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AngerSharkz, I didn't have you down as someone who would be easily offended? From your posts, it would seem that you thrive off "passive aggressive" comments in response to your vitriolic posts, a sort of Ying and Yang? Of course it wouldn't be acceptable in the workplace so this must be a great way to let off some steam? Gas lighting or banter? Actually, I like the phrase "gas lighting" as it sounds like the sort of thing that would upset Greta Thunberg.....lol
"A few nonces and weirdos trying to access my personal information".
Why would "nonces and weirdos" try to access any of your personal information? What have you done to upset this group?
It doesn't help my "argument" as I wasn't arguing. That's just your perception. Unfortunately you see anyone with a different opinion as "arguing" and sometimes you see an argument where there isn't one.
AngerSharkz, have you been drinking your bathwater?
I am agreeing with you but you are too filled with vitriol to see that.
Yes, Seidenberg is the CEO of IDS. Is that clear enough for you.
Anyway, back to the bag of spice for you but not for too long as you have work tomorrow......lolol
Jesus Christ, are you sure that you're not my daughter posting in disguise? You know, the one that can start an argument in an empty room........lololol
Earth to AngerSharkz? Is there anybody there? Lol.
In case you are unable to read the original post, a question was asked and I responded with a quote from your post from a couple of days ago. As you are always correct, I took this to be the undisputed truth.....lol
Unfortunately there appears to be some confusion from other posters as to who is the CEO.
Redceo, that's strange as a couple of days ago, I was informed on this forum that "Martin is the CEO. Whoever is appointed as head of Royal Mail will ultimately report to Martin. As will the head of GLS".
TMS, "the government would have ran a skeleton operation very very badly".
This is possible of course, however how can you possibly know this or is this just your opinion? Do you have any proof?
Incidentally, I had a government backed mortgage following the failure of Northern Rock, however, I would like to point out that my mortgage wasn't called in as the UK Government stepped in. Why? Because too many voters would be affected. Never underestimate the power of politics.
TMS, "however it does rise again."
"It very nearly didn’t do this time as it was very close to having the administrators called in."
Here's my viewpoint.
In all honesty, I was never concerned about the BS floated by both RM and the CWU regarding the administrators. Sure the Postal Services Act has a section on administration however do you seriously believe that the UK Government would allow that to happen without offering a bail out? RM has a customer base of around 45m adults. Bulb Energy has a customer base of 1.7m households so probably less than 5m adults. Bulb Energy gets a bail out but not RM? I don't think so...
Baldy Dave comparing RM to Woolworths? What a laugh. Woolworths is/was not even in the same county let alone ball park as RM. Woolworths had competition all over the high street from B&M, The Range, Wilkinsons, Home Bargains and even Poundland.
The UK Government are duty bound by the PSA to provide a postal administration to carry out the USO. What other UK postal carrier could offer to take that up? Amazon, DPD, Evri, Yodel? Even if all the other UK carriers combined forces they couldn't do it. How do we know? Because the likes of Whistl tried it before (in London only) and failed miserably.
I'm not saying that going forward, things can't or won't change, however in 2022 it wasn't going to be a viable option that's for sure.
AS/TMS, I do believe that the stock market doesn't base it's algorithms on whether a company "lacks creativity, leadership or is unambitious". The big investment companies set the tone and us privateers merely ride their coat tails in hope.
"The share price tanks on an annual basis".... however it does rise again. Most of the time it's a gut feeling along with a vibe from within the business that motivates me to buy or sell. I don't follow charts however over the last decade I have been reasonably successful with RMG/IDS.
Why IDS? As I mentioned earlier, it's usually a vibe from within the business. I don't invest what I can't afford to lose and set a target to cash out and then sit back. When Baldy Dave gets agitated and the jungle drums start beating then I get interested again and it seems to coincide with the start of pay negotiations during autumn every two or three years.
AS/TMS "or do you like to watch your money drift downwards every 18 months haha?"
I didn't have you down as being dense, however, at the risk of being accused of offering financial advice I will let you into a secret. It is possible to buy low then sell higher and wait for the price to drop again before repeating the process and IDS appears to be a very good share for this type of activity......but don't tell anyone else......lol
AS/TMS, I'm confident that Seidenberg will do a fantastic job for the IDS investors going forward and looking forward to GLS pulling the SP up by it's boot straps.
I'm also confident that the CWU will kick off again within the next eighteen months to two years and the cycle will repeat although possibly not as dramatically which will give us all another little window of opportunity.....kerchinggggg.
AS/TMS, if you look at my post you will see that it's actually a positive one or at least it has been for me as I'm currently just over £10k up since my last couple of purchases which I posted about (in June 2023 I believe). I'm certainly not negative about IDS and if you look at the SP history and IR history it's actually forming a very nice pattern which I hope can be repeated many times. Kerching.....
So Thompson is apparently leaving the business next month? I sometimes wonder if his CEO contract was a two year deal and then move on? Either way, I think that Thompson has done IDS investors a huge favour over the last eighteen months as the SP was just over 500p and Thompson's bonus measure of "investor value" certainly worked. Si and Dave got it down to 178p and allowed us all another bite at the cherry which was a genius move.
Let's see if the new CEO can repeat the trick in a couple of years time. It's the gift that keeps on giving......