Royal Mail Share Chat (RMG)

So you are not prdc or the person who posted the following below?
Negative Fri 20:14
"I really don't understand people who have negative views. In life always be positive in all ways, that includes work. I believe in a good union that looks after its workers but sadly the union has been taken over, and no matter what you do they want more.
a good workforce is a happy workforce, sadly the union today is unrealistic and the people who run them are only looking after themselves .I say this as a union member."
In which case it looks like your account has been compromised?

Oligarch. Yes I am, and if you go back and read it again you will see they were not my words.

prdc, are you saying that you didn't post that comment on Friday at 20:14?

Oligarch, I respect every ones views and comments, but please don't quote me for something I didn't say.

Oggie19, your final salary pension is the amount accrued up until March 31st 2008 and is ring fenced and guaranteed by Her Majesty's Government. The only difference is if you are in the A/B or B/C scheme.
From April 1st 2008 to March 31st 2018 you would be in the "Defined Benefit" scheme which is based on your annual income, in other words you build up credits each year.
If you think that your pension has not been calculated correctly then contact the pension helpline.
The pension fund does make mistakes and I am currently working with the CWU and Royal Mail because I have CWU members that have not been deducted the correct amount since 1998 which could impact their pension by as much as 10%.

prdc, unfortunately, I find your comment ", sadly the union today is unrealistic and the people who run them are only looking after themselves .I say this as a union member" quite bizarre. If this is your thinking then why are you parting with £3.80 a week to be a CWU member? Just sayin'......

Lump sum, I have lost on the monthly pension about £20 a month, but as some say u cannot lose wat u didn't have. Still a good pension compared to a lot outside.

Hi Oggie19, I'm interested to learn how you lost circa £10k on your final salary pension. Was this in the lump sum or the monthly salary payment?

Yes I have seen a rep sacked on the spot, for thumping a colleague, he was bang to rights. After 33 years I am glad to be out of it, I invested some of my pension lump sum into rm shares for the divi to enhance my pension, if you work at the royal I use to drop of there.

have you ever known a union rep ever lose money or be sacked? very rare. Iv'e known people being kept in jobs when normal people would have been sacked, when they quite rightly should have been, just because you belong to a union , doesn't mean you can't be sacked for doing wrong. I am a union member and if I think things are wrong i will support them, but I'm not a lemming and will not just support what the union says we do.

Sadly as I have said in a previous post, a union as big as the cwu has wages, pensions, buildings cost etc, so it is a business as well with its income from the members. I worked out that I lost about £10k on my finale salary pension, yet there was nothing done by the union when royalmail stopped this, maybe no one was losing their job?

I really don't understand people who have negative views. In life always be positive in all ways, that includes work. I believe in a good union that looks after its workers but sadly the union has been taken over, and no matter what you do they want more.
a good workforce is a happy workforce, sadly the union today is unrealistic and the people who run them are only looking after themselves .I say this as a union member.

20,000 = £70,000 a week in subs, Terry & Dave ain`t going to swallow that.

Cheers Isleworth for the reply. I do think it’s already factored. Rico announced his long term plan in June, which encompasses losses of up to 20,000 jobs. In the most unionised private company in the U.K., the MMs know that IA would be a big upcoming factor. One of the reasons on the huge downmarking of this share, yes I know Brexit hasn’t helped as well. Once we get past this issue and it will be completed this year then this will fly. RMG has landholdings which more than outstrip it’s current SP alone. Never mind the profit, GLS and other profitable holdings it has

@ Labbloke.
Please don't think that IA is factored in. The reason there has not been a drop in price is because the market does not believe it will happen.
If there is an actual walkout and further dates proposed for more, then the price will drop.

I Spy

Feline Interstingly the goal post have been moved. I sense the 900p in three years is now being considered achievable. So your on.
Have a nice week end.

Funny AND possibly true Red, I'll go with 550 if you go with 900 in 36 months, lets make it happen. Imagine it will come true and chances are it will. Have a good weekend you, be forever positive =^^=

JB. Nice weekend to you also.

You should introduce Bentley to feline. ;-)

Feline. You have outed me. Madam **** fortunes told and palms RED!!!
You can have this one for free :-
550p in 2020.

Labb. I do understand your frustration. There are many ways to lead some become your friend others create a hostile environment around themselves. I don't know how Rico is with his trusted circle but my hunch is he is fully focused on the job in hand.
I also get the feeling Rico will move Heaven and Earth to achieve his goals. I personally would stick with it and have Rico as a friend not adversary. After all you catch more flies with honey.

Red, you're a little bit too intuitive, you've got me thinking you're sat with a pendulum and crystal ball. Yes, mad as a hatter but not a balloon, chortle chortle

Good end to the week and to be up 8.25p on the week is pretty respectable given some of the news. As Fruitster and others have said a lot of the negative factors to appear to be priced in. Looks like some decent weather around so enjoy the long weekend. GLA

Feline. My thought from the outset was that you were a little CRAZY! but in a nice way. I'm glad you found us welcoming. Nothing nicer than feeling comfortable with your surroundings.

Hi and thanks, yes of course the latter, but this could be achieved by negotiation over a decent timetable. To come in as he has and lay out this way forward is like waving the proverbial red rag to a bull.

Hi and welcome Labbloke. I hope it's not so many. My question is would you rather be a British Steel owned by the Turkish Army or the survivor of a massive overhaul that resulted in a stronger enterprise that was a leader in its field?