Member Info for mike1974

Dowsie - I don't really know why I'm bothering to further engage with you, by blatantly misquoting me you've already proved yourself to be either a bit thick or a liar (you've yet to clarify which it is) you also appear to have no valid reason for coming on these share price discussion boards as you don't own any RMG shares after supposedly selling at 581p.

I've been as honest and upfront as I can be about my buy in price (not that it's any of your business) by stating that as well as my full allocation of free shares I took part in the P&M scheme when the share price was in the 150-250 range and also bought a few lumps of shares in the same time period in the same price range, so at a rough guess taking my full consolidated holding of free shares, P&M shares and additional 150p-250p purchases I'd guess I'm roughly at 200p

I'll say again, just because I previously stated that BROKER RATINGS had the share marked at undervalued at 581 why should that mean that I was automatically in a position to buy more shares? Or even be worried about the buy in price for my existing holding? I was just stating a fact.

Do please think long and hard before making any further contributions and continuing to make a bit of a fool of yourself here.

Dowsie - I have just checked back to my post from Jan 24 where you claim ''I made no mention of ratings''.... I said exactly the opposite... ''this share is undervalued based on current broker ratings and fundamentals''.
There in black and while for anyone to see.

So it turns out you're either a bit thick or just a liar when (mis)quoting someone... would care to clarify which it is?

Dowsie - You informed me that I had no knowledge of the goings on at Warrington because I no longer work for the company, given that you do still work for the company I can only draw the conclusion that you were implying that you do have knowledge of the subject.

There are dozens if not hundreds of shares that are undervalued according to broker ratings or based on the underlying fundamentals of those companies... it doesn't mean we are always in a position to be able to or want buy in to all of them.

Both the broker consensus and the fundamentals of IDS do indeed still suggest that this share is currently well undervalued... unfortunately the recent actions of the parasitic, self serving union and it's braindead militant supporters are having a short term impact on that share price

Dowsie - I am somewhat flattered that you've taken the time and trouble to trawl back through at least a year's worth of my posts on here, you must have an awful lot of free time on your hands to dedicate such commitment to your cause.

I think you'll find that any comment I've ever made regarding the perceived share price of RMG has been in relation to broker ratings (for what they're worth) rather than my own personal opinion.

I have no bitterness toward posties, I simply come on here as an ex long term postie myself, offering a first hand, honest and unbiased insight in to the attitudes and work ethics of the vast majority of senior posties... If you choose to interpret that as me being bitter that's your opinion.

As for my personal buy in price which you seem so concerned about, I must admit I've not kept a close eye on precisely what it averages at, given my free shares along with my SIP shares and my P&M shares and a few additional buys between the 150p-250p range it's difficult to keep track when taking into account the tax savings offered by the share incentive schemes and the free IPO shares, but at a very rough guess I'd say my consolidated average buy in price is approximately 200p.. so no real worries from me on that front.

We're still waiting for your inside knowledge providing evidence of the supposed disastrous issues at Warrington Hub, I can't understand why you're not willing to share it with us all here...

casperdog - I wouldn't label the entire workforce to that degree, in my personal experience it's mostly just the most senior 30+ year guys who are workshy, belligerent and intransigent, unfortunately they do still make up a large proportion of the workforce.

Dowsie - Believe me I'm not worrying, I just have a continuing passing interest in the fortunes and direction of the firm, it's share price and it's employees both good and bad.

As both a former employee and an existing shareholder I suspect I have more of a valid reason to be posting on these SHARE DISCUSSION boards than yourself who I'm guessing is just another workshy malcontent unhappy at being expected to do a fair days work for the first time in your RM employment.

Do feel free to provide us all with some solid documentary evidence as to the situation with the Warrington Hub as you're obviously highly informed and in the know being a current employee...

Scamp - I very much doubt the issues at Warrington are anywhere near as catastrophic as yourself and Redpeg are suggesting.
If the issues were as disastrous as you suggest I'm certain the union and it's Luddite supporters would be revelling in it and making a huge political and point scoring song and dance about it, yet I've heard literally no mention of these supposed issues other than from the not entirely reliable and non-biased sources on here.
Even on that vipers nest of hardcore militants, malcontents and workshy old timers that make up Royal Mail Chat there's no mention at all of these supposed issues at Warrington.

Good effort, but must try harder

Redpeg - As others have already said you and Wolves really do encompass everything that's wrong with RM, the senior members of the workforce.. workshy, disaffected, union supporting agitators who are still harking back to the good old days of cushy roles and Spanish practices that came with RM being a Nationalised Industry .

You say ''I've seen plenty of changes 5.30 starts, 2 deliveries a day, finished at 12.30'' (but paid until 2.30 I might add).
All are hardly the most radical of adjustments to working practices yet you're still whining about them 2 DECADES after they occurred!!

The sooner you and Wolves accept that changes to the business WILL happen whether you like it or not... you can then buckle down to doing a fair days work for a very fair days pay OR you can bestow your invaluable skills and wonderful work ethic on an alternative employer who will obviously appreciate you more... either way your mental health should greatly improve as a result.

Katenip - Nurses, posties, train drivers... it's interesting how it's all the best paid workers with the cushiest jobs in their respective sectors who are the ones whining, striking and demanding even more, whilst their contemporaries within each sector on lower pay and poorer T&C's just carry on.

Wolves - It's heart warming to see you going above and beyond to honour and fulfil this supposedly much cherished and vital "public service" which you, your union comrades and your glorious leader are attempting to claim this dispute is largely about.

The best quote I've seen so far in relation to this strike is a comment on all the rubble strewn brownfield sites that can be found throughout the Midlands that stand as a proud testament to the victories achieved by the powerful and intransigent unions that were associated with the once mighty British motor manufacturing industry.

Quite odd the way the Torygraph seems to have come over all Guardian as far as the RM dispute is concerned.

The CWU aren't actually bothered about inflation, or the pay and T&C's of its sub paying membership... all the CWU is concerned about is RM remaining a lumbering, inefficient, labour intensive operation in order to preserve its own income from those membership subs.

A big welcome to JeffPluck, yet another workshy militant desperate for RM to retain all the traits of an outdated and inefficient nationalised industry, harping on about the "service" that the archaic and unnecessary 6 day USO currently offers, all because he's terrified that he's going to lose his cushy little duty and money for nothing grandfather payments.

The CEO and Board are clearly prepared to see this out to the end now and play the long game despite the short term hit to the company, it will be well worth it to see this parasitic union and it's laziest most militant supporters removed from the business once and for all.

Clockface- With far and away the pay and best T&C's in the industry how exactly do you feel undervalued?

BigShyTed - You may well have been earning the equivalent of £65k as a postie in 88-89 because that's when Royal Mail was a nationalised monopoly and a public service... with all the gross inefficiency and lack of accountability that came with it back in those days.
In case you hadn't noticed RM is now a PLC and operating in a highly competitive market sector.
If the CWU were to somehow achieve their ideological fantasy of RM remaining a bloated, inefficient and outdated "public service" particularly in regard to 6 day letter deliveries, then the business will fail completely in a short space if time and every employee will be out of a job.
The CWU is NOT acting in the best interests of it's members, it is just a self serving parasite, only interested in preserving its money for nothing income from membership subs

I suppose it's easy to sound "brilliant" when just spouting a load of emotive, idealistic, dogma... without having any sound propsals or rational plan as to how your ideological and utopian fantasies can be turned into reality.

ArteEtLabore - You just keep on supporting that union of yours brother... I'm sure you'll find the £70 a week JobSeekers Allowance invaluable.

Once again banging on about the "service" aka the pointless, costly and unnecessary anachronism that is early starts and 6 day deliveries.

All because the CWU wants to keep RM as bloated and inefficient as possible in order to maintain its income from membership subs, a disgusting parasite of an organisation which is no way acting in the best interests of its members.

If this is the end of the road for ST then it's ultimately the end of the road for RM as a going concern, this union will see the business ran into ground.