They should have put the prices on that list. The one I checked required 1 single stock but mostly super expensive (Caran d’ache: 26000chf)
That is still a blue light special compared to Lindt (100k ).
More affordable and diversification-friendly choices are Swatch, Calida, Bell…
Was just researching the Jungfraubahn Holding AG. It’s not for me, but while looking into the company I noticed the have a shareholder’s club for shareholder who hold 250 shares or more and apparently those shareholders receive an annual offer of a free or discounted ticket plus discount on otherwise purchased tickets.
Shareprice is currently CHF 180, so a mere CHF 45’000 you’ll get that annual free or discounted ticket …
Probably not that appealing to forum members, but I thought I’d mention it in this topic.
Most companies do stock splits when the price gets high. But affordable price per share isn’t required per se.
what could be the reason why lindt does not make a split? Hardly anyone can afford this share. I can hardly believe that someone would buy a share for 10K. Almost nobody has that much money.
People who really want to use single stocks can use fractionable shares.
(but yeah, doing a stock split seems to be easy money those days, most stocks seem to get a price bump after a split)
How-To do it with Swissquote?
I wish Lindt Naturaldividende
I wish to invest 200 CHF
Personally I think it’s a bit of a gimmick.
But they seem to be one of very few to have done it because Lindt has the most expensive share price of an actual company and the second most expensive shares after Berkshire A, where it actually makes a lot of sense having a share class with no splits, showing off the success of the business, as obviously, they sell B shares for common investors.
Someone came up with these reasons:
If you want the gift box, you’ll need a full share (need to be able to vote at the assembly).
Probably easier for you to buy the gift box from someone else
When Alphabet was still Google and the two founders still ran* the company, maybe around 2007 or so, an employee once asked them at TGIF whether they would consider splitting the stock to make it more accessible to investors (price at the time was maybe $700) or whether they would consider introducing a GOOG.B shareclass just like BRK.B.
Larry laughed at the question and Sergey explained they would never do this to accomodate the finance bros and that they wanted the stock price to reach $100’000 or even a million dollars (there were no fractional shares back then).
Having had no understanding of investing at the time (and letting my company shares vest and ignorantly letting them just sit there – in hindsight the right move) I liked them for saying this at the time.
Eventually, they lost interest, though, and “real” CEOs and CFOs took over, and so eventually splits got introduced.
* Technically, Eric Schmidt was the CEO and chairman at the time, but Larry and Sergey essentially ran the company being the top shareholders.
When I reach that almost nobody category, a Lindt share is in the top 10 of my personal splurge list. While others might have a lambo or a beautiful $50’000 mechanical Swiss watch on the splurge list, I have a Lindt share and a physical kilogram of gold on that list.
The Sprüngli share currently is not within reach as it returns too little cash flow for my current needs and the kilogram of gold does even worse in that category. I would buy the chocolate share when my cash flow doesn’t need to grow anymore, and a little later I’d buy gold just for the sheer pleasure of holding it in my hands, marveling at the size of one kilogram of gold. As a substitute, I have a kilogram of tungsten, which has almost the same size:
Unfortunately, it’s not as inert as gold.
Your screenshot of the share shows LISP.SW, (at 10k) you probably wanted to show LISN.SW (at 100k)?
Maybe you can gold-plate it.
No, ironically Andrews was really always referring to the 10k / “cheap” Lindt share. Wait till he finds out there’s a 100k Lindt share
[Edit …and this is one you need for the chocolate box! Does anyone actually know, is there a “small” chocolate box for the “poor people”, who only own Lindt PS (10k)? ]
Andrew, go for Barry Callebaut, another Chocolatier, at “only” 1k per share a “Schnäppli”. You get a box of speciality chocholate per year.
Hehe, I somehow thought so The worst part is that if I remember correctly to get your box of chocolate you need at least one share of the 100k version (LISN.SW).
Indeed! Sorry I edited my message above to say that while you were replying. I didn’t think anybody would be so quickly active at 6am.
For the 10k one you get 1 hazelnut from within the praline.
ah i thought that was with just 1 share I can get one free ticket up to junffraujoch. But still it was not interesting to me. haha.
Are there people who buy them? Are there people who sell them?
So far I have only swatch and calida for the purpose of physical dividend. The list is good but also not very practical (for example LISN, haha). Anyone can suggest from there own experience, what else do they have ? I would appreciate that.