Share tips thread (Vol 2)

[FredClogs]

MTFB... That'll make you scream.

In other news an old holding of mine, Ceres Power, which i took a small profit on last year has taken a bump today on some rather good long term news in an RNS. Promising long term technology or white elephant? Who knows where fuel cells are going commercially but CWR seem increasingly well placed in that tech.

[Yidwann]

FredClogs said:

MTFB... That'll make you scream.

Tell me about it, after deciding I still thought it was a good runner, I jumped back in at 38p, and it's been carnage ever since, then when it dropped to just under 34p I thought I'd buy a bit more! Doh! I'm now in a position where I have to sell all and clear out, would just like a good news day to either break even or it be just slightly less painful!

[Zippee]

Yidwann said:

FredClogs said:

MTFB... That'll make you scream.

Tell me about it, after deciding I still thought it was a good runner, I jumped back in at 38p, and it's been carnage ever since, then when it dropped to just under 34p I thought I'd buy a bit more! Doh! I'm now in a position where I have to sell all and clear out, would just like a good news day to either break even or it be just slightly less painful!

Very similar to you. Going to hang on for a while though. Famous last words....

[FredClogs]

Zippee said:

Yidwann said:

FredClogs said:

MTFB... That'll make you scream.

Tell me about it, after deciding I still thought it was a good runner, I jumped back in at 38p, and it's been carnage ever since, then when it dropped to just under 34p I thought I'd buy a bit more! Doh! I'm now in a position where I have to sell all and clear out, would just like a good news day to either break even or it be just slightly less painful!

Very similar to you. Going to hang on for a while though. Famous last words....

You know what ill happen the day after you get out...

[Kingdom35]

Sorry to hijack

I have a question

Capital Gains Tax.
Having shares outside of a SIPP. Is the Capital Gains Tax Allowance in addition to Income Tax Allowance?

Ie say I had Shares purchased at £10k and now they've doubled in value meaning my assessment would be based on the gain of £10k. If my Capital Gains Tax Allowance was 12k id be fine and wouldn't have to pay a penny if I sold them?

[bad company]

Kingdom35 said:

Sorry to hijack

I have a question

Capital Gains Tax.
Having shares outside of a SIPP. Is the Capital Gains Tax Allowance in addition to Income Tax Allowance?

Ie say I had Shares purchased at £10k and now they've doubled in value meaning my assessment would be based on the gain of £10k. If my Capital Gains Tax Allowance was 12k id be fine and wouldn't have to pay a penny if I sold them?

Capital gains is a separate tax, you have an allowance of £11,700. Just make sure you take into account any other capital gains during the tax year.

[NRS]

FredClogs said:

Zippee said:

Yidwann said:

FredClogs said:

MTFB... That'll make you scream.

Tell me about it, after deciding I still thought it was a good runner, I jumped back in at 38p, and it's been carnage ever since, then when it dropped to just under 34p I thought I'd buy a bit more! Doh! I'm now in a position where I have to sell all and clear out, would just like a good news day to either break even or it be just slightly less painful!

Very similar to you. Going to hang on for a while though. Famous last words....

You know what ill happen the day after you get out...

This is part of the reason why so people underperform the market though. Don't get out early enough when it drops and hold to try and breakeven. Sell when breakeven so no chance of a profit on the upside. You really need to ask yourself will it go lower from where it is now. If you think it does (based on the current understanding, not when you bought) then you should sell and either cut your losses, or buy in later at a lower price if you still believe in the company long term.

Easier said than done though.

[Zippee]

NRS said:

This is part of the reason why so people underperform the market though. Don't get out early enough when it drops and hold to try and breakeven. Sell when breakeven so no chance of a profit on the upside. You really need to ask yourself will it go lower from where it is now. If you think it does (based on the current understanding, not when you bought) then you should sell and either cut your losses, or buy in later at a lower price if you still believe in the company long term.

Easier said than done though.

I know, learnt a hard lesson on a stock that subsequently went bust losing me 4k
MTFB though I bought in at 34p so only down £150 at present so happy to hold for a while and see what happens, albeit keeping a close eye on them.

[Kingdom35]

bad company said:

Capital gains is a separate tax, you have an allowance of £11,700. Just make sure you take into account any other capital gains during the tax year.

Thanks for the info. Any other capital gains like? SIPP funds for instance?

[FredClogs]

NRS said:

FredClogs said:

Zippee said:

Yidwann said:

FredClogs said:

MTFB... That'll make you scream.

Tell me about it, after deciding I still thought it was a good runner, I jumped back in at 38p, and it's been carnage ever since, then when it dropped to just under 34p I thought I'd buy a bit more! Doh! I'm now in a position where I have to sell all and clear out, would just like a good news day to either break even or it be just slightly less painful!

Very similar to you. Going to hang on for a while though. Famous last words....

You know what ill happen the day after you get out...

This is part of the reason why so people underperform the market though. Don't get out early enough when it drops and hold to try and breakeven. Sell when breakeven so no chance of a profit on the upside. You really need to ask yourself will it go lower from where it is now. If you think it does (based on the current understanding, not when you bought) then you should sell and either cut your losses, or buy in later at a lower price if you still believe in the company long term.

Easier said than done though.

Indeed, and at the level I'm investing at (a few £k) you've got to be predict accurately quite late short term changes to cover trading fees and the buy/sell spread.

Warren Buffet said if you're not comfortable to watch a share drop 50% you shouldn't be investing in a company. He also recommend normal people keep away from small start ups and fledgling companies like Mtfb though.

[Kingdom35]

Anyone seen Ocado?
58% up today off the back of the latest deal.

Guy at my work recommended them at around £4, I never had any money at the time :-(

Ive seen many presentations of their warehouse system and knew some kind of US deal would be happening...just invested in Genel instead for a small start up investment :0(

[Jambo85]

bad company said:

Kingdom35 said:

Sorry to hijack

I have a question

Capital Gains Tax.
Having shares outside of a SIPP. Is the Capital Gains Tax Allowance in addition to Income Tax Allowance?

Ie say I had Shares purchased at £10k and now they've doubled in value meaning my assessment would be based on the gain of £10k. If my Capital Gains Tax Allowance was 12k id be fine and wouldn't have to pay a penny if I sold them?

Capital gains is a separate tax, you have an allowance of £11,700. Just make sure you take into account any other capital gains during the tax year.

...and don't forget you can offset any losses. So if you have some shares that you really need to cut your losses on you can do it within the same tax year as realising a gain to avoid CGT. I with I had ever made an investment good enough to worry about this...

[Kingdom35]

Jambo85 said:

...and don't forget you can offset any losses. So if you have some shares that you really need to cut your losses on you can do it within the same tax year as realising a gain to avoid CGT. I with I had ever made an investment good enough to worry about this...

Thanks for the heads up.

Only wished id asked a few weeks back. Invested £1k in Lindsell Train. I was going to invest again in Genel or Ocado....doh

Well I'm happy so far with Genel and I'm not greedy :-)

[K12beano]

Kingdom35 said:

Anyone seen Ocado?

Yup - kicking myself.

[Kingdom35]

K12beano said:

Yup - kicking myself.

At 12:30 it was almost £10, now back down to £8.20.....what a deal that was today, Opened up at £5.20.

£6k profit off a £10k investment...Days like these we only dream of lol.

[86DA]

MTFB placing to raise 10 million at 31p.

Hopefully it will get going from here.

Roll on completion of the FDA submission.

[supercommuter]

Kingdom35 said:

K12beano said:

Yup - kicking myself.

At 12:30 it was almost £10, now back down to £8.20.....what a deal that was today, Opened up at £5.20.

£6k profit off a £10k investment...Days like these we only dream of lol.

Lovely day for you. Congrats

[Zippee]

supercommuter said:

Kingdom35 said:

K12beano said:

Yup - kicking myself.

At 12:30 it was almost £10, now back down to £8.20.....what a deal that was today, Opened up at £5.20.

£6k profit off a £10k investment...Days like these we only dream of lol.

Lovely day for you. Congrats

So wish I could do that. I work for a fund manager so can't buy and sell within a 30 day period

[Kingdom35]

Zippee said:

So wish I could do that. I work for a fund manager so can't buy and sell within a 30 day period

Wait nooo I wasn't lucky enough to be able to do this either.

I just gave an example of what a £10k example could have netted you.

I'm in the same boat :-( watching from the sidelines sadly

[FredClogs]

86DA said:

MTFB placing to raise 10 million at 31p.

Hopefully it will get going from here.

Roll on completion of the FDA submission.

Is it possible to find out where/to who the shares in this book build went? I know the majority must have gone and been pre arranged to go to the big institutional holders, invesco mostly, but seems a bit unfair as a shareholder not to have been offered shares at 31p.