Member Info for Redceo

Diary notes :-
Amount 6.7p
Dividend Type Interim
Ex-Dividend Date
Thursday December 02 2021
Pay Date
Wednesday January 12 2022

I thought it perfectly clear from my reply which was "MLI are tasked with obtaining the maximum number of shares within the budget agreed"
I understand you disagree with my thoughts. I have no intention of responding further.
As for the other comment "He likes you to think he’s an investor here but there’s always a bearish/negative undertone"
Ha ha, Redceo the bear :-)
I often post my dealings including recent which show purchases in the 420's happily in profit today.
I won't be responding can't be bothered.

459.80 GBX +21.80 (4.98%)today
18 Nov, 10:28
Looks like the jokes on you Hudson

The far...
Of course I'm not suggesting RMG will
do anything of the sort .
The contract is with MLI. Ordinary Shares acquired by MLI under this agreement will be simultaneously on-sold by MLI to Royal Mail.
They are tasked with obtaining the maximum number of shares within the budget agreed.
Watch and learn during the buy back.
Conversation at an end.

Of course they won't and it's not what I said at all.
Ordinary Shares acquired by MLI under this agreement will be simultaneously on-sold by MLI to Royal Mail.
MLI are tasked with obtaining as many shares as possible. I am not one for fantasy and suggest we sit back and watch.

Blockfire as per the report. :-
Interim dividend: 6.7 pence per share in line with policy;
· Expect to move towards a net nil cash position (pre-IFRS 16) over the next two years. Returning £400 million capital to shareholders: £200 million share buyback commencing immediately and £200 million special dividend to be paid alongside interim dividend;

You may not see the relevance but the stock price can and will be manipulated to the companies advantage if they do their jobs properly. That long term is to the shareholders advantage.

Blockfire.
After the buyback, one advantage is that any dividend the company decides to pay is divided among fewer shares.

£200 million share buyback will commence on 18 November 2021 and end no later than 19 July 2022.
The drawback to this is that it will be in RMG's interest to keep the SP as low as possible during this period, in order to maximise the volume of shares purchased.

Does anyone give credibility to the UBS reports. I certainly don't. Yesterday they decided today's RMG report would contain good and bad. What a revelation, my forecast is similar but I wish everybody a good day.

Casual. My thoughts very much in line with yours. The tight range makes for pretty dull reading but we shall see what transpires over time.

It's been trading in a pretty tight range other than when affected by results. Presumably that suits the buyback procedure.

You are optimistic then Hudson. Predicting low 400's now. Not so long ago you were suggesting 350's. As we know it advanced considerably after your predictions.
Let's be honest it could do anything with a bit of help from others. No need for ramping or otherwise from anyone. Thursday's figures could help with a rise if they are outstanding. Time will tell.

MHudson.
You may not have seen a recovery but it rose approximately 4p over the two hours following your post. It has dropped back but plenty of time to climb.

Agreed, but recovered quickly enough.

Tonysilverman
"Id love somewhere back around £6"

In which case Tony sell @ 599p

Fortunately I topped up at decent prices. However nothing can be taken for granted with RMG. When you think your O.K. is when they show how easy it is to take your profits. So I'm not laughing, maybe just smiling for the time being.

The troll with a similar name writes ####
and was why I reacted without thinking. Apologies!
He wrote this recently to another member :-
your an imbecile and a jealous bitter little twxt. And whats wrong with parties with loads of coke and loads of babes, good luck to them, I’d bet you would just love a dose of that instead of your fat ugly wife and poverty stricken shixxy little life haha.

Oooops, apologies PP.
Was thinking of a troll with similar screen name.

Enough now boys. Why not turn your guns on this idiot Postman Porsche instead. He deserves some stick.