Member Info for SadAct

Sold ASC for +5.5% (186p profit)

OK, now I am scared, FTSE up 2.7% and us just going into a lockdown? With talk of the mid feb ending being extended a month? Starting to think I should sell a few things expecting to pick them up cheaper later. Hate booking losses though.

V...I fill in seld assessment tax return on line, CGT is one section of it, I include the figures from the summary calcuation sums for listed and unlisted shares on within the CGT section. They demand support documentation "workings" to be uploaded. This is the sheet I described above. Once all the sections of the return are complete, it calculates you liability on line.

T...still managing not to sell ASC at heady height of 5210p . IG shows me a range today of 214p on ASC, surely near the limit? What is DOW future indicating I wonder if it will be an up day in US?

V....forgot to mention, have bought more GGP.

R...I had 66+ in mind to sell CINE too but as you know from above I sold some at 65.5, it was only 20% of my holding though.

T...ASC 5188, still haven't sold this mornings purchase. Feel under self imposed pressure to sell though as I am just over 82% of my weekly target and am desparate to meet it this first week of the year. I have a couple of other prospects though and it is only Wednesday.

V...several things about my CGT posting I didn't make clear include the fact that where I show "costs" that is buying price inc fees, stap duty etc. Similarly, proceeds shown are reduced by the selling costs.

O...AXS up another 2.5%....glad I've got some, watched this little puppy gain and gain...now my money is where my mouth is.

Sold CMCx for a 2% profit (plus the divi, he he he).
T...I'm also watching ASC, thinking about taking the profit currently at about 2%

T...yes on ASC, I have yours now! As you would say, the Intraday graph is showing top at 5180. (but I am expecting more)

V.....OMG Format completely screwed up. My first posting went missing, so tried again THEN BOTH OF THEM APPEARED.
See if you can work out what I am saying. If not, I will try some other way. Sorry.

V....Sometimes I make 20 trades in a morning so including info for IR at trade level was looking like a huge problem so I employed an accountant. He did my return and I learnt his "system". Actually he used "taxcalc" software. I now do my own return
Anyway all it came down to was a summary which is uploaded as "support documentation" which looks like this...

Example (names and numbers have been changed to protect my modesty!)
Shares brought forward...
No. Cost
BT.A 3200 12345.00
CEY 20,000 54321.00
etc etc
Shares traded in year.......
Listed securities:
No. Cost Proceeds Gain(Loss)
BT.A 15000 48,000.00 40,000 (8000.00)
CEY 60000 63555.00 65555.00 2000.00
CNA 52126 8400.00 9000.00 600.00
Note 1>> xxx.xx yyy.yy (zzzz.zz)

Unlisted securities:
WJG 30000 60,000.00 55,000.00 (5000,00)
NCYT 300 10,000.00 20,000.00 10,000.00
Note 2>> 70,000.00 75000.00 5000.00

Shares held at year end, carried forward:
No. Cost.
CNA 20,000 28,450.34
HSTG 19,999 1234.56
etc etc
Note 1 and 2....The summation figures for Listed and unlisted securities are used to fill in your return

V...(Part one of two part posting)Sometimes I make 20 trades in a morning so including info for IR at trade level was looking like a huge problem so I employed an accountant. He did my return and I learnt his "system". Actually he used "taxcalc" software. I now do my own return
Anyway all it came down to was a summary which is uploaded as "support documentation" which looks like this...

Example (names and numbers have been changed to protect my modesty!)
Shares brought forward...
No. Cost
BT.A 3200 12345.00
CEY 20,000 54321.00
etc etc
Shares traded in year.......
Listed securities:
No. Cost Proceeds Gain(Loss)
BT.A 15000 48,000.00 40,000 (8000.00)
CEY 60000 63555.00 65555.00 2000.00
CNA 52126 8400.00 9000.00 600.00
etc etc
--------------------------------------------NCYT 300 10,000.00 20,000.00 10,000.00
etc etc
---------------------------------------------------------------------------
Note 2>> 70,000.00 75000.00 5000.00
----------------------------------------------------------------------------
Shares held at year end, carried forward:
No. Cost.
CNA 20,000 28,450.34
HSTG 19,999 1234.56
etc etc
The summation figures for Listed and unlisted securities are used to fill in your return.-------------------------------
Note 1>> xxx.xx yyy.yy (zzzz.zz)
--------------------------------------------------------------------------
continued on next posting

R....I noticed that some of the directors of IAG sold sufficient of their IAG holding to raise funds to cover their RI and so took up full rights. I did the same effectively keeping the same holding at a lower book price. Last month did something similar with RENE. (It was a placing). Sold half my shares (call that x) at 82p, applied for all my entitlement (at 70p) plus applied for another x shares. It worked fine, reduced my overall net price and now their price is 92p. Happy face emoticon.
There are many approaches to rights issues and depends on tons of variables but also your time scale, how long you want/expect to be a holder of the share. I have nearly always found it to be a benefit to take up rights, the method of funding it is legion.

Sold GRG for a MINUS 2% (profit). Doh
sold CINE for +4.9%
bought ASC at 5070

V...after hours RNS on SNG may help the share price today.

Good morning Brigadiers.

FTSE up 1%, could be a good day.

V...I will answer your CGT return question later this morning.

C...Interesting that today I have faffed (is that spelt correctly?) around with my record keeping system more than I have traded. I am keeping rough notes that I then transcribe into my new pair of notebooks, then I update my spreadsheet(s). Nooooooo. What am I like?
My portfolio is more or less half covid and half anti covid, so usually the covid related stocks go down when there is good news (vaccines etc) and the other half go up. And vice versa. However today, most things went up so the value of my portfolio did "rather well", unusual but welcome. I must try and record the overall value of my portfolio at least evry week to get anidea of where I am headed. Strange, but I feel like a ship adrift, I know that I am gently headed in the right direction but someone has nicked the rudder...and it's me.

V...good move buying GGP, I bought some for trading last wednesday and ignored a nice chance to sell. Doh. We are still awaiting news on Scally which is widely expected to be very positive.

T...I'm kicking myself too for selling ASC too soon but a profit is booked. I am at about 62% of my (new) weekly target so content for now. Not ready to resign from the happy club yet.

T....I have sold ASC too, that's my last tranche.

Note to Novacytians...share price of NCYT is getting frisky.

R...I'm watching TUI too, very tempted to buy but am a bit afraid of them at the moment. Current ban on home or foreign holidays doesn't seem to be really affecting the share price as much as I expected.

R... well a profit is a profit after all. I might yet regret hanging on...or dithering as it's known.

T...thanks, 1460? yes, I would sell at that.