George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
The desperation to convince not only others, but himself, is clearly evident.
How sad.
Posters that have been wrong according to "The Great One".
Redceo. In profit.
Oli G. In profit.
Wolveposty. In profit.
Telso. In profit.
The Spyceman. In profit.
To name a few.
Now for the posters "NOT" in profit.
angersharkz
themoneyshark
maximus1
Please feel free to add to either of the lists above.
@ Oli G.
The Iceman has cometh, and now The Iceman has probably goneth awayeth.
There's a rumour in my office that there is new buyer sniffing around.
The Spyceman.
Putting in a bid for 120p, i hear. LOL
@ Dowsie.
Can you tell me why the price is at 270p, if Daniel is going to put in a higher official bid?
There are people who know what his intentions are, people much more knowledgeable than anyone on this board. With the exception of "THE GREAT ONE", of course.
Would these people not be loading up now?
If i knew, or even thought, that Daniel was going to put in a higher official bid for IDS, then i'd throw everything at it. What's the point in waiting until after the event?
I could be wrong, but something does not stack up.
Just my opinion.
@ Knoydarts.
Have you seen the RM proposition to OFCOM?
How would your new dedicated parcel routes fit in with this new proposal?
@ Balanced66.
What reality is that?
That the company is struggling? That promised funds have not arrived, as promised? That the price of vanadium is currently in the downward cycle? That the company could go belly up? That they need millions in the next few months to service a debt? That i may lose all my money? That this is AIM, and it's a high risk environment to invest in?
I knew all this. And i'll assume, anyone doing their due diligence, would too.
So, what reality should i be facing?
@ beginerman.
Yet you assume that people are investing because of a chat forum. Your 19.29 post.
So i will assume, maybe wrongly, that you are one of these hapless investors who have been """"taken in by the over exuberant rampers of the last few years"""". Maybe not here, but possibly other companies. Once bitten, twice shy. And all that.
@ Talk2Much.
Duty structures? That was not shown in the correspondense that i've seen. If you haven't seen it, this is how it looks. Rouites 1 - 6.
Week 1, Monday:
Routes 1, 2 & 3 all items delivered by one postie on each. It doesn't say if they are single vans etc.
Routes 4, 5 & 6. Parcels and 1st class letters
Tuesday:
Routes 1,2 & 3. Parcels and 1st class letters.
Routes 4, 5 & 6 all items delivered by one postie on each.
And you keep flip flopping.
This lends you to a Saturday off every other weekend. Although, if you're a non driver, it would seem that you have every Saturday off. Rest day covers are in the mix as part of this structure. Reserves will be reduced as there will less duties.
However, if duties are reduced in size, everything increases.
I imagine because of the parcel structure within this new idea, DPR's (as stand alone jobs) will no longer be needed.
22,000 job losses in delivery? No chance.
I do wonder though, if outdoor actuals are being used to judge what can be lost, and where.
@ beginerman.
If your investment strategy is based around a chat forum, more fool you. Please don't judge others by your standards. If anyone is foolish enough to rely on an anonymous poster, more fool them. It would appear that by your """"taken in by the over exuberant rampers of the last few years"""" post, that you are one of them. Shame on you.
@ Talk2Much. 20.40 post.
You will need 5 posties instead of seven to cover 7 duties. 28% less.
Using an office with 42 routes as an example, that would be 12 routes gone, leaving 30. Using RM figures of an increase in call rate from 40% to 70% would then require an extra 75% of duties. An extra 23, making 53. This includes rest day covers, but not reserves, which i think is about 25% of staffing level. Not much saving there.
The one thing that i didn't see in RM's version of how this will work, is who delivers the small tracked parcels, on the days that the parcel/1st class letters postie is delivering on his route.
@ AbjectPerformer. Macro nonsense? This is what RM do. It would be so much easier just to strip out 15% of duties, and fail.
@ Oli G.
Unfortunately, yes.
He was banned for months because of his abusive posts/nature. He claimed to have found "utopia" with like minded people, who knew the investment game inside out. That explained his absence.
He is now back here and nothing much has changed.
Still abusive. Still condescending. Still obnoxious.
AND STILL UNDER WATER. Despite the best efforts of Daniel.
LOLOL.
@ DerekR, JBT.
This is the interesting part from the RNS.
"""Royal Mail's proposal, if implemented, would reduce the net cost of the Universal Service by up to £300 million per year, through a net reduction in daily delivery routes of 7,000-9,000."""
I have a feeling that failure to meet delivery guidelines, will become more commonplace.
I posted on here a while back that RM said that delivery size would reduce because of the increase in call rate. Thereby increasing the number of routes. Not so, it would seem.
@ Shinyfings.
I said as much about a week ago, and was lambasted by the knowledgeable.
How dare you have a differing opinion to the great one!
@ Oli G.
And despite the fact that it would apparently need """an extortionate amount of money" to prise IDS from the fingertips of Daniel, the share price is still lower than a few months back.
Anybody in their right mind, who believes Daniel will make a substantially higher offer, will throw everything available, financially, at this.
I don't get it.
If Daniel is going to put in a higher bid within the next three weeks, why has the price not surpassed his original offer of 320p?
Why are the big hitters not jumping in, forcing the price ever higher?
I get that there are sellers, small holders, but to the volume of big buyers? No chance.
I assume that the more vociferous on this board, the ones that claim they are "loaded", will be buying more. Of course, you will not hear of this, until they are in the "money".
So. For the experts on this board: Please tell me why the share price is not at 320p at least. Daniel thinks it's worth it. Why does nobody else?
Lest we forget:
"""A deal could trigger an intervention from the British government under the terms of the National Security and Investment Act, which gives ministers a greater say over deals involving critical infrastructure.
The Department for Business, Energy and Industrial Strategy (BEIS) in 2022 reviewed VESA's plans to increase its about 22% stake in the company at the time to more than 25%."""
If they got involved at 22% they most certainly will now.
It is NOT going to happen. For all the posters here know, Daniel may have submitted this bid, knowing it was doomed to failure. But, by the same token, knowing the share price would rise. Facilitating his future selling. Just throwing it out there.
National Security & Investments may have a say in this.
But it's good to see the price nearly as high as it was 6 months ago. And that after a bid from Daniel. I might buy a share.
@ Oli G.
World class mail. LOL.
The person who introduced this into my office many moons ago took over 100K redundany about 18 months ago. The company asked this person to come back a year ago, on a higher salary. You may not believe this but this person is still as bad now, as then.
A shocking but very good example or RM not knowing what they're doing.
@ Redceo.
I'm certainly not being optimistic, but the idea from a cost savings perspective, appears to be on point.
Again, will it work? Delivery of 2 days mail every other day? Hard to say.
I would suggest that in line with these new proposals, managers actually managed. I see and hear too much of what they do not do, and how often they go home early. What's good for the goose, should be good for the gander.
I do think though, that once posties see their potential Saturdays off (which is stipulated), and accept that they may not clear, then it may be more acceptable.
I cannot wait to see it in practice.
@ beatroot.
This new proposal by RM to OFCOM, about the USO reform, is actually well thought out.
5 staff, including rest day cover, to cover 6 duties. Instead of 7. The "possibility" of reducing the size of walking duties, to mitigate the fact that you will be walking down more paths.
Dedicated parcel routes built in to these duties. The last attempt at DPR's was farcical, IMO.
Every other Saturday off, and it would seem that if you're a non-driver, it could be every Saturday.
The only issue is the LAT's, that i can see. But with Sunday only staff, i'm sure that these could easily be covered on minimal overtime. As these people are paid through their pda's.
If OFCOM approve this, and i cannot see why they wouldn't, this will save RM hundreds of millions.
Will it work? Who knows. But it will be put into place, if allowed.