₦airaland Forum

Ginalex:
To be honest, I never reach the 150m tax bracket but I foresee reaching there in the near future. So na my future I dey fight for like this . "... total gain do not exceed #10m..." . 10% of 150m has already exceeded 10m. I might as well just put that money in fixed deposit at 20% and sleep easy. The more I think about it, the angrier I get

Ginalex:
Let's even say the "reset" happens and the "cost base" becomes the higher of your purchase price and 31st December, 2025. That's only one part of the problem plus the "reset" is a one-off event. My major concern is the 25%-30% CGT. It's too much. Also, in my opinion the 150m and 10m criteria are not much. They should be increased to 500m and 50m🚶🚶

Sunrisepebble:
If it was to do with the CPC as you said. We would also see the impact on the official FX rate considering we rely on a lot of foreign flows for our OMO bills. No effect there at all.

emmanuelewumi:
There is a limit to how they can manage stock prices

ololufemi:
Isn't it better to target the rights issue to better cushion the effect of the CGT in case you bought at significantly lower prices.

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mikeapollo:
They may still push the price to a favourable range for the public offer to look attractive

Streetinvestor2:
U re correct. The only thing is another 50% crash is possible too after u buy..lol

essentialone:
You are welcome. Adapt fast if you must survive here.

Freshandfitpod:
Hello, I'm new here, I'm Nigerian-American living in Miami and also one-half of the fresh and fit podcast. I have over 15 years trading stocks with a multi-million dollars portfolio. I'm thinking of also investing back home reason why i am here. With my experience i will greatly like to impact my knowledge to all members here feel free to ask any question, I'm always available. Thank you.

ghm:
What do you mean by rotating into another stock, even the same one?
Do you mean selling the stock and reenter again? Did you consider the impact/extent of the fees to sell and fees to buyback?

Kindly explain more.

KarlTom:
The Punch article aptly called it reverse acquisition...

goslowgoslow:
Look at how he completely go off point.

HesInMe:
So Agro-Allied Resources and Processing Nigeria Limited (ARPN) -- the company Ellah wants to buy -- is going public at a huge premium to its intrinsic value? That public offer prospectus will be fire.

If it'll be clear enough to read, that is.

ololufemi:
If you dig deep, you'll see that technically, some of the banks own the shares of FMDQ which gives them an undue advantage.

ppogba:
You failed to. mention turnaround.
The first word in the lexicon of corruption I learnt over four decades ago.

awesomeJ:
I agree with your perspective 💯💯

The real fix for the economy would be to have more productivity, export more and shore up our reserves with earnings rather than debts

That's why net reserves figures are a better measure of progress than gross reserves.

We're not having the best or ideal situation yet, but let's also not just write off any little progress.


Like the debt servicing you mentioned, I think it was once above 100% of revenue and mostly above 90% post COVID, now it's below 50%, and they can even take it to around 30% by simply lowering yields to around 12%.
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awesomeJ:
I don't understand what you mean by "countering" could you explain?

The instruments should be complementary??

GeeKudi:
I responded earlier today to a post which said Trump will do everything to make a certain presidential candiate lose election in 2027 that the same Trump just lost an election in New York City to a candidate he hates with all his soul and spirit. I was banned and my response deleted. The bot is really over doing it.

awesomeJ:
Business Day is reporting $9.1bn in subs vs $2.2 bn offering for this week's Eurobond.

Good new for reserves: $50bn becoming more realistic
Good news for naira: we should move below 1400 in a matter of days
Good news for the market: CBN should be comfortable with another 2-300 bps cut.

MaxInDHouse:
Only one name is given both in heaven and on earth through which we should approach God in prayer! John 14:14
So if you are supporting anything apart from this i'm telling you now that you are not a worshiper of my own God!🙂

MaxInDHouse:
Jesus refused to pray for anyone who is demanding that's why he said:

I have given them the sayings that you gave me, and they have accepted them and have certainly come to know that I came as your representative, and they have believed that you sent me. I make request concerning them; I make request, not concerning the world. John 17:8-9

In fact he never prayed with them until that faithful day instead he will withdraw to pray ALONE! Matthew 14:23
So by the time he prayed with the twelve all others who are not ready to accept everything he taught has left him! John 6:66
Paul prayed for his fellow believers in Christ who are ready to bow to everything Jesus taught not some people meaning they are all in agreement! Matthew 18:20

MaxInDHouse:
James is following his brothers footstep {1Peter 2:21} saying a believer who sin should approach the elders whom Jesus chose to assist his flock.
But claiming Christians can pray to God in any other name apart from Jesus that is totally unscriptural it's not about belief but outright disobedience to God's word!🙂

MaxInDHouse:
I'm not judging what your believe i only told you God forbid that i should be your fellow worshiper when you insist on praying to your own God through another name apart from Jesus!

chimex38:
Improper question-context.

Answer:
Pray through Jesus
Pray through Mary to intercede to Jesus
(I have listed verses in this thread that support her intercession ability through her and approval from Jesus).

MaxInDHouse:
God forbid!
If you are arguing against what the Bible says you can never ever be a worshiper of my God.
The order from God says "listen to my Son" {Matthew 17:5} and Jesus said "ask or pray in my name" John 14:14
So if you keep arguing that it's my belief then it means you don't believe in Jesus as the only begotten Son of God whom we must bow to whatever he says! Philippians 2:10🙂

MaxInDHouse:
NO!
Once we disagree on what Jesus taught it simply means one of us doesn't accept Jesus as God introduced him to us:

“This is my Son, the beloved, whom I have approved. Listen to him.” Matthew 17:5

So instead of endless arguments on what the scriptures say it's better to end it and conclude we worship different Gods!🙂

MaxInDHouse:
It's unscriptural!
It's when a believer sin that the elders are asked to pray for him {James 5:14-15} and when a believer is in prison we can pray for him but for one brother to just ask for prayer from another it's not scriptural.

You have concluded that it's my beliefs so there is no need worrying yourself just know that my God differs from yours simple!🙂

MaxInDHouse:
My belief totally contradicts your belief so we aren't worshipers of the same God!🙂

MaxInDHouse:
Jesus didn't teach his disciples to pray for anyone rather we are to TEACH you how to please God so you can open your own mouth to pray!