Can you let us know the source of this information? The LSE's diary page says that final (years/) results will be published on 24th May. The only other date is for the 'Interim report' of 24th January and I had hoped that we might expect a similar report for the final quarter before the end of this month.
I am now receiving in N.W. London, a high proportion of mail which has been franked by TNT, some delivered by RM and some in a second delivery. I hope for a favourable and early decision on the increases In delivery charges.
I hope that those investors, who like myself failed take profits but have weathered the recent storm will now hold fast in order to benefit from the maximum potential. Those wise/lucky ones who sold and are hoping to buy back may have to face a rising market, (I hope)
OfCom Investigation could benefit Royal Mail Problems rumble between Royal Mail and TNT. Complaints by TNT about Access charges have focused TNT cherry picking of Delivery services in London, Manchester and Liverpool. TNT offers only a 3 day delivery and is deliberately choosing areas with highest volumes of mail which are threatening the USO. Royal Mail and UCW calling on Ofcom to apply standard delivery practice across the all postal companies! Asking for at least the MINIMUM 6 day deliveries! GREAT NEWS!!
The cynic in me would suggest that the price was pushed down 100p artificially for a month to avoid flak over the initial share price (if it can jump up and down by such large amounts then it wasn't necessarily a bad initial price at flotation). However, this could also be "dead cat bounce" before the SP drops like a stone again. Even fortune tellers would have a hard time forecasting the SP of this company...
Broken through 500p - looks like the good old days of double digit rises are back. I wonder if that is because inflation is tame and any rate rise is further into the future so divi returns on RMG look good? Anyway let's get back to £6 soon.
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