Royal Mail Shares

Klambo

A_Phoenix_of_Tangerine wrote: »

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!

Hey Tangerine you did much better than me.......I'm not envious!:D
You do have good point about tracking the share price all day, I've been doing that since Friday.......and I sold mine on Friday!;)

brasso

tuk wrote: »

WALOB ..the reason why so many members of the public buy privatisation shares is to make a quick buck.

Do you have a link for that research?

If you're talking about yourself, that's fine -- just say so.

tuk wrote: »

Not everyone has spare money they can tie up or gamble on the stock exchange. But most people will be happy to temporarily shift some money into stocks for a few weeks, especially if they are almost guaranteed a nice return.

Never invest or gamble what you can't afford to lose. There are no guarantees. As for "a few weeks", that's one thing, but most of the whiners on seem to have an investment horizon of about 5 minutes, and are even talking about taking legal action because they couldn't cash in their chips instantly.

tuk wrote: »

If the sell off was never intended for people to make a quick buck, the gov would have included a clause so people couldn't sell right away...like they did for the royal mail staff.

Illegal for publicly traded shares. Legal if it's part of an employment deal.

tuk wrote: »

Now stop whining about people selling in the short term, you're starting to sound like a broken record, its pretty obvious your panicking cos you've decided to hold, ...remember share prices can go up as well as down

The only whining seems to be from those who can't get to the payout window quick enough.

I've invested in RM, and will stay invested in RM because I think they are a good long term investment, especially with dividends reinvested. It's human nature to want to make a fast buck, but it's almost never the most profitable long term plan.

Remember what Warren Buffett asked: "What's wrong with getting rich slowly?"

mcscoty1973

Well Equiniti claim to have sent out all the emails by about 1pm today I think, I posted this earlier. But the telegraph has tweets from others saying they still have not recieved theirs either, so I susptect you are not the only one.

Let us know if it comes through.


You might consider calling them and checking they have not put you down for a certificate, others claim to have asked for a nominee only to find they are getting a cert and there is nothing they can do about it.

jpwmorgan wrote: »

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

Klambo

mcscoty1973 wrote: »

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.

Don't quote me on this, I might be wrong, but I suspect that would require new regulations to be brought in if they wanted to do that.

Klambo

brasso wrote: »

Illegal for publicly traded shares. Legal if it's part of an employment deal.

Thanks Brasso, you just cleared up that issue that for us.:)

mcscoty1973

That is making a big assumption Brasso.

In my case I have not decided if I am going to sell or keep for the long term, however I would like to have had the option of selling if I wanted too. It appears that in my case it is because of my error due to the badly worded application form.

However other people like JP have catagorically not asked for a cert and still have not been given an email yet, so he/she can't sell even if they wanted too.

The bottom line is if Equiniti had sent the email out in a timely fashion to all of the people who should get one then there would not be so much concern in the first place. You have to remember that these people haven't even got an official confirmation that they definately do have shares, mistakes do get made and it is highly likely that people who think they do have shares have missed out due to some clerical error. Without proper communication to the investor, is it any wonder there is an uproar?

brasso wrote: »

The only whining seems to be from those who can't get to the payout window quick enough.

mcscoty1973

Well I thought it might have been possible, but apparently not.

Klambo wrote: »

Don't quote me on this, I might be wrong, but I suspect that would require new regulations to be brought in if they wanted to do that.

abathingape

Just received my Royal Mail refund for £250.90 so at least that has been sorted... One less thing to worry about.

tododo

No email for me but I honestly cant remember if I ticked the box - my guess is that I did

Will these mean i have difficulty selling online now or just means I have to wait for cert

Thanks

wolftastic_2

I havent received an email either so I cant sell mine?? who can I contact to find out? Thanks.