Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
£8.......£16.......£32........£64. These shares can only increase in value. Buy now. Believe in Haha - he knows all about the company.
More good news today as the shares continue their unbroken rise. Thank goodness we all listened to expert share tipster haha. He knows so much about the company, it's almost as if he works for them. These shares are a strong buy - I can sell you some if you like.
The bad news is that it's a very long pipe. Haha will keep our spirits up while we wait. PS I still have shares to sell.
It's at 42p already. This is a fantastic stock that nobody has ever lost money holding. Buy as much as you can. PS I happen to have some to sell if anybody's interested - like my friend haha
"There was a surprisingly low sell off of these shares prior to April 5th.......which seemed to confound the prediction of 'Dyehard'. of a massive sell off. I am supremely confident that he will live to eat his words......and that MY judgement will prove the more superior!" Gory details here http://www.huntsworth.com/~/media/Files/H/Huntsworth-PLC/pdf/latest-announcements/2015/Prelim%20Results%20Year%20Ended%2031%20Dec%202014.pdf
The purpose of these ideas is to realise a gain or loss on shares by selling, but retaining ownership where you wish so to do. The object is to raise the base cost of the shares by utilising the annual exemption in order to mitigate the CGT on ultimate disposal, or possibly to create a loss to set off against other realised gains in year. This process used to be called bed & breakfast prior to the change in the law in 1998. Bed & breakfasting was used to sell a share and repurchase it the next day, with only a small risk of the market going against you. The 30-day rule ended this practice. Now, over 30 days has to elapse between the sale and purchase in order to have the desired effect. Otherwise, you're treated as though you never sold them. Selling shares and buying them back 30 days later is less desirable since the shares could move significantly against you while you're waiting. Not surprisingly, new techniques have evolved to get around the rules. The most obvious is to make use of that most useful taxation tool -- the spouse. You own the shares solely, sell them in the market (creating the gain), your spouse simultaneously repurchases in the market to avoid price movement and later transfers the shares back to you (if that's desirable), which can be done in effect at the repurchase price remember. Thus neither of you make a gain or loss plus you wind up still owning the shares as before. It could be done with an unmarried partner or any other person but with a slight additional problem. After the simultaneous repurchase in the market, the person, upon transferring back to the original holder, has to do so at market value because of the gifts rule. No problem if the market price is the roughly the same, but if it has moved substantially, then our second person will create a gain or loss on themselves upon transferring back to the original holder.
"It would only be fairly significant if it was a director......." Or a former director. There will be plenty of shares available in the next three weeks as people sell before the end of the tax year. This share is highly rated if you need to generate tax losses.
Guess who.
Close to 12 month low. Launch the lifeboats.