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Royal Mail Shares

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  • Hi,
    piniroo wrote: »
    Im new to this but logged into shareview to sell and no At Best option to sell. Only At Limit ( which gives an error message of selected ) and a Stop Loss option ( which I haven't tried ) Is this because its too late in the day? Do I need to wait until Monday morning when trading starts again to see the At Best option?
    Any advice would be good please.

    dealing stops at 4.30, open again 8.30 Monday morning.
  • theGrinch
    theGrinch Posts: 3,133 Forumite
    Part of the Furniture 1,000 Posts
    there are better, more reliable and lower cost services than the royal mail without unions bully boys and that is the threat for the business.
    "enough is a feast"...old Buddist proverb
  • Ologhai
    Ologhai Posts: 239 Forumite
    Part of the Furniture 100 Posts
    Colin297 wrote: »
    Gutted

    I sold my 227 shares via post - send it out on Monday afternoon via recorded delivery. Shares were about 520p when posted.

    By close of business on Monday and reopening they dropped to as much as 470p. Lowest of the week. Tuesday was a crap day. They steadily rose thereafter.

    Wouldnt you know - my post got delivered all the way from N.Ireland to England between Mon afternoon and Tuesday morning. I know because i checked the recorded delivery. I had assumed they'd take a few days.

    So basically, since my post was quick, they sold for about 480p instead of 5.30p +. Over £100 in difference.

    Bit gutted lol

    There's a well-documented human tendency to care more about losses than equivalent gains. Research seems to suggest this bias--as well as it can be established--as being about two-to-one, so we're more saddened by a £100 loss than we would be made happier by a £200 gain.

    In your case, you're gutted because you perceive you've lost about £100 instead of being elated because you've actually gained well over £300 since buying the shares!

    It seems we humans are a strange bunch (although I do understand where you're coming from). :)
  • Colin297
    Colin297 Posts: 111 Forumite
    Ologhai wrote: »
    There's a well-documented human tendency to care more about losses than equivalent gains. Research seems to suggest this bias--as well as it can be established--as being about two-to-one, so we're more saddened by a £100 loss than we would be made happier by a £200 gain.

    In your case, you're gutted because you perceive you've lost about £100 instead of being elated because you've actually gained well over £300 since buying the shares!

    It seems we humans are a strange bunch (although I do understand where you're coming from). :)

    So true lol

    To be honest, i'm not "gutted", just a bit dismayed at the price fluctuation on the one day my certificate would have arrived for sale at equiti. I feel a little unlucky in that regard but such is life!
  • tuk
    tuk Posts: 113 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    theGrinch wrote: »
    there are better, more reliable and lower cost services than the royal mail without unions bully boys and that is the threat for the business.
    I can post a letter in Land's End to arrive in John o' Groats a few days later for 50p ...what other service is more reliable for less money?
  • I saw a program on that, they have to use a helicopter at some points. Because its a monopoly they can pull off some tricks not feasible otherwise, I believe they still lose money on highlands mail though.

    Who would regulate RM as a private company, I missed the license part. Obviously the London part is a cash cow
  • 2010
    2010 Posts: 5,468 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    RM has three prime sites in London surplus to requirements valued up to one BILLION pounds that it can sell.

    JPMorgan valued RM up to 10billion before the float.

    The Government's remaining stake is now worth just under £2bn and is likely to be sold next year.
    I doubt it will be priced at 330p :D

    This share will keep going up because there`s too many want/need it.
  • halwise
    halwise Posts: 666 Forumite
    Is there anybody still awaiting their share certificates from Equiniti?

    I phoned them up this morning and said they's been posted from Worthing on the 17th October.

    :cool:
  • Froggitt
    Froggitt Posts: 5,904 Forumite
    2010 wrote: »
    RM has three prime sites in London surplus to requirements valued up to one BILLION pounds that it can sell.

    JPMorgan valued RM up to 10billion before the float.

    The Government's remaining stake is now worth just under £2bn and is likely to be sold next year.
    I doubt it will be priced at 330p :D

    This share will keep going up because there`s too many want/need it.
    If JPMorgan really thought RM was worth £10bn, they would currently be bidding £9bn for them, ie £9 a share, and end up £1bn in profit.
    illegitimi non carborundum
  • Halwise.

    Pretty sure that everyone who asked for a share certificate has recieved it by now so if yours has not arrived then either it has been lost in the post (ironic) or you actually have shares in the nominee account and should have recieved an email about your shares. I would double check with Equiniti if I was you.

    As far as I know they charge £42 for a replacement cert, however if you have never recieved the first one then I dont see how they can charge you for something you have not got. Good luck and keep us informed of how it goes with them.
    halwise wrote: »
    Is there anybody still awaiting their share certificates from Equiniti?

    I phoned them up this morning and said they's been posted from Worthing on the 17th October.

    :cool:
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