We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Int Ferro | LSE:IFL | London | Ordinary Share | AU0000XINAK8 | ORD NPV |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.90 | - | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
09/5/2016 10:55 | now that the new tax year is well underway has anyone submitted a cgt loss to hmrc? if anyone knows, would like to hear what hmrc have advised for ifl. | konil | |
19/3/2016 17:47 | Yes, just seen the RNS...now the shares have NO value I'm afraid. I hadn't seen it at the point of writing last post. | pennyfalls | |
18/3/2016 14:23 | Gark, just read the RNS again - not sure what to do now.... | kulvinder | |
18/3/2016 12:49 | From the RNS:"Based on the Plan's distribution schedule, it is not likely that IFL shareholders would receive any distribution from the conclusion of the business rescue process." | gark | |
18/3/2016 12:45 | Thanks Pennyfalls... so maybe I wait to see if it worth more then 0.65p on offer... | kulvinder | |
18/3/2016 12:37 | Shares still have value (maybe not much!) - and details supposedly coming via RNS soon, according to company last month (they did say after first 2 weeks of March) | pennyfalls | |
18/3/2016 12:16 | If these are worth nothing why can you still sell your CFD holding as I got a qoute to sell when I tried to carry out the transaction? | kulvinder | |
18/3/2016 08:16 | found some info here... | konil | |
18/3/2016 08:06 | afaik, our friends at hmrc need to categorise holdings in the company as being of 'neglible value', but i dont know when or how that gets done. after that's done, one claims the cgt loss through the annual tax return. its worth doing, because under current rules losses can be carried forward indefinitely and set off against future gains. | konil | |
18/3/2016 08:00 | What is the procedure re cgt and the tax return? When to declare the loss? Thanks | rhcm | |
18/3/2016 07:40 | painful irony, this was supposed to be a 'relatively' safe play for me due to the assets... oh well, "so it's one more round for experience and i'm on the road again" | konil | |
18/3/2016 07:04 | That's it then, nothing for shareholders. | gark | |
11/3/2016 08:38 | how can a supplier renege on a contract in this manner and instead of the supplier getting fined ifl has to take a hit to its asset value? what's going on? and no updates from the company? hardly matters i suppose, shareholders weren't going to get much if anything anyway, after the company gave away assets for nothing in the original sale, i mean gift to samancor. | konil | |
10/3/2016 21:54 | Business Rescue Status Report in terms of Section 132 (3) of the Companies Act 71 of 2008 (the "Act") 1. Introduction This report is published for the month of February 2016, as an update to the business rescue status report published to affected persons and filed with the Companies and Intellectual Property Commission on 28 January 2016,. 2. Sale Process As a result of the settlement with Rustenburg Platinum Mines Limited, there has been a price adjustment in the purchase consideration payable by Samancor, due to the reduction in value in the UG2 Contract. The sale agreements are in the process of being finalised. 3. Business Rescue Plan As a result of the price adjustment, a proposed amendment to the business rescue plan is being prepared and has nearly been finalised. I am hopeful that this amended plan will be published by 18 March 2016 and the meeting of creditors to consider the amended plan should be held by 25 March 2016. The amended plan will reflect details relating to the price adjustment as well as other consequential changes. SIGNED AT JOHANNESBURG THIS 8th DAY OF MARCH 2016 | tomboyb | |
10/3/2016 21:50 | Another 6 months - one wonder what could of happened with IFL - DEBT negligible to assets yet shareholders screwed | tomboyb | |
28/2/2016 17:16 | Good post Ben.. you sound like a really decent bloke and hope you're not hurting too much.. I agree about shares/ investing - there's no easy profit unless you're very lucky, the timing is just right, or you're a good reader of trends and the stock market generally. My main problem has been timing - selling too quickly in many cases, although I have made an overall profit over the years. A good example would be BT...I bought quite a few of these in 2009 after the crash whern the share price was just recovering, at just over £1. Instead of hanging on for the substantial dividend etc, I bit-by-bit pulled money out and put it into Aim shares - as I find the excitement and challenge more suited to my temperament.. So, all my BT shares went across to AIM - where I've ended up making a reasonable, if not scintillating 15 to 20%-ish profit over the subsequent years.. BUT, if that had been left in BT, I would now be 500% up! In the past ('90s) I've had a few shares (Alphameric, Proteome Sciences, and a few others) where I sold out at a very very minimal profit - only to look back in horror three years later to see many of them had Ten-bagged! So, mine's neen a tale of "what might have been" rather than being screwed. I admire your honesty and openness Ben and I really hope you get something back (from this, or others). As you state, even so-called Blue chips can be lethal . Take BHP Billiton, Shell, Rio etc etc HSCB Standard Chartered...anyone investing a year ago would now be 30+% down. Although some are bouncing back a little. By the way, I've come to the conclusion that the best way of making a bundle on the stock market is to stay in cash , wait until the next inevitable crash/recession, and then invest at that low point. Overall, it seems to be a better tactic than robbing Peter to pay Paul all the time. (Not that I implement this theory!) Good luck mate and best wishes all | pennyfalls | |
27/2/2016 07:49 | Thanks rikky, konil and pennyfalls. I have made huge losses over the past 15 years, though Ifl is the worst. My biggest mistake, and I made all of them, was having lost large sums on HSBC, Glaxo, Lloyds, Marconi, 'blue chips, haha, to name but a few, to switch to penny shares to achieve high share numbers for a quick fix if any paid off and suddenly find myself in truth invested in a pile of rubbish with its associated risk. Nothing is truer than "only invest what you can afford to lose" I paid no attention to that and consequently paid the price. I wish all of you the very best of luck. Cheers! Ben | benboy | |
25/2/2016 17:04 | thanks for update pennyfalls. | konil | |
25/2/2016 14:42 | Just had an e-mail from CEO Chris Jordaan.. Updated Business Plan next news will be in first two weeks of March and we may get an idea who gets what at that point. Best wishes, PF | pennyfalls | |
22/2/2016 09:27 | benboy, sorry to hear that, dont give up completely though, there could be a big recovery story brewing for the markets in general. imo that will come after an impending huge fallout as overblown global debts from wrong-minded historically loose monetary policy come home to roost. that could make the rout at the start of this year look like a small blip - question is how long before it happens? but if it does happen it will provide a massive opportunity for those coming in near the bottom. of course there will be opps along the way. currently kicking myself for not taking the plunge with aal c.240, finger hovered but didn't quite make contact!, would have seen a 100% rise in less than 2 weeks. question is would i have sold? i too am licking my wounds over ifl (and not for the first time) but waiting to see if the 'big one' transpires when markets really crash...crystal ball to the fore! gl. | konil | |
21/2/2016 19:31 | Benboy sorry to hear but if it makes you feel better I am in a similar predicament on this one although sold some at 2p. They really pulled a fast one on this one and made critical errors at the wrong moments. | gark | |
21/2/2016 16:19 | Wish it was a small percentage of a large portfolio but it was a substantial lump of a small portfolio. Made all the classic mistakes. Determined to keep catching the falling knife to average down. Over invested thinking I would cut my losses quickly so long as Ifl turned the corner. Psychologically it's been extremely difficult but I've coped. Never thought it would go under though. The time to get out is probably at 20% loss. After that it's so large it's difficult to bite the bullet, and hard not to believe in sufficient recovery to get out when it's back to the 20% loss. Ifl unfortunately lurched from one disaster to the next catastrophe to a final total collapse. I'm out of the market completely now having burned more than my fingers. Wish all on here best of luck with their other investments. | benboy | |
21/2/2016 15:24 | Wow, Ben, that is some loss.. I suppose it depends whether it comes from the persepctive of having a multi-million net worth or £108K represnting a massive chunk of your savings/investments Nevertheless, that's one hell of an amount. Very easy to get trapped in the mindset that you can't sell as the price plummets, and hard to bite the bullet sometimes ad take the loss. Pyschologically very difficult to admit the loss and get out, especially when there's belief. | pennyfalls | |
21/2/2016 07:29 | 6k! If only. Like you my belief in this company and its future saw £108k sterling bite the dust. I'm not expecting a single rand back let alone a GB pound. PI' s are at the end of the line and have zero importance. Spent the last year berating myself "Why didn't you get out at 9" then 7 then 6 then 3. But no I stayed to the bitter end and it doesn't get a lot more bitter than £108k Ben | benboy |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions