Cleardebt Share Discussion Threads

[moreforus] 14/9/2011 13:20

so this week

send the boss a mail and ask

[barnsey] 14/9/2011 13:18

Last two years friday 17th and thursday 17th so my guess friday 16th?.

[moreforus] 14/9/2011 12:57

23rd??

unemployment UP

[pugg1ey] 14/9/2011 12:56

when are results due? must be soon

[barnsey] 14/9/2011 12:22

Strange time to be selling or is it?.

[eye2] 13/9/2011 20:37

both live trades on LSE nothing showing as delayed, it would if there was one.

[pugg1ey] 13/9/2011 18:30

could one of them be a sell from yesterday or does the trade time have to be reported?

[barnsey] 13/9/2011 18:28

Looks like more buying late on 425k
which makes total buying today of
848,346 and no move in share price.

positive all the same.

[saucepan] 13/9/2011 18:02

Well spotted, barnsey, re fairpoint. Interesting!

[barnsey] 13/9/2011 09:02

noticed no change in price unlike 2000 sell yesterday lol.

[moreforus] 13/9/2011 08:58

no one noticed the 423k buy??

[barnsey] 13/9/2011 07:42

Interesting comment taken from fairpoint interims announced today which will
see a cheque coming cleardebts way the amount of iva cases they carry out.

We are in discussions with HMRC and creditor representatives over the refund of VAT charged on IVA services following a recent court ruling in a similar context. Management expects this to result in a cash payment to the Group in the range of GBP5million to GBP9 million, with a material proportion of this payment generating an exceptional gain in revenues and earnings, although the precise timing and quantum are currently uncertain.

VAT

On 21 July 2011 HMRC indicated that it would not appeal the decision taken in "HMRC vs Paymex" on 22 June 2011 which ruled that fees for services within IVA's charged by Paymex should be treated as exempt from VAT.

The Group submitted a VAT refund claim to HMRC based upon the Paymex ruling, on 31 August 2011. Our claim relates to net VAT payments since 1 June 2007 amounting to approximately GBP9million.

The potential repayment by HMRC of VAT will result in cash being distributed to creditors through IVA cases as additional realisations and to the Group as fee income. Management expect that these exceptional fees will be material although there remains uncertainty as to the timing and value of any future revenue benefit. The final outcome is currently subject to ongoing discussions with HMRC and creditor's representatives

[barnsey] 12/9/2011 18:54

ClearDebt a safe haven for our cash over the next few years i believe.



Research economist at IFS Robert Joyce said: "As in other developed countries, the most severe consequences of the recession on UK living standards have only just begun to be felt and will continue to be felt for years to come."

Such a situation could place a major strain on those already struggling to pay their debts back, while pushing others into debt.

[active trader] 12/9/2011 12:48

me and my big mouth!!!

[active trader] 12/9/2011 11:12

their looking for any reason to mark things down even £50 sales

[pugg1ey] 12/9/2011 10:55

kiss of death but on a trade of £50

[active trader] 12/9/2011 09:48

nice to see MM are scared to mark this down today. given the market this morning

[saucepan] 11/9/2011 23:37

Thanks, barnsey. I wonder what dhamilton was referring to?

[pugg1ey] 09/9/2011 15:38

ffs

real prices?

[pugg1ey] 09/9/2011 13:37

can we just have the proper spread please mms?

now 5v3 after 100K buy

[saucepan] 09/9/2011 12:46

Nice tick up. I'd appreciate a summary of the Shares mag write up, please - if only the gist. I am not too miserly to buy a copy, it is just that I don't live near a newsagent.

[pugg1ey] 09/9/2011 08:46

nibble, nibble

people starting to get peckish?

[moreforus] 09/9/2011 07:56

did they give a 20p target?

[dhamilton] 09/9/2011 07:55

No mate, to both questions. lol