Royal Mail Share Discussion Threads

[1224saj] 18/8/2020 17:20

Hold me back, CEO just bought 47 shares, must have saved a few quid on the eat out £10 cash back ?

[exotic] 17/8/2020 14:14

Whatever changes were made, not a lot of happy customers in this forum:

[exotic] 16/8/2020 12:39

Royal Mail tracking page will be down for unscheduled maintenance .....but for TWO DAYS??



They claim it was 'planned' but no notice was given.

[brut winky] 13/8/2020 16:54

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.

[creditcrunchies] 13/8/2020 15:22

we're in the money now lads everybody that kept loading up at the lows are being handsomely rewarded now almost a double bagger

[lefrene] 13/8/2020 10:05

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.

[zztop] 13/8/2020 09:58

Bid cometh?

[growthpotential] 13/8/2020 09:51

I hope the shorts get torn a new one

[careful] 11/8/2020 16:55

The Post Office Bank has nothing to do with RMG.
It was owned by Bank of Ireland last time I checked.

[brut winky] 11/8/2020 14:23

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.”

[herbyrainer] 11/8/2020 10:06

Should be some positive news this week between the union and RMG.

[badg] 11/8/2020 08:35

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

[sr2day] 11/8/2020 07:38

on the other hand when they decide to close it will rise back to 250p.

[pander45] 10/8/2020 23:09

The shorts on this are significant - avoid imho.

[mrthomas] 10/8/2020 21:09

Have held this share before looking at buying now if there be a div in sep any views am supised the PE still above 8 it looks as ifnet debt is about 1B

[mrthomas] 10/8/2020 21:09

Have held this share before looking at buying now if there be a div in sep any views am supised the PE still above 8 it looks as ifnet debt is about 1B

[badg] 10/8/2020 18:33

Am so happy with this close above 190.Any Chartists help out? Where to next?Should we expect a push above 200/205 to the sort of 220 area?I might even make money soon .. it's been a horrific few months

[heeley3] 10/8/2020 10:28

Off to the races? Finally the share price has emerged above the 200 day MA line and cleared 180, where it seems to have been a solid resistance. It has been hard work.

Most small holders like me are still well under water and will remain so for ever probably. Its only because it is very small holding that I have not bothered to cut losses.

[brut winky] 07/8/2020 09:53

It looks set for an impulse leg by the price action across multiple time frames. It certainly looks like all time lows have been established and it's in a firm uptrend.
Schroders are back long by the look of it, so maybe it will have a run.

[badg] 07/8/2020 08:29

It would be great if this was a flag back up above 2.05

[sr2day] 05/8/2020 11:05

we need a 10% daily rise to stuff the shorters.

[geckotheglorious] 05/8/2020 09:50

Interesting musings Brut.
Thank you for your thoughts :)

[brut winky] 05/8/2020 08:53

I have seen Schroders do that before back in the early 20's in a company they had a similar level of exposure, probably covering cost's of running the fund they're held in, looked like they also had a short position that they closed as well.
Blackrock did as well, but they opened the short position just before the results and closed it a couple of weeks after.