Discussion
cml24 said:
Is it a publicly traded company?
Does your employer not offer any share scheme that would give you preferential rates or tax breaks to buy and hold shares in the company? That's quite common.
Yes its ftse 250, they do but i believe there's only a certain window period for new applicants and the shares are really good value at the moment.Does your employer not offer any share scheme that would give you preferential rates or tax breaks to buy and hold shares in the company? That's quite common.
A500leroy said:
Yes its ftse 250, they do but i believe there's only a certain window period for new applicants and the shares are really good value at the moment.
Open a trading account such as HL.co.uk, transfer some funds from your bank, and buy & sell online.You may find your own bank offers a share trading service.
They maybe 'good value' for a reason.
A500leroy said:
Never done this, very basically i want to buy shares in a company i work for ( im not a powerfully built director im just one of the monkeys), not a great amount but how do i do this, who do i contact?
I've always been wary of buying into the company I work for unless it's a share save scheme. If the company went under you would lose your job, and your savings.www.iweb-sharedealing.co.uk part of Halfax bank group is an excellent site for managing shares too. Commission is only £5 per trade (plus stamp duty when buying). Easy to setup an ISA too, so all dividend income and capital gains are tax free.
Please don't take this the wrong way, but by what metric are the good value? It took me a year of reading and research before i bought shares in my first individual company because there are so many fundamental metrics you need to understand, and even then i only knew the basics. Yet one of the first things i learned was how to buy the shares. Id suggest if you don't even know how to buy the shares, youre not in a good position to judge whether the company is over valued, fair valued or under valued.
Do you know what price to earnings means? Or price to book? Or dividend cover?
Do you know what price to earnings means? Or price to book? Or dividend cover?
Benbay001 said:
Please don't take this the wrong way, but by what metric are the good value? It took me a year of reading and research before i bought shares in my first individual company because there are so many fundamental metrics you need to understand, and even then i only knew the basics. Yet one of the first things i learned was how to buy the shares. Id suggest if you don't even know how to buy the shares, youre not in a good position to judge whether the company is over valued, fair valued or under valued.
Do you know what price to earnings means? Or price to book? Or dividend cover?
Agreed. It might be worth the OP posting which company it is. It's not as if it will affect the share price.Do you know what price to earnings means? Or price to book? Or dividend cover?
rockin said:
A500leroy said:
the shares are really good value at the moment.
How do you know that?Either (a) you don't know, or (b) you do know and any purchase of shares will make you guilty of the criminal offence of insider trading.
Benbay001 said:
Please don't take this the wrong way, but by what metric are the good value?
Perhaps the share price is now below the last options offer to employees.
I can remember an occasion when that occurred at a firm I was employed by. I suggested to some colleagues they might want to cash in last years options, then take up more this year at the much lower price. The only loss would be some interest on 10 months contributions. The idea spread around the firm, which probably annoyed the scheme administrators, but 3 years later many people were very pleased. Employee options are a 'no brainer'. The risk involved is rather like betting on a horse, after it has crossed the finish line. You have to hope that your employers financial success is good though, to do really well from the schemes.
As an employee of a public company you can only trade when the window is open for employees, usually the week after the quarterly results are announced to the market you get an email from employer informing you that you can trade then its open for a month. At least thats how its been for the last 3 public companies I have worked for.
If you want to buy shares, and there is no employee purchase scheme (often there is, with some discount) then you just need a stocks and shares ISA account (so any gains are tax free) just open one up with your bank, most offer them these days.
If you want to buy shares, and there is no employee purchase scheme (often there is, with some discount) then you just need a stocks and shares ISA account (so any gains are tax free) just open one up with your bank, most offer them these days.
bogie said:
As an employee of a public company you can only trade when the window is open for employees, usually the week after the quarterly results are announced to the market you get an email from employer informing you that you can trade then its open for a month. At least thats how its been for the last 3 public companies I have worked for.
If you want to buy shares, and there is no employee purchase scheme (often there is, with some discount) then you just need a stocks and shares ISA account (so any gains are tax free) just open one up with your bank, most offer them these days.
Surely that's only certain people? When I wanted to buy some of my companies shares (ftse 100) I asked if I was affected by the dealing period, and was told no (ie I was deemed not to have access to any insider info).If you want to buy shares, and there is no employee purchase scheme (often there is, with some discount) then you just need a stocks and shares ISA account (so any gains are tax free) just open one up with your bank, most offer them these days.
As it happens I didn't buy as I had a share save allocation, which over time did very well
98elise said:
bogie said:
As an employee of a public company you can only trade when the window is open for employees, usually the week after the quarterly results are announced to the market you get an email from employer informing you that you can trade then its open for a month. At least thats how its been for the last 3 public companies I have worked for.
If you want to buy shares, and there is no employee purchase scheme (often there is, with some discount) then you just need a stocks and shares ISA account (so any gains are tax free) just open one up with your bank, most offer them these days.
Surely that's only certain people? When I wanted to buy some of my companies shares (ftse 100) I asked if I was affected by the dealing period, and was told no (ie I was deemed not to have access to any insider info).If you want to buy shares, and there is no employee purchase scheme (often there is, with some discount) then you just need a stocks and shares ISA account (so any gains are tax free) just open one up with your bank, most offer them these days.
As it happens I didn't buy as I had a share save allocation, which over time did very well
I work for a very large tech company - the restrictions on trading only apply to some very senior roles. In the EMEA, that's probably less than 20 people out of a cast of tens of thousands. It is the same for at least two of my friends who work for similarly large tech companies, as we joke about the stock a lot.
Obviously there must be places who implement a blanket policy and you have your own experience, but based on my own experience it's unusual!
Obviously there must be places who implement a blanket policy and you have your own experience, but based on my own experience it's unusual!
nebpor said:
I work for a very large tech company - the restrictions on trading only apply to some very senior roles. In the EMEA, that's probably less than 20 people out of a cast of tens of thousands. It is the same for at least two of my friends who work for similarly large tech companies, as we joke about the stock a lot.
Obviously there must be places who implement a blanket policy and you have your own experience, but based on my own experience it's unusual!
Same position here.....Nasdaq listed, I am not one of the employees who holds confidential data that would prevent me dealing whenever I want.....Obviously there must be places who implement a blanket policy and you have your own experience, but based on my own experience it's unusual!
There are two different questions,
1. Employer policy, and
2. Criminal law.
Irrespective of an employer's policy regarding who is restricted from dealing by their employment contract (i.e. can be disciplined for dealing at the wrong time whether or not they have price sensitive information) it is a criminal offence for anyone to deal if they have inside information which might cause the share price to move if that information was publicly known.
1. Employer policy, and
2. Criminal law.
Irrespective of an employer's policy regarding who is restricted from dealing by their employment contract (i.e. can be disciplined for dealing at the wrong time whether or not they have price sensitive information) it is a criminal offence for anyone to deal if they have inside information which might cause the share price to move if that information was publicly known.
A500leroy said:
Royal Mail.
Then you should have access to the below via workhttps://www.myroyalmail.com/sites/default/files/do...
A500leroy said:
Royal Mail.
They do a matching scheme, but it is a shame that they do not appear to have a Save As You Earn scheme for employees.
You cannot therefore avoid the risk of holding paid for shares, although that risk is partly reduced because you receive free shares and you use gross earnings to purchase.
I have been enthusiastic about holding shares for over 30 years. In addition to studying the fundamentals of a business, 'gut feeling' is also important, because for long-term holdings you need to think how the business can perform in the future.
Royal mail shares might look cheap now, having lost 58% in 5 years and the dividend yield is 14.5%, but investors must be concerned about the continual decline in letters. Use of email and other electronic services have of course had, and continue to have a major effect. I have not studied very closely, but I gather parcel volumes have increased, although that business must face numerous competitors.
Turnover has gone nowhere over the past 5 years, and although there have been small increases to the dividend, 14.5% is obviously out of line.
After flotation, I though the political shouting might be short lived !
I wonder what encouraged share buyers during the 2018 1st half, to push the share price to reach the all time high ?
( click to enlarge, then click again )
Edited by Jon39 on Monday 24th February 17:14
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