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I Stalker spy
Lol
And if they don’t want to be located there out on there ear….
Don’t be surprised if some smaller place get closed down…
Only 6 miles away…lol…your making it up as you go…lol
There will me compulsory redundancies as the company streamlines…this is obvious..
Only a rep would say it ain’t going to happen…just like there will not be strike crossers shortly…lol…posties are struggling,they have waited months for some good news from Dave and what’s he given them…no bone…no good news..just we are striking again..lol
The nerve touches strikes again
Pardon the pun
I think today it was released that RM will look for volunteers for VR. Not in line with the MTSF agreement. The CWU are opposed to this, but i think that management will try to get leavers "on the cheap". After this it will be natural wastage, sickness, ill health retirement.
So, in essence, none. IMO.
Errr..
Big Dave the bone catcher is a little ****ed…no bone to catch…errrr…what shall we do
Let’s strike..lol
P45 at the ready
Get running with those post bags
I stalker spy
The one problem you have with saying there will not be compulsory redundancies is…
If for example in one office they need to let go 15%…..and only 5% want to go…then 10% will be told to go…this ain’t rocket science…
One of the local offices in Manchester…this is the case…not many old fossils…but plenty of middle aged who think it’s just not worth what’s on offer…in fact they no if there selected to go…where will they get another job that matches what they have,that isn’t stuck inside a sweat house…employees will be told …your going…and it’s all down to picking a fight you could not win
To late to get in line
Jobs market next year will be hell
Do your job keep your head down
I stalker spy
I think today it was released that RM will look for volunteers for VR. Not in line with the MTSF agreement. The CWU are opposed to this, but i think that management will try to get leavers "on the cheap". After this it will be natural wastage, sickness, ill health retirement.
So, in essence, none. IMO.
Simon would not also say Royal Mail won’t make compulsory redundancies…very telling..
Speaking to friends that are still posties they all say that it’s not worth taking voluntary redundancy due to diminished terms…which leaves one thing
Compulsory redundancies
Winter coats on,it’s cold stood on picket lines
Simon says….work faster for less
Anger
The union want to show strength and think striking is going to work to get what they want…in reality…now Royal Mail are just plodding on implementing what they want,I don’t think the penny will drop until compulsory redundancies will start dropping in all locations,then the realisation will hit home,at which point it’s to late anyway…you only have to read the groups and forums right now to see members are talking of just going back to work…once December is done it’s game over…r/m do not care…they have now been able to get where they want to be,due to a union that’s clueless…
Personally I still think there’s more going on in the background that we are yet to see…
Funds at the ready just in case
Keep striking weathers a turning
Just like the workforce
Personally iam happy…it means within a year
Terms ..changed
Conditions…changed
Head count…culled
Union deleted
Owner drivers brought in
Push whatever change they want through
By strike day it’s legal for R/M to sack posties as they have tried to resolve through acas as acknowledged by Dave the bone collector
Clock in clock out late home
Strike/get wet/less money
A MESSAGE TO CWU MEMBERS
IN ROYAL MAIL GROUP
On the eve of Royal Mail Group making statements to the market, it is important we give you the broadest possible update on the current situation. This document sets out the CWU’s view on why the company’s finances have deteriorated, where we are in negotiations and what the future holds.
On Thursday 17th November, Royal Mail Group will give an update to the markets on their financial performance and set out their view on the future of the company. We obviously do not have the full detail of their announcements, but it is clear they are likely to cover the areas set out below.
FINANCIAL POSITION OF THE COMPANY
We acknowledge that Royal Mail Group now faces significant financial challenges and that this is not being helped by economic and market conditions which have resulted in a drop off in parcel and letter volumes. The reality is however - a business making record profits of £758m announced in May 2022, should not just weeks later turn into one losing over a £1m a day.
The truth is, the Royal Mail Group CEO and Board have not acted with integrity and transparency in their dealings with the union since the beginning of this year and they have made huge mistakes along the way which have led directly to them announcing 10,000 job losses – something we simply cannot accept. This amounts to gross mismanagement.
• They still cannot explain why they walked away from the Pathway to Change agreement – this was a self- inflicted wound which delayed the opportunity for true modernisation.
• They cannot explain why they prioritised handing over £567m to shareholders this year, rather than supporting their own key workers during the most severe cost of living crisis in living memory.
• They cannot explain why they refused our offer to escalate negotiations and meet the Board, deciding instead to press on regardless with a series of unagreed changes that were always going to lead to a dispute.
• They cannot explain or justify the recent decision to abandon the respected household name of Royal Mail and rename it ‘International Distributions Services’, whilst also ending the cross-subsidy arrangements from GLS profits.
• They cannot explain why they are not taking advantage
of the unrivalled reach of the Royal Mail Group network and diversifying products and services. Instead they see the universal service obligation as a disadvantage and we understand they may now be approaching the government to end six day letter deliveries.
We believe these reckless decisions have been driven by Boardroom power struggles, in the full knowledge that the company has been facing a potential takeover for some time.
This is backed up by the fact the government has now given clearance to the private equity firm VESA to increase their shareholding. A takeover bid could be imminent and there has been a recent sharp increase in share value, which means someone is clearly buying them.
We want an agreement tha
Pluckerty pluck pluck
Dinner at 3pm
footys on at 4-30pm
no grass to cut
plenty of time for a plucker
I could tell you to just pluck off,but won’t as it’s Sunday:-)
Another postie with two accounts,on an investor platform…who doesn’t like the truth..who has a name like Jeff pluck..lol…I would more respect if you had called yourself Bruce Wayne….hide behind your second account Bruce..think we will ignore the T A F brigade.think it’s best to leave you to fret…think I will put you in the same R/M terms and conditions bin department and leave you to it.
Enjoy next tue…snow on the way
Catch you midweek,holiday in Margate looms :-)
redundancies around the corner
Pull cords at the ready
Clock in,clock out,late home
Funt..lol
Interesting that even the daily mail say " the government could and should block a takeover". Seems like you don't know as much as you seem to think you do @Maxipad ;)
Also interesting that it mentions that this situation has small investors nervous. I thought a takeover was good for investors???
Have you not taken in anything …
If you read what I have said constantly…
Your fooooked which ever way this ends up going..your either a little fooooked…as R/M are just pushing through what they want regardless…which is not good for you..
Or
Your mega fooooked if K gets on board..
Either way for a share holder it’s win win…
The employee on the other hand..is either..
1…fooooked
2..more fooooked
I don’t mind which way it goes..
12 weeks striking rule upon us….you can now get fired for striking if you do in a few weeks…if R/M now wish to do so…they have now proved they have done everything to bring the dispute to a conclusion with going to acas…let hope your the posties sake they don’t follow through with what they shortly can do..and the best thing…catch a bone dave knows this and has acknowledged this..
heads your fooooked
Tails your fooooked
Chin up brave face
Catch you tue
Mr Plucker chicken
this abhorrent loser posts all weekend out of the badness of his heart... seriously what a sad act.
see you next tuesday.
Why,what’s happening tue…you joining me for dinner,or helping sell canoes on the local market..lol
We believe in the bone catcher
We believe he won’t let our terms and conditions change
We believe he won’t let any changes in
You should believe you’ve been shafted
Derek
GLS is more than just a European Parcels business it has a significant North American footprint.
The idea that heavily focusing on parcels is a route to success is very risky and foolish. Firstly because it is a low margin very crowded market and IDS are far from being either the cheapest or highest quality operator. In most markets they occupy the middle territory which tends to get squeezed. Secondly because it would be a complete waste of opportunities in the letters where even in decline volumes are significant and compliment potential for escalated diversification into the high margin data space where RM.
The “we need to be a parcels led business” mantra is dangerously simplistic and slightly bizarre given that the senior management and strategic direction has been dominated by box shifters for the last 5 years at least.
Looks like times are a changing,I would suggest GLS profits say different,I would also suggest there’s to many bods on the letters side…culling is now a great way of streamlining,personally think they had two choices.
Make more money by change which the workers rejected
Make redundancies,which now workers are panicking and moaning about.
A crowded market place means Royal Mail are well placed when some companies go under or get gobbled up…this is normal when there are quite a few players in a market place where margins are slim…once this happens and there are less players margins will rise..
Time will tell,but personally I cannot wait
Change is upon us
Ducks in line please
Anger
To me,investing here is a no brainier…
Yes there maybe the odd dip…but med/long term this will do well…this is why R/M are taking little notice of the union imo….they realise that going on without the union will put them in a great position further down the line…one thing to watch out for is the second largest shareholder….there stake at 10% …if this increases to around 25% there a stich up likely to happen…but the price should increase whilst there buying,and an offer will still have to come in well above the share price at the time…
Either way shareholders should do very well…this article was today…I may now just sit pretty and wait,as either way,this share should med/long term go only one way…with or without K
Posties stick to bending over to post
Posties stick to bending over to get shafted
For those who have not read…
I think a lot of people might not know that there are two businesses. The reason that they changed their name from Royal Mail to International Distribution Services reflects the fact that there are two discrete businesses within the group. The first one is a European delivery business called GLS, which is a very, very good business. Made £350m of operating profits last year. As we say there, if you put that on 12 times, that on its own, would probably be worth about £4bn. Market-cap of the entire group today £2bn. So the market is valuing the UK business at -£2bn at the moment. Probably worth adding that the UK business has excess properties. So properties that they could sell off for about £1.5bn, so £1.50 a share. So, you could add that to the £4bn for the GLS business.
In terms of the problems with the UK business. The UK business needs to modernise. The UK business, obviously, has been historically very focused on letters. Letters are going into decline. They need to improve productivity and focus more on parcel delivery. That’s caused the industrial relations issues at the moment. If the management can get that productivity improvement through, that UK business, we reckon, could make £500m operating profits on its own. So, we think there’s enormous potential in the UK business as well.
I think it’s probably that, that Mr Krachinski is looking at. He can see, as well as we can, that there are lots of very valuable assets within this business and at the moment, the stock market is focusing on the near-term earnings movements and not looking at the long-term value.
It’s worth saying that we own about 10% of the business. Daniel Krachinski is going up to 25%, I think. We have spoken to Vesa, which is the family office of Mr Krachinski. So, we both know this business very, very well. It’s possible that he’ll make an offer for it at some stage. If he does make an offer for it, it’s going to be significantly north of today’s share price.
Maxi liar calm down old son just because I called you out for being a liar I think I must of touched a nerve perhaps the truth hurts
Love touching nerves…lol
Just made you look a bit of a tit…as usual…no need to calm down …just busy counting…truths bloody lovely…although broke one of my golden rules and haven’t sold and banked…just a little greedy…will inform you when I do..prob next week…catch up tue:-)
Always do your homework before you post,save looking a tit:-)
Enjoy the limelight of looking dumb…
No edit facility
Keep striking/help us investors/
Drowsy and the other thickies
Oh you lot do make things really easy for me,you’ve just made my weekend…below if when I mentioned my purchase in a thread….I don’t make a habit of informing thick posties of my purchases…and the really funny thing is…when I did mention it none of you said anything…only the usual …it’s going to hit £1.50 shortly….which at some point it may…and I will be buying strongly if it does may I add….so here you are ..copied and pasted from my posts..I bought several times on Friday sept 30th….with an average around 1.85…just to round it up as iam never bothered with exact prices..lol
Posted in: IDS
Posts: 435
Price: 201.80
No Opinion
RE: CWU update
07 Oct 2022 20:16
Another nerve twinged..?£1.85 last week my friend…just to add to those on the way down…bought with large profit from the last time…you should already no this as it’s all in my posts…?Me…I ain’t bothered which way it goes..iam an investor and will win which ever way it goes…you my poor rep…may get something…but the ducks are aligning to a union bashing…?Enjoy your weekend?DIL PLEASE
May have mentioned it before this as well but carnt be ****d looking further…
If it makes you feel a little better,just for your on piece of mind,let’s call it ..£2.28….lol…
Seems you just don’t like investors making money from you TAF posties…how many times have I thanked you for striking…giving everyone the opportunity to make money short or long term…please concentrate on the poor situation you are in.
Striking equals
Low share price for investors to buy in and make money off you..thankyou
Terms and conditions ripped up in front of you…thankyou
Sick pay attacked…thankyou
A culling of posties…thankyou
Streamlining …thankyou
Owner drivers replacing you…thankyou
Clocking in and out …thankyou
There will be more to come
All because your lemmings…can’t see the wood for the trees..lol…margates a lovel place..may sell 100 shares and take a peak
Enjoy your weekend
Who’s next for there p45
Buy a van with your payout,I believe ther hiring
Do me a favour next time your buy some more shares post the same time has you bought them then I might believe you don’t wait until it goes up and then say I bought at x price anyone can do that 6 months and counting then retirement beckons might even get 9 months money before I retire night night Maxipus
Lol
You concentrate on your redundancy date…not a share holder…if you want to be nosey and try to be smart with your clueless mate…check back through my posts..you will see I clearly state I buy on the way down…I clearly state I bought in at a lot higher,I clearly state I buy in when k does..I clearly stated I bought at £1-85 a few weeks ago and you laughed…I have no intension of telling you how many,when,what exact price,I don’t need to justify my investment costs to a postie
I will tell you it’s not everyone’s way to do it,but for 30 years it’s worked a treat,just means sometimes your in for 100k plus…which is why I retired at 50…all in my past posts…holidays holidays and more holidays is what it’s about now…your along time dead
Time for change is now
Grab that sack before your given the sack
Maxiloss you are full of crap I bought at 124 and sold at 615 now that’s as genuine has you buying at 185 why don’t you tell us when you were buying at 4 pound plus but that would make you look stupid. But don’t worry IMO in 2 years it will be over 4 pounds a share and you will have broken even
Drowsie
You all do make me laugh…
Let’s do some math
Buy 10 at £4
Buy 20 at £3.50
Buy 40 at £3
Buy 80 at £2.50
Buy 160 at £2
Buy 320 at £1.85
Wouldn’t be doing to bad at that at a guess..some nice divis…a special…
A nice rise in a week from lowest buy in at maximus gain…
Do the math
Nice position going forward…
I no you and I stalker spy try and guess everyone’s buys and sells but concentrate on your guess date your unemployment cheque
Feeling drousy
Mr guess and his buddy blooby clueless
Deal shareholders win/no deal shareholders win
Conditions enforced..headcount culled