emmanuelewumi:



Do you have an account with them? Either United Capital Asset Management or United Capital Securities

Their interest rates then was between 16% and 18%

25% now
as at Sept

Xidget:
Why buy 1 stock on 2 different accounts though? I noticed most people do it.
I always make sure I don't buy same stock on 2 different accounts

It all depends on ones investment strategy. One account could be for investing and holding long term the other strictly for trading same stock.

Willie2015:


25% now
as at Sept

😳

ositadima1:


EllahLakes

What is the cost of one palm oil seedling? Let me assume ₦2,000 per seedling - that would amount to 48,100 palm trees. Is this something real, or is it just another 'audio' as usual, Oga Streetinvestor and Oga Emmanuelewumi?

N96 million is not much.

Willie2015:


25% now
as at Sept

Now 29%

emmanuelewumi:



N96 million is not much.

48,100 trees is not much?

emmanuelewumi:



Now 29%

Same as CardinalStone

30% including 1% management fee

Ginalex:
Same as CardinalStone

emmanuelewumi:



Be careful when insiders become monkey hunters, with the purported growth potential of the business they ought to be buyers

Do you know the number of United Capital staff who got loan from UCap consumer finance to buy the company's stock at N12 and below. I know because I have been getting loan from them for the past 3 years

I think MBC securities coming on board to take 14% stake is a good flag. Plus the one director who increased his stake. Plus the one substantial share holder who increased stake. Some investments like UCAP in the period you referenced are at stage of potential ShortTerm appreciation (due to clear huge mis-match between market price and intrinsic value)

I see Ellah is a long-term play with huge uncertainties.

phadriz:
Thank you for the beautiful reply, they believe Oando appreciated with fundamentals 😂, by the time Japaul announced the acquisition of 50 percent equity stake in H&H Mines and “a 100% acquisition of Covenant Gems & Gold Minerals Limited in Eti-oni, Atakumosa Local Government, Osun State, they will eat back their words. A company that got an investment of 20B naira equity in a private placement even at premium higher than listed price should not be written off. I repeat Japaul and ELLAHLAKES movement will be shocking.

People buying businesses for billions of naira can make business and investment decisions. It depends on how they made the money, their experience in the business, how the promoter was able to cajole them.


Ask the guy who bought Forte Oil from Femi Otedola or Tiger Foods that bought Dangote Flour from Dangote.

They all bought at huge premium and ready to sell below their purchase prices

emmanuelewumi:



People buying businesses for billions of naira can make business and investment decisions. It depends on how they made the money, their experience in the business, how the promoter was able to cajole them.


Ask the guy who bought Forte Oil from Femi Otedola or Tiger Foods that bought Dangote Flour from Dangote.

They all bought at huge premium and ready to sell below their purchase prices

After they have made a kill

phadriz:
MBC was a creditor to ELLAHLAKES, they converted debt to equity. To me this is a sign of prospect, for a creditor who is vast in the capital market to accept debt to equity conversion, there must be an untapped gold in such company.

At times the creditor might not have any other option to getting his money back other than accepting to cover the loan to equity and then have a seat on the board

The Koko is the loan conversion rate and other benefits as a board member and a major insider

ositadima1:


EllahLakes

What is the cost of one palm oil seedling? Let me assume ₦2,000 per seedling - that would amount to 48,100 palm trees. Is this something real, or is it just another 'audio' as usual, Oga Streetinvestor and Oga Emmanuelewumi?

As oga Agba. He will tell you a brast in hand worth more than 2 in the bra....no mind me I be street

megawealth01:


After they have made a kill

The buyer of Forte Oil and Dangote Flour did not make a kill ooo

Learn to respond without throwing shades, it's childish.

Streetinvestor2:
As oga Agba. He will tell you a brast in hand worth more than 2 in the bra....no mind me I be street

emmanuelewumi:


At times the creditor might not have any other option to getting his money back other than accepting to cover the loan to equity and then have a seat on the board

The Koko is the loan conversion rate and other benefits as a board member and a major insider

Streetinvestor2:
As oga Agba. He will tell you a brast in hand worth more than 2 in the bra....no mind me I be street

Oga, I'm asking again - aren't 48,000 trees a good start? It seems Ellah Lakes has more potential than I initially thought. Maybe you're expecting the seedlings to start bearing fruit immediately?

Ginalex:
Same as CardinalStone

What is the duration before you pay the interest and rollover the loan.

It is 6 months with United Capital

emmanuelewumi:



N96 million is not much.

No mind osita. Money way no reach loot by market jjc from oando

I had to buy more Aradel today due to the dip. I pray deeps further to ₦480 - ₦450 so that I can load more.

You have a point like you said "In some cases", I'm sure MBC can never give out such loan without collateral, and if they don't believe in the company's prospect they won't choose the conversion option, they would have choose the alternate option and take their loss.

emmanuelewumi:


At times the creditor might not have any other option to getting his money back other than accepting to cover the loan to equity and then have a seat on the board

The Koko is the loan conversion rate and other benefits as a board member and a major insider

MARKETJJC:


Use three weeks or one mouth ,and read/digest those tons of invaluable information here, thereafter look for a stock broker of choice and open account with them, and start from there. Don't be in a hurry because there will always be money to be made but here is your own oil well, please don't leave and your life will never remain the same

Thanks guys at least there still exist a place of sanity and invaluable information on Nigeria land.

ositadima1:




Oga, I'm asking again - aren't 48,000 trees a good start? It seems Ellah Lakes has more potential than I initially thought. Maybe you're expecting the seedlings to start bearing fruit immediately?

Are you sure you will get 48,000 seedlings of an economic crop that will earn forex for N96 million.
Considering the fact that the plant will continue to generate income for more than 20 years

This is not outright purchase Bro.

emmanuelewumi:



The buyer of Forte Oil and Dangote Flour did not make a kill ooo

ositadima1:


48,100 trees is not much?

That should be the value for seedlings for sale.i have deleted the yeye results from my down load. I think you will see the value placed on the biological asset which means the crops on the field

emmanuelewumi:



The buyer of Forte Oil and Dangote Flour did not make a kill ooo

I mean Ote$ and Alhaji

phadriz:
This is not outright purchase Bro.

Please explain.

How much did Femi sell Forte Oil

designking:
I had to buy more Aradel today due to the dip. I pray deeps further to ₦480 - ₦450 so that I can load more.

Is it less than 500 yet?

Mega thanks jare, I they prepare for wedding, working on so many things.

Mcy, thanks for what you do, Just continue..

megawealth01:


I mean Ote$ and Alhaji

They cashed out big time, in fact Alhaji was ready to buy the company back from Tiger for less than what they paid him

phadriz:
Learn to respond without throwing shades, it's childish.

How is this post your concern or did I notice your post or quote you.

emmanuelewumi:



They cashed out big time, in fact Alhaji was ready to buy the company back from Tiger for less than what they paid him

💯

You don vex...

PharmAlfred:
No market is normal but NSE is the height of anomaly. Banger stocks don't bang. Look at all the amazing results we have seen so far. See how flat the market is. See the response to some of the best results we have seen in a long time. They should close this shit up!