Thursday, October 03, 2013

Royal Mail shares

You can apply for shares in Royal Mail over the internet (payment by debit card) or by post (payment by cheque). I've decided to plump for some shares based on the following:
  • Institutions snapped up their portion in the first few hours of availability, a sign that those who have done their homework see value.
  • Politicians will be eager to see a pop in the share price, after embarassing themselves with Lloyds and RBS.
  • The share price range is widely perceived to be at the cheaper end of the spectrum. 
I'm not expecting big gaines here, but risk reward looks favourable.

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