Royal Mail Shares

jacko74

Has anyone got any opinions/predictions on what may happen to the price if they do make it on to the ftse in December?

Klambo

marvin wrote: »

And if some of the chatter is proved right on shares message boards you may have missed out on another £400!

There are lots of hotheads saying it will be £5.50 on Tuesday.....

I have heard that too, If it does get to £5.50 or even to £5.00 I will be kicking myself that I didn't wait a little longer.

I have also read that after 12 months the price might settle to around £5, so it may actually be worth buying more Royal Mail shares when the price dips in a few weeks time.

Then again I might win tonights lottery......and all this Royal Mail share price speculation becomes inconsequential:D!

Klambo

jacko74 wrote: »

Has anyone got any opinions/predictions on what may happen to the price if they do make it on to the ftse in December?

It will go up.

2010

It really makes you wonder why the government paid £21 MILLION to so called advisors and they came up with a range of between 260p and 330p, which on the face of it after yesterday`s close, seems absurd.

Shouldn`t we get a refund.

nashly

How did people trade on Friday without a certificate ?

sabretoothtigger

Theres a difference from bulk sale and a limited market, the gov has to price for bulk. You cant just walk into every warehouse and call them mugs because down the road the supermarket is selling this stuff at twice the price mate

£5.99 eh? ..& when it goes to ftse that might rise to £7.

Overcooking it there. If it went to 5.99 its because its going in the ftse, and when it gets there you can bet it'll tail off in interest as almost every fund in the country will have had their fill.

300 out of 700 funds were denied any RMG shares as shares were given to the larger retail demand instead, apparently

How did people trade on Friday without a certificate

you can trade anything you like on good faith. I can sell a barrel of crude oil, i have none why not a simpler thing like rmg

nashly

you can trade anything you like on good faith. I can sell a barrel of crude oil, i have none why not a simpler thing like rmg[/QUOTE]

So you can trade but not sell without a certificate, is that what you are saying ?

Doshwaster

nashly wrote: »

How did people trade on Friday without a certificate ?

If you have a nominee trading account with a broker then you never get a certificate.

marvin

daisbuys wrote: »

Interesting you say that, as seen some expert on the news who released the following statement:

P.J. Davies, head of the Quest analysis group at investment bank Canaccord Genuity Ltd., said his firm agrees that Royal Mail was sharply undervalued. "Our view is that the company is worth 599p a share--that's an 82% upside to its 330p issue price," Mr. Davies said. "We have a buy recommendation on Royal Mail for our institutional clients."

If RMG is worth £5.50 Resolution at £3.25 is a bargain, bigger potential dividend (assuming it is not cut) at 6.5% and I think Resoloution is a risk share where there is potential for capital loss just as I think there is for RMG.

If Resolution is valued at £3.25 with a 6.5% divi then £3.30 is about where RMG should be, shouldn't it?

ps2659

Does anyone know the grey market price for Royal Mail shares tomorrow looking to sell before Tuesday.