narite:
Seriously, are you a financial analyst offline by profession or You just pick this on the street?

Pesuzok:
If you don't like Oando positive comments, you can jump and pass. Investment decisions are not only based on past events aka FA but also on current trends that can lead to a turn around of a business.

When DS announced merger, the same people casting Oando were praising the merger without any FA to back it, but because you missed Oando when it was at 6 naira when the news broke out Sept last year.

I bought at 6 naira and sold at 12. Only to jump back again at average of 18 naira. I am not selling till 100 naira.

ositadima1:


That calculation is wrong. But tank you all the same.

yMcy56:

My Oga, na for street i pick am oooo
Osita don use his ChatGPT analyse am since nah. 😁

Btw, some people don take @Mankind2024 jokes too serious ooo, make una dey relax abeg.
How does it even sound to divorce because of one faceless person wey he never see before?
Don't even know whether na man like Agba said. Lol.

Anyway Oga mi, I'm still open to that UCAP gift jare.....😁

ositadima1:
Madame Mcy56, na u mentor me for nursery school oo.

yMcy56:

My Oga, na for street i pick am oooo
Osita don use his ChatGPT analyse am since nah. 😁
Btw, some people don take @Mankind2024 jokes too serious ooo, make una dey relax abeg.
How does it even sound to divorce because of one faceless person wey he never see before?
Don't even know whether na man like Agba said. Lol.

Anyway Oga mi, I'm still open to that UCAP gift jare.....😁

jonnysessy:
Good evening everyone. Someone told me about this forum and i felt i could join as i also do little share business. Followed this forum for quite sometime now. I am learning how to us the thread. I had been following this forum for a while and am enjoying it. Please keep up the good work

Mankind2024:
You're highly welcome, but please don't compete with Oga Agba for YMcy56's attention.

cocolacec:
4 units for 5 Regalins

yMcy56:

My Oga, na for street i pick am oooo
Osita don use his ChatGPT analyse am since nah. 😁

Btw, some people don take @Mankind2024 jokes too serious ooo, make una dey relax abeg.
How does it even sound to divorce because of one faceless person wey he never see before?
Don't even know whether na man like Agba said. Lol.

Anyway Oga mi, I'm still open to that UCAP gift jare.....😁

Mankind2024:
You're highly welcome, but please don't compete with Oga Agba for YMcy56's attention.

Sunrisepebble:
https://www.aradel.com/aradel-holdings-plc-announces-the-acquisition-of-olo-and-olo-west-the-fields-marginal-fields/ Aradel at 5k is cheap. Do your own DD

freeman67:


Your second paragraph is not true. The same man shouting Oando don cast now was the same man that first raised alarm here about something not being right with the rice business which was supposed to form the third part to Dangote food. Before those for and against started deliberately same way Oando faithfuls and antagonists are doing now.

ndept:
Good to see your take on Ellah/Elijah Lakes This are the things we want to see on this forum, not the posts of the sadist/juvenile above. It is always the sweetest to get into a stock before the stock's upward journey begins. But then, it is worthy to note that Elijah lakes activities are always characterized with "WILL", yet no practical activity to suggest reality on ground. That is why someone classified them as AUDIO FARMERS. The most recent discussion we had on Elijah lakes on this forum was to the effect that someone promised to visit their farms physically to assess their work and feed us back, which we are still waiting for. We are missing some people like Sir wanajo, he would have given us the inside and off the street analysis on Elijah lakes.

BullBearMkt:
Make I begin to dey find Double Bottom
Happy Weekend!

Omooloriredade:


Which one is Elijah again? What's the stock code make I check am out?

As far as I'm concerned, while having palm trees growing on their farms will be a good thing, supply of feedstock for their CPO mill is more critical. It doesn't have to come from their own farms FOR A START. Palm trees take time to mature. Ellah needs to hit the ground running. You can't install a CPO mill and live it to rust away for 2yrs while waiting for your trees to mature.

Okomu and Presco even with their farms spanning hectares of land still integrate supply of Fresh Fruit Bunches from local or commercial farmers. Ellah needs to start their own input/supply scheme.
So the deal for me is for them to have completed the installation of the CPO mill and locked in supply of FFBs. As at last report, this should be completed by now. Fingers crossed.

Crownprince2017 made a good point about the other crops with much shorter maturity and cycles. Yes, I hope they made a start on those ones already and it's not audio still. You know it will be poor financial and strategic planning to spend millions to procure a CPO mill now then wait 2yrs for your crops to mature before you could put it to use. You could as well push those funds to cash crops with shorter maturity and cash out until your palm trees reach optimal yield stage.

My strategy remains the same, root for the underdog, watch them actualise their dreams and when the market comes calling, collect good dowry.

I like the unfolding story here. Business not difficult to understand either.

Disclaimer - It's obvious a lot is yet to be confirmed and this is just my personal opinion so please don't rely on my posts/sentiments to make your buy or sell decisions.

Mankind2024:
A motivation for new members.
5. Investing is simple; you don't need to master complex charts - you're not a trader. Trading is difficult in NGX due to relatively low liquidity.

Sunrisepebble:
https://www.aradel.com/aradel-holdings-plc-announces-the-acquisition-of-olo-and-olo-west-the-fields-marginal-fields/ Aradel at 5k is cheap. Do your own DD

Willie2015:


You need chart ...
to guide your entry ... and exit points
Moving Average... Bollinger Bands...RSI ..Japanese Candlesticks etc are not complex...
My 2 cents

Agbalowomeri:


Even if you are solely using FA, TA will maximize your efficiency. I think some people think TA is computer programming 😂

Agbalowomeri:


This one dey acquire ololo😂

Agbalowomeri:


Even if you are solely using FA, TA will maximize your efficiency. I think some people think TA is computer programming 😂

Mankind2024:
My Take on UCAP Plc: A Panache for Wealth Creation without being lucky.
My investment affairs with UCAP Plc began in 2016, courtesy of a recommendation by Moniker Feelamong, an investment guru. I had sought his advice via email, inquiring about promising stocks to invest in. Unfortunately, he is no longer active in the forum. His recommendations included UCAP and Usitech, a UAE-based bitcoin mining and trading company, which unfortunately turned out to be a Ponzi scheme costing me $1,500. Never his fault, Usitech scammed millions of people globally.
At the time, UCAP shares traded between N2.25 and N3. I purchased 3,000 units, gradually increasing my holdings to over 600,000 units. When the company announced dividend and bonus payments, I acquired more shares at N32-N34, bringing my average cost price to N12.
Reflecting on UCAP's performance, I've observed:
1. Consistent and sustainable dividend payments.
2. Quick recovery from market volatility.
3. Surprising investors with capital appreciation, dividend yield, and now bonus.
The recent EGM outcome indicates that bonus shares will be issued proportionally to existing shares. This is the most exciting news from NGX in a decade! I commend the Chairman of UCAP, who transformed companies like Transcorp, Transhotel, Transpower, Afripudential, and UBA into profitable and sustainable entities through organic growth.
Kudos to UCAP's visionary and selfless management team! My patience has been rewarded, with my 600,000+ units now valued at 1.8M units overnight.
UCAP is ideal for long-term investors. My new goal is to acquire more units and build my holdings to 5M units by 2026 through strategic purchases, not giving YMcy56 again, since I'm no longer divorcing my wife. 😆 🤣 😂
Up UCAP Plc! My patience and consistency have indeed been rewarded once again