Alliance and & Leicester shares?

lky2k23

I'm looking to buy some shares in Alliance and Leicester - have just opened a current account with them as well - whats the easiest/cheapest way for me to purchase some shares?

thanks

ReportInvestor

Although A&L shares have risen on Spanish bid hopes, they were not recommended as a buy (just a hold) in a very recent Sunday Times article that was otherwise very positive about the banking sector on the back of the latest profit figures.

Any particular reason you are set on A&L?

With the sort of savings in your signature you should probably be looking to build up Cash ISAs and then branch out into collective funds - e.g. Unit Trusts, Investment Trusts, OEICs - rather than individual shares that might excite OR disappoint.

nilocmac

On a similar theme I'm looking to SELL some shares in Alliance and Leicester what is the easiest/cheapest way for me to sell 250 shares?

EdInvestor

A good spot to start accumulating a share portfolio cheaply is a Halifax Sharebuilder account. Only 1.50 to buy a share. You can make regular contributions and buy a differnt stock every month.

A&L is quite a good one to focus on first IMHO as it pays a very decent dividend. Buying shares that pay out divis means you accumulate extra money in your account and can buy more shares more quickly.

Diversification into different sectors ( eg retail, oil, utilities,telecoms etc) as you get each share will reduce risk in your portfolio.

lky2k23

I just think it would be nice to have a few shares in something nothing major say £100.00

Thought A&L looked good and something that I think will get better and better.....

equitydealer

nilocmac wrote:

On a similar theme I'm looking to SELL some shares in Alliance and Leicester what is the easiest/cheapest way for me to sell 250 shares?

Chepeast way is through LLoyds TSB for selling/buying paper A&L shares

https://www.shareview.co.uk

isasmurf

Are they held in the Sharesafe scheme? If they are, then details on how to sell are through the sharesafe website
http://www.alliance-leicester-group.co.uk/html/shareholder/share_dealing.asp