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Nigerian Stock Exchange Market Pick Alerts - Investment (6181) - Nairaland

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Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 6:45pm On Jan 01, 2021
highcurrent:

yes oo. madam mcy really tried.
special shout out to these guys too for keeping the house active and dishing out tips

megawealth, loco, currentprice,OGG, Emmanuelewumi,ukay, rabbidoracle AND Every other guys too, which I didn't mention.

we look forward to a great trading season come next year.

All the bargain hunters,panic bringers(THERE IS FIRE IN KATANGA), how far? have the fire quenched

HAPPY NEW YEAR IN ADVANCE
Happy New year full of massive cash to you and to all

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by PHOTSEE(m): 7:31pm On Jan 01, 2021
Help new year,bnsitl May we breath bear and rise with the bull ooo.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 8:41pm On Jan 01, 2021
ojeysky:

Does that line still work wink
which link
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 9:30am On Jan 02, 2021
2021 the year of fruitfulness.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Valueinvestor: 10:32am On Jan 02, 2021
currentprice:



http://www.nse.com.ng/Financial_NewsDocs/32109_VITAFOAM_NIG_PLC%20_QUARTER_5_%20_FINANCIAL_STATEMENT_FOR.pdf
Wow thanks, what a blast,wasn't expecting anything less.HAPPY NEW YEAR ALL
Re: Nigerian Stock Exchange Market Pick Alerts by eziokwunwoko(m): 10:51am On Jan 02, 2021
Any news on Deap Capital AGM on 31 December 2020
Re: Nigerian Stock Exchange Market Pick Alerts by moneymanager: 11:04am On Jan 02, 2021
Mcy56:
....
Oga, didn't you see cross deal there?
Also, those were daily market update, about what was on-going in the market. Different from how market eventually closed.

Changing old posts to reply comments before the comment itself so the commenter won’t see grin grin after they would say it’s only one person that’s acting surreptitiously on the platform

Don’t worry Madam. You can always reply and it won’t turn to quarrel. Just an intellectual debate
grin grin
Happy New Year Group

Re: Nigerian Stock Exchange Market Pick Alerts by onegentleguy: 12:18pm On Jan 02, 2021
.

11 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by safepaulooo(m): 12:27pm On Jan 02, 2021
Beautiful piece, great message.

onegentleguy:
Pls kindly permit me to reecho these thought from near a year ago.
Have u taken out some time to pay it forward(extend to others) a part of the blessing that God has showered upon u? Honestly, after going down on ur knees to thank God for the privilege of life and his grace upon us, it is by far the best thing to do, and a great way to kick start yet another new year.
Pls take out some time to visit the nearest orphanage, care/disability center or hospital near u. …for it is gestures and acts like these that makes for a MEANINGFUL, PURPOSEFUL and WORTHY LIFE… and one that ultimately pleases God!!

The month of December 2020 saw me and a couple of friends tour 4 different states(including my home state) extending warm regards and contributing our widows myth to a few orphanage/less privileged homes, hospitals and care centers. No fewer than 3 members here were also involved in this noble course, and I humbly consider it a privilege to be a part of it. While what we gave out might not be so much, it is the intent that really matters.
Divine on my side, I also ended the year carrying out the same act in my state of resident and have since started out the new year doing same in my home state.(will visit my last target place this Sunday)
Pls I encourage u to do the same. Extend a helping hand to someone near u today. …nothing can be considered too small. Ur act of kindness might just help turnaround a dare situation or even be the support tool to save a soul.
Indeed there is more happiness in giving than there is in receiving. And remember that when u do, u create the needed room for divine to bless u even more!!

The yr 2020 may have been a tough one, but I strongly believe that 2021 will be better for all of us!!
As we strive to engage in various legitimate investment channels to better our lives, may we also remember to always keep a good standing with God. …this part is everything!!
Beyond investments and all there is to it, my personal and honest desire (come 2021) would be wishing for a HEALTHY, FULFILLING and DIVINE-GUIDED LIFE to my family (both nuclear and extended), friends and well-wishers. …I wish u even more!!

We are already 2160 minutes into the new year… I welcome u to 2021. Hopefully, it shall mark the beginning of a new dawn for everyone one of us.
May the greatest/finest moments of 2020 be the smallest moments in 2021!!

Regards
Re: Nigerian Stock Exchange Market Pick Alerts by veecovee: 5:30pm On Jan 02, 2021
onegentleguy:
Pls kindly permit me to reecho these thought from near a year ago.
Have u taken out some time to pay it forward(extend to others) a part of the blessing that God has showered upon u? Honestly, after going down on ur knees to thank God for the privilege of life and his grace upon us, it is by far the next best thing to do, and a great way to kick start yet another new year.
Pls take out some time to visit the nearest orphanage, care/disability center or hospital near u. …for it is gestures and acts like these that makes for a MEANINGFUL, PURPOSEFUL and WORTHY LIFE… and one that ultimately pleases God!!

The month of December 2020 saw me and a couple of friends tour 4 different states (including my home state) extending warm regards and contributing our widows myth to a few orphanage/less privileged homes, hospitals and care centers. No fewer than 3 members here were also involved in this noble course, and I humbly consider it a privilege to be a part of it. While what we gave out might not be so much, it is the intent that really matters.
Divine on my side, I also personally ended the year carrying out the same act in my state of resident and have since started out the new year doing same in my home state. (will visit my last target place this Sunday)
Pls I encourage u to do the same. Extend a helping hand to someone near u today. …nothing can be considered too small. Ur act of kindness might just help turnaround a dare situation or even be the support tool to save a soul.
Indeed there is more happiness in giving than there is in receiving. And remember that when u do, u create the needed room for divine to bless u even more!!

The year 2020 may have been a tough one, but I strongly believe that 2021 will be much better for all of us!!
As we strive to engage in various legitimate investment channels to better our lives, may we also remember to always keep a good standing with God. …this part, is everything!!
Beyond investments and all there is to it, my personal and honest desire (in 2021) would be wishing for a HEALTHY, FULFILLING and DIVINE-GUIDED LIFE to my family (both nuclear and extended), friends and well-wishers. …I wish u even more!!

We are already near 2,180 minutes into the new year… I welcome u to 2021. Hopefully, it shall mark the beginning of a new dawn for everyone of us.
May the greatest/finest moments of 2020 be the smallest moments in 2021!!

Regards
He said it all here folks. ... weigh your current standing with God.

Happy new year

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by moneymanager: 8:00pm On Jan 02, 2021
Nairametrics - December 31st 2020
The exchange rate at the Investors’ and Exporters window depreciated to N410.25 on the last day of the year.

https://nairametrics.com/2020/12/31/updated-naira-devalues-to-n410-25-1-at-the-official-nafex-window-as-of-dec-31-2020/

So far it doesn’t seem to affect black market rates on abokifx (Not yet at least) undecided

Re: Nigerian Stock Exchange Market Pick Alerts by DUNKA(m): 7:23am On Jan 03, 2021
Dear ***********,

Please be informed that a non-trading (CERTIFICATE) account has been created for you at CSCS with the following details:Account:13*******

Clearing House Number(CHN): C0**********

CSCS PLC

~Can someone please explain what the above received message means?~ thank you
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 12:29pm On Jan 03, 2021
DUNKA:
Dear ***********,

Please be informed that a non-trading (CERTIFICATE) account has been created for you at CSCS with the following details:Account:13*******

Clearing House Number(CHN): C0**********

CSCS PLC

~Can someone please explain what the above received message means?~ thank you

This simply means, you can only be an investor, if you trade, the government will slam you the notorious CAPITAL GAIN TAX.
The above shed more light on CTG.
Cscs has classified account.
trader and investor account.

If you trade like locodemy, u will pay CTG
If you invest like OGG and madam Mercy the Central Network News of NSEMPA , you will skip CTG.
If you buy today and sell tomorrow, you will pay CTG.
We do not know the cap yet, ctg often comes with cap, maybe any profit after N100k, you will be expected to pay +/_ 20 to 40%.
Goodluck and happy investing in 2021.

5 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 1:56pm On Jan 03, 2021
Leggitsam:


This simply means, you can only be an investor, if you trade, the government will slam you the notorious CAPITAL GAIN TAX.
The above shed more light on CTG.
Cscs has classified account.
trader and investor account.

If you trade like locodemy, u will pay CTG
If you invest like OGG and madam Mercy the Central Network News of NSEMPA , you will skip CTG.
If you buy today and sell tomorrow, you will pay CTG.
We do not know the cap yet, ctg often comes with cap, maybe any profit after N100k, you will be expected to pay +/_ 20 to 40%.
Goodluck and happy investing in 2021.

shocked shocked
Re: Nigerian Stock Exchange Market Pick Alerts by Jochez15: 3:42pm On Jan 03, 2021
Leggitsam:


This simply means, you can only be an investor, if you trade, the government will slam you the notorious CAPITAL GAIN TAX.
The above shed more light on CTG.
Cscs has classified account.
trader and investor account.

If you trade like locodemy, u will pay CTG
If you invest like OGG and madam Mercy the Central Network News of NSEMPA , you will skip CTG.
If you buy today and sell tomorrow, you will pay CTG.
We do not know the cap yet, ctg often comes with cap, maybe any profit after N100k, you will be expected to pay +/_ 20 to 40%.
Goodluck and happy investing in 2021.
Good Evening Sir,
Is their difference between non-trading account and investor account?
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 5:04pm On Jan 03, 2021
Good evening house, please am a newbie in the stock market, I want to know if zenith bank shares is a good buy at #24.80, buying for dividend and long-term purpose.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 6:53pm On Jan 03, 2021
Happy New Year To Everyone!
May all our good wishes and aspirations come true this year 2021.
Wishing us all a year full of abundance, fruitfulness, sound health and inner joy in Jesus name. cool

10 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Coolcash1: 6:56pm On Jan 03, 2021
Happy New Year everyone.

Wish you all a prosperous and profitable year.

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Mcy56(f): 7:00pm On Jan 03, 2021
Some Stock Market Headlines:

STOCK INVESTORS GAIN N8.09TN IN ONE YEAR
https://punchng.com/stock-investors-gain-n8-09tn-in-one-year/?utm_medium=Email&utm_source=Zenter-System&utm_campaign=%2321296+%3D%3E+MORNING+NEWS+HEADLINES&utm_content=91703c13d2a63a3ec463db5ebbebfe405601c186

NSE ASI CROSSES 40000 MARK AS STAKEHOLDERS LAUD PERFORMANCE
https://www.sunnewsonline.com/nse-asi-crosses-40000-mark-as-stakeholders-laud-performance/?utm_medium=Email&utm_source=Zenter-System&utm_campaign=%2321296+%3D%3E+MORNING+NEWS+HEADLINES&utm_content=91703c13d2a63a3ec463db5ebbebfe405601c186

ANALYSTS UPBEAT ON ECONOMIC RECOVERY AS PRESIDENT SIGNS 2021 BUDGET
https://www.thisdaylive.com/index.php/2021/01/01/analysts-upbeat-on-economic-recovery-as-president-signs-2021-budget/?utm_medium=Email&utm_source=Zenter-System&utm_campaign=%2321296+%3D%3E+MORNING+NEWS+HEADLINES&utm_content=91703c13d2a63a3ec463db5ebbebfe405601c186
Re: Nigerian Stock Exchange Market Pick Alerts by ukay2: 7:07pm On Jan 03, 2021
Llizyy:
Good evening house, please am a newbie in the stock market, I want to know if zenith bank shares is a good buy at #24.80, buying for dividend and long-term purpose.

Is good if you can stay that long. Also try and buy more if prices come down (average down)at dividend markdown date and subsequently in the year.
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:36pm On Jan 03, 2021
Thanks
Re: Nigerian Stock Exchange Market Pick Alerts by Nobody: 7:37pm On Jan 03, 2021
Thanks
ukay2:


Is good if you can stay that long. Also try and buy more if prices come down (average down)at dividend markdown date and subsequently in the year.
Re: Nigerian Stock Exchange Market Pick Alerts by sincerelymine: 9:00pm On Jan 03, 2021
And there's no oracle to tell us if we can invest in crypto since one of his past predictions has happened embarassed

1 Like

Re: Nigerian Stock Exchange Market Pick Alerts by Jochez15: 9:49pm On Jan 03, 2021
Mcy56:
Happy New Year To Everyone!
May all our good wishes and aspirations come true this year 2021.
Wishing us all a year full of abundance, fruitfulness, sound health and inner joy in Jesus name. cool

Happy new year to you too.

2 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Myhelper1: 11:20pm On Jan 03, 2021
Mcy56:
Happy New Year To Everyone!
May all our good wishes and aspirations come true this year 2021.
Wishing us all a year full of abundance, fruitfulness, sound health and inner joy in Jesus name. cool
Amen! Same wishes thanks.

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by klas(m): 8:46am On Jan 04, 2021
Leggitsam:


This simply means, you can only be an investor, if you trade, the government will slam you the notorious CAPITAL GAIN TAX.
The above shed more light on CTG.
Cscs has classified account.
trader and investor account.

If you trade like locodemy, u will pay CTG
If you invest like OGG and madam Mercy the Central Network News of NSEMPA , you will skip CTG.
If you buy today and sell tomorrow, you will pay CTG.
We do not know the cap yet, ctg often comes with cap, maybe any profit after N100k, you will be expected to pay +/_ 20 to 40%.
Goodluck and happy investing in 2021.

shocked shocked shocked

@ Dunka and others should ignore the ignorance espoused with confidence by the poster. He apparently doesn’t know jack about capital gain tax.

Sections 26 - 40 of the Capital Gain Tax Act (LFN 2004) expressly exempt gains from disposal of shares and stock from capital gain tax. This is common sense because your gains form part of your income that is declarable and chargeable under personal income tax (in case of individual) and company income tax (where the investor is a corporate)

The only amendment made to Capital Gain Tax Act in the Finance Act 2021 is to increase the threshold for compensation for loss of office to N10m from mere N10,000. This means you won’t pay CGT on any compensation below N10m. Note that you will NOT pay personal income tax also on the compensation.

By the way, investors will prefer to be subjected to CGT than Income tax. CGT is just 10% unlike company income tax that is 30% and personal income tax that max out at 35%.

Always remember the basic tenet of taxation that the same income cannot be subjected to the same type of taxation twice. Gain and income are the same and can only be taxed under one tax or the other, not both.

4 Likes 1 Share

Re: Nigerian Stock Exchange Market Pick Alerts by megawealth01: 9:02am On Jan 04, 2021
klas:


shocked shocked shocked

@ Dunka and others should ignore the ignorance espoused with confidence by the poster. He apparently doesn’t know jack about capital gain tax.

Sections 26 - 40 of the Capital Gain Tax Act (LFN 2004) expressly exempt gains from disposal of shares and stock from capital gain tax. This is common sense because your gains form part of your income that is declarable and chargeable under personal income tax (in case of individual) and company income tax (where the investor is a corporate)

The only amendment made to Capital Gain Tax Act in the Finance Act 2021 is to increase the threshold for compensation for loss of office to N10m from mere N10,000. This means you won’t pay CGT on any compensation below N10m. Note that you will NOT pay personal income tax also on the compensation.

By the way, investors will prefer to be subjected to CGT than Income tax. CGT is just 10% unlike company income tax that is 30% and personal income tax that max out at 35%.

Always remember the basic tenet of taxation that the same income cannot be subjected to the same type of taxation twice. Gain and income are the same and can only be taxed under one tax or the other, not both.

Pls when is BUHARI commencing this operation?
Re: Nigerian Stock Exchange Market Pick Alerts by klas(m): 9:28am On Jan 04, 2021
megawealth01:
Pls when is BUHARI commencing this operation?

What operation?
Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 10:03am On Jan 04, 2021
klas:


shocked shocked shocked

@ Dunka and others should ignore the ignorance espoused with confidence by the poster. He apparently doesn’t know jack about capital gain tax.

Sections 26 - 40 of the Capital Gain Tax Act (LFN 2004) expressly exempt gains from disposal of shares and stock from capital gain tax. This is common sense because your gains form part of your income that is declarable and chargeable under personal income tax (in case of individual) and company income tax (where the investor is a corporate)

The only amendment made to Capital Gain Tax Act in the Finance Act 2021 is to increase the threshold for compensation for loss of office to N10m from mere N10,000. This means you won’t pay CGT on any compensation below N10m. Note that you will NOT pay personal income tax also on the compensation.

By the way, investors will prefer to be subjected to CGT than Income tax. CGT is just 10% unlike company income tax that is 30% and personal income tax that max out at 35%.

Always remember the basic tenet of taxation that the same income cannot be subjected to the same type of taxation twice. Gain and income are the same and can only be taxed under one tax or the other, not both.


This sounds much better..

Anyways we wait and see as it goes grin

Regards
Re: Nigerian Stock Exchange Market Pick Alerts by yMcy56(f): 10:06am On Jan 04, 2021
Welcome to the 1st trading day of 2021

BUACEM : Opened the floor with +9.89% .......up with 7.65.........now N85....
The first stock to officially advance with +10% for the year....... wink

Followed by:
FBNH......up with 5kobo......
Transcorp: Up with 7kobo....
Access: Up with 25kobo.....
Japaul: Full bid......

3 Likes

Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 10:07am On Jan 04, 2021
yMcy56:
Welcome to the 1st trading day of 2021

BUACEM : Opened the floor with +9.89% .......up with 7.65.........now N85....
The first stock to advance by +10% for the year....... wink

shocked shocked shocked

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