I'm surprised by the size of the downturn in the SP but most of the damage was caused by the company's disastrous sounding PR which has spooked the market and many investors. I hope changes will be made within the Co's Investor Relations Dept and that the hard lesson learned will not be repeated.
It would be re-assuring to see the SP lose the Yo-YO trading performance, settle down and not become a Titanic but more of a steady as she goes pleasure cruise!
I like to hear bearish views as they can sometimes warn of problems ahead. In this case though a drop to 425p is cloud cuckoo land. The company is strong, with a dividend coming up and the share price has just dropped over 16% already (609p on 20 February to 506p on Friday).
HT77's predictions may come true, it is just unlikely considering the fundamentals. There is also no long history to this share price so it is easy to come on a forum like this and give scary predictions.
HT77....Why is it that every comment you post is negative? Fortunately for us actual investors you are invariably wrong. Go and play with your half pence shares in FRR and leave FTSE100 companies to real investors.
good luck to investors here but i do think the SP will fall, there is news coming up next month and july as we have just seen recent news the SP fell and i am glad i got out at 570p after buying at 509p , best wait around for it to steady after the next fall then see where we are on news coming out , Dont forget the MMs are wanting there profit so they will want to lower it so as to get maximum profit, but i think in the long run it will rise and i expect it to go to at least 650p in the next six months, but for present profit best waiting around
There are lies, damn lies and statistics. Graph trends only tell what has happened. As forecasting tools they need to be used with current and yet to be announced information. We need to learn from history for sure but it is only part of the lesson.
Frankly hottrader I am not sure why you are posting these extremely pessimistic forecasts. There are a lot of people on this forum who would have invested at the recent price close to 600p and would be annoyed by your posts. Of course your scenario is a possibility but for all the reasons I, and others, have mentioned it is unlikely. That is unlikely, not impossible. I fortunately have not got shares invested at that price around 600p but I am sure there are a number who have.
Royal Mail are adjusting their business model and the share price has a very low P/E ratio. People who force share prices down for their own possible gain turn the stock market into a casino and are not thanked by the ordinary investor.
Yeah, well that was before the dividend was revealed, going ex-dividend in four weeks. It may fall a bit in the next two weeks I would then expect a rise in the two weeks before going ex-dividend. So 480p? Or even 450p? Possibly, but I wouldn't bet on it.
That competition is not 'more news'. It has always been there.
It does look like this share is currently out of favour but these things turn around and when they do ......
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