Share Dealing Discussion Area

egyptiangirl

Hi all

I have thought about buying some shares but literally have no idea what to do!

My ideal would be dealing only online and only in small random amounts once in a while.

I'm sure this has been discussed but this is a very long thread and don't fancy reading back to 2005!

Any advice welcome.
Thanks

sabretoothtigger

See the post above yours, you dont have to buy all at once which makes it alot less likely you will make a big mistake. Even lower risk is regular investment in a unit or index fund so you arent relying on one companys performance.

B_Blank

egyptiangirl wrote: »

Hi all

I have thought about buying some shares but literally have no idea what to do!

My ideal would be dealing only online and only in small random amounts once in a while.

I'm sure this has been discussed but this is a very long thread and don't fancy reading back to 2005!

Any advice welcome.
Thanks

Small amounts are basically pointless (under £2k per transaction) as stamp duty and commision will crush you. Maybe ETF's or funds can you better deals but you would need to shop around.

B_Blank

Interesting time in the markets at the moment. Shares look well overpriced if QE3 doesnt happen. But if it does then maybe they represent good value. I am going to buy into various ETF trackers if the ftse/s+p drops to 5k/1.1k

egyptiangirl

B_Blank wrote: »

Small amounts are basically pointless (under £2k per transaction) as stamp duty and commision will crush you. Maybe ETF's or funds can you better deals but you would need to shop around.

Oops I wasn't thinking anything like that!

thanks for your help anyway!

Whilst I'm here, how is stamp duty calculated? I see that the site ii charges £1.50 per transaction if you do it on the certain dates.

Is stamp duty on top? If so how much?

Thanks again

chris_m

egyptiangirl wrote: »

Is stamp duty on top? If so how much?

Yep, Stamp Duty is on top of the trade cost, usually 0.5% of the purchase value (excluding trading costs) on purchases only, nothing on sales.

Some shares don't attract stamp duty, not sure why nor how to tell which but I've had a few that were a slightly pleasant surprise when I got the figures to decide on whether to close a trade.

sabretoothtigger

Duty is skipped where its listed on a main market elsewhere, I think only aim type smaller companies would qualify for this maybe

But quite a few are listed in Canada as well as here or Australia and sometimes that means no duty for LSE buys

Other reasons would be a share classed as ADR ETF or investment trust. The reason being these companies pay the tax for you, hence etf are popular with traders as it involves less overheads for them with quick buys.

BNC is the largest most common share not to pay duty, that is santander shares on the LSE but are actually listed in Spain in euros hence its very much a secondary listing

Monday September 19 

INTERIMS 
Asia Digital Holdings, French Connection Group, GLOBO, Highland Gold Mining Ltd., Michelmersh Brick Holdings, Shore Capital Group Ltd., Smart Metering Systems, SpaceandPeople, Telit Communications 

QUARTERLY PAYMENT DATE 
Royal Dutch Shell 'A', Royal Dutch Shell 'B' 

GMS 
CareCapital Group 

FINALS 
Allergy Therapeutics, Greenko Group, International Ferro Metals Group, K3 Business Technology Group, Petra Diamonds Ltd., PureCircle Ltd. (DI) 

IMSS 
Ocado Group 

AGMS 
Bango, Powerhouse Energy Group, PZ Cussons, Speymill, XXI Century Investments Public Ltd. 

TRADING ANNOUNCEMENTS 
Dairy Crest Group 

FINAL DIVIDEND PAYMENT DATE 
Harmony Gold Mining Co Ltd., Impala Platinum Holdings Ltd. 

INTERNATIONAL ECONOMIC ANNONCEMENTS 
NAHB Housing Market Index (US) (15:00) 
EC Construction Output (EU) (10:00) 

UK ECONOMIC ANNOUNCEMENTS 
Rightmove House Prices (00:01) 

Tuesday September 20 

INTERIMS 
3Legs Resources, Dolphin Capital Investors Ltd., KBC Advanced Technologies, Optimal Pay, Symphony Environmental Technologies, TEG Group, Ubisense Group Plc, Vphase 

INTERIM DIVIDEND PAYMENT DATE 
Capital & Counties Properties , First Quantum Minerals Ltd. 

QUARTERLY PAYMENT DATE 
BP 

INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
Nationwide Department Store Sales (JPN) 
Convenience Store Sales (JPN) 
Producer Price Index (GER) (07:00) 
ZEW Survey (EU) (10:00) 
ZEW Survey (GER) (10:00) 
Building Permits (US) (13:30) 
Housing Starts (US) (13:30) 

Q3 
Carnival 

GMS 
Berkeley Resources Ltd. (DI) 

FINALS 
Wilmington Group 

IMSS 
Porvair 

TRADING STATEMENT 
Debenhams 

EGMS 
Alternative Asset Opportunities PCC Ltd. 

AGMS 
3Legs Resources, Blinkx, Daejan Holdings, Downing Structured Opportunities VCT 1, F&C Managed Portfolio Trust Growth Shares, HML Holdings, ILX Group, Marwyn Value Investors Ltd., Park Group, Sirius Minerals 

TRADING ANNOUNCEMENTS 
Dolphin Capital Investors Ltd. 

Q1 
Real Estate Credit Investments PCC Ltd 

Wednesday September 21 

INTERIMS 
Circle Holdings , EG Solutions, M&C Saatchi, Norcon, Silence Therapeutics, Toumaz Ltd. 

INTERIM DIVIDEND PAYMENT DATE 
Hiscox Ltd. 

INTERIM EX-DIVIDEND DATE 
Aggreko, Amiad Water Systems Ltd, Aviva, BrainJuicer Group, Charlemagne Capital Ltd., Chime Communications, Costain Group, Elektron Technology, H.R. Owen, Highcroft Investment, International Power, Interserve, Kentz Corporation Ltd., Macfarlane Group, Maintel Holdings, Neptune-Calculus Income & Growth VCT, Networkers International, office2office, Panther Securities, Petrofac Ltd., Plaza Centers NV, Premier Farnell, ReThink Group, RPS Group, SEGRO, Total Produce, Tribal Group, ViCTory VCT 

INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
Existing Home Sales (US) (15:00) 
FOMC Interest Rate (US) (17:15) 
Crude Oil Inventories (US) (15:30) 
MBA Mortgage Applications (US) (12:00) 

FINALS 
IndigoVision Group, Ultimate Finance Group 

ANNUAL REPORT 
City of London Inv Trust 

SPECIAL EX-DIVIDEND PAYMENT DATE 
Northern AIM VCT, Polo Resources Ltd. (DI) 

AGMS 
Foresight 4 VCT, Intercede Group, NCC Group, Private Equity Investor 

TRADING ANNOUNCEMENTS 
Imperial Tobacco Group 

UK ECONOMIC ANNOUNCEMENTS 
BoE Interest Rate Minutes (09:30) 
Public Sector Finances (09:30) 

FINAL DIVIDEND PAYMENT DATE 
Tangent Communications 

FINAL EX-DIVIDEND DATE 
Airsprung Group, Brooks Macdonald Group, Consort Medical, Games Workshop Group, Kier Group, Photo-Me International, Stagecoach Theatre Arts 

Thursday September 22 

INTERIMS 
Altitude Group, Energetix Group, Songbird Estates 

INTERIM DIVIDEND PAYMENT DATE 
Brewin Dolphin Holdings, Hochschild Mining, Prudential 

QUARTERLY PAYMENT DATE 
Total SA, Virgin Media Inc. 

INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
Supermarket Sales (JPN) 
PMI Manufacturing Survey (FRA) (08:00) 
PMI Service Sector Survey (FRA) (08:00) 
Consumer Confidence Indicator (EU) (10:00) 
Industrial New Orders (EU) (10:00) 
Initial Jobless Claims (US) (13:30) 
Continuing Claims (US) (13:30) 
Bloomberg Consumer Confidence (US) (14:45) 
Leading Indicators (US) (15:00) 

FINALS 
Sinclair Is Pharma 

ANNUAL REPORT 
Mcbride 

AGMS 
Atlantis Japan Growth Fund Ltd., Betfair Group, Cobra Holdings, Conexion Media Group, CSF Group, Fulcrum Utility Services Ltd. (DI), Micro Focus International Plc, New India Inv Trust, NWF Group, Supergroup, Thames River Multi Hedge PCC Ltd. Realisation Shares, Tricorn Group, VietNam Holding Ltd., Zoo Digital Group 

TRADING ANNOUNCEMENTS 
Assura Group Ltd., Euromoney Institutional Investor, TUI Travel, United Utilities Group

UK ECONOMIC ANNOUNCEMENTS 
CBI Industrial Trends Surveys (11:00) 

Friday September 23 

INTERIMS 
Amphion Innovations, Planet Payment Inc., Tawa 

INTERIM DIVIDEND PAYMENT DATE 
Aegis Group, BlackRock Latin American Inv Trust, Catlin Group Ltd., Concurrent Technologies, Dragon Oil, Henderson Group, Henderson Opportunities Trust, Japan Residential Investment Co Ltd., Kingspan Group, London Capital Group Holdings, LPA Group, National Express Group, Patsystems, Plaza Centers NV, Quadnetics Group, Rotork, Ultra Electronics Holdings, Wood Group (John), Xaar 

GMS 
Kings Arms Yard VCT, Kings Arms Yard VCT 2 

SPECIAL DIVIDEND PAYMENT DATE 
PHSC 

AGMS 
Filtronic, Frontline Ltd., Penna Consulting, Trinity Capital, WYG 

INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
Consumer Confidence Indicator (FRA) (07:45) 
Wages (FRA) (07:45) 
PMI Manufacturing Survey (GER) (08:30) 
PMI Service Sector Survey (GER) (08:30) 
PMI Manufacturing Survey (EU) (09:00) 
PMI Service Sector Survey (EU) (09:00) 
PMI Composite Index (EC) (09:00) 

UK ECONOMIC ANNOUNCEMENTS 
BBA Mortgage Lending Figures (09:30) 

FINAL DIVIDEND PAYMENT DATE 
BlueStar SecuTech Inc. (DI), Carclo, City of London Group, ECO Animal Health Group, First Property Group, PHSC, Scottish & Southern Energy

Biggles

sabretoothtigger wrote: »

Duty is skipped where its listed on a main market elsewhere, I think only aim type smaller companies would qualify for this maybe

But quite a few are listed in Canada as well as here or Australia and sometimes that means no duty for LSE buys

But shares with a main listing on the Irish market are charged at 1%.

chris_m

sabretoothtigger wrote: »

Duty is skipped where its listed on a main market elsewhere, I think only aim type smaller companies would qualify for this maybe

But quite a few are listed in Canada as well as here or Australia and sometimes that means no duty for LSE buys

Cheers, that explains it - the ones I had which attracted no duty were dual-listed on AIM and in Canada.

egyptiangirl

Good grief! I think I might just buy premium bonds...:eek:

thanks for everyone's kind help