In this episode of Virtually Live, Shannon Rivkin covers: Temple & Webster Group (TPW), IPH Ltd (IPH), and more.
00:51 – Q1: I am a long time Rivkin subscriber and was wanting to know the best way to invest in SpaceX (SPACZZX) as I hear it is listing June 12th on the NASDAQ. I understand that gaining IPO allocation is tough. Do you feel I could try on the day of listing at market price via Rivkin broking? If so, I will need to open a trading account. Any advice would be appreciated, thank you. Also, I do understand this might not be an official Rivkin recommendation, which I am happy with.
04:26 – Q2: Regarding the budget and changes to taxation from 1 July 2027 could you please clarify what happens to those of us who have held a business for 5, 10 or even 15+ years?
If for example, you’re holding a speculative biotech that experiences great success, and you’ve been holding the stock for more than 10 years hoping to cash in on the 50% gains tax discount, what happens to your super profits?
Say you’ve spent $200,000 by buying 2 million shares at $.10c and they have a huge breakthrough which pushes the stock up to $1. You’ve been waiting for this to happen since the year 2010 and all of a sudden it happens on 1 July 2027. Will the entire gain be taxed under the new regime costing potentially hundreds of thousands of dollars from one day to the next?
07:17 – Q3: What did investors not like about TPW‘s (Temple and Webster) trading update last week?
13:33 – Q4: How can IPH continue to trade at low prices? Surely the stock’s exceptional yield would make it so attractive that the share price would push higher, particularly given what’s happened with the Budget and The potentially attractive impetus it has given to investors to convert to high-yielding stocks (over capital gains)?
Are there any signs of problems with the business or potential slowdown in revenue?