NewStats: 3,264,150 , 8,182,785 topics. Date: Monday, 09 June 2025 at 09:31 PM 5g6j4p6382y |
Nigerian Stock Exchange Market Pick Alerts - Investment (8828) - Nairaland 2y2u1i
Nigerian Stock Exchange Market Pick Alerts (13156071 Views)
| DeRuggedProf: 11:30pm On Mar 02 |
emmaodet: Free float deficiency dey price. Typically, it should be selling below N1.5. But I heard it may start doing FB next week, Cuz Loco is on its case .. 
1 Like |
| Martialfc80: 12:51am On Mar 03 |
Oyindamolah:Thank you 🙏 1 Like |
| Sunrisepebble: 4:45am On Mar 03 |
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This one is not Oyel Money. This one is manipulation. The stock is moving by +10% with no open offer on the market everyday and with only 10k volume. Nothing in the result to justify the current price. It is just being moved by insiders, they’ll then do a split and bring it to NGX. jckgroup1: 6 Likes 1 Share |
| emmanuelewumi(m): 5:45am On Mar 03 |
Agbalowomeri: We are looking at 2 different things, I am looking at a business and you are looking at a stock 10 Likes 1 Share |
| emmaodet: 8:21am On Mar 03 |
GeeKudi: Through the nasd app, you will have to with one of their accredited brokers. Should be done within a week, after you can trade 1 Like |
| IyaTola: 8:50am On Mar 03 |
GeeKudi: 
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| IyaTola: 8:51am On Mar 03 |
Sunrisepebble:Yo! You damn smart. |
| JohnTerrorBlade: 9:07am On Mar 03 |
KarlTom: That’s definitely one of the biggest financial events to watch in 2025! The listing of NNPCL & DANGREFINE could bring major shifts in market dynamics, and with a valuation of ₦3.29tn, it’s not something to take lightly. While there’s always a lot of hype around such listings, the key is to separate speculation from real opportunities. Keeping a close eye on live stock charts will be essential to track real-time price action, volume trends, and investor sentiment. Early movements will set the tone for long-term performance, and having the right data at your fingertips can help identify the best entry points. Let’s hope this turns out to be more than just ‘audio’ profits—real gains will depend on market execution and investor confidence. Are you planning to go in early, or waiting to see how the market reacts? 1 Like |
| chimex38: 9:13am On Mar 03 |
IyaTola:Why the smile, do you know sth about it? 1 Like |
| GeeKudi: 9:25am On Mar 03 |
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Yeah. The very first step of setting up the App doesn't work. It involves keying in a code sent via email. The App does not even allow to type the code in at all. I have tried it several times. emmaodet: |
| jckgroup1(m): 9:25am On Mar 03 |
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Following in the foot steps of Aradel  I might be wrong  Sunrisepebble: 1 Like |
| Streetinvestor2: 9:39am On Mar 03 |
emmanuelewumi:Right on the head...lol 3 Likes |
| Streetinvestor2: 9:41am On Mar 03 |
Sunrisepebble:They go know say we no be mugu when they come back to ngx.The crash go they loud 5 Likes |
| Sunrisepebble: 9:46am On Mar 03 |
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With Aradel at least there was legitimate demand on NASD with open bid and offers and with a lot of volume trading. I’ve tried bidding since N20 late last year for Okitipupa and not a single offer in the market jckgroup1: 3 Likes |
| KarlTom: 10:01am On Mar 03 |
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Ding
3 Likes |
| Zegra: 10:05am On Mar 03 |
Xidget: The merger is not happening anytime soon |
| Streetinvestor2: 10:15am On Mar 03 |
KarlTom:Bro nobody is listing anything soon. 1 Like |
| crownprince2017: 10:19am On Mar 03 |
| toyeoye(m): 10:19am On Mar 03 |
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Market Data Delay due to NGX API Issue The website is experiencing connectivity issues with NGX’s data feed, affecting real-time updates. The issue is from their end, and I'm monitoring closely. I’ll update once it's resolved, thanks for your patience! 2 Likes 1 Share |
| ghm: 10:23am On Mar 03 |
RodgersAkpafu: I like your comment but calling someone a slowpoke in chief is off for me. I wiah we can be more civil. 1 Like |
| Youngzedd(m): 10:25am On Mar 03 |
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It's another day for PZ CUSSION to keep climbing to the moon.
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| toyeoye(m): 10:31am On Mar 03 |
toyeoye: 🚨 Market Data Restored The earlier NGX API connection issue has been resolved, and live market updates are back on the website. I’ve requested NGX to move us to a more stable server to ensure seamless real-time data going forward if possible. Thanks for your usual patience, I'm working to keep market insights as real-time as they should be! 3 Likes 1 Share |
| Zegra: 10:33am On Mar 03 |
crownprince2017: The rice company hasn't started yet except if he wants to merge Sugar and salt |
| designking: 10:36am On Mar 03 |
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Oando's movement is something else... You just can't predict what is next. Wale too get doings! He has perfected the game. Oando will do over ₦100 per share if Wale wants it to... |
| Zegra: 10:47am On Mar 03 |
| essentialone(m): 10:54am On Mar 03 |
Streetinvestor2: UNITED CAPITAL PLC proposed dividend of 50 kobo https://doclib.ngxgroup.com/Financial_NewsDocs/43249_UNITED_CAPITAL_PLC-_QUARTER_5_-_FINANCIAL_STATEMENT_FOR_2024_FINANCIAL_STATEMENTS_MARCH_2025.pdf |
| GeeKudi: 10:55am On Mar 03 |
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Has anyone seen AFRIPRUD's report yet?
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| Xidget: 11:03am On Mar 03 |
Zegra:Well, even if merger doesn't happen soon, any positive news about rice production will move DS and NS price up. I saw someone on X saying that Dangote Rice is about to hit the market. |
| ndept: 11:04am On Mar 03 |
ojeysky:The Explainer: Ellah Lakes In-Depth Analysis of Q2 Results and Investment Outlook Ellah Lakes Plc, a player in the agricultural and food production sector, has faced significant financial challenges during the second quarter (Q2) ending January 31, 2025. Despite modest revenue growth, the company posted a loss of N396.6 million for the period, exacerbated by escalating istrative and personnel expenses. This analyst review delves into the company’s financial performance, offering an analysis of its core metrics and examining its future prospects for investors. Ellah Lakes saw its revenue for Q2 2025 stand at N18.97 million, a notable improvement from the corresponding period in 2024 when the company reported no revenue at all. This growth, though positive, was insufficient to offset the sharp rise in operating costs. The company’s revenue generation, primarily driven by its agricultural activities, reflects an ongoing effort to expand its business operations. However, the modest increase in income was dwarfed by the surge in operational expenditures, which is a key factor contributing to the company’s poor financial performance. The company's operating loss for Q2 2025 soared to N675.8 million, a significant deterioration from N344.2 million in Q2 2024. The steep rise in operating losses is attributed to higher istrative costs, which amounted to N249.3 million, a sharp increase from N86.3 million in the prior year. Additionally, personnel expenses nearly doubled, rising to N414.3 million from N119.5 million during the same period last year. The sharp increase in operating costs is attributed to the company’s ongoing restructuring efforts, the scaling of its business operations, and inflationary pressures that have affected its cost base. As Ellah Lakes continues to ramp up operations, these higher costs will likely persist unless the company achieve significant efficiencies in its processes or on the higher costs to consumers. One of the most concerning aspects of Ellah Lakes' Q2 2025 financials is the surge in its total liabilities, which increased to N4.61 billion, up from N2.7 billion in the same period last year. This substantial rise in liabilities is largely driven by a director’s loan of N1.88 billion and borrowings amounting to N1.14 billion. Such a significant increase in liabilities places additional strain on the company’s balance sheet, particularly as its retained losses have widened to N4.81 billion from N3.96 billion. The growing debt burden is a serious concern for shareholders, as it threatens the long-term viability of the company and erodes shareholder equity. In particular, the company’s retained losses continue to grow, reducing its ability to reinvest profits into expansion or reduce its reliance on external financing. Despite the financial challenges, Ellah Lakes has managed to maintain a revaluation surplus of N14.93 billion, which has contributed to total equity of N19.95 billion as of January 31, 2025. This revaluation surplus, however, is largely a paper gain and does not directly contribute to the company’s liquidity position. While the revaluation surplus bolsters the company’s equity, it does little to alleviate the immediate financial pressures, especially considering the mounting operating losses and growing debt. Ellah Lakes’ cash position is another area of concern. Cash and cash equivalents have sharply declined to N23.1 million from N243.3 million as of July 2024. This sharp decline indicates significant liquidity challenges, and raises concerns about the company’s ability to meet its short-term obligations without resorting to further borrowing or asset sales. The decline in cash reserves could signal a tight liquidity position, which affect the company’s ability to fund its operations, repay debts, or capitalise on new business opportunities in the near term. For investors, this raises red flags about the company’s financial stability and its capacity to weather future economic or market shocks. The stock price of Ellah Lakes Plc has also experienced a slight decline, trading at N3.20 per share on Friday, February 28, 2025, down from N3.22 at the previous market opening. While this seem like a minor fluctuation, it reflects broader investor sentiment regarding the company’s current financial health and future prospects. Given the company’s ongoing financial strain, characterised by rising operating costs, widening losses, a growing debt burden, and a weakened liquidity position, investors may face a challenging period ahead. Although Ellah Lakes has made strides in increasing its revenue and maintaining its equity base, the rising costs and liabilities continues to undermine profitability. Investor Recommendation: "HOLD" or "SELL"? For investors currently holding shares in Ellah Lakes Plc, the recommendation would likely be “HOLD” for now, with caution. The company's revaluation surplus and the potential for future growth in its agricultural operations remain factors that may stabilise its financial situation over time. However, given the significant operating losses, growing debt load, and liquidity concerns, investors should monitor the company closely for any signs of improvement in cost control, cash flow, and revenue generation. For prospective investors, the current market price of N3.20 per share represent a short-term opportunity, but only if they are prepared to take on the associated risks. With no clear path to profitability in the near term and ongoing financial pressures, caution is advised. The company’s current financial situation suggests that Ellah Lakes struggle to generate meaningful returns for investors unless there is a significant change in its operational and financial strategies. Ultimately, investors should consider their risk appetite and closely monitor the company’s next set of financial results and any updates regarding its debt management and liquidity position before making any final investment decision. © Gilbert Ayoola 4 Likes 1 Share |
| jckgroup1(m): 11:16am On Mar 03 |
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That's too poor. My thought though. essentialone: |
| yMcy56: 11:16am On Mar 03 |
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Those quick to drop AFRIPRUD because of UCAP's proposed dividend...... AFRIPRUD is coming with both dividend and bonus issue.... Just a reminder 1 Like |
| Mfunkynation(m): 11:19am On Mar 03 |
essentialone:Jesus! Ucap.. How the mighty has fallen.. |
