I am interested to hear any opinions about the proposed Royal Mail floatation. Will it remain a croc and sink or will it open at a premium and fly?

Martini

"Could have been a vote winner" LOL !!!!!!

What an absolute joke - I'm less than impressed with my allocation from Hargreaves Lansdown.

97 & 129 shares in two accounts.

what a waste of time this was then - very disappointing - still its a government run debacle so par for the course I suppose - heyho

im watching the tape and I never seen that busy exchange.wow

Hopeless if you want to sell atm.

Shambles.

i'm much amused by you guys
some/all of you bitch that you had your allocations slashed - it shows that joe public liked the flotation a lot, for whatever reason
some/all of you then complain that you can't sell/trade them - clearly you only bought to scalp so hard cheese if your broker doesn't yet quote for them (IG does and price is steady)
some of you just bitch like crazy, though probably out of habit, as you didn't even apply for any and wouldn't touch them with a barge pole (apparently)

Cynic your a trouble maker FO.

From Peston on the stock market floor........

Paul Mason ‏@paulmasonnews 1m
There's a lot of interest in shorting #RM I have to say

oh I see - you don't like being swiped at then
i'm so dreadfully sorry - I didn't realise that was the private domain of you and your left-wing cronies

You as usual start confrontations and then walk away not to be seen again.

Get everybody going at each other and then seem to take some warped personal delight in this. So i say again youve been rumbled.......... FO.

Paul Mason ‏@paulmasonnews 2m
Feeling is this is a massive windfall profit for institutions who got loads of shares rather than small investors

from City of London, London

oh dear oh dear oh dear ..... you're very happy to dish out truck loads of rotting tripe but can't take it at all when a bit comes winging back
how pathetic, but reminiscent of a schoolboy bully

Get a brain scan. Your going funny in the head, now FO.

Equity Development ‏@equity_research 4m
$RMG Royal Mail: IPO size (inc Over Allotment) exactly 600 million shares. After 30 minutes trading 91 million shares have traded...Now 446p

you seem frightfully interested for someone who wouldn't touch them with a bargepole - allegedly

by Harriet Green
October 11, 2013, 8:29am
Royal mail shares have opened at 450p (from 330p sale price) as grey market trading begins this morning. The 36 per cent increase means that the Royal Mail is large enough to join the FTSE 100.

Joe Rundle, ETX Capital:

Royal Mail (RMG.L) makes it dazzling stock market debut by jumping up to 450p, over some 30% above pricing and settled at 437p after 10 minutes into the market open. Pre-market indications had the shares popping up as high as 420p, a huge big premium to the shares on offer by the government, priced at the top end at 330p.

Our grey-market listing, which was launched back in July 2013, indicated a dramatic debut above 400p as our retail and institutional clients piled into to get a piece of this historic and controversial pie. The jump in the shares above 400p will certainly see the UK government being criticised for selling the company too cheaply, ripping off UK taxpayers but it must be noted that institutional allocations [bid above £10k] have been scaled back this time, allowing allocation to retail clients which should go down neatly in general sentiment across the public that your man on the street could together with a institution, be a participant in this historic IPO for the UK market.

There’s been a lot of hype and noises about this IPO, indeed it was over 20 times subscribed [over 700k individual applications] – the mix of 33% of retail investors and 67% to institutional. So on the first day of trade for RMG, it’s likely we will see some selling pressure after the stellar open which could see the UK government under some pressure to defend the price it was sold off. But, UK government will support their approach on how the company was floated on the market, hailing it as a success –indeed, it was cleverly engineered in such a manner before next year’s elections—and the government will claim that institutions and retail investors all had a fair opportunity to subscribe.

Looking to the immediate future for RMG, the threat of industrial action still looms, structural problems such as a lack of adequate capital and unclear growth strategy are likely to weigh on the stock price. Management and MPs will have to continue talking up RMG in the run up to the UK elections next year, with the market now looking out for details on how this company will adapt, expand and deliver rewards to its investors.
- See more at: http://www.cityam.com/blog/1381476560/royal-mail-shares-debut-450p#sthash.ZxNAAc6v.dpuf

Laura Kuenssberg ‏@ITVLauraK 7m

Also hearing only one big UK institution made it into top 10 in Royal Mail placings - other countries' sovereign wealth funds won out!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

David Buik ‏@truemagic68 4m

I hear that one Sovereign Wealth Managment Fund was issued less RMG shares than his mother was! I think Dr Cable meant what he said!

one of the above statements may have an element of truth, but clearly not both

meanwhile, IG L2 shows bid/offer of 55m to 3m ..... clearly not much shorting interest there then!