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Messages - wtg

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1
Shares / Re: Long Term Portfolios.
« on: March 31, 2015, 08:17:50 am »
What do you guys think of RMI?

2
Shares / Re: Tax
« on: October 29, 2013, 01:14:49 pm »
Quote from: Orca on October 29, 2013, 12:28:10 pm
That's what got me into trouble. I was under the impression that I could buy and sell as I wished and as long as the gains are not withdrawn into my bank account for my personal use, it would not be considered a tax event.

If you hold your shares for a minimum of 3 years in either of your 2 accounts, you will only pay CGT.
You have done the correct thing by separating your investment account from your trading account as now you will only pay income tax as revenue on your trading account.  All your gains or losses made after each trade will be a tax event whether you withdraw it or not.

Thanks for the answer - much appreciated.

That is sad news! I hate tax. :wall:

3
Shares / Re: Tax
« on: October 29, 2013, 10:59:54 am »
I have a tax question.

So I have a FNB share investor acc in which I do my investing.
I want to open up a stockbroker account at FNB in which I can do share trading...

Will my investor account remain taxed CGT?? (assuming I do not sell anything within 3 years)
And my stock broking account be taxed as income tax??

Do I pay tax on either account if I use all gains for buying more shares?? (ie the profit/gains does not go into my cheque account)

Thanks for your help!

4
Shares / Re: Today's Outlook
« on: July 23, 2013, 01:31:48 pm »
Quote from: Patrick on July 23, 2013, 01:11:44 pm
EPS: Earnings Per Share

Ahh. Thanks. Makes much more sense now :)

5
Shares / Re: Today's Outlook
« on: July 23, 2013, 12:55:12 pm »
Quote from: jaDEB on July 23, 2013, 09:08:41 am
Group Five
expects HEPS for the year ended 30 June 2013 to increase
145
-
165% y/y. The company also expects fully diluted EPS and EPS to turn
around from a loss of 288cps in 2012 to between 265
cp and
290cp. Fully
diluted HEPS from continuing operations would range be
tween 310
cps and
345cps a share, 75
-
95% higher than the 177cps recorded last year

Hey,
EPS, as in eastern platinum? What does this mean for EPS??? Sorry, kind of new to shares.

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