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Panadee's Posts

Nairaland Forum › Panadee's Profile › Panadee's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 12:18pm On Sep 09, 2025
orriyomi33:
Mine has landed😎
When please?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 10:00am On Sep 09, 2025
KarlTom:
Ding cool
You too much oo! grin
Are you using a bot?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 10:00am On Sep 09, 2025
DING!!!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 9:59am On Sep 09, 2025
megawealth01:
Is C and I paying the dividends earlier than expected just as they did the AGM earlier?
I think so because the payment date has already been stated as this week.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 10:00am On Sep 08, 2025
DING!!!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 11:16am On Sep 06, 2025
MrSamsung:
Thank you very much for the explanation.

So as investors since we are getting the Rights issue at the actual price/market price(N50), why do they bother mentioning the nominal value(50 kobo) ? Or is there a way to get those Rights issue at the nominal value price or share premium price, which in either case will be a huge discount(10x or close to 10x)
That’s standard terminology

No way on God’s green earth
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 11:09am On Sep 06, 2025
MrSamsung:
Please from your email, the ambiguous or non-straightforward "50 kobo each at N50 per share" statement means what in actual cost of the rights issue
Oga Karl has done justice to your question 👍🏾
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 11:09am On Sep 06, 2025
KarlTom:
Actually the signs were there wink

Now I expect a rally that'll take the SP well above ₦50 in order to make the RI attractive to SH 🤠

By the way, I don't know why I never received correspondence on the UBA RI from PAC Registrars 🤔. My wife and son do get their mails
Maybe you inadvertently unsubscribed from their mailing list or tagged them as spam 🙃
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 9:05am On Sep 06, 2025
KarlTom:
With the current SP, I don't think UBA rights were taken by minority holders.
I anticipate an extension of the deadline with tomorrow's holiday in mind...
Oga, you’ve joined the prophets’ club grin

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 9:38am On Sep 05, 2025
chimex38:
It's been done already. It's called Non-Residential BVN (nrBVN).
https://nibss-plc.com.ng/nrbvn/
Nice
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 7:42am On Sep 05, 2025
Happy Holidays!!!

https://www.vanguardngr.com/2025/09/fg-makes-tax-identification-mandatory-for-banking-allied-services/

Meanwhile, get your TINs ready for banking, stock trading, etc from the 1st of January next year.
I wonder how this will affect our Naija brethren in the diaspora with stakes in the NGX.
I think getting BVN and NIN for them back then was a big hassle.
I hope FG makes it easier this time around or they'll end up creating lots of dormant accounts, make TIN no turn to passport renewal process cry
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 10:00am On Sep 03, 2025
DING!!!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 1:39pm On Aug 30, 2025
mygee2:
Please are these app seems I can't find them on playstore
They are not standalone apps but are stockbrokers with websites/portals you can use to trade by yourself at your own convenience.

You will need to register with them (their details are online) as previously recommended by:

Care4:
Please register directly with stockbrokers. Apps charge too high for the quality of service they provide.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 7:12am On Aug 30, 2025
mygee2:
House I want to start trading please which platform would you recommend
CardinalStone and Morgan seem to be some of the better options
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 12:38pm On Aug 29, 2025
ositadima1:
Taxation for Investors and Traders in the Nigerian Stock Market (2026)
As a resident individual in Nigeria, dividends and capital gains from stocks are taxed under the Nigeria Tax Act, 2025. Here’s how it works, and strategies to legally reduce your tax burden.
Thanks a lot for this update
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 10:00am On Aug 29, 2025
DING!!! grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 10:00am On Aug 28, 2025
DING!!!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 2:47pm On Aug 27, 2025
mikeapollo:
He probably wants to use his gragra to destroy the capital market, same way he destroyed the economy, exchange rate, fuel subsidy removal, electricity pricing, national anthem, school fees increment in tertiary institutions, attempt to increase VAT to 15% until it was rejected by NASS etc.
The same way he used initial gragra to mess up Nigeria's relationship with other ECOWAS countries (e.g. Niger, Chad etc.) that cooperate with us to fight BH, and where some of our agricultural produce like beans, tomatoes, onions, cattle etc. come from, leading to spike in prices as a result of so called ''sanctions''.
Nigerians are actually easy to satisfy - provide security, make food (and water) cheap and accessible, and provide some reasonable degree of power supply and road network. Every other thing feels almost secondary to us.

Most of our leaders had no plan before coming into power and if any ever did, they lost the plot as soon as they got into a$$ho!e rock, etc.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 2:44pm On Aug 27, 2025
crownprince2017:
Let us gather money create a political party, give presidential ticket to pa Emma then vote him into power through campaign with the mandate to reset everything from top to bottom and if he is scared you can use me.
grin grin grin

I will use agba as my minister for woman affairs. cool cool
No kill me with laff bros. You wan make man minister for women affairs. And not just any man, you want Agba baller cheesy
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 12:13pm On Aug 27, 2025
pluto09:
My brother,I actually feel your pain.
The civil service both at the federal and state are part of the waste we have in the country but most people are just fixated on the politicians.
We need a government that will be bold and daring to reform the civil service though I know that will not happen without strong resistance and backlash from the system and the populace
Many of the politicians and civil servants work hand in glove. All the memos, tenders and other documentation for inflated and poorly executed contracts go through the same people. If you don’t play ball, you could be relegated in the scheme of things.
The problem is that there is ‘fantastic’ corruption at all levels and we need a Daniel (or Danladi) to come to judgment for us to stop or at least significantly slow down this downward spiral.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 11:28am On Aug 27, 2025
Streetinvestor2:
Jijo go reduce seriously unless u won't be pulling out the loot from the market
And pulling out the loot for ‘portfolio rebalancing’ is the beauty of the whole thing.
I was thinking there would be a timeframe for which one could hold a stock and then the CGT payable will drop substantially.
Make we dey watch sha.
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 11:26am On Aug 27, 2025
mikeapollo:
It would cause a lot of commotion in the capital market.
Let's wait and see
Serious commotion
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 11:02am On Aug 27, 2025
GeneralDae:
If you go to the president’s twitter page, you would see where he posted the formula for calculating tax under the new law a few days ago.

I inputed 840k as gross salary and it calculated the resulting tax as 6000 naira yearly which is 15% of 40k. This is about 33000 naira reduction from the 39,920 naira you currently pay if you earn 840k yearly.

It also gave me comparison of what obtains now and the new law, that is old vs new law for someone receiving 840k gross yearly.
I wonder how this new capital gains tax will affect JIJO?
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 10:00am On Aug 27, 2025
DING!!!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 4:13pm On Aug 26, 2025
mikeapollo:
Thanks for this piece
I recall Tinubu himself telling Buhari to print money to use for the budget. grin grin grin
https://punchng.com/tinubu-to-buhari-print-more-naira-notes-suspend-vat/
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 10:17am On Aug 25, 2025
[quote author=Princkez post=136574488][/quote]All na cruise grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 9:45am On Aug 25, 2025
Princkez:
ELLAHLAKES will shock us with its upcoming announcements....discussion still ongoing..
Streetinvestor2:
Make u dey get small shame
This is how u lied they already had 250 billion on ground before the agm
Princkez:
please with all due respect don't misquote me...I said may be they already have investors on ground...but come to think of it,ellahlakes haven't done bad in price appreciation. From #3 to it's current price, my brother I stand with ellahlakes come what may..have a good night rest and a blessed week.
Princkez:
don't worry about the new investor because the money is already down...please wait till after the egm .
Streetinvestor2:
I didn't misquote u.This was ur post.I remembered saying I will call u out after the agm
Street 1 - Princk 0 grin
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 8:42pm On Aug 22, 2025
orriyomi33:
Good evening sir.

I am about to complete the form but I want to purchase additional shares.
I want to know if I would be getting it at the same price as the RI.
The answer to your question is on the right hand side of your screenshot.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 12:36pm On Aug 22, 2025
Mpeace:
I heard the insurance companies that have met or can easily meet the new recapitalisation requirement are
Aiico, Mansard and Leadway for the composite Insurance . Then NEM, Cornerstone, Coronation(wapic) Custodian and Universal Insurance for the General insurance requirement.
But lead way is not listed on the exchange.

Pls DYOR.
But they had (maybe still have) an ~ 11% stake (as at 2020) in Prestige Assurance which is listed on the NGX.

https://www.thisdaylive.com/2020/08/14/prestige-assurance-shops-for-n6-8bn-from-shareholders/
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 10:00am On Aug 22, 2025
DING!!!
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 10:07am On Aug 21, 2025
Muzil:
Good morning everyone.
I discovered today that the trading of stocks feature have been added to the Cowrywise app.
I'd appreciate anyone that can help me with the stocks I can buy as a newbie. I'm not after excessive profit as I just want a way for my little savings to appreciate rather than just sitting idly in my account.

NB: I am a young guy currently undergoing apprenticeship so I'm not really buoyant. Let's just say I have about 20k for a start.

I'll really appreciate all help I can receive.
Welcome to the NGX.
You could start by reading posts over the past 3 - 6 months on this forum and you'll gain lots of insight into the good, bad and ugly sides of the market. You could also read some of the recommended books and/or watch some of the videos posted here.
You will eventually move from an apprentice of the market to a 'master' of the market. However, 'school fees' will be paid in one way or the other because the market also has a mind of its own.
All the best
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Panadee: 2:13pm On Aug 20, 2025
cocolacec:
Scoa,Enamelwa,John Holt ,Eunisell,Mecure etc. You need to study charts on trading view app.
Kwantinu

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