The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
of his own money just to watch the CWU Postal Executive dictate policy and the future direction that this company is going to take.
And the CWU Postal Executive, or anyone else for that matter, must be MAD to think so.
No one knows, well, not on this board, what the s.p will do in the short term...but buying a few here, even at this price, cannot be a bad thing in the mid to longer term.
Not that it might come to the 'longer term'. By then Kretinsky might well have taken us over.
I always thought he might...but now I am not so sure.
I think now that what he initially intended all along was to pressure the Board into splitting GLS away from R.M...not that they more than likely needed pressuring into doing so. They would have seen the necessity without Kretinsky prodding them into doing just that; I think Kretinsky actually buying out the shareholders is more than likely a secondary consideration for him: if the opportunity arises.
But it is absolutely certain its one or the other. Either way, as shareholders -- we just cannot lose!
A big thank you as a shareholder from me to you Mr Thompson!
And if you could possibly find it in your heart to drop anymore bad news over the next day or two I would be very grateful...I am skint at the moment...but I will flog a few other shares from other stocks, and buy a few more R.m shares if the price collapses back down. Many thanks Si. Cheers!
You crafty old postie you!!! Lol. Nice one!!
Topped up at £3.00 -- £2.70 -- £2.38 -- £1.88 -- £1.77.
And all the way back up again: £1.86 -- £1.98 -- £2.06 -- £2.23,
And if it collapses back down...I will sell some other stocks and buy a shed load more.
Kretinsky launches a takeover...or the Board (at Kretinsky's insistence) split GLS from R.M.
As long as your average is not ridiculously high...you just cannot lose here. Even if Kretinsky does get the company...he is unlikely to get it for much under £4.00 a share. And thats if we strike all the way to Christmas 2023.
And that won't happen. This strike is dead in the water.
Why should they?
Not only won't they lose confidence in Thompson...they won't lose confidence in the Board either.
That is being more than amply demonstrated by just looking at the share price.
Two days of consecutive strikes (and today being Black Friday) and the s.p is still holding.
In fact google is showing a big rise in the price after the bell: £2.45. Is this some sort of negotiated order?
Something in the making here.
Got to be a big announcement, surely, come Monday?
This is more than a positive AGM.
@Scamp - isnt the deadline 3 months for picket line protests then CR? I have it as early January?
That is my understanding, Newdealz'
"After 12 weeks, you can be dismissed if you take industrial action and your employer has tried to settle the dispute. For example, your employer may bring in advisers from Acas to help find a solution."
Obviously there is far more to it than just this...but it gives one an idea of what the company might be considering...or indeed have already planned for.
Again...does not make happy reading.
on YouTube.
This company is not for bending. The Board is not going anywhere. Thompson not going anywhere...CWU not GETTING anywhere.
Last chance saloon for the CWU and us posties.
The company will limp to the other side of Christmas...then just sack thousands of us posties and replace us with agency workers.
And all perfectly legal.
Problems solved.
As far as the CWU is concerned, there is a world of difference between voluntary and compulsory redundancy...as everyone here is fully aware of...obviously.
The company may well be able to find and fund 10,000 voluntary redundancies...but it will never have the blessing of the CWU on present terms...and therein lies another problem: how many will take up the offer of VR on the basis of these greatly diminished payouts? (over 50% down from historical payments).
A great amount of people may well be holding out for a better VR deal brokered by the union...if its not forthcoming...what then?
That just leaves compulsory redundancies...and perhaps many of those people even more worse off financially because they did not take up the offer of any extra redundancy money in the first place.
Not looking good.
at least that is something positive. Not been much else to celebrate over the last 12 months.
this is more than just freshly invigorated interest in a product development.
The CWU has managed to negotiate a good deal here...but refused to embrace it.
I suppose, at the end of the day, as any union, they just cannot swallow the job losses.
Its a real shame. Hampered by their 'Main Directive' (no job losses) they were, in all fairness, doomed to failure.
This, if not resolved in the next two weeks (at the very latest) is going to get very, very ugly indeed.
It is not going to be a pleasant thing to be involved in if Ward and Co cannot seem to well and truly grasp the reality, not just of the moment...but of the real world that we now live in.
Accepting that as a fact or no...it all amounts to the same thing: change is inevitable in every facet of our brief lives. It is the one underlying, immutable truism (however unsettling or distasteful we find it) ...and its called -- 'Survival of The Fittest!!'
End of.
Its how they operate...and not just in times of pressure.
Royal Mail could not operate efficiently enough without temporary staff...not really temporary...more part time. Which is exactly what R.M want in all fairness.
Call it part time, flexible working, annualised hours...call it whatever you want. But it all equates to the same thing.
Just like owner/drivers...and thats going to increase, dramatically, over the next several years.
OliGarch mentions this in latest posting; I have mentioned it several times over the last 12 months or so myself.
I was always of the belief that R.M could make their biggest possible savings when taking a long, hard look at their present Fleet.
It should be quite obvious to anyone really.
Risen rather dramatically of late.
RNS lands tomorrow...Monday at the latest.
"We are NOT having this Board telling us how to run this company".
UNBELIVABLE!!!!!
Very well then, Dave...Kretinsky can tell you instead.
Night all.
All hail the Ice-Man...for as surely as Winter comes creeping slowly ...so cometh the Ice-Man.
Would like to strongly protest this disgraceful, gross and callous character assination attempt to unjustifiably and cruelly besmirch our hardworking 'Ducks' (ducks-under-constant-knocking-and stress) with this utterly contemptible labelling that amounts to nothing less than a complete distortion of the truth.
Members of D.!.L.D.O are stiffly proud (quite rightly so) and highly motivated in the pursuit of their chosen vocation: to rigorously serve all members of the community...without bias or prejudice; and, it has to be said, are more than willing to pursue all avenues of opportunity whilst inserting themselves into every facet of our daily lives.
Indeed, for some people, they are nothing less than a much welcomed relief from the daily grind of a boring home life and the repetitive, predictable demands that, unhappily for most, go with it.
So, please commit our motto to mind: "There is nothing like a good, steady Duck".
We pride ourselves on, not just both the reliability and durability of our amazing members ...but also their dedication
to their sworn duties which leaves nothing to chance...all avenues of opportunity being keenly explored.
So the next time you think its funny to laugh at our openly proud and manly, upright members...then please remind yourselves of this:-
When you need a helping hand , think -- D.!.L.D.O -- the only Duck that never lies down! And that's no matter how many times its forced back in to go the extra mile.
But why? Impending RNS perhaps?