George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’. Watch the video here.
I see Daniel Kretinsky that has increased his stake further from 9.76% to 10.20%
Kretinsky has to be in it for GLS, can't see any other reason why he bought into RMG, he definitely wont be interested in the loss making side of the letter business.
Is shorting or shorts, is that not when someone borrows shares expecting them to fall and any difference is then either kept or paid back to original holder. So shorting the shares when on the rise does not not make sense. That is my understanding. Thank you for your response.
Anyone care to explain why shorts have increased when the SP has been rising?
I did not say scrap entirely, there is no need for delivering letters 6 days a week.
I did not say scrap entirely, there is no need for letter deliveries 6 days a week
Heres something for you to read
Royal Mail has announced the results of a strike ballot among CWU members. CWU members voted 94.5% in favour of industrial action, with one of two separate ballots at Parcelforce Worldwide also going in favour of industrial action.
and that was only in March of this year.
Before Christmas strikes were planned by unions where RM had to go to court to block it
Thanks...redundancies I feel are inevitable in any organisation. Does it not make sense to you RM should scrap letter deliveries 6 days a week considering letter volumes have been declining and will continue to do so.
What are your views on the unions.I think they have destroyed the shareholders value in the company personally. They only ever seem to want to encourage strikes and not really work proactively with RM to modernise efficiencies in the company
Would a takeover be good for RMG?
What would happen to existing shareholders in the event of a full takeover?
Anyone care to comment please
Just goes to show Barc have no interest towards it's shareholders. All the banks are well capitalised since the financial crash. PRA and the Government want the encourage the banks to lend, early indications of this seem to be quite the opposite. Most of the banks have pulled alot mortgages and are now only willing to lend if you a very large deposit, 40%. It was said the banks need to return the favour for being bailed out previously, fair enough for lloyds and rbs, Barclays was not bailed out by UK taxpayers, so why on earth did they not pay the dividend.
Since the financial crash in 2008, the banks were told to build up cash reserves in the event of another crash, and hence the stress tests in which all banks did pass. I hope it does not come to another banking bailout or nationalisation of banks. This is my pension pot and me to have a fair few of these shares.