Member Info for MaryBr190

https://www.law360.com/articles/1425334/breaking-petrofac-fined-95m-for-middle-east-bribery-scheme

https://www.youtube.com/watch?v=vjD3EVC1-zU

reporters leaking sentence?

That is so true, but I have all I want at the current prices, a few low ball add orders set should the price check when the shorters try for a last hurrah.

If no drop after fine then this is going to rocket for sure.

DYOR

Careful Paddy, we all think we know where this is going but the fat lady has to sing yet.
GL.

What time is the sentence likely to be announced?

You scoundrel, old news.

This has been done to death.

Worse case scenario and more likely much lower.

hopefully a £2+ close

Will be great to see confirmation of contract being awards to PFC assuming that happens.

GLA today whatever your decision.

Remember if in doubt doing nothing is also an option.

or it could hit £3+ by Christmas.

Who knows?

IMO Better to have some skin in the game just for the ride.

DYOR

Homeless shorters is that?

if it starts with a 7 rather than am 8 I will buy back my part sales. Otherwise let's see a sift over £1 again on results.

As a new poster it always pays to be respectful and not rile others who do not share your opinion. Sometimes excitement in a good trade can disappear and be replaced with disappointment overnight.

Plenty of reasons for IAG
to rally
to fall
to tread water as this makes a market.

Few shares travel in one direction without a setback.

That said, welcome to the board.

Monday should be an interesting board here for sure.

Phew lol.

I did sneak a look at the stocks he/she comments on and I do not think there is much to worry about with capital gains unless he is a shorter.

I remember him on LOOP.

I was feeling frivolous one day and did a loop trades in LOOP and INDV the day they fell big.
Dumped LOOP same day, kept INDV.
Traded LOOP in at 78 out at 85/86p same day
- 1st Dec 2020
now LOOP is at 27p.

directed at me or Hereshopin lol. I am so sensitive NOT.

ROFL
"It doesn't work that wa for taxation purposes"

Here is some basic reading for you. Use the ISA wrapper and save yourself much heartache.

PAY ATTENTION TO THE LAST LINE. Think that covers tax free gains, tax on dividends etc etc.

Perhaps you will not believe the HMRC either :

https://www.gov.uk/individual-savings-accounts/how-isas-work

You do not pay tax on:

interest on cash in an ISA
income or capital gains from investments in an ISA

If you complete a tax return, you do not need to declare any ISA interest, income or capital gains on it.

The voice of reason Y - put very succinctly.
Regards M.

HeresHopin
More derogatory comments. I do not do spats nor attention seeking or trolling. I will leave that to others.

I had hoped the simple illustration posted would have made sense to you. Many others seem to be able to grasp it.

Anyone who takes any anonymous poster seriously is a FOOL. I just try to be contructive and helpful not looking for popularity.

Sometime I wonder if you do not have the nous to use an ISA efficiently - but no even you should understand that.

S104 tax pooling, avoid it as much as possible by trading within an ISA. Surely you can see that is the way to go unless your are concerned about IHT.

Last post on this subject so feel free to troll. It is not me.

Mx

HeresHopin

As an FCA there are many types of average can be used. You use average PURCHASE cost. I use average NET cost.

After all, with my PFC (tax free ISA - no stamp) investment I look at the cash flow - (typical FCA I know).

Ultimately I aim to end up and trending towards a holding at Zero or sub Zero.

============ A simple illustration just created for you=========================
Hereshoping invests £10000 in share A in a tax free ISA. The share price doubles to £20000 in value. eg 10000 shares at £1 in XYZ company.

Hereshoping sells enough shares to return the original £10000 safely to HH bank.

Cash flow effect £NIL
Tax liability £NIL
Remaining shareholding in XYZ Co - just shy of 5000 shares

All my monies back in the bank. You can argue how to account for your profit, that is a technicality

The net effect of my transactions is that there is NOW a shareholding where there was not before, which may create income through dividends and also can be sold at any point for cash unless the company folds. The NET effect of the transactions is £NIL in terms of cash.

Really that simple and not worth a strop.

I do not recommend other follow my method, as I frequently mention.

But please using terms like deluded and don't talk nonsense as it is only your opinion and is unnecessary.

I will leave it at that.
Chilling here, I suggest you do the same.

Mx