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Can buy for 0.034p this morning this hit 0.054p..
DUMP phase is here
“Let’s think about our options” ?
GLA
Hoping that silver was the new lithium? Sorry
GLA
It was the silver that LR refers to as being the new lithium... it would seem Samsung seem to think so?
https://www.google.co.uk/amp/s/insideevs.com/news/405131/silver-answer-solid-state-cells-samsung/amp/
Another carrot?
GLA!
On the other hand this is taken from RMGs industry outlook published on their website..
myroyalmail
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Latest news
Industry outlook
Coronavirus: The impact on postal services
The covid-19 pandemic has had a growing impact on the global economy. In its latest assessment, the Organisation for Economic Co-operation and Development (OECD) has warned that the UK is likely to be the hardest hit by coronavirus among all the major economies.
The OECD has said that Britain’s economy is likely to slump by 11.5 per cent in 2020, just overtaking Germany, France, Spain and Italy. The Bank of England has forecast the UK economy will contract by an historic 30 per cent in the first half of 2020.
Driven by online shopping, UK parcel volumes are up 31 per cent, but UK-addressed letter volumes are down 33 per cent (308 million items). Revenue has fallen 23 per cent. Overall, UK revenue was down £22m in our April trading period alone.
‘The financial contribution from parcels is not the same as letters, which are in steep decline,’ said strategic insight manager, Val Walker. ‘We estimate for every one per cent of letter volume decline, we have to grow parcel volumes by over two per cent just to stand still.’
Marketing mail, which accounts for £1 in every £7 we earn from letters, has fallen considerably. The money we make in parcels is not making up for the falling letter volumes.
‘I appreciate colleagues will feel they are exceptionally busy with parcels, but the underlying impact of letter decline in our network is a significant impact on the business and something we need to continue to review’, said national service delivery director, Ricky McAulay.
‘We need to look at costs now, but importantly coming out of this pandemic, we need to see if we can accelerate our Journey 2024 strategy.’
In our office letters down 29%, tracked up 100%, packets up 64%.
May have something to do with Rico telling you all we are going to make a loss and then in reality having traffic busier than the busiest xmas pressure every day... maybe?
Also they tried to change tomorrows hours to 8hrs 30 and everyone refused so just doing our normal 7hrs 40. Itll be cut off central. Great quality of service Rico Mail...
Cheers Rico. His decision to not let mail go out on a saturday resulted in most of our office finishing 3 hours early yesterday. Same again next saturday as no one is agreeing to change their days. He ain't got a clue. If the cowboy wants to operate like hermes maybe he should go and work ( I use this term loosely) for them...
It's in his contract to buy. Not sure if it's out of his wages or bonus but it's in there.
Notice to be issued 25th Feb
Ballot opens 3rd march closes 17th march.
If enough people get talking and HUR becomes a hot topic the media will be all over it!
When a sp drops and drops and drops even almost 10% in one day and said company is producing huge amounts people start to ask questions. Leaky ship or jittery holders. Either way the shorts have this... for now.
They do respond to speculation.. literally a RNS from 8th Nov titled Response to media speculation.
I reckon mufcm is trying to get in cheap.. annoyed much because they missed the start of it
28% up on previous half.
2019 H2 £25M
2020 H1 £32M
+28% growth. Literally what I said
Its been tipped just about everywhere so that could be a reason. Few larger buys seem to have pushed it up
I’ve read this already, but thanks.
I am just merely pointing out it may take longer than what the company has predicted. Here’s to hoping that this is not the case.
I’ve done my research and 18 months is a estimate!
Regarding the locals being over the moon time will tell I guess? GLA