UK markets close in 4 hours 59 minutes

Royal Mail plc (RMG.L)

LSE - LSE Delayed price. Currency in GBp
Add to watchlist
500.60-7.40 (-1.46%)
As of 11:16AM BST. Market open.
Sign in to post a message.
  • S
    SKIRED
    The Full Year results come out on Thursday (20 May). Hopefully will be good.
  • S
    SKIRED
    RMG really struggling to break the 600p mark, finding a lot of resistance there. Once it breaks out it will trend up to 700p by the end of the year (fingers crossed).
  • S
    SKIRED
    An excellent End of Year accounts, with record sales and profits. A brilliant forecast and the company in a very healthy position; yet the market falls 25% on the report! The mind boggles.
  • f
    felix
    Going back to 200 ! Clear bubble.
  • S
    SKIRED
    I think I will have to revise this stock to 700 at the end of the year! RMG.L has been introduced to the FTSE100 from the FTSE250!
  • c
    chris
    wow
  • S
    SKIRED
    Finally broken the 600p resistance today. 608 as I write this, hoping for another push upwards.
  • S
    SKIRED
    Well that's a turnaround from this morning :)
  • A
    Artur
    Yes. Competitors are expanding and get better. Hermes is to build a huge warehouse and employ 1400+. DPD is well organised and updating their systems, vans and lowering prices. DX drivers pick up items at specific times and can deliver late evening when people are at home. More documents can be emailed and signed online [DocuSign, Adobe]. No need for sending letters by post. From what I saw at the local post office, only elderly people use their service. RM don't have a great management team, real plans for the future and no idea why they're there. They only make money when XMAS comes. That's not enough. I don't have a crystal ball but I wouldn't be surprised if RMG drops another 30% by the end of 2020 eating up 7% dividend.
  • s
    sunny
    Royal Mail has a new service. They are collecting parcels now!!
  • S
    SKIRED
    Reckon that RMG.L can get to 600 at the end of the year, might sell at that point. According to Simply Wall St the company is servicing its debt very well. here's hoping!
  • J
    Jonathan
    We use Royal Mail for all our e-commerce orders in our business, RM have a high delivery success rate, much better than the other major parcel delivery companies (from our experience) RM will pick up the lost letter traffic from the continued increase in e-commerce in the UK thus driving demand for Parcel business. In my opinion UK households become familiar with their “postie” and get used to what time the postman calls, which is why the delivery success rate is so good.
  • L
    Liam
    Royal Mail are now the cheapest small parcel courier. After Hermes increased their price from £2.70 to £4+!!!
  • s
    sunny
    what's happening 20% rise??
  • A
    Ant.
    Bitcoin maximum so far was 19,000 dollars and atm it is around 9,000 dollars, potential returns if all goes to normal:
    -not even double.

    Royal Mail maximum so far 631 pounds and atm it is around 160, potential returns if all goes to normal and new centers coming to add to the equation:
    - 4 times more, worse case scenario 2.5 0r 3 times more.
  • L
    Lee W
    I like this stock
  • A
    Artur
    Yesterday -5%, today -2.6%. Profit from dividend gone. New bottoms. It's time to cut your losses and run. There are much better companies out there to invest your monies with.
  • D
    Dave
    remember when this was floated and there were complaints it had been sold off cheaply, doesn't look that way now.
  • b
    bob
    Loving this stock
  • D
    Dave
    Is Royal Mail ever going to recover or was it over priced from the start