RE: 5 day letter week30 Oct 2020 09:16
"you on here iffing and butting about holding and selling makes me laugh at times....like i said before if you cannot stand the heat get outta kitchen"
why, are you not here to make money as well?.... i have held this from the very beginning, with only a small period after i sold where i waited for the buy back point i wanted to re-invest what i got from the first sale, i have always liked this share as a longer term hold, but current events and activities within have now turned this into a trading share, with no dividend, and i doubt one before 2022 at the earliest, so yes, i will umm and arr about when to sell, by this weeks simple failure on my part to drop it when even, i'm now 4 figures down again, so in response to your "if you can't stand the heat comment".... wind your neck in.
In response to the workers related statement in your last post, yeah, i have no doubt, and have never had regarding how hard the majority of posties work, certainly likely in harsher conditions than i do, but as like any business you have elements that don't tow their weight, be it management or below, but unlike many other businesses you have the CWU protecting those, and that is a big reason why this will never be a blue chip company with the stability that is generally associated with that.
Whislt i do not, and never will fully understand all aspects of the operation, be it daily or not, what i can tell you, is that the parcel business is competitive, business customers are one thing, and need to be sort out contracts wise, but many many "off the street" folks consider Royal Mail either too expensive or too inconvenient to use, me included, why should i use them? there is literally no positives over any other form of parcel delivery now, and that is a problem for RMG in trying to sell it's service to the high street, and is, as a shareholder a sad admission to have to make.
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