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Royal Mail privatisation... Would you?

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Comments

  • marvin
    marvin Posts: 2,187 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker I've been Money Tipped!
    cos wrote: »
    Dontcha just love quoting yourself? :)

    Anyways, just transferred £750 to the old Halifax sharebuilder account. Let's see if the potential 35 - 40% increase happens and I get a £300 windfall! I took the cash from a fund that's stagnated over the last year so anything at all will be welcome.

    Ditto (except the sharebuilder bit) had to liquidise most of my shares and get the cash into a bank account to satisfy government import rules on wives so hoping for some sort of decent return above 20% then selling not hanging on for dividend. If it goes up 30% and gives a divi of 6% but drops back to 20% gain no point holding for the divi as you make more selling at the 30%.

    As they say the first profit is the best profit longer term it is far too risky.

    I totally disagree with the sale of Royal Mail and hope a future government has the balls to re-nationalise without compensation. (they won't all parities too afraid to upset their friends in the banking and insurance set) But as it is being sold anyway may as well make a profit have done too much cutting my own nose off due to principles.
    I started with nothing and I am proud to say I still have most of it left.
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    edited 7 October 2013 at 7:43AM
    Everyone here seems to be talking about stagging RM shares (selling immediately for a quick profit because the price will fall afterwards.)
    If everyone else is thinking the same the shares will not rise above their issue price because all we will see will be sellers, not buyers.
    (I believe in Warren Buffet's advice; don't buy anything you wouldn't be happy to keep for 10 years)
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • 2010
    2010 Posts: 5,509 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Glen_Clark wrote: »
    Everyone here seems to be talking about stagging RM shares (selling immediately for a quick profit because the price will fall afterwards.)
    If everyone else is thinking the same the shares will not rise above their issue price because all we will see will be sellers, not buyers.
    (I believe in Warren Buffet's advice; don't buy anything you wouldn't be happy to keep for 10 years)

    Institutions and funds will buy because they won`t be allocated enough.
    There`s a good divi promised so income funds especially will want more.
    If they go into the Ftse in Dec., trackers will need them too.

    They`ll be the ones taking Buffy`s advice.
    Joe Public just want a fast buck.
  • 2010
    2010 Posts: 5,509 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Last minute dash for Royal Mail shares as City speculators set to make millions
    A late rush to buy shares in the Royal Mail was under way on Sunday night, with investors predicted to enjoy an instant profit of up to 40 per cent.





    http://www.telegraph.co.uk/news/uknews/royal-mail/10359459/Last-minute-dash-for-Royal-Mail-shares-as-City-speculators-set-to-make-millions.html
  • richto
    richto Posts: 821 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    IronWolf wrote: »
    I send plenty of parcels and have never once used Royal Mail. They are always among the most expensive couriers and the pricing is far too complicated.

    They are usually cheapest for very small items - and also for larger items to many international locations via Parcel Monkey / Parcelforce.
  • Mr_Benn
    Mr_Benn Posts: 371 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    2010 wrote: »
    Last minute dash for Royal Mail shares as City speculators set to make millions
    A late rush to buy shares in the Royal Mail was under way on Sunday night, with investors predicted to enjoy an instant profit of up to 40 per cent.





    http://www.telegraph.co.uk/news/uknews/royal-mail/10359459/Last-minute-dash-for-Royal-Mail-shares-as-City-speculators-set-to-make-millions.html

    Is this realistic or just paper gossip ?

    I am thinking of buying simply to sell straight away as I dont really have the cash to invest long term anyway.
    Guess the other edge is will everybody get the minimum anyway ?
  • cepheus
    cepheus Posts: 20,053 Forumite
    edited 7 October 2013 at 9:48AM
    It's a bit like a national lottery for the rich isn't it? (Mid price Grey market around 400p)

    The difference is you might lose but chances are you will gain, rather than the other way round.

    Reminds me of this quote:
    Gambling promises the poor what property performs for the rich-something for nothing.
    George Bernard Shaw
  • 2010
    2010 Posts: 5,509 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Mr_Benn wrote: »
    Is this realistic or just paper gossip ?

    Well a Labour minister was on the TV moaning RM has been under valued by about one BILLION.
    Also RM has prime sites they can sell off in London for another BILLION.
    Further more they don`t have to pay corporation tax for years.

    Typical Tories selling off the family silver cheaply.
    Although Brown the clown sold off the gold for next to nothing.
  • MrRee_2
    MrRee_2 Posts: 2,389 Forumite
    National Lottery for the rich? Hardly - it's just £750 to get your big xmas bonus! Less than a weeks pay for most - for a return of 6% after 6 months OR a big 40% windfall if stagged - NO BRAINER!
    Bringing Happiness where there is Gloom!
  • Mr_Benn
    Mr_Benn Posts: 371 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    I am looking at only applying for the minimum £750, and looking to sell straight away . Slight concern is will that be scaled back because of the over-subscription.
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