₦airaland Forum

Streetinvestor2:
It was my personal greed that got me tied in total oil .I no sabi lie.i suppose japa long ago after 200% gain and things began to change

They released a result I did not understand. I no dey do wetin I no fit explain to another person.

Let me pretend like I don't know the oga he is referring to but the oga gave clear clues which someone like me followed after doing my due diligence and sold with 300% profit. In fact he told some of his disciples when he sold and kept on saying he doesn't think anyone should be in the downstream sector considering the situation.

emmanuelewumi:
Did he inform the house when he sold and why he sold.

With the coming on board of Dangote Refinery and the thinning margins of companies in the Petroleum products marketing sector it will be foolish for anybody to hold on to stocks in the sector

Streetinvestor2:
II think it should be q3 and q4 results. I think H1 was close to #100 which I used then to base my projection for dividend for anything above #70 as total dividend

Most likely the case. Even in the last quarter I think revenue reduced, from my calculations. I wish I could see the standalone Q3 and Q4 results. It would be clearer

Streetinvestor2:
It looks to they annulise this companies results na rubbish. How did presco end with #120 for 2025 with #48 in q1 2025
So what could we expect for 2026
What I got from presco 2025 dividend is far below expectation..I was expecting close to #200 eps for 2025 with #70 and above for dividend oh.I dey like talk my mind even if I dey the stock .

Thanks for the link

Something went wrong with Q4, I think. 9 month result already had about 110 Naira as EPS. could it be 10 Naira they made as EPS for the last 3 months in the year.

Yes, i get it now.

Namaster:
This is how it's worded in the NTA 2025:

"Provided that gains accruing to a person on disposal of shares in any Nigerian company shall not be chargeable gains where the

(i) disposal proceeds, in aggregate, is less than 150,000,000 and the chargeable gain does not exceed 10,000,000 in any 12 consecutive months,"

It means the ONLY way to escape tax is that the Sales Proceeds must be less than #150M AND the Net Gain must be #10M or less.

BOTH of these conditions must be present if you want to AVOID the CGT.

If you meet ONLY one of the 2, then you'll be TAXED.

Another way to illustrate this is:

Above #150M sales proceeds but below #10M gain = TAX.

Below #150M SP but above #10M gain = TAX.

Above #150M SP and above #10M gain = TAX.

Below #150M SP AND below #10M gain = NO TAX.

Hope it's clearer now.

No, i am not. Can you explain the CGT clearly please?

Agbalowomeri:
Are you a programmer? Lol

The "AND" seem confusing. I interprete it that both condition must be present. Above 150 million AND above 10 million = Tax.

What you are explaining here is "OR". Sold above 150 million "OR" gain above 10 million = Tax

If its truly "AND" then;

Sold below 150 million "AND" gain above 10 million = No Tax ( because both conditions are not met)



I am open to more explanation

Namaster:
Point 1:

You don't seem to fully understand the new tax laws.
The target is NOT individual transactions. It's the aggregate transactions in a portfolio.

It means that if you sold some shares for sales proceed ABOVE #150M or gain above #10M. Then used that proceeds to buy another share before selling it at the same price you bought it or even at a gain way below #10M; you will be liable to CGT IF you withdraw the money.

So selling for amounts that breach the exemption threshold and then buying and reselling another stock at a break-even price or even for a minimal loss is NOT a viable tax planning strategy.

There are only 2 ways to escape CGT in 2026 as an individual:

a) Your aggregate Sales Proceeds (from all transactions in your portfolio) must be LESS than #150M AND your Net Gain (from all transactions in your portfolio must be LESS than #10M.

The conditions are CONJUNCTIVE.
Which means BOTH of them must exist before you can be free from CGT.

So if you sell multiple shares over multiple transactions and have a total sales proceeds of #151M and a Net Gain of just #2M, you'll be TAXED.

If you sell multiple shares over multiple transactions for a total sales proceeds of #15M and made a Net Gain of #10.5M, you'll be TAXED.

b) The second way to escape CGT is to simply RE-INVEST EVERYTHING. If you sell for an aggregate sales proceeds of #1B and a Net Gain of #500M and you used everything to buy shares in a newly listed Dangote Refinery, NOBODY will tax you.

The same thing applies if you take that money and invest in any legally REGISTERED Nigerian Company even if they are not listed.


Point 2:
This is a serious matter.
People should be more worried about this.

Many of Tinubu's allies in the North died this year—Buhari and Dantata.

A look at the Coup Plotters shows that majority of them are from the North.

Both of these things could be related.

Point 3:

This should NOT make you scared. It should make you OUTRAGED.

Everybody knows that Trump's actions in relation to the ALLEGED genocide is performative. At least, the smart people do.

Even you are not advocating for Tinubu to tackle the security crisis in Nigeria. Instead, you are hoping he strikes a Mineral Deal skewed in favour of the US because you know this is a BULLYING Tactics by the CRIMINAL President of a rogue US.

Nigeria has a security problem. Not a genocide problem.

People who spin a different narrative have a SINISTER or SELFISH agenda.

It looks like this doesnt work anymore

Okay thanks

sterlingD:
The EPS was calculated using 479,815 with OS 2 Billion

It is on page 22




Is it page 23 ?

I am even trying to calculate the EPS with the new outstanding share of 4 billion. I got about 14 kobo and the report states 24 kobo. Abi is me that dont know book ni?

emmaodet:
Checking it also and not getting the value quoted in the income statement

...

Tohmey:
Man $ADA is a top notch coin to HODL
just keep on Averaging it so that you get close the current price in due time

Thanks for your contribution

GRACEGLORY:
You’d better stopped taking bad advises, You wan Dey gamble with crypto, bro. Don’t mess with ADA. Why do you think those tokens and coin remains in the top 10.

With a market capitalization of over $20 billion thereabout, ADA sits above some of the biggest industry giants, such as Litecoin, Polygon, XMR, and Dogecoin. You think the owners of the $20 billion are dimwits. Sell, and go buy some new coins, see what happens…

Thank you

Nobody here talks about Cardano. Am I holding the wrong coin? I bought in 2021 at average price of $2. Some tell me, should I HOLD or just sell now? Ejoor

Good morning

Hi

Data is life

Data is life

khadii1:
Is your name out? The list is out.
I will retry in January



quote author=anbaar post=126412666][Sorry to hear about that. I haven't even gotten invitation for the examination. Let's see how it pans out.quote author=khadii1 post=126411141]
No!

I contacted study in Finland and I was referred to the school. I sent email to the school, non responded yet and exams on the 19. I might have to wait until January for a retry.

hello, I will like to apply too, which documents do I need to apply?

daseento:
MSc, 100% first year. 50% second year

Thanks

[quote author=daseento post=127159449][/quote]pls can you give a percentage of the tuition that was waived and is it for MSc or PhD ?

okay

randy01:
Yes it's good for beginners more than demo but if get experience just deposit on deriv and start

Do you think the FXTM micro (cent) account is a good start considering the spread?

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Hi, I am a mobile network data vendor. I sell SME and CG data for all networks starting at #250 Naira per gig. Have a nice day

Hi, I am a mobile network data vendor. I Sell SME and CG data for all networks starting at #250 Naira per gig. Have a nice day.

Good morning