AG
-
Posts
30 -
Joined
Content Type
Profiles
Forums
Events
Posts posted by AG
-
-
On 5/5/2024 at 6:00 PM, TwoCitiesCapital said:
The only downside of buying local markets on IB was that you had to convert enough currency to make the trade and it was hard to get the right amount without uneconomic residuals sitting in the foreign currency.
No need for the autofx which is actually more expensive. You make the trade first and then close the negative currency balance. If there is a small residual Interactive Brokers automatically converts that to your base currency the day after I think
-
IBKR does have an issue with many stocks that trade primarily through market makers, mainly in the AIM, because IBKR only trades through the trading book at certain auctions during the day, which makes it less liquid. But that should not be an issue with GKP as the trading service is SETS as per the LSE webpage
-
8 minutes ago, TorontoChaosTheatre said:
That's a great question. So, what happened is that it initially traded in the main exchange. Now however, it trades on the less known AIM now because it no longer meets the requirements for the Main Exchange. I hope that helps.
Hi, it wasn't really a question but an statement. To my knowledge GKP trades on the Main Market
https://www.londonstockexchange.com/stock/GKP/gulf-keystone-petroleum-ltd/company-page
-
To my knowledge GKP trades on the main market, not the AIM
-
1 hour ago, Monsieur_dee said:
Value investor insight.
They interview different fund managers about stocks they find attractive. I've found it pretty interesting. If I can split it with a friend or two I might keep it. We'll see.
Thanks
-
20 minutes ago, Monsieur_dee said:
Signing up today.. I really didn't want to
but it's the first place I go to. Only pay for two services. Vii & tikr.
On the fence about renewing VII
What is Vii?
-
Thanks Bizaro, but how do you know that number?
As Bizaro says you need to add the undepreciated value from the PP&E sold. This would equal the disposal value, plus the accumulated depreciation from the disposed assets, minus gains from the disposal of assets. They provide two of the values but not the accumulated depreciation of the disposed assets but you can estimate it as the difference between: a) the depreciation charge for the year and b) the annual change in accumulated depreciation.
In addition to that you also have to deduct any writedowns in PP&E. There were large "Asset impairment and store closing charges" in 2007 and 2008. Part of those charges were goodwill impairments and JV impairments; the rest should mainly be PP&E (although there are potentially some inventory writedowns as well).
Attaching a file with all those numbers. The differences are much smaller.
ADR vs investing in native market
in General Discussion
Posted
If the market where the shares trade is not available in the broker. Or if the ADR has more liquidity (not normally the case but it can happen)
Another reason is if the ADR fees are cheaper that additional fees or taxes that you might have trading the shares. One such example is BATS, it is cheaper to buy BTI as you don't pay stamp duty.