Member Info for gwm121

Sorry if ive missd an rns, is there any guidance to increase divi to reasonable amount, iis shown as .3p here

Diver, isnt there a maximum of 20k ino an isa per year? Can I shift from dealing to iisa ?

The 2024 20k allowance will be used on shares as rolls royce glaxo aviva l and g all low risk.

I see caspian as high risk but with a couple of successful outcomes deep or shallow between 12 and 70p in time.

I am confused about this divi talked about. Is it a one off capital return special div or start of dividend stream please, can you point me to the rns, thanku.

The divi some of you speak of, are you saying that is the start of a permanent dividend or a one of special div.

If its a one of special I hope casp clearly state that it is a capital return special divi,

Otherwise those with casp in a dealing account will lose ££££s in tax.

Riskin it

Thx for heads up on aei I will reseaearch.

Strange year, overall successful.

My picks have averagely beaten cty and global income and growth, but not in the way I expected. Huge blue chip vod managed to lose 30 percent yielding 11%, div Caspian oil started today 36 pc up, Rolls Royce supposedly stable one doubled, Oxford bio with its new 98pc effective psa test down 40p to 12p. Insurers with their 8pc divi gently rising. Glaxo rising. Uraniuum etf only couple percent higher than when I bought mid 23, thats big surprise.

I would rather a couple of funds that choose the shares and provide a div as cty though.

It will get even more difficult when pension has to be converted to annuity or drawdown, why give insurers vod glaxo etc yielding around 6pc to annuity. provider.... Is cty safer ???? ... haha discuss only not advice.

Prior to that in the interest of diversity maybe be picking up divi producing gold silver copper nickel iron ore miners.

Are we still hoping for 70p best case within 2 yrs,

Im finding it hard to understand the recent posts, please think of newbies joining the train ride and write clearly, thankyou.

I thought caspian had decided to nuse the boat themselves and give up attempting to lease to other companies, is that wrong.?

nb If a special div was declared if they taylor it as dividend you will pay top up to top rate tax, if taylored for capital return much less. If its not clear you will have to go to tribunal with hmrc.

Dogberry, I am not understanding why when uranium was 80 half a year ago, now 106, why urnp has fallen.

Unilever or diaggio... ??? Diaggio has had lower lows higher highs for 2 years, last couple weeks looked as though may have bottomed but then down again. Any reason why it should turn round right now ???? Maybe unilever is better.!

Haleon hav a policy of rising divi. Anyone know what gsk policy is, and ifit seems to be gently rising since the split, and likely to rise in future.. opinion only of course.

Theo

A well negotiated rto will convert the cash intomuch higher value if all goes right, The shareholders will take the risk. At the start of trading you can sell if you want. Its probably a very good idea of age to form a group in case the boards interest is not aligned with shareholders in the deal. Before a decision we need the detail.

With cash return you may lose up to 40pc in tax on your CAPITAL LOSS depending what words they use for the capital return and be unable to reclaim losses by setting against and have to negotiate the detail with hmrc.

Age.. Nice podcast, Ill subscribe to it, Thankyou.

In process of getting quotes for annuity, considering you lose your capital the rates aren't good. I am told they buy 15 yr guilts to fund an annuity. I wonder how risky drawdown would be ..I am well aware how you can lose not gain on even huge divi shares... vod 230 to 80. Woodford. etc.

Age.. its possible that if amc see this thread they might take greater care with shareholders interests in order that rto doesn't get voted down. A good rto would be much better than "special div capital return"

nb I moved my nickel etf profit into urnp uranium etf in the summer, As there is a known shortfall. So far only 10pc up, are u in uranioum? Any thoughts? There has just been a new uranium miners etf created.

Anyone in oxford bio? A group of scientists created a non intrusive psa addon test.. told the market they done a trial 98pc accurate... 6 months later results show they sold very few. mmm amazing story and a board hugely experienced in their field and not capable of finance deals sales, jobs to familly,... sound familiar ?????

Anyone care to give a quick resume of differences between urnp urnj and possible performance differences.

very surprised urnp has dropped almost 2000 to 1800

Still looking for multiples of this price.

Im with interactive investor, trying to find out if they trade this.

Agnes Please respond to this thro away email and I will send you my em.

My throaway em gwm133@hotmail.com

Folks, agness will put a lot of work into the treatment of special div capital return. when he gets a ruling we can all benefit from this. He has asked for emails for a group for this and forthcoming amc antics.

My view on return capital or rto is that if negotiated on good terms the rto is better as shares can be sold including the new higher value than cash. The problem will be, is amc board interests aligned with shareholders interests.

If a special dividend is given to return cash this take time.......... !&! and amc may not be clear on the tax treatment.

Agness

Would it hinder or help your case for anyone else interested to use the same wording as yourself ?

Can some peeps using different wording get a different result?

if you go to all this trouble and get capital return result, does that apply to all others or is each case assessed separately? If so it seems unfair its the first applicant who has does all the work and others don't have to.

IS THERE ANYTHING THAT OTHER AMC HOLDERS CAN DO WHICH WOULD HELP YOU.

For the time involved is it worth sending email or letters with the document you are suggesting asking amc to confirm its capital repayment.

nb after your previous musings on this I was going to put it it the tax form under capital loss uk share.

Agness

So will we each go to a tribunal individually with an accountant advisor tax expert? £££££££s

Would seem strange that for most long term holders with an average of say 10p, recouping 1.8pfrom the assetts sale, and say 2p from the eventual sale of the residue, should pay tax on the LOSS incurred...... (buy 10p sell 4p)

I really don't want the worry in the background of any uncertainty here. If the rto isnt voted through and cash returned, depending what they call it you might be paying top rate tax on all your amc loss!!!!!!

It would save enormous heartache money and worry for ry to rns that this was capital return.

Is it worth a number of lth all sending an email same wording to amc and brokers politely /desperately / requesting this?

Do you know what the best emails are currently?

Agness

Have you lost money on amc?

If the special div was dividend not capital return when you eventually sell all amc you will have paid tax on a LOSS, (as part of this loss was special divi !!)

There was one knowledgeable poster who replied to me on this, ive got copies in my tax files somewhere, who said it was most definitely capital return, referring to different bank accounts et all, (far above my knowledge) Ill dig them out and post them if you wish.

IF an enquiry is raised the issue will be the large cost of a s[ecialist tax advisor accountant to discussit with the revenue, and the worry of a possible investigation over years to come. By then amc will be gone, presumably ii will close the board, and we will all have to get our tax advisors individually.

All this could have been avoided if amc had called it capital return not special dividend. (after advice)

However good amc investment is I will sell in this tax year if I am able so at least the whole amount returned is in one tax year.

I met RY on many occasions and invested on his personality and amazing drill results. It was confusing he never bought large amounts of shares with his own money. it was then disappointing to watch bad business decisions coupled with no news/delayed news, and his continued drawing of (HIGH) salary when the exploration stopped.

There are no fee no win companies after compensation re Woodford and Eros Media. I hope they don't see an opportunity here.

All, the question is, over time are the top funds (historically) nlikely to outperform a retail investor holding say 10 of the usual shares. fund types im thinking of examples like polar cty jp morgon growth income.

My 2usual" 10 shares r royce vod lgen aviva tesco etc have performed better than funds....

As said, i would much rather 3 funds to buy and forget !

And with a pension to drawdown shortly, even more important,

How does a retail investor enter a short.

(not thinking of here i am expecting 100 plus plus in time)

Bamps

how does that effect us.. ggp.....

Surely a managed fund especially in tech sector should do better than retail investors with 10 or so stocks????

This was 900 3 yrs ago....

A very standard researched set of 10 stocks by an average investor...ie aviva lgen glaxo r royce i uranium tesco e mostly high div or well known blue chip have performed way better than polar or cts, funds with top managers....

How come??????

i so want to convert a pension pot to drawdown not an annuity, and would rather used managed funds.