Member Info for Charlie156

2599 at 2.01047. Something in me water says the market may be willing to give Rico the benefit of the doubt, for now.

That's a list of plonkers, that needs no verification.

This is all getting very 'Tinker Tailor Soldier Spy'. I'm starting to think I'm the only honest punter on here

std, I can't work out if ur really clever or really dumb.

Nuri, u talked me into it again. 2451 at 2.029987

The person who was supposed to lend him the money, read this forum, realized he didn't have a Scooby and decided to start shorting RMG as well.

Nuri, it's time for a reality check. I know you see yourself as a Gordon Gekko figure, but Gordon the Gopher would be embarrassed by ur lack of financial nous.

Come again Nuri. I've been discredited for making a profit. Coming from a man whose 25 grand down. How's the rest of ur portfolio doing? I know your still positive on Polly Peck, Debenhams, Carillon and Woolworths. Indeed I believe ur still trying to add to ur position.
As for Gringo, has he had the decency yet to apologize to investors who have fallen prey to his constant ramps from over £6 to under 2. If he had any class he'd do a John Profumo.

Good to see Nuri and Gringo on the same page today. Reminds me of cordial German/Russian relations in 1941, just prior to Operation Barbarossa.

Well, let's hope the previous 5 years are not indicative of the next 5. Hats off to Rico for at least attempting to grow the flatlining UK business. That will need a lot of investment in a market where RMG has proved to be a slow moving innovator. A new pay round will be negotiated this year, I can't see the CWU accepting anything less than the last 7% 2yr deal. Whereas previously GLS provided succour, their margins are starting to tighten. These UK productivity improvements are pencilled in for 2 years time, which with UK letter decline the lurking time bomb, makes these shares speculative.
The only thing you can say with certainty that will be happening in 5 yrs time, is Nuri will still be averaging down and Gringo will still be trying to talk up this turkey with his interminable ramping.

Nuri, its cojones. That 2.10 trade paid for w/e away in Spain. I see ur still on here all the time trying to justify ur car crash investment.

No, Mr D, you cost yourself 10 grand because you didn't have the cojones. See if you can find them over the B/H weekend.

Earnings Call Transcript Q4 2019, worth a read. Key points for me
For every 1% decline in letters revenue, twice as much parcel revenue is needed. The extra investment will address that, aiming for parity.
The productivity gains will kick in, the year after next.
In 5 years time, aim is for revenue of £12 bn, with a 70/30 parcel/letter split.
Rico and the CWU's Terry Pullinger are in the honeymoon phase of their relationship, with Rico coming over as somewhat naive.
Their will be a number of cash injections from London property deals over the next few months.
Analysts are highly sceptical of Rico's decline in letters figures after this years 5-7%. For 2020 onwards RMG have pencilled in 4-6%.

Sold 4996 at 2.105464.

I was expecting share purchases by the directors. Let's hope the rest of the board follow Rico's example.

When I woke up this morning I did not expect to end the day owning 5000 of these buggers. This share has been good to me in the past, but Rico has much to prove.

Board has the vibe of an AIM oil stock, with all the reprobates from outta town suddenly appearing.

Had another nibble 2530 at £1.9665.

Who did you borrow the 85 grand off, your parents!

You talked me into it Nuri. Purchased 2466 at 201.8. Expecting some meaty director buys. Don't let me down Rico!