Member Info for Beresford2021

it is now delisted! Do your own research, you were probably instrumental in the share price collapsing! You lot will cause a disorderly market, as you scramble to exit! The problem is you lot are cartels, so you can attempt to swing the sp how you want, hence the bear raid where we dropped to 14p a year or so ago. Shorting should be banned full stop, and I'm glad some of the brokers stopped any shorts being opened a while back, they all should have done it, they should stop it full stop, but then they get quite a hefty return when something like this happens and shorts get burnt, hopefully!

well you would know! It only took 2 hours for that share price to tumble from it's highs!

You are wrong skippy, there was plenty of evidence of what happened in another share where the shorters piled out on a certain announcement and the share price collapsed by over 3,000%!

"A final dividend is a dividend declared by a General Meeting of the shareholders. An interim dividend is one declared solely on the authority of a directors' board resolution"
I don't think this will be a 'final' dividend!

totally agree Bruno and I hope the Board recognise this, and fry the lot of them!

a sale of parts calamari will not need shareholders consent. If it's just MT & flanks, then as I understand it, no vote will be required. I sincerely hope they do it in parts, as I think overall, we will get more!

won't need a vote if it's just MT & flanks though as I understand it. IMO that helps the company, if they do part sales, in lots, they don't have to refer to us lot!!! I'd avoid referring to us lot if I were them! A sale of parts might be more advantageous!

Bin me, and please don't ever answer any of my thoughts again, keep them to yourself.

should say suspension not extension

wrong, they can suspend if there is likely to be a disorderly market, which IMO there will be, with the likes of you lot trying to get out at the best price you can. wrong again, they can date the dividend as the date the resolution was made as I understand it, or not date it so to speak, so that it then falls to be that date. If I am wrong, and the info on the internet is wrong, perhaps a tax expert could clarify, but as I see it, the passing of the resolution by the BOD can effectively be the date.
Shorters can't buy in the market if there is an extension until pay out and my reasoning for suspension is as stated above, because you lot will cause mayhem to the sp.

Hi Tigra, none of us know, but if I were Dmitry, I would set the divi date as the date the resolution was made. That in turn makes me think the sale announcement is imminent, as they can't then wait weeks or months to announce it. If I am right, then Dmitry and the BOD have well and truly dished the shorters, as they don't know what the resolution date will be, and regardless, they can't get out if it is the date the resolution was made, they will have to pay up regardless for the shares on loan, which looking at Tilly's updates, is still quite a large amount overall. I suspect the shorters will now be quiet. It may not happen this way, but if I were Dmitry, that's what I would do, and I would suspend, otherwise I think there will be a completely disorderly market with shorters trying to get out at the best price they can once the date is declared! Does that make sense? I'm consumed with excitement over the shorting brigade hopefully getting their final come uppance!

there is nothing to say the company has to take in to account an individuals tax position. If they suspend, they suspend, and I hope they do. It will stop the sp from falling off a cliff for a start, we all just have to suck it up and pay. If you want to pay less, then may be you need to reduce your holding beforehand, but no, of course you don't want that, because you want the best of both worlds, you want to get the best tax advantage and then ditch some shares after the date announcement so you can try and pay less, the sp falls, and then that affects the rest of us, who prefer to stay in, so the fairest way to deal with it IMO is to suspend on announcement of the divi date which I think will be the date of the resolution, and shorters will be punished, as they are trapped. Notice their absence now, as there is nothing they can do, because they don't know the date of the resolution! IMO of course.

suspension on announcement, will equally catch those who switched and went long. They could well be trapped! Seems like Calamari has gone AWOL again !!!!

In fact I'm genuinely thinking they may well have just got the shorters, and well and truly caught them out! Any left in since the company made that resolution could well be TOAST!!!

Tigra you can't just hold off on a date so as to satisfy larger shareholders and their tax affairs. I have a strong feeling the company will suspend on the announcement so as to avoid any shenanigans. It's only fair in reality that it is that way, and then everyone has to suck it up and pay the tax that is due on whatever date the company declare is the divi date. I do hope they back date it to the date they made the resolution. Shorters could be in trouble!!!

“When a company declares a dividend, the director makes a resolution which determines that a sum of money will be paid on a particular date,” Strike explains. “If no date is given, the date that the dividend is deemed to be taxable is the date that the resolution was made.”
The date could already be determined as the date of that resolution. It is possible in very limited circumstances to back date, but you have to be mindful of reasons, and keep within the law of course, as HMRC will be watching! Quite often I believe it has to do with directors offsetting clawbacks they haven't used or claimed, so like we can claim up to 4 years of losses, likewise, they can do this, but only in very limited circumstances, but I'm not a tax expert, I'm not a financial advisor and so best to do your own digging! It's just bits I've come across on the net, but take a look for yourselves and see what you think. Whatever, it will be interesting to see what it is when finally revealed.

I wish they would back date it to the time of the suspension, all those who were in and rode the suspension deserve it, those who have jumped in and out since, well they won't have the grey hairs!

Poor Keith, I feel for him, he's going to have a massive job trawling through the share registers looking at settlement dates!

They could have decided the dividend date was the date of their meeting, to approve what is in today's rns, they can do this I believe.

Not ALWAYS! There are circumstances in which a Board can back date a divi. You can find information on this on the internet.