Royal Mail Shares

lulu650

Snorth wrote: »

Wow that was close....looks like it went thru - HL account has gone up £266.95.....PS
And now need to determine how to get money back out of HL into bank account! is it obvious? (sorry for the dumbas questions - first time share dealing)

Hi well done! That's better than my midday selling price.

It is straightforward on the site. Once you're into your account, click on withdraw and as it takes you through the process it will give you the option of taking your profit too.

Looks like they will put into your bank account as one transaction. Whereas I'd thought it would be Monday, I've realised it won't be until Tuesday when the shares are live.

Hermann

Snorth wrote: »

Wow that was close....looks like it went thru - HL account has gone up £266.95, but cant see details of the actual strike price or if that is before / after their sell fee. i think their systems are playing catch up?

PS
And now need to determine how to get money back out of HL into bank account! is it obvious? (sorry for the dumbas questions - first time share dealing)

If you linked a bank account when you created your HL account then you just click on the cash in your portfolio then on withdraw cash and it goes by faster payments.

Be aware though the bank account has to have been linked for at least 5 days before a transfer can take place. And if you change the bank account details it's another 5 days.

Hermann

oh and I doubt you can get the cash until they've actually sold on Tuesday and gone unconditional!

Snorth

Thanks for all the help / advise folks - really appreciate - i sold at £4.5286 giving me a net of £266....well chuffed cos ive been tied up all day and missed this morning completely!

Right - What stock do i buy next?!!:)

(ive never bought indiv shares before - always leaving that to the experts in pensions / isa etc - didnt realise how easy it was - easy to make the transaction i mean)

cheers

Rollinghome

Originally Posted by AndyBSG
TD Waterhouse for example charge a flat fee of £12.50, an annual account fee and a fee for closing your account.

HL charge 11.95, plus 1% of the value and they also charge you a percentage annual fee based on your portfolio worth.

Rheumatoid wrote: »

HL do not charge 11.95 +1%

Indeed. Nor do they charge an account fee outside of an ISA and other assertions in AndyBSG's post are also wrong.

So please peeps, do check your facts before you post as there are a lot of newbies reading this thread who could be misled.

There's a reliably guide with the charges for most online brokers at http://www.candidmoney.com/guides/14/guide-to-online-share-dealing

Ologhai

Snorth wrote: »

Thanks for all the help / advise folks - really appreciate - i sold at £4.5286 giving me a net of £266....well chuffed cos ive been tied up all day and missed this morning completely!

Right - What stock do i buy next?!!:)

(ive never bought indiv shares before - always leaving that to the experts in pensions / isa etc - didnt realise how easy it was - easy to make the transaction i mean)

cheers

In all honesty, I think you should probably just walk away while you're ahead.

Because trading costs ~£10 a go, £1,000 is probably the smallest amount one ought to buy of a single stock (the smaller the trade, the larger--proportionally--the costs). But a 'portfolio' containing a single stock is far too risky. I don't know what others on here would advise, but a portfolio should probably contain at least ten different stocks to be able to be even remotely diverse...

So, that's £10,000 to start even contemplating trading individual stocks under normal circumstances. (RM shares not really being 'normal' trading.)

So... back to my original sentence: take the money and be thankful you 'won'.

blinko

Snorth wrote: »

Thanks for all the help / advise folks - really appreciate - i sold at £4.5286 giving me a net of £266....well chuffed cos ive been tied up all day and missed this morning completely!

Right - What stock do i buy next?!!:)

(ive never bought indiv shares before - always leaving that to the experts in pensions / isa etc - didnt realise how easy it was - easy to make the transaction i mean)

cheers

My dear friend, you got very lucky with the Royal Mail. You have no idea what awaits for you in the stock markets

blinko

did anyone get more than £750, i put in a bid for £1500 and luckily received £750 so very grateful considering that those who were asking for £10k received nothing

lulu650

Snorth wrote: »

....Right - What stock do i buy next?!!:)

(ive never bought indiv shares before - always leaving that to the experts in pensions / isa etc - didnt realise how easy it was - easy to make the transaction i mean)

cheers

It's good fun and I dipped my toe in after receiving BOGOF shares as a BP employee. After doing research I bought into a building firm, Tilbury, in the early 80s. Knew I was onto a good thing when the stockbroking firm rung me up to ask me to sell them.

However, I have lost money on technology shares. Got in far too late and should have sold much more quickly then I did. You do need to keep a very close eye on the movement of the share price and general trends.

Ologhai

blinko wrote: »

did anyone get more than £750, i put in a bid for £1500 and luckily received £750 so very grateful considering that those who were asking for £10k received nothing

As has been widely reported, those private investors who applied for up to £10,000's worth of shares all received a fixed 227 shares.