Member Info for Redceo

Letter delivery to homes and businesses has been achieved thus far on payment of postage stamps. However due to numerous reasons the Royal Mail has been running this service at a loss. It has also been fined for various reasons.

I. D. S. is a privately owned Company therefore this loss is borne by shareholders. The time has come to ensure the service is run efficiently and fully supported by postage fees which ensure its future.

The questions to be answered are :-

Is the current management capable of ensuring efficiency.

Are those who use the service prepared to pay for the changes needed.

I will readily admit that this could go either way. However I have stated that I'm holding. I am in Profit here so could walk away with a smile.

My choice either way and I have chosen.

We could of course have an outcome where.

1. Government don't intervene.

2. The offer is voted down.

3. DK doesn't increase his offer.

Back to square one?

No change :-

Notice: We no longer track disclosures after they drop below 0.5%. It is possible that the manager still holds a short position even if we are showing it as zero.

Fund % short change Date changed

Sessa Capital IM, L.P. 0.94% 0.11% 5 Jun 2024

Total 0.94%

Oli "Does anyone know how last week's meeting between Braverman and Kretinsky went?"

Doesn't seem to have achieved anything worth reporting Oli.

The silence is deafening but a welcome respite from a few weeks ago when a surge in posts yielded nothing but garbage.

We shall know soon enough and I'm still holding.

Jun-24 12:30:32 322.90 192,000 Buy* 619.97k O

18-Jun-24 12:29:26 322.90 122,064 Buy* 394.14k O

Example of someone buying?

18-Jun-24 12:29:26 322.90 52,313 Buy* 168.92k 18-Jun-24 12:28:27 322.90 49,000 Buy* 158.22k 18-Jun-24 12:28:27 322.90 21,000 Buy* 67.81k

18-Jun-24 12:27:26 322.90 70,000 Buy* 226.03k

Sim, Don't Worry until you see the likes Of Blackrock enter the fray.

Probably typos on your comments I'm sure you realise we are talking 0.5%

Sim.

Oh dear "head for the hills" lucky we weren't relying on you during our previous scuffles 😀

JB. Totally agree and sometimes the possible outcome is not easy to judge. This is one of the times when I just have to go with my gut feeling. Then none to blame other than myself.

So I'm still a shareholder here and risk losing the profit that has been gained over time. Of course it's a gamble but that's what makes life more interesting.

Good luck to those that continue to hold.

Sim, Yes I'm aware of that but usually pay little heed to those under the 5%.

It's when we get a number of shorters above the 5% that the trouble starts.

Interesting that we still have the one shorter and no increase since the little flurry up to the 5th. There seems to be a great deal of uncertainty as to the final outcome here.

There are so many if's and but's flying around currently. As a result some have taken "their money off the table"

Quit while your ahead they say. Others with Gonads might think differently. Only a matter of time and we shall see.

Derek, I was reply to LDB's comment where it was stated "The Unions make less than half of Labours DONATIONS"

In fact you are both correct. The amount in question is "less than half" although I see your point.

Fact is that the Unions do contribute a vast sum to the Labour Party and it would be a mistake to believe their views would not be given more consideration as a result.

LDB "The Unions make less than half of Labours DONATIONS. Labour has moved away from union INFLUENCE"

Are you seriously suggesting that Labour would risk alienating a group that provided "almost" half its income???

"Conservatives are clear we want a continued six-day service, which Labour and the trade unions would put at risk"

So the Tories want a six-day service to continue the risk to IDS. Well thank goodness we shan't get the same lot in power the next time around.

Sooner this entire fiasco is resolved the better.

Accepting whatever is in store for us? The realisation that there is little we can do to affect the outcome.

But that's how it has been for YEARS! Shorters or C.W.U etc.

Bres1960, That's the way to do it, just let all your frustration out. At least you made a profit, there are others that will not.

Quite a few volume sells going through. History repeating itself!

If the cameras aren't there, those that "play for the cameras" will probably be "otherwise engaged"

So many just like the sound of their own voices.

Let's just get it done and dusted!

Https://www.theguardian.com/business/article/2024/jun/07/royal-mail-bidders-paradise-islands-prague-properties-questions-asked-daniel-kretinsky-business-links