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Messages - Orca

Pages: 1 ... 95 96 [97] 98 99 ... 153
1441
Shares / Re: CML
« on: April 09, 2014, 03:19:58 pm »
The trading statement today states that earnings should be greater than 20%. This is great but the previous trading statement stated that earnings will be "considerably" higher than 20% and it turned out to be just over 100%.

The wording of the statement to me means that things are slowing down but not bad at all hence no jump after the SENS and is somewhat flat.
Still good to go upwards but at a slower pace.

1442
Off topic / Live chat
« on: April 09, 2014, 03:06:58 pm »
Ok. In the CML thread.

1443
Shares / Re: Tax
« on: April 09, 2014, 03:06:07 pm »
I'm afraid that you will not satisfy the physical presence test as you have not been present in SA for at least 91 days in a tax year.
You are a non resident and will only pay tax on your SA earnings. CGT is only payable on the disposal of immovable property. Selling of property stocks are taxable but not other shares.
You must get your a into g and change your address as SARS is taxing you as a resident and you will pay more than you are required to.

1444
Shares / Re: Pulverized Sand Box
« on: April 07, 2014, 01:56:58 pm »
I picked NPN purely on technicals for the competition without looking at Tencent.  :wall:

1445
Shares / Re: PNC
« on: April 07, 2014, 01:53:09 pm »
I'll take a bit of a gamble and keep it. My thinking is that the charge won't stick as how is the accuser going to prove it?

1446
Shares / Re: Tax
« on: April 07, 2014, 12:37:35 pm »
SA will tax only earnings sourced in SA but you must declare your Ossie earnings. It gets quite complicated as I don't know your circumstances.
Did you inform SARS that you are emigrating and pay exit tax on your SA assets?
Where do you regard your home to be?
Do you spend time in SA every year?
What address has SARS for you?
If you are contacting overseas but have a home here or a wife that rents in SA, you can still be regarded as a SA resident for tax purposes.
Very important tip. If you are non resident, let your Broker know as your dividends might be tax free.
Not updating your address with SARS is a criminal offense.



1447
Off topic / Live chat
« on: April 04, 2014, 04:00:06 pm »
Hope the NFP results are not too good.

1448
Off topic / Live chat
« on: April 03, 2014, 06:37:13 pm »
Join the club mate. The markets are also members.

1449
Off topic / Live chat
« on: April 01, 2014, 08:08:41 pm »
Yes. I am booking my flight to Portugal on the 28 May thanks to CML. Will post from there.

1450
Off topic / Live chat
« on: April 01, 2014, 05:30:16 pm »
It's great to have an occasional summer shower in Cape Town.

1451
Off topic / Live chat
« on: April 01, 2014, 05:28:34 pm »
Yes. CML shot through the 100 resistance. Trading Statement soon I hope. Will see 110 at month end.

1452
Shares / Re: CML
« on: April 01, 2014, 02:59:42 pm »
Possible but I doubt it. The price is rising as a Trading Statement is expected very soon and as the markets have made new highs, that statement should be good.

1453
Off topic / Live chat
« on: April 01, 2014, 02:53:44 pm »
We have better climate due to the proximity of the cool sea. Hardly ever below 8 or above 32.

1454
Off topic / Re: Live chat
« on: March 31, 2014, 08:06:36 pm »
Can you explain that in English please.

1455
Off topic / Live chat
« on: March 31, 2014, 06:45:06 pm »
Why is CML shown as 9815 after 2 hours and the price is 9900?

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