Member Info for Scampthedog

You cannot take things individually and place them into one all encompassing basket, AngerSharkz. There is more than that effecting the IDS share price here today.

Most fervently hope I am wrong...but if not...see this as just another buying opportunity.

Is this the bottom? The bottom for now that is.

This is a collapse. It has still not bottomed.

this is more likely to be a case of 'informed rumours'. And it doesn't look good.

I have been struggling to try and understand why it is Kretinsky has not been buying over the last several months. Looks like we may now be about to find out the reason.

I have always found it highly improbable that Kretinsky would allow the Board to just cave in to the CWU.

I sincerely hope that I am wrong about the bad news...but the rate at which this s.p is now collapsing is anything but encouraging. In fact...quite the very opposite.

Next support £2.14 Failing that: £2.04

hopefully.

Next support £2.14

If the CWU have f..k.d up this very last chance...then we all know who is waiting in the wings.

And I am not talking about West Ham United F.C

At the end of the day what will be will be I suppose.

If its a no deal it then becomes a simple case of last man standing.

My money is on the company. Then there 'by the grace of God' will come executive action.

For me this is what it has been all about from the very outset. This company is going to change...and thats with or without the union's blessing.

Quite right, GJL9...but there again the rest of the companies in the FTSE 250 are not engaged in intensive, last gasp talks to try and stave of the very real threat of impending bankruptcy are they?

If it doesn't hold here ...then £2.14 next.

If it can't find support at 2.14...it will be all the way down to 2.04.

Would be a nice buying opportunity though if it sinks to 2.04

Looks as if negotiations are not going too well.

This is the final roll of the dice for the CWU. Refuse an offer at this late stage of the game...and there will be blood all over the factory floor. Not looking good.

Kretinsky will be mopping up soon. Once these talks are concluded either way...I reckon he will start to accumulate once again.

Better the Board than Kretinsky as far as the CWU is concerned I should think.

.......?

More to the point...where is the money?

La Poste (France) recently announced the introduction of a Green Stamp that guarantees delivery of a letter within three days. A new E-letter type system has been developed for correspondence that needs to be delivered the next day.

PostNord (Denmark) introduced a change in 2019, so standard letters are only delivered one day a week. I have visited Denmark...a very efficient, forward-thinking race of people.

Posten (Norway) reduced their five day a week delivery for letters, in 2019, to two and a half days a week.

Posti (Finland) For more than five years has implemented a reduced delivery frequency in urban areas from five days a week to three.

PostNL (Netherlands) in 2014 saw the discontinuation of Monday delivery for letter mail.

And in merry old, quaint, backward-thinking England? A bunch of vitriolic, self-important, pompous buffoons sat around a table in the most exclusive club in the British Isles taking cheap-shots at a group of men, sat opposite, struggling to make a hamstrung, broken-down, ailing institution work for the benefit of all; and by all? I mean the General Public, the shareholders AND the employees.

Pathetic!!!!

Almost as pathetic, it has to be said, as that ridiculous, sniping fool wearing the spectacles with his juvenile leading questions and clumsy attempts at blatant entrapment.

"Please answer this question Mr Thompson so you can hang yourself". "Er...er....er". "Exhibit five please...then can you explain this Mr Thompson?" "Er...er...er".

Like I previously commented -- Pathetic!!!!

These deluded M.Ps need to get a grip...and do it quick. You simply cannot run a sprawling corporation like the Royal Mail was run back in the dearly beloved, bygone sixties...it just won't wash. Your average postie doesn't just deliver the odd parcel to 55 honeysuckle cottage at the bottom of Devon lane anymore...your average postie delivers hundreds
and hundreds more.

Change the USO or watch Royal Mail fade into complete oblivion...or complete bankruptcy. Whichever one...it all amounts to the samething:- change or die.

Just watched a rerun of the latest lynching on Parliamentlive.tv by the selected-hanging-party. Followed that up by once again watching the last update by Ward and Furey.

The CWU have won nothing and are being led straight up the garden path.

The Tory leadership are not going to get involved. The General Public don't really give a toss. And Thompson and Williams will still be where they are at the present time 12 months from now...unless that is Kretinsky decides to have a stab at taking control.

This is all becoming really quite farcical. "Two non-Executive Board members" leading negotiations with full authority to broker a deal? All right then...whatever.

Nothing will be agread here unless Thompson and Williams rubber-stamp it. The CWU are about to be hijacked by, apparently, good honest intent that doesn't seem to really have a proper grasp on the reality of the situation.

Thompson and Williams are just blowing smoke here...presented with a chance by a bumbling gent with an over-developed worth of his own imagined importance.

The CWU are going to get what they get. The PDA's will still be used...and more things to come regarding their use. Start and finish times will change. The sick pay policy will change. New starters terms and conditions will change. Legacy payments will cease. Annualized hours will eventually come about. More owner/drivers. Less Mail Centres. More Super Hubs and smaller local Hubs. More mail on rolling-stock. Less trailers on the roads. Plus much, much more to come over the next few years...coupled with much more executive action also.

Kretinsky is sat waiting on 23%. Does the CWU not understand what is unfolding here? Either they accept change and come to a deal...or Kretinsky, eventually...or one way or another when he is ready, will change it for them.

We may well find ourselves with an agreed deal in a week or two. But don't anyone hold their breath on it. Because I reckon nothing much is going to change. Just my opinion...but we will soon see.

P.s when I say "I reckon nothing much is going to change" by that I meant nothing much in the Board's way of thinking is going to change. There is going to be plenty of change...but I suspect not to the liking of the majority of posties (me included). Ah well...nothing lasts forever.

Just been told the R.Ms cleaners and engineers have reaced a pay deal agreement (plus t&cs) negotiated through the CWU.

Posties next?

and they are Daniel Kretinsky and the Secretary of State for Industry.

And whats more...its been that way for quite some time now.

There might be a settlement...or there might not...not in the short term that is. But, ultimately, it makes not a jot of difference. The final outcome will remain the same.

Bored of it all now. Next point of interest will be Thompson's public flogging next week. After that...well, its anyone's guess.

So heres mine: in the very near future things are going to start snowballing...and increasingly faster as the days roll on.

A repetitive damp squib it may well be at this moment...but it won't end that way.

The CWU are playing with proper fire now...and someone is going to get burned very badly.

If the company can bring the workforce with them they, most obviously, would much prefer it. But if they can't?

No prizes for guessing who will sort it for everyone then if this indeed turns out to be the case . And thats definitely something the CWU will not find to their liking. Me included.

you have become.

........ damn.

Totally agree with you, AngerSharkz...a very quiet, inactive board indeed.

I think that is because we now are all up to speed here. I don't have a lot to add myself in all honesty...we all understand the state-of-play as it stands.

But to summarize my way of thinking:-

1. Company started the ball rolling with a ridiculously low pay offer (probably a deliberate provocation)
2. Union responded as any union should.
3. Union acheived and were then offered an excellent settlement ( excellent to my of thinking...but not to the majority of posties it has to be said) which they, the union leadership, instantly turned down.
4. Company has now started to slowly impose change using executive action.

Outcome? (only my opinion of course) A greatly diminished union, a settlement forced upon us (and less than what is being currently offered) and many more people being put out of work than that which is being currently projected.

The CWU to declare victory tomorrow? ......errrr??

What kind of victory would that be then?

One that refuses to face cold, hard facts? ...or some 'proletariat paradise' that briefly exsisted between 1953 and 1967?

If the CWU continues down the route they have chosen...then there will be no winners in the short term...and nothing but wholesale butchery also.

Victory my fat @rse!!

Kretinsky is just going to lay down his pen -- ruefully sigh -- sell the lot and walk dejectedly away is he? Put it all down to a bad experience? A mis-judgement on his behalf? He spends countless tens of millions just to make a complete chump of himself? .....Ay??

Kretinsky takes a good hiding on this one then? More chance of West Ham winning the Premiership in the next ten years...with or without Kretinsky's billions that is.

Thanks for the link JBTHISTLE...interesting read.

But regarding Kretinsky.

1. I find it impossible to believe that Kretinsky has not been advising Thompson and the Board...albeit in an unofficial, quiet-whisper-behind-the-hand sort of way...especially in light of the former buy-back that was initiated some short while ago, after all...to whom would have that buy-back benefitted the most? Kretinsky I would say.

2. I also find it interesting that Thompson includes the sentence: "In the current financial year". Kretinsky, you would have reasonably thought in any case, by now must surely have informed the Board (and its impossible to think that at some point he has not done just such as this) what he hoped for and expected regarding the company's fortunes in the not so distant future. In other words: all that he might have wanted to say to the Board regarding his investment (and any advice he offered whether invited or not) may well have been said well over 12 months ago...although, myself, I find that very hard to believe. The point being...by using the phrase "in the current financial year"...Thompson could claim, if contradicted at a later date and accused of lying, that he wasn't actually lying...because Kretinsky had only offered advice several years, or 12 months, hence...not within the current financial year.

But do I believe that Kretinsky has not had informal, behind closed doors chats with Thompson regarding his investment within the last 12 months/current financial year? NOPE!!

And nor should anyone else too if they have just only half of a fully functioning brain.

I think it was JBTHISTLE, who might have commented a short while back, that it looks as if Kretinsky could be waiting for the outcome of the next Select Committee Meeting before deciding whether to attempt to oust Simon Thompson or not (depending on his performance on the day that is)...and then perhaps have him replaced with his own man.

This makes perfect sense; and might also explain why Kretinsky has not bought any more stock of late. Very puzzling when taken on its own...certainly when you consider the way the s.p has steadily risen over the last several weeks at any rate.

Thinking more on it...Thompson will now most definitely, come the day of the Select Committee Meeting, be required to divulge the names of the persons/investors that he/the Board have been taking advice from. Again, this might greatly upset Kretinsky; and, worse...lessen his chances of taking over the company (if indeed this is his ambition).

I would very much doubt that he will want his machinations and contrivances revealed to all and sundry and made very public in the daily tabloids; this may very well then involve a public falling out between Thompson, the Board, the Secretary of Industry and Kretinsky himself...and many other investors also it has to be said.

Throw the CWU into the mix...and, at present...we really do have a duck-soup.

Everything is drawing near to the boil now...only a matter of time before it all boils right over.

Things are starting to simmer, out of sight, just under the surface now.

Another few weeks I reckon.

CWU...beware the 'Ides of March.'

We need to cut a deal, lads. Its getting too late late in the day now.