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MDY Mdy Healthcare

10.00
0.00 (0.00%)
28 Mar 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Mdy Healthcare LSE:MDY London Ordinary Share GB00B1VJNC59 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 10.00 - 0.00 00:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

MDY Healthcare Share Discussion Threads

Showing 83501 to 83525 of 83800 messages
Chat Pages: 3352  3351  3350  3349  3348  3347  3346  3345  3344  3343  3342  3341  Older
DateSubjectAuthorDiscuss
03/4/2012
08:22
Payment on April 10th chaps...52p per share.
hotfinance14
02/4/2012
22:14
It would have been clearer to me if the price had been marked down ex 52p.
russman
02/4/2012
10:47
Why if they are paying 52p back to shareholders on the register 30th March 2012, is the share price at 50p + today? What is to stop you selling today and still receive the return of capital?
heaven
28/3/2012
12:47
Heavy trading and with the price up indicates more buys than sells, any reason when the main asset has gone and MDY will be soon de-listing, strange
sweepie2
26/3/2012
12:53
Doug, Glad it was useful.

Does anybody here think MDY shares may have any residual value once they have completed the pay back of Medivance and Stanmore capital gains? I am just wondering if another company might be interested in buying whats left for the tax losses? Like most on here I don't ever expect to get all my money back, but as they say at Tesco 'every little helps'

gadolinium
26/3/2012
08:04
Gandolinium, Thanks very much for that - I had thought all the same info was in the RNSs but clearly not doh! - and I hadn't read that doc as I don't get it direct...very useful....I wonder if/when they will get anything from HMRC - prob next year if the past is anything to go by!
dougcsv
24/3/2012
10:44
Aberdeen_Angus

Hopefully the 52 p will be treated as a return of capital, rather than a dividend payment, in which case most private shareholders will have no tax liability since most have made a capital loss on their share purchases. The tax position is set out in paragraph 8 (below) of the letter to shareholders sent on 14.02.12 and available on the company website:

'TAXATION
The tax treatment of the proposed return on capital will vary depending on a number of factors including tax
residency and whether you are an individual or corporate shareholder. Outlined below is a high level analysis
which is to act as a guide only. The information below does not constitute tax advice and is intended only as
a guide. The Company recommends that all Shareholders consult an appropriate professional adviser
to provide advice on their individual tax position.
It is proposed that the return of capital should constitute a capital payment for UK tax purposes. However, the
tax treatment of payments in respect of returns of capital can be complicated and therefore the Company
intends to seek confirmation from HMRC that it agrees with the capital treatment of the proposed return of
capital. Confirmation of this point by HMRC will depend upon them being satisfied that the payment reflects
a return by the Company of share capital (including premium) that was originally fully subscribed for and that
it is being repaid directly from share capital.
UK Individual Shareholders
If the return of capital is confirmed by HMRC as being a capital payment, then it will be necessary to perform
a part-disposal calculation in respect of the proportion of shareholding being repaid. Any gain arising should
be subject to capital gains tax, currently at a maximum of 28 per cent. UK individual shareholders have an
annual exemption (currently £10,600) to offset against capital gains arising in the tax year. If the part-disposal
calculation results in a loss this can be used by the individual to offset other capital gains arising in the year
or can be carried forward to offset future capital gains.
If the proposed return of capital is treated as dividend income rather than the capital treatment outlined above
then the proceeds received would be subject to income tax. This would be taxed at the individual's highest
rate for dividends (10 per cent, 32.5 per cent or 42.5 per cent for basic, higher and additional rate taxpayers
respectively). The individual will receive a tax credit of 10 per cent which means that a basic rate taxpayer
will not pay any additional tax on their dividend income.
UK'

No advice intended of course,dyor etc.

gadolinium
23/3/2012
12:55
Wont the shares stop trading by then ?
hotfinance14
23/3/2012
09:28
The 52p is a dividend hotfinance14. So after this dividend (52p gross 30p net) has been paid are we expecting the price to drop down to less than 10p a share?
aberdeen_angus
19/3/2012
20:57
and they are worth every penny.

impo/dyor

jimmyloser
19/3/2012
20:52
7% dilution !!
dinky rinky
19/3/2012
12:14
Sound imo
jimmyloser
19/3/2012
12:08
Thanks Jimmy ive read it think i will hang on.
gipps
19/3/2012
11:09
You would be totally nuts to sell up now -impo and dyor on Stanmore.

If you need the cash then you have to take it.

Read the RNs's

jimmyloser
19/3/2012
11:07
So can anyone tell me after i take my 52p and they then delist does it mean that it would be a nightmare to try and dispose of my shares in the future or are they not really worth keeping so might as well sell up now?
gipps
12/3/2012
14:18
Act in haste and repent at leisure!

Story is only half told.

impo/dyor

jimmyloser
11/3/2012
04:12
AA,

You're probably a tad late to "vote against it" see latest RNS - EGM Statement!

forcemode
10/3/2012
14:39
Hot, did you not read the stuff I posted - I'd advise you to consult an accountant - I have - to verify.

AA might I enquire if you have made your own enquiries regarding the Tax treatment of this - if so what were you told ?

dougcsv
10/3/2012
14:31
You only pay tax on profits ? Have you made a profit in Mdy ?
hotfinance14
09/3/2012
14:21
Would it not be a better move to keep the 52p divident payment within the company and look for a buyer for the whole of MDY together with other assets and potential tax credits? The problem with the divident payout is that after 40% tax its real value is down to just over 30p a share. I might vote against it.
aberdeen_angus
08/3/2012
13:33
A lowering of offer price and closing of the spread might attract some more interest.
aberdeen_angus
02/3/2012
14:56
A string of buys going through again today. Is Grahame Cook mopping up all the spare shares? A tick up to 65p shortly?
aberdeen_angus
02/3/2012
14:48
dougcsv,I agree with hotfinance that payment is 10th april,just read the release. :)
gb234
02/3/2012
14:00
I know that - I can read !!
dougcsv
02/3/2012
10:38
Payment is on 10th April Dougie.
hotfinance14
Chat Pages: 3352  3351  3350  3349  3348  3347  3346  3345  3344  3343  3342  3341  Older

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