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Cornhill Capital sees strong investor enthusiasm in London IPOs


Wincanton Share Chat (WIN)



Share Price: 276.00Bid: 275.25Ask: 276.50Change: 0.00 (0.00%)No Movement on Wincanton
Spread: 1.25Spread as %: 0.45%Open: 278.75High: 278.75Low: 275.00Yesterday’s Close: 276.00


Share Discussion for Wincanton


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eccles
Posts: 3,694
Observation
Opinion:No Opinion
Price:267.00
HOZZ2002
6 Apr '17
i DOES NOT SURPRISE IF THEY HAVE LOSS COOP .
 
Hozz2002
Posts: 24
Off Topic
Opinion:No Opinion
Price:267.00
Update
5 Apr '17
Not so long ago Wincanton lost its contract to B&Q on the transport side. I've heard Wincanton got part of it back from XPO. From what I've been told by there drivers, they have totally screwed this contract up and Wincanton are now running it from rugby and Preston brook. Fingers crossed they may get it all back.
Also the XPO site in Andover which is the coop they have lost but cannot confirm yet until I'm down there again.
Hozz2002
Posts: 24
Off Topic
Opinion:No Opinion
Price:259.00
Moxley
30 Mar '17
I can fully understand the frustrations of many managers moxley. I have worked on whsmiths, M&S, Alba, Unilever, Nestle, Coop, tulip, the list goes on. The one thing that gripes be is? Lack of communication. Common sense. Engagement with staff on the best way forward. Planning i.e. Seeing the days ahead. I've worked in transport all my life and the one thing I don't see is? Leadership. Someone who knows what they are doing. Stobart is a prime example on how bad you can really be and get away with it. Until Wincanton changes its ethos and engage with staff and management the, you'll see more staff leave and won't find better once they have gone
Moxley
Posts: 26
Off Topic
Opinion:No Opinion
Price:257.75
RE: Moxley
29 Mar '17
Hozz, we had another good manager hand their notice in yesterday because of the inept people above us. What's ironic is that the company have just spent money training and developing him on their ' get ahead' program and now he can't see a future with the company.
Our manager recently told us that ' we're not doing staff engagement anymore' and it's about to come and bite them on the backside because we're in danger of losing not only our best managers but potentially the contract.
Moxley
Posts: 26
Off Topic
Opinion:No Opinion
Price:257.75
RE: What a joke
29 Mar '17
Dusty, it's nothing to do with health and safety it's just a way to get more money out of the customer. Wincanton own pullmans so they do everything they can to put money across to them. That's only the tip of the iceberg because we have to use preferred suppliers for everything we order so that Wincanton get their cut on top. You wouldn't believe how much money we could save on site but it would actually not benefit Wincanton so we're not allowed to do it. Most customers would go mad if they knew some of the charges that go through
Dustydoodle
Posts: 94
Off Topic
Opinion:No Opinion
Price:257.75
What a joke
29 Mar '17
I am a large holder in Wincanton shares I spoke to some one who out all week driving for Wincanton he had a indicator bulb out he had too call pullmans they sent some one out with a break down van too change the bulb so you got a call out fee i.e. £100 + & £1 for the bulb they can't change it them self for health and safety reasons what is this world comming to he says it happens quite a lot that just one person how many ring up each day with a bulb out beyond believe can't they have a bulb kit a pair of gloves half a day training how to change it
Pandy2
Posts: 375
Off Topic
Opinion:No Opinion
Price:255.50
Why so many sells?
28 Mar '17
Are the filling an order?
Hozz2002
Posts: 24
Off Topic
Opinion:No Opinion
Price:264.50
Moxley
23 Mar '17
I fully understand exactly where your coming from mate. I've worked on 8 wincanton contracts and seen first hand on how they lost the contracts on some. Some managers are from stobart so we say nothing about that. DHL has to many chiefs and not enough Indians who constantly interfere in managers work. I.e. Unilever, Tate and lyle etc. They need to retain the managers but unless someone takes charge and pick and retain the best managers then wincanton could lose more rather than gain..
Moxley
Posts: 26
Off Topic
Opinion:No Opinion
Price:264.50
RE: moxley
22 Mar '17
Hi Grasi, I think we're slowly catching up and a lot of companies seem to be falling out of love with the big boys. My concern now is that we seem to be struggling to recruit and retain good managers. We recently lost our AGM who was genuinely one of the best managers the site and Wincanton have ever had and I now work for 2 of the worst managers I've ever known. Neither understand staff engagement or motivation and what was once seen as a best in class site is now at the lowest morale possible. What makes it worse is they've tried to bridge the loss by bringing more managers in and we honestly seem to have replaced one great manager with 4 poor ones. Wincanton just need to get back to understanding the need for great engagement and the wins will continue as more and more companies look at their reputation.
Grasi
Posts: 245
Off Topic
Opinion:No Opinion
Price:265.25
moxley
22 Mar '17
glad you're back.Some time ago you felt that win was lagging behind their competitors.Hve they closed the gap in the meantime?Currently they have a competitive edge as most of the big logistics Providers are foreign-owned and suffer from the weakness of sterling




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