Yes but that’s a way to avoid cgt as you pay nothing if the transfer value is under £20k. If he’s just got them sat there then it’s his own faultonly within 90 days of maturity then you have to bed and isa which can incur CGT
Just reading more, sounds like people got sucked in as usual. Entering talks is not a firm offer of taking private.There was a massive boom when one of the co founders said that he was going to take it private again, then there’s been a massive sell off once it’s announced that it would be delisted and restructured.
I saw it unfold but that's well into day trading and an absolute lottery. I was never tempted to buy in. But saw it unfolddid anyone buy into SDRY?
There was a massive boom when one of the co founders said that he was going to take it private again, then there’s been a massive sell off once it’s announced that it would be delisted and restructured.
Surely the co founder is liable for fake news…. I missed the boom even thou I did see their shares tank but I guess this will be another one of Mike Ashley’s slum shops soon.
Just popping little bits, mainly the small amount of dividends that I’m getting from my GA account into DOCS as the moment, hoping for a buyout from Adidas or some other footwear company.
0.71$ when I posted that.Kraken Robotics seems to be on a slow steady climb now.
Kraken Robotics Updates 2023 Financial Guidance and Provides Strong 2024 Outlook
Sales Funnel Pipeline More than $900 MillionST. JOHN'S, Newfoundland and Labrador, Feb. 15, 2024 (GLOBE NEWSWIRE) -- Kraken Robotics Inc. ("Kraken" or the "Company") (TSX-V: PNG, OTCQB: KRKNF) is updating financial guidance for the year ended December 31, 2023. While audited results will not be...finance.yahoo.com
I was up 50% so decided to double down.
probably a good long hold, obviously do your own research and don't rely on a forum post.
save that for when you browse tiktok
Q2 2024 Financial Highlights
Year-to-date June 30, 2024
- Consolidated revenue for Q2 2024 increased 67% to $22.8 million compared to $13.7 million for the quarter ending June 30, 2023.
- Product revenue in the quarter increased 83% to $19.2 million compared to $10.5 million in the prior year. Product revenue growth was the result of continued sales across key products including subsea batteries, synthetic aperture sonar (SAS) systems, remote mine hunting and disposal system, and KATFISH™.
- Services revenue in the quarter increased 11% to $3.5 million compared to $3.2 million in the prior year with projects using Sub-Bottom Imager™, Acoustic Corer™, and KATFISH.
- Gross profit in Q2 2024 increased 50% to $11.6 million implying a 51.0% gross margin percentage compared to 56.7% in Q2 2023. The year-over-year change related to product mix. Sequentially, gross margin improved from 44.8% in Q1 2024.
- Adjusted EBITDA<a href="https://krakenrobotics.com/kraken-robotics-reports-strong-q2-2024-financial-results/#_ftn1" name="_ftnref1">[1]</a> increased 79% in the quarter to $5.4 million compared to $3.0 million in the prior year due to increased revenue. Adjusted EBITDA<a href="https://krakenrobotics.com/kraken-robotics-reports-strong-q2-2024-financial-results/#_ftn1" name="_ftnref1">[1]</a> margin in the quarter improved to 24% compared to 22% in the comparable quarter.
- Net income in the quarter increased 31% to $2.6 million, compared to net income of $2.0 million in Q2 2023.
- Total assets were $96.1 million on June 30, 2024, compared to $70.5 million on June 30, 2023. Cash at the end of the quarter totaled $20.4 million.
- Consolidated revenue year-to-date increased 105% to $43.6 million, compared to $21.2 million in the comparable 6-month period ending June 30, 2023.
- Product revenue year-to-date increased 122% to $35.3 million, compared to $15.8 million in the comparable 6-month period to June 30, 2023.
- Service revenue year-to-date increased 59% to $8.4 million, compared to $5.4 million in the comparable 6-month period ending June 30, 2023.
- Gross profit year-to-date increased 71% to $20.1 million implying a 48.0% gross margin percentage year-to-date compared to 58.0% in the comparable 6-month period ending June 30, 2023.
- Adjusted EBITDA1 year-to-date increased 142% to $9.5 million compared to an Adjusted EBITDA1 of $3.9 million in the comparable 6-month period. Adjusted EBITDA1 margin year-to-date was 22% compared to 19% in the comparable year.
After some advice please.
Currently have a stocks and shares isa and an investment account with my bank.
I just started them both up to put money away and hopefully get some back not really reading up on anything
The isa where I chose what to buy and the bank one for them to sort.
I've got 2.5k in each and having read up on isas it seems best to just have it all in the isa and there is no tax to be paid on gains or dividends.
Isas have got a 20k allowance per year so (not that I'm going to) I could pay in 20k per year for the next 30 years and reinvest my dividend payments and never pay tax. Is this correct? Then just take tax free dividend payments when I retire.
My bank investments made about £200 where as my isa is currently up £800 mostly thanks to rolls Royce.
Thanks.
yes at the moment, isa investments are tax free as the money you are using to invest is already taxed.After some advice please.
Currently have a stocks and shares isa and an investment account with my bank.
I just started them both up to put money away and hopefully get some back not really reading up on anything
The isa where I chose what to buy and the bank one for them to sort.
I've got 2.5k in each and having read up on isas it seems best to just have it all in the isa and there is no tax to be paid on gains or dividends.
Isas have got a 20k allowance per year so (not that I'm going to) I could pay in 20k per year for the next 30 years and reinvest my dividend payments and never pay tax. Is this correct? Then just take tax free dividend payments when I retire.
My bank investments made about £200 where as my isa is currently up £800 mostly thanks to rolls Royce.
Thanks.
That's a pretty poor long term plan IMO. Just whack it in a passive tracker. After 30 years you'll do better than gambling on random companies every 6 months.I'm using h&l and just putting £100pm into it. Choosing a company and investing for 5-6 months then picking a new and repeat
It's a long term thing that I'm hoping to have some passive Income in retirment
That's a pretty poor long term plan IMO. Just whack it in a passive tracker. After 30 years you'll do better than gambling on random companies every 6 months.
im not randomly picking, im doing a bit of reading before i choose a company.That's a pretty poor long term plan IMO. Just whack it in a passive tracker. After 30 years you'll do better than gambling on random companies every 6 months.
im not randomly picking, im doing a bit of reading before i choose a company.
curently have
rolls royce
bt
sainsburys
centrica
primary health properites
mobico (formerly national express)
only one im down with is mobico as they tanked with covid, they where my first shares about 6 months before covid. they look to be recovering slightly now though.
Almost certainly better over 30 years. Most active managers fail to best their benchmark over the long term.Well not necessarily better, he may get super lucky, or super unlucky.
A passive tracker is going to give you middle ground, and should be good enough for most.
I mean if he randomly picked Nvidia 2 years ago hes likely beating the index, but if he picked superdry...
Somewhere there is a point where investing meets gambling. I think randomly picking a share every 6 months may have just about passed that point.