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I bought Centrica at 43.64p and took some profit for the second time last month when it reached +90p. Ridiculed for selling by some on the CNA BB, but unusually for me I sold at or very near the top.
Waiting to reinvest hopefully at sub 80p.
Longtimeinvestor
Centrica was one of my few sucess stories
hahahahaha
I last purchased Centrica near the start of March 2020 at under 60p.
Didn't purchase at the very lows because I was concentrating more on other stocks. If I had purchased at the lows I may well be at break even now .
I of course have had good dividends from them in the past.
Lti
I thought about centrica but they tried to make me as executor of mums apartment sale the legal owner whilst in probate , they picked on the wrong person , don't like the bunts , however i still should of bought sub 80p
American inflation by and large is its own fault. The USA is self-sufficient pretty much energy-wise and most of its inflation is due to the huge stimulus packages that Trump and now Sleepy Joe have put through by money printing.
I doubt Wall St is going to take too kindly to a tax on buybacks and higher taxes on businesses don’t work. Sunak is wrong attempting to put up Corporation tax here.
Sleepy Joe is about to damage the US economy further.
B
LBG was formed in 2009.
Before that we had Lloyds TSB, HBOS
B
''Centrica''
My worst share in my portfolio (I blame sufc) - but I am hopeful that it will come good at some time in the future - only need it to double in price.
I was just making a point that one can lose good wonga on the ftse . Also gambling at times . Aim is gambling i should know.
Previous to that ?
B
''£6 a share some paid for Lloyds i believe''
No one has paid £6 a share since the formation of Lloyds banking group in 2009.
There's a good many thousands of people that will not see there money back on the banks ever . Not aim . £6 a share some paid for Lloyds i believe. Also RR Centrica and so on .
B
btw - as you may already know - there is no IHT to pay on most AIM shares if held for at least 2 years. Another big gamble to take if hoping to save a fortune in IHT for benefactors.
tfe
I am sure the Lloyds bod would have looked to see if there were investments around that could compare with the investment in Lloyds shares, which at the current price level and bank profitability can make a return of over 10%.
The UK with the stamp duty has not been on a level playing field with the likes of the USA and other countries. I believe Liz Truss is more in the camp of tax cuts.
''young fledgling companies''
yes, higher risk gambling. No tax on gambling
That's true Lti, but I get the impression that share buybacks are not looked at favourably by some. They like to think that alternative investments that will expand the business is a better use of profits, but of course better or alternative use of profits are not always available.
It probably wouldn't make any difference if a company wants to embark on a buyback but it will be popular with the media/public especially at this time.
I'm sure all governments watch each other's policies.
I thought it was relative.
Lti
I believe if i remember correctly there is no tax by the government on aim to make young fledgling companies more attractive and potential start ups employment ect.
No tax on aim shares but the value of many been shiiiiit
B
I think they are seen more in the class of gambling - there is no longer an additional tax to pay when placing a bet as there once was.
stamp duty on share purchases and on a main property purchase should be scrapped.Stamp duty should be payable at a minimum 10% for any property that is in addition.
No tax on aim shares
The UK already has a 0.5% tax of course on share purchases
Sleepy Joe's long awaited climate, tax and health care bill has passed the senate stage.
The bill included imposing a 15 percent minimum tax on large corporations, plus a new 1 percent excise tax on stock buybacks.
You can be sure that the UK at least will be looking into the feasibility of some sort of levy over here.
Whether it gets implemented sometime in the future remains to be seen