Royal Mail Share Discussion Threads

[eaaxs06] 04/4/2021 08:45

Its just the closing auction of amalgamated dealer trades, djs, not a real trade. Its also what determines the closing price for the day.

Good luck everyone, Sid.

[djstevens8614] 02/4/2021 20:36

2.1m buy went through at 16:35 yesterday. Surely that's going to get it moving in the right direction come Tuesday.

[spagboll] 01/4/2021 16:17

I bought a few extra. My thinking being the announced 10p dividend is a 2% return so better to put my cash here than in the bank. Well it seemed a no brainer!

[charlie9038] 01/4/2021 15:02

Makes sense, That will mean next week should be good

[careful] 01/4/2021 14:48

CGT.
have they not heard of share ISA's?

[moorsie2] 01/4/2021 12:22

VESA will swoop in and mop up more at these levels...

[moorsie2] 01/4/2021 09:35

Big shake out for retail investors trying to bank cgt gains at end of tax year.

Sit it out

[lefrene] 01/4/2021 09:07

I notice that the steeply rising trend has now turned down, it's had a very good run.

[madjak] 01/4/2021 08:50

Regarding price decrease. Something which may or may not be significant. Because of the bank holiday today is the last trading day of the current tax year. It is a final opportunity for retail investors to realise capital gains.

[careful] 01/4/2021 08:29

Lockdown easing, some think deliveries may ease.
An over generous settlement to placate the CWU will cost and increase overheads.
Even the Deliveroo launch yesterday has made people re think that maybe everything will not be delivered.
People may even go shopping again to see and touch the goods.

Anything online and delivered has seen their shares rise under lockdown.
About equivalent to the dot.com bubble of 20 years ago.

[nemesis6] 01/4/2021 08:24

not sure is it something to do with ex div...for this one off 10p one maybe?

[sig1978] 01/4/2021 08:10

Whats with the decrease the last couple of days?!

[moorsie2] 31/3/2021 14:17

We agree to disagree and respectfully I say you have not been following the tribunal in Grenfell closely enough. The failings of our laisez faire regulatory system ( with the non compliance of ACE cladding products) is the central theme and gap

[geckotheglorious] 31/3/2021 14:16

Leffy

Moorsie is a Remoaner. That much is clear.

[lefrene] 31/3/2021 14:08

You seem determined to offer arguments that excuse protectionist behaviour of competitor countries that have postured as our friends whilst doing their level best to destroy our industry.

Others do carry mail in the UK including DHL, they could deliver door to door but it's much cheaper to drop it off at RMG distribution centres for RMG to carry out the very expensive 'last mile'. A lot of mail contracted to the likes of DHL and UK Mail often gets carried by third party hauliers. A common source of mail is utility companies, where a single deck trailer can carry 250k letters for which the carrier will likely make £50k for a modest 300 mile round trip, but will only pay the subbie haulier £1k or less. I've seen it from both sides having in the past employed circa 200 drivers myself.

The regulations re the workman were entirely bogus, since on the same site there were unqualified former East German workers. The real problem turned out to be that my brickies were several times faster than the German brickies, partly pure skill, and partly that German brickies quite literally cannot read plans and have to be directed by a foreman (whom they call an architect) every metre of the way. I solved the problem by setting up a new company and entering into a contracted price for the job, with my men on piece rates. You never saw a small block of eight flats get fired up so fast, the East Germans were pushed off the job for being too inefficient.

It was following regulations to the letter that brought about the Grenfell tragedy. Over regulation breeds a certain type of lawyerism, where the reasons for regulations get kicked into the long grass in favour of 'meeting the words of the regs' whilst deliberately overlooking common sense. Oddly enough the culture of Royal Mail is exactly that, a civil service mentality that likes to tick boxes without questioning if it is relevant or helpful to what they are doing.

[moorsie2] 31/3/2021 13:45

Lefrene

- only Royal Mail is licensed to distribute mail in UK. Most cou tries have this stipulation. Nothing restricts parcels

As regards regulations re skilled workmen, I am a huge advocate for this! Who wants to live in a house that has been shoddily built. Look at Grenfell debacle re light regulation on buildings!

[lefrene] 31/3/2021 13:39

Moorise2, I did contract work for RMG, and it was quite a bone of contention that RMG were not permitted to carry mail in Germany, only German nationals are allowed to carry German mail.

I have also had the experience of taking British construction workers to Freiberg only to be told by the police that a permit would be required for each worker, who was obliged to produce documentary proofs of a 7 year apprenticeship which must be translated into German but only by a native German! The permit might then take 6 weeks to 6 months! I had to resort to 'technical devices' to get my men working.

I had a similar experience in France which was solved with flattery and bribery.

I have no illusions about how protectionism operates in France and Germany, I suspect much of the EU is the same, why do you think all those Polish plumbers and sparkies come to the UK, it's because we were true Europeans, and not protectionist racketeers bent on rooking our 'friends'.

[moorsie2] 31/3/2021 13:02

More democratic than our House of Lords!

Inefficient how? It has facilitated the greatest growth period is Europeancountries since we plundered Colonies for resources ( human and mineral!)

[bluelynx] 31/3/2021 13:00

The EU is a totally inefficient bureaucratic and undemocratic organisation which will collapse for the above reasons.

[moorsie2] 31/3/2021 12:40

Lefrene - for a person with a French 'handle' your knowledge of workings of European countries is extradorinarily poor...

What regulation bans RMG operating in Germany? I will help you here - none

[lefrene] 31/3/2021 11:11

It's the EU slanted table that's so objectionable, ie only German nationals are allowed to carry German mail thus RMG not allowed in, but you will notice our roads still have DHL (German post office) trucks all over the place. That and some other 'spanish practices' were my reasons for voting out of the 4th Reich.

[moorsie2] 31/3/2021 10:52

I wonder are we seeing retail profit taking ahead of end of tax year....

Next Tuesday starts the new year so in the last two days of trading