Not too sure it'd come to a strike really. Messed up pensions is sadly a modern era fact of life. The steelworkers had to take a pension hit just to keep their jobs. Maybe the whole country should go on strike with the way the govt are going to fleece us all with our state pension. Lol.
your asking the one who's username indicates fortune telling is not my forte ! lol
that said, lets see..... the first tranche can be sold off around mid October right?.... ignoring the first year, of trading around that time where the stock was still in the honeymoon period so to speak, the chart for the following 2 years shows less than optimal SP performance at that time of year, given that there is usually a lot of skepticism as to how the postal service will perform over the christmas period, and how much business might be eroded by cheaper competition etc etc, if the price was to drop additionally solely as a result of the sell off of those free shares, i would not be surprised to see buying opportunities around the 440 mark. I would be happy to sell around the 520-525 mark and wait to see if it does fall back to 440-450 region
but, this is pure speculation on my part, and those with much more knowledge than myself could well look at other performance criteria and market forces etc and determine i'm off my rocker !!... the way i see it is if i do sell, and then the price doesn't drop, i wont be devastated, as i'll have taken some profit and will be happy with that, but, for me, it all depends on where it is priced as we get nearer to that time, it may fall off a little earlier, making the sell price less inviting given the holding volume i have to work with
yeah, i think your right there, the current price is where i always expected them to settle at, after the initial huge rise, and then subsequent fall. I bought in at the IPO and then immediately after, then again when they dropped in price, to give me an average of about 405 (ish) knowing the divi payments wouldn't be too bad, i then sat back and held them, i could have traded them a few times and bought back in to increase my holding but didn't. As you said, i can't see them going much over 600 again, competition is always going to be there in this sector, it'll just becoming from different angles each time, that is not to say that RMG can't diversify or change too and counter this competition
The real-estate holdings are certainly a bonus, and shore up the value of the company assets, selling them would be costly in the long run.
As for the free shares coming to market, this could cause a temporary drop as you said, and generate a buying opportunity, and i may consider the option of selling mine prior to this and seeing what happens, with an eye to buying back in.
Postman Porsche I think you are being very optimistic there my friend , I don't think they will ever get anywhere near £10 IMO I think this is a steady £4 - £6 share max . a lot will depend in the near future on how many people with Fred shares sell them ,Good Luck
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