BGR - Briscoes Valuation

[winner69]

BGP deposited $1,193.75c into my account. The statement on my account says......LMS O/A BRISC BRISCOE GROU................$1,193.17c. I had 26,155 shares. At 11.5c div = $3007.83c. Does this mean I was taxed $1,814.66c on $3007.83c?

On 26155 shares you should have got $2798.91

Sure you have this many shares - you have been paid out 11155 shares .....did you buy 15000 after the record date or something? That 15000 is a nice exact round number eh

[dragonz]

Have you checked your email since then ? My advice from the registry was timed at 4.21pm. Seems to be in order.

Oh just checked on the share registry and I had the wrong suffix number listed. No idea how this happened. i wonder if i have an account that I've forgotten about

[see weed]

On 26155 shares you should have got $2798.91

Sure you have this many shares - you have been paid out 11155 shares .....did you buy 15000 after the record date or something? That 15000 is a nice exact round number eh

This is a good one to figure out over the long weekend. Bought 6000 on 19/3/18, then bought 6000 on 20/3/18, then bought 14,155 on 21/3/18 and then sold them all on ex div day Friday 23/3/18. Record date was Monday 26/3/18. The div was 11.5c, but only received $1,193.75c payed into the account on 29/3/18.

[winner69]

This is a good one to figure out over the long weekend. Bought 6000 on 19/3/18, then bought 6000 on 20/3/18, then bought 14,155 on 21/3/18 and then sold them all on ex div day Friday 23/3/18. Record date was Monday 26/3/18. The div was 11.5c, but only received $1,193.75c payed into the account on 29/3/18.

Hope you work it out mate

Does seem odd that you have been 'shortchanged' by exactly 15,000 shares. Maybe some of the sales you mentioned you made on the 23rd went through early .....before the cut off.

Interested to know what happened

[JeremyALD]

This is a good one to figure out over the long weekend. Bought 6000 on 19/3/18, then bought 6000 on 20/3/18, then bought 14,155 on 21/3/18 and then sold them all on ex div day Friday 23/3/18. Record date was Monday 26/3/18. The div was 11.5c, but only received $1,193.75c payed into the account on 29/3/18.

Very loyal shareholder lol

[peat]

Very loyal shareholder lol

yeh with such short term trading around the ex date its inevitable the benefits get misallocated. Have to claim them through your broker I would guess.

[see weed]

Very loyal shareholder lol

Thank you. Have been very loyal to ten companies this month including BGP and am expecting 60k plus in divs from these comps. You can count on me pushing price up before div., which is good for anyone who wants to get out without the div. and get a good price. And then pushing price down after div for anyone who wants a bargain for long term investment. Am doing a good service for long term holders.

[percy]

Thank you. Have been very loyal to ten companies this month including BGP and am expecting 60k plus in divs from these comps. You can count on me pushing price up before div., which is good for anyone who wants to get out without the div. and get a good price. And then pushing price down after div for anyone who wants a bargain for long term investment. Am doing a good service for long term holders.

Who does your tax return.?

[see weed]

Who does your tax return.?

I do all the figures and calcs. and my accountant checks and works out all the imp. credits.

[winner69]

I do all the figures and calcs. and my accountant checks and works out all the imp. credits.

Sussed why you shortchanged on divie yet