REMINDER: Our user survey closes on Friday, please submit your responses here.
The queen of adversity. A Phoenix raising from the ashes in her autumnal years with such fortitude. A sheer pleasure over so many years. Please bear with me and share a kind thought for such a beautiful lady. Thank you 🙏
Skier1, you are setting yourself to be hammered. Your optics are completely skewed. Are you a farmer to describe so well all that leisurely free time?
Over many decades, I had the opportunity to observe farmers and growers and I do not recognise your description of the trades. May be you are the one who had too much sun while sunbathing.
🐸
Formerlyeasyp, good HUR synopsis, although I came a bit late in the game compared to some, after the "over promising" bit. I am still holding and keep talking everyday with the omnipotent - will he/she look over us on 7 June?
GLA🐸
Trek, indeed the cac is down, I took the opportunity to add to ACA with today's COFA div. ACA XD is on 30 May. Both with v. good yields and there are only 2 days between XD and settlement.
broomtree, last day to add here before XD, if you can and/or want, at still a decent SP.
I have done my shopping here last week but took advantage of a dip this morning to add to ZPHR.
GLA 🐸
As everyone is clamouring for wages increase it is hardly surprising. Grocers increased wages to retain work force and growers have to face their own financial challenges - cheap labour from the EU no longer available compounded by energy increases as well as for raw materials etc. And of course, those exploiting the situation by increasing prices without valid reasons contribute to the malaise. In that respect, grocers want to give the impression that they are on the client side, when, in fact, their main concern is to preserve their margins.
As the inflation is going to go down, are we going to see the same people clamouring for wages decrease? That would help! ;-) 🐸
JakeK, “I believe Prax will have to keep their promises or be shunned by the City”
I am not so sure about that. There is quite a bit of controversy over PRAX and their finances. I do not think that they would be that concerned about the City if they were to pull a rabbit out of the hat, i.e. by finding ways to avoid to settle the DCUs. They might be perceived as being very shrewd and be lauded by the financial establishment, and with envy too.
GLA 🐸
Hi all,
Just added (09:54)100K shares. SP too good to miss.
🐸
It will still be some 35K gain 😊
🤍 from your militant wee 🐸
Old man and ASI,
I own a small private Ltd company and my compliance to the Company Act is vastly different than one like HUR, as an example.
I used to have a country house in Suffolk in the 90’s surrounded by large and small agricultural holdings, all held through private Ltd Cos, mainly for taxes incentives; fixed lower rate than income tax (business rate), depreciation and wider expenses allowances, different treatment of capital gain (same as business rate) etc
Of course, financial statements have to be filled on time, as well as confirmation statement, a register of shareholder(s) and charge(s), if any, have to be kept at a registered address, but that is it. If applicable, VAT would have to be administered and settled, as well as payroll, PAYE and NIC.
However, it is completely different for some sole-traders, self-employed etc whose dealings with HMRC are through self-assessment.
🐸
Prior to last XD, SP was hovering at around 102/104p, only to fall sharply very soon after 10 March or so. Obviously, if one wants to build a larger position, as I do, the same pattern will be much welcome. Once size of holding is at desired level, fluctuations in SP are less relevant, unless one wishes to sell of course. My average is 95p and if I could keep it that way while accumulating to 2/3 times my current holding, I would be very pleased indeed. So, if you are bored with DEC, please do not hesitate to sell after tomorrow. Rest assured your shares will not go to waste, well to some extent. ;-)
However, I feel that we have seen already the bottom.
🐸
Broomtree,
Could it go to 12.5p?
That would solve my dilemma!
🤍 from your militant wee 🐸
Broomtree, ' like your ‘ablutions’ comment'
Who, Napoléon?
😊
🤍 from your militant wee 🐸
Considering the 15% WHT, does it make sense to keep this stock in an ISA and would it not be better to keep instead passive income with no WHT from elsewhere?
My reasoning being that as a 15% tax is already taken by the IRS, HMRC would only take the difference, i.e. at 8.75% - nil, at 33.75% - 18.75% and at 39.35% - 24.35%
My assumption is based on being over the allowance. Thanks for comments.
🐸
Bromtree,
tutt, tutt! Not very nice, is it not? One could say the same thing about you, but since I do not know you, I am not reciprocating. I reserve my speculations to share dealings.
Regardless, the cap does not fit. I am too tall, too old, too naïve and too stupid, just surrounded by the grace of the omnipotent.
🤍 from your militant wee 🐸
ASI, old chap
You still compare apples with oranges.
With regard to tax credit, we are saying more or less the same thing.
By sheer laziness and/or succumbing to the demands of CA, the BOD never considered utilising the capital sitting in the bank to make it work for the benefit of all, and in the pursuit of such endeavour benefiting from the substantial tax credit when revenues would materialise.
I simply do not understand that CA, in their quest to monetize their holding could not see the potential benefit towards improving the SP and consequently their own fund (the whole thing is highly suspicious).
Prospects of future gains would improve SP before they materialise. It is called speculation and this is the foundation of socks trading. There is always an expectation of something or another and disappointments that will dictate the way the SP will go – a form of gambling in fact. Very seldom SPs reflect a company NAV, they are either undersold or inflated.
Which brings me to your 2021 comments. The oil price certainly helped HUR to be what it is now, a company with a lot of capital, debt free and still producing assets.
It is in that context, that, in my view, agreeing to the scheme is sadly short-sighted.
We all go round with our POWs and it might be academic very soon anyhow.
The only constant leitmotif is that, as in 2021, someone is very eager to grab HUR, and that someone will very likely get it for nothing + 230M tax credit.
🐸
Boomtree,
You lost me somewhere. Your conceptual notion of “idea” (I know, notion=idea) could not simply apply to me as my posts do not deny free will.
As for “miserably”, it is all “in my view”. I could just as well have said “in my view, sadly short-sighted”, which, in my view, is still the case.
Do you not think that you are as forceful in some of your posts, if not more so, and with quite a badly coloured vocabulary at times?
As for “positively contributing”, it is more a pre-emptive stance than a dictate. After all, why would you want to contribute in helping towards something you fundamentally disagree with? If it pleases you, you are welcome to contribute.
HUR is too toxic and polarizing a subject. As you have written to another poster somewhere else, we just have to agree to disagree.
Did my ditty resonate with you? Before you start objecting, I am being mischievous here.
🤍 from your militant wee 🐸
Broomtree, you stated “allow others to do likewise free from repeated crass comments?”
Disagreeing is not disallowing others to do what they see fit - surely this is a simple enough concept, although that in this instance, “in my view”, having agreed to the scheme is short-sighted.
I repeat “in my view… They will be right and I wrong, or the converse. Only time will tell”
------------------------------
With regard to the other matter, unless you wish to contribute positively, I would have thought it should be none of your concern. Meanwhile, you should perhaps practice what you preach, i.e., refraining “from repeated crass comments”, to paraphrase you
🤍 from your militant wee 🐸