Panmure says Royal Mail shares still have upsideEvening StandardPanmure was the only stockbroker to speak out before Royal Mail shares started trading, saying they were worth much more than the Government's 330p tag. That angered Business Secretary Vince Cable so much that he described it as an “outlier”, adding: … More: …
Read More »Royal Mail share price prohibitive for Active Income Portfolio – Interactive Investor
Royal Mail share price prohibitive for Active Income PortfolioInteractive InvestorThe privatisation of Royal Mail (RMG) marked a small but useful addition to the active income portfolio. Two market certainties fuelled the sale: the fact that Royal Mail is a familiar asset viewed with some affection, so demand from small investors …
Read More »Royal Mail shares rise again as Panmure puts £5.7bn valuation on business – The Guardian
IBTimes.co.uk Royal Mail shares rise again as Panmure puts £5.7bn valuation on businessThe GuardianThe new regulatory framework (from March 2012) gives Royal Mail significantly greater commercial freedom to set prices for its services. Access mail, which used to be significantly lossmaking, became profitable last year and, with only 5% of …
Read More »Royal Mail: Government of SINGAPORE is the second biggest private owner of our postal service
The new comes as a top analyst valued Royal Mail at £5.7billion – £2.4bn more than the Government’s ill-fated estimate. More: continued here
Read More »Singapore buys 4pc of Royal Mail – Telegraph.co.uk
Telegraph.co.uk Singapore buys 4pc of Royal MailTelegraph.co.ukA regulatory announcement shows GIC bought more shares yesterday that took its stake over the 4pc disclosure threshold. Royal Mail's shares climbed 4.9pc on Friday to close at another high of 555p, despite the threat of strike action by postal workers.Royal Mail: Government of …
Read More »TCI fans flames over Royal Mail – Financial Times
TCI fans flames over Royal MailFinancial TimesOne of the world's most aggressive hedge fund activists has taken a 5 per cent stake in Royal Mail, fanning the flames of a political furore over whether the 500-year-old company was sold too cheaply. The Children's Investment Fund disclosed a holding … More: …
Read More »Security alert at Royal Mail Lisburn office – Belfast Newsletter
Belfast Newsletter Security alert at Royal Mail Lisburn officeBelfast NewsletterA Royal Mail premises in Lisburn has been evacuated after a suspicious object was discovered. Police are in attendance at the scene in Linenhall Street and Army Technical Officers have been tasked. It follows the interception at the Mallusk sorting … …
Read More »Day 4, Royal Mail: Running into Harbaugh, 49ers at Buckingham Palace – San Jose Mercury News (blog)
Day 4, Royal Mail: Running into Harbaugh, 49ers at Buckingham PalaceSan Jose Mercury News (blog)This is the fourth installment in a nightly recap of my stay in London in advance of Sunday's 49ers game against the Jacksonville Jaguars. These reports hopefully will come with a hint of tourism, amusement and …
Read More »Rate rise would release Royal Mail from ‘pension jail’ – Citywire.co.uk
Rate rise would release Royal Mail from 'pension jail'Citywire.co.ukHowever, an earlier rise in interest rates would dig Royal Mail out of a hole and avoid a near doubling in the amount it pays into its pension scheme, says Andrew Lyddon of investment group Schroders. In a note today Lyddon, a …
Read More »Royal Mail was valued at £10billion by JP Morgan – Daily Mail
Daily Mail Royal Mail was valued at £10billion by JP MorganDaily MailShadow business secretary Chuka Umunna said: 'The news that yet another leading investment bank valued Royal Mail at a far higher price than that for which it was sold will only add to fears that taxpayers have been significantly …
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