₦airaland Forum

Zagee:
Back to 50. drum open at upper 40s

These Oando Jijoists investors won't kee people for this market.... 😁
You all shouldn't forget that they're coming to the market anyway.....
They'll pump the price to their desired junction once ready...
We are just waiting for AGM on 11th and the likely market price for the fund raising....

The bids on offer aren't that much anyway, except panic sellers starts joining....
I felt the company is deliberately doing some things concerning the result, result looks deliberate, they are gamers.....

Agbalowomeri:
Omo Oando dey turn my eyes
I need to drink something make I get clear eyes, then come back

Looks like there's mix up in the report.
Profit of 63bn made in Q2 2025
Hope the secretary self never drink before typing...😁

aj8:
@yMcy56. Your mail did not come through.

I sent you mail almost immediately yesterday sir.
Was wondering if it didn't get to you as well.
I sent another one now.
Pls check if you receive it.
Happy New Month sir!
Thanks for all you're doing for us.
More blessings IJN.

aj8:
Noted. But you know its Berger that's driving the Paint industry higher… there has been rumours of bonuses for a few years now and their dividends ain't bad at all ie for Berger.

Berger and CAP.
Carried out some DD on MEYERS and just wanted to see if it's in line with my expectations...

I'll send you PM pls
You can send it to my email.... first. 😊
Just login to your email and reply the mail.
Thanks. 🙏

Sunrisepebble:
Is it not overvalued at this level. I bought the rights but now I don’t know where the price is going to

That's why we say everything is not about fundamentals alone...
Some forces are moving the stock....
Also enjoying favorable market sentiments.
Fundamentally okay as I hear too.

It's presently @22 in market

EDUECO:
This is one of the disadvantage of small capitalization company.
The company is even a seasonal company.

That what some investors don't consider...
It's seasonal and q1 isn't one of its best season....
If you consider the FYE in March ending, you'll see massive revenue made...

I expect the MM to come in at some point, only that the MM looks so slow, not as active as that of Academy..... If not, they ought to have moved it to N10 before now..
It's well.


Meanwhile, GUINNESS is on fullest bid @117.05!
NB, hope you dey see am so... 😊

Na my LearnAfrica dem put for full offer like this?
People dey para o...
We no dey shake, no be today we dey this market... 😊

@Aj8
Pls help me recheck MEYER common sense target.... Q2 is out.
Thanks 🙏
Let it be favourable o 😁

https://doclib.ngxgroup.com/Financial_NewsDocs/44636_MEYER_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

WEMA overtake FIDELITY.....
Aiming for ACCESS

Who says Common Sense is not working or real? 😁

Princkez:
I dreamt last night..."SEC approves DANGSUGAR,DANRICE and NASCON merger"...nah dream oooo

Lol.
Tell us the truth...... na rumour or dream?
The huge bids in Nascon has been scary for the past weeks/mths...

SonofElElyonRet:
Maybe he's talking share dilution and reduced eps

All these dilution that some people are using to shortchange themselves self.
When the bonus was added, was price not also marked down to deduct the bonus value?
Anyway, anyone is free to go with what works for him/her.....but for me, VFD is a great asset to have, especially for long termers.

That was how we were believed that IB won't deliver because of the dilution...
I know how it was dragged and battered here, while quite some sold it off at N4/N5, but as at today, it was trading well above 13...
One Oga holding unto it for over 3yrs had to sell and shortly after that, Brewery rally started....
I can remember how Mankind held unto it despite all odds, must be reaping the rewards now.
Many roads surely leads to the market......
We all won't view stocks with just one or two parameters alone....some of us looks way more deeper and also check surroundings for inherent values.

BETAGLASS
This one is on another level ...
https://doclib.ngxgroup.com/Financial_NewsDocs/44766_BETA_GLASS_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

CORNERSTONE
A good one from Cornerstone...
https://doclib.ngxgroup.com/Financial_NewsDocs/44769_CORNERSTONE_INSURANCE_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

Effect of Q2 results already priced in for LASACO and SUNU.....the insiders punished them already..
Have little or no downside from CP
I still stand with these two...
Mr Time and news will set the records straight....
NGX stocks don't respond to results alone in all cases.
Meanwhile, SUNU made very good profit in-between.
** Not any form of advice
** More like a response to an inquiry
.E Ku result week o. 😊

https://doclib.ngxgroup.com/Financial_NewsDocs/44740_LASACO_ASSURANCE_PLC.-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/44744__UPDC_REAL_ESTATE_INVESTMENT_TRUST-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

https://doclib.ngxgroup.com/Financial_NewsDocs/44735_LEARN_AFRICA_PLC-_QUARTER_1_-_FINANCIAL_STATEMENT_FOR_2026_FINANCIAL_STATEMENTS_JULY_2025.pdf
https://doclib.ngxgroup.com/Financial_NewsDocs/44385_LEARN_AFRICA_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JUNE_2025.pdf

** Learn Africa proposed 35k for the financial year
end 31st March 2025
** The preceding year bonus of 1:8 registration not yet completed by SEC
Seems they're carrying it over to the new FYE......but with last year qualification date??
** Date not yet confirmed.
** Q1 (Apr-Jun) not peak periods for books/publishing firms

faoogoke:
Dont forget they are raising funds. It may affect their profit.

How will raising fund affect profit?
Or it should rather be another reason to accumulate the shares?

VFD GROUP
This stock is way under valued at CP....
Any long termer should just be accumulating and do siddon look for it to respond at the appropriate time..

https://doclib.ngxgroup.com/Financial_NewsDocs/44714_VFD_GROUP_PLC-_QUARTER_2_-_FINANCIAL_STATEMENT_FOR_2025_FINANCIAL_STATEMENTS_JULY_2025.pdf

SOVEREIGN TRUST
Anyone remember this stock when I mentioned it here for buy?
If no other person does, one oga that I told to buy at 80/90kobo should remember....
Told him he'll sell @2 or 2+....
Today, STI is trading @2.07 full bid in market......

Anyone interested in industrial goods should pick MEYER too....
Insurance: SUNU, LASACO
DD pls.

DANG SUGAR full bid @71.15!!

FCMB shaking body las las....
Trading above now ....@10.20 so far

MTN @450/451

EDUECO:
Learn Africa is better than Academy.

Learn Africa has excellent shareholders funds,but I don't like buying shares of small companies.

Learn Africa is my type of company(excellent shareholders funds);but,it is small capitalization company.

You're right.
Learn Africa is a well managed company and used to trade ahead of Academy before now.
Gave 1:8 bonus last year but the OS is still below 900M even with that...... thus signalling more room for further increase in Capitalization.
Let's see if LEARN will also declare bonus in addition to dividend this fye too.

JAIZ just did buy two get one free....
One heavy seller offloading

NASCON @92....
DANG SUGAR expected to trail it behind.....

OKOMU/PRESCO above 1000...
ELLAH expected to respond to palm oil rally

aj8:
Common Sense Target for International breweries (365 days target) is N33.84 should it maintain the current momentum.

Thanks @Aj8

ACADEMY @11.26 full bid....
My post of few trading days attached......
The medium Outlook may not even be medium again.....but short term...

SohSoh:
yo please share a link of a news article about when this transaction occurred

Check under NGX market bulletin of 5th March..

Here's another link..
https://www.google.com/amp/s/punchng.com/ellah-lakes-converts-n3-1bn-debt-to-equity/%3famp
(Copy and paste inside a browser)

Ellah OS was around 2.7bn or so before...
when 1.1 was added, it came to 3.8bn...

This is Ellah page on NGX, you can do more search under the corporate disclosure

https://ngxgroup.com/exchange/data/company-profile/?isin=NGELLAHLAKE8&directory=companydirectory

ndept:
The question I always ask myself is: If I am the one that invested that huge amount at that very time, will I not make a case for it to be converted at the prevailing share price on the day I invested it.

Once the agreement has been concluded and signed, I don't think it will be okay to want it done at the prevailing price ......
What was the exchange rate that time, what is it now?
Also, if to say the share price had tanked, will they agree to add to the invested fund?
I however think it even pays more that their invested fund has yielded over 200% in profit...
Just my opinion

* One thing I know is that the shares has long been listed on NGX, what's happening now might just be a formality.

ositadima1:
I didn’t listen to the AGM—I’ll do so later. But my question is: are these other guys, like JideFlash and KarlTom, stupid for reporting that the resolution vote happened today? Or is it now the new normal for a conversion that was supposedly done long ago—according to you—to just be getting a resolution today from EllahLakes? The way you defend stocks sometimes is honestly funny. But hey, keep doing you.

Since you didn't listen, aren't you hasty in your conclusion?
I'm not defending ELLAH and if i defend it, well, is it normal to work against something you are a part of or believed in ?
When I'm not Streetinvestor......

The converted shares has long been listed and added to the OS...
Do your search online nah.

megawealth01:
That 2.80 equity/loan conversion sha

Things will unfold in the days ahead

Mega, the loan conversion was done way back @N2.80 nah.......when Ellah was trading at around N3...
I can even remember posting it here....

Whosoever believes in ELLAHLAKES should go for it and wait patiently....
Anyone that doesn't have confidence in the management or the company, then exit door is very open on the secondary floor.
Make dem no start this ELLAH troubles here again o

NASCON @92 so far.....
DANGSUGAR should make us proud too....

PRESCO @1500+
1550 officially..

OKOMU @998 officially.....Up with +N48...

megawealth01:
Talk to me

Oga Mega, na prophetic post jare 😁
They've talked that we just throw posts and numbers anyhow......but thank God, we all can see how Mr. Market takes care of the numbers and stocks mentioned at appropriate time.

chinonsobest:
Same thought I had that made me miss Seplat at N3050
Same thought that nearly made me miss Wapco at N80. Now look at price today.
Thank God I bought at N80.
Bear or bull fundamental would stand the test of time.
Never look back from buying a good fundamental stock
You will surprised Wapco will enter N200

I can't be surprised if I see WAPCO @200.....
It's expected.......but it seems some people are twisting my post on this WAPCO especially, and big cap stocks......
* Let's thank God for the period in which the big caps are responding positively in market and dragging the ASI up...

* Anyone in this market in the past years will understand that big caps hardly move as such, despite being fundamentally great.
* Can remember this same WAPCO, how it stayed glued on one spot for years while others delivering fantastic price appreciation.
* It took almost prayers and going to the mountains before it shook body @N9 and moved to circa 20+ or so....
* From that point also, it took more prayers and doses of patience 😁 before settling @27/30.........before...long after that.... sluggishly it started moving....

** If you follow my posts, you'll know I'm not against WAPCO or big cap stocks...
** I stated my reasons for calling for caution.......and if you or anyone sees that there's no need for it, all fine and good........
* WAPCO is a great stock, it's one of Currentprice's stock pick @9 or so.......and as a staunch believer of his recommendations, I Blvd it's a great stock.
*** For those insinuating that I'm targeting someone here, continue to live in your delusions and hallucinations.....na you Sabi, if my post touched you, you self make correction, no one is an island of knowledge.

Make una no vex for the epistle.