₦airaland Forum

Payunsin:
Which stocks took a hit and are yet to recover that still represents very good value for short to medium term pls

This is what my AI-powered analyst for the NGX says

Streetinvestor2:
Don't get it.Does it mean hope fit dey for total side again

TOTAL was already seeing shege, that 15% would have made it shege pro pro pro max plus.

Now it's back to just regular shege 😁

https://www.youtube.com/watch?v=Tm61Mkw0occ

A few stocks I'd be watching closely in today's trading session.

Raider76:
Please read the Gazette of the law. There is no mention of "PORTFOLIO", or cumulative transactions. People are just interpreting anyhow. A screenshot of the relevant section was posted here.

I am not interested in the gazetted law.Thr are many things that has been enacted in nigeria law that has never been implemented. It is what the people going to implement it says that matters. Did inec implement the things in the law in last election. Na watin dey law judiciary take wan judge Kanu case.Why has he been asking them to show him the particular law.when u begin to look beyond the surface na spirit u go begin see.I was waiting for the minister of the economy to intervan and he has done so.
So anyone opinion na noise. Don't the minister have power to say they are suspending implementation for now and it will stand.

awesomeJ:
TOTAL was already seeing shege, that 15% would have made it shege pro pro pro max plus.

Now it's back to just regular shege 😁

Lol...now I get it

samarine:
I appreciate your input.

I am actually taking the offer on NGX platform.

From experience, the NGX platform doesn't offer the option to buy additional units; it only gives you your right due to you. It's on the physical form you have that option. If you wish to buy additional units at the same price as the RI price, you can use the physical form instead.

FG suspends plannned 15% import duty on PMS, diesel

https://punchng.com/fg-suspends-plannned-15-import-duty-on-pms-diesel/


One can't help but have an uncomfortable feeling that there is confusion among those steering our country's economy.

Agbalowomeri:
Wetin oil and gas do you?

Lol where you want make I go naa, the banking sector is becoming a CBN affair. We seem to buy bank shares while CBN eats the dividend with over regulation.
Bank makes profit, CBN says don't distribute etc

Make I just leave my money for oil at least they pay good dividends

Raider76:
Please read the Gazette of the law. There is no mention of "PORTFOLIO", or cumulative transactions. People are just interpreting anyhow. A screenshot of the relevant section was posted here.

Go to page 91 of the Act.
Below and attached is the section of the Act that mentioned this.

"company shall not be chargeable gains
where –
(i) the disposal proceeds, in
aggregate, is less than N150,000,000 and
the chargeable gain does not exceed
N10,000,000 in any 12 consecutive
months, or
(ii) the shares are transferred
between an Approved Borrower and a
Lender in a regulated Securities Lend"



What does the word AGGREGATE mean to you.

Ding

Ding!

awesomeJ:
I sold my TOTAL under pressure cos of this 15% ad valorem 😁😁😁

Good thing I still have cheap CONOIL.

FG has suspended the 15% duty

They should suspend the CGT as well.
This govt should invite very good technocrats that can give them good advice on how to run the economy.
Their main focus seems to be on using every means to imposes taxies, levies to generate revenue and it is creating big problems!

unite4real:
Go to page 91 of the Act.
Below and attached is the section of the Act that mentioned this.

"company shall not be chargeable gains
where –
(i) the disposal proceeds, in
aggregate, is less than N150,000,000 and
the chargeable gain does not exceed
N10,000,000 in any 12 consecutive
months, or
(ii) the shares are transferred
between an Approved Borrower and a
Lender in a regulated Securities Lend"



What does the word AGGREGATE mean to you.

So selling and buying in the ''same year of assessment'' is the real deal now.
So if I sell on 31 December hoping to invest the proceeds in March, the govt will tax the proceeds of December. What happens when I want to reinvest the proceeds to buy another stock in March? Will govt refund?

The issue of CGT has been resolved as long as market is concerned. Any other thing na individual noise.The market will be green today and tomorrow .The government want u to invest on ngx simply. The stock market has never been for quick money.

mikeapollo:
So selling and buying in the ''same year of assessment'' is the real deal now.
So if I sell on 31 December hoping to invest the proceeds in March, the govt will tax the proceeds of December. What happens when I want to reinvest the proceeds to buy another stock in March? Will govt refund?

You don't pay CGT each time you sell.
You wait for the year end and file your returns.

I dey wait for our content creator..lol
Na green day oh

yMcy56:
Senate urges Wale Edun to review the 30% CGT....as a matter of URGENCY

https://nairametrics.com/2025/11/13/n2-trillion-market-loss-senate-urges-edun-to-review-30-capital-gains-tax/

Walahi if this government na odd wa u fit win money. I for dey cash out steady..lol
I too sabi predict thr move.I said it about the senate though I was expecting it all next week.
They only acted faster than I expected. I expect the cgt to be reduced btw 15-20% before implementation. The issue on cgt was solved already by 80%. Na 20% remain for my opinion. The ASI has political target of 150k or above. You can see the indirect campaign in thr speeches that ngx has returned 50% this yr in most pronouncement

Who passed the law? Was it not the Senate? Who can amend it? Is it not the Senate?

yMcy56:
Senate urges Wale Edun to review the 30% CGT....as a matter of URGENCY

https://nairametrics.com/2025/11/13/n2-trillion-market-loss-senate-urges-edun-to-review-30-capital-gains-tax/

Streetinvestor2:
Walahi if this government na odd wa u fit win money. I for dey cash out steady..lol
I too sabi predict thr move.I said it about the senate though I was expecting it all next week.
They only acted faster than I expected. I expect the cgt to be reduced btw 15-20% before implementation. The 80% was solved already. Na 20% remain for my opinion. The ASI has political target of 150k or above. You can see the indirect campaign in thr speeches that ngx has returned 50% this yr in most pronouncement

yeah..you were spot on..
They are also invested in NGX

Raider76:
Who passed the law? Was it not the Senate? Who can amend it? Is it not the Senate?

Who presented the bill.Who is to represent amended version for senate to pass again

He pain me say when all these brouhaha happened in this market I was too busy to follow the market live, I even just finished reading outstanding posts here.
I move some funds into the wallet very early yesterday to cherry pick but the land don turn green.

Agba when should we be expecting bonanza again, I'm seriously pained that I was unavailable during those time.

crownprince2017:
He pain say when all these brouhaha happened in this market I was too busy to follow the market live, I even just finished reading outstanding posts here.
I move some funds into the wallet very early yesterday to cherry pick but the land don turn green.

Agba when should we be expecting bonanza again, I'm seriously pained that I was unavailable during those time.

Maybe don't be pained.
it's easier to regret now.
On Tuesday, most people thought the market was heading to 120k. some said 75k, someone even said 50k.

When I said 130k would hold and later revised up to 140k on news of policy change, Agba still said it was a fantasy bottom , that no be nsempa dey move market, now the reality is different.

It's easier now to think you would have gone all in, but you might not have been as bold.

I'm happy I pushed my cash position to as low as 5%. Even the 5% sef was due to unfilled buy orders.

mikeapollo:
So selling and buying in the ''same year of assessment'' is the real deal now.
So if I sell on 31 December hoping to invest the proceeds in March, the govt will tax the proceeds of December. What happens when I want to reinvest the proceeds to buy another stock in March? Will govt refund?

Nope. No body taxes your sale proceeds if you sell in Dec.

Your full sales proceeds automatically becomes your cost price if you decide to buy in March 2026.

awesomeJ:
Maybe don't be pained.
it's easier to regret now.
On Tuesday, most people thought the market was heading to 120k. some said 75k, someone even said 50k.

When I said 130k would hold and later revised up to 140k on news of policy change, Agba still said it was a fantasy bottom , that no be nsempa dey move market, now the reality is different.

It's easier now to think you would have gone all in, but you might not have been as bold.

I'm happy I pushed my cash position to as low as 5%. Even the 5% sef was due to unfilled buy orders.

I knew This cgt will cause kasala but not as fast as this and I was almost sure that CGT wouldn't fly...its just unfortunate.

awesomeJ:
Maybe don't be pained.
it's easier to regret now.
On Tuesday, most people thought the market was heading to 120k. some said 75k, someone even said 50k.

When I said 130k would hold and later revised up to 140k on news of policy change, Agba still said it was a fantasy bottom , that no be nsempa dey move market, now the reality is different.

It's easier now to think you would have gone all in, but you might not have been as bold.

I'm happy I pushed my cash position to as low as 5%. Even the 5% sef was due to unfilled buy orders.

He is my oga and member of PDP. (papa decieve pikin )..lol

crownprince2017:
I knew This cgt will cause kasala but not as fast as this and I was almost sure that CGT wouldn't fly...its just unfortunate.

I anticipated that people weren't entirely selling to pull out, some were only just selling to rebase their low historical costs, so they would still inject the proceeds back.

But thank God now for the change in policy direction to a more favourable stance.

awesomeJ:
Okay.
I am paying 1360 PS on the floor though.

My maths says 1360 is N60 cheaper PS.

If you read through the boldness of the "cheaper" comment.
You can infer that the person doesn't view the marker orders.

They don't know what's going on with most stocks especially highcap stocks that mostly trade below or above 100k units.
All they see is the NGX display dashoard.(₦1,450 thereabout).

you guys are having a different view of the market.

chimex38:
Nope. No body taxes your sale proceeds if you sell in Dec.

Your full sales proceeds automatically becomes your cost price if you decide to buy in March 2026.

So what happens if I sell on Dec 31 and decided to withdraw whole cash in the following Jan or Feb?

UBA just vexing anyhow....
- Even when they declared juicy interim dividend last year, the rally only lasted for a day.....
- @42.15 full bid today.....for the second day..
- It was too battered during this CGT bear time..

chimex38:
If you read through the boldness of the "cheaper" comment.
You can infer that the person doesn't view the marker orders.

They don't know what's going on with most stocks especially highcap stocks that mostly trade below or above 100k units.
All they see is the NGX display dashoard.(₦1,450 thereabout).

you guys are having a different view of the market.

Yes, and part of the relevance of this platform is to share such info with those who might not have it.

I like trouble always. The vulture is seen as evil bird in igbo land.So when an evil person dies.They say vultures will feed on ur remains.
I am just thinking aloud