Royal Mail Share Chat (RMG)

Oligarch I was typing as you posted but similar thoughts re additional costs/profit margins on various streams of traffic.

Mr Nation looking at the volumes of parcels in isolation serves no purpose as the reported reduction in letters offsets any gains, IMO this picture will start changinging as businesses get back to work and letter mailings pickup and I hope sick leave levels have reduced. I expect the SP to get to £2 but saying it everyday with little to support it just sounds like a trader ramping.

MrNation, volume isn't the defining factor here if it's not making a profit. As things stand, parcels are busy although dropping off as we reach the last two weeks of the month, however as we have insufficient parcels automation around 80% are sorted manually requiring several "breakdowns" before being sorted to a delivery walk. This is extremely costly for RM. Also, unlike letters, parcels cannot be "sequenced" for the delivery postie so require more time to sort out in the van thus adding to the cost of processing and driving profits down.

GKZ - Makes more sense for the union to reach an agreement, in that way they retain an element of control and the share price goes up - not agreeing puts the share price down and Kretinski in play for a hostile takeover - with that scenario the union have no control as he will approach shareholders direct and the shareholders will agree if the price is right
dyor etc

GZK yes I think there will be an initial agreement will be reached which will settle the pay deal and the removal of IA then joint working groups will be set up to agree revised framework initiatives/agreements which will take a couple of months. I agree RE customer satisfaction metrics and the employee survey results need an awful lot of work.

Nevertheless, RMG still has a large share of the parcel market and due to the volume, the SP could go up. It's all about the market's belief in a turnaround imho.

What is the volume like ?

Mike, he could always use the "Maxwell method"...lol

Hey Jb, of course. An agreement would do wonders for the SP as the market would start believing in RMG's plan. I don't know whether an agreement will occur tho? What do you think? Next month's figures tho could mutilate the sp.
Nevertheless, RMG still has a large share of the parcel market and due to the volume, the SP could go up. It's all about the market's belief in a turnaround imho.

At work yesterday our HR Manager's (consultant for different companies) presentation highlighted where my company stood in terms of satisfaction (80%+) which is very good. For comparison purposes, he compared us to other companies. He said RMG's workforce wellbeing is well below (30%). They need a happy workforce, lot's to be done.

I thought it was Chadders too! Is Alan now Mr Nation?

Getting closer

I understand how asset stripping works apart from the pension bit... how would he legally ''remove £1bn'' from the pension fund?

hiya, and thx, yeah still holding, divi canx was painful i wont say otherwise, but i think as you, no way it should have been that low, problem is my whole portfolio took a beating, and i was already down on most.
Have about 10k in here still, and only have about 1500 spare right now, so to put that in here, with no divi, i'd need it back at those levels to consider it, for example 140 would give me a 20p drop in avg for the extra 1500 in, i've others i need to average down on first really, and some of those i could half my avg

Did you get a pat on the head ?

Alan, can you stop posting this rubbish please?

Christmas levels of parcels every day !!

Re-rate coming imo

@Wolves Let me take you back to post you made either last week or the week before that. In which you were claiming that you were performing 50 hours work per week. So you see and i know this is something which will be impossible for you to achieve, please be consistent in your arguments. You cannot claim to have done all of the work as a part times and worked 50 hours a week which two more than a full timer. Dunderhead

@Oli
You are correct that was the Dutch model i recall.

Wolves, I seem to remember from the dim and distant past (well about 2010) when RM were introducing sequencing machines that there was a heavy suggestion that the days of the postie were numbered and that the sequenced mail would be delivered to housewives or mothers who had dropped their kids to school and wanted some part time work. These housewives would have rounds of about four hours duration and for weekdays only. Of course it never came to fruition because the CWU had the idea squashed on several grounds but mainly on the issue of security.
As we move forward into parcel delivery, I forsee the role of the postie not only being full time but also more than RM currently employ with perhaps an increase from 90,000 to 100,000 to deal with demand especially if RM get to grips with parcels automation.

mad just got on so excuse me for the delay in replying..... you reckon a posty is a full time position then... well facts are... no post Saturday all 48hrs and 2nd class packets/parcels left on frame.... bank holiday so no post...so all took today.... took equivalent of 2 days post/parcels and packets and finished on time.. and not just me... so where is your argument? and I am a part timer....

Hello Crystal. It's been a while. Sometimes it just takes belief. I believed and with just cause. Problem was ***
RMG should never be down here who do I blame not ****
Anyway best of luck with your holding here Crystal send nice to hear from you.

JB. How often do we manage to buy or sell at the exact moment she changes course. But when we do and especially when the Troll experts tell the World your top up was a massive mistake. Still puts a smile on my face. Cue the green text lol.

those are some good top up or buy in points, i think i'm still carrying about a 245 avg, as i didn't have the funds (or balls) to throw more in after they killed the divi

Redceo I recall you saying you could have got a better price at the time but as you say they have worked out well for you. Feels like we are in yet another pivotal time for the business, never a dull period on here.

My typo lucky I checked or the trolls would be on my back :-))))
15/04/20 rmg bough 9999 @ 138.70

Hi JB. Thinking about it that was the top up that peed me off a little. I recall posting that I had jumped the gun @129. From memory I bought close to opening.
I have seen previously the 119 reference but never recall seeing that low. Two :-)) I got a few top ups in down there at the bottom, another for example that I predicted to buy 9999 a few days before I bought then posted live 9999 eas 129 and some fractions about the 30th April from memory. Happy days