₦airaland Forum

SonofElElyonRet:
I'm talking Japaul

Valthegreat:
JAPAUL don dey graduate small small and metamorphosis from sand to stone no be small chemical reaction.

chimex38:
Your name has been removed from the book of life

PETERiCHY:
$1.8 Billion worth of Gold is already explored in one of our mines. Let's exploit it. More Gold reserve abound.

This is an unusual opportunity for diasporas to invest in Gold mining with life-long returns. With 7g/ton of Gold spread over 10km square, it is safe to put all your eggs in one basket.

At present, Japaul has 5 Gold mines in Nigeria. We have 20,576kg (i.e 636,856 ounces - inferred) in GOLD RESERVE from 15% of exploration done on our licenced mines.

The reserve is worth 1.8 billion USD, which is why you are invited to join us to unearth and process.


https://www.japaulgroup.com/

DON'T Miss this LIFETIME OPPORTUNITY
Our DESTINATION is #1000

BARGAIN HUNTERS TAKE NOTE!

Agbalowomeri:
They allowed the insiders to offload first. They will buy back at half price and will spin it again back to 12/14

PETERiCHY:
JAPAULGOLD is our RETIREMENT STOCK

BARGAIN HUNTERS TAKE NOTE!

chimex38:
I don't think any PFA will try that yet in Japaul. Even if it has prospects.
I think Pencom have their criteria or pensionIndex..
Does Japaul fit in?

Na people retirement benefits Ooo.

PETERiCHY:
We missed ZICHI by a whisker, Last year Dec one of our Analog broker sent a prospect of ZICHIS PLC and said if we are interested he will cross deal any quantity to us at the rate of 2.50k per share instead of #1.81 that is in the prospectus.


We didn't go ahead because of the UGLY experiences we had in the past with some private placements.

Now ZICHI has gained almost 1000% and those who didn't partake in the loot are calling it manipulation.

If they were involved they will tagged it their winning or retirement stock.


BARGAIN HUNTERS TAKE NOTE!

Sunrisepebble:
Same here. Because I know they plant to use internal cash flow rather than raising external money. But with their other business they’ve acquired they’ve still paid decent dividends. I think it’ll be fine

megawealth01:
ZICHIS...

Ngx is a game

megawealth01:
ZICHIS...

Ngx is a game

debeey87:
In retrospect, one of the best decision I made last year was liquidating my usd holdings in money market to invest in the NGX after seeing the market momentum. The plan was just to beat mutual funds or money market rate which was higher than most dollar mutual funds. That goal has been exceeded not because I am a guru at timing the market. While I didn't invest in most of the stocks that had given over 300% considering their liquidity and fundamentals, Stocks like Nahco, Presco, PZ, WAPCO, MTNN, Aradel have delivered at least 80% - to over 100% all under 6-8months while I sleep peacefully at night

Mission accomplished. Next mission is to know when to sell and not continue shifting the goal post. Stocks like Presco and Nahco makes it difficult considering they have refused to considerably retraced but rather maintained their upward trajectory. So far, been a good year and one of the best seasons for my portfolio generally in over 10years in this business.

Kudos to everyone that selflessly contribute to this thread and sharing great perspective. You guys are the best.

Shalom428:
I hope the tax gurus in the house will help answer questions in this hypothetical situation, I don't have a full understanding of the Nigeria new tax law yet

Mr A portfolio hit 1.2 billion in 2026. Instead of pulling out the fund from NGX , he decided to use the money to buy BONDS on NGX

Let's assume he bought the bond at face value of 100 Naira at 17% interest rate. Mr A felt 17M per month is enough for him , so he decided to stay away from the market for 3 years , he just dey enjoy life with 17M monthly proceeds from the Bond

After 3 years Mr A decided to sell this Bond and pull out the money completely from NGX

Considering the base year effects, if he decides to sell at discount, let's say 95 Naira , will the tax man , tax him , knowing that he is going to get less than the principal. Will it be treated as a loss ?

Scenario 2, if he decides to sell at premium, let's say 105Naira , what percentage of tax will he be subjected to. How will the tax be calculated

Tax gurus in the house, over to you Sirs and Ma'ams.

Thank you

Sunrisepebble:
Please I need stock reccomendations to research over the weekend

mikeapollo:
Japaul has been going through the mill for years, trying to restructure and recapitalize, so the price rally is hinged on significant progress and developments.

megawealth01:
I no follow for this retirement oooooo

I still dey fear jegede 😂

awesomeJ:
You'll pay CGT, and it's independent of the price you trade the bonds.

It's a function of how much of that 1.2bn is your profit.

If N500m for instance, you will pay roughly N120m as taxes.

Sunrisepebble:
Please I need stock reccomendations to research over the weekend

SonofElElyonRet:
I sold Ellah and left 500,000 units still there... I'll hold a smaller stake.. hopefully I can get Japaul to buy with my Ellah proceeds but it seems an uphill task

NSEstudent:

emmanuelewumi:
That is what happens when you bite more than you can chew.

Shalom428:
The industrial salt section of the company is minting good money for the company.

The company gifted trucks and cash worth billions of Naira to their customers just a few days ago. They are sitting on a lot of cash.

FY2025 was really good for them and 2026 is also looking like it's going to be better. The growth has been impressive.