Wall Street down 266 points - it will be a miracle if RMG remains above £5 tomorrow. Holding on whilst I am in profit but will sell my 227 shares if this drops to £3.30 because I recall that Government advisors said IIs were reluctant to buy above £3.30. Wonder who it was that took this up to £6+?
I got the down day correct as per my previous message, still think downside in next fews weeks now I expect a green Friday at least as today didn't end on the bottom to maybe coming to the end of the bear correction however think it will test Â£4.60-Â£4.75 in next month and that will be it and we all can consider at such a bargain price to take the opportunity to buy more shares, this is amazing time to make some quick pounds (in six months) says 8-10% which is not to be sneezed at plus the div, I will not get In until three weeks time, may of missed the boat by then but feel those bears want more decline out of Royal Mail still I'm afraid tally Ho
It says no dividend because they haven't paid one yet. The dividend amount stated is based on the divs that have been paid in the last year, with the yield being calculated as the previous years divs divided by the current sp.
I wonder if anyone knows the basis on which bonuses are paid by R. M.?
I am begining to worry whether some may benefit more from an increase in next yea's profits rather than from a steady increase in turnover and margins since 'day one'? An encouraging financial report wiithin about two weeks should provide some reasurance.
The will be considerable improvemenst in running costs and the imminentl start of incone from the sale or development of land and I don't thinkk that the proposed dividend can be under threat, howevert any increase may now be unlikely. My mail today included two catalogues and two letters which were alll franked by TNT.and so let us hope that there will be a quick deciseion regarding the price increases for delivery.
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