Just use the filters to avoid all of this nonsense. I love this share. I got my 227 and sold out at 586 rolling it all over into AZN (at £33) before the Pfizer approach. Got back into RMG in the 420s last month and quite happy to sit this out for the long term. All within an ISA and with dividends reinvested as they roll in. My strategy is choose a fairly defensive portfolio of FTSE100 stocks all with divi yields above 3.5% (avoiding retail, banks and insurance) buy on any weakness and stick with it. I have only had to sell out of one stock in the last 5 years and that was RSA (hence my aversion to insurance stocks now) when the Irish trouble broke, still made a tidy profit due to the divis received over the 4 year hold, so no damage done. As for RR I would like to hold but unfortunately they pay the divi in "C" shares and my brokers automatic reinvestment (which costs almost nothing in commission) can only deal with cash so converting the "C" shares to ordinary stock would involve selling them and buying back and thus prohibitively expensive unless someone knows differently?
...the Arsenal sideshow this seems to be an interesting time for RMG investors. Any employee who is looking forward to an RMG career over the next 3 years should be well rewarded by the SAYE but it may well be that the company will happily see this drift down again and nobody should worry if it drifts down to 400 or even lower during the autumn. It will climb again. The SAYE application end date appears to be "Independence Day" in Scotland. For Richard's info the 360 figure is confirmed here: www.myroyalmail.com/saye - fifth bullet point. I am now absolutely convinced the SP has been engineered during the summer, with the SAYE in mind. This week's 450 minus 20% roughly equals 360. Thanks to all those who have kept us up to date. It's what the BB is for Arsenal. Final thought - did Vince Cable anticipate the SAYE when he talked of "froth"?
just shut up accept it and move on everybody has an opinion even you but as i keep saying your a complete I---t when you come to compareing staff at other businesses Skilled v Manual pathetic .Trolls i am not but yes you are a dinosaur who has short term seller tattoed through you who has no long term vision simply because a lot of people want to see how this business is going to compete with other established PLCs.. you keep kidding yourself and you may well believe it. Now just leave it there you but i still think you are a dinosaur in investing Goodbye
well that's a twist to the plot for SAYE to be selected now as 450 - 20%, maybe they pushed the price up in order that SAYE wasnt too low.
I think the price generally isnt going to go below 360 otherwise the workers will feel cheated.
today's high 448.7 is just 0.1p above Tuesday's low 448.6, and yesterday's high was equal to Tuesday's low, so the price is unambiguously down from the recent 450's. but I would want more such data before I conclude anything.
if the price does continue up, I wont buy in until the low is above 500, and will put a permanent small trade. I may wait till the day's low is well clear of 500, this would be a manually enforced stop buy order.
I think 500 is the tipping point for the day's low for the progress to be sustained, where I would have to change forecast.
now SAYE is out of the way, the 2 forthcoming events I am aware of are the scottish referendoom and the interims.
I dont know the future, but my money is that the days lows will remain under 450 and will eventually plummet down towards 400 and wont go below 360. 360 is 10% below 400, so 400 to 360 is quite a large margin.
you are definitely a troll, spamming the forum with drivel eg "you posties stick together". I doubt they stick together, some will and some wont, let's say for arguments sake they stick together, so what? how is that useful info for people on this forum?
I bet the Rolls Roycers stick together, geographically they will stick together as they'll be strung along the same assembly line assembling wires in jet engines or pen pushing in adjoining offices.
RMG workers are much more geographically dispersed than RR. workers, RMG workers are all over the place geographically, they even get within about 6metres of my desk.
also you have a chip on your shoulder about patronisation!
if you behave like a teenager then everyone will patronise you. once you start behaving like an adult, you will be able to enjoy the liberty of patronising immature people and sneer at their puerile behaviour.
you said about intrinsic fundamentals, well I have a trade which has excellent intrinsics. but the problem is the P/E ratio is 26, so its good but overpriced, the annual results are soon, which could result in a much lower P/E. if its still too high I may jump ship or reduce the size of the holding.
note that you are patronising us by thinking that buy and hold is the only way to do things. what use is 300000 if you are a geriatric? I need my profits now, not in some decades when I'm some oap riding around the buses for free.
Margaret did us all a favour with unions and i wondered how long it would be before you would be back , as for dead wood im afraid it is a fact of life so live with it and just grow up ya self ,i dont listen to drivel and dont try to tell me about my portfolio you know nothing about , good night and i dont insult anyone or tell lies so do us all a favour and go patronise something else
I cannot find that the SAYE is 360 on the RMG website, can you supply the URL?
if it is 360, then that is 20% discount on 450. probably the price wont go below 360 then, at least not much below 360.
but I need to see the URL for this, until I see official confirmation, it's hearsay/misinformation. Did you read it yourself on their website, or did someone tell you they read it on the website, if the latter its hearsay and not valid.
you need to mature up and stop calling people deadwood. also you go on about the unions, but Thatcher crucified the unions with legislation. Please refrain from insults and stick to the facts. there was lots of noise about RMG unions after the privatisation, but there wasnt a whimper.
if someone says something that is wrong, then confront this with facts not insults.
eg beatrootjuice says SAYE is 360p on the RMG website, but I dont see this, but I dont start insulting him but I request the URL as I know about rumour mills and misinformation.
reverse psychology: if someone really is an expert, they wont use insulting language. when you go to a doctor, lawyer, banker, accountant do they start swearing? insults and expletives are intellectual laziness as they are too vague, you need to be razor sharp with words which cannot be done with insults.
so the fact that you continually insult people suggests you are an unreliable source of information,
Sharescope has candlestick graphs for RR. all the way back to Jan 1994, you said intraday min was 64p,
I'm sorry but that isnt what Sharescope gives, it says the minimum for 2001 was sep 21 2001, at around 105p, I have to read it off visually and its approx 105p.
ARE YOU TAKING US FOR FOOLS?
you think we dont have access to the detailed prices going way back in time.
now the price did go to about 64, but that wasnt sep 11, but was on March 12 2003 which was a week or two before the second invasion of Iraq. so the price you gave is plausible but you got your wires crossed.
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