Member Info for Vulnax

Morning all,

Winter drawers on, it's dull and cold up here.

Well, expensive morning.
I sold some cheaper SNG on Friday at the bell for a 6% profit. Ben a while but not bad.
Just noticed my share holding had gone down again .... another tranche of SNG sold on a limit sell, but these were the high priced shares, so 9% loss! Less than I was considering to do myself to egt some cash back, but still.
Moral of the story - cancel a limit sell when you sell manually if you hold more else the limit sell will kick in on thewrong tranche!!! Lesson learned!!!
And.... looking at the chart SNG peaked at 225, selling then I would have actually made a few quid instead!!!

Not a bad F1 GP this weekend, title still open !!

Have a good day all!

V

O - LOL, can't disagree!

Apparently this came in ( the 40 day CGT report thing ) awhile ago hidden under other news... It may be just property?
From HMRC ... "You must report and pay any tax due on UK residential property using a Capital Gains Tax on UK property account within 30 days of selling it." "Do not wait until the next tax year to report gains on UK residential property sold since 6 April 2020. You may have to pay interest and a penalty if you do."
but...
"If you have other capital gains to report
If your gain is not from residential property sold in the UK since 6 April 2020, you have a choice of how and when to report the tax.

Report and pay the tax straightaway
You can use the ‘real time’ Capital Gains Tax service immediately if you know what you owe.

You need to report your gain by 31 December in the tax year after you made the gain. For example, if you made a gain in the 2020 to 2021 tax year, you need to report it by 31 December 2021.

You’ll need a Government Gateway user ID and password. If you do not have a user ID, you can create one when you report and pay.

After you’ve reported your gains, HMRC will send you a letter or email giving you a payment reference number and telling you how to pay.

If you need to change your report using the service, you’ll need your report reference number starting with ‘RTT’. You’ll get it by email within 10 days.

Report your gains in a Self Assessment tax return in the following tax year
You can report your gains in a Self Assessment tax return in the tax year after you disposed of assets."

Seems no change to other ( e.g. shares ) capital gains if you do SA tax return.

Yes, I will use the previous losses to offset profits when I clear out my fund account to move it to the ISA account over time!

Cheers

V

Hi N,
No, he didn't mention any likely changes on the earned interest or dividends allowance level ( based on nominal tax rates of the 20% or 40% rates... ) nor the % tax that may be charged. That may well stay the same... for now!

See you all tomorrow!

V

Hi All,

Windy, wet and dull / dark here, with a few glimpses of sun!

Good news on SNG front, passed phase 2 trials now into phase 3 trials, and other results due after xmas. Price jumped 20p on the news, UP for a change!
More good GGP news, so SP fell back again!

Yesterday afternoon out for lunch with my financial advisor. All is well in the world! After a couple of MAJOR falls in value since feb 20, pot recovered nicely to be about back up there, which is nice!

Keep an eye on the budget on 27th, ***may*** be reduction in pension pot lifetime allowance ( LTA ) dropping from £1,073,000 ( ish ) to £900k or even £800k ... and tax at 55% on everything over in the pot!! Although quite likely to offer "protection" to current pensions / pots ( as occurs when pension companies change their scheme terms ).
You probably already know the LTA has been frozen until 2025/26 tax year, as has personal allowance .....

And still mooted ( tho unlikely ? ) to change CGT rates to align with income tax, so 10/20 % become 20/40% ...
and already done i think .... supposed to report chargeable gains within 40 days???? Any one confirm that?

I think the other thing has already happened? Student loan threshold to fall so pay back if earning over something like £25k instead of the previous figure, and may not have a cut of date, pay till you pay it all off or retire ... suggested back dated to 2012!
Let's hit the hard workers / savers again!

Have a nice day!

V

Afternoon Brigade,

Dull and dingy up here, rather rainy.

P/f seems steady ( still down as usual! ) and my holdings seem to have found a steady bottom, so possibility to trade them at this level until they get back up to the price of the older tranches.... GGP falling back a little although with several more news items due in the next few weeks could rise like Capt Kirk on Blue Origin!

My MARStons in the blue a little, a whole 1.45% so about £60, I'll let them ride back into the mid 80's that they were in a couple of weeks ago!

Hello again T! Sounds like you are keeping busy outside of trading, not missing much really !!!

I guess we may get a few regulars back overwinter - R, M, S as well as T.....

Have a good week

V

N - Trading update from MARS today on HL's watchlist page. Quite positive.

MARSTONS SALES REBOUND TO GROWTH OVER PRE-PANDEMIC LEVELS IN Q4
(Sharecast News) - Pub company Marston's reported a rebound in sales during the fourth quarter over pre-Covid pandemic levels as lockdown restrictions eased over the year.
Marston's said sales in the three months to October 2 had risen 2% across its managed and franchised pubs compared to 2019, before the pandemic struck and lockdowns were imposed.

Total annual pub sales were £402m, representing 78% of last year, reflecting the impact of venue closures during the pandemic, with pubs only open for 54% of total business days.

"Since restrictions were lifted on 12 April, the group has seen a continuous improvement in trading," the company said on Wednesday.

Overall, business for the full financial year had been at 94% of 2019 levels, including the benefit of a temporary VAT cut on food and non-alcoholic drink sales.

V

Morning all,

Dull and wet here, like my p/f!!

) - I hear what you are saying, and N - re drivers etc. Was only going to get worse with ageing population and generous furlough packages etc . Why work if you can get at least 80% of money for nothing!!!
Yes, UK uses cheap labour from ( eastern ) Europe, what's wrong with UK labour market ... 1 million vacencies, how many unemployed ( job is beneath them, too low paid for the job, better off on benefits ). Especially poor working condition jobs like long distance HGV driver, manual field labour etc.

Brexit may have pushed foreign workers away, Pandemic stopped them coming in so got other jobs elsewhere, UK workers changed jobs or rested!

Double whammy plus world events.

Hopefully 2022 will be better more back to normal.

GGP - yes, down more 16.4p, I re-bought yesterday at 18p, even said they will drop a bit more this week .. I was impatient!
May have to sell some shares at a fairly big loss in the Fund account as they are stranded too high buy price ( not traded in that account all tax year! ) - NCYT at 580, SNG at 180 - 220, ARB at 180 & 220 ... trading them at those levels when they fell back months ago ... so release funds and buy more GGP!!!

SNG looking better with phase II and phase III results either side xmas, so expecting a rise so don't want to sell these, others will lose me loads!

Ohh well, joys of trading / investing....

V

O - you are quite correct! Markets all over the place, it's not just my being new, SP's are doing all sorts of odd things.
Mainly being contrary on news! Ad outlooks!!

You seem to be spread across the world with your investments so hopefully can offset any localised issues!!

V

Hi N,

I see etoro is a bit different to HL on stop losses etc then .. unless I just ain't worked them out on HL !
Mars financial annual is end of November as far as I can find, divi is usually announced a few days later in December.

Yes, I saw JDW falling continually .. probably after the poorer than expected recent results... I lost a bit on them last year too.

GGP has a few GOOD posters on the BB - Bamps, Hydrogen, Mystic ??, but also lots of trolls / rampers / derampers.
Basically GGP have found good resources - gold and copper in their licensed tenaments. They are well on the way to a decline - a road into the ground for access, in the main Haverion area, but still drilling further and further outside this as the discovered mioneral wealth is still present! And 3 or 4 other areas they are drilling ( scallyawg - bit poorer so far ) and Juri - not sure yet ...
Newcrest, who are their 75% partner are doing sterling work, and it's their processing plant GGP will be using for the ore.
Lots of good stuff and many many upsides, over the next 6 weeks / 3 months / 2 years. Not too bad to trade, but WILL be a good share to hold IMHO ... my largest holding for nearly 2 years! While I have held them gone from 5p to 36p .. and back to 16p !

DYOR tho!

V

Typing getting worse ... 17.7p sell, 18.1 p buy on GGP.
I gave in and bought back the trading GGP shares at 18.0p. And they are slightly recovering!!

Topped up ODX while they are down too.... out of free cash ow!

V

N - forgot to say, Well done on the LLOY etc. trading, despite p/f falling back.

V

Hi N,

Well, GGP dropped 3+p not 2p ... my mistake! SO I did OK selling mt GGP trading shares last week ... usually I would have held on for the RNS and them sulked when they plummeted.
I avoid stop losses, I found they don't stop at your chosen price, cost me loads on CINE last year!!! ( se 1t 42 p, activated at 16p !!! ) I suppose a limit sell at a price lower than current won't work .. HL warns about that... so a quandary or sit at the screen!
Hope you did OK with them 18p buy in you said so not too bad ( oohh 19p whoops sorry ) , like my 2nd sell last week @ 21.6.

I thought the RNS was pretty good now and future, and am just watching the Shaun Day GGP presentation right now. Those pesky traders selling on the news..... doh! ;-) So hoping for a nice fall back, missed the 16.5p so sub 18 will have to do later / in week / next week. I see GGP have fallen more while I am typing, 17.1/18.0 now.

My other 2 recent trading shares are both down a couple of hundred quid, caught near the bottom but not quite, and on one it's the spread & fees!!! That's ABDX and MARS for info.

Ohh well, back to the watching / researching game!!

GLA

V

Morning all,

Damp and dull here,

Dunno what's happening, pretty much all my shares are down ... GGP 2p down ..wow, hits my p/f hard!!!

V

Well, a good start to the day.
Bright and dry here.

Found a limit sell on some more GGP had gone off at 8:18, 21.5p ... these were my other trading batch at 18p. Nice 19% profit there.. and the SP hasn't gone much higher so not missed as much profit as I did yesterday!

On a side note, my Samsung UHD TV developed a patch of bright blue light on the screen along with edge bleed along the bottom. Contacted supplying shop, vey help ful arranged repair. Repair shop very helpful, came, said panel needs replacing, be about 5 days to get the parts and we can fit at home.
Allgood,
3 weeks later Samsung call me directly to offer an exchange or refund - find out parts are NO Longer Made!! TV is 4 years old!!! Samsung offer an old model ( although better screen tech - QLED ) but doesn't have many of the features mine does like external connection box for ease/tidiness, 4 HDMI, screen and sound controls and options etc. And it was not a popular model being entry level, no main stores stock it - so Samsung off loading old models. Cash offer was %15 of cost price . TV is covered by 6 year guarantee, and some kind soul pointed out that the shop who supplied is the one under contract and the warranty states in year 5 50% of cost price as refund/vouchers.!!
No joy at first with the shop customer service, very pleasant and helpful but as they had passed the claim onto Samsung they could do nothing.
A quick post on AVForums, that came up from a search, pointed out that a senior customer service manager read that forum posts so ask a question / leave the problem there.
Did so, had a message off him in a few minutes and a call off the manager inside an hour!! Agreed with my problem and poor way i was being treated, agreed the 50% offer and a deal if I wanted to pick a new TV.

So £200 off the TV, and £650 vouchers for the shop, for a new TV. With yesterdays profits I get a fancy new TV for nothing!!!!

Happy days.

Just need to get the vouchers in my hand and some proof of the discount of that model now.....

Have a good day all

V

Ha! Should have waited, for some reason GGP has shot from 18.2 to 19.7 in the last hour!! Could have doubled my profit if I had waited a few hours..... but having watched the SP go 17.5, 17.2, 17.65, 17.4, 17.85 I thought I better get in (FOMO) and not be greedy! Especially as SP went down a bit before bouncing up into the 19's!!

V

Sold one of the trading tranches in GGP @ 17.85, added in a small amount of shares at 26p to move them on / reclaim the capital, still made an 8.3% profit!
Price was up and down - 17.9 - 17.4 so thought I'd done well, now it's at 18.1!!! So in my next tranche ( 18p ) break even range, expecting move to 19p+ this week... If they fall back then I buy them back!

Bought some Marston's MARS as they had fallen loads, for no obvious reason, figures due next week / month so expect a good recovery and profit there!
Those in JDW ... looks like they are still falling after the posted loss ...hold tight they will recover I feel!

V

Around 25% profit on SYME IF I had bought 1 million this am! Only about £500 tho!!!

V

Missed that one : one of my AIM tiddlers - SYME - has been 0.23 p all week, I was thinking of a million of them this morning, come back in from the vets and WOW 0.28! Easy s5%+ in an hour. Shame I didn't, I have lots at .3 and .42 p!!! Keep on up SYME !!! Nearly in profit!!!

V

N - GGP back up a bit more now, I'd be 10% up if I sold now. Expecting more rises, so say the GGP boards on here! As T says, the range shows 18p as likely top today, unless the chart resizes!
I have far too many GGP shares, many many tranches from 11p to 35p, mainly 11-12 and 26 though. Usually put my profits in GGP, especially when the price falls like recently... And a couple of smaller lots ( 35000 each ) at 16p and 18p to trade and make a few hundred every couple of days on a 1-2 p rise!

Expecting great things this year and next couple of years so sitting on hands for the large bulk of my GGP.

V

Morning all,
Wet and dull here.

N - you doing well already today! Keep it up!

GGP on the rise, after the JV partner announced the date to release the pre feasibility study on several exploration areas GGP have been working on. Surprised the market / caught a few shorters out !!! Next ore results out in 2 weeks, and in a month or so an update to the maiden resource estimate ... should only be upwards! So looks like several pieces of good news / expectation driving the price up.
Looking to sell some trading pot of GGP @ 16p, fo 9% up at 17.5 just now BUT can't get a sale trade on HL !!!!! Watch the price fall until I can get a trade... so likely hold on for a few hours / days!

Have a good day Brigade!

V