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Pure speculation - is the accusation related to this years equity raise from our prominent investor.
Hash theres a lot of anti avoidance rules in the uk to prevent loss buying - it doesnt stack up tgat anyone would buy superdry for tax losses. There isnt a market for these in the uk. The current business would have to earn them out by making taxable profits
Its also pretty much 1st line in the trading update rns
Boyo the first quarter this year is up 10% on first quarter last year. Thats your year on year. No need to divide by 12
Boyo i think youre missinterpreting. The comparison is q1 against q1 prior year. Why would you spread this over 12 months?
Hoping that proactive have uderestimated metro's profit. My sensible side saying 11m feels about right.... do you rate proactive journalism primetime?
Capitalising the finace cost into fixed assets is not the same as deferring interest payments. In any case if you look at cashflow statement in half year report there were nearly 14m of interest expense paid in cash
Give it a rest space pup. I get you lost a lot of money but there does appear to be a decent turnaround story in play here.
Sorry humble pie eaten
Thats really irritating cause ive got some of my holding outside of isa from when company got suspended
I stand corrected tech. Annual exempt amount is reducing.
You didnt say isa limit it brond. You said cgt allowance (which the taxman would call annual exempt amount). Btw you can still add £20k each year to your stocks and shares isa. Find another tax advisor.
I would find another tax advisor brondby. Annual exempt amount on gains is unchanged, 12.3k
Toffers youre not required to hold 30% to bid for entire share capital, can make a bid at any time. The rule is you must make a bid if you breach 30%.
So some guy at the market told you there wont be a recession 😂ðŸ˜ðŸ˜‚ðŸ˜ðŸ˜‚ðŸ˜
Stokey you cant pay dividend unless you have accumulated positive reserves. In effect have to reverse all historic losses before this can happen. End of june 23 the deficit was 167m so need to make this amount of statutory profit before a penny can be distributed as dividend.
Lottie to an extent historic losses will help although can only offset first 5m of profits with brought forward losses, 50% thereafter so more than 5m taxable profit you still pay tax. In addition significant restiction on interest deductibility when computing taxable income. Can only offset interest expense to the extent of 30%ebitda. Therefore can make a statutory loss but still pay tax. For this reason i would expect tax losses brought forward to be nuch less than the sum of historic statutory losses. 25% tax rate is a stinger.
Thanks for tips Si. Im not a regular on the boards
I read a few weeks ago that the CoA would hear the judicial review case. That was mid January in Belfast live. Just wondering if anyone here has stumbled across any newer updates? I can't find anything on CoA case tracker (search term Harland and Wolff). The article mentioned the case woukd be heard in coming weeeks so i would expected nmthis to begin any day now.
Weird that nearly 6% of share cap has been purchased in last week to cover shorts yet the share price has been slipping.
Only upcoming news we can bank on is q423 trading update