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No idea about shares

The latest news and discussion on Royal Mail Shares.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
All news and discussion on Daniel Kretinsky's full takeover of Royal Mail.
Ringer21
Posts: 126
Joined: 13 Jul 2016, 15:04
Gender: Male

No idea about shares

Post by Ringer21 »

I've no idea about shares a lot at my office have cashed in but a few are advising me to stick with them don't really want to end up with nothing what are people's thoughts on this
woody38
EX ROYAL MAIL
Posts: 273
Joined: 19 Apr 2016, 08:38
Gender: Male

No idea about shares

Post by woody38 »

A lot at my office cashed them in thing they got about £2'500' thing they are worth about £3'000 at the present time, I keeping me till October 2018 that's when we can cash them in pay nothing
WOBBLY
Posts: 362
Joined: 27 Apr 2012, 13:19
Gender: Male

No idea about shares

Post by WOBBLY »

woody38 wrote:A lot at my office cashed them in thing they got about £2'500' thing they are worth about £3'000 at the present time, I keeping me till October 2018 that's when we can cash them in pay nothing
They're worth roughly £2500 atm before tax. The second wave of shares become conditional on 23/4/17
worktotime
Posts: 2860
Joined: 14 May 2010, 20:47
Gender: Male

No idea about shares

Post by worktotime »

simple keep them , the shares would have to drop to £3.28 or so to get the same money as those that sold them and paid ni and tax , so why not get the dividends on them till you can sell tax . ni free.
Surreypostie
Posts: 997
Joined: 04 Aug 2013, 21:05
Gender: Male

No idea about shares

Post by Surreypostie »

There is no right or wrong answer, everybody is different, if you could use the money now then sell them, if you don't need it then keep them. I can't imagine they will ever be worth nothing and even if they were you won't have lost anything as you didn't pay for them.
Ringer21
Posts: 126
Joined: 13 Jul 2016, 15:04
Gender: Male

No idea about shares

Post by Ringer21 »

Thanks for the info think I'll hang fire for a while
worktotime
Posts: 2860
Joined: 14 May 2010, 20:47
Gender: Male

No idea about shares

Post by worktotime »

Ringer21 wrote:Thanks for the info think I'll hang fire for a while
:thumbup
TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72561
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

No idea about shares

Post by TrueBlueTerrier »

SIP 2013 Free Shares were awarded on 15 October 2013
SIP 2014 Free Shares were awarded on 9 April 2014
SIP 2015 Free Shares were awarded on 5 October 2015
SIP 2016 Free Shares were awarded on 6 October 2016

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