Member Info for sairfecht

72,000 x 20.63p (total div this year) = £14,853

Good to hear Fartage mention Small Modular Reactors on Question Time.

And if he gets £80m from brown-nosing the eX-“Free Speech Absolutist” he might want to invest some of

it in RR for a decent return whilst he waits for the next general election.

Thanks FrakturHaaz.

The small glow from the article was

“…Energy Secretary … said last night: “… and pressing on with contract negotiations for our small modular reactor competition” ”

The government machine grinds slowly on. Fingerscrossed that means forwards - and includes RR. Just a few more months… not that long in the grand scheme of things/timescale of SMRs.

Omg! The share price has changed since I last looked.

And so, right now we are in the Doldrums… 😕

So in summary: it could go either way, but nobody knows.

My assessment remains.

But now that you’re over your previous little tantrum, welcome back to the bilge. lol

Gbholds, I’m guessing - actually, I can read - that you’re the kind of guy who looks down on people you think doesn’t have as much money as you.

But then again, you’re not a man of your written word, obviosuly.

Good points on tax - whether dividend tax or CGT - or indeed the tax on savings…

Tax rates will be dependent on your situation of course, unless you are dealing from within an ISA or SIPP.

(Not forgetting inflation lurking in the background, to erode a little of any gains - though that applies equally when you come to spend the cash.)

Gbholds, you’re right some folk post absolute bilge:

gbholds, 15 Nov 2024 13:13

“The absloute Bilge … .. i am outta here.. Good luck folks... xx”

And yet here you are. TruthSocial a bit boring was it? 😆

Here's my arith, which I am sure is teaching you all to suck eggs.

Say you bought today, at 219.3p, then at the end of April '25 you'd get 14.6p in dividend (*assuming* it's unchanged for this calculation).

If you put the money in a bank, at say 4.75%, until 30 April '25, then you'd effectively get 2.08% (160 days 'til 30 Apr '25). Approx. 4.6p on every 219.3p.

Investment return is 10p (or 4.6% on sp) up compared to the bank - on the div. date. And this *assumes* you sell at the 219.3p price you paid.

Wait 'til the second div and then you'd be 12.8p / 5.8% up.

So, the question is, will the sp drop by 10p (or 12.8p) by the ex-div dates next year? If you think it will, then you'd be better off putting money in the bank *at those points in time*. Assumptions on div amounts and you get a interest rate for a set period.

Maybe it will be a goose that lays a decent egg.

IT and then Biden upping the ante.

Or was that Putin getting NK boots on the ground?

Interesting times.

“took huge risks”

Isn’t that called gambling? And all done with a few clicks. Like tapping a button on a fruit machine and watching the numbers constantly.

I guess this is the hard work that will make Britain Great Again. At least for those invested.

/s

I think he's saying...

- withdraw an amount from your SIPP that takes your income to just below the higher rate tax band, i.e. avoid paying 40% on such a drawdown (will still pay 20% - unless you withdraw under £12570 - and have no other taxable income...)

- you may also have a tax-free lumpsum (depending on how you choose to drawdown from a SIPP)

- put that amount into an ISA (or across several ISAs within your family...)

- invest those ISA contributions into PHNX for the ~10% dividend, which will be tax-free (being in an ISA)

Probably best to seek financial advice on the best options, of course!

Bye bye gbholds, I am sure you'll glean far more insight from TruthSocial

/s

Confluence, put the url (without the https:// part) into archive.ph (lower box), you should be able to click through to the article.

Caipi65,

All this negativity - yet here you are invested in LGEN and therefore the UK. Actions speak louder than words?

E.g. inflation between 2021 and now is 27%

(https://iamkate.com/data/uk-inflation/)

Crossley, out of interest, have you taken into account inflation over your investment period?

I was doing some of the same calculations on other investments the other day - but in “real terms” some of them didn’t look so impressive!

Sounds like that will be one of Biden’s legacies? 😆