royal mail shares

[craig12]

anyone got any views on this one ,  share price lower now than when floated on first day of trading,  not yet lower to those who pre subscribed but falling fast   was around £6.20  now £4,03 ish  one guy on the bbc says its a £3.80 share   possible recovery play  

[Fluttershy]

serves them right for being so nosey at the post office >

[StackemHigh]

I've never thought that the rebranding or selling off of Royal Mail was a good idea.

 

The post is still too important a service to have been sold off to the private sector.

[Pete]

Does that get the government off the hook for selling too cheaply now ?

Where are all the so called financial experts and politicians ( Labour clowns ) that were publicly bleating we were sold short by Vince ?

[craig12]

Tesco might prove to be the long term recovery play  shares now £2.03  down 12 % today  cheapest they've been for 11 years , obviously the 250m over accounting profits didn't help

[Shamatti]

The post office should never have been sold off. I avoided these shares like the plague even though it was obvious there was a fast buck to be made. I have my standards.

[BaldyBob]

If silver is not enough of a rollercoaster ride for you, then buy them. Personally think there are better shares with decent dividend yields to be had if you are set on putting money into shares.

[garthy]

Tesco might prove to be the long term recovery play  shares now £2.03  down 12 % today  cheapest they've been for 11 years , obviously the 250m over accounting profits didn't help

 

I think you may be right Craig, I think it's overshot to the downside, I bought in today, with a P/E ration under 10 it looks ok, I hope so anyway.

[craig12]

what do you think the lowest they will go ?

[garthy]

Who knows? I've a stop loss set at 190 so as long as it doesn't tank first thing I'll be ok, but I'm hoping today's the bottom but who knows.

[craig12]

i need to get an on line share dealing account

[Danny-boy]

i need to get an on line share dealing account

Yeah, me too.

[Shamatti]

i need to get an on line share dealing account

 

 

Yeah, me too.

 

Yeah, me three.

[craig12]

did have some penny shares through td waterhouse but the paper certificates were expensive

[Cornishfarmer]

I think tescos will go lower, they have got it wrong and are just too big. They have increased store sizes, now people can go in and get lost. Our local store is massive and people are leaving in droves to go to lidl because they can find what they are looking for.

If lidl pulled their finger out and put more than 1 person on check out even more will shop there.

Wife now goes to independent fruit and veg man and saves £15 a week. When will people realise that apples are actually sweet, tomatoes are tasty and strawberries are in a different league

My biggest bug bear with tescos is that if you go late at night sometimes it's self check out only, more than once I've seen people leave without completing because it just takes too long.

So with all this in mind I think I live in one small town in the south west and if this is going on all over the country tescos profits will continue to fall knocking share price further

[craig12]

the thing i will be buying in is this , and this is my honest view 

with the recession people have turned to lidl, netto,aldi, as money is tight, now it is my gut feeling that if and when the recession pulls out , people will start to drift back to the big 3 , therefore increased sales and profit,  i have a friend works for morrisons, and has a lot of shares, the thing with dalton philips and morrisons, is that they own all their buildings ,  morrisons have been around £3.60  now around £1.74 

the thing about aldi is  i always find that the beans are right next to the chain saws ,  or if youre looking for a tin of salmon  , its always between the patio pressure washer and  garden spade set

[silversword]

Tinned salmon? 

 

What nefarious skulduggery is this?

[Cointreau]

I'm amazed at Tesco's sp drop today. I worked for Tesco during the nineties when they were extremely well run.

Now, they've lost their way. Having said that, I don't shop there cos their food is crap. And no doubt, they've been

shafting the farmers for years.

[craig12]

it was better when you could go on the machine in tesco and it paid out in stamps that you  stuck in a book   , fifty books got you a black and decker drill

[Cointreau]

What? Like the old Co-op stamps? They were superceded by the loyalty cards. Both crap ideas inmho.

Walmart are also struggling in the US by the way.

[Pipers]

All the big investors from the city got out of Royal Mail ages ago when the share price hit £5, Its Wealth funds, Pension Funds now that make up most of the shares.

 

Tesco is a big deal, because it shows that the Accountants (Auditors) DWC must of been compliant with the shenanigans,  Depending on how far back this goes, we may have a mini Enron.  This is Corperate Fraud.

 

I listened to an interview with the Iceland chairman about a year ago he stated its a new game in the grocery market with only tight profits, I noticed his shops have been reducing prices competing with the German Shops.   

[simon13]

People will always need to eat but will we always need the middleman?

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