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The legal compulsory redundancy is only slightly less than what they are offering and if you take into account anyone wanting VR after 37th November it's about the same without the £6k pro rata (ft/PT) sweetner. 39 weeks of your pensionable pay is what they are offering now as a maximum. About £26k including sweetner for a full timer with more than 16yrs time. Even if you've been there 40 yrs, that's the Max.
Here too. Loads of pkts. Walks being left in /loops brought back, (mostly) useless agency all over the place.
Goeroute was never any good. It may have worked better if in conjunction with the regular postie who did the route every day , but no consultation was ever done in my experience.
Who wrote this rns? Someone will fat fingers if they think we have had 125 days of industrial action! Their intension has now been laid out. Refuse flatly to conceed anything to the CWU, knowing how pig headed the CWU can be, thus forcing us to strike (I don't mind, it's unpaid leave) and thus as said, ending any further discussion. Job number one ticked. Run royal mail into being unprofitable, job 2 ticked. Then as stated, look at splitting royal mail and GLS . It's all been a master plan.
If he does take over I hope he digs into his cavernous pockets and buys us a new fleet of vans. Oh and some uniform. Oh and upgrade our ancient buildings. If you were to take royal mail on face value and look around your average office, you'd think we were going out of business! Posties with holes in their trousers (where there shouldn't be holes), ripped fraying shirts, hi vis stormproof jackets that are no longer high vis or stormproof or even light shower proof. The vans are even worse. I refused to take mine out as the driver seat is so bad it was sending my leg to sleep. Padding all come out right side where you get in and out multiple times a day iron bar at side of seat visible and basically not fit for purpose. I had a look round yard yesterday and 75% of the vans were exactly the same. It really is a shxt hole of a company. I'm sad to say after over 20yrs there.
When was/is the gbp/usd conversion xchange rate taken? hope it was last week not now , we need a crap gbp to maximise our lowly dividend.
JB ,at our place there was only a ban on O/T on Monday. They soon realised it wouldn't work LOL.
nomad, it's the divi holding it back and the fact its at a yr high. atm theres high div yield stocks at bottom of cycle like rio, psn etc so much to think about.
Thanks Barrie. best of luck with recouping your losses from 911....via2008.....brexit...and covid.....and the government at all stages. Iv'e held bought and sold shell for a while now collecting some good divis but now feel 25-26£ is about as high as it's gonna get if theres a global slowdown . China opening up and relaxing covid rules will help.
That's a trailing yield, it won't be that next yr. Just saying. It'll still be good though.
Yeah Barrie, think it may have just triggered but it was on just under £70k worth so maybe not. Anyway, done now and can't see this is the top for the next few weeks. Hopefully will trigger after divi collected for 2550. I'd be happy with that. Other shares looking more potential ATM, divi and growth. Maybe I've just been too greedy. Wouldn't have the first time.
When do they do the exchange rate conversion, because thats looking good at the moment gbp down 2% today.
gaps, how are you getting £71 for sunday premium per week??? It's £5.80 odd an hr more on Sunday. That means you must be doing 12hrs every sunday??
Karv, but energy and wage costs are rising too. I reckon about 10% div yield for next yr on a SP of £13. so possibly a divi cut of 40-50% but still a very good yield if you're buying now. Best way to make money, buy a company that is near bottom of cycle that has a strong dividend paying history. PSN currently fits that bill. IMHO.
took my sell order for 2495 off this afternoon when i saw it rising strong and steady, upped it to 2550. Watch it tumble back down now LOL.
we are now getting to a share price last seen when the price of oil was hanging around the $60-70 area. We've now had 9 months of oil at $90-$120 and many share buybacks and a reduced dividend outlay for 2 years plus. Why is the SP still struggling to get up to and over £25 when it should be in the £25-£30 range? Or am I not seeing something. Ok ,theres a probable economic downturn coming but on the other hand China cannot keep zero covid policy for the sake of their own economy for too much longer. Meanwhile the roads are always chock a bloc with traffic burning fuel (not many full EV's either, at least not round where i live). Feel we are somewhat undervalued here still. If oil suddenly dropped to $60 I hate to think what the SP would be, it just seems a bit out of correlation.
Daytradenovice, yes it's the divi thats holding this back now. The threat of more windfall tax is too, but mainly the divi which at less than 4% yield is not good for an SP that's at a 3 yr high. Especially when you could get a safe 5% on cash fixed for the next 5 yrs if you wanted.
The biggest form of windfall is a lottery win......and that's tax free!!
It would be nice if they knew how much they were 'allowed' to make, then they could close the taps and kick back and relax. Of course, this would increase the poo. Govts just clutching at straws. Did they windfall tax Amazon in the covid yr? Or Astra zeneca?
D9. Exciting yes, but we're never getting our £6.50 a share back this way, sadly.