ShareSoc

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Viewing 8 posts - 1 through 8 (of 8 total)

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30th December 2021 at 5:38 pm in reply to: what happens if Gangeng get to 75% and delist Bacanora shares? #20703
Cliff Weight
Participant
You can hold unquoted shares in a SIPP, so long as the platform allows it.

The ISA legislation does not allow unquoted shares to be held in an ISA.
14th November 2021 at 12:16 pm in reply to: Interactive Investor Voting Process #20291
Cliff Weight
Participant
Ganfeng decided against a scheme of arrangement so the above process is no longer necessary.

Ganfeng have made a contractual offer.
14th October 2021 at 8:07 pm in reply to: latest news #19913
Cliff Weight
Participant
2nd June 2021 at 9:48 pm in reply to: Hargreaves Lansdown #18498
Cliff Weight
Participant
See also https://www.sharesoc.org/blog/brokers/buying-selling-and-voting-us-shares/
23rd February 2021 at 8:56 am in reply to: Hargreaves Lansdown #17026
Cliff Weight
Participant
Investors Chronicle wrote up the chronic service problems of the platforms see https://www.investorschronicle.co.uk/news/2021/02/22/platform-service-creaks-with-customer-surge/ and included this quote from Cliff Weight of ShareSoc:

Cliff Weight, director of individual investors campaigning group ShareSoc, said “Hargreaves Lansdown’s customers having to wait 34 minutes to talk to someone is awful and should be unacceptable. The Financial Conduct Authority and the Competition and Markets Authority looked at platforms a couple of years ago, but seemed to have allowed high cost, poor service, quasi-monopolistic behaviour to continue. They need to go back and have another look at platforms.”
23rd February 2021 at 8:43 am in reply to: Shareholder Rights #17021
Cliff Weight
Participant
The Telegraph wrote a useful article about AGMs and voting. see https://www.telegraph.co.uk/investing/shares/use-broker-hold-investments-account/

It was headed

How to use your broker to hold your investments to account

But the real story was in the byline – Stockbrokers require investors to jump through lots of hoops to register their vote.

It also explained the problems and quoted ShareSoc:

However, new investors might not know that owning company shares comes with part ownership of a company – and with it the right to vote on issues at their annual general meetings, or AGMs.

Investors can make their voice heard on far-ranging topics, from how much company leadership gets paid, to whether it pays a dividend or donates to a political party.

But fewer than 1pc of people actually take up their votes, according to ShareSoc, a non-profit organisation which represents the interests of shareholders in Britain.

Cliff Weight, of ShareSoc, said this was due to stockbrokers making it challenging for DIY investors to use their vote. Each broker has a different process for submitting votes.

The Telegraph article also included its guide on how to navigate the different broker processes.
28th January 2021 at 2:37 pm in reply to: Interactive Investor #16532
Cliff Weight
Participant
I use ii for an ISA, a SIPP and a trading portfolio. So does my wife.
I recently transferred my pension from Aviva into an ii SIPP and went through quite quickly, but I had to sell the holdings and then buy others. Buying Vanguard (Global tracker fund) through ii was cheap, 12 basis points, much cheaper than Aviva were charging me.

My wife and I find their service reliable and cost effective with a low fixed charge. I think the HL and Aj Bell charging structure (a percentage of portfolio size) is a nonsense for large portfolios. The breakeven is about £50,000.

They are also good at alerting me to corporate actions and AGMs and making voting relatively easy compared to AJ Bell where you have to send them a text and the tortuous processes I have been told about with Hargreaves Lansdown accounts.

I was also originally a TD Waterhouse client.
27th January 2021 at 7:08 pm in reply to: AJ Bell #16504
Cliff Weight
Participant
My understanding of their services is

If the voting with a click of a button also applies to AGMs where there is not a Corporate Action – customers would need to send us a secure message with their votes.

Whether investors are notified or can ask to be notified when an annual report is published. (not just corporate actions.) – I am afraid there is no option to be notified when an annual report is published, even when requested.

They notify investors on the below:

– All EGM’s, no matter what the resolutions are
– All Annual General Meetings where there is a proposed Corporate Action in the resolutions

Above events can be voted on with a a secure message with their votes. If there is a corporate action then you can vote with a single click.

You can still cast your vote on other events by sending them a secure message with your votes.

It is free to vote and they do not levy any charges on your votes.

As for all AJ Bell investors who do not vote across all meetings (announced by us or not),the AJ Bell nominee do not vote at all.
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Viewing 8 posts - 1 through 8 (of 8 total)

Group description:	All levels of experience welcome. A typical meeting agenda includes: – Macro Environment – Trades: Members review existing positions and identify securities with promising TA entry patterns or setups and with suitable risk/reward. Any security, long, short, futures, options may be considered. The convener takes actual positions in trades and maintains his own detailed ledger, accurately measuring performance of individual securities and cumulative activity. Members are notified by e-mail prior to the entries or exits that are decided upon. Following each meeting an updated copy of the ledger is circulated together with the next meeting agenda. Members may wish to maintain similar ledgers of their own but there is no obligation to do so. – Technical Analysis: Techniques and systems used in trades. Members can request discussion of particular aspects of TA.
Meeting Type/Venue:	Online via Zoom
Meeting Frequency/Timing:	The first Tuesday of every month from 7 to 9pm

Group description:	Following the launch of the SIGnet Technical Traders groups, it was identified that there were a number of members who use fundamental and other information as their main source of choosing companies to invest in, who would find some understanding of technical analysis helpful to identify good entry and exit points for their investments. This new SIGnet Technical Analysis in Support of Investing group is therefore being launched and we welcome members of all levels of experience to join.
Meeting Type/Venue:	Online via Zoom
Meeting Frequency/Timing:	There will be an initial Zoom meeting on Monday 29th April at 7pm to launch this group, please email info@sharesoc.org if you are interested in joining.

Group description:	A new in person group coming soon! Keep and eye on our Events page to register for the launch meeting.
Meeting Type/Venue:	In person
Meeting Frequency/Timing:	TBC

Group description:	Open to all investors / people with an interest in investing. Typical meeting will involve members talking about recent purchases, successes, failures and possible future purchases. Also with occasional visiting speakers or members making presentations on a topic of interest.
Meeting Type/Venue:	We aim to meet on the last Tuesday of each month in a private room at a pub in Playhatch. Start time 7pm with members encouraged to meet up around 6pm for a bite to eat / drink before hand, if their diaries allow.
Meeting Frequency/Timing:	7pm on the last Tuesday of the month. Meetings likely to last about two hours but with informal ‘overspill’ before / after.

Group description:	This group was set up as a forum to discuss companies in detail, each company is introduced by a member and discussion may last one or two hours. Membership is by invitation only and is for experienced investors.
Meeting Type/Venue:	The group meets at a venue in Waterloo, London.
Meeting Frequency/Timing:	Meetings are on Tuesday mornings at two month intervals.

Group description:	Group of investors that meets on a bi-monthly basis to discuss all things happening in the world of investing, share each other’s knowledge and give the benefit of each other’s experience. Group primarily focuses on unit trusts, open ended investment companies and investment trusts. However, all investments are up for discussion and new members are always welcome and encouraged.
Meeting Type/Venue:	Remotely via Zoom on Saturdays on a bi-monthly basis, on dates collectively agreed by all group members.
Meeting Frequency/Timing:	Bi-monthly.

Group description:	Our group members have wide ranging investment experience and work backgrounds. Discussion topics include reviewing our recent stock or collective investment buying and selling activity, plus what we are considering buying or selling and the reasons for our decisions. We also have a wider discussion on where we think opportunities might arise in the next few months and what we think needs to be avoided. Members occasionally lead discussions on specific topics such as recent events attended, articles or books of interest and sources of investment ideas and information.
Meeting Type/Venue:	During the pandemic our meetings were held on Zoom, but we have now resumed meeting in person at a location a few miles to the west of Colchester. Most meetings will now be in person, but it is possible that occasional meetings will be held on Zoom in special circumstances.
Meeting Frequency/Timing:	We meet midweek every two months. Zoom meetings run for about two hours from 10.30am and in person meetings from 11am until about 3pm, including a break for lunch.

Group description:	Our group is a broad church that contains investors of varying age and experience. We discuss stocks and investment trusts that we have bought, sold or are interested in and the reasons behind our decisions, and try to make sense of the ever changing investment environment. Our members backgrounds are diverse and include corporate banking, engineering, teaching and the leisure industry. Discussions are robust and challenging but tend to be to be informal, and do not generally involve agendas, presentations or detailed preparation. We are a friendly and approachable group who welcome investors of all levels – we just ask that you contribute, at whatever level you can.
Meeting Type/Venue:	Our meetings are held in a very nice pub near to South Ealing tube station (Piccadilly Line), not far from Ealing Broadway (District, Central and Elizabeth Line). Group numbers permitting (and assuming members are happy to purchase food and drink from the bar), we may also have access to a private room in the pub.
Meeting Frequency/Timing:	We meet every 2 months, usually on a Wednesday morning at 11am.

Group description:	An online group for those who already have some experience in investing. Covering topics such as finding companies to invest in, financial statements and ratios, valuation / margin of safety, analysis of companies and investment trusts and exchange traded funds.
Meeting Type/Venue:	Online using Zoom.
Meeting Frequency/Timing:	Meetings are usually held on the 3rd Thursday of the month at 7:15pm.

Cliff Weight

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