Sky Price Increase

Mike Caine wrote:

£36.95 eh? Not a bad profit margin, considering that the shares are
currently trading at £6.72!

There's also broker costs, stamp duty, etc before you arrive at a true
profit margin

No stamp duty on the purchase of one share and one online dealer is
doing £5.50 trades at the moment.

--
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£36.95 eh? Not a bad profit margin, considering that the shares are
currently trading at £6.72!

There's also broker costs, stamp duty, etc before you arrive at a true
profit margin

No stamp duty on the purchase of one share

I've not heard of that one before. Do you have any online references?

and one online dealer is
doing £5.50 trades at the moment.

Which one is that? The one that my investment club use has recently
put up its prices and most seem to be over £10.00 per deal

Mike Caine wrote:
£36.95 eh? Not a bad profit margin, considering that the shares are
currently trading at £6.72!

There's also broker costs, stamp duty, etc before you arrive at a true
profit margin

No stamp duty on the purchase of one share

I've not heard of that one before. Do you have any online references?

and one online dealer is
doing £5.50 trades at the moment.

Which one is that? The one that my investment club use has recently
put up its prices and most seem to be over £10.00 per deal

If you have a look on the CH4 share pages there is a broker that gives free
dealing for the first 3 or 4 months. Can`t remember the name though (I`m
pretty sure it`s somewhere between pg 510 and 514 though)

mick

Which one is that? The one that my investment club use has recently
put up its prices and most seem to be over £10.00 per deal

If you have a look on the CH4 share pages there is a broker that gives free
dealing for the first 3 or 4 months. Can`t remember the name though (I`m
pretty sure it`s somewhere between pg 510 and 514 though)

Problem is that most brokers hold the stocks in a nominee account so
changing brokers for the sake of free dealing for 3 months probably
isn't worth it.

Mike Caine wrote:
Which one is that? The one that my investment club use has recently
put up its prices and most seem to be over £10.00 per deal

If you have a look on the CH4 share pages there is a broker that gives
free dealing for the first 3 or 4 months. Can`t remember the name though
(I`m pretty sure it`s somewhere between pg 510 and 514 though)

Problem is that most brokers hold the stocks in a nominee account so
changing brokers for the sake of free dealing for 3 months probably
isn't worth it.

True. Certificated dealing does tend to be more expensive though - and more
of a faff on.

mick

In article
lgate.org, NO LOGO
wrote:

Speaking as a BSKYB shareholder, I would not be so sure that an increase
in fees mirrors an increase in profits or sales. Sooner or sooner, BSKYB
will find the demand curve swings against them.

http://myphlip1.pearsoncmg.com/tutor...al2/ste01.html

Murdoch is a genius. No businessman on earth has such vision or such
cojones. He risked everything and now deserves to be printing money. We
will all continue to reward him, gratefully.

Stan

Mike Caine wrote:

No stamp duty on the purchase of one share

I've not heard of that one before. Do you have any online references?

No, but IIRC there is a minimum below which the duty isn't levied.


and one online dealer is
doing £5.50 trades at the moment.

Which one is that? The one that my investment club use has recently
put up its prices and most seem to be over £10.00 per deal

Stocktrade. It's a special offer.

--
Digibox problem? : A reboot solves 90% of these.
The Sky Digital FAQ: http://tinyurl.com/tez5
How to get UK TV overseas: http://tinyurl.com/6p73
Fed up with logos / red buttons? : http://logofreetv.org/
BBC gone? : http://www.astra2d.co.uk/
----
Only the truth as I see it.
No monies return'd. ;-)

Jomtien wrote:
Mike Caine wrote:

No stamp duty on the purchase of one share

I've not heard of that one before. Do you have any online references?

No, but IIRC there is a minimum below which the duty isn't levied.

I`m not so certain that`s right. It is (or used to be the case) that you
didn`t pay if the company was registered in Ireland (the old GEO for ex.)

mick

"Charles Ellson" wrote in message
...
On Tuesday, in article
"red6000" wrote:

They`ve more than doubled in the last 6 months or so haven`t they? Not
much
help if you bought them in the boom though. You didn`t did you?;-)

mick

All existing marconi shares were scrapped. The current shares are new
shares which are completly different to the old ones. The old ones are
worthless.

Wrong. Marconi didn't go bust in the "nothing left over for the
shareholders" sense. The previous shares were consolidated and replaced by
the current shares and simultaneously cancelled, so there are are no
"old" shares now in existence to be worthless. Some people might have
managed to avoid the change of paperwork (the favourite reason being a
failure to inform the registrar of a change of address) but unless they
held only a small number of shares, they will still be shareholders, only
without a current share certificate (or electronic equivalent) and still
waiting for the cheque for any residual holding (if there was one).

Strictly true, what I think happened is that the shares crashed from being
worth several pounds to just a few pence. Then a capital reconstruction
meant that the existing shareholders shares were diluted to IIRC just 0.5%
of the equity, and still only worth buttons even without the huge pile of
debt hanging over the company. For just about anyone other than the hiers
of Sir Arnold Weinstock their shares are now worth substantially less than
the minumum brokerage fee to sell them and in some cases won't even cover
the stamp duty or even the postage.

--
_______
+---------------------------------------------------+ |\\ //|
| Charles Ellson: | | \\ // |

In uk.media.tv.sky on Thu, 20 Nov 2003 at 02:25:17, Stan The Man wrote :

Speaking as a BSKYB shareholder, I would not be so sure that an increase
in fees mirrors an increase in profits or sales. Sooner or sooner, BSKYB
will find the demand curve swings against them.

Murdoch is a genius. No businessman on earth has such vision or such
cojones. He risked everything and now deserves to be printing money. We
will all continue to reward him, gratefully.

You are Rupert Murdoch AICMFP...
--
Paul 'US Sitcom Fan' Hyett