Still nought from Hargreaves FFS! |
I know what you mean. |
Yes, obviously the Woodford debacle put a real - and deserved - dent in their reputation, but you would think they'd be doing everything they could to redress things. The implied superior trust in HL is the reason for their slightly higher charges after all.
Anyway, I have ii and HL accounts and really hate changing! :-) |
Mmm I like the HL website interface, but their service seems to have gone off the boil and the cost of running a HL account seems higher than a lot of others eg A J Bell, ii, Jarvis IM ..
Also there was the controversy of advising clients to buy Woodford funds whilst their own funds dumped Woodford. |
Thanks Red Ninja; was going to call them on Monday, but won't bother now. I thought HL usually enjoyed a good reputation with this sort of thing. |
Boystown, Not really HL have been quite slow on paying dividends, but seem to have recently improved.
I messaged them about Zegona yesterday and they said :-
"I can confirm that we received the cash proceeds for the Zegona Communications plc tender offer on 14 October 2021.
The relevant team are currently reconciling these payments before they can be applied to shareholders account. We aim to have this applied to your account shortly."
So may go in Monday, or a week on Monday as their service compared with other brokers is not particularly good. |
Thanks for the reply Eezy. |
STILL nothing from HL! Seems odd? |
Long TI1 short FERG if that´s your sort of thing flyfisher. It´s quite a gulf, but TI1 might do something daft... I rather hope they sell their FERG and launch another buyback but that would be far too sensible... |
Well done all.
Any similar arbitrage opportunities? |
My Interactive Investor account has paid me the cash, leaving 9 shares! :- / (I had just short of 10k shares in that account). Nothing yet from HL, so I suppose it will be after the close |
I have received the funds and was left with 635 shares and sold them. No point in hanging on to so few |
Cash not received at Hargreaves Landsdown. |
Cash received. |
Supposed to be by tomorrow |
Any idea when accounts will be credited? I wouldn't mind getting a few DEC after the negative ESG report etc. |
99.915% redemption with ii. |
"There were 371,297 unused Basic Tender Offer Entitlement Shares which were allocated on a pro rata basis to shareholders who tendered additional Shares. Those shareholders will have their tender satisfied in respect of their Basic Tender Offer Entitlement plus approximately 9.17% of the additional Shares they tendered[2]. In aggregate, Zegona will repurchase 214,532,103 Shares, which equates to a total capital return to shareholders of £329.3 million[3]." |
So 98% bought back. Will that leave us with any I wonder? |
Pay out Friday, that's my birthday. Most expensive present I've ever had! |
Will hear tomorrow what we get in the tender. I've put up all of my shares...here's hoping. |
Depends on whether you want exposure to the continuing biz Boystown. Shell with 6m cash (IIRC) and looking to rinse and repeat Euskaltel type thing.
I´ve tendered all but each to his own... |
So what's the consensus view from the experts? Tender all one's shares? |
Received the instructions for tendering from YouInvest and tender 0 shares is the default option so a little bit of attention needed |