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Thankyou Wolvesposty, enjoy chatting to other RMG staff & see others points of view/way of life at their offices
Isle, sometimes I like you, sometimes you get right up my nose. I do like your passion for work but militancy and politics rub me up the wrong way, hey maybe I've not done the years you have and don't understand your thoughts and worries.Everyone has an opinion and I know you're a devil for digging the detail,
We need to trust the outcome oh and I am no angel you will know, often i spout gibberish but hey its the time of night I write. Everyone on this board I am sure wants the best outcome, I think you do do too, seriously, the investors on here could put their money elsewhere, they like and trust our business like we do. Anyway hon, I'll shut up, have a go at me, I'm not on here much now, I'm all over, tarra hon
Again, FF & wolvesposty, I love my job & am trying to adapt, respect all views from all on here, I benefit from current t&cs & also regularly go over my time to complete the round I'm on, I'm in a lucky enough position to be able to do that but I also see people who don't have the luxury of what I have & have to finish on time just to pick their children up (as an example) because they are unable to complete in time allocated
lab.. you seem a level headed guy.... welcome
lab I agree with you on more houses on your round and having to be absorbed.... try asking union to get job re timed? you will hit a brick wall... not interested at all... same as 2018. proposed strike... back us we will back you they said...strike called off on which I voted for to protect the pension of seniors... I have only 5yrs service and ready for retirement as this is my last job. since then where have the cwu been? fkn nowhere until they want us to back them...all I ever get is leave the mail and finish on your time.... I have pride in my job and want to deliver to my customers
Lab, we do want it to prosper. Even Rico said there will be jobs for all. Heck they jobs may change somehow, I am no expert, mine has changed so much but I have adapted. Nothing is ever crash bang wallop never ever seen that ever, it's a slight incremental change then you think wow, look how different it is., heck if I'd stayed in the the same role as five years ago I would be dulled, change comes we adapt and evolve. And to quote the company strapline, be positive, brilliant part of it, eurrgh I know. But hey it's true and once we all warm to it, it's nice well I think so, it's worked for me and I've had my doubts over the years, I was proved wrong
You keep banging on about IA being priced in. When was it actually priced in from.
It appears to me that the low this year was mid august, about 188p, so around the time of suggestion of IA.
End of may the closing price was 194p. What was the reason for this?
The yes vote does not carry much weight with the market, IMO.
Action is a completely different thing. I hope for your investment you do not find that out.
Oh! Regarding your job. Nobody cares or believes you.
You may as well say you're Donald Trump.
Thankyou, hopefully we'll all still be here a few years down the line, we all might have differing views but think we all want RMG to prosper ??
Welcome labrador paws from the cat. Glad you joined us ;) . Every region and office is so different, however we are still united in the bigger org. Many things can affect the pressure and morale, in my remit its objectives passed down the hierarchy etc. Buy hey, 20 years, well done, you're a spring chicken, I've done 30, welcome to the club, keep smiling
Hi, have been following this thread for a little while, able to try & see what it means to all sides, I've been lucky enough to have worked for RMG for over 20 years & have a reasonable view on both sides of the coin, there are things that can be improved upon from both management & operative levels, we all need to work together to resolve outstanding issues but unfortunately that isnt the case in most offices at the moment!! Management don't trust the staff & vice versa, staff don't trust management. In the areas that I work there are extra houses being/been built & have been added on to that particular round & no extra time allocated for that person/persons to complete the delivery in the allocated time, thus just one small problem in the grand scheme of things!
Indeed feline, your comments bang on imho
Hi fruitser, I'm in for the long term as I have faith in the business and the investments being made. I'm no expert but all I pick up within is good, I hear a lot about automation, I only have some understanding of the plan beyond my business unit but am fully aware of the advancements in lean and agile data analytics, it's incredible, not a robot fan myself but have to admit they are the future. I feel everything will come together before the 5 year plan is out, its bubbling waiting to go wahay, maybe a few more months/years yet. As a contingency, if the mail fails and it all goes belly up for some strange reason we have the estate, warehouses, admin units, vehicles and workshops parking, the lot, hey we could buy a load of young girls fashion and be the top supplier, we are logistically perfect ...we could be the new boo hoo or whatever the cool trade is !
thx feline. It is very complicated predicting share price moves and certainly the timing of them and noone gets it completely right all the time. But the points i put below of understanding the big issues of uncertainty that the mkt has already discounted and hence brexit is even bigger than i.a and thats why we have moved higher. But not as high as some other uk domestics as i.a ballot has held us back a little. We will also have half year results in a month to reflect in the price too when it comes out if away from expectations.
Obviously i cannot predict things in the future than become a surprise, but i do understand from historic valuations to current mkt pricing agains p.e, yield price to book etc, if a share is being already heavily discounted and its to find those reasons and clearly i.a is already in the price and so is bad news on brexit. Anything that comes out more positive than expectations will have a positive effect on sp. and anything new and negative will have negative effect too. But it truly has to be new mkt moving news for bigger moves. It could also be flow too i.e someone buys / sells 20 per cent of the company.
Hence i like investing for long term but understand the discounts and make a call if they end up as bad as mkt pricing. In short term (other than daily moves) its a lot harder to make the call.
As warren buffett said only own the share if you are prepared to own it for 10 years. But i personally think you can think 5 year time horizons
Thanks Fruitster, it's always good to hear your opinion. I know a lot of us within the business are so entrenched with our lot that we don't see the whole picture. Thankfully guys like you see with more of a birds eye view than we can. I personally value you for sharing your experience and advice, thanks as always.
At the moment the base case, pre xmas and whats in rmg share price is 2 strikes one over black friday and the other over xmas, plus possible more strikes for a short period next year.
Anything better or worse that changes that base case scenario will have an effect on the sp. either up or down
feline idedat. To be honest its tough for p.i that dont understand the mkt. As when they here good or bad news in the press and the share price not go up on good news and down on bad news, they get confused why. The pure reason is the press are last to report, a bit like the headlines at weekend and yesterday of royal mail strike. But the fact was it was fully out there in the mkt but not a big enough story for the press.
Its the same when results are announced and the press headlines are profits down 20 per cent from last year and the sp rises a lot, its just due to mkt expectations and the share may of already oversold months prior and dicounted the price.
Therefore its important that any new news to move a share price, is something that truly is a surprise to the mkt and need the asset to reprice. i.e brexit deal being done by 31st oct soon would be a surprise as its 3/1 and hence why you get asset moves on that scenario
Ps Idedat, seems you should go against the grain and do the opposite to your judgement, you may make s bomb that way, Lol, good luck
Hi Idedat, that used to fox me too. The brains on here told me it's an uncrossing trade. My understanding is it's not a big buy, possibly deals grouped together.
Anyone else notice the very large purchase of 1557854 shares at the end of the day?
I have given up in predicting this sp as it seems to do the exact opposite of what I expect it to do...