A Little advice please

[Scottio200]

Hi

Where I work we have an employee stock purchase scheme where a percentage of our wage is taken each month for 6 months and then stock is bought at a 15% discount from either the price at the beginning of the 6 month period or the end whichever is lowest.

Im currently enrolled to have 10% taken each month and this coming month is the last month. What im wondering is if its worth getting the shares with the 15% discount and selling straight away or pulling out of the scheme and getting my money back which is possible to do.

By the end of the program I probably end up with around 4 shares in the company

I understand there is always a risk involved when buying shares and the shares for our company are predicted to get quite high over the next 12 months

So what would you do? Iv managed without the money for the past 5 months so getting it back quick is not an issue.

Cheers
Scottio

[Spennyboy]

I do a similar thing at the moment, 3 year 'share save' scheme.

Can get the money out at any point however holding it for 3 years activates a share purchase at 20% less the price I entered in at.

Currently 30% up with a little over a year to run.

Interesting times.

[Realist]

Same here 3 year 'share save' scheme but I start one every year so I have a payout every 12 months.

Plus I have 100 free shares also due out in Feb next year currently worth £830.00 not bad for a freebie.

[Tim.Lad]

Im in a the first year of a 3 year share save scheme as of today my shares would be worth 45.68% more than i`m buying them for if they drop I just take my cash out in 2 years and ive lost nothing its a no brainer..

[Scottio200]

So what would you guys do?
Currently the share prices are at $320 each which is lower than the starting price of $345 and they seem to be dropping daily in recent weeks, however they are predicted to go as high as $500 in the next year but that is just a prediction

Do I get the shares? Or Pull Out Early?

Scottio

[Tim.Lad]

Have you got share options in Apple ?

[Scottio200]

Yes

[Realist]

So how much was the shares when you first put in?

[Scottio200]

They where $345 and currently at $320

[CzarJunkie]

It's a good way for a company to con it's work force into funding executive remuneration and believing they actually have a stake in the business. Thus cementing loyalty and a desired work ethic. What the 'shareholders' aren't told is that their share means nothing. The value of the shares may increase, or decrease depending on the market. But don't be conned into believing you have any control over that or the business you work for.

[Scottio200]

I totally understand the Czar, basically just wanted to make some easy money