Let us have some grown up debate about the company not this childish banter if you want to pursue this pathetic way of trying to insult real investors go ahead as I have said before been at it a long long time done very well and continue to do so .You jokers keep playing at it all 3 of ya ,you know who you are ha ha
Regarding Pensions RR is like the Premier League of pensions compared to schemes like BT and RMG which have massive shortfalls I know where I would like to be getting a pension from so no worries there
Let me put this to bed my wife has over 27 years experience working at RR she travels around the world in her job capacity in the professional role she performs , the total care package is where RR make most profit there is a good customer base for this service .As for the pension fund this has absolutely nothing to do with the business it is independent of the business and one of the better funded and wealthy schemes out there
Sorry mate but that is a really stupid scenario to put forward in relation to RR and Tesco,I don't think you understand the business model I suggest you leave your ideas for RMG as they will have a few skeletons in the cupboard business wise in the future wait and see
I'm sure with the cost cutting exercise MR East will put in place along with the ideas he has for taking the company forward will achieve every success for the future so long term holders just sit and wait ,the dividend news whatever the outcome will only get back to these levels or more once his plans are succeeding of which I'm confident they will along with many others this will look cheap in a few years
Why would you not want to cut middle management positions to save on costs ,I know from first hand experiance that there are an awful lot of them doing very little,good call by the CEO and more to come I'm sure
Markets need Communication and Transparency that's what the CEO has delivered whatever the outcome in the long run this is good there are too many senior management who do very little and Mr East has identified this so cutting costs this way is positive
Simon are you sure your an employee as you don't sound like you follow what is happening on 24 November unless you are middle management I don't think you have anything to worry about,as Busateetee has said I think that the market has priced in any news about the divi
Some of us don't fret and whinge about what ya could of done Hindsight eh ,I'm sat in a bar in Brugge having a few beers relaxing the future will be rosy
Listen A---hole some of us are real investors who have confidence in the Products and company .The business may have made a misjudgement about a new engine design 5 years ago but the quality of the the products they produce does not suddenly make them a bad business like all quality products they will learn from this under new CEO and make good progress I'm sure .If ya are that bothered go and put whatever amount of money you have invested somewhere else ,lets see where we are ain a few years eh
Ya can't compare RR to RMG as they are beginners and a completely different business as for dealing I've been involved since the late 80s and done very well and have no worries about the Future of RR as you say if ya don't get a dividend you can move your money elsewhere I'm in a good position so will not be selling