johnnygibber
01 Feb 2016
Clueless as the rest of us.... Deutsche bank cuts Price target of BG to £12.90 from £13.55 - BG will need to get its skates on.They also Reckon Oil Companies will have another dull quarter....due to......weak crude prices......yep....bet that took a few PhD's.....Meanwhile Exane BNP Paribas cuts Shell to £17.00....but thinks RDSB is best of the bunch.So fingers in the wind I reckon.....vested interests for clients .... and do folks really trade based on these 'expert' views ??!!Right.... that's me for today...minor rant only as wife bought the mild expresso stuff 
GLAJGPS. Lambrini's £6.30 ish looking a bit of a stretch in the other direction !!
Eadwig
01 Feb 2016
Re: Options "3) I've been told the National Grid share-holding is held electronically via Lloyds Bank (LBGSA). But she says she never, ever had any accounts nor dealings with Lloyds Bank ..any ideas ?"Lloyds acted as registrar for many shares once and your relative could easily have ended up with a holding managed by Lloyds without her ever having had dealings with them. The simple answer is to find out who is the registrar for NG now, ring them up and explain the situation. They may insist on speaking with her directly (I pretend to be my elderly relative when I do this, it can save a lot of time with people like Equiniti who have been less than helpful in the past). Give her name and address (be prepared with any possible past address), the registrar will then confirm the position and tell you how to go about them either issuing a new certificate or arranging an online account where ever they are held electronically.If she has been receiving dividend cheques, then they already have her current address. If the shares are held electronically by someone like Capita or whoever, there's no need to request a new certificate - they might not issue them anymore, in fact. If they do it will certainly cost to get a new one, but there isn't any actual need for it as any sale or transfer will have to be done via the electronic account, either by logging in or by forms dowloaded from their site, filled out and posted back to them.Good luck.
LK Hyman
31 Jan 2016
Re: Options Gimmie,"I've been told the National Grid share-holding is held electronically via Lloyds Bank (LBGSA). But she says she never, ever had any accounts nor dealings with Lloyds Bank ..any ideas ?"That seems a little odd. I wondered whether, when one of the various demergers took place which led to the creation of National Grid as it is now, she might have somehow been shunted into a nominee (such as Equiniti who are the nominee for Shell shares) despite originally having the pukka "Sid" share certificate which you suggest she had from the get go. However Capita are the registrar for National Grid, so it's a mystery how Lloyds could have become involved, unless perhaps, sometime in the past, they performed a role for National Grid similar to Equiniti for Shell.Good luck with your quest! The shares won't have disappeared into the ether, so your relo shouldn't be concerned.LKH on the flybridge
LK Hyman
30 Jan 2016
Re: Options Gimmie,"plus either c£60 for a BG divi, or c£80 for a Shell one, depending on whether the "effective date" is before or after Shell goes xd))."Your relo will get the Shell divi rather than the BG divi. She shouldn't worry about getting a replacement BG share certificate as it's such a short period until it's replaced by a Shell share certificate for 0.4454 shares for each BG share, as picstloup says. LKH on the flybridge
GimmieJimmie
30 Jan 2016
Re: Options pics....thanks
picstloup
29 Jan 2016
Re: Options GimmieJimmie:I assume your elderly relation was one of the original "Sids" from way back when. I was as well, buying 600 shares in the privatisation. Out of that, the current holding for somebody who never sold would be:588 shares in BG534 shares in Centrica174 shares in National GridAs far as I know, she will be able to trade BG until the "effective date", which should be around 12-15 February. Otherwise she will get the default option, which is 0.4454 Shell shares for each BG share, and £3.83 in cash (so, in the case of the "Sid" who bought 600 shares, 261 RDSBs and £2281 cash (plus about another fiver or so for the fractional share, plus either c£60 for a BG divi, or c£80 for a Shell one, depending on whether the "effective date" is before or after Shell goes xd)).
GimmieJimmie
29 Jan 2016
Options A feeble and very elderly relative has asked me to help obtain duplicate share certificates for her BG, Centrica and National Grid ( the originals were lost or destroyed many years ago )Just got a load of bumph regarding the Shell takeover, and I don't yet know where to start.. Could any kind reader out there give me some free "quickie" guidance ... eg :1) her new share certificates may take a week or 2 to come through - how much time is left before BG Group shares can no longer be traded or cashed in on the LSE ?2) could anyone know a brief history of how she could have also acquired Centrica & National Grid shares over the years ... she has no idea, unfortunately. I'm just curious - maybe take-overs / mergers / renamed branches of BG .. ?3) I've been told the National Grid share-holding is held electronically via Lloyds Bank (LBGSA). But she says she never, ever had any accounts nor dealings with Lloyds Bank ..any ideas ?All this is just a polite request - please don't just mock and ridicule my questions ... just ignore them (or me) ... any insight or comments will be welcome - before I can find the time to go into the nitty-gritty and the nuts and bolts of the Shell Take-over OfferthanksGJ
picstloup
29 Jan 2016
Re: related matters "the refrain beloved of Wadham College rowers in the late sixties"I bet Maurice Bowra never sang that!LKH on the flybridge__________ __________ Dear old Maurice, my uncle's godfather, he probably wrote it. Used to turn up at intervals to family dos in the 60s when I was (fortunately) well underage, and he wasn't keen on kinder, but I gather he was very fond of a bit of buggery in the right place. Don't spose he's mentioned on these boards very often.
shovelier
29 Jan 2016
Re: Sold Out Hmm. There's been a lot of muttering about a possible takeover at BP of late and it might bring some value back into the share price but it would mean BP becoming even more American I guess which wouldn't be popular on this side of the pond.
shovelier
29 Jan 2016
Re: related matters We used to have a row of aquaria in our biology labs at school with axolotls for us to study.I wonder what prompted your choice of pseudonym.
LK Hyman
29 Jan 2016
Re: Sold Out Spain,"Already have BP so still in oil."But Shell is the quality stock in the sector!I have a smidgeon of BP too ... just in case. It could be the next company to succumb to a takeover.LKH on the flybridge thought that's not why I have it
shovelier
29 Jan 2016
Re: difference ax, yes of course it should.
LK Hyman
29 Jan 2016
Re: related matters Axolotl,"the refrain beloved of Wadham College rowers in the late sixties"I bet Maurice Bowra never sang that!LKH on the flybridge
Damp Seaweed
29 Jan 2016
Re: Mix and Match Ask again in 9 days
picstloup
29 Jan 2016
Re: Mix and Match At the moment, with RDSB at over £15 and rising, it would be better to opt for maximum shares. As everybody can see the advantage, we'll all probably get scaled back to very close to the default option. If Shell falls back below £14.69, then cash is better. As everybody ditto ditto.
