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Nigerian Stock Exchange Market Pick Alerts - Investment (7813) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 9:13pm On Jun 11
When you are in some companies. You are just happy. When presco came out with good result/dividend at #200.i said it will hit #300.it is above that in just one month.

Total I expect you to cross #400 soon too

Okumu stop crying like witch at night and work on the security of your investment and staff. Threatening to shut down production won't solve any problem.Na shareholders go lose pass.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by mosh2035(m): 2:57am On Jun 12
Folks were asking why we were loading up Accesscorp at N16. now they see a glimpse of why...
Accesscorp just warming up.....
Re: Nigerian Stock Exchange Market Pick Alerts by eziokwunwoko(m): 3:02am On Jun 12
Re: Nigerian Stock Exchange Market Pick Alerts by DonDraper: 8:07am On Jun 12
Deep.

11 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 8:22am On Jun 12
No plan to revoke Wema, Polaris, Unity, Fidelity licences — CBN

https://www.vanguardngr.com/2024/06/no-plan-to-revoke-wema-polaris-unity-fidelity-licences-cbn-2/
Re: Nigerian Stock Exchange Market Pick Alerts by Bizibi(m): 8:40am On Jun 12
Streetinvestor2:
The management of this companies who over the yrs think the shareholders or investing public are stupid. They raise funds and give you guys.You go ahead and mismanage the company.The shareholders benefits nothing over the years while you feed fat on the company through various means as cost.When you come for public offer or right issues. Na owner father go buy the po and right issues. You think is those days people can not easily get information
abeg who be the bagger make I avoid am...I hate entities in that category.
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 8:57am On Jun 12
Streetinvestor2:
When you are in some companies. You are just happy. When presco came out with good result/dividend at #200.i said it will hit #300.it is above that in just one month.

Total I expect you to cross #400 soon too

Okumu stop crying like witch at night and work on the security of your investment and staff. Threatening to shut down production won't solve any problem.Na shareholders go lose pass.

Tbh, with this two stocks one can not regret investing in them. I personally have watched the two ran to the upside from the days of sub N100 without jumping in due my personality and skepticism about their management team. However, they have proven to be indeed, an inflation and devaluation defensive stocks that are efficiently managed.

Now on my radar and earnestly waiting for a negative news to crash the price to my value zone for long term entry.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 8:58am On Jun 12
Transcorp is warming up for a good run to the upside. Load up!

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mfunkynation(m): 9:53am On Jun 12
Coolcash1:
Transcorp is warming up for a good run to the upside. Load up!
na reconstruction put it where it is now..
any update on their reconstructions?
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 10:00am On Jun 12
Coolcash1:
Transcorp is warming up for a good run to the upside. Load up!
.Which of the transcorp. If it is the transcorp plc I already have reason to believe. I have been buying in small units.If I see it in #10 or below. I will accumulate my afolabi units so that I won't over push my average price too up

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Mpeace(m): 10:05am On Jun 12
Streetinvestor2:
.Which of the transcorp
Lol. If the transcorp you know should repeat q1 result in this q2 or even do better, then upside will be an understatement.
Re: Nigerian Stock Exchange Market Pick Alerts by Jerekre(m): 10:25am On Jun 12
Coolcash1:


Tbh, with this two stocks one can not regret investing in them. I personally have watched the two ran to the upside from the days of sub N100 without jumping in due my personality and skepticism about their management team. However, they have proven to be indeed, an inflation and devaluation defensive stocks that are efficiently managed.

Now on my radar and earnestly waiting for a negative news to crash the price to my value zone for long term entry.
What price is your value zone?
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 10:30am On Jun 12
Jerekre:

What price is your value zone?
I can't say if it will happen again. If you see presco again at #200 buy and total Has been on value before the 2 times move at #250.This are based on their last dividend

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 10:37am On Jun 12
Mfunkynation:

na reconstruction put it where it is now..
any update on their reconstructions?
Based on reconstruction that is why I am targeting #10 so that after reconstruction I expect it to start around #40.which I believe has the room to go up based on results coming out ,os and Tony effect.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by crownprince2017: 10:57am On Jun 12
Streetinvestor2:
I can't say if it will happen again. If you see presco again at #200 buy and total Has been on value before the 2 times move at #250.This are based on their last dividend

Presco 200? you are a day dreamer. There must be a really bad news to get presco at 200 again.something that will hit 500 if the q1 result is sustained. grin grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by crownprince2017: 11:01am On Jun 12
The best bet with better business or similar business model with Presco and okomu is ellahlakes, the stock will start doing wonders very soon.

It's only value investors that are patronizing the stock now.

Presco is a moving train already. grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 11:52am On Jun 12
crownprince2017:
The best bet with better business or similar business model with Presco and okomu is ellahlakes, the stock will start doing wonders very soon.

It's only value investors that are patronizing the stock now.

Presco is a moving train already. grin grin grin
whr is the location of ellahlakes physical farm with plants on ground. I am not talking of proposals. That will be my first yard stick

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 11:59am On Jun 12
DonDraper:
Deep.

Nothing deep about it. The author is obviously shallow in knowledge and does not know jack about how market moves. Does he know that price movements or volatility is caused by traders he is trying to rubbish?... grin By the way, who tells him traders too don't also invest in stocks.

Though I am majorly a Gold trader but still day trade US and NGSE stocks at times; however, I have another account strictly for investment. For instance, when I see further potential upside in a stock I buy and hold it in my investment account until my sell indicator is triggered.... grin

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 12:02pm On Jun 12
Streetinvestor2:
.Which of the transcorp. If it is the transcorp plc I already have reason to believe. I have been buying in small units.If I see it in #10 or below. I will accumulate my afolabi units so that I won't over push my average price too up

Of course the Holdco....I have also been doing same.

I smell money I follow it... grin

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by crownprince2017: 12:03pm On Jun 12
Map of Ellah Lakes Plc
12 Ihama Rd, GRA, Benin City 300102, Edo
Address


16 Jan 2024 — Registered office: Ellah Lakes Plc No. 12, Ihama Road, GRA, Benin City, Edo State. I
Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 12:43pm On Jun 12
Coolcash1:


Though I am majorly a Gold trader but still day trade US and NGSE stocks at times;

Are u referring to XAUUSD...
Trading this pair dey give me headache....
So much potential and yet can send u back to the village... within some minutes ...
I dey respect myself to align with EUR and GBP
Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 1:21pm On Jun 12
Willie2015:


Are u referring to[b] XAUUSD...[/b]
Trading this pair dey give me headache....
So much potential and yet can send u back to the village... within some minutes ...
I dey respect myself to align with EUR and GBP

Yes. I don't like forex because of low volatility hence my love for the yellow metal.
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 2:21pm On Jun 12
crownprince2017:
Map of Ellah Lakes Plc
12 Ihama Rd, GRA, Benin City 300102, Edo
Address


16 Jan 2024 — Registered office: Ellah Lakes Plc No. 12, Ihama Road, GRA, Benin City, Edo State. I
Is that the address where they have thr palm and rubber plantations.Have they started harvesting thr products or what growth stage are the plants now
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 2:23pm On Jun 12
Coolcash1:


Yes. I don't like forex because of low volatility hence my love for the yellow metal.
.you be oga ndi oga....double salute for you

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by emmanuelewumi(m): 2:54pm On Jun 12
Streetinvestor2:
Is that the address where they have thr palm and rubber plantations.Have they started harvesting thr products or what growth stage are the plants now
...


Good questions

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by SonofElElyonRet: 2:56pm On Jun 12
emmanuelewumi:
...


Good questions

Those investing in ellah lakes are doing so for
medium to long term
Re: Nigerian Stock Exchange Market Pick Alerts by crownprince2017: 3:19pm On Jun 12
Streetinvestor2:
Is that the address where they have thr palm and rubber plantations.Have they started harvesting thr products or what growth stage are the plants now

Am not advertising the company to you, I only pointed it out based on my analysis of the company, if you have interest, you can do your own research and decide accordingly.
Re: Nigerian Stock Exchange Market Pick Alerts by SetrakusRa(m): 3:31pm On Jun 12
crownprince2017:


Am not advertising the company to you, I only pointed it out based on my analysis of the company, if you have interest, you can do your own research and decide accordingly.

This is my issue with Ellahlakes. The company hasn't provided enough information about the NOW for investors to make decisions. Nothing on the progress of their produce or when they'll start making revenues. All they know how to do is talk about the future every financial year & dilute investors while raising money.

The track record of the MD (at Union Dicon salt) isn't exactly great either. I'm bullish on the company, but they need to do more and provide information to investors about what's happening NOW.

6 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 3:32pm On Jun 12
crownprince2017:


Am not advertising the company to you, I only pointed it out based on my analysis of the company, if you have interest, you can do your own research and decide accordingly.
Lol.Na you talk value investors are patronising the stock now. And that is why I asked the question any value investor in presco and okumu oil will be asking. Weldon too on your analysis .
PLS try and equally tell your audience that one is more of digital agriculture and the other is physical or real agriculture

1 Like 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by crownprince2017: 3:35pm On Jun 12
SetrakusRa:


This is my issue with Ellahlakes. The company hasn't provided enough information about the NOW for investors to make decisions. Nothing on the progress of their produce or when they'll start making revenues. All they know how to do is talk about the future every financial year & dilute investors while raising money.

The track record of the MD (at Union Dicon salt) isn't exactly great either. I'm bullish on the company, but they need to do more and provide information to investors about what's happening NOW.


I don't think you have been following the company well enough, the management said they will start milling by q3. They installed the milling machines last q according to what I read.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by crownprince2017: 3:47pm On Jun 12
See the screenshot below

Re: Nigerian Stock Exchange Market Pick Alerts by crownprince2017: 3:53pm On Jun 12
All those crop farming if well executed, it takes months for them to mature, I understand a lot of farming business very well..this company will go places nobody has ever thought of except the management try to corner investors which I highly doubts.

The only doubt I have about this guys is at some point in time they will want to delist and eat the money alone, which I pray against.

1 Like

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