The next focusIR Investor Webinar takes places on 14th May with guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register 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.
I understand the financial report is better than expected.
1. The 20 thousand redundancies are now making a saving of 60 million a month.
2. Royal Mail knew there were fake stamps in their system but didn't know to what scale. The new stamps have shown fraudulent stamps in the system was much larger than feared but has resulted in a larger than expected increased revenue.
3. Large parcels volume has increased 2000 %
4. RM has won back many parcel contacts.
5. The reason why RM hasn't released financial reports earlier was due to election mail being included in the final report, which is substantial.
Why would the shares be suspended following a new offer? I’ve not seen shares suspended for this reason before
Quite possible NWP
2nd bid submitted already I suspect and suspension to allow for swift consultation before putting to shareholders
We'll see
Gosh that crystal ball.
Northwestposty - ‘Someone as told us this morning shares are suspended from Monday’
On what grounds? And who told you this rumour?
Someone as told us this morning shares are suspended from Monday
I've made a note long ago - :
18.1.2024 was Q3 update. Next due I believe to be Mid May 2024 unaudited results for 52 weeks ending March 2024.?
Good if true😊
I'm hearing the ids results will be released early next week.
Exiting recession, should help the SP and of course the fact that it's rising albeit slowly won't help DK.
I'm happy to hold.
Kretinsky will have to make another bid by the 15h of May
When’s the next bid likely
We are marginally drifting up here
I agree that results will be in line or perhaps just slightly more positive in RM with early shoots of recovery beginning to shine through. We truly do appear to be a major junction and whatever direction it takes I am happy to hold to see what the road ahead looks like. Ofcom, DK, Bid/s, CWU approach and new CEO lots to factor in. The market does appear to be quite cautious and of course worldwide events influence but I am surprised its not got closer to DK's initial bid. Lets see what unfolds.
You win some and you lose some, overall I'm up 1000% over the last 15 years.....
Sid786 - Hope that you end with a green figure here no matter what happens in the short term.
Hopefully Kretinsky will get the message and put an improved offer on the table in the right ball park this time…..
Well I have a substantial holding at 4.78, then smaller holdings at 3.52,.and 3.43, and another small holding at 3.05
So around £4 or make a small profit, therefore I'm hoping vesa doesnt succeed
Don't mind keeping my shares in ids long term , more for the dividend
Sid786 - The results are will be in line with expectations at best……ie Royal Mail making a significant loss and GLS plodding on but nothing remarkable.
I expect that both business’s combined will be nearer to break even bit probably still loss making in the short term.
Sid786 - ‘TMS, it's a win win situation for IDS and shareholders’
I agree. Under Seidenberg’s leadership I think the future is rosy for international distributions services and I think in a few years for now the business will be extremely profitable again……which will be boosted further if OFCOM pull their finger out of their backside and green light the changes to the USO……
All of which is very good news for long term holders of IDS shares.
So I will be happy either way…….I’m MORE than happy to hold my shares for another few years and watch as the company returns to profitability or…….sell my shares if and when Kretinsky and VESA make a palatable offer for the business. Anything near 400p would be a very nice pay day for myself.
Win win.
Meant to say, the fact IDS hasn't released their group results early, tells me RM performance was normal rather than exceptional
That's why they are focusing on GLS
TMS, it's a win win situation for IDS and shareholders
if the board reject vesa, they will double down on costs and improve efficiency market share and over all performance
And if they accept a bid from vesa , it will be at the higher end of what vesa was expecting to pay
I'm very surprised they haven't released their group results early, we're normal rather than exceptional
I think this presentation is aimed at large institutions he might be thinking of selling out cheap in the eyes if the board
Another brief presentation today from the board highlighting the value of GLS as a business in relation to the offer made by VESA and Kretinsky.
The message is clear……we’re not going to be bullied on the valuation of this company.
Less than a week to go and no activity…..which tells me that my earlier prediction could be correct and that we will get one firm and final offer from Kretinsky before the end of the deadline.
There will be plenty of homework being done behind the scenes and my guess is that VESA may have been taken back by the resilience of the board and shareholders.
Cough up Daniel or walk away is the message.
Either an acceptable bid goes through from DK.Or get s booted out from the board .I m o its a no brainer at 2.80 a share ? May dip iff it gets knocked back may be I guess . But either way this will be a good buy folks 23 /5/2024 results inbound. Kick it oot the park unless the board say otherwise. Bring the next year on without D K 🚀 clocks ticking I'm in and confident 😎
Perfectly feasible albeit FTSE at record highs once again and we could well be just drifting higher
The way this is acting this morning I would say the RNS is being written as we speak.