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KarlTom's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:46pm On Jul 10, 2025
The effect should be positive and visible immediately.
Depends on both parties honoring the conditions promptly and market forces... wink

Panadee:
Any idea of the implications for current or aspiring shareholders please?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 6:31pm On Jul 10, 2025
Oshe.
Agba Motivational Speaker grin
mails4funshi:
"Na Inside Bush Money Dey"

The phrase "Na inside bush money dey" is a Nigerian Pidgin expression that translates to "Money is in the bush" or "Money is in the wilderness". It implies that the speaker believes real opportunities, especially financial ones, are not found in conventional or urban settings, but rather in more remote or challenging locations.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 5:45pm On Jul 10, 2025
Closed at 13.60 grin

Locotrader:
Bet me,Vfd can't come down below N14.
You know why?
Ellah lakes and Japaul have disrupt the market causing a spike in all stocks.

It's like you don't know what 500B and 100B naira from only 2 junk companies has caused in the system

Who wants to carry last.You can only talk of pullback for Vfd but not looking for it at N10.

Don't be surprise to see Vfd at N25 before any significant bullback
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 5:43pm On Jul 10, 2025
No sir!
I'm just fortunate to get it right more often... wink

SonofElElyonRet:
You have perfect timing grin
Give me a heads up when you think it's tanked properly.. as usual I bear the risk
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 5:40pm On Jul 10, 2025
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 4:21pm On Jul 10, 2025
I have observed the bolded for some time.

I kept wondering why the guests were often more than those online... grin
Streetinvestor2:
Na those ponzi money way full net they enter ngx. Look at the number of people on this thread in the morning and the number of guests. You go see watin I dey talk.
The news is spreading that ngx is the place for money doubling now.
I don they receive calls from friends asking about stock because they know I am involved. Infact a branch manager of bank was directed to me by a friend to ask about stocks..
He happened to be our both account officer
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 3:13pm On Jul 10, 2025
grin grin

Mpeace:
Cadbury fall today to 55. If It falls tomorrow, I re-enter.

MTN might get to N400 by tomorrow. Did maximum appreciation today to close at 390
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 3:11pm On Jul 10, 2025
Partially true.

VFD rose from ₦47.2 to ₦96 in about 2weeks prior to the bonus.

I think the market is correcting/repricing it.
I am a strong advocate for VFD but I sold a large chunk at ₦96 (pre-bonus).
I'll re-enter when I'm sure it has tanked properly (likely next week) wink

SonofElElyonRet:
That's what crashed the price
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:40pm On Jul 10, 2025
Closed at +10% grin

Mpeace:
UBA not laughing at all. Now 39.
These guys are only making Access bank more attractive
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:37pm On Jul 10, 2025
ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. +0.37%
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom:
Seeing what has changed is not really important.
Seeing the % increase in your holding/portfolio is VERY IMPORTANT grin

ojeysky:
I still can't see what has changed on redstar books to warrant the 10% back to back, maybe it's just the season of bull sha.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:06am On Jul 10, 2025
Any news about clearing the debt will take it to ELDORADO cool

megawealth01:
If your have spare FUNDS pick PZ at sub 35 today...

DYOR
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:04am On Jul 10, 2025
Ding cool
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 3:15pm On Jul 09, 2025
NASCON

Something is brewing.
I expect more details by August... smiley
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 3:11pm On Jul 09, 2025
Your chokehold on Loco's neck should be a research topic... grin

PETERiCHY:
LOCO these are SALES and PURCHASES you made since YESTERDAY morning as a TRADER that you are..

Now show us the PROVE that you didn't SELL your Cileasing this morning or hold your PEACE ✌️

MEANWHILE it's like the market peaked today and all the Q2 results priced so henceforth we should EXPECT a CORRECTION.


BARGAIN HUNTERS TAKE NOTE!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:44pm On Jul 09, 2025
ARADEL. -0.09%
CONOIL. ±
ETERNA. -6.98%
OandO. +0.19%
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:46am On Jul 09, 2025
Please speak.
I hold no grudge... grin
mikeapollo:
I think I missed this post;
I have strong reservations but I will allow it to pass. E get why.
A particular stocks has joined our interests together and I don't want someone else's cluelessness to put us asunder grin grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:00am On Jul 09, 2025
Ding! cool
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 8:59am On Jul 09, 2025
I plan to jump in after the dip... grin
aj8:
Still a lot more upside for Cadbury, KarlTom. May be tough getting back in at a lower price unless Q2 disappoints.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 8:58am On Jul 09, 2025
No sir!

I meant I sold at maximum price (+10%) yesterday... smiley

emmaodet:
Just 10% gain? is that not too small?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 6:13pm On Jul 08, 2025
It is running out of steam...
megawealth01:
Wetin ELLAH do na? grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 5:42pm On Jul 08, 2025
Sold DEAPCAP & CADBURY today at +10%.
I forsee a slight drop in ELLAH and CADBURY before Friday

Every mallam to his kettle...
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 5:36pm On Jul 08, 2025
ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. -2.18%
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 5:25pm On Jul 08, 2025
There is a exception window of up to ₦150 million proceeds, with gains below ₦10 million, over any 12-month period
phadriz:
Stop saying wrong things with confidence. The moment you sell, profit or loss with be determined and you are liable to CGT. Cash withdrawal or not is account receivable and cash/bank which has nothing to do with taxation.

Do you know you're liable to tax if you sell your goods on credit. The same is applicable here.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 5:23pm On Jul 08, 2025
Q:
So If I invest 10million naira in stock XYZ and sell after 15months for 17million naira.
Will CGT be deducted?

------------------------------------------------------------------------------------
Ans:

Great question! Let's break this down using the **2025 Tax Reform Act** in Nigeria (effective **January 2026**):

### 🔍 Your Scenario:

* **Investment amount:** ₦10 million
* **Sale proceeds after 15 months:** ₦17 million
* **Capital gain:** ₦7 million
* **Type of asset:** Shares/stocks (stock XYZ)
* **Investor type:** Assuming you are an *individual resident in Nigeria*

---

### ✅ Does CGT Apply?

**No**, **CGT will not apply in your case**, because:

> 📌 **Capital gains from share disposals are exempt** if:
>
> * The total proceeds in a 12-month period are **₦150 million or less**, **AND**
> * The capital gain from such transactions is **₦10 million or less**

Your case:

* ₦17 million proceeds → ✅ under ₦150 million
* ₦7 million gain → ✅ under ₦10 million

➡️ **You meet both exemption criteria**, so **you won’t be taxed**.

---

### 💡 Extra Tip: Want to sell more later?

If you plan to sell more shares and your **total proceeds** in a **12-month period** exceed ₦150 million, or your **gains exceed ₦10 million**, then CGT (at **10% or your PIT rate**) would apply **on the excess**.

---

Let me know if you want help planning roll-over relief, tracking gains, or offsetting losses!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 5:22pm On Jul 08, 2025
According to ChatGPT,

Digital assets now taxable:
CGT now applies to crypto, NFTs, and digital assets, at 10% for individuals, or per applicable PIT band

Extended loss relief and carry-forward:
Capital losses can be deducted from gains within the same asset class, and unused losses can be carried forward for up to 5 years

Roll-over relief for share disposal:
Gains on share sales are deferable if proceeds are reinvested into Nigerian company shares within the same year of assessment

Expanded CGT on indirect transfers:
Tax now applies to indirect disposal of shareholding, such as sales via offshore holding companies

Higher exemption threshold for share disposal:
Up to ₦150 million proceeds, with gains below ₦10 million, are exempt in any 12-month period

smiley
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:45pm On Jul 08, 2025
grin
Princkez:
we no book grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:45pm On Jul 08, 2025
Might not be possible... grin
BabsO2:
Waiting for a higher low of N7
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 12:34pm On Jul 08, 2025
Book some profit with ELLAH.

The tide is slowing down...until a news gives it fresh momentum smiley
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 10:00am On Jul 08, 2025
Ding! cool
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 9:28am On Jul 08, 2025
Parent smiley
zendi:
Who owns the $70m loot from the Palm Oil JV Exit, when completed?

The Nigerian or Parent Company?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 2:50pm On Jul 07, 2025
ARADEL. ±
CONOIL. ±
ETERNA. ±
OandO. +0.09%

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