Royal Mail Share Discussion Threads

[careful] 25/6/2020 08:19

£10.84bn turnover and they can't even make enough to grow the business.

these businesses are destroyed by the unions, they kill off any future and jobs of future generations by their short term demands.

[wilc42] 25/6/2020 08:13

Horrible for those out of work. But for too long this giant has been pandering to the unions. WAke up, it's not 1975 and union power is not there to give you a job for life. Our postman is fantastic, more like him and it's a success, unfortunately having briefly worked for RMG, it's jobs for the boys and very weak management This should go north of 220 by End of summer

[careful] 25/6/2020 07:44

at last they are making the changes required.
hold.

[sr2day] 25/6/2020 07:38

forward looking is positive.

[casino444] 25/6/2020 07:36

good bad and ugly we know why rico left , what way is this going now 140p or 200p

[badg] 24/6/2020 16:47

Well..The die is cast.I'm in and will just have to deal with any consequences tomorrow.

[casino444] 24/6/2020 14:16

I do hope so , I have never seen so many people posting parcels as there has been in the last few months ,

[sr2day] 24/6/2020 14:09

fingers crossed we shall see a positive report .

[badg] 24/6/2020 13:07

My postman continues to tell me how busy it is with the increase in parcel volume. I only hope it translates to better results. Quite nervous about tomorrow's results. Have held throughout this virus so won't be disposing of my shed load

[lefrene] 24/6/2020 09:03

If they manage to separate the parcels from the mail business, then the mail side will just perish unless the government permits some obvious changes. You don't have to spend long in a mail depot to see where the waste is taking place,

[encarter] 24/6/2020 08:36

What overhaul? It's back to business as usual now that CWU broke Rico's back.

[careful] 23/6/2020 17:41

Radical overhaul of RMG currently taking place by new ceo.
This 500 year old business will shrink with far fewer jobs.

Parcels rule, letters dying.

[zztop] 23/6/2020 17:15

Think that's the idea

[badg] 23/6/2020 16:47

What are blackrock doing? Is this accumulation or disposal? I'm being thick probably but don't really understand the holdings/forms

[casino444] 23/6/2020 16:18

If it does happen just Part of the business being sold off I would think , can’t see Royal Mail being sold as one lot , funny if China post put an offer in don’t think the unions would like that , more staff will have to start working

[zztop] 23/6/2020 16:09

Bid cometh?

[casino444] 23/6/2020 15:54

you picked out the good ones then ??

[spurslegend1] 23/6/2020 05:57

Jefferies is cautious on the outlook for Royal Mail (RMG) after the shares recovered half of their falls.

Analyst David Kerstens retained his ‘underperform’ recommendation and target price of 120p on the shares

[badg] 22/6/2020 18:40

Interesting..I see Blackrock have increased their holding. From over 3 to under 5%. I suspect that was the almost 10ml trade on Friday 19th... not a sale at all.In fact there were also several other over 2.4ml share trades that day too, after trading hours, reported

[badg] 22/6/2020 11:31

What? No UT?? Don't understand that

[geckotheglorious] 22/6/2020 08:15

Royal Mail’s full year results cover the period up to the end of March – and so will show little sign of the damage the coronavirus outbreak and accompanying lockdown has done to the business. Nonetheless we know the current conditions are hitting the company hard.

The CEO is gone and Chairman Keith Williams has temporarily stepped in at the top. With letter volumes collapsing and the larger number of parcels unable to make up the difference cost control will be key. Unfortunately staff absence, social distancing and PPE costs have had the opposite effect – with costs set to rise in the short term.

The less than positive position has led to speculation that Royal Mail may consider breaking itself up – splitting off the more successful international business – or indeed get bought out itself. Those are certainly possibilities. However, the more pressing question is what can be done to improve efficiency.

Royal Mail had already committed to an expensive capital investment project which includes automating parcel sorting – although that will take time and poor relations with unions could also make it difficult to achieve. Williams may well feel he needs to do more quicker.

[badg] 19/6/2020 17:37

Wow! That was a massive massive trade at the close, almost 10 million shares ... is the Czech upping the ante ?