Re Mittal Divi

[asylum]

Can anyone tell me if there are any taxes payable on the mittal specila dividen. The full amount was paid but only the standard divi is showing on the dividend page .

[SimonPB]

dividend and special div are tax free in your hands. But teh capital reduction will reduce your cost price and hence will mean more tax when you sell at profit.

[john_1]

Good Morning Simon... Has that lazy system of yours fired of any buy signals yet?

[SimonPB]

nope, not yeti, and still likely to be a way off. That said it currently says primary trend is down (so any trades will be shiorts until primary is up), having turned south on 03 Aug. In the last 3 years we've only had two down periods and both lasted 5 days in total.

[john_1]

When are you coming to Cape Town to teach me how it works, I always thought I was smart enough to outperform any lazy systems, turns I am only smart enough to realize that I am not.

[SimonPB]

ya that's why I love it, smarter then me and as lazy. Was in CT last week (or week before). Next trip for the trading skills course 3rd week of Nov. Otherwise you buy the drinks one time when I be in CT later thsi month or next.

[john_1]

Always happy to drink. Let me know when you are coming.

[SimonPB]

will do, have a few trips this month. When flgiths booked will give you a shout.

[john_1]

Cool.Done!