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Tinker tailor soldier spy
There is no bullying when the market says this is the market value
@ Sid786.
The driving force here is the USO review, fully supported by the CWU. If OFCOM approve this, and i cannot see any reason that they will not, the savings will be huge. If it is implemented correctly. So, while the end of year results may have a bearing on the price and any other bid from Daniel, i think that the USO review is of utmost importance to the actual price, regardless.
@ simx.
"""He's also spent a lot of time and money to get to the position to possibly own a company he really,really wants."""
It wasn't so long ago that Daniel said he had no intention of making a bid for IDS. Now, this makes him a liar for stating that. As well as bully as an earlier poster mentioned.
If Daniel was to make a further bid though, does it seem unreasonable to suggest, that the share price would (should) be north of the previous bid of 320p? There are people "in the know", after all.
I just don't get the price.
TMS
DK doesn't strike me as a bully. He does strike me as reasonable business man who has suddenly encountered the might of the British state
Money, if that's kretinsky's best game of poker with the hand he's got I'll be both surprised and disappointed, unless his next bid is all in at £4.50+. Kretinsky has proven to be the real deal and made a lot of money dealing with some probably very unpleasant Russian oligarchs. He's also spent a lot of time and money to get to the position to possibly own a company he really,really wants. So far everything that has happened has been very predictable, a seemingly deliberately poor offer rejected, which I am sure kretinsky anticipated. The only thing that I don't understand is why he has let the clock run down for so long without another bid. It will all be revealed very shortly how he intends to play this out, the ball has been in his court for 16 days. Could he have planned for 2 more bids? I think there is that possibility and there are still 12 more days to the deadline, and yes, this is probably the only chance he will ever have to own GLS and a quite possibly resurgent RM.
If the board is offering a robust defence against MR K , the only way the major shareholders would accept this is, if the May results show a clear improvement in market share, controlling costs and clear path to profitability for RM....if there has been a significant improvement in RM performance, then not only can they reject the bid from Mr K, they can also manage if Mr K, sold his 27.5 % shares of the company .....
Another week has gone by and no further developments, with just over a week until the deadline……
Which tells me that we should expect just one final bid from Kretinsky and VESA, which will most probably come at the end of next week?
I assume there will be discussions behind the scenes and Kretinsky and his team will be trying to get to a figure that might be put to shareholders by the board…..but given the lack of activity, I don’t think that he’s anywhere near the right ball park figure at present….
My gut feeling at this stage is that Kretinsky has underestimated the steadfastness and stubbornness of the board and the shareholders and he thought that he would be able to bully his way in on the cheap.
He’s entered the last chance saloon of owning this company……he’s going to have to cough up the dosh or he’ll be walking away from his only chance to ever own this institution.
What is going under the radar is the fact GLS as of April 1st have had massive expansion they are now end to end with there packets from the USA to Europe and vice versa so no reliance on local couriers for last mile delivery plus a deal with United States postal service to put some of there parcels through them as they expand there reach from mainly the west coast of the United States to the entire USA 🇺🇸 no wonder ketchinsky wants this company so bad
LDB "Sp very bullish today"
Better times ahead.
Sp very bullish today.
End of year earnings are 23rd may
Darts
Right, got it -cheers
Due on 23/5 lots too see in them' doom years should be in the past I m o
When are results
Not that day ' it's by end of may at latest I believe game changer on news from I d s fullyear results .And as share holders and employees divi 'new work patterns ' New contracts and more it could drop any day I guess So its by 31/5./24 darbo
Sorry it was 2nd of April 1st mentioned the end of May.
Yes I know darbo I 1st mentioned 31/5/24 on the 16th of April when shares were £2.14.Im out on delivery just now (verybusy) And changes in bound at my office 10/6/24 on delivery and collections along with dividend and other things to be announced. Yeh I will fall on my sword though things have moved with the offer alone 😆 .
A deal for Gls is the min that will be sorted here
Royal Mail is just the poor relation.
Knoydarts
You do realise that your whole reputation depends on the events of that day?
When is the cut off for a fresh bid? I thought it was 17/05
This is when everything changes I m o . With or with out a chancer bid from vesa at 3.20. Poor offer spin the wheel 😆 hold
HM government..,, still no.1 stakeholder in RM..I wonder why? which TV channel was that recent expose on?
Sid "Says alot about RM and confidence in it's management...."
NAH! Says a lot about postie's and CWU, siderny 😉😀
Easy to manipulate because the trade volumes are very very very low for such a large company.... Says alot about RM and confidence in it's management....
Share price is all over because a few trades is having a substantial effect on the SP
The Sp is all over the place today.
I can tell you one time when the share price was manipulated and that was when RM went to a PLC vince cable went to hedge funds who were going to buy shares in RM and was told RM was worth 3.3 billion. So a billion shares were put on the market at 330 a share . 2 weeks before the IPO the press were saying RM would go up 25% on the first day Cable went to see the hedge funds and told them he was going to put the price up to 4 pounds a share the reply he got from them was we won’t be buying at that price which would have meant the IPO being a failure on the day RM went on the stock market the price went up 38% . When the share price went well over 5 pounds Cable had to answer questions before a committee as to why he sold RM so cheap an effectively ripped the tax payer off