Member Info for OliGarch

Ah, good old MrNation, or Chadders as he is known in Guildford.
Yes I'm afraid "he comes and goes, he comes and goes* to quote George O'Dowd.
But of a chameleon really...,

"Royal Mail is to trial Sunday parcel deliveries for major retailers amid an online shopping boom."
It's a trial for retailers but i would expect this to be rolled out to Joe Public in the future although I would expect domestic Sunday parcel delivery to be a premium price as the cost to deliver will be more.

If the SP doesn't break the £5 barrier on the back of this RNS then it probably never will.

"So.......mail isn't actually 'down' ..... As any postie could have told 'them'".
Indeed. DSA volumes have been steadily increasing since mid January to the point that some Mail Centres have now reversed their decision to remove some of their sorting machines especially with the DtS project due to go live in July.

"Maybe they will use a better machine that will sort more of the letters".
They will use the original machines to save money.

So, hands up all of you that though letters were an irrelevant sideshow now, after all, nobody receives letters any more? Well it seems that we were all wrong as RM plan to bring most of it's mothballed fleet of sequencing machines back to launch a new initiative starting in July.
Will it make economic sense though?

Just Eat is valued at £14.1billion, meaning it is worth more than a host of British industrial titans including Rolls-Royce, BT and BA-owner IAG. The dramatic changing of the guard on the FTSE 100 index of blue-chip firms underlines how the coronavirus crisis has altered the way millions live.
Thisismoney.co.uk
14 Oct 2020

Normandy, "It seems they are just selling an idea".
That's exactly the point.
Did somebody say "Just Eat?"

Sunak is extending the furlough scheme until October. Looks like The Chancellor isn't expecting things to get back to normal until autumn?
Annual results could be much better than anticipated?

I think that the clue is in the name?
Whatever Motley Fool says ....... Do the opposite.

shaunymac, we had a trading update on the 11th of February but it didn't contain any financial details.
Having said that, this stock is all about confidence and very little to do with financial details.

DFF, I disagree (for the time being anyway). Although non essential shops will be reopening in April (subject to all going well) the shopping experience is going to be much different. The high street will not be the same as it was in 2019 as many retailers will have gone to the wall and many people that had never ordered online pre-covid are now more au-fait with the process. Sure there will always be a percentage of people who like to go to the shops but many older folk will probably still be apprehensive.

CBB, I totally agree with you on this.
Also (mixing my sporting metaphors) I'm not sure that RMG will make the cut for the FTSE 100 this year but I do think that we will be in the play off places.

"I think it was always going to drop this week with all the back pay being paid out"

I can't see why that would affect the SP?

Ned777, I have 832 original shares that I can cash in unconditionally but I believe that the SP could go over £5.50 before the end of September especially with some of the new products that will be introduced this year which should help deliveries to become more efficient. I am however sceptical that the SP will be sustainable in the long run as things settle down in the UK regarding Covid-19 as Brexit but all IMHO of course.

Onelongrunner, this year's pay deal takes effect from April 2021 with the 2022 negotiations starting in October or November this year. Obviously the next hour of the SWW will be high on the agenda for the CWU and if the 2020/21 profits turn out to be the predicted £500m+ then rest assured that the CWU will want a slice of that as well. Pullinger and Ward will no doubt be saying to Thompson that the turnaround was done off the back of the employees hard work so they should deserve a decent renumeration. Hopefully Thompson will be keen to keep up the momentum and capitulate so that everyone can be a winner. The SP would certainly rise on the back of that news?

JB, regarding the 'pack of cards' scenario, there's no getting away from the fact that before February 2020, RM were on the verge of a potentially damaging strike from the CWU and had a CEO who was determined to get his way. The SP was falling daily as indeed were letter volumes. Covid-19 has undoubtedly masked many problems with RM however I believe that the underlying issues are still there. The new CEO has obviously tried to paint over the cracks with a decent pay deal in the hope of fixing the major issues before the lockdown ends but it's now a race against time.
LordWales, if you don't see the correlation between the business and it's employees and their union then this may not be the share for you? Plenty of opportunities elsewhere IMHO.

LordWales..... Surely as a Right Honourable Gentleman from the 19th century you must surely mean General Post Office?
By the way, please be aware that we will be phasing telegrams out soon as telephonic communication has now become the norm....lol (and no, that doesn't stand for 'lots of love').

I agree with you regarding the 'house of cards' scenario.
Also with Amazon building new warehouses it will mean that they are less reliant on us to dig them out of the $hit when they can't cope. We have a new huge Amazon site within a couple of miles of our mail centre and the Amazon overflow has been pretty quiet since mid January.
Having said that it appears that confidence is driving this SP and fundamentals are a secondary issue at present..... until someone kicks the two of clubs from out of the bottom row...

13 off Eric? That seems to be excessive. I don't know of anyone on my shift that has the app on their phone anymore.