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Bullboard - Stock Discussion Forum Longford Energy Inc V.LFD

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Post by farml1234on Apr 12, 2012 11:47am

News

Iraq Suggest Exxon Deals With Kurds Could Stand. Iraq suggest Exxon deals with Kurds could stand BAGHDAD — Iraq&CloseCurlyQuote;s top energy official says the country may be open to ...more

304

Comment by farml1234on Apr 12, 2012 4:25am

RE: RE: return of capital

Canadian government would withold 15% is correct but you get that back as a credit on your taxes in the USA

221

Discussion

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Comment by tankumoon Apr 11, 2012 8:33pm

RE: return of capital

If you are American investors, the Canadian government would withold 15% of the distribution, talk about ultimate insult.

185

Discussion

Comment by tankumoon Apr 11, 2012 6:24pm

RE: return of capital

If you are American investors, the Canadian government would withold 15% of the distribution, talk about ultimate insult.

168

Discussion

Post by dreamer05on Apr 11, 2012 12:39pm

Bestpick, that is it. The word dividend should never show up in the pay out, and should be called return of captial. Once the word dividend appears we are cooked. The taxe man only look at the ...more

251

Comment by farml1234on Apr 10, 2012 5:47pm

RE: Return of Capital

1BestPicks The big question will be the record date for the stockholder

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Discussion

Post by 1BestPickson Apr 10, 2012 5:08pm

Return of Capital

The dividend will be classed as a return of capital, so it will not be taxable if you paid more then 10 cents per share for all the LFD shares you own. Speak to your accountant.

307

Comment by dreamer05on Apr 08, 2012 10:05pm

RE: RE: dividends again!

To my knowledge you don't pay any taxe, nor can you claim any loss if LFD goes to zero. I myself hold some LFD in the TFSA. It is good if the stocks make money but ...more

288

Discussion

Post by dreamer05on Apr 07, 2012 6:57pm

dividends again!

For those readers who might not understand the consequence of disadvantage for shareholders if the pay out is in the form of dividends. For every dollar you receive you have to pay back 50 cents as ...more

504

Comment by dreamer05on Apr 06, 2012 8:42pm

RE: RE: dividends ?

Thanks wolf, however I can not use this technic. Because I am losing money if I sell I can not buy them back in 30 days to claim the loss. I am sure there are lots of shareholders who are in the ...more

296

Discussion

Comment by Gray_Wolfon Apr 06, 2012 1:29pm

RE: dividends ?

if you dont want to pay tax, sell your shares one day before the dividends are distributed, and buy back the shares next day. you will be able to avoid paying tax by this way.

269

Discussion

Post by dreamer05on Apr 06, 2012 12:44pm

dividends ?

One thing I oppose very mush is the pay out in the form of dividents. We shareholders are losing money here. The company LFD never make any money so far. How can you put the pay out money ...more

322

Post by stoktikon Apr 05, 2012 2:07am

Why wouldn't the Kurds

just boot the Forbes guys off site and take the money from Genel ?

312

Comment by dreamer05on Apr 04, 2012 10:16am

RE: RE: RE: Amazing Dividend Here

The deal will go thru, It was in black and white in the agreement. If not the parties will face a lot of law suit.

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Discussion

Comment by tankumoon Apr 04, 2012 1:31am

RE: RE: Amazing Dividend Here

Jonny, I don't think the dividend is a sure thing. There is a hedge fund buying 20% or so of the shares outstanding and they may kick out the old management, if they aer successful. I ...more

365

Discussion

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