Royal Mail Share Discussion Threads

[grahamite2] 06/6/2018 11:56

I very much know what you're saying. As I said when I sold at 541, the long period below £4 cast a long shadow.

[oiht] 06/6/2018 11:34

Probably. I told myself I was going to buy back in sub 500p but now that it has arrived so suddenly I've got cold feet.

[grahamite2] 06/6/2018 10:58

Is there really anything more to the retrace than that it got ahead of itself, as someone put it? A 70% rise in 6 months was always a bit ridiculous.

[bubloo] 05/6/2018 22:44

thx saltraider

[saltraider] 05/6/2018 21:04

Bubloo ... I will offer my opinion if you insist but, if I were you, I would ignore it. My recent record on RMG is not good.

I called the last before this share price fall correctly and sold out at break-even. I was a happy investor ... impressed by my own prowess ... saved the day! On the first tick back up, I bought back in, taking advantage of the share price fall to increase my holding and expecting a comfortable ride on a firmly rising share price Since then, the share price has done nothing but fall, pretty much, and I am well out-of-pocket.

At the moment, my inclination is more towards selling up and cutting my losses. I can't really find a story to tell about RMG that convinces me any more. I can see the share is cheap but I can't see why it should be anything else but cheap.

Otherwise ... DYOR. I continue to hold but feel trapped, cheated and alone.

P.S. Never let your emotions interfere with your judgement ;-)

[exotic] 05/6/2018 14:44

It's my understanding those targets were missed mainly due to the heavy snow and freezing conditions throughout the UK during the winter.

I don't know if that would still be counted or excepted under service obligation rules.

As an online retailer, it certainly caused extreme chaos to my business, and I feel that could have been completely avoided if RM informed business customers regarding their revised last collection schedules. Even a couple of hours' notice would have changed everything. They have everyone's email address - but told us nothing.

[mbmiah] 05/6/2018 12:27

Mini-double bottom perhaps???

[bubloo] 05/6/2018 08:47

thx salt raider very useful. I suppose some sort of minimal fine if the have missed targets. I am a buyer. Your view about buying at this price please.

thx

[bubloo] 02/6/2018 20:14

Dear Saltraider what rns are you talking about. Ofcom concluded universal parcel service review in march 2017. Can you please elaborate as I was planning to buy Rmg as I see it as good value presently

[saltraider] 01/6/2018 18:17

Note also RNS today. Ofcom is to investigate RMG's apparent breaches of its universal service obligation. Regulatory risk is a serious issue for RMG.

[careful] 01/6/2018 14:50

A steady investment and a well run operation.
But the share price got ahead of itself.
Things can never be that dramatic in this industry.

[careful] 01/6/2018 14:18

I think Moya Green over promised earlier this year, after the settlement with the unions on pay and pensions.
Very confusing she talked about a profit of £680m which seemed a blowout number.
The market reacted, up to 630p.

The results came out and the pre tax profit was steady but nothing special and similar to last year.
Operation profit was what she was referring to previously, which similar to the previous year.

Then she gives notice.

[opilon] 01/6/2018 14:06

Is there any particular reason for this fall?

[oiht] 29/5/2018 09:05

I see a short term trend.

[mbmiah] 28/5/2018 23:56

It's very difficult to see a trend here.

[typo56] 25/5/2018 10:17

I think today's fall mostly due to the Berenberg downgrade (from hold to sell), citing risk of companies reducing marketing following introduction of GDPR rules.

[oiht] 25/5/2018 09:04

I don't think this fall is over yet.

[wipo1] 21/5/2018 20:00

I get the feeling rmg could be a takeover target. Just a gut feeling on price movement recently and results were solid but not brilliant.

[lefrene] 21/5/2018 14:19

saltraider I'm ignoring the local delivery aspect but referring to the long distance trunking. RMG operate like a railway, Mon to Fri the trucks run the same routine everyday, it is very easy to identify those returning (or arriving) empty, to know their destination and how much driving time the driver would have available.

I believe they currently don't seek extra revenue for return trips in order to keep things simple. A high proportion of their own employed staff only know their way from one depot to the next and do they same runs day in and day out. So I guess the potential for things going adrift are the barrier? Yes there are GPS's fitted to all their cabs but the driver cannot input a destination, only the transport manager can! The managers won't do it because there is a charge that they don't want to incur! Only a government department could pay a fortune for kit that nobody will use because they don't want to incur a usage fee! Perhaps the new highly paid head man would like to take a look a that little bit of lunacy?

[hvs] 21/5/2018 13:47

Forget the PENSION DEficit lets party.

[ccraig69] 21/5/2018 13:23

The ones with small depots. Well they could post them to it

[saltraider] 21/5/2018 12:44

Won't most of the empty mileage be in the local delivery operation? I suppose there must also be some pattern of tidal flow in its longer haul depot-to-depot operations as well, though. Origins/destinations will not be completely evenly spread at any level of the business.

There has to be some potential value in empty running but extracting it may be challenging and require the sort of imaginative thinking that probably isn't usually associated with RMG.

[lefrene] 21/5/2018 12:23

saltraider, RMG run huge amounts of empty mileage, it shouldn't be difficult to find returns loads but they make no attempt to do so. That would be an easy way to increase revenue.

[saltraider] 21/5/2018 12:02

I'm hoping RMG has had its hiccough and we will see a slow but steady recovery in the share price over the next few weeks. Hard to get very excited by this share ... but that might not be a bad thing. Maybe Rico Back can inject a bit more life back into the old RMG businesses.