Share Dealing Discussion Area

tradetime

A Rights Issue, is an offering of stock to existing shareholder based on how much stock they already own, usually offered at a discount price to the current share price.
Basically the companies involved intend to sell more stock to raise money, this will increase the number of shares in circulation and thus dilute the holdig of existing shareholders, the rights issue gives them the opportunity to increase thwier share holding at a favourable price to offset this dilution.
Unfortunately, companies making rights offerings have been seen as weak and have attracted a lot of selling and short selling often forcing their existing stock price below the price of the offering, in such a circumstance it would be more prudent for shareholders just to ignore the rights issue and buy in the open market if wishing to increase their holding.

kirkie_2

Hi I am wanting to buy some shares, but have never actually done this before. Can anyone point me in a good place in which to buy please? I presume I just need to go to a broker?

tradetime

kirkie wrote: »

Hi I am wanting to buy some shares, but have never actually done this before. Can anyone point me in a good place in which to buy please? I presume I just need to go to a broker?

Popular here seem to be
Selftrade
Hargreaves Landsdowne
TD Waterhouse

Blah99

kirkie wrote: »

Hi I am wanting to buy some shares, but have never actually done this before. Can anyone point me in a good place in which to buy please? I presume I just need to go to a broker?

Your first stop should be here:

http://www.amazon.co.uk/Naked-Trader-Anyone-Trading-Shares/dp/1905641516/ref=sr_1_1?ie=UTF8&s=books&qid=1230142441&sr=8-1

Rolandtheroadie

Blah99 wrote: »

Your first stop should be here:

http://www.amazon.co.uk/Naked-Trader-Anyone-Trading-Shares/dp/1905641516/ref=sr_1_1?ie=UTF8&s=books&qid=1230142441&sr=8-1

Great book, i'm on my second time through it and have opened a self invested ISA just to get into trading.

I'm using The Share Centre to trade.

PennyTrader

kirkie wrote: »

Hi I am wanting to buy some shares, but have never actually done this before. Can anyone point me in a good place in which to buy please? I presume I just need to go to a broker?

This one's pretty good:
www.iii.co.uk

It's £10 per trade (of any size) and there is no commission

simpywimpy

Ive just joined landsdowne and found it really easy to use.

Bought a few HBOS shares in the hope I get lloyds tsb in exchange. Anyone heard anything about the likelyhood of the merger?

Also got some premier foods.

Im only a small investor but want to learn about it before risking any more money

sabretoothtigger

Latest I hear is the pension fund trustees causing merger problems. Its nothing new though and the pricing of the shares matches the merger as its been voted through

Blah99

sabretoothtigger wrote: »

Latest I hear is the pension fund trustees causing merger problems. Its nothing new though and the pricing of the shares matches the merger as its been voted through

Yes, there are problems with the shortfall in the HBOS pension fund:

http://www.thisismoney.co.uk/investing-and-markets/article.html?in_article_id=459411&in_page_id=3

sabretoothtigger

Pretty much a given for any normal company in the uk I'd say. Think I heard similar of BA/Quantas