Wikiposts
Search
ATC Issues A place where pilots may enter the 'lions den' that is Air Traffic Control in complete safety and find out the answers to all those obscure topics which you always wanted to know the answer to but were afraid to ask.

Rumour or truth?

Thread Tools
 
Search this Thread
 
Old 10th Oct 2008, 19:04
  #1 (permalink)  
Thread Starter
 
Join Date: Jul 2001
Location: ISZ - not the end of the world, but you can see it from here.
Posts: 341
Likes: 0
Received 0 Likes on 0 Posts
Rumour or truth? NATS SHARES.

We're coming up to the magic date where those who want to can sell their second tranche of shares, and I've heard a worrying rumour.

Allegedly the shares are going to be linked to the performance of the general stock market as of Thursday/ Is this true, or are we expecting a revaluation soon? From the share price guide, they're worth £2.70 each until December.

Last edited by Cuddles; 10th Oct 2008 at 19:37.
Cuddles is offline  
Old 10th Oct 2008, 19:39
  #2 (permalink)  
 
Join Date: Apr 2003
Location: london
Posts: 11
Likes: 0
Received 0 Likes on 0 Posts
£2.70 guaranteed till December, no doubt about it.
jobsfortheboys is offline  
Old 10th Oct 2008, 20:37
  #3 (permalink)  
 
Join Date: May 2007
Location: swanwick carp lake
Posts: 232
Likes: 0
Received 0 Likes on 0 Posts
I'm selling mine, emailed hr, and because they are so busy commenting on photo of the day they have been unable to reply to my query.
But as far as i understand it will be £2.70 per share.
ImnotanERIC is offline  
Old 11th Oct 2008, 12:44
  #4 (permalink)  
 
Join Date: Feb 2006
Location: Hants
Posts: 2,295
Likes: 0
Received 0 Likes on 0 Posts
Selling mine - because if enough are sold, they will re-issue them!!

I believe that at the moment it is a 6 monthly valuation, therefore £2.70 is the price.

If lots of people sell, then I think the value can be reduced before the 6 month valuation date.

Type in 'shares' on the search engine on NatsNet and you will get all the info
anotherthing is offline  
Old 11th Oct 2008, 14:57
  #5 (permalink)  
 
Join Date: Dec 2004
Location: uk
Posts: 80
Likes: 0
Received 0 Likes on 0 Posts
Wouldn't surprise me if they do a revaluation before you can sell. This lot are acting like the owners of a Morrocan bazaar in the way they operate.
Bring on Serco!
expediteoff is offline  
Old 11th Oct 2008, 21:52
  #6 (permalink)  
 
Join Date: Oct 2004
Location: South of UK
Posts: 273
Likes: 0
Received 0 Likes on 0 Posts
if 1000 employees cashed in tranche 1 and 2 shares, that's over 3 million pounds cash to find at pay day after the share sales forms go in.....that could be interesting - "Sorry, can't pay some of you this month till next week, had to pay shares off".
Radarspod is offline  
Old 12th Oct 2008, 09:26
  #7 (permalink)  
 
Join Date: Jun 2000
Location: LONDON England
Age: 52
Posts: 269
Likes: 0
Received 0 Likes on 0 Posts
Once you have sold them back to the trustees can you buy back at a later date when their value has decreased? I thought once you sold them back, that was it...no more for you!
autothrottle is offline  
Old 12th Oct 2008, 10:46
  #8 (permalink)  
 
Join Date: Aug 2007
Location: Oz
Age: 72
Posts: 21
Likes: 0
Received 0 Likes on 0 Posts
No once sold they can only be reissued by the company on an equal basis.
marble bar is offline  
Old 13th Oct 2008, 06:49
  #9 (permalink)  
Thread Starter
 
Join Date: Jul 2001
Location: ISZ - not the end of the world, but you can see it from here.
Posts: 341
Likes: 0
Received 0 Likes on 0 Posts
So if we all sell them, we'll likely get most of them back again?
Cuddles is offline  
Old 13th Oct 2008, 07:08
  #10 (permalink)  
 
Join Date: Nov 2001
Location: uk
Posts: 1,122
Likes: 0
Received 0 Likes on 0 Posts
I think you'd be better cashing them,and spending it or put it in a cash isa.After December is the value going to stay at £2.70? Remember,sell high,buy low.
throw a dyce is offline  
Old 13th Oct 2008, 10:21
  #11 (permalink)  
 
Join Date: Dec 2003
Location: Home
Posts: 234
Likes: 0
Received 0 Likes on 0 Posts
NATS shares are not floated, cannot be bought or sold on any financial market. Why on Earth would they be linked to the stock market?

The share valuations are done twice a year and are based on a number of measurements of the company performance e.g. profit levels, credit rating, debt, safety performance, meeting of LTIP targets.

The increases in share value in recent years have mostly been on the back of increasing profits and improvements in credit rating. The last increase (whilst profits fell) was due to the repayment of large chunks of debt.

My guess is that falling traffic levels, falling profit etc will lead to their being, at best, no improvement. I wouldn't be surprised to see the price fall slightly.

I'll be selling mine and buying HBOS shares
Me Me Me Me is offline  
Old 13th Oct 2008, 12:46
  #12 (permalink)  
 
Join Date: Aug 2008
Location: Lymington
Age: 59
Posts: 70
Likes: 0
Received 0 Likes on 0 Posts
don't forget the liability of the pension scheme. which will be officially in deficit at the next valuation, due by the end of the year.
Caesartheboogeyman is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off



Contact Us - Archive - Advertising - Cookie Policy - Privacy Statement - Terms of Service

Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.