A few questions about shares..

[Serenlas]

I've read some threads about shareholding and just have a couple of questions if I may..

If I bought 20 shares, do they expire or anything?
If you've sold your shares back, is there much difference price wise, ie do they only buy them back for peanuts?
One of the threads I read (admittedly a few years old) said that shareholders get a 10% discount on package hols if booked through DLP. Is this correct, and if so is it on top of the normal discounts and offers?


Thanks in advance!

 

[DLPdaft]

I've read some threads about shareholding and just have a couple of questions if I may..

If I bought 20 shares, do they expire or anything?

no they don't expire, but you do have to renew your shareholders club membership (free) every 2 years.


If you've sold your shares back, is there much difference price wise, ie do they only buy them back for peanuts?

you are trading on the stock market, so its the same as any other shares, the price the shares will be bought back at is the market value of the shares on the day you decide to sell them.


One of the threads I read (admittedly a few years old) said that shareholders get a 10% discount on package hols if booked through DLP. Is this correct, and if so is it on top of the normal discounts and offers?

yes, this is correct, but its not combineable with any of DLPs other discounts on packages, so its only 10% off the full package price.


Thanks in advance!

hope this helps,

 

[Serenlas]

Thanks, that helps a lot! I wouldn't book without a decent discount, way more than 10%, so I guess the package holiday bit isn't worth getting excited about.. but I reckon it's probably going to be worth doing if I plan to visit at least once, which I do And then if you can sell them back for a similar price when you're 'done' then there's nothing to lose really is there? Salon Mickey sounds like it could be a lifesaver for defrosting (we're going in the Xmas season)

 

[zavandor]

Selling them you would loose only the commissions on trade.
For example my bank asks a minimum of 9 euros for each transaction and does not charge anything to keep them. So for me it's better to keep the shares, because if I buy and sell every time I go to DLP, I would loose 18 euros every time. Keeping them I don't get back my 62 euros (80 I payed minus 2x commissions), but I won't pay anything else.

 

[Ware Bears]

I bought my shares a few years ago and they've more than paid for themselves (probably several times over) in the discounts on dining and shopping.

I think they're worth buying if you're planning on visiting more than once. However if it's just for a one-off visit then you'd need to number crunch and work out how much you'd potentially be saving in discount as opposed to how much you'd be spending on commission when you buy and then sell.

 

[grad06]

I bought mine a couple of years ago and been to DLP about 3 times since. I have saved lots with them over that time.

Don't forget you can use it in Disney stores over here. I have saved a small fortune at xmas.

 

[Serenlas]

Yeah, if I did sell them back it'd be when I feel I won't use them any more, eg when my kids are grown up.. although I suspect I'll be back on Disney form when I have grandchildren Not for a good 20 years though I hope!

I definitely plan on visiting once and would be VERY surprised if that's it for us. Thanks for the help!