The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
RT003 - Aww bless, that's so sweet that don't believe individual stocks, in fact whole sectors of the market can be subject to manipulation, it must make life very simple for you to be blessed with such child like innocence and naivety.
I'm not sure why you asked the original question as you seem to already know all the answers.
No doubt part of the continued manipulation that this particular stock has been subject to from day one.
The fact that the price hasn't even risen close to the takeover offer of 320 shows just how much manipulation this stock is subject to.
Ironknut - I wouldn't go quite as far as wishing you dead but you are quite correct that your very particular and niche wishes and demands are irrelevant and not worth consideration... and a modern business shouldn't be expected to maintain an inefficient, costly and burdensome anachronism of a service obligation to accommodate your particular demands.
Sid ‐ I'd guess the tories are attempting to appeal to the grey vote with their stubbornness to allow change and reform of RM and the USO.
If shows just how out of touch the tories are with reality.. most pensioners these days are up to speed with digital communication and couldn't care less about letter delivery, in fact pensioners are the biggest complainants when it comes to unsolicited junk mail.
I agree.
I suppose there will be a degree of profit taking, but under these circumstances you'd think the vast majority would be wanting to hold and plenty looking to buy in and yet the price hasn't even risen to match the derisory 320p that is believed to be his first bid.
As ever with this particular share it all comes down to manipulation... the same manipulation that saw it conveniently lose over 20% of its value in just a couple of months this year based on no bad news whatsoever, and then DK magically pops up with a bid.... Coincidence? I think not.
Yet again this stock manages to defy all market rationale.
It's understandable that there would be a degree of profit taking but under these circumstances you would expect there to be a far higher level of buyers looking to take advantage of a potential buy out.
The fact that the share price hasn't at least gone up to the rejected offer price of what is widely reported as being 320p once again defies all logic and yet again I can only find one word to account for it... manipulation
Darbo - And therein lies the problem with the USO in its current format, it's QoS requirements essentially don't differentiate between stamped/franked dated, time sensitive correspondence and junk mail that can be delivered as and when.
Oh Derek you really do tie yourself up in knots with your ideological nonsense and strange obsession with junk mail don't you.
On the one hand you're one of these conspiraloons who believes RM are deliberately destroying your precious letter delivery "public service" with unnecessary and excessive pricing... yet at the same time you're claiming direct (junk) mail is highly cost effective with a great ROI for the sender.
I'm afraid you can't have it both ways old boy.
A rather pointless article in the FT comparing Poste Italiane with Royal Mail.
I'm sure RM would be "bringing in the cash" if it was only delivering every other day and receiving a €1.4bn subsidy and still effectively held a monopoly for the whole postal network including offering financial services.
https://www.ft.com/content/31b01b82-8bda-40cf-ae70-f5c08a854df7
The current USO basically doesn't differentiate between an important first class stamped or franked letter and a Chums shoes catalogue which isn't time critical and in most cases the recipient doesn't want and gets thrown straight in the bin.
At least reforming the 6 day uso to only apply to first çlass letters mail is a step in the right direction to making it more efficient and cost effective.
Time 2 kill - But at least redeploying those staff to deliver parcels on the 6th and probably 7th day will be a lot more profitable than having them traipsing around delivering 1 letter to every 3rd or 4th house on a round.
It's nothing new at all with this share, from day one it's been subject to blatant manipulation with constant swings both up and down based on no news whatsoever.
I doubt there's any other ftse share has been subject to so much constant "volatility"
Absolutely normal for this share to rise or fall 10-20% based on no news whatsoever.
Pure manipulation from those who benefit from the constant price fluctuations that they themselves engineer.
Why this kind of blatant Manipulation isn't investigated and treated as seriously as other fraudulent and criminal stock market practices is a mystery to me.
Redceo - It's still frustrating that they're allowed to get away with such blatant manipulation and I've still never understood why RMG/IDS seems to be so susceptible to it, to my mind its no different to insider trading or boiler room pump n dump scamming.
I've not watched it yet but the pushing the York around sounds like a variation on the old "York challenge"... A game where workers at the MC's would see how long they could spend just pushing an empty York around the Mail Centre without any managers noticing or questioning what they were doing.
Apparently some were able to achieve a win by spending their entire shift doing it.