JamieG54 812 Posted December 16, 2012 Share Posted December 16, 2012 I really want to buy 500 but with Xmas here and the fact I'm not rich Im wondering if I can afford. Just bought house and car this year I still have savings but whats the chances of a dividend being paid out in future years or the share price going up? No much time left I want to give to my club rather than buy off a trader in a few months. Wish they had offered this at end of the season when cash would be available for us. It's the most expensive time of the year but it's only one chance and only a day or so left. Anyone else in a similar boat? Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted December 16, 2012 Share Posted December 16, 2012 Just do it Quote Link to post Share on other sites More sharing options...
JamieG54 812 Posted December 16, 2012 Author Share Posted December 16, 2012 Also I seen a post saying only 775k shares had been bought by fans. How would anyone get that figure? Quote Link to post Share on other sites More sharing options...
jim1983 9 Posted December 16, 2012 Share Posted December 16, 2012 I'm on the same boat mate moneys tight at this time of year This should have been done at the end of the season Quote Link to post Share on other sites More sharing options...
WadeWilson 4,670 Posted December 16, 2012 Share Posted December 16, 2012 I really want to buy 500 but with Xmas here and the fact I'm not rich Im wondering if I can afford. Just bought house and car this year I still have savings but whats the chances of a dividend being paid out in future years or the share price going up? No much time left I want to give to my club rather than buy off a trader in a few months. Wish they had offered this at end of the season when cash would be available for us. It's the most expensive time of the year but it's only one chance and only a day or so left. Anyone else in a similar boat?Are you not planning a flotation of your own? Quote Link to post Share on other sites More sharing options...
BAP1872 138 Posted December 16, 2012 Share Posted December 16, 2012 Just get it done m8! You are going to regret not using your savings on this, after all you will be able to save up the £500 again in due time Quote Link to post Share on other sites More sharing options...
BAP1872 138 Posted December 16, 2012 Share Posted December 16, 2012 Also I seen a post saying only 775k shares had been bought by fans. How would anyone get that figure?Looks like someone is at it, don't think any figures have been released yet. Quote Link to post Share on other sites More sharing options...
govansw1 327 Posted December 16, 2012 Share Posted December 16, 2012 £500 over our lifetime of supporting Rangers is pennies/week. Do it. Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted December 16, 2012 Share Posted December 16, 2012 I reckon you will get a better return off £500 in shares than you would get from any ISA Quote Link to post Share on other sites More sharing options...
JamieG54 812 Posted December 16, 2012 Author Share Posted December 16, 2012 Yeah what am I thinking? I have to. Love my club it's for life. Don't even know why I posted that Shite post Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted December 16, 2012 Share Posted December 16, 2012 Yeah what am I thinking? I have to. Love my club it's for life. Don't even know why I posted that Shite postGet yer cilice on straight away Quote Link to post Share on other sites More sharing options...
Reformation Bear 6,453 Posted December 16, 2012 Share Posted December 16, 2012 You're right - its a very difficult time of the year to find money for shares. I know the notice of the IPO was short but I've managed to keep enough aside to buy (made the application yesterday). I didn't buy in the expectation of dividends being paid out or as a financial investment. The reasons I bought and will bear the financial difficulty at this time of year are (1) the ambition that Charles and Ally can steer Rangers back to the very top and in Champions League football at fastest pace possible - and I believe it will take serious money and a lot of financial commitment from Bears over time to do that; and (2) I want to see Rangers getting as much money as possible so that we can keep the very best players, buy the best we can afford and keep Ibrox in top nick and put the club on such a strong financial footing that there is no chance of returning to the desparate times we saw this year. I'll say also that I trust the Rangers Board to act responsibly with the money raised and to use it wisely. I believe we have the right people running the club so I'm digging deep into pockets to back them. I am under no illusions about this - to continue the rebuilding at a good pace and get back to the very top will take serious money as well as the skill of players and the manager on the pitch. Quote Link to post Share on other sites More sharing options...
JamieG54 812 Posted December 16, 2012 Author Share Posted December 16, 2012 Cilice? Quote Link to post Share on other sites More sharing options...
BAP1872 138 Posted December 16, 2012 Share Posted December 16, 2012 The reason I bought was to help my club and secondly, to have the certificate on my wall. Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted December 16, 2012 Share Posted December 16, 2012 Cilice?Are you not a member then? Quote Link to post Share on other sites More sharing options...
JamieG54 812 Posted December 16, 2012 Author Share Posted December 16, 2012 You will need to explain the term to me :-) Quote Link to post Share on other sites More sharing options...
WadeWilson 4,670 Posted December 16, 2012 Share Posted December 16, 2012 I'm on the same boat mate Quote Link to post Share on other sites More sharing options...
JamieG54 812 Posted December 16, 2012 Author Share Posted December 16, 2012 The boat with me and gogzy at loch lomand Quote Link to post Share on other sites More sharing options...
WadeWilson 4,670 Posted December 16, 2012 Share Posted December 16, 2012 The boat with me and gogzy at loch lomandNever happened, Silas... Quote Link to post Share on other sites More sharing options...
JamieG54 812 Posted December 16, 2012 Author Share Posted December 16, 2012 Just gonna apply now. Apart from the certificate what is your proof? Say you lose the certificate etc what backup is there? Quote Link to post Share on other sites More sharing options...
BAP1872 138 Posted December 16, 2012 Share Posted December 16, 2012 Just gonna apply now. Apart from the certificate what is your proof? Say you lose the certificate etc what backup is there?You get an email confirming the purchase mate. Quote Link to post Share on other sites More sharing options...
BAP1872 138 Posted December 16, 2012 Share Posted December 16, 2012 And I believe you can purchase a new certificate if anything happens to the original one Quote Link to post Share on other sites More sharing options...
Carsons Dog 9,878 Posted December 16, 2012 Share Posted December 16, 2012 You will need to explain the term to me :-)Google it Quote Link to post Share on other sites More sharing options...
BAP1872 138 Posted December 16, 2012 Share Posted December 16, 2012 From the bbc:Q and A: Share certificatesTo buy and sell shares you need a stockbrokerIf you are one of the millions of people with share certificates stored at home - beware.One Money Box listener recently lost her certificate for £30,000 worth of shares in National Grid.When she called the company they told her to ring the registrars for a replacement, the cost totalled nearly £100.What are share certificates?They are simply evidence of the fact you own shares in a company - but nothing more than evidence.The list of shareholders held by a company's share registrar is a more definite proof of ownership.What happens if certificates are lost?As the certificate itself is only evidence, it can be replaced by a companies' registrar.Call the company secretary's office of the firm you own shares in and ask for the number of the registrar.The registrar will usually provide you with a 'form of indemnity'. This is simply a piece of paper you sign to declare you are the rightful owner of the shares.This form will usually cost around £20. But it needs to be counter-signed by a bank, insurance company or trustee company - essentially an insurance policy for the registrar - in case the title to the shares is disputed.This is much more expensive with prices ranging from £20 to £90 depending on the value of the shares.What alternatives to share certificates are there?To buy and sell shares you must operate via a stockbroker whether you use certificates or not.The alternative to certificates is using a nominee account. With these, technically the broker owns the shares and the investor only has the rights to beneficial ownership.In other words they are entitled to the cash from the sale and the dividend payments.Why would you choose a nominee account?First of all there is no risk of losing certificates as your stockholdings are simply a digital account held at the stockbroker.It also substantially speeds up dealing - settlements are much quicker. However the main benefit is cost.Buying or selling shares is much cheaper in nominee accounts.For £2000 worth it would cost roughly £25 through a share certificate dealing, but as low as £7 with a nominee account.However there are a couple of possible charges to note. Many, but not all nominee accounts charge an annual fee, they also charge transfer fees if you want to switch stockbroker.This can leave you trapped in due to the cost of moving even if your broker increased its dealing charges.Are there any other draw backs to nominee accounts?As you do not own the shares directly, you are not automatically entitled to receive annual reports, vote in company decisions or gain any perks or discounts offered to shareholders.Some nominee accounts will allow you these benefits if you ask them - so it is worth checking out.A few nominee accounts operate a special service called "Crest personal membership" in which case you will have the same rights as share certificate holders but within an electronic format. But this tends to add to the cost.How much does it cost to switch my certificates to a nominee account - is it worth it?Most nominee account brokers will switch you for free in order to gain your business.Whether you should do it depends first on if you think you are likely to lose your certificates and second on your priorities.If being an active shareholder and gaining all the rights and benefits of shareholders is important to you - then either stick with certificates or look for Crest personal membership.If the priority is the cost of buying or selling shares you are almost invariably better off in a nominee account.I believe the price is around £30 for a certificate replacement. Quote Link to post Share on other sites More sharing options...
JCDBigBear 11,050 Posted December 16, 2012 Share Posted December 16, 2012 I really want to buy 500 but with Xmas here and the fact I'm not rich Im wondering if I can afford. Just bought house and car this year I still have savings but whats the chances of a dividend being paid out in future years or the share price going up? No much time left I want to give to my club rather than buy off a trader in a few months. Wish they had offered this at end of the season when cash would be available for us. It's the most expensive time of the year but it's only one chance and only a day or so left. Anyone else in a similar boat?Jamie,It is likely to be a "once in a lifetime" purchase for you. The share value may go up or down slightly once they go public. I think they will go up a bit, maybe 10% as there will be a number of fans trying to buy the odd £100 worth here and there. If you need some money after buying £500 of shares (714 shares) you could offer some of them for sale to someone on RM or go through a broker. As there are so many institutional investors, I fully expect that dividends will be paid out after 3 to 5 years from now. Quote Link to post Share on other sites More sharing options...
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