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Royal Mail Shares?


Tracker

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I have looked at it and decided not to bother. It is oversubscribed tho' so others think it worthwhile.

 

I suspect it is down to individual attitude to risk and reward.

 

My take is that the thing only became viable when the Royal Mail pension black hole was taken over by Government. Which whilst of dubious value to the taxpayer is obviously of enormous value to future RM Shareholders.

 

But this has the unfortunate knock on effect of keeping the Government at the table.

 

But the biggest issue is the simple one that transactions on the whole no longer require snail mail.

 

So RM needs to move and move significantly faster than it has demonstrated that it has so far been able to.

 

So overal I see it as bit of a Curettes egg - but with more bad than good.

 

 

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Guest Peter James
CliveH - 2013-09-28 9:50 AM

 

I have looked at it and decided not to bother. It is oversubscribed tho' so others think it worthwhile.

 

I suspect it is down to individual attitude to risk and reward.

 

My take is that the thing only became viable when the Royal Mail pension black hole was taken over by Government. Which whilst of dubious value to the taxpayer is obviously of enormous value to future RM Shareholders.

 

But this has the unfortunate knock on effect of keeping the Government at the table.

 

But the biggest issue is the simple one that transactions on the whole no longer require snail mail.

 

So RM needs to move and move significantly faster than it has demonstrated that it has so far been able to.

 

So overal I see it as bit of a Curettes egg - but with more bad than good.

 

 

There is a lot to dislike and to worry about. The taxpayer, of course, will be heavily out of pocket having taken on pension liabilities far above what we will get for the shares. RM shareholders are committed to future pensions liabilities and employment conditions more generous than RMs competitors. The Government has reduced the current value of RM by arguably 'encouraging' industrial action. But all that is reflected in the share price. I might have a punt.

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Guest Peter James
Peter James - 2013-09-28 12:55 PM

The taxpayer, of course, will be heavily out of pocket having taken on pension liabilities far above what we will get for the shares.

 

Looking at it further I can why they had to do that. The gap between private and public sector pensions is huge and widening. The private sector cannot afford to pay public sector pensions, so if RM is to be privatized then the oft quoted 'Nationalizing the losses and Privatizing the profits' is the only safe option for RM employees. Royal Mail clearly does not earn enough money to pay its public sector pensions liability. The only people who might have bought RM with the pensions liability attached would have been asset strippers who would have bought it for a pittance, stripped its assets, then when it went bust they would have defaulted on its debts. Just like they did to Rover cars.

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Peter James - 2013-10-07 8:25 AM

 

Peter James - 2013-09-28 12:55 PM

The taxpayer, of course, will be heavily out of pocket having taken on pension liabilities far above what we will get for the shares.

 

Looking at it further I can why they had to do that. The gap between private and public sector pensions is huge and widening. The private sector cannot afford to pay public sector pensions, so if RM is to be privatized then the oft quoted 'Nationalizing the losses and Privatizing the profits' is the only safe option for RM employees. Royal Mail clearly does not earn enough money to pay its public sector pensions liability. The only people who might have bought RM with the pensions liability attached would have been asset strippers who would have bought it for a pittance, stripped its assets, then when it went bust they would have defaulted on its debts. Just like they did to Rover cars.

 

Spot on

 

 

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Guest Had Enough

The decline in letter post is a minor problem for the Royal Mail and I suspect that it may have even plateaued now. Many people have used email for a long time and companies, where possible, also use it if it's appropriate. However, marketeers know that nothing beats the written word and there are still many documents that we must have as hard copies, so snail mail will continue for a long time, if not forever.

 

Where the analysts I read hit the nail on the head is the expected explosion in small packets and parcels as more and more people buy online. One analyst I take notice of talked of a 'licence to print money' for a privatised and more efficient Royal Mail.

 

I decided that RM shares would be a very good buy and applied for a large number. Unfortunately I'm not going to get any as they have kicked out all applications over £10K, which I think is pretty mean. I didn't expect to get the whole lot but was looking forward to a percentage.

 

And of course what makes them even more attractive is the likely dividend yield of about 6%.

 

So, there is no doubt that they were a very good buy and anyone who suggested that they wouldn't be really didn't give it much thought.

 

 

 

 

 

 

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Tracker - 2013-09-27 7:14 PM

 

Seeing as how we have been paying for Royal Mail's inept management and bolshovic and ludite unions for so long now may be the time to get our revenge?

 

Worth a dabble maybe?

 

Can't be any less rewarding than buying an expensive van with built in faults can it?

Don't buy a british van then, with it's built in faults. :D
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donna miller - 2013-10-11 5:45 PM

 

Anybody else find it crass and uncouth when people brag about their finances in public?

It usually means they haven't a pot to piss in, Donna. :D
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Guest pelmetman
donna miller - 2013-10-11 5:45 PM

 

Anybody else find it crass and uncouth when people brag about their finances in public?

 

Last time I put my hand in my pocket I found a couple of nuts and a well used willy 8-)..............times is hard :-S............I must stitch up my pockets :D

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Guest Had Enough
RogerC - 2013-10-11 6:44 PM

 

So pleasing to read someone who is so 'flush' has been stiffed..........it's made my day.  :-D

 

I'd already worked out from your previous contributions that you're the kind of person who takes pleasure in the misfortune of others. I'm just surprised that you're so stupid as to trumpet it!

 

But you must try to keep up! No one got 'stiffed' as you so delicately call it. I applied for something, wasn't successful, end of story!

 

I just thought that people might like to know that you can't always trust the advice of those on here who claim to be financial experts! ;-)

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Guest Had Enough
peter - 2013-10-11 9:13 PM

 

donna miller - 2013-10-11 5:45 PM

 

Anybody else find it crass and uncouth when people brag about their finances in public?

It usually means they haven't a pot to piss in, Donna. :D

 

Naughty boy, of course I have a pot to p*ss in and as you'd expect, it's a Ming vase! ;-)

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Had Enough - 2013-10-12 11:11 AM

 

peter - 2013-10-11 9:13 PM

 

donna miller - 2013-10-11 5:45 PM

 

Anybody else find it crass and uncouth when people brag about their finances in public?

It usually means they haven't a pot to piss in, Donna. :D

 

Naughty boy, of course I have a pot to p*ss in and as you'd expect, it's a Ming vase! ;-)

 

'Ming'?? Did I not read that that dinsosaur has just quit as an MP, so he can retire to the Lords and be another drain on the taxpayer.

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Guest Had Enough
Dave225 - 2013-10-12 11:22 AM

 

Had Enough - 2013-10-12 11:11 AM

 

peter - 2013-10-11 9:13 PM

 

donna miller - 2013-10-11 5:45 PM

 

Anybody else find it crass and uncouth when people brag about their finances in public?

It usually means they haven't a pot to piss in, Donna. :D

 

Naughty boy, of course I have a pot to p*ss in and as you'd expect, it's a Ming vase! ;-)

 

'Ming'?? Did I not read that that dinsosaur has just quit as an MP, so he can retire to the Lords and be another drain on the taxpayer.

 

You've got it all wrong again I'm afraid. You're confusing Ming with Menzies. The Menzies dynasty came between the Tang and the Sui. The Ming was much later.

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Had Enough - 2013-10-12 11:47 AM

 

Dave225 - 2013-10-12 11:22 AM

 

Had Enough - 2013-10-12 11:11 AM

 

peter - 2013-10-11 9:13 PM

 

donna miller - 2013-10-11 5:45 PM

 

Anybody else find it crass and uncouth when people brag about their finances in public?

It usually means they haven't a pot to piss in, Donna. :D

 

Naughty boy, of course I have a pot to p*ss in and as you'd expect, it's a Ming vase! ;-)

 

'Ming'?? Did I not read that that dinsosaur has just quit as an MP, so he can retire to the Lords and be another drain on the taxpayer.

 

You've got it all wrong again I'm afraid. You're confusing Ming with Menzies. The Menzies dynasty came between the Tang and the Sui. The Ming was much later.

 

I stand corrected, and there was me thinking Menzies was the newsagents in the High Street, but then again, they have gone to. Mind you we always pronounced it 'Mingies' which is similar to 'mingen' which about sums up the Libs.

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Had Enough - 2013-10-12 11:09 AM
RogerC - 2013-10-11 6:44 PMSo pleasing to read someone who is so 'flush' has been stiffed..........it's made my day.  :-D
I'd already worked out from your previous contributions that you're the kind of person who takes pleasure in the misfortune of others. I'm just surprised that you're so stupid as to trumpet it!But you must try to keep up! No one got 'stiffed' as you so delicately call it. I applied for something, wasn't successful, end of story!I just thought that people might like to know that you can't always trust the advice of those on here who claim to be financial experts! ;-)

 

HE.....unless you can enlighten me I don't recall ever having expressed taking pleasure in others genuine misfortune so until you can do so I'll ignore your inflammatory remark....and continue (this time) to enjoy the fact that someone who has the brass neck to post/brag about not getting £10k, or was it more? worth of shares was 'stiffed' and rejoice in the fact that the 'little guy' got what he/she/they wanted.

 

Maybe as you didn't get to tie up your £thousands you might like to consider investing it in a course of therapy to help you stop being an irritating git.

 

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peter - 2013-10-11 9:06 PM

 

Tracker - 2013-09-27 7:14 PM

Can't be any less rewarding than buying an expensive van with built in faults can it?

Don't buy a british van then, with it's built in faults.

 

Very few of the British made parts ever give any trouble - it's mainly the foreign built base vehicles and all the installed components that are the perenial pain in the proverbial.

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Guest Had Enough
RogerC - 2013-10-12 12:05 PM
Had Enough - 2013-10-12 11:09 AM
RogerC - 2013-10-11 6:44 PMSo pleasing to read someone who is so 'flush' has been stiffed..........it's made my day.  :-D
I'd already worked out from your previous contributions that you're the kind of person who takes pleasure in the misfortune of others. I'm just surprised that you're so stupid as to trumpet it!But you must try to keep up! No one got 'stiffed' as you so delicately call it. I applied for something, wasn't successful, end of story!I just thought that people might like to know that you can't always trust the advice of those on here who claim to be financial experts! ;-)

 

HE.....unless you can enlighten me I don't recall ever having expressed taking pleasure in others genuine misfortune so until you can do so I'll ignore your inflammatory remark....and continue (this time) to enjoy the fact that someone who has the brass neck to post/brag about not getting £10k, or was it more? worth of shares was 'stiffed' and rejoice in the fact that the 'little guy' got what he/she/they wanted.

 

Maybe as you didn't get to tie up your £thousands you might like to consider investing it in a course of therapy to help you stop being an irritating git.

I'd love to chat but truth is I find your brand of constant whinging pessimism about everything far too depressing.
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Guest Had Enough
Tracker - 2013-10-12 12:08 PM

 

donna miller - 2013-10-11 5:45 PM

 

Anybody else find it crass and uncouth when people brag about their finances in public?

 

 

 

YES!

 

But so often in character.

 

I would have expected no less from you Tracker, but consider the facts. I mentioned the £10K figure because that was the cut off for whether or not one was allocated shares. If you think that someone having £10K or more to invest in shares is somehow boasting then I feel sorry for you. I'm sure that you could do the same if you were so inclined.

 

How is mentioning that I may have wanted to buy a few shares any different from the large number of people on here who tell us that they've bought a new motorhome, usually costing a lot more than £10K? I wouldn't consider that bragging, I'd just consider it them telling us that they've bought a new motorhome.

 

I'f I'd really wanted to brag I might have mentioned how many I actually applied for, but I didn't and, as I said, the £10K figure was mentioned for an obvious reason.

 

And of course if many people had posted as I did there'd have been no reaction, but of course there are always a few sad people who jump on the chance to have a dig at someone they've clashed with in the past. This despite you always claiming that you don't carry anything forward from old spats into new ones. No, of course you don't! ;-)

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I don't feel the need to justify my actions to you or to anyone else, but am unsurprised at your response, not to Donna or to anyone else, but aimed only at me. Speaks volumes about your attitudes.

To anyone with any financial savvy it was always on the cards that the small investor would be favoured which is why several members of our family how have 227 shares each!

It has nothing to do with your past actions as it was simply a response to Donna's observation about you never missing the opportunity to brag about your alleged wealth on this and other threads.

That said, you have once again not endeared yourself to many people since rejoining.

You may wish to reflect that there have been many occasions when you have poked your nose into a thread just to have a go at someone.

So just to confirm that as well as egotistical, obnoxious and arrogant I, like many others, find you crass and uncouth.

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Tracker - 2013-10-12 12:45 PM

 

I don't feel the need to justify my actions to you or to anyone else.

It has nothing to do with your past actions as it was simply a response to Donna's observation about you never missing the opportunity to brag about your alleged wealth on this and other threads.

That said, you have once again not endeared yourself to many people since rejoining.

You may wish to reflect that there have been many occasions when you have poked your nose into a thread just to have a go at someone.

So just to confirm that as well as egotistical, obnoxious and arrogant I, like many others, find you crass and uncouth.

 

First of all I never mentioned anything about my 'wealth' until CliveH accused me of not having the brains to be a businessman as I had claimed in various posts about business.

 

Since it has emerged (not from me) what I am I have only ever mentioned my business to compare myself with him and to prove the point that I can't be all that stupid if I've built up a decent-sized firm in a very tough trade.

 

I have never mentioned my worth, my home, any investments etc. etc.

 

And whilst we're at it I find you nasty, slimy, and deceitful in your constant underhand stirring whilst at the same time claiming innocence and the usual 'it was only a joke' routine.

 

And if anyone reads Motorhome Matters it appears that many others have the same views about you and constantly urge you to change your ways. Unfortunately, as they have said, it's hopeless, it's clearly your nature.

 

You really need to be very careful Richard before you start accusing anyone of anything. Your own record on here is nothing to be proud of and I find it surprising that you haven't got the brains to refrain from insulting others when you must know that they will simply retaliate by pointing out your very unpleasant shortcomings.

 

 

 

 

 

 

 

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