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How much are shares worth..
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Darren Bent
- Posts: 2150
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- Location: Pride Park, Derby, DE24 8XL
Re: How much are shares worth..
and it could be even more profitable in 3 years time or whatever. I would say keep the shares until tax free unless you need the money.
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TrueBlueTerrier
- FORUM ADMINISTRATOR
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- Location: On my couch
Re: How much are shares worth..
norm wrote:Well TNT were predicting 40% coverage of UK addresses for their letter delivery business by 2017 and look how that went down the pan.Decky Boy wrote:My advice would be to hang onto your shares (as long as you are with the company) and collect the good dividend every yearAs an OPG of nearly 8 years , I know how hard we all work. I cannot envisage the shares dropping below £3.30 in the next few years. Why would they ? ? ?
I think there will have to be big changes in RM to keep the business profitable in the years to come, e.g. larger use of automation, scaling back the USO, merging delivery/collection into one working day.
Its already happening - 1 Pass automation, bench merging and collection on delivery. All either in, or being mentioned in official and public circles.
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Darren Bent
- Posts: 2150
- Joined: 05 Oct 2007, 15:38
- Gender: Male
- Location: Pride Park, Derby, DE24 8XL
Re: How much are shares worth..
and if mail merge scheme overhaul for whole country it will means lot of saving to make then bigger profits for shareholders and dividends. So it might take 2 or 3 years to do it nationwide. (assuming it take that long)