Royal Mail Shares

A_Flock_Of_Sheep

These are a buy to hold. Silly fools who sold in haste

standinman2009

A_Flock_Of_Sheep wrote: »

These are a buy to hold. Silly fools who sold in haste

I agree I did post a message that I'd spoken to a buyer for a fund and that he thought that true value was about £5.50 ,I hate to be proven right I'm too hanging onto my shares !

danfearn77

Ive got to admit i bought on the basis of making the quoted £250 profit. I was then going to sell. But im holding on. For how long im not so sure. Of course they are rumoured to join the FTSE and announce a rise in profits but the threat of industrial action looms. I know its an impossible question, but how high could these go? (Based on peoples experiences)

ChopperST

I can't see the industrial action affecting things too dramatically, its already priced in. The post office needs to modernise and the unions are fighting a loosing battle I'm afraid. It is not a skilled workforce and in the current climate there are many others who would be willing to take their place, its the world we now live in unfortunately. Your local postie could well be Romainian / Bulgarian come January.

The value of the company will rise / fall depending on how well they modernise. Their current strength is their infrastructure, whilst dated it's second to none in terms of location and value in real estate terms. The cost of posting letters I would imagine will rise above inflation but this will not be the core business much longer. They need to become more competitive in the parcels market - if they win that battle then they've won the war.

Its how shareholders money that is spent from this sell off and the future sell off that will dictate the rise / fall of RMG...

nick74

A_Flock_Of_Sheep wrote: »

These are a buy to hold. Silly fools who sold in haste

They are worth holding onto, but personally that was never my intention. I had some surplus money in my current account at the start of the month, thought the RM shares were worth a punt and applied for the minimum, then sold straight away and made £330. I have other priorities at the moment like paying down my mortgage asap. That's £330 I'm not going to be charged interest on every month for the next 20 years.

latecomer

I have no idea if they are worth holding long term - I suspect they are but I admit to doing no active research before signing up for the IPO and convincing OH to do the same. OH will sell her allocation shortly and I'll probably keep mine for the forseeable future.

We dont need the profit from the OH's shares but OH is at lot more risk averse than I am when it comes to our cash. Probably a good balance between us

We are also looking to pay off our mortgage relatively soon despite not necessarily being the best thing for our long term finances.

nick74

Who can really say what position Royal Mail will be in 20 years time. I doubt very much that base rates will still be 0.5% then though!

Vortigern

2010 wrote: »

Also send by registered mail.

It's called "Special Delivery" these days, as any RM shareholder would know ;-)

hadders93

I sold my share certificates through Equiniti at 509p and have just received the letter enclosing a CREST form that I am to send back along with my certificate.

Can anyone more knowledgeable than myself offer some insight into what parts of the share certificate I return? I assume I don't have to include the "Bank Mandate Form for Dividend Payments", but do I leave the counterfoil at the top of the share certificate attached, and if not do I fill in my bank details on it (nb: I opted to be paid by cheque).

mcscoty1973

I can only speak for myself. I send my CREST form off to X-O and I removed the counterfoil because clearly it is not part of the certificate and this is the only bit they are interested in.

From memory that bank details are to be used for dividend payments, but in your case, you will not be getting any dividend anyway.

hadders93 wrote: »

I sold my share certificates through Equiniti at 509p and have just received the letter enclosing a CREST form that I am to send back along with my certificate.

Can anyone more knowledgeable than myself offer some insight into what parts of the share certificate I return? I assume I don't have to include the "Bank Mandate Form for Dividend Payments", but do I leave the counterfoil at the top of the share certificate attached, and if not do I fill in my bank details on it (nb: I opted to be paid by cheque).