Member Info for OliGarch

This share moved upwards in a reasonably straight line between the beginning of October 2020 and the end of June 2021, and now it's on the way back down again.
As Mike has stated "shorters are getting involved because they know they can create a self fulfilling prophecy once they start colluding with one another" and I am on a watching brief until they disappear.

AngerSharkz, hindsight is a wonderful thing.
I can't understand why Vesa didn't significantly increase their holding when the SP was sub £2. Perhaps it was down to cash flow or perhaps they didn't think that the CEO would cosy up to the union, who knows?
If, as Commonsense states, the fundamentals are that much better and the major of brokers value this stock higher then I can't see why the SP is 15.5% down on last month? Someone knows something otherwise the shorters wouldn't be getting involved?

If GLS can tap into 1% that would be 146m plus 5% per year of organic growth!

RE: GLS Canadian acquisition?
08 Oct 2021 09:22
Still a good idea for RMG to ditch GLS for a one time profit?

Praise be the GLS cash cow...... Moo!

So if the fundamentals are not affecting the SP, then why study the fundamentals?

Commonsense, your logic is in the right place however the SP is where it is for a reason (which is obviously nothing to do with fundamentals) so I am incorrectly going to go with past history and predict that the SP still has a little way to fall in October and early November before the possibility of a rally on the back of a good interim financial report.
November 19th will potentially see a good set of financial results..... Followed by a 10pdrop in the SP.
Apologies for sounding negative but this has been happening for a few years now so some of us are used to the pattern now.
All IMHO of course.

ebygum, I'm not sure that GLS and it's 19,000 (Wikipedia) or 14,000 (GLS website) worldwide employees would be able to cope with the volume of parcels that the RM UK network moves every day?
What bloated labour costs are you referring to?
What does the CWU have to do with RMG profitability?
Why would you want a reduced service?

As you state "we trust in the board to be focussing on long term value for shareholders and all stakeholders".
Selling off GLS would definitely not create long term value but rather short term gain. Great for the short term shareholders thought.

Still a good idea for RMG to ditch GLS for a one time profit?

JB, Vesa seen quite keen to keep adding to their RMG holding. At this rate they will be looking to hit 20% holding before Christmas and 30% by Christmas 2022?
Could they potentially be thinking of a takeover?

Commonsense, morality isn't part of the game plan here ;-(

Yes, RMG staff were awarded 832 free shares in October 2013 and a further 81 shares in October 2016.

Commonsense, "if I was running GLS I would be chomping to unlock that value which is unquestionably dragged down by RMG."
At the risk of repeating myself, why would RMG want to sell off their cash cow? It doesn't make any sense. Anyway, if, as you post, RMG is dragging down GLS then it wouldn't be long before the sale proceeds were spent which would leave RMG in a worse position in 5 years time?
"The easiest right now is a buy back of shares - cancel those shares".
That would be interesting. I'm not an expert but I m not entirely sure that RMG would be allowed to do that anyway? Isn't the point of being a publicly owned company to have shareholders?

AngerSharkz, I know what you are saying about forgetting the past but unfortunately in the past the share price has not matched or reflected the fundamentals and almost always the share price will drop upon receipt of good financial results hence the hesitancy of many.

Pst75, I mentioned the Average Holiday Pay last week but the consensus was that this would already be factored in as it wasn't an expected payment?
Personally, I can't see the bill being less than £50m as this is going back 2 years, in which case it could possibly be as much as £100m?

AngerSharkz, "The share price is massively under valued at the moment trading at nearly 50% under fair value."
This looks like history repeating itself. Weren't we saying this in the autumn of 2019 just before the price plummeted, although none of us saw Covid coming which compounded the problem?

deshulme, it wouldn't surprise me that some of the larger investors are monitoring sites such as Royal Mail Chat and could be the reason why Simon Thompson and Jenny Hall have opened up the Workplace app to all employees (with the approval of the CWU) in order to keep the "chat" to a minimum although understandably take-up has been slow as you have to agree to the RM IT standards policy.
There are also numerous private WhatsApp groups.

Could the dramatic SP drop be purely down to the HGV driver shortage and the fuel crisis? I noticed that AO dropped from 217p to 164p yesterday and this has been blamed on the lack of drivers meaning that AO will potentially be unable to deliver effectively.

Thanks for posting JB. Let's hope that it's not going to be a repeat performance of 18 months ago as I'm not sure that scenario would be good for RMG.

What an absolutely brutal week for RMG. Since 8am on Monday it has fallen by 13.68% but based upon what exactly? One broker's analysis? Fuel shortages? Gas and electric price increases? Brexit? Sir Kier Starmer dodging the cervix question? Boris being given the trade deal brush off by Sleepy Joe?
Answers on a postcard please!

Is there any reason why Vesa are adding a little bit at a time and at higher prices than they have previously added?
Are they trying to stabilise the price?