Amstrad Share Discussion Threads

[darrin1471] 08/8/2007 13:03

netcurtains: Are you happy with 150p?

[netcurtains] 08/8/2007 12:45

I've been away.

Has there been an offer for AMT?
If so what price?
and also has it been accepted?

[sue sexy] 08/8/2007 12:38

Darrin,thank you very much for your help,any good tips for penny shares,i mean penny,take care.

[darrin1471] 07/8/2007 14:16

Sue: If your AMT shares are worth more than £9200 you should really talk to an accountant as you are able to use taper relief, transfer assets to your spouse and you may be able to offset the losses on the company who went bust against your profits on AMT. Your CGT is a little more complicated for the shares bought on 06/01/98 as this pre-dates the introduction of taper relief on 05/04/98. You will probably also need to complete a tax return.
Most of my holdings are now held in ISAs so I do not have to concern myself with CGT. The accountant I used to use only cost me a few hundred pounds and my situation was a lot more complicated then selling a few shares. The accountant's costs were more than covered by the tax savings he found.


Take a look here:


"What if I transfer an asset to my husband or wife?
If you sell or give an asset to your husband or wife while you are legally married and living together, that does not give rise to a CGT charge.
If your husband or wife later sells the asset, he or she will work out the CGT at that time by looking at what you paid for the asset."

"Some reliefs are available to many people. For example, taper relief reduces the amount of a gain charged to tax the longer an asset has been held"

"If you have made a loss, you may be able to set that against your gains."

[sue sexy] 05/8/2007 15:02

Hello Darrin,bought one lot in 6/01/98,second 26/01/99 third 16/02/99 not in a isa,married,not sold any other shares,but had one company go bust and lost a packet.

[darrin1471] 05/8/2007 14:40

Sue: There are lots of variables which alter the amount of tax you pay.
How long have you held your shares? Did you buy them in one lump? Have you sold any other shares since April? Are you married? Are they held in an ISA.?
Professional advise could save you a lot of tax.

[sue sexy] 05/8/2007 12:17

Pierre,please do not be sorry for being helpful,i know nothing about these things,i hope i can call on your help again

[pierre oreilly] 05/8/2007 11:26

That's the idea. But to be clear, the 9k CGT allowance is for the gain, not the revenue.

So if you bought £20k, and they are now worth £29k, and you have no other gains, you can sell the lot in one go and not be liable to CGT. (Sorry if you already know this, just thought I'd make it clear just in case).

[sue sexy] 04/8/2007 20:49

Pierre or anybody,if i accept the loan notes,can i sell them each year at my CGT (i think it is £9,200 ) allowence,i am not a business

[pierre oreilly] 02/8/2007 11:25

Yes weatherman, thanks. I've now read the whole release and there definitely won't be any more divis for us. A little unfair since we have held the shares during the time for which the next divi covers (to end jun).

I thought 150p was too cheap a takeout price (too low an exit p/e, too low for the cash held, too low for all the funadamentals and prospects) - but now we are missing out on the divi already earnt, it's even worse - it like a take out price of 146p when the divi is taken into account.

Still, nothing at all we can do about it.

[weatherman] 01/8/2007 17:06

reading the statement it suggested that no dividends would given following the statement.

[pierre oreilly] 01/8/2007 11:54

tanners, although I too sold a few yesterday (bought pic with the proceeds), I'm not certain it is just the difference between the current price and the offer price which is being foregone. Until we get the complete terms, we just don't know whether or not holders will receive any dividend for the period just ended, which could be 4 or 5p.

It's no better than a 50/50 chance we'll get it, it depends on the terms ams negotiated. But in the current climate, a near certain £1.50 per share in a couple of months vs a current 147p minus costs seems acceptable to me, even if we don't get the extra 4/5p divi.

[petralva] 01/8/2007 03:10

sugar sold at the right time...............amstrad is so old school.......much better products elsewhere.

[cwa1] 31/7/2007 16:24

Profits forecast for this year. ON a VERY quick glance looks just above estimates:-

[tanners] 31/7/2007 16:16

worc......can take a few months - I've sold, taken the money and run, rather than wait for for the extra couple of % as I'd prefer to get it re invested elsewhere.

Plenty of other bargains out there!

Edit I should say that the other risk of losing potential upside would be if the offer didn't get sufficient acceptance, and was increased, or a counter bid came in - all extremely unlikely imo.

[worc0670] 31/7/2007 16:07

How long does it take for these things to go through? Can anyone tell me whether I lose anything by selling now (other than about 3p per share).

[pierre oreilly] 31/7/2007 13:25

Sky get it, unless there are other arrangements, which I doubt, in the offer document when it comes.

[sue sexy] 31/7/2007 12:24

Thank you Pierre,and what happens to the large pile of cash that Amstrad built up

[eastbourne1982] 31/7/2007 11:31

all about timing guys and I timed this one perfectly - LOVELY

[pierre oreilly] 31/7/2007 11:25

The loan note is for those who have capital gain(or loss) issues.

You can take a loan note instead of some or all your shares, and flog the loan notes to realise a profit/loss in different tax years, usually to minimise cgt.

[gsands] 31/7/2007 10:15

Well, that was a stroke of luck. Took my profit here and stacked it against losses elsewhere. At least I can smile today on my holiday. Back from France in a week.

[sue sexy] 31/7/2007 09:57

Could someone please tell me what the loan note is all about

[mali7] 31/7/2007 09:53

yes, agree, SKY got this cheap!