Simon Pieman
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« on: Thursday, June 2, 2005, 15:51:54 » |
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Anybody know the difference? Really odd question I know but I'm stuck on some revision crap and can't find the answer!
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Simon Pieman
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« Reply #1 on: Thursday, June 2, 2005, 15:53:19 » |
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Is it just that they are entitled to an additional dividend over and above the fixed percentage?
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Kinky Tom
Snow Master Sandwich King.
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« Reply #2 on: Thursday, June 2, 2005, 15:53:23 » |
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Sorry mate, despite working at the Institute of Chartered Accountants I have no idea, I'm sure no-one elso in my department has the faintest either.
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Simon Pieman
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« Reply #3 on: Thursday, June 2, 2005, 15:54:33 » |
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Fucking law units :-))(
I'm sure that's the right answer, seems logical anyway
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BrightonRed
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« Reply #4 on: Thursday, June 2, 2005, 15:56:03 » |
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Participating preference shares
Definition (UK specific) Preference shares which, in addition to paying a specified dividend, entitle preference shareholders to participate in receiving an additional dividend if ordinary shareholders are paid a dividend above a stated amount.
Not sure if that'll help..
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nicotine, valium, vicodin, marijuana, ecstasy and alcohol...
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Simon Pieman
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« Reply #5 on: Thursday, June 2, 2005, 15:57:40 » |
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Grand - cheers BR, that confirms my thinking.
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Piemonte
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« Reply #6 on: Thursday, June 2, 2005, 15:57:57 » |
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Is it just that they are entitled to an additional dividend over and above the fixed percentage? I think thats right. I think they can have greater voting rights too?
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janaage
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« Reply #7 on: Thursday, June 2, 2005, 15:58:46 » |
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Preference shares are paid in preference of other share holders, important if business goes belly up. According to Zurich's technical investment unit. I will get info on the other one in a sec.
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Simon Pieman
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« Reply #8 on: Thursday, June 2, 2005, 16:03:42 » |
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Cheers guys! My mind is so jumbled at the moment. I've had to learn all about investment stategies in security markets as well.
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janaage
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« Reply #9 on: Thursday, June 2, 2005, 16:05:13 » |
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Preference participation shares carry voting rights. Try looking at www.herts.ac.uk/business/finman/ek404.htmThe woman at work tried explaining it to me but it didn't make too much sense to me.
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