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Can you post pictures on here
Welcome LDB.
"I won't be selling, no way"
Never say never. You bought recently so should make good money whatever Kretinsky offers. It will only be recommended if it's a decent amount.
I have been invested here since privatisation although have a dabble for the fun of it.
Agreed. The only things I'm hearing from the business is positives. I understand that junior management fear of restructuring no matter who is the owner is.
You are right theyve also won contracts to collect and deliver passports but it does depend on kretinsky if he’s aloud to buy the company and share holders vote for it you’ll have to sell .
I have recently purchased ids shares, and this was due to a conversation with a Royal Mail employee. The employee informed me.
1. RM will make a saving of 500m when offcom makes changes in the summer.
2. RM sickness costs 250m per year. The changes impermented last year should now bring this cost down to 125m per year.
3. The Redundancies that were implemented last year would now show financial benefit.
4. Newly won contacts such as Nike and Moon Pig have increased RM share of the market, and with other contracts in the pipeline profits, which should be out in Mid May, should show a growth in business.
5. Last Christmas had an increase in parcel volume from other previous Christmas periods.
I won't be selling, no way.
I very much doubt West Ham simply handed over their TV money to their shareholders? They actually made an £18m loss last season so it's unlikely his shares have risen in value.
It's baffling why DK wants to mess about buying IDS/RM when EG has just made £8B profits from its energy companies. Unless he really wants to split off RM and sell it and retain & grow the very profitable GLS, I assume he was behind last year's plans by the company to split RM from GLS ?
Or would it be madness to reject a decent offer for a loss making company?
If you look at what EP Group does and consider how the acquisition of IDS might fit it’s easy to see why Kretinsky is interested and why he doesn’t need to divest Royal Mail to make it successful, the opposite would be the case.
Knoydarts, Křetínský is shrewd and I would suggest that he has a different angle on IDS although I have no idea what it is. This is a man who is so passionate about AC Sparta Prague that he now co-owns it, however he still purchased 25% of West Ham United which he paid £150m for. Why? Because he knew that there was a foreign TV rights deal on the table and gambled. This gamble paid off as West Ham United received a payment of around £500m for the deal so his quarter the club effectively cost him £25m.....kerching.
Last year he said that he was happy with his holding and probably wouldn't be bidding for IDS but now something has changed....but what? Is it to split the businesses? Does he think that Seidenberg really can turn RM around? Is it the lure of the UK property portfolio? Also why didn't he bid when the share price dropped below 130p a few years ago, he could possibly have obtained a bargain price?
Multi billionaires eh..... what are they like?.....lol
Cherryandwhite, "uproar"....from whom? Surely this is the market in action and doing it's thing? I'm not sure why there would be uproar.....more mild disgruntlement....lol
This sp should not be falling at all. If this goes back to the low mid two pounds there will be uproar
Stay as we are I would say the corner is being turned better times ahead
1Stay as wee are stick with the board and future.2D k wants this nugget and rmps the offer . And on the side lines 3 the Dark horse still too emerge . The clocks ticking its squeaky time thats the gig I hope 🙏
Bad would it be if Royal Mail’s parent company, International Distributions Services (IDS), were to be taken over by the Czech billionaire Daniel Kretinsky? Our historic postal service is heavily lossmaking, struggling to maintain its universal delivery obligation and at war with its unions: a foreign owner would surely take an axe to it.
Kretinsky, who owns almost 28 per cent of stockmarket-listed IDS, has gone back on an assurance that he would not try to take the company private and has tabled a £3.1 billion offer – above the group’s current market value but well below what other shareholders think it is worth. He won’t win with this first gambit but he’s likely to be back with a higher one.
Ministers could use national security powers to stop Kretinsky if they deem him unsuitable to own vital infrastructure. Nicknamed the ‘Czech sphinx’ for his reluctance to talk to the media, he built a fortune in fossil fuels but also owns stakes in Sainsbury’s and West Ham United and controls Casino, the French supermarket chain. What he apparently hankers after in IDS is its profitable Netherlands-based parcels division, GLS; analysts see scope for a joint venture or merger with PostNL, which delivers across Benelux and of which Kretinsky also owns 30 per cent.
But what would he do to poor old Royal Mail? If he can’t reform it he’ll surely want to dump it – and few would want to take on its crippling obligations and militant workforce. Is there a scenario in which a Labour government might relieve Kretinsky of Royal Mail at a knock-down price, re-merge it with the Post Office and give us back a decent postal service? If Kretinsky could be the catalyst for that, let’s hear his best offer.
Surely now Royal Mail turning far more positive plus a massive pension surplus and GLS expanding rapidly it would be madness to sell to ketchinsky now
He's definitely got the money to buy RM/IDS.
PRAGUE, April 25 (Reuters) - Energy companies controlled by Czech billionaire Daniel Kretinsky's EP Corporate Group on Thursday posted core profit (EBITDA) of 7.3 billion euros ($7.8 billion) for 2023.
Kretinsky, with a net worth of $9.2 billion according to Forbes, built his wealth in the energy sector and has been expanding into other investments across Europe in recent years, including holdings in Britain's Royal Mail, French retailer Casino and German wholesaler Metro.
Ha brilliant your actually quite a funny wee man
Shiny, I know for sure many here, myself included are holding in the belief of better things to come.
So your in good company and best wishes.
Hi Red I’ll stick with my modest holding and maybe finally see a profit by not selling too quickly as I have before. I have limited knowledge although I do think the price will increase but Mr K has been a constant over my popping in and out over the years and whilst I’m sure he’s knows exactly what he’s doing, I’m not sure the rest of us do. If he really wanted IDS I can’t see why it’s not happened and at a time (pre election at least) when he might get a sensible deal. I guess we’ll know in the coming weeks.
Henky - ‘Just a wee question for the moneyshark why is the share price up today ?’
I’m not going to answer that question for you.
I’d much rather you get chewed up in the Darwinian natural selection process.
Science is a wonderful thing.
Shiny, This share does appear to be subjected to manipulation. Notice the drop until Mr K made the offer.
Despite the rise recently we are still circa 280p. Ask yourself, which way should it move going forward. Most I imagine are holding with a % topping up.
Best wishes whatever you decide.
I posted recently about Mr K’s intentions (much to the amusement of the rude person that many of you block). I visit this site when I buy IDS shares. To date I’ve made diddly squat and have done far better from Covid era oil stock. The common theme over the past years when I have returned to this site is Mr K, who despite much speculation (and of course a large holding) hasn’t ever appeared to come that close to a takeover, which is why I wondered what his actual plan is.
Nike ?
You are correct those are the terms of a 'good leaver'