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Royal Mail Shares

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  • CLAPTON wrote: »
    somewhat fits the public sector stereotype : overpaid and with an entitlement complex.


    He has to pay for the extra shares and you want employees to own their own company, it is a positive.
    If you dont want public sector big business then someone volunteering to own it privately is not the target you should be shooting down

    RM is private owned right today, so this is an employee financing their own company. Marx would be spinning!
  • dickieg
    dickieg Posts: 725 Forumite
    Glen_Clark wrote: »
    By posting at 10.16am when you should be busy delivering mail you seem to be confirming that impression ;)
    A lot of people think being a postman is easy and only a few hours work involved, long gone are the days of early finishing. In Basil74s defence, today could be his rolling day off, which will mean while other people on here will be posting at 10.16am on Saturday morning he will be busy delivering mail etc. I too am a postman and have purchased some shares as, as been said the more postman that buy shares the more they will want to make the privatisation work, hence boosting the profits up etc
  • custardy
    custardy Posts: 38,365 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    dickieg wrote: »
    A lot of people think being a postman is easy and only a few hours work involved, long gone are the days of early finishing. In Basil74s defence, today could be his rolling day off, which will mean while other people on here will be posting at 10.16am on Saturday morning he will be busy delivering mail etc. I too am a postman and have purchased some shares as, as been said the more postman that buy shares the more they will want to make the privatisation work, hence boosting the profits up etc

    A day off?
    How easy do these posties want it?!

    ;)
  • oftm
    oftm Posts: 34 Forumite
    dickieg wrote: »
    A lot of people think being a postman is easy and only a few hours work involved, long gone are the days of early finishing. In Basil74s defence, today could be his rolling day off,

    Looks like Monday was another 'rolling day off'. The guy's a machine. :T
  • grizzly1911
    grizzly1911 Posts: 9,965 Forumite
    He has to pay for the extra shares and you want employees to own their own company, it is a positive.
    If you dont want public sector big business then someone volunteering to own it privately is not the target you should be shooting down

    RM is private owned right today, so this is an employee financing their own company. Marx would be spinning!

    TSB is even better now being sold for a second time.
    "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 Muruganantham
  • Glen_Clark
    Glen_Clark Posts: 4,397 Forumite
    dickieg wrote: »
    A lot of people think being a postman is easy and only a few hours work involved, long gone are the days of early finishing. In Basil74s defence, today could be his rolling day off, which will mean while other people on here will be posting at 10.16am on Saturday morning he will be busy delivering mail etc. I too am a postman and have purchased some shares as, as been said the more postman that buy shares the more they will want to make the privatisation work, hence boosting the profits up etc

    Thats why I used the ;) icon
    I've experienced the Spanish postal 'service' so Royal Mail would have to get a lot worse before I started slagging it off.
    (If you put the wrong stamp on an envelope in Spain there is no faffing about asking the recipient to pay the extra. Your letter just goes straight in the bin :mad: )
    “It is difficult to get a man to understand something, when his salary depends on his not understanding it.” --Upton Sinclair
  • When is everyone planning to sell?

    Straight away in the 'conditional' trading period?
    When 'proper' trading commences 4 days later?
    Never?
  • dickieg
    dickieg Posts: 725 Forumite
    oftm wrote: »
    Looks like Monday was another 'rolling day off'. The guy's a machine. :T
    He might work the alternative pattern as i do, which is called a "1 in 6" which means you do 5 weeks of 6 days and then have the 6th week off. Or he might just be on holiday
  • latecomer
    latecomer Posts: 4,331 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    jamesrae wrote: »
    When is everyone planning to sell?

    Straight away in the 'conditional' trading period?
    When 'proper' trading commences 4 days later?
    Never?

    I imagine many people will be looking for a quick return, hoping that the shares will jump once trading starts. I'm considering applying for a limited amount but with a view of long term holding if there isn't a quick return.
  • I'd compare it to DLG last year but with a strike it's more likely to jump down then up. The reason to buy is its long term viability and it seems reasonable as a utility type share, ultimately boring but ticks over a nice return hopefully.
    Its not going to be like BG, its not that exciting
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