Hameldon Res Share Discussion Threads

[chrissh] 13/12/2010 21:21

thanks marab

[marab] 13/12/2010 21:15

chrissh - No. HMRC say you can invest in,

"A. Stocks and shares ISAs can include:

* shares and corporate bonds issued by companies officially listed on a recognised stock exchange anywhere in the world ".

HMRC(Her Majesty's Revenue and Customs) do not recognise AIM, so you can't put AIM shares in an ISA (though they can go in a SIPP), UNLESS it is also quoted on a recognised stock exchange. PAF is an example of this.

There are many other things you can put into an ISA and the following link might be useful. Long term subscription shares such as BRNS might be worth considering.



Hope that helps and, especially when dealing with HMRC, don't take any posters word for it. Always DYOR. Double check for yourself on the link above. If you have a share ISA account already try adding a stock to it that you know doesn't qualify, like this one, and if it doesn't accept the stock then that should be a good guide to see if any other stock is ISA-able. There are a lot of posts out there complaining that some ISA providers will accept stock X and others won't. Hopefully the worst case scenario would be that you would have to sell the stock out of your ISA if the HMRC complain about it. Again, don't take my word for it.

[chrissh] 13/12/2010 20:51

Can these be traded in an ISA by any chance ?

[marab] 13/12/2010 19:39

leedsu36 - Every one helps, appreciate the effort. It looks like 1.9m traded(including PLUS) with a maximum of 200k sold, giving a net 1.7m buys. Since there should be a sell for every buy I am guessing that there is a big sell order being worked. Or some of the buys are sells which would give a spread of 0.002p which hardly seems worth the effort for the MMs. I know prices tend to be higher on Mondays but even so it would appear that most investors are just holding to see what happens next. Who knows what Ascot will do on an AIM listing but it seems worth waiting here to find out.

There are quality investors out there who watch the actual buy and sell prices to get the correct spread and totally ignore the quoted prices. Sometimes you can be pleasantly surprised by the real prices. Well worth doing a dummy quote now and then in a share that interests you. A skill I am working on, but a long way to go yet. It is truly amazing how the MMs can make it look like a share price is moving up and down when all they are doing is changing the bid and the actual buy and sell prices stay in the same narrow range.

[leedsu36] 13/12/2010 18:48

Just tryin to get you to 100 posts marab,but it does bug me big style when buys show as sells.

[marab] 13/12/2010 16:16

sphens - I would guess the 148,000 at 0.85p

[leedsu36] 13/12/2010 16:04

Sphens,i'm not doubting you,but how do i confirm that?

[sphens] 13/12/2010 15:30

All buys except one

[marab] 13/12/2010 13:19

Over 1.3 m shares traded on LSE at 0.865 - 0.87p. Either they are all buys or that is one very narrow buying/selling range.

[marab] 13/12/2010 11:23

Got a reply from Athol regarding investment updates. Make of it what you will. Creates more questions than it gives answers, so back to wait and see. I think I would be happier if TW was the one deciding the future news flow but maybe the BOD will give us the info we would like to see. Don't bother checking the website because there is nothing new on it.

"Dear Marab,

Thank you for your email. The Board hope to update shareholders on a regular basis through regular RNS statements and I would encourage you to refer to Athol's/Hameldon's website (for the time being) and contact the individuals listed in the announcements.

Kind Regards,

AtholGold Administration Team"

[marab] 13/12/2010 08:36

Looks like total buys of 450,000 at the moment with most at 0.868p.

[marab] 13/12/2010 08:26

285,000 gone through at 0.868p. Shown as a sell, but I can buy right now £1,000 worth for 0.87p so good chance that that was a buy. Limits showing as 0.85 - 0.9p, so buys going through at less than the mid price and giving the impression that folks are selling. 927 on the view counter here now, which is quite good because probably only 847 of them were mine.

[marab] 13/12/2010 07:56

Morning all. About 70% of the time share prices go up between November and February. The last couple of years have been mucked up somewhat by the banking fiasco, so who knows what will happen this year. Not long to find out. It's always interesting to watch the MMs move the bid and offer price around to give the impression there is some action on the price. If all they do is drop the bid price it drops the mid price and looks like the share is falling. When in doubt put in a dummy quote. If the share price stays at the same level as last week I would be more than happy. Bit of news on the other investments and we could get some movement.

[marab] 12/12/2010 16:59

scotty1 - Cheers. I want to know what else we are invested in here. I don't expect instant large profits on every deal like Ascot, but it would be nice to be able to track the others. At the moment the NAV can only be calculated on the Ascot share price and the balance of the cash from the two fundraisings.

[scotty1] 12/12/2010 16:47

Marab the article is from T.W this weekend.

[marab] 12/12/2010 16:44

"marab - 8 Dec'10 - 10:58 - 15 of 72 edit

WINS currently offering shares at 0.71p, then Xcap at 0.85p. SCAP 0.7p bid. Looks like some of those in at the placing price are happy with their 15% profit. I do love a good overhang."

5 hours later the price jumped. I wonder if anyone bought some after seeing that post. Probably not, but it was a good example of what happens when an overhang disappears. The prices looked like WINS had a lot of stock to sell and none of the other MMs had any. Next time you read on a BB that someone is talking about an overhang it might be worth a look. Bear in mind that just because someone says there is one doesn't make it fact.

Soon be time for another week of fun and frolics, best of luck to us all. Be nice to have a good run up to Christmas. Who knows, I may even have a reply from the BOD of HRE by then.

[marab] 12/12/2010 16:30

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[marab] 11/12/2010 13:39

Re CGT the following might be useful to some here. O/T ? Hopefully not if Athol performs as I hope.

Honest crust - 11 Dec'10 - 13:06 - 1266 of 1267 (KEFI thread)

You are able to roll over losses (no limit) from year to year and I believe that you are able to go back 5 years.
So if you have sold at a loss then you can offset to any current or future gains.
HC

n_w_b - 11 Dec'10 - 13:07 - 1267 of 1267

Panama,

You can offset previous Tax years losses(up to 5 years ago) when doing your Tax return, as long as you've notified HMRC before. It's 7 if you haven't filled a tax return in prior years.

HMRC site has an explanation:

I've done this before and it's quite easy.

I use this site, which does all the calculations and even tells you how to download your trade data from the common Online trading platforms and then automatically formats it :

So if you have losses back to 2006/7, you can claim them back in your next return.

Send a covering letter to HMRC requesting your intention and provide a copy of all trades and how you made your calculations. The CGT calculator above does everything for you, so I just send everything it produced and as a double check, sent the trade data that I put into the calculator.

How to use the CGT webpage.

1) Go to the conversion page and it shows you how to get your trade data from your online account

2) Place trade data in box and press convert button

3) Copy the resultant data and put it into

4) Press Format/Sort button

5) Then Press Calculate button

[marab] 11/12/2010 13:20

Click on Logos Below to go to Websites

[marab] 11/12/2010 11:00

I have been asked how many performance shares TW (TIM) will qualify for if the share price doubles. The answer is - none. TW gets rewarded on the value of the NAV and the share price doesn't come into at all. Good definition of NAV on

"The total value of a company's assets less the total value of its liabilities is its net asset value (NAV). For valuation purposes it is common to divide net assets by the number of shares in issue to give the net assets per share. This is the value of the assets that belong to each share, in much the same way that PE measures profit per share."

TW example from the Q and A session in the heading.
A. It is NAV per share that you should look at. If the company has £100 and 100 shares and it raises another £200 at £2 a share then NAV goes to 1.50 per shares which is GOOD for shareholders. If it raises another £200 at 50p per share then NAV per share goes to 60p. That is bad.

The share price is only a reflection of how investors look at the future potential capital and/or dividend growth of the stock. If TW can keep doing deals like the Ascot one you could reasonably expect the share price to be higher than the NAV. Many investment trusts and companies have a price less than the NAV, some up to 50%, depending on how popular the area of investment is. SVE's share price for example had a large discount to NAV the last time I looked but has a portfolio of good shares. What will make the difference here, in my opinion, will be regular updates on what TW is investing in so we can follow his progress. I personally find it hard to keep much interest in a stock when I have no clue as to what it's doing. Look at DXR, HRE's 'sister', to see the effect of no news. (Incidentally, you might want to look at DXR which will be investing in silver related stocks, but hasn't invested a penny yet). At the end of the day the only fundamental factor in the price of a share is whether investors are generally inclined to buy or to sell it.

From the Q and A in the header (with thanks to Kennyruss for collecting the questions from us and arranging for TW to answer them),

Q. What are the current share holdings for HRE?

A. What does HRE own? The board has yet to set a policy on disclosure.

I think that at the moment the share price here is holding up quite well bearing in mind the only investment we know about is Ascot which was only about a third of the investments in cash terms. Fans of TW might be an additional reason for the share price. Holders in his t1ps gold fund might be looking for the same performance here.

[leedsu36] 11/12/2010 09:41

Like the video,

also like the Boris Johnson have you been dragged through a hedge backwards look of TW,looks in that video with glasses slanted,hair amok,and dress sense of Michael Foot that the local hooker had just left the room prior to switching on the camera.

[marab] 10/12/2010 16:43

Well that wasn't to bad an end to the week, and the day finished much where it started, and with a total of 300,000 shares traded which basically is nothing. No filling up with shares and no last minute sell off.

If you haven't looked at the video from post 65, please do so because TW lays out his valuation of Ascot.

[marab] 10/12/2010 13:39

Posted by Koorb on the RRR thread. Well worth a view. If Ascot got to £1.25 that alone would give a value of 1.78p per share for Athol on current shares in issue, (about 1.43p fully diluted). The other £750,000 of currently unknown investments that Athol has made would be in for free at those prices. TW is suggesting Ascot could be worth as much as £2.50. DYOR and watch the video.

[marab] 10/12/2010 13:13

Good quote from Orson. My favourite quote is "I started my life with nothing and I still have most of it left". No idea who said it though.