The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
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mass redundancies - real people - yes, but voting for strike action is voting for redundancies. Time to clear the decks!
Nuri, that's a nice statement..."Make mass redundancies", these are real people with families .
True to form Royal Mail kicks a market when it is down.
I hate this company and that comes from a long term Royal Mail share holder who gets on very well with the local post people.
Can you remember all the benefit scrounging cretins demanding to know why RM was sold off cheap and looking for extra benefits to compensate.................or they would have if they could be arsed but fronted by quality attention seeking newspaper articles in the Daily Mirror, etc. I wonder if these lowlife are interested in supporting my capital losses on this munter.
Sad to see the infighting on here as there is no-one to blame except the company itself. I can back that up by failures in their general postal service as have a folder with many claims required for failed basic services over the last couple of years.
Why do I bother?............some sado masochistic lack of pleasure, I dunno.
Good luck all
My union is seeking an agreement which will safeguard jobs and make this industry very profitable. Your take on things could not be more incorrect if you tried. The reason we have good terms and conditions of employment is because of this union not the employer. There is power in a union
masaballoon - I can be bothered to engage with you. As a general rule my belief is that there is no place for Unions anywhere. I am a capitalist true and true. Yes, it has its faults, but I would prefer to live in a free market economy than a basket economy. Your Union is fighting against necessary changes that will ultimately safeguard jobs for people - I hope Rico makes good on his promise to make mass redundancies and introduces zero hours contracts - staff have had it far too good for far too long - staff turnover rate a third of the average for the economy- too many cushy jobs with brilliant perks. Confrontation coming!
Nuri all of the points you have made have all been made previously have never been correct we are still here 110,000 of us loony lefties as you put it and we are going nowhere unless Royal Mail sit down with the CWU and talk which they will have to do in the end because nothing is going to happen until, the employees are on board. Its not the CWU you have to blame for this it is the board pure and simple. Once the CWU meet with the leading shareholders and explain to them that there is another way a sensible way which increases profits you will then see a coup against the board. If you keyboard heroes on here wont do anything about the CWU will
Taverham, UPS are very good. I only use RM for up to 2kg parcels (for cost reasons) UPS 2kg to 15kg. Ups are cheap when using paypal, they will come to my house to pick up parcels and deliver within 2 days, if they started delivering below 2kg at similar prices I wouldn't use Rm at all. This is what Rm need to sort out.
One thing your protest group of unionists confirmed was that in taking your action(s) as you have done within the context of having the 'best' terms across the industry, you have managed to achieve several things: an increased likelihood of mass redundancies; an increased chance of reductions to benefits; an increased change of RMG profits falling; an increase chance of the share price falling. All of these things will impact directly on RMG workers quality of life; RMG workers have managed to get themselves oven ready - turkeys really do vote for Christmas! Unfortunate! But I'll survive!
nuri, believe what you like, you did when falklands kept saying 175...
Madsaballoon - its irrelevant in any event. RMG employees need to wake up and smell something.... Jeremy Corbyn has ZERO chance of leading anything other than a protest ragbag of loony lefties! Arthur Scargill was bad, but Corbyn... for the birds!
sharensharealike - you are a fraudster at best! You haven't posted anything at all - so how can you say you shouldn't have listened to me. Suddenly today you start posting! A complete fraudster - probably with another username or several on here.
The CWU will in all likelihood lose the appeal I would be very surprised if we win it. But there you are.
The only decent delivery person who turns up at my house is RMG. The others can barely speak english , often drive across my grass and show no respect for the goods inside the boxes they throw around. How did we let this happen? Third world service driven by the likes of amazon imv.
Nuri, I only joined this year and don't want to give my opinion on any shares when my knowledge is close to zero. I have put my opinion of Falklands on here because several members were very critical of him. Having seen the exact same mentality on the TC page towards every member who dared to say don't invest, TC are bad news etc, I don't like to see as a balanced view is needed.
Ps from reading the actual results and not a rose tinted view of them, I think you are wrong, sadly RM are a risky bet at best just now and if they make a loss next year their sp will go down further poss below 150, but I'm new to this and could be way off.
250 close would be nice :)
mmm i'm tempted to bail out now at break even BUT surely its worth more than this in its individual bits??? DYOR GLA in for the moment
200iq - lots of ifs in your doomsday message... if a typhoon or hurricane hit, if a fire broke out in all of the sorting offices, if workers were struck down by widespread flu, if... if.... irrelevant, until it happens.
Under a £1 with current performance and I'll buy at least £100k - no ifs, no buts!
If they overturn the previous ruling it could be another 40p off the SP and the a long strike could see another 40p off. This could end up under a quid.
This is why some investors are stupid:
Yesterday, the share price was c. £2.30 and had been on an upward trajectory. All of the issues alluded to in today's update were well known by most serious investors. What was not known was how well UKPIL had done... and how well GLS were doing. Today, its confirmed that profit will meet expectations and it dropped 17%. The conclusion my dear friends is that a lot of shorting took place this morning... i.e. non-investors flooding the market with shares. Tomorrow, you will find out, or perhaps early next week, just how much took place.
Appeal decision should be soon as it's time sensitive. Next week probably.
Richard Hunter, head of markets at interactive investor, says Royal Mail has delivered a "mixed bag of numbers, as the increasing pressure of a letters market in terminal decline continues to bite".
"The mauling of the share price by the ever-present bears of this stock compounds a sorry performance.
"The current price of around 200p compares poorly to the float price of 330p in 2013, let alone the peak of 631p in May last year.
"Over the last 12 months the shares have lost 41%, as compared to a 10% rise for the wider FTSE 250, and the situation could yet worsen as the likes of Amazon and Deutsche Post continue to encroach into Royal Mail’s territory.
"As such, the market consensus of the shares as a sell looks likely to remain firmly in place.”
When we will hear a result on the CWU appeal ?
Sharensharealike - never ever saw you on this share forum and its your first post... wow! You listened to me and never said anything. Looks like an account that has been set up by someone who already had another one.
Wheres Ringo ????
:)