Re: Better hope for a Tory Victory Wrong spelling headline in last post,,course you like me will be hopping mad if he does gets in on Friday morning........SP on RMG should be much higher this time of year,so not to impressed at the moment.
Better hop for Tory Victory Better hope for Tory Victory,if not Corbyn is out to re-nationalise RMG and the rest of the markets will plummet (suppose if your benefitted up to the hilt it won`t really affect you).Com `On Maggie May!
Re: 101 million pound Sale of 9 Elm St Got that one wrong. The proceeds of this sale would be used for general corporate purposes. It is expected to benefit future sales values.
Re: 101 million pound Sale of 9 Elm St Apologies for being stupid but why does £71m go to the top line?
101 million pound Sale of 9 Elm St Nice little earner for RM. Next year Annual report could be interested with 30 million going towards reinvestment leaving £71 million to be added to the top line. Recent Operating profit£219 million pounds next years will be similar with a probable 3% increase. Still some tricky obstacles to overcome and a possible 30% chance of a strike?
Jefferies: thorny issues niggle Royal Mail Jefferies: thorny issues niggle Royal MailLabour negotiations and pensions are the dark clouds hanging over Royal Mail (RMG), according to Jefferies.Analyst David Kerstens retained his underperform recommendation but increased the target price from 330p to 350p. The shares were trading up 0.6%, or 2.6p, at 431p at the time of writing.He said full-year 2017/18 would be difficult driven by weak revenue trends and increasing cost pressure compounded by wage inflation.Kerstens also noted the thorny labour negotiations about pay and pensions.Royal Mails valuation is broadly in line with the European postal sector, but theres downside risk in the thorny labour negotiations about pay and pensions in our view, he said.We stick to our underperform rating with an increased discounted cashflow-based 350p, reflecting lower capital expenditure.[link]
Don't forget that RMG make up 1.5% of Woodford's portfolio. Sit tight, think longer term and you'll be rewarded.
Torn between selling this afternoon before tomorrow's results or holding for the longer term. Decisions, decisions...