Share/Investment advice

[Doobs]

The Royal Mail offer is 7 x oversubscribed, which means that the average person should get less than £1000 worth of shares.  This assumes they don't take any from institutions or give the really big applicants zero.

Peston sayin that those that apply for £750 should get all their shares and those that applied for over £10k will probably get nothing.  Controversial, but not without precedent as discussed the other day.

http://www.bbc.co.uk/news/business-24471622

[exstream]

According to the government site.
If I applied online by debit card, when will the money leave my account?
The money will have left your account immediately after your application was submitted.

[edgascoigne]

Punt sports, get knocked back.

Try to purchase stock, get knocked back.

You couldn't make it up

EDIT: No difficulty finding people to play me at poker mind....sigh.

[Doobs]

Punt sports, get knocked back.

Try to purchase stock, get knocked back.

You couldn't make it up

EDIT: No difficulty finding people to play me at poker mind....sigh.

Such a balla, you had to punt more than 10k to get completely not backed.

Everyone else gets £750 worth if people hadn't heard. 

[edgascoigne]

Punt sports, get knocked back.

Try to purchase stock, get knocked back.

You couldn't make it up

EDIT: No difficulty finding people to play me at poker mind....sigh.

Such a balla, you had to punt more than 10k to get completely not backed.

Everyone else gets £750 worth if people hadn't heard. 

I wish. Technically anything more than £749.10 was a knock back

I sneaked in having done £10k exactly - absolutely by luck rather than design!

[Graham C]

Share allocation announced for the Royal Mail shares

£750 to £10,000 - 227 (worth £749.10 at the Offer price)
Over 10k - nothing.

https://royalmailshares.service.gov.uk/publichomepage.aspx

[Graham C]

Nice news though if you got some, they went up 38% and are currently at 444p after being slightly higher

[Waz1892]

Nice news though if you got some, they went up 38% and are currently at 444p after being slightly higher

closed at 455p. Public trading starts Tuesday, I should think it'll fall somewhat due to a lot of people selling straight away.

[redsimon]

Nice news though if you got some, they went up 38% and are currently at 444p after being slightly higher

closed at 455p. Public trading starts Tuesday, I should think it'll fall somewhat due to a lot of people selling straight away.

225 million shares traded today, i dont think price will fall much on Tuesday unless Stocks generally are down

[nirvana]

Nice news though if you got some, they went up 38% and are currently at 444p after being slightly higher

closed at 455p. Public trading starts Tuesday, I should think it'll fall somewhat due to a lot of people selling straight away.

Just for info - you could sell today and you can sell Monday if yr so inclined. You don't have to wait until Tuesday.

[exstream]

Anyone sold yet? It's at its highest price today isn't it?

[Waz1892]

478 at time of  righting. Settled down over the last hour.

Ballot announcement tomorrow, strike likely to happen 22/23 next week. 1 day.

This will no doubt have an adverse effect, so while I'm not an expert if your in this for a short time profit, do it today.

I heard a lot of investors don't know what the process is to sell as government haven't announced this yet!

RMG employees get to know the value late today which could take them over the £3k allowance, so some of the benefit will be deferred to 14/15.

[Doobs]

478 at time of  righting. Settled down over the last hour.

Ballot announcement tomorrow, strike likely to happen 22/23 next week. 1 day.

This will no doubt have an adverse effect, so while I'm not an expert if your in this for a short time profit, do it today.

I heard a lot of investors don't know what the process is to sell as government haven't announced this yet!

RMG employees get to know the value late today which could take them over the £3k allowance, so some of the benefit will be deferred to 14/15.

One day strikes are just background noise if you are holding long run.  Buying and selling on such events is an ROI killer.

If you are in for the short term, then this isn't going to make much difference, as the possible strike is well flagged.  Just sell when you have worked out how. 

[Doobs]

Anybody else sold?  I don't normally sell much, but 540 seems good enough .  Thanks GB taxpayers for taking on the pension liabilities.   Oh wait.

[Graham C]

Pretty decent rise.  Still have my shares, not sure what to do to be honest.  Think the dividend pay out so be nice?  When do they do that anyway?  After a year?