Member Info for furrycoat

At 70p. So this will be my last post here. I think we’ll go to about 50p in coming weeks, however I am very aware I’ve been miles out on predictions her so she’ll probably shoot up to £3 ;@)

Agree with RXDav. Cannot hold here with LB at the helm. Think strategy to go back in time is dismal. Not sure the company will recover and if it does will take years.

Day Traders hope you have lots of fun. ATB Furry

I invested heavily here for share income. The main reason that I held and continued to invest was Batchelor informing the market that everything was “in line” a couple of months ago.

To go from that statement to dropping the bomb yesterday is a sign of dreadfully poor management at best. I have no doubt the BOD knew the way things were going when the Jan announcement was made.

I have now completely re appraised the company and I think it will become a death by a thousand cuts sort of company.

GL all but this one is definitely no longer for me.

Of my holding here at 68.10 just before the bell - I’ll rest easier having done this.

Got it badly wrong here, probably my worst share for 7-8 years. I can only blame overconfidence after a good few years of decent choices.

Have watched LB in his video presentation, not sure how he can possibly expect to keep his job. GL All

....since the JP Morgan downgrade and 23% of my portfolio is now in Saga. I’m expecting steady results with the divi maintained. I feel we will be around £1.55 inside next 12 months. As always DYOR. Let’s see what tomorrow morning brings!

....since the JP Morgan downgrade and 23% of my portfolio is now in Saga. I’m expecting steady results with the divi maintained. I feel we will be around £1.55 inside next 12 months. As always DYOR. Let’s see what tomorrow morning brings!

....for my portfolio...over 3% down today alone....RMG holding up well in the circumstances....

I reckon the game is over. Very best (tiny chance) someone else comes in or Apollo re-enters the fray and offers another few pence above the current offer price.

It's clear the board just want to sell and are not interested in achieving best price for company. It's impossible to be entirely accurate when valuing such a sprawling enterprise but I estimated £10.50 - £11.50. Less than £8 is dismal and I hope IIs and PIs all vote against the offer and the CEO gets the boot.

Thanks ianian, very useful. I've been a PI for 25 years and pay little attention to broker recommendations (other than I'll get a short term spike or drop when they cast an opinion)

Nowadays I'm a long term investor so don't worry in the slightest.

Your toss of a coin analogy is spot on - having read the JP underweight report I think it is mainly based on speculation rather than solid fact (the facts are contained in the latest update from SAGA) so yes they are tossing the coin on whether their opinion is accurate.

ATB Furry

The BOD of this company should hang their heads in shame, they've now decided to accept a slightly higher (but still laughably bad) offer from Berry for the company.

I sold out when Apollo offer came in and offer my condolences to every PI in here who has been very badly let down by those running the company, they've managed to look after themselves very nicely though....who'd have thought it!

I had a chat with the postmaster at my local branch a couple of evenings ago, I commented on how quiet the branch had been recently (they have just shed one of the three staff members) and she confirmed that parcels are "noticeably down" and that letter volume is "almost non existent" I asked why she though this was and she replied "Brexit is killing us"

They are looking to add more services other than letters and parcels....Moneygram etc....but obviously these wont help RMG shares....

Still got the feeling we have a way to fall here and think my previous £2.50 buy in price is now too optimistic.....instinct telling me we could go significantly below £2 this year....

GL to all whatever your opinion.

....is really fragile here....one broker downgrading a notch has resulted in a 9% + decline despite VERY recent trading update confirming all is fine and in line.

I will be buying again for sure but have a gut feeling we may be heading for £1 - £1.05 short term at which point I will be back in. I have a lot of shares in SAGA at around £1.20 and will continue to be patient as I like the divi and the brand loyalty this company recieves from it's customers.

I thought the news yesterday was excellent and I feel the share price will cross the £1 threshold in the coming weeks. I hold shares in PMO and this is a personal opinion. Don't worry too much about short term oil price volatility, focus on the much improved fundamentals.
GL ALL.

.....with the downgrade. I expect trading to continue in line with expectations and for the dividend to be maintained.

With the 6% decrease in share price this morning I am upgrading my forecast from hold to buy.

To see where we go today....not entirely convinced...

They are excellent. Profits a little lower than average analyst expectations....good news on SBB and dividend though...

;-)

Hi Mate hope you are well....so I've got a tenner already banked...anyone else?

Fancy a fiver on it? ;@)

I reckon within the next 4-6 weeks and I will be back in when we get there.

Why would anyone want to invest in a company that has thousands of people who rate the service as "bad"?

In percentage terms 90% rate BT as "bad" and 4% "poor" I fear for the long term future of any business that treats it's customers this way.

https://uk.trustpilot.com/review/bt.com

I sold all my shares a long time ago and would never reinvest until there were huge changes to the culture at this failing giant.

Sell