Share dealing.

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Share dealing.

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Nick

Joined: 02 Nov 2004
Posts: 34535
Location: Hereford

Posted: Thu Jul 14, 11 9:47 am Post subject: Share dealing.
I wish to buy some shares; not many, perhaps only 1. In the same way Hugh F-W owns one Tesco share, I'd like to make a similar investment elsewhere. Anyone buy shares, and could suggest how to do so, cheaply, please?

Jb

Joined: 08 Jun 2005
Posts: 7761
Location: 91� N

Posted: Thu Jul 14, 11 9:51 am Post subject:

Most banks will offer a small share dealing service.

Buying a single share is never cost effective (I take it you just want to annoy them by getting them to have the admin charges) but for small share dealings, they can typically be done for an admin charge of about �15 or so plus whatever taxes and duties apply. So small scale share ownership is a lot easier now than it used to be.

I'd start with your own bank's web site and see what options they have. There's usually a bit of a learning curve while you work out how the system works but once you've got the hang of it it should be easy enough.

Nick

Joined: 02 Nov 2004
Posts: 34535
Location: Hereford

Posted: Thu Jul 14, 11 9:52 am Post subject:
No, don't want to annoy anyone, but it's probably the quickest way to see a companies balance sheet, and get annual reports.

Jb

Joined: 08 Jun 2005
Posts: 7761
Location: 91� N

Posted: Thu Jul 14, 11 9:54 am Post subject:
For example https://shareinfo.lloydstsbsharedealing.com/services/help/demo/LTSB_SD_ServicesPreLoader.html is a walkthough of the lloyds share dealing system.

Jb

Joined: 08 Jun 2005
Posts: 7761
Location: 91� N

Posted: Thu Jul 14, 11 9:55 am Post subject:

Nick wrote:

No, don't want to annoy anyone, but it's probably the quickest way to see a companies balance sheet, and get annual reports.

Wouldn't that information be in the public domain anyway?

Nick

Joined: 02 Nov 2004
Posts: 34535
Location: Hereford

Posted: Thu Jul 14, 11 9:57 am Post subject:
You can get the details through companies house, but it costs to register, takes time, and the company can refuse to allow you, I think. I'm unsure, but this way seemed convenient and simpler. I think the accounts and balance sheet are less accessible.

Treacodactyl
Downsizer Moderator

Joined: 28 Oct 2004
Posts: 25795
Location: Jumping on the bandwagon of opportunism

Posted: Thu Jul 14, 11 10:03 am Post subject:
I think most cheap share dealing companies will hold shares in a nominee account, i.e. you don't actually own the shares so I don't think you'll get the details you're after. Some brokers might provide the information you're after though, for example: https://www.hl.co.uk/shares/shares-search-results/t/tesco-plc-ordinary-5p/research

Shane

Joined: 31 Oct 2005
Posts: 3467
Location: Doha. Is hot.

Posted: Thu Jul 14, 11 10:24 am Post subject:
Try Interactive Investor - you can search by company name and see summary annual financial information by clicking on the Fundamentals tab. You may or may not need to create a (free) account to get that far into the system - not sure, and I can't be bothered to log out to check

Nick

Joined: 02 Nov 2004
Posts: 34535
Location: Hereford

Posted: Thu Jul 14, 11 10:38 am Post subject:
Hm, that's great, but looks UK only. My targets are Swiss/US. But thanks.

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