Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
What a nasty, rude little man you are.
Derek, you have made that up, when did I say Amazon were going to make sellers use their delivery service? I made a point by being extreme and said that, if you can't grasp that, then I won't discuss it with you any farther. I have not "invented" anything. Rm have already lost customers due to striking, they also loose custom by being too expensive with packages over 2Kg. If I sold on Amazon and Rm went on strike I'd use Amazon if I could instead.
You're missing my point. Just say Amazon sell everything on line from now on, nobody else sells anything online. Short term, great, post office is booming, Royal Mail is booming. Then Amazon decide to deliver every single item themselves. Rm have nothing and go into receivership.
A bit extreme but I'm making a point, the more sales through Amazon the more Rm stand to lose. Not an issue if everyone else is booming, but we're not. Hopefully this is a minor glitch, but at the moment myself and 4 other sellers are posting between 40 and 60 percent less than normal (None of us sell toilet roll though!).
Amazon have rolled out their own delivery service recently, if they are getting busier and Rm decide to have strikes, they will find alternatives, possibly expanding their own delivery system which will be bad news for Rm. I 'm all for Rm getting more business, but Amazon getting stronger and other businesses faultering is pos not so good especially with upcoming strikes.
I went to the post office today with very few sales to post. The post lady said her Amazon sellers were booming but other sellers not so good. If Amazon roll out bigger posting options for a wider demographic I think Rm will be in even more trouble. Why Amazon sellers are doing so well I'm not sure.
Most stocks have crept back up a bit but Rmg keep dropping, is this due to strike action looming compounding situation, or Rmg catching up with drops, or something else.
This story has already been told in our history, look at Spanish Flu around 1st world war. It went away and came back wiping out tens of millions. Hope this is nothing like it.
Why is this going up and up? They have made less profit and the divi is down on last year, but the sp is going up and up, if they are putting a lot of cash into iffy package holidays then next years first quarter could be a loss with the uncertainty of Brexit still looming as well, I just don't get it.
Add to that, disappearing post offices and very limited parcel sizes at reasonable price.
I haven't seen an auto parcel station yet, do they take up to small parcel only?
If there is no profit and no divi next year what will the sp be then?
Surely that's the time to buy and not now?
Taverham, UPS are very good. I only use RM for up to 2kg parcels (for cost reasons) UPS 2kg to 15kg. Ups are cheap when using paypal, they will come to my house to pick up parcels and deliver within 2 days, if they started delivering below 2kg at similar prices I wouldn't use Rm at all. This is what Rm need to sort out.
nuri, believe what you like, you did when falklands kept saying 175...
Nuri, I only joined this year and don't want to give my opinion on any shares when my knowledge is close to zero. I have put my opinion of Falklands on here because several members were very critical of him. Having seen the exact same mentality on the TC page towards every member who dared to say don't invest, TC are bad news etc, I don't like to see as a balanced view is needed.
Ps from reading the actual results and not a rose tinted view of them, I think you are wrong, sadly RM are a risky bet at best just now and if they make a loss next year their sp will go down further poss below 150, but I'm new to this and could be way off.
Glad I took heed of Falklands, I'm quite new to investing and stupidly listened to people like nuri with rm before and worse still other rampers with Thomas cook! this time stayed away from rm shares (not that I have much left to invest). Any newbies would do well to watch and learn and not to listen to rampers…
Thank you Falklands, voice of caution.