Member Info for Redceo

"OR place it with instititions. In either of these latter scenarios RMG would receive funds which would be returned to shareholders via a special dividend"

I'm betting this will be another occurrence of shareholders being shafted. The institutions will get GLS at a knock down price. I wait with baited breath or may sell in advance depending on developments.

There are other scenarios. Example Pay deal agreed without meaningful improvements. The market see this as increased outgoings from a Company already struggling to make a profit and perfect reason to short further. SP DROPS!

Oli. I'm sure your already aware your negotiations are with the Company and not the self appointed chairman of this board ;-)

In case I'm not the only dummy that didn't have a clue.
However I'm a dummy that always continues to learn.

"YMMV stands for your mileage may vary . This term is used frequently in social media and in text messages to show that there may be a difference in one person’s experiences versus another person’s. This is often used as a disclaimer to show that just because something was one way for the poster, does not mean it will be the same way for a commenter or person who sees the post. "

In which case I hope someone up there reads these messages. Best wishes.

RG. Thanks for your detailed post. Out of interest what percentage salary increase would have persuaded you to vote no to striking?

Presumably when GLS are split off the free postie shares will only apply to the remaining RMG element?
I'm of course referring to the free shares which include future dividend payments that some posties object to shareholders receiving.

Sensible post STD.

JB, I'm with you there. Compromise though requires that both parties are genuine in their intent. Sometimes difficult to compromise with a used car dealer. Even main agents sometimes. Reminds me of a story, but some here might not be on my wavelength. :-)))

JB "What last time are you talking about I am struggling to recall when we had protracted IA?"
The memory playing up is it JB ?
Must admit I'm also at a loss to recall when that might have been. I wonder if DYNAMOFC is also struggling to recall as he didn't respond. ?

No way anyone will convince DYNAMOFC . The figures must be fabricated. In which case easily resolved. The CWU should employ accountants to verify the figures on behalf of their members. The Company will pay dearly when they are exposed.

JB. Agree as is often the case. My thoughts prior to the results were that she would continue to fall. However there was plenty to digest this time. I think now safer to step back and continue the daily evaluation. Whatever the outcome "fools rush in"

Arsenal, Best wishes with whatever you decide also.

JB. The shorters seem to have mixed views. During the past month or so :-
BlackRock have remained static.
Citadel have doubled.
Marshall have halved.

Arsenal, Surely you didn't expect the CWU to do anything other than what they have done previously? This is same old rhetoric .
However there is certainly joined up thinking from the Company. They are obviously not accepting the status quo.
Personally I'm looking forward not back.

Morning Arsenal. Nope, I'm having it all, every last cent. Life is getting very difficult for us. We visited a store days ago because she fancied a new dress. I as usual bought nothing, because I have all I need only regular purchases a new car and phone each year
Yes it's a hard life!

Royal Mail plc approved a final dividend of 13.3 pence per share, at its Annual General Meeting held on 20 July 2022..

Show me the MONEY !!!!

Arsenal, I wouldn't be phased by being in the minority, if that should be the case. Many instances of a majority rule resulting in wrong decisions. I try not to second guess decisions. I also endeavour to place individuals in round holes.

JB. Ahh! Hindsight, is a wonderful thing.

JB "Some shareholders myself included would have accepted a smaller dividend"
Glad you said"some" JB. I put my trust in the management to decide where to allocate what. If the decisions is to pay shareholder £xx. I accept, on the basis that they are employed to make such decisions. Likewise should they decide to increase pay by xx%.