Stocks & Shares question

[Big Al.]

I've inherited some shares.
My question is what have I been left and how would I go about finding out how much they are worth if anything at all.

[JamieBeeston]

how many in what companies.

Easy from there

[mutley]

You could do a search on www.ft.com or in the finance section of yahoo.

[Big Al.]

JamieBeeston said:

how many in what companies. Easy from there

OK Jamie, lets say hypothetically

That I have a certificate for ordinary shares in the “Shell” Transport and Trading Company, p.l.c.

For 1000 ordinary shares of twenty-five pence each.

Does that make sense?

[CraigAlsop]

Go & have a look here
Is that the sort of thing you are looking for?
Sounds like you might be worth £3705

[Big Al.]

CraigAlsop said:

Go & have a look here Is that the sort of thing you are looking for? Sounds like you might be worth £3705

How much?

This is where I need some guidence.

So is each 25p share is worth 370.5pence?

[DontLift]

Yes, and my money would be on shell going up over the next quarter, do you like a flutter, if not then just sell them now.

>> Edited by DontLift on Wednesday 26th November 22:53

[Broccers]

Blatant boasting !!

Looking at my portfolio makes me cry.

[Big Al.]

Thanks for your inputs Guy's, much appreciated. OH

[JamieBeeston]

Big Al. said:

Thanks for your inputs Guy's, much appreciated. OH

you will need to check how you go about selling them, given they arent in your name, might find you have to apply to have them changed into your name, then its simply just a case of opening a trading account somewhere, and selling them.



congrats, and CGT free too (so long as you havent made any CGT profit anywhere else this tax yr)


You should also consider, at present rates, they pay a 15p dividend.

thats £150 a yr FOC, if you keep them.

all depends if you want cash now

The Stock Market said:

52wk Range: 331.50 - 440.00

They have been higher, and they have been lower

[wedg1e]

The value of equities is not guaranteed, and your home may be at risk if you do not keep up repayments on a mortgage or other loan secured on it.

Apparently.

[Big Al.]

Sorry to resurrect this one again, but I have a couple of new questions to ask!

I have had all the shares I inherited transferred into my name. So a year on I now have some idea as to the value of the shares I own.

however, I have found one set of shares that I’m not too sure of what they are can anybody advise please.

They are for The "Shell" Transport and Trading Co. Plc. and they are Second Preference shares of £1 each

What are second preference shares and what would 100 shares be worth?

TYIA.

Al.

[simpo two]

I was up with you until the last post! Getting a bit technical now... might be better on the Buiness forum?

But Shell is a sound outfit; one of the blue chip 'bankers' IIRC.

[Big Al.]

Sh1t thought it was? Cheers.

Tis now! OH

[simpo two]

I just realised: they're worth Jack Schitt. Tell you what, send 'em to me and I'll deal with them for you

[thepeoplespal]

Preference shares don't normally have the same voting rights as ordinary shares and the likelihood is that they may be worth a different price than the ordinary shares too.

The good thing about preference shares, is the fact that should the company go out of business, preference shares will get fully paid out on the distribution of the businesses assets before ordinary shares.

[ninja_eli]

thepeoplespal said:

Preference shares don't normally have the same voting rights as ordinary shares and the likelihood is that they may be worth a different price than the ordinary shares too. The good thing about preference shares, is the fact that should the company go out of business, preference shares will get fully paid out on the distribution of the businesses assets before ordinary shares.

Add to that:

the dividends are paid before ordinary share holders,

and the dividends are an agreed figure (i.e. 7%) rather than a being a % distribution of retained profits. (often they are called 5%/7% or whatever preference shares).

Also, with regards to the ordinary shares being 25p, that is their nominal value, there is likely to be a share premium account with most listed companies aswell as the fact that their traded value is more often than not different to the share premium and nominal values put together.

[ginettag27]

Hmmm... Seems like these are the following :


Shell 'Ordinarys' "25p" - the amount they were issued at btw... I think that they have an EPIC code of SHEL

Shell Transport and Trading.... I think they have an EPIC code of SHEB.. 'Preference' shares, I think they would have been offered at some time to those holding Ordinary's usually at a lower rate, to finance a project or possibly a takeover)

See advfn.com for more info... (should be free, although you might have to register with the site to see the info. on there)

Shell (SHEL)

www.advfn.com/p.php?pid=qkquote&btn=s_ok&symbol=LSE%3ASHEL&mode=0&period=9

Shell (SHEB)

www.advfn.com/p.php?pid=qkquote&btn=s_ok&symbol=LSE%3ASHEB&mode=0&period=9

Best advice, ask a 'friendly' broker, ideally go along to your own bank for advice, they should be able to help you out for free, especially as your not looking to sell them at this moment in time. HSBC are good, I can't vouch for others, but they're likely to be the same or similar. They should be able to give a full explanation of what they are, but hopefully the links above will go some way to doing that as well..

HTH

[Big Al.]

Thanks guys that's given me something to work on ....now where's that calculator?