ScrumpyJack’s Activity

Thu May 21

NL

Boards Post

ScrumpyJack replied to the Paulypilot's Pub - Share Ideas board. 11:40

Re: Plus500. The Fall From Grace?

Yes InTheHighlands, I do recall that they outsourced the brewing, but they are still a substantial business with loads of assets and a competitive advantage (their pubs!). Not sure if they still have the carthorses though! There are real businesses [more]

NL

Boards Post

ScrumpyJack replied to the Paulypilot's Pub - Share Ideas board. 11:22

Re: Plus500. The Fall From Grace?

I've been thinking about AIM companies in general lately, and was trying to think of an AIM company in history that ended up having a decent sized moat or competitive advantage.

What about Youngs Brewery? Loads of London property, [more]

NL

Boards Post

ScrumpyJack replied to the Bert's Investor Sanctuary board. 09:57

Re: I LOVE GILTS. is it just me???

It is rather simplistic to think of Equities as an asset class. Shares are really just wrappers, it depends entirely on what the company invests shareholders money in and how it manages that investment. The company could just invest in Index Linked [more]

Wed May 20

NL

Boards Post

ScrumpyJack replied to the Selftrade Products & Services board. 13:46

Re: cant trade

Moving is such a fag and can you imagine how they would cock that up on current form ?

My wife and I moved our ISAs from Selftrade to Hargreaves Lansdown with no problem at all. We each filled in a downloaded HL form and sent one [more]

NL

Boards Post

ScrumpyJack replied to the Investment Strategies board. 07:09

Re: Portfolio Risk Assessment

You cannot avoid the stamp duty.

You can with most ETFs. They don't pay it being based in Ireland, and I seem to recall Osborne introduced the same exemption for UK based ones a while ago to attract them. There is certainly no stamp [more]

Tue May 19

NL

Boards Post

ScrumpyJack replied to the BHP Billiton PLC board. 13:51

Re: What is the GBP price of South32?

In effect yes but the dividend declared is not a sum of money, it is 1 South32 share for each 1 BLT share held.

For UK tax purposes the amount of the dividend in this sort of situation is normally based on the share price at the end if the [more]

NL

Boards Post

ScrumpyJack replied to the BHP Billiton PLC board. 12:06

Re: South32 shares - when do I get?

I have a share dealing account with iWeb with a good chunk of BLT, and they say the demerged S32 shares will not appear in my account until after 26th May.

Seems a long time to wait.

Is this others'
[more]

Mon May 18

NL

Boards Post

ScrumpyJack replied to the BHP Billiton PLC board. 13:05

Re: South32 - Commencement of Trading

No, that document sets out the ongoing position re South32.

The BHP document setting out the demerger details is
[more]

NL

Boards Post

ScrumpyJack replied to the BHP Billiton PLC board. 11:28

Re: South32 - Commencement of Trading

Yes, according to the prospectus UK shareholders are treated as if they had received a net dividend of the value of their South32 shares (presumably based on the 1st day closing price of south32) and the CGT acquisition cost will also be that amount. [more]

NL

Boards Post

ScrumpyJack replied to the BHP Billiton PLC board. 10:19

Re: South32 - Commencement of Trading

However, I thought South32 was getting around 10% of the BLT assets and this seems a little lower?

The assets in South 32 are apparently less attractive and include some with higher political risk, hence it was expected that they [more]

NL

Boards Post

ScrumpyJack replied to the BHP Billiton PLC board. 10:03

Re: South32 - Commencement of Trading

The effect is actually a net rise as BLT have gone ex South 32, and only fallen 61p, but South 32 are apparently trading at about 105p (and issued on a 1:1 basis)

Sat May 16

NL

Boards Post

ScrumpyJack replied to the Selftrade Products & Services board. 20:31

Re: Closed account?

Yes with my transfer from Selftrade to HL the cash was moved a couple of weeks after the shares. i didn't have to do anything

NL

Boards Post

ScrumpyJack replied to the Investment Trusts & Unit Trusts board. 17:10

Re: Are AIC stats a con?

The FTSE 100 constituents are revised quarterly so there may be some time for a collapsing company to be included after the point its market cap has fallen well below the entry level.

Also it excludes strongly growing companies not yet big [more]

Thu May 14

NL

Boards Post

ScrumpyJack replied to the BHP Billiton PLC board. 18:55

Re: Demerger Dividend

What TD say in their notification is:

"South32 intends to maintain a listing on the ASX, JSE and the LSE. There is no certainty as to the price of
South32 shares after the Demerger. As settlement of South32 Shares cannot occur
[more]

NL

Boards Post

ScrumpyJack replied to the BHP Billiton PLC board. 11:23

Re: Demerger Dividend

Yes it's only about selling now, and disposing of your shares with minimum costs. We'll just have to wait and see what happens, but I'll hang on to mine for a bit and then probably sell when things have settled done as it will be a relatively small [more]

NL

Boards Post

ScrumpyJack replied to the Property - Markets and Trends board. 09:33

Re: Productivity depends on houses?

Builders can and are increasing productivity. Persimmon for example has put a lot of effort into prefabrication to increase productivity

[more]

NL

Boards Post

ScrumpyJack replied to the BHP Billiton PLC board. 08:51

Re: Demerger Dividend

Per the prospectus, South32 shares will be fully listed on the London Stock Exchange with dealing to start in a weeks time.

The facility to get BLT to sell your South32 shares for you and give you the proceeds, in theory is available to [more]

Tue May 12

NL

Boards Post

ScrumpyJack replied to the Investment Trusts & Unit Trusts board. 14:50

Re: Alliance Trust not an investment trust?

The concerns raised about Alliance are real, investors have the simple option to sell Alliance.
Why bother to try and change the trust ? Simply avoid it.


There is at least £500m of discount to NAV because of the current [more]

NL

Boards Post

ScrumpyJack replied to the Property - Markets and Trends board. 12:16

Re: 'Owning a home is falling out of fashion....'

I suspect that among the factors causing this are;

Increased labour mobility. People move more from job to job and renting is much more flexible than buying.

One off costs of buying. There are a lot of transaction costs in buying [more]

Show More Activity ...

Boards Stats & Trivia

Big red star, 1000 posts
Board Posts 1319
Recs Received 4680
People who have rec'd these posts 1035
Recs to Posts Ratio (last 30 days) 2.30
Threads Started 48
Threads Started Percentage 3.64 %
Most Frequent Board Equitable Life Support
Very First Post Re: Article: Whitbread Goes Teetotal (19/10/2000)
Percentage of Posts Rec'd 73.39 %
Show ScrumpyJack’s 10 Latest Posts