Aerlingus shares

drdre

Ok guys i would like to invest in aerlingus.Could you please tell me how do i go about opening an account with a stock broker.could anyone please help me out.and also how do the commisions work?
Would anyone have a link to any site that shows how shares are biught and sold on the net,as i would love to read abit more about it 1st.

all comments will be welcome.
thanks in advance

Bluehair

Aer Lingus is not floated publically (yet) so shares are not available to buy and sell.

drdre

Bluehair wrote:

Aer Lingus is not floated publically (yet) so shares are not available to buy and sell.

i know that:rolleyes: .but i just want to be ready so when they do float i will know how to buy them.

BRICKTOP

Its an IPO (initial public offering) which means you can buy direct. You will not need a broker until you are going to sell.

jdc78

I think Davy's has compiled a lot of forecasts for EI and their IPO so they may be a good place to start. Usually you will need to open a portfolio account with a broker who can place a bid on your behalf. Unfortunately, most have a significant mimum contribution.

Nemotoid

Try the following sites:
www.goodbody.ie
www.davy.ie
www.ncb.ie

They have a full listing of available accounts and charges....you can set up an online nominee account by basically filling in some forms and sending a cheque for approx 2k. Internet trades are approx €25 a pop with quarterly fees on top. Davy account definately has an on-line tutorial section.

Alternatively you can go into BOI or AIB branch and they can organise an account with Davy or Goodbody respectively, although youre looking at trading fees of approx 1.65% along with the 1% stamp duty you must pay on all share purchases. Once you place a call to the trader he completes everything for you.

You should be able to complete the above well in advance of the release date which is expected to be on/about June 2006.


You make a decision regarding elan shares?

drdre

Nemotoid wrote:

Try the following sites:
www.goodbody.ie
www.davy.ie
www.ncb.ie

They have a full listing of available accounts and charges....you can set up an online nominee account by basically filling in some forms and sending a cheque for approx 2k. Internet trades are approx €25 a pop with quarterly fees on top. Davy account definately has an on-line tutorial section.

Alternatively you can go into BOI or AIB branch and they can organise an account with Davy or Goodbody respectively, although youre looking at trading fees of approx 1.65% along with the 1% stamp duty you must pay on all share purchases. Once you place a call to the trader he completes everything for you.

You should be able to complete the above well in advance of the release date which is expected to be on/about June 2006.


You make a decision regarding elan shares?

thanks alot for all the replys.
and also i have not decided to get the elan shares as they are not stable.i check it out by buying the shares on bull bearing.:D

Just checked out the davy website.that looks like its got some good information

Nemotoid

That is true alright...althought the risks reward ratio can be worthwhile...bought in myself two years ago at 2.50 and sold at 20...paid for deposit on the house...in again at the moment and awaiting news towards end of June so hopefully all will go right the second time round, as was said previously its a vicious roller-coaster!

May check out bull bearing site

drdre

Nemotoid wrote:

That is true alright...althought the risks reward ratio can be worthwhile...bought in myself two years ago at 2.50 and sold at 20...paid for deposit on the house...in again at the moment and awaiting news towards end of June so hopefully all will go right the second time round, as was said previously its a vicious roller-coaster!

May check out bull bearing site

whats risk rewards ratio?

secret_squirrel

Aer Lingus may not be a great choice as your first share investment.

Make sure you do plenty of research about the state of the irish and global aviation market before jumping in.

If you are serious about investing then you should think about playing virtual shares for a while before.

David19

The risk reward ratio is the ratio of risk against reward! Generally, the higher the risk the higher the possible return. You should really know something like that if you're going to buy shares!

Just curious, why do you want to buy Aer Lingus shares?

drdre

David19 wrote:

The risk reward ratio is the ratio of risk against reward! Generally, the higher the risk the higher the possible return. You should really know something like that if you're going to buy shares!

Just curious, why do you want to buy Aer Lingus shares?

thanks for explaining the isk reward and also i want to purchase the shares as i think they will go up after they will be sold on the stock market

drdre

secret_squirrel wrote:

Aer Lingus may not be a great choice as your first share investment.

Make sure you do plenty of research about the state of the irish and global aviation market before jumping in.

If you are serious about investing then you should think about playing virtual shares for a while before.

thanks for you post, im still reserching on shares.also im using bull bearing as my virtual shares website.so im learning but slowly.as i have never done this before but would love to get involved with trading.as once you get the hang of it then it can be good money as my cousin in uk used to and still does day trading.

ronbyrne2005

i wouldnt touch aer lingus with a barge pole .what makes you think they will go up? theres no guarantees unless government prices them in a low range which is unlikely. the unions have too much power there and this stops aer lingus from being as profitable as ryanair or british airways,if you think airlines are a good investment then buy the better run ones like british airways and ryanair etc.

drdre

ronbyrne2005 wrote:

i wouldnt touch aer lingus with a barge pole .what makes you think they will go up? theres no guarantees unless government prices them in a low range which is unlikely. the unions have too much power there and this stops aer lingus from being as profitable as ryanair or british airways,if you think airlines are a good investment then buy the better run ones like british airways and ryanair etc.

:rolleyes: interesting.never thought of that.im still researching im not going to just go out any buy shares straight away.

Mezcita

ronbyrne2005 wrote:

i wouldnt touch aer lingus with a barge pole .what makes you think they will go up? theres no guarantees unless government prices them in a low range which is unlikely. the unions have too much power there and this stops aer lingus from being as profitable as ryanair or british airways,if you think airlines are a good investment then buy the better run ones like british airways and ryanair etc.

Ditto. To the OP, check out www.fool.com Excellent website which explains the basics in trading.

SouperComputer

If they sort out the workforce, it could be a good company. I think the shares will go down from the IPO, then up from there

Macers

secret_squirrel wrote:

If you are serious about investing then you should think about playing virtual shares for a while before.

I'm also interested in buying shares in EI. I have worked for them for a while etc.

Could you please provide a link for virtual shares if ya can cheers!

drdre

Macers wrote:

I'm also interested in buying shares in EI. I have worked for them for a while etc.

Could you please provide a link for virtual shares if ya can cheers!

check out www.bullbearings.co.uk for the virtual shares

Macers

drdre wrote:

check out www.bullbearings.co.uk for the virtual shares

Many thanks...

drdre

Macers wrote:

Many thanks...

no problem it is really good fun.just buying and selling and trying to work out whats happening.

jdc78

Personally, I think EI would be a good choice for a small to modest investment - keep an eye on Emirates airlines as I wouldn't be surprised if they try and buy a majority. If they do, I think those invested, could see some nice returns.

drdre

jdc78 wrote:

Personally, I think EI would be a good choice for a small to modest investment - keep an eye on Emirates airlines as I wouldn't be surprised if they try and buy a majority. If they do, I think those invested, could see some nice returns.

thats what i was thinking.just invest and wait for it to increase abit then sell it.i donot want to be greedy or anything as it would be my 1st time buying shares.but i still think research is needed 1st as it could even go the opposite way and i might loose.

jdc78

DRDRE,
Investing 10000-2000K will not really see much of a return for a good number of years. If this is your first time investing, you should look at some penny stocks, throw a couple hundred euro into one and hope for the best. I do think for someone starting out, there are a lot better options out there to make some money and learn from than EI.

I know that comes across as a bit of a contradiction to what I said previously but when I was saying EI being a good bet, you have to realise this is a number of years in duration not necessarily for someone wanting to get into day trading execting some earnings in a week or so which is the norm with day traders.:p

drdre

jdc78 wrote:

DRDRE,
Investing 10000-2000K will not really see much of a return for a good number of years. If this is your first time investing, you should look at some penny stocks, throw a couple hundred euro into one and hope for the best. I do think for someone starting out, there are a lot better options out there to make some money and learn from than EI.

I know that comes across as a bit of a contradiction to what I said previously but when I was saying EI being a good bet, you have to realise this is a number of years in duration not necessarily for someone wanting to get into day trading execting some earnings in a week or so which is the norm with day traders.:p

yes you are right there are other options but where can i find out more.thats my problem i want to invest but donot know much.:D

jdc78

I used to do some day trading a good few years ago - never had much luck though but I used etrade.com

http://uk.etrade.com

There are a number of articles and FAQs which could help give you a start.

drdre

jdc78 wrote:

I used to do some day trading a good few years ago - never had much luck though but I used etrade.com

http://uk.etrade.com

There are a number of articles and FAQs which could help give you a start.

thanks for your help.i will check it out.same as my cousin he did day trading and made good money but lost alot of it by the time he gave the trading up.:(

SouperComputer

How does one find out what the IPO is going to be and how many shares they are selling?

Wait for the day?

drdre

SouperComputer wrote:

How does one find out what the IPO is going to be and how many shares they are selling?

Wait for the day?

Donot know, we will both wait for an answer from someone with some knowledge on these shares:D

DublinWriter

Macers wrote:

I'm also interested in buying shares in EI. I have worked for them for a while etc.

I'm sure that in the eventual 'sweetheart' deal that will be worked out with the unions, the workers will be given shares and additional share options.

While I'm all in favour of privising AL, I wouldn't touch any shares for the first 2-3 years, not until the initial required investment in the Trans-Atlantic fleet has been sorted.

...plus there's also the long-term problem with oil shortages.

Maybe everyone here is too young to remember what happened with the Eircom shares?

SouperComputer

I remeber eircom alright. I think AL is a more successfull company though. Im just curious to see what the IPO will be, although I fear it might be too high.

Depending on how things pan out, ill probably buy a small amount of shares, but I wont be putting my eggs in one basket, that's for sure.