RE: For those who want to listen4 Jun 2019 10:32
RoyalMail - again, if you read their report, they said that transformation will be ramped up from Year 2 of the strategy. Operating profit was £335 million in 2016/17 and yet the share price went from the mid £3.00s to almost mid £6.00s... why was that? Also, in the years prior to float, RMG barely made any money and yet the share price held well above £3.00 for several year. Why was that? Investors are very fickle - sooner or later though, people like to pick up a bargain!