Royal Mail privatisation... Would you?

2010

sabretoothtigger wrote: »

Have they already done so ? Im not sure but I think buying upwards of 300 is a fair bet and it'll probably hit 400 as a ceiling where posties and others who have no real interest in keeping money tied up this way will sell.

Posties are stuck with their free shares for three years.

sabretoothtigger

I think a few will buy on top, I know I would

scott_lithgows

sabretoothtigger wrote: »

I think a few will buy on top, I know I would

Posties cash is being kept for the all out strike in December.

barginboyrob

oh crap,

I couldn't log into my normal share dealing account, so i bought some via the Royal mail website.....

However, I clicked on "get your share certificate" instead of this royal mail trading account thing, which means its a paper copy, how do I sell this?!

I guess I will have to wait for days until I can make a sale? arghh

marvin

barginboyrob wrote: »

oh crap,

I couldn't log into my normal share dealing account, so i bought some via the Royal mail website.....

However, I clicked on "get your share certificate" instead of this royal mail trading account thing, which means its a paper copy, how do I sell this?!

I guess I will have to wait for days until I can make a sale? arghh

Easiest way is to send it too your normal broker and get them to add it to your account but yes you will have to wait a while for this.

barginboyrob

marvin wrote: »

Easiest way is to send it too your normal broker and get them to add it to your account but yes you will have to wait a while for this.

Would i just be able to give the certificate back to the Royal mail share service scheme on the day before they send it..?

faddy

I've just put in two applications, one for me and one for my wife, on the Royal Mail site, and used my debit card for both applications. Only afterwards did I read in the FAQs that the debit card has to be in the applicant's name.

Both applications appear to have gone through ok. Any educated guesses as to what will happen to the application in my wife's name?

marvin

barginboyrob wrote: »

Would i just be able to give the certificate back to the Royal mail share service scheme on the day before they send it..?

Sorry have no idea on this but how can you send it back to them the day before they send it to you?

2010

barginboyrob wrote: »

Would i just be able to give the certificate back to the Royal mail share service scheme on the day before they send it..?

How can you give them it back before you get it?
You`ll have to fill in the correct forms and send it to your broker to transfer to your nominee account.
Might take a couple of weeks and you should be able to print the forms from your broker`s site.

block10

Interesting royal mail shares are currently trading 387p on the grey market (IG Index) suggests a 30p profit per share or a £225 return on the min holding (£750)