Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
JB - ‘Oligarch that's quite a projection.’
You’ve always been one of the more rational posters in this board, you’re wasting your time here buddy…..
You’re never going to convert these ideological zealots.
Best just to sit back and laugh at them. Or as I like to do rev them off the clock and laugh at them.
The UK taxpayer won't be picking up any tab, the letter industry will be gone within a few years.
Ofcom delay to implement modifications to the universal service is only speeding up its demise due to political control.
Well it’s a good job that Kemi Badenoch categorically shut down Kretinsky’s bid in yesterday’s meeting…..as Broch told us, she wasn’t going for a cup of tea after all!
Looks like she’s going to arrange a meeting with Kretinsky to clink champagne glasses and welcome his new bid….
Oh and then there’s Jeremy Hunt this morning saying he welcomes foreign investment but he’s going to be running all the back ground checks (of course you are Jeremy)
‘Mr. Market’ is tanking this morning with all this news about the government block…..
Or is it?
Haha.
Oligarch that's quite a projection. So DK is investing billions in a business and will have to give assurances around infrastructure, jobs, service levels etc but you think he will asset strip? what do you have in mind, delivery offices? Mail Centres, machinery, vehicles? Then you see the business being gifted back to the tax payer, its rebuilt then privatised again. Wow. I cant see that personally. Having said that you are still happy to stay invested?
Steve, "Oh ever buys Royal mail, I hope they bleed it dry like Thames water."
That's a strange comment to make. So you would rather a foreign investor asset stripped yet another UK business and left it on it's knees for the UK taxpayer (that's you and me) to pick up the tab?..….Oh, and when the UK taxpayer has bailed it out it will then be sold to another foreign investor to rinse and repeat.
Absolute suicide if they go down the IA route
Https://www.ft.com/content/eb459766-9ea5-4e31-909f-a65b39372133
I really think the CWU would struggle to get over the threshold if IA was called anytime soon.
Aside from that the current deals protections end in April 2025....and with out the threat of IA next time round potentially.
Some details from yesterdays meeting, also read that Kemi Badenoch is going to meet with DK to seek assurances from him.
https://www.kentonline.co.uk/news/national/badenoch-says-proposed-sale-of-royal-mail-to-foreign-owner-must-protect-service-117782/
It’s the person who sent the item who wants it signed for as their proof it’s been received.
Stevie order the items tracked 48 -24 .wee will put in your nominated safe place ' it's a fantastic service Stevie comes with photo also.
Oh ever buys Royal mail, I hope they bleed it dry like Thames water.
I am sick to death of signing for parcel for less than £10.
Why can't they take a picture of it, like Amazon.
Time to kill
Ofcom, all roads lead to Tony Blair.
Time to kill
Time to kill.
Of course RM delivered Nike years ago but because of competition from other couriers and the resent industry action contcts have been lost. Nike came back to Royal mail a few weeks ago, MoonPig came back arould the same time . If you believe RM has still the same market share of company s as it did years ago where do you think RM problem lies?
An interesting article from the guardian for sure. You can read a lot in to how they are phrasing things but, as a cynic, I'd have to suggest that Ofcom saying they can't look at USO reform actually holds the perceived value of the shares lower and for longer, therefore making DKs bid look more reasonable to many investors.
As I've said before, I'm a long time holder and in no hurry to sell, but if I'm forced to sell I want it to be at a good price and I'm not convinced 370p is it.
I wish I knew what Ofcoms game is. RM have given them an option that distances the government from any decision, so why worry about a GE? Quoting purdah in the article sounds like clutching at straws for a reason not to take action when we don't know the timing of the GE. Ofcom need to grow a pair, take action and help IDS reveal its true long term value to the nation and the shareholders.
JB the first priority of any government is to protect its citizens from threats, foreign...and domestic
Red, worth watching a few more of his videos.
Scary stuff for the middle classes if his bets pay off and he hasn't lost yet !!!!!!!
Darbo I also blame PP and that bloody cat. Good to hear the security and vetting is still as good as its always been.
Hmmm understood and cant disagree that a lot of people are quick to cash in on UK assets. Good to hear you are in profit as that's what we all invest for. The business doesn't owe me anything so in no desperate rush to cash in my remaining holding. I personally think the current bid undervalues the business and if it fails I am happy to continue to hold see what the future brings.
Brock, Interesting presentation.
' the community aspect of a dedicated local postie have been diluted and the infrastructure will in the main stay the same'
Jb, when postman pat retired in 2017 (on a gold plated pension)I took it as a major indicator that the old royal mail was history . Remember those 2 out of 50 letters that didn't arrive at all in that panorama? I reckon the intelligence agencies are/have been working overtime on security issues within this national infrastructure. You don't get to be an employee here without 'who do you think you are' standard vetting
Sid, I'm sure he has a very clear idea of the financial situation. He is a big man in the corridors of power which is a belief reinforced by the Boards backing of his offer.
He knows what this Company is capable of in the right hands.
NEWD. There you are, haven't heard your little voice for some time. To be honest I'm thinking of splashing the cash and can't convince myself that I desire anything material !
So rather than boats, motors or heaven forbid more stock it will be cheques for those that bring pleasure into my life on a daily basis.
Will I sell up completely though? I think the adrenalin rush has too much going for it. So who knows where we might meet in future 🤔
Mr Thistle,
The point of my my response was that the document you linked to wasn’t where you’d find reference to the potential ‘chronic’ risk associated with the takeover of a UK business by a foreign owner. The footnote were my personal thoughts - and I won’t be making the decision...
What bothers me most (apart from the people who can’t engage in a discussion without resorting to childish insults) is that UK PLC currently seems incapable of holding on to and profiting from fantastic world beating assets (not including Royal Mail in that btw) Where are our acquisitive Billionaires ?
This is not helped by a Govt who generally seem comfortable with selling to the highest bidder, regardless.
I’ve made a few quid trading in and out of IDS over recent years and sit on a decent profit now but I’d quite happily see this bid fail and the SP fall back, wiping out my paper profit, in the short term. Longer term I’m sure the returns will be greater.
Redceo, do you think DK has already had a look at the accounts for the year
Once you make a bid, are you able to ask for the accounts
@Red - yes i keep thinking what board are us reprobates going to congregate on after the sales, more importantly where will be taking our money next when DK pays us off?
Any recommendations anyone? only interested in FTSE 250 and 100 ;-) my call is OCADO, but im already in up to my eye balls there as its another tech giant that will benefit from the oncoming automation\robotics industrial wave.