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Do you really have RM 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.
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dvbuk55
EX ROYAL MAIL
Posts: 16650
Joined: 02 Jun 2007, 19:17
Gender: Male

Re: Do you really have RM shares?

Post by dvbuk55 »

chrisj wrote:2000 is a long time ago - introduced by the Labour party. So I wonder how many other companies have used SIPs or are currently using SIPS?

So nothing to do with RM privatisation specifically. Well, there we have it - there is no conspiracy as far as giving us shares is concerned.
I wonder if Dave's getting to grips with privatisation is the control of the share vote :cuppa
k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Re: Do you really have RM shares?

Post by k979aaa »

chrisj wrote:No share certificate* but you will soon get some information like share reference number from Equiniti and you can register and happily look at how your shares is doing. We have already got a confirmation letter of number of shares - have you not?

Not very interesting if you cannot really sell but they will also send you a statement of your dividends and provide you with a choice of either having your dividend paid as a cheque or credited to a bank account.

* Share certificate are being phased out and most new shares are now held in a nominee account or electronically through CREST... Share certificate cost more to sell and if you lose them, you have to pay for replacements.
Wonder if Equiniti was insolvent would we lose our shares it has happened before with even the biggest banks on our high street!
RobertT
EX ROYAL MAIL
Posts: 6645
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Do you really have RM shares?

Post by RobertT »

k979aaa wrote:Wonder if Equiniti was insolvent would we lose our shares it has happened before with even the biggest banks on our high street!
Equinti don't 'own' the shares so it wouldn't make any difference if they went bust.
Links to all RM pension related websites are here
immortaltechnique
Posts: 16
Joined: 25 Jun 2013, 14:12
Gender: Male

Re: Do you really have RM shares?

Post by immortaltechnique »

I don't worry about shares, I opted out,This whole messy share business is immoral, pr**s I work with are already talking about selling theirs and what they will buy with the money, I hope that they are worthless in 3 years.
chrisj
Posts: 1883
Joined: 21 Dec 2010, 16:24
Gender: Male

Re: Do you really have RM shares?

Post by chrisj »

The only time I have ever been burnt on share ownership is with a bank* - Bradford & Bingley. Although, I was a carpetbagger - so it was mostly free shares but the lied during the rights issues and were not truthful about the position and health of the bank.

So, I know businesses go bust but rarely does a service industry go completely bust without warning signs. and you can bet that someone will 'takeover' and the shares will be bought even if at a lower price.

* Banks are usually corrupt and they almost brought the country to its knees within the recent collapse of the financial market - they are a special case when it comes to shares ownership and all that.

TBH, these are free shares and people need to forget about them - for a long while...
k979aaa
Posts: 12578
Joined: 03 Sep 2007, 19:14
Gender: Male
Location: THE NORTH

Re: Do you really have RM shares?

Post by k979aaa »

immortaltechnique wrote:I don't worry about shares, I opted out,This whole messy share business is immoral, pr**s I work with are already talking about selling theirs and what they will buy with the money, I hope that they are worthless in 3 years.
May well be worthless nothing is a guarantee these days.
red666bear
Posts: 104
Joined: 19 Dec 2009, 22:54
Gender: Male

Re: Do you really have RM shares?

Post by red666bear »

When did we give royal mail permission to pass our personal details onto Equiniti?
dvbuk55
EX ROYAL MAIL
Posts: 16650
Joined: 02 Jun 2007, 19:17
Gender: Male

Re: Do you really have RM shares?

Post by dvbuk55 »

red666bear wrote:When did we give royal mail permission to pass our personal details onto Equiniti?
Well it'll be in the small print if it isn't it soon will be but maybe the union said it would be ok if they get a seat on the board.