JontyM
18 Jul 2017
Re: Pension scheme I thought the Government had taken on the liability of the pension scheme a few years ago. I seem to recall George Osborne being involved as Chancellor and that it was to enable/assist the floatation of the company.Might be wrong - I'm sure others on here will know the full story.
gamesinvestor
18 Jul 2017
Q1 [link] bad or indifferent?""""""""Continued strong sales from Royal Mail's European parcels operation in the first quarter offset a decline from its UK business, though for the full year management kept cost and cash targets unchanged.But despite continued business uncertainty in the UK, the FTSE 100 group's letters division performed better than expected, with Theresa May's snap election helping to push the envelope.Letter volumes fell 6%, excluding the impact of political parties' election mailings though benefitted by around 1% from other mailings associated with the election, but total letter revenue was only down 4%, benefitting from higher than expected revenue associated with the UK political parties' election mailings.The UK parcels business increased revenues 3% as volumes grew 5% thanks to a 5% jump in parcel volumes, with growth driven by a good performance in Royal Mail account parcels where new contracts were won and more traffic was received from existing customers, particularly in tracked mail.Putting the UK parcels and the letters together, the UK business, UKPIL, saw revenues fall 1%.The saving grace, GLS, performed strongly with revenues up 6% and volumes 5%, with growth achieved in all its main markets, with strong growth in many markets, including Italy.Excluding the impact of Easter and other European public holidays, underlying volume and revenue movements would have been around 4 percentage points higher, and including recent acquisitions and on a constant currency basis, GLS revenue was up around 18%.Chief executive Moya Greene said: "GLS continues to be a driving force for the Group. Its ongoing, focussed international expansion is increasing our geographic diversification, scale and reach."In UK parcels, our quality of service and improved product offerings are driving high levels of customer satisfaction and attracting new customers and higher volumes. Our performance in letters was better than we expected, despite continued business uncertainty in the UK."We remain on track to deliver our cost avoidance and net cash investment targets for the full year."
Tenobas
14 Jul 2017
Pension scheme This is yet another small company attached to a large pension scheme but in this case the enormous surplus looks like a profit opportunity.There must be many companies ready to buy either the company or the pension scheme.The assumptions on the valuation of the pension scheme look very cautious.It will not be long before the pension surplus exceeds the market value of the company.
ringer3
07 Jul 2017
Re: Today's drop [link] FTSE 100 constituent Royal Mail (RMG) fell 3.7% to 408.6p after investment bank downgraded the stock to 'sell'. It said weak retail sales and lower e-commerce growth would work against Royal Mail (RMG), adding that letter volumes may also continue to decline.Fellow FTSE 100 constituent Royal Mail (RMG) fell 3.7% to 408.6p after investment bank downgraded the stock to 'sell'. It said weak retail sales and lower e-commerce growth would work against Royal Mail (RMG), adding that letter volumes may also continue to decline.
gamesinvestor
07 Jul 2017
Re: Today's drop Isn't it that they are on target to be booted out of the index in the fall?Games
rhino666
07 Jul 2017
Re: Today's drop Nothing definitive but LSE chat may shed some light.......................[link] but can't complain as Centrica, the other lacklustre share in my portfolio I like to moan about nicely up today.Swings and roundabouts
trader jack
07 Jul 2017
Today's drop I have been unable to track down anything that migt explain today's price drop of 2.5 percent.Does anyone know what is causing the price fall today?RegardsTJ
rhino666
29 Jun 2017
Re: Ex-div today It gets confusing but the way I look at it makes it a little simpler for my brain to understand.If you buy during trading hours before ex-div date you get the dividend.If you sell any time during trading hours on the ex-div date or after you get the dividend.As the share price generally drops the dividend amount on ex-div day anyway no-one really loses out.
Steve Gurr
29 Jun 2017
Re: Ex-div today It's ok - I got to a PC and answered my own dumb question..................." you must have bought the stock before the ex-dividend date and still have held it at market open on the ex-dividend date"Sorry I was just being lazy asking
Steve Gurr
29 Jun 2017
Re: Ex-div today and bought before when?
Arapahoe
29 Jun 2017
Re: Ex-div today At market close yesterday.
Steve Gurr
29 Jun 2017
Re: Ex-div today When did you have to hold the shares to qualify for the dividend payment?
rhino666
29 Jun 2017
Ex-div today Final dividend of 15.6p and not a share price drop against the market
IOMINVESTCOM
22 Jun 2017
Possible sale of part of Mount Pleasant site Royal Mail plc22 June 2017Possible sale of part of Mount Pleasant siteFollowing recent media speculation, Royal Mail plc (RMG.L) confirms it is in discussions regarding the possible sale of part of its Mount Pleasant site. The discussions are ongoing and there is no certainty as to when or whether any transaction will be agreed. A further announcement will be made by Royal Mail if and when required.
deshulme
19 Jun 2017
Software Issue Fixed A National problem effecting PPI (Printed Postage Impressions) has been fixed. The problem mean't some Barcodes on the Paper work could not be scanned. This left Royal Mail open to abuse and fraud as the paper work could not be easily and quickly checked to see if the customer had paid the correct postage. Royal Mail have increased there security measures and will also prosecute every time including using Washed Stamps and any indication the Stamp has been used including unstamped which have been cut off other envelopes will be surcharged.
