Share Dealing Discussion Area

sabretoothtigger

Monday February 04 

INTERIM DIVIDEND PAYMENT DATE 
BT Group, Mitie Group 

INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
Producer Price Index (EU) (10:00) 

Q4 
Randgold Resources Ltd. 

FINALS 
Randgold Resources Ltd. 

IMSS 
888 Holdings 

AGMS 
Future 

TRADING ANNOUNCEMENTS 
888 Holdings 

UK ECONOMIC ANNOUNCEMENTS 
PMI Construction (09:30) 

FINAL DIVIDEND PAYMENT DATE 
Artemis VCT, Scottish Inv Trust 

Tuesday February 05 

INTERIMS 
Allocate Software 

INTERIM DIVIDEND PAYMENT DATE 
Anglo Pacific Group, Johnson Matthey, Workspace Group 

INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
PMI Composite (EU) (09:00) 
PMI Composite (GER) (08:55) 
PMI Services (EU) (09:00) 
PMI Services (GER) (08:55) 
Retail Sales (EU) (10:00) 

Q4 
ARM Holdings, BG Group, BP 

GMS 
Sports Stars Media 

FINALS 
ARM Holdings, BG Group, BP, Low & Bonar, St. Modwen Properties 

IMSS 
Victrex 

AGMS 
Albion Income & Growth VCT, Dewhurst, Dewhurst (Non-Voting), Numis Corporation, Victrex 

UK ECONOMIC ANNOUNCEMENTS 
BRC Sales Monitor (00:01) 
Official Reserves (09:30) 
PMI Services (09:30) 

FINAL DIVIDEND PAYMENT DATE 
Spirit Pub Company 

Wednesday February 06 

INTERIMS 
Hargreaves Lansdown 

INTERIM DIVIDEND PAYMENT DATE 
Ashtead Group, Halma, Vodafone Group 

INTERIM EX-DIVIDEND DATE 
Cohort, Daejan Holdings, Penna Consulting, Stagecoach Group, Tricorn Group 

QUARTERLY EX-DIVIDEND DATE 
Unilever 

INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
PMI Construction (GER) (08:55) 

Q3 
Canaccord Financial Inc. 

Q4 
GlaxoSmithKline, Wolfson Microelectronics 

FINALS 
GlaxoSmithKline, New Europe Property Investments, Wolfson Microelectronics 

SPECIAL EX-DIVIDEND PAYMENT DATE 
Rensburg AIM VCT 

AGMS 
Blackrock Income And Growth Investment Trust, LED International Holdings Ltd (DI), Redhall Group 

UK ECONOMIC ANNOUNCEMENTS 
BRC Shop Price Index (00:01) 
New Car Registrations (09:30) 

FINAL DIVIDEND PAYMENT DATE 
Edinburgh Worldwide Inv Trust 

FINAL EX-DIVIDEND DATE 
Noble Investments (UK), Victrex 

Thursday February 07 

INTERIMS 
Mcbride 

INTERIM DIVIDEND PAYMENT DATE 
FirstGroup 

INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
ECB Interest Rate (EU) (12:45) 
Industrial Production (GER) (11:00) 

Q4 
Smith & Nephew 

FINALS 
Beazley, Smith & Nephew, Royal Dutch Shell, AstraZeneca 

IMSS 
Avon Rubber, Supergroup, Vodafone Group, Diageo, BskyB 

EGMS 
Hotel Corporation (The) 

AGMS 
Avon Rubber, BlackRock New Energy Inv Trust, Compass Group, Downing Absolute Income VCT 1, Downing Absolute Income VCT 1 'C' Shares , Downing Income Vct, Downing Income Vct 4, Paragon Group Of Companies, Thomas Cook Group, TUI Travel, Unicorn AIM VCT 

TRADING ANNOUNCEMENTS 
Bellway 

UK ECONOMIC ANNOUNCEMENTS 
Balance of Trade (09:30) 
BoE Interest Rate Decision (12:00) 

FINAL DIVIDEND PAYMENT DATE 
Cardiff Property, JPMorgan Asian Inv Trust 

Q1 
TUI Travel, TUI Travel 

Friday February 08 

INTERIMS 
Aquarius Platinum Ltd. 

INTERIM DIVIDEND PAYMENT DATE 
ICAP, Pinewood Shepperton 

INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
Balance of Trade (GER) (07:00) 
Current Account (GER) (07:00) 
Factory Orders (GER) (11:00) 
Retail Price Index (GER) (07:00) 

FINALS 
Catlin Group Ltd. 

IMSS 
Shaftesbury 

AGMS 
Grainger, Shaftesbury 

FINAL DIVIDEND PAYMENT DATE 
Daily Mail and General Trust 'Ord' Shares, Daily Mail and General Trust A (Non.V), Grainger, Next Fifteen Communications, Smiths News, Unicorn AIM VCT

sad_gills_fan

Firstly, apologies for not being clear about any part of this question, I'm struggling to understand it myself!

So, I pay in to a company share scheme. It matures in 2014, when I will have paid in £14k. I know that I can then buy shares at an option of 61p which would give me 23090 shares.

My question is .. how do I get the maximum cash in the shortest period of time please?

1. Could I put all 23090 shares in a Shares ISA on the day of maturity, then remove them the following week and sell them at that days rates? Would it be tax free then as they'd been in an ISA?

2. If I have to do it bit by bit because of Capital Gains Tax, let's say they are worth £50k ... can I only take out my personal allowance of £10k, or can I also have the £14k I put in, thus giving me a first payment of £24k? I presume I could then take out another personal allowance of £10k the following April etc.

3. As I'm not married (engaged and co-habiting for 11 yrs), can I gift any shares to my partner, allowing us to get 2 lots of personal allowance?

Thank you in advance for any advice you can give ... obviously I do not want to break any laws, but, if there are legal loopholes that I could take advantage of, that's fine!:D
I wasn't sure where to ask these questions as it's share dealing, but also tax and savings!

Look forward to hearing your advice!

Sad_Gills_Fan:beer:

chris_m

Sad_Gills_Fan, you have a Personal Message regarding this.

At least, you should have, can't see it in my sent items but I'm not sure if it doesn't show up until you've read it.

Chickereeeee

Charles Stanley Direct have opened a new platform which looks pretty straight forward in terms of charges, and not too bad?

Anybody using it, and feedback?

Clean funds available with 0.25% platform charge, or or refund of 100% comission if no clean fund available yet (or you move 'dirty' funds across)

teralin

Does anyone on here have experience of investing in shares purely for the dividend ie buying just before ex div day and selling soon after record day. Are there any obvious drawbacks to doing this other than share price fluctuations.

I have been day trading for some time with some modest success but I want to seek out those companies that pay good dividends and take advantage of them.

Any thoughts?

Biggles

teralin wrote: »

Does anyone on here have experience of investing in shares purely for the dividend ie buying just before ex div day and selling soon after record day. Are there any obvious drawbacks to doing this other than share price fluctuations.

If the dividend is, say, 10p, the share price falls by 10p when it goes ex-div (because any buyers will not now have the benefit of the divi) so, all other price fluctuations ignored, your would end up with the same amount of money less your dealing costs and bid-offer spread, ie the whole exercise would cost you around £25-£50 each time.

sabretoothtigger

obvious drawbacks

Nothing obvious to gain or lose. Shares dont always fall on ex div, if they happen to rise that day it can be for some unknown good news. Its all about unobvious or foreseen beneficial differences between a buy and sell.

Look up arbitrage, its the basis (bias!) to every thing

slaya

Hello!

I am about to open self select ISA. This will be my first trading account. The two options I'm considering are:

1) x-o for low dealing costs (no annual fee and £5.95 per trade);

2) Barclays share-dealing (£60 a year and 12.95 per trade).


I will be investing 1k per month, not going to trade often. Barclays ISA would cost me £144/y more and additional £7 more each time I sell a stock. Is the higher cost justified by:

-level of service
-features available
-security.

Also, some people in previous posts were complaining on x-o level of service, is this still the case (those posts were dated mid 2011)? And is Barclays service as good as they claim?

How hard is it to transfer S&S ISA to another provider, if I decide to switch after I build a substantial portfolio?

sabretoothtigger

Never had a problem with xo. Anything less then 10k of shares is a small trade, most people should then opt to act accordingly and stick to the cheapest services.
Other types of cost would be tax and spread size so unless xo charge more then 1% more for the same shares at the same time I cant see a problem with them.
Same for an ISA, its for people who gain 10k every year in profits which unfortunately is not me so I couldnt be spending hundreds to use it hence cheap as possible

Is Barclays execution only or they are proposing to advise you.

Monday February 04 

INTERIM DIVIDEND PAYMENT DATE 
BT Group, Mitie Group 

INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
Factory Orders (US) (15:00) 
Goods Orders (US) (15:00) 
Producer Price Index (EU) (10:00) 

Q4 
Randgold Resources Ltd., Torchmark Corp. 

FINALS 
Randgold Resources Ltd., Torchmark Corp. 

IMSS 
888 Holdings 

AGMS 
Future 

TRADING ANNOUNCEMENTS 
888 Holdings 

UK ECONOMIC ANNOUNCEMENTS 
PMI Construction (09:30) 

FINAL DIVIDEND PAYMENT DATE 
Artemis VCT, Scottish Inv Trust 

Tuesday February 05 

INTERIMS 
Allocate Software 

INTERIM DIVIDEND PAYMENT DATE 
Anglo Pacific Group, Johnson Matthey, Workspace Group 

INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
ISM Non-Manufacturing (US) (15:00) 
ISM Services (US) (15:00) 
PMI Composite (EU) (09:00) 
PMI Composite (GER) (08:55) 
PMI Services (EU) (09:00) 
PMI Services (GER) (08:55) 
Retail Sales (EU) (10:00) 

Q4 
ARM Holdings, BG Group, BP 

GMS 
Sports Stars Media 

FINALS 
ARM Holdings, BG Group, BP, Low & Bonar, St. Modwen Properties 

IMSS 
Victrex 

AGMS 
Albion Income & Growth VCT, Dewhurst, Dewhurst (Non-Voting), Numis Corporation, Victrex 

UK ECONOMIC ANNOUNCEMENTS 
BRC Sales Monitor (00:01) 
Official Reserves (09:30) 
PMI Services (09:30) 

FINAL DIVIDEND PAYMENT DATE 
Spirit Pub Company 

Wednesday February 06 

INTERIMS 
Hargreaves Lansdown 

INTERIM DIVIDEND PAYMENT DATE 
Ashtead Group, Halma, Vodafone Group 

INTERIM EX-DIVIDEND DATE 
Cohort, Daejan Holdings, Ingenious Entertainment VCT 1, Ingenious Entertainment VCT 1 'C' Shares, Ingenious Entertainment VCT 1 'D' Shares, Ingenious Entertainment VCT 1 E Shares, Ingenious Entertainment VCT 1 F Shares, Ingenious Entertainment VCT 2, Ingenious Entertainment VCT 2 'C' Shares, Ingenious Entertainment VCT 2 'D' Shares, Ingenious Entertainment VCT 2 F Shares, Mattioli Woods, Penna Consulting, Puma High Income VCT , Puma Vct 8, Puma Vct VII, Stagecoach Group, Tricorn Group 

QUARTERLY EX-DIVIDEND DATE 
IBM Corp., JPMorgan Claverhouse Inv Trust, Unilever 

INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
PMI Construction (GER) (08:55) 

Q3 
Canaccord Financial Inc. 

Q4 
GlaxoSmithKline, Virgin Media Inc., Wolfson Microelectronics 

FINALS 
GlaxoSmithKline, New Europe Property Investments, Virgin Media Inc., Wolfson Microelectronics 

IMSS 
Grainger 

SPECIAL EX-DIVIDEND PAYMENT DATE 
Rensburg AIM VCT 

AGMS 
Blackrock Income And Growth Investment Trust, LED International Holdings Ltd (DI), Redhall Group 

UK ECONOMIC ANNOUNCEMENTS 
BRC Shop Price Index (00:01) 
New Car Registrations (09:30) 

FINAL DIVIDEND PAYMENT DATE 
Edinburgh Worldwide Inv Trust 

FINAL EX-DIVIDEND DATE 
Noble Investments (UK), Victrex 

Thursday February 07 

INTERIMS 
Mcbride 

INTERIM DIVIDEND PAYMENT DATE 
FirstGroup 

INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
Consumer Credit (US) (20:00) 
ECB Interest Rate (EU) (12:45) 
Industrial Production (GER) (11:00) 
Productivity (US) (13:30) 

Q4 
Smith & Nephew 

FINALS 
Beazley, Smith & Nephew 

IMSS 
Avon Rubber, Supergroup, Vodafone Group 

EGMS 
Hotel Corporation (The) 

AGMS 
Avon Rubber, BlackRock New Energy Inv Trust, Compass Group, Downing Absolute Income VCT 1, Downing Absolute Income VCT 1 'C' Shares , Downing Income Vct, Downing Income Vct 4, Paragon Group Of Companies, Thomas Cook Group, TUI Travel, Unicorn AIM VCT 

TRADING ANNOUNCEMENTS 
Bellway 

UK ECONOMIC ANNOUNCEMENTS 
Balance of Trade (09:30) 
BoE Interest Rate Decision (12:00) 

FINAL DIVIDEND PAYMENT DATE 
Cardiff Property, JPMorgan Asian Inv Trust 

Q1 
TUI Travel, TUI Travel 

Friday February 08 

INTERIMS 
Aquarius Platinum Ltd. 

INTERIM DIVIDEND PAYMENT DATE 
ICAP, Pinewood Shepperton 

INTERNATIONAL ECONOMIC ANNOUNCEMENTS 
Balance of Trade (GER) (07:00) 
Balance of Trade (US) (13:30) 
Current Account (GER) (07:00) 
Factory Orders (GER) (11:00) 
Retail Price Index (GER) (07:00) 
Wholesales Inventories (US) (15:00) 

FINALS 
Catlin Group Ltd. 

IMSS 
Cable & Wireless Communications, Shaftesbury 

AGMS 
Grainger, Shaftesbury 

FINAL DIVIDEND PAYMENT DATE 
Daily Mail and General Trust 'Ord' Shares, Daily Mail and General Trust A (Non.V), Grainger, Next Fifteen Communications, Smiths News, Unicorn AIM VCT

Biggles

sabretoothtigger wrote: »

Shares dont always fall on ex div, if they happen to rise that day it can be for some unknown good news.

Hence my reference to 'all other price fluctuations ignored'.

In other words, on the day of going xd for this theoretical 10p divi, if a share would otherwise have risen by 20p on that day due to good news, it would only rise 10p.

And if it would have fallen by 20p due to bad news, it would fall 30p.

The fact is, the company is now worth that much less (10p a share) to any potential new buyer, which is why the 'buy just before xd' strategy can never work. Don't worry, lots of people have thought of this before and, if there were money to be made, we would all be doing it!