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Angersharkz 100% agree worth looking at past financial performance. We have come along and as you say hopefully if core metrics are correctly factored in the SP will start to reflect this with the next announcement.
Commonsense5 thanks for putting these on again. I do look at these in detail at the time but worth revisiting to see how poor things were. Looking forward to next financial statement.
Mr Oligarch, my point was simply that the numbers will look very good relative to the previous year. The market doesn’t seem to have absorbed the fact H1 was extremely good which in turn builds up the net cash pile (ex leases). Have a flick at some of my previous posts that refer to fundamental value - £4.2bn mkt cap, near £800m net cash (ex leases) and operating profits of £850m forecast with £400m done. Bonkers. It is fundamental value that everyone should look at. I checked the UPS valuation last night - forecast to produce $10bn net profit (I assume after tax) on a market cap of $170bn !!! Also with $15bn net debt. Yes 17x multiple !! We can get there long time if not higher. Just trying to be genuinely helpful post a long innings in the city doing this - albeit when I was doubling my holding on what I thought was an excellent trading statement in September you might not believe me !!
RMG profit may have increased tenfold plus but should and would that translate to a massive hike in the SP?
Perhaps the spike that sent the SP temporarily to £6 was manipulation and it's back to where it really should be?
In a few weeks time the H1 £400m operating profit of RMG will be on the screen versus the fairly shocking interims this time last year where adjusted operating profit of £37m was achieved - this year will be an over 10x improvement. I think at this point investors will realise the enormity of what has been achieved in RMG.
https://investegate.co.uk/royal-mail-plc--rmg-/rns/half-year-report/202011190700078019F/