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Re: Nigerian Stock Exchange Market Pick Alerts by Willie2015: 2:54pm On Oct 04 |
Streetinvestor2: |
Re: Nigerian Stock Exchange Market Pick Alerts by vacanci: 3:28pm On Oct 04 |
Streetinvestor2: from the article of businessday, the largest pig farm in Nigeria (Oke-Aro Pig Farm)which is also the largest in west africa, manages around 240,000 pigs, and Ellah Lakes is presumed to have the ambition of competing with them. https://businessday.ng/companies/article/ellah-lakes-eyes-top-spot-in-piggery-business-amid-competition/ |
Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 3:33pm On Oct 04 |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:39pm On Oct 04 |
Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 3:42pm On Oct 04 |
Panadee: This is loud. 3 Likes 1 Share
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Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 3:43pm On Oct 04 |
E be like sey Dangsugar is heading to km#25. The hair cut no get joy at all for some of us wey buy @ #45 plus. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Zegra: 3:44pm On Oct 04 |
Hmmmm |
Re: Nigerian Stock Exchange Market Pick Alerts by Princkez: 3:45pm On Oct 04 |
Streetinvestor2:wait till the pigs start reproducing...15,20,13 piglet |
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 3:46pm On Oct 04 |
Testimonies777:I pray it falls below N70 next week so that I can load more Oando into my portfolio. Oando will certainly do N200+ per share next year. This year is the time to stockpile |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 3:46pm On Oct 04 |
Streetinvestor2: No wahala. Assumptions: 1. Reproduction rate: Let's assume sows produce 2 litters per year with an average of 10 piglets per litter. 2. Maturity: Pigs reach breeding age at about 6-8 months. Gender ratio: Assume a 50/50 male/female split. 3. Mortality rate: Let's use a 10% annual mortality rate. 4. Selling/culling: Assume the farmer sells or culls 40% of the herd annually. Let's calculate year by year: Year 1: >Starting population: 500 >Breeding sows (50% of 500): 250 >New piglets: 250 * 2 litters * 10 piglets = 5000 >Deaths: 10% of (500 + 5000) = 550 >Sold/culled: 40% of (500 + 5000 - 550) = 1980 >End of year population: 500 + 5000 - 550 - 1980 = 2970 Year 2: >Starting population: 2970 >Breeding sows: 1485 >New piglets: 1485 * 2 * 10 = 29700 >Deaths: 10% of (2970 + 29700) = 3267 >Sold/culled: 40% of (2970 + 29700 - 3267) = 11761 >End of year population: 2970 + 29700 - 3267 - 11761 = 17642 Year 3: >Starting population: 17642 >Breeding sows: 8821 >New piglets: 8821 * 2 * 10 = 176420 >Deaths: 10% of (17642 + 176420) = 19406 >Sold/culled: 40% of (17642 + 176420 - 19406) = 69,862 >End of year population: 17642 + 176420 - 19406 - 69862 = 104,794 Fun fact: litter refers to a group of young animals born to a mother at one time. A typical pig litter can range from 8 to 12 piglets, though it can be smaller or larger. Now, would you like me to analyze the numbers? Should I calculate revenue, costs, and profit? By the way, didn't you mention somewhere that you were raised on a farm in Kaduna or somewhere similar? 10 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 3:49pm On Oct 04 |
Money dey agric, no be only palm oil they give money, some people go shock sha when matter go do fiam for them eyes. How much be one heavy weight pig? 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by designking: 3:53pm On Oct 04 |
thebargainhunte:Na to keep buying to average your initial entry price. |
Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 3:55pm On Oct 04 |
STILL ON CAVERTON Total equity stood at Negative N4,450,407,000 Book Value is -1.32 which is also in negative territory shareholders' fund completely wiped out There is need to quickly turn things around
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Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:55pm On Oct 04 |
ositadima1: |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 3:56pm On Oct 04 |
unite4real: |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 3:56pm On Oct 04 |
Willie2015: You haven't seen anything. Ask farmers in the southern United States about wild pig infestations. They're constantly killing these pigs by the hundreds as the animals destroy farmland. In those areas, farmers beg people to hunt and kill as many pigs as possible. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by thebargainhunte: 4:01pm On Oct 04 |
designking: I will only buy after the release of their Q3 result. No joy at all |
Re: Nigerian Stock Exchange Market Pick Alerts by unite4real: 4:02pm On Oct 04 |
ositadima1: Pig is very expensive. Fully grown well fed pig could be as high as N300,000 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 4:05pm On Oct 04 |
designking: You have been officially vindicated based on their H2 results |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 4:10pm On Oct 04 |
ositadima1:Yes I am a farmer from dad and expirence but crop farmer.i no sabi animal farm or farming. Though I will venture into it next yr but will go for seminars and will equally employ the service of someone way sabi.I only buy like 5 weeks chicken and feed it to 10 weeks and above before I chop the broiler because many poultry around no dey allow the meat strong before they begin sell. I am interested in pig/egg laying bird because many are now backing out of the business because of cost of feed.And me I am now seeing it as opportunity to go in mostly the egg own 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 4:11pm On Oct 04 |
unite4real: |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 4:13pm On Oct 04 |
Streetinvestor2: Egg now nah 300 naira for one. They have tinubulated us. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Zegra: 4:16pm On Oct 04 |
designking: How do you hedge your portfolio when there is no dividend in sight ? |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 4:23pm On Oct 04 |
ositadima1:Better money dey agric.My problem is come open with investors because I don't want digital agriculture because na scam. Show every thing black and white so that different people who want to go in will know the growth stage and patience they should be expecting. I am an investor not a trader. You know presco came from behind to over take okumu oil but it was white and black.People keyed in at different stage but it was physical investment on ground .I saw the farm documentary on air and pictures at different time.Then we started seeing the products from the farms in the market too. 3 Likes 1 Share |
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 4:25pm On Oct 04 |
currentprice:CP the stock market prophet 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 4:26pm On Oct 04 |
currentprice:Boss show face na |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 4:30pm On Oct 04 |
ositadima1:You see why I see opportunity in it.It is no longer business for everyone which made the selling of the egg sometimes difficult. People are even going around to look for whr to buy in farm because many are now into broiler for 5 weeks to sell 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by Xidget: 4:33pm On Oct 04 |
unite4real:Yet, e dey enter full bid. This market sha. Meanwhile NASCON with EPS of #5 dey on free fall. 1 Like |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 4:40pm On Oct 04 |
Ginalex: Shebi i tell you that time, as i sell na presco i go pack the money, the loss i take sell am, i don recover as presco move, na interim i dey wait sef make eh reach. Or no be you i been tell. Any way, chart don dey show am since, coupled with all the fundamental wahala i pointed out. But me no be prophet, just regular guy that like to dey ask question like Streetinvestor and dey try learn from you guys. 2 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 4:42pm On Oct 04 |
I luv you all, you thought me all i know. 3 Likes |
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 4:42pm On Oct 04 |
Xidget: |
Re: Nigerian Stock Exchange Market Pick Alerts by Streetinvestor2: 4:45pm On Oct 04 |
unite4real:Is this a new result. Is it not the same result with error that pushed it pass #4. |
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