Union says public sold short as figures reveal shares in company up 80% on valuation prior to stock market float The government faced fresh accusations of shortchanging the taxpayer over the Royal Mail float on Tuesday after it was revealed that bankers valued the company at up to £8.67bn when …
Read More »Royal Mail shares continue upward momentum in first official trading
Thousands of retail investors rush to book £300-plus profit as privatised company officially floats on London Stock Exchange Tens of thousands of people have made more than £300 profit from selling Royal Mail shares as the privatised company officially floated on the London Stock Exchange on Tuesday morning. Royal Mail …
Read More »Stick or twist: Should you sell Royal Mail, Tesco or Vodafone shares?
Expert verdicts on whether investors should hold or sell some of the most widely-held shares More: continued here
Read More »Royal Mail shares demand outstrips supply
Huge interest among members of the public will hit institutional investors, but hundreds of staff refuse allocation of free shares Dozens of banks, hedge funds and other institutional investors will be prevented from buying any Royal Mail shares as demand for stakes in the privatisation hugely outstrips supply. Institutional investors …
Read More »Royal Mail shares: hedge fund takes biggest private stake
TCI's 5.8% slice of Royal Mail shares fuels criticism of Vince Cable over 'fire sale' as Labour says small investors let down A hedge fund known for its aggressive investment strategy has become the largest private shareholder in Royal Mail, re-igniting anger over Vince Cable's controversial privatisation of the postal …
Read More »Royal Mail share price: Privatisation faces fresh scrutiny – iNVEZZ
Royal Mail share price: Privatisation faces fresh scrutinyiNVEZZiNVEZZ.com, Thursday, April 24: Royal Mail's (LON:RMG) IPO process will come under fresh scrutiny from MPs next week when bankers from UBS and Goldman Sachs – which handled the postal services group's privatisation – are summoned to give … More: continued here
Read More »Royal Mail in spotlight again as MPs question bankers who handled sell-off – The Guardian
The Guardian Royal Mail in spotlight again as MPs question bankers who handled sell-offThe GuardianThe Royal Mail privatisation will be the subject of fresh scrutiny by MPs next week when bankers from Goldman Sachs and UBS – which handled the sell-off of the 500-year-old institution – are summoned to give …
Read More »UK government, bankers back in spotlight over Royal Mail sale – Reuters UK
UK government, bankers back in spotlight over Royal Mail saleReuters UKLast October, the government sold 60 percent of Royal Mail at 330 pence per share, ending 500 years of state control and raising 2 billion pounds ($3.36 billion) for the public purse. However, the firm's share price has since risen …
Read More »Royal Mail privatised for up to £1.5bn less than City estimates of its value
Estimates of value ranged from £4bn to £4.8bn ahead of government selloff for £3.3bn, business department reveals The furore over the sale of Royal Mail erupted again on Friday after it was revealed that investment banks have estimated the company's value at up to £1.5bn more than its privatisation price. …
Read More »Is Royal Mail PLC A Super Growth Stock? – The Motley Fool UK
Is Royal Mail PLC A Super Growth Stock?The Motley Fool UKDespite experiencing share-price weakness in recent weeks, Royal Mail (LSE: RMG) has had a fantastic run since it listed in October 2013 at 330p. Since then it has hit a high of over 600p and now trades at 530p – …
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