Member Info for fromage

Mine has arrived (less 20%) this morning.

I think maybe we are being more than slightly optimistic here. P/E of 12 seems very fanciful when there are large profitable established miners with a P/E of 5 or 6. A recession will soon start the sale price dropping. Another factor is that 57 million other investors disagree, as they are not buying, and who is to say they are wrong? I am heavily in, but maybe my glasses are less tinted.

I just paid 79.895 - that's 80p

If you are a pensioner who lives on his share investments, and a ben-believer, what is the maximum percentage of your total holding would you put in one company?

Made me sell up Shell to top up before it is too late. Don't tell my wife.

Excellent news, 3 trains this month, great prospects for the rest of the year or ten. "Do the sums" he says. But that is too frightening.

And I missed it all, playing bridge. Down to 60, up to 80, and I didn't know. Getting serious when I chap can't even have a half day off :(

Yes, it would be nice if the dividend was 100 times bigger!
The RNS said " in Sterling is 128.344 pence per share" as they fixed the exchange rate.
Apologies if I raised anyone's hopes!

Yes there is a degree of hopium, but I can live with profit taking by traders. I have not sold any, but am more of a "come back and look at it next year" investor. I bought thinking it was a good prospect, and still do. If I am wrong, my pension years will be leaner, but I think not.

According to the RNS the dividend (final+special) is £128.344 per share.
I have received a payment of exactly that. Therefore I deduce there is no withholding tax, and I would not expect any as this is a GB company.

As it is owned by the state, of course they can easily buy the whole of TGA, but I have no concerns on that.

I bought some at 501p. If anyone wants advice on timing, let me know.

Good luck, but latest from AJB is that while all they need to do is confirm the number of shares claimable, they have no accounting ability to do that as they cannot be sure that all clients are eligible. For USA and Canada they can do this because individuals fill out forms (eg W8BEN) so the system can total them. Presumably too much effort to manually add the holdings of those people like me have raised the issue, but I can hope !

I appreciate the explanations, but it doesn't give me the confidence that I want to put my money back in. I have had AV. for 7 years and while it has trundled on and maybe returned a little value over that time, I would rather better returns elsewhere, accepting some risk rather than falling asleep at the wheel here. I will not return.

How many times will they let me keep rebuying and reselling the same shares?

No thanks. I mean, I'd love to, as I'm getting worried, suffering from vertigo, but where else looks as good?

Well, I don't like this shady process, so I have pulled out completely.

Topped up again this morning, seems strange to be doing it at these prices. Exited Aviva, don't like their shenanigans, and put yet another egg in the same Ben basket.

Update on situation with AJBell

Having raised this with our tax management team, I can confirm that unfortunately we do not offer a withholding tax reclaim service. As your shares are held under AJ Bell's name the ability to individually reclaim the tax is not possible. To proceed we would have to open a
separate designation for yourself then enter negotiations with the South African tax authority and reclaim the sum that way. As we are a low cost broker the service mentioned above would be extremely costly and ultimately the fee would have to be passed on and reflected
in us raising our charges across the board (Dealing/Custody/Foreign Exchange.)

We do have negotiated treaties with the US and Canadian authorities as our platform users trade in these markets heavily. Unfortunately, the demand for South African stocks does not parallel with the increase in charges this service would cause.

In order for you to receive a Treaty rate we would require our account structure to be changed which is not something we believe would benefit the majority of our customers at this time, however we are looking to improve this service in the future.

I'm holding, and taking the hit on extortionate dividend tax. Not worth ducking out and back,