Silverdell Share Discussion Threads

[pj 1] 24/1/2014 15:14

Negligible value claims
If you own an asset which has become of negligible value, you may make
a claim to be treated as though you had sold the asset and immediately
reacquired it at the time the claim is made for an amount equal to its value
(a negligible value claim), which should be specified in the claim. Please note
that you must still own the asset when you make the claim and that the asset
must have become of negligible value while you owned it. An asset is of
negligible value if it is worth next to nothing.
When you make a negligible value claim you may specify an earlier time,
falling in the two previous tax years, at which you should treat the deemed
disposal as occurring. You have to meet all the necessary conditions for the
claim at that earlier time as well as at the time you make the claim.
If you make a negligible value claim during the tax year 2013–14, any loss
resulting from the deemed disposal will arise in that year, unless you claim to
be treated as if you had disposed of the asset at a time falling in 2011–12
or 2012–13.
If you want to claim a loss for 2013–14, write to us giving details of the
negligible value claim and your calculations of the capital loss resulting
from the deemed disposal of the asset. Alternatively, you may make a
negligible value claim during 2013–14, before you make a loss claim, by
sending the details to us. If you want us to check any valuation you have
used in connection with that deemed disposal, you can include form CG34
with your negligible value claim. This will help you to calculate the loss for
2013–14 which you will claim in your 2013–14 tax return. The form CG34
is available at hmrc.gov.uk/forms/cg34.pdf

[bookbroker] 24/1/2014 14:47

Anyone got some advice here, saving me speaking to cos house, at what point in the process is this company effectively dissolved in terms of a CGT. write-off, could do with the losses for 2013/14, if it is in the process of being dismantled how does one recognise the dissolution of it in terms of shareholders losses?

[roger-lawson] 23/1/2014 16:07

There is a report of the meeting for Silverdell shareholders on Monday in Beckenham on the ShareSoc web site here: hxxp://www.sharesoc.org/Silverdell_Shareholder_Meeting_Report.pdf

[erb2008] 20/1/2014 14:13

On 15th January 2104, OCS Group Ltd acquired certain business and assets of Euro Dismantling Services, EDS Plant Solutions and EDS Group Holdings (subsidiaries of Silverdell plc).

[snadgey] 20/1/2014 09:57

Was intending to attend the Investor's Champion meeting today in Kent re: SID. Unfortunately I now cannot attend.

Would be most grateful to an attendees if they could report back on what action/redress PIs can take.

As PIs I think we all have an obligation to take this as far as we can go.

Many thanks

[phoenix1234] 17/1/2014 20:32

Response from AIM to TW compliant just published

www.shareprophets.advfn.com/views/3569/the-silverdell-scandal-aim-regulation-responds-to-my-compliant

[davidosh] 17/1/2014 16:30

Just a reminder that this will be a sensible and organised meeting in a regular venue....

[joe say] 17/1/2014 12:44

Sadly that view is probably true imo - so many market shenanigans one could quote and yet so little interest/redress from the authorities

[leecoyote] 16/1/2014 20:16

Looks like the spreadbet guys are joining the fight now - hxxp://www.-.com/blog/silverdell-shareholder-info.html

[phoenix1234] 16/1/2014 17:46

and even worse with another shocking revelation of Nutley lying

www.shareprophets.advfn.com/views/3543/silverdell-how-disgraced-ceo-sean-nutley-lied-face-to-face-with-investors-whistleblower-2-of-the-day

[phoenix1234] 16/1/2014 16:49

absoutly shocking revlelations - it gets worse and worse

www.shareprophets.advfn.com/views/3542/silverdell-a-whistleblower-emerges-this-looks-dreadful-for-disgraced-ceo-sean-nutley

[stegrego] 16/1/2014 12:29

Ask them to provide a timeline of events and proof of what they are saying....

Bet they wont....

[davebowler] 16/1/2014 12:23

Same here;
Dear Mr Bowler



Thank you for your email.

Whilst it is clear that something went very wrong at the company, we have, as you might expect, conducted a thorough review of our activities as Nomad to the company and are entirely satisfied that we have complied with our regulatory responsibilities.


Best regards



Mark Tubby
Head of Compliance

[pj 1] 16/1/2014 12:21

Response received, pretty predicatable

'' Dear Mr x



Thank you for your email.

Whilst it is clear that something went very wrong at the company, we have, as you might expect, conducted a thorough review of our activities as Nomad to the company and are entirely satisfied that we have complied with our regulatory responsibilities.



Best regards

[stegrego] 15/1/2014 12:33

What about the EDS boss that cashed in all his shares early.... Was EDS a duffer as well?

[norbert colon] 14/1/2014 21:27

I have written to both the FCA and AIM regulator. I don't feel any better off for it but it seems the least I can do for all investors - will also try and attend the meeting on 20th Jan.

[roddiemac2] 14/1/2014 19:58

Quite so, alexkb . There is nothing to stop the altruistic TW posting his advice here.

[alexkb] 14/1/2014 18:43

phoenix1234 ; yeah ok, just didnt want to have to register to see the article once, then be spammed by that *&!£ forevermore.

[phoenix1234] 14/1/2014 08:27

alex - copywright - surely you have a thing about not breaking the law.

and now there is a classic piece & video on the same site

www.shareprophets.advfn.com/views/3484/sean-nutley-the-silverdell-misleader-making-not-so-sweet-music-the-video-a-prize

[alexkb] 14/1/2014 01:15

any chance the article can be posted here?
i have a thing about not supporting tom/simon etc.

[norbert colon] 13/1/2014 22:17

Yes, I will being doing the same and hopefully all other PIs will follow suit.

[pj 1] 13/1/2014 22:12

I think its important we all follow the complaints procedure above. I will be doing so tomorrow