RE: Buying spree9 May 2019 13:07
All I will say Falkland is that there are a swathe - probably in the region of 90% of posters - who are utterly determined long-term investors of the stock and see its massive potential. There are few stocks where I have seen such trenchant positive views of the long-term prospects. You are only of a very small number of individuals who cannot give a handful of reasons as to why this company whose assets are approaching £5 billion, why it should be valued at £2 billion or less. I am very critical of Royal Mail, but as I cannot see a reason why it should be valued at anywhere near £2 billion, I will continue to add as my 6 dividend payments come in.... I hope you are bitterly disappointed - I will do all I can to buy up as many as possible. These prices are in the looney bin range - utterly undervalued - but it will change and when it does - there won't be much chance of buying in at these crazy low low prices... sentiment has a terrible habit of moving from very negative to very positive very quickly.