The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Those late trades look a complete mess, loads of contras, that massive one of 43 million ends in 820, 825. A couple of 8mills end in the same odd numbers and are reversed, not to mention the 25mills that are reversed. As they are late reported they are showing as buys against the close - but doesn't mean they were buys when they were worked!
I recall Steven Sanderson of UKOG being similarly positive about the Broadford Bridge duster being a success (a truly dire performance there, that 'success', in round figures, equates to 99% loss of shareholder value).
Everything that doesn't go to plan or is an outright mistake or failure is a 'learning curve' and a source of data (aka how not to do it next time). The reality in investing terms is if you are financing all this acquisition of data and knowledge it is mostly for the benefit of those who buy in nearer to the end game.
19:26, I'd guess that's more to do with their internal set up than the market. I've done Bed and ISA in the past with ii, it's virtually a simultaneous transaction for a company geared up to do it between a trading account and ISA on the same platform. You're buying back what you've just sold after all.
pedro61, you're obviously not interested in what boohoo have done to resolve the issue and committed to do in the future. You seem to think current investors should be as fixated about the past as you are. If you're making the point you'll never invest here, that's fine. At a rough guess over 99% of the population are not invested in any given share! I don't subscribe to the view you have to be invested to post, but don't really know what you're trying to achieve even though, at face value, your posts do appear to have sincerity.
130% capital expenditure offset against tax in the year the cash is spent will go along way to push garment manufacturing into the 21 century. The future is obviously more machinery and less people just like every other industry. I expect production techniques in these Leicester factories hasn't changed since the middle of the last century.
pedro61, presumably any company benefiting from very advantageous cost price of goods for resale will be making extra profit and therefore paying a greater amount of corporation tax and VAT margin. Are you directing any of your concern to the various agencies funded from taxation that failed to make much impression on working conditions in Leicester over many years?
2% online tax (as an example) isn't going to stop people buying online - did insurance companies take the hit on IPT (now at 12%)? Answer is No! It's just passed onto policyholders by all the insurance firms.
Some deliberate scaremongering with the 10%, perhaps that would be the impact on the bottom line if, in some parallel universe, the tax wasn't passed onto the consumer. Then again, there are a few on here I suspect don't even understand the difference between turnover and profit.
yaf4e (your car reg?) Online tax is no secret, sp may rally if it's less than expected or delayed. Media comment is Rishi is holding a separate 'tax day' on 23rd of March to set up consultations for various tax changes and then holding a second budget in November. We'll soon see, but I don't think you are interested in anything other than your usual agenda.
Slipperz, whether an online tax happens or not I think your reasoning is poor. Online tax lends itself to being based on turnover not profit, there is a big difference! Turnover is very simple to apportion between different arms of a business. Every corner shop has to differentiate between zero and standard rated items for their VAT return, if they can manage that it is ridiculous to say a business can't easily separate store and online sales if required. The example of electric vehicles vs internal combustion which is being driven by the climate/pollution position couldn't be more irrelevant to the shift in shopping habits. People are having to be pushed to EVs, I'm pretty sure the government wouldn't be choosing to spend money subsidising them whilst losing all the fuel duty and 'road tax' if they had an option not to do so, but they haven't as, rightly or wrongly, the world accepts climate change as a top priority.
Just means you got a buy price below the midpoint of the published spread at the time of the trade. That's basically good, if it was a car you'd be be saying to your mates you bought nearer to trade book than retail.
cneighbour. No, that may be part of it but with all taxes the main point is to raise tax for public spending. Business rates are outdated in an online world as they simply don't work in the way they were intended. Rishi will be losing revenue from all the office space that won't be needed with the shift to home working, new revenue sources will be needed to replace those lost.