The Government is selling just over half the firm, prompting a shares gold rush. City banks and hedge funds have the right to buy 70 per cent of them. More: continued here
Read More »Royal Mail 'undervalued' in privatisation, says Labour's Umunna
The Royal Mail has been undervalued by as much as 1bn pounds in its privatisation, according to Shadow Business Secretary Chuka Umunna. More: continued here
Read More »Thousands will lose out in Royal Mail share sale frenzy: Small investors hit … – Daily Mail
Daily Mail Thousands will lose out in Royal Mail share sale frenzy: Small investors hit …Daily MailThousands of small investors risk losing out in the Royal Mail sell-off because shares are likely to be heavily rationed. The Government is selling just over half the firm, prompting a shares gold rush. …
Read More »Institutions rush to buy into Royal Mail's 'stunning debut'
City investors are expecting a profit bonanza after the privatization of the U.K's postal service Royal Mail as investors scramble for the remaining shares ahead of its initial public offering (IPO) next week. More: continued here
Read More »Investors in rush to buy shares in ‘undervalued’ Royal Mail – Evening Standard
Investors in rush to buy shares in 'undervalued' Royal MailEvening StandardFormer home secretary Alan Johnson, who worked as a postman as a teenager, told the newspaper: "There is a vast difference between pricing Royal Mail shares conservatively and undervaluing them by £1 billion. This is ripping off the taxpayer on …
Read More »Royal Mail Demand Stronger Than Facebook: McCaig – Bloomberg
Royal Mail Demand Stronger Than Facebook: McCaigBloombergIs that true? Our prices are driven by clients trading and both of those, twitter and royal mail, we have seen real strong buying signals. It would be fair to say with royal mail, the buying sentiments have been even stronger than we saw …
Read More »Royal Mail’s new owners set for 10-year tax break as demand for shares soars – The Independent
The Independent Royal Mail's new owners set for 10-year tax break as demand for shares soarsThe IndependentIt emerged yesterday that Royal Mail chief executive Moya Greene had written to postmen offering them £300 each to cross the picket line. The earliest that industrial action can happen is October 23 but …
Read More »Royal Mail undervalued, says Labour’s Umunna – BBC News
Telegraph.co.uk Royal Mail undervalued, says Labour's UmunnaBBC NewsThe privatisation of Royal Mail undervalues the company by as much as a £1bn, with City investors and hedge funds being the biggest beneficiaries of the share offering, says shadow business secretary Chuka Umunna. Speaking to BBC Radio 4's Today …Last minute dash for …
Read More »Royal Mail float to deliver hefty profit
A late rush to buy shares in Royal Mail is under way in Britain, with investors predicted to receive an instant profit of up to 40 per cent. More: continued here
Read More »Royal Mail undervalued, says Labour
The shadow business secretary, Chuka Umunna, says the government's privatisation of Royal Mail has "undervalued" the firm by as much as £1bn. More: continued here
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