Royal mail is undergoing transformation into working practices, involving posties been out on delivery much longer and virtually no indoor work. The sector they are in is extremely challenging, it seems most of the underlying measures to prop up the SP are of cost cutting nature. Yes the company as it stands is a dinosaur, but for the SP to go down to 3 to 3.50 is highly unlikely. That would give it a market cap of 3 billion. There property portfolio alone virtually warrents this SP and… Read More
It's not something one would necessarily know. Anyway, I was only joking about RM's future. I do believe they will go down to 3.50-3.00 area in the short to medium term since the technicals on their chart is pointing that way and the struggles they are experiencing with regards to the fundamentals. But after that it really depends on whether their business model is viable in the ever changing parcel market. with growing number of larger retailers taking their deliveries in house and the… Read More
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.