@ tawse57 low 4.00 and high 3.00 is realistic, I say 3.30 to be very cynical, because the more cynical predictions seem the most accurate. whenever I venture to optimism I misjudge. 3.3 is maximum realistic cynicism. reverse psychology: the price WONT go below 3.30 because that would cause political anger for the voters who bought into the IPO, they needed to make a profit, but just a modest profit, guesstimate = 6%, which would be about 3.50. so my guesstimate is the low will be 3.30 to 3.50. the general public dont trade shares, so the rise needs to be something plausible for them, 4.00 would be a 21% profit, which I think would be unacceptably high. 21% is healthy by any standards, outside RMG my best profits this year are between 20% and 30%. anything above10% is impressive. the government need to evade accusations of underpricing AND overpricing. can anyone remember Vince's exact comments about froth? the best buy signal will be when Vince appears on the BBC news saying "our IPO valuation has been totally vindicated", the moment he says that, buy in within the following month. they are going to stabilise the price up to Vince's triumphant comment and stabilise it for at least a month AFTER. because if the price rockets say within a week, Labour etc will then use it as political ammunition. open your diary at a random page, say the date is 20th, then buy in 20 days after Vince's comment. aside from that, I'll be on the lookout for alternative reasons to buy in. I have a book from before the internet era by a famous trader, and he gives some general advice, one comment he says is that traders are "wiped" not by occasional small losses but by occasional big losses. I follow this advice by limiting my losses when I misjudge the low allowing a small amount of leeway. but I enforce the stop orders manually. @Spottie so far they havent given 50% of their profits as dividend. as regards Gordon model, most dividends are tiny, so I instead ignore divs and I sometimes extrapolate the logarithm of the profit for calculations. logarithm( price) is often quite linear. as regards subconscious, I DONT believe in the power of mind to move prices! partly because short sellers will be trying to move the price the other way. what I do believe is the subconscious CAN change events, but we can only affect this indirectly. The future is indeterminate, and some part of the mind can select which alternative future. that is how things like prayer work, people of all religions find that their religion seems to protect them. in fact its just their subconscious accessed indirectly. free will is an example of this power. eg whether you have a cup of coffee or a cup of tea or neither in 10 minutes is indeterminate. you can CHOOSE whichever you want, the Dawkins/Hawkins perspective is WRONG if someone calculates tea, then have coffee.
UK letters saw revenue rise 3%
UK letters saw revenue rise 3% despite a decline of 3% in volume of addressed letters, a consequence, the company says, of price increases and election mailings. However, Royal Mail comments that the 3% decline over the same period last year was better than its anticipated range of a 4–6% annual decline. That said, it reiterated its expectation of a 4–6% decline, but said that it should be at the “better end” of the range for 2014/15. Royal Mail’s General Logistics Systems (GLS) recorded a 6% increase in both volume and revenue, with an improvement in revenue being seen in the majority of countries in which it operates. The company says that the turnaround of GLS in France is progressing well, but that the situation in Germany remains “challenging” . However, Royal Mail also warned that GLS’s reported results will be adversely affected by the increased strength of the pound.
RE: SP drop
Oh well, so much for Mr casenove and Mr Barclay.Their predictions were slightly out.
Happy enough, signed up for the DRIP so more shares at this price. All good.
RE: as i said going down to 400 - 4..
Sorry 34% in 6 months from its Jan high.....................
RE: as i said going down to 400 - 4..
Never thought it would drop below 450 ( opening day launch ) Never thought it would drop below 500, even when it was on the slide... Never thought it would drop by over £1.80 either ( from its year high ) Looks like I have purchased a Never Never share Never in a million years should this have dropped by 34%........ in less than 10 months.... Never in a month of Sundays...
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