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Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 8:32am On Nov 10, 2020 |
I have a feeling that fidelity has been reprised and has never gone below #1.70 A stock I bought for 0.81k and sold for #2+ I've been patiently wait for it to go below #1.15 But looks like I would wait much longer |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 8:13am On Nov 10, 2020 |
Notable personalities are kind of shying away from contributing to the thread in recent times.... The truth is even in all the bashings that must have gone down in the past, this thread predicted stocks that made people fantastic profits.......... Let me list a few.... 1) Zenith during any period of Crises 2.) Access-diamond 3.) May and baker 4.)Dangflour to olam 5.)Tigerbrands to dang flour 6.) Oandos men in black Both fundamentalist and technicians......... I miss the contributions From our good men here If you have got access to them please beg them to come back 3 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 7:41am On Nov 10, 2020 |
Silverpurple: The best you can make through dividend income is about 20% if you entered at too good a price, remember that this is yearly income so if you are currently sitting on say 60%, you can sell and in the space of 3 years time, a wicked bear can ravage the system for you to renter 4 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 7:06pm On Nov 09, 2020 |
Transcorp strategically releases good news during bull season 2 Likes 1 Share |
Investment / Re: Treasury Bills In Nigeria by maishai: 7:48am On Nov 08, 2020 |
nna777: You probably read papers and watched videos...... I can bet u got no empirical evidence in your research, u never met with gadaffi or his family members, u never spoke with a cia official You never spoke with drug lords on drug trafficking and i can say without doubt that you never met with any central banker .................... The mind is a very beautiful processing organ given to us by the almighty , be care what information you let in 5 Likes |
Investment / Re: Nigerian Stock Exchange Market Pick Alerts by maishai: 4:59am On Nov 05, 2020 |
handsomebolanle: Thats good news to Nigeria |
Investment / Re: Treasury Bills In Nigeria by maishai: 12:13pm On Nov 04, 2020 |
IS THERE ANY ONE HERE who in recent past subscibed to tbills @ this rediculous rate.............. please share your reasons fo4 subscibing |
Investment / Re: Treasury Bills In Nigeria by maishai: 8:20am On Nov 03, 2020 |
DigitalMallam: Day light robbery with the law, see how workers are robbed, after paying your tax(paye), the government has dipped their fingers into people's retirement savings through the pension funds act, at this rate of inflation the government is spending the current value of ur retirement sweat to give you worthless naira in the future, Meanwhile infrastructure is still at snail speed development 3 Likes |
Investment / Re: Treasury Bills In Nigeria by maishai: 5:06pm On Nov 01, 2020 |
ahiboilandgas:ok o |
Investment / Re: Treasury Bills In Nigeria by maishai: 4:40pm On Nov 01, 2020 |
If the Money generated at Lekki Toll gate is truelly spent on the development of Lekki,,,Flooding would be a thing of the past there and Lekki should be competing with Dubai now 7 Likes |
Investment / Re: Treasury Bills In Nigeria by maishai: 4:38pm On Nov 01, 2020 |
If All the Owo Foundation, Owo roofing collected yearly is truely accounted for and enters into Government coffers, why should the central government be crying about poor tax 2 Likes |
Investment / Re: Treasury Bills In Nigeria by maishai: 4:30pm On Nov 01, 2020 |
In this rural community where i stay, An ultra modern farm wants to expand and lay coal-tar on the access road leading to the main road, a distance of about 1km............................... The owner had to pay the local Baale(chief) #8million cash............ If such money had been tagged development fees and genuinely paid into Government coffers................. Do you know how long It would go to alleviate the problems of the masses 5 Likes |
Investment / Re: Treasury Bills In Nigeria by maishai: 3:53pm On Nov 01, 2020 |
There is a practice currently going on in nigerian cities................... People are made to give up as much as 6-8 months salary................. The fact that nobody is saying it does not mean it is not happening especially people from low income bracket......... Imagine such money genuinely entering Government quarters |
Investment / Re: Treasury Bills In Nigeria by maishai: 3:44pm On Nov 01, 2020 |
ultron12345: My definition of tax is when an authority(the Government) takes away part of my income for the well-being of the collective(society)................. I definitely would be a fool if I doubt your statistics............................................ |
Investment / Re: Treasury Bills In Nigeria by maishai: 2:04pm On Nov 01, 2020 |
SamReinvented: I would be a fool to doubt the theories of taxation and economics but things dont really look the same from the ivory tower as on the field, one reason African researchers are taken for granted is that the never go to the fields, citing figures that come to Buhari and Emefelie table does not give the true picture of the situation on ground The average tax collector knows how to collect his tax even down to the worker that has no BVN........ They have developed their methods though un-conventional............ If only you can phanthom the humongous amount that should enter state coffers going into individual pockets........ Anyway I give up and would just reason along with you guys but I know reality is otherwise 1 Like |
Investment / Re: Treasury Bills In Nigeria by maishai: 12:08pm On Nov 01, 2020 |
RayRay06677: Europe needs this people to do a lot of menial tasks...............If one has ever ran a production facility you would quickly notice the amount of low skilled works needed to be accomplished daily is much and with Europes over-educated population, many europeans are not ready to do this jobs........... for example we know machines need lubrication but no qualified technician or engineer wants to be employed greasing machines all day............................... enter this sort of people you see in the picture...... 3 Likes |
Investment / Re: Treasury Bills In Nigeria by maishai: 11:53am On Nov 01, 2020 |
One thing with we Nigerians is that we crunch Numbers easily cos we know the theory but no one ask if the Data being generated to crunch this numbers are precise and accurate, I agree with a lot of what people are saying here.........................but on the issue of Tax, the data all of us here are quoting and using for our analysis is flawed and not accurate,,,,,,,,,Tax revenue collected is grossly under reported for various reasons, you need to visit the offices of our local state and federal governments around to understand this................................... Using the local government i stay in for example, I can never trust the data generated from there.................... The amount plifered daily is humongous from field before it gets to chair-man and auditors table............... The amount of conniving going on is crazy............................................ Good economics cannot survive Corruption 4 Likes |
Investment / Re: Treasury Bills In Nigeria by maishai: 9:14pm On Oct 31, 2020 |
Sounds like some people enjoy paying taxes in Nigeria..........As for me I don't and look for all means to evade it, for the sole reason that it would be embezzled by who knows whom 1 Like |
Investment / Re: Treasury Bills In Nigeria by maishai: 5:02pm On Oct 31, 2020 |
jedisco: I believe this summarises my thought, WHAT i may add is that Revenue Generation from taxes in Nigeria is grossly under reported in fact all forms of revenue Generation in the country is grossly under reported, 5 Likes |
Investment / Re: Treasury Bills In Nigeria by maishai: 4:45pm On Oct 31, 2020 |
Nigsrdumb: I'm not too versed in the right economic diction to use but I can tell you that any Nigerian that is adding value into the system is heavily taxed....... Taxes were originally meant for the well being of the whole but only a few just siphon the cash off and keep spreading this mantra that Nigerians dont pay taxes |
Investment / Re: Treasury Bills In Nigeria by maishai: 4:34pm On Oct 31, 2020 |
Nigsrdumb: It can be done with the current level of taxes Nigerians are paying Go to Dubai, London , Paris and see properties Nigerian Public Office holders are acquiring Look at MC Oluomo and tell me he is not feeding fat on taxes that should have repaired roads and build factories Look at Atiku and tell me He would be this great If he had never been NPA camptroller General, Tinubu Nko..................thats for another day So tomorrow Tinubu or Fashola will stand on National TV now and tell me Nigerians pay little taxes and you sef believe 5 Likes |
Investment / Re: Treasury Bills In Nigeria by maishai: 4:25pm On Oct 31, 2020 |
Many people here quote developed economies but the harsh reality in Nigeria is that the bulk of Nigeria runs an informal economy This Economy is not Legible to KPMG and Deloitte in their AC room with accounting software....... Trillions is exchanged everyday in our economy and this money is extremely taxed......... There is no level of wealth someone has in Nigeria that the Government has not found a way extracting tax from the citizens....what baffles me is the amount usually reported as being collected as tax revenue 7 Likes |
Investment / Re: Treasury Bills In Nigeria by maishai: 4:16pm On Oct 31, 2020 |
There is a very thin line between Taxation and extortion........................... I happen to have witnessed the birth and growth of a local market in the village..................... This local Government Chairmen, councellors, honorables and OBAs generate a lot of revenue from a very humble market from space allocation, store allocation, and vehicles that deliver food stuffs and Goods........even the water provided in this market cant be acccessed by store owners, you pay for this water........yet the market can best be descibed as a Cesspit The local government never see it fit to take the market to the next level........ All what they are looking for is for you to bring in a new idea, make money and they come for their own cut with all manner of new levies Most people that talk about taxes on forum are not incident to major taxes.............. You cant make money in Nigeria without the Government rearing its head to collect taxes............ The Government just has to improve its accountability to the people If you happen to run a medium scale manufacturing facility and Government does not disturb you with all manners of levies and Taxes, Please tell me let me join you there If you know the amount of businesses that have folded up because of taxation................ 6 Likes |
Investment / Re: Treasury Bills In Nigeria by maishai: 3:43pm On Oct 31, 2020 |
jedisco: I have never trusted Nigerian Data on Taxes............................. I am of the opinion that the Government should transform all Uniformed men into tax collectors................ The average Nigerian is already over taxed. Where are all this revenue going to : alphabeta and their cohort........ Any body saying Nigerians dont pay taxes and Government are not collecting enough taxes is a stranger and not living in Nigeria 3 Likes |
Investment / Re: Treasury Bills In Nigeria by maishai: 3:29pm On Oct 31, 2020 |
ultron12345: Oga this system is dead on arrival in Nigeria, Next Common entrance examination of your kids to secondary schools...... go there and witness the legendary level of malpractice that is going on................Go to WAEC, JAMB, NECO,A-LEVEL, POST JAMB, GRADUATE AND POST GRADUATE and witness extra legendary levels of malpractice and someone is suggesting Nigerians Write exams to obtain positions of service Kill this idea it wont work 3 Likes |
Investment / Re: Treasury Bills In Nigeria by maishai: 3:19pm On Oct 31, 2020 |
ahiboilandgas: This scheme being described is equivalent to something like Pension Earnings Contribution already in place in Nigeria........... If you really take a look at it, Its just another means of siphoning money from the organised working class Most of this schemes that we see that has worked in the west, when introduced into Nigeria turns into something else, I can give xamples of the Pension earnings contribution and Soverign wealth funds These schemes has never benefitted the Nigerian Masses 6 Likes 1 Share |
Investment / Re: Treasury Bills In Nigeria by maishai: 1:42pm On Oct 31, 2020 |
Why do people call for the heads of companies that have managed to make profit in Nigeria especially when the men championing them are blacks.......... Today every body wants to take down MTN, Dangote , BUA ..................... Its like secretly We want people who set up ventures to fail............ Yesterday, Bode George was echoed saying Tinubus so collects 10% of alphabeta revenue, as if Bode George has been Governor he wont institute the same 1 Like |
Investment / Re: Treasury Bills In Nigeria by maishai: 1:25pm On Oct 31, 2020 |
TransAtlanticEx: this sounds so much like Buhari in 2015 and Nigeria humbled him again on his second coming.................................... |
Investment / Re: Treasury Bills In Nigeria by maishai: 10:37am On Oct 31, 2020 |
TransAtlanticEx: If one was to pay for all that he or she gets dont you think Life would be damn expensive 1 Like |
Investment / Re: Treasury Bills In Nigeria by maishai: 10:31am On Oct 31, 2020 |
It really pays for one not to loose focus of things in life, an average person wants health not hospitals, education and not schools, Food and not agriculure................................I seriously laugh when people bring up the American model of health built on having the latest medical facilities........ Nigeria today does not need the most sophisticated Hospitals when good public health sanitation routines are not adhered to..................... So many companies are dumping toxic chemicals into our water ways, nobody is challenging them,,,,,,, Farmers today are abandoning Age old practices and using all sort of chemicals on their farms, Nigerians are not voicing out......... The fact that someone is identifying public health as a path to wealth means the number of sick folks is on a geometrical rise............. I pray nobody here looses someone just because of medical fees Call it entitlement mentality but I am of the opinion that No human being should pay a dine for health services............ 1 Like |
Investment / Re: Treasury Bills In Nigeria by maishai: 5:21am On Oct 31, 2020 |
Fyabdul: Give a little time for the financial system to process ur money....... ur money is definitely not lost......it would show up |
Investment / Re: Treasury Bills In Nigeria by maishai: 5:53pm On Oct 30, 2020 |
ultron12345: Well, you must have done your research, Others doing it must have also seen value before venturing into it..............I can only wish you Open Heavens |
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