for more information about stanelco click on the links.

driver's research page link
http://www.moneyam.com/InvestorsRoom/posts.php?tid=7681#lastread
website link
http://www.stanelco.co.uk/index.htm

Oilywag,
The new rules re B and B came into effect on 22.03.06.

From th Inland Revenue site.

7. Section 106A(5) applies where, within 30 days after the disposal, the person who made the disposal acquires securities which are identical to those disposed of. Its effect is that the capital gain or loss is calculated as though the securities disposed of were, as far as that is possible, those acquired in the 30 day period.

Greekman - does that apply when you dispose of shares from an ordinary trading account and then re-acquire same shares from within an ISA?

BTW - can anyone point me to a reliable source of Industry Sector Earnings Yield, Dividend Yield and PER information - thanks.

stockdog,

As far as I understand it yes. It's the initial sale that effects the CGT, no matter how you re-purchase the identical shares.

It's an anomaly (lovely girl!) to effectively charge to tax an asset inside a tax-free wrapper - and would be a relatively minor detraction from tax take for HMRC to allow it.

stockdog, greekman

Thanks for the info.

Think I may phone the IR get clarification on this point. Sure that there are many who in the same position.

Will let you know what the outcome is.

The oily one

Don't like the sp. Have we breached an important support level?

Alan

Nah, I think it is just the end of the tax year shenanigans and the price will return to normal on the 6th or soon thereafter.

Lovely buying opportunity!

The oily one

A lot of concerted buying going on - so why the drop in SP? Why should I be expected to understand how the market works?

Here's trusting to Oilywag's POV. Why should he be expected to know any better?

Would agree with that Oilywag, will there be some more big buys end of the day mopping up the end of tax year sells ?

Last day for end of tax year selling is tomorrow, Thursday is the stat of a whole new year.

Be lucky !

sd

Don't know that I do. Its just a guess, intuition and a recall of things I saw last year with several other shares.

For those who are nervous by the drop, just think of the future and hold - or buy more. The future is bright and its not PLASTIC.

The oily one

Oh I'm content with the future!!!!!!!!!
Its the present sp and its interminable wobbles that always gets me, because the fashion for trading by chart and watching for technical sells and buys means that understandable and completely rational movements get amplified, because pc's across the globe flash a stock up as a technical trade.
Still happy to hold. I get the gut feeling that news is close.
Alan

Al
And what year would that be then.

Chill, Driver.
We'll get news soon. Promise.
It might not be costed or have figures to it, or even be anything definite, but we will get it. This is SEO after all!!
Seriously. WM were talking fast track, and unless their dictionary is dramatically different to mine, we should get a firm update soon. Starpol is a commodity, rather than a process or bit of kit, so we should not have to endure the teething troubles of Greenseal.
The other thing likely to break (pun intended) is the ciggy filter thing. After all, there are a limited number of ciggy manufacturers in the world, so they should all have been approached by now. I don't expect much of anything from this, but it would be news!
Alan

The ciggy filter thing could be bigger than you think Alan, with smokers in Ireland & Scotland relegated to smoking outdoors there must already be hundreds of thousands of non-bio filters clogging the pavements! As for Starpol, SEO must be coming up to the checkout by know. This company is going to be sooooo good for the patient shareholders!
kim

Speaking as a smoker, I would happily invest millions in any company that solves the chewing gum on the streets problem. In Leeds, you get a 50 fine for dropping a cig end, but none for chewing gum, and I know which is the biggest menace.
There. Moan over.
alan

Some comment or other about a sticky end springs to mind, but perhaps it is wiser not to go down that road!?!
kim

I'm also a smoker and to be honest I couldn't care less about filter tips, as long as the taste remains and I get my fix thats all I care about.
I live in Portsmouth and not sure about fines here for dropping ciggy ends but agree chewing gum is by far the biggest menace, would have thought even more so for public transport users.

Agree the comments re end of year tax selling to establish an off-setting gain; alternatively a gain carried over from previous year. There is little argument for buying at the end of the tax year but some case for buying in the new tax year if sale hasnot been made in last 30 days. Interesting that the sp eased today with balanced buying and selling, suggesting that MMs were busy squeezing the poor guys who had clearly decided they needed to sell now. Not a decisive break out of the channel (yet) but a continuous drift could break some stop losses and accelrate the process. Best to fear the worst so can be relatively happy when it doesn't happen. Having said that, a lot of hubbies are 'relatively unhappy'!

Eric

From today's Telegraph, adding more momentum to the switch to recyclable & biodegradeable alternatives to plastic/polythene.:-

"Tanzania to ban all plastic bags
By Mike Pflanz
(Filed: 04/04/2006)
Importing, selling or using plastic bags and drinks containers is to be outlawed in Tanzania in a move aimed at curbing environmental damage.
Manufacturers and retailers have six months to phase out the harmful polythene - which takes up to 1,000 years to degrade - and switch to recyclable materials or biodegradable alternatives.

The announcement, from Tanzania's vice-president, Ali Mohamed Shein, marks the first time an African country has banned all plastic bags outright.

South Africa introduced laws in May 2003 forcing shopkeepers to hand out thicker, stronger plastic bags that are more easily re-used or face an 8,000 fine or 10 years in jail.

The country's environmental authorities estimated that eight billion bags a year were being used, most of which were thrown out and ended up clogging drains and choking wildlife.

"The ban of plastic bags and containers is necessary to protect Tanzania's rapidly degrading environment," Mr Shein said.

From modern hypermarkets to tiny wooden-hut market stalls, shopkeepers across Africa are rarely shy about packaging everything in one or more thin plastic bags which regularly rip within minutes.

A recent survey found that the 1.5 million residents of Kampala, Uganda's capital, threw away 10,000 tons of bags each year. Like most African cities, neither Kampala nor Nairobi has widespread rubbish collection."

Bring it on!!
kim

SEO should JV the manufacturing process with central/local government bodies or enterprise boards in all countries so that their capital resources are not overstretched and they allow a decent level of added-value to take place in each country. They will still provide the raw materials and IP, but let the local economy profit from making the finished articles. In less developed countries, there may well be aid programmes that will contribute to the capital cost of such an environmentsally sound employment opportunity.

Can the oil-extracted husks of the jatropha bean be used to prodice PLA by any chance - now there would be an interesting bit of sustainable co-operation with DOO.