Member Info for Commonsense5

Mr Hudson - your comments hugely undermine this board. Please refrain. Maximas was totally right - your account holding will show the actual close NOT the Google close. Can’t believe such posts are not centrally removed. Today was a good share price day. Please !

Thx hadn’t seen the new targets today

Is that Citi saying 1000p target ?

Once through 500p this one will race to 520/530p. There is one thing better than a large announced contract and that is a large non announced contract where the news gradually permeates into the market. This contract will underpin forecasts and I think get us close to the upgrade to £1bn operating profit. We won’t see that until a union deal done. I really hope any union deal is generous as 1. The wide team deserve it and 2. RMG can afford it. Everyone is a winner.

With or without lock downs this stock remains fundamentally massively undervalued for structural growth. No postman I speak to ever says they are discernibly quieter than last year. If they were, 900k new units A DAY will soon change that !

More excited now than ever.

Don’t forget the most important line of the last RNS that no analyst appears to have written about .. ‘surplus cash over a nil cash balance sheet gets returned to shareholders !’ This means massive divies and buy backs going forward every year well beyond what we have just seen. 600p by end of Q1 is my prediction.

Ft today has a lead article on the doubling of availability of Lateral flow tests and PCR to 900,000 a day deliveries to homes. It says in opening lines that the government has agreed a deal with RMG.

MR Hudson, I agree with you disappointing BUT the ftse 100 was down near 1% and apart from a poor uncrossing at the close (probably index / futures driven) RMG did ok. I am as disappointed as you that we didn’t hold the initial 495p BUT we had a relatively good day ! Personally I was thrilled to see a good analyst Berenberg go more positive and say not even 530p but that we should be 650p. Only c. 1.5m traded during the day pre the final auction. Not a great day but not a bad day. Hang in there - Rome wasn’t built in a day !! We have had a good month including our 27p !

Berenberg are a good active house - this is a really nice broker change of view. 650p from 530p hold to buy recommendation.

Just fyi some funds only declare below 5% not 3% - they might already be there

In my humble opinion andy Brough at schroders is one of the best fund managers in the London market

Agreed mr Dibs, I also think they would like to have it finished by the end of March year end rather than July as they said. That is partly due to that great great line in the results … they will be running a nil cash balance sheet going forward from two years time - chunky acquisitions aside that I am massively supportive of .. they will be reloading the buy back and specials soon to get anywhere close to a nil cash balance sheet in two years

This £200m is just the start

A quality and measured post MR Thistle, thx, good to hear.

Mr Lokiloo interesting comment re Amazon - I think Rmg like many other U.K. assets like supermarkets turns out to be too strategic to let anyone outside U.K. buy it - however like BT hugely undervalued I think they (Amazon) would love a strategic stake like Deutsche Telekom and the French have in BT - maybe that is the end game for our big shareholder - that would def liven up the share price !

I hear and respect what you say about the poor delivery which I hope for everyone’s sake gets resolved. However I am guessing that last year was equally poor and tricky with big volumes? From a share perspective (which is why we are on this board) my excitement is that I believe management will sort out these issues. Rmg is on the middle of a turnaround. Did you see the city analyst meeting where simon thompson talks of the focus on under performing offices. If last year H2 the RMG made £700m operating profit what on earth could it make if they ever get their act in order fully and with new massive automated centres coming in stream in next 18 months ! The overall operating margin will lift. That operating profit is after decent capex and pension etc obviously

To repeat myself I am extremely sympathetic to how busy at Rmg everyone must be and I hope the issues get resolved speedily. Good luck mr beetroot and mr ponty, forgive me just putting a financial aspect to your comments.

In case you haven’t seen …. As we thought Rmg might wait until the ex date to start buying back proper shares. Pre the ex date they just tested the system with 50k shares a day. However yesterday they bought 595k shares at an average of 481p ish. This is excellent news. I think the total volume during the day was 2.5m ish ahead of a closing auction of 600k ish that was smaller than normal. 595k is more than they need to buy to be done by July which is only £1m of just over a day BUT if they decide actually that they want to be complete by the year end of March (and they haven’t said that to be clear) then the figure is nearer £2m which is material. Just fyi

Yes

In theory 27p less than the close tonight, my hope is that it will go ex well, meaning it will not be down 27p by the close of play. My other hope is that the company increase their buying post the stock going ex at say 480p. They have bought v v little so far and have £200m to buy by the ends of July 22

I am disappointed to lose you Mr Alas - I keep saying less tittle tattle, less he said she said - the result is we lose people who can add some value

Well done Royal Mail

https://edelivery.net/2021/11/royal-mail-crowned-carbon-conscious-delivery-company/

Ha, yes !!

I got quite abused on the mks board !

Me ??