Member Info for simx

The Board of IDS (the "Board") confirms that on 9 April 2024 it received a preliminary and conditional non-binding proposal from EP Group regarding a possible cash offer for the entire issued and to be issued share capital of IDS not already owned by EP Group and its affiliates, namely VESA Equity Investment S.à r.l ("VESA Equity") at 320 pence per share (the "Possible Offer"). VESA Equity is an approximately 27.5% shareholder in IDS.

SUPERSONICTRADER, 5am INSOMNIAC commentator shouting in capitals, lay off whatever it is you're doing its not good for you and addles the brain. 99p sp? very much doubt it. Todays inflation figures down to 3.2%, getting closer to the 2% prerequisite for interest rate reductions. Next months figures will include the April energy price cap reduction, which was around 15%, another big reduction in the in the inflation rate, and real cash into the pocket of every consumer. Also next month final results, which are going to be good, and, I'm happy to have been reliably informed will include a dividend!

Sorry Brendy, question re; 'dividend mentioned at conference' -was to Andy.

Pretty sure nothing saying a dividend Will be paid. Break even for the year was the aspiration in January.

Just looked at Q3 update release 18 Jan 2024 07:00.

Had a scan, no mention of dividend! Looking for the group to break even at end of financial year. If no one can tell me where I can see an RNS telling me of a dividend, then it's conjecture, speculation or BS to be direct. Brendy, what conference are you talking about? How come you're so certain?

Not as far as I'm aware has there been any mention that a dividend will be paid. I do recall mention of the possibility of a dividend, but that means nothing.

Derek, I only look in the mirror when I shave. I can't remember ever having to look in the mirror and re-evaluate my sense of self at a strangers or any one else's suggestion.

Just to clarify my point: There are many more addresses to deliver to, and the building boom continues. Currently, this means there are more walks to complete whilst letter volumes decline. The number of walks needs to be reduced whilst complying with the USO.

Seidenbergs proposals are the best solution I have seen to enable this puzzle to be achieved in a cost/green/resource effective manner. His track record is excellent, and he appears to be rapidly adapting to his role as CEO and focusing on RM. I am very positive about all aspects of Royal Mail under his leadership and believe the future will be very successful.

derek rochol: you have an appallingly negative outlook re royal mail. o.k. , the system designed to handle 20 billion letters may have been dismantled to some extent. it would be idiotic not to, considering we are in an electronic age where mail and mobile calls are virtually free and instant. consequently letter volumes have collapsed and that trajectory will continue. people won't pay to lick or sniff or listen to the sound of paper being crumpled as it's thrown in the bin.

in parallel to this, the population and number of addresses have skyrocketed. for r.m. this is a lose lose. instead of looking for reasons to **** off any innovative ideas to square this circle why don't you use your vast experience (no p*ss take) to suggest how seidenbergs proposals could be enhanced. you know, some real ideas to fit the world we currently inhabit, after all didn't you spend your whole life at r.m.?

the goalposts have, and will continue to move, a new philosophy is required and i believe seidenberg is a person of originality and creativity. he has approached this problem in the correct manner by asking customers how they want the system to function and then creating a proposal that really can work.

JB, as you say, could have been done a long time ago, so why wasn't it? No legislation required simplifies it for everyone. It can't become a political issue which I'm sure will be a relief for sunak and starmer, and there is no decision to be made and therefor no issue to kick down the road. Just look at what's been written on this board about what will have to be done to change the USO. Ooh it's going to be so difficult etc., no it isn't it's a piece of p*ss.

Seidenbergs plan's continue to provide a USO, and crucially give RMG the opportunity to stop haemorrhaging cash every year, and and instead of dying, RMG can be built into a successful British business proving an improved service.

A system built for 20 billion letters, servicing a demand of 7 billion letters, forecast to be 4 billion letters in 5 years time. This is farcical and anyone with a fragment of brain can see that a pragmatic solution that continues to serve the requirements of the USO and continue to employ 100,000 people should be seized with both hands.

This is the key line from todays RNS:

'The proposal for reform can be achieved with regulatory change without the need for legislation.'

It appears as if Seidenberg has found more efficient ways to comply with the USO without the requirement of parliamentary approval. This is quite remarkable considering the short period of time he's been in the job. The added plus is that the CWU are unlikely to cause too much fuss as the 1000 anticipated redundancies will be voluntary.

It will be very interesting to see how this moves forward.

Just had a look at ADvfn. It states last trade was at 16:35:12. If you look at the Share trades tab above on this site you'll see the UT trade took place at 16:35:12:

15-Mar-24 16:35:12 216.40 2,753,439 Sell* 215.20 215.50 6m UT

It was a sell for 2,753,439 shares, so the Advfn data is clearly incorrect. The IDS share price tab above will give you access to fridays total trades; buys, sells and by inference unknown trades, of which there were more than 3 million.

Cherrywhite, LSE has 3.9 million sold 725k bought for friday 15/03/2024

Just watched an absolute torrent of trades go through to break 220. As I recall from the last time, I don't believe there to be a lot of resistance to 200. All my own opinion.

More bought than sold so far today, no negative economic news, ftse up 1.2%, IDS down 4p. Cherrywhite, computers are not in charge, it's the people setting the parameters fed into the algorithms. Today sells are more heavily weighted than buys. It's nothing to do with sentiment, direction of travel is set by the system.

Ant, preliminary full year results released mid May. We will probably find out then. No real news since Q3 release, though I do recall there was possibility of a dividend mentioned. Q3 release was good in my opinion. My personal view is a slightly better than 50/50 chance of a small dividend.

Funny:

https://www.dailymail.co.uk/news/article-12986073/DPD-online-chatbot-rogue-swearing-calls-worst-delivery-firm-world.html

JB, news released at 11 am, IDS sp jumps 1.3 p at 10.51 am. Did somebody get the news early?

Moneyshark, sean, you won't be disappointed, it's a fascinating read and maintains it's objectivity throughout.

However this is an IDS board, and a lot of time has already been spent on this non IDS topic. Time to move on I think.

Anybody viewing Stalin and his regime through rose tinted spectacles would do well to read Simon Sebag Montefiore's 2003 biography "Stalin, The Court of the Red Tsar". The content is unimpeachable, much of it from primary sources and recently released archive documents and letters of the most senior members of the government and Stalin himself. The horror is stark, the murders and torture in the nearby lubyanka are detailed, as are the murders of the people and ethnicities of those considered 'unreliable'. Stalin's own handwriting written in the margins of documents arbitrarily noting how many should be killed. This even extending to the wives of members of his own circle, with one chapter entitled 'The murder of the wives'.

If you intend to read a book and truly educate yourself about what happened in Russia during this period of history try this one. Despite the detail and irrefutable source material there will always be some people buried so deeply into the ideology and dogmatism of communism that they will continue to deny or excuse this psychopath for the shocking and inexcusable atrocities he committed.

JB, I think we got off very lightly.

Anybody else notice this huge late trade?

06-Nov-23 16:53:06 254.90 5,239,880 Unknown* 244.70 245.00 13m O