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PEARLS - I can find no Midas article suggesting the shares should be a buy, just this reasonably negative article suggesting it mayjust about be worth holding the shares for a week or two - no mention of buying - am I missing something?
https://www.thisismoney.co.uk/money/investing/article-6247801/MIDAS-SHARE-TIPS-UPDATE-time-sell-Royal-Mail-shares-fell-27-week.html
Ha! No, no fault of service provider, was trekking in Peru!!
Hi Thistle.
Yes sold the lot. Frustratingly I was without any mobile signal for a couple of days so sold at £3.63. Long way further for this to fall IMO.
That there is still so much positive sentiment here at the moment
Can’t see much reason for this to be honest.
This warning was a proper stinker!
...is unlikely and unsure what will now provide support until better news is forthcoming.
Likely to be downward pressure for a considerable time to come, would be very happy to buy back for recovery at £2.50 - £2.75. The divi will provide some comfort for those who decide to hod long term.
In the meantime I'll be sitting on my hands, no matter how long I've been at this game surprises still lurk round every corner!
GL all!
Good news awaits us all today / Monday. I have 20% of my portfolio in RPC and despite two reasonably large drops over last couple of days will most likely add today.
I’m looking at an offer of £11.50 ps as this is good value for any buyer and this CO is worth far more than that.
All just my personal opinion. Important to DYOR and good luck!!
Have been away without Wi-fi and to say this warning came as a surprise is an understatement!
Undoubtedly heading below £3 in the near term and I have sold all my holding at a 20% loss.
Will look for other opportunities in the meantime and will take a look again at around £2.75.
I don’t feel the stock is oversold, RM is miles behind where I expected it to be in terms of profit, coupled with the double whammy of failing massively on cost control targets.
Long term it will recover but I believe RM will be in the doldrums for at least a year.
Undoubtedly a sell at the moment.
GL all!
£11.50 per share minimum. Company is worth at least this sum per share. Well done to all the holders. I’m delighted at this news!
Been waiting patiently on the sidelines but now back in with 2277 shares at 4.513.
Delighted at this price and glad to be back in RMG.
GL ALL
Agreed. I fancied the results would be far more disappointing, so can see reason for relief in some quarters. The first 10 minutes was very slow before a sharp spike hence my reluctance to push buy, was only going in with 2k so a toe dip. Let’s see how the next few days pan out. All best.
Ha. Sorry RedCeo. Temporary paranoia! All v best. Furry.
And for the record I have been 100% right on the share price performance of Royal Mail in recent months. Although to be fair I’ve been off the mark with a few others. ;@)
Complete and utter nonsense. I post every sale and purchase price without fail.l It is a poor poor trader who is incapable of listening to opinions both positive and negative. I’ve been exceptionally positive about Royal Mail, but expect short term downward pressure. Sometimes the comments on here are just beyond belief. I cannot imagine why any mature, intelligent adult would not want to consider opinions from across the spectrum.
Better buy in price will arrive in due course IMO. General sentiment still weak towards this one. Dividend irrelevant if share price falls in days ahead. GL All.
Have had a read of these figures Think these gains will be followed by falls in days ahead. Still thinking sub 4.75 in short term and possibly further falls beyond this. Great company but I advise caution in near term. Will certainly buy long term at sub 4.75. GL All
...how markets will take the news...watching with interest!