Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
capital gains does not get deducted at source, you declare it on your tax return, you can I think offset 5 years losses. Getting caught, well thats up to you there are penalties that the revenue will impose I think they start at 20% of the tax owed. If I was you I`d start researching some of this by googling it.
I'll tell you what as a Christmas present for us all I'll give them a ring in the new year and report back hers. That 'll give us something to look forward to!!!
2p to go tomorrow
Now this is on everyone`s radar as evidenced by the highest riser today and the stuff on twitter, forget about the gold, stonepark thats all too logical and sensible for AIM. What I`m hoping will happen tomorrow is massive buying in this and and an enormous rise, there`s every chance of that after today because the RNS gives a logic to the frenzy hopefully to come. Think about what you might top slice at, if at all. Christmas might come early tomorrow !!!
As a previous massive holder (for me) £27k now down to £4k selling as the price as dropped I think we need to take stock of where we are here.
Undoubtedly the appearance of vaccines, with probably more to come , plus the tweaking of the current ones has had and will continue to have a detrimental effect on the SP. No one is saying that testing will not be needed in the future unfortunately not as much. Two months ago everybody thought a vaccine wouldn`t be here until next summer at the earliest well its arrived 6 months earlier than thought.
Two months ago I believed (probably like most on here) that testing would be the way out not vaccine as that was to far in the future. Now the position has most definately reversed and this is reflected in the rapidly spiralling downward SP.
Peeps on here might berate this message with their test, test and test mantra but now its 90% about the vaccine. That unfortunately drives the SP whether we like it or not.
The other thing that`s changed massively is sentiment in that in April/May when I got into this the board was massively positive with £3, 5 etc by next month, that was the time for those type of rises as covid testing was the darling of AIM.
I`m afraid ODX has missed the boat here for a number of reasons sentiment, timing, approvals, being in bed with the govt (which was assumed then to be a good thing), gold standard test alone should double the price etc have effected the SP in a very disappointing way. Should be £1.50 now but whatever way you look at it it isn`t and is unlikely to be anytime soon.
We`ve been waiting six months now for some decent news from the the "there`s loads of interest" comment from Guy. There obviously isn`t or we`ve have heard by now. there`ll be another spike with this so get ready but the company is run as a leisure outfit for the directors. If your invested heavily in this then get out as soon as opportune.
A few observations AIM is very much driven by sentiment hence 180% rises in a a day then a 50%+ fall back. I hope that masks are not needed in the long term but in the short term they will be. I not really bothered about that either. The 100+ posts here every day about masks this and masks that are pretty irrelevant.
What is vitally important is that the company receives orders and RNS`s them, which I believe they will . Then the price will rise and we will see some enormous daily gains as this is that type of share as proven by its previous Sp rises.
What us lot will have to decide is when to sell and overcome the greed in all of us. At 2.8 do you sell at 5,7, 10 top slice or whatever. Of course now I`d settle for 5.5 but when it gets there I`ll be thinking what about 8 -10p. Food for thought for us all !
Most of my shares are down today obviously including this. Yesterday we started up 40% and then we had vaccine news which always spooks covid related shares and then that sell by a non exec director today.
I`ve bought in at 1.6, 1.9 and 5.1 and top sliced some but my 19k the other day has gone to 12k having said that I only put in total 7k. So still up. For those who bought on the spike you never know whats going to happen with this share. Tomorrow could be another 100% day !! Don`t sell if you bought on the spike this will move up again might take it two weeks at most.
I`ve just read this years RNS`s and the BOD seem to be going the right way. There`s undoubtedly a load of debt but they seem to be trying to sort that out in a logical way (for AIM anyway with the inevitable placing) but are trying to structure the rest of it as well. Two things why I will bung a couple of grand at this next week. The share price will drift to the placing price but then should be ready to move up on contract gains that they are moving forward with. Hopefully this is now near the bottom now and some good news should shift it up. Another worry is that the placing is just for general use. i.e could be used for paying BOD school fees. But as Jim Bowen said (youngsters look up ITV Bullseye) "thats the gamble!"
I'd know we'd all like £2,£5 etc as a sale price and I'm conscious that this question will be how long is a piece of string but what has been anyone's experience with other sales. Has the sale price been double,treble etc?
Also a lot of dreamers on this board
I`ve bought back in here, not on any confidence in the company because I think they are awful with their comms. I`ve bought back in on a rising SP and with any gains every day I sell the profits. I know there`s loads of investors here with substantial sums in so just be careful. Lets hope there`s more gains tomorrow but until there`s any actual news this is to be treated with the utmost caution ! What ever your situation is GLA.
like symbo said, been here since June but the sp never ever reacts to news. Here we are today with an important piece of news and down ? Design freeze down and a number of other examples. I`ve had a massive holding for me in this but as more and more news comes out and the SP doesn`t react I`ve sold small bits slowly. the list of goodies is slowly being ticked off but the most important stat the SP remains depressed. There will be replies here that we`ve got this and that to come which we have but holding this has been pretty underwhelming.
Waiting for the next approval seems a seminal moment but I`ve got a feeling it will be like the design freeze.
If anyone can ask a question ? When will all this be RNS`ed can we expect several between now and Christmas ?
Glad we`re all a little more upbeat now. Problem is particularly with this share is that MM`s continually manipulate it because they make lots of money doing that. Now that we`ve had a proper update things orders etc will start moving. We just need that approval. I`m probably 7 grand down today but I`ve tried to buy and sell this before and lost more so stick in here and see these things come to fruition. Macca stop shorting and start going long you can join in with us then and come to the " we`re all millionaires thanks to ODX Christmas booze up" Date and time to be arranged but probably on zoom !!
I agree with whats been said here I think this will be back pretty soon .
Good example here of when you should slice out some of your profit. There`s I believe a massive sense of greed in all of us here looking for good profits and hoping once a year (or a month!) to catch a pot of gold. Look at yesterday 150% er and this mornings nearly 5p. I was up £12.5k yesterday and sold most as it was coming down from 4.7 this morning and made in total £7.5k. Doesn`t make me Billy Big Spuds but I`m glad I walked away with a substantial amount and still have £2.5 k in when more good news comes along.
That may sound sensible but was done on Valirx bought at 25p went up to 75p then on good news RNS back to 25p. Lost all my profit. What I`m saying is that when your AIM share is going up its a bit like being on the fruit machine when the wins are going up and up, its often too good to be true like here. I`ve tried to be disciplined most of the time and take at least some profits as I couldn`t stand gaining x5 and then losing the lot.
Just some food for thought about different ways to mange a rising share when you get one.
It doesn`t matter anyway because you can`t trade now anyway. Try phoning a broker tomorrow at 7.50 am tomorrow and ask to buy at 1.70. I know what the answer will be .
went from 148% one minute at about 5 to 88% a minute later. My balance is £3k lighter. Never seen this before, what is going on ? Even having said that i fully expect to keep rolling on tomorrow
Barclays 1.65 as well why has it dropped so much after trading finished ?