NewStats: 3,263,466 , 8,180,216 topics. Date: Friday, 06 June 2025 at 04:17 AM 363047

crownprince2017:



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.

More over, some of the palms have started bearing fruit based on last report, milling machine has bought n installed m sure by the end of q1 the palm trees should have beared more fruit to generate cash flow.

yMcy56:

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.

They might need to poach some experienced hands from Okomu and Presco, they have more of finance people on board.

My opinion though


By the way do you guys know that Ellah Lakes is as old as Presco and Okomu

What is driving Afripud #31

crownprince2017:


More over, some of the palms have started bearing fruit based on last report, milling machine has bought n installed m sure by the end of q1 the palm trees should have beared more fruit to generate cash flow.

I wish them the best.

I am a risk averse investor but can also be very daring when the figures, growth and price are too good.

emmanuelewumi:
They might need to poach some experienced hands from Okomu and Presco, they have more of finance people on board.

My opinion though

By the way do you guys know that Ellah Lakes is as old as Presco and Okomu

Boss ELLAHLAKES is an old name, but someone like me have not for once check out what they're doing before or presently.
I believed I'll do that once the time is ripe.

Will be interesting to do some diggings on the company and learn more from your Excellency sir. 😊

Like you said, if they're able to poach some best hands from rival companies, they'll do well.

emmanuelewumi:




They might need to poach some experienced hands from Okomu and Presco, they have more of finance people on board.

My opinion though



By the way do you guys know that Ellah Lakes is as old as Presco and Okomu

They were into fish farming before but militancy issue in naijadelta made them to close shop is not as if they run into loss..

I know about fishing to a larger extent, just a single drop of ganmole in your pond you are in big debti believed folding up was the best decisions that time..

They faced the same issue okomu is facing right now, if okomu were to be doing fishing with the problem they face from those guys, they would have fold up since.. fishing is a very risky investment though very rewarding.

mikeapollo:


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.

Saying those words are not the bone of contention but saying someone "gate-crashed" into Aso Rock is synonymous to a common ridiculous rhetoric.

yMcy56:

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

I have missed your Posts ooo. Welcome back Mcy

ositadima1:
My own be say from January to December you be amateur, you don dey this market my nephew enter JSS1 come out, now she dey 4th year, u still be amateur. Nawo for you o, when will you finally graduate nah, all your mates done move o, to next level, Ok nah.

😁😁
Na you Sabi, I still be learner ..

FIDELITY as at now.....
@21
What's cooking?

essentialone:


Fidson should be a N25 stock.

FIDSON finally crosses KM 20. Heading to KM 25 soon?

yMcy56:

Boss ELLAHLAKES is an old name, but someone like me have not for once check out what they're doing before or presently.
I believed I'll do that once the time is ripe.

Will be interesting to do some diggings on the company and learn more from your Excellency sir. 😊

Like you said, if they're able to poach some best hands from rival companies, they'll do well.

For now no figures to work with, digging into the company now won't be palatable at this point in time. Let us give them time to see what they can do and will do

Presco and Okomu have Indian, Belgian and other foreigners managing the farms for them

essentialone:


UCAP rushing up. Now at N22.95

Seems some people have seen the result ahead of us, and are loading up. Should I buy UCAP now?

UCAP crosses N23. Heading to N30?

Xidget:
What is driving Afripud #31

This Afripud like joke like joke

Payunsin:
Cham shackles don dey release small small

Next week go sharp
Km3 by next weekend.

Locotrader:


Next week go sharp
Km3 by next weekend.

Insha Allah

essentialone:


UCAP crosses N23. Heading to N30?

Make UCAP just follow in brother ...Afriprud
reach 30

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

The standard farming practices is to plant food crops with cash crops in the initial stage, as a form of protection for the cash crops and as the cash crops grow, you stop the mixed cropping.

Xidget:
What is driving Afripud #31

We are moving speedily 😘

Any wapco news? E want move

Mpeace:
Any wapco news? E want move

Emir01:



Saying those words are not the bone of contention but saying someone "gate-crashed" into Aso Rock is synonymous to a common ridiculous rhetoric.

So you think it is right for someone's father to be insulted because of a ''common ridiculous rhetoric''?

''Gate-crash'' in this context is neither an accusation nor an insult. It only means that some has benefited by exploiting the weakness or loopholes in the system.
Many have ''gate-crashed'' into event centers, lecture halls, commuter buses, theatre halls etc. when the security system at the entrance/gate failed! The people may later pay the right entry fees but, this time, they are already seated inside the hall or bus.
In this particular instance, ''gate-crashing'' means that he became president but he did not win 50%+ of total votes cast because the weaknesses in the Nigerian electoral system allowed it (the normal thing is to win 50%+ of the votes as obtains globally).
But the reaction was to insult my father who did not campaign for any public election, and who has not implemented any policy that has inflicted so much economic hardships on the innocent poor masses of this nation, and even on the capital market where we seek to invest and make some money.

emmanuelewumi:
For now no figures to work with, digging into the company now won't be palatable at this point in time. Let us give them time to see what they can do and will do

Presco and Okomu have Indian, Belgian and other foreigners managing the farms for them

Well said sir.
Thanks.

Forgot to add that figures may not be all in all for the short termers or some long termers....
Other things comes into consideration. 😊

Willie2015:


Make UCAP just follow in brother ...Afriprud
reach 30

At current price, UCAP is trading around #69-#71 considering the share bonus.

Mpeace:
Any wapco news? E want move

Me too is curious. I wan load am.

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.

When did you start talking like this??

With so much hesitation, I caution:

@21, that which has happened to Fidelity is nothing but a fluke.
For, in the fullness of time, the balloon will burst!

Be warned!

yMcy56:
FIDELITY as at now.....
@21
What's cooking?

ProphetUtuocha:
With so much hesitation, I caution:

@21, that which has happened to Fidelity is nothing but a fluke.
For, in the fullness of time, the balloon will burst!

Be warned!

Fidelity is doing capital raise pumping. 73billion OS no be Small dilution.

SonofElElyonRet:

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

I laugh! Election? What is my business with who wins the election?
Peoples' lives, wellbeing, future prospects, education, career etc are been jeopardized by bad economic policies.
Savings and investments have been eroded due to his terrible economic policies. Many have lost foreign school issions or cannot continue because of currency devaluation etc.
How can we be talking about investments and be oblivious of the effects of govt economic policies which ultimately determine the direction, flow, value and fate of investments, in both capital and money markets.

I criticize him because of his display of arrogance and show of no remorse for the suffering he has inflicted on the nation..

In this market, just buy a good number of fundamentally sound stocks and exercise patience.
Any stock moves. Speculating on a particular stock is a waste of time.
Experience has been proving this.