Share Name Share Symbol Market Type Share ISIN Share Description
Royal Mail Plc LSE:RMG London Ordinary Share GB00BDVZYZ77 Royal Mail Plc
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -18.00 -3.04% 573.80 575.60 576.20 594.20 572.40 594.00 6,792,252 16:35:15
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Transportation 12,638.0 726.0 62.0 9.3 5,738

Royal Mail Share Discussion Threads

Showing 11851 to 11873 of 12375 messages
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Plastic boxes explains why the packaging has changed, they won't fit into lockers, i never really probed him on it as he was stressed about few things unrelated. But at least the lost business is not being executed very well.
brut winky
JoeSay, The parts come out of an automated warehouse in Leicester, which is not run by RMG. Various hauliers collected from this warehouse, presumably trunking to RMG depots? Everything is in standard grey plastic boxes, each postcoded for the end delivery. The Bristol area had it's own British Gas, RMG/Parcel Force depot at Yate, a secure unmarked building. The loads are collected about 9pm from Leicester, delivered to Yate about midnight, and then broken down to individual van loads for early morning distribution. I believe other gas/plumbing firms were serviced from the same site, ie the goods from the Leicester warehouse were not 100% exclusive to BG.
Motley Fool trolling a bit today about RMG and M&S, they must be about fully retraced from the impulse move, like the phrase they used dirt cheap, they were neutral really, which given the price action lately with interest from investors I'm taking it as a hold to buy recommendation as who it was by is usually more bearish.
brut winky
Joe Say: Yes they packaged the parts, sounds like they pretty much ran the whole process, from receiving the orders to delivering to the door with BG having little input altogether, they must order the parts from a supplier and hold common replacements in stock. I never mentioned i was a holder he just started going on about it randomly in conversation, and was very positive about his experiences with RMG, and all the other engineers were having similar problems.
brut winky
Just to put things into perspective a bit for the newbes free stock charts from What are RMG doing to stop Covid-19 on letters and parcels being posted express next day delivery ???
Did RMG package the parts as surely that's where the issue lies?
joe say
I was talking to someone who works for British gas as a service engineer, they used to use RMG for distribution of parts to the engineers, now they use an outfit that drops all the parts at lockers at their local Tesco's, he was not happy, new circuit boards that where wet, also wrong parts in scabby packaging. RMG used to do home delivery that was always correct and packaged well, the new lot are not cutting it. As for the share price, it looks about stable after the retracement of 32%, so if it holds from here it's in a strong uptrend really and with an existing holder building their holding.
brut winky
It looks like Amazon no longer uses Royal mail for returns where there is a local hermes drop off?
im out....something wrong here heavily shorted and 3 days plus going down
This is rubbish everything down...unless you were lucky enough to get cna invp rmp iAG bp. mtro banks ...just not worth it this game utter shyte
Hold me back, CEO just bought 47 shares, must have saved a few quid on the eat out £10 cash back ?
Whatever changes were made, not a lot of happy customers in this forum: Https://
Royal Mail tracking page will be down for unscheduled maintenance .....but for TWO DAYS?? Https:// They claim it was 'planned' but no notice was given.
lefrene: It doesn't look like that freedom will come, only in the form of asset strip or uklp left to shrink to nothing over next ten, while the new boss extracts all FCF into GLS along with parcel force, wouldn't be surprised if Rico Back isn't lined up to run it. CreditCrunchies: ran out cash beginning of year after topping up twice at around £2.10, shame, six weeks later could of done well. Still confident will make a decent profit overall one way or the other.
brut winky
we're in the money now lads everybody that kept loading up at the lows are being handsomely rewarded now almost a double bagger
Brut Winky, The Post Office has the same civil service culture of RMG, commercial common sense comes a long way behind protocols and procedures. In a civil service culture employees are focused on keeping their jobs by being seen to slavishly obey rules, even if those rules make no sense and damage the actual business. I agree the Post Office could be a much more successful operation, in the same way that RMG could be much more efficient, but it won't happen until genuine freedom to operate commercially arrives.
Bid cometh?
I hope the shorts get torn a new one
The Post Office Bank has nothing to do with RMG. It was owned by Bank of Ireland last time I checked.
Cash deposits at Post Office branches totalled £1.8 billion in July, marking a 27% increase compared with June. Meanwhile, cash withdrawals amounted to £607 million – a 13% month-on-month increase. At £817 million, business cash deposits were nearly two thirds (63%) higher in July than in June, the Post Office said. Business cash deposits were more than double the amount in July than they were earlier on in the coronavirus lockdown period during April, when more parts of the economy had been shut and deposits totalled £320 million. However, the amount of cash deposited by business customers in July was still down compared with a year earlier, with £1.1 billion worth of deposits in July 2019. Looking at personal cash deposits, the Post Office said that the value of these deposits has continued to increase month-on-month since April, and has now exceeded pre-Covid-19 levels. In July, £960 million was deposited in cash at Post Office counters, as people increasingly turned to the Post Office as a place they could deposit cash accumulated during the lockdown, the report said. Nick Read, chief executive at the Post Office, said: “Our data shows an encouraging growth in personal cash deposits but a slower return to pre-Covid-19 levels of cash withdrawals at our branches, which in part is likely due to the increase in contactless payments and the ability to withdraw cash at ATMs. “Nevertheless, being able to withdraw and spend cash on everyday essentials remains vital for millions of people.” Looking at deposits from business customers, Mr Read said: “Our ability to keep branches open throughout the pandemic attracted cash deposits from small business and independent retailers who found their traditional bank branch closed or operating reduced hours. “We expect to see a further increase in business deposits over the summer as the hospitality sector continues to open up.” Over 30 banks and building societies are part of the Banking Framework, which enables their customers to withdraw or deposit cash at any of the Post Office’s 11,500 branches. John Howells, chief executive of ATM network Link, said more than £1.5 billion is still being withdrawn from cash machines every week, even during the lockdown. He continued: “Covid-19 is undoubtedly reshaping how we pay for things and our relationship with cash, however, it is clear that the Post Office will continue to play a vital and growing role in the cash network, complementing the wider ATM footprint across the UK. “Consumers can now use the Link locator app and website to find their nearest free to use ATM and Post Office.”
brut winky
Should be some positive news this week between the union and RMG.
Yes, it has been toyed with and shorted to hell these last few months and so whilst it may do so again, I won't be too concerned if a few fingers have been burnt during the last few days; and this morning as I see 200 for the first time since February
on the other hand when they decide to close it will rise back to 250p.
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