Member Info for nuri123a

Argos resources anyone?

Scharnhorstt - this is critically undervalued now - I bought in earlier today. It's priced far far far too low in my opinion.... I own a lot of AIB, which has gone down a lot - but I never thought Bank of Ireland would stay below 5 euro for too long... I have another £20k to add on more weakness, but to be honest I don't think bears could find anything to worry them about this. Lots of stocks far too low, but Bank of Ireland is top of the pick for most undervalued stock.

JBThistle - thanks for your kind words - appreciated! Good to see a lot of level headed posters on here. I'm here for the long-term, so people haven't seen the end of me.

to buy more RMG shares - a few others have really caught my attention! Won't be on this board much for the next month or so... only if it goes down - then I'll be back to buy more.... Take care all... seriously undervalued now - but too many others are in a similar position.

company and its finances, looks likely it will head well under £1. Hope I am wrong as strongly tempted to buy in....

This isn't looking good at all. I have not invested here - but it looks to be heading below £1.00 per share. Might buy in at some stage, but too risky.

Mail volume decline has really flattened out in the United States over the last number of years and is far smaller than the UK.... 2 elections already has to be a boost for RMG, alongside the 5% increase in postage stamps and parcels... add to that the significant increase in signed for/tracked mail items... and the strong parcel growth.... bottom line should be the same, if not better than the year past.

Falkland - Argos Resources down over 8% - ouch!!! Really, I think that is a company to cut your losses...

As for the letter volume falls - these have been well publicised for the last 5 years... only going anecdotally on the volume of mail I have received in the last 4 months - its much higher than the same period last year. But hey - I'm only one person - so obviously cannot generalise.... sooner or later the decline will start to reduce... if that is no an oxymoron!!

Written in Motley Fool in January:

I’d argue, too, that recently-relegated Royal Mail (LSE: RMG) is also a brilliant buy for income investors.

The courier’s share price has slid, thanks chiefly to scaling back cost-cutting projections in the autumn, a development that caused it to topple out of the FTSE 100. The number crunchers scaled back their earnings forecasts in return and are now expecting a 40% earnings decline in the 12 months to March 2019, resulting in a dirt-cheap prospective P/E ratio of 10.3 times.

The scale of Royal Mail’s cost-cutting failure may be cause to wince. But this — nor the short-term difficulties created by the slowing domestic economy — merits the sell-off we have seen. The business remains in great shape to ride out the internet shopping boom, and thanks to expansion across Europe it’s poised to exploit this phenomenon across the whole continent.

In the near term, the City expects Royal Mail to steady the ship with a 1% profits improvement in fiscal 2020. And hopes of a more stable performance lead the number crunchers to predict that the courier will have the nerve to keep raising dividends, to 24.6p and 24.9p per share this year and next, respectively, figures that yield a mammoth 8.8% and 9%.

Brexit has affected every company in the UK... look at the returns vs. other global stock market indices. The trade war doesn't help either. If you think its nothing go to do with RMG, seriously, don't buy any stocks at the moment. As for Falkland's assertion of £1 or £1 billion market capitalisation - that's just plain Alice in Wonderland stuff.... it could sell a few buildings and raise that sort of money....

I have not! I only started buying in October of last year. My average below £2.50 now....

Falkland - and you know exactly what is going to happen! The conservatives don't have the luxury of going beyond October. The message is 100% clear - Brexit needs delivered by then or the Brexit party will clean up... So, in that vein, I am not going to second guess the market. I have a buy order for 22,500 shares set at £1.89.... Good luck all. Bargain of the century and now only 3% short - shorters aren't confident to push the envelope.

Patience - you need it in plenty supply. This going down is another signal to load up more.

Redceo - not talking about the big boys who have a bit of cop on and know this could very well go up significantly. It's the small style shorters like Bradsmark - no problem if they want to short. Bring it on - brings my buys closer to fruition!

Redceo - there will always be idiots.... legal and general traded at 24 pence in 2009... like, who the hell was selling at that price. They thought the world was about to end and then the Government and Central Banks all stepped in, and 6 years later it was trading at an all-time high.... Royal Mail has been around for 500 years + - I don't see it going anywhere anytime soon.... all we need is the USO to be scrapped and then the sky is the limit.

Redceo - shorters are playing with a fire - they are standing right next to the furnace waiting to put their hand in it. At 436 pence less than the May 2018 high, and standing at 70% discount, I can't see the justification for going lower. If it does, I'm not waiting around to buy.

The Government is in meltdown.... well there isn't really one at the moment... things change - so I wouldn't worry. I am trying to capitalise on the cheap shares...

Bradmark - you are hilarious.... once it goes so much that it becomes really more attractive to buy, I am going to short.... hilarious :-))... Sub-£1.95 was my targeted to buy £50k - and it still is. My money is ready and its burning a hole in my pocket!

Pokerchips - long-term holder here. I wonder whether you have any shares at all... if so, you may want to divest them if you are this worried. A deal will be done or a definite decision made about Brexit before end of October... The stakes are too high for the Conservatives.

Yield now sitting at 12.8% this year - dividend in September equivalent to just under 9% of share price.