₦airaland Forum

Princkez:
ELLAHLAKES #14 in the market...any news on extention of public offer?

No extension yet......
Let's see how it goes after 5th Dec first...
ELLAHLAKES @14.05/14.10 in market as at now ....
We don tell those looking for promising companies to align with the stock but na so so stories we dey read here.

Fund Raising Season...
With the Capital Raising exercise coming and still coming up from different angles/listed companies.......from banks to Insurance to Agric and to other sectors of the economy.....

The best bet for the Govt/ JTB (Joint Tax Board) is to suspend any acts that may jeopardize this for the companies if they really meant well for the companies/Nigeria.

** However, this thread has digressed from its initial purpose........Stock Picks Alert to Politics, why na?
We hardly read more of stocks again.....
Sometimes I'll login and just log out back....

** Please, all concerned Politicians and politics discussions should be directed to the appropriate section. Na beg we beg una o. 🙏

FBNH
Huge cross deals of 60M units @N31 again today....
Valued @N1.8bn
Something seems to be brewing here..
I don't think it's the RI alone, the RI price may be higher than we'd expected.....
Huge bids on queue too......
45M bids Vs. 3.7M offers.....

** They're deliberately keeping the price down for now......possibly to get their fill complete...

CHAMPION BREWERIES
Needs to move the floor price above the RI price of N16...
We see how they achieve this in coming days...

GT
Huge cross deals.....
N3.5bn spent so far on transactions.....within 30mins of market's opening....

CHAMPION BREWERIES
Commencement of Rights Issue....
Price: N16.00
Launch Date: 25th November, 2025
Closing Date: 5th January, 2026

https://doclib.ngxgroup.com/Listings-site/corporate-disclosure-site/Documents/Champion_Breweries_Plc_Commencement_of_Rights_Issue_.pdf

ACCESS really collect today.......
Lots of dumping and picking @20.50..
It is well.
Make we go rest for the weekend....
God spare us pass next week again IJN. 😊

** Btw, at what Junction is Peter waiting for ACCESS again?
Seeing it @20.50 now, e for don shift goal post again, maybe to 10 or 5...

Despite that some of these stocks are shedding, the kind of money trooping in, and the type of bids surfacing and resurfacing....did not point to a bear market...

More billions picking stocks.....

Huge bids in some of these stocks......UACN, FBNH, ACCESS, GT, ZEE, etc..
* UACN: 26M bids against a paltry N1.2m offers
* FBNH: 24M bids Vs. Around 3M offers...
* ACCESS: Lots of picks @20.50 despite the dumping by whosoever it is..
** A lot of intra price defence in some.....even in OANDO @40..

Wetin dey happen?

What actually is holding FBNH down?
Huge bids against offers for the past weeks now....
Maybe Otedola is not done yet or looking for the right time to hit the market who knows...

Streetinvestor2:
like I said na side ways trading go dey happen. Then mega bull in December to pump price up for 1 jan

It's low volumes we are witnessing so far.....
Cautious trading (buying/sell off)....and big Caps aren't shedding....
Market might just be waiting for the next line of action from the Finance Ministry or the tax people ..

PETERiCHY:
SOFT REMINDER 🎗️
BARGAIN HUNTERS TAKE NOTE

You're looking for bargain by all means...
Hope you won't run or keep shifting goal posts if at all it presents itself...
As it is now, no one can categorically say this is the direction market will take.....
Just cautious and sideways trading generally in market
*If implementation of the CGT is suspended, bull will likely resurface....
* This is just my opinion.

Erniemax101:
I hope nothing happened to ASOSAVINGS again, don't know why it is not trading

Suspension.....
ASO is planning restructuring of shares at 3:1 (3 shares becomes 1) to reduce the OS....
Then raise fresh Capital
Also, 2025 results, Q1-Q3 are still outstanding, they needs to submit up to date..

Streetinvestor2:
Just sell the two and have peace

😁😁
Na good answer you give am..
See as he just jumped to conclusion about the CGT...
The minister said they'll look into it and come up with what's best for Nigeria...
We should at least see what they're coming up with in terms of reduction in the %, or total suspension first..

* What we are seeing in ARADEL is more of cross deals.....accumulations probably...

VFDGROUP
Insiders started buying back as RI closing date is getting near...
They were able to keep the price above RI price at least....

https://doclib.ngxgroup.com/Financial_NewsDocs/247_NGX_INSIDER_DEALING_DISCLOSURE_FORM-CHINENYE.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/247_NGX_INSIDER_DEALING_DISCLOSURE_FORM-SHAKIRU.pdf

Heavy cross deals in ARADEL @706.60...

Meanwhile, Nigeria's inflation rate drops to 16.05 in October
https://nairametrics.com/2025/11/17/nigerias-inflation-rate-drops-to-16-05-in-october-2025/

Streetinvestor2:
He should wait for agba to come give him his entry price..lol

Lol
Agba will be like 100-150 junction 😁

The issue with the stock is profit takers.....
Maybe the FYE report will propel it forward the more......if the result is fantastic again.

[quote author=Amgreatgal post=137503956][/quote]...

ARADEL no doubt is a great stock from the analysis done and in the positive developments in the company so far....
The short term is the issue, looking at how this market behaves sometimes .
If it's six months, I think maybe you still keep eye on the price movement to get it at much cheaper bargain than present price....... should the opportunity present itself.

Amgreatgal:
Good day @ sis ymcy56
Pls is Aradal good to buy at current price for short term. Thank you

Try and define your short term....

For me o, I can't buy ARADEL at current market price.....

We have the ARADEL gurus here, maybe they'll have better advice for you if you define your short term projection.
Oga Emma is your best bet here. 😊

**Edited**
I got how to do the calculations.
Thks

Agba in hot seat 😁

Streetinvestor2:
I disagree. I am not ready to give shishi to this government. I can beat the 25% cgt.U are saying the one that will favour u. As a long time investor I will protest

If it's 1%, I also believed it will make more money for the govt because people won't even mind or bothered about it.

UBA just vexing anyhow....
- Even when they declared juicy interim dividend last year, the rally only lasted for a day.....
- @42.15 full bid today.....for the second day..
- It was too battered during this CGT bear time..

Streetinvestor2:
I dey wait for him to come shame himself in the future...lol

😁

Streetinvestor2:
Oga agba the content creator of this thread. You TA tools don fail u again..lol
I no dey see ur content since morning. The market is heading back to that una yeye ASI for 150k.Just keep ur money and come back after 2027 election

For peteru I hope u bought more dollars today...baba way sabi lie

😁😁
Peter will still come and tell us how he loaded up yesterday

HesInMe:
That's not the role of the SEC when it registers new securities (like new public offers).

Whatever you think of Ellah Lake's prospects, you should definitely not read from the SEC's approval of the offer that the company can attract the desired funding.

I disagreed with this.
Are you saying any listed Company can just come up with any fund raising amount, push it to SEC and SEC just approve it without carrying out proper evaluation of the capabilities of such company?

If this is so, why did same SEC refused the merger of Dangfoods because of Dangrice??

Is one of the role of SEC not to protect investors and investors funds?

Streetinvestor2:
Have u ever seen a listed company approach regulator that they want to raise fund and it was denied.
Are u buying the PO so that we know u have solidarity for the company. I want to know whose money good to enter bush...lol
Strategic investmentor will not come through PO.It will be PP now...haba

Oga Street twale sir
You know say I be amateur, I fit no get answer to these your kwesions 😁

Meanwhile, is ARADEL also coming to the market?
The way they're pushing the SP though....
Or shey na you moneybags dey buy am? 😊

Also GTCO, the funds exchanging hands there though!
N7bn so far.....
Are they selling, buying or cross dealing?

nosa2:
NYou don't need to be a genius to know that the strategic investor is the company they are acquiring. This has been obvious to me for a long time

Well said sir.
Me, I no get energy for arguments
Na wetin I hear, na im I talk..
I don talk say na hearsay, I'm not a management member to say whether it's true or not.

emmanuelewumi:
I am not sure they can raise the almost N250 billion

Impossibility is not in the dictionary of this market sir. 😊

The confidence with which ELLAH is going about this, and the fact that SEC approved the fund raising exercise shows there must have been some DD carried out that the company can achieve it, even if not all, at least, a larger part.

Some rumours have it that there are strategic investors on ground to pick up the offers...and that ARPN has strong footing......na hearsay oo.

We see how it goes anyway .....
Wishing ELLAH success in the fund raising program and growth expectations.

jonnysessy:
The matter don enter aluta continua

Much pressure on Finance ministry from different quarters...
Wrong timing for their CGT palaver....
They want to grow Trillion economy and bringing anti-progress measure, how will that work?

Meanwhile on Trump matter, FG is in discussions with USA at the moment..

https://dailypost.ng/2025/11/11/trumps-threat-were-in-talks-with-us-nigerian-govt/

Agbalowomeri:
By the time they finish reviewing, ASI will be at 75k

Lol..
Market will soon reverse the shedding
Some stocks dey enter eye today.....
Let's see how this week ends first
Quite some accumulations at some points today.......maybe it was due to Wale Edun's speech before market closed

The worst trading day in 2025!!
Hope something is done to stem this tide soonest....

KarlTom:
Exactly!
Some people who jumped out are already jumping back.
Aside CGT debacle, there's also the fear of missing out...

Honestly, the market looks somehow if you look closely at intraday movements.....

* Not much offers sighted to signify mass exit..
* Buying and cross deals also ongoing.....
* Just trying to understand what's going on...

Agba and geng, abeg allow us chop Christmas rice and chicken in peace o.....
We don't understand this one you're bringing around this time..