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?

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.

"As long as it is "legal" should I not allowed myself to benefit"
of course you should, but it is then singularly hypocritical of you to berate those who take sensible tax avoidance precautions ..... the rationalisation that "the proceeds will be given to my children" is no more than that

If tax avoidance schemes are legal I have not condemned individuals who are making use of such.

However, I do condemned governments for the hypocrisy for allowing provision of such loopholes.

And I think the tax system needs review and many tax "allowances" stopped.

Also, I dislike the ability for some escaping "tax liabilities" on "wealth" produced by those living in the UK, but themselves living outside the country and still manipulating policies of the country for their own benefits.

I was not rationalising, when suggesting I will give the proceeds to my children. I don't feel any need to, I was stating my intent and anticipated the response.

fred - methinks you speak with forked tongue or even dissimulation! .... i won't bother to expand on what is one of your less well thought out postings

Having said I'll keep mine, I've now sold at 483p as the price was just too attractive. I think there's still volatility ahead and I can't refuse such a quick return, even though it's only a few hundred quid.

Fred, I will also give the proceeds to my children. Off to make a will.