Euro Disney S.C.A. (EDL) Shares

[ed-uk]

I first bought shares in 1989 when they were a new issue. The company has only paid out dividends once and that was for the year before the resort opened. "For investors who believe in dividends and fairies", to quote a financial adviser writing in a paper years ago. I've always remembered that quote. I hung onto my shares though, in the hope that Euro Disney will become a financial success in the future  (I know it will) and to own a piece of the magic.

[eric7c]

Deff, Captain Rocket and Ed-Uk thank you for your replies and advice. I agree that it isn't the greatest of investments but my pay back was to be the benefits of the shareholders club & "owning a piece of the magic". However with stockbrokers fees etc. those savings were being negated. I have Binck and  I get so far and the language changes from English to Dutch etc. Are they other online service names that you could provide me with please?

[disneyismylifeok]

Sorry to be dumb but I don't get all this shareholders business. Do you become a shareholder in the company? It sounds so official!
Please explain it to me google isn't helping

[DLRP Roundup!]

Deff, Captain Rocket and Ed-Uk thank you for your replies and advice. I agree that it isn't the greatest of investments but my pay back was to be the benefits of the shareholders club & "owning a piece of the magic". However with stockbrokers fees etc. those savings were being negated. I have Binck and  I get so far and the language changes from English to Dutch etc. Are they other online service names that you could provide me with please?

I use Bank of Scotland / Halifax, they seem to be available in Ireland also, maybe an option? If you use the basic share dealing account, it costs £12.50 per share transaction. So if you buy them all at once, it's only £12.50 on top of the total share price. There is no annual fee for this service.

Sorry to be dumb but I don't get all this shareholders business. Do you become a shareholder in the company? It sounds so official!
Please explain it to me google isn't helping

Euro Disney SCA who own Disneyland Paris, offer shares to anyone who wants to buy them. They currently cost around £4.5 a share, those who have more than 100 shares can join an official club (it used to be a lot lower) - the club gives you a resort wide discount on merchandise, table service food and a pretend discount on stays (packages are almost always cheaper!), there is also a little clubhouse on site thats open in the morning to walk through. If your buying a lot of merchandise or eating on site at table service/buffets you can recoup your money from the discounts.

[ed-uk]

Membership for the Shareholders Club is for two years if you're considering buying 100 shares to join.You will get a club card when you join and now for the first time we have to have our photo on the card (my partner just renewed) which I think is a good idea. I saw a club card for sale on ebay once, talk about taking the mickey. Of course, depending on the situation in the future you could lose money on the shares. If your soul reason for buying the shares is to benefit from the discounts offered by the Shareholders Club, Euro Disney could raise the requirement of shares needed to join the club in the future, however this won't effect your membership which will remain valid for two years. But if you're a big fan and want to own part of the magic and buy some shares, you will be entitled to some discounts in shops, restaurants and hotels in the resort and gain entry into Saloon Mickey which is a small lounge at the entrance of the park.

[A&S&O]

I use Bank of Scotland / Halifax, they seem to be available in Ireland also, maybe an option? If you use the basic share dealing account, it costs £12.50 per share transaction. So if you buy them all at once, it's only £12.50 on top of the total share price. There is no annual fee for this service.

Its worth noting that Halifax have a day of reduced fees around once a month. European transactions are reduced to £3.50 (I think). Not much of a saving, but at least its something.

[waddle_thepenguin]

Does anyone have an Idiots Guide to Buying Shares?

I can't afford to buy 100 shares in DLP in one go, but it's something I'd like to work up to, mostly I'll admit for the benefit of being in the club and feeling like you own a piece of the magic. However I have no idea of what to do or how to do it.

[Alexz]

Does anyone have an Idiots Guide to Buying Shares?

I can't afford to buy 100 shares in DLP in one go, but it's something I'd like to work up to, mostly I'll admit for the benefit of being in the club and feeling like you own a piece of the magic. However I have no idea of what to do or how to do it.

I wonder about this too. I haven't found a site simple enough for me to understand how to buy shares. And that works here in Sweden.

[ed-uk]

Have you tried asking in your bank, maybe they've got a share service and can give you some advice?

[waddle_thepenguin]

I've just had a look and apparently they do - I'll have to give them a call.

Thanks

[A&S&O]

Does anyone have an Idiots Guide to Buying Shares?

I can't afford to buy 100 shares in DLP in one go, but it's something I'd like to work up to, mostly I'll admit for the benefit of being in the club and feeling like you own a piece of the magic. However I have no idea of what to do or how to do it.

For people that don't live in France, you will need to find a bank / broker that deals in foreign shares - Disneyland Paris is listed on the Paris stock exchange.

In the UK, the easiest way to buy them seems to be by opening a Halifax share dealing account and buying through that. Each trade costs around £12 + the cost of the shares, so if your buying in dribs and drabs it could work out expensive. If you can put the money away and buy in one go, that would be best.
Each month the Halifax have a special day when all trades are around £4.

We have no affiliation to the Halifax, we just found them to be the easiest and cheapest way to buy in the UK.
If anyone knows a better way, please let everyone know.

[MissDisneyisMagical]

Hello,

haven't been on here in ages! was just wondering I believe my shareholders card runs out in December time, will I get a notification from the shareholders club?

Thanks

[A&S&O]

Don't think so.

Also, to renew, you now need 100 shares.

[mickeyspal]

Their also asking for a photo of yourself.

[A&S&O]

Their also asking for a photo of yourself.

Which you can upload when you renew online - we thought that was rather clever.