The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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Thanks for the correction Dynamo. For some reason I always associate Trump with bad news. Can't think why thought....lol.
Looking at the states that have yet to vote and their predicted outcomes I think that it's going to be very close but that Trump will just shade it.
Obviously it's clear he is winning.
Unless if you part of the fake news mm.
Simple
Trumps already declaring himself the winner isnt he LOL
Thinks it's the other way round. Markets expected Biden to win for weeks but Trump could win. Biden is judged to be bad for business and the economy.
Shaunymac, the only reason that I can see for this rapid early increase is the possible outcome of the US election?
As of posting, Biden leads Trump by 220 to 213 but there's a long way to go with several states being "too close to call".
I suspect that if Trump retains the Presidency then the SP may slide back again?
JP morgan raised rating to overweight from neutral
What’s driving the increase?
yes, looks like they are putting the finishing touches to the top of the curve, manoeuvring and setting course for 19th Nov
Royal Mail PLC
RMG
250.55 GBX
+16.75 (7.16%)
baffled i am still baffled...lol
Wolves Red is correct. I bought about £7 or £8K when the shares fell from about £6.20 to £5.80. The price improved to just below £6 but I wanted it to go beyond that level. It was a speculative buy. I actually initiated the sell order but did not push the button waiting for the last penny. When the price dropped drastically to a point I considered really cheap I thought screw it and bought a bunch more which I realise was a cardinal error but I was also attracted by the dividend. The big dividends last year gave me about 4K but the share price then tanked leaving me down 50% on my II account but not as bad as BP and Shell. I watched closely the Kretinsky saga and got back to break even and when the shares were showing a £4K profit I could not resist and sold £45500 worth and thanked my lucky stars. Thereafter the shares rose close to the 52 week high and I felt that I had bailed too soon. It has been a bumpy ride and mostly under water but MKS, VOD, LLOYDS and GSK are no better. I hope that this clears up the confusion. I know there is constant doubt regarding authenticity and have watched the insults fly back and forth with Falkland and his other supposed aliases. I have no agenda just wanted to wish everybody well and point out that unless and until interests are aligned between shareholders, managers and the 120,000 posties/ staff the company will suffer periodic downgrades when potential strike action is announced. The enemy is not other courier services such as DHL, management or 'greedy shareholders' as it is often framed but technology yet some on the platform refuse to see what the future implies.
Wolves. Bought in @ £5.80 (no quantity mentioned) subsequently increased holding considerably. Therefore more and cheaper. Night night ;-)
red but sold out @ 2.43... most bought was at 5.80. math doesnt add up even with divis. but hey ho. keep safe...
Hello Wolves, I am very well and thank you for asking. Of course I wish you and yours the very best also. The poster initially bought a quantity @ £5.80 then increased his holding considerably at a lower rate thereby reducing his average. Therefore he was making a profit when he later sold.
I'm sure, had you read the post with more care you would have reached a similar conclusion. Remember, more haste, less speed ;-)
sorry typo... crunch
red i will let you crunh baffled numbers and then become baffled yourself lol.... hope you are well red
baffled..... i am baffled how you made a profit from the stats you supplied....
crystal..... you said it all....so why do you invest in a company you do not use? or even understand???? perhaps you was tempted by the share fall and assets in the company....so was i.... but as an employee i see whats going on so thats why i got out at a good profit.... it will come back but have you got the nerve?????
Hi, Baffled. A very interesting post and I cannot disagree with your thoughts. I am also far more relaxed about the SP since I reduced my holding considerably. Glad to have been part of your experience here for good or bad. Best wishes.
I have held this share for several years. I bought in at £5.80 only to see it drop like a rock. When I thought the price could not get any lower I increased my investment significantly. Following the Tory election win and the court ruling on strike action I was about to sell but was persuaded by Fruitster's comments to hold on. Since he had over £800,000 invested I followed his lead only to be disappointed when the shares halved in value. A couple of weeks ago I cashed out at £2.43 realising a combined upside including dividends of approximately £8000. Since selling I have been a lot more relaxed. I have watched the rows unfold and the banter between various RMG employees such as Wolves/ Red CEO and have conclude that there is a huge problem at the heart of this organisation which is considered to be a nationalised enterprise by many of the staff but as a private company by most of the senior managers and shareholders. Until this fundamental conflict is resolved both legally and culturally the firm will be unable to exploit its virtual monopoly and realise its growth potential. The bottom line is that businesses with large numbers of employees are no longer attractive to finance. Better by far an entity like Snapchat, Instagram or Rightmove who charge tolls constantly and employ relatively few staff. In the next 20 years post will be a thing of the past and delivery will be undertaken by bots for heaven sake. The discussions on this forum sometimes reminds me of WW1 generals discussing the merits of the cavalry after the advent of the tank. If you don't see the future direction of travel and insist on holding on to anachronistic labour practices the future will run you over like the steel workers, miners, ship builders and textile workers who preceded you. The current shift to automation, AI and digital rather than physical will certainly touch RMG profoundly. Thanks for the amusement you have afforded me over the last few years and good luck to you all. Who knows I may return if there is a precipitous fall in the share price.
"you on here iffing and butting about holding and selling makes me laugh at times....like i said before if you cannot stand the heat get outta kitchen"
why, are you not here to make money as well?.... i have held this from the very beginning, with only a small period after i sold where i waited for the buy back point i wanted to re-invest what i got from the first sale, i have always liked this share as a longer term hold, but current events and activities within have now turned this into a trading share, with no dividend, and i doubt one before 2022 at the earliest, so yes, i will umm and arr about when to sell, by this weeks simple failure on my part to drop it when even, i'm now 4 figures down again, so in response to your "if you can't stand the heat comment".... wind your neck in.
In response to the workers related statement in your last post, yeah, i have no doubt, and have never had regarding how hard the majority of posties work, certainly likely in harsher conditions than i do, but as like any business you have elements that don't tow their weight, be it management or below, but unlike many other businesses you have the CWU protecting those, and that is a big reason why this will never be a blue chip company with the stability that is generally associated with that.
Whislt i do not, and never will fully understand all aspects of the operation, be it daily or not, what i can tell you, is that the parcel business is competitive, business customers are one thing, and need to be sort out contracts wise, but many many "off the street" folks consider Royal Mail either too expensive or too inconvenient to use, me included, why should i use them? there is literally no positives over any other form of parcel delivery now, and that is a problem for RMG in trying to sell it's service to the high street, and is, as a shareholder a sad admission to have to make.
sorry the cwu has lost the faith from members not in members.....
crystal broke.... the management have lost the employees... the union(cwu) have lost the faith in their members....you on here iffing and butting about holding and selling makes me laugh at times....like i said before if you cannot stand the heat get outta kitchen... most posties most are busting a gut to deliver what we have on a daily basis....try it!!!!!
as i thought, and confirmed below with the comment regarding legislation.... dropping saturday letter delivery will require someone signing off, outside of RMG, and i know letter revenues have been on the decline, but this will have a big affect i think, in addition, they are hailing parcel deliveries as the answer to all the problems, problem is, their competition is prepared to deliver 6 days a week, sometimes 7, RMG can't compete with that with it's current management style or having to agree everything with the unions, but the time they have finished squabbling, they've lost the business.
as i thought, and confirmed below with the comment regarding legislation.... dropping saturday letter delivery will require someone signing off, outside of RMG, and i know letter revenues have been on the decline, but this will have a big affect i think, in addition, they are hailing parcel deliveries as the answer to all the problems, problem is, their competition is prepared to deliver 6 days a week, sometimes 7, RMG can't compete with that with it's current management style or having to agree everything with the unions, but the time they have finished squabbling, they've lost the business.