₦airaland Forum

bastardson:
Has the stock market been closed all week?

My portfolio is literally stagnant

When I mentioned that that 30 percent CGT nonsens is going to affect the market for a long time, some people here insinuated that I don't know what I am saying.
From zero to 30 percent jump cut in your profit
No problem, make we dey watch

I hate this oyedele guy with passion.
Thieves in government.
They said they needed to devalue and make our naira valueless and also remove fuel subsidy in other to generate more funds as this will make lives better for Nigerians economically. Almost 3 years down the line after taking the above actions, the money generated has been looted(no accountability) with nothing to show for it and Nigerians are economically worse off and seriously struggling financially, no more middle class.
You enjoy nothing as a citizen, no free education, no free/quality healthcare, you source your own electricity, bad roads and worst of all, serious insecurity everywhere.
Yet they want to rip off the citizens the more all in the name of tax reforms.
Fix the country and provide the basic social needs to make life better for your citizens just like it's done in other countries where the citizens willingly pay tax, provide 100% transparency in spending public funds and strengthen our currency,
Then you'll not need to threaten the people to pay Tax.

It is this corruption of those in authority that has reduced this country down to the level of embarrassment and shame.
Its the same corruption can spell doom for a country at this level.
You can see the way our leaders are handling terrorism, using it to play politics for selfish reasons. They're not even touched by what is going on, it doesn't concern them cos they have multiple citizenship incase the country finally implodes today.
Hatred for a particular ethnic group in the country has blinded other ethnic groups that they don't even see that northern level of banditry/terrorism has gradually crept into the West .
This week it was kwara state, who knows where next it will be.
And as usual we look the other way until it consumes everyone.
Make Una continue.

nosa2:
This has nothing to do with CGT but you guys keep up with that narrative, its interesting to watch.

So pls, what do you think is responsible

I strongly feel this 30% level of CGT will chase away investors.
If you struggle to make profit government will divide your profit by 3 and take one part.
But if you make loss you are on your own.

Why is dangcem nose diving like this?

Most Nigerian ladies have built a selfish mindset shaped by society using very faulty stereotypes which is an opposite of the biblical principles upon which marriage was founded.

- the moment you marry you become no longer two but one flesh, meaning you should be united in everything you do. Meaning each party complements each other, you are a team.
- but even in a football team for example, each player has their primary roles but cover up for each other when the need arises.
In the same vein, the husband has the primary responsibility of providing financially for the family but should sometimes be assisted by the wife when the arises even without being told.
Similarly the man should do same when the need arises even if keeping and taking care of the home In other ways than financial, is he primary role of the woman.
This is what the couple should sit down and discuss in other to reach an understanding, prior to trying the knots.

So these selfish ideas being peddled around about responsibilities of each party in marriage should be trashed away. It does not in anyway, paint marriage in a good light.
A lot of us are getting it wrong, that's why most marriages don't last.

Yoursfaithful:
The guy still dey explain nor..he go explain taya..like he needs 2 by 2 plank of wood to reset that him brain abi

The pressure being mounted on them should be channeled towards reducing the retrogressive CGT to max of 10 %.
They should look for other innovative ways of raising funds.
Even the 800k limit on PIT needs to be reviewed in the light of present realities facing families.

This will even get worse for Nigerian starting from 2026 when this government starts collecting more money from people's salary in the name of new tax reform.
So brace up for tax without social benefits for the masses

HesInMe:
Beautiful. WAPCO is a N200 stock by any reasonable measure.

Thank God I am in this boat, although I loaded a little bit late @129 due to prolong waiting at 100 but, the thing refused to come down.

Locotrader:
I said if Japaul no rise at least 7% today,I go offload everything and run for my life.
Mining sector,a place to Chanel funds now

I come in peace o🙌

Agbalowomeri:
You said you don't agree that they are promoting Japaul with ulterior motives.
Not that portfolio is heavy. Anyway the money on NSEMPA can move penny stocks. Boys don hook for Japaul so the campaign is to find people to dump on

I believe this sudden aggressive marketing and hype for japaul is going on because they have loaded it heavily. But the thing no gree rally up instead the thing wan nosedive
So them feel aggressive marketing will help prevent the thing from crashing in the short term.
Some fit still dey use am do jijo.
It looks like a planned collabo.
Even if you want to market a stock, all these multiple repetition of post is not necessary.
They're begining to sound like a broken record.

awesomeJ:
Gains from N10m upwards will be taxed at rates ranging from 15% - 25%.

But you can sell and repurchase to rebase your cost price, and thus minimize your TAXABLE gains.

For those saying sell in 2025 and repurchase in 2026, would that be necessary?
I think the best is
sell in 2025, then reinvest in same 2025 and hold till 2026-- no tax for 2025
New cost price is price of the stock as at January 1, 2026.
Sell in 2026, then reinvest all proceeds in 2026, then sell at very little or no profit. So, no profit was made in 2026 assuming no further purchases are made.
So tax avoided.
Make Una check am, abi e no correct?

At this point you can withdraw funds into your bank account, and such funds wouldn't be subjected to PIT cos, it has passed through CGT process. Hope am correct.

[quote author= post=136926256]Let me use this opportunity to make an important clarification on the critical and evolving role of pharmacists in the healthcare system because of a rather myopic post made probably by a medical officer above. While everyone is entitled to their opinion, it is crucial to base our understanding on facts and current clinical practice. The characterization of pharmacists as mere "dispensers" is not only inaccurate but also dismissive of their extensive training and patient-facing responsibilities.

Let's address the points raised:

1. On Pharmacists and Injections: "Are pharmacists even licensed to give injections?"

Yes, absolutely. In Nigeria and many countries worldwide, licensed pharmacists are not only permitted but are increasingly trained and certified to administer a wide range of injections.This includes:

Vaccinations (COVID-19, flu, hepatitis, etc.)
Hormonal injections (e.g., contraceptives)
Biologics and other therapeutic agents.

This practice is a cornerstone of public health efforts to improve accessibility. Pharmacists undergo specific, accredited training in vaccine administration, CPR, and the management of adverse events, making them highly qualified for this task.

2. On the Role of Pharmacists in a Teaching Hospital: "The most useless department... basically dispensers"

This claim fundamentally misunderstands the role of a clinical pharmacist in a tertiary hospital. A pharmacist's value extends far beyond the dispensing counter. Their critical functions include:

Clinical Ward Rounds: Pharmacists actively participate in patient care rounds alongside doctors and nurses. They provide expert advice on drug selection, dosage, interactions, and monitoring to ensure optimal therapeutic outcomes.
Medication Therapy Management (MTM): They conduct comprehensive reviews of a patient's medications to identify and resolve drug-related problems, such as duplications, interactions, or inappropriate dosing.
Antibiotic Stewardship: In an era of rising antimicrobial resistance, pharmacists lead hospital programs to ensure antibiotics are used appropriately, improving patient recovery and saving costs.
Drug Information Resource: They are the primary source of evidence-based drug information for the entire healthcare team.

To suggest that a porter could perform these tasks demonstrates a lack of awareness of the deep pharmacological knowledge and clinical judgment required.

3. On Brand Substitution and Prescribing: "Not allowed to swap a brand... let alone prescribe"

Brand Substitution: Pharmacists are legally empowered to make generic substitutions (swapping brands) when the prescription is written generically and when it is in the best interest of the patient, considering hospital formulary, cost, and bioavailability. If a doctor specifies a brand for a clinical reason, it is a mark of professional respect and collaborative care—not incompetence—to adhere to that.
Prescribing Authority: The role of a pharmacist is not to replace a doctor's diagnosis but to optimize the prescribed treatment. Furthermore, in many advanced practice settings globally, Pharmacist Independent Prescribers do diagnose and prescribe for specific conditions, a model that is expanding due to its success in improving access to care.

4. On the Healthcare Hierarchy: "Doctors, Nurses, Lab Scientists, before pharmacists"

Modern healthcare is not a hierarchy but an interprofessional collaborative team. Patient safety and outcomes are best served when doctors, pharmacists, nurses, lab scientists, and other professionals work together as equals, each bringing their unique expertise to the table.

A doctor's expertise in diagnosis is paramount. A nurse's expertise in patient care is irreplaceable. A lab scientist's expertise in diagnostics is crucial. Similarly, a pharmacist's expertise in pharmacotherapy—the science of medication—is essential. To devalue one is to weaken the entire chain of patient care.

Conclusion

Pharmacists are doctoral-level trained healthcare professionals (holding a Doctor of Pharmacy - Pharm.D. in many cases) who are essential gatekeepers of patient safety. They are medication experts who work collaboratively to ensure that drug therapy is safe, effective, and affordable.

Dismissing their role based on outdated perceptions does a disservice to the entire healthcare system and, most importantly, to the patients who benefit directly from their expertise. Let's move beyond stereotypes and appreciate the critical, life-saving contributions each healthcare professional makes to the team.[/quote]Apt

[quote author= post=136926256]Let me use this opportunity to make an important clarification on the critical and evolving role of pharmacists in the healthcare system because of a rather myopic post made probably by a medical officer above. While everyone is entitled to their opinion, it is crucial to base our understanding on facts and current clinical practice. The characterization of pharmacists as mere "dispensers" is not only inaccurate but also dismissive of their extensive training and patient-facing responsibilities.

Let's address the points raised:

1. On Pharmacists and Injections: "Are pharmacists even licensed to give injections?"

Yes, absolutely. In Nigeria and many countries worldwide, licensed pharmacists are not only permitted but are increasingly trained and certified to administer a wide range of injections.This includes:

Vaccinations (COVID-19, flu, hepatitis, etc.)
Hormonal injections (e.g., contraceptives)
Biologics and other therapeutic agents.

This practice is a cornerstone of public health efforts to improve accessibility. Pharmacists undergo specific, accredited training in vaccine administration, CPR, and the management of adverse events, making them highly qualified for this task.

2. On the Role of Pharmacists in a Teaching Hospital: "The most useless department... basically dispensers"

This claim fundamentally misunderstands the role of a clinical pharmacist in a tertiary hospital. A pharmacist's value extends far beyond the dispensing counter. Their critical functions include:

Clinical Ward Rounds: Pharmacists actively participate in patient care rounds alongside doctors and nurses. They provide expert advice on drug selection, dosage, interactions, and monitoring to ensure optimal therapeutic outcomes.
Medication Therapy Management (MTM): They conduct comprehensive reviews of a patient's medications to identify and resolve drug-related problems, such as duplications, interactions, or inappropriate dosing.
Antibiotic Stewardship: In an era of rising antimicrobial resistance, pharmacists lead hospital programs to ensure antibiotics are used appropriately, improving patient recovery and saving costs.
Drug Information Resource: They are the primary source of evidence-based drug information for the entire healthcare team.

To suggest that a porter could perform these tasks demonstrates a lack of awareness of the deep pharmacological knowledge and clinical judgment required.

3. On Brand Substitution and Prescribing: "Not allowed to swap a brand... let alone prescribe"

Brand Substitution: Pharmacists are legally empowered to make generic substitutions (swapping brands) when the prescription is written generically and when it is in the best interest of the patient, considering hospital formulary, cost, and bioavailability. If a doctor specifies a brand for a clinical reason, it is a mark of professional respect and collaborative care—not incompetence—to adhere to that.
Prescribing Authority: The role of a pharmacist is not to replace a doctor's diagnosis but to optimize the prescribed treatment. Furthermore, in many advanced practice settings globally, Pharmacist Independent Prescribers do diagnose and prescribe for specific conditions, a model that is expanding due to its success in improving access to care.

4. On the Healthcare Hierarchy: "Doctors, Nurses, Lab Scientists, before pharmacists"

Modern healthcare is not a hierarchy but an interprofessional collaborative team. Patient safety and outcomes are best served when doctors, pharmacists, nurses, lab scientists, and other professionals work together as equals, each bringing their unique expertise to the table.

A doctor's expertise in diagnosis is paramount. A nurse's expertise in patient care is irreplaceable. A lab scientist's expertise in diagnostics is crucial. Similarly, a pharmacist's expertise in pharmacotherapy—the science of medication—is essential. To devalue one is to weaken the entire chain of patient care.

Conclusion

Pharmacists are doctoral-level trained healthcare professionals (holding a Doctor of Pharmacy - Pharm.D. in many cases) who are essential gatekeepers of patient safety. They are medication experts who work collaboratively to ensure that drug therapy is safe, effective, and affordable.

Dismissing their role based on outdated perceptions does a disservice to the entire healthcare system and, most importantly, to the patients who benefit directly from their expertise. Let's move beyond stereotypes and appreciate the critical, life-saving contributions each healthcare professional makes to the team.[/quote]Pls school them. The lack of education is not just lack of basic education. Even a university graduate can be an educated illiterate.
See how quickly some so called "doctors", in a bid to berate another profession, rushed to comment while unknown to them, eventually succeeded in showing how ignorant, uninformed and uneducated they are about their sister profession, even amidst a plethora of information in a time where more than ever before, such information is readily accessible.
Ignorance is never an excuse for putting up this show of shame.
Instead of an unnecessary show of egotism, It's expected that one in the calibre of a "doctor" should be able do to the needful in providing accurate info to the public on matters like this when the need arises instead of swimming in the already obsolete tide of bitter rivalry that bedevilled the Nigerian health workforce in the past.
Even the uninformed public could be pardoned for their naivity on such issues but certainly not a doctor, not in this information age and time.

Has anybody recently been able to generate a tax id through the jtb website?

Something must be fishy somewhere!
It funny how some people are quick to defend the government on tax issues and attack their fellow citizens(soft targets) but, deliberately turn a blind eye and are slow to criticize and pressure the Nigerian government when they fail to meet their obligations to the average citizens.
For more than 10 years the issue of fuel subsidy removal lingered and was seen as what what will bring solution to our economic problems and the lives of our people, fix infrastructure, health, education etc.
They also sang the song of currency deviation(more than 100% devaluation) as another solution to our problems, that the naira will no longer be pegged.

Immediately this man entered he did both of them at once, even stopped subsidizing university education for citizens.
Fast-forward more than 2 years down the line, more Nigerians have been thrown deep into poverty and hardship.
Even our health system is in deeper shit.
Insecurity is worse than ever before.
But the government doesn't care.

All the funds accrued from all the different subsidy removal and the so called devaluation of naira runs into trillions of naira, with nothing to show for it.

not even those defending this tax strategy of impoverishing the citizens the more are asking questions instead they are folishly defending them. It baffles me really.
They are quick to refer to global best practices for taxation. How about achieving global best standards of living for your citizens before taxing them to stupor.
No accountability with public funds, nothing.
If you try to probe, they shut you up or kill you
Any their defendants see nothing wrong with that.
As long as we have senseless leaders and followers this country will never progress.
Individually you can support them all you want because somehow you are benefiting from the mess but be careful because one day it will comeback and hunt you.

Agbalowomeri:
Be na 10 years ago you traded last

Brotherly
E no reach so

Stockhunter:
Oh I see... The clarification came in handy🤔.. twale.

Then NGX needs to change the rule of 500k units to move a stock price.

I thought it's 10k units to move a stock of 100naira and above

megawealth01:
COY wey don recover

How does dangsugar plan to repay their loan, cos as of now, finance cost still eats into their profit quarterly, while the debts continue to be rolled over.

Locotrader:
Wow,
Let's check the OS of all the listed insurance companies.
We have reasons of clinging on Royalex.
Apart from Iei with 1.2b units,Nem 5b units,sunu 5b units,Guinea 7b units,the next is Royalex 8b units.
There are ones with 20,25,30+b units.

If you follow Loco,you no go miss road but I no go fit carry you for hand

Apart from a few good insurance companies, the majority of them are not doing well and are not honest to their share holders. Except for repricing of stocks due to inflation(which was even supposed to be based on inflation induced increase in top and bottom lines, reflected by Increased EPS) and majorly raising of capital tru maybe RI, nothing organically justifies the increase in share price for most of them. The more reason increasing their shares outstanding will affect their future valuation including those with little OS.
So I think even after their prices are pumped to their desired level for raising capital, investors will still dump them downwards to the right share price.
So this rally is not sustainable in the medium to long term, not to talk of catalyzing a $1trillion dollar economy.

Benbuffet:
As you are enjoying the insurance loot, don't forget to beat them at their game. Jump out before they do.

Why should they jump out now when they ere supposed to make 200 - 300 percent profit no sooner than later.
Recapitalisation of these insurance companies may most likely dilute there outstanding number of shares thereby making most of them more over valued. Hence my initial stance on trading them with caution.

Locotrader:
How old are you in this business?
You have a free information without payment that most insurance are going to do 200/300% and you are here talking of dividend.
Anyway,everyone can't be making money at the same time.
Some will be rich while some will be middle class and others poor.

INSURANCE SECTOR THE NEXT BOOM.

Oga pls stop chest beating indirectly, this is a faceless forum and you don't know me In person. Where your wealth stop is where another person's wealth starts.
I just aired my opinion and I am free to do so. You can air yours without belittling mine.
And mind you none of us here can control or predict stock prices accurately in the long run
Cos, if you're so sure of yourself 100percent, then give a definite time frame for your 200/300 percent, otherwise your throwing around of these figures here and there amounts to just speculation.

In my view, since most of these insurance stocks have poor dividend pay out ratio, 1 think one should thread with caution when dealing in them

Abeg my people apart from Morgan capital which other 2 or 3 broker(s) make sense with realtime platform and pocket friendly trading fees.

Mpeace:
You are correct. Thats confusing. Why would they do such.

Meanwhile lots and lots of money entering WAPCO

This annualising of results is quite deceptive and should be discouraged. One might think nascon is extremely undervalued whereas it's slightly overvalued.

This is serious! The rate at which some stocks are being marketed here repeatedly is quite alarming. Even when their fair value have been surpassed! sometimes, 1 begin to wonder if the intentions are selfish or selfless.
We really need to be careful here.

The EPS for royalex for H1 2025 is supposed to be 0.183 instead of 0.37 as stated in the result.
PAT is 1,514,789,000 naira
Share outstanding is 8.27 billion shares.
So how come the 0.37 EPS or was it annualized?

unite4real:
Based on the H1 results of the 3 cement companies, WAPCO still has the least PE ratio on an annualized eps.
Still the cheapest

Technically, from the weekly charts dangote cement is at a support level and has the ability to do x2 from present price before dividend payment by April 2026.

SonofElElyonRet:
Obviously if insiders are buying in their names, they can be identified.. but no one cares

After the price has moved like 50percent then, they release results and start dumping on gullible investors.
Same thing they do with sensitive info like rights issue

megawealth01:
The game is the game

Oh it's a game. Ok