Royal Mail Shares

brasso

zaber86 wrote: »

Sold 162 shares at about £4.80ish Got back my £750 invested and I get the remaining 65 Shares for free

Don't forget to factor in the commission and other costs. Those 65 shares are going to have to go some to make you any decent money once you include costs -- including for the original purchase. (Edited.)

zaber86

Doshwaster wrote: »

That's one way to do it. Another option (which I'm thinking of doing) is to sell 65 to get the £350-ish "money for nothing" then leave 162 shares worth the original £750 invested. You can then either keep them for the dividend or sell if the price goes silly over the next few weeks.

I did think that but I wanted to make sure I didn't loose money as my finances are quite tight ATM. Now if all goes well I get £15 or so in dividends/yr. If I had sold all I probably would have blowed the money somewhere in all honesty.

gjchester

benjii wrote: »

The sell is instantaneous.

• 
  The commission is £17.50.

• 
  You have three options to sell:
  1. At best (at best price) - This is what I've used :beer:
  2. With limits (I think you can specify that you want to sell for example only above 490p)
  3. Stop loss order (not sure what this means)

• 
  You can select if you want to be paid by cheque or bank transfer. I selected cheque.

Good post, few minor points....

When you hit sell you get 15 seconds to confirm, selling price may improve in that time and you get the extra.

OK< now I'm ot a huge investor but this is my understanding.

With Limits refers setting a trigger price , so you would say I want to sell XX shared when they hit £YY, if it goes to £YY it triggers the buy or sell, but the price may change before the actual trade occurs, A With Limits should proceed as long as the price remains in the limit that triggered it, and it's not a guarantee of a sale.

A Stop Loss is more of a backup, once the price is hit the action is triggered even if the price drops further, its oftne used so you guarantee a profit.

Putting RMG numbers in to make a bit more sense.

I want to sell them whe they go over a fiver, so I set a selling limit order of £5.00 a share. If they go above a fiver they will sell, but if they just go over, then drop back to £4.99 before the trade completes then they should remain unsold. IF they never go over a fiver they will never sell, its a good option to set a specualtive price and leave it.

However lets say I want to make 30% on my investment but not risk any further slide. I'd set a stop order of £4.29, so if they drop to £4.29 they trigger a sale order. However if they slide further to £4.28 thats fine the shares still sell and I'll get less, but it protects my gains (crystalises profits is the usual term) This is useful to set portfolio's to protect profits.


Finally you can be paid by BACS but you'll need to have already sent them a cancelled check for them to set it up, I never have and jsut get a cheque each time. I don't do enough selling to worry about it...

zaber86

brasso wrote: »

Don't forget to factor in the commission and other costs. Those 65 shares are going to have to go some to make you any money at all once you include costs.

I don't plan on selling them, just pocketing the dividends. If Royal Mail do well then I'm quids in. If they don't I haven't lost a penny.

tuk

Antimoron wrote: »

Same boat!

I wish someone who chose share certificates would confirm if they've got an email!

AFAIK ...your certificate is going out by post, not email.

mcscoty1973

How long does it take for the cheque to arrive then?

When you sell, do you get a confirmation of the selling price so you know exactly what you will get?

gjchester wrote: »

Good post, few minor points....

When you hit sell you get 15 seconds to confirm, selling price may improve in that time and you get the extra.

OK< now I'm ot a huge investor but this is my understanding.

With Limits refers setting a trigger price , so you would say I want to sell XX shared when they hit £YY, if it goes to £YY it triggers the buy or sell, but the price may change before the actual trade occurs, A With Limits should proceed as long as the price remains in the limit that triggered it, and it's not a guarantee of a sale.

A Stop Loss is more of a backup, once the price is hit the action is triggered even if the price drops further, its oftne used so you guarantee a profit.

Putting RMG numbers in to make a bit more sense.

I want to sell them whe they go over a fiver, so I set a selling limit order of £5.00 a share. If they go above a fiver they will sell, but if they just go over, then drop back to £4.99 before the trade completes then they should remain unsold. IF they never go over a fiver they will never sell, its a good option to set a specualtive price and leave it.

However lets say I want to make 30% on my investment but not risk any further slide. I'd set a stop order of £4.29, so if they drop to £4.29 they trigger a sale order. However if they slide further to £4.28 thats fine the shares still sell and I'll get less, but it protects my gains (crystalises profits is the usual term) This is useful to set portfolio's to protect profits.


Finally you can be paid by BACS but you'll need to have already sent them a cancelled check for them to set it up, I never have and jsut get a cheque each time. I don't do enough selling to worry about it...

gjchester

mcscoty1973 wrote: »

How long does it take for the cheque to arrive then?

When you sell, do you get a confirmation of the selling price so you know exactly what you will get?

Answering them the other way around.

When you sell you get a price per share, that may improve as the trade happens and no, you don't have to confirm it, you can get a requote (quotes are valid 15 seconds) if you want more per share.

When you confirm is tells you the price sold for and any fees and lists exactly what you will get paid.

You get a confirmation in the post in a day or two, and the cheque usually follows about 5 days after the sale.

Laz265

Just sold mine. Hopefully price will stay around £4.80 until 3 PM.

hadders93

tuk wrote: »

AFAIK ...your certificate is going out by post, not email.

The certificates are received by post, but I was under the impression that we would still receive an email confirming allocation etc

geebet

Has any one who asked for a certificate received your shareholder reference number?