₦airaland Forum

wiki15:
Take years? Do you think these guys are run by NNPC?

Qatar EnergyCEO already said it will take 3 - 5 years to return to back to full capacity after Iran attack wiped out 17% LNG

Some of you just come here to attack people without any basis. So many toxicity on this forum lately. Make I leave this place for una

With refineries getting blown up in the middle East, it's looks like Dangote Refinery will be a very good stock to invest in short to medium term. Most of the blown up refineries will take years to get fully operational.

Follow The Money

Sunrisepebble:
I don’t think they will suddenly become unprofitable but their margins might be diluted

Yes , I agree but I will just like to see the Q1 2026 numbers before I decide if I would embrace the prevailing price and add more to my position, or if I will exit. There is nothing alarming, I only sounded a note of caution.

Agbalowomeri:
But we still rely much on imported palm oil. Presco and Okomu together only meet 5% of local demand unless my data source is wrong

Like I said they remain solid companies with strong fundamentals but lately both companies have been complaining about illegal importation and foreign competitions

They said it has contributed to 43% drop in domestic fruit bunch prices. I'm not really sure how that will impact their profitability in 2026. They was why I sounded the note of caution.

Ginalex:
Presco down by 10%👀👀. Who knows I might see something to pick at my target price from this week

I advise you do some research before you pick any of the palm oil companies right now

The companies are complaining about imported palm oil flooding the market, they are begging the government to step in, so they can remain profitable.

They still remain solid companies with great fundamentals, I'm just sounding a note of caution.

Shalom

Interest rate is likely to start inching up.

It's good to maintain a good balance between capital and money market. #Buffer

Follow The Money

Long term, you want peace of mind, you want growth, you want consistent yearly dividend?

Answer: Dangote Cement

Follow The Money

Nascon Dividend 6 Naira

Shalom428:
NAHCO and NASCON now move in waves that are related to each other. The recent correlation measure of both stocks using 2D Normal distribution speaks volumes #QuantitativeFinance

And the play continues.

Still loads of Oxygen in the tank for Nascon. Zenith , UBA , STANBIC , GTCO are all still undervalued.

Not a buy recommendation.

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.

Okay . Thanks man

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

2zona:
This nascon is jyst busting all the burbles, and Alhaji said sometime last year that salt is a small business.

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.

What a week it has been. My siamese twins, NAHCO and NASCON delivered. Destination #200 for both.

Follow The Money.

First commercial paper listing on NGX .

If you are in NASCON or Dangcem, maybe both . I advise you HOLD, if you are not press for money or you don't see a better opportunity elsewhere. You will love their FY2025 results

This is not a buy recommendation.

I will update about Sugar later.

Alhaji's companies are on steroid.

Follow The Money

zendi:
Shallow minded juvenile quip, that I quickly forgive because I have loved some of your posts in the past.
But don't dare to bring the word envy near this moniker.
I'm not doing badly myself, and there's no competition in destiny.

Wiser forumites took my post in the lighter mood. How have we not joked about the tax thing here?

You don vex ? No vex

sboga:
dark is comin

You don go smoke your IGBO , your vision don dey blurry again ... Lol

Anatolia:
Bro, should stop intimidating us. You are the star boy.

Na Agba be The Star Boy, we gave him the name 2 days ago.

AwesomeJ na THE DISCOVERY. Both of them dey the universal set of Forum Delight.

Both of them are doing well.

zendi:
Hmm, the taxman is proud of you.


If you like turn your portfolio to Heirs Holdings, the taxman will wait for you and/or your heirs.


The vulture is a patient bird .

I smell spiteful envy.

Shalom428:
Alhaji is in the clear to reinforce his position as African Richest come 2026 - 2027.

My 12 months projection for the three listed Alhaji stocks

Sugar : 120
Salt : 200
Cement : 1000

Fertilizers and Refinery will shoot Alhaji to the moon

Not a buy recommendation

FOLLOW THE MONEY

The game is the game.

Alhaji is just getting started.

My portfolio is screaming BAHAMAS. #PrivateIsland

Vacation Time

Follow The Money

Agba is the undisputed starboy of this forum . His poking brings life to the forum. He just keeps people talking, guessing and wondering. The guy is ineffable.

Mankind2024:
Listen up, a whole international property lawyer learned this the hard way.
Hold tight to your Ellah Lakes and Japaul Gold until 2035—crystal ball projections (and solid fundamentals) point to 10x potential from here.
Discipline is the real key to joining the billion-naira gang in this forum. I learned that straight from the masters: Peter Lynch, Charlie Munger, and Warren Buffett.
Motivation fades when real challenges hit, but true discipline endures.
Sow good seeds today—never feel guilty about strategic diversification. Patience and time will announce your efforts far beyond what you can imagine.

Do you actually mean ( literally ) the bolded or Na just sarcasm , or Na me no really get your what you intended.

crownprince2017:
The dark is coming from agba and co since index 181.7k, when exactly will the dark come, e be like say as we dey wait na him awsomej n co continue dey make money..

Agba how far na , u sure say this your tool still dey work..

I want to believe Agba is in the market.

He made some good calls last year and some of those calls have probability of 1 in my chart

I will be surprised, if he only spotted those companies and he refused to buy.

Worthy of mention is NASCON, Agba spotted NASCON right before the rally , he even put a price. The price has been smashed

Follow The Money

yMcy56:
Oga, I thought you sold at loss that time we were waiting endlessly for merger....

Funny enough, nobody even remember that again......
Only those that were patient, the long termers or those that bought way below 25/30 are great winners here 🏆

Sold at loss keh! Never!!! I'm very much loaded in NASCON. I've been loading NASCON since when it was 11 Naira , I loaded more during the merger.

I've been loading Sugar since N6 and I loaded more during the merger. I only sold some Sugar last year and used the proceeds to load more cement at 400+

My NASCON and Cement are 5 - 10 years project, if not more . I will always do periodic review though

Streetinvestor2:
Sugar will touch #100 by q2 results

I believe so too.

NASCON's industrial 50KG salts is the real game changer. Their best year is very much ahead of them , I just hope their management don't drop the balls. I'm very much loaded in the stock

Follow The Money

Seeing a dollar trading at N1000 at the end of the year will be a thing of great delight

Curious to know how this will impact the profit of companies like PRESCO that export their products

For sure companies that import, the ones that have exposure to foreign loans and the country at large stands a lot to gain. This might be a signal to the continuation of the bullish run

May Nigeria succeed.

NASCON

awesomeJ:
My highest single day NGX earnings so far:

- N2.66m
- comes to about $2000 for 5 hours of work
-comes to around $1m annualized pre tax earnings.
- over 3 years of minimum wage in a single day
- gotten with a portfolio below N50m
- about 56% are already realized

- more than my monthly earnings in October and November last year when market was slow

- more than my earnings for the whole of Q1 2025

God is awesome 😎

Nice one

awesomeJ:
$150k weekly dollar sale to BDCs!!!

We just might hit 1250 soon.

Awesome! A stronger Naira is a WIN for companies that import raw materials and the ones exposed to foreign loans. This will definitely make 2026 a better year for some companies.

chimex38:
Yes, you are right on the numbers thing. It's usually irrelevant on some stocks on NGX especially in the short term.

Those with favourable numbers move slowly and organically proving that numbers works.

The solution Is to find the stocks that follow the numbers and use numbers for them and apply other parameters for others as the case may be.

The perception problem also comes in play when we compare with those that defy the numbers; they move more exponentially.
Making one look silly for sticking with the numbers(despite improvement)

Those with numbers don't usually beat inflation in the short term, they do when the compounding effect materialises in few years.
The discipline is having the patience until that tipping point and then have relative stability.

But unfortunately, our double digit high inflation and other economic challenges esp on necessities, providing ones own social amenities, etc makes it common sense to just follow the money.

Spot on. This is the exact message I was trying to pass. Well said bro