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Royal Mail Shares
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sabretoothtigger wrote: »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.
It's probably the most successful postal system to date, a model which was successfully exported to many other countries ..I think they were able to create a monopoly because of this system not the other way around ..before this system, sending a letter from A to B was complicated, chaotic & expensive.Hill's famous pamphlet, Post Office Reform: its Importance and Practicability, referred to above, was privately circulated in 1837. The report called for "low and uniform rates" according to weight, rather than distance. Hill's study showed that most of the costs in the postal system were not for transport, but rather for laborious handling procedures at the origins and the destinations. Costs could be reduced dramatically if postage were prepaid by the sender, the prepayment to be proven by the use of prepaid letter sheets or adhesive stamps (adhesive stamps had long been used to show payment of taxes, on documents for example). Letter sheets were to be used because envelopes were not yet common; they were not yet mass-produced, and in an era when postage was calculated partly on the basis of the number of sheets of paper used, the same sheet of paper would be folded and serve for both the message and the address. In addition, Hill proposed to lower the postage rate to a penny per half ounce, without regard to distance.[18] He first presented his proposal to the Government in 1837.
Anyway the point is, even with unions no other private mail service has been able to offer a cheaper more reliable service.0 -
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.
You're probably right, but I didn't invest because I have faith in the current business model -- I invested because I have faith in the RM's ability to evolve into a more profitable, adaptable business. It will take a while, and yes, the "union bully boys" may well try to obstruct the inevitable and generate a lot of hot air in the process. But ultimately I believe these challenges will be overcome.
Just my view -- I may turn out to be wrong of course. Let's wait and see."I don't mind if a chap talks rot. But I really must draw the line at utter rot." - PG Wodehouse0 -
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
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An percentage of this should be given to the Royal Mail pension plan to make up for the £2billion RM have just pinched.I have a deep burning indifference0 -
Noticed RM intro'd a new small package option today.
http://www.royalmail.com/newsmallparcel
Decided to try competing again?0 -
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).
Turns out my "sale request" wasn't actually processed until WED 23/10 instead of TUE which meant i sold for 5.19
Proceeds = £1,166
Delighted with that!!0 -
How long did x-o take to register shares? Mine arrived yesterday morning however still in sign on my accountSaving for a deposit!
BOUGHT JULY 2015!:jSwagbucks - £75
TCB - £701.640 -
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
This share will keep going up because there`s too many want/need it.
Source?
I dont see why the government would let them keep £1bn in land and keep it quiet...Faith, hope, charity, these three; but the greatest of these is charity.0 -
Must be hard to hide Mount Pleasant......illegitimi non carborundum0
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Source?
I dont see why the government would let them keep £1bn in land and keep it quiet...
You don't sell an asset because it exists on the balance sheet ! and certainly not an appreciating asset that will be worth more in 5 years time than it is today!
Although in saying that this assume's that management are not dysfunctional and are working in the long term best interests of the shareholders0 -
Mine and others were there the day after they received them so with any luck you have them now.bigfellathanks wrote: »How long did x-o take to register shares? Mine arrived yesterday morning however still in sign on my account0
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