech coy , even the poultry sef they are not in other major lucrative aspects , anyway we are the architects of our individual fortunes ,nfa

That capitalization can be misleading. You only need to exchange a small number of shares out of all the outstanding shares at a certain price for it to affect the entire market capitalization. Less than 5% of the outstanding shares can be traded and still push the whole capitalization to tens of billions.

The funny thing is that even the so-called fundamentally strong stocks currently have market capitalizations many times their book value, thanks to only a small portion of the outstanding shares being traded. During a bear market, all of them can reset the same way, since prices are still being determined by trades involving only a fraction of the outstanding shares.

So when you say “48 billion,” the real question is: can you actually get that amount in cash if everyone tries to sell those shares?

Food for thought.

Oasisblue:
PZ, Legend, Aradel, abeg publish Q1 2026 results na. So that we can rest and look forward to July for Q2

..... and Dang Refinery listing

PZ has May as the Financial Year end..
Legend has April has year end if I'm not mistaken..

Same with Dangote Cement. That trillion-naira market cap, do you think you can actually realize that much if everyone decided to sell? You would be surprised that the market may not absorb more than ₦200 billion, lol.

The only way that kind of money can realistically be realized is if a single entity is trying to acquire the whole company. If individuals are left to sell into the open market, you will not get anywhere near that trillion naira valuation.

So don’t take market capitalization too seriously.

ositadima1:
Same with Dangote Cement. That trillion-naira market cap, do you think you can actually realize that much if everyone decided to sell? You would be surprised that the market may not absorb more than ₦200 billion, lol.

The only way that kind of money can realistically be realized is if a single entity is trying to acquire the whole company. If individuals are left to sell into the open market, you will not get anywhere near that trillion naira valuation.

So don’t take market capitalization too seriously.

You’re mixing valuation with exit liquidity. You just described liquidity and tried to cancel market cap with it
Market cap is pricing at the margin, not “if everybody rush sell today”.

If everybody sell at once, even gold price go crash 😂


That’s like saying a house in Banana Island isn’t worth ₦500m because if every owner dumps houses at once, buyers go choke. That’s not how valuation works.

Make una ask Morgan Capital if thr platform is now analog. Why is it it that the closing price of some stocks in that thr platform sometimes differ from true closing price of stocks on ngx.Do they now imput them manually. Today ucap is showing #17 I was wondering when ucap touched that price today. Yesterday was different price for chems.The other day na FBNH. I thought it automatically captures true mark close for stocks
How is ucap showing #17 today

yMcy56:
Today,
UACN closed @200....Up with +7.61%
UNILEVER @172.......Up with +6.50%
CADBURY @72.60......nil
Pz @109.......nil

* The month of MAY is the Financial Year End of PZ.....

** Meanwhile, market wasn't bad as some people had expected it to turn today, quite some price appreciations occurred.....
My ZICHIS will rebound and shame haters, hope dey 🪃 😊

Cadbury dey fall hand for that place..I was expecting #100 by now

Itzlinda:
You’re mixing valuation with exit liquidity. You just described liquidity and tried to cancel market cap with it
Market cap is pricing at the margin, not “if everybody rush sell today”.

If everybody sell at once, even gold price go crash 😂


That’s like saying a house in Banana Island isn’t worth ₦500m because if every owner dumps houses at once, buyers go choke. That’s not how valuation works.

Yeah, but all the houses on Banana Island are not grouped together and given a single value the way market capitalization is calculated. So I cannot say all the houses on Banana Island are worth ₦20 trillion and then use that number to compare it with Ikeja as an entire community. Or because two houses on Banana Island sold for ₦500 million, therefore we multiply that figure by the total number of houses on Banana Island. Do you get my point? Your example is not the relevant.

Read my other post and think about it.

Itzlinda:
You’re mixing valuation with exit liquidity. You just described liquidity and tried to cancel market cap with it
Market cap is pricing at the margin, not “if everybody rush sell today”.

If everybody sell at once, even gold price go crash 😂


That’s like saying a house in Banana Island isn’t worth ₦500m because if every owner dumps houses at once, buyers go choke. That’s not how valuation works.

Plus, what is marginal liquidity? Can you simplify it?

Streetinvestor2:
Make una ask Morgan Capital if thr platform is now analog. Why is it it that the closing price of some stocks in that thr platform sometimes differ from true closing price of stocks on ngx.Do they now imput them manually. Today ucap is showing #17 I was wondering when ucap touched that price today. Yesterday was different price for chems.The other day na FBNH. I thought it automatically captures true mark close for stocks
How is ucap showing #17 today

Donno what's up with Morgancapital. Funds I transferred since 9 am hasn't reflected till now

ositadima1:
Yeah, but all the houses on Banana Island are not grouped together and given a single value the way market capitalization is calculated. So I cannot say all the houses on Banana Island are worth ₦20 trillion and then use that number to compare it with Ikeja as an entire community. Or because two houses on Banana Island sold for ₦500 million, therefore we multiply that figure by the total number of houses on Banana Island. Do you get my point? Your example is not the relevant.

Read my other post and think about it.

I get your point, but that’s still not how market cap works. It’s not scaling up a few transactions to value a whole economy.
Market cap is simply the current marginal price × total shares outstanding. It assumes each share is worth the last traded price at the margin not that the entire company can be liquidated at once at that price.
The Banana Island analogy actually still fits if you frame it correctly: you’re not valuing the community as a single liquid asset, you’re just saying “if the last house sold at ₦500m, then that’s the market-clearing price signal for similar houses.”
The key distinction you’re missing is this:
Market cap = pricing reference at the margin
Not = total realizable cash if everything is sold simultaneously
So liquidity stress doesn’t invalidate market cap. it just explains why full exit at that price isn’t possible.

thebargainhunte:
There was a time they helped you to crash Dangote Sugar to sub 28, but you were not there to mop the crash. If Wapco leggo na, you go Japa.

No one pushed sugar to #28 rather the fundamentals at that time pushed it to that level.It is equally the new fundamental pushing it to this new level based on its q1 results. Do you think this business is just gambling thing..lol.
Those quater results are not just formalities

Omo the oando don cast merchant still in pain to the extent of blocking me and still quoting my post..

I don't need to see your messages but when I see the sign that you quote me I go assume u they see my post amd will continue to banter u.

If petobi no enter na to disappear for this nairaland ooo else I will personally send u packing no amount of blocking go safe u that time.

My question still remains, what changes between when u said ngx don cast and now that you are praising it, it's not up to a year oooo..

Imagine if someone is stoopid enough to take you serious naso u for turn back they talk another thing n be justifying rubbish d way you did after oando don cast.


Small thing u go say make they show u portfolio, so childish...

ositadima1:
Same with Dangote Cement. That trillion-naira market cap, do you think you can actually realize that much if everyone decided to sell? You would be surprised that the market may not absorb more than ₦200 billion, lol.

The only way that kind of money can realistically be realized is if a single entity is trying to acquire the whole company. If individuals are left to sell into the open market, you will not get anywhere near that trillion naira valuation.

So don’t take market capitalization too seriously.

Well I disagree.
Rather, @bolded is reason why market Cap should be taken too seriously.
It guards valuation(EV and co) for buying entities..

As someone else already mentioned. It's not for liquidity purposes.

If agba or pa emma they ask people to show portfolio anytime people disagree with them

Na osita for hear am pass for here...

essentialone:
10 Overall Worst Performing Stocks so far this Year 2026


1. Sovereign Trust Insurance (has lost 35.08%)
2. Sunu Insurance (has lost 25.09%)
3. Royal Exchange Insurance (has lost 24.73%)
4. Ellah Lakes (has lost 21.64%)
5. University Press (has lost 20.00%)
6. Lasaco Insurance (has lost 19.18%)
7. Wapic Coronation Insurance (has lost 18.77%)
8. Honeywell Flour (has lost 17.81%)
9. Guinea Insurance (has lost 15.79%)
10. UPDC (has lost 13.27%)


Which of them do you still have in your Portfolio presently? You no go sell am off?

The results on lasaco post it downshowing the eps like other companies.

Streetinvestor2:
Cadbury dey fall hand for that place..I was expecting #100 by now

Their result was not that fantastic

thebargainhunte:
There was a time they helped you to crash Dangote Sugar to sub 28, but you were not there to mop the crash. If Wapco leggo na, you go Japa.

without dividend?
especially when it's obvious non-payment will extend for over 1+ years ?
Naa.. Investors won't mop.
Probably traders.

Itzlinda:
I get your point, but that’s still not how market cap works. It’s not scaling up a few transactions to value a whole economy.
Market cap is simply the current marginal price × total shares outstanding. It assumes each share is worth the last traded price at the margin not that the entire company can be liquidated at once at that price.
The Banana Island analogy actually still fits if you frame it correctly: you’re not valuing the community as a single liquid asset, you’re just saying “if the last house sold at ₦500m, then that’s the market-clearing price signal for similar houses.”
The key distinction you’re missing is this:
Market cap = pricing reference at the margin
Not = total realizable cash if everything is sold simultaneously
So liquidity stress doesn’t invalidate market cap. it just explains why full exit at that price isn’t possible.

So in other words, you agree that you cannot realize that market cap easily in cash. Saying Dangote Cement has a trillion-naira market cap does not mean a trillion naira can actually be pulled out from it.

It can be one trillion today and, based on liquidity and other factors, become 200 billion at another time. That is why I said not to take market cap too seriously; I never canceled it like you claimed.

So the guy who said that because he has more than 45,000 birds and fish ponds, therefore his farm should be valued higher, is also wrong. Until liquidity, demand, and other market factors price the shares, the valuation remains theoretical.

By the way, I already know how to calculate market cap, but thanks all the same.

The day karma twist your neck.Na that day I go quote u saying...RIP.For now u don exist as I hate criminal

Streetinvestor2:
The day karma twist your neck.Na that day I go quote u saying...RIP.For now u don exist as I hate criminal

👀👀👀👀

chimex38:
Well I disagree.
Rather, @bolded is reason why market Cap should be taken too seriously.
It guards valuation(EV and co) for buying entities..

As someone else already mentioned. It's not for liquidity purposes.

Ok, I don’t use market cap in my valuation. I try to compute fair value as best as I can, then check whether the current price is above or below it.

Like I pointed out, market cap depends to a large extent on liquidity, just like the price from which it is calculated. A few traded shares can end up determining the value of the entire outstanding share count; I don’t see how that is proper.

But you still cannot realize that entire market cap figure in cash immediately, only in theory.

You eh😂

crownprince2017:
Omo the oando don cast merchant still in pain to the extent of blocking me and still quoting my post..

I don't need to see your messages but when I see the sign that you quote me I go assume u they see my post amd will continue to banter u.

If petobi no enter na to disappear for this nairaland ooo else I will personally send u packing no amount of blocking go safe u that time.

My question still remains, what changes between when u said ngx don cast and now that you are praising it, it's not up to a year oooo..

Imagine if someone is stoopid enough to take you serious naso u for turn back they talk another thing n be justifying rubbish d way you did after oando don cast.


Small thing u go say make they show u portfolio, so childish...

Congratulations on your ZICHIS loot

yMcy56:
Today,
UACN closed @200....Up with +7.61%
UNILEVER @172.......Up with +6.50%
CADBURY @72.60......nil
Pz @109.......nil

* The month of MAY is the Financial Year End of PZ.....

** Meanwhile, market wasn't bad as some people had expected it to turn today, quite some price appreciations occurred.....
My ZICHIS will rebound and shame haters, hope dey 🪃 😊

When E go happen people won't be able to comot

rmx:
You should

Atimes you see things and just wonder , what is 45k birds -layers and growers with catfish pond and acres of palm , so many of this medium size poultry exist in oyo state alone , not even talking of the entire southwest , the poultry hotbed of nigeria , how do you justify 48b valuation with 700m revenue , like 60m monthly sales be that now , or it’s because it’s all forward looking , they have plans and they have palm , when no be tech coy , even the poultry sef they are not in other major lucrative aspects , anyway we are the architects of our individual fortunes ,nfa

WOW

Maybe he wan send am enter Nigeria Stock Exchange so it will do ×10

narite:
Why didn't you tell us this while you were crucifying some of us trading so called "kpekus". Am I right with the words? I can't recall the way you write it.

Sadly, some of us here did listen to you, not knowing you were busy filling your pocket behind the scenes, doing what you told us not to do.

It is well


Be careful with those who easily condemn what others are doing without any justification.

Many bought ellahlakes at 3.5 naira and the price moved to 19 naira and currently at around 10 naira support. He and his cohorts had the guts to condemn and mock those who made massive profits.

Now, he is celebrating less than 10% profit because access bank and UBA refused to pay him dividend rent.

He was warned that banks will likely disappoint but he refused to listen. Claiming to know it all.

ositadima1:
Ok, I don’t use market cap in my valuation. I try to compute fair value as best as I can, then check whether the current price is above or below it.

Like I pointed out, market cap depends to a large extent on liquidity, just like the price from which it is calculated. A few traded shares can end up determining the value of the entire outstanding share count; I don’t see how that is proper.

But you still cannot realize that entire market cap figure in cash immediately, only in theory.

How about in a situation the person/people manipulating the SP target is just to get half of that market cap because he knows even at half it is still a win because he/she knows the business will still be overvalued at half price. I hope I am making sense like the case of geragu power plant which was sold way below what ote had taken it but it was still a cash out for him.He did it in some other companies too like forte oil

Una mouth eh 😂

Na you and Crown fit some persons here

leo1234:
It is well


Be careful with those who easily condemn what others are doing without any justification.

Many bought ellahlakes at 3.5 naira and the price moved to 19 naira and currently at around 10 naira support. He and his cohorts had the guts to condemn and mock those who made massive profits.

Now, he is celebrating less than 10% profit because access bank and UBA refused to pay him dividend rent.

He was warned that banks will likely disappoint but he refused to listen. Claiming to know it all.

yMcy56:
I've always said it before, that whosoever will continue to listen to all the paralysis here, especially when badmouthing genuine company, then the person is not yet ready for investment.

Oga Emma has been wrong on some occasions, so I won't totally subscribe to everything he says here...

That said, we don siddon look dey watch una...
No need to reply again...

Madam, keep doing your thing and continue to make your money. You don't owe anyone any explanation.


Remember to continue dropping your tips and opinion. 🙏