"Shares in Royal Mail sank as the Government sets the wheels in motion to dispose of its final stake in Royal Mail. A ministerial statement was tabled in Parliament, confirming the final 1% stake the Government held would be given to the company's 140,000 employees which was announced in October 2015.
Postal workers wouldn't be able to sell the shares for three years as per previous shares gifted to the staff. The decision caps off a two-year long privatisation process marked by allegations that the state sold too cheap. Postal workers received 11% of the company as a part of the privatisation."
We are seeing sustained parcel increase at work, seems like the busiest Jan we've had and the letter volume isn't dropping as much as they would have you believe, from my perspective as a postie although of course I can only comment on my office and not nationally. Gl with your investing.
beatrootjuice i assume a posty? so he must have some information and is invester, talks a lot of clever ideas!!
Also agree with his letter and parcel number s .... pre post!! info So lets crunch some numberS guys for results, if im wrong tell me . !! Buy on any drops!! Always do what u best at *******Results**** Royal Mail has released results covering the nine months ended 27 December 2015.
Peak Christmas period well, with 130m parcels handled in December alone, 6% more than last year.
Addressed letter volumes declined by 3% (excluding election mailings), slightly better than the 4% decline seen in H1. Total letter revenue was down 2%.
European parcels (GLS) performed better than expected with volumes and revenues increasing by 11% and 10%, respectively.
Not sure how they account it as it's not strictly speaking 'addressed mail' although has to be treated as first class. Can get sacked if found not to have delivered it as obviously it's a massive money spinner for us. We got 4 lots this week, that's over 4000 items.
Only a few of the smaller amazon packets here, books that sort of thing, had more back before xmas when they couldn't cope. Regards lapsing, not a chance here, today was very nearly as busy as any day in run up to xmas. Packets to the roof of van! (not on top you understand!)
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