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Surge Energy Inc V.SGY

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s): T.SGY|ZPTAF|T.SGY.R|T.SGY.O

Price: $6.96 | Change: +$0.17 | % Change: +2.50%
Volume: 2.9m | Day High/Low: 6.96/6.79 | 52 Week High/Low: 7.30/2.68

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0 stars

RE:RE:RE:RE:W8asec Questions?

w8asec: The MIC also have the interest rate sensitivity and full taxation unless I missed something. I see the advantage perhaps of preservation of capital. 2. re: ALA. I bought one year ago on the...read more
1 star


So.... what is the total tax paid on $400,000 of eligible dividends for the 2013 taxation year??? How much off am I at $91K..... (how about $91,534.17)  I guess I was off by 500 bucks (approx. - I...read more
1 star

RE:RE:RE:W8asec Questions?

Hi Serge - Yes on the divy tax thing... completely blown out of proportion... possibly to avoid ACCEPTING the fact that it is useless if the stock drops more than the divy,,, what can I say - You...read more
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RE:RE:W8asec Questions?

w8asec:   I understand. I think people were getting confused by your terminology of paying half in tax. What you seem to mean is that you are paying tax (no.1 ie it is not free above 40K divs) and...read more
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W8asec, i few things, First, you certainly proved to me and this board,  your  financial literacry is mediocore at best, if not a complete failing. the top tax rate on CED in BC is 25.78 percent for...read more
3 stars

RE:W8asec Questions?

Serge001, I don't see any sign of SGY going the PWT route yet... It is just an example that we CAN be vunerable if changes (sh1t happens) occurs.  I just simply have the same worries you have once a...read more
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What sources do you find the most useful in your DD on stocks such as SGY or other sectors. Links would be helpful. Thanks.  rate and reply
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w8asec - your concern for the pensioners rings a little holllow. If in fact you are concerned, you would do a little more research before posting misinformation about the tax treatment of dividend...read more
3 stars

W8asec Questions?

Respectfully........ 1. I can see your points on PWT. I hope PC knows how to safeguard the company as he has good experience. I don't think he takes a salary. He is invested in this company. If you...read more
3 stars


I know that I sound way too pessimistic but someone has to point out the possible negative side so that newer investors don't blindly invest on all this overly optimistic talk about yield... I think I...read more
3.5 stars

RE:RE:RE:RE:RE:RE:RE:RE:RE:Looks like we will be stuck here............

It is correct... and I have a short sell order in that has not filled... you see, I don't think the market wants LNV shareholders to make more than $5.99 per share equivalent, in the short term...read more
3.5 stars

RE:RE:RE:RE:RE:RE:RE:RE:Looks like we will be stuck here............

w8asec - that too is incorrect.  Income is income, whether employment or dividend.  The tax treatment on dividend income is more favourable than emploment income because of the dividend tax credit...read more
1.5 stars


No one as stupid as you seem to be would have any money in the market. I think you are just some loser here to annoy people. You are on ignore now.  rate and reply
3.5 stars

RE:RE:RE:RE:RE:RE:RE:Looks like we will be stuck here............

Good post,... and it is my conviction... and BTW - once your dividend income climbs over $200K per year you begin to pay more than 50% tax in comparisome to income from employment.   So your post is...read more
5 stars

RE:RE:RE:RE:RE:RE:Looks like we will be stuck here............

w8asec - first, let's deal with the factual part of our discussion. Your tax explanation is incorrect, on so many levels. You are obviously not versed in this area. It's a difficult area and just...read more
3.5 stars

RE:RE:RE:RE:RE:Looks like we will be stuck here............

It still ends up at about half in my case...There is a tax estimator at www.knowledgebureau.com.  Pretty simple to use.... just plug in the numbers and compare what your tax bill will be.... in my...read more
5 stars

RE:RE:RE:RE:Looks like we will be stuck here............

w8asec - with all due respect, you are getting your dividends and capital gais mixed up. Capital gains are taxed on half the gain. Dividends are considered income, there is no way to be 'fully taxed...read more
3.5 stars


Most people with a cost base under $5. would be happy and wouldn't resort to telling a fellow poster to do what you just said.....so, I guess you are in a loss possition.  rate and reply
2 stars


My cost base on SGY under $5, so go fck yourself  rate and reply
3 stars


I haven't gotten filled yet.... will let you know if I do.... BTW - what are your losses at with SGY to date?  rate and reply