Member Info for OliGarch

Sharif, in my opinion, no privatised industry should be "bought" back into public ownership. If a privatised industry that is critical to UK public life fails then it should be taken back for nothing by the government of the day. That is the very essence of privatisation and the free market.

On the subject of DW, he has been slated for his original post last month which suggested that DK buying IDS would be preferable to the current custodians. This statement has since been retracted probably due to the fact that it was a poorly worded statement and a video was sent out by Andy Furey to clarify the position of the union.

Hurtsparrow, I had always been led to believe that the electric fleet would be leased? It would make sense as replacing the aging fleet would be extremely costly although I'm not sure who will be responsible for the maintenance contract? What is also noticeable is the amount of hire vehicles that RM are now using on deliveries although this contract may be more cost effective than repairing the older vehicles in the short term? Pre pandemic, the contract that my mail centre had meant that a medium sized car would cost £26 for a 24 hour hire and £130 for the week.

Talk2Much, "stop the mud slinging"...... Unfortunately that's all that AngerSharkz aka TheMonkeyShark knows. They have been bitter towards RM employees since the threat of strike action and a plunging SP (don't forget that AngerSharkz was buying in at a fiver a pop a couple of years ago). Add to that the fact that they had to take a pay cut from their IT job (working from home in telesales) and you can see why they would be bitter about a group of employees trying to protect their terms and conditions. Anyway, enough about our resident narcissist(s).

Onto your second point, I would imagine that the shares purchased through the employee purchase scheme would be dealt with in the same way as an employee who is leaving the business? In this case the tax and NI are waived?

Brendyboy, Golfdinger, Ispy, it is true that three parcel machines that are being installed and commissioned between now and November in Leeds, Plymouth and Exeter, however this is not necessarily off the back of parcels growth.

When Thompson was CEO, he tried to cancel the order for these parcel machines however the manufacturer, Solystic, threatened to take RM to court and "make life difficult" through their supply chain of spares as Solystic supplies spares for their iLSMs, CSS and parcel machines. RMs case was not helped when the on site Solystic engineers who were commissioning parcel machines around the country noticed that the RM engineers were manufacturing their own spares using 3D printers freshly purchased for the job, clearly breaching both copyright and the spares contract as Solystic has noticed a drop off in certain expensive parts being ordered. RM had no real option but to honour it's original contractual obligation.

Leeds is a very large mail centre and can swallow a parcel machine without any issues. Plymouth can also accommodate a parcel machine. Exeter is a tiny office and having seen the size of the parcel machine I'm not sure how they are going to fit it in? It's also worth noting that neither Plymouth or Exeter appear to be losing any staff as the existing staff will be needed for portering and operation. Both offices will however need to advertise for additional engineering staff to cope with the extra machinery.

Ispy, I filtered out our resident narcissist and self appointed moderator so that I wouldn't have to wade through their paragraphs of bile so I don't want to be reading their shyte secondhand. Thanks in advance.

Why engage with a poster who's original nickname of AngerSharkz was buying in at a fiver a pop and ramping this stock by telling everyone on here what a fantastic bargain it was? Fortunately his new account joined when the SP was around two quid so at least one of them should have a reasonable average?..........lol

Move over Warren Buffet, there's a huge green shares ISA account coming through........lololol

I'm expecting a bit of "green" today....lol

Andy McKenzie,I believe that he made a guest appearance in December 2023 however it's not beyond the realms of impossibility that it won't be repeated somewhere?

Perhaps he will turn up on 8 out of 10 cats?......lol

RT003, "Telegraph will not have run that article without absolutely knowing its onions. Should see a surge 8am Tuesday."

I totally agree and would expect the SP to exit the traps fast tomorrow morning with a surge to 320p. However, should that not happen it would raise some interesting debate?

Nicktims, sadly , the RM property portfolio is not what it was pre privatisation as some of the more lucrative property was either sold or sold and leased back by the business under Moya Greene's tenure although I would still expect it to be a sizable amount.

Andy McKenzie, I don't doubt your share provider or broker's information but I do find it difficult to get my head around why it takes so long to release any information as an RNS or for the media to release this? There were minor spikes on Thursday morning and afternoon but they soon collapsed. It also beggars belief that if that was the case I'm sure that the big boys would have been all over this on Thursday knowing that 320p wasn't going to cut the mustard so potentially something between 375p and 400p would be the next step?

Derek, given some of the comments posted in the past from certain contributors, it would be remiss to allow images? I would imagine that some would have hard drives as filthy as a Tory MPs persoal life.....lol

Ispy, where oh where is Scamp when you need him most?

I and many others, need reassurance that The Iceman will truly cometh.....lol

Knoydarts, Křetínský is shrewd and I would suggest that he has a different angle on IDS although I have no idea what it is. This is a man who is so passionate about AC Sparta Prague that he now co-owns it, however he still purchased 25% of West Ham United which he paid £150m for. Why? Because he knew that there was a foreign TV rights deal on the table and gambled. This gamble paid off as West Ham United received a payment of around £500m for the deal so his quarter the club effectively cost him £25m.....kerching.

Last year he said that he was happy with his holding and probably wouldn't be bidding for IDS but now something has changed....but what? Is it to split the businesses? Does he think that Seidenberg really can turn RM around? Is it the lure of the UK property portfolio? Also why didn't he bid when the share price dropped below 130p a few years ago, he could possibly have obtained a bargain price?

Multi billionaires eh..... what are they like?.....lol

Cherryandwhite, "uproar"....from whom? Surely this is the market in action and doing it's thing? I'm not sure why there would be uproar.....more mild disgruntlement....lol

PP, many employees do purchase through payroll and they need to keep them for something like five years otherwise they have to pay tax on them; I believe that this doesn't apply to staff retiring or leaving on IHR though?

Talk2Much, thank you for the breakdown. 22,000 job losses in deliveries sounds extreme especially as the press have been reporting 1,000 job losses however even if we take the middle ground of 10,000 full time job losses, this would be a saving of around £300m to the business year on year once pension contributions and other sundries are taken into account.

Macro nonsense,? Macro economics?......lol.....

AbjectPerformer, the biggest single expense for the UK operation is staff wages and salaries. We were always taught to "attack the biggest loss" first so it would naturally follow that getting the staff budget under control would be the first port of call? Given the sums involved, I wouldn't call it macro at all.

DodgeTheBullet, now tell AngerSharkz that you are a postie.....lol

Ispy, "Anybody in their right mind, who believes Daniel will make a substantially higher offer, will throw everything available, financially, at this."

I "threw" as much as I am prepared to do at this stock last June however I'm not prepared to gamble/invest any more as I'm happy with my holding however it seems strange that there's not a massive amount of interest at the moment?

Judging by the amount of "green" in my screen today and some of the comments, I will assume that AngerSharkz is still being a knob head?

Nicktims, both yourself and Ispy raise a valid point here and the SP may well rise and drop back on the back of news over the next couple of weeks however it is strange that many commentators have proclaimed GLS to be worth 350p as a stand alone business yet the SP is still sub 300p.

I would be happy with 330p a share as that would give me around a quid a share profit after taxes.

RT003, I only have one poster on filter here and judging by the amount of green messages on my screen it can only mean that AngerSharkz has returned. It was so much better when the angry one disappeared for a couple of months so one can only assume that he was unable to access the internet?