Fruitster's well documented, blinkered outlook.27 Feb 2020 18:36
Fruitster has been completely wrong about Royal Mail's financial prospects regarding the "Five Year Plan" right from the very outset. He has constantly bombarded this site with all manner of statistics and monetary distractions concerning RMG's ailing fundamentals and the shadowy markets forces that prevail upon them...but has consistently failed, indeed, has been loudly decrying, the one most important cause of this most recent dramatic share price collapse (and as we all know, this is second occasion over the last couple of months that we have witnessed the same such collapse) -- the threat of industrial strike action by the CWU! This is the cause of this stocks initial and continuing reversal in price, commencing well before coronavirus was even talked of, not, coronavirus per se -- but the threat of a huge and crippling strike!!! What it comes down to regarding you, Fruitster, is this: you have presented yourself here as some kind of financial guru, an ex city slicker who made a pile out of trading stocks... unfortunately however, (unfortunately for your own image and personal wealth that is) just as most of us here, and we talking about the greater majority, you got it well wrong. Most of us, just like you, took a chance and gambled on Royal Mail and the CWU being able to resolve the many differences between them...it did'nt come off. But, unlike most of the rest of us...you just cannot accept the fact that you were badly mistaken in all your calculations. Oh dear...very sad. How well I remember that much repeated mantra of yours: "the effects of strike action have been priced in"...and that was when the s.p was in the £2.20 - £2.50 range. You got it wrong this time, Fruitster...dead wrong I might add. Tough! Now, like everyone else has to -- live with it!!!
P.s And as for being rude, Fruitster, you really do need to look at all the posts you yourself have posted over the last several months...you and that other self-important, deluded "know-it-all", Redceo. You are a pair together...and a foolish and extremely rude pair I do have to say.