Member Info for Mafuta

I have just driven through town to do some off peak food shopping with the Mrs ... Bars and restaurants packed with punters no PPE or distancing ... It's live covid doesn't exist ... A recipe for disaster IMO ... guess we'll see the results this winter ... Oh dear when will we learn

https://news.sky.com/story/covid-19-new-deadlier-coronavirus-variant-a-realistic-possibility-sage-warns-12368798

And as Danny says ... These are no angels ... pharmaceutical companies are like rapacious wolves once they spot take over "prey"

The take over code is very informative so good to read ... Just remember a lot of negotiations can go on behind the scenes and the BOD do not have to tell us anything unless they get a formal offer ... I think an interesting phrase was used in the latest RNS that would cover possible "conversations" regarding offers etc. ... However if there is a bidding war or counter offers made that is usually declared once the first offer is publicised.

Unite .... a friendly bit of advice ... if you want a fast buck .... try the gee gees

I forgot to mention that under the bed and ISA rules, the 30 day rule means that the sale and repurchase of shares during this period count as the same asset and therefore do not qualify for CGT ... but note ... I am not qualified to advise ... go to a professional if you need tax advice.

ICL that is bed and breakfast deals ... I think you will find that bed and ISA deals are different .... but to get qualified advice .... go to a registered tax adviser ... tax issues are a minefield

Basser ... At the risk of perpetuating a thread that has already been answered ... The following link is informative .. particularly the bit on IHT ... something some of us older ones may need to think about ... However I will spend most of mine on cigarettes and whisky and wild wild women ... The rest I will squander ... https://aim-watch.com/project/aim-tax-benefits/

brizzle ... I think it's a matter of twice bitten ... SAR was let down by an unnamed Chinese pharmaceutical company and Sierra is dragging it's feet (I surmise so they don't eclipse their Momelotinib baby ... which is IMO inferior) ... So going it alone is a real possibility ... I guess we will find out in the fullness of time ... Mafuta

Ahfam ... Why bother you would only get a pantomime response

SOG .. I have wondered if SAR have decided to go it alone myself ... perhaps they have had offers from the big pharmas in the past but didn't like the thought that their compounds may be put away in a box much the same 737 has ... It's good not to forget that there is huge money wrapped up in Pharmaceutical companies and we have seen some big fines handed out to companies involved in price rigging and other shenanigans lately ... Perhaps that's why the HNWI have been brought on board ... and my suspicion is that we will see yet others soon.

Hot black ... Yes! ... But there's also an exemption if you have held for more than 2 years ... I think the short of it is ... get your SAR shares in an ISA (or multiple ones) or a SIPP (but that also has tax issues) ... and if you have enough to worry about GET PROFESSIONAL ADVICE. And do it NOW ... unless you happy to give the government a slice of your profit.

Hot black ... Basser is partly right there are certain AIM companies that are CGT exempt but they have to fit certain criteria ... which I cannot remember ... However one thing is certain ... If you have enough to worry about GET PROFESSIONAL ADVICE ... Did I say that loud enough?

Basser it's only certain AIM shares not all and don't know if SAR fits the definition... and I agree, if you have enough to be concerned about you need the advice of a professional.

SOG ... I think the major pharmaceutical companies will be less than delighted ... for example in the case of Pfizer, the vaccine brought in $3.5 billion in revenue in the first three months of this year, nearly a quarter of its total revenue, the vaccine was Pfizer’s biggest source of revenue ... The company has not disclosed the profits it will derive from the vaccine, but it predicted that its profit margins on the vaccine would be in the high 20% range ... That translates into roughly $900 million in pretax vaccine profits in the first quarter.

Methinks we may get a buy out to keep us out of the market to protect profits.

There is a £20k PA limit for each ISA

AND you will be liable for any CGT on any gains made in your trading account above the threshold thus far ... If it's substantial bad luck and remember you can only move £20k to an ISA this tax year. If you have a partner consider opening an ISA for them too. I wouldn't leave it too late if I were you.

https://www.portugalresident.com/portugals-children-are-suddenly-becoming-ill-all-at-once/

These words in particular:

Notice of Allowance for a patent in respect of an invention associated with Sareum's proprietary SDC-1802 TYK2/JAK1 Kinase Inhibitor Programme (ASSOCIATED WITH)

The patent will protect the SDC-1802 molecule and pharmaceutical preparations thereof as a therapeutic to treat cancer (PREPARATIONS)

These patents are important to enhancing the value of the programme as part of our discussions with potential partners." (POTENTIAL PARTNERS)

Thoth the silence is deafening ... I really get the sense that something really big is happening behind the scenes ... there was a very subtle hint in today's RNS ... I'm glad I'm not out of this this weekend ... Regards Mafuta