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Nigerian Stock Exchange Market Pick Alerts - Investment (10428) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by alezzy13: 10:57am On Apr 29
Na wa. Wetin dey do stockbubbles these days huh
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 10:58am On Apr 29
NSEstudent:
That's an interesting perspective. So they measure the total you have in January with the total you have by December? And by having, I suppose it should be what you have sold or reinvested elsewhere and not paper profits?

Say,
1. I have N17m in share as at January 2026.
2. Through selling and reinvesting in the capital market, I have increased this to N37m by December 2026.
3. If I sold everything and then reinvest to make a small loss or a less-than-N10m gain, I will probably still be taxed since my portfolio shall be compared with its value at the start of the financial year.

Is this what you mean?
My understanding is that if taxation is based on the tax year, and you sell a stock making ₦100 million, then reinvest and sell again within the same year making another ₦100 million, your tax would be on the total ₦200 million profit,thereby voiding the reinvestment exemption (That’s where the confusion lies. Note that if taxation is not based on the tax year, then you would only be taxed on the most recent ₦100 million gain).
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56: 10:58am On Apr 29
Meanwhile, UBA turned green 💚 📈
Closed yesterday @44.55
Now @45.....45.50...

On top all the posts to dissuade some from selling on Mon/Tuesday, yet they chose to follow naysayers....
It's well.
Re: Nigerian Stock Exchange Market Pick Alerts by SEMACCOUNT: 10:59am On Apr 29
yMcy56:
Meanwhile, UBA turned green 💚 📈
Closed yesterday @44.55
Now @45.....45.50...
Wow!
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 10:59am On Apr 29
E fit enter sef. Tony came to market today but will it last through out the month of MAY and till they release a "cooked" RESULT to appease shareholders?😁
naturalflow:
uba wan enter full-bid oooh
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:00am On Apr 29
yMcy56:
Meanwhile, UBA turned green 💚 📈
Closed yesterday @44.55
Now @45.....45.50...
Hahaha, we told them.

Note that I don’t have a single unit in UBA, but I like being right, lol. grin grin grin
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:00am On Apr 29
Ask am ooooo

We aren't selling anytime soon
Beeron:
Dangote Cement is fully bought and no one wants to sell.

Shey you wan force them to sell?
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 11:01am On Apr 29
Sunrisepebble:
There might be an opportunity to load after Q1 results. Based on its Q1 it’s trading at 15x PE currently, I think that is fair based on the growth ahead but some might think it’s higher than the historical average
So you're saying a small dip is possible? I have funded with my small money. Keeping my fingers crossed
Re: Nigerian Stock Exchange Market Pick Alerts by handsomebolanle: 11:02am On Apr 29
Ginalex:
TIP is looking like the next NAHCO for real smiley
I intend to buy once RI is released.
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 11:02am On Apr 29
It seems our market no longer works with a 10x PE so maybe not. I buy at intervals because I can never know when it’ll pull back. Yet to buy above 300 sha😅
Ginalex:
So you're saying a small dip is possible? I have funded with my small money. Keeping my fingers crossed
Re: Nigerian Stock Exchange Market Pick Alerts by Ibrahim505(m): 11:04am On Apr 29
UBA is having a solid support at 44. Likely TOE and other money bags are mopping the gem. The bid strength say we may see v-shaped recovery by friday thanks to its fundamentals.
Re: Nigerian Stock Exchange Market Pick Alerts by jp130(m): 11:05am On Apr 29
Morgan capital
yMcy56:
Which broker are you using?

Do they have live trade portal?
Re: Nigerian Stock Exchange Market Pick Alerts by Oasisblue: 11:06am On Apr 29
Come on Aradel! Do it for us today again!. Gbe wa de be!
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:06am On Apr 29
TONY and his boiz are on duty today grin
Ginalex:
UBA grin. 45 already
Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 11:06am On Apr 29
I usually do the calculation to see what average cost I will be happy with. That's how I moved my GTB average cost from 88 to 101 now.

The stock dipped from 91 - 78...i averaged down till my cost was about 85
Then it shot up to about 110 and then 120
But I decided i was happy with 20% gain in one year so decided to keep averaging up till i got to 100.
The stock is now 130...and I am happy with an average cost of 105...so I am still buying. Even bought today.

Ginalex:
With the aggressive rise in its price, I'm low-key scared to top up. Because averaging down, I no too get liquidity for that kyn parole
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m):
Sunrisepebble:
It seems our market no longer works with a 10x PE so maybe not. I buy at intervals because I can never know when it’ll pull back. Yet to buy above 300 sha😅
I bought today at 345, with a target of 400 before May month-end, just for JIJO. I’ll also exit at any time if my thesis for entering goes south.

He gets why.
Re: Nigerian Stock Exchange Market Pick Alerts by cleverland: 11:07am On Apr 29
handsomebolanle:
40.15. waiting for UBA
dey play
Re: Nigerian Stock Exchange Market Pick Alerts by Monibabakan(m): 11:07am On Apr 29
gds4real:
Are we still expecting UBA at #30?
shockedgrin
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:07am On Apr 29
End of the month things from Tony and his boiz grin
Ibrahim505:
UBA is having a solid support at 44. Likely TOE and other money bags are mopping the gem. The bid strength say we may see v-shaped recovery by friday thanks to its fundamentals.
Re: Nigerian Stock Exchange Market Pick Alerts by Sunrisepebble: 11:09am On Apr 29
Might be ambitious within that time frame. But I have no doubt N400 is certain within the next 12 months. At this point I won’t add or sell unless there’s a significant pull back.
I now understand Warren buffet when he said he loves it when the stocks he buys goes down
ositadima1:
I bought today at 345, with a target of 400 before month-end, just for JIJO. I’ll also exit at any time if my thesis for entering goes south.

He gets why.
Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 11:09am On Apr 29
Ah, 400 by month end. That one go mad gaan. I hope it doesn't happen sha. I was happy with 220 TP when i was buying it at ATH of 160 two months ago or so. 400 too much for one year.
ositadima1:
I bought today at 345, with a target of 400 before month-end, just for JIJO. I’ll also exit at any time if my thesis for entering goes south.

He gets why.
Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 11:10am On Apr 29
Haha, sometimes some stocks going down is the best feeling. That's how i felt when Nvidia got to $95 last year. E remain small i for sell my kidney to buy am.
Sunrisepebble:
Might be ambitious within that time frame. But I have no doubt N400 is certain within the next 12 months. At this point I won’t add or sell unless there’s a significant pull back.
I now understand Warren buffet when he said he loves it when the stocks he buys goes down
Re: Nigerian Stock Exchange Market Pick Alerts by Ginalex(f): 11:11am On Apr 29
megawealth01:
TONY and his boiz are on duty today grin
Make them continue biko grin
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:13am On Apr 29
You bought too? I load am with my last card
deathwing:
Haha, sometimes some stocks going down is the best feeling. That's how i felt when Nvidia got to $95 last year. E remain small i for sell my kidney to buy am.
Na audio loading grin
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:14am On Apr 29
Let the market decide naa. We still have over 4hours of trading to go.
It's not a competition on who predicted right or not.

We all can see that the 'green' is shaky (albeit better than a full offer scenario)... smiley
yMcy56:
Meanwhile, UBA turned green 💚 📈
Closed yesterday @44.55
Now @45.....45.50...

On top all the posts to dissuade some from selling on Mon/Tuesday, yet they chose to follow naysayers....
It's well.
Re: Nigerian Stock Exchange Market Pick Alerts by KarlTom: 11:14am On Apr 29
grin grin
Oasisblue:
Come on Aradel! Do it for us today again!. Gbe wa de be!
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:14am On Apr 29
grin
KarlTom:
Let the market decide naa. We still have over 4hours of trading to go.
It's not a competition on who predicted right or not.

We all can see that the 'green' is shaky (albeit better than a full offer scenario)... smiley
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:14am On Apr 29
Sunrisepebble:
Might be ambitious within that time frame. But I have no doubt N400 is certain within the next 12 months. At this point I won’t add or sell unless there’s a significant pull back.
I now understand Warren buffet when he said he loves it when the stocks he buys goes down
deathwing:
Ah, 400 by month end. That one go mad gaan. I hope it doesn't happen sha. I was happy with 220 TP when i was buying it at ATH of 160 two months ago or so. 400 too much for one year.
So you’re on the opposite side of my bet, that’s good. Let’s see how it plays out. grin grin grin

I didn’t buy based on fundamentals, but on the stock’s technical structure. Also, I meant May month-end; this month has already ended.
Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 11:17am On Apr 29
Why I no go buy? Even bought Google too with my last card sotey my bank account was just vibes. The world was looking very bleak then but I decided, 'Fortune favours the bold. Now I look at the portfolio and smile, More than 100% up.
megawealth01:
You bought too. I load am withy last card

Na audio loading grin
Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 11:18am On Apr 29
👍
deathwing:
Why I no go buy? Even bought Google too with my last card sotey my bank account was just vibes. The world was looking very bleak then but I decided, 'Fortune favours the bold. Now I look at the portfolio and smile, More than 100% up.
Re: Nigerian Stock Exchange Market Pick Alerts by ositadima1(m): 11:20am On Apr 29
.
Re: Nigerian Stock Exchange Market Pick Alerts by deathwing(m): 11:24am On Apr 29
Willing to bet Aradel will break market again when they release Q1
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