Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 12:07pm On Jan 06, 2021 |
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Investment › 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.......   |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 10:03am On Jan 04, 2021 |
klas:
@ 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  Regards |
Investment › 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.  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 11:48am On Dec 31, 2020 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 3:47pm On Dec 24, 2020 |
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Investment › Re: 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  No be small tin, Every Mallam to his kettle  Is the case of Different strokes for different folks  Is well |
Investment › Re: 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?  Bro your portfolio will be so diversified fah. seems you are every where sir  Is well  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 4:37pm On Dec 23, 2020 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 12:52pm On Dec 22, 2020 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 11:27am On Dec 22, 2020 |
E ku MANSARD oh 23M Offers against 7M Bids T/C applies Regards |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 8:31am On Dec 21, 2020*. Modified: 9:58am On Dec 21, 2020 |
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.  |
Investment › Re: 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)   |
Investment › Re: 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 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 @LOCODEMYWelcome to the NSE |
Investment › Re: 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.. Not a buy or sell recommendation DD applies Regards |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 10:06am On Dec 17, 2020 |
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 9:41am On Dec 17, 2020 |
Danniee: Morgan no dey open oooo Use Opera Browser sir  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 5:54pm On Nov 18, 2020 |
 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  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 2:34pm On Nov 18, 2020 |
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Investment › Re: 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? 
*Not any form of advice*  |
Investment › Re: 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  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 12:56pm On Oct 28, 2020 |
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Investment › Re: 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  |
Investment › Re: 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 |
Investment › Re: 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...  |
Investment › Re: 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 
We wait and see...  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 12:57pm On Oct 06, 2020 |
Bargain Hunter's right now
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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 7:28pm On Sep 11, 2020 |
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Investment › Re: 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...  is well  |
Investment › Re: 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...  |
Investment › Re: Nigerian Stock Exchange Market Pick Alerts by Sabiboy99: 2:29pm On Sep 04, 2020 |
onegentleguy: GTB already captured a day high of N26.90.  That part in bold. ...it's alright !!
#maybethecbnrelaxedpoliciesincluding$sales #ourlocalhniandforeignbrothers #alittlemorefreedomtoalignwithqualitynames  |
Investment › Re: 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? |