The Guardian (blog) Just what the privatisation of Royal Mail will deliver remains to be seenThe Guardian (blog)The parallel with the Royal Mail is not exact, of course. The state is retaining a 30% stake for the time being, and it would not be sensible for a government to try …
Read More »Rocketing Royal Mail triggers row over cheap sale – Telegraph.co.uk
Telegraph.co.uk Rocketing Royal Mail triggers row over cheap saleTelegraph.co.ukBen Harris-Quinney, chairman of conservative think tank, the Bow Group, said: “It should now be clear to even the staunchest supporters of the government's flotation of Royal Mail that the company has been significantly undervalued.” Business Secretary … More: continued here
Read More »Royal Mail shares soar 38% as Labour complains of knockdown price – The Guardian
The Guardian Royal Mail shares soar 38% as Labour complains of knockdown priceThe GuardianThe government has been accused of shortchanging taxpayers by selling off Royal Mail at a knockdown price after shares in the privatised postal service rose by 38% on their debut on Friday. Ed Miliband, the Labour leader, …
Read More »Royal Mail: sell now, or buy more?
Whether you got the shares you wanted or not, you can still profit from Royal Mail, says Richard Evans. More: continued here
Read More »Strong Royal Mail market debut fuels debate over price – Reuters
Strong Royal Mail market debut fuels debate over priceReutersBritish Business Secretary Vince Cable again denied the government had undervalued Royal Mail, whose red mail boxes decorated with the Royal Crest are a feature of British landscapes from Land's End in southwest England to John o'Groats in the far … More: continued …
Read More »Cameron hails Royal Mail success as shares close up 38pc on first day – Telegraph.co.uk
Telegraph.co.uk Cameron hails Royal Mail success as shares close up 38pc on first dayTelegraph.co.ukRoyal Mail shares closed up 38pc at 455p on the first day of trading, the biggest one day rise of a privatised company, as Prime Minister David Cameron declared the sale a success. After a heavily oversubscribed …
Read More »Royal Mail shares close 34% higher after London debut – RTE.ie
Royal Mail shares close 34% higher after London debutRTE.ieShares in Royal Mail have closed a third higher following their first day of trading on the London stock market. The 34% rise from the 330p offer price has fuelled the debate about whether they had been priced too low in order …
Read More »Hedge fund investing in Royal Mail employs George Osborne’s friend – Telegraph.co.uk
Telegraph.co.uk Hedge fund investing in Royal Mail employs George Osborne's friendTelegraph.co.ukLansdowne Partners, one of the world's biggest hedge funds, has invested in Royal Mail and is said to have a £50million stake in the company. After a day of frantic trading the value of its shares has risen by £18million. …
Read More »Royal Mail’s instant billions a temptation for Canada Post: Don Pittis – CBC.ca
Royal Mail's instant billions a temptation for Canada Post: Don PittisCBC.caThe reason for the Royal Mail's excitement, and why Canada Post might be hungry to follow suit, is something called leverage (or gearing). Government agencies are not allowed to borrow the way that private companies can. But the moment a …
Read More »Royal Mail share buyers make instant £250 as price soars
Share price rise of 35% will fuel accusations that the government undervalued Royal Mail and shortchanged the taxpayer The 690,000 people who managed to buy £750 of Royal Mail shares have made an instant paper profit of more than £250 after the shares soared by 35% when they started trading …
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