Questor share tip: Royal Mail is not undervalued, Karl Marx says soTelegraph.co.ukThere is a spectre at the capitalist feast of the Royal Mail flotation, who has so far remained silent. In the very first chapter of Karl Marx's Das Capital he outlines exactly why the recognition of value cuts to …
Read More »Investors in rush to buy shares in ‘undervalued’ Royal Mail ahead of deadline – Evening Standard
Evening Standard Investors in rush to buy shares in 'undervalued' Royal Mail ahead of deadlineEvening 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 …
Read More »Cable hits back over share price for Royal Mail – Financial Times
Cable hits back over share price for Royal MailFinancial TimesVince Cable has hit back at Labour claims that Royal Mail is being sold too cheaply, warning that “irresponsible” allegations the shares are undervalued could damage investors. The business secretary wrote to Chuka Umunna, his Labour opposite number, … More: continued here
Read More »Royal Mail shares: How to buy at the last minute – Telegraph.co.uk
Telegraph.co.uk Royal Mail shares: How to buy at the last minuteTelegraph.co.ukAlthough it is difficult to gauge how popular the share sale has been before the offer closes, the indications are Royal Mail shares have been in high demand. A number of investment analyst believe the price of the shares, at …
Read More »Royal Mail IPO: Retail investor demand highest since lastminute float – Telegraph.co.uk
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 …
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