Pace Plc Share Discussion Threads

[freddie01] 24/4/2019 07:32

A volcanic eruption seen from space.



An oasis in the Gobi Desert.



The sun through a specific light wavelength.





Canmore, Alberta || joemackin

[freddie01] 22/4/2019 13:29

“Waterfall of Gods” | Godafoss | Iceland || Unknown photographer



La petite Venise ~ Fabrice Kurz



















A pickup truck flees from the smoke and volcanic ash ( pyroclastic flows) spewing from the Mt. Pinatubo volcano that erupted during 1991 in the Philippines. Amazingly the photographer Alberto Garcia survived this gut-wrenching scene and has won many awards for this amazing photograph.

[freddie01] 20/4/2019 07:58

Switzerland || ilhan1077









The Golden Bridge (Vietnamese: C?u Vàng) is a 150-metre-long (490 ft) pedestrian bridge in … The bridge loops nearly back around to itself, and has two giant stone hands … “The Golden Bridge, a golden thread held up by a god’s hands”.



Before the sunrise from River Tenna by fabrizio massetti



Photographer: Sabo Sugi

[freddie01] 17/4/2019 08:22

Coliseum in Rome, Italy Nightscene || Photo by @tommy.cimarell

























Lauterbrunnen, Swiss Alps || maxrivephotography

[freddie01] 15/4/2019 08:03

Wellington Point, Queensland, Australia || benmuldersunsets



Netherlands ???? || Photo by naturelovers



Switzerland ???? || Photo by switzerland.bestpix



Aruba - Small Dutch Caribbean island off the coast of Venezuela



Zürich Switzerland || Photo by cemerk85



Banff National Park, Alberta, Canada ???? || Photo by kaszphotocreative



Lungern, Switzerland ???? || Photo by davidbirri

[freddie01] 14/4/2019 09:29

huge cruise ship























waipipi_sunset | sunjin lee

[freddie01] 13/4/2019 08:04

Dawn At The Rondout Reservoir by Gerald Berliner



Fog and wildflowers … | Mount Rainier, Washington | Flickr ~ Alex Noriega



AUTUMN TO WINTER by ajpscs







“ Fairytale Pathway ” ~ Ilidza, Sarajevo, Bosnia ~ Mevludin Sejmenovic



Australia | by j.diegoph



island road

Lofoten / Norway by Denny Bitte



Navarra, Spain - by Super 8 Photography



“Where Eagles Dare” | The Fairy Glen | Isle of Skye || Gavin Hardcastle



San Nicola Arcella, Italy - by Simone Bramante



Enchanted forest | Balkan mountains | Bulgaria | Emil Rashkovski

[freddie01] 12/4/2019 12:22

Mt Dandenong, Dandenong Ranges, Australia | by mellosphotography



Palouse Nights ~ Dylan Toh & Marianne Lim





Fudo Waterfall | Fukushima Prefecture | Japan || cosa_____1192

[1carus] 10/4/2019 17:48

Sats, with Halifax my compulsory notification date is the 9th. However, I am not sure when holding such shares, as I don't have the certificates and assume halifax does, whether in fact halifax owns the shares and I am buying effectively notes of interest, as institutions will sell, lend,borrow and short those shares that I have paid for. If I have my own shares certificates.. which I do with some shares I don't think they can do that. So I am working on that my contract is through halifax who in turn have shares in Arris. Hmm, I have not really thought about that and exactly what you are buying when you buy shares on such platforms.

[sats] 09/4/2019 21:22

Thanks 1carus. I am with Interactive Investor (formerly TDW before being taken over) and ARIS no longer shows in my portfolio although the Cash equivalent is now in my US Dollar account.

The transaction isn't showing in the History section (it might update overnight) but there is a formal Corporate Action Notification dated 5/04/19 with the following snippet:-

Merger Effective date: 5th April 2019
Terms: USD31.75 for each share held
Pay date: Upon Receipt
Arris International Limited has merged with Commscope Holdings Co Inc, effective from 5th April 2019

Its a close call and really hope I can use today's date of 9th April which means the transaction just falls within my 19/20 CGT allowance.

Anyone else have a view?

thanks
Sats

[1carus] 09/4/2019 20:05

Sats, my cash view shows the transaction to be the 9th --- that is what I will use.!

[1carus] 09/4/2019 19:42

Sats ... shares have turned up in my Halifax share dealing account also today. Strangely my trading history has not updated yet. It will be interesting to see the date that they record. ( hoping the 9th)

[1carus] 09/4/2019 19:34

Sats... I think this is marginal. If you were buying a share it seems to be legally yours at the point of initiating the trade not when it settles. But not sure when you are selling it.

I would simply use the date that you received the money though. If you are below the threshold for this year you don't have to declare it and draw attention to it. If you are above the threshold the transaction dates that you have will show dates after the 5th into your account etc. I would keep it simple.

[sats] 09/4/2019 16:26

Hi All,

After two decades invested in the roller-coaster journey of Pace Micro I have today received funds for the last tranche of shares held as Arris which in total has returned me 4 times my investment. I have enjoyed reading the many posts posted by the regular people and although this is my first on ADVFN I believe I am one of the many ‘silent’ readers out there.

I have a question which may also apply to other people in a similar situation. Since the CommScope announcement I have been selling half my Arris holding to utilise mine & hers CGT allowance for the tax year 2018/19 on the hope the actual completion would take place after 5th April 2019 so as to utilise the 2019/20 year’s CGT allowance for the remaining half however, the Effective Merger date has been recoded as 5th April 2019 which is the last date of 2018/19 tax year but because funds were not actually received until today April 9th 2019 can I use today’s date and record the sale in 2019/20 tax year for the last half of my shares?

Hope this makes sense and all the best to you All in your future investing.

[1carus] 09/4/2019 16:00

So do we have a time line for the shares to be converted to cash and the payments to be made. Last time it took ages with the need for many rubber stamps. ( I cant remember, was that because it was a uk to USA deal or something)( I think we had to send forms off to our respective brokerages also ... hopefully we wont have to do that again as there are no shares involved)

[freddie01] 08/4/2019 08:05

“Angry ocean” || troyanthonyphoto



Nighttime at the waterfall (by Simon Migaj)

Kirkjufell, Iceland



“Interstellar“ by | Michael Sidofsky



“The entrance to another world” | “The illuminated tunnel with thousands of sakura-shaped bulbs sparkling in the heavy rain.” | Mie, Japan || godive2000



Autumn ~ Markus Lissner

[clocktower] 07/4/2019 12:46

Thanks for the info about the eagle.

[freddie01] 07/4/2019 12:27

Iceland | by Rolands Varsbergs



Lake | by Robert Bahn



the dance of the flowers || unknown photographer



Vernazza | by antenorefabio



Torres del Paine | by mydetoxtravel



Kazanlak, Stara Zagora, Bulgaria | by Krasi St Matarov

[freddie01] 06/4/2019 07:31

Between the road || Pawel Uchorczak



Chrome Hill, England - by Julian Hill

[alexmcdonald] 06/4/2019 00:09

I guess it is about 5 years since I finally met Andy, Bashor and 1gw at the Pace AGM when we discussed the Arris offer announced just before the meeting. It is sad to think that we are discussing the 'struggling STB business' that used to be Pace Micro Technology when I joined then in August 1989. I have really benefited from my Pace experience and I am grateful for my whole Pace experience. They were a fantastic team and I hope they pull through this next crisis.
It is sad to see the end of this journey, so good luck to all and goodbye.

[1gw] 05/4/2019 10:10

Cheers andyble, sorry to see you go. Were you really not tempted by CommScope, especially now that Bruce McCl is COO?

I note the speculation since deal announcement that they might try to sell the "struggling set top business" which would be a shame for the Pace heritage investors (and employees). It seems to me it could still surprise to the upside if we get US-China resolution in the near future and component/memory prices continue to slide. Isn't there a whole world to roll out xfinity boxes to, even without upgrade iterations in the US? I'm still hoping to be upgraded to a Comcast xfinity-heritage box with my Sky subscription at some point.

In the meantime, now that it has completed, the CommScope focus I presume will be integration and cash generation to reduce debt. I would hope the underlying business is strongly-enough cash generative not to be tempted by a cut-price sale of the STB business. Who would they sell to anyway?