Royal Mail Shares

Klambo

Doshwaster wrote: »

Price rising again. Went down to 475p over lunch but now heading back to 485p.

I don't think I would have the nerve to be a day trader. Watching prices must drive you nuts.

Allow me the ability to turn back time, and I'd love to sell them for £4.75!:)

mrmustard

Call me old fashioned BUT I 'think' everyone seems to be misinterpreting the ambiguity in the email you get sent with your Shareholder Reference Number that allows you to sell them.

The key part I refer to is "sale by 11.00 a.m" that word 'by' is not the same as 'at'. so all these posts talking of a glut of sales at 11am & 3pm are IMHO incorrect.

I logged on to equini to see my shareholding at approx 2pm and it said 0 shares indicating I presume they had already been sold (did telephone thang at 9:30am) were it 'at' they would still be there presumably until 3pm.

Now that is just my guess vs other peoples's guess, who knows, BUT I read it as they bundle them together as the sales request come in, and sell them in tranche's of let's say 10,000 shares, which means every 44 phone calls. So I would expect that the price they sell for on your behalf is the price within a few minutes of when you sold them.

What does God say?


--snippet cut n' pasted from royal mail email--
Share dealing for Royal Mail Nominee Share Service participants

Share dealing activity in companies immediately after flotation is typically very high.

In order to manage the anticipated high volumes and provide a route for Royal Mail Nominee Share Service participants who simply wish to sell all their shares during this time, Equiniti is providing an easy-to-use service exclusively for Royal Mail Nominee Share Service participants:
a simple automated system using your telephone - no need to register or open an account
charges: 0.75% of the transaction value, minimum £7.50
available 24 hours a day - place your sale instruction at any time
instructions will be added together with those of other customers and sold at intervals:
received on a business day by 9.00 a.m. - sale by 11.00 a.m
received on a business day by 1.00 p.m. - sale by 3.00 p.m
received after 1.00 p.m., sale by 11.00 a.m. on the next business day
a cheque will be sent to you two business days after the sale together with details of the transaction
Remember the value of the shares can go down as well as up and in deciding to sell your shares you may get back less than you have invested.

brasso

AndyBSG wrote: »

Spot on.

There is no 'right' way to invest in the stock market, even though some holier than thou types on here seem to think you should only be investing with a view to long term gains.

People buy shares for different reasons and with different timescales -- as I've said. Some invest long term. Some take a gambling approach. Some do both.

Trouble with the gambling mentality is that people will never be able to sell at the best moment (unless by an amazing stroke of luck), so you have to be philosophical. By the time someone is able to sell their RM shares the price might well have gone up again -- who knows? Will they still be "fuming" and feeling short-changed then, I wonder?

If the first opportunity to sell is at a price lower than needed, then hang onto them, pick up the generous dividend, and sell when the price goes up again, as it surely will.

tuk

brasso wrote: »

Buying RM shares was a crazy thing to do if you needed to resell at a big profit within days of privatisation. Total madness.

Thats precisely what I did & it worked out very well ..it was less 'total madness' & more 'astute investment'.

---

Have to laugh at all the long term trying to troll the short term in this thread ....think you need to calm down and see through your original decision to hold & stop criticising other peoples decisions to sell.

patricia73

gt94sss2 wrote: »

Not months - a week or two.

If she applied online and paid via debit card, the funds should be refunded to the bank account directly.

If she applied via post, a cheque should be with her around the 21 October.

Regards
Sunil

Thank you, she did apply online days ago but no refund. Would you know who she should ask- bank or Royal mail?:o

Klambo

Mr_K wrote: »

I wouldn't worry - these are headed up over £5, and maybe a lot more long term. Oh Vince, what have you done....

I just want the price to dip at some point......then I can buy many more than the 227 allocation.......then sell them prior to entering the Ftse 100.
The price is way too steady and strong at the moment to buy though.

So I guess we all have the answer......... those that predicted that the shares would go up on the day of official flotation were correct.........and those that predicted the price would take a dive on day of flotation were wrong.....way wrong.

Ologhai

brasso wrote: »

People buy shares for different reasons and with different timescales -- as I've said. Some invest long term. Some take a gambling approach. Some do both.

Trouble with the gambling mentality is that people will never be able to sell at the best moment (unless by an amazing stroke of luck), so you have to be philosophical. By the time someone is able to sell their RM shares the price might well have gone up again -- who knows? Will they still be "fuming" and feeling short-changed then, I wonder?

If the first opportunity to sell is at a price lower than needed, then hang onto them, pick up the generous dividend, and sell when the price goes up again, as it surely will.

Just to add to this:

Whenever you look at a share price, it's almost never the highest it'll ever reach nor the lowest it will ever be.

That means if you're a seller, almost always it won't be the perfect time to sell.

Funnily enough, if you're a buyer, it will almost always not be the perfect time to buy either.

The moral: don't be anxious that you bought, then at some point the future, it was lower--or you sold and at some point it the future it was higher.

This will almost always be the case.

brasso

tuk wrote: »

Thats precisely what I did & it worked out very well ..it was less 'total madness' & more 'astute investment'.

---

Have to laugh at all the long term trying to troll the short term in this thread ....think you need to calm down and see through your original decision to hold & stop criticising other peoples decisions to sell.

I give up. You've missed my point entirely.

Jennifer_Jane

patricia73 wrote: »

Thank you, she did apply online days ago but no refund. Would you know who she should ask- bank or Royal mail?:o

I applied online by debit card. I am expecting to get my refund from Monday, 21st October:

Share certificates or statements, and any refunds of surplus application money, will be sent out by Monday, 21 October.

https://royalmailshares.service.gov.uk/publichomepage.aspx

gt94sss2

patricia73 wrote: »

Thank you, she did apply online days ago but no refund. Would you know who she should ask- bank or Royal mail?:o

The Royal Mail Share Offer helpline: 0330 123 0147.

However,I don't think they have started making any refunds yet.

Regards
Sunil