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....meanwhile oil shares are going up. Madness. I'm heavy in oil so happy with that but surely travel sector should be recovering steadily by now. Very frustrating indeed.
I would disagree. The BOD are probably under qualified and too out of touch with the company and how it actually works (not on paper) and possibly only got their position by just ticking the right boxes and saying the right (bs) things.
I actually read headlines on a weekly basis about various workers getting vast pay rises. We just want a fair pay for a bloomin hard job. Don't think anyone is realistically wanting inflation proofing rises but 5-6% before we talk of any unworkable bonus is more than reasonable. Cut the divi, pay the backbone of the company and then lets crack on+as most of us do and have been doing for years).
Maximus, guess you're not a postie then.
Agency workers will cost as much and do maybe 60% of the work in the same time as a regular postie. More likely, we will come back to 2 days worth of mail which will take about 2hrs longer to deliver,for which the managers will pay overtime to have a clear office. Posties will probably do this to make up a bit of money from the day before. Striking on the whole will actually save royal mail money. Doesn't usually harm our reputation either. Hopefully the posties who strike will also not go over to clear it in subsequent days. That's the only way strike action will work.
More lies and scaremongering by the bosses. Saying 'if strike action goes ahead royal mail uk will be materially loss making'. Hmm, haven't they already said we are losing £1mln a day, strike action or not? Funny how they can find money to give the local managers their pay rise and pay out £400mln in a dividend. Any other company I have shares in, cut their divi or cancelled it altogether when they went through hard times. Royal mail really need to look after their biggest asset. US the posties. Nobody can realistically use the headline inflation rate to compare with a pay rise anymore but 5% with no strings is reasonable. The 5.5% they quote is subject to a bonus that really is 'above and beyond ' anything that would be remotely achievable and they know it.
WTF do markets want?
Quadrupled it's profit on increased cost of electricity, any windfall tax calls for that (excuse the pun)?. ...
How about this concept. The more successful you are, the more you earn, the more tax you pay within the parameters that are clearly set out........oh hang on, that exists already. None of this make the rules up as you go along, you've made too much money/we've spent too much/want to look good to get the green vote, rubbish.
Most of these people calling for windfall taxes don't even realise that their pension is probably invested in oil companies. Clueless. Of course, the increase in profit has nothing to do with the companies being forced to lean up and get more efficient in the hard covid times has it? No, of course not....where were the bail outs when oil went negative?
All over the BBC today, people are skipping meals! shock horror! Maybe that will help out with the obesity problem the UK seem to have. Maybe people won't be able to buy fags and booze, another health problem sorted. Yet all we hear is negative comments from the media. Why can't there just be a national drive to teach people some responsibility to look afetr themselves, learn how to cook. Some one on the radio was saying people can't afford to eat nutritious meals and they're having to have things like beans on toast. Honestly ,i shook my head. Protein, check, fibre, check, carbs ,check, I could go on.
so why are US mkts up then?
Why don't the media give cancellation numbers in terms of a% of total flights that day? They love to spread fear. The other day ezj cancelled around 1% of that days 1700 flights and yet still made a headline.
Must be if most are having a '4 day weekend' but we're we're having to go back in on Saturday (and Sunday if you work them).
Cestbon , why did you call yourself that as clearly, everything is not good with you, you are so negative mate.
Chris, first rule of investing. Don't go by the five yr graph,at least not without understanding what has actually happened in those five years. The company is totally different now. Many many more shares and much much more debt too. It's really not as simple as looking at a graph. Having said that, I would say there's a fair to good chance if you invested now, you could for safety, get 2-5% back within weeks or if you didn't mind the wait and ups and downs , maybe 25-50% within a few yrs. Of course, you'll have to wait till Monday now. The media are hammering the travel disruption story at the moment, so maybe a bit of a retrace will happen next week you never know. As always the media's job is to get their teeth into a bad story and blow it out of proportion. They report how many flights are cancelled but not what the % of total flights going is, currently running at a few %. Good luck with your investing and remember a profit is a profit and don't get too gready or panic sell.
Of course, can't mention the 'B' word. Nothing bad could come of that could it? Yeah , Right Boris, of course.
Seems you always get a second chance with this. It really is a lottery ATM.
Also, it's been really windy lately and also sunny too, do the wind farms and solar farms get windfall taxed (excuse the pun)?
I worked out and posted on another site that since the poo went up (thanks to Russia largely) that the government have taken an extra £1billion in fuel duty thanks to the rise in petrol and diesel price. Also why are people happy to pay more for groceries to help the Ukrainian situation but not energy?