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Original poster

WWYD re these Nat West shares? Help! Should I sell or hold?

26 replies

Blondiebeachbabe · 01/05/2024 12:37

Hi all. Really don't know what to do here, and would appreciate some advice.

I have some shares with Nat West, which I accumulated when I worked there.

Back in the day, the value of the pot was circa £50k. I built these up over a few decades, through an employee share scheme.

I no longer work there. The value of my share pot is now about £8800.

I always thought I'd hold on to these, to see if the value recovered, but looking back at the data for the past 10 years (which is as far back as I can find on-line), it looks like this :

Share price today : £3.05

2014-2016 : share price always greater than £3.05

2016 - 2024 : share price has only gone above £3.05 on four occasions, and only for a few days, before it drops below.

Part of me wants to cut and run, and sell them all.

Another part of me knows, that I will then have accepted the £42k loss.

If I didn't own shares, I would not buy any. I am now understandably, quite risk averse.

What do you think? TIA.

OP posts:
Original poster
Blondiebeachbabe · 07/05/2024 11:32

AuntieJoyce · 03/05/2024 06:05

Difficult one. The government is about to sell a big chunk of shares later this year I think which would make getting in earlier a good idea. But also now interest rates are much higher hence increasing profits and this improves the share price which could continue.

I think on balance if I was able to put the proceeds into an ISA I’d probably sell. But I pay HRT.

I have a similar dilemma in respect of a smaller amount in tobacco shares from a previous share scheme. They pay good dividends so I keep them but over time the capital value is dwindling for obvious reasons. I really should take some action myself.

Could you explain why you think the government selling shares would affect the price? I'm a bit clueless! Thanks

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