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    • Woodlands27
    • By Woodlands27 20th Mar 17, 1:59 PM
    • 1 Posts
    • 0 Thanks
    Woodlands27
    Cost of selling shares
    My mother past away last year and I am settling her estate. she had a handful of shares in BT and BG which I am in the process of selling so the cash can be distributed across the family.
    Equinity are asking for £79.50 to process this; £34.50 countersignature fee, £45 administration!!
    this seems excessive, is there anyway to avoid these cost?
    • cloud_dog
    • By cloud_dog 20th Mar 17, 4:03 PM
    • 2,965 Posts
    • 1,571 Thanks
    cloud_dog
    A couple of things....

    1) You no longer own BG, you will have a holding in Royal Dutch Shell (RSDB shares)

    2) You don't have to sell the shares (as far as I am aware), you could transfer ownership free of charge.

    Would any of the family happily accept the shares in lieu of cash?
    Personal Responsibility - Sad but True

    Sometimes.... I am like a dog with a bone
    • sabretoothtigger
    • By sabretoothtigger 4th Apr 17, 1:36 PM
    • 9,985 Posts
    • 6,590 Thanks
    sabretoothtigger
    Are they share certificates, they can be sold anywhere. The equinty thing is generally a shake down on people who dont know better. Nominate another broker if possible
    Tokyo residential prices have gone from 4x London in 1990 to ľ London in 2014
    Maybe this is one of those cases where you canít go home again,
    by Ben S. Bernanke, former Fed chairman
    • sabretoothtigger
    • By sabretoothtigger 10th Apr 17, 12:42 PM
    • 9,985 Posts
    • 6,590 Thanks
    sabretoothtigger
    Code:
    Monday April 10
    
    INTERIMS
    Empiric Student Property
    
    INTERIM DIVIDEND PAYMENT DATE
    Aurora Investment Trust, Colefax Group
    
    FINALS
    Highland Gold Mining Ltd., Safestay, Thalassa Holdings Ltd. (DI)
    
    ANNUAL REPORT
    LiDCO Group
    
    AGMS
    Bank Audi S.A.L. GDR (Repr 1'Com'Shr Lbp1650)(Reg S)
    
    TRADING ANNOUNCEMENTS
    Grafenia
    
    Tuesday April 11
    
    INTERIMS
    APC Technology Group, Applied Graphene Materials , Egdo! n Resources
    
    INTERNATIONAL ECONOMIC ANNOUNCEMENTS
    Industrial Production (EU) (10:00)
    
    FINALS
    JD Sports Fashion, Vedanta Resources
    
    ANNUAL REPORT
    Yu Group
    
    SPECIAL DIVIDEND PAYMENT DATE
    Ferrexpo
    
    AGMS
    Law Debenture Corp., Porvair
    
    TRADING ANNOUNCEMENTS
    Ramsdens Holdings
    
    UK ECONOMIC ANNOUNCEMENTS
    Producer Price Index (09:30)
    Retail Price Index (09:30)
    
    Q1
    XP Power Ltd. (DI)
    
    Wednesday April 12
    
    INTERIM DIVIDEND PAYMENT DATE
    Haynes Publishing Group
    
    INTERNATIONAL ECONOMIC ANNOUNCEMENTS
    Crude Oil Inventories (US) (15:30)
    Import and Export Price Indices (US) (13:30)
    MBA Mortgage Applications (US) (12:00)
    
    FINALS
    Tesco
    
    SPECIAL DIVIDEND PAYMENT DATE
    M. P. Evans Group
    
    EGMS
    Draganfly Investments Ltd.
    
    AGMS
    Hunting, Low & Bonar, TMT Investmen ts, Verona Pharma
    
    TRADING ANNOUNCEMENTS
    Atkins! (WS), Pagegroup
    
    UK ECONOMIC ANNOUNCEMENTS
    Claimant Count Rate (09:30)
    
    FINAL EX-DIVIDEND DATE
    Sagicor Financial Corporation Limited (DI)
    
    Thursday April 13
    
    INTERIM DIVIDEND PAYMENT DATE
    Abcam, Clinigen Group, Dunelm Group, Trifast, Tristel
    
    INTERIM EX-DIVIDEND DATE
    Manchester & London Investment Trust, Northamber
    
    QUARTERLY PAYMENT DATE
    GlaxoSmithKline, Regional REIT Limited
    
    QUARTERLY EX-DIVIDEND DATE
    JPMorgan Asian Investment Trust, Middlefield Canadian Income PCC
    
    INTERNATIONAL ECONOMIC ANNOUNCEMENTS
    Consumer Price Index (GER) (07:00)
    Continuing Claims (US) (13:30)
    Initial Jobless Claims (US) (13:30)
    Producer Price Index (US) (13:30)
    U. of Michigan Confidence (Prelim) (US) (15:00)
    
    ANNUAL REPORT
    M. P. Evans Group
    
    SPECIAL DIVIDEND PAYMENT DATE
    Asian Growth Properties Ltd Com Shs (DI)
    ! 
    SPECIAL EX-DIVIDEND DATE
    esure Group, Savills, Sherborne Investors (Guernsey) 'B' Limited
    
    AGMS
    Drax Group, Heavitree Brewery, ROS Agro GDR REG S
    
    TRADING ANNOUNCEMENTS
    Hays
    
    FINAL DIVIDEND PAYMENT DATE
    Grafton Group Units, Low & Bonar
    
    FINAL EX-DIVIDEND DATE
    AFH Financial Group , Arbuthnot Banking Group, Belvoir Lettings, Chesnara, Clarke (T.), esure Group, Globaldata, Gulf Marine Services, International Personal Finance, Johnson Service Group, JPMorgan American Inv Trust, Private & Commercial Finance Group, Reckitt Benckiser Group, Savills, Secure Trust Bank, Standard Life, Taylor Wimpey, Travis Perkins
    
    Friday April 14
    
    INTERIM DIVIDEND PAYMENT DATE
    Origin Enterprises
    
    INTERNATIONAL ECONOMIC ANNOUNCEMENTS
    Business Inventories (US) (15:00)
    Consumer Price Index (US) (13:30)
    Retail Sales (US) (13:30)
    Tokyo residential prices have gone from 4x London in 1990 to ľ London in 2014
    Maybe this is one of those cases where you canít go home again,
    by Ben S. Bernanke, former Fed chairman
    • sabretoothtigger
    • By sabretoothtigger 20th Apr 17, 2:06 AM
    • 9,985 Posts
    • 6,590 Thanks
    sabretoothtigger
    This seems a good write up on value in a share vs price

    https://www.reddit.com/r/investing/comments/66aazx/berkshire_hathaway_is_undervalued/

    Tokyo residential prices have gone from 4x London in 1990 to ľ London in 2014
    Maybe this is one of those cases where you canít go home again,
    by Ben S. Bernanke, former Fed chairman
    • ian-d
    • By ian-d 20th Apr 17, 11:51 AM
    • 320 Posts
    • 74 Thanks
    ian-d
    Are we allowed to discuss individual shares in this thread? If so, I would like some views on 'Lloyds Banking Group plc (LLOY)' as a long-term investment. After the turmoil they have been through, they would appear to have got their **** together, and I certainly like them as a bank to deal with, nice UI, great customer services, decent enough range of products, but that doesn't mean much at the top-end. Would their financials suggest the 60-70p mark is about their upper range, or could we see a return to the glory days for them?
    • AnotherJoe
    • By AnotherJoe 20th Apr 17, 3:11 PM
    • 5,958 Posts
    • 6,236 Thanks
    AnotherJoe
    I've got some in my income portfolio.i don't expect them to grow a lot since higher income shares generally don't.
    • sabretoothtigger
    • By sabretoothtigger 20th Apr 17, 4:15 PM
    • 9,985 Posts
    • 6,590 Thanks
    sabretoothtigger
    A share that pays no income is just retaining its dividends really and vice versa. BRK never pays anything but the price reflects its retained earnings

    Lloyds is one I watch, its price was 'diluted' by government divesting its position. They have a unique hold over the UK and generally should do well with good practise, I think 1 in 3 are customers of this company. They can be 100p but are held back by previous mistakes with PPI and also they have bought MBNA which Im not sure is great long term but is nice profit while we have this rates situation
    Tokyo residential prices have gone from 4x London in 1990 to ľ London in 2014
    Maybe this is one of those cases where you canít go home again,
    by Ben S. Bernanke, former Fed chairman
    • grey gym sock
    • By grey gym sock 20th Apr 17, 4:30 PM
    • 4,012 Posts
    • 3,458 Thanks
    grey gym sock
    A share that pays no income is just retaining its dividends really
    Originally posted by sabretoothtigger
    or it's not making any profits
    • sabretoothtigger
    • By sabretoothtigger 20th Apr 17, 8:29 PM
    • 9,985 Posts
    • 6,590 Thanks
    sabretoothtigger
    Well yea but a share can pay dividends and make a loss, in theory the share price should keep falling but we know prices are not always accurate.
    A famous fund manager Woodford complains our big listed oil companies are liquidating not actually profitable enterprises, they pay dividends from asset sales and he believes the stocks are not to be held if I remember right.
    Last edited by sabretoothtigger; 20-04-2017 at 8:31 PM.
    Tokyo residential prices have gone from 4x London in 1990 to ľ London in 2014
    Maybe this is one of those cases where you canít go home again,
    by Ben S. Bernanke, former Fed chairman
    • Pincher
    • By Pincher 20th Apr 17, 10:40 PM
    • 6,373 Posts
    • 2,412 Thanks
    Pincher
    Would their financials suggest the 60-70p mark is about their upper range, or could we see a return to the glory days for them?
    Originally posted by ian-d
    http://www.londonstockexchange.com/exchange/prices/stocks/summary/fundamentals.html?fourWayKey=GB0008706128GBGBXSET0


    Net Asset Value per Share (exc. Intangibles)!
    2012 53.70p
    2013 49.10p
    2014 64.19p
    2015 60.42p
    2016 63.18p

    Funnily enough, the share price is ~64p today.


    Remember Joseph and the Amazing Techni-coloured Dream Coat?
    Seven years of plenty, followed by seven years of famine.

    A decade ago, Lloyds was the dividend King, giving ~8%, year after year, which is your glory days, and then the years of zero dividends post credit crunch and government bailout.

    Dividend started again in 2015.

    FY2014 0.75p
    FY2015 2.75p
    FY2016 3.05p

    Pretty close to seven years of famine. Spooky.

    Nice annual results on 22 February 2017, and a claimed progressive dividend policy. At 64p a share, 3.05p dividend is 4.7%. If you bought at 64p, and the dividend goes up to 3.3p next year, that's 5.1%.

    It went ex-dividend on 6th April 2017, paying 2.2p .
    I bought some at 65.6p on 5th April So I am getting
    ~4.6% = 3.05 / 65.6

    Well, I also have some I bought at 69p, around 22nd February, so 4.4% on those.


    http://www.londonstockexchange.com/exchange/news/alliance-news/detail/1491204004610683100.html

    "The UK government's holding in the bank now stands at 1.97%, or approximately 1.41 billion shares. This was reduced from its previous level of 2.10 billion shares, with the share sale made at an undisclosed price."

    The government seems to sell at a discount, since why would any institution buy at a premium? So, the sneaky backroom sales are probably holding the open market price down.

    I feel perfectly happy if it hangs around 65p, with +/-5p wobble, and paying 4.5%. I do expect it creeping up as the dividend goes up.
    Last edited by Pincher; 20-04-2017 at 10:43 PM.
    What happens if you push this button?
    • Michaelhighland
    • By Michaelhighland 21st Apr 17, 12:33 PM
    • 1 Posts
    • 1 Thanks
    Michaelhighland
    Cheaper Share Platform
    Hi All, not sure if this is an old article but I wanted to bring to your attention a cheaper alternative for trading. It's call De Giro. I have been using for a little and their fees are by far the cheapest at £1.75 +0.004%.

    Let me know your thoughts

    Just google De Giro
    • AnotherJoe
    • By AnotherJoe 21st Apr 17, 7:17 PM
    • 5,958 Posts
    • 6,236 Thanks
    AnotherJoe
    My thoughts are, you are a spammer. Bye.
    • Vortigern
    • By Vortigern 21st Apr 17, 7:57 PM
    • 2,170 Posts
    • 1,397 Thanks
    Vortigern
    Just google De Giro
    Originally posted by Michaelhighland
    Sounds like a scouser's weekly income.
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