Royal Mail Shares

MykMallett

opinions4u wrote: »

Have you ever heard of the BBC web site?

Yes thanks very much for the massively arseh*le sarcasm...the point is that I can't do anything til I've got any confirmation. Only a complete moron would take a news article on a completely unaffiliated website as confirmation they own stocks in a company.

I still need confirmation don't I? I would quite like to sell them.


Thankyou for the info AndyBSG. Terrible communication from RM

pine77

Doshwaster wrote: »

I wonder how much the Queen bought? She's known to like a dabble in the stock market so this must have been tempting.

probably a big chunk I assume. All those with good connections - ie not normal uk residents made easy money today. Pretty sure most of it will be reinvested in property - a lot in London, pushing up prices.

This was a sure thing and many Royal families got in on the action simply because Vince Cable doesnt see them as Spivs like us.

lulu650

MykMallett wrote: »

Yes thanks very much for the massively arseh*le sarcasm...the point is that I can't do anything til I've got any confirmation. Only a complete moron would take a news article on a completely unaffiliated website as confirmation they own stocks in a company.

I still need confirmation don't I? I would quite like to sell them.


Thankyou for the info AndyBSG. Terrible communication from RM

But you wouldn't be able to do anything until Tuesday anyway would you?

Klambo

MykMallett wrote: »

I still need confirmation don't I? I would quite like to sell them.

There STILL seems to be lots of confusion regarding share allocation confirmation & why some people can sell today and others not.

Hopefully this will help.
If you bought via the government website then you won't get confirmation till Monday, the day before the Royal Mail gets officially floated on the stock market.
Those that bought via the government website will be able to trade on Tuesday Oct 15.

Those that bought via a stockbroker like Hargreaves Landsown got confirmation yesterday of their allocation, and could trade "conditionally" today.

So to sum up.....If you bought via gov website, you have to wait until Monday for confirmation and Tuesday to trade.

sabretoothtigger

You can sell shares you do not have in hand, with the right account. If I thought it was dropping a pound over the weekend, I would but otherwise I dont see a reason to rush

pine77 wrote: »

The royal family of kuwait managed to get a big chunk of the action apparently i just read.

Are they to flip them overnight or sell next week or this year even. Problem is we do need someone to actually hold these shares, tie up money for a decade maybe.
These and others are likely candidates to wave goodbye to the money for a while with the chance to take part in a company with a striking workforce

Thank them because this is why you can easily sell today

Crater

pine77 wrote: »

This was a sure thing and many Royal families got in on the action simply because Vince Cable doesnt see them as Spivs like us.

Not just Vince Cable. Discovered last year that the Government thinks that self-employed people keep everything they earn as personal income, and never have to pay anything or settle with their suppliers. Even HMRC has a more realistic view of the world than that, but the Mandarins aren't even interested in their view, let alone ours.

2010

Hundreds of "227"`s going through, seems stuck at 440p.

opinions4u

MykMallett wrote: »

Yes thanks very much for the massively arseh*le sarcasm...the point is that I can't do anything til I've got any confirmation. Only a complete moron would take a news article on a completely unaffiliated website as confirmation they own stocks in a company.

I still need confirmation don't I? I would quite like to sell them.

Is it the wrong time of the month?

Strewth.

ChopperST

Shamsan wrote: »

I guess Equaniti doesen't count then? Neither of us have had any confirmation that we have shares, or been told that we haven't but other people are out there trading.

You opted for the share nominee service Equaniti is providing or paper certs? I'm confused?

AndyBSG

Dangerous_Dave2k wrote: »

What is the thinking on where these could be say a year from now?

Any thoughts are entirely opinions though, no one can really know.

For myself, I think there are two scenario's. You either sell them quick and make a quick profit or you leave them there long term and reap the dividends while waiting for the price to climb.

By long term I mean minimum of 5 years.

In the next year to 5 years I think the share price won't really be that great, I suspect it will stabilise around the £4.00 mark and stay fairly stable.

The Royal Mail has the huge benefit of being a very trusted and well known brand name with a delivery network that puts most other courier firms to shame and it's also quite diverse, don't forget that the Post Office(which Royal Mail owns) offer services like foreign currency, travel insurance, banking, etc.

However, that infrastructure is also very old and in need of massive investment to bring it up to date. That's what the £2 billion from this share issue is meant to be for.

If they invest wisely and make the right decisions then I think Royal Mail will be a very good stock to have but that's going to time so you're not likely to make a big profit in the short term.

So, sell now and make a good short term profit thanks to the popularity of the share issue or be prepared to hold onto them for a bare minimum of 5 years.

I think people holding them for a year and hoping to profit in twelve months time will be disappointed.