In case the above figure doesnt display properly, here is the url to the original website:
http://futures.tradingcharts.com/chart/CO/88
.
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In case the above figure doesnt display properly, here is the url to the original website:
http://futures.tradingcharts.com/chart/CO/88
.
They wont be able to defer the profit for tax purposes if thats what your meaning. Put it in the bank, pay dividends, what ever they do, the profit will be the same, and tax will be the same.
Cam, about tax credits, they are all used up. Had only about $85 million worth if i remember right.
Royalties would certainly be under the 20% of profits rather than 5% of revenue...for every $1 profit before tax it would look like:
$1 - 30% tax = $0.70
$0.70 - 20% royalty = $0.56 after taxes and royalties.
hi Bermuda
I had hoped to buy more nzo at close trade today but the price is up and it looks as if the desperate sellers willing to give away nzo are drying up .
I still have quite a few cue left-they have gone nowhere since I bought them a few years ago .
Do you consider it would be wise to sell them and get more nzo -or would i be better buying more cue-or even ppp .
90% of my stock investments are in nzo already .
Personally i feel i should buy more nzo as the sp is almost certain to rocket soon
Bermuda / Shrewdy
You are right in saying Tui has been an outstanding start but the best is yet to come ;)
I am going back to the NZO trough on Monday morning to pick up on any price dip there may be because I think this puppy is going to run like hell next week. Momoho has to be near or at paydirt. :D
I am looking for a BIG week next week......... let the good NZO times roll
Oiler
i was about to reply to fish and say that if he sold CUE he should invest in PPP instead of NZO, then oiler posted..... and im wondering which is the better?
i have been thinking of selling NZO and putting the lot on PPP. but NZO does have an absolutely awesome ride ahead what with kupe comming on line next year, and some $400,000,000 in the kitty ....... via the option cash and tui income, and pike and kupe still to add to the cash mountain!
PPP is sitting on a pile too.... but no word about its future allocation.
gosh....... what a dillema.
Duncan - I note you tend to only join the discussion when there are down days, selective posting?
As always DYOR but as you have asked me what I would do I respond as follows.
I would Keep NZO, sell CUE and with the proceeds buy VPEO amd TEXO.( for a bit of fun )
Cue might double over time but the others will get you more leverage and a lot more fun.
Good luck. DYOR.
Look at Oiler's comment re NZO. Looking good.
Brian Gaynor has a piecs in todays hearold about the shocker 21% first half year fall.Worst half year since 1990. There were only a few rises in this period. NZO topped the few that increased invalue being the best preformer on the top 50 this half.Note PRC was not in the top 50 in this period.