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?

Green or red? :-)

Its a very sweet day atm long may it continue.

Royal Mail: postmen given shares will 'take the money and go on strike'

Postmen who have been given free shares in Royal Mail while tens of thousand of people have missed out will "take the money and go on strike", a union leader said






By Steven Swinford, and Christopher Hope

8:50AM BST 11 Oct 2013


A total of 149,632 postmen – equivalent to 99.75 per cent – have been given £2,200 worth of free shares as part of the privatisation of the 500-year-old company.


However, on Wednesday the Communication Workers Union will announce the result of a ballot for industrial action.


Billy Hayes, the union's leader, said that the free shares will not make a "scintilla of difference" to the outcome of the ballot.


He said: "Why not [take the money and then go on strike]? These executives make big killings and run down a service. It's about greed.


"There's no celebrations in delivery offices throughout the country. We have got Sovereign wealth funds. Kuwait has bought shares in Royal Mail, Singapore has bought shares. We're going to have a situation where the royal family in Kuwait has more influence over the postal service in the UK than the royal family in this country."


http://www.telegraph.co.uk/news/uknews/royal-mail/10371642/Royal-Mail-postmen-given-shares-will-take-the-money-and-go-on-strike.html

wONDER WHAT WILL HAPPEN IF po GO ON STRIKE????????????

Well done Cameron didling the Treasury out of £billion and claiming it was a success.

Bonkers.


Friday 11th October 2013 | 14:02

David Cameron: Royal Mail privatisation has got off to a very good start


The NHS is safe in his hand and also the UK's economy.

He must be high on something.

how much would you bid for the NHS? what not even half a crown!

A flourish to finish!

max k,
...Singapore, Kuwait bought royal mail shares... well,.. even pesky polish bought/sold/bought/sold...recently bought and holding -mean here sweet ASOS-...just to sold later and buy again afterwards...to sell again and to buy again...lol

I mean times changing...you even have to share your driveway parking space todays sometimes...
global warming...
lol

mitzy - may I be disinterested as well uninterested in this one? ...... I certainly wasn't biased one way or another, but had no interest in participating


fred - though is suspect the price will stay stable, I could easily be wrong and perhaps it will tumble, but only when things settle down can you make any judgment call on whether or not the shares were underpriced.

in any case, surely it was a better call to make the shares "good value" to ensure that the sale went well, than to take a gamble and to have priced them (with hindsight) at say 425 ...... had they been priced that high, it is likely, though a paradox, that the flotation would have been a flop

Found it..... Spelt the epic wrong!

Have decided just to keep mine - the yield is good and I always have spare cash in my account, so I might as well collect the divi.

ummmmh!

someone gagged you? :-)

Actually, was thinking of dumping early yesterday.

But think sense is being seen in USA over debt extension.

Think there is further up trend for a while and yield may be OK.

Watching with interest.

-====---

But so much for the experts valuations and political expediency or face saving which has cheated or robbed part of the general public.

All adds up.

.

So have you ever cheated or robbed part of the general public Fred? (Just wondering why you said this when you've bought as many RMG shares as you could).

fred - you should be ashamed, or was it ultimately, "what price principles?"

Typical Fred - Talks The Talk (Left wing nutter) never Walks The Walk. Gobshite!

Forgive me god I have led and lead an impure life.

As long as it is "legal" should I not allowed myself to benefit, or should I let others do so to my disadvantages?

I am not allowing myself to be bought, even though there is the stench of corrupt political ideology behind the knock down sell off.

The proceeds will be given to my children, after it has gone through a Chinese bank with less supervision than our "regulated" UK banks.

Ah well, your principles must guide you with those tricky moral decisions you have to make in life. As long as you can sleep easy then all's right with the world.