Verizon Comms Share Discussion Threads

[pvb] 25/3/2019 00:24

And the new VZ BB is now here:



NYSE:VZ

[wad collector] 04/4/2016 08:19

Yes it is now obsolete. The share price link is

Red I am selling.


And as pvb knows , the link to the VZ BB is
f

For reasons that the presumably late MIATA knew , he set up both BBs.

[pvb] 01/4/2016 13:28

You realise that Verizon, as VZC, is no longer being quoted on here, as the ticker no longer exists on the LSE?

[pvb] 01/4/2016 13:19

As there is no such entity as 'VZC' anymore might it be more appropriate to transfer operations to VZ? Despite 'VZC' still being apparently quoted on the charts above.

As MIATA appears to no longer be around, perhaps somebody should start again from scratch on a thread for Verizon.

[redartbmud] 01/4/2016 13:13

wad

buying or selling?

[wad collector] 01/4/2016 13:10

Tried to trade just now ; forgotten those lazy Yanks don't open until 930 their time. Just like the old days here..

[pvb] 31/3/2016 17:51

VZC has gone, so it's over to VZ from now on.

[wad collector] 31/3/2016 15:22

Strange ; trades appear to have carried on all day but unusually none are buys or sells.

[pvb] 31/3/2016 14:56

The deed is done:

[wad collector] 30/3/2016 15:29

The dollar share price has increased but the forex has fallen so the share price has been much the same for the last week in GBP.
Wish this was a GBP graph.

[wad collector] 09/3/2016 13:09

Sorry duplicate. though did unload some more at £37.09

[wad collector] 09/3/2016 13:01

For the record ,as sadly MIATA has probably departed this planet, divi has been $2.24 in last 12 months. Thus yield currently 4.3%. Except that withholding tax shaves it to 3.65% and forex takes it a little lower.
Just below the ftse 100 average yield of 4.2% though with the benefits/drawbacks of currency volatility.
£37 is tempting me out .

[wad collector] 07/3/2016 17:44

I am being offered trades on NYSE from Selftrade who continue to quote in GBP , so cannot see this is an issue as they are clearly not trading on LSE after hours.
More to the point the share price is now £36.80 so thinking about unloading some more , despite the USD rate falling.
Confusingly selftrade list the portfolio share price value in USD but convert to GBP .

[pvb] 03/3/2016 13:29

My broker, TD Waterhouse, said it would make little difference except when I am dealing I would need to go to international dealing desk.

Of course this would be the case if one were simply asking: "How can I trade in Verizon Cmmunications (VZ) - a US company." The question we need the answer to is what happens when our LSE VZC listed securitie are delisted.

[wad collector] 03/3/2016 12:22

Just tried for a quote with indicative price £36.55 and got the exchange closed message. Despite trades still happening on lse.

[ig01] 03/3/2016 11:59

Thanks.
Will look to sell mine today but i'll be lucky if I get better than 1.43.
Still a good profit though.

[wad collector] 03/3/2016 11:34

I don't know their margin , they quote a price in sterling. (Selftrade)
About to unload the rest of mine I think.

[ig01] 02/3/2016 21:06

Wad
Does your broker not charge a FX percentage?

"Just let half mine go for £36.60 or $51.12 = 1.3967."

TDW charge me 1.5% which means £36.06.
Could have got $51.7530 today but after their commission etc. it still only comes out at £36.18.

[666james] 01/3/2016 12:37

My broker, TD Waterhouse, said it would make little difference except when I am dealing I would need to go to international dealing desk. Mind you I did not feel very confident about her manner...at one point she suggested I read up about the problem. I will hold on and see what happens.

[pvb] 01/3/2016 11:18

My broker has said they will send information on when they get it themselves.

[666james] 27/2/2016 17:12

thanks for responding pvb. I will ring my broker on Monday morning to see if they can throw any light on the problem.
I would really like to keep these if possible as the divi is steady and just recently the share price has been increasing nicely.
I will try google and see if there is any similar situations.
Thanks again

[pvb] 27/2/2016 09:35

666james, I have not so far been able to find out from the www what happens in a situation such as this. Easy to find out about delisting itself but I don't know if this applies with dual listing. Will we have to sell? Will they be converted to US securities? Will we get cash?

I will have to ask the broker.

[bili1946] 26/2/2016 18:11

Thanks wad....I am sure most know this but VZ on American exchange and VZC on UK,I got caught with this!

[666james] 26/2/2016 17:53

pvb I have just left you a message on VOD board asking if you know the consequences of the delisting and you appear to be asking the same. Does anybody know the "in's and out's" when this sort of thing happens?

[pvb] 26/2/2016 17:14

Probably it was originally to allow any VOD holders who wanted to to sell off their VZC holding cheaply. Though wasn't there some special arrangement to do that initially? Or am I imagining things?