Member Info for Redceo

Divi will be ok this time I'm sure of that. Around May we should have results of a decent Christmas period but the shorters will probably find plenty of ways to link RMG with Brexit. It won't be a quick fix but it's fixable, as you say Divi is essential.

Hi Crystal nice to see you back. Difficult times but they will end best of luck.

Interesting article in Saturday's Financial Times answers a question I posed and got no response "In addition to a new pension scheme and wage increases, Royal Mail pledged to bring down weekly working time from 39 hours to 35 by 2022 with no pay cut, subject to successful trials of productivity initiatives" To me this reads that if productivity is down it could affect the pledges on the working week etc

Beet, He said ..."RMG is about 1.5% of my portfolio" thats why.

Mad you must be cock a hoop now all those shareholders losing money. Even if it means your shares too. Maybe the company will be taken over. The Union will show them what's for huh!

Is it a prerequisite that someone had to be thick before being promoted. Surely they can't all be lazy and thick?

"if quite the number of share will need to find homes on the 15th as previously expected" the situation is now totally different and only those that have no choice for whatever reason will sell. Roll on for an Amazing Christmas.

Gazza, Only lost if you sell.

Big P you have style better change your name to big gonads lol

My pleasure and enjoy.

Wk despite more years than I care to remember in stocks, I also have those OMG! moments. The only people that always manage to buy bottom or sell top are the fantasy players that post here and 4.70 is fine in my opinion. We will go beyond that in a while just be patient and when you get panicky just eat ice cream it's great for relaxing the mind. Be lucky

Last time we were considerably down I held all the way to unloading some at 6.28 remember the profit/loss is not while your holding it's crystallized at the point of sale.

I agree with you both and not a case of SP dropping as result of an outside source.

PP, From those already committed yes but is it your view that many will sell at these reduced prices?

STUM, As the dividend was specifically mentioned (as below) it will be assured at least for 2018 and IMHO for some time to come. "strong balance sheet and long-term cash generation characteristics support our commitment to our progressive dividend policy"

I'm in complete agreement with you both. Have previously read your comments on the shorts with interest JB.
Thanks for the good wishes which are reciprocated.

The Times reported that hedge funds were sitting on a paper profit worth tens of millions of pounds following this week’s sell-off in Royal Mail shares. The newspaper noted that according to filings with the Financial Conduct Authority and aggregated by Castellain Capital, six funds hold a combined 5.7 percent ‘short’ position in the postal operator. The short-sellers, which include BlackRock Investment Management and GLG Partners, are estimated to be sitting on paper profits in the region of £60 million.

Mike "habit of dropping when perfectly acceptable results are announced"
The shorters love this stock as we see at the moment, so many new faces on the forum all of a sudden.
Good news is that to close their positions they have to buy the stock back.

Beet, was the pay rise in any way subject to conditions , target's etc? IMHO, Black will ensure the May 2019 report is a good one.

You and many others no doubt regret not buying MrD. There are some spouting the end of the world is upon us. I saw the drop got good impression of what a heart attack must feel like etc. Then put my brain into gear and decided Mr Black likes to play hardball. Made a couple of good sized buys and now will let them do what they will as I prefer long term gains and a decent Divi. You may well look back at today's SP and regret sitting on your hands. As they say "he who dares"