Royal Mail Shares

Quentin

mcscoty1973 wrote: »

yes indeed but this is only for the automated telephone service where you will not known the price the shares sold for until the cheque comes through and only valid til 8th of November.

Wrong again

You use that form for postal selling, not automated telephone service.

You cannot use the automated phone service if you requested a cert. It is for nominee share service participants only.

Try and keep up.

olias

I sold on Tuesday through the automated phone line. Anyone done the same and recieved their cheque yet, as I haven't? I understood it would be sent out within 2 business days?

Olias

ps2659

I placed an sell order today for my Royal Mail shares @ £5.08, I note they reached £508.32 I have checked the order on XO website and it says the order is pending, can anyone tell me if the £508.32 was the sell or buy price and if you think they will have sold.
Thanks

planteria

good to see them over £5:T

mcscoty1973

That is fantastic Quentin.


You sign that form and send it back and you have no control over the price the shares sell for. It is possible that by the time they get the form back that the shares are valued less than what you paid for them and you can't do anything about it.


Absolutely outstanding advice. Well done!

Quentin wrote: »

Wrong again

You use that form for postal selling, not automated telephone service.

You cannot use the automated phone service if you requested a cert. It is for nominee share service participants only.

Try and keep up.

mcscoty1973

Sorry ps2659 I do not know but it would be great if you can post back when you find out the answer as there are others here who intend to use X-O and your answer would be really useful.


Good lick, hope you get what you wanted.

ps2659 wrote: »

I placed an sell order today for my Royal Mail shares @ £5.08, I note they reached £508.32 I have checked the order on XO website and it says the order is pending, can anyone tell me if the £508.32 was the sell or buy price and if you think they will have sold.
Thanks

Quentin

mcscoty1973 wrote: »

That is fantastic Quentin.


You sign that form and send it back and you have no control over the price the shares sell for. It is possible that by the time they get the form back that the shares are valued less than what you paid for them and you can't do anything about it.


Absolutely outstanding advice. Well done!

Don't get this. I see you just use sarcasm to hide your poor advice.

I'm not giving advice, just correcting your misinformation.

ps2659

mcscoty1973 wrote: »

Sorry ps2659 I do not know but it would be great if you can post back when you find out the answer as there are others here who intend to use X-O and your answer would be really useful.


Good lick, hope you get what you wanted.

Thanks for the answer I have tried to log on to XO but the site is down for maintenance, I will let you know if they sold I know they reached £508 .32 but not sure if buy or sell price.

mcscoty1973

Well if you don't get it, maybe ask an adult to help you.

Quentin wrote: »

Don't get this. I see you just use sarcasm to hide your poor advice.

I'm not giving advice, just correcting your misinformation.

sabretoothtigger

5.08 is the mid price, so what happens with orders is they dont trigger till mid is higher and the sell price is actually above 5.08.

Actual trades at 508 looks pretty fleeting

[IMG]http://i.imgur.com/tUYOjHV.png[/IMG]

[QUOTE]Download and complete Transfer Form A and Crest Transfer Form(s) if you would like to deposit your paper share certificates into your IWeb Share Dealing Account free of charge.
You can only deposit UK investments. Where there is a change of beneficial ownership, i.e. the account name does not match the name on the certificate, please ensure a Stock Transfer Form is signed by all parties. Please forward to us together with the Transfer Form A and Crest Transfer Form(s). Contact us on 0870 412 7060 to obtain a Stock Transfer Form.
Simply print out the forms, complete the required information, sign and return them to us together with the relevant share certificates. The transfer process will normally take 10 working days from the day we receive your certificates. You will not be able to trade these stocks until the full transfer has taken place. We accept no liability for the loss of any opportunity during the transfer.

If you have ever reported your certificate lost or stolen (even if you've then found it) please contact the registrars before taking further action. In order to successfully convert your paper certificate to electronic format there must be no restrictions on the certificate.

Please ensure your current address has been updated with us and the company registrars, and quote any former addresses on the Crest Transfer Form(s). This will ensure prompt settlement.[/QUOTE]

some procedure for depositing certs. Do the certs arrive in some special royal mail envelope?

Ive not got my 90p yet and I paid by bank transfer, shouldnt it clear by now