Standard Life Shares

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To paula.paula13

Go with your instinct. Then you've only got yourself to blame, not MSE .

Novices, and anyone who cannot afford to lose money, should not hold individual shares.

So do the right thing for yourself, even if you "lose" money by not holding the shares should they go to a profit.

On the other hand, it is an investment in the stock market without having to pay any middle man (fund manager or IFA) any annual fees .

You've gotta work out how much of a gambler you are.

Paul_-C-

I'm selling mine. I've been looking into HYP, so might use it to buy my first lot of shares for that.

multimillionaire

Not been offered any windfall shares myself....but have been offered the 5% discount to purchase on floatation....

I'm going for the offer personally with the certificate option....

The way I see it is at least 5% instant profit head start ahead of the rest of the pack on floatation day. No fees to pay to aquire them. Dividends are there too. Go long term and get a further bonus number of shares a year down the road....may sell sooner - who knows!

I know - I know....it can go down too....thats the risk I choose to take on!

For those uncertain who are errrmm-ing and ahhh-ing about it all! Remember shares generally are medium to high risk - long term strategies.

Ultimately, "dont use what your not prepared to lose". Simple as that.

Its a gamble....play your game - nobody elses...

plumb1_2

MarkyMarkD wrote:

Unless you are opting to sell on flotation, I think it's mad to use the SL share account. If you do so, you can ONLY sell through SL's arrangement with Computershare, and the rates are extortionate - 0.5% for online deals, with a £15 minimum but NO maximum.

As an earlier post said, opt for the share certificate and then "dematerialise" the shares with a cheap online share dealing firm e.g. TD Waterhouse or whatever, then sell them when it's suitable for you at a FIXED amount of c.£15.

If you are going to keep the shares and get the certificate, remember to go to step 5 and tick the box.

There is also on offer on to get a extra £75 when you deposit your certificate inti a Squaregain account( see T&C)
See more about this offer here :: No linking to the referral board please - FM ::

MarkyMarkD

BUT I have read elsewhere that if you dematerialise the shares within the first year, you lose the rights to the extra 5% bonus shares - any comments on this?

rchddap1

Have finally decided to sell my shares immediately. I am pregnant at the moment and am working on my little savings stash. I'm only authorised to 203 shares, but the money would be useful to put towards bean. £500 now could be very useful to us in the next 6 to 12 months.

Shame, because otherwise I would have kept the shares.

plumb1_2

MarkyMarkD wrote:

BUT I have read elsewhere that if you dematerialise the shares within the first year, you lose the rights to the extra 5% bonus shares - any comments on this?

From the prospectus p.21

"If you don't hold your shares and extras in the SL Share A/c, you may be required to confirm your eligibility to receive bonus shares."
"If you move your shares out of your SL Share A/c in favour of a share certificate, you will not lose any eligibility for bonus shares, provided they are still held in the same name. We will include more details in the Welcome pack."

Milarky

Anyone know when cheques submitted will be cashed in relation to the actual float date of 10th July (ie does when you send one in make any difference to the 'settlement' date?)

Thanks

MarkyMarkD

plumb1 wrote:

From the prospectus p.21

"If you don't hold your shares and extras in the SL Share A/c, you may be required to confirm your eligibility to receive bonus shares."
"If you move your shares out of your SL Share A/c in favour of a share certificate, you will not lose any eligibility for bonus shares, provided they are still held in the same name. We will include more details in the Welcome pack."

But if you dematerialise them, they are then held in the NAME of the nominee and your name ceases to appear on the share register. That's what nominee means.

I expect that the Welcome pack will say that you still qualify, as long as you can prove you hold the shares (albeit in a nominee account) but I shall wait to see before accepting plumb1's generous offer.

paula.paula13

I have decided to sell & take the money! I phoned Standard Life and they say that if I want a cheque (instead of the SL share account) then all I need to do is leave the acc number boxes blank when I complete the "sell" form.