Nighthawk Energy Share Discussion Threads

[marmar80] 02/11/2022 17:10

Owners are the winners lads

[philmac56] 02/11/2022 17:09

Management winners!?!!

[helpfull] 02/11/2022 16:07

Losses all around

[sleveen] 01/8/2022 08:05

Treat it as a loss and offset against profits for CGT purposes.

IMHO.

[pjl4] 01/8/2022 07:47

just got a notification re shares being worthless.....can these still be offset again any successes? or other tax gain - CGT

[marmar80] 22/2/2022 01:17

The only derampers turned to be company directors. Perhaps they have secured positions in the company which took over our assets.

[maxwell] 19/2/2022 22:15

Bloody hell - sucked in there - please ignore & back to previous nothing…

[philmac56] 19/2/2022 16:23

Maxwell
Interesting.... can't see a date on that article though.

I just did a search on companies House...



Edit... That article was in 2010..lol

[maxwell] 19/2/2022 15:59

Did not realise Nighthawk still has directors etc……



Just may well be suspended without any value!!

[taxlosstone] 24/2/2021 14:11

Hello! Has anybody got an update as to whether the IR have confirmed we can take HAWK as a loss against capital gains? As we are approaching end of Tax Year I'd really like to know if anyone can help on this?! Thank you...

[linz22] 31/1/2021 05:02

Yes, of course, but a tax loss from when?
Or, for when in the future..?

[maxwell] 30/1/2021 08:30

Of course it’s a tax loss!!!!

[sharesure4] 28/1/2021 13:04

I have asked my accountant to try to get the loss agreed with IR but I haven’t yet had my tax return confirmed by the IR. I am sure my accountant wouldn’t have even tried if he thought it was going to be rejected.

[pjl4] 27/1/2021 22:28

Can the losses accrued with NH be offset against CGT - should anyone have any successes!!?

[philmac56] 12/1/2021 10:10

Well i am bored during lockdown!!!

Happy New year Ex Hawkers!!

well these figures will certainly p you off.

They still have 14 wells producing oil!! at a poor $$$$ now!!!!

All BOPD...data only up to Oct 2020
July...485
Aug...499
Sep...450
Oct...521

Still bored so i looked back at past yearly production!!

2012...... 28,890
2013...... 360,031 some %%% increase
2014...... 707,458 again some %%% increase
2015...... 654,179 the start of the fall!!!
2016...... 482,118
2017...... 404,958
2018...... 317, 128 ...year we got tucked up!! figure for Hawk & D90 Energy
2019...... 264, 086
2020...... 167, 153 to Oct!!
Does it really p you off when you see the small production start to the increase, then the fall!!!

Again Happy New Year Ex Hawkers

[troutisout] 11/1/2021 18:13

You can't have an unlisted share in an ISA, that's why they would remove it.
The AIM listing was cancelled two and a half years ago.

[philmac56] 11/1/2021 14:05

Fwit...
HL moved my nighthawk shares from my ISA into my trading account, where they remain.
HL information suggested you can't have a negating or nil value in an ISA!!!

[troutisout] 11/1/2021 13:24

Quite often the Revenue need a nudge to put Companies on their nil value list.

[rik1224] 11/1/2021 12:40

By coincidence I viewed this page (today) for the first time in ages and see that there have been recent posts from 3 users. I have 2000 shares in Nighthawk which I bought years ago and they have been sitting on my First Direct trading account showing a loss. I contacted First Direct to ask if they could be removed, however they replied stating that HMRC had to declare them of nil and no further value before they would remove them.

I looked at the Negligible Value Agreement List on the HMRC website, but they are not listed. I was going to contact HMRC for further information, but thought I would post here first. I see that Sharesure4 refers to Inland Revenue regarding them as "suspended" and mentions "when I last bothered to look", however I cannot find anything online so I am wondering where to look.

I suppose it does not matter if they remain in my trading account, however that could go on for years and I would prefer to get rid of them! Ironically, if I closed my First Direct trading account, then I assume they would get removed by default and yet First Direct won't remove them now.

[sharesure4] 10/1/2021 16:44

Thanks, philmac. I am pretty certain my accountant has already got the IR to allow mine against gains for the tax return just submitted. Just somewhere I got the impression that the directors were being chased for some damages but I could be mistaken on that and, given the length of time since the company’s assets were sold, any cash for PI’s would seem to be a long lost cause.

[marmar80] 10/1/2021 16:38

Yeah, that court supposed to save company from bankruptcy, but didn't and what's worst, allowed for all assets sale at price matching the debt. If they would agree for a few millions more, then we would get something back too.

[philmac56] 10/1/2021 15:50

Sharesure...

The shares still show in my HL account as you suggest as suspended!!!

The shares I had in my ISA, have been moved into my trade account!

As they are still suspended, they can be regarded as a loss by I Rev I assume!!

But I do think all hope us lost!!!

[sharesure4] 10/1/2021 14:35

Is there still the remote possibility that any litigation will produce any return at all on this or has that disappeared along with the company? The Inland Revenue still regarded this as suspended (as in TFBUNDY)as opposed to bust when I last bothered to look.