Our decision to tip Royal Mail has not proved our finest hour.

Post by **postareale** » 06 Dec 2019, 21:31

https://moneyweek.com/519147/share-tips ... -week-164/

Royal Mail

The Daily Telegraph

Our decision to tip Royal Mail has not proved “our finest hour”. The shares have declined by 52% over the past three years and the latest interim results brought an admission that it could make a loss next year. Addressed letter volumes have fallen 50% since 2004 and the group has failed to reconfigure its network to take full advantage of the rise of parcel delivery amid the online shopping boom.Ongoing industrial disputes with unions are yet another headwind and cast further doubt on the dividend’s sustainability. Sell. 218p

Phantom · Post by **Phantom** » 07 Dec 2019, 16:49

postareale wrote:https://moneyweek.com/519147/share-tips ... -week-164/

Royal Mail

The Daily Telegraph

Our decision to tip Royal Mail has not proved “our finest hour”. The shares have declined by 52% over the past three years and the latest interim results brought an admission that it could make a loss next year. Addressed letter volumes have fallen 50% since 2004 and the group has failed to reconfigure its network to take full advantage of the rise of parcel delivery amid the online shopping boom.Ongoing industrial disputes with unions are yet another headwind and cast further doubt on the dividend’s sustainability. Sell. 218p

50% ??? Utter bollocks.

k979aaa · Post by **k979aaa** » 07 Dec 2019, 17:59

Phantom wrote:
postareale wrote:https://moneyweek.com/519147/share-tips ... -week-164/

Royal Mail

The Daily Telegraph

Our decision to tip Royal Mail has not proved “our finest hour”. The shares have declined by 52% over the past three years and the latest interim results brought an admission that it could make a loss next year. Addressed letter volumes have fallen 50% since 2004 and the group has failed to reconfigure its network to take full advantage of the rise of parcel delivery amid the online shopping boom.Ongoing industrial disputes with unions are yet another headwind and cast further doubt on the dividend’s sustainability. Sell. 218p
50% ??? Utter bollocks.

I think they mean written stamped letters but as a private company we should be able to charge any other company for fair use of the service we provide to other private entity's.