Help on Stock investments

henrygregory

Hi there,
I have never been wonderful at maths. I am trying to track the price of a stock. Not wishing to buy anything, just wanted to keep an eye on Tesco. As I type, the value to buy is: 225.10p - I understand this to be £2.25 ish per share. Is this right?

I want to enter it into my online finance portfolio to track it. It asks for:
Share quantity - if I was investing, and the shares were around £2.25, I might go for 222 shares, so I enter the quantity 222.
Then it asks for Total Cost. Would I here enter in 225.10 x 222?

If so, it shows on the portfolio as a £49k loss and -99% gain/loss.
I must be getting my decimal places in a mix here. Any help would be really good.

DoctorW

Henry,

I think I came across this problem before, it's a really simple thing that you've already figured out yourself. All you need to do is put the £ conversion figure in, so £2.251 instead of 225.1

You shouldn't have to enter the total cost I don't think - that should be an optional cell? Just put number of shares x the price (in £ version). Think that fixed it for me on MorningStar portfolio manager which is what I use.

Let me know if that works!

henrygregory

DoctorW wrote: »

Henry,

I think I came across this problem before, it's a really simple thing that you've already figured out yourself. All you need to do is put the £ conversion figure in, so £2.251 instead of 225.1

You shouldn't have to enter the total cost I don't think - that should be an optional cell? Just put number of shares x the price (in £ version). Think that fixed it for me on MorningStar portfolio manager which is what I use.

Let me know if that works!

Ahah, perfect. Thanks very much, your post has been very helpful. My account was with HL and it does ask for total cost rather than the price for one share. I have just changed it and it came up perfectly! Thanks again, I will have to take a look at MorningStar.

Totton

Many of the free portfolio services use £0.00p rather than the stock price of say 0000.00p, I find either Morningstar or Trustnet to offer the best free services, both have their advantages.

http://www.trustnet.com/Tools/Portfolio/PortfolioHome.aspx

http://www.morningstar.co.uk/uk/portfoliomanager/portfolio.aspx

Vortigern

If you see prices designated as GBP, they're in pounds; if it says GBX it's pence.