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Surprise shares!
Vickyh
Posts: 108 Forumite
Recently i have been organising our finances and paperwork.
I came across some share paperwork that was addressed to my husband regarding shares in Kingfisher plc. After updating his details we have discoved that the shares are currently worth about £500.
We are not quite sure what to do about them.
Do we sell them?
Leave them alone (they are 15 years old)
Any advise is appreciated.
I came across some share paperwork that was addressed to my husband regarding shares in Kingfisher plc. After updating his details we have discoved that the shares are currently worth about £500.
We are not quite sure what to do about them.
Do we sell them?
Leave them alone (they are 15 years old)
Any advise is appreciated.
0
Comments
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If you'd found £500 in the paperwork would you buy Kingfisher shares with it?
If the answer is no, sell them.0 -
If you found £500 would you go and buy £500 of Kingfisher shares? If not then you are probably better to cash it inRemember the saying: if it looks too good to be true it almost certainly is.0
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What happened to the dividends over all those years?0
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It was set up so the dividends bought more shares...0
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If these are the shares linked below, they don't appear to have performed very well in recent times, especially the last month where they have dropped in value by 16%:
http://www.hl.co.uk/shares/shares-search-results/k/kingfisher-ordinary-15,57p
It may be as well to sell now in case the price drops further, or you could monitor for a while and see if the price increases a bit before selling.0 -
I am now even more confused-
The certificates we hold claim my husband owns more than what online records state. I have requested a list of all certificate numbers!!0 -
There have been various share reorganisations:
https://www.kingfisher.com/index.asp?pageid=108This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com0 -
I am now even more confused-
The certificates we hold claim my husband owns more than what online records state. I have requested a list of all certificate numbers!!
I have recently bought shares online via Hargreaves Lansdown, it is a online ISA holding my shares; my shares that I have bought in previous years, I have certificates only.
Is that where your confusion is?0
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