The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
TMS that's the way I read it just putting the notes back out to retender. Good to see the monies raised will be used for corporate purposes no doubt including reinvestment. The new hubs that have been built were obviously free and don't count as investing for the future lol
DR so you only class people who haven't held shares over a particular timescale as being greedy. So, DK and other major institutions who have held for a number of years have your seal of approval. Good to know.
I should have added that I find your remark about any current or ex employees that hold shares or in fact anyone who holds shares here as being greedy shorttermists as quite offensive. Do you not have any shares or savings or investments?
Broch some CSP's perhaps had the footfall to justify staying open or extended hours but in terms of parcels and packets IDS/Parcelforce have been offering print your own postage labels and free collection. I have used the service once and for others pop down to my local counter rather than drive into town pay for parking queue at my nearest counter branch office which is connected to a delivery office with a CSP.
Can you please clarify how you see LaPoste ownership as different to IDS are you suggesting their ownership model has an inbuilt advantage. You have confused me (not hard) by your comments around private/public owned and privitisation.
Broch thanks for the link always good to read news about the sector. Not sure I get your point about LaPoste and privitisation. Is another PLC taking business off IDS not just normal competition.
Having said that It's not good news as we need to win/retain as much business as possible. I don't know anything about DPD's IR record or terms and conditions but being able to offer a reliable and cost-effective service is and always has been a differeniator and of course businesses like PO Counters are free to choose their suppliers.
Darbo that is quite a record although our levels of post have dropped by approx. 50% in the last couple of years we still get a couple of items per week on average. I think it's fair to say that the CWU have partially recognised the reductions in volumes and the need to resource accordingly. I've got to say I agreed with ABRoyalMail posts yesterday about heavy volumes, demands for more hours being positive and successful to help securing jobs and being able to attract new business.
Ispy I am not close enough to an informed suggestion. I don't think any customers are interested how the business records its hours. The PDA's alone would not be the whole answer. For some of the areas I managed I had a few people in a team managing hours, workload management, shift allocation, AL, overtime, sick absence, special leave, training hours etc etc. This was on several systems no doubt as many of them were designed by managers they were sxit.
The business must make its plans well in advance based on forecast volumes. The business can only react when major business down dials their numbers not sure how the business can be held accountable for customers not having the level of work they forecast. No one should be happy that the traffic is dropping off.
Hopefully, the volumes will pick up and we don't have many offices looking for work to do when only a few weeks ago work was piling up in some offices.
Redceo spot on no one will rise in business without making mistakes and learning from them. In my mind it does need someone that can communicate well and build the teams and the business. An unclouded vision, strategy, and ability to take tough decisions. Hopefully in amongst that will be growth and further modernisation. I am sure there is an ideal candidate out there.
Redceo an unblemished record of accomplishment and thick skin also required. I can't disagree with an external candidate being better from the no baggage aspect, but I did think they would go down the route of internal knowledge and IDS experience but as you say that immediately keeps some barriers up.
TMS I agree with your thoughts on the numbers I am not expecting anything different from what has been forecast but hoping for some positive messages around 2nd half year and deployment of plans and any savings forecast. If any mention of dividends that would also be welcome. I am happy to see a gradual price rise rather than any sudden spikes.
Broch that's great news about the sickness levels and hopefully that is being reflected throughout the whole business. It will make quite a difference to the staffing levels in some areas. Lots to be worked through in the new agreement in getting the key strands implemented as quickly as possible. Lots of joint working groups being put in place with tight timescales for delivery.
Oligarch I am not sure where the money was shown in the accounts but a fair assumption it was linked to the pension as trustees had to give agreement. You are correct it was held in an escrow account, and the business had set aside. If the funds were in such good order, I wonder why it wasn't used earlier. Doesn't matter now as it's been made available.