It seems a lot of companys and traders are investing in the privatisation of Royal Mail just as it starts to turn a profit. I don,t necessarily agree with this but if you can,t beat them join them so i,ve invested a few quid before they float on the stock market next week.
I know there are strikes planned but it will already be privatised by then so can,t see it changing anything
Having never bought shares before was just wondering if ppl think this will be a good move or not and if anyones else has bought any or thinking of doing so?
Paul
Comments
Wish I had the money!
The early bird gets the worm!
hoping but not too optimistic getting all I want
Scotty
I know what you saying two of my current holdings lost 80% in a year, just hoping they finally strike gold as too big a loss to sell now.
As for Royal Mail, it is a short term no loser as so undervalued.
I am very happy I applied for £3000 and got the £750 and so did my wife. Not disapponited I didnt get any other members of the family as last minute decision basded on your post.
Always was going to be a short term hold and £240 profit in half a day good. Ok so they have gone up further but you must always have a figure you will sell at and at the time 4.50 was mine. Wife's shares will be sold when they go over £5. Hoping that soon rather than later.
Good luck when selling yours.
Anyway well done
I got my £750 worth through my pension plan and am very pleased with the return. I would have liked to have topped up, but the price has gone up so much, its probably worth waiting to see what happens.
I do laugh at milliband and balls moaning about the company being sold for a discount, when it was their government that sold billions of pounds worth of gold when it was $200 an ounce when its over $1200 now. Bad BR management imo Labour.
IMO this is a long term hold, but I can understand those who have already bagged a few hundred quid profit.
Price just gone to 515 and tend to agree with you and are not selling yet even though shares reached sealing we put in place for wife's shares. Seems they have a long way to go yet and if they ever fall below 500 again is the time I think we will sell. At the moment looking very mush a no lose bet. Analysts saying they would buy at 518 and the reason is well summed up in your post.
As I said, I bought through my pension, so even though I can sell the shares I cant get my hands on the cash until I am at least 55, which isnt a bad thing.
APPLIED GRAPHENE MATERIALS
which is to be launched on AIM in November.
Now this will be more high risk than Royal Mail and is a long term stock if you think it is worthwhile.
Analysts buzzing about this launch as product is ground breaking and orders already there, floating to get capital to increase production.
Remember shares can go up as well as down.