Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
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Lets hope for a better attendance to the AGM. Plenty to talk about
Only another 10 weeks until full year results will be released , unless news comes earlier , those will clarify what DSM were doing all those years although only 2 months of full inCome will be shown , only expecting £500k t/o although would be happy to be proved wrong .
Agreed. I'm sure that, had we known the long route this product was going to take, we'd have had a different strategy. We didn't know, nor did the company. The excitement at getting approval for just one health benefit was huge. Since then, numerous other benefits have been added, and it's certainly possible that other studies could result in more patents. But commercial success is what this will ultimately be priced by, and that remains the elusive beetch it has been throughout.
we all know this share ain't going anywhere until we get big news, or turn a profit and get meaningful forecasts. yet, it still gets you down when it drags its **** along the floor like a dog with worms.
Sorry mate if you feel that way ,its just that when you been here for along time ,you want to see a some kind of return, and when it starts go down you just feel demoralised
Looks like some sort of automated response to each fractional sp movement. The Nazbot is only triggered by downward movements.
Think it might have been the 2.5 million sold that brought the price down 2.4%
I don't understand a small trade of 0 57 has dragged this down
Taxation - R&D tax relief: receivable tax credit
16,108 650 58,905
How loss-making companies receive their R&D credit
If you are a loss-making company how you will receive the SME R&D tax credit will also be affected. Whereas profit-making companies receive a deduction from their Corporation Tax bill, loss-making companies can receive a partial or full cash-credit for their R&D expenditure.
Alternatively, loss-making companies can choose to carry forward their losses to a future profitable year. This may make sense if your future profitability is predictable, as the return can be higher than if you receive a cash credit, however for most loss-making companies the immediate cash credit is preferred. Returns from carried forward losses can reach 20% of the enhanced R&D expenditure, whereas the cash credit is delivered at a rate of 14.5%. Choosing to take the immediate cash credit, rather than carrying the loss onto your future tax bill is called “Surrendering the Loss“.
For more information about how your R&D tax credit is calculated we recommend looking over our guide to how much you can claim. Otherwise, get in touch with one of our team and they will be able to advise you free of charge.
You may be right, would need to check the receivables in the cashflow statement. I only skim read the HMRC page, and it was talking about credits.
I was under the impression that if a company is loss making they can receive 27p in the pound of their R&D spend from the government , I might be wrong .
On a quick read through, getting relief from taxes that will not be paid for many years doesn't seem especially generous.Tax has never been paid, so a rebate seems out of the question.
So, so quiet.
Wellsite that may may well be true but pxs has been getting R&D tax credits from the U.K. gov . In the last interims it was £16k but the amount last year was £59k so not a small amount , https://www.gov.uk/guidance/corporation-tax-research-and-development-rd-relief
Https://oriri.shop/pages/what-does-oriri-mean
website coming along
Worth remembering over the last few years if all research were ceased we would've been in profit under the old DSM deal.
It's an assumption that all the stock has been bought and paid for, so I don't think we can extrapolate that in to any potential earnings forecast, though obviously I hope you are right. As for tax, there is nothing to pay on stock bought for resale, and, if the company has moved to trading profits, there is a huge carried over tax loss that will ensure that there will be no Corp. Tax for a very long time. Taxation is not on the radar. Cash generation is key, but funding of much larger productions remains an unknown unknown.
I’m now assuming that the DSM stock has been paid for ! so about £200k was found from income , I know little about running a company but am I right in saying that since the money bought stock for resale it is free from uk tax . Anyone with more knowledge care to comment ?
Provexis1 Jun 2022 15:38
Anyone been in this as long as me. Remember the Coca-Cola it went from 1p to 22p. 11 years In been in this:
You remembered this day as well, your words.
Hopefully!!! Read the Half Year Report RNS and the Capital Structure and Funding RNS. Waiting on positive news on multiple fronts.
After 15 years in this 2008 I found this and it has survived. While most of my portfolio the companies all went into administration. So one day we will be rewarded on this.
It’s back again now.
Nothing like a good conspiracy theory.....
W- :-)-$
Dr H it was near the top of that list , had a woman holding her tummy and a small paragraph then a link to the gut microbiota study . I can’t think why they would suddenly remove that link !
What did it say?