Trading the stockmarket (NO Referrals)

aardvark · 31 Mar 2011 at 16:33

jmhduck said:
My iii account does the same .

some shares you don't pay stamp duty. others you pay double (if its registered in ireland for example) - so it depends on the share.

Simon · 31 Mar 2011 at 16:56

I think it's me confusing things. No stamp duty on RRL, but these are listed on the ASX.

aardvark · 31 Mar 2011 at 17:01

Simon said:
I think it's me confusing things. No stamp duty on RRL, but these are listed on the ASX.

i can't remember why i paid stamp duty on some and not others -i think it might be because some companies have the main listing on the asx or tsx (a few of my shares are like this, but i didn't keep track of which ones attracted stamp duty and which didn't - i trusted iii to charge me correctly).
i'm pretty sure i have paid double for the ireland listed shares though.

Kingy · 31 Mar 2011 at 19:01

Simon said:
I think it's me confusing things. No stamp duty on RRL, but these are listed on the ASX.

I'm not helping matters either...

My understanding was based on the link I provided, but I've just gone back through some records from 2008, and I paid stamp duty on 12/14 trades under £1000, so I appear to be talking out of my arse. Apologies...

The two that I didn't pay stamp duty on were Petrofac and Randgold Resources.

jmhduck · 1 Apr 2011 at 00:22

aardvark said:
some shares you don't pay stamp duty. others you pay double (if its registered in ireland for example) - so it depends on the share.

That's interesting, do you know why you have to pay double for Ireland?

Beansprout · 1 Apr 2011 at 00:32

Simon said:
I think it's me confusing things. No stamp duty on RRL, but these are listed on the ASX.

No stamp duty on RRL as it's an Australian security, just listed on the LSE.

Something along those lines at least.

dowie · 1 Apr 2011 at 00:58

If you're worried about stamp duty and are just trading short term then perhaps look at CFDs. You don't necessarily have to utilise all the leverage they offer.

Ironic Namesake · 1 Apr 2011 at 08:49

Condor RNS is out

Bes · 1 Apr 2011 at 09:04

CNR RNS looks good at first read. Basically delays of about 2 weeks on the 'big RNS', but some encouraging nuggets in the one that is out today- bodes well

pull2808 · 1 Apr 2011 at 09:07

But wouldnt you rather have a 2 week delay and a better report than a rushed one?

Should slowly climb to the peak on 15th!

Dunks · 1 Apr 2011 at 09:32

Oh well, I'm sure the two week wait will be worth it

Oh Ed not again. · 1 Apr 2011 at 10:21

Bit of a bummer about CNR, but certainly not as negative as some stalling RNSs I've read in the past... *cough* MTA *cough* losers!

Approaching double bagger on ORE too today.

Russinating · 1 Apr 2011 at 10:23

Yup, ORE's going up nicely. Still keeping an eye on it after I sold.

Thanks for whoever advised Naked Trader, only 1/5 through and learnt a shed load

.

pull2808 · 1 Apr 2011 at 11:04

I'm undecided on whether to top up on CNR or ORE?
Both looking good short term.

gizmoy2k · 1 Apr 2011 at 11:43

^ ORE has moved a fair bit on no real news the last few day so beware on the price you get in at, CNR on the otherhand hasnt done much on that RNS so its looking a good top up too,

Kinda in the same place

Oh Ed not again. · 1 Apr 2011 at 12:01

Agreed, ORE is dipping about a bit today. Wouldn't surprise me if it closes 5-8% up, instead of the 17-21% floating about at the moment, there's bound to be some profit taking in the PM today too.

pull2808 · 1 Apr 2011 at 12:13

Topped up on CNR.

Simon · 1 Apr 2011 at 12:31

Quite like the PYC RNS today. UEN have also spudded, potential on them. I was trading their 11-17p range, not in at the moment though.

Fuzz · 1 Apr 2011 at 13:14

PYC - 86% up and still going

)

EDIT * I lied, it stalled.

Bes · 1 Apr 2011 at 13:51

Nice GVC Buy tip in Investor's Chronicle today- shame it's up around 40% since I mentioned it here