Member Info for Sid786

The London-based postal services provider declared a special dividend of 8 pence per share.

Https://www.lse.co.uk/news/IDS/royal-mail-owner-swings-to-profit-but-warns-of-autumn-budget-impact-3cbzpearive4bb0.html

Agree JB

I hope the bid gets rejected either by shareholders or the government..

Https://www.proactiveinvestors.co.uk/companies/news/1060399/royal-mail-owner-s-results-to-be-clouded-by-takeover-progress-1060399.html

The process is taking way too long

What would happen if you didn't vote

Oli is the voting in September?

JB what has been proposed by the board has been fine,CWU and ofcom, seem to be fine with it, everyone, ie all the concerned parties seem to accept , change is required....

The problem has been all these messages have been falling on deaf ears, ie the conservatives... They just seem to be oblivious to what is happening at RM.....

If it had not been for the bid from DK and election, maybe things would have just continued, with the slow decline or RM....

WITH the bid, and new government, there is no time for lengthy consultations, fairly quick decisions will have to be made...

Let's hope these are for the better of shareholders and employees and not DK

The best outcome medium to long term for the shareholders would be rejection of the bid, and substantial reform of the USO...

In this regard the CWU AND DAVE WARD are more important than the board who I believe have thrown in the towel too early...

The CWU have been paying the labour party yearly substantial subscription while in opposition, now is their chance to get payback....

The government accepting the bid is bad for CWU.

The government rejecting the bid without reform is bad for CWU ...

Only option is, like it or not, for the CWU , to take the lead , work with a friendly labour government , ofcom and the board, for reform the USO, and reject the bid...

JB , the specific part of legislation under which labour government would block the take over is called CWU 😁 LOL , is not about Kemi anymore it's about DW now LOL

Is there any point in her meeting him, she's done nothing to help RM in the past, AND she has nothing to do with the future decision making for RM either

The most likely scenario is DK will win the shareholders vote, with a small margin...

The labour government will block the takeover on national security grounds, and reform the USO, something which conservative never really committed to, or had absolutely no interest in RM.....

JB can you send the full link to the article and I will see if I can open it

It's a NO from me as well

After 12-18 months the shares will be £3 plus and paying a descent dividend

JB hope so, also after selling out , not sure what I would buy...

Maybe the biggest obstacle to the take over is not the government cwu labour party but the 3.70 price....the board has been been won over but the major shareholders I think will hold out for a higher price...still think he will have to offer 3.90 plus

Redceo, lets hope it continues to rise

Still no results, very odd

Https://www.cityam.com/royal-mail-owner-ids-fails-to-post-full-year-results-on-time-as-takeover-bid-looms/

Also RM have been leaderless for a year now and it's taken a ftse 250 company a whole year to find a CEO

Incompetent

Maybe there's been a counter bid 😁