Share tips thread (Vol 2)

[ferrisbueller]

HarryW said:

Shnozz said:

Just a shame you can’t offset loss making years against your tax.

Assuming we are talking share dealing etc.

You can carry forward losses into future capital gains years though. They can in theory be rolled forward indefinitely.


Edited to add, you cannot roll back losses though. You have to declare it and then you can roll it forward.

Obv the losses have to be real auditable losses not paper ones ??

Edited by HarryW on Friday 20th November 13:15

So you could theoretically sell a share in the red to record a loss to offset against CGT and then buy it back in the hope it recovers later (with a CGT liability obviously)?

[Burwood]

it must be > 30 days to buy back in

[ferrisbueller]

Burwood said:

it must be > 30 days to buy back in

Ah! Excellent knowledge, thanks.

[Burwood]

ferrisbueller said:

Burwood said:

it must be > 30 days to buy back in

Ah! Excellent knowledge, thanks.

You could also sell something in the Black to utilise the CGT allowance in a particular year then buy back in 31 days later

[i4got]

Burwood said:

You could also sell something in the Black to utilise the CGT allowance in a particular year then buy back in 31 days later

Presumably there's nothing to stop you picking either a highly correlated (or even a dual-listing or ADR/GDR ) to store the money in during the 31 days?

[ferrisbueller]

Burwood said:

ferrisbueller said:

Burwood said:

it must be > 30 days to buy back in

Ah! Excellent knowledge, thanks.

You could also sell something in the Black to utilise the CGT allowance in a particular year then buy back in 31 days later

Indeed. I have a spreadsheet set up. Need to be wary of ex-div dates!

[Burwood]

i4got said:

Burwood said:

You could also sell something in the Black to utilise the CGT allowance in a particular year then buy back in 31 days later

Presumably there's nothing to stop you picking either a highly correlated (or even a dual-listing or ADR/GDR ) to store the money in during the 31 days?

If you're sure the Depository Receipt is actually issued outside the UK then the holder is NOT the beneficial owner from HMRCs standpoint

There are various IG index products which mimic equities and which are tax free (spread bets).

[i4got]

Burwood said:

If you're sure the Depository Receipt is actually issued outside the UK then the holder is NOT the beneficial owner from HMRCs standpoint

There are various IG index products which mimic equities and which are tax free (spread bets).

Thanks

[Burwood]

i4got said:

Burwood said:

If you're sure the Depository Receipt is actually issued outside the UK then the holder is NOT the beneficial owner from HMRCs standpoint

There are various IG index products which mimic equities and which are tax free (spread bets).

Thanks

slight tweak-NOT the BO of the underlying common stock

[fishseller]

AirBnB ipo anyone?

[eps]

fishseller said:

AirBnB ipo anyone?

Not sure... Especially in the current climate.

[eps]

Zoetic had a great announcement today! Locked in a bit of profit though, crazy not to.

ETA : auto-correction

Edited by eps on Tuesday 24th November 09:58

[g4ry13]

eps said:

fishseller said:

AirBnB ipo anyone?

Not sure... Especially in the current climate.

They may very well have benefited from the staycation business. Personally speaking, I used them for the first time this year instead of using Expedia and going abroad.

Once things go back to 'normal' they'll benefit from that as well. No idea what sort of valuation they should be but it will certainly be an IPO which people have been talking about for a long time.

[Burwood]

g4ry13 said:

eps said:

fishseller said:

AirBnB ipo anyone?

Not sure... Especially in the current climate.

They may very well have benefited from the staycation business. Personally speaking, I used them for the first time this year instead of using Expedia and going abroad.

Once things go back to 'normal' they'll benefit from that as well. No idea what sort of valuation they should be but it will certainly be an IPO which people have been talking about for a long time.

10X revenue is the valuation. Used by companies who don't made any money. Ridiculous! However momentum could carry them even higher. They'll never make a penny for years to come in my opinion.

[naturals]

I think it'll be the next Tesla. Loads of millennials (and I say that nicely as one myself) on RobinHood will drive the price through the roof irrespective of valuation. FOMO will be big on this one.

Personally, I'm not a fan of the company. The website is fiddly to use, the fees are pretty high, you can often book the identical property through Booking.com with better cancellation terms and a lower price. I just think it's so ripe for competitors taking a share. Not to mention the threat of towns banning Airbnb outright.

[BoRED S2upid]

When is the IPO? Agree that this will rocket. It’s already a global brand as above FOMO will be huge and that’s all that is required for huge gains just look at Tesla.

[g4ry13]

naturals said:

I think it'll be the next Tesla. Loads of millennials (and I say that nicely as one myself) on RobinHood will drive the price through the roof irrespective of valuation. FOMO will be big on this one.

Personally, I'm not a fan of the company. The website is fiddly to use, the fees are pretty high, you can often book the identical property through Booking.com with better cancellation terms and a lower price. I just think it's so ripe for competitors taking a share. Not to mention the threat of towns banning Airbnb outright.

Airbnb was also trying to move into other things like the experiences feature.

Although I imagine the rentals will always be the core business.

[Burwood]

BoRED S2upid said:

When is the IPO? Agree that this will rocket. It’s already a global brand as above FOMO will be huge and that’s all that is required for huge gains just look at Tesla.

no confirmed date, only that it is expected before end of this year.

[p1stonhead]

Aren’t Airbnb being legislated against in a lot of areas much like Uber once came up against

Also from people renting out their homes without telling mortgage companies?

I agree FOMO will be big, but I’m not sure it’s such a sound investment following that. Maybe if you could get in at the IPO and sell fairly quickly.

[fishseller]

FOMO will spike the price but will be over valued imo

https://www.valuethemarkets.com/2020/03/17/airbnb-...