Member Info for Redceo

I'm sure that any reasonable person would see the benefit of Ponty taking the decisions he did during the worst of the Pandemic.
No reason for negativity. Ponty has stated his reasoning and the benefits are clear to see. If he also benefited financially good luck to him. Why on Earth would anyone think otherwise?

Ace. Very simple, you like it here and it's only money. Same for me been a holder for an eternity. However I have my core holding and trade the balance ;-)

Financial Mail:
Royal Mail has been one of the pandemic's big winners but there are signs the good times may be over as parcel delivery numbers slow.
Fears of a slowdown have hit shares, which are down 30% on their 3-year high 
Royal Mail has been one of the pandemic's big winners with shoppers relying on its postal workers to deliver online shopping orders during lockdown. 
The benefits of the ecommerce boom have been borne out in the company's share price, which since the start of the UK's first lockdown in March last year has soared by over 245 per cent. 
However, there are signs the good times may be over as parcel delivery numbers have slowed amid the easing of Covid restrictions, a trend the company expects to continue. 
Online deliveries remain elevated as some shoppers are still hesitant about venturing out to the High Street. But fears of a slowdown have hit the shares, which are down nearly 30 per cent on their three-year high of 606p reached in June. 
Investors, therefore, will be laser-focused on parcel volumes when the firm posts its half-year results on Thursday to see just how well deliveries have held up during the transition out of lockdown. 
Costs will also be a key point of interest as Royal Mail tries to make up for years of under investment and rewire its business for the age of online retail. Spending on its UK operation alone is expected to be well over £400million next year. With letters a dwindling form of communication, the firm's future hinges on its ability to become a reliable delivery partner for the likes of Amazon. 
There is also the spectre of labour relations, with an agreement between management and unions due to expire.

We are of similar minds then. I picked more up today at 431. Days ago I got in circa 425 but so close to reports it's not going down there again IMHO.
No doubt it will dip after though :-)

Carrington, that's a voice from the past for sure. Will be interesting to learn if you do indeed decide to dip back in here.
Bit extra income elsewhere which I have used here today and doubled up on the holding that I picked up days ago.

I'm in at 425p :-)

Beat. I have no doubt your personal input is above and beyond that which can be expected of you. Just ensure you stay healthy. Best wishes everyone.

Royal Mail has and is suffering from the result of various individuals, staff or management, who are unwilling/incapable of performing their duties to the standard required.
Add to this the corruption of various financial entities and you have a recipe for disaster.
This is happening currently but is not affecting all locations quite simply because there are staff and management who would always be able to hold their heads high and quite simply do their jobs to the best of their abilities.
So no need to use words like "ashamed" if your doing what's expected of you.

Chill. Agreed it reads well, very positive. Let's hope for good news.

Hi Oli, of course we agree. It's difficult to draw any other conclusion when countless events have proved the point.
Sadly I find it impossible to consider this stock as a long term hold these days. If your in profit you can be sure it won't continue.
So my thinking currently is take your profits when you can and await a further opportunity.

What was going on yesterday??
Closing price here 426.20 whereas elsewhere
434.05 now opened showing yesterday's low price.
Something decidedly underhand I suspect.

09-Nov-21 17:09:24 434.05363 -199,634 Sell* -866.52k O
09-Nov-21 17:23:21 434.05362 86,371 Sell* 374.90k O
09-Nov-21 17:23:04 434.05361 34,554 Sell* 149.98k O
09-Nov-21 17:22:54 434.05362 78,709 Sell* 341.64k O
09-Nov-21 17:50:56 427.70 3,917 Buy* 16.75k O
09-Nov-21 17:24:04 434.191 218,776 Buy* 949.91k O
09-Nov-21 18:09:00 432.673 5,167 Buy* 22.36k O
09-Nov-21 18:08:59 433.765 6,658 Buy* 28.88k O
09-Nov-21 17:57:04 431.079 831 Buy* 3,582 O
09-Nov-21 17:48:34 427.985 53,651 Buy* 229.62k

Apologies for typo (picked up a quantity in the 320's today. )
Should of course read 420's

I picked up a quantity in the 320's today. Was not overly impressed at close to see the price shown here. 426.20.

I suggest DYOR, for example :-
434.05 GBX +0.55 (0.13%)today
9 Nov, 17:09 GMT

Drunk. Thanks for the further confirmation.

This summer I was contacted by an agent who advised a would be buyer of my villa wished to pay with bitcoin. Rightly or not I politely declined. I like the feel of notes :-))

Hefon. Thanks for the information.

It was my belief that the shares were cancelled more or less simultaneously. However I read somewhere recently that they had not yet been cancelled. Perhaps to keep the SP artificially low. Unfortunately can't recall where I read, so don't assume it's correct info.

The difference being that Ofcom have a mechanism to fine RMG if they aren't performing as agreed.

J P Morgan comment is interesting, as is the fact that they were shorting here as recently as 2020.
Knowing RMG frequently drops it's long term holders in the mire. I decided last Thursday to offload my recently acquired stock at a decent profit.
Not beyond the realms of possibility that they may return to the 420's for a 2nd bite. If not my sale locked in a decent profit.

Maybe Ofcom cares, we shall see ?