Author Topic: Financial news and stock markets.  (Read 93813 times)

December 28, 2020, 10:07 PM
Reply #370
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I still dont understand how people would know the prices of items until checkout if it didnt include VAT.

Now it makes sense. I understand why VAT is included in the price. If there are different taxes for different items you'd go absolutely crazy trying to figure out the amount that has to be paid. This is not a problem when it's a flat tax like it is here.

If you are a business VAT is usually not included in price, or you can deduct the VAT. As to my understanding, they are exempt.

That's how it was when I was working. Many companies who bought from us were issued a tax exemption number and paid no tax when buying from us. The reason is that these people resell or export the item. If it were not for the exemption then tax would be paid as many as 10 times over on the same item. Export is exempt because buyers live outside the state and therefore don't use its services, hence no tax.

I dont know. Taxes are a mess.. All I know is that I will probably have a nice tax return the coming two months. Expecting €1000~4000 due to emergency tax when I arrived in ireland (40% salary got taxed by my company) before i got the tax papers sorted.
Taxes are less fun to do in Ireland than in Sweden. I'll probably just hire a tax broker to fix it for me.

The Irish government is returning an emergency tax you were charged?

With respect to doing taxes, here many people can go online and have their taxes done via a web site that does that sort of thing. All you do is input the data and their computer does the rest. I'd guess a similar service is available in Europe. Naturally people who makes lots of money and have plenty of assets usually have to pay a CPA (Certified Public Accountant) to do their taxes. They normally charge by complexity.

January 09, 2021, 12:55 PM
Reply #371
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Tonight, I'm going to talk about the Apple stock.
And I'm going to show you what I think is a bubble.

Look at the chart below.


In mid 2018, the Apple stock was trading between 190 and 200$ per share. Since there has been a split, it is the equivalent of 48$ per share. Now the stock is trading at 132$ per share.
aa1234779, humbert and Maher must be thinking that it's because Apple is making large profits and it's probably true. And yet, since 2018, revenues, as well as profits, are stagnating.
In fact, the price earnings ratio has been multiplied by 2.8.


As you can see below, Apple’s stock price appreciated at a much faster growth rate than its underlying free cash flow on a rolling twelve-month, forward-looking basis. The stock price is way ahead of its fundamentals. Apple is just one the many poster children for the manic speculation and excess in today stock market at large. Stocks like Microsoft, Tesla, and Netflix show similar looking disconnect.

May 25, 2021, 10:21 AM
Reply #372
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Lately, we have seen that Bitcoin lost half of its value in 15 days.
But this fall is nothing compared to the collapse of the solutions 30 share.

The day after the publication of uncertified accounts and after two weeks of price suspension, the Solutions 30 share fell to less than 4 euros on the Paris Stock Exchange against 10 euros previously, and the listing was constantly being interrupted in because of the rush of sellers.
The company specializing in the installation of electricity meters and fiber networks, accused of fraud and money laundering by an American fund that has bet on the decline in the share since 2019, is sinking into a maelstrom that does not please its shareholders.

Solutions 30 had requested the suspension of its title on May 10 from the stock market operator Euronext. The action was then displayed at 10.38 euros. Despite the absence of certified accounts, she had requested the return of the listing on Monday.
But since the opening, the stock of the company – which had joined the SBF 120 in September last year – has not been able to fully resume its listing, under the effect of massive sales which kept activating suspensions. mechanical, followed by very brief repeats. On Monday 24 May, the share lost around 74% of its value at 2.7 euros.

« Last Edit: May 25, 2021, 10:45 AM by scarface »

May 26, 2021, 09:25 PM
Reply #373
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I continue to believe that the stock market is a huge racket where the insiders at the top make all the money at the expense of those who continue to believe they can somehow make money. This or at the very least an institution that's not much different than gambling in a casino. Either way the odds are stacked against you.

While certainly we are all free to do with our money as we wish, personally I under absolutely no circumstances would invest a single cent in the stock market.