Member Info for Bigbadbaz

Brent back down again tonight.Might have to wait till next year for 60 bucks/barrel

Have done well so far this year Graham, time will tell.I was wondering when you would show up.

as soon as there is any whiff the dividend is at risk the SP will drop like a stone. Very true, and applies to any company that pays a divi. Shell have never cut the divi since ww11. I know that this is purely historical but surely in the last 70 years there have been worse times than this. Shell pays many people to forecast the poo. They did not get to the behemoth that they are by being lucky nor will they bankrupt themselves by paying a hefty divi they cannot afford. You may well be right but as I bought in again last week I will take the risk that the BOD knows more than us.

Pound slipped below $1.3, looking good

The price is where the market thinks it should be.There are many people paid to analyse big oilie,if there was a whiff of a chance of this going down to £12-£15 it would be there already, Brent crude well up today at $45.5. just going through a wee summer hiccup.

It's always a difficult call to make when selling.I bought in purely for the divi and not to sell out.However due to the speed of the rise I had 10 divis in profit.I will buy back if it makes sense after the 30 day rule is up.It is impossible to squeeze every penny out of it.Making a profit always trumps a loss and it is always much harder selling into a loss and tends to make the pain greater.The stock market is like taking a penalty kick.no matter how you do it,scoring is all that counts.

Charlie A bird in the hand springs to mind.Nobody ever went bust taking a profit.

FJGooner Cheers for that.I had a look at the government site but was still unclear,however the BBC site explained it a lot better (it is a wee bit out of date but the 30 day rule is still the same) So if I buy them back within the 30 rule a bit cheaper (a very big if) then the capital gains reverts to the new smaller gain and if I buy back at a slightly higher price then there is no capital gains but no allowance lock in which is no use whatsoever .Unless there is a very big drop in price within the next 3 weeks I will wait out the time and take it from there. many thanks for the link, cheers Baz.

FJGooner You may well be right, however I am where I am and still need my previous post answered by some learned investor,I sold out as the temptation was too great.I therefore will be paying cg on some of the profits.As I said before,If I buy Shell back before the 30 day rule is up, the cg allowance is null and void and reverts back to its presale amount,Common sense tells me that I now no longer owe cg gains tax as I have bought them back inside this 30 day rule.However commons sense might not apply here.I have raked the internet trying to find the answer to no avail.Anybody out there with the answer? cheers Baz.

Can anybody help me here? If I sell shares and make £20k profit my cg allowance is£11100 leaving £9900 liable for tax If I buy the same shares back inside the 30 day rule the the tax allowance is voided and buying price reverts to original Am I still liable for the cg tax on the £9900 or does that get voided as well. Thanks in advance for any replies, cheers Baz

can hear the sound of investors' feet running as far as they can get from the imploding uk & £. Explain this for me please

The yield looks more reasonable due to the increase in sp which is due to the low exchange rate.The divi comes from from earnings ie oil price , therefore the two are not connected.Correct me if I am wrong.

The yield looks more reasonable due to the increase in sp which is due to the low exchange rate.The divi comes from from earnings ie oil price , therefore the two are not connected.Correct me if I am wrong.

Ex dividend date is 11th august

Managed to sell at third attempt (50%)these were bought for the divi but I could not resist the locked in profit. Where now? No idea, if they continue to climb fine and if they drop a quid fine. Have to stay out for 30 days due to cg rule then have a think.We live in interesting times.

I tried to sell a bundle of rdsb today on the hbos platform where I hold them.I could only get a best price pending from brokers due to market volatility .I cancelled the deal promptly as they could have given me anything. So selling at these prices is not as easy as I thought. I have dealt for 20 years and this is a first.

This was to be announced today but i cannot find it anywhere.Does anybody out there know the amount in pennies? ty in advance.

Caitlin1,I also saw last week somewhere the statement about the $2 divi for $1 dollar earned. Shoite it may be but it was definitely out there

That was quick,Hbos are not so quick off the block, hoping for Friday

When you ask a question on the board and you get a reply, it is good manners to respond by a wee thank you.