Member Info for Redceo

Showing a 2.48% rise so far today

Big, a very sensible post thank you. My thoughts entirely in line with what you have written.

I also bought in a bit early yesterday same today @471 but these latest two buys have made a nice reduction in my average.

Trading update Royal Mail plc (RMG.L) is providing an update on trading for the half year to 23 September 2018 and on outlook for the 2018-19 financial year. Financial headlines1 · UK parcels business performing well. UK parcel revenue and volume up six per cent in H1 2018-19. Revenue and volume growth for 2018-19 now expected to be better than 2017-18. · GLS revenue up an estimated nine per cent in H1 2018-19. Labour market and other cost pressures are impacting margins more than anticipated. · Unchanged medium-term guidance of addressed letter volume decline of four to six per cent per annum. Addressed letter volume down seven per cent in H1 2018-19, primarily due to marketing mail. On this basis, anticipate a similar decline for the full year. · UK productivity performance significantly below plan at 0.1 per cent in H1 2018-19. Expect the full year performance to be significantly below target (upper end of the two to three per cent range). · As a result, 2018-19 cost avoidance target lowered from £230 million to £100 million. Implementing a range of short-term cost actions. · Now expect Group adjusted operating profit before transformation costs to be in the range of £500 million to £550 million on a 52 week basis. · Strong balance sheet and long-term cash generation characteristics support commitment to progressive divi

ISLEWORTH: Your "gotta be a stonking buy" Saturday was good call, up almost 3% today.

483.00 nice start to the week

Getting back to RMG. It's getting busier and busier. Still a good buy for the less risk averse and look at the yield. Gotta be a stonking buy. Good idea Isle.

The old girl got of her knees and recovered a bit today. Others carping on as usual would do well to remember " He who laughs last laughs longest"

Mad , I'm sure you know far far more than I about the inner workings of RMG. However my opinion differs regarding nationalization. Granted the union did as you say and all power to their elbow. However it was shareholder rebellion that worked the Oracle with Longs pay. My point being that RMG needs both to keep it on the straight and narrow. Irrespective of political beliefs do you really trust any government to run RMG. They can't organise a ##### It's pure hogwash that shareholders will be liable to lose their investment, but would you sign up to posties losing their shares. Agree or otherwise but for sure ignore the w###er Arse.

How splendid to be filtered, arse really is well named.

my thoughts exactly.

474.10 :-)

(Reuters) - Royal Mail Plc (RMG.L) said Peter Long would step down as chairman of the British post and parcel services company with immediate effect and be replaced by Les Owen. The company said Long had concluded he could no longer serve as non-executive chairman of Royal Mail and as executive chairman of British estate agent Countrywide Plc (CWD.L). Long has faced shareholder revolts at both firms. Royal Mail shareholders rejected a pay package for senior executives in July, while Countrywide abandoned plans in August to revamp its incentive package for directors after meeting top investors

it didn't.

lol.
I'm looking forward to a short respite. Sadly can't see it lasting.

With you on that Falk.

Cracked record comes to mind. Although a vast holding that rewards 2k in 3 weeks won't be moving the share price one iota lol

Cracked record comes to mind.

Not at all surprised to hear that PP.

492.50 there.