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Royal Mail privatisation... Would you?
Comments
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grizzly1911 wrote: »....The best customer service I have received recently was from an Indian Bank. The "manager" offered me tea and biscuits (from a tin).
That was not just a 'tin'. That was their safe.0 -
My concern is that I want to invest big - maybe £75,000 worth - and stag them.
My experience of these things is that it will be oversubscribed and just those applying for the minimum £750 worth will get them! Which makes it pointless really.
I'm still going for the £75,000 worth and stag - but get the wifey to apply for £750 so I have both ends covered.
Why can they not make the minimum amount something decent to make it worthwhile - a minimum of £10,000 would be sensible.
have you considered that ppl with 100 x less money than you might consider the potential profit on a £750 investment worthwhile?
i wouldn't usually suggest putting less than perhaps £2000 in a single share, due to dealing costs, but there's no buying commission to pay here, so £750 isn't so crazy.
am i remembering correctly that some previous privatizations gave a higher priority to ISA applications? so that might be a better way to make larger applications.0 -
Taxpayers are picking up the pension shortfall ...... sorted.
It is making a healthy profit ...... sorted.
It has fantastic assets in property ...... sorted.
I will fill my boots, dip my bread and REJOICE in my Xmas profits.
Losers potificate over the details - winners grab and run .....
Can you clarify how much you are investing in this fabulous business. I think it would be fun to track how much richer you get in the coming months.0 -
chewmylegoff wrote: »Can you clarify how much you are investing in this fabulous business. I think it would be fun to track how much richer you get in the coming months.
£75000 stag apparently, on the sensible thread, well it was before it turned up."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Loughton_Monkey wrote: »That was not just a 'tin'. That was their safe.
Better than an RBS one then."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
scousemouser43 wrote: »Not true they will still have to deliver 6 days a week as they are under license to carry this out.
Until they go to the regulator and say that they can't make sufficient profit for [STRIKE]dividends[/STRIKE]reinvestment and that they need to drop deliveries or increase price disproportionally."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
DHL, UPS and many other parcel delivery companies. They are in competition with these companies already but whose to say what the future holds as prices are squeezed as new entrants become involved in this expanding business.
Do these companies potentially have to deliver to every address 6 days a week?
Until recent price increases and government doctoring and pension liability removal RM wasn't making any money so there will be a limit to how far any operator can cut costs, make a return and provide the at service.
If you cherry pick where and when you deliver and charge more for inconvenient locations it makes it easier. A bit like private healthcare."If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
AIUI the Govenment botched the part-privatisation a few years ago. The market for sorting mass-mail was opened to competition, but the last mile delivery wasn't. Which means the mass-mail bit (where the profit is, customers like banks, utilities etc) is creamed off by people like UKMail, and the expensive bloke on a bike is a cost that RM has to bear.
Just count how many envelopes have Royal Mail stamps/franks on them compared with UKMail etc.
I haven't read the terms of the privatisation, but I'd be wary for this reason.
PS Monday deliveries is for junk mail, probably the most profitable part...0 -
I am waiting for more details to emerge but I have set aside £1000 for buying into this offer, I might increase that or even abandon the idea but final decision has yet to be made.0
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Losers potificate over the details - winners grab and run .....
Well it isn't a race to buy them, it isn't as if you are buying them now while we are reading up on the details, and the value of the shares will depend upon the details and of course specifically the price.
I'm certainly interested in knowing more, not because of any great interest in the Royal Mail itself but because of the possibility that it will be priced to sell and represent good value. The better the price looks the more I will buy, but of course the sting in the tail is that the higher the value, the more we are likely to be restricted when they match the applications and the shares to allocate.Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop0
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