ScrumpyJack’s Activity

Yesterday

NL

Boards Post

ScrumpyJack replied to the Standard Life plc board. 16:06

Re: Return of 73p B/C Scheme & Consolidation

Would I be right to conlcude that if my shares SL are worth 50% more than i originally paid, then my capital gain if I eletected for that option, would be 50% of the number of shares x by 73p?

Your 'cost' for CGT purposes will be [more]

Thu Feb 26

NL

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ScrumpyJack replied to the High Yield - HYP Practical board. 10:09

Re: Is Premier Farnell Still a Buy?

I haven't looked into this company in any depth but it is hard to see how it can really prosper long term. As I understand it it is basically a wholesaler of electrical components to UK businesses. That is hardly likely to be a sector to show [more]

Wed Feb 25

NL

Boards Post

ScrumpyJack replied to the Bert's Investor Sanctuary board. 16:45

Re: Greek Plan B

Osborne's recent repayment of 1st world war debt was about headline and OAP votes grabbing, not repayment of debt.

No, interest rates have fallen so low he can now borrow at a lower rate than HMG was paying on 3.5% War Loan, so it [more]

Sat Feb 21

NL

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ScrumpyJack replied to the Paulypilot's Pub - Share Ideas board. 18:41

Re: Winnifrith on QPP

The people who are behind this petition may be wrong in objecting to what he writes about Quindell but their general point seems correct.

Personally I don't like his coarse language and hyperbole, and his track record as a director [more]

Fri Feb 20

NL

Boards Post

ScrumpyJack replied to the Paulypilot's Pub - Share Ideas board. 14:23

Re: Takeover query

The compulsory acquisition rules apply to each class of shares, not just ordinary shares. So if the bidder has managed to acquire 90% of a particular class of preference share, as I understand it, he can then compulsorily purchase the [more]

NL

Boards Post

ScrumpyJack replied to the Paulypilot's Pub - Share Ideas board. 10:12

Re: Takeover query

in general no-one has a right to purchase preference shares at any particular price.

But in a takeover non acceptors can be compulsorily bought out as long as 90% have accepted.

NL

Boards Post

ScrumpyJack replied to the Standard Life plc board. 10:10

Re: Finals

Final dividend of 11.43p making a total of 17.03p, up 7.8%, for the year

But you only get it on 9/11ths of your shares because it applies to the shares you hold after the share consolidation, being done re the cash return of 73p per [more]

Thu Feb 19

NL

Boards Post

ScrumpyJack replied to the Paulypilot's Pub - Share Ideas board. 20:07

Re: Capital for Colleagues

yes very enthusiastic no doubt. If I can just give a bit of advice and its one I remember I think from Carmensfella who said he never meets any Directors - cos they are all nice and will sing you a positive song. I don't think I have met one yet [more]

NL

Boards Post

ScrumpyJack replied to the Paulypilot's Pub - Share Ideas board. 18:47

Re: Takeover query

Presumably (if we are talking about a hypothetically profitable company) the new owners would want a return on their investment at some stage, rather than simply a capital gain? But also; again, look to the specific terms of the pref shares - [more]

NL

Boards Post

ScrumpyJack replied to the Paulypilot's Pub - Share Ideas board. 14:41

Re: Takeover query

The individual holders of the prefs have a choice as to whether to accept the bid, but if 90% or more of the pref holders accept they are forced to sell. The risk of refusing the bid is that they then hold prefs in a subsidiary of the bidding company [more]

NL

Boards Post

ScrumpyJack replied to the Paulypilot's Pub - Share Ideas board. 13:46

Re: Takeover query

It's entirely up to the bidding company whether they also make an offer for any or all classes of preference shares and at what price they bid. I had one case where I held prefs and the bidder also bid for them, at a rather unattractive price, but as [more]

Sun Feb 15

NL

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ScrumpyJack replied to the Selftrade Products & Services board. 18:00

Re: Limit Trades

That's a shame, there's little chance of it being fixed if you don't report it

There seem to have been so many issues AFTER we have moved to a supposedly stable operation, that I have no confidence now in either Selftrade or Equiniti [more]

Fri Feb 13

NL

Boards Post

ScrumpyJack replied to the Pensions - Self-Invested - SIPPs board. 16:39

Re: Getting ready to retire, looking for advice

The old advice to move progressively into Bonds as you get nearer to retirement was based on A) Bonds being secure and B) Bonds giving a reasobale if not exciting return.


Anyone who has looked at the history of inflation since [more]

Thu Feb 12

NL

Boards Post

ScrumpyJack replied to the Paulypilot's Pub - Share Ideas board. 07:53

Re: Naibu shares suspended

"The Non-Executive Directors of the Company have requested suspension of its shares pending clarification of its trading position."

I thought there was some doubt whether it had ever actually traded or was simply a scam?

NL

Boards Post

ScrumpyJack replied to the Bert's Investor Sanctuary board. 07:21

Re: Greek Plan B

Europe needs Greece more than Greece needs Europe.

Oh dear, what are they on? Even though I read Classics at University, I really can't see why 'Europe needs Greece'!

I suppose we don't want another 'failed state' on our [more]

Tue Feb 10

NL

Boards Post

ScrumpyJack replied to the Bert's Investor Sanctuary board. 17:42

Re: Europe/US mk2

When I read Podemos's idiotic manifesto, if I were Herr Schauble or Mrs Merkel, I would think there is a lot to be said for kicking Greece out of the euro 'pour encourager les autres'. When Greece collapses and people thinking of supporting Podemos [more]

Mon Feb 9

NL

Boards Post

ScrumpyJack replied to the Equitable Life Support board. 19:42

Re: Guido Fawkes and ELAS

Dare I say that in my view, either the board of EMAG have very poor judgement if they think it is in the interests of poor and elderly ELAS members to continue paying them subscriptions, or they are being dishonorable (to put it as politely as I can) [more]

NL

Boards Post

ScrumpyJack replied to the Pensions - Self-Invested - SIPPs board. 18:40

Re: will these changes survive a change of gover

I can see that if more money is drawn from pension pots on which income tax is paid, that is an advantage to the exchequer and the increase in consumer spending is an advantage to the economy. But I can't see why, if you die before reaching 75, your [more]

NL

Boards Post

ScrumpyJack replied to the Investment Strategies board. 17:48

Re: Family Firms Folio - 6th Anniversary Review

Generally agree that there is a lot to be said for investing in good family firms where management and their families have substantial shareholdings. The big danger, however, is when control moves from one generation to the next. Many family firms do [more]

NL

Boards Post

ScrumpyJack posted to the Pensions - Self-Invested - SIPPs board. 16:19

will these changes survive a change of governmen

It's only 3months till the election. Are these changes likely to be reversed by a labour government?

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Boards Stats & Trivia

Big red star, 1000 posts
Board Posts 1214
Recs Received 4470
People who have rec'd these posts 998
Recs to Posts Ratio (last 30 days) 5.30
Threads Started 47
Threads Started Percentage 3.87 %
Most Frequent Board Equitable Life Support
Very First Post Re: Article: Whitbread Goes Teetotal (19/10/2000)
Percentage of Posts Rec'd 74.30 %
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