NewStats: 3,262,902 , 8,178,497 topics. Date: Wednesday, 04 June 2025 at 01:39 AM k6c1d

starpower:
it is a seasonal businesses revenue will decline from next quarter and cost will go up for crop management.

This simply shows you know nothing about the business or you are being economical with the truth.

Q1 happened to be the harvest period of palm oil which means we have being in abundance season of palm oil.

We are just moving to the sarce period, now tell me wat will make the profit to decline.

Warren Buffett says it might be reasonable to buy the currency of other countries apart from USD

emmanuelewumi:
Presco, you will still buy Presco for N2000 per share

Nah! I’ll rather wait for stock split. Truly, Agriculture is a hidden gold mine and that’s why I have been mopping Ellah lakes every month for a long term play.

emmaodet:


In 2014, #2m was $10k @ $1 = #197
If you had invested the 2m in ngx stocks at an average rate of 30% per annum returns (plus dividends and bonuses), that money would be #27.2m in 2024
That #2m will be #40.2m @ 35% average returns in 10 years
The same $10k dollars would have been #32.5m in 2024 @ 7% rate per annum in dollar fund @1,650 per dollar
A 50/50 exposure of your portfolio to naira/dollars investment would have returned between #30m - #36m in that same period.
The basic thing is that a return of minimum 30% per annum on your investment in naira investment will just do fine and a blend of both to be conservative.

This is not what I asked. I'm looking at companies' profit growth. What I'm telling you is that, despite some of these companies reporting massive increases in profit, when you adjust those figures to the dollar value of their respective periods, you’ll realize they actually made less real profit.

Let me explain: suppose a Nigerian company made ₦1,000,000 in profit after tax in 2014. At the 2014 exchange rate of ₦197 per dollar, that equates to $5,076. Now, let's say the company has grown its profit by 20% annually (CAGR). By 2025, that would amount to about ₦7,430,000 in profit. Converted at the current exchange rate of ₦1,600 per dollar, that gives you roughly $4,644. So, although the profit in naira has increased significantly over the last 10 years, the real value in dollars has actually decreased.

Only companies with a compounded annual growth rate above 22% since then would have experienced real profit growth in dollar . But how many companies fall into that category?

So, my point again is that outsized returns aren’t the whole story. We also need to look at real return when compared with stable economies. Going back to your calculation—a foreign investor whose Nigerian portfolio didn’t grow more than 8x from 2014 to date has effectively lost money. Don’t point to the few companies that achieved 20x to 30x returns in share value; we also have many that didn’t. A 2014 investor would have needed to be extremely lucky to pick only the top performers.

Good morning bosses. I want to deposit into Stanbic money market this morning. Will it reflect today?

fashionnisir:



₦100,000 invested at the beginning of the year and how it has performed as at 30th April, 2025:


31 Bought Chellarams Plc - ₦ 213,243.27

NOTE
As of Friday 24 jan 2025 price of Chellarams plc was ₦4.10 each divided by ₦100000
multply by current prices ₦7.90 =192,682.9

32 Bought Vitafoam Nig Plc - ₦ 142,792.56

As of Monday 03 Feb 2025 price of Vitafoam Nigeria plc was ₦32.55 each divided by ₦100000 multply by current prices ₦47.55=146,082


3 3 Bought ETERNA PIC - ₦181,636.18

As of Thurs 6 Feb 2025 price of Eterna plc was ₦31.50 each divided by ₦100000
multply by current prices ₦45 =₦ 144,927


34 Bought Scoa Nig. Plc - ₦216,999.80

As of Thur 14 jan 2025 price of Scoa Nig. plc was ₦2.27 each divided by ₦100000
multply by current prices ₦4.47=₦223,500

35 Bought Presco Plc - ₦165,266.05

As of Friday 3 jan 2025 price of Presco plc was ₦493.8 each divided by ₦100000
multply by current prices ₦785 =158,971.24

36 Bought NNIG. Flour Mills Plc - ₦170,842.50

37 Bought NCR (Nigeria) Plc - ₦132,727.29

As of Friday 3 jan 2025 price of NCR plc was ₦5.5 each divided by ₦100000
multply by current prices ₦ 7.3 =₦132,727.27


These to say that Scoa Nig. Plc performed more than the rest.

I love seeing posts like this that track investment returns, but let’s also be honest about what’s not shown.

This post shows ₦100,000 invested in Chellarams, Vitafoam, Eterna, Scoa, and Presco earlier in 2025—and how they’ve done by April. Some numbers look great, like Scoa going from ₦2.27 to ₦4.47, turning ₦100k into about ₦223k. Chellarams and Presco too, looking solid.

But here’s what’s often missing in posts like this:

1. Selection Bias – We only see the winners. What about the stocks that flopped? For example, Universal Insurance dropped from about 80 kobo to 50 kobo this year. Prestige is down too. Even Dangote Cement isn’t immune to red.


2. Short Time Frame – January to April returns don’t tell the full story. Beta Glass, for example, underperformed for three years. I bought at ₦57 in 2022, saw it drop to ₦36, added more at ₦38—and only stuck with it because the business itself was strong, even trading below book value.


3. No Mention of Risk – Real investing includes volatility, drawdowns, and uncertainty. A bear market will shake people out fast. Many won’t return. And that’s when long-term opportunities actually show up.



So while it’s cool to share wins, let’s also normalize sharing the full picture. This isn’t a “double your money in 4 months” scheme. It’s a long game—and it’s not easy to beat inflation or achieve average returns consistently. The more people understand that, the healthier our investment community becomes.

Why does it feel like people only post their wins? Like losses don't exist in the market? Let’s be real—stocks go up and down. Universal Insurance was around 80 kobo at one point, now it's hovering around 50 kobo. Prestige Assurance? It was about ₦1.30, now closer to ₦1. Even the big guys aren’t spared—Dangote Cement has pulled back too.

People need to understand that risk is part of the game. In a real bear market, a lot of folks will panic and disappear—never to return. But that’s when opportunities often show up.

Take Beta Glass, for example. It underperformed for about 3 years. I first bought it at ₦57 back in 2022. It dropped as low as ₦36—I added more around ₦38. Why? Because I was focused on the business, not the noise. It was trading below book value, and this is a company with monopoly-like strength in its sector.

Consistent, average returns over time aren’t easy. But that’s what real investing is. This isn’t a get-rich-quick game—it’s long-term wealth building, and sometimes that includes holding through the tough seasons.

starpower:
Why does it feel like people only post their wins? Like losses don't exist in the market? Let’s be real—stocks go up and down. Universal Insurance was around 80 kobo at one point, now it's hovering around 50 kobo. Prestige Assurance? It was about ₦1.30, now closer to ₦1. Even the big guys aren’t spared—Dangote Cement has pulled back too.

People need to understand that risk is part of the game. In a real bear market, a lot of folks will panic and disappear—never to return. But that’s when opportunities often show up.

Take Beta Glass, for example. It underperformed for about 3 years. I first bought it at ₦57 back in 2022. It dropped as low as ₦36—I added more around ₦38. Why? Because I was focused on the business, not the noise. It was trading below book value, and this is a company with monopoly-like strength in its sector.

Consistent, average returns over time aren’t easy. But that’s what real investing is. This isn’t a get-rich-quick game—it’s long-term wealth building, and sometimes that includes holding through the tough seasons.

See this as a form of affirmation of your position:

https://finance.yahoo.com/news/anthony-scaramucci-once-purchased-1-160226439.html

ositadima1:


This is not what I asked. I'm looking at companies' profit growth. What I'm telling you is that, despite some of these companies reporting massive increases in profit, when you adjust those figures to the dollar value of their respective periods, you’ll realize they actually made less real profit.

Let me explain: suppose a Nigerian company made ₦1,000,000 in profit after tax in 2014. At the 2014 exchange rate of ₦197 per dollar, that equates to $5,076. Now, let's say the company has grown its profit by 20% annually (CAGR). By 2025, that would amount to about ₦7,430,000 in profit. Converted at the current exchange rate of ₦1,600 per dollar, that gives you roughly $4,644. So, although the profit in naira has increased significantly over the last 10 years, the real value in dollars has actually decreased.

Only companies with a compounded annual growth rate above 22% since then would have experienced real profit growth in dollar . But how many companies fall into that category?

So, my point again is that outsized returns aren’t the whole story. We also need to look at real return when compared with stable economies. Going back to your calculation—a foreign investor whose Nigerian portfolio didn’t grow more than 8x from 2014 to date has effectively lost money. Don’t point to the few companies that achieved 20x to 30x returns in share value; we also have many that didn’t. A 2014 investor would have needed to be extremely lucky to pick only the top performers.

I get your point clearly.
Well, that is why I recommend portfolio management of 1:1 or 2:1 because even though naira investment on average lose real value to the dollar on the long run, we can't afford to ignore alot of juice we can also squeeze out from ngx.

Babygal2020:
Good morning bosses. I want to deposit into Stanbic money market this morning. Will it reflect today?

Please wait till Monday or working hours for any deposit into your investment s.

*Zenith Bank Q1 2025 Financial Performance: A Strategic Overview*

Zenith Bank Plc has unveiled its unaudited financial results for the first quarter of 2025, showcasing a robust performance that underscores its resilience and strategic positioning in the Nigerian banking sector. The Group reported a significant 21% year-on-year increase in gross earnings, rising from N780.62 billion in Q1 2024 to N949.86 billion in Q1 2025. This growth was primarily driven by a substantial 71.5% surge in interest income, which offset the 67.1% decline in non-interest income during the period.

The impressive growth in interest income to N837.64 billion was propelled by elevated yields and a 9.1% year-to-date (YTD) expansion in earning assets. This expansion was broad-based, with loans to customers increasing by 53.4%, investment securities by 113.2%, and placements with banks by 41.4%. Despite a 35.3% rise in interest expenses to N246.45 billion, the bank's net interest income soared by 92.9% to N591.19 billion. Notably, the net interest income excluding loan impairment charges (NII ex-LLE) experienced an even more remarkable growth of 116.3%, aided by an 11.8% decline in loan impairment charges.

Conversely, non-interest income (NII) declined by 67.1% to N89.27 billion. This downturn was attributed to a significant 89.5% drop in income from investment securities and a 2.9% decrease in net fees and commission. However, the bank recorded a remarkable 281.9% increase in foreign exchange revaluation gains, partially mitigating the overall decline. Consequently, operating income expanded by 20.9% to N631.09 billion.

Operating expenses rose by 38.9% to N280.27 billion, reflecting increased costs across personnel (47.1%), AMCON levy (55.6%), technology (66.8%), and NDIC (96.6%). As a result, the cost-to-income ratio, excluding loan impairment charges, deteriorated to 41.2% from 34.9% in Q1 2024. This uptick in the cost-to-income ratio indicates the bank's ongoing investments in infrastructure and human capital to its growth trajectory.

Despite the challenges in non-interest income, Zenith Bank demonstrated commendable profitability. Profit before tax (PBT) increased by 9.6%, while profit after tax (PAT) surged by 20.7% year-on-year to N311.83 billion. However, earnings per share (EPS) declined by 7.7% to N7.59, primarily due to the dilutive effect of additional share issuances totaling 9.67 billion units.

The bank's balance sheet remains robust, with total assets growing by 19% to N24 trillion as of March 2025. Customer deposits increased by 11% to N16.8 trillion, reflecting sustained customer confidence. Gross loans expanded by 30% to N9.2 trillion, ed by strategic lending initiatives and the translation effect of foreign currency-denominated loans.

Zenith Bank continues to maintain a strong capital position, with a Capital Adequacy Ratio (CAR) of 20% and a Liquidity Ratio of 67%, both well above regulatory requirements. These metrics underscore the bank's commitment to prudent risk management and regulatory compliance.

*Strategic Outlook and Investor Recommendations*

Looking ahead, Zenith Bank is poised for sustained growth, driven by its strategic initiatives and market positioning. The bank's ongoing capital raise efforts, aimed at meeting the Central Bank of Nigeria's recapitalisation directive, are expected to bolster its capital base and future expansion plans. Additionally, the establishment of a Zenith Bank branch in Paris, , marks a significant step in its international expansion strategy.

Given the bank's strong fundamentals, strategic initiatives, and market positioning, we recommend an *"ACCUMULATE"* rating for investors. The current market price of N47.50 per share presents a compelling opportunity for long-term investment, with potential for capital appreciation as the bank continues to execute its growth strategies effectively.

Overall, Zenith Bank's Q1 2025 financial performance reflects its resilience and strategic foresight in navigating the dynamic banking landscape. The bank's commitment to operational efficiency, prudent risk management, and sustainable growth positions it well for continued success in the coming quarters.

DYOR

Just for information

emmaodet:


I get your point clearly.
Well, that is why I recommend portfolio management of 1:1 or 2:1 because even though naira investment on average lose real value to the dollar on the long run, we can't afford to ignore alot of juice we can also squeeze out from ngx.

This is purely academic and meant to unmask the devastating effects of devaluation—even though it is hard to see, as it often creeps in very slowly. I’m making this point because, despite everything, these companies still provide value to employees whose families depend on them.

Now, having said that, let's look at GTCO. In Q1 2025, GTCO posted a PAT of 258 billion Naira—very impressive, right? But in dollar , that's about 161 million dollars. Now let's rewind to 2014: their Q1 PAT was 23 billion Naira, which was equivalent to 117 million dollars at the time.

So, over 11 years, GTCO's real profit in dollar grew by only 37%, while in Naira , it shot up by over 1000%. An untrained observer looking only at the Naira figures might be amazed by such apparent growth. But in reality, if GTCO had sold all its assets and invested the 2014 profit in U.S. Treasury bonds at just 4% annually, the returns would have sured this growth with minimal risk.

Now, PRESCO really impressed me. In Q1 2014, its PAT was just 400 thousand Naira. Fast forward to 2025, and the PAT is over 47 billion Naira. In real , that’s a staggering 138% compounded annual growth. This reminds me of the potential in Ellah Lakes. Some so-called experts are bashing the stock, calling it "dogoyaro." Time will tell.

As for me, I only know simple math. And as they say, numbers don’t lie.

ositadima1:


This is purely academic and meant to unmask the devastating effects of devaluation—even though it is hard to see, as it often creeps in very slowly. I’m making this point because, despite everything, these companies still provide value to employees whose families depend on them.

Now, having said that, let's look at GTCO. In Q1 2025, GTCO posted a PAT of 258 billion Naira—very impressive, right? But in dollar , that's about 161 million dollars. Now let's rewind to 2014: their Q1 PAT was 23 billion Naira, which was equivalent to 117 million dollars at the time.

So, over 11 years, GTCO's real profit in dollar grew by only 37%, while in Naira , it shot up by over 1000%. An untrained observer looking only at the Naira figures might be amazed by such apparent growth. But in reality, if GTCO had sold all its assets and invested the 2014 profit in U.S. Treasury bonds at just 4% annually, the returns would have sured this growth with minimal risk.

Now, PRESCO really impressed me. In Q1 2014, its PAT was just 400 thousand Naira. Fast forward to 2025, and the PAT is over 47 billion Naira. In real , that’s a staggering 138% compounded annual growth. This reminds me of the potential in Ellah Lakes. Some so-called experts are bashing the stock, calling it "dogoyaro." Time will tell.

As for me, I only know simple math. And as they say, numbers don’t lie.

I agree with you 100%.
About Ellahlakes, it is a risk worth taking.
Just invest what you can afford to lose or what you can afford to invest in a long time.
If it fails, probably get back 50% of your money back but if it goes as planned, o ma loud gannnn.
From my calculations using TAM/SAM, if ellahlakes goes as forecasted, it will make a lot of naira billionaires by 2035.
A 1m unit now at roughly #3m will likely become #600m in 10 years time @ #200/share.
Imagine collecting a dividend yield of 5% then, that will be #10m per year on a stock bought for #3m

crownprince2017:


This simply shows you know nothing about the business or you are being economical with the truth.

Q1 happened to be the harvest period of palm oil which means we have being in abundance season of palm oil.

We are just moving to the sarce period, now tell me wat will make the profit to decline.

less volume production, i have OKOMUOIL on my portfolio since 2018, had presco in 2020 at N40, added in 2023 at N180. The result will surprise us. My average holding time is 4years. We all can learn together.

Streetinvestor2:
Drop like by how many percent should we be expecting

probably 450 range, the international price kpo is reducing as oil price since quite a lot is used in bio fuel which will affect it demand. Price reduced most times in 3rd quarter then volume in storage very low, rubber price seems to be increasing internationally so could be wrong on my assumptions.

zendi:

You sound sharply knowledgeable in the industry.
Any thoughts or solid info on Ellah Lakes?
It had been a baby stock since Onyiuke/Soludo era that I came into the market.

Am an
enthusiast on investing reading and sitting on my ass behavioral advantage just favour me ni. don't know much about them but would love to visit the farm if anyone can give the exact location or , i don't like inspirational promoter

Harvestock01:


See this as a form of affirmation of your position:

https://finance.yahoo.com/news/anthony-scaramucci-once-purchased-1-160226439.html

yes sir

starpower:
probably 450 range, the international price kpo is reducing as oil price since quite a lot is used in bio fuel which will affect it demand. Price reduced most times in 3rd quarter then volume in storage very low, rubber price seems to be increasing internationally so could be wrong on my assumptions.

Can you kindly provide evidence that biofuel applications for more than 10% of global palm oil usage?


Sectoral Breakdown and Disruption Effects

1. Food Sector (65–70%)

Who uses it: FMCGs like Nestlé, Unilever, PepsiCo; bakeries, cooking oil processors.

Disruption impact:

High sensitivity: A major disruption (e.g., food processing recession or anti-palm oil regulations in the EU) significantly affects prices.

Sustainability backlash could shift demand to alternatives (sunflower/soybean oil), pressuring margins.



2. Industrial/Non-Food (20–25%)

Who uses it: Soap and detergent manufacturers, candle makers, lubricant producers.

Disruption impact:

Moderate impact: This demand is stable, especially in emerging markets like Africa and South Asia. Recessions here affect purchasing power but not dramatically.

Upside: New natural product trends can increase demand.



3. Biofuels (5–10%)

Who uses it: EU, Indonesia, Malaysia—use in biodiesel blending.

Disruption impact:

Volatile: Policy-driven (e.g., EU Green Deal phase-out of palm-based biodiesel by 2030).

High impact per unit: Though small in volume, the biodiesel sector consumes cheap, crude palm oil, helping clear surplus and ing price floors.



4. Pharmaceuticals/Cosmetics (≤5%)

Who uses it: Multinationals and niche pharma firms.

Disruption impact:

Low volume, high margin: Disruption here has minor volume effect but may reduce value-added sales.

Price-insensitive: Products are and continue even during recessions.

ositadima1:


Can you kindly provide evidence that biofuel applications for more than 10% of global palm oil usage?


Sectoral Breakdown and Disruption Effects

1. Food Sector (65–70%)

Who uses it: FMCGs like Nestlé, Unilever, PepsiCo; bakeries, cooking oil processors.

Disruption impact:

High sensitivity: A major disruption (e.g., food processing recession or anti-palm oil regulations in the EU) significantly affects prices.

Sustainability backlash could shift demand to alternatives (sunflower/soybean oil), pressuring margins.



2. Industrial/Non-Food (20–25%)

Who uses it: Soap and detergent manufacturers, candle makers, lubricant producers.

Disruption impact:

Moderate impact: This demand is stable, especially in emerging markets like Africa and South Asia. Recessions here affect purchasing power but not dramatically.

Upside: New natural product trends can increase demand.



3. Biofuels (5–10%)

Who uses it: EU, Indonesia, Malaysia—use in biodiesel blending.

Disruption impact:

Volatile: Policy-driven (e.g., EU Green Deal phase-out of palm-based biodiesel by 2030).

High impact per unit: Though small in volume, the biodiesel sector consumes cheap, crude palm oil, helping clear surplus and ing price floors.



4. Pharmaceuticals/Cosmetics (≤5%)

Who uses it: Multinationals and niche pharma firms.

Disruption impact:

Low volume, high margin: Disruption here has minor volume effect but may reduce value-added sales.

Price-insensitive: Products are and continue even during recessions.

Osita, let that Monika be in his room and be telling us about a business some of us are stake holder In it's participation.

What is happening to price of oyel now as never happened in it's history.

Imagined a 25 litre of oyel being sold at almost 100% increase during harvest period compared with last year, if you then compared with other years, na scatter scatter, hmmm I can't just stop laughing.

From my night school mathematics, I believed money can either be made from quantity or quality perspective, when I say quality, I mean increase in prices.

Finger crossed.


Ellahlakes is a bet that worth lt, let say you have no information like some of us do when you look at risk vs potential rewards. I said this before.

What I my saying, leave dogoyaro company alone in street voice..

starpower:
Am an
enthusiast on investing reading and sitting on my ass behavioral advantage just favour me ni. don't know much about them but would love to visit the farm if anyone can give the exact location or , i don't like inspirational promoter

I am interested in this as well.

emmaodet:


I agree with you 100%.
About Ellahlakes, it is a risk worth taking.
Just invest what you can afford to lose or what you can afford to invest in a long time.
If it fails, probably get back 50% of your money back but if it goes as planned, o ma loud gannnn.
From my calculations using TAM/SAM, if ellahlakes goes as forecasted, it will make a lot of naira billionaires by 2035.
A 1m unit now at roughly #3m will likely become #600m in 10 years time @ #200/share.
Imagine collecting a dividend yield of 5% then, that will be #10m per year on a stock bought for #3m

Lol 2035.That means they are just planting the palm trees.Weldon to dogoyaro farm.I for like follow for the next photo shoot to catch fun.By that time others will be hammering in rubber after sucking the juice from palm business

crownprince2017:


Osita, let that Monika be in his room and be telling us about a business some of us are stake holder In it's participation.

What is happening to price of oyel now as never happened in it's history.

Imagined a 25 litre of oyel being sold at almost 100% increase during harvest period compared with last year, if you then compared with other years, na scatter scatter, hmmm I can't just stop laughing.

From my night school mathematics, I believed money can either be made from quantity or quality perspective, when I say quality, I mean increase in prices.

Finger crossed.


Ellahlakes is a bet that worth lt, let say you have no information like some of us do when you look at risk vs potential rewards. I said this before.

What I my saying, leave dogoyaro company alone in street voice..

You do understand that commodities move in cycles? What if by the time ELLA is ripe, the global palm oil market is in the bears?

Coolcash1:


Nah! I’ll rather wait for stock split. Truly, Agriculture is a hidden gold mine and that’s why I have been mopping Ellah lakes every month for a long term play.

When you say stock split?

Does it mean after a while they would divide the shares and the price would fall?

temi4fash:


When you say stock split?

Does it mean after a while they would divide the shares and the price would fall?

When you hear bonus...

Guaranty Trust Bank.
Social media is agog with people closing their bank s with GTB from tomorrow. In fact, I hear about a protest in Abuja. I hope some investors will also sell-off their shares in the company. Please, let their be full offer tomorrow and no bid, so that I pick a few units at a discount of 10%. This is called sentiment. Then on Tuesday again, It loses another 10%, I will pick more units. If it continues to lose 10% daily maybe it will get to that bus stop Agbalowomeri had predicted years ago. So that he can jump in. I am keenly watching out for GTB shares tomorrow

Lesson learnt: seize every available opportunity in your investment drive

Coolcash1:


Nah! I’ll rather wait for stock split. Truly, Agriculture is a hidden gold mine and that’s why I have been mopping Ellah lakes every month for a long term play.

If the gain is too much, they better give bonuses than split the shares. After all, their outstanding shares is small.

jonnysessy:


If the gain is too much, they better give bonuses than split the shares. After all, their outstanding shares is small.

Split is same as bonus

jonnysessy:
Guaranty Trust Bank.
Social media is agog with people closing their bank s with GTB from tomorrow. In fact, I hear about a protest in Abuja. I hope some investors will also sell-off their shares in the company. Please, let their be full offer tomorrow and no bid, so that I pick a few units at a discount of 10%. This is called sentiment. Then on Tuesday again, It loses another 10%, I will pick more units. If it continues to lose 10% daily maybe it will get to that bus stop Agbalowomeri had predicted years ago. So that he can jump in. I am keenly watching out for GTB shares tomorrow

Lesson learnt: seize every available opportunity in your investment drive

You go average down tire

Dangsugar

starpower:
probably 450 range, the international price kpo is reducing as oil price since quite a lot is used in bio fuel which will affect it demand. Price reduced most times in 3rd quarter then volume in storage very low, rubber price seems to be increasing internationally so could be wrong on my assumptions.

This your bolded caveat further persuades me of your good understanding of the biz, amongst of course, other analysts like crownprince2017 who equally have their own valid viewpoints and convictions.

Many tend to overlook or forget the place of rubber production and exportation in the Okomu/PRESCO success story.

Only if you know where ellahlakes developments are, you will know that emmadot is over conservative.

I wouldn't tell you but very soon you will know where ellahlakes is when the numbers you re expecting start showing very soon.

As per the rubber development, I invested in okomu just a month ago primarily because of rubber and the refinery under construction.

Generally I don't like their cost management methods.


Ellahlakes project is real and many will be surprised very soon....



Pls don't buy as I have been waiting for my various dividends to accumulate more, this is the stock that will give my first billion.