NewStats: 3,260,907 , 8,172,885 topics. Date: Wednesday, 28 May 2025 at 12:21 AM 3b2k3z

crownprince2017:


Is oando profit more than debt _ no

Is oando asset more than the debt - no
Is oando shareholders fund wiped out? Yes
Did oando need re capitalization- yeah
What are the causes of oando debt-bad
management
Is oando changing business - no
So where is the yeye FA?
Is Ellahlakes changing business -yes
Is Ellahlakes debt more than asset - no
What are the causes of ellahlakes debt- investing in palm trees n land banking
Did ellahlakes need recapitalization-no
What FA does oando has right now, are you sure you even know what FA is?
We in ellahlakes accept we are investing in hope which you said it's not a strategy that you must see it physically, where is that physicality in oando now.
I no need sabi anything than knowing how to make money from the market. Na una sabi all with hope and prayer analysis..

Lol
Oando clearly has more assets (over 1 billion barrels in oil reserves) than debt.
Just multiply 1billion barrels by price of crude, the exchange rate (even in discounted present values) and compare with the value of their debt

Haba na, please we are better than this. Are we not making profit from the market that we are this angry.


And to top it all, dividends are coming o.
Mbok let's desist from negative vibes

essentialone:


I dont need to quote any source. I am not writing a Project or a Thesis that needs your approval. If the information is okay for you, use it. If the information is not okay for you, then you can go to grave and meet your unfortunate father and mother.

Ding! ...

Why people blood dey hot today ? Please, let take things easy and let there be decorum. The use of foul language will not achieve anything. I am even ashamed at the type of language we are using here. I know most people here are adult and should find a way of restraining there tongues.

I need clarity house, fidelity paid 80k interim dividend last year and with their new outstanding shares, what can they possibly pay as final dividend considering their increased OS from right issues?
What is the book value?

UBA's dividend was rights issue motivated. I also dont see them paying anything good but I dont trust Access at all.
I think it would be Zenith, GTB, UBA and Access in order of yield

Mpeace:
I have more hope in access dividend than UBA. UBA paid too much as interim. It may affect final dividend

mikeapollo:


@Megawealth, @ KarlTom, @ SonofElElyonRet et al

Thank you for your wise counsel and advice to our neighbours.
The thing pain them too much. Truth is truly bitter and hurts.

But don’t be surprised if they fail to heed your good counsel. What do you expect from people who see a person in power as their demi god who cannot be criticized, all just because he is rich and now a president, or maybe because they eat from the crumbs dropping off his table. Even more successful presidents of bigger nations are criticized on daily basis.
They do not have superior facts to engage in any meaningful intellectual debate, so they use gutter language and insults to defend a clearly clueless and grossly incompetent president, govt. or political party.
They do these things apparently due to lack of responsible parental upbringing, poor education and training, sheer indiscipline and incontrovertible ignorance.
Hence, they make themselves useful idiots for the benefit of politicians and political parties.
Any person that becomes president but did not win majority (50%+) of all votes cast, has only gate-crashed into the presidency. Worse still, he has inflicted unprecedented economic hardship and increased the incidence of poverty on the innocent citizens of this country like never before.

Tinubu is a complete failure and a disaster! A million insults will not change the economic realties of the masses.

I won't respond to further loose talk from any of them on this issue!

For the sake of clarity my comment applies to both of you. Your vituperation against Tinubu is wrong. Make your point without insults

SonofElElyonRet:

For the sake of clarity my comment applies to both of you. Your vituperation against Tinubu is wrong. Make your point without insults

How did I insult Tinubu? I only said he is clueless and incompetent.
These are not insults, they are my judgement of his performance in govt. We should not mix the two.
I did not say he is foolish or stupid or mad or drunk.

Tinubu himself called Goodluck Jonathan (a sitting president) a drunken fisherman! Did you see or hear anyone from Jonathan's camp or PDP insulting or attacking Tinubu for that?

The president's work is not for those who are not tolerant to criticisms.
For the first time in recent history, Nigerians had to demonstrate against unprecedented economic hardship, suffering and cost of living crises. All those Nigerian masses cannot be wrong.

Thank you though for your very wise and responsible intervention. Well appreciated.

Any news on my Updc, I bought it as a trader n it was on full bid yesterday n naw.
Another jackpot

mikeapollo:


How did I insult Tinubu? I only said he is clueless and incompetent.
These are not insults, they are my judgement of his performance in govt. We should not mix the two.
I did not say he is foolish or stupid or mad or drunk.

Tinubu himself called Goodluck Jonathan (a sitting president) a drunken fisherman! Did you see or hear anyone from Jonathan's camp or PDP insulting Tinubu for that?
The president's work is not for those who are not tolerant to criticisms.

You're sick a n*nentity, nobody has ever been criticized, maligned and run a full propaganda against in d history of Nigeria like Tinubu. Tell your papa to gate-crash like Tinubu fo*l. Your wise and brilliant father should be able to do that without any obstacle. If you can fire at Tinubu who's above you and your entire generation in all ramifications who are you that can't be called into order.

Agbalowomeri:


Like CADBURY & TRANSCORP kee you

SOME of us are currently sitting on 90% PAPER PROFIT on CADBURY afterwards we divert our LOOT to NASCON.



BARGAIN HUNTERS TAKE NOTE!

Sovereign Insurance, UPDC, and WAPIC on Full Bid...

mikeapollo:


How did I insult Tinubu? I only said he is clueless and incompetent.
These are not insults, they are my judgement of his performance in govt. We should not mix the two.
I did not say he is foolish or stupid or mad or drunk.

Tinubu himself called Goodluck Jonathan (a sitting president) a drunken fisherman! Did you see or hear anyone from Jonathan's camp or PDP insulting Tinubu for that?
The president's work is not for those who are not tolerant to criticisms.
For the first time in recent history, Nigerians had to demonstrate against unprecedented economic hardship, suffering and cost of living crises. All those Nigerian masses cannot be wrong.

The fact is we are all divided along political, tribal and religious line. Making a derogatory comment about Tinubu will be met with backlash from people that align with him in ideology or tribe.

The more we are sensitive to this, the better if we don't want a backlash

mikeapollo:


How did I insult Tinubu? I only said he is clueless and incompetent.
These are not insults, they are my judgement of his performance in govt. We should not mix the two.
I did not say he is foolish or stupid or mad or drunk.

Tinubu himself called Goodluck Jonathan (a sitting president) a drunken fisherman! Did you see or hear anyone from Jonathan's camp or PDP insulting or attacking Tinubu for that?

The president's work is not for those who are not tolerant to criticisms.
For the first time in recent history, Nigerians had to demonstrate against unprecedented economic hardship, suffering and cost of living crises. All those Nigerian masses cannot be wrong.

You can not say with objectivity that Tinubu is clueless! You might not agree with his policies but he is most definitely not clueless and incompetent!
I guess you and Emir are a perfect fit!
NB. I am Yoruba but ed Atiku in the last election so it's not about tribe or party

essentialone:
Dividend lovers, it is time for Dividends once again. You should buy now some of the 10 Companies that pay the best dividends. They are, in the order of priority:

1. UBA BANK
2. FCMB BANK
3. ACCESS BANK
4. ZENITH BANK
5. GTB BANK
6. STANBIC IBTC BANK
7. DANGOTE CEMENT
8. UCAP
9. TOTAL
10. CORNERSTONE INSURANCE

This your "Order" is not in Order of Priority in my layman's view....even though they are all good dividend payers, including few that wasn't on the list...

ZENITH should be number 1 going by this list.....and going by the Final dividend payments as well as dividend yield......
Although this may be altered this year sha.

FIDELITY may displace ACCESS in of best dividend if care is not taking by ACCESS

jp130:
Haba na, please we are better than this. Are we not making profit from the market that we are this angry.


And to top it all, dividends are coming o.
Mbok let's desist from negative vibes

My brother, mbok let him be...
I have corrected him. If he/she likes let him/her take correction!
You can just want to take credit on someone research and hard work
My father and mother groom me well so I won't say anything bad to him

FIDELITY
Above 20 in market.......

FCMB will likely move towards 15...

bolton08:


The fact is we are all divided along political, tribal and religious line. Making a derogatory comment about Tinubu will be met with backlash from people that align with him in ideology or tribe.

The more we are sensitive to this, the better if we don't want a backlash

Fair enough.
All that is required is for those who believe Tinubu has done well to state their case.
For instance, If I say he is clueless, they can say he is a master strategist.
If I say he is incompetent, they can say he has performed excellently well etc.
I I say he is a disaster, they can say he is a saviour etc

But if I say he is incompetent, and the only thing these people can say/do is start insulting someone's father etc. It does not make sense. It only shows they are empty and have nothing meaningful to counter what I said.

Any news on them?

essentialone:
Sovereign Insurance, UPDC, and WAPIC on Full Bid...

Cham shackles don dey release small small

There is possibility of total breakout next week.
Those of you looking for short term gain,consider CHAMS at present price of N2.20.N3 to N3.50 is not a bad cashout for you.

Loco is looking for 700% profit here in 12 months

Sunrisepebble:
What is the size of Ellah Lakes plantation and when should we expect maturity of the palm trees?

The way I see it right now, this is my own opinion o, I don’t see the point investing in it based on speculation when the gains will be marginal due to no productivity.
I will wait till the result is not empty and they start producing, at best, I will miss out on two or three days of full bid and +10% before it becomes available

Also planning to go into different things at the same time, this is not good for a starter.

Going into piggery, rice, cassava, maize, soya beans cultivation and oil palm plantation.

This looks like a recipe for a disaster

SonofElElyonRet:


You can not say with objectivity that Tinubu is clueless! You might not agree with his policies but he is most definitely not clueless and incompetent!
I guess you and Emir are a perfect fit!
NB. I am Yoruba but ed Atiku in the last election so it's not about tribe or party

All that is required is for those who believe Tinubu has done well to state their case.
For instance, If I say he is clueless, they can say he is a master strategist.
If I say he is incompetent, they can say he has performed excellently well etc.
I I say he is a disaster, they can say he is a saviour etc

But if I say he is incompetent, and the only thing these people can say/do is start insulting someone's father etc. It does not make sense. It only shows they are empty and have nothing meaningful to counter what I said.

NB:
I don't want to even mention ethnicity in this.
They cannot cow anyone from criticizing the president. He is a public office holder.

emmanuelewumi:
Also planning to go into different things at the same time, this is not good for a starter.

Going into piggery, rice, cassava, maize, soya beans cultivation and oil palm plantation.

This looks like a recipe for a disaster

Boss, are they not all in agricultural line?

Palm plantation shouldn't affect others in my own view.
Capital and expertise coupled with good management should do here.

yMcy56:

Boss, are they not all in agricultural line?

Palm plantation shouldn't affect others in my own view.
Capital and expertise coupled with good management should do here.

Better to have a focus as a new player in the sector, as you make profit you diversify into other areas.


If not the might end up being a jack of all trades master of none

@Mikeapollo
Pls carry your political sentiments to Politics section.
I haven't read thru what transpired anyway, but I've also observed your hatred for Tinubu before now.

Anything you wanted to post, you're quick to insult and call him names.......your choice, but pls take it out of this thread.
You're indirectly inviting the politics guys here, and before we know it, they'll derail this thread.
Thank you.

At the end of the day, two wrongs don't make a right...

Emir01:


You're sick a n*nentity, nobody has ever been criticized, maligned and run a full propaganda against in d history of Nigeria like Tinubu. Tell your papa to gate-crash like Tinubu fo*l. Your wise and brilliant father should be able to do that without any obstacle. If you can fire at Tinubu who's above you and your entire generation in all ramifications who are you that can't be called into order.

emmanuelewumi:
Better to have a focus as a new player in the sector, as you make profit you diversify into other areas.


If not the might end up being a jack of all trades master of none

Sir, don't you think they should diversify while waiting for the plantation to mature?
I personally don't see anything wrong here.
The company might be a starter but with experienced hands to steer the ship.

mikeapollo:


How did I insult Tinubu? I only said he is clueless and incompetent.
These are not insults, they are my judgement of his performance in govt. We should not mix the two.
I did not say he is foolish or stupid or mad or drunk.

Tinubu himself called Goodluck Jonathan (a sitting president) a drunken fisherman! Did you see or hear anyone from Jonathan's camp or PDP insulting or attacking Tinubu for that?

The president's work is not for those who are not tolerant to criticisms.
For the first time in recent history, Nigerians had to demonstrate against unprecedented economic hardship, suffering and cost of living crises. All those Nigerian masses cannot be wrong.

Thank you though for your very wise and responsible intervention. Well appreciated.

Oga, while we appreciate all your contributions on NSE stock picks, think it is a very bad taste to bring criticism about president, party, elections etc and other not-so-relevant topics here. It inconvenient focused persons on this thread. I believe there is a section on Nairaland for such. FYI, people come here to catch up on NSE, use available hints to fine-tune their investment decisions. The last thing you want to do to them is to distract them and that may be distasteful.

emmanuelewumi:


Better to have a focus as a new player in the sector, as you make profit you diversify into other areas.


If not the might end up being a jack of all trades master of none

What they are trying to do is while waiting for palm which takes minimum of 3 years to start generating cash they can be making money from maiz which is 2-3 months maturity, cassava 6-1 year n rice 4-6 months which are far less capital intensive compared to palm.

The good thing is, investor can easily scout them out n decide on time in of efficiency.

This is not a problem at all. Go and call him whatever you wish to call him on the politics thread. We are focused on making money here.

mikeapollo:


All that is required is for those who believe Tinubu has done well to state their case.
For instance, If I say he is clueless, they can say he is a master strategist.
If I say he is incompetent, they can say he has performed excellently well etc.
I I say he is a disaster, they can say he is a saviour etc

But if I say he is incompetent, and the only thing these people can say/do is start insulting someone's father etc. It does not make sense. It only shows they are empty and have nothing meaningful to counter what I said.

NB:
I don't want to even mention ethnicity in this.
They cannot cow anyone from criticizing the president. He is a public office holder.

mikeapollo:


All that is required is for those who believe Tinubu has done well to state their case.
For instance, If I say he is clueless, they can say he is a master strategist.
If I say he is incompetent, they can say he has performed excellently well etc.
I I say he is a disaster, they can say he is a saviour etc

But if I say he is incompetent, and the only thing these people can say/do is start insulting someone's father etc. It does not make sense. It only shows they are empty and have nothing meaningful to counter what I said.

NB:
I don't want to even mention ethnicity in this.
They cannot cow anyone from criticizing the president. He is a public office holder.

Cos your tone is bitter and highly disrespectful. Election is over. Enough of the bitterness