Sophy17's Posts

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Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sophy17(m): 6:55pm On Jun 21, 2020

[quote author=emmanuelewumi post=90916800]You can avoid the 10% tax by writing a will, transfer the assets to your children before transition or transfer the assets to a Family Trust Account.

Very difficult to under declare the value of the stocks, but the value of real estate are usually under declared.

My cousins inherited 4 properties worth a minimum of N160 million, but the lawyer who helped them with the letter of administration declared N50 million as the value of the properties. They quickly used N5 million rental income from the property to pay government.[/quote

It is no longer possible to undervalue property in lagos state right from the tenure of Jagaban. In fact, at a point during his administration, he appointed independent estate valuers to do the valuations on behalf of the state.
And the trend has continued with the subsequent Govs, though they now have regularly reviewed rates for different locations, that reflect true value.

1 Like 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sophy17(m): 6:40pm On Jun 21, 2020

Biafran4life:
And you pay the government 10percent of the value of what you want to claim up front.Then after all the up and down the government will publish the notice in daily newspaper for a month for any interest party or contention.And if none then you become the administrator to only the assets listed in the form be it shares, houses,cash in bank,cars etc.It will take not less than six months.Note is only applicable if thr was no will

10% is only charged on real assets and bank balance. A minimal fixed amount is charged per stock not units in view of the volatile/unstable nature of stock prices.

3 Likes 1 Share

Properties › Re: Festac Letting by sophy17(op): 1:58pm On Jun 21, 2020

Still available for inspection

Properties › Re: Festac Letting by sophy17(op): 7:26am On Jun 20, 2020

still available for inspection

Properties › Re: Festac Letting by sophy17(op): 2:35pm On Jun 19, 2020

available

Properties › Re: Festac Letting by sophy17(op): 11:40pm On Jun 18, 2020

still available for inspection

Properties › Re: Festac Letting by sophy17(op): 7:42am On Jun 16, 2020

available for inspection

Properties › Re: Festac Letting by sophy17(op): 5:17pm On Jun 15, 2020

The two rooms

Properties › Re: Festac Letting by sophy17(op): 9:33am On Jun 14, 2020

Picture of sitting room n dining

Properties › Re: Festac Letting by sophy17(op): 9:23pm On Jun 13, 2020

sophy17:
2 bedroom flat
400k pa
70k ac
20k caution

Contact 08024229004 for inspection.

Properties › Festac Letting by sophy17(op): 6:00am On Jun 13, 2020*

2 bedroom flat
350k pa
100k ac
20k caution

Contact 08024229004 for inspection.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sophy17(m): 11:00pm On May 29, 2020

meshpips:
I know it is hard to believe but I play by a different set of rules!

I am indifferent.

I have good units that I bought on the 20th and 27th May, 2020 at 2.30k and 2.35k. Yet I am not into all your ....
All I am saying is that many are making money by having priviledged info. It played out today again.
Just a few mins to the end of today's trading some guys suddenly cleared all the offers for Nahco.
When the result was yet to be released on the nse site.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sophy17(m): 9:57pm On May 29, 2020

meshpips:
A few people here got my recommendation to buy NAHCO since almost 2 weeks ago.

I nor get power to dey shout or argue.

Those that value the information I give out will keep receiving it.

Others can be arguing with me.

I go just dey look.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sophy17(m): 9:53pm On May 29, 2020

emmanuelewumi:
Source?

http://www.nse.com.ng/Financial_NewsDocs/30293_NIGERIAN_AVIATION_HANDLING_COMPANY_PLC_FINANCIAL_STATEMENTS_MAY_2020.pdf

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sophy17(m): 8:46pm On May 29, 2020

Nahco 2019 year end result is finally out!!!
.30k dividend declared.

Hmm people saw this result before close of trade hence last minute rush for it today.

Many shits happens while some are busy analysing!!!

Naija we hail thee.

1 Like

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sophy17(m): 10:33am On May 03, 2020*

Let me add a few tips to the above, using myself as an example.
I am a legal practitioner. So I read a lot but not junks. I rather search anywhere and everywhere to get answers to what I need to know than ask questions. So when I joined this thread, I started from page 1 and got ALL the best possible answers. Mind you, I had my first degree(not Law) in 1990.
Pls (and this is for everybody) I think (emphasis -think) you don't have to be in the market all the time. I resumed trading on March 16, 2020 after stocks crashed because of covid 19 and oil price crash. My last transaction before now was in 2016. Infact, I had to request for a new user id n password as I had forgotten my login details. But then, I have been investing by constantly READING about everything that matters. So for many years, I read about stocks but was not buying because as a lawyer I know there are little or no protection esp in Nigeria, for minority shareholders.
Some years back, I met a young man, my Client, a chartered accountant. He finished 12 years after, from my former university. He bought good units of Int'l Breweries @ .87k and sold in less than a year and half @ N3.00+ . He bought his first land and built gradually. He has never been a tenant in his life. So there is money in stocks market!!!
Lastly, I have done many bizs successfully and still counting .My secret is, I constantly seek Knowledge by READING.
Our greatest investment is our TIME. Invest it wisely.
A man dies the day he stops reading. Not junks o

33 Likes 1 Share

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sophy17(m): 3:27pm On Apr 30, 2020

veecovee:
Sis, the best thing is to ignored those her posts as I did some.

Don't chase a mad person that took your wears from ur bathroom window

Now I am convinced you are far from being a PASTOR.
Pls go and read to understand your Bible.

1 Like

Celebrities › Re: Man Sends Sophia Momodu N150k To Start A Conversation With Her by sophy17(m): 2:30pm On Apr 29, 2020

LIAR!!!!!!!

HOW DID HE GET HER ACCOUNT DETAILS IN THE FIRST PLACE huh

Health › Re: Coronavirus: First Patients Injected In UK Vaccine Trial by sophy17(m): 3:46pm On Apr 24, 2020

Jashub:
[s][/s] Rubbish and baseless

That is ALL you can say. Nothing more to back your assertion and yet got many rubbish and baseless likes.

Politics › Re: 11 Million "Poor And Vulnerable" List. Zamfara Leads, South-East Lowest by sophy17(m): 10:46am On Apr 11, 2020

ghettokid1:
https://dailypost.ng/2020/04/10/covid-19-zamfara-leads-as-fg-publishes-full-list-of-11-million-poor-and-vulnerable-nigerians/

How come Ogun State is missing from this list?
We have 35 states plus the FCT in Nigeria. Fct is already on the list as a State,, but Ogun State is not included.

Or are we saying tat there is no single vulnerable person or household in Ogun State?

@Lagos data, seems they counted only the hausa/fulani beggars in a few major locations in Oyingbo, Mile 12, Ikotun, Lagos.

Nigeria indeed is a big fraud.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sophy17(m): 6:06pm On Apr 09, 2020

PharmAlfred:
A deal has been reached. Let's see what becomes of the market in the days ahead.

10 million bpd production cut is not good enough. The excess production that brought down the oil price waa in that range before covid 19 pandemic increased it to about 20 million bpd due to world inactivity.
So the production cut needed now is about 20million bpd. This present agreement can only stop further crash and perhaps hedge it a little except there are clear signals that the worst of covid 19 is over.

Investment › Re: Nigerian Stock Exchange Market Pick Alerts by sophy17(m): 5:38pm On Mar 27, 2020

amustsuccess:
Good day Investors!

I presently run an account with my analog brokers, and plan to open another with Morgan.

Can I run two accounts at the same time?

Thanks!

Yes as many as you want, but pls use your existing CHN for the new accounts

Pets › Re: Adult Male Pedigree Rottweiler For Sale by sophy17(m): 7:04pm On Mar 04, 2020

How old?

Travel › Re: The Struggle To Board A Bus At Iyana Ipaja, Lagos Due To Okada Ban by sophy17(m): 3:34pm On Feb 03, 2020

Akiliogidi:
Lagos state governor gave out motorcycles in December, Gokada signed a deal with MC Oluomo’s road transport union, in less than 6 months after, this is what they got.

We keep shouting that we want investors in Nigeria, how will an investor cope with unstable policies?

When virgin Atlantic was tapped to come and invest in Nigeria, they only asked who will pay for damages Incase there’s a bridge of contract... They never got a reply.
It’s such a shame that we treat investors this way

Bridge of contract ke?

9 Likes

Politics › When Will Gov. Sanwoolu Fix Lagos Bad Roads He Promised Last Year After The rain by sophy17(op): 9:31am On Jan 09, 2020*

Hello Lagosians,

It is a known fact that Lagos roads suffered serious neglect by the govenment of past Governor Ambode especially towards and after the elections.

By 29th May, 2019 when Gov Sanwoolu came on board, he inherited a terribly bad roads that caused road users untold hardship. The situation got worse because of the rains resulting in flooded roads all over.

Governor Sanwoolu was not oblivious of the situation as he had infact used it to campaign promising then, to declare a state of emergency on the roads. This was not to be as the situation continued unabated. There was an outcry When the sufferings became too much, but the Gov said he could not do anything until after the rains.
.
The rains have stopped since December, 2019 and we are in January, 2020 and the roads are still terribly bad despite several media reports and claims that they are fixing the roads.

Lagosians seems not to feel it much now because the floods are no more. But when the starts again, the reality will resurface. So the question is, when will the roads be fixed as promised? Now is the time. So please fix the roads now. We are not animals. We see the police and other agencies on the roads checking motorists for documents on terribly bad roads. Shsme.

Politics › Re: How US Embassy Portrays Nigeria On Its Website by sophy17(m): 10:22pm On Jan 07, 2020*

And yet the Nigerian authorities, their appointees and their supporters will claim that they are doing well and that all is well.

Despite all the cries of lagosians since last year May when Sanwoolu was sworn in, he has refused to fix the lagos roads. He was using raining season as an excuse, but rain stopped since November, 2019 and yet nothing is done.[b][/b]

1 Like

Romance › Re: My Wife Is Emasculating Me by sophy17(m): 11:08am On Jan 01, 2020*

I want to believe you have no meaningful or slightest contribution to the fortunes of your wife otherwise I don't see how she can behave like this except she is an ingrate.

Her family too would not have allowed it to happen talkless of being part of it if you had been good.

What I know is that if you had been good, you will surely triumph.

2 Likes

Family › Re: My Wife's Wahala. Goes Through My Phone Every 3 Days by sophy17(m): 10:38pm On Dec 30, 2019

The anger part (smashing of phone) is very dangerous. I hope she will not smash your life one day out of jealousy.

Women who end up killing their husbands also started like this.

You need to stop this trend now.

4 Likes

Politics › Re: Dino Melaye On Christmas Vacation With His Children And Father (Pictures) by sophy17(m): 10:14am On Dec 24, 2019

When next is your court case coming up so I can know when next you will be seriously sick?

2 Likes 1 Share

Romance › Re: Am I Making A Mistake? by sophy17(m): 10:30pm On Dec 16, 2019

I did not see any good side to this guy from your entire story. All you have narrated are the warning signs and good to see that you are able to see these things before marriage. I can assure you that this is just a tip of the iceberg until you get married and see full scale.
He is still a boy and you need a man.
The men are there but you friend zone them. You lie to them too that you are married.

Open your eyes and your heart now before it is too late.

Properties › Re: My Family Has Been Scammed by sophy17(m): 2:05pm On Dec 04, 2019

If you actually paid the lawyers for the purchase of the land through your uncle who is also a lawyer, I will advice you write a pettition through your Lawyer against the lawyers involved to the LPDC i.e Legal Practitioners Disciplinary Committee for breach of Professional Conduct.
The lawyers can be debarred.if found guilty. I am sure they won't that to happen so might settle with you.

I am a lawyer but I will advice you get a lawyer preferably in Abuja who you are sure does not know the lawyers involved..

1 Like

Romance › Re: My Wonderful Relationship Is About To Suffocate by sophy17(m): 10:14am On Dec 03, 2019

Wonderful relationship indeed!!!

May God give you sense

3 Likes

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