I am very certain of the value of my holdings. I keep a spreadsheet handy at all times. RMG could be a good investment but with the extent of militantism, I will entirely deleverage. Far better undervalued companys out there.
Masaballoon - USO - you actually care about this? You should be looking for UFOs! The USO for 6 days a week for letter delivery needs reformed - other RMG becomes entirely unsustainable! That's my opinion - for what its worth. RMG workers are resisting all sorts of changes that are NECESSARY for its future. They are resisting PDAs because they are afraid they will be caught out! Workers actually seem to be bullying management not the other way around.
Good to see loyal RMG shareholders have shafted themselves and their shares are worth 5% less today than yesterday! All I can say is that RMG workers (those that voted for strike action) lack any intellect whatsoever.
I'll be selling all of my RMG shares - every one of them, as soon as I get access to them regardless of price and loss. Impossible to see how a company so heavily unionised and militanised can ever be a good investment. It seems saturated by corbynistas who, like communism, are defunct!
Don't know why this is down even a fraction of one percent.... the prospects for a deal are no less today than they were on Friday. Investors are a fickle bunch.... If I bought on Friday, I certainly wouldn't sell out until there was more news either way...
Nothing seems to be moving this up - the mini trade deal between US and China has no impact and the prospect of a deal between the EU and UK has not moved this up.... Whilst this is cheap, I'm not sure what will have any impact and I'm in two minds whether to continue holding these.... anyone got any pearls of wisdom... because mine have all but run out??????
RE: looking for a sharp dip...even a small one, to prompt a bounce.11 Oct 2019 14:18
I have £400k of shares - half are in banks - so today has been so long coming and still no guarantee of any stability worldwide. I bought £60k of Fresnillo and then sold £30k and kept £30k as a counter trade to other shares. I'm prepared to accept it may hang around £6 because my other shares are now performing.... I'm down c.£50k still.... so hoping for better days ahead.