Royal Mail Share Discussion Threads

[petralva] 31/3/2022 12:09

Yeah, but we are not part of unite!

[mo123] 31/3/2022 11:56

Think I'll wait to see what happens - Unite is preparing an industrial action ballot, which could see workers strike next month.

[tuftymatt] 31/3/2022 09:51

In at 340.
Think it could go lower short term but will average down if necessary as the divi is strong and growth in the share price will come again.

[isis] 29/3/2022 14:38

Many of the Analysts went to the same Schools as the Hedge Funders - just saying. ;))

[isis] 29/3/2022 14:37

This has had nothing but negative news since the start of the Year and the shorting started.

[tuftymatt] 29/3/2022 14:18

Well done careful and I wish I had got in this morning now at 342!!

I think it has a good chance of recovering too but that drop this morning was quite a big one and certainly spooked me into doing nothing!!

[careful] 29/3/2022 12:52

just topped up today, these are undervalued.

I am guessing that within a few months we shall be drowning in oil and the price of fuel and inflation will fall. Both effect RMG sentiment.

Also hoping that the management can get a sensible wage settlement with CWU that is not too crippling to the business.
Never can RMG be accused of being P&O.

[tuftymatt] 29/3/2022 10:24

Thanks Mo123, 275p is quite a drop if it does indeed fall that far.

I will sit on the sidelines for a bit longer I think.

[tuftymatt] 29/3/2022 10:10

Do you have a link to that Mo123?

May have been tempted in earlier if I were around but would like to see what you are referring to first.

[mo123] 29/3/2022 09:52

DB doesn't like this one.

[tuftymatt] 28/3/2022 16:11

Yeah I am waiting on this one at sub 350p.

I think its unloved right now but not down and out. Good divi and upside eventually IMHO.

[careful] 24/3/2022 15:46

A ruthless culling of higher paid management jobs in recent times.
Against that, more difficult to improve operational side because of fear of CWU.

Undervalued, all the talk of RMG being worth £8 per share soon evaporated.
This recent fall seems overdone.

[isis] 16/3/2022 11:06

It's unfortunate that many people and some staff still see this as a Public Sector entity when it's not.

[riverman77] 16/3/2022 10:32

Lord loads - on your point about letters, I think you misunderstand the nature of this part of the business. They are subject to the Universal service obligation under which they are required to provide postal services. If they had the choice they would probably exit this business altogether as it is in rapid decline. The best they can do is to agree prices increases to cover their costs, and it's pleasing they've have beens able to agree this.

[isis] 15/3/2022 16:33

I think we are down the lower end as regards to postal charges in the EU

[lord loads of lolly] 15/3/2022 16:15

Partly a sign of the times. But equally a sign of the spiralling cost. Cause and effect.

[isis] 15/3/2022 16:09

I don't think they can force people to send Letters, that's just a sign of the times as we all know.
Have the share buybacks stopped?

[lord loads of lolly] 15/3/2022 16:07

riverman77 - you say "the fact that they are able to agree an increase in stamp prices is a good sign". I say "the fact they consider it sound business to increase stamp prices whilst demand for letters continues to plummet is a very bad sign". But then you'd expect no less from Royal Mail management. They're hopeless. Failed to innovate significantly for decades (I mean, manual sorting still widespread in this day & age). Failed to tame their strike-obsessed unions. Now in terminal decline, offering an ever-poorer, ever-pricier service to customers. And no, I don't work for any of their competitors, though I took our company business away from them over a year ago & never looked back.

[riverman77] 04/3/2022 19:53

Well that's part of the reason for the rise - fewer people sending letters means it becomes more expensive due to lower densities. The fact that they are able too agree an increase in stamp prices is a good sign. Of course, most of their revenue now comes from parcels, but here they in charge of prices.

[geckotheglorious] 04/3/2022 17:52

Riverman

People still send letters?

[riverman77] 04/3/2022 16:36

Stamp prices to rise by 10p (big increase in percentage terms). As I suspected, rising wage and other costs will simply be passed through to higher prices - rather undermines the bear case put forward by Liberum and others recently.