Member Info for SD235

"Blair was a complete TW T. However I thought our culture was pretty strong under him".....and that was due to him being prime minister?

You could just as easily say despite him.

From UK tax site

https://www.gov.uk/apply-tax-free-interest-on-savings

It reduces taxes on the company and you can use the £5,000 starter savings tax allowance. If you go over your £12,570 tax allowance it reduces your £5,000 starter savings tax allowance proportionally.

The allowance covers everything paid as interest.

Investment trusts which stream interest as dividends.

Bonds

P2P

Savings accounts

And OEIC which pay dividends as interest? Not sure how they can do that as most assets where you can do that are illiquid.

"SD235, I assume you are trying to be sarcastic"

Yes a mix of sarcasm and irony!

" I know and as an individual I am doing my individual level best to cut my carbon footprint"

AIM OIL king

Are you sure doing your very very best to reduce your carbon footprint!!!

The bigger picture is the US debt ceiling, this is a rerun of the past.

It has nothing to do with a 250 million investment.

"Just added more, over 11k shares....ATB"

Greedy!!

Sold my remaining Murray International yesterday.

A reasonable assumption is the debt ceiling crisis will go on for a bit.

Each side trying to get the best they can out of the deal.

I will wait to see what shares have been most affected, quite often with no logical link to the problem.

Not risking to much as would probably have sold them anyway.

If you have cash I would assume there is little chance of there being an agreement before the end of the week. So prepare to spend spend!

PS the Democrats are making a case for the president to be able to make an executive Order to increase the debt ceiling.

Basically f*ck you Republicans!!

"he IMF said British gross domestic product was set to grow by 0.4% in 2023. In April, it forecast a contraction of 0.3%."

Those guys are either clowns ...or they are puppets for the American masters ......you choose ....how can they have a forecast swing 0.7% inside a month ?"

The bank of England is just as bad.

The IMF predicted an immediate recession if we voted for brexit, 2.00% if i recall correctly.

When the French ****** head of the IMF, was told by journalist "you got that wrong " her reply "no we have adjusted the statistics "

"So you got it wrong"

"No we have adjusted the statistics "....with a nasty little french smirk on her face.

"The only function of economic forecasting is to make astrology look respectable"

Galbraith

For the short term, in this case 6 months I don't see any great movement in the share price.

Hopefully I am wrong.

Basic rule of the stock market is

"The market can stay irrational longer than you can stay solvent.” That's actually from the economists Keynes.

Note that can apply to single company.

For the moment I have set a limit order to sell most of my shares at 3p which will leave me in the market at slightly higher capital.

The problem with this company is KIBO which owns 55% of the company.

It is doing badly and assumed they could be sellers in the future.

If the CEO of KIBO buggered off (he is considered the main cause of KIBO problems) then that alone could result in an uplift to the share price.

.

The market clearly didn't like it initially. Most of the fall was clawed back though.

The borrower looks likes it's struggling but doesn't follow that it we will loose money. The assets will almost certainly be sufficient.

My only worry would be the initial and probably long term effects on the share price.

What's your view.

I suspect only Pedro is going to answer but happy to hear anyone else's view?

"Decided to buy the $USD listed BPCR which has a tighter spread"

Much tighter spread, also many special dividends.

Interest rates have risen and they have captured most of it. So expect continued special dividend.

Captain value

You are partially right. If they go below 0.5% then they have to inform the market until they are no longer a holder.

Note there may actually be a minimum at which point they don't have to anymore but it's not 0.5%.

PS double check as I am in the pub.

Captain value

You are partially right. If they go below 0.5% then they have to inform the market until they are no longer a holder.

Note there may actually be a minimum at which point they don't have to anymore but it's not 0.5%.

PS double check as I am in the pub.

"Look, I really like you, so let’s play nicely and I won’t mention what happened"

Feel free

"some kind of subscription service somewhere where you can see shorts that are below the 0.5% FCA publication threshold"

As they don't have to report it why would they let anyone know?

"A public share notification must be made when the net short positions of shares reach 0.5% of the issued share capital of the company concerned, and again at each 0.1% change above 0.5%.

This change relates to both a 0.1% increase and decrease of the position (including each time the position drops below 0.5%).

To make a public notification, fill in a Net Short Position share notification type on ESS and submit this to us. We will make this information available on our website if the position reaches or crosses the 0.5% threshold.

If you have previously disclosed a position publicly and that position then falls below 0.5%, you must make a new disclosure."

It doesn't look like they have to inform anyone until it reaches 0.5%

PS

Why calendar year?

Why not financial year?

Why one year in the first place?

Or yearly based on the purchase date?

The latter jumps out as an obvious choice, if you think discreet performance is that important.

As an aside do you buy/sell on discrete performance?

Zaco

"Well it's a method (discrete calendar year performance) used on both platforms I use - Hargreaves Lansdown and Fidelity. I'd certainly say they were fairly major players within the investment community!"

Yes most platforms supply that info but you are using to say (for instance) that I am now at a loss.

Zaco

The profit and dividend increases.

Not much going on in this thread.

I think I will add they have a lot of vintage investments at the moment

A lot of realisation available.

One of the reasons I bought it.

The dividend was another.