The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
And so starts the inevitable post (pun intended) results share price drop....you have to love this share.
Quick glance looks very good, I'm a holder/buyer, doesn't look expensive when freight and logistics trading on multiples of 19x, TTM was 28x, and the previous year 17x, it does seem there is quite a way to go here.
A £12b turnover company looking to maintain and achieve a 5% profit margin long-term but looking to pay a 20p dividend in future years is the exact policy that almost pushed RMG close to the edge in 2018.
I would have liked to see the company show that it can maintain and build the growth in revenue and profit margins post pandemic before it reintroduced a strong dividend policy.
How the market and especially the institutional investors react is all that matters though because that is where any real volume will come from.
Good luck.
Britain's postal service provider said pre-tax profits rose to £726m from £180m as parcels, rather than letters, provided it with the majority of its revenue for the first time in its five-century history. Group revenue was up 16.6% to £12.6bn.
Couldn't ask for a better set of results. Company as a whole should be proud of themselves. Well done to all involved.
Those results are as good as I think it will ever get for RMG, especially with UKPIL generating a profit at least until there is full automation.
RMG's management has been at best incompetent in the past and this is the main reason for the toxic culture within the company and it's good to see that being addressed and rectified.
" We have had to take some really difficult decisions in the past year. Around 2,000 managerial roles have been removed as part of our management restructure. I would like to thank the colleagues who have left for their service to Royal Mail over many years. We have delivered on our commitment to make this change, which is on track to deliver annualised benefits of £130 million, with incremental benefits of £115 million in 2021-22. "
How the market reacts to the results today is of the utmost importance, and we will see how much is already priced in.
A positive reaction that builds and holds throughout the day, followed through with strong volume is what I really want to see today, A muted reaction and / or a strong open that is immediately sold into means institutions are likely selling to private investors with FOMO.
Doubling of dividend for the current year is extremely positive.
Hold. Over the next 12 months we should see a good improvement.
Well it’s a Hold (and hug) from me, hopefully it won’t come back to haunt me for another 6-12 months.
Roll on 7/8am - good luck all.
I sold my non taxable free shares today at 529. I've seen this sink on good results and I think the results that have been suggested are priced in. Wouldn't be shocked to see fair bit of profit taking after the monumental rise of late. Time of yr the big boys sell too. Lockdown easing, personally seen much reduced mail in last couple of weeks and pkts are on the decline too from what I can see. Anyway planning on leaving the business by end of year so had to get em out before then. Maybe they'll go up another 10% before that , but there are other shares out there which i reckon will certainly go up more than 10% by year end, so thats where my proceeds will be going. Good luck to all holders.
Monday and Tuesday have been fairly light but Wednesday onwards we are still getting loads coming through. Fingers crossed this hits 550 on results day. I think it also hinges on the future dividend plan as if its a stinker then it could be back to the 450 club.
A rather large sell of 2m after close. Still holding here. Gone through everyone of my targets. £2, £3, £4,£5 and so on. Pure greed. Really hope I don’t regret it for a few extra quid. Could go either way. No doubt results will be good but we know how this share works. Still getting Mail every other day at best. Is it still busy on the ground. Looks like a hell of a lot of tracked and special delivery (apologies if these are the same thing).
Cheers Crystal.
yeah,, but this isn't the regular dividend, this is a one off special dividend, as you know the scheduled investor orientated dividend plan had to be put on hold during the whole pandemic period, and now we are waiting to see what they say in the next results and then perhaps after we'll get news of the boards plans and roadmap for dividend
Divi was 20p previously, and they launched this stock saying they intended to make it an investment for dividend seekers.
I've been in this situation previously, and i had a target in mind, and we're pretty much there, then they announced the 1-p dividend, and the results are looking good, so i re-adjusted my target taking this into account, and added some, and when we hit that i'm selling regardless of timing as we'll be over my original target and then some. I will be buying back.
problem though, is that as you said we have dropped off good results before, and sometimes quite badly, but... will the 10p dividend help stop any drop, or will we finally rise of good results..... who knows lol!
Afternoon all.
First time poster, although long term board lurker and RMG share holder since initial IPO.
This is the first time I have been in a real dilemma as to whether Hold or Sell these shares prior to results.
My (bitter) experience has been that RMG usually sinks on results, whether the results are good or bad, save for a few occasions. I’d be gutted if they did their usual drop of 5-10% within minutes of the market opening as it usually takes sometime for these shares to regain such drops.
However, they have shown some fairly strong resilience recently even when the market was dropping and the company appears more financially sound than for a long time.
Not sure why I’m posting this, perhaps thinking out loud, however I am currently sitting on a sizeable profit and (not for the first time with shares) greed is perhaps clouding my judgment.
I’ve seen what slightly missing estimates have done with Vodafone this morning and I’m concerned these have been hyped a little too much recently.
Anyone else have the same dilemma? Sorry for such a long (first) post!