megawealth01:
Unlike the other one ba?

You dey mind Pa. Emma, he Sabi throw stones well well

cocolacec:
Aradel now N495.10.

Where did you see that price. Aradel is still trading above 500.

emmanuelewumi:



Which other one

That one wey be like Onions owned by a lawyer

megawealth01:


I dey wait am for junction until then

Now 495 and going to enter full offer.

sboga:


bobsriskys children don wake up come post nansense

Baba e don do na 😂

designking:

Where did you see that price. Aradel is still trading above 500.

Bought some units at the rate of N495.10

designking:

Where did you see that price. Aradel is still trading above 500.

I already told you, Bamboo will continue to make you lose money!!!!

Exactly my point, there must be a reason for that. Although if he had gone to the market, he might have pushed the price above N5 before he finished buying shares worth 20B naira.

Anyway let keep our finger crossed, we shall see in 6 months to 1 year time.

Thank you for keeping the conversation civil without throwing jabs.

emmanuelewumi:



The guy who invested N20 billion, bought at a huge premium.

The same thing with those who bought Dangote Flour and Forte oil

GeeKudi:


Now 495 and going to enter full offer.

This is serious oooooo

phadriz:
Exactly my point, there must be a reason for that. Although if he had gone to the market, he might have pushed the price above N5 before he finished buying shares worth 20B naira.

Anyway let keep our finger crossed, we shall see in 6 months to 1 year time.

Thank you for keeping the conversation civil without throwing jabs.

He is Pa Emma na

megawealth01:


This is serious oooooo

but no b as serious as wat u allow bob come do your a**

On a closer look, ARADEL Q3 performance was shambolic...

Q3 PAT: ₦6,153,163
Q1-Q3 PAT: ₦110,579,457

*** Exchange losses of ₦32.8bn

mails4funshi:
For a corporate organisation like MBC securities ltd, would you have expected a negotiation without a legal tussle (Behind the scene negotiation). And would this have happened without taking over the leadership structure of ELLAH Lakes?

That was why they converted their loan to equity. Why didn't they get the loan from a bank.

MBC is a stockbroking/Investment banking firm. I don't know much about the capital raising exercise of Ellah.

MBC might have been the issuing house to their find raising exercise.

During the IPO of Presco at N5.00. Tbe offer was not successful. Stanbic IBTC being the issuing house to the offer had to warehouse about 100 million shares and paid Presco the fund they required.

Stanbic IBTC was then invited to the board of Presco represented by Yinka Sanni, Chief Segun Osunkeye the former CEO and later Chairman of Nestle became the chairman of Presco.

As God would have it few years after Presco was listed, the company became profitable, paying dividends and growing earnings, Stanbic IBTC was able to sell their 100 million shares for N20 per share within 5 years after it was listed

megawealth01:


This is serious oooooo

The result doesn't match the price.
It's likely going to fall further.

phadriz:
Exactly my point, there must be a reason for that. Although if he had gone to the market, he might have pushed the price above N5 before he finished buying shares worth 20B naira.

Anyway let keep our finger crossed, we shall see in 6 months to 1 year time.

Thank you for keeping the conversation civil without throwing jabs.

Some of these big buyers might be trying to launder money, so they are not expected to make intelligent investment decisions.


Retail investors need to do their own due diligence

KarlTom:
On a closer look, ARADEL Q3 performance was shambolic...

Q3 PAT: ₦6,153,163
Q1-Q3 PAT: ₦110,579,457

*** Exchange losses of ₦32.8bn

Wahala

Aradel to pay N8 interim dividend

My respect Pa Emma, so much to learn. Many thanks for the deep insight.

emmanuelewumi:



That was why they converted their loan to equity. Why didn't they get the loan from a bank.

MBC is a stockbroking/Investment banking firm. I don't know much about the capital raising exercise of Ellah.

MBC might have been the issuing house to their find raising exercise.

During the IPO of Presco at N5.00. Tbe offer was not successful. Stanbic IBTC being the issuing house to the offer had to warehouse about 100 million shares and paid Presco the fund they required.

Stanbic IBTC was then invited to the board of Presco represented by Yinka Sanni, Chief Segun Osunkeye the former CEO and later Chairman of Nestle became the chairman of Presco.

As God would have it few years after Presco was listed, the company became profitable, paying dividends and growing earnings, Stanbic IBTC was able to sell their 100 million shares for N20 per share with 5 years it was listed

Agbalowomeri:


Are we looking at the same report? Wondering why they didn't add the FX gain to the EPS

Overall result is flat. Seems plenty chopping lines don enter Lol

That tax expense ...
Na out of this world...
Ard 78% ...

Mpeace:
Aradel to pay N8 interim dividend

Nawaoh

emmanuelewumi:



That is cool, it operates like an overdraft facility

exactly. Like for the past 4months, I've not used out of my 6m margin loan so zero charge

** Edit
It was not added for the calculation of the EPS.

Agbalowomeri:


Are we looking at the same report? Wondering why they didn't add the FX gain to the EPS

Overall result is flat. Seems plenty chopping lines don enter Lol

Willie2015:


That tax expense ...
Na out of this world...
Ard 78% ...

Following crowd is a risk on its own, in this stock business, nobody knows all..

They hyped this aradel reach cloud 9, now their fundamental reality is here but they still couldn't call a spade a spade, no wahala na..

Naso one of my friends do follow follow go sell ellahlakes to enter aradel at high, now wahala don't jam agbako.. forgetting that 10 loss on ellahlakes is different from 10% of aradel emotionally...


I even thought with their negative energy that is yet to be substantiate, one would have thought ellahlakes will be 10% down today..

I told you people in ellahlakes knows what is at stake before buying...

Pls sell so that we can cherry pick it, fund they wallet already...

yMcy56:
NAHCO is in a class of its own ......

https://doclib.ngxgroup.com/Financial_NewsDocs/42496_NIGERIAN_AVIATION_HANDLING_COMPANY_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf



Why are they punishing ARADEL in Market?
I just pity those that picked @850..

Nahco is a N50.00 stock. This is a stock that sold for N2.50k in 2020

Full offer Aradel.

Mpeace:
Full offer Aradel.

😳

yMcy56:
NAHCO is in a class of its own ......

https://doclib.ngxgroup.com/Financial_NewsDocs/42496_NIGERIAN_AVIATION_HANDLING_COMPANY_PLC-_QUARTER_3_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_OCTOBER_2024.pdf



Why are they punishing ARADEL in Market?
I just pity those that picked @850..

NGX no get emotions ooooo

Looks like deferred tax.

In H1, rate was 35.65%.
Q1 - Q3, rate is 42.24%

Willie2015:


That tax expense ...
Na out of this world...
Ard 78% ...

Ginalex:
exactly. Like for the past 4months, I've not used out of my 6m margin loan so zero charge

I might need to move my Meristem account to them

Meristem rate is almost 35%, so I have stopped taking loans from them

Mpeace:
Full offer Aradel.

How much?

Every asset has its expansion and contraction periods. A major mistake investors and traders make is investing during the expansion phase, where 20-30% of the time, we may be profitable in the market. However, research shows that most profits are made during the contraction phase by the “patient investors.”

PLAN YOUR TRADES AND TRADE YOUR PLANS

Mpeace:
Aradel to pay N8 interim dividend

Please where you see the corporate action make l see am l want to check something