Member Info for Redceo

Good morning interesting day ahead.
£7m buy at close yesterday.
18-May-22 16:35:18
342.40 2,047,626 Buy 7m

Nice chatting gentlemen. Other matters to concentrate on now.

Oli. "Most of us are happy with our wages, it's just that we don't want our wage packet having less purchasing power than last year."
It's good to hear your happy. Inflation however is not the fault of RMG it's outside forces. If inflation hits 10% is this down to the Company and should they be expected to conjure funds to compensate?
Going back to pensioners and their 3% are they striking or buggering on?

Apologies,
I am of the opinion that the CEO is endeavouring to sort things in the companies future interest which of course should take into account the requirements of you and I (shareholders)

Dyna. Obviously then I have misconstrued your posts which to me have not expressed your true feelings regards RMG. It's good to hear you are in fact backing the Company albeit not the CEO.
I am of the opinion

Dyna. I totally understand if that's the case and wait with baited breath to see what happens when people leave in droves to set up camp in Companies such as Amazon.
Two questions if I may?
You give the impression of something approaching disdain for RMG. Why haven't you gone elsewhere?
The poster Scampthedog tells us he left RMG for Amazon. He subsequently returned to RMG, any thoughts why?

Oli "however the wage differential has become smaller post privatisation"
Hmmmmm, so to paraphrase, my understanding from your reply is, little difference in RMG wages and once you become settled in the Company it has many good reasons to remain.
I can totally understand how this comes about. Obviously we would all like high income but usually we don't get everything we want in life. A reasonable income and pleasant working environment is the next best thing.

345.62 GBX
18 May, 08:03
The coming days will be interesting to say the least. Wish us luck.

If that's the case why work for RMG?
Plenty of vacancies elsewhere.

The uncrossing trade is the result of all of the buys and sells in the call period being uncrossed at where the most volume can be matched.

Someone's been buying today that's for sure.

After reading comments regarding future wage increase. Can't help thinking that OAP's got what was it 2.5% ?
The promised triple lock increase was suspended !!!!!!
Also agree that the "owners" are due a proper return on investment

JMC "Redceo, I hope you are right"
I believe as stated and hope for your sake to be correct. I do recall at the time saying that they were going to fall considerably.
I am not equipped to offer advice but believe you will benefit from holding tight. One other suggestion "don't get close to magnets" ;-)

So shorters are approx 5% or half what they were at the height of their games in July 2020. Won't be long now until we get an indication of their intentions.

STD. I'm using your figures which is perhaps not a good starting point however.
You posted "Total profits – including at its international business – are expected to rise from £664million to £722million"
This is an increase of £58 million. Would love to converse further with you. However......

And dropping :-
330.01 GBX -8.09 (2.39%)today
16 May, 08:28 BST •

Where will she go today?
332.70 GBX -5.40 (1.60%)today
16 May, 08:14 BST •

Anticipated total profits – £664 million to £722million = £58 million.
Then deduct the quoted £200 million required for an acceptable pay rise.

Common. Didn't read like waffling to me. In fact I read a lot of common sense.
One thing for sure "keep the powder dry" for, irrespective of how low the SP goes it will flow back.
Last time around people were talking about 800p SP possibilities which was nonsense. To me the stock was going to drop and it has. Unfortunately my belief is that it hasn't settled at its bottom yet. However I believe just as strongly that it will repay those that don't buckle under the pressure.
Keep the faith.

Oli "we shouldn't expect fantastic results on the nineteenth"
My thinking exactly and as we know even if the results were good. The market would find any snippet to excuse a drop.
On the bright side a decent drop will be recovered as profit in the course of time.