RE: Royal Mail21 Mar 2019 12:06
Masaballoon - great for you - ley me guess you work for Royal Mail? If so, the £530 million profit - if it comes close to that, will look more like £0 profit next year. RMG need to get a grip of the situation - the share is down 60% for a good reason and its not just Brexit!!!! It's the lack of any movement on the part of management to reduce the dividend and invest more in the business. If you got a 7% pay rise - are you 7% more productive - if its Royal Mail, the answer is no. Based on productivity developments, pay rises shouldnt be any more than 0.1%. This share price is sadly heading to £2 and maybe then Rico might get fired and someone who can write better more informative RNSs might take over. We need technocrats not tittsupcrats.... we need serious people not bluffers