Fury over 'rush to sell Royal Mail on the cheap'The IndependentShadow Business Secretary, Chuka Umunna, said the prospectus for the controversial sell-off states that Royal Mail operates from 2,000 sites across Britain including delivery offices and mail centres. He warned that once the privatisation is complete … More: continued here
Read More »Royal Mail sale set for resounding success as demand soars – The Independent
Royal Mail sale set for resounding success as demand soarsThe IndependentBroker Panmure Gordon analyst Gert Zonneveld suggested that, based on the valuations of other publicly listed mail companies, Royal Mail could be worth between £3.7 billion and £4.5 billion. That implies that the shares could shoot up to a sizeable … …
Read More »Official Royal Mail valuation ‘more than £1bn too low’ – The Guardian
The Guardian Official Royal Mail valuation 'more than £1bn too low'The GuardianZonneveld believes Royal Mail is worth £3.7bn-£4.5bn, when compared with listed postal services in other countries. "I'm so convinced they [the government] got it wrong," Zonneveld said. "I think they're more than £1bn too low." Under Zonneveld's …Clamour to …
Read More »Royal Mail share buyers to profit from property boom – The Times (subscription)
The Times (subscription) Royal Mail share buyers to profit from property boomThe Times (subscription)LONDON, ENGLAND – SEPTEMBER 12: A Royal Mail post box on September 12, 2013 in London, England. The Royal Mail will be privatised in the next few weeks the Government has announced. (Photo by Peter Macdiarmid/Getty Images). …
Read More »Royal Mail: clamour to buy shares as analysts predict price to rise to £4.50 each
The sale of the postal service, which potentially values it at up to £3.3billion, could rise to as high as 450p per share, according to city experts. More: continued here
Read More »Huge investor demand for Royal Mail sell off means share sale price ‘now … – This is Money
The Guardian Huge investor demand for Royal Mail sell off means share sale price 'now …This is MoneyRoyal Mail's implied dividend yield for the year ending March 31, 2014 is calculated at between 6.1 per cent and 7.7 per cent on the basis of the expected offer price range of …
Read More »Royal Mail offer “bribe” of £300 to defy strike over Government’s sell-off plans – Mirror.co.uk
Mirror.co.uk Royal Mail offer "bribe" of £300 to defy strike over Government's sell-off plansMirror.co.ukRoyal Mail originally promised staff £300 each if no-one went on strike. They have changed the offer to just those who cross a picket line. In her letter, Ms Greene said: “We would make this payment provided …
Read More »Clamour to buy Royal Mail shares as analysts predict price to rise to £4.50 each – Daily Mail
The Guardian Clamour to buy Royal Mail shares as analysts predict price to rise to £4.50 eachDaily MailRoyal Mail's implied dividend yield for the year ending March 31, 2014 is calculated at between 6.1 per cent and 7.7 per cent on the basis of the expected offer price range of …
Read More »Royal Mail property windfall ‘would go to shareholders’ – Telegraph.co.uk
Telegraph.co.uk Royal Mail property windfall 'would go to shareholders'Telegraph.co.ukChris White, the head of UK equities at Premier Asset Management, said: "When I met Royal Mail's chief executive and finance director earlier this week, I asked them whether the pension fund would have a claim on the proceeds of asset sales. …
Read More »Royal Mail Said to Narrow IPO Price Toward Top of Guidance (1) – Businessweek
Royal Mail Said to Narrow IPO Price Toward Top of Guidance (1)BusinessweekThe privatization of 360-year-old Royal Mail will be the biggest in the U.K. since former Prime Minister John Major broke up British Rail in the 1990s, and while letter volumes are falling, the business has refocused on those markets …
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