Royal Mail Shares

mcscoty1973

Tear that bit off and keep it as your proof of ownership/receipt. It states what you asked for versus what you got.


That's what I did, sent it on Monday special delivery, received Tuesday and shares registered in my portfolio Wednesday and then sold 😃

mini670 wrote: »

Hi,

Sorry Im a newbie here, and looking for advice please.

I have a share certificate, which im hoping to transfer to x-o.
Im wondering when i send the certificate, should i leave the bank details dividends counterfoil on or not?

Thank you

latecomer

The opening price will be dictated by the after hours trading. You can sell automatically when the market opens but obviously you wouldn't know the price that you wold get into afterwards. Depending on the broker you have you can normally set a conditional sale so that you sell if it drops below a certain price or indeed above a price. Personally the few times I've sold I've done it live so you know pretty much exactly what price you will get.

Mr_K

Think those that sold early are going to regret it. These could be £10 in a couple of years time when RM have sold their land off and 'slim lined' the workforce.

Will have to collect my post from the post office of course, but hey ho.....

mcscoty1973

You are probably right Mr K.

Mr_K wrote: »

Think those that sold early are going to regret it. These could be £10 in a couple of years time when RM have sold their land off and 'slim lined' the workforce.

Will have to collect my post from the post office of course, but hey ho.....

mini670

Thank you.

Still not sure what to do with them though really

mcscoty1973 wrote: »

Tear that bit off and keep it as your proof of ownership/receipt. It states what you asked for versus what you got.


That's what I did, sent it on Monday special delivery, received Tuesday and shares registered in my portfolio Wednesday and then sold 😃

mcscoty1973

well if you need more help just ask, I am sure someone will be around to help soon.

mini670 wrote: »

Thank you.

Still not sure what to do with them though really

2010

mini670 wrote: »

Hi,

Sorry Im a newbie here, and looking for advice please.

I have a share certificate, which im hoping to transfer to x-o.
Im wondering when i send the certificate, should i leave the bank details dividends counterfoil on or not?

Thank you

Yes leave it on and if you can, photo copy the cert.
Also send by registered mail.

2010

danfearn77 wrote: »

See ive just been looking on the London Stock Exchange website and it indeed says that it closed at 537p. But then between 16:30 and 17:13 it fell to 526p. So what is the opening price tomorrow?

Market Makers and brokers are allowed to trade both after the LSE closes and before it opens.
They are allowed to do this because it`s them that are "making the market", offering buy and sell prices.
They make their money from the difference of the buy and sell price.



On the London Stock Exchange (LSE) there are official market makers for many securities. Some of the LSE's member firms take on the obligation of always making a two-way price in each of the stocks in which they make markets. Their prices are the ones displayed on the Stock Exchange Automated Quotation (SEAQ) system and it is they who generally deal with brokers buying or selling stock on behalf of clients.
Proponents of the official market making system claim market makers add to the liquidity and depth of the market by taking a short or long position for a time, thus assuming some risk in return for the chance of a small profit. On the LSE one can always buy and sell stock: each stock always has at least two market makers and they are obliged to deal.

A market maker aims to make money by buying stock at a lower price than the price at which they sell it, or selling the stock at a higher price than they buy it back. Ordinarily, they can make money in both rising or falling markets, by taking advantage of the difference between "bid" and "offer" prices.

nick74

abathingape wrote: »

Did anyone get their cheque today from selling via Shareview (£17.50) last week?

Yes mine finally arrived yesterday.

danfearn77

Thanks.

Indeed it did open at 537p so not sure why google was showing 525p! It did breifly shoot up to 540 but its now steady at 533p.

Another option ive read about on here is using Sharedeal to sell my shares for £20. Thats seems reasonable. Has anyone used these? I guess we agree the sale at the live price and then i have to send my share certificate to complete the sale?