Bellabeck
09 Feb 2016
Re: Open Offer The thing is I am fully subscribed for the year on my SIPP and have cash within the wrapper and only limited cash in my investment account. I will give them a call and see what they say.
Kool Keith
08 Feb 2016
Re: Open Offer They never replied to my question, but could you not purchase from trading account then transfer to sipp?subject to those all important funds
Bellabeck
08 Feb 2016
Re: Open Offer I want to do the opposite, i.e. I have the excess shares offer in my investment account but would prefer to purchase them via my SIPP. Any thoughts on whether iii will let you do this?
Kool Keith
03 Feb 2016
Re: Open Offer had to sell some of another share to create available funds for the rights issue. I've also taken up a fraction more of the extra allowance.I've been in since the start like most of you and not planning on leaving this share any time soon.
TX2
03 Feb 2016
Re: I have only taken up the basic entitlement largely because I did n't have enough spare cash in my ISA to add a meaningful number extra in addition.In theory I could have applied outside my ISA for more I suppose but the "menu" on the online application only seemed to give an option of buying either in the ISA or otherwise & ringing up HSBC where the relevant ISA is to make a split application would take forever!The shares are still decent value.The only point is that any excess application will probably be scaled back if there are more applications than shares available.However if you were thinking of buying more,it is worthwhile as it is presently cheaper to buy via the open offer than in the market and you do not have to pay a dealing charge or stamp duty in addition.
MostlyWrong
03 Feb 2016
Thoughts... Most companies see their SP fall after a rights issue but BBOX has moved onto higher ground. Nice to see one of my shares rise...A couple of weeks ago, I read an item about The Range purchasing a large tract of land at Avonmouth in order to build a one million plus sq ft warehouse and wondered why BBOX wasn't mentioned, especially as The Range is already one of BBOX's tenants oop north. I wasn't surprised, therefore, when I heard about this rights issue. But that is speculation and I will have to wait and see what this cash is used for. I am taking up my rights and buying more because this company has not disappointed me.I have previously commented about the tax treatment of the PID, but have now completed last year's tax return and found that the 20% tax paid on the PID is returned as a credit (the PID and the tax paid is included as "Other UK Income"
. So, the PID in a trading account appears to be worth the same as in an ISA or SIPP where the provider has to reclaim the tax paid. It just takes longer for the 20% tax to reach your pocket, whereupon you promptly lose it again when you pay basic rate tax. Clear?You should only buy this share for your ISA or SIPP and let your provider reclaim the tax (and check that they do)!Anyway, all of that is in the rear view mirror because the Chancellor has changed the rules from this coming April - although he hasn't actually explained how... Stand by for even more complexity...I also disagree with iii's dividend calculation of 3.1%: the 5.5p paid in this tax year gives me 4.2% @ 132p. Maybe they have removed the 20% tax paid...MW
Bellabeck
03 Feb 2016
Excess offer at £1.24 is this a good deal going forward? I have committed myself to the basic (only 52 shares) and I could buy another 500 shares or so...
relaxtwotribes
28 Jan 2016
Re: Open Offer I would be interested to know what the answer is KK, but my initial thought is that the allocation of shares is not renouncable so I guess not. What you could do is sell one eleventh of your isa holding in the market and use those funds to take up your entitlement under the Offer. Then, using the surplus cash generated buy some more shares in the market. Of course, this only makes sense if you can cover the dealing costs.
Kool Keith
27 Jan 2016
Re: Open Offer I hold these in my isa, do you know if can apply for the additional shares but for them to be credited into the trading account? Isa fully funded and don't want to sell any other holdings.I've asked the question to iii but might be quicker using posters knowledge.
TX2
27 Jan 2016
Open Offer Although the share price,and consequent OO price,has risen so yield is now lower I think I will take up the basic entitlement as this has proved an excellent investment and the dividend on the OO shares will still give an above average yield.
II Editor
18 Sep 2015
NEW ARTICLE: Stockwatch: Multiple reasons to consider this share "Is LSE:MRW:Morrisons slumping on despair or fair judgment? Should you take more notice of directors' buying? Sentiment has once again turned against the supermarket chain following interim results, yet finance director Trevor Strain has made a ..."[link]
FRTEB
26 Aug 2015
Re: Question regarding dividends Thanks, ShipTap.Added BBOX to my watchlist and will see what further turmoil appears on the markets over the coming weeks before dipping a toe in the water.
ShipTap
25 Aug 2015
Re: Question regarding dividends Yes, but the 20% Withholding Tax (refunded to you in an ISA) on the PID part of the pay-out is sometimes delayed.
FRTEB
25 Aug 2015
Question regarding dividends Hi allA quick question, if I may.If I tucked a few BBOX shares in an ISA, would the dividends be paid free of tax? I ask as I currently hold no REITs and understand that BBOX dividends can be PID and non-PID. Specifically, If I buy any of these they would be held in a Halifax ISA (as that's the only one with uninvested cash). Would Halifax pay dividends free of tax into my ISA?Thanks muchlyBill
II Editor
25 Aug 2015
NEW ARTICLE: Stockwatch: A safe haven with a 5% yield "It isn't going up in a straight line but the chart for Mid 250 investor in logistics warehouses, LSE:BBOX:Tritax Big Box, reflects a sound strategy and capable management. The stock began trading at its 100p offer price in December 2013 and has ..."[link]
