Member Info for roger65

I hope so too but…it’s estimated that 15% of the entire market IS invested in AIM for precisely this means of avoiding IHT. Of course it’s no surprise the Guardian article highlights its predominantly for the benefit of’wealthier families’ - exactly who this Labour Govt want to hit hardest.

I suspect much of any potential sell off has happened already though as most AIM shares have seen a drop over the last two months. Current under valuations though mean a dip immediately after the budget will present some fantastic opportunities - as long as AIm can actually survive this hit. It’s counter intuitive to me as Labour state they want to encourage investment and need the private sector to invest more. They’re doing a great job atm of scaring it off with all the tinkering they’re threatening to do.

There have been more leaks to the press about what to expect in this budget than any other. This is apparently because the Govt doesn’t want to upset the market by springing any surprises. The fact that the Guardian has such a prominent article just two days before the budget suggests to me this removal of BR will go ahead and the AIM will inevitable take quite a major hit. Whether or not it can recover from that is anyone’s guess.

Sorry, that’s a contribution of gross £68bn and a tax revenue for the Treasury of about £5.4bn.

This budget is supposedly all about helping growth in the economy and the small caps on AIM are all part of the financial ecosystem. Where do the 700 odd companies go if AIM collapses? There would be a swoon from foreign buyers making TO offers left right and centre all willing to cherry pick the best offerings on AIM. In the event of long term damage done by RR GDR would almost certainly either be taken private or bought for peanuts by a pharma. We just have to hope RR doesn’t tinker and leaves AIM alone or actually does something to stimulate its appeal and help growth and ultimate recovery from the decline over the last few years.

Agreed Jimi but with a contribution of over £35bn each year to the economy and being responsible for 410k jobs directly (another 200k indirectly) RR would be mad to kick it into touch. She should help AIM not destroy it.

From the Guardian today….

https://www.theguardian.com/business/2024/oct/28/london-aim-delistings-budget-inheritance-tax-relief

Come on Gino, it’s really time for some news. Since the start of August we have seen just just 4RNSs. One of sales £100k per year to Greater Manchester and the other three all related to the Directors: change of CEO, Chairman’s share purchase and Chairman’s declaration of previous insolvency issue.

There has to have been more going on in a whole Quarter than that. Spill the beans time..

Ifs and buts...utter rubbish eh? Wade through this lot and see if you still think I'm talking sh..e. And these are just a handful of such articles all talking 'rubbish' according to you Amers. You must be some wizz to be ahead of this lot.

https://www.cityam.com/city-sounds-alarm-on-health-of-aim-market-as-listings-hit-20-year-low/

https://news.sky.com/story/london-stock-exchange-chief-warns-ministers-over-aim-viability-13220718

https://www.theguardian.com/business/2024/apr/22/sharp-rise-in-aim-delistings-casts-doubt-over-city-of-london-future

https://www.ii.co.uk/analysis-commentary/funds-most-risk-aim-stocks-losing-iht-relief-ii532936

https://www.proactiveinvestors.co.uk/companies/news/1056728/aim-future-in-doubt-if-business-relief-removed-warns-lse-chief-1056728.html

Amers, I think you may well be eating your own words in just a few days time. From what I've read there are even many within the financial bodies who would like to see AIM ditched altogether.

If I have half a brain cell that I'm very sad to think what that means you are blessed with.

Selling pressure is building. Friday sell off starting early? Really thought this was going to slowly climb towards Oct 31st. Am convinced it's the wretched budget unnerving many invested on AIM.

Coming from anyone else Tiger I'd be happy to read that but....as it's you and your sources who have been proved 100% wrong with anything to do with GDR I think I'll remain open minded on the potential damage RR is about to inflict on the LSE and in particular AIM.

I will quote your words back to you in a few days time perhaps....'we are very safe in this respect'.

...' as the offtake should be agreed last days of this month, early next.'

Hope you're right about that but the timing of everything to do with KOD has been drawn out/extended/delayed so I wouldn't be surprised to see that too pushed back even further.

Seeing it across the markets. Everyone holding fire until Rachel Reeves exposes her plans to destroy, er sorry, build a stable platform for growth within the UK for businesses everywhere. She needs the private to sector to invest much more. What will she do? Remove BR and doube CGT on share trading? The very things that makes it slightly more enticing for businesses and pension funds to put their funds into AIM stocks in the first place? And they only get the benefit of BR if they stay invested for a minimum of 2 years!

AIM provides over £5.4bn to UK GDP and there are 410,000 jobs provided by AIM companies. It would be quite a feat for Rachel Reeves to destroy all of that in one morning's work on the 30th.

If, as some experts are predicting, there is a general sell off of AIM stocks of 20 - 30% once Rachel Reeves announces the scrapping of BR for AIM share dealing then that will hopefully not last too long for GDR. With news due the very next day it could provide an amazing quick trading opportunity. I've got some dosh lined up ready to throw in if that drop does occur and will happily trade it the second we hear from the NHSS if they're going to launch a national roll out of GDR's two tests.

If share holders get away with anything back here I'll me delighted and amazed in equal measure, sad to say.

Where is that f..ing license Bernard? I hope you haven’t been pulling the wool over our eyes and there’s a problem with it. How long can it take to transfer that piece of paper? It’s been nearly two years ffs! Makes KOD start to look like all the other iffy junior mining outfits whose CEOs just spent endless jam tomorrow guff. I know we have Hainan’s money and are building the project but we NEED that license transferred or else the risk of something dodgy happening at the crucial time remains. Get it done!

It is only going to take one really positive bit of news for GDR to become a take over target. That trigger could land on Oct 31st or any time from now. An update on NHS sales or anywhere in the EU or ME or news that De Novo process for FDA approval has finally been started would kick off the stampede. Just my view. Having lowered my average, been out, bought back in etc just trying to recover losses I now feel the next three months are when any of these potential triggers could be pulled .

Who on earth thinks this went up to 2.9 today? Didn’t see anything like that from where I was sitting

AIM survives on money from iis, NOT pis. If there is a 20 - 30% sell off and BR is removed then those iis won’t come back. Why would they with the inherent risk involved in AIM small companies? There is a chance Reeves will also increase stamp duty on all trades and increase CGT to 40% across the board. It would collapse AIM altogether very swiftly and the govt will then take away zero in tax revenue from it and also lose a massive amount of income tax from the tens of thousands of jobs that would be lost with thousands of AIM companies quickly going under or having to instantly reduce their costs if their primary funding source disappears over night. I’d be amazed if RR decides to risk her reputation doing all of that. LSE is Londond’s biggest financial driver for tax revenue. I know, I’ll really damage it further after it’s lost 25% of its revenue in the last 10years anyway. If she wants economic stability then that isn’t the way to achieve it or give yourself credibility that yours is a safe pair of hands in which to place the future of the once mighty LSE.

Nissan - I am confident about this news too but I'm sorry to say that 100% of your share price predictions to date have been wrong. No idea where the sp will be but as long as it is north of current levels, and by some margin, I'll be ok with it.

It's a bit worrying that Gino on current form looks to be worse than either of his two predecessors in terms of trying to maintain relations with his share holding body. He's said preety much zero since he started as CEO and I find that highly unusual, especially as many of that body came to GDR's rescue back in May for the numerous placings that were organised.

Hey ho. I guess no one will mind if NHSS announce they will implement the two GDR genotype tests if recommended by the review being finalised now by the AINA - Accelerated National Innovation Adoption collaboration. Publication is Oct 31st

And news is due on Oct 31st ffs or can’t you wait that long?