₦airaland Forum

emmanuelewumi:
N324 billion worth of First Bank shares traded today.

Over 10 billion shares and about 30% of First Bank outstanding shares

Keep an eye on First Bank.

I think there was a cross of 10 Billion units at N31

Maybe it's the final EFCC settlement

For Transcorp it's always one step forward, one step backwards.
UACN is always slow and steady upwards movement.
Since I enter PZ e never move.(I am not the cause of)
Cileasing gave me 20% but they don't want me to take it.

I remember that year Loco was marketing FCMB. They had the best MM as of then. They would chase Fidelity with everything. Now just see FCMB. A caricature of it's former self. They need to re engagement that their mm.

jckgroup1:
UBA on the move.

N50.50 right about now

I was banned for posting about tomorrow despite the fact that what I posted was not offensive.
Freedom of speech don go

So no market tomorrow. We mourn the death of our ex president

Agbalowomeri:

The stock dey vex you

I tell you. The worst thing be say, once bear comes the thing go start be number one to fall.

OoDeeA:
Is access bank really doing well as to guarantee growth. All this there crawling things get as e be

Very disappointing stock. I don't know if it's even the owners dumping their holdings. All the volume for over three weeks yet no reasonable movement.

It has even fallen below 25 at the moment. 24.85

Agbalowomeri:
Enjoy your quarterly dividend in dollars

Lol.

Seplat has done over N5billion yet no price movement. Na wa oh

EDUECO:
The 0.057 US Dollar is Naira equivalent of 70 Naira(the listing price in Nigeria).

Below is the current price in London Stock Exchange. That is 2.88 US Dollars

That is like N4,400.
Wow how can I sell my Nigerian holdings in London abeg. lol

EDUECO:
2 .76 US Dollars is not less than 70 Naira

the price is not 2.76dollars. it's about 0.057$
Go and crosscheck

EDUECO:
This is for London Stock Exchange.

That appears to be less than the N70 listing price, if I am mistaken.

EDUECO:
A unit of GTCO shares is around 90 plus Naira now.

That is in Nigeria. We don't know the price on the London exchange. It might be cheaper, just like seplat

Access bank: as Una dey buy no so them dey supply. Na wa oh.

Zenith almost 70. Now 69.7

Unofficially 400 MTN. But officially 395

This market dey really shock me. UBA at 43 while Access remains at 23.50
Even fidelity is catching up with Access. Fidelity now 21

Hmmm

Sunrisepebble:
Market whisper
Hearing the Chinko deal will be concluded, they’ll do an MTO but I think at same price as majority buyout.
For H1 hearing N7 EPS and likely another N4 interim dividend
NFA/DYOR

If it's the same price with majority buyout, then it's good to sell now oh. $0.06 at current exchange rate of N1,560 to $1 is like N93.6.
But they might not go lower than market price

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

UBA not laughing at all. Now 39.
These guys are only making Access bank more attractive

megawealth01:
You notice too

Zenith too. Now 61

UBA carry money enter this market today

megawealth01:
We have decided to let the MM do their thing up till #25 for a start

Na wa oh. But I have one question.
If I join now, will you people give me 100% by month end?
I no dey ask for too much.
I am looking for where to reinvest what is remaining of my Cadbury change.
Cadbury is still an option for me though, I only need to see how far profit takers can take it. If I see Cadbury at 20% less of today's opening, I go buy small

CILeasing really mean business. They have already moved officially to the climax for the day

Streetinvestor2:
It is not true. I have done my findings In abroad people sell property and investment the money in another real estate without paying CGT.
I have hard investors say how they have escaped taxes by reinvesting in newer assets. Even Warren B does it.The rich have been using it to escape paying big taxes

Abroad is not Nigeria. For instance, abroad, doing charity alone will exempt you from certain taxes. But in Nigeria they will tax you and look for a way of taxing that charity.

Do you know that in most states in Nigeria, you pay Capital gains tax when registering a land. I mean land that you just bought oh, land that have not appreciated in value.

Streetinvestor2:
Is not true and possible. How will they know if you are reinvesting.
It is only when you pull money from your brokage account to your bank act that CGT can apply. No CGT when you sell and reinvest the proceed .
I have decided na only dividend which they cannot collect another tax on it beside WHT will be hitting my account. The won't see shishi as CGT from me

Even when you reinvest, that money is taxable before the reinvestment. The moment you reinvest the new investment becomes another opportunity for a taxable income.
The question in taxation is when does the taxable income accrue.
Capital gains tax accrues the moment you gain from your initial purchase.
The very moment you sell that is when the tax becomes payable.
The second investment(reinvestment) becomes another customer for the tax authorities.


E go hard to escape this government tax. Everything you know, they know 200%

zendi:
Una too sharp.

I was even thinking they will be taking the tax at CSCS point.

Once you sell, they take. Because the money would pass through a bank before getting to the broker and before getting to you.
They will take it from the broker's account

Agbalowomeri:
Meanwhile e be like say na you AIICO dey wait for to leave before moving Lol

Aiico na directors food. They are not interested in share price appreciation. Them don swear to never ever allow the stock go up

pluto09:
https://punchng.com/forbearance-exposure-cbn-directs-banks-to-submit-capital-restoration-plans/

This cbn ehh, I no know wetin to say.
This is what they should have done, Before that confusing circular.
They just don't know what they are doing, they appear to only what to be seen doing something.

megawealth01:
.
Congratulations. Welcome on board 🛹

My broda, you guys should be good to me abeg. I am not asking for too much. Just %100 return. I no dey greedy like some other pple.