Said all I am going to say right now concerning a possible strike and the utter devastation it would cause...for both parties I might add. I will return in three or four weeks time. One thing before I scamper off: these shares might seem really cheap right now (and in all honesty, if everything being equal, one could assuredly say they most certainly are!) but if that strike does come...then this present share price will look like a faraway memory. BUY WITH CAUTION in the following weeks. Ta-Ra!!
Still waiting for you to pull my timetable apart, JBTHISTLE. And by the same token still waiting for you to name one identifiable mistake in my former comments...I stand to be corrected of course. So please show me where or why I am wrong in my contentions.
Your comments are undeniably so in many aspects, apl.10. However, it does not have any barring on the fact that strike action, if unavoidable, will have a devastating effect upon Royal Mails mid and perhaps even long term future.
Industrial action, if indeed it takes place at all, will take place during the start of December. I am not going to explain why...it is all in my last post from a couple of hours ago.
An Impairment cost must be included under expenses when the book value of an asset exceeds the recoverable amount. Impairment of assets is the diminishing in quality, strength amount, or value of an asset.
Good choice of a word that -- Impairment. Love it!! Good news not.
RMG and the CWU have, over the last several weeks, been taking part in informal mediation...the mediators report is, I believe, due out this Friday. As for strike action -- why would it be illegal? RMG has a choice: involve themselves with the CWU in formal negotiations, or, continue to decline to participate and in the very near future receive notice from the CWU that they intend to take strike action. The legal requirement for taking strike action is one weeks notice -- from the participants to their employer. Royal Mail will drag this out now over the next several weeks. First the mediators report. Then their refusal to take part in formal negotiations. The CWU putting them on notice of an impending strike. And, finally, Royal Mail agreeing to formal negotiations...after all this, a week to appoint an arbitrator and three weeks negotiation. So, in my estimation, that brings us up to the start of December: probably about the earliest a strike could legally take place. But that is still more than enough time for a CWU national strike to put Royal Mails "Five Year Plan" back a lot longer than just five short years. The cost of such a strike would be astronomical!!!
I am invested in three Graphene companies...Haydale, AGM, and Directa Plus. Overall I am well in the red but showing a small profit with Directa Plus; I was invested in VRS but got out whilst the s.p was still in the mid £1.60s. Some subscriber on this site, not sure if it was mentioned on the Haydale thread or one of the other two, wrote words to the effect: Graphene is something that belongs in a test tube in a laboratory...not yet as a commercial product. You may well disagree with the exact wording...but, I, myself, entirely agree with the sentiment expressed. Simply put: we are very much still at the experimental stage. All these Graphene companies are just a decade too early...as is evidenced by the Government recently funding the new research centre in Manchester. Graphene...a wonder product? Yes - undoubtedly! But it will be a little longer yet before it is made available to the wider market. Like I stated previously, the most precious thing here is time...and the jury, for all these little companies, is still out on that one.
I have been invested in this company since the s.p was 55 pence a share...I also took part in the last fund raise. It would be a great shame if this company was not to survive, as it has slowly but gradually managed to establish itself in several global regions to take advantage of the company's various expertise. It now has the infrastructure all in place -- but might not have enough precious time to survive. I suppose it always comes down to that one thing really. New orders, big, very big new orders, are required now -- and soon! Let us all hope Haydale makes it through...if effort is anything to go by they most assuredly deserve to.
But there again...you have never taken part in a full blown Royal Mail strike have you, wolvesposty? If you believe anything about me believe this -- I truly and sincerely hope they can all come to an agreement. Really I do. Ta-ra!
And as for your ridiculous platitudes about working during a strike and crossing a picket line...well -- good luck with all that!! P.s I would'nt fancy being you, sonny, having to face all your new ex-mates after all the dust settles.
I always did have you down as a bit of a berk, wolvesposty...now you have absolutely confirmed it. I don't know where you get your £8.00 an hour from, same for Redceo and his minimum wage claims, the actual pay rate for most people working at Amazon is £9.50 an hour...£10.50 for London rates. I work a four day a week shift with plenty of overtime available.
As for your contention that I would'nt last 5 minutes at Royal Mail, I worked for Angard for over 6 years... this was at various Royal Mail sites throughout the country. All I can say regarding your statement is this: nearly every night of the week I see people sacked. Why? Because they seem to think that work is just a matter of turning up on time. They are wrong. As for a large proportion of "your lot", they would not last the hour at Amazon -- a couple of big, burly security guards would soon be showing them the door! And remember this also, I have worked with hundreds of posties, many hardworking and industrious ones...but, sadly, there are many that are not. It is a good job these particular posties work for the Royal Mail, because I can assure you nobody else would employ them...not with their lack of work ethic they would'nt. And thats - - end of!!
No. Not when dealing with overbearing, pompous, egotistical fools and idiots...and rude and vulgar ones at that. They show their obvious lack of maturity I suppose. Just another lamentable sign of the times though!!
I am now fully convinced that most of you on this board are under the influence of some sort of mass hypnosis -- talk about deluded!! So here is a nice easy question for all you clever girls and boys...pay attention now please. If the CWU announce tomorrow that the result of the strike action ballot was a massive "yes" vote and they intended to strike, and then say, hmmm, er, on the Thursday of this week we are told that a fantastic deal had been done regarding Brexit, which, in all likelihood, the Commons would be inclined to accept, do you then think that the Share Price would suddenly rocket upwards? Because if you do...then you are not only deluded you are also in possession of an extremely low I.Q. The Pound and Brexit my @rse!! P.s and not forgetting of course the Short position at 6.71%. But, hey...thats just a mere game of bagatelle is it not?