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@Derek - i disagree, people look for a reason to get out of the house not stay in it, i prefer to be in control of my day, having to sit in and wait for delivery is an annoyance if your busy and need to do something else, collection empowers the recipient to do as they please and still get the item. We arent talking about driving half way around a city like at present, but in your 20 minute city bubble.
@Oligarch - they get worse than that, how about 'collection points', for every 20 minute city, where you go to the point unmanned, get your facial recognition and ID check, input your email\text collection passcode, a robot goes off gets your parcel, photo's and weighs your parcel, your agree to accept the item and it videos the whole process. 1 Main area DO with 1 delivery to each collection point. Its coming, maybe not in your life time but likely in mine.
@red - where you in the dog house yesterday or just felt like giving us a day off?
@Oligarch - we have had an extended period of working through tech problems from the 70s and 80s and into the 90s, we are now at the start of the next (4th) industrial revolution where many new technologies will all come in to the main stream at the same time, Quantum computing is about 10 years away and when it comes the world will change overnight. I can bet you could go and look around your DO and see how tech has already relieved people of their jobs, automation is replacing many positions, check in\outs and as hurtsparrow just said lockers in the street will replace postmen hours, ive said this many times in the past and dont undertsand why RM have been so slow to catch onto this.
Sberbank PJSC is asking a Moscow court for €114.8 million ($123 million) in compensation after its Swiss commodity trading unit sold oil to Glencore but never received payment, according to documents published on the court website.
The claim highlights the precariousness of international companies’ assets in Russia since the war in Ukraine triggered several waves of sanctions and retaliatory measures. Moscow this year has seized local operations of several international holdings, including France’s Danone SA and Denmark’s Carlsberg A/S.
Still, Glencore — which has longstanding ties in Russia and whose former chief executive was awarded the Order of Friendship by Vladimir Putin in 2017 — has so far avoided the threat of expropriation.
In the Moscow court case, which is due to be heard at 4:30 p.m. local time on Thursday, Sberbank PJSC is seeking shares in the Russian assets of Glencore as well as its grain-trading associate Viterra as compensation for the oil debt.
Sberbank was sanctioned by the US, European Union and some other regions and is barred from the SWIFT banking network, preventing payments to the lender from its former business partners. The bank first filed the claim in July and was initially seeking to have the shares frozen before the final decision on the case. The court rejected this plea at the end of August, the documents show.
Glencore’s Russian assets, which Sberbank is attempting to seize, include 0.6% of oil giant Rosneft PJSC and 10.6% of En+ Group International PJSC, the parent company of Russian aluminum producer United Co. Rusal International PJSC.
Sberbank is also seeking shares in a grain trading company formerly known as Viterra Rus and a mill in Rostov region, that are a part of Rotterdam-headquartered Viterra. US agribusiness Bunge Ltd. agreed to buy Viterra for $8.2 billion in stock and cash in June.
Glencore has said it will do no new business with Russia. It has written down its stakes in Rosneft and En+ to zero, saying there is “no realistic way to exit these stakes in the current environment.” Viterra left the Russian grain export market this year.
Glencore declined to comment. Viterra didn’t immediately comment
@MrDeRek - why has it got to be Saturday? Cant they have to half days with a longer time frame to get 1st and 2nd class? Why not give them Wednesday off, the world as it stands is heading for 4 day weeks regardless, AI will replace many jobs going forward, only way to account for that is put everyone down to a 4 days week, less working hours but near as many jobs.
Doesnt matter what bob-a-jobsworth thinks, you aint stopping the coming tech revolution, regardless how much money or power people think they have, Sunak has shown how bits of paper can be torn up overnight just today, no place for rigid thinking if you want to keep up, change is afoot!
@Kat - UK has never been good at listing tech companies, the fact this didnt leave AIM with a valuation of above £16 per share says enough to me, any company happy to keep its investors in a riskier environment with little to no protection for the share holder says something stinks.
The problem is with software companies they are here today and gone tomorrow, individuals in the tech sector move fast but are usually gone just as quick. Ive worked in tech since 1996 and there are little to few software apps around from 10 years back let alone 30. You now also have many more developers in this day and age, they come and go over night, they own nothing in the way of hardware or company assets, are at the mercy of the hardware developers and the years next tech invention.
Its very competitive out there in the online market places, and yes i would say RM will probably offer a reduction in coming week\s.
Regarding parcel sizes and price, RM isnt the cheapest on the medium to larger items but it all depends on weight and value, if your getting near the 5KG mark or over normally 3rd parties are cheaper, having said that i have used the 'large' parcel service a few times when ive needed insurance coverage say on a 48hr tracked as it comes with £150 cover by default, 3rd parties you will have to pay considerably extra normally on the larger ones to get that cover.
As maxi suggested im finding using the 48hr tracked is better quality service and for higher value items is worth the money.
Im a bit out of touch with the financial calendar here when is the exact Q3 results date?
I dont mind paying a little bit more and use RM as the service is better and less hassle, but on this occasion i have to go past the drop-off for yodel and it's quite a bit cheaper so will just use this service.
Been trading online for more than 20 years and from what i can see its always a game of cat and mouse with the delivery companies, the fact that they are all doing the discount says to me RM have the lions share.
Packlink act as the middle man, they have control of them all inc RM, so again they know what going through where and have applied the discount, which says enough to me.
@Red - these are big discounts but only on the smaller parcels, ive just sent medium size parecl 2-5kg with yodel for £3.69, thats a good price for the weight.
I would think that as RM are not included that they are drawing in all the business, my preferred methods is with RM as majority of my parcels go with them (size dependant) and usually i cant be bothered trips to another courier, as many probably dont either, in this respect RM hovering up on the letters small parcels they will also gain the medium and bigger ones for those who dont want two trips. The 30% has worked on this occasion, hence why i have gone with Yodel for this parcel.
Ive just had this pop up, competition feeling the heat? Always trying to read between the lines...........
Give your buyers peace of mind with fully tracked services. Save 30% on selected DPD, Yodel or EVRi services when purchased
EVRI '0-1kg Parcel' is reduced from £2.87 to £2.00
Yodel '1-2kg Parcel' is reduced from £3.71 to £2.60
All DPD services reduced to £4.15
30% savings on selected delivery services offer is valid until 6pm 10th October 2023. Subject to availability. T&Cs apply
@Oligarch - sounds like they have cleared out the dead wood, no room for those oldies coasting to a golden handshake.... fresh young blood is required!
Stretched staff and hard work, the perfect recipe for dividend reinstatement!
Just thought it worth mentioning, in the last month ive had lots of my sending orders arriving late, must be busy back at the DO, they all get there just a bit sloooooooooower, that says to me we should be in for a bumper quarter, £3+ by xmas imo.
@Red - apparently they have just found a cure for Alzheimers, is that the same as dementia and going senile?
(theres hope for those that need it)
DYOR is just another way of saying i dont know the answer, you want to join in a debate but have nothing to offer? yawn, at least MrBooma has stepped up to the podium with his financial insight and an valid reasoning.
I have seen shares bigger than this get pushed to the line on a price squeeze, it still doesnt clear the muddy waters for me, more dodgy investors hiding in the closet?
Watching with great interest from the side lines....