Member Info for southcoastbather

"Any capital gains implications on a partial sale has nothing to do with how an individual logs their cost base on remaining shares."

Well it would as you wouldn't have made as much once tax is paid therefore it would raise your "average"

What you appear to want to do is to roll the profits or losses from a sale into the total cost. That is, if you made a profit, use that to lower the “total cost” of the shares so that you can compare that average of that “total cost” to the market price, and quickly tell if you are profitable.

Although that might be convenient, it probably would not be acceptable under most accounting conventions (so no textbook will tell you to do it that way). It also would give some strange-looking results. If you made $1 million profit on some shares, and then sold all but one of those shares, you would have a “cost” of about -$1 million for that one share. Most people would look at you funny if you showed them that number on a spreadsheet.

Hahahahaha Can you imagine the taxmans face listening to their theory?! "But i past the profit it that other share so my average is lower than i paid"

Yes disinformed your average can never be lower than the lowest price you have paid. Profit is profit and the purchase price as the purchase price.

Im not talking about skill or luck - just pointing out wherever you found the "intra day low for last 10 years" had it listed wrong.

*Slightly less than your buy

Casa - slightly less that your buy was available.... 23.9 ish was seen

Dc you sound like deranged Indian call centre worker.

Large sellers holding this back - I'll be amazed if this doesn't go under 43p at this rate.

BUYBACK REQUIRED.

Looks like full value with current capital returns is 44p - market conditions will now dictate the ups and downs.

The directors have made their decision to not issue buy backs and the big investors have sold which is their way of saying f you and your shlt returns.

50p will be hit when buybacks are announced and not before.

Someone here has a direct line to lse by the looks of it?!

Lti hopefully it rises - I suspect that jump to 45p on open got people's attention today how fast this can move up.... Trundle down for days but then correct in minutes

Judging by the little fall back I'd guess usa to open down a touch

The breakout was from 24 to 50p.....you must have missed it while your account exploded with margin calls on your short.

Great trading opportunity!!! 45p down to 44.2 in under 2 mins!!

Scientists called the findings 'highly reassuring' and claimed it was 'no wonder' the country was seeing a fall in Covid cases. 

https://www.dailymail.co.uk/news/article-9859887/amp/Now-80-16-24-year-olds-England-Covid-antibodies-official-figures-show.html?__twitter_impression=true

And they said the true figure would likely be much higher because antibodies aren't immediately made by the immune system, meaning the tests would miss immunity triggered by infections that occurred during the July surge. 

"**Well it seems Powell's speech has gone down well in Wall Street.**

UK market is waiting For Darth Trader Approval."

It didn't wait for his approval last time - it actually told him to sod off and the sp doubled while he called "unthinkable lows" and eventually and he eventually disappeared under a rock in embarrassment.

"Lloyds will have to buy back a few billion shares to make much difference to this share price, But it is all share holders money they play with."

If the follow BARC and RBS and do 1.5 billion pounds of buy backs they would remove over 3 billion shares but more importantly that would be a 5 percent return to shareholders....

"to hold emergency Covid briefing today amid 'sharp rise' in cases
The First Minister is to hold an urgent Covid briefing today as cases continue to rise around Scotland and Edinburgh - with the Lothians now labeled as a European hotspot."

Who cares?! They want independence so let them crack on.

"scb, you seem to shrug off economics, National, international and geopolitical events."

Funny that because RBS and BARC seem to be shrugging them off as well?!

Also who said a fat divi? - Buy backs seemed to work for RBS and BARC...