Did anyone tell Sid??
14 November 2011, 08:47 AM
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Did anyone tell Sid??
Glad I did 
British Gas shares have increased 12 times in value in the 25 years since privatisation
It was 25-years ago that Margaret Thatcher's government privatised British Gas urging investors to snap up shares with the advertising slogan 'if you see Sid tell him'.
Around 1.5million 'Sids' took up her offer at a original price of 135p per share with a minimum purchase of 100 shares.
And as it turns out, they made a rather good investment.
Read more: http://www.thisismoney.co.uk/money/m...#ixzz1dfSLSvf6
Although many sold up for a quick profit in the first week, those who invested £135 in 1986 would now be looking at shares worth £1,721, a welcome profit for anybody struggling to pay their fuel bills this winter.
British Gas shares have increased 12 times in value in the 25 years since privatisation
It was 25-years ago that Margaret Thatcher's government privatised British Gas urging investors to snap up shares with the advertising slogan 'if you see Sid tell him'.
Around 1.5million 'Sids' took up her offer at a original price of 135p per share with a minimum purchase of 100 shares.
And as it turns out, they made a rather good investment.
Read more: http://www.thisismoney.co.uk/money/m...#ixzz1dfSLSvf6
Although many sold up for a quick profit in the first week, those who invested £135 in 1986 would now be looking at shares worth £1,721, a welcome profit for anybody struggling to pay their fuel bills this winter.
14 November 2011, 08:57 PM
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Glad I did
British Gas shares have increased 12 times in value in the 25 years since privatisation
It was 25-years ago that Margaret Thatcher's government privatised British Gas urging investors to snap up shares with the advertising slogan 'if you see Sid tell him'.
Around 1.5million 'Sids' took up her offer at a original price of 135p per share with a minimum purchase of 100 shares.
And as it turns out, they made a rather good investment.
Read more: http://www.thisismoney.co.uk/money/m...#ixzz1dfSLSvf6
Although many sold up for a quick profit in the first week, those who invested £135 in 1986 would now be looking at shares worth £1,721, a welcome profit for anybody struggling to pay their fuel bills this winter.
British Gas shares have increased 12 times in value in the 25 years since privatisation
It was 25-years ago that Margaret Thatcher's government privatised British Gas urging investors to snap up shares with the advertising slogan 'if you see Sid tell him'.
Around 1.5million 'Sids' took up her offer at a original price of 135p per share with a minimum purchase of 100 shares.
And as it turns out, they made a rather good investment.
Read more: http://www.thisismoney.co.uk/money/m...#ixzz1dfSLSvf6
Although many sold up for a quick profit in the first week, those who invested £135 in 1986 would now be looking at shares worth £1,721, a welcome profit for anybody struggling to pay their fuel bills this winter.
Asif
14 November 2011, 09:26 PM
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15 November 2011, 11:45 AM
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The 12 times is not really a true refelction of the investment though as British Gas was split into 3, inc Centrica,BG and National Grid. If the divi re-investment of all 3 was included it would make the % profit far higher than 1200%
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