NewStats: 3,265,358 , 8,186,496 topics. Date: Saturday, 14 June 2025 at 03:55 PM 6s5z5j

Palmoil also gained about 20% in dollar this year. That means PRESCO and OKOMU will continue on their growth trajectory with ELLAHLakes perhaps ing them.

toyeoye:
📊 End of Day Market Wrap

📈 Top Gainers:

CAVERTON, IKEJAHOTEL, and ARADEL surged +10%, leading the market rally.
AFRIPRUD followed closely with +9.87%, reflecting strong interest.
📉 Top Decliners:

AUSTINLAZ dropped -10%, while ABCTRANS fell -8%, facing sell pressure.

Track live insights at https://stockbubbles.com.ng 🚀 #MarketUpdate #GainersAndLosers #NGX

Wow AFRIPRUD is about to do a 💯% without any news, seems like most dividend paying stocks are about to rerate. 2025 surely gonna be a bullish year, hold on to good stocks

BabsO2:
Palmoil also gained about 20% in dollar this year. That means PRESCO and OKOMU will continue on their growth trajectory with ELLAHLakes perhaps ing them.

ELLAHLAKES is in a class of its own

Bovis:


Wow AFRIPRUD is about to do a 💯% without any news...

Afrip should sha pay good dividends

Xidget:
Yeah, you are right about that. But it still risky though. You can easily get trapped. Lol
Johnholt & Enisell was manipulated like that too, and now, most people are trapped in them.

Yes I know it is manipulation. I called it out for those who know how to gamble not for someone like me.That was why I said if you are interested in quick 20%..I prefer slow and steady sound stock

megawealth01:
Naira Appreciates Against Dollar At Official, Black Markets

https://dailypost.ng/2024/12/12/naira-appreciates-against-dollar-on-official-black-markets/

Naira at best can only defend current position. All the plenty promises of appreciation in the face of massive borrowings look very confusing as debt servicing takes its toll on govt revenue.

The rate fluctuations will also lure people to save in Usd to preserve value which will definitely cause demand pressure.

babytoun:


Naira at best can only defend current position. All the plenty promises of appreciation in the face of massive borrowings look very confusing as debt servicing takes its toll on govt revenue.

The rate fluctuations will also lure people to save in Usd to preserve value which will definitely cause demand pressure.

We are watching closely

megawealth01:


We are watching closely

I am not even sure the govt wants Naira to appreciate so much now . The illusion of new minimum wage rides on the back of a very depreciated Naira. If Naira appreciate to 1k per Dollar many state govts no go fit even pay salaries.

babytoun:


I am not even sure the govt wants Naira to appreciate so much now . The illusion of new minimum wage rides on the back of a very depreciated Naira. If Naira appreciate to 1k per Dollar many state govts no go fit even pay salaries.

Really...

The so called minimum wage is ridiculous anyways even at an exchange rate of 300/$

Nigeria is too rich for such insult as monthly wage

chunkuli:
So which one do you think they were referring to? My guess is Chams Plc.

eTranzact


NFA

I don't have it in my portfolio.

Top 10 Countries Fueling Nigeria's Economy Through Foreign Investments

https://africa.businessinsider.com/local/markets/top-10-countries-fueling-nigerias-economy-through-foreign-investments-jan-sep/hd06fy1

Trading actually happens between 9:30am and 2:30pm depending on your classification.
A trader can place a bid/offer from 9:30am to 2:20pm.
That 10minutes (2:20PM to 2:30PM) is what I call 'CLEARING PERIOD'...

megawealth01:


Meristem Customer Service just gave me this response...

"Kindly be informed that the stock market opens from 10: 00 am and closes by 2:20pm Mondays to Fridays"

Might be too late...

megawealth01:


I don't even have 1 unit. I'm still waiting for it at bargain entry

I like your choice of words...

BabsO2:
See the last set of trades for our OANDO today

KarlTom:
Trading actually happens between 9:30am and 2:30pm depending on your classification.
A trader can place a bid/offer from 9:30am to 2:20pm.
That 10minutes (2:20PM to 2:30PM) is what I call 'CLEARING PERIOD'...

Well understood now

KarlTom:
Might be too late...

My Oando will cover for it be that

megawealth01:


ELLAHLAKES is in a class of its own

Do you think it’s a wise decision to invest in Ellah Lakes?

bastardson:
Do you think it’s a wise decision to invest in Ellah Lakes?

Megawealth, pls don't advise anyone on ellahlakes before they name you MH.

I still want more at my bargain price.

Everyone should be responsible for their decisions. Stay clear away from dogoyaro in street voice.

YC-backed internet provider Tizeti will become the first Nigerian startup to list on IPO-starved NGX


https://techcabal.com/2024/12/13/tizeti-ngx-ipo/

crownprince2017:



Megawealth, pls don't advise anyone on ellahlakes before they name you MH.

I still want more at my bargain price.

Everyone should be responsible for their decisions. Stay clear away from dogoyaro in street voice.

For now na dogoyaro Farm till we begin see palm oil from the farm
This your bargain price na till infinity. It was close to #4 before and it was bargain price. You for wait till it get to #2 so that you buy majority stake at bargain price...lol

Streetinvestor2:
For now na dogoyaro Farm till we begin see palm oil from the farm
This your bargain price na till infinity. It was close to #4 before and it was bargain price. You for wait till it get to #2 so that you buy majority stake at bargain price...lol

Your wahala too much for wetin no concern or you don't believe in. The same Ellahlakes I loaded it close to 3 n sold at ₦4. Within 3 months. It all depends on how u or want to play your game.
A lot of money has been made from stock fish ooo

crownprince2017:



Megawealth, pls don't advise anyone on ellahlakes before they name you MH.

I still want more at my bargain price.

Everyone should be responsible for their decisions. Stay clear away from dogoyaro in street voice.

I was on their website though, and from what I read, it’s a long term investment.

I don’t see them making profit in the next 2 yrs though. I mean from the palm oil business

BabsO2:
See the last set of trades for our OANDO today

@ Babs02 kindly share the site where you ed mkt activity history of Oando. Also Toyeoye it will be nice to have this type of search platform.

BabsO2:


Cocoa has surged this year in $$$$s more than doubling in price

👌Graph ing the article.

I just think their products are among those not readily exportable in of meeting international standard. It's limited.
(based on general Agric export reports from Nigeria over time )

They shld at least open new frontiers for the exportable old products since devaluation has also made it relatively cheap to buy from Nigeria.

bastardson:


I was on their website though, and from what I read, it’s a long term investment.

I don’t see them making profit in the next 2 yrs though. I mean from the palm oil business

Depends on your objectives.
For trading or investment.
Real investors won't mind waiting for 2 year

I believe you can get that on Morgan iTrade. But you may have to screenshot it. Click on "Trades," then search Oando.

Choiceguy:


@ Babs02 kindly share the site where you ed mkt activity history of Oando.

Payunsin:


Your wahala too much for wetin no concern or you don't believe in. The same Ellahlakes I loaded it close to 3 n sold at ₦4. Within 3 months. It all depends on how u or want to play your game.
A lot of money has been made from stock fish ooo

Your business. I care not what you do with your money. My right to make a post on this thread concerning any stock

Raider76:
I believe you can get that on Morgan iTrade. But you may have to screenshot it. Click on "Trades," then search Oando.

Oh I don't trade with Morgan. thanks

bastardson:
Do you think it’s a wise decision to invest in Ellah Lakes?

I have a huge stake in ELLAHLAKES

Dangote Sugar’s debt, FX, and losses: What is the way out">https://nairametrics.com/2024/12/13/dangote-sugars-debt-fx-and-losses-what-is-the-way-out/

HesInMe:
Help us see what you're seeing. Here's Dangcem's recent progression of EBITDA margins:

FY23: 40.1%, down from 43.8% prior year
1Q: 37.9%, down from 45.7% prior year period
1H: 37.9%, down from 46.6% prior year period
9M: 35.5%, down from 43.8% prior year period

And here's how net debt has evolved:

FY23: N521.3B (gearing: 30.2%)
1Q: N558.8B (gearing: 24.7%)
1H: N915.7B (gearing: 42.3%
9M: N1,050.5B (gearing: 48.6%)

So margins are shrinking and debt is rising. How are you seeing both (I assume) a near-term dividend increase and multiple expansion?

Take a look at the snapshot I quickly put together. There may be errors as I was rushing to finish before watching the new episode of Silo. You’ll notice that while debt is increasing, equity is growing at a faster rate. The debt-to-equity ratio remains well below 100%, and for 2024, the 70% figure represents the first six months. I’m positive that it will be lower by year-end. The blue cell in the corner is where I doubled the equity value to annualize the six-month data. Everything else should be self-explanatory.

megawealth01:


I have a huge stake in ELLAHLAKES

Patience is the key