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Sabiboy99's Posts

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InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 12:07pm On Jan 06, 2021
yMcy56:
@Obagadaffi
Any update on Mansard bonus issue?

No info yet from NEM's quarter too?
These guys can be slow at times...... sad
NEM sad sad
InvestmentRe: 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
InvestmentRe: 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
InvestmentRe: 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
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 11:48am On Dec 31, 2020
Nem Shareholders are very stingy abeg huh huh undecided
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 3:47pm On Dec 24, 2020
locodemy:
I was once like this.
Chai.... metamorphosis of life.
grin grin

Is well smiley
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 3:41pm On Dec 24, 2020
ojeysky:
My brother it depends on the account balance o.... It diversification of a 7 digit account makes sense na grin
No be small tin, Every Mallam to his kettle grin grin

Is the case of Different strokes for different folks wink

Is well
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 12:49pm On Dec 24, 2020
megawealth01:
Madam mercy... Abeg help me with your searchlight on WAPIÇ... I have been loading it @0.40 for the past two weeks... Any hope in this HUGE GAMBLE? grin
Bro your portfolio will be so diversified fah. seems you are every where sir cheesy

Is well grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 4:37pm On Dec 23, 2020
Mcy56:
NEM:
Stingy shareholders be like:
So, you wan collect my N2+ stock for 1.49 bah? Come and carry it make I see you. tongue

No single drop since market opens.
Abeg make Una dey release 100k daily, small time e go reach your N2+. grin
Chai. The thing day pain me ehn huh undecided
Everybody is just too smart in that coy undecided

Wahala grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 12:52pm On Dec 22, 2020
megawealth01:
We had to get something fast... I left small for FUTURE grin
grin grin Is Well
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 11:27am On Dec 22, 2020
E ku MANSARD oh
23M Offers against 7M Bids shocked shocked grin

T/C applies

Regards
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99:
samguru:
I asked a Stockbroker(Friend) if I can buy into Japaul Gold at least to make Tasere change before new year.

He said,I shouldn't buy yet that the price appreciation is currently being manipulated so as to push the share price up for their right issue.

He told me to patiently wait for the 2020 audited result before jumping in as Chief Paulo is fond of using foreign alliance and partnership to bamboozle investors.

According to him,no fundamental to support the share price even at 20k.
undecided undecided angry
grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 11:36am On Dec 18, 2020
megawealth01:
Abeg make una allow me load wetin I dey load since this week ooooooo... Once I am done I will announce the thing(s) grin
grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 7:04pm On Dec 17, 2020
superfelix:
Good day guys.


I'm new here and also new to the Nigeria stock market.. I would be grateful if anyone can point me in the right directions maybe like materials to read and Like the pages i can read on this thread to get familiar and all that.. and the platform/apps used in trading

although I have already downloaded Trove app .. one of the reason i downloaded is cause of its demo account.


I would really appreciate all inputs..



Thank you all..

Success.
Welcome @ Superfelix study the first 10-20 pages on this trend you would get a view of materials and books to study..
Also search for some of our Oga's here like @OBAGADDAFI,@ONEGENTLEGUY @MCY56 @LOCODEMY and other oga's here they are many here grin

The stock market brokers in Nigeria include
1. Morgan Capital
2. Meristem and
lots more i think this two are popular here but there are many other good once too i didn't mention..

in a nut shell just
Just follow this guys on the search bar above and get some of their thoughts for a start sir
@OBAGADDAFI,@ONEGENTLEGUY @MCY56 @LOCODEMY

Welcome to the NSE
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 11:43am On Dec 17, 2020
NEM conductor done close door at 1.36 ni ?
They want make we enter at 1.49 tomorrow.. grin grin

Not a buy or sell recommendation DD applies

Regards
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 10:06am On Dec 17, 2020
Mcy56:
So what changes? tongue
shocked shocked shocked
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 9:41am On Dec 17, 2020
Danniee:
Morgan no dey open oooo
Use Opera Browser sir grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 5:54pm On Nov 18, 2020
grin
zionaigbokhan:
Una well done. Wetin my eyes see for IEI hand my mouth no fit talk am. Una well done.
Lol. Today na testimony night for NSE war Veteran survivals..
That bounced back and are still doing well..
is well..

Newbies take note grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 2:34pm On Nov 18, 2020
feelamong:
no mind these evil shildren.. cheesy grin

but e be like say many 2006-2010 NSE war veterans dey for this forum now o cheesy
[color=#770077][quote author=feelamong post=96177038]gringrin
Is well
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 1:41pm On Nov 18, 2020
Mcy56:
Transcorp:
From observation, the type of scenario that played out in UBA before the bull came/breakout, at 6/6.05 seems to be playing out here too.
Is Tony and family also accumulating this stock? huh

*Not any form of advice*
grin grin grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 12:58pm On Oct 28, 2020
Mcy56:
It can't be CAP. Cap is buying over Portland paint.
Oyana.. Nothing is hidden under the sun... we go find out soon na grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 12:56pm On Oct 28, 2020
onegentleguy:
No Sir !!
...so u too follow dey jump window during maths class. wink cheesy
That thing no hard to decode naw !!

Try again Sir.
Regards
Heehe... You can relate sir... na we skip maths class pass that yr but nah we first enter University.grin

is wellgrin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 12:40pm On Oct 28, 2020
onegentleguy:
The company is among the list of stocks I posted as a possible future candidate/target for aquisation/buy out. ...u can dig up on my past post for reference/guide.

But let me still give out a hint.
A simple puzzle...

Assuming u were to assign a No(in ascending order) to each of the 26 alphabetical letters, then the name of the said company(acronym) is represented by an ARITHMETIC SEQUENCE where the DIFFERENCE(d) between the 3rd and the 2nd No is twice that between the 2nd and the 1st.

...Pls figure out the rest.

The most logical thing to do is to align with that coy.
When? ...now.
One word; BUY !!

CAVEAT: Any decision-making on this should come after reading through my signature below. Due diligencestill apllies as always.

Selah
Heehe... Its CAP sir grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 7:03pm On Oct 12, 2020
Don't Ever be proud no matter how much you think you have or knowledge you think you've got ....

Try to be humble... my take on the recent incident on the trend...
You can always learn from anybody in respective of who they are... so be humble and not too mouthed...

We've noticed Proud people don't really have much to offer its just a proven fact....

Its Well...
Kind Regards
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 2:43pm On Oct 12, 2020
OBAGADAFFI:
So you don't have more capital and your are calling NSE investors small minded people ?

Ok, go and make more capital before teaching us how not to be small minded people .
Chai...
Its well... grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 1:33pm On Oct 06, 2020
If I tell you say I sabi where to Put leg now... I lie you oh
stocks just breaking resistance anyhow.. Is well grin grin
We wait and see... grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 12:57pm On Oct 06, 2020
Bargain Hunter's right now

InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 7:28pm On Sep 11, 2020
grin grin
Audacius:
I commend your consistency in responding to enquiries of people, especially those seeking basic info about stockmarket investment. Yes it's a faceless forum but I think there's much honour in these acts of kindness.
She's one of our mummy's here don't mention sir... one day we go surprise her with money bags grin... we also have daddy's here too.... and we are following their footsteps small small grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 1:50pm On Sep 11, 2020
Mpeace:
If you know you know. VMP abi na wetin them call'm set.
which one be VMP again...
huh
is well grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 1:42pm On Sep 11, 2020
Mpeace:
IN MESHPIPS voice, we waiting for zenith at 9
Heehe... 9# not any time soon hanty...Opportunist everywhere....
Every sticker una go hunt for Bargain chai... grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 2:29pm On Sep 04, 2020
onegentleguy:
GTB already captured a day high of N26.90. wink cheesy grin
That part in bold.
...it's alright !!

#maybethecbnrelaxedpoliciesincluding$sales
#ourlocalhniandforeignbrothers
#alittlemorefreedomtoalignwithqualitynames
grin
InvestmentRe: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 11:50am On Aug 28, 2020
OBAGADAFFI:
Zenith Bank is still cheap
Please Sir where did you get this Info. from?

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