Royal Mail Share Discussion Threads

[sr2day] 29/3/2020 21:15

rayfenn,what is the NAV then.

[tubbs64] 29/3/2020 21:06

True..... but nor is it only worth what Irelands are saying.

[rayfenn] 29/3/2020 21:01

Tubbs64


NAV is not 462p


Even if it was it is a meaningless figure as nobody would pay anywhere this figure for the business and its assets.

[tubbs64] 29/3/2020 20:56

Smartie you are obsessed with 80p..... I will send you 20p to round it up to a pound.

[smartie6] 29/3/2020 20:18

It’s possible but I liked 80p.

[tubbs64] 29/3/2020 20:17

That will be a bargain given the NAV is 461.9p

[rayfenn] 29/3/2020 19:51

W H Ireland have a valuation of 65p here now.

[smartie6] 29/3/2020 19:43

Trump worries about the market and so does Boris. They’ve thrown everything to sustain it.

[tubbs64] 29/3/2020 19:29

I would have thought the vast majority go into work, do their job, then go home and don't think about the share price from one end of the day to the other..... why should they...... most have sold their shares at the first opportunity. ..... those that haven't sold don't have enough shares to be concerned about the share price..... 900x28p =£252..... big wow!! People have more in life to worry about at the moment... or haven't you heard there is a viral pandemic out there?

[sr2day] 29/3/2020 12:01

from 600p down to 120p.80% down.i doubt it will go down further but one never knows with the stock market.however i think this will recover swiftly with all the actions taken to reduce costs and go digital.

[smartie6] 29/3/2020 11:43

About time something fkn did.

[tubbs64] 29/3/2020 11:31

Why will 80p focus the workers minds?

[smartie6] 29/3/2020 11:21

SR2day, this hasn’t even fallen so badly as yet. This has been protected whilst all other shares have crashed. Time to see a move down. 80p will focus workers minds.

[sr2day] 29/3/2020 11:10

this will recover.parcels delivery will explode.this is where the big money is going to be made. more drivers will be required than postmen who gradually will be scaled down considerably.

[smartie6] 29/3/2020 11:06

He’s correct.
Going to need a pass to leave the house otherwise you’ll be tasered or gunned down.
Don’t answer back a police officer or arrested. Powers to the mentally weak and corrupt?
FFS, we are truly fkd.
Postal workers will be given PPE before doctors.
This is going to be 80p soon.

[creditcrunchies] 29/3/2020 10:59

as long as the workers don't strike there are a lot of positives for this business, you look at the roads 'Stay at home essential travel only save lives' on every overhead sign. Motorways completely empty except lorries carrying food. People at home having to get EVERYTHING delivered now. Soon there will be police road blocks, my daughter has an 'essential worker' permit without that you will get fined it's coming.

[diku] 28/3/2020 21:52

Yes I remember few years ago reading on one of the threads about JP Morgan and Silver...not followed since then so what was the outcome?...

[tubbs64] 28/3/2020 16:15

I thought the country was on lock down because of a viral pandemic Lefrene.

[liamroy] 28/3/2020 14:53

Pretty busy at my delivery office today more than average parcels looks like Amazon sending more parcels through royal mail

[lefrene] 28/3/2020 14:48

ignoble the current mess is down to not reinstating the Glass-Seagall Act, thus the reserve Banks have been gambling with client money on a spectacular scale, using $650 billion to hold positions of $230 trillion. Like a chap in a bookies using £65 to open positions with a liability of £23,000. Then when it goes wrong he walks out into the street and starts mugging the public to cover his debts, and the policeman helps him to do it! That's the main reason we are all on lock down, there needs to be an excuse for the economic disaster that's heading down the road. It's not by chance that JP Morgan and chums have been accumulating silver these past three years. There's going to be a re-set, no doubt a good few essential industries will get nationalised in the process.

[ignoble] 28/3/2020 14:37

Way back then
Everyone was buying stocks on margin, maybe as little as 5%
Doesn't take much to see how it all went pear shaped...
Stocks fall, no one has the money to pay their losses and it all comes crumbling down as their losing positions are shut down and the loss taken by Brokers and Banks
Not too dissimilar to today where margin requirement on Futures, CFD's and the like are fractions of the purchase price

Whenever it goes wrong, the ability to pay back loans is usually at the heart of it
Imho

[tubbs64] 28/3/2020 14:04

The Great Depression was caused by over speculation on the stock markets that lead to a market crash which then resulted in a run on the banks and monetary contraction magnified by the gold standard. Then followed a decrease in international trade and the imposition of tariffs.

[tubbs64] 28/3/2020 13:46

What utter rubbish! The depression wasn't caused by poorly paid miners refusing to take a pay cut....... complete codswallop!