Arria Nlg Ords Share Discussion Threads

[drew lonmenob] 26/10/2022 09:08

your bedsit

[kidknocked] 26/10/2022 08:41

Which house are you referring to ?

[drew lonmenob] 25/10/2022 21:14

You must be worried. You'll need to put the heating on soon. How will you afford it ?

[drew lonmenob] 25/10/2022 21:13

Hey kidbroke you muppet

[kidknocked] 25/10/2022 17:53

Shut up Rackers you tit.

[kidknocked] 25/10/2022 17:53

Very very wrong little fella. Arria is alive and well. Try again.

[psychochopper] 20/10/2022 18:39

It’s bordering on absurd that they should be talking about capital, let alone gains. How these morons ever came by any, other than by a legacy from a dotty aunt or performing some business in Baltimore, is an intrigue to be solved.

[drew lonmenob] 18/10/2022 13:13

it is absolutely hilarious that some clowns here are talking about cgt


keep dreaming lads

[windhill] 15/10/2022 22:54

No Monty. You don't pay US CGT. BUT- If you are NZ tax resident and your invest in a US based stock you pay FIF. Especially if your investment moves from NZ resident to US resident as Arria intends to do. This acts like a Capital gains tax. You have to pay carry-costs annually. So if you bought Arria at 1.25 in NZ and suddenly it's $2 a share but US listed you could be hit with a tax bill that year. Even if you don't sell the shares. That's why I suggest Arria sharehders get advice. Details at NZIRD site here - https://ird.govt.nz/foreign-investment-funds

[montynz] 14/10/2022 03:12

and this in the same article

Capital Gains
Nonresident aliens are subject to no U.S. capital gains tax, and no money will be withheld by the brokerage firm.
2

However, this does not mean that you can trade tax-free. You will likely need to pay capital gains tax in your country of origin.

[montynz] 14/10/2022 03:08

i am not sure Winndhill - i have just looked up this question and the advice is no we dont pay a capital Gains tax

Do Non-U.S. Citizens Living Abroad Pay Taxes on Money Earned Through a U.S. Internet Broker?
It depends. The tax implications for a foreign investor will depend on whether that person is classified as a resident alien or nonresident alien by the U.S. government. A person must meet several guidelines to be considered a nonresident alien

The tax rates can vary depending on the type of investment for nonresident aliens. For example, investments in the U.S. are not subject to capital gains taxes, but they will be taxed in your home country.2 However, certain nonresident aliens—nonresident alien students, scholars, and employees of foreign governments and international organizations—who are in the U.S. for more than 183 days during the taxable year are subject to a 30% capital gains tax—assuming that their tax home has shifted to the U.S

[windhill] 13/10/2022 19:03

Kiwi investors in Arria should get tax advice on this proposed US listing. Remember you pay capital gains tax, and even income tax on overseas investments. This wasn't the case with the joint NZX/ASX listing. Currently a NZ private company, if Arria shifts to the NYSE or Delaware- you could get the tax bill before you have even sold your shares. Another example of this nepotistic band of ex-cons milking the NZ unwary to maintain their US-based lifestyles ...

[windhill] 06/10/2022 09:23

Good idea.

[drew lonmenob] 06/10/2022 07:00

kidnocked conspicuous with his absence

funny that.

[montynz] 06/10/2022 03:18

maybe a few shareholders should write to Arria and request an information / status / end of year wrap up in the form of a newsletter - one shareholder doing so doesnt seem to have any impact but several shareholders asking for a newsletter / communication on what is happening may get their attention. Thoughts anyone?

[windhill] 05/10/2022 06:39

Of course the danger with the Arria team is they pay for expensive advice on 'How to List' from third rate advisors in the US and spend a lot only to fail at a fence wiser advisers would have steered them well clear of. Has happened with every listing windmill they have tilted at to date ...10 years and counting.

[windhill] 05/10/2022 06:36

Monty. You are spot on. For the credibility of a NYSE listing Arria has to navigate a series of condition precedent gates. A handy guide at this link: https://www.google.com/url?sa=t&source=web&rct=j&url=https://www.nyse.com/publicdocs/nyse/listing/NYSE_Initial_Listing_Standards_Summary.pdf&ved=2ahUKEwii3vPvu8j6AhVCDrcAHaf7CZgQFnoECCsQAQ&usg=AOvVaw1nhkutu_QTxEYj716tvRhj

[montynz] 05/10/2022 01:42

I agree Windhill. Arria should provide an update on how the financial year went - and a general update on the activity - highlights and low-lights of the past 12 months - Number of clients - gains and losses and the updated outlook for the next 12 months - I expect nothing (therefore wont be so disappointed) and an update on the IPO on the NYSE (has anything changed. Does the NYSE have required timeframes for listed companies - if so and for credibility Arria should be adhering to those same timeframes for end of year financial reporting.

[psychochopper] 04/10/2022 08:52

Some people believe in an afterlife - perhaps a second opportunity for the IPO.

Well, if nothing else, a motivation to live the current life in a Godly manner.

[windhill] 04/10/2022 04:35

It's October! Results for FY22 pending for Arria. Will we see accounts before Christmas? Did the growth bond issue ever close? Has management or the board given an updated management report or quarterly update to investors? Anyone? Cue the crickets...

[windhill] 19/9/2022 06:18

Maybe I'm missing a page but there are no advisor signatures on the bond issue relating to accuracy of forecast. Certainly no accounting firm has approved the pro formas. Arria clearly making revenue now, but all one has for assurance is the view of the company's own leadership. That team has missed every target they have promoted across the last decade. Pinch of salt on every utterance my suggestion - until they release actual audited accounts for 22.