Member Info for Scampthedog

"Scampthedog thanks for the reply so you have been substantive for about 9 months?"

9 months? No. Eight years.

I worked for RMG, left...and several years later now employed once again by RMG.

And before anyone starts saying "doubtful", I know a driver (an ex-postie from delivery) who worked for Royal Mail for 14 years, left, came back as an agency driver...and is now employed as a driver working full time once again for Royal Mail.

In fact, although I only know of this one example personally...I have been told by others of several other such cases.

Hope that clarifies it somewhat, JB.

P.s and in between all the aforementioned I also worked for a small courier company in their sorting station. Been busy have I not? Cheers!

You remember correctly regarding my past employment. Worked for RMG, Angard, Amazon (very short period of time)...and now, once again, RMG.

I also worked for 5 months for the now defunct "City Link". This was as an agency worker employed by a company called "Staff Line".

Personally I myself don't dispute much of what you state, MrNation; after all, a lot of it is just common sense..and also just plain obvious.

You are quite clearly trading RMG (and other stocks) so fair play to you, but I very much doubt if you have a long term investing strategy with this particular stock...you just don't strike me as a typical long term holder here. Nothing wrong with that of course!

But as a long term holder myself, I am, therefore, unlikely to be very much impressed with you short term outlook. You are also, quite evidently, completely unaware of the real workings of the CWU, its mindset...and how it could blow this s.p out of the water with just one sour, downbeat announcement; well, thats the impression you "apparently" seem to give.

And one other thing: I would not follow the advice of anyone (long term) whose present position in pumpedordumped now stands at nos 31: BIDS, COPL, RMG, EDL, ALBA, VAL, MTFB, UFO.

Not checked them all out yet...but no doubt, overall, you have done really quite well over the last several months or so. Good on you!

But take your advice long term...errrr noooooo.

And as for RMG, at present prices...money to be made short term? Maybe...but there again...maybe not.

At the current share price this stock is not for amateurs (like the vast majority on this board) it is strictly for pros.

Begs the question, MrNation, what are you? A pro or an armchair trader?

Whichever...you are still a trader...and a trader with a short term outlook.

Which, of course, is completely opposite to most here. But good luck to you in the short term -- cheers!

"Scampthedog I am not sure if you just dont get it or are trying to mislead. The business do not owe the postal grades anything to do with hours. The reduction in hours were in an agreement which was not honoured or met. Any reduction in hours will have to be self funded. If this is which I expect it will be included in any new agreement it will be the same formula. I don't care if they offer 4 hours off if the business saves a shed load of money and some of this maybe up to half covers the cost of any reduction. I also find your description of your colleagues distasteful you newcomers need to show some respect as per the company values."

Lets take each remark in turn, JBTHISTLE.

1. If you, Royal Mail, or anybody else for that matter, wants to interpret the "Four Pillars Agreement" in the manner you have just outlined then that is fine...it is not the way the CWU sees it...and, more importantly...not the way the CWU membership sees it either.

As far as the CWU leadership and rank and file members are concerned the "Four Pillars Agreement" remains.

The clue is in the wording, JB -- "AGREEMENT"!!

RMG might have torn it up...but most of the posties on here will tell you exactly what I am telling you -- the CWU have not!!

2. My description of my working colleagues is spot on...and so is newpostie.

A great proportion of the "old hands" are nothing less than workshy, lazy, shiftless idlers! Many of them would make Red Robbo look like a timid Liberal Democrat. Militant socialists...just like Dave Ward.

And as for company values? Errr...noooo, not for me. Not my politics their politics, mate.

Not in the very slightest.

P.s I worked for RMG for 4 years. Left and worked for Angard for a further 4 years. I have now worked for RMG for yet another four years.

Does that make me a "newcomer" in your eyes?

newpostie. I understand perfectly the sentiment of what you are expressing (pity the major shareholders cannot see it first hand) ...however, that still leaves intact my belief that a large number of posties will reject any offer that does not include at least one extra hour off the present working week; a not insignificant number will reject any offer that does not include both the hours that are now owed...two hours come this October least ways.

This is a massive stumbling block. How to resolve it? In my opinion it will need someone with the wisdom of Solomon!

The CWU and members have already had their grey baggy shorts taken down and their big, idle, fat @rses well and truly spanked. Cannot see them falling for the same trick this time around...mind you, there again!

It has been quite apparent, well....quite apparent if you possessed half a brain that is (discount a large proportion on here then) that the talks were pretty well up the old ****-creek without a semblance of a usable paddle come the end of July. What was one of the excuses? Oh yes...Terry was on vacation...or was it perhaps our illustrious and dynamic acting CEO? Whatever the reason, it was a load of old cobblers!...but there again, who actually really cares? It was just all bull**** at the end of the day.

Old saying: bull**** baffles brains.

Yes indeed, I certainly do not envy all the people gathered about that negotiating table....a big, big headache for everyone included.

And all of RMG's own making!

Moya Green, genius? Errr....noooo. But she sure as hell stitched em all up to make it look exactly that just before she left with an enormous golden-handshake.

Nicely done, Moya...very nicely done indeed.

"You're quite wrong scamp, most posties really aren't bothered one way or another about either 1 or 2 hours supposedly/theoretically coming off the working week and they certainly won't strike over it".

"But do please carry on with your desperate de-ramping."

Taking your first point, Mike. I never suggested that "most" posties cared about the shorter working week. What I suggest is that "enough to make the difference" care passionately about it.

Any deal between RMG and the CWU (whether it includes the shorter working week or not) has to be ratified by the members; and the Postal Executive is fully aware of just how many members (especially in delivery) want (need!) that shorter working week.

Let us say, for the sake of argument, out of 90, 000 CWU members, 80,000 cast a vote on any proposed agreement. Let us further say that 60, 000 vote yes for an agreement that does not include a shorter working week. Where does that leave the union leadership then?

30, 000 union members very greatly upset at not receiving what they were promised several years ago? An agreement that was not just brokered by a much respected ACAS negotiator...but negotiated in the full glare of the public media?

It might not be an agreement that is enforceable in a court of law...but it was certainly an agreement in kind; and not just a "gentleman's agreement" either.

The CWU have nailed their colours to the mast of the "Shorter Working Week". To disregard it now could actually be fatal to the union leadership...it might well result in Pullinger and Ward having to step down.

Perhaps RMG could offer to "buy" one of the hours back? A £500.00 one off payment might swing it...with talks next year about perhaps reducing down another extra hour.

But to come to an agreement now, with RMG, without mention of that reduction in the working week. No chance! Not as far as the union leadership is concerned -- just plain suicide!!

In short, many posties would be beside themselves.

Taking your second point. De-ramping? Why would I wish to de-ramp? I have a vested interest in both RMG and an investment in the stock. So, no! No de-ramping from me, Mike.

Just some uncomfortable propositions...something to ponder on.

is it some sort of code?

https://postandparcel.info/123564/news/post/royal-mail-and-cwu-restart-talks/

Thanks for providing the link MrNation...confirms what I stated some weeks ago (hope you take note JBTHISTLE) that talks between RMG and the union were to be concluded AT THE END OF JULY!

Not sometime September...or October...or any other time. And not even perhaps next year.

Trouble coming? Without a doubt. Resolve the shorter working week? No chance!

How? Come October, it is 2 hours off the shorter working week. Not one hour. Two!

And a lot of posties (enough to make the difference) want it!

Trouble coming?....actually it already has looking at the extended delay in a resolution.

Still retain a small holding here...so still regard myself as an interested investor.

Why all the vitriol directed towards, Geowiz? Same for TaxiForHaywood? (great username - lol!)

As for a supposed group of shareholders demanding answers...why not?

Can anyone here prove (disprove?) otherwise: that there are no disgruntled shareholders who have formed some sort of action group?

And have Block come out and emphatically denied the rumour?

Both Geowitz and TaxiForHaywood have only been asking pertinent questions...and yet they are derided and ridiculed.

No doubt this is just to make some overly invested (greedy) speculators on here feel more comfortable withe themselves.

Well I hope it comes off for you...hope it comes off for me also.

But if it does'nt, if you are far too heavily invested that is, then...you only have yourselves to blame.

But taking cheap potshots at people asking sensible, grown-up questions is'nt going to help that is for sure.

As I have said many times over: this was, is, and remains a punt. Just a day at the races...and thats all it is until proven otherwise.

zzzzzzz....

When taking a look at this board over the last several months I can fully appreciate why people have become embittered....and in many cases downright openly hostile towards the board.

But the fact remains that it was, as most holes in the ground are, just a punt -- and remains that!

Unless they find gas or oil (or both perhaps?) in commercially viable amounts that are worthwhile extracting over the long term...then what else do you call it?

And I don't recall the board promising everyone a nice big return on their bet? Thats right -a bet! Because it would have been wrong to have ever called it an investment.

An investment is where you invest something into some other thing which is already established and producing some sort of output (whether that something be a business -- effort -- time...or just a person even) not a hole in the ground.

Stop blaming the board for this all going pear-shaped.

Yes they may well be incompetent, may well be deceitful...but they did not guarantee anything either...well, not carved in stone...not that am aware of least ways.

A complete shambles? Most certainly! A purposeful deception? No! Just a punt...and perhaps always was.

Anyone who did not take the opportunity to reduce down...well, say no more.

We don't know who exactly is doing all the selling yet, CystalBallBroke...apart from those unspeakable parasites doing all the shorting of course. Having said that...even a parasite is entitled to make a crust or two.

Maybe it is just not private investors dumping the stock, maybe it is also one (or several) of the institutional investors that are busily trimming their holding? Maybe even Kretinsky is now reducing? God I do hope not...

But if he stays fully invested (Kretinsky) and, whats more, buys in yet again (and keeps on buying - hopefully!) well...thats an entirely different ball game altogether.

There should be an RNS very soon regarding the selling off.

Despair not, C.B.B...in two years from now, whatever price they may fall to in the interim, this battered stock will be worth considerably more than £1.70 a share.

Ever since I joined this forum I have been absolutely consistent in one thing: it will take at least another 5 years for this s.p to get anywhere near the heady days of £6.00 a share. And, in all truth, probably longer.

So sit back C.B.B...and enjoy the ride. Because if Kretinsky keeps buying in -- the union keeps digging in its heels -- RMG gets a new CEO and then starts playing hardball.......then, young man...it is going to be the ride of a lifetime.

More to come from the compulsive-viewing, head-on train wreak that is Royal Mail and the CWU? You betcha!!

And I would'nt miss a single minute of it...how could I?

I see it every single night. Lol!!

And there is an awful lot more turbulent water to run under this creaky old bridge I can promise you...and that is for absolute certain.

Good luck to all genuine, long-term holders. I will be back when either the union and RM manage to cobble together some sort of compromise...or Kretinsky steps in and does it for them.

Oh boy -- would I just love to see that!

And don't mistake this overly long, unacceptable silence by both RMG and the CWU as being good news...it may well be anything but. Especially when you consider the new increase in the short position last week.

So bye for now - byeeee!!!

"History is a series of events over millennium's which combined affect present day."

Really, Red? My goodness how very clever of you! Who would have thought history would have had some bearing on future events.

Redceo: "I recall historical comments here for a variety of reasons."

You don't say? Well recall this: "£5.50 in 2020". Remember that one, Red?

Because I do.

And I am never going to stop reminding you about it.

Four months and counting.

Lots of good times ahead for Royal Mail in future years...but not yet...and not for quite a while to come either.

Putting this present squabble aside, which might be resolved amicably for the near to short term, things will slowly but surely start to get better over the next several years...but not before modernisation on a huge scale that is.

When the Royal Mail finally gets nearly fully automated (as far as parcel sorting is concerned) then things will just naturally follow on; V.R might well be offered in certain areas (Mail Centres and where hubs are located) as more and more parcel sorting machines are installed...and obviously the workforce will shrink quite naturally as more and more people reach retirement age...but fewer people are taken on to replace them.

As greater automation takes a hold and the workforce becomes smaller then it will most definitely suit RMG to have most people employed on a shorter working week; the union will acknowledge it as helping preserve jobs...and RMG will save a fortune on overtime pay.

As operating costs become under greater control and reduce markedly, and as Royal Mail (hopefully) wins even a greater amount of a rapidly exploding market, then turnover will increase dramatically...and this should translate into even more greater profits.

In short: in 5-6 years time these shares could quite easily be worth 5-6 pounds yet once again.

The parcel hub in Daventry is an excellent example of good times ahead. Although its own terminal link is outside the building, unlike Warrington which has one of the longest commercial platforms in Europe (used to be the longest!) it does have easy access to the platform being situated in the very same grounds: Daventry Terminal can send all the North West parcels direct to Warrington Rail Terminal -- and vice versa. In the next 18 months I would expect a major redesign of both the existing Royal Mail rail and road networks.

I have been reliably informed that the parcel sorting machines in the hubs will be more advanced in design than the Mail Centre parcel sorting machines; they will more resemble the sorting machines used by Parcel Force...although smarter in nature: greater scanner ability and able to process using volumetric sorting (I believe that is the correct term).

Because these machines will capture all the scanning data, Royal Mail will be able to greatly increase profits by correcting any lost revenue. For example: a customer has a contract for sending thousands of parcels each week of two different sizes...but slowly and surely begins to slip slightly bigger sized boxes containing multiple items into the pipeline: the data that is captured will be systematically checked and any anomalies flagged up...therefore the proper revenue can then be applied.

Yes indeed, the days of the huge, creaking old dinosaur are well and truly over...everyone of course realises this.

Question is: does the CWU realise this? Let us all hope they do so fo

"Running down the ballot".

Exactly what I commented on in one of my earlier postings.

So bl00dy obvious!

You can disagree if you so wish...you are very much entitled to your own opinions of course.

I am simply stating that I have been labouring, rightly or wrongly, under the impression that talks were supposed to have been concluded by the start of August.

This was further reinforced this morning when I saw the Liberum analyst Gerald Khoo's remarks reported in Citywire: "after meetings fell behind schedule".

Perhaps I am misinterpreting the actual context of what was said and how it was meant to be implied?

Whatever. My opinion remains the same. We were misled...and thats putting it at its best.

Isleworth, you state: "You have clearly traded RMG, like the professional you clearly are".

My reply. I could have traded 12,000 shares just a week or two ago when the s.p was at £2.20... and taken a small profit...I did'nt though. I am in it for the long run and will add further when I judge it to be the right moment...and that moment is not right now.

JBTHISTLE. In answer to your question: "Do you accept that negotiations didn't just start this week?"

My reply. No, JBTHISTLE. We were all informed initially that talks were starting and were to be concluded by the 31st of July...sometime after, those ongoing talks were supposedly extended by two to three weeks. Three weeks would have been the Friday just gone.

Like I mentioned: at the very best -- misled.

200iq. You state: "Short term is fine by me scamp. Baby steps, softly softly catchy monkey. Let's bank a nice back dated pay rise and at least one hour less a week and then see what the future beings".

My reply. I agree that we will more than likely get an above inflation pay deal...but an extra hour? Errr...no. Unlikely in my opinion. Why should we? Because of some unworkable, badly thought out, unenforceable agreement? When the hubs are up and running maybe. But that will not happen for at least another 18 - 24 months from now.

Now a question for you, 200iq: if that extra hour was dependent upon giving up your second "grace" break...would you be happy to do so? An extra 12 minutes a day less work...but no second break. Hhhmmm...I can already hear the howls of outrage and indignation.

Royal Mail (RMG) talks with the Communication Workers Union (CWU) appear ‘constructive’ but any deal may be short term and issues could arise down the line, says Liberum.

Analyst Gerald Khoo retained his ‘sell’ recommendation and target price of 115p on the stock after meetings fell behind schedule but positively there has been no mention of industrial action ‘which we believe points to constructive talks’.

‘We sense the CWU is looking for an above-inflation [pay] rise to reflect the efforts made during the pandemic and to compensate for the below-inflation increase last year,’ he said.

‘This perhaps points to an interim deal covering a short-term pay award...while this would represent progress, it would be less far-reaching than hoped for and leave the major medium-term challenges still to be addressed.’

"after meetings fell behind schedule": nobody likes being misled...least of all the financial markets.

Rico Back, although I can completely understand why he had to go, was fully aware of just what, for RMG, as a business, in terms of costs that is, the "Four Pillars Agreement" really was; that is why he sacked Sue Whalley...she was the poor ***** who was fitted up by Moya Greene: Sue Whalley put her name on the paper that signed the deal on behalf of Royal Mail: the "sacrificial lamb" so to speak.

Stuart Simpson (acting CEO) is the sane voice of appeasement: the "new" approach; as ably demonstrated by those two laughable videos presented to us all last night by the District Manager...all you posties will get to see them. What a load of jingoistic tosh! And not a single fact contained therein...and I defy anyone to find one either.

Royal Mail is stalling...and once again, Pullinger and Ward have fallen for it.

I have stated this before and I will do so again: as an advocate for making a plea for your very life...Terry Pullinger every time. Tactics? Yes...pretty good. As a strategist? Both him and Ward have not got a clue between them.

Royal Mail, hiding behind the chummy visage of the ever so reasonable and reassuring Stuart Simpson (who himself is also incognito behind that disarming beard of his) is busily and quietly taking the CWU to the cleaners once again.

Pay deal? No problem...and even above inflation. And why not?

A reduction this year by one hour, it is in fact two hours come October, in the working week?

I very much doubt it. Trouble coming? You bet your sweet @rse it is!

Once good ol boy Stuart has failed to sweet talk the union into coming to a "reasonable compromise" (there is no compromising with the CWU)...his temporary usefulness will be well and truly over.

He will be smoothly moved aside and a new "properly qualified" CEO will be installed.

And this time it will not be the voice of appeasement...far from it.

Short-term fix? Maybe. Long-term arrangement? Ha, ha, ha. Whatever.

The European Union stands as the most successful model for cross-border union
collaboration through its legislated obligation for companies with activities in
more than one EU country to bring together employee representatives for the
purposes of consultation within a European Works Council (EWC) (Aballéa and
Mias 2010; Béthoux 2008).

Cannot find anything that says it cannot be done.

But there again I am not a union rep like yourself, Isleworth.

By the way, how do you know what my average s.p holding is?

lets start with a rebuff.

1. jiddy123: "STD - would you like to comment on the attachment below?
https://www.royalmailpfs.com/".

No. What on earth has it to do with any of my previous comments?

Now for a retort.

Normandy53 and 200iq. RMG owns GLS -- the CWU represents the vast majority of all RMG members: why does it not make any concerted efforts to recruit GLS employees? Dave Ward, a short while back on Facebook, discussed the worldwide trade union movement with some, supposedly, world leader of all trade unions. Is he not interested in people who, according to they themselves (the CWU that is) and employed by the very same employer that employs the people they represent, suffer from such unacceptable and appalling terms and conditions? Apparently not! Because if they really did stand on the moral ground they would be compelled to do something about it all. But they don't!

Why? Because apart from threatening a UK strike to support RMG employees working on the continent there would be very little else they could actually do about it.

They (the CWU) would end up with egg all over their faces. Not very good for the unions prestige...or morale. Lets not forget also this a union that represents lots of different people in many different jobs. For example: the BT workers. But not, apparently, people outside the country doing the very same job as UK posties. A bit of a hypocrisy this perhaps?

An endorsement.

Well done, wolves, for holding up your hands concerning your former contestations regarding the s.p: all credit to you.

Further to that: "first of all i have to apologise to the 80% of royal mail employees that work hard and say i am sorry we have been let down by royal mail....and the CWU.... truth is no one gives a fk anymore and bad management and union missing.... this company is a joke from top to bottom.... no wonder the share price is where it is and the shorters are after the assets...................."

SPOT ON, wolves!!

And finally...the put-down.

How Pullinger has the brass balls to go onto Facebook and declare that this is the very first day of negotiations is completely mind blowing. Talks concluded by the end of July? Might extend to two or three weeks into August? And then we are told: well, to be completely honest...only just started now. What!!!

So, just for the exercise: 5 or 6 weeks wrangling -- union storms out -- rallying calls to the troops -- 3 or 4 weeks to organise a ballot -- a weeks notice of impending strike to employer...and guess what -- Christmas is over!!

You could not make it up. Ward and Pullinger? Nothing more than a pair of ****ney barrow boys.

Let us all hope the above does not come about. Or more correctly, let Ward and Pullinger hope most fervently it does not come about.

Because if it does...there will be no place to hide behind this time around.