James
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Registered: 1st Jun 02
Location: Surrey
User status: Offline
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Thinking of purchashing some of my company's shares on the employee purchase scheme. I get 5% off the market value and pay no transaction fees or commission.
I'm thinking of investing around £1500. The share price is currently at an all time low and we currently in the middle of an aquisition. I'm hoping after the acquisition and once the markets have calmed down a bit that the price will rise to about 3 times the current value.
Anyone think this is a good/bad idea?
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Aaron
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Registered: 9th Aug 04
Location: Cottingham, East Riding
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All sounds quite good to me, sounds like over time you'll make money*
But I’ve always been told that only invest money that you can afford to loose.
*I’ve never actually dealt in shares in my life.
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James
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Registered: 1st Jun 02
Location: Surrey
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Well I can afford to lose it........it just means getting on the property ladder will take a bit longer 
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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Banks are still in for a hard time for a bit yet - not so sure if its the right time to be jumping on that boat.
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James
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Registered: 1st Jun 02
Location: Surrey
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Yeh but we aren't gunna go under as we just been bought. Well, it's highly unlikely.
I appreciate the share prices could drop a bit more but as they have dropped from $60 to $7 a share in the last year I can't see them dropping much more.
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
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Its not just them dropping though, they could take years to get back to any sort of decent level to give you a return that you could of got with that money sat in a high interest account or other investment.
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AndyKent
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Registered: 3rd Sep 05
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If I were you, I'd dump a third of that in - large enough amount to make profits worthwhil, small enough to (hopefully) not put a big dent in your bank balance - would be an easy grand profit if it works and the price lifts soon, otherwise you can afford just leave it for a year or more.
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Colin
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Registered: 4th Apr 02
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Could take a while to make any sort of decent return. If the cash it sitting not needed though why not!!
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Dan
Premium Member
Registered: 22nd Apr 02
Location: Gorleston on Sea, Norfolk
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Cant u just buy at 5% less, then sell for normal rate 
£75 profit in 20 seconds
Adult GiftsClick here to vist us
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Cosmo
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Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
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quote:
Originally posted by Dan
Cant u just buy at 5% less, then sell for normal rate
£75 profit in 20 seconds
I was thinking this
Would be worth getting a job with them, investing a few million and then selling to make 5% more!
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Marc
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Registered: 11th Aug 02
Location: York
User status: Offline
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My works shares (NU) are down to £3 I think, were £8 when I started year and a half ago!
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Ojc
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Registered: 14th Nov 00
Location: Reading: Drives : Clio 197
User status: Offline
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Sold mine just at the right time TBH
Had shares in Banco Santander, got given 200 5 years ago or so for £4 quid each, sold year ago for a £10 a time, nice earner in a short space of time.
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