How the tables have turned

When I wasn't investing i would be happy on companies get taxation but now i get the opposite feeling. So if you cant beat them, join them

Also i felt happier when i received 50rs dividend vs getting my salary

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u/TechNerdinEverything — 4 days ago

EFFERT SAZEW MARI struggle to break out

Wtf is wrong with these stocks? While everyone else is just partying since last 2 weeks. I only own EFFERT i sold mari for more ogdc and switched to GAL from SAZEW

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u/TechNerdinEverything — 4 days ago

Filing return, laid off from 1st job now income is stock dividends

So what should be my income then? I had a job with taxable income but they did not deduct taxes at all. I didn't ask HR and i am non filer it was my first job for few months. My income annually was less than 500k to date so month wise i was on taxable income but annually I didn't have any taxable income

Baki late filing penalty ha so i dont want to apply till the new year comes. My income will be stock dividends which will deduct taxes, but it will be only a total of few hundred rupees per quarter

Please guide me anyone.

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u/TechNerdinEverything — 8 days ago

PSX stock candles+Using forex/trading signals on stock market (Speculative techniques)

In mostly normal/neutral times can you actually do that on individual stocks?

Times when things like supply, demand, volume, price, history and stock "candles" and similar speculative techniques factors most to get in the best possible price for a buy and sell position rather than company fundamentals

Also what website can i use to view a psx stock in the candles charts like in this picture ?

u/TechNerdinEverything — 12 days ago

Pakistanis Panic buying Iranian Currency

I know buying it is actually shooting yourselves in the foot. But i don't have the understanding of currency economics to say myself that this is a trap

One thing I know for sure is reissuance of currency. Any other risks involved? Even if Iranian Riyals multiplies exponentially this will cause a weird deflation situation in Iran won't it? I heard this situation has caused real estate to come down a bit

Also how long will this rally last?

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u/TechNerdinEverything — 14 days ago

TASI Saudi vs PSX which is better?

I have a friend who needs an advice. Personally in hindsight PSX has been doing better than TASI. TASI investors are regretting and pulling out. Money market funds in Saudi have very low returns and it requires a minimum between 6-15 lacs whereas it's 500rs in Pakistan 😂

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In future he wants to save for like major expense in Saudia such as a car or when he has to call his family here

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u/TechNerdinEverything — 15 days ago

MEBL volatility at market recovery

Can someone explain Mebl volatility? Intraday highs and lows are 10-30 rs in extremes

Also i have noticed both times when the market gets a boost i.e 1st and 2nd ceasefire, after tragedy mebl jumps to its all time highest then comes back to its original rate

From now own wards i am going to put a sell order of huge margins then buy back as mebl corrects itself after 2 days

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u/TechNerdinEverything — 19 days ago

GAL Possible pump and dump?

Brokers have set a target for GAL to reach 800 in December. In one week GAL has gained almost 20%.

I am a long term investor and i invested in it thinking it was GHNI before the hikes not because of this. I am kind of scared what to do 😭

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u/TechNerdinEverything — 20 days ago

Money Market Funds performance. Market or just Interest rates?

I know the returns are compared with interest rates however what about market/economic situation of a country? How much does it affect money market funds return?

I remember UBL Al ameen Islamic Cash Funds give bad returns when PSX was hovering below 160k mark. When it recovered amd interest rates increased to 11.5% it only gave returns at pre war rate. How much are these dependent on economic situations?

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u/TechNerdinEverything — 21 days ago

Money Market CGT taxed low?

I was not taxed CGT on my profits for al ameen cash funds. Is the CGT linked to stock market aka CDA records because there were stocks i sold at loss. Max i paid 1rs per redemption each month for 800rs profit per month

How is it calculated? I started in late Feb or early March

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u/TechNerdinEverything — 21 days ago

Roast my portfolio

I have a few thousand rs in un utilized cash. I am trying to wait for red but i am confused. I dont have hopes for ceasefire i think they will hang on for longer

u/TechNerdinEverything — 27 days ago

Avoiding non dividend stocks for future?

just an opinion take with grain of salt. I dont think PSX will exceed 180-190k and even if it does it wont be a spike like the last few years. It will remain stagnant for like 5 years because of future global recessions. AI stocks already starting to cause market issues globally. More problems to come. Isi trah hi rehti ha problems. Now excuse me gentelmen. Only investing in dividend stocks ensures that you have some sort of income

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u/TechNerdinEverything — 28 days ago

I am creating a list of Satta companies

Update: Guys since majority are Satta its easier to remove non satta from the list of ALLSHR index. I just created a spreadsheet but i need a new gmail account to maintain my anonymity the I will share

I need some help to determine which companies listed are satta stocks or not. Many are good many are ok but idk which ones are true satta.

I am making an excel spreadsheet and deleting rows of companies that do not belong on satta list

Atm i feel like all spinning, weaving and textile and sugar mills are satta.

Should i also exclude investment banks and insurance companies because they also feel like such. I cannot make the ultimate judgement call and I need your help guys

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u/TechNerdinEverything — 29 days ago

Will USA AI Bubble affect PSX a lot?

AI companies IPOs listing aggresivley on US stock Indexs. AI is very expensive to run at the moment. If this bubble bursts it will affect countries like Taiwan, Korea and China who create the parts and technology for computation. It will blow up just as much or more than

We dont have tech industry like them. We only export labour thats it. Infact its in our interest if the AI bubble bursts even if its temporary for the next few years until it improves. Many pakistani business like Systems and Netsol are outsourcing software companies only and their business is affected by AI. Netsol is laying off employees and other software houses too because of AI.

I am not investing in US exchanges until the day comes. I am solely investing in Pakistan only. What are your opinions if I am wrong? I am no economics expert but would love to dicsuss this

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u/TechNerdinEverything — 30 days ago
▲ 1 r/Lahore

License Renewal. DLIMS moved to DASTAK. Cant track my current application

I renewed my mom's expired license and paid the expiry fine as well. After my application they moved the DLIMS portal to dastak and I cant see any renewal application which i was able to see before on DLIMS. Man I dont have the evidence of the application just the PSID paid. I might contact support but I think its better to go physical

The tracking system is still showing tracking ID from 2020 when she first applied for her drivers license as well as mine. But current tracking id isnt shown. If anyone has had the same issue please tell me. We can try to solve the issue. I have yet to contact them but in the meanwhile just posting for awareness

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u/TechNerdinEverything — 1 month ago

Why KSE dropped from 190 to 180 before Iran war? Will it go back to 190 after 101% war end?

Many talk about how index plummeted after start of US IRAN war but i have seen much about the market plumitting after it reaches all time high Also why was the index volatile? People selling their profits from sudden upper caps in end of January?

Its important for me because war situations are not expected to be permanent much. But if we also assume normal market conditions which I have hard time analyzing then it helps. Lets ignore the war for a moment and see other issues causing pricing issues

u/TechNerdinEverything — 1 month ago

Are doing these random courses mostly useless ?

Many non CS people are telling me to pickup these so called random courses ai courses as if it will help me in secure a job and perform in the job. Some are generic, most mislead with promises, the market keeps getting saturated day by day. All I see these course insitution are minting money of suckers who are getting into a destroyed market

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u/TechNerdinEverything — 1 month ago