Member Info for OliGarch

I notice the difference between Liberum and JP Morgan, mind you back in October 2021 JP also touted that Bitcoin would reach $100,000 by the end of 2021 and we know how that panned out....lol
So, if you discount the highest and lowest the consensus would be Buy / 650.

CHRI55, thank you for sharing this article. Some positive news getting out into the media which should improve the mood and hopefully the SP.
Hopefully the staff absenteeism will decline considerably with self isolation restrictions coming to an end on the 24th of March, however I suspect that it will be one last hoorah and an extra week of "leave" for the small minority of ¶155 takers that take full advantage of the generous sick leave policy on offer.
One small headwind will be the huge drop off in Covid boxes as people stop testing plus we are heading towards summer which should mean a drop in cases.
There are plenty more opportunities for the business to make cost savings and efficiencies (I'm looking at an email as I post that, if implemented, would be an easy fix to save over £5.8m per annum and is an issue that has been reported on for at least seven years but still nothing has been done to improve the situation) so hopefully Simon Thompson will start looking into our operation in detail?

AngerSharkz, it looks as though the statement from Ricky McAulay was internal and an accompanying video uploaded to Royal Mail Workplace. A similar video from Terry Pullinger has also been released on the CWU Facebook account so I don't think that it's "classified" information.
No mention of fines by the regulator.... Yet!

RMG COO (interim), Ricky McAulay released a joint statement with the CWU yesterday regarding the actions required of management at delivery service office level to ensure that public confidence would be restored in Royal Mail's quality of service, which the senior management have been concerned about for a while now.
I'm not sure that this is going to have a massive impact on the SP but poor QofS figures will certainly start to trigger fines from the regulator which isn't going to help.

AngerSharkz, teslo, do Merrill Lynch keep these shares in a separate account and "burn" them in one hit at the end or are they taken out of circulation on a daily basis? Presumably they can never be used by companies like Marshall Wace?

Thanks for clearing that up teslo and Maximas.
I realise that business is business and even bankers have children that need feeding but somehow it just doesn't seem right. Maybe I don't have the necessary mindset?

Thanks Maximas. According to their website.....
"Marshall Wace is a leading provider of alternative investment solutions. Operating as a single team across the globe, we are dedicated to creating long-term relationships with our clients built on trust and integrity. We define our culture as one of continuous innovation and a quest for improvement."

Marshall Wace are showing a short position of 0.81%.
As there are now 993,000,000 shares in circulation, would I be correct in thinking that MW have "borrowed" 80,443,000 shares in the hope that the SP will drop on a daily basis?
a) Who do they "borrow" the shares from?
b) If RM are buying their own shares back to reduce numbers then does this increase the short holding percentage for MW?

Don't forget that there are quite a few managers in RM that you probably didn't know existed and are usually "Location Independent Working "on their People Finder profile. Sometimes they show up at our delivery office to use the hot desk facilities if their home internet is slow or they have an IT issue with their work laptop. I like to think of them as nuclear submarines that work covertly and only surface every two or three months.

AngerSharkz, RM have a ratio of around one manager to twenty staff and have always been top heavy on this. There was a surplus of applications in the last round of management VRs so I suspect that there will not be a problem this time around. Apparently most of the redundancies will be in deliveries so this would equate to around one VR in every large delivery office.
Moya Greene has already sold off the more profitable parts of the estate so there's nothing much left to sell there, so slimming down the management structure will be next.
A £40m year on year saving is good but how long until the BoD needs a bigger slice? Time will tell.

An egg on face moment for your manager...lol
Why would he think that delivery postie's would be cut, especially with the SWW and a seven day parcel delivery service on the way?
900 managers to be cut in Scotland? That's probably all of them...lol

Were you on the CEO phone call?

Was this the article?
https://dailybusinessgroup.co.uk/2022/01/royal-mail-to-axe-700-management-jobs/amp/

452.60 GBX +16.00 (3.66%)today
25 Jan, 08:12 GMT • Disclaimer

458.83 GBX -2.87 (0.62%)today
24 Jan, 17:09 GMT • Disclaimer

AHH, a week is a long time in this stock...
AngerSharkz
Posts: 429
Price: 507.00
No Opinion
RE: Potential breakout soon 17 Jan '22
I would love to be a fly on the wall inside Marshall Wace so I could understand their position of going short here. There are hundreds of sucker stocks in the market yet they want to go short here at 507p. Doesn’t make even a remote bit of sense and you would probably have to be partial to illicit substances to go short on a company in the middle of aggressively buying back their own shares…….unless, you knew how to manipulate said price action.
Insider knowledge?

Wow, a 14% drop over the last five days (and that included the weekend). I can't believe that Marshall Wace LLP haven't increased their position and been joined by their sewer rat friends.

£13k net.... Well done!

What a roller coaster ride this stock is. A 64½p drop (12.3%) in just 8 days. I don't know how it will start off on Monday but I will be watching very carefully as it's tempting to start buying back in at this price. Even if it takes a month or two to get back to 499p, that's still cheap on the fundamentals and a 7.5% gain. Your local high street bank isn't going to be offering you that anytime soon....

So down 2.7% this morning and a 12½% drop over the last 8 days, based upon?????
Ever get the feeling of déjà vu?