Member Info for dadean

Caml is a great company, coincidentally they just announced their transformational transaction this morning. A big one. Hopefully the right one for us will be announced soon.

Odly volumes were not much more than average

Im personally interested in the date paid rather than whether we will be paid, already texas ones sold, but agreed its not an if but a when, and hopefully viewers in this board can be happy in that fact and not need to worry if its an if!

How long till we hear on the itcs I wonder, likely partly priced in now, nice recovery past month but still way under priced

Enquest down on this news,

Quite possibly another extension, time will tell!

Hard to believe 30pc return in around a week for those who bought at 44p. Sadly had all mine at that point. 70p def on the cards shortly specially if california itc announced

Fantastic news, lets see how the share price reacts when the market opens

What a roller coaster, ftse 100, ig spread bet up 6%, post close, let's see where we open tomorrow!

Back to volatile markets, after few calmish years, 11% off jeez, we don't hold that 150 level for very long each time we reach it

Viewed the presentation, think there was a comment of close to 250m of shareholders returns and over 500m paid in tax over a certain period, that shows you how the gov profits from oil. Thank goodness I have some subsidised renewables in my chosen holdings, get some of my confiscated oil profits back.....

All the best with your position Sparky, yip follow what you say with btl, don't have any but can see the value and sense in it, int rates quite high which puts me of at the moment, pity I can't leverage up reits!

Deadline could well be extended, not the same i realise, but a company i own recently bought another listed co. Deadline was extended repeatedly, then eventually deal went through. surely for a deal of this size and complexity it could easily need more time to negotiate

The business model of wh Smith, remaining part, is a horrible business, rips its captive customers off. You have to be brave to shop at an airport smiths

This merger that may happen, although touted as Sericas doing? Does it feel to others that it's more at Enquests doing and serica are willing partners? Almost feeling more of a enquest deal than serica.. Maybe that point is irrelevant, as merger beneficial to both....

Buying back stock however is like buying their own assets at 50% discount, great move if they can find any cash to do so. I have in the meantime been doing it for them....

Was thinking on this Dumbly, what EV tells you is which one is more expensive, higher valued rather than which one is most fairly valued hence why sqz is the smaller on this method. As some suggest they're will be a valuation model behind the offer, which will take into account reserves, fixed assets, cash, tax loss assets, all liabilities etc.... Both cos bring a lot to the table

Thanks, however I'm hoping it won't be as straight cut as that ai, which will be wrong likely cane up with

In the context of a merger, the tax treatment of dividends and capital returns will depend on the specific circumstances and the structure of the transaction.

For example:

- If a company distributes cash to its shareholders as a dividend, it will be taxed as a dividend.

- If a company distributes cash to its shareholders as a return of capital, it may be taxed as a capital gain.

It's essential to consult with a tax professional or financial advisor to understand the specific tax implications of a merger or acquisition in the UK.

Can you imagine paying 35% tax on your div, wouldn't be right

Don't know if anyone discussed this but I take it the capital return won't need to be put on the tax return if returned as dividend,? As otherwise we'd pay tax on it. This cash return isn't profit rather capital in the main part. For many of us it won't be capital gain either... I don't want a taxable event if receiving a loss

Nice recovery here. All things being equal we should get back to the mid 70s to mid 80s quite soon