Have you applied for Royal Mail shares ?

[Uncle C]

Yup,I have applied for some to put into my SIPP fund.
Capital growth may be a bit hesitant ,but the divis will be good.

In the first year.

 

[fat old seagull]

In the first year.

Depending, an awful lot of competition out there in parcels. And there will be little or no protection to the new owners regarding postal services once Govs not got its finger in the pie.

 

[Southover Street Seagull]

Regardless of exactly what is required, it is not something that the Government would undertake likely. Secondly, there shouldn't be the need for it if Ofcom do their job as industry regulator properly.

You think so? I think a private Royal Mail will put pressure on a government to change the USO and depending on who the government is the USO could be altered via an easier method that has been espoused by this current government. This is the reason I highlighted the information about the Statutory Instrument as a lot of the public are not aware of this.

I agree about the regulator though but Ofcom are just a watered down version of Postcomm and are not interested in a level playing field for all postal operators; and ultimately this affects the USO that only Royal Mail is obliged to maintain.

 

[Southover Street Seagull]

There does seem to be an awful lot of FACTS being written by people who clearly have no idea what's going on with RM.

Hear hear! Hopes things are going well for you in delivery.

 

[Stat Brother]

Hear hear! Hopes things are going well for you in delivery.

I'm probably not the person to ask.
Delivery is going ok, but our Union clique has cranked up it's 'do as i say not as I do' megalomania, to 10 on the twatometer.
Making the most of our less than proactive interim dom.

 

[Brian Fantana]

You think so? I think a private Royal Mail will put pressure on a government to change the USO and depending on who the government is the USO could be altered via an easier method that has been espoused by this current government. This is the reason I highlighted the information about the Statutory Instrument as a lot of the public are not aware of this.

I agree about the regulator though but Ofcom are just a watered down version of Postcomm and are not interested in a level playing field for all postal operators; and ultimately this affects the USO that only Royal Mail is obliged to maintain.

I don't doubt that a private Royal Mail could potentially put pressure on the Government to make changes to the USO but, and I accept this maybe slightly naive, but I really believe the answer would be no. Until letter volumes decline to a negligible level, it is well within the Government's interests to maintain the USO.

It's all inextricably tied to the regulator though, IMHO. If they stand up to TNT Post and input some fixed pricing for their urban mail operations, or even offer forth the idea of a second USO licence, we should see a cap on other operators cherry picking the most profitable areas.

 

[SK1NT]

So the deadline to invest in these shares is midnight tonight....

Im still unsure as to whether I should put all my hard earned saving into this one. I have heard mainly positives fro mbeing these shares from any article I have read.

The government have apparently under values the company by a billion and the shares are tipped to rise 20% within the first few months...

Decisions decisions...

 

[seagullsovergrimsby]

How long before the privatised RM starts to dispose of prime location freehold sites up and down the country or goes down the route taken by BT in selling 99.5% of the property portfolio and sign a leaseback agreement with the purchasers ?

 

[LamieRobertson]

So the deadline to invest in these shares is midnight tonight....

Im still unsure as to whether I should put all my hard earned saving into this one. I have heard mainly positives fro mbeing these shares from any article I have read.

The government have apparently under values the company by a billion and the shares are tipped to rise 20% within the first few months...

Decisions decisions...

the grey market quote is nicely above the estimated share price....cant c it worth asking for much above the minimum as its likey allocations will be scaled back...i'm putting in apps in my name and the children and selling asap...i'm such a tart

 

[Stat Brother]

How long before the privatised RM starts to dispose of prime location freehold sites up and down the country or goes down the route taken by BT in selling 99.5% of the property portfolio and sign a leaseback agreement with the purchasers ?

They'll not be buying them back.

Delivery will be in out of town hubs amalgamating half a dozen offices under one roof, each with one of those new fangled sorting machines.

 

[mwrpoole]

So the shares will be 330p each. If you applied for more than £10k's worth you're not getting any at all, everyone else is getting £750's worth.

 

[Leekbrookgull]

Ok,any scale back ?

 

[LamieRobertson]

applied for between 750 and 10k u get the minimum amount of 750...simples

 

[Jim D]

just a quick question on this - after the RM becomes a plc who will be running it? I assume it will be the same people as before or will the Govt be bringing in some more business-minded people who've run FTSE companies previously?

 

[LamieRobertson]

just a quick question on this - after the RM becomes a plc who will be running it? I assume it will be the same people as before or will the Govt be bringing in some more business-minded people who've run FTSE companies previously?

as far as i know same bods as b4

 

[SK1NT]

So gutted I didn't apply for my 5ks worth in the end....

me =

 

[Tricky Dicky]

So gutted I didn't apply for my 5ks worth in the end....

me =

As I understand it you would have only got the same 200 odd shares as everyone else, I may be wrong though.

 

[Brian Fantana]

just a quick question on this - after the RM becomes a plc who will be running it? I assume it will be the same people as before or will the Govt be bringing in some more business-minded people who've run FTSE companies previously?

I'd say the current CEO is pretty 'business-minded', after all she has turned the company around from making a loss to now a fairly decent profit.

 

[seagullsovergrimsby]

I'd say the current CEO is pretty 'business-minded', after all she has turned the company around from making a loss to now a fairly decent profit.

Put up the price of stamps by enough and you can easily turn a loss into a profit.

 

[Brian Fantana]

Put up the price of stamps by enough and you can easily turn a loss into a profit.

But that's just it, the price rises on 1st class stamps haven't been horrendous.

The deal that she did to get the pensions liabilities off RMG's books and onto the Treasury's was very shrewd indeed. She's a good operator.