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Royal Mail Shares

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Comments

  • ChrisProth wrote: »
    Does anyone who missed out plan on buying shares first thing tomorrow? I'm considering buying at 4.55. From what I gathered the price is due to go up again tomorrow.

    Its safer to buy the FTSE instead of just one share. RMG is going in there as of December anyway so you will own a bit of everything.

    The fair price depends on their profit and then the costs, we dont know yet. The estimate is that £4.15 is 10 years earnings so £4.55 is on its way to expensive but I think £5 is possible yes
  • 2010
    2010 Posts: 5,499 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Its safer to buy the FTSE instead of just one share. RMG is going in there as of December anyway so you will own a bit of everything.

    I`m not a great fan of trackers but having looked at this one it`s probably one of the best around especially the annual charges of .27%.
    That`s £27 a year on £10k and it can be put into an ISA.

    https://select.bestinvest.co.uk/fund-factsheets/hsbcftse/hsbc-ftse-100-index-r/overview

    It can also be bought from HSBC direct.
  • jonstodge
    jonstodge Posts: 19 Forumite
    edited 13 October 2013 at 3:17PM
    I bought some Royal Mail shares through the official government website. I offered £2k as soon as the offer was open, and when there was all the speculation I made another application for £5k.

    Do the £750 shares come per person or per application? How do I find out how many shares I have acquired?

    Many thanks
  • alanq
    alanq Posts: 4,216 Forumite
    1,000 Posts Combo Breaker
    edited 13 October 2013 at 3:39PM
    The rules were one application per person. Unless your applications were aggregated into one you broke the rules. If so, perhaps you won't get any.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    2010 wrote: »
    I`m not a great fan of trackers but having looked at this one it`s probably one of the best around especially the annual charges of .27%.
    That`s £27 a year on £10k and it can be put into an ISA.

    https://select.bestinvest.co.uk/fund-factsheets/hsbcftse/hsbc-ftse-100-index-r/overview

    It can also be bought from HSBC direct.

    I hold VUKE , a FTSE 100 ETF with a charge of 0.1% http://funds.ft.com/uk/Tearsheet/Summary?s=VUKE:LSE:GBP
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • drjunk
    drjunk Posts: 37 Forumite
    Part of the Furniture Combo Breaker
    Hi. Quick question. What ticker symbol do I use to buy shares in royal mail?
  • Ologhai
    Ologhai Posts: 239 Forumite
    Part of the Furniture 100 Posts
    drjunk wrote: »
    Hi. Quick question. What ticker symbol do I use to buy shares in royal mail?

    RMG I believe.
  • Ologhai
    Ologhai Posts: 239 Forumite
    Part of the Furniture 100 Posts
    Glen_Clark wrote: »
    I hold VUKE , a FTSE 100 ETF with a charge of 0.1% http://funds.ft.com/uk/Tearsheet/Summary?s=VUKE:LSE:GBP

    Are there any FTSE-100 trackers that have an associated dividend? Trading in individual stocks carries the extra risk, but it also means that dividends can help mitigate that risk.

    After a brief Googling, I've discovered that there's a term for index trackers that include a dividend ('Total Return Index'), but does anyone know any more than the almost nothing that I do, or has any experience of such index trackers?
  • drjunk
    drjunk Posts: 37 Forumite
    Part of the Furniture Combo Breaker
    Ologhai wrote: »
    RMG I believe.

    I have a X-o account. They have it as "RMG.L"
  • Ologhai
    Ologhai Posts: 239 Forumite
    Part of the Furniture 100 Posts
    drjunk wrote: »
    I have a X-o account. They have it as "RMG.L"

    I think the 'L' is just to signify the London Stock Exchange. You may also see it written as LSE:RMG or LON:RMG (or just RMG!)
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