Royal Mail Shares

sebtomato

mrmustard wrote: »

It's very confusing, if you go to the Equiniti site to sell your shares with the £17.50 scam commission, it says prices delayed by at least 15 minutes, so WHAT price are you actually selling at if that price is delayed?

I sold my shares yesterday through the Equiniti website, and when using the "best" option, I could see exactly the price I would sell them for (and either accept that price or reject and wait longer). I received a confirmation letter of the trade today, and cheque is expected by Friday.

If you want to know exactly the price you will sell at, much better than the telephone option, where shares are sold at fixed hours during the day. I was surprised I could use such advanced functionality without even having a login or password, and quite happy with the overall process.

GDVS

mcscoty1973 wrote: »

However, did you make a mistake and tick a box on the application form? if so, you might have mistakenly have opted for share certificate instead like I apparently have.

Equiniti claim I have as well which is cobblers, I already have a Shareview account for other holdings so why the Hell would I want a share certificate?

jpwmorgan

mcscoty1973 wrote: »

JP.

Apparently quite a few are according to a post from the telegraph earlier on. However, did you make a mistake and tick a box on the application form? if so, you might have mistakenly have opted for share certificate instead like I apparently have.

You might want to call equiniti and ask them where your email is.

@mcscoty1973 - no, I categorically remember opting for the digital option, and not the certificate. It is a little ridiculous as the second day of trading has just finished and I still don't have my email. Have checked my junk folder as well, that was suggested on an earlier post..

tuk

Klambo wrote: »

Errr perhaps you need to read the post and poster I was originally responding too!
I haven't held onto my shares NOR am I "whinnying " about people selling in the short term.:cool:

Errrr ..nothing to do with other posters, you comment was quite clear:

Klambo wrote: »

...the sell off was NEVER intended for people to make a quick buck.

..you've even put the word NEVER in caps, in case there was any doubt on the intention.

---

Klambo wrote: »

I haven't held onto my shares NOR am I "whinnying "

...so you're actually one of the 'fast buck' crowd, the same crowd you have been droning on about for the last few days, !!!!!! get a grip of yourself & stop trolling this thread with your endless nonsense.

mcscoty1973

JP.

So you didn't click on any check boxes then? If you did then you will be getting a certificate. The text next to the check box implied that if you wanted to have shares in the nominee account, but then finished of by saying if you want a cert click here, hence my and others mistake/confusion.

jpwmorgan wrote: »

@mcscoty1973 - no, I categorically remember opting for the digital option, and not the certificate. It is a little ridiculous as the second day of trading has just finished and I still don't have my email. Have checked my junk folder as well, that was suggested on an earlier post..

A_Phoenix_of_Tangerine

Sold at £4.74. It probably will return to a higher yield at some point, but I figure that at this point I should be using my time more constructively than following the share prices (£50 up/down doesn't mean all that much, in the context of me only wanting a short time return). Thank chaps for the help, info, and amusing banter!

Sanchsoot49

candjsmum wrote: »

No you are not the only 1. We are holding onto ours too.

Me too. No intention of selling :cool:

Klambo

mcscoty1973 wrote: »

I am sure they would have put some other restrictions on the selling of shares, like they have done with RM employees.

The shares issued to Royal Mail staff are completely different.
Those shares were given free to Royal Mail staff.
It make sense to give shares out to employees because if they have a stake in their own company, then they would generally want to make those shares do well for them, and work towards a more successful business.
If the government let those employees shares be sold off quickly then that share ownership amongst staff and the benefits that should bring to the business would be lost.

jpwmorgan

mcscoty1973 wrote: »

JP.

So you didn't click on any check boxes then? If you did then you will be getting a certificate. The text next to the check box implied that if you wanted to have shares in the nominee account, but then finished of by saying if you want a cert click here, hence my and others mistake/confusion.

Correct - no boxes ticked. Have all the emails been sent out then, as I still don't have one?

mcscoty1973

Yes I know the reason behind in Klambo, it was just an example. The Government could have put restrictions on the selling of shares when the IPO was made. How and what I do now know, but I am sure it is possible if they wanted to prevent people selling early to make a fast buck.

Klambo wrote: »

The shares issued to Royal Mail staff are completely different.
Those shares were given free to Royal Mail staff.
It make sense to give shares out to employees because if they have a stake in their own company, then they would generally want to make those shares do well for them, and work towards a more successful business.
If the government let those employees shares be sold off quickly then that share ownership amongst staff and the benefits that should bring to the business would be lost.