lossmaker2
15 Feb 2016
Shares but no cash I have received my share component-0.637 x my holding(spot on LKH and DS) but no cash to be seen yet? The purchase price showing seems rather high too. Any ideas?
Hawk Eye32
15 Feb 2016
Re: help please LK, I've opted to take all shell shares if there are any to allocate, do deem this a wise move on my part?
DevonianDracula
15 Feb 2016
BG delendum est , so see you all on other boards!
LK Hyman
15 Feb 2016
Re: help please Picstloup,"Still trying to work out"Go back and look on the RDSB board again, m8. It's all spelled out there now.LKH etc
LK Hyman
15 Feb 2016
Re: Today's deal . Info please Warrenbufet,"In a nutshell is this seen as a positive for BG shareholders ?"In a nutshell ... yes. BG shareholders have done really well out of this deal and have escaped just about all the pain that the rest of Big Oil has taken on the chin over the last 10 months or so.LKH on the flybridge
picstloup
15 Feb 2016
Re: help please I know that "Never sell Shell" is an article of faith for some people, but that is chust plain silly. From a UK tax perspective (I don't know what the situation is in Spain) it's better to get some spending money from selling shares, even with a capital gain (if applicable) than to get it purely via taxable dividends.__________ __________ ______Better still, have your Shell shares in SIPPs and ISAs so no capital gains or divi tax is payable on them, and you can "never sell Shell" and never pay tax on its chunky divi.Still trying to work out 76.something % at .70something Shell shares per BG, + 0.4454 times the remainder plus £3.83 times 24.56%. Multiplied by the number you first thought of.Whatever, the total is apparently around a quid a BG share plus 0.6and a bit RDSB for those who opted for the max - a far smaller scaleback than I was expecting (thought it would be around the 0.5 mark).
warrenbufet
15 Feb 2016
Re: Today's deal . Info please What I mean is on my portfolio on here it is still showing with a share price and how many shares in BG I own etc .I use TD Waterhouse so I guess I need to contact them to find out how many shares in shell I now own and how much cash I've been given .?In a nutshell is this seen as a positive for BG shareholders ? Cheers
LK Hyman
15 Feb 2016
Re: Today's deal . Info please Warrenbufet,"How come on my portfolio it is still showing that BG is trading and has a share price then ? Cheers"It hasn't traded since close of play on Friday afternoon, m8. Trust me [though, come to think of it, why should you?]BG as a listed company is no more. It is an ex listed company and now it is but an unlisted subsidiary of Shell.Man up!LKH on the flybridge
LK Hyman
15 Feb 2016
Re: help please Firm,"Can I ask you folk now whether you think it's worth holding onto the RDS shares."I certainly intend hanging on to my Shell shares, which now represent 11.3% of my shrunken wad after my BG shares were exchanged into Shell shares.The Shell yield at the current share price is 8%. There is some risk of a cut in the divi, but not until 2017 (unless Ben wants to be fired for going back on his assurance by cutting it sooner).However, even if it is halved (and I don't think it will be) that would still leave a yield of 4% which ain't bad against most alternatives.The chicken lickens who are bleating about the risk that income seekers will dump Shell if the divi has to be cut at some stage in the future overlook the fact that many shareholders are perfectly capable of creating a synthetic dividend for themselves by selling a few shares each year in order to maintain their income. I know that "Never sell Shell" is an article of faith for some people, but that is chust plain silly. From a UK tax perspective (I don't know what the situation is in Spain) it's better to get some spending money from selling shares, even with a capital gain (if applicable) than to get it purely via taxable dividends.Put the Shell shares in your sock drawer and leave 'em there would be the view ofLKH on the flybridge
warrenbufet
15 Feb 2016
Re: Today's deal . Info please Many thanks for this info mate . How come on my portfolio it is still showing that BG is trading and has a share price then ? Cheers
firm facts
15 Feb 2016
help please Thanks folks for your input. Living in Spain in retirement and without instant access to my postbox in the UK makes life a bit scary at times. Doing the calculations and seeing the BG (post sale) price, it seems it's a win win. Can I ask you folk now whether you think it's worth holding onto the RDS shares.
sportbillygoat
15 Feb 2016
Re: Today's deal . Info please WarrenBG exists no more. It's been taken over by Shell. Assuming the default option was followed (which it will have been if holders did nothing) then holders will receive £3.83 in cash for each BG share held and 0.4454 of an RDSB share in Shell. It might take a week or two to get shares and cash to the registered holders. Worry not.Assuming one does not/is unable to sell the new RDSB shares before Thursday there will also be an RDSB quarterly dividend arriving in holders accounts on the 29th March, which at 47c is way better than the more modest BG dividend offered previously - though there is debate about how much longer RDSB dividends may last at this generous level given the depressed price of oil.SBG
k9maggie
15 Feb 2016
late trading data friday re ''trades'' data....someone emptied or fill their pants...k9
warrenbufet
15 Feb 2016
Today's deal . Info please I nearly had a heart attack today as I am looking after some BG shares for a family member and only log on from time to time as it is a long term investment . But on my portfolio it showed as no shares although they have reappeared since although quite at a reduced worth since I last looked ( realise the markets have been turbulent recently so half expecting this) .Can anyone please shed some light on the deal with she'll and what it means to my investment with BG shares Many thanks in advance
sportbillygoat
15 Feb 2016
Re: help please jwy"I presume they will send me an RDSB certificate through the post, with a cheque (as per dividends), I don't have to do anything."I expect they'll send you all of that AND a bank credit form giving you the opportunity to fill in your bank account details, send them back to the registrar in the envelope they provide, and then have your dividends paid directly into your bank account - on the day the company pays them out.Other than the fact this makes it easier for the feds to follow the money, assuming one pays one's tax, it is eminently convenient.Mine get paid back into my ISA, so I have a near instantaneous opportunity to lose the money in any share of my choosing...SBG
