₦airaland Forum

Stockpromoter:
It’s unfortunate I don’t play one-stock politics anymore. I now trade the entire insurance space using the Loco Insurance Index framework, not emotions.

One thing I must point out in your post — Royal Exchange Plc had a very strong technical support at ₦1.80. That was a clear structure level. It tested that zone, respected it, and bounced. That’s not weakness — that’s demand absorption.

I was fortunate to accumulate close to 1 million units at ₦1.81 when fear was high and volume confirmed support. In this market, opportunities show up briefly — if you understand structure and volume, you don’t hesitate.

Also, let’s be realistic — when Sovereign Trust Insurance Plc is showing sustained strength and momentum northward, it’s a sector signal. Insurance stocks move in rotation waves. Capital doesn’t flow into one counter in isolation for long.

Some names in the sector are clearly ripe for accumulation right now. The smart play is not sentiment — it’s alignment with structure, sector volume, and momentum confirmation.

Follow the updates. Align with strength. Accumulate wisely.

Loco you know some of these insurance companies will definitely not be able to recapitalize. What if I buy Royalex and the company doesn't make it and close shop?

mikeapollo:
Please remember Abacha ooo.
We still love and need you in NGX for many decades to come.

Thank God you warned him, I am a witness here, before he will go and take enhancement drug to impress ogbanje at his age.
Na on your manhood we shall stand... We go sing for him.
Agba please repent hell is real o!
And heaven is real too!

Agbalowomeri:
She is fasting

Agba the mummy wa's mouth piece.

IamR:
This is not true. They are two different peoples. Palestinians are Arabs.

I seriously doubt if the name 'Arab' depicting a group of people or tribe was already in existence during the bible days. I haven't come across that name in the bible, I stand to be corrected though.
However, if Gaza belonged to the Philistines in the bible and belong to the Palestines today why should I be confused about the name. It is easier to change the name than to change the ownership of the land.

Agbalowomeri:
You see human beings especially from this part of the world with religious nonsense

You support Tinubu with the same kind of strength (prayer) here even when someone like me who have lived in Northern Nigeria before still wonders how the poor peasant farmers there who struggled during prosperity (Jonathan) are surviving the hyper inflation (Tinubu).
So we all support evil sometimes but in different ways and manners, that's very unfortunate though.

SonofElElyonRet:
Your problem is that you refuse to consider the origin of the conflict. You are biased. How many times in the past has Israel offered a 2 state solution that the Palestinians refused? Go check your history dude! Yasser Arafat refused and it's always been like that. They want to take over the whole of Israel. Do you even know what "from the river to the sea, Palestine will be free" means Israel has been attacked several times by joint Arab forces (go check your history). The charter of Hamas calls for the destruction of the state of Israel. Even from childhood and in their schools, children are taught to kill Israelis. It's part of their curriculum. Indeed it is a command to kill Israelis but moderate Muslims do not follow this. It's in the Quoran! Many that follow this believe it is a divine command that they have an obligation to fulfill. You talk out of ignorance. Before the state of Israel there was no state of Palestine. The territories now forming Palestine were under Jordan and Egypt... The state of Israel is just a small strip of land and still they are being told they have no right to be there. Have you watched the video of the October 7 attack and how ordinary Palestinians celebrated. One attacker even called his mother and father to tell them he killed a jew and the parents said they were proud of him. Israel is facing an existential threat and Iran is the arrowhead and sponsor, fighting a proxy war through Hamas Hezbollah Houthis and Shiite militias in Syria, Iraq etc.. stop arguing blindly!

I don't think it is true that Palestine did not exist ab initio, if you read the book of Exodus-Joshua properly you will discover that the current Palestinians should be the Philistines which God warned the Israelites to annihilate completely from the land when they take over the promised land and that if they don't they will remain a thorn in their flesh Exod. 23:33, Numb 33:55-56, Joshua 2:3.
And Gaza was specifically mentioned as a land belonging to the Philistines in Joshua 13:2-3, Zephan 2:4-7.
In fact it was clearly stated that Sampson was imprisoned in Gaza by the Philistines Judges 16:1-21.
So there's no confusion about who are the Palestines, if you read the bible account they were the popular Philistines that has never allowed Israelites to drink water and keep cup since time immemorial. Whatever they are doing now is just a continuation of the war. If you read the bible well Palestinians have done more of whatever the Israelites are doing to them today in the past so I no dey watch their current movie, who ever has more power should win. But the war will never be over.
God warned the Israelites to conquer them clearly but they listed them as part of the land yet to be conquered in Joshua 13:2-3 so that war will be endless.

ositadima1:
Please show me proof, at least links to news articles, that the government is actively killing civilians in southeastern Nigeria.

Please are you sure Ositadimma is your name or just a pseudonym, honestly I just asked I mean no harm.
Because if that is your real name no matter where you live on planet earth you should be aware that thousands of civilians have been maimed, killed or wrongly tagged IPOB and 'disappeared' out of sight since over 5 years now within the South East communities. You don't know this but you are interested in Palestine?, sorry.

LOCO the way I am seeing almost 100m orders X 10 on FTGINSURE bids it seems your brothers (WHALES and SHARKS) want to take over the stock and begin to toss it around afterwards?

Stockpromoter:
What the Market Expects from Japaul Gold & Ventures Plc to Overpower the Whales — Otherwise the Whales Stay in Control

Right now, Japaul is in a liquidity-driven phase. The large free float gives room for aggressive accumulation, sharp rallies, and systematic distribution. If nothing structural changes, the whales will continue to dictate short-term direction.
For Japaul to truly overpower the whales, the market is expecting the following:
1️⃣ Secured and Structured Funding
Gold production is capital intensive. The company must:
Announce fully secured funding
Avoid weak or under-subscribed capital raises
Possibly attract strategic institutional investors
Once strong hands enter, speculative control reduces.
2️⃣ Tightening the Free Float
The wide free float is the whales’ playground.
Management needs to:
Bring in long-term locked investors
Encourage strategic shareholding stability
Reduce excessive tradable liquidity
When float tightens, price manipulation becomes harder.
3️⃣ Tangible Project Milestones Before May 2026
The production timeline is May 2026. Before then, price strength can only be justified by:
Equipment mobilization updates
Processing plant development progress
Verified gold reserve confirmation
Offtake agreements
Recognized foreign technical partnership
Milestones shift control from traders to fundamentals.
4️⃣ Consistent Transparency & Credibility
Clear quarterly updates
Visible capital deployment
Strong governance signals
Mining stocks re-rate when execution is visible, not when sentiment is loud.
⚖ The Reality
If these structural moves do not happen:
Whales will continue to accumulate at support
Push price into excitement
Distribute into strength
Crash back to strong support
Repeat the cycle
Until fundamentals overpower liquidity, control remains with smart money.
Execution is the only weapon strong enough to silence the whales.

Until these are done,no real movement

Stay off for now and allow it to return to where the whales will accumulate for next ride

LOCO the stock promoter, It seems you are this WHALE you now mention 4 times in every page. I thought you are only a Stock promoter I didn't know about this other side of you that you are also a stock demarketer when you want to load.
I beg you people should stop bidding for JAPAULGOLD so that it will fall to Loco's junction. LOL!

PETERiCHY:
OANDO will likely close on full bid !!!

BARGAIN HUNTERS TAKE NOTE!

You have bought OANDO yesterday and immediately started marketing it. Last week was JAPAULGOLD. This business no easy o!

awesomeJ:
It sounds like double standard, cos when NCR rose with absolutely zero fundamentals, rose maybe 300% in one month, Mankind2024 praised it, and all, no body complained. Yet it traded thinly then as well.

I think you are comparing 🍏 with 🍊. Compare apple with apple so that we will have a justifiable outcome. NCR is an old stock that has circulated properly into different hands both whales and retail investors so controlling the price can only work if all holders are in agreement just like FTGINSURE currently. But in the case of ZICHIS only the directors have the shares because of the listing by introduction. Just ask yourself this question, could the price have jumped this high if they listed by public offer? Very impossible because different holders will be happy to sell at different prices e.g #2.05 for quick ejaculators like Loco (LOL!), #2.30 for JIJOISTs like Ginalex, #3 for BILLIONAIRE preservers (deceivers) like Agba or even at #20 for Aradite holders like YMCY. With the picture painted above you can see that there will be liquidity at every junction and as such price manipulation will be impossible.

awesomeJ:
But the suspension isn't yet a conviction to the company, it's to allow investigation.

I would say the company is innocent until investigations reveal otherwise.

@the bolded, the reverse is the case here rather. The directors of ZICHIS are guilty until proven otherwise. If retail investors doesn't have the shares yet after almost one month then who has been pushing the prices if not the holders who doubles as th directors?

yMcy56:
Come to think of it:
Conductor opened door today, did you buy or you picked race? 🤔
Signify ✋ make we know how many of us still dey the bus

Meanwhile, Peter for don rush out, maybe rush back in again when he noticed volume and bouncing back up 😁

** Btw, when PRESCO, SEPLAT and the likes are being manipulated due to HOPE it's called "normal upside" but when supply/demand is playing out in ZICHIS, JP etc.....to Nsempa guru and gugurus, it's called manipulation.....
Make una continue you hear...🙄

Honestly I jumped in on full scale yesterday morning as usual without checking back after I got busy in the office and ended up buying at #4.40 which diluted my 40% profit for the one I bought last Monday to just 19%. It is well sha, we keep watching highest Japaul will do is to hold my money for some months. It will still rise above 5-10km when it fully evolves from stone to gold. Lol! See me trusting Jegede like he is my father.
But you never told us when you left ELLAH accidented bus?

talk2me2:
Zichis on suspension

Thanks to SEC and NGX for restoring the confidence of investors if not people like me would have started seeing NGX as another ponzi scheme.

SonofElElyonRet:
From henceforth I'll be on predatory lookout for listings by introduction
Providus??

Please which broker do you use?

megawealth01:
So cowboys repent? Just like OTEDOLA and TONY 😂

Those two are already in the billionaires club. Jegede, Wale and Chuka want to join the club with gragra, e don hook Chuka and will soon hook Jegede because one has exposed the other and now investors are wiser.
However, Wale's case is different because one order from above can settle his matter that's why I have jumped into his ship to ride until the 'fundamentals' change.

yMcy56:
Pa Emma na senior boss o.
....and it's not an attack on you or anyone, just speaking my own opinion too....with the believe that you understood well how things works in our market.
You all have your points as well.

I won't be surprised if we don't have any such dip in Ellah price as many may have expected.
We have different participants with different views on investing......
Ellah didn't even close on full offer on Friday but, let's see how Mr. Market treats the news......
I rest my case and waka jejely.

🚶🚶🚶🚶

MCY this one you came last last did you wait to exit your ELLAH holdings before talking about it?
You haven't said anything about your own ELLAH portfolio?

Streetinvestor2:
I have been laughing so loud about kpakus as I named it.I cannot believe my eyes from all the deceivers here new position/post on the same kpakus they all ganged up to crucify me in the past.You all should all hide your faces in shame.I don't know how to pretend .

I won't be surprised this week for kpakus to only be seeing offer no bid when the news spread enough and people will be trapped

That is true, nobody is giving it up for street, he was the loudest voice that was exposing Chuka's game including naming it 'Kpakus' now he has been vindicated.
Even though he made me to cautiously buy only 1million units at 3.14 thereby stopping me from exiting with a larger loot sha.

emmanuelewumi:
I bookmarked the page. About 2 weeks 3 days ago you promised to hold Ellah Lakes for the next 5 years.

Wetin happen that made you sell as you claimed?

Oga Emma drawing his pound of flesh.
You wan drag SonofEllyon out like tiger generator.
I don't know you are like this o! LOL!

Lessons learnt, next time don't hype for a cowboy, they hardly change. Those in JAPAULGOLD take note, don't trust Jegede with full chest until he shows working, he is a cowboy too.

chimex38:
Lol.. You feel Zichis has the same plan

Ellah don spoil their market if true

But Zichis seem more of organic growth though.

I beg help me with the new definition of 'organic' it seems the definition has changed. What I saw in ZICHIS has been outright manipulation and not in anyway related to organic. From #1.99 to #15 within 3 weeks with daily maximum growth without any fundamentals or serious expansion news. Get your funds ready to buy public offer very soon at #18 or #20.
If they no born them well let them add right issue to the offer let me see if the stock brokers that crossed the manipulation will buy their rights.

emmanuelewumi:
I doubt if insiders bought the offer.

The problem with the stock is that most of the shareholders did not buy the public offer, they only want new investors to buy the offer at the inflated price

In other words, this ELLAH's misfortune is waiting to befall ZICHIS when they will come to raise their own funds with manipulated share prices too?
A company that generated just #400m revenue last business year is now worth almost #11b just because they listed on NGX.

Awesome, CrownPrince and Street investor una no go come make we contribute #100m each to start a farm business and bring it to NgX after 2years so that we blow the valuation to #15B and cash out sharperly

megawealth01:
JAPAULstone 😂

JAPAUL don dey graduate small small and metamorphosis from sand to stone no be small chemical reaction.

SonofElElyonRet:
My stockbroker told me there's over 200m bid

You call manipulation a rally?
For the health of NGX going forward and the security of our funds I think all of us should be against this ZICHIS nonsense strategy. Should this continue every new company will be listing on the floor by introduction and move the price by 2000% before any other investor can get 10000 units.

Please how many units were you able to buy at any price below CIrca 11.90?
Even buying at the price I mentioned means someone sold ZICHIS FUTURES to you at 500%.

[quote author=KarlTom post=138529523]Actually, it's a case of overdoing yourself wrt ELLAH.
If they had opted to raise ₦100bn instead of ₦200bn, they would have had an oversubscription which would boost investor confidence but they shot themselves in the foot by not starting the mill...

Gold is a different ball game entirely
[/quo

Note that people that behave like Chuka doesn't give up, now that this move has failed he will soon re-package the mill and bring out the video of ongoing production. That will be the next sustaining news. But I don't see the price going back to #6 as Oga predicted.

emmanuelewumi:
Ellah Lakes will go back to N6.00.

I don't know the new content that the content creators managing the stock price can do to prevent this from happening

Thank God I have exited most of my loot previously @11.60 and today @12.90.

Thanks to Chuka Mordi, it was good doing business with him.

emmanuelewumi:
Could not raise 25% of what was needed

Chuka thinks everything can be manipulated. He should have raised like 35% of the funds through right issue at discount to existing investors and appeal passionately to existing investors to flow with him while opening the remaining 65% to the open market. That way over 50% of the funds could have been raised in which case he could have looked for institutional investors to complete the deal.

keemson4:
You can trade binary with me.. and that 2 month 500k is realistic

If Binary can make such money why do you need him to join to trade on it. Why not just go straight and tell him how to do it without contacting you? You are only asking him to contact you because his #150k is your next Binary profit

zendi:
And the exiting smart money could be none other than Agba himself, laughing at us here, that he is not making money.

Impossible is nothing.

I am a natural detective, and very suspicious by nature.

Sell give me today oo, abeg.

If Agba is not in the market what then does he come here to check everyday? Believe him at your peril.

ojeysky:
Even Zichi that we only got listing news of is not yet tired at 15+, 5 naira may be too low for JP at this momentum. I think accumulation will continue through the month unless negative update shows up.

Please how many units of ZICHIS were you able to buy before Circa 12? Also how many units of ZICHIS are in free float? (Almost zero)
So please compare wood with wood not iron.

PETERiCHY:
Point of corrections

Japaul IPO was done at #5.00k per share around 2005/2006


BARGAIN HUNTERS TAKE NOTE!

You may be right, I don't think I can still remember the amount I paid, although I only bought a little.

Please can someone remind me again how to dematerialize share certificates to turn them to digital units into my account? I don forget o!
If I just scan the certificates to my stockbrokers can they handle it plug and play without my involvement afterwards?

I have the following in few thousands
ABC, DAARCOM, WAPIC, JAPAUL OIL and Gas.

SonofElElyonRet:
Never sold that low. I ought 1.70-1.95 on the floor then sold 2.40 or so out of depression for losing Oando at N29 to "Oando don cast" campaign then rebought when I recovered at N2.40 thereabout

Ok, the price the commenter quoted made me think it was the old Japaul oil and gas