Royal Mail Shares

planteria

yes, as soon as it was a 'joint statement' between RM and the Union it was sounding positive. im out already, but if i was still holding RM shares i wouldn't be particularly worried about strikes/unions. the business fundamentals are the key

deaglecat

bigfellathanks wrote: »

How long did x-o take to register shares? Mine arrived yesterday morning however still in sign on my account

Same here. Arrived Monday... still not in account. Nothing to worry about though.

frugalmike

Quote:
Originally Posted by bigfellathanks View Post
How long did x-o take to register shares? Mine arrived yesterday morning however still in sign on my account

deaglecat wrote: »

Same here. Arrived Monday... still not in account. Nothing to worry about though.

I posted mine on Monday arrived Tuesday and now showing on Wednesday

buglawton

Anyone tried setting up payment for their sold shares via X-O direct to their account, instead of cheque?

Basil74

This has possibly been covered in the previous 109 pages, but I'm just in the process of filling out the X-O transfer form to move my shares from the nominee account (Equiniti).. I DON'T have a share certificate.

I'm just unsure on section 2 ''Existing account Manager details''

Can someone confirm is the address for Equiniti as follows...
Freepost, R-TEX-KHBU, Equiniti ltd, Aspect House, Spencer rd, Lancing, BN99 8LL??

Also section 2 is asking for my account number... but the only number I can find is my shareholder reference number... are these the same thing??

Thanks in advance

sabretoothtigger

Im sure Equiniti want some money for letting you transfer, which exceeds just selling them ?

Basil74

sabretoothtigger wrote: »

Im sure Equiniti want some money for letting you transfer, which exceeds just selling them ?

Yes I think they charge £10 to transfer, but I've got more than the £750... so their 1% selling fee would sting me for hell of a lot more than that!

[Deleted User]

Hi,

Basil74 wrote: »

Yes I think they charge £10 to transfer, but I've got more than the £750... so their 1% selling fee would sting me for hell of a lot more than that!

if you got the 227, price now about £5.50, it's only £1248.50, so 1% is only £12.48, though you may have bought more.

jimjames

Read this article earlier. I know it's sensationalist from the Daily Mail but I'm afraid I still have no sympathy

Angry investors who applied for shares in Royal Mail have had their annual tax-free Isa allowances stolen.
Royal Mail investors left with spare money sitting in their shares Isa now face having to put it all at risk in other stock market investments they hadn’t planned on buying.
http://www.dailymail.co.uk/money/investing/article-2479048/Royal-Mail-shares-applicants-Isa-allowance-stolen.html

If you intended buying RM shares in your ISA then to suggest you are "having to put it at risk" buying other shares is frankly ridiculous. If an investor was prepared to gamble £11k on a single share by putting it inside an ISA then they have shown they are prepared to risk the stock market and should be happy to buy any other share based investment. If they don't want shares they can use bond funds instead.

The article is completely missing what they expected these investors to do if they had actually got the RM shares they requested. Sell them and remove the money? So no different to what they want to do now except they don't have a 50% profit.

latecomer

Thats quite an impressive piece of sensationalist drivel.

I took money from my cash ISA to fund the RM shares and the remainder is sitting my current account while deciding what to do with it. I'm slightly annoyed at not getting the amount I asked for but I understood what I was doing by removing it form my ISA.