The latest Investing Matters Podcast episode with London Stock Exchange Group's Chris Mayo has just been released. Listen here.
Thanks for that, much appreciated
Was a dividend declared and when is ex dividend if it has been declared. Thanks
At least the sp hasn't collapsed so I'm assuming this is a blip, but even so it is a shambles. Hats off to the management and kpmg for spooking the market. I doubt any if this will worry Kretinsky
Hats off to the management and kpmg here 🤣. Not a catastrophic collapse in sp but enough to spook the market and make Kretinskys bid look good value. Stick with it everybody. 😁
I remember the assurances Kraft gave Cadburys, that lasted all of 2 weeks. 😁
The institutional shareholders are strangely quiet. Leading me to think they will vote with it. As private shareholders only hold 18% apparently i don't think it will make a difference how we vote.
To think the share price is pretty much back where it started 13 years ago. Bloody shamefull.
The unions have a lot to answer for here.
DK is getting a bargain.
This sp should not be falling at all. If this goes back to the low mid two pounds there will be uproar
The biggest faller in the ftse 100 is 4.97% the 5th biggest faller in the ftse 250 is ids at 5.7% making us the fifth biggest faller in the top 350 companies
Ids are the 4th biggest faller of the top 350 companies 🤣😢
The ftse is an embarrassment compared to the Dow
Kretinsky said he has no interest in putting a bid in to buy ids. If he decides there is no value to be had here and no dividend on the horizon he might change his mind. Or God forbid sell out. That would put the cat amongst the pigeons 🤣🤣
My friend at HSBC can't find anyone really shorting ids. He is mystified by the dramatic collapse in the share price. I think we are in a bit of a hole here. And it may take some getting out of. Be fascinating to know what Mr Kretinsky thinks of it
Advfn on Friday was 9 million buys 1 million sells
The buy to sell ratio on Friday was 8 million buys and 2 million sells. Most trades seem to be of a hundred shares or less. I'm baffled
A friend of mine works for HSBC on the trading floor. I asked him for his opinion on the collapse of rm shares. He is baffled by it himself. He told me its very rare for a ftse 100 or 250 company to lose almost a third of its share price in a matter of weeks with little or no news to justify it.
Yep my stock is down about that in 7 weeks. I won't be selling but I bet the sp won't go up anywhere near as quickly with no news as it has fallen on no news. Kretinsky has held nearly 30% for along time now so I assume he bought the majority of his shares years ago which would have been for a much higher price. Imo of course
So back to last July's share price, um, I've traded shares for many years and to be honest I've not seen a share price collapse like this on no news very often. And I have no idea why which is disconcerting. I hold 230k at a buy price of £2.06. I'm still in profit but even so. Its when I see many trades of 2 shares bought 1 share sold 8 shares bought 10 sold, even 0 shares traded that i get very suspicious and very nervous. I know Royal mail is only part of the whole but the whole is very profitable. I can't see Kretinsky selling out but his average buy price must be much higher than this. He must be sat on a considerable loss at the moment. Full year results will be very interesting.
By any standards this is quite a collapse in the share price. And no news good or bad to cause this collapse. I look at the trades going through and its like looking at a fantasy portfolio. I know computers are in charge now of the buying and selling. Its like they are playing games with each other 🤣
Thankfully IDS is far more than just Royal mail. Must be giving Kretinsky some food for thought though 🤔
Nearly 5 weeks now with only one day ending in the green. I must admit I never thought I would see the £2.30s again after hitting £2.90 a few weeks ago. And to be honest no real bad news to put it here. The mm are making a fortune here.