Member Info for Dowsie3

Mike left 18 months ago Anger so how do he know if the work load is manageable 2 of the 12 duties go in the office I work Friday to be shared out to thr other 10 that’s left

Newdealz you say follow the money when investing well I’m glad I wasn’t following DK when he was paying plus 4 pounds for this share . He is obviously a very intelligent man but you won’t get every decision right the trick is to get more right then wrong . He bought 27% stake in West Ham for 200 million another 100 million and he would have owned Newcastle at the minute Newcastle would appear to be the better bet

Ispy I also think it will be renationalised if it goes wrong here and the postman will still have a job but I don’t think GLS will be renationalised it will be a PLC in its own right and then I think DK will step in and make a takeover bid for GLS . At the end of the day the government got 3.3 billion for royal mail so they can buy it back at a fraction of the price I also think this is what Ward wants anyway

Anger if Labour win the next election your saying it can’t be changed. I’m just asking because I generally don’t know the answer

Anger DK was given the green light by Kawasi when he was business secretary we have a different one now who might not give DK the green light . You only had to look at Kawasi budget that got ripped up as soon as Hunt got to be chancellor it’s not set in stone DK can get more shares if this business secretary thinks it is bad

Anger you say there is very little the government can do when dealing with a private company I have to disagree simply because it’s down to the government whether we have the uso where we deliver letters 6 days a week or 5 days a week the uso can’t be changed without it going through parliament which if it was reduced in its current form the share price would rise so basically the government has a big say in this plc

Regarding the USO I can only speak about the office I work in and every time we have a bank holiday we clear the office which means we only have 5 days to deliver having said that we are now going from 12 duties down to 10 so I would say it wouldn’t be achievable come April when we lose the 2 duties

Well said Dynamo

Scamp you say you think there will be more job losses as the company have said there won’t be any Compulsory redundancy’s I take it you think there will just be voluntary redundancy.And how many more job losses do you think there will be

Everyone knows the USO is not fit for purpose apart from ofgom I believe they looked at it last year and said nothing need’s changing. The USO quite clearly states we deliver 6 days a week letters and 5 days a week parcels yet letters have dropped and parcels have increased so you would think it would be the other way round .

So IA cost 200 million now let’s say 100000 postman went on strike at a 100 pounds a day that’s 10 million RM have saved in wages times that by 18 for all the strike days that’s 180 million saved in wages so Simple Simon must think we lost 380 million in lost revenue

Wolves my thoughts are after hearing simple Simon lying last week who knows what the true figure is I bet he doesn’t even know he probably went to the same school as Kwasi

Not looking good for me Oli only 5 months until I’m 60 then rim retiring I was hoping for a nice pay off before I left . Still what you’ve never had you can’t miss

RM have said the number of VR redundancy’s it needed to hit job cuts targets would be much lower then expected . The number would be significantly less then the 5000 - 6000 it forecast before partly due to staff turnover. That comes from bbc news website. I might be mistaken but I always thought it was 10000 when RM announced redundancy.

Royal Mail boss Simon Thompson faces being hauled back in front of MPs on allegations of misleading Parliament
By DAILY MAIL CITY & FINANCE REPORTER
PUBLISHED: 21:50, 22 January 2023 | UPDATED: 21:50, 22 January 2023

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Royal Mail boss Simon Thompson faces being hauled back in front of MPs on allegations of misleading Parliament.

Questions: Royal Mail boss Simon Thompson faces being hauled back in front of MPs on allegations of misleading Parliament +1
Questions: Royal Mail boss Simon Thompson faces being hauled back in front of MPs on allegations of misleading Parliament

The business select committee is due to meet tomorrow to set its agenda, which could include calling the chief executive back for further questioning following a bruising appearance last week that saw him quizzed about strikes, his £140,000 bonus and plans to stop delivering letters on Saturdays.

Anger former labour MP Chuka Umunna now works for DK perhaps that’s who Thompson was referring to when he didn’t want to mention names on confidentiality

Anger do you think Thompson has been consulting with DK external just a thought

Mike you forgot to mention your bought at 330 at the initial IPO but now the price is 109 down on that you don’t like to admit it . But I’m sure you sold your initial holding for 600

Anger it’s not significant what he said but when he says he has an average of 200 yet he thought it was undervalued at 581 make’s me think he his not being honest. Believe or not I hope everyone makes money on this share but what I don’t like his people making up things about what average they have got who would have an average of 200 when they thought 581 was a good buy . And the other thing with Mike he was calling me a deramber on 24 th January because I thought the price was to high

Did you or did you not say the the share was massively undervalued yes or no