Royal Mail float

[fullyautomatix]

This has got "mugs" written all over it.

The government and media are doing a sterling job out of it, hyping it up and getting everybody to sign up. They are now confident of getting the maximum share price.

Short term profit ? Try it by all means , I doubt you can double your money.

Long term ? RM will increase prices every 3 months just to keep shareholders happy and in the end other courier companies that are circling around will get competitive and RM will sink. I give it 3 years.

[DimPrawn]

It's a punt but I reckon there's a good short term profit in it.

Long term, unions and competition will sink it.

[fullyautomatix]

It's a punt but I reckon there's a good short term profit in it.

Long term, unions and competition will sink it.

Why is there a short term profit in it ? What will make the share price shoot up in 3 months time ?

[jamesbrown]

Why is there a short term profit in it ? What will make the share price shoot up in 3 months time ?

Valuation at IPO. Still a bit of a punt IMHO, but prices will likely rise short-term, i.e. the company is likely undervalued at IPO.

[SimonMac]

Why is there a short term profit in it ? What will make the share price shoot up in 3 months time ?

The offer is generally thought to be under valued, so there is a short term profit (days not months) where the consensus of opinion is that the shares are really worth about 400-450p rather than the 330p offer price, so there is room for a quick buck, but I don't feel that many people other than the big investment funds will get more than the minimum allocation of 250 or so shares

[northernladuk]

Wow, everyone must be serious about this. 13 votes and not one single Andy's mum vote. That must be a record

[mudskipper]

I've ordered £5K worth within my ISA.

I'm going for a quick buck.

WHS. I'll sell when Dim does.

[Pogle]

Yep that sums up my feelings about it.

[DimPrawn]

Why is there a short term profit in it ? What will make the share price shoot up in 3 months time ?

As the others have said, IPO consensus is it's undervalued.

Only time will tell of course.

[gricerboy]

Quick question - I open a Hargreaves Lansdown ISA and apply for 4k Royal Mail shares.
Supposing I only get an allocation of £750. Can I get the 3250 back or will I be obliged to invest it in other funds?