Member Info for nuri123a

Redceo - those trades have never been accurate from year dot. If they were, the share price would be up and not down. I place no weight on them at all.

Looks like another record low today - the bounce lasted all of an hour. People just hate this share - no one wants to own it.... when is the bottom? This is seriously tedious stuff....

Actually - many do realise that RMG is a monopoly for letters and thats the problem - its of no benefit to them... because no one wants to be in that business

I guess fruitster I am entitled to change my mind - after I don't see anyone else who dipped into their pocket to buy my shares.

Fruitster - as there are few enlightening comments on here, I thought I might as well use the opportunity

If I was Rico - I'd have resigned by now.... during his tenure this has lost 62% of its value. In any line of business, that is called a failure.

This is my biggest losing share again! I swear to God - I've never seen such little faith that investors hold with this company. I think a big contributor is the fact that letters are no longer counted in the inflation basket - expect letters decline to be 10% plus next set of results.

Arsenal - I dont know about you but you must be operating a different definition to me in relation to RMG - volatility is where stocks go up and down and thats not what is happening here - it has largely gone down...

Eventually it has to turn....

RMG is just far far too undervalued. As I say this is dropping like it is being priced for imminent liquidation - which is quite obviously not the case.

Well my portfolio is lower than when the FTSE 100 was at 6500. RMG a major contributor.... Didn't think it would be down £30k in a week.... there you go!

I've £12k in dividends coming - was going to sell but its just so cheap and out of kilter - I'm going to top up a little more..... why shouldnt I have a chance to make money from fundamentally undervalued shares.

chairman on £300k - pointless! The challenges faced call for radical action and this person isn't the right one.

The UK has the dumbest politicians in the world. I am a remainer but I accept we are leaving. Voting for May's deal is the best way to leave - yet so many outwardly sensible people are just intransgient and dumb! The people voted to leave - get on with it and bloody leave. At this point No deal would be fine with me.... uncertainty us killing good shares but it will come back and shares will recover.... probably faster than we think.

I rest my case - you have obviously stated that we shouldnt expect any changes! DPD text people when they plan to deliver - RMG don't! Saves me a hell of a lot of time. DPD and UPS don't deliver letters because there is zero profit in it!

Yes - to see what our wonderful Rico has to share with us by way of a turnaround strategy. We were meant to see this by now, but obviously they hadn't even begun drafting it. They'll probably get a useless consultancy firm such as PwC to draft it to tell us what we know. Can't wait, let me see, it might talk about:
- improving productivity
- getting rid of management layers that add little to nothing
- refocusing towards improving productivity of parcel sorting and delivery
- targeting more business advertisement
- consolidating delivery centres and selling off assets
- limiting payrises
- aquiring more parcel businesses
- reducing letter deliveries to 5 per week
- bla bla bla

Yes Redceo - you see - they are at 110% - obviously not - 0.1% productivity improvement, better holidays, fewer working hours and a pay rise above what I even get and I can tell you my productivity had improved rapidly because my business has invested heavily in me - only I havent seen any substantial pay rises. Redceo - Rico has no more intention or drive to get productivity improvements than the man on the moon. I despise Unions - road to nowhere.

No - its not your fault that I am losing money - very true and I never said it was. But the number of over optimistic people on this board combined with the continual averaging down, and the dismissal of obvious realities, is worrying.... I'll make my final decision in time? but letter volume declines are going to accelerate - probably to -11% or worse.... eventually a time will come when parcels growth won't be patch on letter decline. That's fine if management take action to reduce costs - how they do that with the unions that continually agitate for more rights and evade their responsibilities is beyond me. Don't listen to me - do your own research. I have genuine concerns at poor leadership, poor management and the aversion of RMG to use more technology and better practices - they are not a patch on UPS, DPD or any of other parcel firms

You've hit the nail on the head. Zero productivity gains and pay rises and days off on the other hand. Unions will bring this company to its knees - only a matter of time. Unions are all about rights and asking for more and more and deliver zero to the economy.

And the more broader point is productivity in the UK us flatlining - so how any business would pay more than inflation or productivity levels is beyond me. Wouldnt have a union about me.