Member Info for Peoplepower1

Select64 - please share it. I'd like to read it. Thank you.

But still, those with unrealised capital gains might be advised to cash in and take a tax hit now, as any future CGT changes will be in one direction — up.

But still, those with unrealised capital gains might be advised to cash in and take a tax hit now, as any future CGT changes will be in one direction — up.

Capital gains tax, not covered by the triple lock, might also be adjusted to increase revenues, perhaps by tweaking specific concessions or reducing the gap between the lower CGT tax rates and the higher rates applied to income, which can be seen as unfair, especially when richer folk are the ones making most of the gains.

Capital gains tax, not covered by the triple lock, might also be adjusted to increase revenues, perhaps by tweaking specific concessions or reducing the gap between the lower CGT tax rates and the higher rates applied to income, which can be seen as unfair, especially when richer folk are the ones making most of the gains.

hayashi - yes, there's a price target of A$0.30cents for CAP-XX on Stockopedia. This works out at 21p. I assume Stockopedia get their price targets from analysts. If you have a subscription to Stockopedia you get access to all this. I pay £25 a month subscription to Stockopedia. I think it's well worth it.

MonkeyWizard - CAP-XX have nearly A$4m in cash. A$0.5m plus the A$3.1m received in January 2021 for the R& D Tax rebate. No placing needed. CAP-XX have plenty of cash.

World Markets are down. Nikkei went down more than 1200 points. This is affecting all shares, including CAP-XX.

World Markets are down, Nikkei went down more than 1200 points.

Boohoo doing excellent to be up albeit slightly.

Inferno - statement from Trading Update on 14 January 2021:-

"Commitment to publish UK tier one and tier two supplier list by end of March 2021, and global supplier list by the end of September 2021, which will both be updated every 6 months"

How you work out the gain under the ‘bed and breakfasting’ rule

If a disposal of shares is identified with shares acquired within the following 30 days, the gain or loss on disposal is the difference between the net disposal proceeds and the acquisition cost.

https://www.gov.uk/tax-sell-shares/same-company

Please read this link, Webba1

This is about Capital Gains Tax and not Stamp Duty Webba1

Thanks Select64, you can take it right back to when Boohoo first listed on 17 March 2014.

"boohoo, a leading online fashion retailer, is pleased to announce that it has agreed to acquire all of the e-commerce and digital assets and associated intellectual property rights, including customer data, related business information and inventory of the Burton, Dorothy Perkins and Wallis brands ("the Brands") from the joint administrators of Arcadia Group Limited (in administration) and its relevant subsidiaries ("the Transaction"). boohoo will pay £25.2 million in cash, funded from existing cash resources, on completion.

I don't think the stock market has yet grasped how significant this deal, and the acquisition of Debenhams are going to be for BOO. It greatly expands the group's demographics, and should see a step-change in scale of the group once these new brands are absorbed into the BooHoo machine.

Therefore, over time, I reckon we should see large increases in forecast revenues & profits.

Remember that these brands were already trading online, with a big customer base. In the case of Debenhams, the annual online revenues were about £400m, or £300m if we take off click & collect in-store. Put that on BOO's usual 10% EBITDA margin, and it's a potentially £30m boost to profits. Add onto that the growth that BOO's expertise in product & marketing should bring over time, and the £55m acquisition price for DEB could end up looking a remarkable bargain.

Ditto with the 3 additional brands acquired on 8 February 2021. At the end of the announcement, it refers to revenues of £178.8m for the "continuing businesses" for FY 08/2020. Presumably that means online sales, as that's the continuing business. {Edit: also wholesaling, as today's Zeus note points out]

That's equivalent to an additional 14% revenues on BooHoo group's £1,235m revenues for its FY 02/2020. Add that on to the c.£300m additional revenues bought in from DEB, and we're looking at £479m of additional, annual revenues bought in. That's assuming under BooHoo ownership the 4 new brands just match historic online revenues. In practise, I suggest they'll be aiming to grow the historic revenues, aggressively.

Once all this starts to feed into analyst forecasts, I think we could see a big re-rating of the shares, to reflect a much faster growth rate."

From Paul Scott on 8 February 2021.

Some may be selling enough shares to make use of their CGT allowance before April 5th 2021. I think by doing this now, then you can't buy them back for 30 days. This could be a reason for the share price fall.

Some may be selling enough shares to make use of their CGT allowance before April 5th 2021. I think by doing this now, then you can't buy them back for 30 days. This could be a reason for the share price fall.

This is 21p, nearly 120% uplift.

This is 462p, nearly 40% uplift.

goldust88 - the figures have been pretty tiny for some time.

It's the purchase of the Murata automated production lines that will change these figures. CAP-XX had only a very small manufacturing unit in Malaysia until they bought Murata's automated production lines. It is this expansion that will transform CAP-XX into a larger manufacturing business with the potential to reinvest their profits into growing the manufacturing even further.