The LONMIN share price thread

[Bundu]

Lommy still the tease I see.

you're still infatuated I see :crylaugh:

 

[Thor]

you're still infatuated I see :crylaugh:

:sly: one does not just sell your Lonmin shares and walk away

 

[SauRoNZA]

:sly: one does not just sell your Lonmin shares and walk away

You can buy them and leave them alone though...

+70% today.

 

[SauRoNZA]

+78.41% today.

 

[Thor]

+78.41% today.

You can buy them and leave them alone though...

+70% today.

You mean 7% not 70

Rand weakens resources goes up.

 

[SauRoNZA]

You mean 7% not 70

Rand weakens resources goes up.

Nah +78.41% since I bought originally.

Not up since the last time.

For my portfolio, not the general price.

 

[Thor]

Nah +78.41% since I bought originally.

Not up since the last time.

For my portfolio, not the general price.

Oh hahaha cute.

I was very close to 340% since the right issue + purchases in that sub 18 zar June period

 

[thehuman]

Lonmin correcting
down 6% , r42.57
round 2 soon

 

[Ianvn]

Lonmin correcting
down 6% , r42.57
round 2 soon

might also have something to do with this:
http://www.news24.com/SouthAfrica/News/exclusive-lonmin-probed-over-saps-marked-ammo-20160708

 

[SauRoNZA]

Oh hahaha cute.

I was very close to 340% since the right issue + purchases in that sub 18 zar June period

And how much is going to tax?

Remember I only bought once.

 

[Thor]

And how much is going to tax?

Remember I only bought once.

You mean reinvested

 

[SauRoNZA]

You mean reinvested

Last time I checked that didn't help you beat the tax bullet.

 

[Thor]

Last time I checked that didn't help you beat the tax bullet.

True.

Eish I hate paying tax since I know where it ends up.

Zupta and Co

 

[SauRoNZA]

Yup. Sadly.

And there is no way of buying shares without them knowing either

 

[Thor]

Yup. Sadly.

And there is no way of buying shares without them knowing either

True, but I just download that tax report thing easyequities.co.za gives and submit that. I hope that is the correct way otherwise I'm fcked.

 

[SauRoNZA]

Ja that's all you need to do.

 

[AchmatK]

Last time I checked that didn't help you beat the tax bullet.

Check again. Trading stock/inventory on hand can be taken off. Trading in shares is no different to any other business.

 

[AchmatK]

True, but I just download that tax report thing easyequities.co.za gives and submit that. I hope that is the correct way otherwise I'm fcked.

You should rather get a tax professional next time.

 

[SauRoNZA]

Check again. Trading stock/inventory on hand can be taken off. Trading in shares is no different to any other business.

If you do it as your full time employ or as a business I would imagine that makes sense.

But if I run an IT company I can't exactly claim against shares surely?

 

[AchmatK]

If you do it as your full time employ or as a business I would imagine that makes sense.

But if I run an IT company I can't exactly claim against shares surely?

Are you buying the shares in the name of your IT company or personal name?



Trading shares, even as a side line under your own name while being fulltime employed still falls within the same rules. Basically a sole prop that's trading in shares.