Somero Enterprise Share Discussion Threads

[deanowls] 06/8/2017 16:04

I believe it was due to the previous shareholders that listed it, lots of commentary on Paul Scott's interviews over on stocko###ia

[adamb1978] 05/8/2017 21:29

Dan

Have a quick check of the listing requirements for NYSE and Nasdaq - they're pretty bloody stringent. They'd need to trade on the Pink Sheets in the US which, whilst I'm not an expert in US OTC trading, makes AIM look like a highly reliable, rigorously regulated exchange!

Adam

[dan_the_epic] 05/8/2017 16:17

Have the board here given a reason why they are listed on AIM rather than the US markets? Always a slight concern, so is there an underlying reason for this?

[rivaldo] 03/8/2017 09:48

As well as transferring the stock to another provider, Barclays holders can also opt to hold the stock in certificated form (how quaint!). Then eventually they can sell the stock whenever through someone like the Share Centre, who apparently deal in certificated stock.

[greenhorn54] 02/8/2017 18:01

Often have to buy on the phone with Fool, but it's painless enough.

[joeall] 02/8/2017 14:41

I done a test run with barc, i was told i could not buy this stock at the
present time but i may be able to buy on the phone.

[ali47fish] 02/8/2017 14:33

can someone clarify the story about barclays please!

[kristini2] 02/8/2017 14:22

peeps selling once they have secured the divi-

[shanklin] 02/8/2017 13:48

So, what is the Barclays deadline for selling out of SOM, etc and which other stocks are affected please?

I will retain the SOM I already hold but I guess this may give rise to some bargains.

Thank you, Martin

[martinthebrave] 02/8/2017 12:06

My understanding is that customers have been given a week to either sell or transfer the stock. Little doubt that this will affect the share price in the short term.

[joeall] 02/8/2017 11:49

If barc are forcing clients to sell som would that go some way towards the
sp. fall?

[mrchriss] 02/8/2017 08:47

Bye bye Barclays then!

[rivaldo] 02/8/2017 08:36

Good to see SOM appearing at the top of this list of highest quality companies on AIM (as well as SCH) - SOM has a Quality Rank of 100 out of 100!

[panic investor] 01/8/2017 18:13

Moving to HL then !

[snape] 01/8/2017 18:06

They are changing to 'smart investor' (sic) and the new platform can't hold any stocks like SOM which they seem to regard as foreign. I have complained but been told I sell them, give they to charity or set up an account with someone else and transfer them there!! This is at they same time as increasing annual charges x10!! I find hard to believe what they are doing and what they are calling it!

[shanklin] 01/8/2017 15:21

panic investor

My apologies for not replying earlier but I have only just seen your post 1248.

Yes, HL support both SIPPs and ISAs. I have always found HL to be excellent in terms of the quality of their administration both in relation to mundane day-to-day issues and/or for corporate actions. I am much less convinced that they are top league when it comes to obtaining keen prices, or managing to deal in volume, illiquid stocks. For that I would be looking for a genuine full-service broker; even if one is phone dealing, and paying much larger commissions, the idea of dealing well within the spread is not something I have found HL dealers even understand let alone support.

Hope this helps. Cheers, Martin

[ragehammer] 01/8/2017 14:47

It's due to be paid on 14 Aug. Based on previous experience, SOM send out physical cheques still, so different brokers credit the dividend on different dates, up to two weeks later in some cases.

[kristini2] 01/8/2017 14:27

when is the special divi due guys ?

[panic investor] 28/7/2017 10:40

Shanklin, sorry for off topic, Are HL good, I assume they do both SIPP and ISA ? Thinking of moving as Barclays are hopeless

[shanklin] 28/7/2017 07:51

metis20, Glaws2 and 3800

Thank you for your replies.

My SOM is in a SIPP with HL so I now understand I should get the full dividend.

Best Regards, Martin

[3800] 27/7/2017 15:33

shanklin the sipp isa tax withholding question was answered when the last dividend was paid in April look at posts 1100 onwards. I misunderstood the whole thing at that point.

[glaws2] 27/7/2017 13:26

If you hold in the SIPP you don't pay the witholding tax so expect ~10p.