Royal Mail Shares

[cloherty1976]

where does it say what money the union of got ?

In the accounts and to be honest if all liabilities and assets are added together you've probably got more down the back of your sofa.
Anyway what kind of union invests directly in the feckin stock market?

I think your find a lot of unions invest in the ftse..

[k979aaa]

It is bit like colleague shares is it not no documents only a promise of wealth in the future we all he been down that path before! Who is to say we have not all worked hard enough and the 10% is now not worth anything? even though we know it is just like colleague shares. IT IS A CON.

[freelunch]

Will the union be buying shares as an investment?
A straight forward and honest answer would be nice.

Unions aren't intended to be investment vehicles. Their operating cash isn't held in "risky" ventures. Membership subscriptions are not a bet on the stock market.
Union members will already be invested in shares through their pensions. The pension managers will no doubt invest in the privatised Royal Mail Group as they do BT etc as part of a diversified portfolio.

[cloherty1976]

Will the union be buying shares as an investment?
A straight forward and honest answer would be nice.

Unions aren't intended to be investment vehicles. Their operating cash isn't held in "risky" ventures. Membership subscriptions are not a bet on the stock market.
Union members will already be invested in shares through their pensions. The pension managers will no doubt invest in the privatised Royal Mail Group as they do BT etc as part of a diversified portfolio.

Unions are businesses as well and do have pensions to pay there employees and will invest in the stock market to pay out accordingly..

[Lincox]

K997A.
Colleague shares were not the same as the flotation shares. The value of each employee share in the 10% value of the company is worth the same as the value of each share purchased by outside investors. The value can be found each day by going on line or reading the newspapers.

[k979aaa]

K997A.
Colleague shares were not the same as the flotation shares. The value of each employee share in the 10% value of the company is worth the same as the value of each share purchased by outside investors. The value can be found each day by going on line or reading the newspapers.

Yes you are right but you need to stay in royalmail for 3 years and even then you will pay tax till after 5 years how many of us all will be here then? after wage cuts cut's in sick pay and holiday entitlement not least zero hour contracts .
.

[chrisj]

These are free shares!!! The shares will be kept in nominee account for you and will be in your name. And will be just like any ordinary shares except that you cannot sell before 3 years and will pay some tax when it is sold before 5 years.

So it is a win win situation and it is not like colleague shares. yes, the value can drop but RM will be in the top FTSE and will not likely drop more than 25% at worse. Even at 50%, the value should be be £1000 minus tax - but then it is FREE!

Lastly, the government has made the shares even more attractive by declaring a 'Guaranteed Dividends' of at least 6 or 7% in the first year and will be the same before the election...

So what is not to like about the shares? Against privatisation is a separate issue entirely. But 6% on a free investment compared to 1.5% max on an ISA is a no brainer.

[k979aaa]

These are free shares!!! The shares will be kept in nominee account for you and will be in your name. And will be just like any ordinary shares except that you cannot sell before 3 years and will pay some tax when it is sold before 5 years.

So it is a win win situation and it is not like colleague shares. yes, the value can drop but RM will be in the top FTSE and will not likely drop more than 25% at worse. Even at 50%, the value should be be £1000 minus tax - but then it is FREE!

Lastly, the government has made the shares even more attractive by declaring a 'Guaranteed Dividends' of at least 6 or 7% in the first year and will be the same before the election...

So what is not to like about the shares? Against privatisation is a separate issue entirely. But 6% on a free investment compared to 1.5% max on an ISA is a no brainer.

Selling out your terms and conditions for one what you invest your money in is your business not mine but don't tell me not to fight for my principles and my terms and conditions!

[comeracing]

These are free shares!!! The shares will be kept in nominee account for you and will be in your name. And will be just like any ordinary shares except that you cannot sell before 3 years and will pay some tax when it is sold before 5 years.

So it is a win win situation and it is not like colleague shares. yes, the value can drop but RM will be in the top FTSE and will not likely drop more than 25% at worse. Even at 50%, the value should be be £1000 minus tax - but then it is FREE!

Lastly, the government has made the shares even more attractive by declaring a 'Guaranteed Dividends' of at least 6 or 7% in the first year and will be the same before the election...

So what is not to like about the shares? Against privatisation is a separate issue entirely. But 6% on a free investment compared to 1.5% max on an ISA is a no brainer.

chrisj are you buying some shares as well with your own money ?

[railmail]

No interim dividend in the first year just a final of £133m.Its in the prospectus.
Its all their what Moya gets, what they got for WD Mail Centre, but look out if you work in a Mail Centre on packets.

[chrisj]

So what is not to like about the shares? Against privatisation is a separate issue entirely. But 6% on a free investment compared to 1.5% max on an ISA is a no brainer.

Please read my post carefully.

I am not telling you what to do with the ballot and not telling you whether or not to go on strike...

I have to agree with cloherty in some ways 'a strike ballot' does not automatically mean that we shall go on strike. Of course, a Yes vote will send some sort of message - what message I do not know and how much RM will take notice of the message is also unknown.

Am I buying more shares? That is also not what my post is about. It is about the FREE SHARES (they are not like colleague shares).

[chrisj]

No interim dividend in the first year just a final of £133m.Its in the prospectus.
Its all their what Moya gets, what they got for WD Mail Centre, but look out if you work in a Mail Centre on packets.

There is a guaranteed dividend! Whether you get an interim dividend of e.g, 1.5% and then 4% later as a final dividend is irrelevant but very few companies give a commitment to such a large dividend in the first year (btw financial year starts in April).

I doubt Facebook has paid any dividends yet and many of the high tech companies went years without paying any dividends after floatation.

The truth is that nor many will be opting out of the shares regardless of what we think of the privatisation, or even if we went on strike!

[k979aaa]

So what is not to like about the shares? Against privatisation is a separate issue entirely. But 6% on a free investment compared to 1.5% max on an ISA is a no brainer.

Please read my post carefully.

I am not telling you what to do with the ballot and not telling you whether or not to go on strike...

I have to agree with cloherty in some ways 'a strike ballot' does not automatically mean that we shall go on strike. Of course, a Yes vote will send some sort of message - what message I do not know and how much RM will take notice of the message is also unknown.

Am I buying more shares? That is also not what my post is about. It is about the FREE SHARES (they are not like colleague shares).

You mean option shares where you invest is not my business but never tell me not to strike shares can go up or down.

[k979aaa]

No interim dividend in the first year just a final of £133m.Its in the prospectus.
Its all their what Moya gets, what they got for WD Mail Centre, but look out if you work in a Mail Centre on packets.

There is a guaranteed dividend! Whether you get an interim dividend of e.g, 1.5% and then 4% later as a final dividend is irrelevant but very few companies give a commitment to such a large dividend in the first year (btw financial year starts in April).

I doubt Facebook has paid any dividends yet and many of the high tech companies went years without paying any dividends after floatation.

The truth is that nor many will be opting out of the shares regardless of what we think of the privatisation, or even if we went on strike!

Where is all these dividends from un-paid overtime it's not out of Moya's pocket with £1,475000 is it robbing the poor to pay the rich?

[chrisj]

???