selling or keeping

Postie45 · Post by **Postie45** » 14 Sep 2016, 20:01

yeah its probably not worth taking the shares out unless you plan on leaving within the next 2 years. By taking them out sooner not only do you lose the tax and ni you also dont get the dividend payments so could be approaching around £1300-£1400 less (based on our past dividend pay outs) Some people may be able to make more money by taking them out sooner or really want/need the money but as a general rule keeping them in makes the most sense.

Post by **TrueBlueTerrier** » 15 Sep 2016, 15:55

Spedley wrote:
It is likely, but not certain, that the price at which your shares are sold will be somewhere between the highest and lowest share price on the stock market on the day they are sold
Not quite sure what that means?

Today's price has fluctuated from £5.12 - to £5.14 at 4pm, but with a high price of 5.1686 so basically if you sold today under that the rules as quoted you could get any price from £5.12 to £5.1686 so a possible difference in price of nearly £30 on 613 shares.

Spedley · Post by **Spedley** » 15 Sep 2016, 20:54

So the even though the price was only recorded as fluctuating to £5.14 it actually reached 5.1686 for a short period of time?

Post by **aiden01** » 15 Sep 2016, 21:15

Spedley wrote:So the even though the price was only recorded as fluctuating to £5.14 it actually reached 5.1686 for a short period of time?

YES

elteleltel · Post by **elteleltel** » 15 Sep 2016, 22:56

When I have sold shares before I made sure I knew the latest price before I made the call ,then I was given 15 secs to say yes or no to the price quoted to me.
Best to wait if you really want or need to sell , for a wk or so

Nondescript · Post by **Nondescript** » 15 Sep 2016, 23:33

Twenty four percent of those surveyed plan on selling and then, presumably, bailing. A damning indictment of how s**t this company has become.

Post by **wacko74** » 16 Sep 2016, 07:39

So just to confirm then... anyone who leaves RM in the next 3 years will be forced to remove (ie sell) their shares and take the tax hit, even if they don't want to sell them?

Post by **TrueBlueTerrier** » 16 Sep 2016, 07:54

wacko74 wrote:So just to confirm then... anyone who leaves RM in the next 3 years will be forced to remove (ie sell) their shares and take the tax hit, even if they don't want to sell them?

yes

Page 9 of the Guide https://www.myroyalmail.com/sites/defau ... %202015%20(V8a" onclick="window.open(this.href);return false;)%20AWNC%20(online).pdf

If you leave between three and five years after
being given the Free Shares, the Trustee will
take them out of the SIP and you can instruct
the administrator, Equiniti, either to sell all
your shares or sell enough of the shares to
cover any income tax and National Insurance
that are due. Equiniti will deduct any costs
(commission) relating to the sale of your shares,
and transfer the rest of the shares to you for
you to continue to hold outside the SIP.

Post by **milly** » 22 Sep 2016, 08:17

Nondescript wrote:Twenty four percent of those surveyed plan on selling and then, presumably, bailing. A damning indictment of how s**t this company has become.

Most of the people who are selling in my office never have two ha'pennies to rub together and live from hand to mouth.
Betting shops,Pubs and Travel agents should do well in my local area for a few days after they sell up.
No person in their right mind would take a 32% hit on their shares unless they were desperate for cash.

k979aaa · Post by **k979aaa** » 22 Sep 2016, 18:15

milly wrote:
Nondescript wrote:Twenty four percent of those surveyed plan on selling and then, presumably, bailing. A damning indictment of how s**t this company has become.
Most of the people who are selling in my office never have two ha'pennies to rub together and live from hand to mouth.
Betting shops,Pubs and Travel agents should do well in my local area for a few days after they sell up.
No person in their right mind would take a 32% hit on their shares unless they were desperate for cash.

Or gambler's alcoholic's or just cannot stand being in the UK when others throw themselves into truck's to live here. I would consider other options than just selling them if I were anyone who has any sense of the way this place is going!

toomuchcoke · Post by **toomuchcoke** » 22 Sep 2016, 20:21

k979aaa wrote:Or gambler's alcoholic's or just cannot stand being in the UK when others throw themselves into truck's to live here. I would consider other options than just selling them if I were anyone who has any sense of the way this place is going!

I'm fully expecting to see posts in the future along the lines of "Why haven't I got as much dividend as I was expecting?" where it will be revealed, upon further questioning, that they sold their shares and where somehow unaware that this would affect their future dividends ...

Post by **rambo1** » 22 Sep 2016, 22:10

magicw wrote:I don't see how a mass of people selling shares in October will effect the share price. It isn't a supply and demand thing.

The share price is based on the Value of the company on the stock exchange. The stock exchange doesn't care or rate the share price on who holds the stock ( I.e you or the people who buy your shares when they come to market ) The share price is simply the total number of shares issued against the perceived value of the company.

People will decide to buy shares on the dividend they yield and the likely hood of the stock rising or falling.

The only thing that may effect the share price as a result of everyone vesting their shares in October is that this could be perceived by the market as Current employees waiting until they can do this, and then exiting the company leading to poor ( or in this case worse ) Industrial relations.

There are loads in our office gobbing off about how they are just waiting for their shares to cash. then they are off. Personally I cant see how circa £2,5k after tax is enough to walk from a job.

Whether you sell or not will depend on personal financial circumstances, Either way its free money! but do you really want HRMC to have 25% of it?

Wrong. Mass sell off of a share will drop the sp and the mm (market makers) will probably exaggerate this to create a bit of volatility. They don't really care what the price is they make money ever time someone trades. The more trades the more money they make. Sentiment and supply demand drive the sp. Anything else, like company performance is mainly noise. They'll know what date the uninformed posties can sell and drop the price before it. My advice is don't sell unless you're so deep in debt the money would cut the interest you're paying, but you'd have to be pretty bad.

wandle · Post by **wandle** » 24 Sep 2016, 11:00

It is likely, but not certain, that the price at which your shares are sold will be somewhere between the highest and lowest share price on the stock market on the day they are sold

Not quite sure what that means?[/quote]

IF, for example, you contact Equiniti on Monday 17th October (the first actual day the shares can be sold, given that the London Stock Market is closed at weekends), and instruct them to sell your shares, your order will be combined with any other employee instructions, and all of you will have your shares sold for you. However, they do not guarantee to sell them on that day, Monday 17th. They may be sold 'over the following days', depending how many orders they receive. The share price can move up and down quite a bit during the course of a day; more so if a flood of buyers or sellers emerges. So, if the price moves around a bit, dipping to say 505p, peaking at 522p, and closing at 515p, what Equiniti are saying is that yours and all other employee sellers cannot have any confirmation of the exact price your shares will be sold at, or even that they will be sold on the Monday! If they ARE sold on the Monday, you could get (in this hypothetical scenario) as much as 522p/share, or as low as 505p/share, a difference of 17p, equating to receiving £104.21 less at the lower of those two prices.

However, it seems to me that anyone giving away a massive £959.22 in tax and National Insurance, and missing out on £271 in dividends over the next two years on shares they elected to sell, would be a tad silly to moan about the price they were sold at not being 'the best price'.

Think about it.

If you'd been able to sell yesterday, 613 shares at 520.5p, you'd have received £2231.45 [ 3190.67 less a whopping £959.22 in tax/NI ]

That equates to receiving only 364p per share for shares you sold

wandle · Post by **wandle** » 24 Sep 2016, 11:09

milly wrote:
Most of the people who are selling in my office never have two ha'pennies to rub together and live from hand to mouth.

Reminds me of a quote I read on Facebook

"Rich people stay rich by spending like they're poor.
Poor people stay poor because they spend like they're rich"

What sensible person would sell something for only 2/3rds of it's value ???

bullhead · Post by **bullhead** » 24 Sep 2016, 22:29

Not sure if it's been mentioned elsewhere, but if I was to die without having cashed in my shares , then would my NOK ( my son) be able to receive them if I left them to him in my will. Would rather sell them if it meant him getting something rather than leave them in and then being divied up by Moya and Co and him getting nowt

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