Member Info for Brentw1

Hi Tia. You can trade inside your ISA as much as you want without incurring any tax liabilities. You can also sell shares within the ISA and take the money out tax free. However, if you sell shares inside the ISA and take the money out, you cannot put it back in, unless you have unused allowance for that tax year.

I have shares in the same companies in and outside of my ISA. The ones outside would be liable for CGT if I exceed the limit but not the ones inside. Remember also that no tax is due unless you sell the shares. This means that you can think about the date you sell if you need to get transactions in different tax years. This is not professional advice btw.

Hi Weathergeek and I agree.

However, after a few chuckles you start to realise that huge numbers of people invest in these shares with no personal research, very little knowledge of how the markets work, what to watch out for and lack basic financial acumen. It's worrying how naive some people are and I seriously hope that they realise that all small cap stocks are fraught with danger.

A classic today has been all the mentions of AIM, MM's and the games they play. This is a SETS stock automatically traded on the main market and there are no MM's. It's pretty fundamental to understand something like that in my opinion.

I'm in most of the Covid stocks that have been mentioned on here today but I expect some of them to fail. For that reason I will not put all my eggs in one basket.

Anyway, I do not want to see people caught out, particularly if they are investing more than they can afford to lose. And remember, any leveraging (e.g. shorting shares or spread-betting) rapidly gets out of hand if you get it wrong. The websites supplying such services have to by law state what percentage of retail accounts lose money, usually a figure between 65 and 80%!).

Don't get me wrong, have fun by all means. I really enjoy the boards and seeing something like Syme take off. But keep it real folks. You invest in BP, Astrazenica and the National Grid, you take a punt on penny shares with no guarantees.........and you may get lucky occasionally :-)

Anybody who says that they can predict when or how much a dividend on a share like this is guessing. Impossible to say.

The same goes in my opinion for all the share price predictions, whether professional or amateur.

The only certainties in life are death and taxation!

Institutional Investors lend Syme money at say 4 to 6% and that money is secured by Syme customer stock
The customer buys back the stock as required, paying Syme a premium of 6 to 8%
Syme pockets the difference between the fee and the cost of the money.
Syme has a clever blockchain finance model to make it all work.

Very simple and apologies if too simple!

Thanks for that Freedom, forgot it had gone up.

I thoroughly enjoy posts from people like that as they seem to be too stupid to realise that you can simply see their posting record at the push of a button.

It's not even clever or subtle ramping or de-ramping (depending on which way he's leaning at the time). I also hope English is not his first language, I fear for our educational system if it is. :-)

Btw, capital gains tax allowance is £12,000 per year per person. You are also allowed to off-set losses (and in some circumstances these can be brought forward from a previous year. Some people will probably need to talk to a professional to find out what you can or can't do if it is not a simple situation. I run a spreadsheet as it can get complicated if you have numerous buys and sells of the same share. This is because you have to take an average value of the holding at the time of the sale to calculate the gain or loss.
I have a joint trading account with the other half (lets me play with two allowances) as well as the ISA's.

Don't think you can get away with it either. The brokers are required to flag up to HMRC any accounts which are obviously making big gains and you will then get cross-checked on your tax return or required to fill one out.

Apologies if I'm teaching anyone to suck eggs and it is not professional advice. People's tax circumstances can be very different and if in any doubt, talk to a financial advisor about your personal circumstances.

More rubbish about MM's when they don't even exist on this share...................there have been frequent posts pointing out that this is a SETS traded share.

Search for Karanja port on Google Earth (not google maps) and you can see series of pictures from the last ten years or so.

That will answer your question about whether this is a working port or not........................hope you like portacabins and weeds.

Morning Eric.

Everything on the stock market is a gamble an should be treated as such, especially if you don't have much that you can afford to lose. Personally, I only invest what I could afford to lose (it would be painful of course but I would not end up on the street!) and I don't like having more than 25% of the total portfolio in one share. That's just me and other people may take a different view.

A couple of things that I have learn't that you might want to consider.

1.There is a huge amount of complete tosh posted on bulletin boards.
2. Do not do anything as a result of advice on here, do your own research and use common sense.
3. On the other hand, look for the long term holders who have a passion for a share as they spend huge amounts of time posting research and helpful links that you can follow up, helping you to make a decision.
4. Don't listen to the cr@p that gets posted about Market Makers (MM's), code 1's and other assorted rubbish. There have been numerous posts on this board over the past two days about their supposed antics.............this is a SETS automatic trade share and there are no MM's!
5. Avoid using Stop Losses on small cap shares (whatever the trading format). Set a share price alert instead.
6. Don't press sell when making dummy trades! Someone on hear has just sympathised with another poster stating that we have all done it.............no, I haven't!

And finally, you asked about this share............well I'm keeping mine for the moment but it is common practice to sell a few off to get back the original investment and leave the rest for a free ride as they say. Most importantly however is that you make your own decision based on your circumstances and attitude to risk.

Dufry...........................you really should not be investing on the stock market if you even have to ask that question................

Just remember, if you get it right and you make thousands.....................it will take you three weeks to do the spreadsheet to work out your Capital Gains Tax liabiity!

A 'Fookin obvious market opportunity' ;-)

Yup, agree..................this is getting some great press and I suspect will be on many people's radar from Monday onwards. I don't think the herd has arrived en-masse yet.........................listen out for the sound of the thundering hooves!

Don't encourage him. He's not capable of stringing a decent sentence together if you look at his other posts.............just cuts and pastes rubbish................as for .20 at close today....................bring it on as I'll fill my boots again.

9.500789p

For goodness sake be accurate. We are talking molecules here! ;-)

It was quiet in the laboratory as the clock approached 3 am. Soft moonlight played through the windows as a soft gentle whining noise started to emanate from a cloth-covered object in the corner. Slowly the noise built until it was almost a high-pitched screaming and the cloth-covered object began to shake violently.

The lab-tech who had fallen asleep at his station opened his eyes with a start and rushed terrified from the room!

The noise and vibration slowly receded until all was quiet in the Hemo lab.

' I do enjoy scaring the cr@p out of them occasionally' said one mouse to another as they climbed out of the exercise wheel in their cage.

Have a happy weekend LTH's

I wonder if Zak Mir puts his own money where his mouth is? He can talk absolute rubbish at times but he spouts out so much of it that occasionally the law of averages gives him a winner.......................I hope he's got it right this time :-)

I was not talking about RNS's. I am talking about using a share price alert. I can set the trading system I use to advise me if a share hits a certain price (up or down) instead of using an automated stop loss point. Hope this helps.

Depending on which trading platform you are using, there should be a range of tools that you can use. If you can't find them, most brokers are pretty helpful in explaining what you can and can't do.

seethreeIPO.............if that was aimed at me, then you obviously didn't read it properly. It was a general piece of advice which is why I said on markets where they are involved.

Simmer down to a panic you muppet.