Telegraph.co.uk Royal Mail IPO: Retail investor demand highest since lastminute floatTelegraph.co.ukGert Zonneveld, co-head of research at Panmure Gordon who last week argued that Royal Mail was being undervalued by £1bn, said: “Investors are expecting Royal Mail to go into the FTSE100 and so many are trying to get the weighting …
Read More »Royal Mail IPO: ministers to increase amount of public shares – The Guardian
The Guardian Royal Mail IPO: ministers to increase amount of public sharesThe GuardianThe government will bow to a mounting outcry and ensure the public do not lose out to banks, hedge funds and other financial speculators in the £3bn selloff of Royal Mail shares. The Guardian understands that ministers are …
Read More »Royal Mail’s privatisation has been long delayed but it is welcome nonetheless – The Independent
Royal Mail's privatisation has been long delayed but it is welcome nonethelessThe IndependentLife can be full of ironies. To make sure of meeting Tuesday night's deadline I wanted to post an application for shares late on Friday night. When I got to the local pillar box it was blocked up, …
Read More »The Royal Mail sale is grotesquely illogical – The Guardian
The Guardian The Royal Mail sale is grotesquely illogicalThe GuardianThe sale of Royal Mail is my board-flipping moment. It embodies absolutely everything wrong with privatisation. It involves a service which is loss-making around the rural edges, but vital precisely to those areas. It is a monopoly and will remain a …
Read More »Royal Mail undervalued by £1bn, says Labour – The Independent
Royal Mail undervalued by £1bn, says LabourThe IndependentStockbrokers are preparing to stay open until midnight tonight and tomorrow to accommodate the demand for shares in Royal Mail, with investor interest piqued by claims that the Government has undervalued the postal service by £1bn. The former Labour … More: continued here
Read More »Questor share tip: Royal Mail is not undervalued – Telegraph.co.uk
BBC News Questor share tip: Royal Mail is not undervaluedTelegraph.co.ukThe Royal Mail flotation is just such a point of exchange. Only now are we assigning a price or value to the thousands of Posties and staff at the Royal Mail who deliver this essential service. The fact the price looks …
Read More »Royal Mail pricing is right, says Vince Cable – BBC News
Sydney Morning Herald Royal Mail pricing is right, says Vince CableBBC NewsLabour's Chuka Umunna is wrong to say Royal Mail is being sold too cheaply, Business Secretary Vince Cable says. In a letter to the shadow business secretary, Mr Cable says the price was set after "extensive consultation" with investors. …
Read More »Royal Mail pricing is right says Vince Cable – BBC News
Sydney Morning Herald Royal Mail pricing is right says Vince CableBBC NewsLabour's Chuka Umunna is wrong to say Royal Mail is being sold too cheaply, Business Secretary Vince Cable says. In a letter to the shadow business secretary, Mr Cable says the price was set after "extensive consultation" with investors. …
Read More »Royal Mail privatisation: Investors in stampede to buy shares with instant … – Mirror.co.uk
Royal Mail privatisation: Investors in stampede to buy shares with instant …Mirror.co.ukThe Royal Mail sell-off prompted a gold rush last night as thousands dashed to snap up shares before tomorrow's midnight deadline. Investors are predicted to enjoy an instant profit of up to 40 per cent and stockbrokers are staying …
Read More »Cable defends Royal Mail pricing
Business Scretary Vince Cable says Labour's Chuka Umunna is wrong to say the Royal Mail is being sold off too cheaply. More: continued here
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